The Untold Truth About Leveraging Life Insurance: Laddering, IUL vs Whole Life, & Compound Interest!

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0:00 - Intro
2:16 - How did you get into life insurance & Infinite Banking?
12:16 - Banks Vs Policy - How do you know when to use your policy?
16:21 - Is life insurance a horrible investment?
17:25 - Can you write off interest for business use? Is it legal?
19:01 - Time & Compounding
21:26 - What's your framework for Leverage?
24:06 - Caleb confronts Dan about "Laddering", IUL's, & Curtis Ray
43:48 - What do you like and dislike about Dave Ramsey
48:55 - Biggest mistakes people make with life insurance
50:09 - Legacy questions
In this BetterWealth podcast, I speak with Dan Thompson, the founder of Wise Money Tools, a financial speaker, author, and life insurance enthusiast. We talk about the compounding and leveraging effects of life insurance and discuss our contrasting opinions on topics such as IUL, Laddering policies, and popular figures like Curtis Ray, & Dave Ramsey.
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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.

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Опубликовано:

12 июл 2024

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Комментарии : 41

@mfmcintyre 13 дней назад

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.

@JasperMaartenHoutman 13 дней назад

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@grizbaseball 13 дней назад

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@whitefearlytales 13 дней назад

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

@faysdt414 13 дней назад

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@MeliszaMagalyMezaEspinoza 13 дней назад

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@CdotForbes13 15 дней назад

Please do part 2. Dave is the Man!

@ErickDimalanta 8 дней назад

Yes part 2 please! Been following Dan for a longtime and he has changed my mindset on how I look at a lot of aspects financially today.

@bluecollarbullionballer4269 13 дней назад

I use my IUL for investments I love itI bought a few thousand Ounces at 17 a ounce.Going to sell the silver soon and pay back my policy.Then wait for the next opportumity.I love my insurance,srocks, Precious metals.I used Dave to get out of debt.I do my own thing when it comes investing.Thanks for the video.Happy investing/stacking.

@ejbarraza 12 дней назад

PART 2!!!

@southsidepr6573 13 дней назад

Part 2 please

@DrBrandonSchultz 15 дней назад

Part 2 please! Great content.

@jeffreykamke 12 дней назад

Caleb, amazing content

@BetterWealth 9 дней назад

Thank you!

@user-br1rg4kk2l 10 дней назад

Part 2

@fs6668 15 дней назад

35:17 seems like IUL sounds like to much added risk to end up 1/2%, maybe 3/4% maybe 1% higher than a WL policy. I would rather not introduce any risk not have the upward “potential” of up to 1% more. Just my opinion.

@LuxeprivaeMedia 9 дней назад

W/L and IUL are both permanent life insurance products. I recommend getting in force illustrations and actual returns. You will never see a W/L policy get 15, 20, 61% or more in one year. IUL yup, it happens. (actual crediting of the account) NOT an illustration.

@Paka6267 15 дней назад

I would love to hear this similar conversation that you had with this guest with Chris Kirkpatrick.

@MikeAffholder 10 дней назад

Part 2 because I didn't understand what IUL was from this episode lol

@BetterWealth 9 дней назад

IUL stands for Indexed Universal Life Insurance. We have more videos on our channel that cover that topic specifically you can watch :)

@Paka6267 15 дней назад

I prefer making arbitrage outside of the policy vs. inside of the policy. The possibility of a greater arbitrage outside the policy has more upside than inside a banking policy. Great conversation.

@dangalbraith6187 15 дней назад

Who is your guest? Didn't catch his name. Yes do a part 2

@Paka6267 15 дней назад

Dan Thompson, founder of Wise Money Tools

@jeffreykamke 12 дней назад

Yes part 2, amazing deep info

@Unicorn-Black 15 дней назад

A horrible episode, Dan is very confused person, he does not like IUL but he have 4 policies, it work ok with fully funded, but he do it anyway, it wont work unless you fully fund it, but he forgot that it wont work if the market went down for few years (gap between cash and DB wont do that well and will raise the fees - not to talk about cap changes etc) he does not like laddering but he does that, he said you should not do leverage unless its a great investment, than he do laddering on IUL - not sure if he like curtis or not, but he is doing the same risky thing