Life Insurance is Safer than Stocks

How Life Insurance (a very specific type) can be Safer, More Liquid and have a Higher Rate of Return than other investments. Try Missed Fortune, Equity Index Universal Life, www.CSPFinancialGroup.us

Category:

Howto & Style

Tags:

• life
• insurance
• whole
• term
• wall
• street
• bailout
• missed
• fortune
• douglas
• andrews
• cspfg

[ReasonableNotion]

@Termisexpensive "Up to the company match," well thank you Captain Obvious! I didn't think that such an elementary detail would need to be spelled out, next time I will choose my words more carefully for "geniuses" like yourself.

[Termisexpensive]

If you believe tax rates are going up why would you ever put money into something tax deferred? I'd rather pay the tax on the "seed" than the "harvest" - do you want your money to be 1. 100% taxable 2. Sometime taxable or 3. Tax Free - I'm betting most picked #3 - if I could show you how to do that would that be of interest to you? Who would say no to that!!! And there are strategies to do this, just stop listening to the Gov't telling you where to put your money!!! 401k/IRA's are a scam

[Termisexpensive]

@ReasonableNotion Are you an idiot? Why should anyone max their 401K? Don't you realize the 401k is a complete ripoff after the company match!!! 30-40% of all the money is for the IRS!! You invest $5k for 10 years at 6% you have about $69k, at a 30% tax bracket you have $48.3k left, you spent all the money, took all the risk and are left with less - And God forbid tax rates go up!!!! Moron!!!

[ReasonableNotion]

For the right individual, permanent insurance is not a bad option. A person that has a high income, has maxed both their 401k and IRA and needs an additional avenue to stash funds tax deferred this is a great option. it might also be beneficial for someone with no 401k being that it can be switched to an annuity in later years.

[Jeffreyckcheah]

the most absurd thing, it is so stupid.

[grm46032]

@orlandoa54.

How is a 30% Market downturn a great solution.

Lets assume a $100,000 Balance. With that downturn the balance is $70,000 and the broker still gets paid to lose money.

For a 5% "charge to borrow money" like you mention, for me to take $30,000 from the client they would have $600,000.

Seems like the first option has a high fee to me, since the client didn't cash out on the loss.

[grm46032]

I have No Problem with anyone Buying term and investing the difference. In fact, with any of my clients, none of them lost a dime in the past 10yr. With the Power of zero protecting their losses along with market upticks adding to their retirement nestegg. Seem that orlandoa54 may not know me personally or any of my planning practices.

You see, there is NO Smoking gun when it comes to planning. There are proper safeguards that anyone can put in place to insure that there is enough to retire on.

[orlandoa54]

@grm46032 Scum bag ripping people with your trash value life insurance. you guys keep people initial deposits, guy selling your product are not even securities licensed. you have to pay 3-8% to borrow your own money. you deffer peoples saving for 6month if they need the money. you guys are low interest, and you only pay out the death benefit or the cash value not both.

[probslpwtyormama]

@BSIRCF2000 you are a joke.

[GuitarOwl]

@probslpwtyormama Actually mike never said that. He said about 2% pays out and that is true. It's around those numbers.