Mind, Body, and Soul is sponsored content.
Do you ever feel like your gambling when you follow your investments?
Or are you nervous to even begin investing because everything seems so uncertain?
If this is you, you're not alone. While the "market" has generally trended upward, it can often feel out of control; like you're wishing on a star it all works out. And most people don't enjoy feeling this way.
If you'd rather grow your money well, without all of the uncertainty surrounding investments, today's tip is for you.
Tip of the Week
Grow Your Money using High Cash Value Whole Life Insurance.
Most people don't realize this but you can save money in a life insurance policy, and it's one of the best places to build tax-free wealth.
The best part about saving in a Whole Life Insurance Policy is that your money is guaranteed to grow (you can't lose it), and it will grow at a competitive rate.
Historically, saving money in these policies has people earning an annual rate of return of between 4 and 6%. This return is way higher than the frustratingly low interest rates offered at the bank, and there's a good chance the return is higher than the investment you're in or have been considering... and you won't even risk losing a dime.
If you're like most people, you don't think of a 'savings account' when you think life insurance, but maybe it's time to start. Whole Life Insurance has been used as one for over 100 years in Canada, helping people grow strong, stable, and guaranteed future wealth that they can use whenever they want.
We all need to save money for the future. Maybe High Cash Value Whole Life Insurance is the way for you.