Why Millionaires Are Buying Life Insurance MORE Than EVER

Why Millionaires Are Buying Life Insurance MORE Than EVER - Interview With Douglas Andrew

Рет қаралды 151,855

Күн бұрын

In this interview Douglas Andrew breaks down the financial strategy that nobody talks about, how to build a solid financial home, and how to pass down generational wealth.
#7FigureSquad
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Suggested Videos:
How to Use Life Insurance in a Recession to Protect Your Money | Douglas Andrew LASER Fund
• How to Use Life Insura...
How the Rich Get Richer Using Life Insurance ft. Douglas Andrew
• How the Rich Get Riche...
++++++++++++++++++++++++++++++++++++++++++++++++++
Matt Sapaula, is a former United States Marine turned veteran entrepreneur.
Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game.
Share in his journey to gain financial control over daily money matters and live your desired lifestyle.
Find Matt Sapaula here too:
www.moneysmartguy.com
/ mattsapaula
/ moneysmartguy
/ moneysmartguy
/ moneysmartguymattsapaula
MATT SAPAULA KZfaq CHANNEL DISCLAIMER: Matt Sapaula is not a registered investment advisor for the offering or sale of securities nor to provide investment advice. Matt only deals in securities subject to an exemption from registration and will only provide investment services to accredited investors as defined by the Illinois Securities Act of 1953.

Пікірлер: 472

@01leilau Жыл бұрын

This is by far one of my favorite interviews with Doug Andrew. The way he thoroughly explains the performance of a properly structured IUL is simply excellent. The rate of return is hands down the best and safest when it comes to doubling your money. As he states it will knock the socks off of a traditional retirement plan. Thanks for sharing this knowledge coach…awesome interview.

@bebieamit3951 3 жыл бұрын

Wow! Well said and done. This is what we've done since the beginning. Love our company for teaching us the great strategy. " Don't follow the herd" ❤

@danhernandez8163 3 жыл бұрын

Man, awesome interview! Getting his training LIVE in person was awesome as well! Thank you for this 🙏

@Riggsnic_co 7 ай бұрын

Well, i do have my reservations about the economic crisis. Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $650K portfolio is down by approximately 20%, any recommendations to scale up my ROI before retirement will be highly appreciated.

@usieey 7 ай бұрын

It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.

@maga_zineng7810 7 ай бұрын

Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.

@Mohaimam316 7 ай бұрын

Please how do I connect to her? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.

@maga_zineng7810 7 ай бұрын

Personally, I can connect to that. When I began working with " Natalie Lynn Fisk" a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.

@Mohaimam316 7 ай бұрын

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks

@andrewdelgado9815 3 жыл бұрын

Incredible interview! Thank you both for your wisdom.

@laportafrank Жыл бұрын

Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.

@sherryie2 Жыл бұрын

When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.

@rickertcoles Жыл бұрын

@@sherryie2 That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.

@flemmingbrooke Жыл бұрын

@@rickertcoles Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.

@rickertcoles Жыл бұрын

@@flemmingbrooke My advisor is the quite famous NICOLE DESIREE SIMON She has been making a fortune online worth millions of dollars in digital assets for a select few for years. Lately, these types of services have appeared that allow you to copy the results of the experts. She demonstrates how to copy it automatically using that system.

@flemmingbrooke Жыл бұрын

@@rickertcoles Thanks for the info, i found her website and sent a message hopefully she replies soon.

@theinfo111 3 жыл бұрын

One of the best videos I've seen. The knowledge and wisdom!

@fcq739 3 жыл бұрын

This is an amazing strategy which I am part of the company. I love it when he said "don't follow the herd". Yup, we have this strategy in Canada. Great future ahead!

@GioDCruz 3 жыл бұрын

This is incredible! I'm glad I found this channel

@melvinsotto496 3 жыл бұрын

I am so grateful and blessed that I know this kind of strategy and I have an ability to educate more people here in Canada. Amazing plan and amazing business opportunity.

