Using Infinite Banking In The Private Money Club | Chris Naugle
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- čas přidán 12. 09. 2024
- To get started with your own Banking Policy, just like the wealthy do! Follow these steps... 1️⃣ 2️⃣ 3️⃣ ...
👀 Watch the 90 Minute Webinar on the Infinite Banking Concept: moneyschoolrei...
Once you get through that you'll be promt to book a call with our team 🤙📲 , which you can also do here: mentors.beyour...
WE DO THIS ALL DAY EVERYDAY, DESIGN, APPROVE, AND GET YOU STARTED.
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To find out more about how you can protect yourself throughout your real estate deals as a borrower or lender. Join the Private Money Club today to find deals from borrowers and lenders that meet your criteria.
www.privatemoneyclub.com
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#Cashflow #banking #money #creativefinance
As a Tax Payer, I'd happily help pay off Student Debt, we did it for the Big 3 Auto and the Banks, who happen to be way less deserving of it.
Great video, thx for all the information.
Hopefully taking to you, sooner than later :)
Yes man. I'm a truck driver. OTR Love your content. Where you been all my life man.
Hello from the future you forgot physical gold,silver,and platnium.Used my policy for several thousands of ounces of silver at 17 a ounce.Will cash in this week about 32 a ounce and repay my loan.I will wait for drop in stock market and real estate.Then redeploy my funds to buy more assets.Happy investing/stacking
Tremendous amount of value here. You really opened my eyes to WL policies, the hell with IULs!
Awesome stuff really looking forward to a call with your team. But let me just add that real estate expenses are write offs when they’re rentals AND real estate is the only asset that builds wealthy in so many different ways I.e. equity, tax benefits, appreciation , and cash flow. Property management can eliminate a lot of the headaches and at the end of the day, real estate tends to appreciate and is a hedge against inflation.
Hi Chris, love your show & your process of explaining things is excellent. 2 questions: 1) any videos on how a business, specifically how an owner use these products/tools with draws or within a business itself with consistent supplies/expenses/weekly funds coming in 2) does the spread between rate of return & what you must pay back to the policy loan effect the overall mec if you are putting in more than in the example $10k per year? Thanks!!
This was an incredible video. So much great info! I'm a licensed agent in 23 states and am just now learning the power of IBC. How can I help more people with this concept?
My team has a mentorship program that might be a good fit for you. Reach out to craig@themoneymultiplier.com to chat about it.
Dope Vid Chris ❗❗❗💯
thank you
Is there a chance to purchase the training that you guys talked about in this episode at that discount price?
Chris I have been studying ibc and everything you are talking about but why do you only the money 6% to your llc when you could charge 10% and the payment back into your policy would have a business interest write off tax free into your policy?
When you give someone a loan at 12% from your own bank or policy is the borrower required to put something up as collateral or Not ???
The most important part of IBC is economic value added (EVA)….. where you treat your money like it has value much like you would have treated a third party capital.
When you pay off your debt. Make sure you start a plan to pay back your policy loans…
Because like Nelson Nash (becoming your own banker book)says….expenses will rise to meet income….
Hi Chris I have seen many of your videos and trying to find prices for your course? I don't even see an email address where I can write to someone. Are you associated with UFF at all? They are the ones promoting the Money Max account. Thanks, Jude
Does anyone know if i can do this in Australia?
Thank you.
You mentioned about using Line of Credit from your policy loan where you consolidate all your policy loan in one checking account ..how do we set this up?
Hey Art, the cash value line of credit rates are not the best right now. There are various banks that will give you a line of credit using your policy as collateral. If you have a policy now, you should check to see what your loan rates would be with the insurance company.
Yes how do we set this ip
Sir if invested in a 3 whole life policy on my 3 twenty something year old child for ten years at 800,000 per child yes f or ten years because I want to borrow by year 3 or 4 what would be your recommendation
How much money or how big of a WL policy do you need to start?
Can u get credit card on deaf benefit
18 years OTR driving for Tyson foods. Things here have been OK... And i mean JUST ok... People still gotta eat... But even here you can tell it ain't GOOD. Hasn't been for a WHILE!
What about using money from a policy to invest in a crowdfunding program like Fundrise and put the dividends back into the policy and any appreciation?
If you want to know what the goal is to all this - click here 1:19:53
I’m from the uk. Where do I go to get life insurance set up if I can’t go to normal life insurance retailers?
Is the DB simple interest deducted immediately from the loan?
The loan principal can be paid anytime throughout the year. The loan interest is payable at the policy anniversary.
Does the death benefit amount limit how much money we can overfund the policy ?so if we use the lowest death benefit then we can only put in a lower amount eat year or total compare to a policy with higher death benefit ?
Yes, the policy needs to be designed to hold the desired amount of premium you choose which will influence the amount of DB required.
Can you please teach me I want to join?
My team can help you get started with private lending and IBC. Reach out to my guy craig@themoneymultiplier.com.
YES
Hi Chris Naugle!
Which is your preferred company that sells Whole Life Insurance?
Hi Diego! Craig here Chris Naugle's team. All of the companies we use are great for the Infinite Banking Concept such as One America, Lafayette and others. The company used is determined by your objectives and the best fit to accomplish those objectives. Happy to talk more, let us know how we can help!
Diego Connect with Craig! Craig@themoneymultiplier.com
No
I really wish you'd stop talking about politics 😒
Politics effects EVERYTHING! Very hard to discuss a country’s economics without talking about that country’s politics. Economics is a reflection of the politics.
YES