Not Your Average Financial Podcast™

Episode 128: Seven Reasons Bank On Yourself® is Legitimately the Real Deal!


Listen Later

In this episode, we ask:

  • What are the core reasons why Bank On Yourself® is the real deal?
  • Who is The White Coat Investor, Dr. Jim Dahl?
  • What did he write about Bank On Yourself®?
  • What did Ted Benna, the father of the 401(k), say?
  • Where is Ted Benna parking his money?
  • What are Ted Benna’s three reasons why we should be weary of 401(k) plans?
  • Who is Jim Harbaugh?
  • What is a split dollar loan agreement?
  • What is the nature of Jim Harbaugh’s arrangement?
  • Could a business own a whole life insurance policy?
  • Why would a business want to own a policy?
  • Can a life insurance policy act like a deferred compensation plan?
  • What about Babe Ruth’s life insurance policy?
  • Would you like purchase a replica of Babe Ruth’s policy?
  • Have you heard Episode 66?
  • Are you still skeptical?
  • Have you read the Pirates of Manhattan?
  • What do the banks do with their assets?
  • What about Enron founder, Ken Lay?
  • What about Lehman Brothers?
  • What is Tier 1 capital?
  • Does life insurance qualify as Tier 1 capital?
  • What did your grandparents do with their whole life insurance policies?
  • What was the most popular life insurance product from 1940-1970?
  • What happened in 1981?
  • Have you heard Grandma’s Wealth Wisdom podcast?
  • What is 10x safer than a bank’s savings account?
  • Why are banks so eager to keep your cash on hand?
  • What is fractional reserve banking?
  • How much can banks loan out?
  • What is the Dodd Frank Act?
  • What are the reserve requirements for life insurance companies?
  • How much does the well capitalized life insurance company have to have on hand?
  • What is the big difference in reserve requirements between banks and life insurance companies?
  • Have you read How Privatized Banking Really Works?
  • How do the life insurance companies invest their funds?
  • How much do life insurance companies have to keep liquid?
  • How much do life insurance companies have to have to pay death benefits?
  • How are life insurance companies strictly regulated?
  • What happens if a life insurance company gets into difficult times?
  • What are the additional protections?
  • How have many life insurance companies been able to pay a dividend for over 100 years?
  • Why do life insurance companies under promise and over deliver?
  • Have you heard Episode 118?
  • Have you heard Episode 106 and 107?
  • How does the insurance industry support the infrastructure across the U.S.?
  • What is the unique business model of the insurance companies?
  • How can the insurance companies get a better yield?
  • If this was a big scam, how could the insurance company build so much?
  • What do the investments of the insurance companies look like?
  • Is the money still liquid?
  • What usually constitutes a scam?
  • When do most people lose their skepticism?
  • How does life insurance cash value benefit families, businesses and other individuals?
  • What about the disclosures?
  • What is concealment?
  • What about the paperwork?
  • What about the disclosures from a prolific insurer, Mass Mutual?
  • What are the myths and truths about life insurance?
  • What about subscribing to the research from Pamela Yellen’s work?
  • What are some takeaways?
  • Should you believe everything you read on the internet?
  • What sources have authority?
  • Have you read Financial Independence in the 21st Century?
  • Would you like to buy this book?
  • What about Investopedia’s guide to dividend paying whole life insurance?
  • Have you heard Episode 74?
  • Have you heard Episode 55?
  • Have you heard Episode 6?
  • Have you heard Episode 36?
  • Have you heard Episode 91?
  • Have you heard Episode 110?
  • What is your favorite or most memorable money mistake? Leave us a message and let us know!
  • Would you like a free copy of Pamela Yellen’s latest book?

  •  

    ...more
    View all episodesView all episodes
    Download on the App Store

    Not Your Average Financial Podcast™By Not Your Average Financial Podcast™

    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    122 ratings


    More shows like Not Your Average Financial Podcast™

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,775 Listeners

    Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

    Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

    3,868 Listeners

    Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

    Creating Wealth Real Estate Investing with Jason Hartman

    536 Listeners

    The Best Ever CRE Show by Joe Fairless

    The Best Ever CRE Show

    992 Listeners

    Rental Income Podcast With Dan Lane by Rental Income Podcast

    Rental Income Podcast With Dan Lane

    829 Listeners

    Get Rich Education by Real Estate Investing with Keith Weinhold

    Get Rich Education

    601 Listeners

    Main Street Business by Mark J Kohler and Mat Sorensen

    Main Street Business

    585 Listeners

    Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

    Passive Real Estate Investing

    971 Listeners

    Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

    Real Wealth Show: Real Estate Investing Podcast

    413 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    422 Listeners

    The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

    The WealthAbility Show with Tom Wheelwright, CPA

    518 Listeners

    Real Estate Investing with Coach Carson by Chad Coach Carson

    Real Estate Investing with Coach Carson

    619 Listeners

    Ken McElroy Show by Ken McElroy

    Ken McElroy Show

    721 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,837 Listeners

    PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

    PassivePockets: The Passive Real Estate Investing Show

    129 Listeners