@geelugbs8791 3 жыл бұрын

@7 Figure Squad please stop impersonating and trying to fraud people. Stop!

@ryansterling8074 3 жыл бұрын

The most important interview in life thank you so much respect

@pascuapao 3 жыл бұрын

This video is very inspirational, especially when I'm starting out in this industry. I hope I can be as charming and convincing as Doug Andrew in the future.

@chandiggy 10 ай бұрын

Awesome explanation. Awesome interview. And, Doug and Matt are awesome. This is my first time hearing of both of them and this has to be the best explanation of insurance, retirement, investment, and taxes associates with them. Thank you!

@lizharaldmarketing 3 жыл бұрын

my daughter started it when she was only 16 years old. Thank you Doug for sharing this.

@7FigureSquad 3 жыл бұрын

Amen to that ... pack it full of cash and give the policy a chance to compound!

@moneymaverickstv 3 жыл бұрын

Great interview. Lots to learn. Implement. Keep going everyone.

@antwionecobb2792 3 жыл бұрын

WOW. I love the Jordan shoes in this video. It's a real person to person connection vs a millionaire sharing information.

@josephjames2599 2 жыл бұрын

One of the best interviews I’ve seen! Awesome job Matt and Andrew 🔥🙌🏽

@amenuf Жыл бұрын

!+!+

@theluckshow9617 3 жыл бұрын

I’m a new agent for New York Life and Doug has changed my perspective on so much. Thank you

@lionofthewest5998 3 жыл бұрын

Makes a big difference if done well!

@brysonsingley2791 3 жыл бұрын

Do you make as much as they say

@theluckshow9617 3 жыл бұрын

🙂

@Hi-jx5oe 3 жыл бұрын

Is this a good insurance to use?

@Hi-jx5oe 3 жыл бұрын

do you all offer Term with return of premium?

@markcassara 3 жыл бұрын

Coach, this video is so NEXT LEVEL @Valuetainment style.... I cant wait till you hit 1 MILLI subs!

@keithshowell6688 2 жыл бұрын

Why is it that Douglas Andrews always makes me think he's the Zig Ziglar of insurance and Matt makes me think he's the Tony Robbins of the industry. Always enlightening, Glad you mentioned former Raven Brendon Ayanbadejo. He is one of the smartest athletes I have ever encountered! I love the 7 Figure Squad channel. Thank You!

@mattarmstrong1581 2 жыл бұрын

One of the best videos I have seen! Thank you

@skylerstewart 3 жыл бұрын

Right, think of the Talents parable. He gave according to their ability and rewarded them based on their effort and performance in blessings and authority.

@kevsnoop81 2 жыл бұрын

This is great! Very informative and I've sold life insurance in the past lol. I wasn't familiar with this type of policy tho. I'm definitely going to be looking into one going forward.

@joshuwariusthe1st612 2 жыл бұрын

I know, same here! This video will make me tell everyone! I might as well get l9censed again. Truly never heard of something like this. It's not even a thought for me. This is a SOLID way to go.

@doreenwhyte2230 3 жыл бұрын

Thank you Matthew and Dough. I love the messages you ga ve

@enmanuelulloa2394 2 жыл бұрын

After the minute 35 of this video it became priceless.... pure gold.

@kylepanesar 3 жыл бұрын

Awesome interview. Love it. Thx

@justinmanning 3 жыл бұрын

Thank you, Matthew and Douglas.

@7FigureSquad 3 жыл бұрын

You’re welcome Justin ... thx for your message!

@TheColcols 3 жыл бұрын

Yes, the future is bright ! glad I started early and learned this product at age 25 ❤️❤️❤️

@niecyh2313 3 жыл бұрын

Once the dollar is non existent your life insurance won’t even exist!!! You better wake up!!!

