This Is Nelson Nash: The Creator of The Infinite Banking Concept
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- čas přidán 22. 06. 2019
- "This Is Nelson Nash: The Creator of The Infinite Banking Concept"
A film by the Nelson Nash Institute (www.infinitebanking.org)
R. Nelson Nash was the creator of the Infinite Banking Concept, and the author of the book Becoming Your Own Banker. This film tells the story of Nelson Nash, a tireless advocate of personal liberty and free market economics, and his impact spreading the Infinite Banking Concept.
In 2018, less than one year before he died, he was presented with the Blinking Lights Award by FEE for his lifetime of accomplishments in promoting liberty and free market economics around the world.
This film highlights that event along with interviews with R. Nelson Nash, David Stearns (President, Infinite Banking Concepts, and Board of Directors, the Nelson Nash Institute), Austrian Economist Robert Murphy (Board of Directors, the Nelson Nash Institute) Carlos Lara (Board of Directors, Nelson Nash Institute).
This Is Nelson Nash: The Creator of the Infinite Banking Concept
Executive Producer: David Stearns
Producer & Director: Jason Rink
Editors: Jason Rink, Keith Wahrer
Camera Operators: Jason Rink, Keith Wahrer, Matt Harris, and Ryan Hunts
Special Thanks: Jayson Lowe and Richard Canfield
Thank you R. Nelson Nash. Bless you and your loved ones. Jesus Christ, along with your shared knowledge, caused me to have my huge (AHA!!!) light bulb moment today. I’m breaking those mental shackles and the chains that bind! Thank you! Thank you! Thank you! 🥰
I'm ordering the book today. My eyes are opened. Praise God.
Thank you Nelson for changing the lives of our family and the thousands of clients that we serve. I'll see you one day when I graduate :)
Today I called and ordered Mr. Nash’s book and David Stearns answered the phone. I’m hooked!
About to set up my second policy at the age of 23. Still in the 7 year window on first policy but I’m all in. Thank you R Nelson Nash, I wish I could have met you in person. My 2 year old daughter will know your name and your teachings!
So how does this thing work?
2nd policy is about to enter its second year. Keep it going guys.
Ben Hanchett by becoming your own banker.
Does it work with an initial lump sum?
Len B pretty sure that would creat a MEC but it would be best to contact a agent and ask.
If there were MORE Nelson's in this world, it would be a better place to live. Honesty and Character STANDS OUT !
I will miss this dear man so much. He changed my life and forever impacted generations of my family with his wisdom, patience, coaching, mentorship and his wonderful books. Thank you, R. Nelson Nash, for being a beacon of hope and light in our world and showing so many the way to secede and take control back of our financial life. It was an honour to be a part of this creation and I thank David and the Nelson Nash Institute for getting it done. Jason Rink and his incredible team for there massive efforts to film the project and see a larger vision of what this message could be and to my friend Jayson Lowe for raising everyone up to the challenge and making this film a reality. It brings joy to my heart!
I was privileged to have been to a few of his seminars & had Dinner with him & his wife. What an Honor & what a Great Man, a True Southern Gentleman!
I'm 62 and can echo what so many I'm sure are feeling, I Wish I started this years ago. If you are young and reading this, do yourself and your future family a massive favour and get started ASAP!
God bless Mr Nash for exposing this strategy to the masses.
He was the most Brilliant Insurance Man I ever met in my 40 years in Insurance! He developed the Infinite Banking Concept, a Must Have Tool for Everyone! I was privileged to have been to several seminars with him & had dinner with him & his Wife. He was a Great Christian Man & a Great Man, PERIOD! He is missed!
Hello Bob, wondering if the IBC would work with a universal policy as well..
That's what I got, an IUL. I'm wondering the same thing. I haven't attempted to borrow money from my policy, so I'm not certain either.
Nelson Nash did not support any version of UL for IBC. Only whole life.
I’m 61 and on SSDI having hard time living in my means. My credit is very low and I’m on debt! But it’s never too late to start for me! Thank you for the message and I’m going to apply it to my life! Amen 🙏🏼
If your in need of $ now a quicker way would be to look into illegal robocalls, each call is worth between $500-1500.
@@mjohnson1741 what the heck is that? Lol
@@mustseevideos7777 ?...
@@mjohnson1741 The robo call thing. I had never heard about it but looked it up on CZcams. Thank you for sharing the tip!
@@mustseevideos7777 Glad to help! A great expert on the topic is Doc Compton.
