@faithmassive: I ... By: jgilles85. on 03 Sep 10, 19:30:57 @faithmassive: I meant do yourself a favor and don't ever touch UL!
@faithmassive: Oh ... By: jgilles85. on 03 Sep 10, 19:30:32 @faithmassive: Oh God please don't yourself a favor and don't ever touch UL!
@faithmassive: $5k ... By: jgilles85. on 03 Sep 10, 19:29:43 @faithmassive: $5k a year invested monthly avg a 12% ROR in 19 years from now would be about 361,000k and the the 18k a year in the bank assuming the banks don't go above 1% will $377,000. Add the 2 together and you will have over $700k. Now if you get the forclosed home it will most likely be paid off by then even though most regular mortgages last 30 years. Depending on your wife's income and the age of your kids (assuming) that may be enough for them to survive, but will be more than 500k.
@jgilles85 I ... By: faithmassive. on 03 Sep 10, 19:26:09 @jgilles85 I appreciate your input, gl
@jgilles85 and ... By: faithmassive. on 03 Sep 10, 19:25:22 @jgilles85 and there's no reason to say I won't have a roth ira in the future as well, but a wl policy is a reasonably sound investment vehicle with a decent return. That's all I got
@jgilles85 It's ... By: faithmassive. on 03 Sep 10, 19:24:38 @jgilles85 It's tough to really say what the cash value vs the death benefit would be without the policy in front of us. I know that in the future I would probably borrow against the policy and let the DB pay back the difference, possibly purchase more Term or a GUL in the future.. I really am not sure.. all I know is that in 20 years, I will not have lost a cent on this policy and I can surrender it for what it's worth and take the cash.. I have issues saving money, this helps me.
@faithmassive: Also ... By: jgilles85. on 03 Sep 10, 19:17:31 @faithmassive: Also if you had your whole 500k in that level term policy, not only would it be cheaper, but you get it at a lower price because much like going to a store, if you buy in bulk the cost of insurance gets cheaper per thousand if it's with the same company. 500k in term would probably cost you about less than $400 a year. That $2000 plus a year you would be saving you could use to split 2 ways. Max out a Roth IRA at $5,000 a year and put the rest in the bank for easy access. Alm done
@jgilles85 let me ... By: faithmassive. on 03 Sep 10, 19:17:07 @jgilles85 let me know what you come up with. It'd be nice to get someone else's opinion from the other side as well. I guess the bottom line for me is that I want to guarantee my insurability up to the last days of life. When I die, I want my home to be paid off, I want the cars to be paid off.. I want all my investments to be liquid and matured.. AND to leave my wife & children (hypothetical) with a few million dollars.
@faithmassive: Do ... By: jgilles85. on 03 Sep 10, 19:14:13 @faithmassive: Do you realize that if you were to pass away your family wouldn't get the Cash Value? I mean they would, but then the insurance company subtracts the difference from your DB. Ex: 100k in DB 20k in CV. You die beneficiary gets 20k CV but 80k of the 100k DB. 40k in CV you die beneficiary gets 40k in CV and 60k of the 100k DB. Also inflation avg's 4% a year so it's only keeping up and if you want to take money out it's charged with somewhere between 6-8% you have to pay back
@jgilles85 I ... By: faithmassive. on 03 Sep 10, 19:12:43 @jgilles85 I purchased both policies in july 2009 and it's a 20 year term. I'm currently rooming/renting with a friend and looking for a nice foreclosure or short sale to purchase in hopefully the next 6-8 months once my lease expires.. but not positive what I want to do yet.
@faithmassive: Last ... By: jgilles85. on 03 Sep 10, 19:07:50 @faithmassive: Last couple of questions and then I can crunch some numbers. How many years before the term policy expires? What's your mortgage payment? How long do you have left on the mortgage? What's the mortgage int. rate?
@jgilles85 I ... By: faithmassive. on 03 Sep 10, 19:07:37 @jgilles85 I understand the differences, the fact of the matter is that I will not lose money on my whole life policy, it's a decent hedge against inflation long term and I have a lot of extra cash so why not include it as a part of my overall investment strategy. It is not for everyone and I don't recommend anyone stretching themselves financially to have WL vs. Term. BUT, if the extra few hundred a year won't hurt you in the least then I say go for it.
@jgilles85 it's ... By: faithmassive. on 03 Sep 10, 19:04:49 @jgilles85 it's level term and I believe I pay $320 annually, the whole is about $2400 yearly for super preferred
@faithmassive: ... By: jgilles85. on 03 Sep 10, 18:56:38 @faithmassive: Slamming Whole Life doesn't make sense? Ok, how much does your $100k in Whole Life cost a month compared to your $400k in term? Oh and is that a level term?
@jgilles85 gives me ... By: faithmassive. on 03 Sep 10, 18:51:59 @jgilles85 gives me a good reason to. Plus, in 11 years from now, if I decide I don't want it I can surrender the policy and recoup the premiums I paid.. there are other investments to be made but slamming whole life does not make sense at all.
