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Probably one of your most important videos, personally I'd give it all to a wife (don't have one yet, don't have billions yet either) to invest in the kids (don't have those yet either) businesses. Could also discuss 'legacy trusts' but overall a great video.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
And people should avoid taxes, Taxes are not some divine duty, but fee for benefits you acquire. Problem with today society is that it aims to offer you "benefits" you dont need and then it tells you you need pay more taxes so we can afford it. Before WW1 Europe avaerage tax burden was 7,7% some countrys even had 1-2%. Government had 2 dutys protect borders of country and protect social order and there was enought tax money to save up. And then countrys started to decide, we need to steghten our military and war is expensive we need to build more roads couse military needs them for movement. We need to start educate people to be sure they aquire right ideology and mind set and taxes were rised fast. And people had no say for this couse Country captured the institution of money and started to print money and if you had money in bank they had accsess and knowledge of it. And in that moment when country had that power they decide its ours to decide what we tax and how much we tax. But in reality and morally people dont have to pay taxes o things they dont care. How much money USA spends on military how many foreign bases it has, how many billions they give to support they gaenda on other countries. And average taxpayer needs to pay for this on some patriot slogan.
The sad thing is this STILL isnt for the masses. You need a lot of money to make even more money. This is valuable knowledge and I am happy to have learnt it and it needs to be taught enough times to make it accessible to all
In this world, the general public adheres to the conventional wisdom that a good job is the key to becoming rich, while a select group of billionaires has access to and operates by a different set of rules or strategies that are not widely understood or accessible.
Yeah !! With the current problem around the world today I think it's best everyone invest more in digital asset than saving in banks and real estate . Just my thoughts.
You are in the top tier of UA-camrs. Everything you do really opens up my eye and helps me learn about the world. I hope more people find out about you
There's a book called money's hidden tricks, and it talks about how using some secret tehniques you can attract a lot of money, it's not some bullshit law of attraction, it's the real deal
@@alexlandsverk887 There isn't a reason to lend money in this instance since you have already paid taxes (gains, income, etc.) so no reason to hassle yourself. You can't put pretax money into an insurance policy and pull it out via a loan without evading the taxman.
What matters in a Debt based economy - the entire World is based on that - is not the purchasing power or money in the bank but the Borrowing Power. You must be able to borrow more and more and more and defer paying taxes indefinitely using real estate, insurance, trust, etc. Without borrowing you can't build wealth. Simple as that. That is why the Credit Score defines one's worth. Guard it (credit score) at all cost.
So learn the system and work with it to your benefit. Everyone can do it. And most people do (work within the system). Bottom line is the credit score and very soon the social score will decide who eats and who skips a meal.@@jamiehayes4820
I didn't hear the most important thing mentioned. You can not borrow against a term policy. It has to be a whole life policy. There is no cash value in a term 10,20 or 30 year policy. If it was mentioned then I apologize. This is a very important piece of info. Most common folk can not afford a whole life policy and therefore can not borrow against the most common term life insurance.
Your right. Term Insurnace is great for protecting you during a temporary term. But its not a contract that allows you to get your money doing more then 1 thing like an overfunded life Insurnace policy can.
Right. The key is the investment account, so permanent insurance only. For us normal peeps we get the insurance company crediting rate (think bank CD) and they are making money with our money. Or, anything with the word ‘variable’ which means the growth is based on market performance and the insurance company makes the management fee )think annual fees in a mutual fund). Very wealthy people create their own investment option thru what is called ‘private placement’ policies where they negotiate having their own private investment strategy.
This comment is accurate. It has to be a "whole life" insurance policy, that offers an investment option and also allows borrowing from the cash value of the policy.
My 7generation grandfather did something like that and from then till now to me we have the wealth and it grows. Its really surprising that u made a video on this topic though many people are ignorant about this.
Can I ask if the life insurance policy mentioned in the video is the same policy most people get or is it a different one? Sorry I don't quite understand it
Look at the government as a mob, forcing you to comply with there rules. How to you beat the dealer, you learn/ read the actual rules, you don’t just listen to the rules your told. Then the house has rigged the game against you.
It's the only way to try and fix the accumulation of money by the rich. And even with these policies we don't manage to do it because the ultra-rich get workarounds.
This is information that is taught in business, finance, economics, and management. These people presenting this information are young. Most people who know this are educated with a lot of capital or little capital, but they know how to manage their finances. They fail to mention that trusts, insurance, or any othe money schemes are not shield from failure. These entities are ran by people and are vulnerable.
With the current global economic crisis, it is important for individuals to concentrate on investing in different sources of income that do not rely on the government. During this time, investing in equities, gold, silver, and digital currencies can still be profitable. As such, it is important to look into different investing options in order to ensure one's financial future.
Sometimes we don't know how useful an extra income may be until we're in a crisis. At this point, I'm searching for ideas on where I should invest my money during this time.
@@Adukwulukman859 Buy stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance of a broker or financial advisor.
