How To Buy Real Estate Using Your Life Insurance Policy | Rants & Gems #95 

Of course there are fees, there’s a death benefit 🤦🏻‍♂️

Stop worrying about fees and think how u can leverage this tool to ur advantage. People are always focused on not loosing instead of how to win

From a banker's standpoint. Have you ever questioned your bank while they only give you 0.1% of the money in your savings account but are the biggest owners of life insurance????

@@emiliaotoba8179You said it all!!

@@MRPOLY_237and on top of that charges fees for having the bank with them and charge you even more when you go negative while your money have made money for them for years. Poverty is a mentally thing. This is how the wealth is getting richer and the poor is getting worse.

Book an appointment.

✌🏿2 all. If u don't mind me asking, how was the process to get your license? Was it difficult? How long did it take? How expensive was it? Ty in advance ✊🏿. Peace 2:54

✌🏿2 all. Congrats btw 👏🏾 🎉. Peace

The process isn't hard but different states have different requirements.I did mine in 2 weeks but good if you work under brokerage especially if you want to be independent.I have my health and now studying for the securities license

They're not going to explain that because they don't want to miss that commission

She said that.

That's not a proven strategy. That's why most people who subscribe to your idea dies without coverage and the MFs don't return that 12%

Open our eyes to possibilities just by your post.

According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed might be a little bit behind the curve than maybe they expected heading into this year."

"There's more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.

I concur with you as well. I prefer to have an investing coach's advice in my day-to-day investment decisions because their skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it practically impossible for them to underperform. My coach and I have been working together to invest for literally four years, and we have already generated over $1 million in net profits.

We're only just an information away from amassing wealth, 1 know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

Absolutely, Olivia Maria Lucas is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like

Speak about facts not hearsays.why worry what people earn instead of focus how to leverage.

You totally skip the death benefit making your family wealthy when you die. It’s a long game not a cash grab

I've only listened to half of this interview and she is talking about "over-funding" The policy Without mentioning, there are limitations to how much you can put in your policy during the first 7 years. It sounds like she's not going to mention that the second half of the interview either ha?

I guess they don't have the MEC rules in Queens!

I think to remedy that is to take out another policy and store the rest of the cash there

@@MrArtVein You do not need to repay your life insurance loan, but there are risks associated with failing to do so. If you don't repay the loan before you die, the remaining balance will be deducted from the death benefit. That means your beneficiaries won't receive the funds you intended or they may need.

In a a high cash value policy, a portion of the premiums go to the base policy (death benefits) and the to the P.U.A (cash value).. So not all of the $936 was going into the cash value.

@@MrArtVeinthe interest she earns is not competitive with what she could earn in the market buying S&P 500 index stocks. Just buy term life and leave it at that

​@deontemeriwether5118 Mt thoughts exactly. Get term life and pay lower premiums and then invest in index funds and etfs.

OMG!! I did this calculation myself and I'm like no one is going to question this? I'm still trying to find the benefits of doing this. I've watched so many videos and they all say the same thing. I just don't understand why would I put in all this money to borrow it from myself. I haven't seen a video yet that explains the rationale for this. Other than that you don't have to pay it back because it will get deducted from your policy.

Whole life insurance and universal index life insurance

I’m an agent, Foresters has one of the best universal life policys out there in my opinion. Plus they’re a stable company. you want a rock solid company. Mutual of Omaha is about as stable as they get, A+ rated

NO. UL pays no dividend, it is a interest rate dependent policy or if it's a variable UL policy, you get what the market gives.

@@eulettagordon8102 sorry😀😀😀 that was a wrong usage of financial jargon. I was actually referring to interest rate. Thank you for correcting me

It’s all about generational wealth transfer & the death benefit your family will receive when you leave this Earth… Pay attention. Stop being selfish & only thinking about yourself in the moment. You can take loans out on the policy to use to invest & create cashflow that you did not already have generating, your money yields up to around 6% annually… & the loan you took out on the policy continues to compound interest on the total balance of what you currently have in the policy regardless of the fact that you took a loan out.. If this doesn’t sound like a win to you then you will never be able to identify what a win looks or sounds like until you shift your mindset. The best & safest investments take some time to see all of the return on the investment. It’s about ownership & leaving behind a legacy for your family & generations following to continue to build on top of so that they aren’t faced with the same struggles that you had to endure from the time you were born. Let’s shift the mindsets of our people from this poverty stricken mindset, to a wealth encompassing mindset! There’s a reason why the rich & wealthy are executing on Life Insurance policies left & right because they comprehend how to leverage them! Why would you put all of your money/savings in a bank account when you can put it in a Life Insurance policy that will, 1. take care of your family if you, (God forbid) pass away, 2. Allows you to take a loan out on the policy to invest in other assets to generate cashflow that you were not earning before, & 3. Yields compounding interest annually at high percentages, regardless if you’ve taken loans out on your policy or not, it continues to yield that compounding interest on whatever amount you took the loan out for + the amount you left in the policy…. It only makes sense. Saying all of this out of love, I only want to see everyone win & create a domino effect of all of us shifting the mindsets of those we are connected to! Much love to you & God Bless you, I hope this helps, if not that’s ok too. Just keep researching & learning. We have to begin planning out our future. If we don’t, we put not only ourselves in a very vulnerable position, but our families as well. Utilizing this strategy also puts you in a position to have a real retirement fund, 1,000 times better than any traditional retirement fund that is out there! Think about it! Much love! 🖤🫶🏾

I bet u that policy was structured badly

​@@jihadpierce I can tell you for free that policy is structured badly. Contributing $939 into that policy monthly for 12yrs and all she had was 60k except the death benefit is her priority. And I can tell u that the cash value only started having cash inside probably around 5years to 6yrs of putting 939 monthly. I structure mine myself for 800 monthly, and I have a rider for 357 monthly. Which means I put in a total of $1157 monthly. This is my 1yr 3months old for the policies. For the one of 800 monthly, I already have 14k inside and for the one of 357 monthly, I already have 8k inside. Now think about this in 12yrs and think about how much that would be. I believe not 60k. Infact my cash value 5yrs from now should exceed my total money I put in. That's what u called "Break even" So, I think her policy lack proper structure.

Can u help me

@@kelia251 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5hFdvPNXzvU.htmlsi=Kha0CzseHpnlXXeM

I know for universal index, 100% protected. If market crashes u just won't make any money.. Your rate most likely fixed matter how well it does

Paid to beneficiary along with death benefit

Cash value goes back to the insurance company 95-99% of the time unfortunately

@@dreambrother80 no

​@@mr.khalilbashir it is true on whole life. You have to do a IUL option B to get both.

​@@dreambrother80 The cash benefit goes to the beneficiary less outstanding loan balances.

What do you recommend

Pick the cheap 1 with no cash value

It’s working well for me lol

You missed it 😂

@@The_Walking_Asset no it’s not stop lying

Well it might be working for him. If the policy is structured properly. Otherwise u might be right about being the worst investment ever. I also use the policy my concern is that how come she put in 939 monthly inside the policy for 12years and only had 60k in cash value? That is my concern. I only funded mine with 800 monthly and this is my 14months into and I have 16k in my cash value already and the rider on the policy I have 8k inside with a 357 monthly payment.

Its not a investment 🤦 its a vehicle to use for your investments