Question Everything
I took some form of a personality test many years ago and the results showed, among other things, that I am “a questioner.“That means that I have to know why and how things work. It used to get me into…
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Taxable vs. Tax-Free Buckets
Most people don’t realize this, but there are both 𝗧𝗔𝗫𝗔𝗕𝗟𝗘 and 𝗧𝗔𝗫-𝗙𝗥𝗘𝗘 buckets you can use to grow your wealth. Nearly everyone is familiar with the “taxable bucket.” If an investment is in a “taxable bucket” then that means that…
How Many Times Do You Lose When The Market Drops?
How many times do you lose in a down year when you have “managed funds” where you pay management fees. 🤔 In a down year your investment portfolio/retirement account loses money. So you lose once just from the market dropping.…
Is A 529 Plan The Best Way to Save For College?
AN ALTERNATIVE WAY TO SAVE FOR COLLEGE: Many years ago when my wife and I were looking to setup some college funding accounts for our children, we went to our CFP and were given a couple options. One of those…
Infinite Banking vs. Traditional Savings Accounts
Infinite Banking vs. Traditional Savings Accounts: There are a few problems saving and spending money with traditional savings or checking accounts that you don’t have with an Infinite Banking policy. INTEREST EARNINGS: When you’re setting thousands of dollars aside in…
Fees, The Silent Killer
“It’s just a 1 or 2% fee. It’s such a small amount.” That’s what most people are told and believe, but they don’t understand the effect of compounding negative returns and how it will affect your retirement. The truth is a…
Who Uses Infinite Banking?
When some of the most historically wealthy families like the the Morgans, the Stanleys, the Rothschilds, the Rockefellers, Ray Kroc, J.C. Penny, used the Infinite Banking as a wealth building vehicle, it’s time to pay attention and give it some…