@donnawashington3696 3 жыл бұрын

What you weren’t SHOWN is that you’re at risk of having NO insurance and NO CASH VALUE when you may need it most. Your were just TOLD about the good stuff

@willc4508 3 жыл бұрын

@@donnawashington3696 at what point does that happen?

@donnawashington3696 3 жыл бұрын

@@willc4508 its happens when closer to your retirement ages. There’s a chart in all policies that have a cost of insurance table and a cash value table. The cost of insurance numbers continues to rise and the cash value table continues to decrease. Then you will see 0’s. Do you think we should be saving more or less the older we get?

@willc4508 3 жыл бұрын

@@donnawashington3696 that can only happen if you stop paying your policy, and you use up the cash value as well because it doesn't disappear on its own. That would totally be the individuals fault and not the policy. Also he talked about being self insured at some point, which is option A in a IUL policy after you have max funded the policy. It's just like anything else, get educated on it before you dive in.

@davidcasalaspro77 3 жыл бұрын

O so want to meet Doug someday here in Utah! he is Awesome! Great Interview Matt Thanks!!!

@santomenon3689 3 жыл бұрын

Fabulous is the WORD to put it simply !!!

@biznezzacademy 3 жыл бұрын

I absolutely love this guy!!

@lindarubio3374 Жыл бұрын

Great information. I help all my clients with these kind of plans. Love universal indexed products

@thebusinesshour1733 3 жыл бұрын

Mr. Andrew you are the man Sir!! #Salute

@throughfailureandsuccess 2 жыл бұрын

Great information. I love the fact that you provide the value as our culture is not well educated on how does life insurance works

@7FigureSquad 2 жыл бұрын

We’re here to crack the code and break down barriers my friend. We all need to get access to this info…thank God for YT

@throughfailureandsuccess 2 жыл бұрын

@@7FigureSquad 🙏🏼🙏🏼Semper Fi

@Ionic_Projection 3 жыл бұрын

The philosophy Doug said at the end of the video has earned my wholesome respect. Brilliant Doug. Brilliant.

@Ionic_Projection 3 жыл бұрын

@@tommymodec Links or didn't happen

@Jov5359 3 жыл бұрын

Very powerful message!!

@daniellesimpson3878 4 ай бұрын

This was an incredible interview. I follow both of you guys I almost did the maximum funded IUL with Doug but pulled out. I wished I did perused it because I could’ve received a lot of gains to date.

@yegionminch 2 жыл бұрын

thank you Douglas, Great interview with most Important Issues.

@7FigureSquad 2 жыл бұрын

Much 💚

@factshurt5362 3 жыл бұрын

Been watching Doug for a few years now. I have an UIL and I’m confident I made the right choice. Thanks for the video guys

@teeybannister 3 жыл бұрын

What company did you get the UIL through? I need to get mine asap

@2TimeTony 3 жыл бұрын

How does he structure these universal life contracts with the level death benefit versus increasing death benefit? Is it always level or does it depend on the situation

@CapitalG222 3 жыл бұрын

Thanks for this

@CoachClaribelOrtiz Жыл бұрын

Eat opening wisdom! Thanks you both! 🤯

@khalilantonio6281 10 ай бұрын

I love this man Doug Andrew .. he changed my life on many levels … I’ve received so much backlash and MIs information about insurance … but no one can never give an alternative…. To owning an IUL…. I’m so glad I started mine … most Americans are so MIs informed and scared to do research .. its easier to be the herd that is stampeding only to be running .. but no real purpose or target

@wattstrepreneur5813 3 жыл бұрын

Thank you for this video. I'm getting this in daily. I follow Douglas. I would love to learn more from him. I have one of his books. A video with "0" dislikes :). Key takeaways: life insurance is the best generational wealth transfer vehicles. Universal life can give an increase during the good times and you will never lose during the bad times. Double wins. Thank you so much.

