TFC17 - Invest The Difference?

Mainstream Revolt

25-06-2022 • 17分

√ A review of two basic types of insurance: Term & Permanent.

√ Is whole life insurance a rip-off?

√ Should you invest the difference between whole life and term? Is there a difference worth investing? What factors into that difference?

√ Who would put whole life insurance in the same breath as “wealth-building tool?” Wait…what?

√ The Term insurance I like? Convertible Term.

√ Is it possible to lose money on a positive average rate of return?

√ Don’t blow off the money superpowers (compounding, velocity, and volume) when it comes to any kind of investing or money management!

Recommended reading:

Prescription For Wealth, by Dr. Tom McFie

Becoming Your Own Banker, by Nelson Nash

CashFLOW Revolution, by MJ Wilson

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Music credits:

Revolution by The Score

Anchor Ad Music by ItsWatR from Pixabay

Copyright © 2022 MJ Wilson, NYK Consulting LLC. All Rights Reserved. No portion of this podcast may be reproduced without written permission from MJ Wilson or NYK Consulting LLC

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