Entrepreneurs Need To Watch This Before Trying Infinite Banking |
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- Опубліковано 10 лип 2024
- In this BetterWealth clip I speak with Matt Love from @CashFlowArchitects about some of the biggest mistakes entrepreneurs make when using whole life insurance and infinite banking for building wealth.
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0:00 - Intro
1:35 - The Problem of Infinite Banking on social media
6:44 - Value Creation for beginners
13:52 - (Wealth Exercise) Describe Your Life in 3 Years
16:45 - Why do you like Whole Life Insurance?
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WEBSITE: betterwealth.com
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*This video is for entertainment purposes only and is not financial or legal advice.
Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. - Розваги
I don't think I've ever taken so many notes from one 23 minute video. Incredible conversation.
I love that!
I love the focus on using and following mental frameworks and principles to reach your desired outcome. Great stuff!
Thank you! Glad it was insightful!
AWESOME video!!!!🙏❤️🤓
Glad you liked it!!
How does he design policies? Does he prioritize the death benefit or the cash value?
always depends on what the client is looking for. There is no ONE WAY... very customizable.
@@CashFlowArchitects in zero circumstances does it make sense to design a policy that requires 15-20yrs to reach it’s dollar for dollar goal, regardless of age. Doing that prioritizes the death benefit (commission to the agent).
@@peterlynch599 I don't think you're familiar with estate planning and no one said anything about 15-20 years. Thank's for the feedback.
These are sold to people who lack financial wisdom and are easily scared of investing which is why they don’t have much money which is why people without much money own these because it’s an easier sale. It’s a vicious cycle except for the salesman who is selling a product and not an investment.
That's awesome
I like the content, but I find Matt’s presentation style to be sorta cringe which would cause me to step away. Caleb is more my style.
Thanks for watching 😁 My goal is to always have a diverse set of voices and perspectives on the channel. It won’t always resonate with everyone but I really appreciate you still watching!
@@BetterWealth Thanks for putting out really good and compelling content. I enjoy watching your channel even though I’m much more of an IUL guy.
@@WWIIPacificHistory That means a lot, thank you! If you're ever interested in coming on the show and discussing why you like IUL let me know!
aw :(
@@CashFlowArchitects If it helps Matt I loved our conversation haha