My Friend Sarbhloh Gill introduced me to this concept. I still remember he invited me to Nelson's event in Edmonton, I wish if I have taken that opportunity to meet Nelson. Nelson was an awesome person and a very kind soul. I wish if I had met him, indebted to his teaching, Rest in Peace Nelson........
Exemplary human being. A man of wisdom, honor, service, and kindness. Rest in God's grace, Sir.
About 6 months ago I stumbled onto a Facebook ad about IBC and fell in love with Nelson Nash as a new mentor. I wanted to meet him and I will always appreciate his knowledge passed on to me. Last week I signed up and was excepted into the NNI Training program to become an IBC practitioner. I hope to make him proud of how I use and teach others about his teachings on the infinite banking concept. RIP Mr R Nelson Nash.
Honest-1 Auto Care Daytona congratulations!
Honest-1 Auto Care Daytona Why do you say RIP Nelson Nash?
@@quinnoaechase7432 Nelson passed away March 19 2019 which was a few months after my comments.
@honest1Daytona I'm assuming you have a policy? How long have you had it now? This post is over 4 years old now.
Thank you Nelson snd family for passing this onto others.
IBC is and has been changing lives. RIP Nelson. It's been 20 years since we met in Oak Brook at Mutual Trust home office. His legacy is our responsibility.
“Plan as if you’ll live forever
…live as if you’ll die today”
Phew …that got me.
WoW everyone should be doing this. Now I see how we as a nation can be truly independent & financially stable.
King Beardog 🤔I don't. I have a policy bought years ago. I have it.
I am just learning about this concept.
But, I had to pay 💰 for a long time to put enough $$ into the policy.
2) I was not allowed to take $$ for a long time-years.
3) there are penalties and taxes incurred when taking $$ out.
So if it sounds too easy, too good; it isn't.
What am I missing here? Please.
Thank you
@@Dani-ix9cl I’m able to borrow against my policy and not pay any taxes. How is your policy structured?
Oh, how I wish I knew this earlier in my life! It's never too late and I am about to start applying these principles now.
I totally agree with you!
I agree
Be careful!....The dollar is about to crash and money will be re-evaluated. The concern is: what kind of monetary system will we be under....and can we use this system under a new system or a digital system?
Shujaa Kimya Yea been hearing that it’s going to crash ever since the dot com bubble. Stop trying to predict the future.
Indeed. I never knew. My life insurance policy is18 years old. Time to put it to work!
This is a phenomenal tribute to Nelson Nash. Keep the legacy alive. IBC is changing lives. Mines included. Its said that when the student is ready the teacher will appear. Thank you. Greatly appreciate this and I'm grateful. RIParadise Nelson Nash 🙏🏾
great quote
Hhgnb
Amen and well stated ‘ fellow student’ 👨🏽🎓🙏🏽
I'm new to this and working in getting my life insurance agent license so i can sell these policies
I did make the change.. I want to make as many lights Blink as I can. Thank you Nelson, Davis, Carlos and Robert. I was one of the fortunate ones to have been educated by Nelson.
so from that experience do you have you own bank?
I've been using this strategy for the last five years, the only thing I can say is that I wish I started doing this sooner.
“Wishing I did this YEARS AGO!” Thanks Nelson for all you have done it’s so emotional when I see how lives are changed!
What a brave thinker. You know how hard it is to talk to people about “whole life insurance”....they don’t wanna learn or even question what they know.... IBC is the most important thing a person can learn about money...it is life changing. My life will forever be altered (for one I won’t shut up about life insurance)...thank you Nelson for all that you have done. And the many lives you touched including mine. You were an absolute inspiration. You taught the world that’s ok to think a little differently....
Nelson was the second most important part of my 57 trips around the sun. He lit up groups from Hilton Head to Honolulu for me. Our last conversation before he "graduated" rocked my world even more. If you have Arrival Syndrome you're dead!
Who was the other person
Yeah. Who was the other person?
@@moneymitch6790 "part" was my faith and imagination.
@@pineconebliss "part" was my faith and imagination.
An amazing man who wanted to share before exiting this World. I thank him for sharing. May peace be upon him
Sad thing about life is that you don't come to this world pre-programmed with all knowledge you need to learn, and to be taught at my age now, I'm just getting it. Thanks Mr Nelson Nash.
...that's what makes living and learning fun lol
😂😂😂
Donnie Patterson - I am an older person and what we have been programed with since childhood are things that line the pockets of other people, businesses and banks. Ask any old person to tell you about something "if only I had known when I was younger". Most people do not even know about or have not been told the simple basic concept of "The miracle of compounding". The big killer of simple working people's futures, their children's and grandchildren's futures has been the dreadful long term 0%- .3% (1/3) interest rates being paid by banks and money market funds in order to prop up our insolvent economy and government. For many years banks paid 3.5% - 5 % interest with a few spikes as much as 10%.
