Fun fact, if you were to use the word PREMIUM today in a sentence, it would mean to everyone who heard it “of excellent quality”. Premium tires, premium gas, premium saltine crackers. However 100 years ago the word premium was understood very differently. Premium is derived from a Latin word that meant reward or prize….
This may be an odd quote to choose to open up with for discussion of a beneficiary… “I had an inheritance from my father, It was the moon and the sun. And though I roam all over the world, The spending of it’s never done.” Ernest Hemingway, For Whom the Bell Tolls A famous wartime…
Anne: Honey, mommy ran out of wipes while changing a diaper. Can you be my helper and grab some for me? Younger Son: I like swords! Anne: I can’t wipe baby’s butt with a sword. Please get me wipes? YS: A hammer? Anne: No, thats not the right tool for this. I need wipes. Please…
Younger Son: That?!?! Me: Thats a goat. YS: Alive??? Me: Yes. Its alive. The farmer takes good care of it. YS whispers loudly: Forever Me: Well… for a long long time, yes. Thats his goat. He loves his goat. Son meeting a goat for the first time Life insurance is a powerful tool that provides…
Carlo: I’m going to buy a boat. Anne: Why in the world do you want to buy a boat? Carlo: The way we’ve set up our life insurance policies, we will retire with quite a bit of retirement income. SO, we should retire on a boat, live off our policies income, and sail the world!…
Net Wealth Finance is the term we came up with to describe funding cash value life insurance to build long term wealth. There are many other names for this. The most common name is the “Infinite Banking Concept.” There are many reasons why we prefer the term Net Wealth Finance, which we will save for…
If you are not paying attention to the Silicon Valley Bank collapse, you should be. This applies even if you are not a technologist or financial fanatic like myself. This post is intended to walk through how this collapse could have rippling effects across every business sector and how people might mitigate damage and capitalize…