@7FigureSquad 3 жыл бұрын

What’s up Watts ... life insurance is quite the basis to build one’s financial home on. Glad you’re learning this stuff now 🤜🤛

@hughesmortgage9926 2 жыл бұрын

Loved it!

@OYEMWIMINA Жыл бұрын

Solid interview. I may need to change the industry I work in.

@juanmonsalve8083 3 жыл бұрын

Wow great knowledge here

@SlickDanger 3 жыл бұрын

Great video. Good key points. Keywords: "Max funded". Most of his concepts don't apply to most people.

@willc4508 3 жыл бұрын

He deals with a lot of rich people but you can still max fund at any level. If you have a 100k policy, max fund it which is just the max amount they will let you put in it every year for the first 5-7 years.

@soopastar2121 Жыл бұрын

"There’s nothing more unequal than the equal distribution to unequals"🎯 WWWWOOOOOOOOWWWWW!!!!! 💎💎💎

@Nfinety8 Жыл бұрын

This video has a time share vibe.

@MichelleNgome 3 жыл бұрын

This is crazy. Yesterday a financial advisor spoke to me about this product and now this video popped up. I use to work in finance so I'm always skeptical about advisors pushing products without truly inquiring about my lifestyle. Reading these comments are interesting as well.

@earlharden175 3 жыл бұрын

I'm a broker. I have 5 of these products, they are amazing. He's speaking the truth. Constitutional tax laws support this.

@kenechine6041 Жыл бұрын

@@earlharden175 Would you mind educating me as a practicing professional?

@earlharden175 Жыл бұрын

@@kenechine6041 sure thing feel free to shoot me message here or on fb or Instagram

@salusa_secundus 3 жыл бұрын

There may not be charges as far as ongoing management fees but IUL may be capped or your not getting the full return of the index being followed. That gain that they didn’t get to participate in due to the product cap is more expensive in the long run. This could easily average 5% per year. That 5% that you didn’t earn is pocketed by the insurance company.

@earlharden175 3 жыл бұрын

Not at all. I have an uncapped I UL I did 30% last year. My capped IUL did 15%

@yrre7 3 жыл бұрын

@@earlharden175 which insurance company gives you uncapped IUL?

@earlharden175 3 жыл бұрын

@@yrre7 Minnesota life

@tbomb887 3 жыл бұрын

@@yrre7 several do. Its all about your index strategy.

@ampropmanservices 3 жыл бұрын

This is so interesting

@johnnyjeter4065 3 жыл бұрын

He taught me something he knows

@jonathanstepter9730 3 жыл бұрын

That was great💯

@albertlugassy3610 2 жыл бұрын

Thanks Doug

@IsmaelDiazIAGoupeFinancier 3 жыл бұрын

Love it !!!

@marlonberrouet9690 3 жыл бұрын

Good job Matt/ Doug

@jerrellwilson7656 3 жыл бұрын

Thanks for the jewels 🤞🏿🤞🏿 oh yeah 😎 nice jordan 11s jubilee

@ashleynichols5028 2 жыл бұрын

Can you please add a visual one of your videos so we can see how your cash value doesnt get eaten as you get older due to the rising cost of the insurance? How much would you have to fund this for that not to occur?

@BLoveMOA Жыл бұрын

Damn. I was living in Louisville Kentucky at the time this was filmed and I missed all of this great knowledge! 😢

@TS-es5xu 3 жыл бұрын

what if the dollar collapses what happens to your savings in this insurance account? isnt it also denominated in USD? Does Canada have this life insurance?

@preciousangelicaflores9770 3 жыл бұрын

Yes we have it also here in Canada! I’m a Financial Advisor and we are offering the same thing! If you want to learn more I can explain it to you in 30 minutes!

@tjsylla Жыл бұрын

Great interview! Also this guy has a great voice.. should get into narrating audio books..

@bigtopvoice2197 3 жыл бұрын

I needed this!