@jgilles85 I'm not ... By: faithmassive. on 03 Sep 10, 18:51:00 @jgilles85 I'm not married or even dating anyone lol. I'm just thinking hypothetically for the future. Let's say I never get married.. but I am 25 and I decide to convert my 400k in term to whole life. According to my policy it is possible that my net cash value will double compared to what I pay premium wise by the time I am 50. With the state guarantee insuring this policy against insolvency of the insurance company, what is there to worry about? Plus I am not great at saving.. so this
@faithmassive: So ... By: jgilles85. on 03 Sep 10, 18:46:49 @faithmassive: So are you married with kids & a home or do you just plan on having those things?
ued.. something as ... By: faithmassive. on 03 Sep 10, 18:42:59 ued.. something as a gift. I especially don't want my wife having to worry about finances when I pass.. and what if I don't get married till I'm 35?? My kids could be 10-15 years old when I die, insurance is for the unforeseen. Also, with whole life insurance producing a 4-4.5% return, higher than cd's and money markets, how does this not make sense? I don't recommend you put even 25% of your assets in whole life but you should have it. Dave doesn't believe in giving your children somethig?
Is it me or does ... By: faithmassive. on 03 Sep 10, 18:40:58 Is it me or does what Dave says does not really make sense for the average family especially in these economic times? Who is to say that 5 years from now I don't have to file bankruptcy and foreclose on my home? I am 25 years old and have 100k in whole life and 400k in term. Reason being, #1 I am insured for life, #2 I can convert my 400k in term to whole life in the future if I want to and #3, heaven forbid that I do die, I want to be able to give my "20 something year old" children.. contin
@insurancemike10: ... By: jgilles85. on 03 Sep 10, 12:26:08 @insurancemike10: IllegalMichelle you are stupid to admit you've been slayed. In your exact words "I'm slayed" It was you who spammed my posts!
@jgilles85 wow, ... By: insurancemike10. on 03 Sep 10, 03:30:39 @jgilles85 wow, Jgillie once again went back to his post and "spamed" them so you all can't see his big mistakes!!! What a tool. I'm slayed you once again!! It's getting scary how easy this is
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 21:00:03 @insurancemike10: IllegalMichelle you're the best! Thank you so much for giving me the source to prove what a liar and a crook you are! These are the real figures from the source you gave me as of June 30, 2010
JP Morgan Chase Life insurance assets 0
Citibank Life insurance assets 4,363,000
TD National Association Life insurance assets 1,249,901
TD Bank USA, National Association Life insurance assets 0?
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:55:33 @insurancemike10: What have I ever said about Primerica's term that is a lie? You should lose your licensce if you still even have it, because you lie about WL insurance! You lie about everything you post and the only times you do provide a legitimate source I use it to prove you wrong, because your so stupid!
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:53:48 @insurancemike10: No asshole you that's not what I've been telling any of my clients! I don't deal with 401k's to begin with idiot, because I'm not their employer! That's why I didn't know that right away so that has nothing to do with my license! Second you're an idiot, because you can't prove my calculations are wrong, because I never gave you all the variables! When are you gonna get that?! Also you're a dumb ass, because I do know the income limits to a Roth and I don't lie about insurance!
Video duration: 216 seconds
Global video hits: 8932
How Life Insurance (a very specific type) can be Safer, More Liquid and have a Higher Rate of Return than other investments. Try Missed Fortune, Equity Index Universal Life, www.CSPFinancialGrou p.us
Index Universal ... By: BSIRCF2000. on 01 Sep 10, 21:45:48 Index Universal Life is the way to go. Protection against market crash and opportuniity to ride market upswings. Plus Tax-free retirement income.
www2.fdic.gov/idasp ... By: insurancemike10. on 01 Sep 10, 15:37:20 www2.fdic.gov/idasp/main.asp
Here you go - The ... By: insurancemike10. on 01 Sep 10, 13:38:13 Here you go - The following banks ALL own WL insurance - numbers are the Cash Values:
Citibank (Primeria's affiliate) - $4,363,000,000 as of June 30, 2010
JP MorganChase - $9,500,000,000
TD - 1,249,901,000
Hmmmmmmmmmmmmm!!!!! Schooled Again!!!!!
@insurancemike10: ... By: bond519. on 25 Aug 10, 01:32:38 @insurancemike10: What is the matter illegal michelle. You can't beat me on the other video so you come on this one and spew your trash advice?
@insurancemike10 ... By: probslpwtyormama. on 25 Aug 10, 00:51:39 @insurancemike10 actually YOU DON'T DEBATE THINGS YOU ARE TOO STUPID TO KNOW ABOUT!! LIKE INVESTMENTS OR INSURANCE POLICIES AND HOW THEY ACTUALLY WORK. NOT YOUR DREAM WORLD SEMINAR TEACHINGS. OWNED !!
@escobar103182 ... By: insurancemike10. on 23 Aug 10, 23:16:14 @escobar103182 Typical curse laden reply from a GED degree holding primerica agent. Don't bother I don't debatte morons.
@insurancemike10 ... By: escobar103182. on 23 Aug 10, 19:09:29 @insurancemike10 sorry for the late reply, i was busy working n having a life before my vacation... I will get back to this as soon as i get back, im sure u wont miss me, since u'll prob b masturbating to porn all this time. and NO i dont believe in Life Ins after Kids are out of the house, House is paid off and debt is gone, because by that time Invstm should've already matched or bypassed the DB of the term policy, so if one of the spouses dies I doubt there will be any economic stress
@escobar103182 You ... By: insurancemike10. on 21 Aug 10, 15:02:10 @escobar103182 You don't believe in life insurance beyond 30 years? Wow ever hear of estate planning? Wealth transfer? Legacy planning? Special needs trusts? Life INS passes tax and probate free. Poor advice. As for investing the diff? Please no on is comparing cv life to the market but it does do 5% tax free and provides a solid base. The maker avearage 9 but after taxes and fees nets most less than 4. Look up real rate of return v actual
@escobar103182 Its ... By: insurancemike10. on 21 Aug 10, 14:58:02 @escobar103182 Its right on the front page of the illustration. Rates are ONLy guaranteed 20 years. I have one if you'd like to see it.
