Confessions of a CPA The Truth About Life Insurance Bryan S Bloom 9780741499769 Books
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A question I get almost every day is “why isn’t everyone implementing the principles in this book?” The answer to that question is that everyone who understands these financial truths is implementing them. If you carefully read and absorb the financial principles of life insurance uncovered in this book, you will understand as well. There is a finite amount of knowledge that humans know about the universe. All of this known information falls into three categories First, there is a certain amount of information that we know and that we are aware that we know. We could say that we are “consciously competent” of this information. Second, there is a large amount of information that we know nothing about. We know that there are certain fields or concepts "out there," but we really don't know anything about them. We might say that we are “consciously incompetent” of this information. The third category of knowledge represents information we don't know, and we’re not even aware that we don't know it. We are "unconsciously incompetent" in these areas. It doesn't mean that the information doesn't exist; it just means that we are currently unaware of its existence. As a result, this information currently sits in our "blind spots." Just like in our cars, there are some things we don’t see that others do. But if we just turn our head 20 degrees, we will see things we have never seen before. This book will help you to turn your head 20 degrees and to discover something wonderful that you have never seen before.
Confessions of a CPA The Truth About Life Insurance Bryan S Bloom 9780741499769 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.Product details
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Tags : Confessions of a CPA: The Truth About Life Insurance [Bryan S Bloom] on Amazon.com. *FREE* shipping on qualifying offers. A question I get almost every day is: “why isn’t everyone implementing the principles in this book?” The answer to that question is that everyone who understands these financial truths is implementing them. If you carefully read and absorb the financial principles of life insurance uncovered in this book,Bryan S Bloom,Confessions of a CPA: The Truth About Life Insurance,Infinity Publishing,0741499762,Business & Investing,Finance,BUSINESS & ECONOMICS Finance General
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Confessions of a CPA The Truth About Life Insurance Bryan S Bloom 9780741499769 Books Reviews
Amazing book and a must read if you are in the industry. Very enlightening even if you are researching retirement or money stratigies.
i loved every piece of this book. A must read for any life insurance agent or anyone looking to further educate themselves about finance.
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.
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.
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!
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.
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.
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