Fake GURUs
It does not matter what type of insurance it is. Insurance does not grow at an astronomical rate. If it did, Warren Buffett and everyone else would own it. If you could get a 40% rate of return and something that has absolutely zero risk, then why on Earth would any of the billionaires be in anything else.
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They could double their net worth every two years. Elon Musk could be a trillionaire in four or five years. Now parts of this are true you can rack up debt when you die, and the death benefit will pay the debt. But most of the time, that does not make sense because if you are becoming your own bank, you want to recycle the money so you borrow from yourself.
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You pay it back, and it replenishes your account. There's so many things on the internet that just absolutely disgust me.
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I normally don't ask people to do things but I would ask that you would share this with anyone that you know that knows of cash value life insurance or infinite banking or is even remotely interested in something like this so they can understand that these agents are just trying to come up with Buzz phrases and gray areas to make sales so they can go buy a nice car to impress people or wear those fancy shoes that cost $2,000 or just look like they are part of the 1%.
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