Is northwestern mutual a good investment for your money? ?
I am wanting to invest my money and my friend works for northwestern mutual. Is it a good investment to go with my friend through them?
Should say I’m 23. In college for a graduate degree and work full time.
- SteveLv 62 months ago
Keep anything to do with friends and your investing life separate. Youll be much better off for it.
- kswck2Lv 72 months ago
No. NEVER take the advise of a 'friend' that happens to work at a particular company. Do your own research.
- AnonymousLv 72 months ago
No. Life insurance is for covering your liabilities and taking care of dependents. You are better off investing the money yourself rather than pay insurance premiums.
- Anonymous2 months ago
No. You get smaller returns than you would with an index fund. And it can add up a LOT over 30-35 years.
You should invest in an S&P 500 index fund.
Life insurance is a different animal and you should buy term if and when you need it. For less.
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- Pearl LLv 72 months ago
i would ask your friend about it
- JudyLv 72 months ago
Insurance is not a good investment unless you die real young, then it's good for your survivors.