@maxperry1635 🙌🏼👏🏼💪🏼🇺🇸 I can't love/like your comment enough! Once I learned, truly learned the power of compound interest, my whole financial life has/had genuinely evolved!
I grew up in a low income home, but promised myself that I would be the one to change my family's financial future. Now I'm 51 and I achieved it all through investing. I tout this to every single young person I meet. The power of compound interest is so dynamic and powerful it's just amazing. If you're not investing, even if it's just $50 a month, you're cheating yourself of potential windfall returns. Remember folks, every journey started with a single step. Investing is not a sprint, it is a marathon. Be well. 🙏🏼
I never got to know nelson.. i did read his book.. about 9 times.. before starting my own ibc policy. I have to say.. You never will understand everything until you start down the path.. and start using your policy then you realize..Just how amazing this concept is. I have had ARGUMENTS, will professionals that do not understand this concept.. and all they say is whole life is a waste.. LOL no.. that car you financed was a waste.. My policy is an ASSET. Its like nelson said in one of his seminars i saw.. some just hear too much noise and have stupid thinking. I wish everyone understood it the way he intended it to be understood.
Can this concept be applied with a universal policy as well?
@@stevegonzalez5750 it can but a universal depending on how it is set up may be more expensive on its later years and depending on company whether it’s a participating or non participating company
@@N0body247 Thanks for the response Raver. What would be the best way to set it up to avoid higher costs in later years?
@@stevegonzalez5750 the only way would be to either use a whole life plan or a universal that ends early with payments like a 10 year pay or 20 year pay. They build the policy based on those years and then it’s paid up but conitinues to grow until it’s paid out.
I regret I never met him personally . I spoke on the phone once . Nelson has had the greatest impact on my families life and the lives of my clients that anyone I’ve ever met !! What a great Christian man !What a legacy! Thanks for the tribute!
I have no idea what IBC is, but it seems to be a more humble alternative to the money and life draining financial system we are presented. It is not more popular because the .01 percent does not benefit from this system. Thank you for this out of the box thinking.
I got a Florida mortgage broker license years ago. You have to get formal instruction, pass an exam pay the fees. Our instructor said anyone could be a mortgage broker anyone. He informed us that the class, the study materials the test were designed to trick you. Yes every effort was made to confuse you, limiting the number of people that became mortgage brokers.All of our institutions work first on protecting themselves and their interests.
I wish I knew this earlier, but it is never too late. I have my first beautiful granddaughter and I am going to start a policy for her right away. Rest in Eternal Peace R. Nelson Nash. Thank you.💜✨💜
I am so blessed to have gotten to meet him and I would never forget when he took the time to step to the side and talk to me a wonderful man I'm so glad to have met him it's an experience and an AHA moment I will NEVER forget.
What a wonderful tribute. I can't wait to begin reading Becoming Your Own Banker, take action, and share. I may be interested with becoming a practitioner.
Great stuff Ken! The practitioner program is wonderful and there are incredible people you will connect and build great friendships in the process!
I want to be a practitioner but I'm not in financial services..can I still join
I have a responsibility to my family and loved ones to share this information. Thank you so much Nelson, David, Carlos and Bob 🙏🏾🙏🏾🙏🏾🔥
Thank you Nelson for your servant leadership. Your legacy will not only live on through your family but through your education, books and the life that you have spoke into thousands if not millions of people. Thank you my friend.
I knew little about Mr Nssh, and I have not gotten 2 minutes into this video as yet but it won my heart over just for the mere fact that he was taking time to educate and then he was personalizing the customer experience. Love it. This is how we deal with each transaction in our business. Thank you for your knowledge and heart Mr Nash.
Excellent video...great job (after watching dozens the past few weeks). Only makes me wish I'd met and know Mr. Nash...& sick I didn't. Licensed in 1979 at 26 I sold a ton of term insurance to my mostly poor friends, going on to become a Series 7, 63, 22,24 Stock Broker. Came back to insurance to do Charitable Gift Planning in 1996, & heard of Nelson's Concept of Inf-Banking yrs ago...but didn't pay close enough attention to grasp how foundationally wonderful it really is. Sooo wish I would have & I've even read the Austrians seriously for 40+yrs! I have for yrs given DR a pass for his ignorant hostility to Inf-Banking and Whole Life Ins...giving props for his good work on Debt and Budgeting. BUT...this video ends so touchingly about Nelson's faith and integrity...I confess I'm now far less forgiving. Lord have mercy...and humble DR!
