So would you rather put your money in the bank or put your money where the bank does?
So where does the bank reinvest its assets? It’s simple. Google it: Bank-owned life insurance. What is a bank’s Tier 1 Capital? What’s the core measure of a bank’s strength? Major banks’ balance sheets are all public information. Google to your researching heart’s content. Go ahead, read it for yourself.
Banks own life insurance by the billions. How does that work? Go ahead… Google away. I’ll give you 5 minutes… And another 5 minutes to come to. Don’t worry. Mama will be right here to catch you.
WTF? I know, I know. That was my honest reaction to the truth, too! And honestly, that shocker couldn’t be any more fitting for this sudden celebration of life (insurance).
So why was the FDIC created? Oh, because thousands of banks have failed in the past. What’s the history of the FDIC? Go on… Google it.
What sector in the economy stayed strong and continued to pay profits to policy holders during the Great Depression? Go for it… Google away. Yes, life insurance. Ain’t that some… thing else.
Now you know why I’m so excited about life (insurance)! We’ve had it all twisted with the banks and life insurance. Let’s continue to untwist the myths because the truth is: life insurance is very safe, so long as purchased from an insurance provider with strong financial stability and designed properly. (This is where mama comes in again to help you…)
And this is only part of the excitement as we examine the history of life insurance and some of the facts. It’s been so exciting to learn about how powerful life insurance is, how its contributed to the success of many multi-millionaires and billionaires, what its personally done for my family, and what it’s continuing to do for me with building tax-sheltered wealth.
So yes, as much as I’m banking on life insurance, I’m also banking on me. I’m capitalizing on my life, “youth” and “Preferred Elite” health.
Now you know one of the biggest and best ways the rich keep getting richer: life insurance. Do the rich necessarily need life insurance? No bro, they’re rich! But why not be richer by leaving a legacy and outsmarting taxes for yourself and your enjoyment while you’re alive?
Life insurance has given me that many more reasons to be living longer, healthier and wealthier. The healthier I am, the longer I live, the more money I can make. It’s a win-win-win, and this is why I’m banking on life insurance. Google it.
© 2019-2020 by Uyen Nguyen