@@ZITABELCOMEDY-xf1ws You’re right! I diversified my $200K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $650k in net profit across high dividend yield stocks, ETF and bonds in few months.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
My advisor is Dawn Maureen Humphrey she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@emiliabucks33 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Couple of questions. Please and thank you. 1. why would insurance companies give out 'loans' to people on their ownlife ins policy? What's in it for them? 2. in the event that you terminate your plan, what means will they use to come after you for money that you have borrowed? Do you have to hedge your loan w/ existing wealth such as property or cash? Or will they garnish wages, etc? 3. what if the person dies, but by suicide? aren't suicides typically exempt from receiving benefits? If that's the case, would they come after the estate for borrowed money? 4. is there guidelines on what you can or can't use the borrowed money for? I.E. people can't just go to vegas with $25k from their policy.
I knew one or two things about how the wealthy keeps control of their money but I did not know about the insurance policies. I still do not understand the mechanism. I think I will need to watch the video a dozen times.
Thank you, Jake! Love your videos. I saw some videos about you saying that you are a bad person or something. I think they are crazy or jealous. You make an amazing content 🙏
I have to say that I'm impressed by how these wealthy families are able to unite, organize and trust each other so much. There is a lot of compromise that goes into managing all this stuff for family. A lot of disagreements and quirks that need to be dealt with to have something like this function correctly.
Exactly. This is why I get annoyed when people talk about how untrustworthy rich people are. Most middle class families don’t trust each other enough to even buy a house together. Most are too self-centered to build anything with one another. It takes a lot of long-term thinking and caring about future generations to build something together across generations.
I have attended one of these semi-luxuious family meetings as a guest. They meet so regularly that it almost feels like a job. The family members know each other very well and any distrust and personally issues are dealt with collaboratively. The family members don't necessarily like each other personally but suspicion or grudge holding is a big no no in their circles.
Its due to contracts. Trusts are made by contracts and in the legal sense, “contracts are the law between the parties”. Therefore even if AA own the yacht in paper but another contract says that BB have control over the yacht, then AA the owner cannot throw BB out of the yacht because AA will be liable in Court if AA violated their contract saying that BB have control over they yacht. Contracts keep these rich families in line. Because violation of contracts have huge money penalties. The funny thing is the Court are not paid by the rich families, it is paid by taxpayers money. The rich people gain tremendous benefits from the Courts without the need to pay for it to function well for their own benefit. So rich families simply pay the people in the government in order for them to keep the Courts running well and give them some more benefits.
@@lowerlowerhk I have family that is very wealthy (sadly our side got cut out through will altering), and they have stupid arguments and don't trust each other at all... coincidentally they lose more and more money each generation. Only my second uncle is actually making money off his money, the one who stays out of the beef :P
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Christine Jane Mclean” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
I have to be honest with you, Jake. This is single-handedly one of the most important videos I have ever seen on UA-cam. I’ve seen hundreds of videos on being your own bank and universal life insurance policies but you and the guy that you interviewed did the absolute best job I have ever seen explain this process. This is one of the most valuable things the average person could ever learn! I thank you very very much for creating this video. Actually, I’m going to download this video and create a file from it. I cannot run the risk of losing access to the information in the format that you put it.
I just recently took a class 2 weeks ago learning the basics of life insurance. The things I've learned from the class was very interesting because I'd never knew what to do with life insurance if I had it. Until this video. This video is very informative and very educational. Seeing how the system works it makes perfect sense why this isn't taught in schools...
Very true. A common folk has nothing but his/her freedom to lose when they have everything to lose. Hit them where they hurt: their wealth. Without it they are nothing.
I'm not surprised that the educational system is privately controlled. In school I learned that Martin Luther King was a genuine folk hero. However I have an imperialist relative who believes in full disclosure. He directed me to review Dr. King's speeches, in which he declared that blacks' love for our oppressors should be primarily impersonal and "spiritual" in nature, as opposed to emotional or erotic. He dictated my intimate disposition like I'm both a slave and a prostitute. And this is an enforceable criterion for civil rights eligibility. In hindsight it is rather naive to believe that in a nation of abject racial oppression by the majority, Dr. King would've gotten to first base unless he were pro-slavery. Kate Middleton I'll rip you a new coochiehole.
Furthermore I have a B.A. in Economics so I am aware of the economic impact of civil rights policies IN THEIR ENTIRETY. Not just the immediate impact which is publicized. I know the whole story about how these policies branch off into a de facto slave system.
There is some hidden stuff you don't tell. #1 you need to put in a certain amount of cash in the policy first before you can borrow.. You can only borrow a % of what's in there. Or of the policy..
Your explanation is realistic and straight to the point. l watch several video's on how to trade in the market but haven't made any headstart because they are either taIking some gibberish or sharing their story of how they made it. And l don't want to make mistakes by taking risks on my own
invest with an expert is the best strategy for a beginner's and busy lnvestors. because most failures and Iosse on lnvestment usuaIIy happens when you lnvest wlthout proper guide. l'm speaking from experience.
I was just in a terrible accident i had saved a significant amount of money and i own my house out right im in my 30s. I have hospital bills that are going to put everything in jeopardy. Now, armed with this new information i will make sure this will never happen again.
@pappaflammyboi5799 because she has bills..aka CREDIT is owed somewhere. And banks/creditors and good ol' uncle sam will get their money. ONE WAY OR ANOTHER! If its protected through legal loop holes, its untouchable.
Create LLCs, interweave the LLCs together, create corporations to own the LLCs, interweave the corporations together, create a trust, create a foundation to own everything, and create non-profits so the money never actually leaves the family. The idea isn't to hide money, the idea is to make it super costly for others to get to you.
