E231: Should I Use Infinite Banking Policies To Fund All My Investments?
21m
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Dollars and Nonsense
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In this episode, Nate Scott walks us through the types of investments that make sense to fund using Infinite Banking policies and those that may not be a good fit. He explains why investments that produce cash flow, like real estate, private lending, and business expansion, work well with IBC. On the other hand, long-term passive investments, such as retirement programs and stock market investments, may not be a perfect match for IBC. Nate also mentions the option of using policies to repay any debts and highlights the importance of understanding your financial goals before deciding how involved you want to be with IBC.
Key Takeaways:
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Investments that produce cash flow, such as real estate and business expansion, work well with IBC policies.
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Using IBC policies to fund investments allows you to repay policy loans and reuse the capital.
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Long-term passive investments, like retirement programs and stock market investments, may not be a perfect fit for IBC.
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Using policies to pay down debt can provide a guaranteed rate of return.
Episode Resources:
Gain FREE access to our Infinite Banking Course here
What is Infinite Banking
Who was Nelson Nash?
The episode E231: Should I Use Infinite Banking Policies To Fund All My Investments? from the podcast Dollars and Nonsense has a duration of
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Key Takeaways:
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To practice infinite banking, choose a mutual life insurance company that offers dividend-paying whole life policies.
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Policies continue to grow even when borrowed against because the insurance company lends money against the policy's cash value, which still earns interest and dividends.
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Direct recognition and non-direct recognition refer to how insurance companies apply dividends to policies with loans.
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