@insurancemike10 .. ... By: escobar103182. on 21 Aug 10, 07:21:36 @insurancemike10 ..........4th, we don't believe in renewal that's y we teach ppl 2 Inv their $ in MF which will offer a better rate of return than any CV policy by the time policy expires they dont need 2 renew or pay for a policy for the rest of their life, just like a Personal trainer can teach someone how to lose weight not everyone will follow through
@insurancemike10 ... By: escobar103182. on 21 Aug 10, 07:19:09 @insurancemike10 First of all I couldn't find anywhere what u stated, so if you can state your sources. 2nd, 30yr tm is 30yr tm not 20 yr, I don't know where you get that from. 3rd I have to agree with you that Primerica doesn't have the cheapest rates in town no one ever said we did. ..............
@escobar103182 A ... By: insurancemike10. on 21 Aug 10, 05:36:09 @escobar103182 A University of Penn study proves that less that 2% of term EVER results in death claims. But answer this, Why does Primerica charge unisex rates? The impact to female rates is off the charts!!! And the male rates are amoung the highest? Why do you charge 14% to pay monthly? Why is your 30 year term ONLY guaranteed for 20 yrs? Why do you NOT illustrate your renewal premiums? Why does Primerica have a 12.3 lapse rate, about 3x that of the industry average? Please tell us!!!
@probslpwtyormama ... By: escobar103182. on 21 Aug 10, 03:34:48 @probslpwtyormama true... hahaha
@insurancemike10 ... By: probslpwtyormama. on 20 Aug 10, 22:19:47 @insurancemike10 WOW "term never pays a claim" WOW, IS THAT WHAT THEY TEACH YOU IN YOUR SEMINARS? you are a lying idiot !!
@escobar103182 the ... By: probslpwtyormama. on 20 Aug 10, 22:15:58 @escobar103182 the bad experience he get's is primerica agents schooling him all the time.
@probslpwtyormama ... By: escobar103182. on 20 Aug 10, 19:59:10 @probslpwtyormama hes a stupid Fck who doesnt know what hes talkin bout, he oviously had a bad experience with this subject that caused him to react this way
@insurancemike10 ... By: escobar103182. on 20 Aug 10, 19:57:12 @insurancemike10 lies? please, Ive seen Primerica pay more claims than i would want to, and im proud to represent Primerica, all ur doing is talkin smack, thats all u know how to do, i dont need to call u an idiot to show u that u are, u do it to ur self. get some insurance experience and get securities licenced and then well talk, bcuz even securites talks about WL, UL and VULs, dumb ass
@escobar103182 ... By: insurancemike10. on 20 Aug 10, 19:39:53 @escobar103182 Clearly u are a moron and just another primerica agent spreading lies. Dave Ramsey? Please. Ps. U get both you idiot? You never get the term db because it never pays a claim!!! No need to reply. Tired of delaying mindless fools.
@escobar103182 ya ... By: probslpwtyormama. on 20 Aug 10, 19:27:54 @escobar103182 ya mikey will not answer any questions that involve substance. he will just rant and rave about nothing.
@insurancemike10 ... By: escobar103182. on 20 Aug 10, 18:53:11 @insurancemike10 why should u have to "choose to get both" isn't it then ur money? with "Option B" ur just over paying to get what ur "supposed" to get, while "Option A" only gives u death benefit OR Cash Value Not both, how do u feel about getting only 1 of what ur payin for both? and how do u feel about paying MORE to have ur beneficiary get both? doesnt make any sense, watch DAVE RAMSEY and get educated.
@probslpwtyormama ... By: escobar103182. on 20 Aug 10, 18:44:31 @probslpwtyormama haha, yes he does, haha
@insurancemike10 ... By: probslpwtyormama. on 20 Aug 10, 18:26:34 @insurancemike10 you drunken fool, you post when you are hammered that explains it !!
@escobar103182 ... By: probslpwtyormama. on 20 Aug 10, 13:49:47 @escobar103182 mikey is so funny, he owns policies from 2 of the worst companies lol.
@insurancemike10 ... By: probslpwtyormama. on 20 Aug 10, 13:48:48 @insurancemike10 what does "signicantlybhigher" mean ? the only thing that gets "high "is you burgermikey.
