SOLUTIONS for FINANCIAL WELLBEING -
Posts tagged Dividends
Life Insurance, an asset class for general public for your Portfolio.
Dec 16th
Watch this CNBC interview about how Life Insurance is a safe asset that should be considered for your portfolio. You can be sure of a beyond decent return.
It is now an asset class for the general public. It has always been for banks, corporations and college endowments.
6 reasons to add life insurance as one of your assets, according to the CNBC interview.
1. High Rates of Return.
2. Mortality is recession proof.
3.Tax Free Gains.
4. Not correlated to stock market
5. Can be used for Charity.
6. Safe bet long term investment with high interest rates, virtually no volatility and it has a lot of liquidity during your lifetime.
Whole Life Insurance is not bad if you understand how it works.
Why I offer Dividend Paying Mutual Whole Life and NOT Universal Life or Equity Indexed Universal Life for the best ‘living benefit’ asset?
Turn a depreciating asset into an appreciating asset.
Sep 21st
Turn a depreciating asset into an appreciating asset.
A simple and common car purchase example:
Car cost $25,000 – term 4 years – interest 7.87%
1) Finance car through bank or other lending institution;
After 4 years you have paid the bank $25,000 + $4,222 = $29,222.00 principal and interest.
Suppose depreciated value of car is now $9,000, subtract that from total cost and that means this transaction cost you $20,222.
2) Finance car through your own banking system.
