Dispelling Myths & Misconceptions in a Niche Area with Mark Willis

Published: Dec. 19, 2022, 8 a.m.

Mark Willis, CFP\xae is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients.\n\xa0\n[00:01 - 05:25] Understanding Life Insurance\xa0\nUsing capital as collateral\nCash in a life insurance policy is liquid accessible\xa0\nWe could borrow against the cash value and get money from the life insurance company\n[05:26 - 16:23] Common Misconceptions about Life Insurance\xa0\nYour policy should align with your interest\nThere is going to be expense when your buying life insurance policy\xa0\nLife insurance has a slow and boring growth\xa0\nIt falls on the person who sets the policy and also takes care of it for you\n[16:24 - 19:45] Finding the Right Policy\nMake sure you understand what you want your money to do\nUsing the policies for payments on many other things\xa0\nLook into the considerations and time before jumping in\xa0\n[19:46 - 23:26] Closing Segment\nQuick break for our sponsors\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\xa0Learn more about Personal Capital at escapingwallstreet.com\xa0\nWhat is your favourite book?\nThe Lord of the Rings by J. R. R. Tolkien\nMark Willis\u2019s indispensable tool\xa0\xa0\nText Expander\xa0\nWhat are you looking forward to in 2023?\nGoing to Italy\xa0\n\xa0\nConnect with Mark Willis:\nEmail: https://kickstartwithmark.com/\n\xa0\n\xa0\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through\xa0https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to\xa0www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\n\xa0\nTweetable Quotes:\n\u201cYou just have to remember that you are buying a life insurance contract for the long run\u201d - Mark Willis