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re: Infinite Banking

Posted on 6/29/15 at 2:20 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 6/29/15 at 2:20 pm to
quote:

It seems like a scheme to sell life insurance policies.


Cuz it is.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37708 posts
Posted on 6/29/15 at 2:26 pm to
People need to just start realizing that you won't beat the insurance companies. They are regulated so tightly and they need to make profit/meet expenses. They can't offer you a product that you can "beat the house" at, regulators won't even allow it.


In the right context, doing investment products through insurance companies or using insurance products as investments can be right for your portfolio. If you are trying to maximize returns, you probably should look elsewhere though.
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