Why I Chose Whole Life As Part Of My Financial Plan
On this episode, Jake and Gino talk about the essential personal finance skills that one needs to develop in order to achieve financial independence and build generational wealth. Gino explains how he utilized his Whole Life policy for real estate investing and why it is an imperative part of his Financial Plan.Key Insights:
00:00 Introduction
00:25 How Gino developed his personal finance skills
01:10 The Richest Man in Babylon
01:30 Do this if you want to become successful
01:58 Using Whole Life Policy as emergency corpus
03:05 Save for an investment that will pay for an event
04:44 Protect your assets
06:01 Don’t always chase IRR (Internal Rate of Return)
07:46 Find your niche
08:16 Think long term
09:20 Be a producer
09:45 How Gino invested in real estate using his Whole Life policy
14:18 Term insurance vs. Whole Life
Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/
If you want to learn how you can begin to leverage a cash value Whole Life Insurance Policy to invest in real estate, create consistent cash flow income streams, and long-term generational wealth, get in touch with our Team here: https://100yearrei.com/callnow/