@escobar103182 ... By: insurancemike10. on 20 Aug 10, 08:52:47 @escobar103182 Youvare now twisting things. In whole life the cash buys additional life coverage so the db will be signicantlybhigher than the original face!! In UL you can choose option two and get the base db plus the cash. Stop lying
Just great :) By: roiblop. on 02 Sep 10, 10:21:00 Just great :)
IMHO, this is the ... By: TheWonderfulWombat. on 21 Aug 10, 05:11:41 IMHO, this is the best thing MP have ever done. It's hilarious and clever.
shame that ... By: acerflots. on 17 Jul 10, 18:15:35 shame that everything is too fast
I think this was ... By: TylerRVG. on 13 Jun 10, 16:52:13 I think this was the best part of the film, who agrees?
i dont think its ... By: talleyho12. on 26 Sep 09, 00:37:55 i dont think its that funny but danm its thrilling and the score is hella ball to the wall badass
Where's the funny? By: geffeI. on 24 Jul 09, 15:39:18 Where's the funny?
only monty python ... By: nicoletje111. on 28 Jun 09, 08:14:33 only monty python could've made this up xD
lol, the world is ... By: Lightness9363. on 21 Jun 09, 16:47:16 lol, the world is flat...
Best short ever!
... By: REturnon. on 25 Apr 09, 05:26:27 Best short ever!
Still has me busting a hernia with laughter. Bet a lot of bankers would commiserate with the "reasonably violent" measures the Crimson Permanent Assurance take against international finance. Its even more relevant today than ever before.
"And you, put the ... By: lieutenanterrrrrrrr. on 03 Apr 09, 18:13:10 "And you, put the kettle on!"
Random!!!! but it's ... By: Roselize21. on 02 Apr 09, 18:46:38 Random!!!! but it's pure GENIUS!!!!!!!!!
brilliant!! :D By: grimorij. on 02 Feb 09, 18:15:34 brilliant!! :D
It really for tells ... By: clarinetchum. on 29 Jan 09, 13:29:31 It really for tells the uprising of Old Men!!!!!
This the most epic ... By: Basspelarn. on 07 Jan 09, 21:26:36 This the most epic tale of all time!xD
I love this so much ... By: xeractus. on 19 Nov 08, 23:15:27 I love this so much!
The imagination ... By: spaz01112. on 08 Nov 08, 15:17:20 The imagination involved in this film is flawless.
omfg i searched ... By: jesseymsi. on 23 Oct 08, 14:48:19 omfg i searched this sketch for like 100000 years, finally lol
actually it comes ... By: genericdefault. on 18 Oct 08, 03:45:36 actually it comes into play later in the movie
This has to be one ... By: mirado72. on 19 May 08, 19:28:13 This has to be one of the best parts of the movie. And yet it has absolutely nothing to do with anything! XDXD
This has to be one ... By: JynxHeureux. on 24 Mar 08, 20:50:37 This has to be one of the best parts of the movie. And yet it has absolutely nothing to do with anything! XDXD
This has to be one ... By: JynxHeureux. on 24 Mar 08, 20:50:36 This has to be one of the best parts of the movie. And yet it has absolutely nothing to do with anything! XDXD
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I get the feeling ... By: operacute. on 06 Nov 09, 17:17:20 I get the feeling that this water therapy thing is the same as having a colonic irrigation. A session costs £45-£55 in the UK. I am amazed at how some people try to sell you something as if it's new...therapists sells the kits, so you can do it yourself -or with help- at home, and as I understand it, there is no need for a "monthly kit". I can't understand how there is a patent pending when this kind of therapy has been around since XVIII! (Just modernised, of course)
What you heard was ... By: RoyAbell1. on 23 Oct 09, 20:01:57 What you heard was my natural voice. Unfortunately I was using a respirator that hits me hard and may perhaps distort my voice. Everything in that video is 100% fact. The big belly person was a Mexican who checked into the University of Chicago emergency room and that is the results before 1 hour. It is very sad to me when I tried to help people and they are really not interested. Roy Abell
My comment will not ... By: Shesnoin. on 23 Oct 09, 19:48:42 My comment will not last long so hope it saves someone from falling into this fake. I have severe bowel probelms so watched this. The before and after people have different skin colourings, thier legs have different shapes etc. Whatever they are trying to sell you don't buy into it - I want a solution other than the one's I have but this is not it. A fake voice does not represent anything near something you should ever ever go near. Why contort a voice unless they have something to hide.
Don't anyone fall ... By: Shesnoin. on 23 Oct 09, 19:43:18 Don't anyone fall into this - why contort your voice if what you were saying was true - this is shit - and not the kind we want big time -.
how much would it ... By: 816iamsun1. on 03 Aug 09, 11:46:13 how much would it cost if i had to pay and for how long does the treatment take?
I believe that our ... By: RoyAbell1. on 05 Jun 09, 19:01:08 I believe that our product would be a major benefit for you and could possibly solve your problems for your lifetime. Do you have insurance? Insurance will normally pay for the product and the monthly supplies if you have private insurance. Roy Abell
i can only have a ... By: 816iamsun1. on 04 Jun 09, 23:29:27 i can only have a movement once a week since i was young and never had any problems but now am starting to have pain in my stomarch am 27yrs and doctors seem not to have a solution for this.Can you advice me on what to do about my problem,thanks...!!
@insurancemike10: ... By: bond519. on 04 Sep 10, 05:10:29 @insurancemike10: Banks are experts at money? You should be a comedien. IllegalMichelle, just when I think that you have reached the highest level of stupidity you prove that there is still a higher lever yet of stupidity. You definetly raise the stupidity bar.
@probslpwtyormama: ... By: jgilles85. on 04 Sep 10, 03:07:40 @probslpwtyormama: Michelle's not smart enough to figure it out and doesn't have the balls to respond. Watch she'll start up something else!
