Investment

Have you ever considered how driving a stick shift can make you a better decision-maker? I certainly didn’t, until I switched back to driving a stick shift when I purchased my Jeep this summer. Driving it is like practicing mindfulness, and here’s how that makes me a better decision-maker: 1. Focus: Even after years of…

Can Whole Life Insurance really be a key strategy for storing capital? I’ve been doing it myself and helping others for 10 years. Once you have a policy in place, the process is simple: Consistent payment of premiums Refrain from surrendering the policy Avoid lapsing the policy with proper care Benefits: Preserve every premium dollar…

Why is capital preservation critical to long-term financial success? Not only to preserve capital but to have access to its value. Preserving capital is vital because it enables me: to have the resources to meet ongoing expenses to invest in future opportunities to handle unplanned events Without access to capital, I will struggle: to meet…

How can I improve my ability to adapt to changing markets? By following this simple yet often misunderstood principle. I’ve been helping my teammates understand and apply it for a decade. Every asset purchase you make is a money-storage decision. Guided by this principle, here are some of the asset characteristics I seek: guarantees volatility optionality…

30 Here are 5 essential ideas about storing money versus investing and why the distinction matters: Storing is different than investing.•Storing means keeping money in an asset that guarantees it will be there when needed. •Investing adds an element of risk compensated by higher expected returns.  You need to do both, but the order in…

  Why would I use a life insurance policy loan when I could use cash? Here’s why: 1. A cash withdraw (surrender) breaks the compound growth curve. You lose the opportunity to continue earning interest/dividends on the cash value surrendered. You have to replenish what you took at interest to get back on track. 2.…

Me 10 years ago: I can’t buy that investment property. Why not? I don’t have enough money. Do you know any lenders or qualify for low-to-zero money-down options? No, and I don’t think so. What about your savings and investments? I don’t have enough. Do you save or invest? I do, but it’s all in…

Is Infinite Banking (IBC) the right fit for you? I’ve been using whole life insurance to preserve capital, build alternate sources of financing, and be more resilient for about a decade. In helping others do the same thing, I’ve learned to recognize when someone isn’t ready to move forward with IBC. Here are 3 common…

How does a strong team make you more resilient? I’ve been on one team or another for most of my life. The best teams know their mission and core values and consist of teammates who: • know their role • hold the rest of their teammates accountable • pick each other up when need be You know…

How does truly understanding your long-term vision bring peace? If you aren’t sure why you are doing something or if it fits in with how you envision yourself, take a pause. Think about it some more before you jump in. If we’re in the middle of the application process for a life insurance policy and a…

Why do I focus on the boring stuff first? A strong foundation allows you to pivot, adjust & thrive in uncertain circumstances. It makes you more resilient. The same holds true for your finances. In fact, by adhering to this principle in finance, you will also be more resilient in life. What do I mean by starting with a…

You just received a substantial inheritance—what do you do with it? Some of you might know exactly what you would do. Others might not be so sure. The answer is… It depends. It depends on your overall financial strategy and core principles around life and finance. Only by knowing those will you be confident in…