Y’all need to know this. A well-known podcast in the US taught me how the rich don’t teach how to achieve success. They seek the ideas of Fin. Consultants to help grow their finance.
To achieve success, a Financial consultant is needed to achieve it. I engage in a variety of investments with the ideas of my consultant and have acquired great returns so far. (the amount is confidential).
One thing i have learnt from living in nz is that taking advantage of no tax on profit from shares and bonds which also applies to singapore and a few more.
This is definitely great info, I would recommend if folks earn the capital to be able invest, which isn’t much, learn about LLCs, trustees, etc. but learn that’s the most important info learn.
I have always known that specific insurance policies to have an advantage in any estate planning. Great presentation and encouraging all of us to research and reassess our own financial situation that can always be improved.
The Mindset, education and tools are all available to those who don't have millions and billions! The key is taking back control of your education, re-framing your mindset and finding the right team (BetterWealth) to help you accomplish what is done by the "ultra-wealthy" as Jake puts it! Great Video!
The actual masters controls everything just by existing... They don't "control" anything, things go their way or don't, we cheer "look what we did." It's simply tricky business that almost no one understands unless they are a crook or saint
The cash value is taxed on life insurance… aka the amount over the agreed payout. Also the state decides what life insurance is okay… therefore we would know if there were crazy insurance policies out there. This might have been the case 100 years ago but it’s not the case anymore lol
This is why I find it so laughable to believe that the British Royal family's wealth is estimated at half a billion dollars, or that some publications can claim that Royal families like the Spanish one are "broke".... Please.
Great video! I'm still undecided about crypto. I'm a big fan of gold, which I used to hoard to protect my money from the Wetherspoons and the student union bar. However, I ended up selling all the gold I accumulated and now I want to put it into a safe investment. I want to see what it's worth in 5 years. If you had £500k and you weren't allowed to leverage, would you buy physical property or REITs?
It's hard to give a proper answer, buddy, as this decision is ultimately up to you, your own level of risk (I realise most of us are still figuring this out!) and what you feel comfortable with. Finding a mentor or an experienced person to lead you is something I would advise especially in this volatile market.
@TeresaBrickle Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her out.
There's levels. I'm nowhere near this level. After hearing the various moving parts being explained simply, I at least have a greater idea of what's possible with hard work and education. So thanks..
I'M so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
@Daniel Dagg Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.
Should mention the loss of wealth that happens before inheritance even becomes relevant. The mobility in income from the top quintile of income to the fourth or third is tremendous. It's easier to get to the fifth quintile of income than it is to stay in that quintile.
Being wealthy comes with the challenge of passing on your wealth to future generations without it being squandered. The ultra-wealthy have found solutions, such as trusts, family foundations, and strategic use of life insurance, to maintain control over their assets while protecting them from taxes, liabilities, and mismanagement. By utilizing these tools, they ensure that their wealth continues to grow and benefit their families for generations to come. Given this information, what are your thoughts on the strategies employed by the ultra-wealthy to protect and pass on their wealth?
Love it, great video! There’s certainly a lot of details that weren’t included, but it did a perfect job at arousing curiosity, and interest. I know I certainly like the simplicity of it and I’m looking forward to sharing that information again and again.
But how do you actually take out and use money from a trust without it getting taxed? Let’s say you want to buy a house, car or pay for college. Or if you want to buy a bunch of stocks or real estate? Is a trust really the best way to avoid inheritance taxes? Great video by the way, keep them coming!
I bought a house a couple years ago by just emailing the trustee of the trust and his law firm did all the work. The house is owned by the trust in my case which gives me some protection. As for college and things like that usually in the will it will say what the money can be used for. Also it usually depends of the discretion of the trustee.
From what I understand, they don’t use money from the trust. They use the money they borrow from their life insurance policy, which was funded by the trust.
@@futavadumnezo in India we have highest civilian award...called bharat ratna award....if we get to manages the award ( bribing politician or doing some good work for country and humanity or research in medical and science or top leader at whatever profession like arts, sports etc... ) then we don't have to pay any income tax in India and we got more benefits like z+ security around the whole world ( including 5+ vehicles and 52 police, army, police, bodyguard etc....), free train/bus and vvip facilities....[ cricketer Virat Kohli, sachin Tendulkar has a bharat Ratna ] 🫡
The impact of this content is significant. A book with like messages redefined key moments in my life. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
So a question arises. Does this mean that the insurance companies will gain from your death after you start putting so much money into your policy and borrowing against it? Because it sounds like it will only be profitable and safe for you to do this if you own the insurance company like the Rockefellers. Otherwise you enter dangerous grounds where the insurance company stands to gain more from you dying, and preferably at a young age. I wonder if that's why we have been hearing about these relatively young billionaires dying under suspicious circumstances.
This was answered at 9:05 and onwards. They hedge against tour mortality. They know you will fie some day, so they just withdraw what you owe them from your insurance when you die.
@@bloodaid it was a rhetorical question with a fair share of information in it. If you can't read between the lines, you should do some research on the missing billionaires.
Question: If you have many trusts with billions of dollars and let’s say you had 10 million like he said and you get divorced, do they get some of the trusts or do they not?
