Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Buy Term? But Who’s in Control?

26 Mar 2025 · 1 min

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Richard Canfield argues that term life insurance and stock market investing can work, but the real question is who controls the banking function behind your financial needs. Most people have no control over how they finance necessities, and that's what matters more than which investment vehicle you choose.

Chapters

If there's merit for temporary life insurance coverage, and you have a desire to invest money in mutual funds or the stock market, then you should go and do that. It doesn't take away the fundamental truth that someone must control the banking function as it relates to your needs. How much of that function are you presently in control of? And most often, of course, the answer is none. Let's set aside something that you already desire to do with your money, and let's talk about who's controlling the function of banking as it relates to your needs. And let's start putting you in a position of control over how you finance the things that you need.