Summary

In this episode of the Prosperity Podcast, we explore the enduring value of precious metals and the significance of mutual life insurance companies. Host Kim shares insights into assets that retain value over time and emphasizes the importance of having a long-term plan with investments. With current market shifts and the ever-present unpredictability of personal health, the episode underlines thoughtful financial planning. Tune in for timeless principles and financial wisdom that go beyond today's economy..

Episode Highlights

00:01:28 - "And then what?" Deep inquiry on investment goals.

00:04:00 - Gold as savings vs. investment.

00:06:40 - Liquidity needs for emergencies and opportunities.

00:09:29 - Mutual life insurance as a stable asset.

00:10:44 - Focusing on what's unchanging in uncertain times.

00:12:20 - Consequences of delaying insurance purchases.

00:14:11 - Potential health impacts on insurance eligibility.

00:15:17 - Book recommendation: "The Gold Standard" by Saifedean Ammous.

Episode Resources

• For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/

• http://prosperityparents.com/

• https://storage.googleapis.com/msgsndr/yBEuMuj6fSwGh7YB8K87/media/68e557c906b06d836d9effad.pdf

• https://www.youtube.com/@KimDHButler

Keywords

• Prosperity podcast

• Precious metals

• Centuries-lasting assets

• Silver price

• Gold price

• Financial products

• Investment

• Savings

• Value storage

• Asset growth

• Emergency fund

• Liquidity

• Mutual life insurance

• Dividend announcement

• Whole-life insurance

• Cash value

• Term insurance

• Investment strategies

• Economic stability

• Actuarial science

• Financial planning

• Peace of mind

• Health and insurance

• Procrastination loss

• Gold standard

• Bitcoin

• Economic history

• Prosperity thinkers