Weston Smith
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, after COVID, you know, like, what do I do?
So I found a guy selling life insurance on TikTok, messaged him, and then, yeah, that started it.
And then I slowly integrated, you know, venture capital, private equity, colored diamonds, gold, silver, so all these other things.
Interesting.
Yeah, it seems like it.
Yeah, so it's really a hack if people don't know about it.
So first off, I personally don't like term and I'm going to say why, because only 7% actually pay out.
Wow.
So yeah, 93%, all that money just goes right to the company.
So if you don't really have, you know, like a dangerous job, A, it'd be hard to cover you anyway, but you don't really need the term.
I would always get a whole life as soon as you can because you're locked in at that price with a good company.
That's good to know.
Yeah.
Other companies, they will continue to charge up.
But, yeah, I'm a big proponent of whole life and how the tax code is written for life insurance to be, like, an unknown hack, which nobody reads the tax code.
CPAs usually don't even know about this either.
Dude, like, yeah, tax attorneys, they're like, no, you can't do that.
Oh, yeah?
Here's the tax code.
Oh, yeah, okay, okay, yeah.