There are two emotions largely responsible for controlling human behavior.
Fear and Greed.
Whether it be the headlines of yester year predicting a coming ice age, the global warming crisis of today, or something else, fear mongers have shrewd ways of making people react.
Greed is another detrimental emotion, and interestingly, with so many people putting themselves first, our society is less happy and more depressed than ever.
On today’s episode, Tom, Michele, and John talk about these two powerful emotions... Fear and Greed.
Life insurance equity is a great tool which can be used to finance expenses and investments throughout life.
Some people try and rush the equity building process, but because they don’t understand how life insurance works, they may wind up buying an inferior policy or impatiently give up on the entire idea. But when you understand the process you’ll know it’s important to “crawl before you walk.”
Understand why life insurance is a good financial tool so you know the process and can have confidence in the results.
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Left, right, fast, slow, yes, no. Uncertainty is uncomfortable, stressful and can even be paralyzing.
Life is filled with uncertainty. It is critically important we understand how to recognize and deal with the stresses of uncertainty to prevent them from becoming paralyzing.
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412(e)(3) plans are fully insured retirement plans. This type of plan is not dependent on market performance, it is based on the guarantees of whole life insurance and annuities. Not only does this take the guesswork and market dangers out of retirement planning, it can also save you a lot on taxes today.
But 412(e)(3) plans will only work well in some situations. Do they make sense for you? Find out on Wealth Talks.
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