Prosperity Thinkers

3 concepts that make up whole life insurance

Whole Life Insurance: Making the Complex Simple

The French essayist Michel de Montaigne (1533-1592) sagely observed: “Nothing is so firmly believed as what is least known.” Although Montaigne’s comments are more than four centuries old, they still apply today—especially when the topic is cash value life insurance. In the United States, the first forms of cash value life insurance appeared around the

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Three Monkeys and a Cat

Three Monkeys and a Cat: The Truth about Picking Stocks

“A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” -Burton Malkiel, Asset manager and author of A Random Walk Down Wall Street. Who knew that Economist Burton Malkiel’s comment would be so prophetic!? Malkiel hypothesized that share prices

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Benefits of gratitude

21 Gratitude Benefits for Happiness, Health and Wealth!

“Gratitude for the present moment and the fullness of life now is the true prosperity.” Eckhart Tolle 2023 has been an unbelievable year—one with unusual challenges! In addition to the economic hardships we seem to be facing, the media floods us with information to keep us stressed and outraged. Ironically, that state of mind only

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Principles of prosperity, wealth principles. Seven economic principles.

How to Put the 7 Principles of Prosperity in Action!

At Prosperity Thinkers, the foundation of our practice is Prosperity Economics philosophy. We use the 7 Principles of Prosperity to guide our strategies and actions, and help YOU to do so, too. These principles are truths about wealth-building that have stood the test of time! We’ve identified them so that YOU can learn and adopt them for

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whole life insurance for business owners

5 Benefits of Whole Life Insurance for Business Owners, Part 2

Last week, we started the discussion about the 5 reasons whole life insurance is a good asset to have as a business owner. If you own a business—big or small—you know that there’s a unique problem set that arises financially. You have to think about things you otherwise wouldn’t, and sometimes come up with creative

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5 benefits of whole life insurance for business owners

5 Benefits of Whole Life Insurance for Business Owners (Part 1)

“Cash value life insurance plays a massive role in financial institutions, corporations and banks…. Not only does it increase their financial stability and reduce their taxes, it is an ideal place to fund employee pensions, healthcare costs, and other benefits.”– Jake Thompson, Money. Wealth. Life Insurance. Life insurance seems like a no-brainer for individuals when

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What is opportunity cost? Cartoon image of a scale with a car on one side, and a piggy bank on the other.

What is Opportunity Cost? How to Accelerate Wealth By Measuring Opportunity Cost

Are you missing chances to build your economic prosperity effortlessly? Unfortunately, many people are, simply because the financial industry does not talk about opportunity cost enough. It’s treated as an abstract concept rather than one that actually has a tangible impact on your wealth! Today, we’re answering the question: What is opportunity cost? It begins

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5 Surprising Benefits of Whole Life Insurance for Grandchildren and Children

Should you get life insurance for grandchildren? What about children? Don’t people only “need” life insurance if they have a family to support? Why do people insure their children and grandchildren, and does it make any sense to insure your heir? Not only is it possible to buy life insurance for grandchildren and children in

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