Category Archives: INSURANCE AS AN ASSET

Are You Too Old for Life Insurance?

 “Old age isn’t so bad when you consider the alternative.” – Maurice Chevalier Recently, a Partners4Prosperity reader asked, “How well do ‘income for life’ type programs work for people within 5 years of retirement? Are these programs more for younger … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, LIFE SETTLEMENTS, PERSONAL FINANCES, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , , | Leave a comment

Borrowing Against Life Insurance: The Pros and Cons

“A bank is a place that will lend you money if you can prove that you don’t need it.”  Bob Hope Two weeks ago we asked the question, “Should you borrow against your life insurance policy?” Today, we continue the … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, PERSONAL FINANCES, WHOLE LIFE INSURANCE | Tagged , , , , | Leave a comment

Should You Borrow Against Your Life Insurance Policy?

“Most people do not become rich because they fear the power of leverage.” -Robert Kiyosaki One of the advantages of a Whole Life Insurance policy is the ability to borrow against your cash value, though the concept is widely misunderstood, … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, PERSONAL FINANCES, WHOLE LIFE INSURANCE | Tagged , , , , , | Leave a comment

How Safe is Your Money? FDIC Insurance and Fractional Reserve Banking

“You’re thinking of this place all wrong… as if I had the money back in a safe. The money’s not here. Your money’s in Joe’s house…right next to yours. And in the Kennedy house, and Mrs. Macklin’s house, and a … Continue reading

Posted in INSURANCE AS AN ASSET, PERSONAL FINANCES, PROSPERITY ECONOMICS, SAVING MONEY, WHOLE LIFE INSURANCE | Tagged , , , , , , , , | 2 Comments

Saving Right: Is Your Emergency Fund Prepared for Opportunities?

“The secret of success in life is for a man to be ready for his opportunity when it comes.” -Benjamin Disraeli The Best Way to Save Money Only three years before the Great Depression started with the stock market crash … Continue reading

Posted in ENTREPRENEURSHIP, FINANCE TIPS, INSURANCE AS AN ASSET, PERSONAL FINANCES, Principle #5: CONTROL, PROSPERITY ECONOMICS, SAVING MONEY, WEALTH-BUILDING, WHOLE LIFE INSURANCE | Tagged , | 3 Comments

Alternative Investments: If Not the Stock Market, then What?

“The individual investor should act consistently as an investor and not as a speculator.” -Benjamin Graham As we saw in our last post, the truth about the stock market has been obscured for too long. Mutual funds and stocks, the … Continue reading

Posted in 401K's & IRA's, ALTERNATIVE INVESTMENTS, BRIDGE LOAN INVESTMENTS, INSURANCE AS AN ASSET, INVESTING ADVICE, LIFE SETTLEMENTS, REAL ESTATE, WEALTH-BUILDING | Tagged , | 2 Comments

Life Insurance as an Asset: Collateral Assignment

A true story, which occurred more than a century ago: John C. Burchard was the owner of a life insurance policy on himself. Burchard had made two premium payments on the policy, but was under financial duress and currently late … Continue reading

Posted in INSURANCE AS AN ASSET, PERSONAL FINANCES | Leave a comment