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Episode 142: Infinite Banking: Top 10 Reasons Why Whole Life Insurance Sucks! Part I
Manage episode 447244963 series 3308339
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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 episode, Dave and Paul discuss this info dilemma that most Americans find themselves facing. How do you resolve it? Who do you trust?
Additionally, the guys review a piece of “biased content” on whole life insurance and break down the POV of the author as well as the actual reality when it comes to IBC and whole life in general.
Episode Highlights:
0:00 - Introduction
0:53 - Episode beginning
2:01 - Whole life haters
3:47 - “Where do you get your advice?”
7:41 - “What are you an expert in?”
11:24 - #1 reason to not get whole life: “bad advice”
15:56 - #2 reason: “there’s a better use for your $”
19:32 - #3 reason: “life changes”
23:45 - #4 reason: “unnecessary insurance”
28:24 - #5 reason: “asset protection”
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:
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