“It is unethical to not use the money as part of your household… you use that money… part of your budget”
DR
Dave Ramsey
The Ramsey Show ·
“Use the policy as your safe base for your money and then use your investing, your business, your speculative stuff for the other side of your portfolio”
Entrepreneurs on Fire · How Successful Business Owners Can Become Their Own Source of Financing with Mark Willis
Play from 21:28
21:28
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What was described
Use a Bank on Yourself life-insurance policy as a safe base for money, then allocate speculative investments to a separate part of the portfolio
Said nearby on the same subject
“We put your 4 million into an income annuity… we put it into a life insurance policy, put the life insurance policy into an irrevocable life insurance trust… 12 million free of taxation to his children”
♫
Said on Entrepreneurs on Fire
“We manage multi-asset portfolios… strategic asset allocation of 30% currency hedged… based on a view that the Australian dollar is probably about fair value”
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Said on Equity Mates Investing Podcast
“When the market is down, we leave the diversified stock portfolio alone. We take your income out of your safe, protected accounts that have not lost any money.”
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Said on Retire Right Radio
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