Comments About - Curtis Ray

  • 2023 1129 - LIFE180 / Chris Kirkpatrick - Curtis Ray | MPI vs Whole Life| REACTION By @LIFE180 & @GarrettGundersonTV  ---  [BonkNote]  ---  [VIDEO-YouTube-24:41]
    • [Bonk: What is the Video of Curtis that they are reacting to?]
    • 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
    • 6 - Chris - This idea is never going to work long-term
    • 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
  • 2023 1110 - David McKnight / The Power of Zero - My Take on Curtis Ray's MPI Approach to Retirement Planning - [VIDEO-YouTube-07:13]
    • David McKnight - Emergency Fund vs Liquidity
    • 01:30 - David McKnight - MPI works on Paper, Can't show on an Illustration, Curtis uses a spreadsheet he made, lots of moving parts - on paper vs real life, How it's going to go in reality... Track Record, persistency, 
    • Carson Porter - Monte Carlo Testing, Stress Testing, Such a complicated strategy. Will Ma and Pa stick with it, and if they won't, if there's not persistency, is it ethical?  What was the point in the first place?
    • 5 - David McKnight - It doesn't matter how much it makes sense on paper, if it doesn't lead to a positive outcome they would have been better off never to have done it to begin with.   
    • 5- 
    • 6 - David McKnight - So, yeah, well see . In 10 years.... It could be the worst thing ever, or it could be the be the best thing ever. We'll just see how it goes.