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Why Borrow My Own Money In An IUL Instead Of Withdrawing It?




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Title :  Why Borrow My Own Money In An IUL Instead Of Withdrawing It?
Lasting :   13.03
Date of publication :  
Views :   30 rb


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Comments Why Borrow My Own Money In An IUL Instead Of Withdrawing It?



Jacky Anderson
Thanks for the lecture on IUL (Index Universal Life) Insurance It is worth doing I love that
Comment from : Jacky Anderson


Splitz Fiftyfifty
Before you run to borrow any money from anywhere you're supposed to know that you going to multiply that money otherwise don't don't borrow any money
Comment from : Splitz Fiftyfifty


Russ Tanner
I'm assuming you always have to repay the loan?
Comment from : Russ Tanner


Russ Tanner
So do you always have to use the loan as an investment? So you could never borrow $50k to buy a car because it's not an investment?
Comment from : Russ Tanner


Luke
Great video! So what if he is charged 5 on the loan and the next year he earns 0? Does that mean he’s in a -5?
Comment from : Luke


Embelemokua
Which IUL company do you recommend?
Comment from : Embelemokua


J babe
900th
Comment from : J babe


Bemybest23
I can’t get a free book in Canada
Comment from : Bemybest23


Pinay in Canada 🍁
Woooow…!!! Thank you so much sharing this 🇨🇦💰🥰
Comment from : Pinay in Canada 🍁


Alexander
Ok, and now the same for smart European people, please I need the translation of IUL etc Thanks
Comment from : Alexander


Chip Sun
Thank you making money was tough, but keeping it is what matters I was confused on what to do next and this resolved the question that’s been bothering me for years
Comment from : Chip Sun


and then i said
OH! of course! so in essence: The original life insurance policy had a base plate of prefabulated amulite, surmounted by a malleable logarithmic casing in such a way that the two main spurving bearings were in a direct line with the panametric fan The latter consisted simply of six hydrocoptic marzlevanes, so fitted to the ambifacient lunar waneshaft that side fumbling was effectively prevented The main winding was of the normal lotus-o-deltoid type placed in panendermic semi-boloid slots in the stator, every seventh conductor being connected by a nonreversible tremmie pipe to the differential girdlespring on the "up" end of the grammeters
Comment from : and then i said


CJ Lowe
Wish I knew this when I was younger!
Comment from : CJ Lowe


The Gathering
I have a two million dollar IUL and I want to borrow 500,000 using my policy as collateral Do I need a large cash value to do this?
Comment from : The Gathering


Alice Bogosian
Why shouldn`t I go for a a VUL, which I can also invest in stocks, has lower fees Or why not just get the loan from my brokerage with my securities as collateral?brThe fees are significantly lower and interest rates on the loans are similar, and in some cases, lower with the broker
Comment from : Alice Bogosian


MESSY - AF
so HOW do you pay that loan back if you never sell?
Comment from : MESSY - AF


Golferiam
I found you over the weekend and have been watching some of your videos I ordered the book and am waiting for it to arrive But, I have four questions: 1 If I am indexing and take out a loan, what happens if the index return is less than the ignored fixed return? I understand that if the index is negative, it is zero, but let's say the fixed is 5 but the index only returns 3, how does that work? Is there an example explained in the book or in a video?; 2 During the 4 yr +1 day buildup period, are you allowed to "use" the funds you have already put into the policy? Can that money be used tax-free? Do I have to wait the full 4day + 1 day period?; 3 You talk about "clients" in your videos A client of what company? Do you have a company that manages clients who want to use the LASER FUND system?; 4 Is the interest simple or compounded by a period (day, month, quarter)? Thank you!
Comment from : Golferiam


Ruthanne Smith
This is just another way to create money "by decree" (fiat), which is ultimately creating money out of thin air The main problem is the immorality of creating fiat money Every new dollar (or incriment of currency) that is created, de-values the previously created dollar This is in reality de-valuing the labor of those who use that currency as payment for their labor It is hidden theft and it is immoral I would not want that Karma and others should consider this big picture effect as well The love of Money (fiat currency) is the root of ALL evil, which while some coveted after, they have erred, and pierced themselves (and their neighbors, friends and family) with many sorrows I am not a "Christian" but those words are still true Even though they are from the bible Truth Knowledge, Understanding and Wisdom can be found everywhere
Comment from : Ruthanne Smith


Scott Vriethoff
I’m still on Step One: have $1,000,000
Comment from : Scott Vriethoff


Dbossproductions Entertainment
So your talking about borrowing from life insurancenot your bank
Comment from : Dbossproductions Entertainment


Hawk Wd1
Why wouldn’t one use a pledged assetbrloan instead?
Comment from : Hawk Wd1


Bob Jones
The principal gaining 10 is great, but how would you pay the 5 loan interest that is charged, if you don't withdraw from the principal?
Comment from : Bob Jones


Mark Townsend
🤯
Comment from : Mark Townsend


dave tew
Great information brother
Comment from : dave tew


Solwellnesscoach
Hi After getting an IUL insurance how long do you have to wait to borrow money from the policy?
Comment from : Solwellnesscoach


Veronica Atkins
I love learning something new thank you for this video 😊
Comment from : Veronica Atkins


Rendell Baldwin
Wow!
Comment from : Rendell Baldwin


Dale Higgins
So where do you find these iul's
Comment from : Dale Higgins


The Adventures of Marquez Family
Great info I was about to withdraw money from my iul Good thing i saw this video and might consider borrowing money
Comment from : The Adventures of Marquez Family


jumping jellybeans
Whoa whoa whoa! If you take a 100k loan out from your life insurance and invest it in a business or stocks and make another 100k Why wouldn't you be taxed on your 100k profit?
Comment from : jumping jellybeans


Last Evolution
this blew me away
Comment from : Last Evolution


Jerry Setlerr
The borrower is the servant to the lender , I wouldn't barrrow 10 bucks if there wasn't a way to terminate it from my end one way or another
Comment from : Jerry Setlerr


B Rad
So can you only borrow from the interest earned or can you borrow your principal too?
Comment from : B Rad


Steve Raht
As an Agent You Sir are my Number #1 Mentor The knowledge that you are passing down has blessed me, my family and my clients Thank you!
Comment from : Steve Raht


pheotonia
I used to do this when I was a Federal worker with my 401K @ 15 I bought a car and went on a two week vacation to Belize!
Comment from : pheotonia


Luis Ramos
Some great stuff! Love it
Comment from : Luis Ramos


Dashawn Hawthorne
Love it , and the book is incredible Thanks Doug 👍
Comment from : Dashawn Hawthorne



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