Prosperity Thinkers BLOG
At Prosperity Thinkers™, we have a wealth of information for you. Please take a moment to look through everything and if you have questions, please email Support@Prosperitythinkers.com.
Infinite Banking vs. The Rockefeller Method
If you’ve spent any time exploring alternative approaches to building wealth, you’ve probably encountered two ideas that seem to appear in the same conversations: Infinite Banking and the Rockefeller Method. Because both involve dividend-paying whole life insurance, many people assume they’re simply different names
9 Ways to Diversify Your Real Estate Portfolio
“You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.” Ray Dalio So you’ve conquered your local real estate market. You’ve got 6 or 8 rentals, each earning cash flow. Congratulations! Now… what
Did Your Broker Mislead You? Why Average Returns Don’t Equal Real Rates of Return
Let’s examine one of the “unintended consequences” of volatility: poor returns that don’t match expectations. There’s a dirty little secret in the financial world, and it’s this: the average rate of return doesn’t equal actual rate of return, regardless of who may have promised
Should You Pay Off Your Mortgage Early? 7 Reasons NOT to Pre-Pay Your Mortgage
Should you pay off your mortgage early, or use those additional dollars to save and invest? While the American Dream has been to own a home and pay it off completely, ideally before retirement, is that actually the best strategy? Let’s explore the benefits
Is the 15-Year Mortgage Better than the 30-Year Mortgage?
Buying a home is a major financial decision with a lot of other emotions wrapped up in the purchase. Making sure that you’re equipped with the right knowledge can help make the buying process smoother and help you for decades to come. This brings
3 Ways Funding Whole Life Insurance Creates Freedom for Life
The typical financial plan isn’t concerned with freedom for life, it’s generally built around one question: “Will I run out of money?” Yet that question starts from a place of scarcity, and how you begin matters. When scarcity is your starting point, it becomes
A Letter to My Grandchild: Why I Bought My Grandchild Life Insurance
Recently, I wrote a letter to my newborn granddaughter. The letter wasn’t about school or career choices. It wasn’t even about money in the typical sense. I wrote to explain why I bought a Whole Life insurance policy for her. To many people, that
The Banker’s Secret: Why Banks Buy Life Insurance!
Where do you save your money? For many people, the answer is “in a bank.” So it surprises people to learn that one of the places banks store and grow their cash is outside of the banking system altogether. Banks store and grow a
The Truth About Interest Rates (And How Banks Make Money)
Have you ever been told that borrowing at 4% and earning 5% is “only” a 1% difference? Here’s the part most people never hear: that 1% difference is actually a 25% return. And that one misunderstood truth explains exactly how banks make money—and how