Bank On Yourself: Grow and protect your financial future

Dust off your Dow 10,000 cap again

As I write this, the Dow is flirting yet again with the 10,000 level – something it has done dozens of times since it first closed above that threshold more than 11 years ago! People are understandably nervous, as evidence abounds that the economic recovery is faltering. An astonishing fact was revealed in a cover story in [...]

Bank On Yourself under the microscope

It was almost two years ago that Dan Proskauer – a Vice President of technology engineering for a major health care company who holds three U.S. patents – first heard of Bank On Yourself. Dan lives below his means, has significant savings discipline, and is a sophisticated investor. But when the financial crisis hit, Dan realized [...]

Wall Street Journal Exposes Stock Market Myths!

A very revealing article appeared in this past Sunday’s Wall Street Journal entitled, “Ten Stock-Market Myths that Just Won’t Die.” Maybe you don’t quite believe what I’ve been saying for years. This article confirms exactly what I’ve been trying to tell you… This article is must-reading for anyone who’s been scratching their head and wondering… If what they [...]

Four fascinating facts that affect your finances

I just came across these four surprising new facts that affect your money and finances… Fascinating Fact #1: 61% of boomers fear outliving their money in retirement more than they fear death That’s according to a new study.1 Maybe you’re one of them. It appears that lots of boomers should be scared out of their wits – almost [...]

Famous people who use the Bank On Yourself method

There’s one surprising thing Walt Disney, J. C. Penney and the Pampered Chef have in common – they all used the Bank On Yourself method to start, grow and/or finance their businesses! Walt Disney borrowed from his life insurance in 1953 to help fund Disneyland, his first theme park, when no banker would lend him the [...]

Hold your financial course or change your course?

The Dow has dropped below 10,000 several times recently – a level it first reached more than eleven years ago and has since bounced over and back an astonishing 63 times! Millions of people who were counting on their homes to help fund their retirement now have no equity to count on, because they owe more [...]

How will the debt crisis affect Bank On Yourself?

A question we are getting frequently right now is how safe is your money in a Bank On Yourself plan if the debt crisis in Europe continues and spreads to the United States? Let’s start by answering the question… Life insurance companies are highly regulated and required to maintain sufficient reserves to ensure they can pay all [...]

The truth about investing in mutual funds

Investors earn returns over time that are far lower than those quoted by mutual fund firms. In fact, it’s not even a close race.” This is the conclusion of DALBAR, Inc., the well-respected independent investment research firm.1 For the past 20 years ending December 31, 2009, “the average equity investor managed to eke out an annualized return [...]

Does money buy happiness?

There is probably nothing in the world that people spend more time discussing than money. Countries go to war because of money. People marry and divorce because of money. And we spend the biggest part of our waking hours working to earn it. The age-old question, of course, is, does money buy happiness? While writing a fascinating book, [...]

Dow 11,000: Déjà vu all over again?

Bill Clinton was President, the world awaited the potentially disastrous consequences of the Y2K computer bug, and – oh, yeah – the Dow closed above 11,000 for the first time in history. The date was May 3rd, 1999, and to quote Yogi Berra, nearly eleven years later, The Wall Street spin-makers are pointing out what a “big [...]