@geelugbs8791 3 жыл бұрын

Pls be careful of this fraud here parading himself as the author of this page. DO NOT CALL NOR CONTACT ANYONE HE MENTIONED HERE.

@geelugbs8791 3 жыл бұрын

@7 Figure Squad stop impersonating

@kuturelife127 3 жыл бұрын

This was great

@Mmmmmaros 3 жыл бұрын

May I ask: if the money your clients invest through your Insurance is not exposed to any risk, into what assets is it invested then?

@7FigureSquad 3 жыл бұрын

Risk is taken on directly (not policy holder) by the investment grade bond portfolio of the insurance company + options of a particular index.

@PastorScottHinton Жыл бұрын

This is a blessing

@bassoonatlarge9752 5 ай бұрын

sometimes when I'm feeling down in the grind I come watch this video again... especially 29:00 -

@cho53n1ma 3 жыл бұрын

Love the suit on Jordans!

@jessebahun8769 3 жыл бұрын

has anyone needed to change their monthly contribution to this policy before? Due to an unforeseen circumstance I would need to decrease the amount i contributing per month. How has this worked? Does it hurt the policy overall growth at all by doing this?

@moysesgonzalez8871 3 жыл бұрын

Yes if you change your monthly contribution to less amount, the cost of insurance will outgrow the premium and take out of cash value to cover fees and such.

@babyboy1971 3 жыл бұрын

I am considering getting my life insurance and p&c license together, and having both. Is that a potent combo? Also, love this channel!

@nickgeorgiou7770 3 жыл бұрын

Definitely is. Homeowners need LI. Good luck

@paolocastellanos4045 Жыл бұрын

Hey Donavan, 👋 Have you gotten your life license yet??

@Savannah-ed4rv 3 жыл бұрын

So, the minimum payment is $500? Is is possible to buy a smaller policy? Also, is it like whole life where you can take loans and still make interest in the cash value, or is this mainly for retirement income? Thanks, and it sounds better than I had heard about before :)

@afuayodah8434 2 жыл бұрын

No Savannah, your premium is dependent on what you policy is. You can absolutely buy a smaller policy. I am a licensed agent and can help you through it.

@luxe4744 2 жыл бұрын

What's a good reputable company(s) to purchase life and wholelife insurance???

@nerissadones7581 3 жыл бұрын

Truly amazing product... that's what we offer to people!

@nerissadones7581 3 жыл бұрын

Thank you matthew and douglas! you guys keep me fired up to continue doing what I'm doing now, this is our our companies vision... to Educate more people about this strategy. God Bless you more.

@bcip4076 3 жыл бұрын

Awesome Interview

@7FigureSquad 3 жыл бұрын

Many thx Beryl! Please share, if you can, with those that may benefit.

@bcip4076 3 жыл бұрын

Shared a lot already CDO. I'm learning so much. This video encouraged me to stick with it and learn and grow. To restart, no matter what Great perspective.

@adelinasales4966 3 жыл бұрын

I am an insurance agent but is not as active and I’ve insured my son and family members too including myself. However my son doesn’t believe in what I do. Now he is with a trading coach and bitcoin. He said he wants to be a realtor too like his coach. What strategy should I use to enlighten his mind. Do appreciate your advice. More Power to you. God bless

@danielromero5424 Жыл бұрын

not everyone will support your journey. He most likely is into the other things because he has seen what they do. You need to show him what you can do or what life insurance can do. And even then, not everyone comes around. Remember what Doug said, the best pay out is when you know that family you helped is take care of. ( something like that )

@kenechine6041 Жыл бұрын

@@danielromero5424 What's your expertise in IUL, or investment vehicles in general?

@AV-ss3vy Жыл бұрын

I'm 35 years old watching this. I was going to open an IRA or a 401K. I'm glad I saw this video. But, there's different types of life insurance. I don't know which one to choose. I'm not rich, but I can put at least 400 a month into an account. My mind is overwhelmed with all the information. I just don't know which life insurance to get. Or who to get it with. I'm a veteran and I have USAA as a bank.

