Special guest Dave Ramsey gets our conversation started on the lucrative business of term insurance and mutual funds. In this podcast we explore the roots of the ‘buy term and invest the difference’ philosophy. This transition from safety and guarantees has been an incredibly profitable business model for select elites as well as banks and financial institutions, at the expense of the average consumer.
Want to see for yourself? This video will help you navigate through the FDIC website to find out how much money major banks have in cash value life insurance.