How To Use Life Insurance for Alternative Investments | Land Investing, Real Estate, & More!

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BetterWealth

Күн бұрын

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@dailstancill720 5 ай бұрын

56:17 thx for addressing the paying yourself back thing...

@PhilipNowak 2 ай бұрын

Agreed. I kept thinking the same thing as I read Nelson Nash’s book and listen to many different KZbinrs about infinite banking. I’m not clear on when it actually makes sense to take money out. When the return is much greater than the interest rate paid back to the insurance company? For example, providing high interest hard money loans at full personal recourse?

@robertomanzueta 5 ай бұрын

retirement = future cashflow planning. thanks for putting it this way!

@pattikossoff4352 6 ай бұрын

I enjoyed listening and learning about possibilities that I may have not considered. There's so much to learn that enables us to think outside the box, we just need to change our mindset.

@robertomanzueta 5 ай бұрын

thank you for highlighting that with every investment there's people who make money and people who loose money

@dailstancill720 5 ай бұрын

Future cashflow planning is great description. Trademark it! 👍

@dailstancill720 5 ай бұрын

1:05. WL + investment (this is just speculation & @risk principal). Not sure why it's better than MPI or Max funded IUL. A LIRP is a one of kind for retirement income. Annuities are good for addressing longevity risk, but may negatively impact social security income optimization during retirement.

@peterolson5454 3 ай бұрын

Awesome content guys! Love the genuine hearts of service. Keep up the great work!

@BetterWealth 3 ай бұрын

Thank you for this comment!

@stevenhudson7591 6 ай бұрын

Dave ramsey gets a bad rap. He'll take you from poor to middle class. The only problem is while you'll probably "change your family tree" you'll probably stay there. Once you get to middle class that's when you need alternative investments to get you to the next level.

@ChadXYang 7 ай бұрын

Such as great Show guys! Lots of nuggets.

@maxroiinfinitebanking 6 ай бұрын

Thanks so much, @ChadXYang!

@BetterWealth 6 ай бұрын

Thanks for watching!

@dangalbraith6187 7 ай бұрын

I love your honesty

@maxroiinfinitebanking 6 ай бұрын

Thank you, @dangalbraith6187! That's the way it should be, right?

@alray39 2 ай бұрын

Excellent podcast

@BetterWealth 2 ай бұрын

Thank you!

@thehoopscoop 7 ай бұрын

Really good talk!

@maxroiinfinitebanking 6 ай бұрын

Thanks, @thehoopscoop!

@thehoopscoop 6 ай бұрын

@@maxroiinfinitebanking didn't realize you had a KZbin channel. Just subscribed and going through your videos there. 😁👍

@BetterWealth 6 ай бұрын

Thank you!

@maxroiinfinitebanking 6 ай бұрын

@@thehoopscoop, thank you!

@DallinBunnell 6 ай бұрын

I think you've brought up some great points here! I would give a little different perspective on "retirement savings " and the Dave Ramsey comments. The fact that people have had 40 years of 401ks and don't have much to show for it does NOT discredit the system, but rather proves Dave right that people are not saving. The folks with millions of dollars with enough to double their income in retirement used their 401ks to their advantage. Most people actually don't save money. Many callers on Dave's show are in a mess and need help out. If people actually saved 15% of their gross income for retirement, and invested it properly, they would most likely be able to spend more in retirement than before. If they save 25%, then they would likely get a raise by retiring. Income planning using retirement accounts vs real estate are both great options. One requires more personal involvement. Both have advantages and disadvantages.

@artventurespro 7 ай бұрын

Is it just me or is this a coincidence where the top Whole Life gurus goes by Chris - Miles, Naugles and Kirkpatrick ..the 3 Cs of IBC

@maxroiinfinitebanking 6 ай бұрын

I was born that way. But my whole name is Christopher 😉

@BetterWealth 6 ай бұрын

Might have to change my name 😜

@yvonnehyatt8353 2 ай бұрын

How does insurance on the properties work in over all investments.?

@ashleytaylor994 4 ай бұрын

Please talk about the risks of investing in rental properties

@mississippiapple1078 6 ай бұрын

Confusing. Into single fam housing?

