Ebook Free Confessions of a CPA: The Truth About Life Insurance, by Bryan S. Bloom
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Confessions of a CPA: The Truth About Life Insurance, by Bryan S. Bloom
Ebook Free Confessions of a CPA: The Truth About Life Insurance, by Bryan S. Bloom
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Product details
Paperback: 146 pages
Publisher: Infinity Publishing (December 27, 2013)
Language: English
ISBN-10: 0741499762
ISBN-13: 978-0741499769
Product Dimensions:
5.5 x 0.3 x 8.5 inches
Shipping Weight: 6.4 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
54 customer reviews
Amazon Best Sellers Rank:
#62,006 in Books (See Top 100 in Books)
This is an excellent book on the subject of using whole life insurance to supplement your portfolio. It is a thought provoking look at an alternative to the usual risky investment strategies most people use for their retirement dreams. After reading the books contents, I still had questions that I was not sure of and decided to email this CPA for clarity. I honestly never expected to get a response, let alone a back and forth dialogue from Mr. Bloom that answered all of my questions and spiked my interest in this product. I highly recommend anyone interested in saving for retirement to read this book.
One of the most thorough, if not THE MOST THOROUGH, book about utilizing Permanent Life Insurance as your own bank to finance everything throughout your life. I believe a correctly structured permanent life insurance policy is a vital part of your investment portfolio and has the ability to do many jobs for you, NOT ONLY FOR just providing income to your loved ones when you pass away. This book teaches you how to capture all the money that slips through our fingers throughout our whole working life and use it to be tax efficient, growth efficient, income and asset protective (when you pass away, early or late in life), and the ability to be your own bank by financing your purchases through yourself so you can build your own wealth instead of building all the Banks' wealth. A MUST, MUST READ!!! Bryan is right, not everyone does this because they don't know it exists. But those who do know it exists, DO USE IT! If you understand financial principles like opportunity cost, Rule of 72 (Compound interest and HOW IMPORTANT IT IS TO START INVESTING AS YOUNG AS POSSIBLE ANNNNND NOT NOT NOT DISTURBING THE GROWTH OF YOUR PRINCIPLE), multi-tasking your money, then this is the book for you!! And even if you don't understand those principles, READ IT ANYWAYS! This book was very entertaining to read, to me. It wasn't "Dry" at all to me. Bryan used very realistic examples and was very clear about everything he said, so that people would not misinterpret what he's trying to explain. I recommend this to all people, investors (novice-experts), friends, family, insurance agents, anyone who wants to understand insurance more and the benefits of it.
This is the third book I've read on life insurance. Perhaps because of the knowledge I gained in the other two, or perhaps because of the way Bloom writes, I better understand these concepts after reading this book. You don't have to be a CPA or a tax attorney to understand his presentation. If you are curious to learn about one of the little known sections of the tax code to protect wealth and create a tax free retirement then read this book. One of the better ones on the subject.
Excellent book from a CPA's persepctive, rather than life insurance expert perspective. I think it makes for a better approach with some clients. I bought several copies to share with clients/prospects. I highly recommend!
Seems likes a cheerleader for the whole life insurance industry. I was hoping for a more balanced analysis of the solution. This author seems to have one tool - the whole life hammer - and every financial problem is a nail to him. Some of the math examples are disingenuous, particularly the one involving mortgages.One pro is that he explains the potentially useful features pretty well. Other than that, I'll be returning the book.
A great conceptual book! Everyone will have a different situation but the concept is well presented.I would recommend a good IUL with living benefits in most cases.
Nothing new.
i loved every piece of this book. A must read for any life insurance agent or anyone looking to further educate themselves about finance.
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