@MXX24MXX24-xm7lj Жыл бұрын

Guy with the tie on I been following for awhile . Give me a couple of months

@iwantcrystals 2 жыл бұрын

Came here to learn more about life insurance and I randomly click on this video that was filmed in my city. Lol! What a coincidence. LOL!

@7FigureSquad 2 жыл бұрын

The Yay Area? Thx for watching Crystal! Are you an agent as well?

@davidryan6819 Жыл бұрын

How do i find someone were i live that knows how to set one of these up?? I'm in southeast GA. Or is there a way for me to get ahold of one of these heavy hitters ??

@7FigureSquad Жыл бұрын

We gotchu - send us your info here: www.MoneySmartGuy.com

@joshuagoodson9803 3 жыл бұрын

Powerful dialogue 🙌. Currently studying for my life, health, and annuities liscenses in Virginia. Will be looking for mentorship soon.

@kevinsmith-kevcorealtorins2039 3 жыл бұрын

The living benefit is awesome. And taxes aren’t going down anytime soon. Thank you. #Kevco

@victoriale3494 2 жыл бұрын

Hi Joshua, I saw that you are looking for mentorship. I am in California. I have been doing this for over 13 yrs. Let me know if you still need a mentor.

@Illmatic25 Жыл бұрын

@@victoriale3494 more info?

@kenechine6041 Жыл бұрын

@@victoriale3494 I don't know about this and will need information to start studying. I'll be glad to learn from your experience if you're open to mentoring me. I'm in Dallas and I just so confused about the life insurance concept (whole life/term).

@munalemj 2 жыл бұрын

It's called Insured Retirement Plan. I can get you one if you're in canada. Let me know. It's quite amazing how it works. Blows your mind why people even bother with RRSP/TFSA

@briaunahinds6092 Жыл бұрын

I've recently signed up for whole life insurance and felt so much relief knowing that my family is secure. But I want to know, are you saying universal insurance is better than whole life ?

@JayemAndKath 3 жыл бұрын

I'm ever so grateful for my advisor who showed me this strategy when I was 22. 3 years in - enjoying the benefits of this. 💖 If you're wondering, yes we have this in Canada! ✨

@jas_alvarez90 3 жыл бұрын

I advice you call your life insurance company not your agent your but your life insurance company ask them how much you have in your cash value and if you take it out how much will you get. I bet you 100% you will have absolutely nothing after paying it for 3 years.

@JayemAndKath 3 жыл бұрын

@@jas_alvarez90 Thanks for the concern! I actually am aware of the difference between my CASH value and FUND value. As mentioned in the video - my personal purpose in getting this plan is for when I retire so I don't actually need to take out any money any time soon. That's why we all should also have an emergency fund and short term savings on top of this. ✨

@jas_alvarez90 3 жыл бұрын

@@JayemAndKath God bless

@JayemAndKath 3 жыл бұрын

@@jas_alvarez90 Thank you! God bless you more 😊💕

@JRC19925 3 жыл бұрын

What do you have? I’ve never seen IUL in Canada, only VUL.

@jelderrwesterlund612 Жыл бұрын

Do you have agents in Australia that offer same programs for life insurance

@eclarkcomedy 2 жыл бұрын

This product did not work for me as an investment. Yes it is true that your rate of return is set at 8.25% however that is after they take 35% of your money for fee's and commission. That is why you have to overfund these policies to make it work. But I dont like to have to overfund just to catch up with my own money. Also if you decide to change your mind about the investment they will hit you with an astronomical surrender fee. In my experience this product is more beneficial to the agent and is totally unethical.

@4020E Жыл бұрын

How long did you pay into the policy?

