Jayson Lowe explains how Canada's top 1% and major banks use dividend-paying whole life insurance contracts to build wealth, buying them by the truckload instead of mutual funds or RRSPs. He argues this strategy works for anyone seeking financial peace, and that mainstream institutions prefer keeping it hidden.
It's all about understanding that if the conventional banks, I'm not talking about the banks that are in trouble, I'm talking about the banks that are extremely well capitalized if they are purchasing dividend paying, participating whole life insurance contracts by the truckload. I'm talking about billions of dollars in premium and they're not putting any of the depositors money into mutual funds. What does that tell you? Because I'm here to share with you that the top 1% understand this and they do this and I'm really sick and tired of just addressing the top 1%. I want to lift other people up so that they can create a peaceful, stress free way of life financially regardless of where they're starting from. When we get the frequently asked question why isn't everybody doing this? The primary reason is that your dealings financially are with the very institutions that don't want you to know about this. Stop and think about that. I haven't met any ultra high net worth person that has ever asked me to work with them, who has ever asked me about RRSPs, mutual funds or any of those.