@insurancemike10 ... By: probslpwtyormama. on 03 Sep 10, 15:40:21 @insurancemike10 what is better for a widow and 3 kids ? 1) 50,000$ or 2) 350,000 ? this is not a trick question,you should get it right.
@insurancemike10: ... By: jgilles85. on 03 Sep 10, 12:22:23 @insurancemike10: Yes IllegalMichelle the banks are experts on money, but do they use their expertise to help people or screw them? Do you even know how banks make their money? The only thing too easy is schooling you!
@insurancemike10: ... By: jgilles85. on 03 Sep 10, 12:20:12 @insurancemike10: Hey dick? Wow IllegalMichelle I guess I am what your don't have! Citi Bank ins't Primerica's daddy you idiot! It's our former sister company and the way they do things has nothing to do with Primerica! Just to update your stupid ass Primerica is no longer part of Citi!
@jgilles85 Yeah you ... By: insurancemike10. on 03 Sep 10, 03:24:45 @jgilles85 Yeah you must be a tool, if a bank - who are basically experts at money - buy this stuff it must not be good for the common folk???? Are you for real? Don't you get it, do what the rich do in whatever level you can and you will be increase your wealth. This is too easy
Wow I see Jgille ... By: insurancemike10. on 03 Sep 10, 03:22:51 Wow I see Jgille once again misrepresented fact - JPmorgan "national" has over 9,500,000,000 of cash value, and much much more in DB!! Thanks for once again proving my points!!!
@jgilles85 Hey dick ... By: insurancemike10. on 03 Sep 10, 03:19:43 @jgilles85 Hey dick, why don't you reply to the facts in front of you, how about explaining why CitiBank, your daddy, has so much whole life?
@probslpwtyormama: ... By: bond519. on 02 Sep 10, 03:31:40 @probslpwtyormama: I copied and pasted the link and it came up not available. I did find the website and proved Michelle wrong again because my bank does not have any life insurance at all in its assets so again IllegalMichelle you have been proven a liar. Looks like you are the fool tool.
@bond519 you mean ... By: probslpwtyormama. on 02 Sep 10, 03:27:38 @bond519 you mean you could not "google it" lol mikey is upset , his dreams of getting promoted to drive thru are not looking good......burger king is up for sale.
@insurancemike10: ... By: bond519. on 02 Sep 10, 01:07:39 @insurancemike10: IllegalMichelle you really are a looser. Just another internet link that doesn't work you idiot.
@insurancemike10: ... By: bond519. on 01 Sep 10, 21:40:36 @insurancemike10: What is comforting is that we can all rely on you getting your facts wrong. As usual you come up with idiotic facts that don't pertain to the posts. But we all know that you don't know shit and you just proved it again.
@insurancemike10: ... By: bond519. on 01 Sep 10, 21:24:27 @insurancemike10: Of course you proove this don't you? Yeah right. At least you admit that you have been schooled again.
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:49:04 @insurancemike10: Oh yeah and ps Primerica has also been in the Wall Street Journal!
@insurancemike10: A ... By: jgilles85. on 01 Sep 10, 20:48:27 @insurancemike10: A person's needs are different than a bank's needs so this is a shitty comparison to start with! But thanks anyway for allowing me to prove what a tool you are, by giving the link just like with innovative underwriters! In your words you are such a tool!
@insurancemike10: I ... By: jgilles85. on 01 Sep 10, 20:46:34 @insurancemike10: I never said no bank owned cash value insurance, but IllegalMichelle lied that all banks own Cash Value insurance! 2 of the ones he/she listed have none and the other 2 he/she added about another 3 zero's to the real numbers! The fact is banks make their money by giving people low rates and lending at higher rates. Do you think a bank will give you the best financial advise? When their jobs depend upon keeping you in debt! Besides banks aren't people with families!
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:41:56 @insurancemike10: IllegalMichelle you're the best! Thank you so much for giving me the source to prove what a liar and a crook you are! These are the real figures from the source you gave me as of June 30, 2010
JP Morgan Chase Life insurance assets 0
Citibank Life insurance assets 4,363,000
TD National Association Life insurance assets 1,249,901
TD Bank USA, National Association Life insurance assets 0
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:20:09 @insurancemike10: IllegalMichelle you misrepresent all of finance! Sell only mutual funds? What are mutual funds? They're a combination of stocks, bonds, cd's and other investments! So how is the combination of all other funds the lowest form? If anything mutual funds are superior dip shit!
@insurancemike10: ... By: jgilles85. on 01 Sep 10, 20:15:17 @insurancemike10: IllegalMichelle I knew you didn't have the balls to answer! If your gonna talk shit about our mutual funds then prove you even know who's mutual funds they are! I tell you why you won't answer the question, because you don't know whose mutual funds they are and are lying about them being over priced! You have no proof of that! You also couldn't tell me how many WL policies pay out, because you don't know shit about insurance either!
www2.fdic.gov/idasp ... By: insurancemike10. on 01 Sep 10, 14:55:21 www2.fdic.gov/idasp/main.asp
Here you go - The ... By: insurancemike10. on 01 Sep 10, 13:35:06 Here you go - The following banks ALL own WL insurance - numbers are the Cash Values:
Citibank (Primeria's affiliate) - $4,363,000,000 as of June 30, 2010
JP MorganChase - $9,500,000,000
TD - 1,249,901,000
Hmmmmmmmmmmmmm!!!!! Schooled Again!!!!!