@gerardomartinez4137 Жыл бұрын

Unethical? Yet stock brokers get paid by peoples money being in investments that are risky, and that stock broker is getting paid wether the client is gaining or losing. Talk about being ethical. 👍🏻

@thewoundedhealerremapintl2887 Жыл бұрын

You don't understand it. Am from Africa and I wish we have this in our nation's.

@iKevin711 Жыл бұрын

A regular whole life policy was the best option for you, not a universal life.

@victorramirez2891 Жыл бұрын

The design is important.

@dgarcia63 3 жыл бұрын

I live in California, what’s a good insurance company to start with?

@7FigureSquad 3 жыл бұрын

Send me a message at moneysmartguy.com and we'll have a licensed agent in touch!

@carileiq4408 3 жыл бұрын

If I buy term and invest the difference in a ROTH IRA, will I still be taxed on whatever amount I withdraw at 59 1/2 or older?

@7FigureSquad 3 жыл бұрын

In Roth IRA? No plus there is a 5 year waiting period

@CdotForbes13 3 жыл бұрын

Your LASER fund is essentially the same as Suncor Financials MPI program. Am I correct on the correlation?

@7FigureSquad 3 жыл бұрын

I’ve never heard of it ... I think it may be the opposite. Doug has training many financial pros over a 50 year career and they may have used his knowledge products in their materials. I’ve seen it very frequently

@scambuster7416 Жыл бұрын

i'm uninsurable, can i still do infinite banking?

@vincef7487 3 жыл бұрын

5:07 Sorry. But I get suspicious of people who get asked “How does it work?” ...then avoid the answer by saying ‘what it DOES’. This is probably an issue I need to work on for myself.

@jas_alvarez90 3 жыл бұрын

Your right !!! It’s trash !!! My friend had one paid it for 6 years and she had $1500 in her cash value and was only able to get $5 ! We called the company on a recorded line and we asked if this was an investment they said no !!! It never reflects what the stock market does and cost insurance goes up every year and eats the cash value ! It’s trash !!! I’ve see. Older people cry about this after paying 30 years only to find out they don’t have what they where promised ! It’s a legal scam !

@moysesgonzalez8871 3 жыл бұрын

I agree 100%. It's because they don't know how it works, all they know is what they been told.

@vincef7487 3 жыл бұрын

@7 Figure Squad Thanks for the response, but that really didn’t address my concern.

@domingodelgado3944 3 жыл бұрын

@@jas_alvarez90 your friend got hosed. You need to do some research before going with the company. I have paid on mine for a year and I have 5k available to withdraw. In the next 5 years I will be able to pay or my sons college with it. No student loans here.

@TheDrill65 3 жыл бұрын

@@domingodelgado3944 elaborate some more details please.

@bruceportersr9880 3 жыл бұрын

When UL came out I went there. Years later I had policies die. This was before indexing, but, made me feel pretty badly. I left the industry. But, 40 years later I'm showing this to my sons. BTW, we are involved in the cryptocurrencies, and the fun is when I tell them that they are fiat also.

@7FigureSquad 3 жыл бұрын

More power to you

@JorgeRamirezFinance 3 жыл бұрын

I left the industry when I realized it was a garbage product.

@winarenleroy758 5 ай бұрын

I love how u pick the Jordan 11 to wear very nice taste you sharp😎😎😎😎😎😎💯💯💪💪

@alexzandermalo 3 жыл бұрын

Best finance related channel on youtube.

@kakaduk1235 Жыл бұрын

Can this information be applied in Australia Life INSURANCE

@PurpleChrome 3 жыл бұрын

So many ppl are ignorant to this because they’ve been conditioned by other ppl’s life insurance failures of not paying out because they bought the wrong type. Some had & ran out their Term Life instead of Universal Whole life and couldn’t buy back in because it became too expensive. Then they’re mad and go spread the negative stories when they should have had it written properly & in THEIR OWN INTEREST by a knowledgeable agent to begin with.