Ah, to be of the privileged and cultured class – butlers, trust funds, planes, yachts, and race cars. What’s it like to have all that money? Dudley Moore, in the 1981 film Arthur, a comedic flick about a cavorting socialite and heir to a massive fortune put it most succinctly – “It doesn’t suck.”
Wealth Doesn’t Just Happen
While it certainly helps to inherit millions, according to Forbes, an astonishing 67% of the world’s billionaires, made it on their own. And the majority started out as either middle class or downright poor.
Likewise, most of America’s wealthy didn’t win the lottery or inherit their money. Many current millionaires have earned their fortunes in tech, finance, fashion, and media, while prior affluent generations took advantage of the rapid advancements of the industrial revolution by investing in railroads, oil, steel and land.
Mayer Amschel Rothschild, the founder of one of the world’s most storied banking dynasties, was an orphan from a Jewish ghetto in Frankfurt. He went to work at 13 with little formal instruction in money or finance and taught himself the intricacies of collectible coins.
John D. Rockefeller, the oil tycoon and America’s first billionaire, grew up middle class. His father was a traveling salesman who sold a tonic and elixir called “Rock Oil” that he claimed cured cancer. The younger Rockefeller went to work at 16 as a bookkeeper earning 50 cents a day.
The forefathers of these influential families shared common traits of hard work, discipline, and principled investing.
Their rise to power and prosperity was neither haphazard nor accidental. Rather, it was part of a careful plan that involved the strategic growth and preservation of wealth
Ironically, it was the Rothschilds and Rockefellers along with the Goldman Sachs and J.P. Morgans who were part of the original Federal Reserve “cartel” and played a pivotal role in the creation of America’s central bank in the early 20th century.
The making of “the Fed” was a secret affair conceived at clandestine meetings at a private club on Jekyll Island, a self-sustaining sea island off the coast of Georgia where the group met “on the sly” and on the pretext that they were going duck hunting.
The Board of Governors of the Federal Reserve System says it “was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.” Indeed, prior to the establishment of the The Fed, America was plagued by bank failures, panics, and dollar volatility.
But the Fed prints money. It finances the government’s deficits. It sets interest rates and can lend to banks as well as to itself – and while it’s an apolitical body, the pressure it receives from businesses, politicians and Wall Street is very real. All of this seems to conflict with its obligation of sustaining a sound financial system and establishing the dollar as a stable medium of exchange.
But What a Gig – Imagine Setting Your Own Interest Rates, Managing Your Own Money Supply, and Essentially Lending to Yourself!
It should come as no surprise that the Rothschilds, Rockefellers and Morgans found a way to do just that. Their personal banking method is a safe and reliable growth strategy that has not only helped them stockpile wealth through the generations but also acted as a source of self-lending, estate planning and asset protection.
Yes, that method is still around and has been for some 160 years. The wealthy have always understood that dividend-paying whole life insurance allows policyholders to grow their money, use their wealth to fund other ventures, protect their assets, and create a multi-generational safety net.
Today, it’s most commonly known as a “Bank On Yourself” plan – and it allows you to be your own “banker,” lender, broker, and borrower… and tap into advantages enjoyed by some of the most affluent business moguls in history.
Wealthy and powerful Americans have long understood that whole life insurance policies maintain positive growth even when the economy tanks, markets tumble, and real estate collapses. After all, such policies have never had a losing year and have historically outperformed CD’s, bank savings and money market accounts by a significant margin.
Whole life insurance cash values do NOT fluctuate, deflate, or collapse. They have a built-in and guaranteed annual cash value increase – and their “use at any time” liquidity provides flexibility and peace of mind.
For these reasons, in 1897, George Vanderbilt – a member of the New York “Fifth Avenue” elite – purchased the first $1 million dividend-paying whole life policy ever issued.
Wealth does not just happen. You have to actively make it happen and then you have to secure it, protect it, and most of all enjoy it…
When Mayer Amschel Rothschild had finally “made it” and bought himself a more luxurious house in a more prominent part of town, he kept the details of his powerful private banking methods behind a secret wall, stashed on secret shelves, in a secret counting-house at the back of his new estate.
We are well-versed in some of those “secret” methods which continue to benefit generations of Rothschilds and a host of family dynasties to this very day.
So, What’s the Difference Between the Rothschilds, Rockefellers, Vanderbilts and YOU? Two words – information and action …
As John D. Rockefeller noted…
I have ways of making money that you know nothing of.”
The Bank On Yourself safe wealth-building strategy has been part of the financial foundations of the 1% for well over a century.
But almost anyone – regardless of age or income – can benefit from it.
Why not find out how you could benefit from a program tailored to your unique situation and financial goals and dreams?
Just request a free, no-obligation Bank on Yourself Analysis right now.
You’ll get a referral to one of only 200 advisors in the U.S. and Canada who have met the rigorous requirements to be a Bank On Yourself Professional. They’ll be happy to answer all your questions and show you ways to free up money to fund your plan.
The early Rothschilds, Rockefellers and Vanderbilts made a conscious decision to strategically grow and protect their money. Take a moment right now and do the same by clicking on this button:
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