2023 1129 - LIFE180 / Chris Kirkpatrick - Curtis Ray | MPI vs Whole Life| REACTION - [Garrett Gunderson]
- 0 - Curtis - 20% Dividend in the 1980s? - [Bonk: True or False?]
- 0 - Chris - Highest Dividend I've ever seen is like 14.5%
- 1 - Curtis - Your Own Bank, Commissions,
- Chris - New York State - 90, top 99%, IUL - 165%
- 2 - Garrett - Made up terms, IUL 2.0, Secured Interest Account, MPI
- 3 - Interest rate vs dividends
- 4 - Guarantees, Credits against S&P - Don't worry about the guarantees
- 5 - MPI uses Mutual of Omaha in most situations
- 5 - [Bonk: P1P2]
- 6 - Chris - This idea is never going to work long-term
- 6 - 6-8%, Garrett - how many times would you have to get 8, 9 or 10 to get 8
- 8 - Interest Rates - up, down, neutral, Look back vs future, variables, levers... LIRP, options budget, Cap Rate,
- 11 - Chris - WL will outperform IUL in the next 10 years. potential performance vs actual performance,
- 12 - loan arbitrage - it doesn't work that way
- 14 - relock feature, loans,
- 17 - Garrett - Poof - Which number do you like better?
- Chris - If this were possible, then there would be no other investments in the world.
- 19 - Garrett - Florida, Homestead Act. you are going to jail, Shame on you Mutual of Omaha.
- 22 - Garrett - Fabricated Bullshit, Unicorns and Rainbows Fairytales, Young kid is going to to destroy many lives including his own. This is real people. the damage not talked about. spending optimism.
- 24 - Garrett - This is Snake Oil - Hope without reality