You can't use IUL for infinite banking or real estate investing - regardless of what some IG and TikTok influencers would have you believe. Don't get me wrong, you can try, but it won't go well long term for you. In this video, Chris Kirkpatrick breaks down an Instagram Reel from an IUL agent who is be wildly misleading.
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📖 Chapter Timestamps Here ⏰
0:00 Intro you shouldn't use IUL for Infinite Banking or Real Estate Investing
1:15 Be Careful When Watching TikTok and IG Reels For Financial Advice
3:15 Money Myth Buster's Misleading IG Reel
4:20 Banks Do NOT Use IUL - Common Sense Proves It
6:30 How Loans Actually Work With IUL - DANGER WARNING
11:00 IUL Policy Loans Inject A Lot Of Risk Into Your Personal Finances
14:00 You CAN Lose Money In An Indexed Universal Life Insurance Policy - HERE'S HOW
17:00 I Am Not Wrong About IUL - Regulation Updates Prove It
20:30 Be Cautious of IUL Advice and Sales on Short Content
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
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Indexed Universal Life vs Whole Life - Which is Better
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.
So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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Shocking Truth: Infinite Banking and Real Estate Disaster
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