Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

• Have you been listening to us for awhile?
• Do you know how much we appreciate you?
• What is the definition of the word scam?
• Were you first skeptical when you heard of Bank on Yourself®?
• Is Bank on Yourself® a scam?
• Are critics thinking clearly?
• What are Mark’s credentials?
• Does Mark recommend this strategy?
• What are the posts on reddit pointing toward?
• What about the article on CBS Moneywatch by Allan Roth?
• Who is Allan Roth?
• What does Allan Roth do?
• What did he say in his article?
• What is the key mistake in his argument?
• Would you have more money if you didn’t make a (car) purchase?
• What did Pamela Yellen say?
• Would you like to read Pamela Yellen’s response to Allan Roth’s opinion piece?
• Do life insurance companies offer up policy loans for charity?
• Would you like to learn more from Episode 32 or Episode 110?
• Did Mr. Roth actually make money on this?
• What was Mr. Roth’s total contribution?
  $9,832 – Cash value increase
  +$3,916 – Full dividend (not reduced, even though he has a policy loan)
  = $13,748 – Total growth on $12,000
  – $12,000 – Total paid (including loan interest and PUA premium)
  = $1,748 – Profit (increase)
  Doesn’t Roth actually gain $1,748 on the additional premium and loan interest he pays?
• What was the APR on the car loan?
• Should you buy stuff you can’t afford?
• What is the best way to make major purchases?
• What was the true cost of purchasing the car?
• Would you like to learn more about opportunity cost and listen to Episode 13?
• What about inflation?
• How does a Bank on Yourself® type whole life insurance policy provide a workable solution?
• What would the numbers be after expenses and fees?
• Would you like us to run your own numbers?
• Would you like to book a meeting with Mark?
• Who else has Allan Roth targeted in his writing?
• Would you like to leave Mark a voice message at Speakpipe.com/nyafp?

Would you like to sign up and join us for a FREE Live Online Episode?

• When: Tomorrow, Saturday February 1, 2020, 10AM CST
• Where: Online!
• Cost: 100% FREE
• Topic: Getting out of debt with the SnowBank Method
• Who: Hosted by Mark Willis, CFP®, along with Grandma’s Wealth Wisdom hosts, Amanda Neely and Brandon Neely
• Next Action: Register Now and Join Us!