Infinite Banking Explained in 12 Minutes by a "Recovering CPA"
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4 سال پیش
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If you can understand a
If you can understand a rewards credit card, you can understand the Infinite Banking Concept.
When you build up cash either to pay off debt or to invest, you drain your countdown to zero. Then you save some more cash for the next investment and again drain your count to zero.
When do you want your money to stop compounding?
The system you are using breaks the compound interest curve every time!
In this video, we show you that by adding one extra step to investing or paying off debt, just like a rewards credit card, you can never break the compound interest curve.
The key takeaway of this video is that when you take a policy loan you don't take it FROM your policy you take it AGAINST your policy. You're actually using the insurance companies’ money and thus your cash value continues to compound uninterruptedly.
0:00 Intro
0:18 What Insurance companies we use
3:12 Infinite Banking Policy Design
3:40 You can only do 2 things with your money: an Asset or a Liability
4:45 Compound Interest
5:85 Rewards Credit Card
6:28 Using your IBC policy to pay off debt
8:19 Using your IBC policy to buy real estate
9:25 Paying a 2nd & 3rd property
10:20 Infinite Banking in retirment
11:18 Infinite Banking is NOT an investment
To learn more:
* Read the book the started it all, Nelson Nash’s Becoming Your Own Banker bit.ly/BYOBbookIWC
* Subscribe to our YouTube channel and check out the Infinite Wealth Podcast infinitewealthconsultants.com/podcast/
* Schedule your Discovery Call with Anthony or Cameron here bit.ly/iwc15YT
4 سال پیش
در تاریخ 1399/04/13 منتشر شده
است.
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