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.
I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@viewfromthehighchairr Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
THANK YOU GUYS SO MUCH FOR THIS VIDEO I FIRST HEARD ABOUT THIS IN TONY ROBBINS BOOK "UNSHAKEABLE" IN 2020 WHEN I STARTED TO GET SERIOUS ABOUT MY FINANCES AND PONDERING DEATH AND ALL THAT. HE CALLED IT PRIVATE PLACEMENT LIFE INSURANCE IN HIS BOOK BUT HE DIDNT QUITE EXPLAIN IT AS FANTASTICALLY AS YOU DID AND THE INTERNET RESOURCES WERENT THAT MUCH OF A HELP.
💰Do you watch UA-cam? if you do, here's how to turn your passion into an extra income from UA-cam, without ever showing your face or creating the videos yourself: l.viralprofits.yt/passion
💵 Click here to learn more about BetterWealth now! www.betterwealth.com/jake
Thanks to BetterWealth for being the paid sponsor of this video!
Probably one of your most important videos, personally I'd give it all to a wife (don't have one yet, don't have billions yet either) to invest in the kids (don't have those yet either) businesses. Could also discuss 'legacy trusts' but overall a great video.
Don't click the link it's a data collection fishing strategy
i think its a breakthrough because nobody know how rich people do . this the first time in history. this should be revolution
i always wanted to know who are the true rich people that controls the world. this is mindblowing
Is there a big list of L.L.C's that actually do this? Hm...
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
The best method for beginners is to practice under the guidance of an expert.
Thanks so much Jake for having me on your video! It was a pleasure speaking with you about this.
most welcome
Its ok ur welcomen
Subbed to your channel. Great info ty 🙌💯
You earned another subscriber
@@CranberryJackson57 thanks brother!
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
@jake_tran1 you are a fake, just give up, they've started showing handles in the comments we can all see your number and the underscore, what a r*tard
Earned a sub, I like your channel
And people should avoid taxes, Taxes are not some divine duty, but fee for benefits you acquire. Problem with today society is that it aims to offer you "benefits" you dont need and then it tells you you need pay more taxes so we can afford it. Before WW1 Europe avaerage tax burden was 7,7% some countrys even had 1-2%. Government had 2 dutys protect borders of country and protect social order and there was enought tax money to save up. And then countrys started to decide, we need to steghten our military and war is expensive we need to build more roads couse military needs them for movement. We need to start educate people to be sure they aquire right ideology and mind set and taxes were rised fast. And people had no say for this couse Country captured the institution of money and started to print money and if you had money in bank they had accsess and knowledge of it. And in that moment when country had that power they decide its ours to decide what we tax and how much we tax. But in reality and morally people dont have to pay taxes o things they dont care. How much money USA spends on military how many foreign bases it has, how many billions they give to support they gaenda on other countries. And average taxpayer needs to pay for this on some patriot slogan.
Expected level of stupidity from a Jordan Peterson channel 😂
based...
The sad thing is this STILL isnt for the masses. You need a lot of money to make even more money. This is valuable knowledge and I am happy to have learnt it and it needs to be taught enough times to make it accessible to all
In this world, the general public adheres to the conventional wisdom that a good job is the key to becoming rich, while a select group of billionaires has access to and operates by a different set of rules or strategies that are not widely understood or accessible.
Absolutely, investing can indeed be more effective for growing wealth compared to simply saving money.
When you invest, your money has the potential to earn returns through interest, dividends, or capital gains, which can compound over time.
Yeah !! With the current problem around the world today I think it's best everyone invest more in digital asset than saving in banks and real estate . Just my thoughts.
The investor's goal is to seek value in a way that minimizes risk and maximizes reward.
It is not intended to be simple. It is foolish to find anything easy.
You are in the top tier of UA-camrs. Everything you do really opens up my eye and helps me learn about the world. I hope more people find out about you
_"You will own nothing and be happy."_
Now where did I hear that before..?
The world economic forum
Oh. YOU WILL ALL BE HAPPY MONEY IS HISTORY SHIT. FED WILL BE DESTROYED IN MY KINGDOM ALL BANK GONE DOW GONE NO .MORE STOCKS BY BY. 😮😮😮😮😮😮😮😮😮😮😮😮😮😮
From the bug eating lizard Dr. Evil Klaus Schwab.
Near a cemetery
😂@@lusigijustus7274
There's a book called money's hidden tricks, and it talks about how using some secret tehniques you can attract a lot of money, it's not some bullshit law of attraction, it's the real deal
Name?
cant find it
Did you read it? 😂😂😂
Why is this comment so liked. I wonder
its a bot
Control of your money while it grows, with no requirement to pay back the loan. I love this concept!
Thanks for commenting Alex!
where do i need to sign, right?
It's already post-tax money so it doesn't matter that you lend it to yourself. You can already loan money to yourself without an insurance policy.
@@pappaflammyboi5799 what methods do you use to loan money to yourself without an insurance policy that offer the flexibility that this could?
@@alexlandsverk887 There isn't a reason to lend money in this instance since you have already paid taxes (gains, income, etc.) so no reason to hassle yourself.
You can't put pretax money into an insurance policy and pull it out via a loan without evading the taxman.
Very useful information for when I become a billionaire.
