FEAR MONGERING!! Responding to comments part 5

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#infinitebankingconcept #firstlienheloc #hazeltinellc

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ARTICLES/VIDEOS MENTIONED
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"Becoming your own Banker" by Nelson Nash:
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Timestamps
0:00 Answering objections
1:45 Cashflow is key
3:00 When should you use policy loans?
6:00 Clarifying how whole life works
9:55 Discount rate
10:55 How cash value grows in whole life
15:10 Roth IRA is the ultimate place to store money???
18:20 Missing the concept and jumping into the mechanics
22:30 Maximize credit card rewards
24:35 Convertible term
26:10 The bank can FREEZE your HELOC!

#velocitybanking #wholelifeinsurance #lifeinsurance #wholelife
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HazeltineLLC
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It’s so common on YouTube to hear this argument whether the policy should be used to invest only or buy cars and finance the major purchases in your life.

The answer should be both. I think we’re asking the wrong question.

The question should NOT be what is the best use of a policy and policy loan. Of course, the best use of our money in general is to buy assets that produce more money. That said, we would never buy houses or cars or food ect. However, we need to spend money on the items to live.

The question should be. What is the best way to purchase a car.? What is the best way to purchase a home? What is the best way to set aside money for investing.

If those are the proper questions, the answer would logically be… our major purchase money and our investment war-chest should go into a policy first and then deployed when appropriate.

AndrewHansen-bc
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14:16 Great content as always. As someone who likes doing their own research and being very hands on in these types of matters, I can absolutely confirm that for both infinite banking and velocity banking, you will likely hit the wall of limitation very early on if trying to implement on your own, and a competent, qualified professional will illuminate nuances and elements that would be virtually impossible to uncover on one’s own. I have just started the first steps of working with an IBC expert and this became immediately clear to me, so I thought I would corroborate Logan’s insight.

InSearchofEfficiency