Reply to the Pamela Yellen critics
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“I think you all missed the point. She told you not to put all your eggs in one basket. Not all in the 401k. And then not all in one fund in the 401k. Ms Yellen for sure has an agenda with whole life insurance. But it is a particular kind she is referring to. Look up “infinite banking”. Personally i believe in using the 401K for everything up to the company match ( but not more). For those who are lucky enough to be able to use it. A Roth is another fantastic bucket. After that, using a life insurance policy as an investment vehicle (not just any whole or Universal life, but one specifically designed around the principles of infinite banking has been very powerful for me. You absolutely don't have to go with Ms Yellen’s solution. I did not ( but i do like her book). You do have to research infinite banking and who offers products that achieve it. And like she said. Its part of the plan. Not the whole plan.”Read full review »
Up your 401k via Apple Podcasts ·
United States of America ·
11/17/19
More reviews of WSJ Your Money Briefing
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“Published regularly, helpful advice. Among the best personal finance podcasts available.”
astrud via Apple Podcasts ·
United States of America ·
07/10/07
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“The episode released 4/15/19 about millionaires was poorly done. There was no evidence to support the myths that was denounced by the guest and the host. To suggest millionaires never earned six figures in a year but didn’t inherit money makes no sense and there was no attempt to explain it. The...”Read full review »
Bklyn guy via Apple Podcasts ·
United States of America ·
04/16/19
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“It would be convenient for me if you mentioned the Day aloud as financial information is changing so fast you are, at times, actually misadvising people. The financing of a starter home is a good example-if one listened to it a week later. Since these are actually archived, I almost think you...”Read full review »
Maine Potatoe via Apple Podcasts ·
United States of America ·
03/20/20
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