Tag: Whole Life
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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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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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Starting a Whole Life Company; Infinite Banking For Me!
I’ve had trouble wrapping my head around whole life and infinite banking. So I’m starting my own company to see how much I can make from people who believe in this concept. I realized that I could skim millions from each whole life customer…so who’s paying the millions?
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The Whole Life Scam; Is Infinite Banking Real or a Con?
If you’ve been researching personal finance on Youtube, you’ve most likely seen a Whole Life Insurance sales person assuring you that Infinite Banking is most definitely NOT a scam and also…make sure to buy their product. Dave Ramsey went out of his way to make sure his audience knew NOT to buy Whole Life and…
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Whole Life Explained | Beginning to understand Infinite Banking | Feat. Mark Hicks
Ever since we discovered the concept of Infinite Banking, we have been champing at the bit to put the numbers no paper to explain how/if infinite banking works. Most people who argue for Infinite banking will make odd arguments, speak in platitudes and then promise wealth. We know that wealth is gained by investing early…