“Buy Term & Invest the Difference” (BTID) sounds logical, doesn’t it? Lower your premiums and you can put the difference in the stock market.
But it’s not that easy. Because the phrase originated in the 1970s with a sneaky billionaire who sold, you guessed it, stocks and term life insurance.
Following BTID has ruined many financial futures while making a behind-the-scenes broker rich. If you want to buy life insurance, you need to know all your options to make a choice you’ll be happy with years from now.
In this episode, you’ll find out how to buy life insurance that’s right for you, not just for some broker. Want to abandon the bad advice and create a sustainable financial future for yourself? Listen now!
“Buy Term and Invest the Difference” show highlights include:
- How the original BTID firm became a questionable MLM company you should think twice about. ([4:47])
- Why term insurance is not your only life insurance option. ([6:14])
- Why a Harvard professor says BTID almost never works (and the alternative that actually pays out) ([7:12])
- How “investing the difference” is more like “gambling away the difference”. ([8:07])
Check out the Tale of 2 Grandmas: https://grandmaswealthwisdom.com/podcast/a-tale-of-2-grandmas-part-1/
Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It’s time for YOU to break through to a smart, stable, financial future.
If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting https://www.grandmaswealthwisdom.com/call …just like Grandma would want us to do.
Claim your complimentary Financial Analysis and find out is Whole Life is right for you and how it could fit into your portfolio here:https://grandma.as.me/FA. We promise to tell you if “Buy Term and Invest the Difference” is a better option in your case.