How Can There Be More Than All? - Episode 150

Summary:

 In this episode your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about getting all the profits from a mutual life insurance company and the differences between a mutual life insurance company and a traditional stock company.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

Links in this Episode:

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Show Notes:

00:00 Introduction

00:30 Today’s topic: How Can There Be More Than All?

00:44 Getting all of the profits from a company you are working with

02:20 Todd explains how you get all the profits from a mutual life insurance company

03:44 The difference between a mutual life insurance company and a bank

04:22 Dividends are paid to policyholders

06:32 Why life insurance companies continuously pay dividends even when other institutions fail

09:11 How long can life insurance companies stay in business under their current model?

10:34 As a business owner do you want to be involved in something for the short run or long run?

11:42 Comparing a dividend payment from a mutual life insurance company from a regular stock company

14:34 Index policies have caps and expenses and they’re not something for nothing