Chris Naugle
๐ค SpeakerAppearances Over Time
Podcast Appearances
Elon's net worth in one day when Tesla dropped, dropped like billions of dollars.
But in a whole life, the only place it can go is up because it's guaranteed.
It can't ever go down.
But that's how you have to look at this, is the wealthiest people in the world don't use their money, they leverage their money.
All you're doing is the same exact thing, but in a guaranteed environment, in a tax-free environment, in a protected environment.
And you're doing the same thing Elon's doing, but you're using insurance policies.
And then you could say, okay, well, who else does this?
Well, presidents and McCain ran almost his entire political campaign was run out of his whole life policies.
Love him or hate him, Biden.
He said he had a bunch of mass mutual policies he ran his campaign from.
You can go back to McDonald's was started with a loan, the real estate portion, and Ronald McDonald started with a loan from a whole life.
Walt Disney World, or Disneyland I should say, started from Walt Disney taking a loan from his whole life.
I'm not the only one that's done this.
You just never heard about it because you've been so trained to think one way about money when the truth has been right there in front of you, but most people in the world won't look at the truth because they'll say, oh, that's stupid.
Dave Ramsey said, whole life is the worst place you can put your money.
Yeah, but you're not looking at how it's designed.
And Will Rogers said this.
Listen, folks, listen very closely to what I'm going to say to you.
Will Rogers had the most profound quote.
He said, the biggest problem in America is not what people don't know.