View Post

PODCAST EPISODE 296 – Should I Buy Life Insurance for My Kids?

 WHAT WAS COVERED 0:12 – Episode starts. Life insurance basics and debunking financial celebrity misinformation. 4:31 – Life insurance for children and its emotional implications. 8:58 – Life insurance for parents and children. 13:27 – Juvenile life insurance and its benefits. 18:19 – Life insurance growth and tax benefits. 22:46 – Life insurance for children with cash value growth. …

View Post

PODCAST EPISODE 295 – The Three Stooges, Jimmy Carr, Whale Oil, and Playgirl…

 WHAT WAS COVERED 0:12 – Episode starts. Financial principles and industry change. 3:42 – Rapid industry change and market forces. 7:49 – Investing in a rapidly changing market. 12:02 – Financial scams and how to avoid them. 15:16 – Investment fraud and scams. 21:50 – Episode ends. [Tweet “DMing leads to a WhatsApp, which leads to a telegram, which …

View Post

PODCAST EPISODE 294 – Dave Ramsey Doesn’t Understand Life Insurance (Part 2)

 WHAT WAS COVERED 0:12 – Life insurance and investment strategies. 3:30 – Financial advice and misleading statements. 7:42 – Using whole life insurance for investment. 11:23 – Bank-owned life insurance and its implications. 15:11 – Dave Ramsey’s misinformation about whole life insurance. 20:50 – People need to know, so spread the word. [Tweet “Dave Ramsey is literally just making …

View Post

PODCAST EPISODE 293 – Dave Ramsey Doesn’t Understand Life Insurance (Part 1)

 WHAT WAS COVERED 0:12 – Episode starts. Yet another video by Dave Ramsey. 4:44 – Whole life insurance and cash value. 14:42 – Whole life insurance misinformation. 21:38 – Whole life insurance and its potential for growth. 25:54 – Dave Ramsey’s incorrect calculations. [Tweet “If somebody called our show, and was misinformed about something, I’m not going at them. …

View Post

PODCAST EPISODE 292 – How Much Insurance Should You Have? Auto, Home, Umbrella, Disability & Life

 WHAT WAS COVERED 0:12 – Episode Starts 2:53 – Insurance terms and misconceptions. 6:51 – Car insurance coverage options. 12:53 – Homeowners insurance coverage and valuation. 18:13 – Umbrella insurance and its importance. 24:24 – Disability insurance coverage and supplemental policies. 27:15 – Importance of understanding the language of insurance terms. 34:15 – How much is your life worth? …

View Post

PODCAST EPISODE 291 – Avoiding Investment Scams

 WHAT WAS COVERED 0:12 – Episode starts. 3:35 – Investment scams and how to identify them. 8:18 – Potential investment scams and red flags. 12:48 – Investment strategy and potential scams. 17:41 – Investment opportunity with unclear terms. 23:18 – Potential investment scam with multiple red flags. 28:43 – Investment scams and how to avoid them. [Tweet “Defrauded people …

View Post

PODCAST EPISODE 290 – How much do you need to retire?

 WHAT WAS COVERED 0:11 – Podcast begins. 0:20 – Financial independence and work-optional lifestyle. 1:41 – Assets, capital at work, and financial independence. (1:41) 5:40 – Retirement distribution strategies. (5:40) 9:35 – Retirement income calculation. (9:35) 13:11 – Retirement planning for high-income earners. (13:11) [Tweet “The word retirement wasn’t really used to apply to people in the United States, …

View Post

PODCAST EPISODE 289 – UPDATE: Jim Cramer’s 2023 Predictions

 WHAT WAS COVERED 0:11 – Podcast begins. 3:48 – Stock recommendations. (3:48) 7:55 – How much time should you put into your portfolio? (7:55) 15:39 – Airbnb continues to perform. (15:39) 18:52 – The problem with buying individual stocks. (18:52) 23:56 – Managing your money for retirement. (23:56) [Tweet “We have no evidence that you as an individual investor …

View Post

PODCAST EPISODE 288 – What do Michael Burry and THE GUY who called the 1929 crash have in common?

 WHAT WAS COVERED 00:12 – Introduction of the episode.  4:51 – America is bailing out on homeowners insurance.  12:43 – An example of how insurance unlocks wealth.  16:31 – How to predict a market crash?  22:30 – The problem with predicting the market.  [Tweet “All you do is tell everybody, the stock market’s going to crash. And it needs …

View Post

PODCAST EPISODE 287 Young + 401(k) = IRS Wins

 WHAT WAS COVERED 0:12 – Introduction to this episode. 1:15 – The government has increased regulation around retirement plans 3:35 – Retirement account as a tax-deductible 5:01 – What a retirement account actually costs you 7:57 – What the IRS does is absolute robbery 18:14 – You will most likely retire in a higher tax bracket 21:41 – The …