You can use this before your a billionaire 😊
@@BetterWealth where shall we put her money apart from these banks then?
where shall we put her money apart from these banks then?
You have a higher chance to get struck by lightning the day you win the lottery than to become a billionaire
Yes
This is sooo good. Caleb is a machine. He is dangerously smart.
Appreciate the comment Jake!
if he was so smart hed be rich. understanding and being able to accomplish something are very different.
@@yoursleepparalysisdemon1828 poor mindset.. please work on that
@@jaeyfx
true mindset. makinga video essay takes a lot of time and editing skills, not the brains about the actual topic.
@@yoursleepparalysisdemon1828 nah, he sells a course on it, doesn’t he?
What matters in a Debt based economy - the entire World is based on that - is not the purchasing power or money in the bank but the Borrowing Power. You must be able to borrow more and more and more and defer paying taxes indefinitely using real estate, insurance, trust, etc. Without borrowing you can't build wealth. Simple as that. That is why the Credit Score defines one's worth. Guard it (credit score) at all cost.
Actually banks set credit scores, or own the credit agencies that set credit scores. Hard to beat such a system.
So learn the system and work with it to your benefit. Everyone can do it. And most people do (work within the system).
Bottom line is the credit score and very soon the social score will decide who eats and who skips a meal.@@jamiehayes4820
I didn't hear the most important thing mentioned. You can not borrow against a term policy. It has to be a whole life policy. There is no cash value in a term 10,20 or 30 year policy. If it was mentioned then I apologize. This is a very important piece of info. Most common folk can not afford a whole life policy and therefore can not borrow against the most common term life insurance.
Your right. Term Insurnace is great for protecting you during a temporary term. But its not a contract that allows you to get your money doing more then 1 thing like an overfunded life Insurnace policy can.
Right. The key is the investment account, so permanent insurance only. For us normal peeps we get the insurance company crediting rate (think bank CD) and they are making money with our money. Or, anything with the word ‘variable’ which means the growth is based on market performance and the insurance company makes the management fee )think annual fees in a mutual fund). Very wealthy people create their own investment option thru what is called ‘private placement’ policies where they negotiate having their own private investment strategy.
This comment is accurate. It has to be a "whole life" insurance policy, that offers an investment option and also allows borrowing from the cash value of the policy.
This is the content I’m here for!!
I love it Matthew! Thanks for watching and commenting 😊
Love the colab. As long as the most of the video got my guy Jake, I’m here for it.
Jake, I just want to say you're my Gaddamn Hero. Thank you for all your content over the years, and shout out to the squad as well!
My 7generation grandfather did something like that and from then till now to me we have the wealth and it grows. Its really surprising that u made a video on this topic though many people are ignorant about this.
Nice NaCl
Can I ask if the life insurance policy mentioned in the video is the same policy most people get or is it a different one? Sorry I don't quite understand it
FREAKING DEEP IMPERATIVE S*',T
Would you elaborate on what your grandfather did?
For example, what type of life insurance did he buy? Thank you!
@@AuthenticNest😅❤
One of the best videos that shares these concepts in one go! Rich with info yet easy to understand. Thanks guys!
"THE KEY IS CONTROL NOT OWNERSHIP!"
💯
just use the money to cure ageing in stead. search aubrey de grey
to me it's crazy that you can't just give your family to your money in a normal way.. government always gotta get their cut... even within the family
Exactly! FUCK them!!!
Look at the government as a mob, forcing you to comply with there rules. How to you beat the dealer, you learn/ read the actual rules, you don’t just listen to the rules your told. Then the house has rigged the game against you.
It's the only way to try and fix the accumulation of money by the rich. And even with these policies we don't manage to do it because the ultra-rich get workarounds.
This is information that is taught in business, finance, economics, and management. These people presenting this information are young. Most people who know this are educated with a lot of capital or little capital, but they know how to manage their finances. They fail to mention that trusts, insurance, or any othe money schemes are not shield from failure. These entities are ran by people and are vulnerable.
Proud to work along side Caleb and BetterWealth! Excellent video!
🙏🙏🙏
JT got the playbook and the cheat code in the clutch 💯
🔥🔥🔥
18:27 I finally found one that discusses foundations. My thanks to you both!
With the current global economic crisis, it is important for individuals to concentrate on investing in different sources of income that do not rely on the government. During this time, investing in equities, gold, silver, and digital currencies can still be profitable. As such, it is important to look into different investing options in order to ensure one's financial future.
Sometimes we don't know how useful an extra income may be until we're in a crisis. At this point, I'm searching for ideas on where I should invest my money during this time.
@@Adukwulukman859 Buy stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance of a broker or financial advisor.
@@ZITABELCOMEDY-xf1ws You’re right! I diversified my $200K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $650k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@LucyHyde-zx8gq Please can you leave the info of your investment advisor here?
@@LucyHyde-zx8gq who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a broker who can manage my portfolio
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@@emiliabucks33 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
My advisor is Dawn Maureen Humphrey she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@emiliabucks33 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Loving this channel❤❤❤
Keep the Work Jake 🔥🔥
Couple of questions. Please and thank you.
1. why would insurance companies give out 'loans' to people on their ownlife ins policy? What's in it for them?
