The Prosperity Podcast

Daring to be "politically incorrect," Kim Butler and Todd Strobel attempt to break down the stigmas between economics and politics. Obamacare and the language of economics are discussed, along with the challenge of having honest and open conversations about economics. Is there any room for political correctness in economics? How are Todd's economic discussions affecting his dating life? Find out in today's episode of the Prosperity Podcast!

[0:00] Prologue

[0:19] Intro

[1:40] Consequential Discussions

[2:51] The Science of Economics VS the Art of Politics

[4:22] A Change in Vernacular

[5:13] Building Wealth

[6:57] Are we exchanging Wealth for Freedom?

[8:20] The Fifth Principle of Prosperity: Control

[9:06] Obamacare and Todd's experience purchasing health insurance for employees

[12:15] The First Principle of Prosperity: Think

[13:30] Bring it Back to Economics

[14:18] Ebook giveaway to our listenings: Financial Planning Has Failed

[15:12] Outro

Daring to be "politically incorrect," Kim and Todd attempt to break down the stigmas between economics and politics. Obamacare and the language of economics are discussed, along with the challenge of having honest and open conversations about economics. Is there any room for political correctness in economics? How are Todd's economic discussions affecting his dating life? Find out in today’s episode of the Prosperity Podcast!

On today's episode of the Prosperity Podcast, Kim Butler and Todd Strobel analyze whole life insurance rates of return for different age brackets. Surprisingly, this reveals that "you're never too old for life insurance!" The current net rate of return is discussed.

Finally, if you do not qualify for life insurance due to health or lifestyle risk factors, have you considered the alternatives to insuring yourself? There are ways to be the policy owner without having to qualify for life insurance if you can establish an insurable interest in someone else, such as a child, grandchild, business partner or key employee.

Kim and Todd also discuss something she is very proud of: Kim's daughter, Kaylea Butler has released a book, Every Day is A Miracle: Lessons from Susan Rammekwa.

On today's episode of The Prosperity Podcast, Kim Butler and Todd Strobel dive into the realm of bonds. They discuss the history and current climate of bonds, such as muni-bonds. The current market and quality of those bonds are examined as well. The recent San Bernadino ruling on bondholders and pension funds is broken down. They wrap the show up by reminding you to adjust your strategies and techniques as the times change.

[0:00] Prologue

[0:19] Intro

[0:41] What is a bond?

[1:55] Investing Today – Bond Funds

[3:32] Consider the Stability of the Issuer

[5:34] Recent Bankruptcy Hearing

[6:28] Pension Promise VS 401k/403(b)

[8:52] History of the "Promise"

[10:01] A Pension Perfect Storm

[11:11] The Current Quality of Bonds

[13:33] Will Interest Rates Increase and What Happens if they do?

[15:04] Change the Strategies & Techniques with the Times

[15:58] Cash Value of Life Insurance

[17:10] Outro

[17:58] Epilogue

Be sure to check out Kim D.H. Butler's book, Live Your Life Insurances, which can be purchased on her site or on Amazon.

On today’s episode of The Prosperity Podcast, Kim and Todd dive into the realm of bonds. They discuss the history and current climate of bonds, such as muni-bonds. The current market and quality of those bonds are examined as well. The recent San Bernadino ruling on bondholders and pension funds is broken down. They wrap the show up by reminding you to adjust your strategies and techniques as the times change.

In this episode, Kim D.H. Butler and Todd Strobel talk about the differences between Austrian and Keynesian Economics and how these economic theories relate to today's economy. They also share the challenge of having our savings and investments beat inflation.

[00:00:32] Today we're talking about Austrian vs Keynesian economics

[00:01:32] With our current economic issues it's critical to understand how finances are being managed

[00:02:42] The current President is running our country by the Keynesian economic theory

[00:03:23] Keynesian economists believe that spending money is what drives things

[00:05:29] Talking about Austrian economics

[00:06:05] Austrian economists believe that saving is the motor of the economy and that private property and a free market drives growth

[00:06:58] The challenge with Austrian thinking is that when we save money we temporarily remove that money from the money supply

[00:07:34] Austrian economics type of thinking is a fabulous long term solution

[00:07:41] Keynesian type of thinking is a short term solution

[00:09:17] In our current interest rate environment we are penalized to save

[00:10:13] Many of our grandparents lived in the era of Austrian thinking with little government control

[00:11:16] Kim and Todd talk about inflation and how it affects us

[00:12:17] "The inflation tax, while largely ignored, hurts middle class and low income Americans the most…" – Ron Paul

[00:12:36] We need to look at inflation like we look at taxes

[00:13:05] Having investments that earn a low double-digit rate of return is necessary to beat inflation

[00:13:49] Roles of a free market under the two economic systems

[00:14:58] The United States of America was formed on the basis of a free market and the desire for personal freedom which then comes with personal responsibility

[00:17:16] Todd shares a powerful quote from John Maynard Keynes

In this episode Kim D.H. Butler and Todd Strobel talk about the differences between Austrian and Keynesian Economics and how these economic theories relate today’s economy. This is a great layman's introduction to economic theories! They also share the challenge of having our savings and investments beat inflation and the solution.

