Buy Term and Invest the Difference...NOT!!!

[rousemark]

because no one invests the difference lmao

Sure they do.. They invest in big screen TV sets, cell phones,, tennis shoes, etc.

 

[Gooner]

And this is mostly why we can say that overall it doesn't work. When I was with them, not all would set themselves up to invest the difference. I found myself replacing polices that should have never been replaced unless they were going to do the full program. This is why I got away from them.

I guess I fall into the category of 'not getting it'. If they buy the term and don't invest the diference...then that's on them...not the term policy.

I have yet to see a WL or UL policy illustrated for me that showed a lower cost and better rate of return than investing in the stock market or Real estate. I'm happy to share my personal info with anybody through PM if someone wants to build a case to shut me up.

I'm at 1.25% with my broker of total money managed and my 5 year RoR is over 16%, 10 year is around 12%. I'm 39..25lbs overweight and NO health issues.

It's like watching American Greed and feeling sorry for these dumbass people falling for Nigerian Ponzi schemes losing $500k....like for real....if you have that kinda of money and get suckered...you deserve it.

 

[goillini52]

It's like watching American Greed and feeling sorry for these dumbass people falling for Nigerian Ponzi schemes losing $500k....like for real....if you have that kinda of money and get suckered...you deserve it.

You mean to tell me that those aren't real?

 

[DHK]

I guess I fall into the category of 'not getting it'. If they buy the term and don't invest the diference...then that's on them...not the term policy.

I have yet to see a WL or UL policy illustrated for me that showed a lower cost and better rate of return than investing in the stock market or Real estate. I'm happy to share my personal info with anybody through PM if someone wants to build a case to shut me up.

I'm at 1.25% with my broker of total money managed and my 5 year RoR is over 16%, 10 year is around 12%. I'm 39..25lbs overweight and NO health issues.

It's like watching American Greed and feeling sorry for these dumbass people falling for Nigerian Ponzi schemes losing $500k....like for real....if you have that kinda of money and get suckered...you deserve it.

Of course your 5 year ROR is great. It's been a rebound since 2008.

The DJIA is around 25,000 - 26,000. Whoop-di-do.

This video was created in January, 2012 and it claims that you would need the Dow at 27,000 in order to be on-pace for a simple 5% return AFTER inflation.



I did the math. Today, you would need the Dow at 44,400 (or higher) after inflation (3% per year) to have yielded a 5% real rate of return.

5 year ROR... is not much of a standard for a long-term wealth-building strategy.

Let's also consider that past performance does NOT consider changes in:
- Political
- Demographic
- Economic Policy
- Economic Indicators



I'm not telling you not to invest. Only that your assumptions and premise may be faulty and worth looking at.

 

[rousemark]

You mean to tell me that those aren't real?

Daydreaming about Dolly Parton again?

 

[goillini52]

Daydreaming about Dolly Parton again?

Hahaha

 

[toolbelt]

Of course your 5 year ROR is great. It's been a rebound since 2008.

The DJIA is around 25,000 - 26,000. Whoop-di-do.

This video was created in January, 2012 and it claims that you would need the Dow at 27,000 in order to be on-pace for a simple 5% return AFTER inflation.



I did the math. Today, you would need the Dow at 44,400 (or higher) after inflation (3% per year) to have yielded a 5% real rate of return.

5 year ROR... is not much of a standard for a long-term wealth-building strategy.

Let's also consider that past performance does NOT consider changes in:
- Political
- Demographic
- Economic Policy
- Economic Indicators



I'm not telling you not to invest. Only that your assumptions and premise may be faulty and worth looking at.

And if you're going to invest, its best to avoid DSC investments with exceptional high MERs, especially when factoring in the Rule of 72

 

[DHK]

And if you're going to invest, its best to avoid DSC investments with exceptional high MERs, especially when factoring in the Rule of 72

I had to look those terms up. Must be a Canadian thing, because those are the only sites that defined "DSC" and "MER".

For mutual funds, I can't think of any good reason for selling B-share mutual funds with a CDSC - contingent deferred sales charge. They are very similar to annuity surrender charges, without a 10% free withdrawal amount. A-shares are best for longer term investors (3+ years), or C-shares for short-term (1-3 years).

As far as the MER (which I couldn't get a good definition other than it's a broker or advisor fee on mutual funds)... it depends on the style of investing. If I were an investment advisor charging a management fee, I'd probably be recommending tactical asset management strategies that preserve capital in down markets, but may have limited upside potential upon rebounds. The investment "ride" would be smoother, but not necessarily get the higher returns. Either the investor is on board with that... or they're not.

The closest equivalent I could think of (and I could be wrong) is the portfolio metric R-squared. This is looking at mutual funds and seeing how much of the performance is purely market-driven versus management of the fund. I prefer a low R-squared figure because if I'm going to be paying for mutual funds, I want the funds and the fund managers to do the work, rather than just rely on the market for their returns.

I go into far more detail in my video above.

 

[Gooner]

Of course your 5 year ROR is great. It's been a rebound since 2008.

The DJIA is around 25,000 - 26,000. Whoop-di-do.

This video was created in January, 2012 and it claims that you would need the Dow at 27,000 in order to be on-pace for a simple 5% return AFTER inflation.



I did the math. Today, you would need the Dow at 44,400 (or higher) after inflation (3% per year) to have yielded a 5% real rate of return.

5 year ROR... is not much of a standard for a long-term wealth-building strategy.

Let's also consider that past performance does NOT consider changes in:
- Political
- Demographic
- Economic Policy
- Economic Indicators



I'm not telling you not to invest. Only that your assumptions and premise may be faulty and worth looking at.

Pretty sure the average in the S&P is over 10% since its inception...at you 3% inflation that makes a 7% RoR...i also put my 10 year up as well my 20 year is closer to 15%....im using averages...and you want to try and get it twisted, but I knew you would..it is your MO.

My point still stands...find me a permanent solution that can outpace 'the market'....

Your assumption is also neglectful of political, economical pressures that may occur...so don't play your fear mongering bullshit games with me...that dog don't hunt here bucko

 

[Gooner]

Of course your 5 year ROR is great. It's been a rebound since 2008.

The DJIA is around 25,000 - 26,000. Whoop-di-do.

This video was created in January, 2012 and it claims that you would need the Dow at 27,000 in order to be on-pace for a simple 5% return AFTER inflation.



I did the math. Today, you would need the Dow at 44,400 (or higher) after inflation (3% per year) to have yielded a 5% real rate of return.

5 year ROR... is not much of a standard for a long-term wealth-building strategy.

Let's also consider that past performance does NOT consider changes in:
- Political
- Demographic
- Economic Policy
- Economic Indicators



I'm not telling you not to invest. Only that your assumptions and premise may be faulty and worth looking at.

And for the love of god...please stop playing the role of CNN and posting videos of half truths as if they are hardened facts...smfh at the links you'll go to...god bless your clients for buying any of the shit that you tell them....