Good ole DR just hasn't had a 2x4 across the eyes like good ole NN... LOL...
First video I've watched on IBC. Loved learning about the man RIP. Now to learn about his legacy and watch more videos.
You can only look into things so long. You must start and write that check. I know I’m on the right path. Thank you forever. Nelson
before starting to watch the video I've said to myself "He better Praise the Lord before starting", so I'm staying!
This is the video that captivated me and led me to the infinite banking Concept. Wish I’d have had the opportunity to meet this great man
This story made me cry... touched and enlightened my soul..thank you R Nelson Nash and those who believed.
“13 years is gonna go by anyway”. 😮😮🤩
Love it OLD school Budgeting ! It's about time people today learn how to handle their money. Kudos
Nelson, seems like the most sincere man ....IBC is life changing and by far the most important thing you will ever learn about money...
Christopher Willis read Becoming your own banker by Nelson Nash it’s 90 pages
Christopher Willis actually never mind ...this stuff is too advanced for you...just do it the way that you think you know
Christopher Willis have you ever considered that you can do both? No because you think know what you’re talking about....you can put your money into a dividend paying whole life insurance policy from a mutual company with a PUA rider and non-direct recognition loans AND put it in this mutual company that’s tied to the market that you think you can make more money in.(you 100% do not know this, what if you were supposed to retire 1 month ago how would your mutual fund be looking?). ...the point is you can do BOTH you can become your own banker AND make investments...and you can get as advanced as you want to with it... if you actually took the time to read a tiny little book it might change your whole outlook on money. IBC is not an investment (although it does pretty decent)..it’s simply where you store your money...instead of the bank...in your example..what you should do is borrow from your own bank (policy)...get your car and pay your own bank back 8% even though you could finance it at 2.5%......it’s all in a simple little book
Christopher Willis in theory however you’re not comparing the same 2 things. Whats the timeline on your spreadsheet? What are your
ASSUMPTIONS regarding the market...?This is more than a simple spreadsheet...honestly it’s pointless even talking to someone about this because you’re stuck in your ways. But
let me try to explain. Nelson Nash the creator of this concept had 49 policies (all of which have death benefits mind you) ...in his book Building Your Warehouse of Wealth he talked about one particular policy. He had a 300 (annual) premium and the policy was 50 years old. Through the entire life of the policy he has put in about $18,000... the dividends he was earning in the end were 3-4K a year. He took his dividends all out 4 years in a row (about 20k)..(these are also tax free and not connected to the volatility of the markets =meaning you never lose money). in these 4 years he recovered every single dollar he put into his policy for 50 years...what does that mean? =there was no cost to have this insurance. Also there’s a death benefit of 100 grand or more (think generationally)...but here’s something else he did. He had an opportunity to buy some timber land and he did so with a policy loan. He took $3000 and bought 100 acres for $30 an acre. He later sold this land for $500 an acre and he financed it at 15% for 10 years....did you include these “unseens”
in your calculations? What was his ROI using this strategy.. hint : it’s infinite....see most people lock their money up in the stock market or qualified plans for life then go to other peoples banks for loans...even in your example for a single car at 2.5% interest..that’s 2.5% you are paying someone else...but here’s a question..,,how many cars are you going to buy throughout your life? What about homes? What about charity? What about taxes you have to pay? What about daily living expenses? What about credit cards? All of these can be recaptured in your own bank....Nelson himself didn’t use a bank for financing for 30 years. And I’m talking cars and mortgages and vacations and investments. Question: your mortgage even at 3% apr, how much interest will you pay over the life of the loan? 100k? 200k? 500k? What if you could 1. Recapture all that money with your own bank. 2. Write off some of the money(interest)you borrowed from your own self? How much more money could you put into your mutual funds that never go down ever and have awesome returns and are a sure thing if you had even $100,000 back by not needing a third party bank for your financing? Now you have all the
Information. I would love to see your simple spreadsheet now.
Christopher Willis czcams.com/video/ILkaBcWO_k0/video.html. Here’s him talking about this very thing..watch @48 :00 (in the link I sent)minutes in or the whole thing..this might help you understand
It's true it's never too late to start. I just made my 2nd premium on my 1st IBC policy. You must re-educate yourself to build your own banking system with IBC. The concept is very simple but the hardest part is ignoring the noise. There are no EASY money systems out there. They all take dedication, hard work, and a strong will. But in the end, IBC is the ONLY one that removes almost all the risk with the most benefits.
very well done!! ..... good and faithful servant...
