Stock or Mutual? That is the Question- Episode 208

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the differences between Stock and Mutual Insurance Companies. In just 15 minutes you will have a better understanding of where you should invest your money for life insurance.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythnkers.com and we may answer it in an upcoming episode.

Show notes:

[00:00] Intro
[00:53] Gold as an Investment
[02:09] The Three Things That We Want Our Money to Do
[03:56] Does Gold Create Value or Solve a Problem?
[[00:00] Intro
[01:20] Should you go with a Stock company or a Mutual Company?
[01:35] Kim defines these terms
[03:23] Only 19% of life insurance companies are mutual
[03:42] 75% are stock companies, who pay stock holders first
[04:03] 6% of life insurances companies are fraternal.
[05:35] Explaining dividends.
[07:44] Cash value can never go down- aspect of choosing mutual
[13:39] Most mutual companies are over 100 years old.
[14:31] Mutual reserves are dollar for dollar
[14:45] Listener gift: Financial Planning Has Failed

Tweetables:

“The only people who are losing in the life insurance arena, are using products without guarantees.“


“Whole life may be boring, but it’s effective.“


“Only 19% of life insurance companies are mutual.“


“A good old-fashioned whole life insurance will plot along and win at the end every time.“

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