2. in the event that you terminate your plan, what means will they use to come after you for money that you have borrowed? Do you have to hedge your loan w/ existing wealth such as property or cash? Or will they garnish wages, etc?
3. what if the person dies, but by suicide? aren't suicides typically exempt from receiving benefits? If that's the case, would they come after the estate for borrowed money?
4. is there guidelines on what you can or can't use the borrowed money for? I.E. people can't just go to vegas with $25k from their policy.
I knew one or two things about how the wealthy keeps control of their money but I did not know about the insurance policies. I still do not understand the mechanism. I think I will need to watch the video a dozen times.
Our channel has lot's of video on this strategy :)
Thanks!
When I become wealthy, I’m hiring Caleb as my advisor!
🙏🙏🙏
Thank you, Jake! Love your videos. I saw some videos about you saying that you are a bad person or something. I think they are crazy or jealous. You make an amazing content 🙏
I have to say that I'm impressed by how these wealthy families are able to unite, organize and trust each other so much. There is a lot of compromise that goes into managing all this stuff for family. A lot of disagreements and quirks that need to be dealt with to have something like this function correctly.
Exactly. This is why I get annoyed when people talk about how untrustworthy rich people are. Most middle class families don’t trust each other enough to even buy a house together. Most are too self-centered to build anything with one another. It takes a lot of long-term thinking and caring about future generations to build something together across generations.
To be fair if they just follow the rothschilds playbook it wouldn't be an issue .
I have attended one of these semi-luxuious family meetings as a guest. They meet so regularly that it almost feels like a job. The family members know each other very well and any distrust and personally issues are dealt with collaboratively. The family members don't necessarily like each other personally but suspicion or grudge holding is a big no no in their circles.
Its due to contracts. Trusts are made by contracts and in the legal sense, “contracts are the law between the parties”. Therefore even if AA own the yacht in paper but another contract says that BB have control over the yacht, then AA the owner cannot throw BB out of the yacht because AA will be liable in Court if AA violated their contract saying that BB have control over they yacht.
Contracts keep these rich families in line. Because violation of contracts have huge money penalties.
The funny thing is the Court are not paid by the rich families, it is paid by taxpayers money. The rich people gain tremendous benefits from the Courts without the need to pay for it to function well for their own benefit. So rich families simply pay the people in the government in order for them to keep the Courts running well and give them some more benefits.
@@lowerlowerhk I have family that is very wealthy (sadly our side got cut out through will altering), and they have stupid arguments and don't trust each other at all... coincidentally they lose more and more money each generation. Only my second uncle is actually making money off his money, the one who stays out of the beef :P
This financial information and trust strategies is phenomenal to know for the future when I acquire financial wealth.
That's the real definition of someone putting a contract on you!!!! Literally....
This is really an eye opener, really learning from this channel 🎉🎉
Thanks for watching and commenting 😊
You welcome ☺
Don't use a SSN, use a EIN.
Awesome - thank you Jake
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Christine Jane Mclean” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
I have to be honest with you, Jake. This is single-handedly one of the most important videos I have ever seen on UA-cam. I’ve seen hundreds of videos on being your own bank and universal life insurance policies but you and the guy that you interviewed did the absolute best job I have ever seen explain this process. This is one of the most valuable things the average person could ever learn! I thank you very very much for creating this video. Actually, I’m going to download this video and create a file from it. I cannot run the risk of losing access to the information in the format that you put it.
They multiply while they subtract from you.
I just recently took a class 2 weeks ago learning the basics of life insurance. The things I've learned from the class was very interesting because I'd never knew what to do with life insurance if I had it. Until this video. This video is very informative and very educational. Seeing how the system works it makes perfect sense why this isn't taught in schools...
This is fantastic knowledge to have in order to understand how evil maintains power.
Very true. A common folk has nothing but his/her freedom to lose when they have everything to lose. Hit them where they hurt: their wealth. Without it they are nothing.
I'm not surprised that the educational system is privately controlled. In school I learned that Martin Luther King was a genuine folk hero. However I have an imperialist relative who believes in full disclosure. He directed me to review Dr. King's speeches, in which he declared that blacks' love for our oppressors should be primarily impersonal and "spiritual" in nature, as opposed to emotional or erotic. He dictated my intimate disposition like I'm both a slave and a prostitute. And this is an enforceable criterion for civil rights eligibility. In hindsight it is rather naive to believe that in a nation of abject racial oppression by the majority, Dr. King would've gotten to first base unless he were pro-slavery. Kate Middleton I'll rip you a new coochiehole.
Furthermore I have a B.A. in Economics so I am aware of the economic impact of civil rights policies IN THEIR ENTIRETY. Not just the immediate impact which is publicized. I know the whole story about how these policies branch off into a de facto slave system.
Lastly, hoes of any age are at high risk. I think every female Rockefeller under age 7 could use an intensive gynecological examination.
@@evelynzlon9492 I don’t understand what you’re saying
There is some hidden stuff you don't tell.
#1 you need to put in a certain amount of cash in the policy first before you can borrow..
You can only borrow a % of what's in there.
Or of the policy..
I was told about this 4yrs ago.
Wanted to sign and borrow 20k asap.
Nope.. needed to out in the 20k first.