@jgilles85 Why ... By: insurancemike10. on 01 Sep 10, 13:35:00 @jgilles85 Why would I have to tell you who you broker investments through. And please spare us, you only sell mutual funds
@bond519 It's ... By: insurancemike10. on 01 Sep 10, 13:33:56 @bond519 It's comforting to know that you have just stated that Ramsey and Orman are a more reliable source that the Wall Street Journal!!!! Ramsey and orman draw their audience from ave incomes of about 45K and the WSJ from about 150+K - You are such a tool!!!
@jgilles85: The sad ... By: bond519. on 01 Sep 10, 03:59:30 @jgilles85: The sad fact is that the Wall Street Journal is still a newspaper and they will report the news both good and bad. The WSJ will jump on the wrong bandwagon of these permanent Insurance selling crooks. The nice thing is that Primerica, Dave Ramsey and Suze Orman all stay talking about what they believe in unlike crooks like IllegalMichelle that doesn't have a fricking clue of what they stand for because they only stand for one thing, screwing the customers.
@insurancemike10: ... By: bond519. on 04 Sep 10, 22:48:10 @insurancemike10: Mikey, You must not be able to read because you don't read other posts. Maybe before you show any more of your stupidity you should read the posts again. Now read this Michelle, Even if Citi owns some shit insurance doesn't mean that it is the right thing for people. It doesn't have ANY reflection of Primerica, Good God you should realize that because you are the stupidist agent here on YT because every Primerica rep absolutely kicks your ass and you don't realize it.
@insurancemike10: ... By: bond519. on 03 Sep 10, 23:09:10 @insurancemike10: Mikey, Mikey Mikey, Or shall I say Michelle, Michelle, Michelle Why are you stuck on such stupid crap? Oh that is right, You are stupid!!!!!
@jgilles85 mikey, ... By: probslpwtyormama. on 03 Sep 10, 20:46:07 @jgilles85 mikey, the "ULTIMATE USELESS TOOL"
@insurancemike10: ... By: jgilles85. on 03 Sep 10, 17:21:12 @insurancemike10: IllegalMichelle you're a moron! Primerica isn't part of Citi. We went public 5 months ago stupid, so it is you who has been schooled!
@jgilles85 Citi is ... By: insurancemike10. on 03 Sep 10, 13:19:34 @jgilles85 Citi is the one with all that life insurance - Tool Boy - Look move on you've been schooled. Too easy and too funny!!!
@insurancemike10: ... By: jgilles85. on 03 Sep 10, 12:32:46 @insurancemike10: Thanks for proving you don't know shit about Primerica or Citi! IllegalMichelle Primerica doesn't have a daddy company! Even when we did it wasn't Citi Bank! Citi was the parent company, Citi Bank was a sister company. You don't hvae a clue!
@jgilles85 Satelite ... By: insurancemike10. on 03 Sep 10, 02:10:09 @jgilles85 Satelite offices? Please!!!! Maybe just maybe some death benefits were paid? Hmmmmm!!! Loser I win again. What about Citibank, You Daddy company? What about them?
@jgilles85 wow ... By: probslpwtyormama. on 03 Sep 10, 00:53:16 @jgilles85 wow leafsrule72 IS THE MAN !!!
@insurancemike10 ... By: probslpwtyormama. on 03 Sep 10, 00:48:58 @insurancemike10 ALL HAIL LEAFSRULE72 !! the man the myth the legend !! finally a trash value agent who spreads the truth !!
@insurancemike10: ... By: jgilles85. on 02 Sep 10, 21:15:36 @insurancemike10: Pal? You should be a comedian, because you are funny!
I would never be pals with such a loser! Anyway I proved that you're lying. There is JPMorgan Chase National assoication bank which owns 9,529,000 cash value
ins. which used to own 11,192,000 a year ago. That means they got rid of some
or lost money on it. Then there's and JP Morgan Chase Bank Dearborn which
owns no cash value ins. thanks dork for the link you gave me!
So boys how much ... By: insurancemike10. on 02 Sep 10, 20:26:28 So boys how much whole life does your bank own? Jgillie proved that JPMorgan Chase owns in excess of 9,500,000,000 of cash value!!! Thanks for that pal!!!
@jgilles85 you have ... By: probslpwtyormama. on 02 Sep 10, 16:08:36 @jgilles85 you have to admit, mickey is one of the dumbest trash value guys on here.
@probslpwtyormama: ... By: jgilles85. on 02 Sep 10, 15:07:12 @probslpwtyormama: I know what you mean it's almost pointless to post facts to someone that makes up their own shit! Although we want to show their stupidity, they do a good enough job of that on their own. I think that's why Bond just calls them what they are. Crooks and chicken shit agents!
@probslpwtyormama: ... By: jgilles85. on 02 Sep 10, 15:05:03 @probslpwtyormama: I bet he's never heard of Yahoo Finance! Also you're right Michelle isn't a tool, because tools are good for something! Actually Michelle is a tool! He/she is the tool that we use to beat up like a punching bag! LOL
@jgilles85 ya i ... By: probslpwtyormama. on 02 Sep 10, 14:54:14 @jgilles85 ya i used to do the long post to wodendog aka mickey,then i got tired of posting the same facts all the time,they are morons who just make stuff up .notice mikey never answers a question. i ask stuff he can't "google" and he gets all mad lol.hell he was to stupid i was telling him to google "GOOGLE" ABOUT HOW IT HAS DONE SINCE IT'S IPO. he couldn't figure it out lol.
