Debunking Financial Myths: Buy Term Insurance and Invest the Difference

Debunking Financial Myths: Buy Term Insurance and Invest the Difference

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

On today's episode, Darren and Christina are debunking a popular financial myth: buy term insurance and invest the difference somewhere like the stock market. Although there is certainly a time and a place for term insurance, this is NOT the way. Check out the episode to learn why that is and Darren and Christina's advice for what you should actually be doing instead. Tune in now!

Show notes:

00:00 - Introduction

1:50 - Buy term and invest the difference: what exactly does that mean?

11:05 - The need for term insurance

14:10 - The problem with expired term insurance in retirement

19:15 - Buying term and investing the difference is NOT a real plan

21:10 - When does term insurance make sense?

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound


BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

Episoder(251)

Where You Should Be Saving Your Money | Ideal Places To Save | Unstructured Loans

Where You Should Be Saving Your Money | Ideal Places To Save | Unstructured Loans

Two episodes in one week! Darren and Christina chat about the best places to save your money and also chat about where most people are currently saving their money and why they're at a disadvantage if...

8 Sep 202213min

September Update | Will There Be Another Interest Rate Hike? | Manulife Discontinuing Disability

September Update | Will There Be Another Interest Rate Hike? | Manulife Discontinuing Disability

Darren and Christina are back for the September update! This month's update covers whether we'll see another interest rate hike, will inflation continue to rise, big news with Manulife, and a look tow...

5 Sep 202213min

Using Infinite Banking To Combat A Recession | Positioning Yourself To Take Advantage Of A Down Economy

Using Infinite Banking To Combat A Recession | Positioning Yourself To Take Advantage Of A Down Economy

In the US economy this year, they had two quarters of negative growth meaning a recession is most likely coming to Canada. When the US sneezes, Canada catches a cold and it's times like these where yo...

29 Aug 202219min

How Much Money Can I Put Into An Infinite Banking Policy? | Different Ways To Park Your Money

How Much Money Can I Put Into An Infinite Banking Policy? | Different Ways To Park Your Money

On this week's episode, Darren and Christina chat about how much money can people put into their infinite banking policies including is there limits to how much you can put in, how you get approved th...

22 Aug 202217min

Inflation Continues To Rise | Using Infinite Banking To Combat It | Projections For The Future

Inflation Continues To Rise | Using Infinite Banking To Combat It | Projections For The Future

On today's episode, Darren and Christina tackle the topic that's been on pretty much everyone's mind the past few months: INFLATION! The two discuss exactly what factors cause inflation and what that ...

15 Aug 202235min

Simeon Papailias | REC Canada | Property Investment GURU

Simeon Papailias | REC Canada | Property Investment GURU

On today's episode, Darren sits down with Simeon Papailias, co-founder of the REC Canada team which is a full service real estate sales and consulting brokerage. The two chat about how Simeon made his...

8 Aug 20221h 2min

August Update | Toronto Developer Charges Set to Rise | Rules Change for HELOCs

August Update | Toronto Developer Charges Set to Rise | Rules Change for HELOCs

On today's August Update, Darren and Christina chat about the recent news about development charges in Toronto, the rule changes to HELOCs, take a look at the current trends in the stock market, real ...

1 Aug 202212min

Holly Jespersen | Holly's Homes | Using Airbnb Rental Arbitrage For Greater Good

Holly Jespersen | Holly's Homes | Using Airbnb Rental Arbitrage For Greater Good

On today's episode, Darren and Christina sit down with the wonderful Holly Jespersen. Holly is known for her creation Holly's Homes which is a business that rents out Airbnb's to families who have sic...

25 Jul 202244min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
pengesnakk
liberal-halvtime
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
rss-markedspuls-2
finansredaksjonen
rss-pa-konto
lederpodden
rss-politisk-preik
rss-investering-gjort-enkelt
stormkast-med-valebrokk-stordalen