@dailstancill720 5 ай бұрын

Real estate investments are not principal protected investments.

@jeffreymorris1543 2 ай бұрын

He says he gets royalties by investing in oil and gas drilling by using companies or land that he already knows has oil so it’s a safe investment. Any idea how he finds this land or those companies?

@cwall216 6 ай бұрын

It goes to show that the popular financial services doesn’t work.

@Bobventk 5 ай бұрын

5:45 I’m very skeptical. “He did all the right things, saved in his 401k, and would run out in five years.” Cmon bro cut the BS. Maybe if he was just sticking 3% of his income into the stable value fund. I’m trying to be 100% open minded, but having these weirdos on the show doesn’t help.

@maxroiinfinitebanking 4 ай бұрын

@Bobventk, that's what just ONE market drop can do to retirement accounts. And don't make light of my dad's situation. He didn't save his ass off for years, so you could criticize something he worked so hard to do, including paying off his house. It gets back to the same point that it's ALL about cash flow rather than saving in retirement accounts. Remember that this was in 2005. This would have been similar to someone today having about $600-700k+ in retirement accounts

@Bobventk 4 ай бұрын

@@maxroiinfinitebanking quiet down clown. acting offended that I “made fun of your dad” doesn’t mean what you spewed isn’t obviously mathematical blasphemy and a lie to sell junk.

@Bobventk 5 ай бұрын

19:45 my god man. The average of the sp500 is over 10. Why are we lying so much? 🚩 the WORST 30 year nominal return EVER was the 30 years starting in 1929…. The average return? 8.6% “Usually it’s around 7%” bro GTFOH 😂 🤥

@maxroiinfinitebanking 4 ай бұрын

@Bobventk, if you actually use the S&P 500 chart, you'll realize it's NOT 10%. I've been tracking it at least each quarter for YEARS, and the long term average is the highest it has been (roughly 8.4%). Even with reinvested dividends, it still doesn't hit 10%.

@Bobventk 4 ай бұрын

@@maxroiinfinitebanking 🤣 🤣 “I’ve been tracking it for YEARS” Bro you realize YOU don’t actually have to track it? We have the data going back to 1926. The average annual return with dividends included has been 10.4% before inflation. This is not opinion, it’s fact. Not up for debate. The data is literally out there for all to see.

@maxroiinfinitebanking 4 ай бұрын

@Bobventk that's average, not actual yield average. I used to share those same dumb ibbotsen charts as well. But the averages don't match the actual yields. That's why Dave Ramsey's dumb social media post about saving $100/month for 40 years should make everyone a Millionaire. There are A LOT of savers out there that aren't even close despite saving in equities. I've seen the overwhelming evidence over the last 22 years in the financial industry.

@Bobventk 4 ай бұрын

@@maxroiinfinitebanking “Actual yield average” “the averages don’t match the actual yields” 🤣 🤣 It is extremely obvious that you don’t know what you’re talking about when you use terms like “actual yield average” to describe the GEOMETRIC average (the actual term that real finance experts use to describe what you were talking about) LOL. I’ll help you out a little here, since you clearly need it. You’re arguing that the “average return” that one gets when one adds up all of the yearly returns, and divides by the number of years (us finance experts call this the ARITMETIC mean) is HIGHER than an investor realizes for herself over that period. AND YOU ARE CORRECT. This is because the down years skew the results downward (a 50% drop requires a 100% gain to break even). THIS is why, you’re correct, Dave Ramsey saying “the market has averaged 12%” is nonsense. But here’s the problem…. 10.4% is the GEOMETRIC mean (the ‘actual yield average’ as you called it). It IS the actual return of the S&P 500 since 1926 (the total US market did slightly better, and a portfolio with weightings tilted toward small cap/ value stocks did significantly better still). You can argue that one shouldn’t assume 10% moving forward out of the S&P 500 (and I would agree), but when you say (albeit with butchered terminology that real market experts don’t use) that 7% is the historical average annualized “actual yield” is, in fact, incorrect. I reiterate. This is not my opinion. It is 100% FACT. Period.

@Bobventk 4 ай бұрын

@yvonnehyatt8353 2 ай бұрын

Get them to lower their cost and you will bring them customers.