How To Use Whole Life Insurance To Build Wealth | Infinite Banking

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[sharkbite]

This is why you need to have access to lots of money to make it work. You’re still paying monthly premiums. Something like this needs to be used appropriately. Not how your average person would utilize it.

[mahendrarohansingh]

Friends Beware! Get some financial knowledge from experts in the field before you make a decision about life insurance

[WickedButRepenting]

I’d love to know which insurance carrier has a WL policy that doesn’t MEC with almost double the original investment amount available in CV by year 10.

[johnwilburn]

The only person who builds wealth with this idea is the person selling it, like in this video.

[craigkritsky]

And if you put 150k in a good low cost mutual fund in 10 years you will have over 300k if not close to 400k.

[TonyCook]

Why not just put money in stocks and do a pledged asset line of credit?

[lesterjohnson]

Hmmmm…oversimplification. I didn’t hear him say replenish what you borrowed once. The money is not free and if the policy had to be used any borrowed funds comes out of payout plus interest of the loan.

[onyx]

I didn’t understand a damn thing he said.

[chase]

It’s not cash value. You’re buying more insurance with your dividends. Put that amount in a mutual fund!

[nakho]

So after 9 yrs of 100K deposits and a deposit of 150K in the 10th year, you can borrow 250K. 🤔

[JeanineBrown-ODonnell]

This is NOT A SCAM PEOPLE DO YOUR RESEARCH THIS IS WHAT THE WEALTHY IS

[jackolantern]

Yikes. Just put your money in a mutual fund. Whole life insurance is a scam.

[jeangray]

People, please watch Dave Ramsey video o this concept. You are a thief. No, you're using my money by overcharging me.

[stephendove]

Absolute scam, promoted by people who sell this garbage