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    Money. Wealth. Life Insurance.
    Money. Wealth. Life Insurance.
    Money. Wealth. Life Insurance.
    Ebook81 pages56 minutes

    Money. Wealth. Life Insurance.

    By Jake Thompson

    4.5/5

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    Read preview

    • Life Insurance

    • Wealth Management

    • Stock Market

    • Cash Value Life Insurance

    • Personal Finance

    • Rags to Riches

    • Corporate Greed

    • Financial Manipulation

    • Mentorship

    • Wise Mentor

    • Family Ties

    • Collaboration

    • Financial Independence

    • Hidden Dangers

    • Rich Get Richer

    • Insurance

    • Risk Management

    • Financial Planning

    • Death Benefit

    • Great Depression

    About this ebook

    America's elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times.

    To be clear, this book is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street.

    It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth. A product so powerful it's responsible for the success of Walt Disney, JC Penney, Ray Kroc, and thousands of others.

    Here's what you'll discover:

    • How the wealthy use this vehicle to create more wealth, take less risk, and create predictable income they can't outlive
    • Why banks and corporations place billions of dollars in this powerful vehicle
    • How I earned over 300 percent returns leveraging my life insurance policies
    • How you can create a safe, predictable foundation to enhance every financial decision you make
    • •How to win with taxes and keep more of the money you make

    While the information compiled into this book is valuable, you'll also find three case studies that show you exactly how it works. You'll be able to visually see how it grows, how it's accessed, as well as the future income that can be taken.

    ______________
    Influencers of this book are Nelson Nash, his book "Becoming Your Own Banker: Unlock the Infinite Banking Concept"; Pamela Yellen, her book "Bank on Yourself"; Dwayne Burnell, his book "Financial Independence in the 21st Century - Life Insurance * Utilize the Infinite Banking Concept * Compliment Your 401K - Retirement Planning With Permanent Whole Life versus Term or Universal - Create Financial Peace"; and my Father Dan Thompson, and his book "The Banking Effect: Acquiring wealth through your own Private Banking System."

    I was introduced to these financial strategies at a young age, and this is book represents the effort and energy on both the part of everyone of my mentors, these authors here, as well as my own diligence in learning about and implementing these very same strategies into my personal finances.

    This book is designed to simplify some of the concepts surrounding cash value life insurance, such as Infinite Banking and Bank on Yourself, and make them easier to understand, stripping them down to the core benefits of cash value life insurance.

    LanguageEnglish
    PublisherJL Company
    Release dateJan 1, 2014
    ISBN9798988028420
    Money. Wealth. Life Insurance.

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    4.5/5

    11 ratings2 reviews

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    • 5/5

      Nov 23, 2024

      Happiness comes when your credit scores is in equilibrium with your life style. Firstly, I'm thankful to the article I bashed into lately, that led me to Trovian Credit Repair, they are professional in fixing credit, they did a wonderful job on my credit score after many years of having bad credit profile. I finally got it fixed from 556 to 805. They are trustworthy, reliable and can handle all credit related issues, please give a try, and thank me later. [email protected].
    • 3/5

      Jan 21, 2024

      It was a good book read to give anyone an introduction into the world of Cash Value Life Insurance. The author does lay out some practical steps to take.

    Book preview

    Money. Wealth. Life Insurance. - Jake Thompson

    Money. Wealth.

    Life Insurance.

    How the Wealthy Use Life Insurance as a Tax-Free Personal Bank to Supercharge Their Savings

    Jake Thompson

    Copyright © 2013 Jake Thompson

    Disclaimer: The material presented in this book is for informational purposes. While care has been taken to present the concepts in an accurate and updated fashion, the author makes no expressed or implied warranty of any kind and assumes no responsibility for errors or omissions. No liability is assumed for incidental or consequential damages in connection with or arising out of the use of the information contained here. The information in this book is intended to provide general information and does not constitute legal, financial, or tax advice.

    All rights reserved. No part of this book may be reproduced, stored in a special system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior permission from the publisher.

    ISBN: 1494896478

    ISBN-13: 978-1494896478

    DEDICATION
    To Alissa and Adri.

    Contact Information

    Jake Thompson

    WealthbyJake.com

    [email protected]

    For a compilation of all the references in this book or to contact me, scan the QR code or follow the link: WealthbyJake.com/mwli1

    ACKNOWLEDGMENTS

    This book is a compilation of years of learning from some of the greatest people I know. Mentors, partners, and family have played a huge role in the completion of this book.

    Table of Contents

    Chapter 1 The Greatest Test of All

    Chapter 2 Banks, Corporations, and

    Billions of Dollars

    Chapter 3 How I Earned 300 Percent Returns

    Chapter 4 Winning With Taxes

    Chapter 5 What the Wealthy  Know About Risk

    Chapter 6 Supercharged Savings with  Cash Value Life Insurance

    Chapter 7 A More Efficient Savings Strategy

    Case Study 1 Consistent Contributions

    Case Study 2 Lump Sum Contributions  Plus Ongoing Savings

    Case Study 3 Lump Sum Only

    Chapter 11 What’s Next?

    Chapter 12 My Final Words

    ABOUT THE AUTHOR

    Chapter 1

    The Greatest Test of All

    Travel with me in time for just a moment. It's the latter half of the 18th century, America has just gained independence from Britain, and the birth of a great nation is underway. At this time, several of the greatest minds in history are creating a legacy in what would become the modern United States.

    Among many memorable events, one of the first financial tools of the western world is created. One with origins dating back to ancient Rome. And while no one knows it at this point, it will become a lifeline, a form of protection, and a champion of the greatest test of all…

    …the test of time.

    This tool will save thousands of individuals, families, and businesses from financial ruin and devastation for generations to come. It will be a beacon of hope amid chaos. And most importantly, it will be a source of stability and control in an industry full of crooks and criminals willing to do anything to make an extra buck.

    Over the next few centuries, this tool will be so ingrained in American culture that making changes to it will be nearly impossible. It will become the last place truly protected from the corruption of greedy investors, untamed government, and unforeseen financial turmoil.

    I like to refer to this tool as a personal bank on steroids, an unparalleled place to stockpile cash, and a financial bunker for tough times…

    ...but it is better known as cash value life insurance.

    In this book, I’m going to show you why and how many wealthy American people, banks, and businesses have used life insurance as a platform to build wealth. I’m going to

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