A forgotten financial lesson from the world’s greatest personal finance book

One of my favorite shows is The Office.

If you haven’t seen it, I highly recommend it. It’s an older show but one of the best comedies ever.

Everyone works for this paper company called Dunder Mifflin and the show is about all the shenanigans that happen in the office.

Anyway, in one episode, one of the main characters (Dwight) was awarded top salesman. The new owner of the company told him he should save a bunch of his newfound moolah, and invest in real estate.

So… he bought the building Dunder Mifflin operated out of and… collected rent from his boss.

Which… is highly amusing if you think about it.

Anyway, lesson?

Make of your home (or office) a profitable investment.

It’s an old idea espoused in The Richest Man In Babylon — a book nary a person reads these days since it was written in the early 1920s and so it’s not new or secksy.

But, you should read it if you want to get a good handle on the basics of what it takes to save money and grow your own net worth.

Speaking of which, another of the ideas in that same book is a special type of insurance contract which guarantees your income and savings against loss.

Protection money.

Although not mentioned by name, we know it today as whole life insurance.

Now there are two ways to buy it: you can buy it “off the rack” or… you can have something customized for you.

Customization always produces a better result than a non-customized insurance policy, for reasons which ought to be obvious.

Anywho, if you want to know more about what a customized whole life policy looks like and how it can improve your existing financial plan, go read the buyer’s guide, here:

The Rogue Agent’s Guide To Life Insurance

David Lewis, AKA The Rogue Agent, has been a life insurance agent since 2004, and has worked with some of the oldest and most respected mutual life insurance companies in the U.S. during that time. To learn more about him and his business, go here.