That's why it's only for the wealthy
Your explanation is realistic and straight to the point. l watch several video's on how to trade in the market but haven't made any headstart because they are either taIking some gibberish or sharing their story of how they made it. And l don't want to make mistakes by taking risks on my own
invest with an expert is the best strategy for a beginner's and busy lnvestors. because most failures and Iosse on lnvestment usuaIIy happens when you lnvest wlthout proper guide. l'm speaking from experience.
I received $12000 from Yuval Eric Brokman in my previous trading section after investlng $2,500, he's really awesome.
Google his name⤵
Yuval Eric Brokman✅
search his full name,>
I was just in a terrible accident i had saved a significant amount of money and i own my house out right im in my 30s. I have hospital bills that are going to put everything in jeopardy. Now, armed with this new information i will make sure this will never happen again.
I don't see how any of these techniques will help you in an accident.
@pappaflammyboi5799 because she has bills..aka CREDIT is owed somewhere. And banks/creditors and good ol' uncle sam will get their money. ONE WAY OR ANOTHER! If its protected through legal loop holes, its untouchable.
I pray that you are healing well 🙏🏼
always dreamt up ideas like this, glad to know i can go through with them.
Most informative video I’ve ever watched
This comment means so much 😊
Create LLCs, interweave the LLCs together, create corporations to own the LLCs, interweave the corporations together, create a trust, create a foundation to own everything, and create non-profits so the money never actually leaves the family. The idea isn't to hide money, the idea is to make it super costly for others to get to you.
Absolutely love this video. Excellent content and very informative.
Thanks so much for watching and commenting!
@@BetterWealth thank you guys for such a great video. I’m definitely sharing this with my friends and family.
19:30 "it almost feels illegal to have"... great description
Jake Tran’s potential is limitless. I attained wealth after I practiced the steps below
Y’all need to know this. A well-known podcast in the US taught me how the rich don’t teach how to achieve success. They seek the ideas of Fin. Consultants to help grow their finance.
To achieve success, a Financial consultant is needed to achieve it. I engage in a variety of investments with the ideas of my consultant and have acquired great returns so far. (the amount is confidential).
Bunch of bot talk going on here.
Don’t believe the bots 😂
All these financial channels have sooo many bots in the comments
One thing i have learnt from living in nz is that taking advantage of no tax on profit from shares and bonds which also applies to singapore and a few more.
Jake Tran's videos hooks everybody
I agree!
Best content creators, keep pushing hero!
This is definitely great info, I would recommend if folks earn the capital to be able invest, which isn’t much, learn about LLCs, trustees, etc. but learn that’s the most important info learn.
Great video Jake!
Thanks Demetrius!
This is so true. I tell my life insurance clients this everyday
It is all about tax evasion. This is the real name of the game.
No, wrong word, it is about tax avoidance (evasion is illegal)
Awesome video as always Jake. Can't wait for that AI video you promised in your last upload 🔥
It’s coming!!
I’m going to have to watch this a couple times to get my head around it 😂
I've been hellla bing watching your videos lately. I love them. You do really great work.
I have always known that specific insurance policies to have an advantage in any estate planning. Great presentation and encouraging all of us to research and reassess our own financial situation that can always be improved.
I don't want to pay to learn, I want you to do it all for me.
The Mindset, education and tools are all available to those who don't have millions and billions! The key is taking back control of your education, re-framing your mindset and finding the right team (BetterWealth) to help you accomplish what is done by the "ultra-wealthy" as Jake puts it! Great Video!
Love this!
🤡 good luck doing that without a roof above your head
bot
The actual masters controls everything just by existing... They don't "control" anything, things go their way or don't, we cheer "look what we did." It's simply tricky business that almost no one understands unless they are a crook or saint
@@BetterWealth You rock !
I just found your channel and this video and guest is an eye opener. Thank you sir till next time, Aloha!
The cash value is taxed on life insurance… aka the amount over the agreed payout. Also the state decides what life insurance is okay… therefore we would know if there were crazy insurance policies out there. This might have been the case 100 years ago but it’s not the case anymore lol
This is why I find it so laughable to believe that the British Royal family's wealth is estimated at half a billion dollars, or that some publications can claim that Royal families like the Spanish one are "broke".... Please.
"Own nothing -- control everything." John D. Rockefeller
Thanks man for teaching us about trust that's deep
Great video! I'm still undecided about crypto. I'm a big fan of gold, which I used to hoard to protect my money from the Wetherspoons and the student union bar. However, I ended up selling all the gold I accumulated and now I want to put it into a safe investment. I want to see what it's worth in 5 years. If you had £500k and you weren't allowed to leverage, would you buy physical property or REITs?
It's hard to give a proper answer, buddy, as this decision is ultimately up to you, your own level of risk (I realise most of us are still figuring this out!) and what you feel comfortable with. Finding a mentor or an experienced person to lead you is something I would advise especially in this volatile market.
@TeresaBrickle Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her out.
Lmfaoo BOTS
There's levels. I'm nowhere near this level. After hearing the various moving parts being explained simply, I at least have a greater idea of what's possible with hard work and education. So thanks..
Best video yet 👌🏼
😊
Their owned donation are actually centre to find bank accounts which can be controlled and used for money rotation
I'M so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
@Daniel Dagg Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.
Talking of being successful! am blessed because I met someone who is as spectacular as Expert Mrs JeffreyKathryn-fx
She helped me recover all that I lost while trying to trade for my self...
