<prompt> Human: All,Im recently looking at buying whole life insurance for 100k. Is this a good investment option? I already have a 401k and IRA and are looking to diversify. I have a family of 3 with my wife and our future son. Im 35 yrs old and would get a preferred rate.  <response>: Whole life is never a good buy. Life insurance is not an investment, it is insurance. 