√ A review of two basic types of insurance: Term & Permanent.
√ Is whole life insurance a rip-off?
√ Should you invest the difference between whole life and term? Is there a difference worth investing? What factors into that difference?
√ Who would put whole life insurance in the same breath as “wealth-building tool?” Wait…what?
√ The Term insurance I like? Convertible Term.
√ Is it possible to lose money on a positive average rate of return?
√ Don’t blow off the money superpowers (compounding, velocity, and volume) when it comes to any kind of investing or money management!
Recommended reading:
Prescription For Wealth, by Dr. Tom McFie
Becoming Your Own Banker, by Nelson Nash
CashFLOW Revolution, by MJ Wilson
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Music credits:
Revolution by The Score
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Copyright © 2022 MJ Wilson, NYK Consulting LLC. All Rights Reserved. No portion of this podcast may be reproduced without written permission from MJ Wilson or NYK Consulting LLC
