You might be surprised to learn that many of the world’s best wealth-building strategies don’t come from Wall Street banks, hedge funds, or tech companies… they come from old-school insurance companies.
Numerous insurance companies still in operation have been around for well over a century now, having endured wars, depressions, massive inflation, and political upheaval. And get this – there are a handful of insurance companies who have been in existence for over 200 years. That’s incredible to think about.
This comes as a surprise to many because insurance companies are boring. No father ever thinks, “I want my son to go into insurance when he grows up”.
But the fact is, the best-run insurance companies are financial juggernauts. And that’s because they quietly wealth-building strategies that follow a few timeless principles:
1. The Power of Consistent, Strategic Allocation
Every year, insurance companies use actuarial science to fine-tune exactly how much capital must be set aside for expenses, how much must be stored in protective assets, and how much can be deployed for growth and extra income. This discipline creates a system that grows even in periods of chaos.
2. They Never Gamble on Paper Wealth Alone
Insurance companies don’t bet the farm on the direction of the stock market. Nor do they rely exclusively on their bond portfolios. Instead, they build a robust balance sheet by strategically investing in assets that preserve purchasing power and continue compounding, no matter what happens with the markets or the economy.
3. Reinvesting for Generational Wealth
Unlike Wall Street firms and hedge funds, which are slaves to quarterly results, mutual insurance companies are structurally designed for the long haul. They build permanent portfolios designed to warehouse and grow wealth for centuries. Then they systematically reinvest interest payments and dividends to create a self-reinforcing system.
Wealth-Building Strategies That Work
You don’t need to be an insurance company to put these same wealth-building strategies to work. To the contrary, we can make our personal finances bulletproof by following the same model.
What’s more, we can allocate more heavily to generational assets like gold and Bitcoin, and we can allocate more heavily towards assets like real estate and mortgage notes which will generate strong passive income streams for us.
The key is to operate according to a strategic model on a consistent basis – just like the world’s best insurance companies do. And that’s exactly what we’re going to discuss during our Bulletproof Money 3-Day Challenge next week. We’re going to set aside one hour each day to drill into each aspect of the process.
We have done a number of single-day webinars in the past, but we’ve never undertaken a program like this before. I know three days is a big commitment, but I’m excited by the fact that we’ll be able to cover so much more without the same time constraints.
And as I’ve noted this week, the challenge is designed such that you’ll be able to start implementing some of the action items right away. My commitment is that we’re only going to cover real, actionable wealth-building strategies. You won’t get any fluff or marketing hype from me.
So if you’re interested, I’d be honored to have you join us for this live online event next week, starting on August 20th. You can get more information and register for it at: https://phoenician-league.lpages.co/3-day-challenge-registration/
I hope to see you next week!
-Joe Withrow