<prompt> Human: I spoke with an agent selling whole life insurance and it seems like a safe stable way to build a nest egg over time while getting returns smaller than the stock market but far more stable. Wheres the bad part? Everything has one. I feel as though Im too young and inexperienced to fully comprehend the ups and downs.  <response>: Ask the salesperson what percentage of your first two years investment will go to pay commissions and fees.The answer is usually somewhere between 50 and 100.When you invest money and all of your investment is gone after the first year is that a good investment or a bad investment?x200B;Run away, he is a salesman, not an agent. x200B;if you want insurance buy term insuranceIf you want to invest in the stock market buy index funds and forget about the money for 20 yearsx200B;Whole life is smoke and mirrors of the average person. Stay away 