Cryptocurrency has become a lucrative way of earning nowadays if traded well, my spouse invested heavily in it. And her weekly returns are guaranteed.
Cryptocurrency has become a lucrative way of earning nowadays if traded well, my spouse invested heavily in it. And her weekly returns are guaranteed.
"What Would the Rockefellers Do?" Purchased the book about 4 years ago. Good blueprint.
Jake tran you are my favorite youtuber!!😎😎
Pst hey men
hey i will ask you something
What do you think of the videos exclusive to members?
I agree with this statement!
Should mention the loss of wealth that happens before inheritance even becomes relevant. The mobility in income from the top quintile of income to the fourth or third is tremendous. It's easier to get to the fifth quintile of income than it is to stay in that quintile.
Being wealthy comes with the challenge of passing on your wealth to future generations without it being squandered. The ultra-wealthy have found solutions, such as trusts, family foundations, and strategic use of life insurance, to maintain control over their assets while protecting them from taxes, liabilities, and mismanagement. By utilizing these tools, they ensure that their wealth continues to grow and benefit their families for generations to come. Given this information, what are your thoughts on the strategies employed by the ultra-wealthy to protect and pass on their wealth?
0:06😂😂😂😂😂😂😂😂
Great video ❤
Clean water, Healthy Food, Shelter, Mental and Physical Health = Wealth, not the love of money….😊
Money provides exactly that. The best quality too. And Security.
My goal was to leave something valuable to my son the day I die. It’s now changed . I want to leave something for my kids kids.
Thanks, I enjoyed watching this video. 🙏😊💕
Money protected from legal consequences.
Dude good luck I love it we got this!
By life insurance I assume they're talking about some sort of Whole Life Insurance vehicle.
Death insurance
Now this is my language 💥💥💥💥
You can also hide it in charities and art. That's how these people do it. For example: Bill Gates..
Love it, great video! There’s certainly a lot of details that weren’t included, but it did a perfect job at arousing curiosity, and interest. I know I certainly like the simplicity of it and I’m looking forward to sharing that information again and again.
But how do you actually take out and use money from a trust without it getting taxed? Let’s say you want to buy a house, car or pay for college. Or if you want to buy a bunch of stocks or real estate? Is a trust really the best way to avoid inheritance taxes? Great video by the way, keep them coming!
Idk. Turn it into crypto on black market? Usually trusts are for veery long term
I bought a house a couple years ago by just emailing the trustee of the trust and his law firm did all the work. The house is owned by the trust in my case which gives me some protection. As for college and things like that usually in the will it will say what the money can be used for. Also it usually depends of the discretion of the trustee.
From what I understand, they don’t use money from the trust. They use the money they borrow from their life insurance policy, which was funded by the trust.
@@futavadumnezo in India we have highest civilian award...called bharat ratna award....if we get to manages the award ( bribing politician or doing some good work for country and humanity or research in medical and science or top leader at whatever profession like arts, sports etc... ) then we don't have to pay any income tax in India and we got more benefits like z+ security around the whole world ( including 5+ vehicles and 52 police, army, police, bodyguard etc....), free train/bus and vvip facilities....[ cricketer Virat Kohli, sachin Tendulkar has a bharat Ratna ] 🫡
this the greatest youtube video ever
This is great information, Thank you for your work Jake!
Glad you enjoyed this video!
The impact of this content is significant. A book with like messages redefined key moments in my life. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
So a question arises. Does this mean that the insurance companies will gain from your death after you start putting so much money into your policy and borrowing against it? Because it sounds like it will only be profitable and safe for you to do this if you own the insurance company like the Rockefellers. Otherwise you enter dangerous grounds where the insurance company stands to gain more from you dying, and preferably at a young age. I wonder if that's why we have been hearing about these relatively young billionaires dying under suspicious circumstances.
🤔
This was answered at 9:05 and onwards.
They hedge against tour mortality.
They know you will fie some day, so they just withdraw what you owe them from your insurance when you die.
@@bloodaid you clearly didn't get my question
@@luisadam679 maybe I didn’t. Then do research and share with us.
@@bloodaid it was a rhetorical question with a fair share of information in it. If you can't read between the lines, you should do some research on the missing billionaires.
Question: If you have many trusts with billions of dollars and let’s say you had 10 million like he said and you get divorced, do they get some of the trusts or do they not?
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.
I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@viewfromthehighchairr Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
@@AlbertGReene-p8w credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up.
@@viewfromthehighchairr Thanks for the info, i found her website and sent a message hopefully she replies soon.
Sheeesh! Soo Much GEMS iN THIS!!
THANK YOU GUYS SO MUCH FOR THIS VIDEO
I FIRST HEARD ABOUT THIS IN TONY ROBBINS BOOK "UNSHAKEABLE" IN 2020 WHEN I STARTED TO GET SERIOUS ABOUT MY FINANCES AND PONDERING DEATH AND ALL THAT. HE CALLED IT PRIVATE PLACEMENT LIFE INSURANCE IN HIS BOOK BUT HE DIDNT QUITE EXPLAIN IT AS FANTASTICALLY AS YOU DID AND THE INTERNET RESOURCES WERENT THAT MUCH OF A HELP.
this is amazing! great content!