I welcome Donny Mangos - father, entrepreneur, author, and podcaster. Donny shares his perspectives on participating whole life (WL) insurance, with a focus on how to optimize policies and use them while alive.Discussion points:Donny's intro (2:35)Broad perspectives on whole life (WL) insurance (4:55)When Donny begin to learn about WL (6:55)Quick overview on WL (9:30)WL attributes for wealth strategy (12:35)Other aspects of WL (16:00)Investments, risk (19:35)Understanding WL through an illustration (27:44)Growth rates (37:18)Good vs bad policies (38:37)Advisors and commissions (41:44)Must ask questions (44:29)"In the money" (45:54)Liquidity (46:44)Using a corporate policy personally (53:19)Multiple buckets (56:52)Personal vs corporate loans (58:50)Grey areas (1:00:22)Who should not do this (1:02:54)Donny's Links:Book: https://www.amazon.ca/Get-Wealthed-Up-Build-Mansion/dp/1998528197Podcast: https://podcasts.apple.com/us/podcast/wealthed-up-with-donny-mangos/id1825202487Site: https://wealthedup.com/Email: [email protected]'s Links:Newsletter: https://www.beyondmd.ca/newsletterWebsite: https://www.beyondmd.ca/LinkedIn: https://www.linkedin.com/in/yatin-chadha/Email: [email protected]