13: The Financial Planning Bubble
Manage episode 484354683 series 3639347
In this episode, I explain why typical financial planning advice has created a modern-day macro bubble where everyone is buying the same assets at any price, and how Infinite Banking is a principles-based approach that provides guarantees and control instead of relying on market variables and hope.
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- (00:00) - 117 The Financial Planning Bubble
- (00:37) - The Index Fund Mania
- (01:31) - Statistical Limitations of Market Data
- (03:57) - Problems with Typical Financial Planning
- (06:38) - Planning with Principles vs Variables
- (07:23) - Two Key Principles: Accumulation and Distribution
- (08:54) - The Unknown Danger of Dollar Cost Averaging
- (11:03) - Insurance Products as Distribution Assets
- (13:11) - Retirement Strategy Options
- (16:59) - Tying in The Infinite Banking Concept
14 episodes