Why Whole Life Insurance is NOT an Investment | What Whole Life Insurance ACTUALLY Is
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Why Whole Life Insurance is NOT an Investment | What Whole Life Insurance ACTUALLY Is
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In this video, I set the record straight about whether dividend paying whole life insurance is an investment or not.
The simple answer is no, whole life insurance is not an investment.
It's definitely a superior alternative savings vehicle and an incredible way to save and store capital.
What it's not is some "secret underground income investment" like the author of the book that I mention describes it as.
While I love high cash value dividend paying whole life insurance, I don't like inaccurate and misleading representations that create unrealistic expectations about what whole life insurance is and what it can do for us.
Cash value whole life insurance is already amazing. No need to overhype it!
Hope it helps!
FREE Whole Life Insurance Mastery Course: 👉 Coming soon...
Millennial Wealth Creator Recommended Reading List: 👉 https://links.mwcresource.com/readinglist
Watch on YouTube:
👉 https://youtu.be/IVA06UH3GiQ
Main website: https://www.millennialwealthcreator.com
Disclaimer: Everything in this video is for educational purposes only and not meant to be financial, legal, or investment advice of any kind. Please speak with a licensed professional before making any decisions.