The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: cmoo51 on May 10, 2017, 05:59:24 PM
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I have recently learned about Paradigm Life, and it seems to be a good place for investment. I haven't look into too much, just a very basic level. I'm curious if any of y'all have looked into it, or are currently using it. On a basic level, you essentially buy life insurance. You get anywhere from a 4-6% dividends. You can also take a "loan" out and use that money for other things (car, house, etc.), but you still gain the dividends on the amount before the "loan". It's doesn't go by the market, so there are no ups and downs. Seems highly interesting. Currently doing more research, just wanted to see what y'alls thoughts on it are.
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All the content on their website sounds like a giant scam.