How Can There Be More Than All? - Episode 150 - a podcast by Kim D. H. Butler and Spencer Shaw

Summary:

 In this episode your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about getting all the profits from a mutual life insurance company and the differences between a mutual life insurance company and a traditional stock company.

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@partners4prosperity.com and we may answer it in an upcoming episode.

Links in this Episode:

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Show Notes:

00:00 Introduction

00:30 Today’s topic: How Can There Be More Than All?

00:44 Getting all of the profits from a company you are working with

02:20 Todd explains how you get all the profits from a mutual life insurance company

03:44 The difference between a mutual life insurance company and a bank

04:22 Dividends are paid to policyholders

06:32 Why life insurance companies continuously pay dividends even when other institutions fail

09:11 How long can life insurance companies stay in business under their current model?

10:34 As a business owner do you want to be involved in something for the short run or long run?

11:42 Comparing a dividend payment from a mutual life insurance company from a regular stock company

14:34 Index policies have caps and expenses and they’re not something for nothing

Further episodes of The Prosperity Podcast

Further podcasts by Kim D. H. Butler and Spencer Shaw

Website of Kim D. H. Butler and Spencer Shaw