(Complete Show Notes Below)
In the 44th episode of the Financial Procast:
Pamela Yellen Continues the Bank on Yourself© Cause
Last week Pamela Yellen announced that she is indeed publishing a new book that's due out early next year. Now, in the past we've been a little harsh regarding Pam and her first book, Bank On Yourself© but in today's Financial Procast, you'll find a kinder, more gentle version of Brandon and Brantley.
Honestly, we've got no major problems with Pam and we both think that she's done quite a bit to further the “cause” of using cash value life insurance as an asset building tool. Our problem has always been with the somewhat fuzziness of the facts and some of the marketing tactics she uses.
Facts and Figures Legitimize the Concept
But she's promising, “This book is incredibly well documented and will blow the lid off the “conventional financial wisdom” and expose it for what it really is – a way for Wall Street and the banks to continue to line their pockets at our expense.”
So, we'll see if that holds true.
For now, you really should listen to this episode to find out what specifically we have disagree with and some great clarification on a few topics that Yellen, Nash, the BOY and the Infinite Banking crowd sort of gloss over.