Dispelling Myths & Misconceptions in a Niche Area with Mark Willis

Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients.

[00:01 – 05:25] Understanding Life Insurance 

• Using capital as collateral
• Cash in a life insurance policy is liquid accessible 
• We could borrow against the cash value and get money from the life insurance company

[05:26 – 16:23] Common Misconceptions about Life Insurance 

• Your policy should align with your interest
• There is going to be expense when your buying life insurance policy 
• Life insurance has a slow and boring growth 
• It falls on the person who sets the policy and also takes care of it for you

[16:24 – 19:45] Finding the Right Policy

• Make sure you understand what you want your money to do
• Using the policies for payments on many other things 
• Look into the considerations and time before jumping in 

[19:46 – 23:26] Closing Segment

• Quick break for our sponsors
• The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at escapingwallstreet.com 
• What is your favourite book?
• The Lord of the Rings by J. R. R. Tolkien
• Mark Willis’s indispensable tool  
• Text Expander 
• What are you looking forward to in 2023?
• Going to Italy 

Connect with Mark Willis:

Email: https://kickstartwithmark.com/

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes          

Tweetable Quotes:

“You just have to remember that you are buying a life insurance contract for the long run” – Mark Willis