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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: https://betterwealth.com
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DISCLAIMER: https://bttr.ly/aapolicy
*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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