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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Thanks for the lecture on IUL (Index Universal Life) Insurance It is worth doing I love that Comment from : Jacky Anderson |
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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 |
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I'm assuming you always have to repay the loan? Comment from : Russ Tanner |
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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 |
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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 |
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Which IUL company do you recommend? Comment from : Embelemokua |
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900th Comment from : J babe |
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I can’t get a free book in Canada Comment from : Bemybest23 |
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Woooow…!!! Thank you so much sharing this 🇨🇦💰🥰 Comment from : Pinay in Canada 🍁 |
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Ok, and now the same for smart European people, please I need the translation of IUL etc Thanks Comment from : Alexander |
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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 |
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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 |
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Wish I knew this when I was younger! Comment from : CJ Lowe |
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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 |
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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 |
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so HOW do you pay that loan back if you never sell? Comment from : MESSY - AF |
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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 |
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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 |
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I’m still on Step One: have $1,000,000 Comment from : Scott Vriethoff |
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So your talking about borrowing from life insurancenot your bank Comment from : Dbossproductions Entertainment |
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Why wouldn’t one use a pledged assetbrloan instead? Comment from : Hawk Wd1 |
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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 |
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🤯 Comment from : Mark Townsend |
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Great information brother Comment from : dave tew |
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Hi After getting an IUL insurance how long do you have to wait to borrow money from the policy? Comment from : Solwellnesscoach |
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I love learning something new thank you for this video 😊 Comment from : Veronica Atkins |
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Wow! Comment from : Rendell Baldwin |
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So where do you find these iul's Comment from : Dale Higgins |
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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 |
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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 |
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this blew me away Comment from : Last Evolution |
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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 |
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So can you only borrow from the interest earned or can you borrow your principal too? Comment from : B Rad |
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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 |
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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 |
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Some great stuff! Love it Comment from : Luis Ramos |
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Love it , and the book is incredible Thanks Doug 👍 Comment from : Dashawn Hawthorne |
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