The traditional financial model espouses saving/investing for many years, and then depleting that nest egg for the last few decades of ones life. It’s hardly a system of generational growing wealth, and often fails to last long enough for the first generation. Join Doug & John as they discuss how even one policy can be […]
Compound interest can work for anybody at any age, but the longer the time horizon, the better. There is no better time to get an insurance policy than when someone enters this world. Premium payments required to acheive a large death benefit are low, passive income is assured, insurability is locked in, most underwriting requirements […]
Applications, justification, income verification, qualification, etc…. These are some of the many steps we have accepted we must take when getting a loan from someone else. It’s a laborious process that’s not within our control. What if there was a better way to access capital? Come join Doug and John to find out how! “What […]
To repeat an old adage- the best time to buy life insurance was 20 years ago. The second best time is now. The time value of money coupled with the power of compounding means that age is always the most powerful predictor of policy performance over the long term. However, there are other factors at […]
If you’ve listened to any of our previous episodes, you’ll know that one of the major aspects that makes IBC so powerful is leverage. Leverage is traditionally viewed as a scary thing that irresponsible risk taking investors use. We would argue that the contractual leverage provided by a dividend paying whole life insurance policy is […]
Do you like paying taxes? Neither do we. Come listen as Doug and John discuss this chapter in the book “Becoming your own banker” and learn how they only pay taxes once. Learn how you can protect your hard earned money from unkown future tax burdens, changes, additions, etc… “Economic problems are best solved […]
“Get a 4 year degree and you’re set for life!” This the advice that has permeated America for the better part of the last 60 years. We find that many people are getting degrees for the sake of getting a degree, or for getting the “college experience” rather than actually going to learn a meaningful […]
Save via sponsored retirement plans until you’re 65 and then take out 4% a year! That is the standard advice we see everywhere these days. In theory, if the base of capital were static (i.e. not volatile), that work. However, the “savings” instruments used in these plans are actually investment vehicles such as stocks and […]
The premium deposit fund rider is not commonly discussed, but is an excellent (free) rider with most insurance companies. Discover how you can store money for excess premiums with the insurance company & earn a return! “Banking is a process, not a product!” –R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept. Connect […]
At this point our listeneres should be well aware of the advantages of using whole life insurance as the medium to practice the Infinite Banking Concept. These benefits can be supercharged for the business owner. All businesses require financing to be succesful. Would you rather rely on the bank, or control that banking aspect yourself? […]
