Mar 17, 2020
This week on The Prosperity
Podcast, Best-selling author Kim Butler and Spencer Shaw walk us through how to take
control of our finances with great strategy and expertise! This
week’s episode will help us navigate the overwhelming world of
dividend options as well as establishing misconceptions believed
about life insurance. Tune in today to increase your knowledge
on Prosperity Economics, financial thinking, and how to incorporate
these strategies in your life with The Prosperity Podcast!
Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it with an episode to follow!
Links and Resources from this Episode
- For resources and additional information on this episode, visit http://partners4prosperity.com/category/podcast
- To ask those difficult questions or have any curiosity on a subject, contact us by emailing hello@partnersforprosperity.com
- To learn more about Whole Life Course 101, visit this page to dive into the endless opportunities of knowledge https://partners4prosperity.com/wholelife101/
- To sign up for the Whole Life Course 101 visit this page to get registered here www.wholelifecourse.com
Show Notes
- 1:11—Let’s Dive In: What is the Best Dividend Option?
- 1:15—The Insurance Company Dividend
- 2:25—Dividend Election Much Like Reinvesting: “Sets a new floor for guaranteed cash value that will never go down again.”
- 2:54—"Since This Is a Common Belief, Is This Where We See Many People Staggering?”
- 3:08—The Staggering Fallacy in Confusion of Dividend Election
- 3:38—Cash Dividends Are Not Recommended
- 3:48—Policy and Profit: The Importance of Basis and Tax
- 4:44—The Long Term Side: Front-End and Back-End
- 5:00—Reduce Premium: A Strategy Recommended by Life Insurance Agents
- 5:30—"it is much better for you to be paying your own premium and let your dividends go to either cash or paid of additions than to reduce your premium”
- 5:46— A Necessary Evil: The Common Belief of Life Insurance
- 6:05—Truth Logics Calculated, “Numerically Proven and Socially Vetted”
- 7:00—Benefits of Dividends: Get a Variety of Term Insurance
- 7:30—Pros and Cons of Term Writers
- 8:20—Self-Education: The Newest and Hottest Business Model
- 8:43— "as a society of consumers we need to understand this product, because it is valuable to us.”
- 9:06—The Importance of Life Insurance Terms
- 9:25—Whole Life Academy 101 Available For All to Purchase
- 10:05—The Useful Tool of Legal Speak
- 11:13—Medium Term Policy: Premium Offset Versus Premium Reduce
- 11:38— “When a Premium is Being Paid, the Cash Value Rises”
- 12:05—Investment Income That is Greater Than Your Expenses: Payment Premium
- 12:30—Safety Net: Elect for Dividends to Repay Loan
- 13:30—The Value of Navigating the Dividend for Your Phase of Life
- 13:50—Jump into the Whole Life Course to Learn More and Download the Term List
- 14:40—Be Sure to Send in Those Difficult Questions Today to hello@partnersforprosperity.com
- 15:00—Thank You for Listening!
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