thank you so much it was very helpful 😀

Whole Life Insurance is the Biggest Rip-Off known to mankind!! Term Insurance is the beginning Life Insurance not Whole Life which is in reality a decreasing term policy with a savings program attached that benefits the Agent and the Insurance Company and Rips-Off the Consumer!! Why pay for Insurance when the Company keeps your Cash Value?!! Why pay into a savings account that does not start to grow until 3 years into the Policy! If you went to your neighborhood bank and deposited $100.00 per month and at the end of three years you have a negative 100% return on your money because the bank kept it for themselves, would you continue doing business with that bank?! No, then why get a whole life insurance policy does the same thing!!!! Rip-Off!!!!!!!

thanks for all the helpful videos!

thanks for the helpful videos!

Excellent Derek. just I need to know about what everybody says: the beneficiaries never receive the CV only FA. tell me something about it.

the power of compound interest Einstein quoted that Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” learn from this take advantage of it learn this how money works for you instead you working for the money paying your bills every month that suck because you'll be doing that for ever get term invest the difference don't get whole life  topic of the day it is written in the book that (WHOLE LIFE) that
Whole life is often called (PERMANENT INSURANCE) because the maturity date is (BEYOND) the life (EXPECTANCY) of most individuals. However, a close look at the policy (COMPONENTS REVEALS) that a whole life policy actually consist of a (COMBINATION) of (SAVINGS ELEMENT) (THE ADVANCING CASH VALUE) and (DECREASING) amount of (NET) insurance (WHICH IS DIFFERENCE BETWEEN THE CASH VALUE AND THE FACE AMOUNT OF NET INSURANCE PROTECTION WOULD HAVE DECLINED (ZERO) so many names for cash value (cash value) is money from money you pay taken by insurance company which they invest and give you a small % of earning of your own money put in what they call "savings" or cash value why not invest it yourself and keep all profit not just portion

10-12 years to "breakeven?"… in a 401k or ROTH IRA that could much much more depending on the returns.

Very interesting.

Buy term and invest the rest. Find a broker that knows INVESTMENTS.
Run don't walk from insurance as an investment.

excellent explanation, thank you