@probslpwtyormama: ... By: jgilles85. on 02 Sep 10, 06:01:41 @probslpwtyormama: IllegalMichelle is such a chicken shit, because he/she twists everything around! Like were stupid enough to turn on each other when we have his/her ass to kick around! I believe that Bond is the most knowledgeable agent on yt and I'm not kissing his ass or anything I just believe that based on his posts!
@insurancemike10 ... By: probslpwtyormama. on 02 Sep 10, 01:10:48 @insurancemike10 check out the article of the top investment services in the industry 2009. in the investment executive.primerica #1
@insurancemike10 ... By: probslpwtyormama. on 01 Sep 10, 21:09:21 @insurancemike10 thanks for proving once again your silence shows your stupidity.
@jgilles85 what ... By: probslpwtyormama. on 01 Sep 10, 19:34:59 @jgilles85 what would you rather be? 1) place last in the special olympics? or 2 ) sell trash value for a living? I 'll take last place,at least i will get a ribbon. lol
@insurancemike10 ... By: probslpwtyormama. on 01 Sep 10, 19:24:19 @insurancemike10 ignorance? all he said was Bond spends way to much time schooling you.after all you failed my class with an F-.I really don't have the patience to post to some burger flipping loser all day. hey what does "cumulative" mean?
@probslpwtyormama ... By: insurancemike10. on 01 Sep 10, 19:08:39 @probslpwtyormama Thanks for once again showing your ignorance!!! Even Jgillie threw you down recently in a post. How's that feeling!!!!
@insurancemike10 ... By: probslpwtyormama. on 01 Sep 10, 18:19:38 @insurancemike10 great article in "smart money" on how term beats trash value insurance in every way. look it up, BTW SORRY ABOUT YOUR DRIVE THRU GIG.
@insurancemike10 ... By: probslpwtyormama. on 01 Sep 10, 16:29:10 @insurancemike10 wow, so that means trash value is good for families? because banks own it? NO.............SO SCHOOLED !!
@jgilles85 You ever ... By: insurancemike10. on 01 Sep 10, 14:53:35 @jgilles85 You ever hear of executive benefit plans? Most executives have retirement plans that go above and beyond pension limits - they are called executive benefit plans, Supplemental Executive Retirment Plans, Deferred Comp, Exe. Bonus, and on and on - ALL of which is funded with good old fashion Whole Life!!! Eat Crow dude - the ulitimate schooling!!!
![What\](http://i.ytimg.com/vi/ldpxok3mhyY/2.jpg "What\")
Latest comments made on this video:
By: jgilles85. on 03 Sep 10, 19:30:57
@faithmassive: I meant do yourself a favor and don't ever touch UL!
By: jgilles85. on 03 Sep 10, 19:30:32
@faithmassive: Oh God please don't yourself a favor and don't ever touch UL!
By: jgilles85. on 03 Sep 10, 19:29:43
@faithmassive: $5k a year invested monthly avg a 12% ROR in 19 years from now would be about 361,000k and the the 18k a year in the bank assuming the banks don't go above 1% will $377,000. Add the 2 together and you will have over $700k. Now if you get the forclosed home it will most likely be paid off by then even though most regular mortgages last 30 years. Depending on your wife's income and the age of your kids (assuming) that may be enough for them to survive, but will be more than 500k.
By: faithmassive. on 03 Sep 10, 19:26:09
@jgilles85 I appreciate your input, gl
By: faithmassive. on 03 Sep 10, 19:25:22
@jgilles85 and there's no reason to say I won't have a roth ira in the future as well, but a wl policy is a reasonably sound investment vehicle with a decent return. That's all I got
By: faithmassive. on 03 Sep 10, 19:24:38
@jgilles85 It's tough to really say what the cash value vs the death benefit would be without the policy in front of us. I know that in the future I would probably borrow against the policy and let the DB pay back the difference, possibly purchase more Term or a GUL in the future.. I really am not sure.. all I know is that in 20 years, I will not have lost a cent on this policy and I can surrender it for what it's worth and take the cash.. I have issues saving money, this helps me.
By: jgilles85. on 03 Sep 10, 19:17:31
@faithmassive: Also if you had your whole 500k in that level term policy, not only would it be cheaper, but you get it at a lower price because much like going to a store, if you buy in bulk the cost of insurance gets cheaper per thousand if it's with the same company. 500k in term would probably cost you about less than $400 a year. That $2000 plus a year you would be saving you could use to split 2 ways. Max out a Roth IRA at $5,000 a year and put the rest in the bank for easy access. Alm done
By: faithmassive. on 03 Sep 10, 19:17:07
@jgilles85 let me know what you come up with. It'd be nice to get someone else's opinion from the other side as well. I guess the bottom line for me is that I want to guarantee my insurability up to the last days of life. When I die, I want my home to be paid off, I want the cars to be paid off.. I want all my investments to be liquid and matured.. AND to leave my wife & children (hypothetical) with a few million dollars.
