I did it. I signed up with @ChroniclesNate.
After crunching numbers and investigating his claims, they all hold up. The plan makes 401ks look like a bad joke. I’m glad I took his course & followup financial coaching because it changed my family’s future.
https://adamlanesmith.krtra.com/t/58VDYmNUgorK
-
Show this thread
-
I’ll be honest, I thought it was a gimmick of some kind. Took me a while to really get it. But when I did: Wow.
1 reply 0 retweets 7 likesShow this thread -
Essentially it runs like this: You pay life insurance as normal. Instead of a company swallowing that money, they put it in your savings account so you accrue interest. Instead of investing that savings in the stock market like normal or like a 401k, they loan it to moneylenders.
1 reply 0 retweets 3 likesShow this thread -
They give back dividends as people borrow it. You also get a big portion of dividends, so you’re paid twice, and at the end of the day all the money is yours. When you retire, you live off the yearly earnings and leave the whole amount to your designated heir.
1 reply 0 retweets 3 likesShow this thread -
You can open multiple accounts and have them pay each other this way. And if you need to borrow money, you’re borrowing from yourself, so you also make dividends from paying yourself back.
1 reply 0 retweets 3 likesShow this thread -
It’s really that simple. Turns all debt into good debt as you borrow from yourself and increase your wealth. It’s backwards from normal thinking because most imagine the banks run on magic. This is how you can “Be the bank” as
@ChroniclesNate says.2 replies 0 retweets 7 likesShow this thread -
Replying to @TheBrometheus @ChroniclesNate
But what you’re describing sounds more like “magic” than how banks work. Pay yourself dividends by borrowing from yourself? If I’m borrowing from myself who’s paying the dividends? I’ll give it to you though, his initial pitch video wasn’t enough for me to get past the... 1/2
1 reply 0 retweets 1 like -
“hogwash” initial reaction, but your thread has seemed to fill in enough gaps to make me curious enough to consider forking over the $ to have the rest of it spelled out in detail, and seeing the satisfaction guarantee helps ease the snake-oil hesitation. 2/2
1 reply 0 retweets 1 like
Definitely sounds like hogwash. Talking it through and seeing it plain on paper helped it come clear.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.