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Episode 143: Infinite Banking: Top 10 Reasons Why Whole Life Insurance Sucks! Part II

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Manage episode 448444419 series 3308339
Content provided by The IBC Guys via Podcast Principles. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The IBC Guys via Podcast Principles or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

Dave and Paul are no strangers to the confusion that is “financial advice” in the online space.

Everyone has an opinion.. And the worst part? They all seem to contradict one another.

In this week’s follow-up episode, Dave and Paul continue discussing this info dilemma that most Americans find themselves facing. Additionally, the guys finish reviewing the article that covers reasons one you shouldn’t get involved with whole life..

Episode Highlights:

0:00 - Introduction and recap

2:08 - #6 reason: the tax advantages are “oversold”

10:17 - #7 reason: “rate of returns”

11:27 - #8 reason: “low returns”

14:09 - #9 reason: “the cost of insurance rises”

17:07 - #10 reason: “non qualified investment are not that bad”

23:41 - Talk to someone who is ‘biased’

24:38 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]

  continue reading

175 episodes

Artwork
iconShare
 
Manage episode 448444419 series 3308339
Content provided by The IBC Guys via Podcast Principles. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The IBC Guys via Podcast Principles or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Visit our website:

https://www.thewealthwarehousepodcast.com/

Dave and Paul are no strangers to the confusion that is “financial advice” in the online space.

Everyone has an opinion.. And the worst part? They all seem to contradict one another.

In this week’s follow-up episode, Dave and Paul continue discussing this info dilemma that most Americans find themselves facing. Additionally, the guys finish reviewing the article that covers reasons one you shouldn’t get involved with whole life..

Episode Highlights:

0:00 - Introduction and recap

2:08 - #6 reason: the tax advantages are “oversold”

10:17 - #7 reason: “rate of returns”

11:27 - #8 reason: “low returns”

14:09 - #9 reason: “the cost of insurance rises”

17:07 - #10 reason: “non qualified investment are not that bad”

23:41 - Talk to someone who is ‘biased’

24:38 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]

  continue reading

175 episodes

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