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Expanding your Infinite Banking System
Description
Buying Term Life insurance rather than Whole Life insurance and then investing the difference of premium payments, became popularized financial advice in the 1970s and 1980s by AL Williams. Now today, 50 years later, this advice is still the cornerstone principal for many financial advisors including Dave Ramsey.
Is Buy Term and Invest the difference the best option now? Whole Life insurance policies available today are different than 50 years ago, the market is always changing, is it time to revisit buying term and investing the difference?
In this episode we compare buying term and investing the difference, vs buying high cash value designed whole life insurance. The results are pretty interesting. Listen and find out the details.
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