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re: Infinite Banking
Posted on 6/29/15 at 2:26 pm to TheHiddenFlask
Posted on 6/29/15 at 2:26 pm to TheHiddenFlask
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.
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.
1
Posted on 6/29/15 at 2:31 pm to GenesChin
It happened once and 30 years later the insurance companies still make hay off of it. Great investment in their part, even if it was an accident.
Just like the casinos love it when people think they can count cards, insurance companies love it when people think they can beat the numbers generated by the thousands of actuaries they employ.
Just like the casinos love it when people think they can count cards, insurance companies love it when people think they can beat the numbers generated by the thousands of actuaries they employ.
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