BankNotes Archive – October 2022

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BankNotes Articles from October 2022

Cooperatives

October 3, 2022

by L Carlos Lara There are many reasons for believing that a dividend-paying whole life insurance policy from a mutual insurance company is one of the last remaining bastions of safety and growth for our savings here in the United States. This unequivocal standard of financial supremacy is highlighted when … Read more

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The Mechanics of Policy Loans

October 3, 2022

By Robert P. Murphy One of the nicest features of whole life insurance is the ability of a policyholder to “get at his money” during the entire life of the policy, as opposed to tax-qualified investment vehicles that typically assess severe penalties for early withdrawals. Specifically, the whole life owner … Read more

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Nelson Nash’s Becoming Your Own Banker: Part V, Lesson 4: “But, I can get a higher rate of return …”

October 3, 2022

Content: Page 69, Becoming Your Own Banker © This exercise is very simple and easy to understand for most folks. Nevertheless, there are some who have a problem with it – and, of course, there are those who will never understand. To those who have difficulty I offer this exercise … Read more

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