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re: Whole Life, Infinite Banking (IBC), Cash Flow
Posted on 6/8/18 at 10:56 am to jrobic4
Posted on 6/8/18 at 10:56 am to jrobic4
quote:
Vul can bea good product, but you want to talk about the devil being in the details! In my opinion, not appropriate for OP needs. What if he needs to access cash during a downturn? That's when attractive buying are to be had, but if the value of the portfolio is down there is less cash available.
a lot of ppl don't consider this or have an agent to educate them. If your looking at accessing funds, look at moving funds into the fixed acct built in the policy. that way you are not taking a huge hit with accessing funds during market down turn. then move out when ready to be in market
This post was edited on 6/8/18 at 10:59 am
1
Posted on 6/8/18 at 2:24 pm to bstew3006
quote:
that way you are not taking a huge hit with accessing funds during market down turn
Your separate account assets have already taken a hit before you transfer to a fixed account is the problem
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