Round Table | What Else Can I Do With My Dividends episode artwork

EPISODE · Dec 1, 2020 · 26 MIN

Round Table | What Else Can I Do With My Dividends

from The Wealth Without Wall Street Podcast

Today’s topic is about dividends: how they are created and how they can be used. In the book, Building Your Warehouse of Wealth by R. Nelson Nash, the whole life policy is compared to a tree that grows; it can never shrink. You can find evidence of growth in the rings within the tree. And as the tree grows, it bears fruit. Dividends are the fruit of the policy -- the surplus or the return on premium. Now, what can we do with the fruit of the tree or the dividends from your whole life policy?4 Things We Can Do With Dividends:1. Sell it2. Allow it to accumulate interests3. Use your dividends to reduce your premiums4. Reinvest your dividends and buy paid-up additionsYou dictate what happens to your dividends. You should always think about having options, control, and flexibility of your money. Essentially, you should keep the dividends inside the policy so it’s not affected by taxes. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

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Round Table | What Else Can I Do With My Dividends

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This episode was published on December 1, 2020.

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Today’s topic is about dividends: how they are created and how they can be used. In the book, Building Your Warehouse of Wealth by R. Nelson Nash, the whole life policy is compared to a tree that grows; it can never shrink. You can find evidence of...

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