This LMR article was written in May 2013 and describes several relevant topics such as the Stock Market, Financial Institutions and more importantly, Bonds. While the average American does not actually understand how the Stock Market works, they know even less regarding the Bond markets and their importance in the United States. This narrative will explain and help you to understand all the necessary “Nuts and Bolts.”
When exploring Infinite Banking Concept (IBC) policies, you’ll likely encounter the term Modified Endowment Contract or MEC. This blog will help you understand what MECs are, how they are created, and how they are treated.
What’s in a word? Actually, a great deal. When it comes to the word “Liberal” or the word “Libertarian,” it can be like opening Pandora’s box. For this reason, I am going to try to decipher and separate some of the widespread misunderstandings about these two political philosophies. At the same time, I hope to end up explaining the relevancy of Austrian Economics in relation to these two philosophical views, and especially the Austrian Business Cycle Theory (ABCT), in simple to understand language.
If you and I were to get really honest with each other we would mostly likely agree that our main concern with regards to what we are experiencing in our political and economic affairs these days can be summed up in our knowing what effect all this will have on our ability to “make a living.”
When it comes to financial security and peace of mind, whole life insurance is always at the top of the list. While many people are aware of the primary benefits of whole life insurance — increasing cash value and permanent coverage —fewer understand the true potential that lies in the dividend options that come with these policies. If you currently have a whole life insurance policy, or you’re considering one, it’s crucial to know how you can maximize the advantages of your dividends.
If you’re interested in Infinite Banking Concept (IBC) policies, understanding the paid-up additions (PUA) feature is crucial. It’s one of the most compelling aspects driving cash value growth and overall policy performance. However, keep in mind that different insurance companies handle PUAs uniquely, which means it’s essential to evaluate your options carefully.
Life insurance loans offer a flexible solution for cash flow situations that may arise out of emergencies or to take advantage of business opportunities.
“Money is such a routine part of everyday living that its existence and acceptance ordinarily are taken for granted. A user may sense that money must come into being either automatically as a result of economic activity or as an outgrowth of some government operation.
But just how this happens all too often remains a mystery.” –Federal Reserve Bank of Chicago, Publication 1994
There are only two sources of income – people at work and money at work.” If you have the ability to do so, you should strongly consider investing your money in cash flow opportunities that would eventually exceed your annual expenses. If you don’t have the knowledge or ability in that opportunity, don’t take it.
Conventional “Retirement Planning” is Code for Gambling. The core of ordinary financial planning is rotten and no one
wants to talk about it.
