Tag: retirement
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Whole Life is NOT a Good Financial Vehicle | Reaction Life180
Whole Life is often presented as a financial vehicle but the more we review, the more we can’t see how this fits into ANY financial plan. It’s expensive, produces terrible gains, but most importantly, it has an astronomical opportunity cost. Not to mention, everything that’s done in a whole life plan can be done by…
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Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL)
Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL). Doug Andrew has made it his mission to sell IUL as the perfect investment vehicle, but he has yet to prove his claims! Is Doug Andrew lying or does he legitimately believe his own sales materials?
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Reacting to Invest in Real Estate and Leverage with Doug Andrew
Doug Andrew is a Financial Strategist with tons of ideas on how you can give him your money, but in this video, he talks about investing in real estate and using leverage strategies to maximize returns. We love real estate investing so much, we figured we had to check it out to see what he’s…
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The First $100k is a B*tch | Begin Investing 2023
Charlie Munger stated “The fIrst $100k is a b*tch” and was adamant that a new investor do anything to get to the $100k number. Why is it so hard and what’s the significance of $100k?
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Life Insurance…The Trillion Dollar Scam?
Is life insurance, a TRILLION DOLLAR INDUSTRY, a SCAM? It’s hard to calculate the damage buying whole or universal life insurance can have on your retirement plan. But the one thing we can tell for sure, the insurance company and sales people are getting rich off of you.
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Can I Convert My 401k or IRA to be Tax-Free | WI Reaction
If a financial “strategist” is telling you to sell your 401k or IRA to be tax-free and they don’t mention the employer matching or the best financial vehicle available, the Roth IRA, it’s most likely a scam. In this reaction, Doug Andrew tries to convince us that buying his product is the best product for…
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A CPA lost over $863k with indexed Universal Life
Doug Andrew, and his son Aaron Andrew, celebrate the policy they sold to a CPA that lost their customer over $863k in opportunity costs!!! No amount of benefits of IUL can cover for the absolute failure of this investment vehicle. To top it all off, these salesmen massage the facts to make their scheme seem…