By: jgilles85. on 03 Sep 10, 19:14:13
@faithmassive: Do you realize that if you were to pass away your family wouldn't get the Cash Value? I mean they would, but then the insurance company subtracts the difference from your DB. Ex: 100k in DB 20k in CV. You die beneficiary gets 20k CV but 80k of the 100k DB. 40k in CV you die beneficiary gets 40k in CV and 60k of the 100k DB. Also inflation avg's 4% a year so it's only keeping up and if you want to take money out it's charged with somewhere between 6-8% you have to pay back
By: faithmassive. on 03 Sep 10, 19:12:43
@jgilles85 I purchased both policies in july 2009 and it's a 20 year term. I'm currently rooming/renting with a friend and looking for a nice foreclosure or short sale to purchase in hopefully the next 6-8 months once my lease expires.. but not positive what I want to do yet.
By: jgilles85. on 03 Sep 10, 19:07:50
@faithmassive: Last couple of questions and then I can crunch some numbers. How many years before the term policy expires? What's your mortgage payment? How long do you have left on the mortgage? What's the mortgage int. rate?
By: faithmassive. on 03 Sep 10, 19:07:37
@jgilles85 I understand the differences, the fact of the matter is that I will not lose money on my whole life policy, it's a decent hedge against inflation long term and I have a lot of extra cash so why not include it as a part of my overall investment strategy. It is not for everyone and I don't recommend anyone stretching themselves financially to have WL vs. Term. BUT, if the extra few hundred a year won't hurt you in the least then I say go for it.
By: faithmassive. on 03 Sep 10, 19:04:49
@jgilles85 it's level term and I believe I pay $320 annually, the whole is about $2400 yearly for super preferred
By: jgilles85. on 03 Sep 10, 18:56:38
@faithmassive: Slamming Whole Life doesn't make sense? Ok, how much does your $100k in Whole Life cost a month compared to your $400k in term? Oh and is that a level term?
By: faithmassive. on 03 Sep 10, 18:51:59
@jgilles85 gives me a good reason to. Plus, in 11 years from now, if I decide I don't want it I can surrender the policy and recoup the premiums I paid.. there are other investments to be made but slamming whole life does not make sense at all.
By: faithmassive. on 03 Sep 10, 18:51:00
@jgilles85 I'm not married or even dating anyone lol. I'm just thinking hypothetically for the future. Let's say I never get married.. but I am 25 and I decide to convert my 400k in term to whole life. According to my policy it is possible that my net cash value will double compared to what I pay premium wise by the time I am 50. With the state guarantee insuring this policy against insolvency of the insurance company, what is there to worry about? Plus I am not great at saving.. so this
By: jgilles85. on 03 Sep 10, 18:46:49
@faithmassive: So are you married with kids & a home or do you just plan on having those things?
By: faithmassive. on 03 Sep 10, 18:42:59
ued.. something as a gift. I especially don't want my wife having to worry about finances when I pass.. and what if I don't get married till I'm 35?? My kids could be 10-15 years old when I die, insurance is for the unforeseen. Also, with whole life insurance producing a 4-4.5% return, higher than cd's and money markets, how does this not make sense? I don't recommend you put even 25% of your assets in whole life but you should have it. Dave doesn't believe in giving your children somethig?
By: faithmassive. on 03 Sep 10, 18:40:58
Is it me or does what Dave says does not really make sense for the average family especially in these economic times? Who is to say that 5 years from now I don't have to file bankruptcy and foreclose on my home? I am 25 years old and have 100k in whole life and 400k in term. Reason being, #1 I am insured for life, #2 I can convert my 400k in term to whole life in the future if I want to and #3, heaven forbid that I do die, I want to be able to give my "20 something year old" children.. contin
By: jgilles85. on 03 Sep 10, 12:26:08
@insurancemike10: IllegalMichelle you are stupid to admit you've been slayed. In your exact words "I'm slayed" It was you who spammed my posts!
By: insurancemike10. on 03 Sep 10, 03:30:39
@jgilles85 wow, Jgillie once again went back to his post and "spamed" them so you all can't see his big mistakes!!! What a tool. I'm slayed you once again!! It's getting scary how easy this is
By: probslpwtyormama. on 02 Sep 10, 15:01:35
@insurancemike10
By: jgilles85. on 01 Sep 10, 21:00:03
@insurancemike10: IllegalMichelle you're the best! Thank you so much for giving me the source to prove what a liar and a crook you are! These are the real figures from the source you gave me as of June 30, 2010 JP Morgan Chase Life insurance assets 0 Citibank Life insurance assets 4,363,000 TD National Association Life insurance assets 1,249,901 TD Bank USA, National Association Life insurance assets 0?
By: jgilles85. on 01 Sep 10, 20:55:33
@insurancemike10: What have I ever said about Primerica's term that is a lie? You should lose your licensce if you still even have it, because you lie about WL insurance! You lie about everything you post and the only times you do provide a legitimate source I use it to prove you wrong, because your so stupid!
By: jgilles85. on 01 Sep 10, 20:53:48
@insurancemike10: No asshole you that's not what I've been telling any of my clients! I don't deal with 401k's to begin with idiot, because I'm not their employer! That's why I didn't know that right away so that has nothing to do with my license! Second you're an idiot, because you can't prove my calculations are wrong, because I never gave you all the variables! When are you gonna get that?! Also you're a dumb ass, because I do know the income limits to a Roth and I don't lie about insurance!