Thank you for this wonderful message!
THIS TRULY BLESSED MY HEART AND SOUL❤❤❤❤
I just spoke to a Nelson Nash Institute advisor. Told me that being on SSDI, I do not make enough money to pay for a premium, and that because I am on SSDI getting a premium would be difficult in the first place...so, this only works for people who already have money. If you're on a fixed income, you're SOL.
What a beautiful and wonderful tribute to a truly amazing person. Thanks for sharing your wisdom and life experience with those of us that you have inspired. Thanks so much for sharing. 🙏🏼
Father, thank You for giving me Nelson Nash as I learn how to do what You commanded me to do by becoming my own bank.
Great Godly Man , Great Legacy, i got to meet him and his wife while attending one of his seminars in Texas that transformed my life God bless the whole Team
Caroline, do you mind DMing me so I can find out if I can afford to get started?
You changed my life Mr. Nelson Nash!!
I had to do more research & I'm glad it led me here
Wow, what a treat to watch this! Thank you for putting it together and for sharing. This says a lot about the man, Mr. Nash, as well as IBC. Very cool...
Leonard Reed, Henry Hazlitt, Herbert
I can't wait to start. Thank you I prayed to got to escape this mess. Thank you for the answer. Bless you Nelson
38:40 "learning should be a continuous process all of your life"
👍👍🤔❤️💯👏👏🔑to success🤷🏻♀️
Simply amazing story and testimony of an obviously great and Godly man. Thanks for posting this.
"I'm like a mosquito in a nudist colony. I know what to do, but where do you start?" LOL
Hi. I can help you where to start.
@@vangiehomes9831 tell me
Today I met with Kevin Dottenwhy up here in Wausau, WI. For the 1st time, he’s one of Nelson Nash’s students. I learned a lot & want to learn more. This concept is Genius.
Nelson Nash was exposing socialism this whole time I'm so bless
Seems like a wonderful man. . .thanks for reassurance ! 🖤❤
This is beautiful, it’s going to change my life and everyone I tell about it.
How are you, I wanted to know how things are goin with infinite banking? I found out about this concept through wealth nation io "Darius and Carmen" Have you set up your policy yet?
Thank you for being faithful to share
😭😭😭😭😭😭😭........I only discovered his existence, but I believe that Nelson was a great man. Sorry that I couldn't meet him. Rest in Peace.
All I could say is ....wow!!!!
Life changing.
I am richer having watched this, thank you.
i wish id learned this 30 years ago, but its never too late to start somewhere
You and me.
This is going to be fantastic.
Great production and information! Thank you all!
Remarkable story.
As we sit on the precipice of transition, I ask myself what new approaches we should take to not only look after ourselves and immediate family, but to creat new vessels that will provide community stability in the storms ahead. Will insurance companies continue to offer whole life? Will government/bank tolorate IBC easily? Should new cooperative associations be made to fill in voids of failed institutions?
I love Nelson’s teachings! I have 4 policies myself for my family and I to leave an awesome legacy once i transition to the next life.
Understand Mutual Life Insurance Companies vs. Stock Life Insurance Companies. Higher dividends paid out on the high cash value accounts. How the banks have Whole life policies as an asset on their books etc.
Thanks guys!
Your are so correct sir about dealing with excess baggage people create in people's lives, that serves no purpose. And the only solution is to stop playing there games and ignore them.
I'm going to change my life for the good of all..thank mr Nelson Nash ..
Have you started using the infinite banking concept?
Making me cry! Wish I’d met him.
Very enlightening
We miss you Nelson!!
That was amazing!!: time to get to work...
Wow! What an amazing presentation! Grateful to have been introduced to this concept!
I met Nelson in 2010 briefly and it was an amazing experience... thank you for your guidance Nelson
My mentor!👍
He used whole life not IUL
Intresting
This is the 100th time I’ve watched this…..
What did Nelson say to read other than his book?
Awesome video
The rate of decay is the factor I've learned recently that is a delimiting factor of reaching intinity -
This is Great Thank You
TY......... :-) will pay it forward......... :-)
I like Nelson’s going to town hat
I wish I could met Nelson
We don't have whole of life insurance policies anymore in Australia, they brought in superannuation which has similar attributes, I'd like to know more about this for Australia since the book I see was translated them I thought perhaps it's possible for Australia.
It is never too late.
Amen 🔥🔥🔥
Is this available in Australia please
can I use the IBC in the UK?