Myths, Mysteries & Misconceptions #22: Infinite Banking & Indexed Universal Life Insurance
Nope.
Just no.
Nelson didn’t own any or write any (and he came up with the whole idea of Infinite Banking!)
I personally don’t own any and I’ve never chosen to use it.
I’ve said it before: a Prius and a Peterbilt are both vehicles but, they are built for different purposes and therefore have different characteristics.
I don’t care how pretty a house is, if it’s built on sand instead of rock.
There’s more to this misleading idea than at “face value” (pun intended;)
Let’s clear this myth up!
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