In this episode, Jake and Gino talk about the pros and cons of renting assets versus owning assets, and how this analogy compares to Term Life vs. Whole Life Insurance.
Below is one of the top misconceptions about Term Life vs. Whole Life Insurance:
MYTH: It’s better to buy term life insurance and invest the difference.
BUSTED: Real Estate Investors know better than anyone that it is better to OWN than to RENT. Why rent your insurance when you can own it and benefit from the equity built inside your policy?
You may have heard people suggest “buying term and investing the difference”, but investing in the market involves risk. As a Real Estate Investor, you’re already taking a lot of risk. Does it really make sense to take risk with your safe money as well?
With the specially-design of our Whole Life Insurance policies, you know the minimum, guaranteed value of your policy at any given year, as well as the minimum cash value you could borrow. There is no guessing game! Something that is simply not a luxury with “investing the difference”.
You know what they say: Don’t trust everything you read on the internet. When it comes to Term Life vs. Whole Life Insurance, speak to a professional. Our Team has over 100 years of combined experience and specializes in working specifically with Real Estate Investors. The special design of a 100 Year REI policy helps you grow your portfolio and protect your legacy by creating generational wealth.
00:00 Owning property versus Renting property.
01:25 Developing a 100 Year Investor Mindset.
02:20 The Honey Bee: Creating Multiple Streams of Revenue.
04:56 How to optimize your personal finances.
07:09 Benefits of long-term personal financial engineering.
09:08 Creating a legacy and generational wealth for your family.
11:44 Your mindset matters and directly relates to your financial success.
Email firstname.lastname@example.org to get the PDF copy of The Honey Bee.
Download our eBook on how you can leverage our Dual Asset Strategy to secure your financial future: https://100yearrei.com/ebook-download/
Let our Team run the numbers for you and see how we can help protect your financial future for generations to come. Schedule your consultation now: https://100yearrei.com/callnow/