In this episode, Kim D.H. Butler and Todd Strobel talk about life settlements and the history and benefits of this underrated investment.

Life settlement investments produce predictable, healthy returns and follow the "zero risk tolerance" guideline discussed in episode 15. However, they are controversial and often misunderstood.

In this episode, Kim and Todd discuss the benefits, the history, and some of the ins and outs of life settlements. Learn if this investment with healthy returns and low, low risk is for you!

0:30 – Introducing today's topic of life settlements

1:18 – Kim explaining life settlements in plain and simple terms

4:02 – Why it's a good idea to diversify with life settlements outside of the markets

5:15 – How this a predictable investment and follows our zero risk tolerance policy

7:02 – Answering the question: How are life settlements related or not related to viaticals

9:17 – Win-Win: We like the fact that life settlements help seniors as well as investors.

12:08 – Todd summarizes the topic and goes into more details about life settlements

13:24 – Using the law of large numbers produces a consistent rate of return

14:40 – Time commitments and barrier to entry for life settlements

15:47 – Get the full resources and details about life settlements at Partners4Prosperity.com – Click for our Life Settlement articles.

16:12 – If you are an accredited investor Kim and Todd have specific websites and information you can access to learn more.

One of the Best Ways to Invest Outside of the Stock Market

In this episode, Kim D.H. Butler and Todd Strobel talk about life settlements and the history and benefits of this underrated investment.

Life settlement investments produce predictable, healthy returns and follow the “zero risk tolerance” guideline discussed in episode 15. However, they are controversial and often misunderstood.

In this episode, Kim and Todd discuss the benefits, the history, and some of the ins and outs of life settlements. Learn if this investment with healthy returns and low, low risk is for you!

0:30 – Introducing today’s topic of life settlements

1:18 – Kim explaining life settlements in plain and simple terms

4:02 – Why it’s a good idea to diversify with life settlements outside of the markets

5:15 – How this a predictable investment and follows our zero risk tolerance policy

7:02 – Answering the question: How are life settlements related or not related to viaticals

9:17 – Win-Win: We like the fact that life settlements help seniors as well as investors.

12:08 – Todd summarizes the topic and goes into more details about life settlements

13:24 – Using the law of large numbers produces a consistent rate of return

14:40 – Time commitments and barrier to entry for life settlements

15:47 – Get the full resources and details about life settlements at Partners4Prosperity.com – Click for our Life Settlement articles.

16:12 – If you are an accredited investor Kim and Todd have specific websites and information you can access to learn more.

Get Your Prosperity Accelerator Pack Today! Sign up to receive our ebook, Financial Planning Has FAILED as part of your free Prosperity Accelerator Pack now.

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How to Save Better, Grow Your Assets Faster and Create Substantial Cash Flow… Without Stock Market Risks!

This special episode of The Prosperity Podcasts features an interview Mark Cosman from Experts Showcase did with best-selling financial author, Kim D.H. Butler. Mark presses Kim to name the 3 biggest problems that investors face:

1. When saving, they don't know where to store cash where it can keep pace with inflation. 2. When investing, they have a hard time creating growth in their assets without risking principal. 3. When desiring investment income, they don't know how to use their assets to create efficient cash flow.

Fortunately, Mark also asks Kim for her proven investment solutions! Kim shares her favorite financial strategies and vehicles for saving money, growing assets, and creating cash flow.

They also discuss how to protect yourself from risk, why Kim has "zero risk tolerance," and how risk tolerance questionnaires make investors think they have no choice but to subject their assets to the risks of the stock market to earn respectable gains! Fortunately, that is not true.

Mark reveals how listeners can get more details as part of the Prosperity Accelerator Pack. You certainly don't want to miss this special episode!

0:17 – Kim Butler and Todd Strobel share some highlights of the interview

2:23 – Start of The Experts Showcase interview

3:54 – The 3 main themes of the show

4:17 – Finding alternatives to storing your money in banks and money market accounts.

5:53 – Kim reveals 200 year old financial secret that earns 4 – 5% and can replace your inefficient bank account

8:03 – Creating cash flow in our investments today

10:15 – Sharing examples of a consistent cash flowing investment

12:20 – How to avoid losing your money!

13:35 – Why I have a zero risk tolerance for losing money

15:45 – Mark talking about the prosperity accelerator pack

17:09 – How to get your money to work at least as hard as you do