Posts Tagged ‘Infinite Banking’
Buy-Sell Agreements: Using Life Insurance to Fund Your Exit Strategy
Locking in your exit strategy with a buy-sell agreement can create great certainty. The reason is that it will accommodate the continuity of your company in the broadest range of circumstances. Planning for your continuation when you or your co-owners exit is critical. It could mean the difference between ownership transition becoming the capstone of your…
Read MoreWhy You Shouldn’t Cancel Whole Life Insurance
Should I cancel my whole life insurance? Not so fast! Before you make that decision, read this first. No matter your reasons, you need to know what happens if you stop paying whole life insurance premiums and why canceling is rarely your best move. At some point, you saw the value in owning whole life.…
Read MoreWhy the Executive Bonus Plan Is the Ideal Golden Handcuffs
The Executive Bonus Plan can be the ideal “golden handcuffs” for the top talent you can’t afford to lose. In truth, associating long-term dedicated employment with slavery seems a bit archaic and melodramatic. We all know you can’t keep good people by holding them hostage. Instead, you’ve got to set the table that attracts them…
Read MoreThe Night I Almost Died, and Why My Family Wouldn’t Need a GoFundMe
You can survive dying without needing a GoFundMe. I’m living proof. Three weeks ago, I almost died in an emergency operation after childbirth. Today, I’m looking down at the fluttering eyelashes of my snoring newborn, and my heart swells with enormous gratitude for the privilege of being alive to witness her life. In today’s podcast, my…
Read MoreSelf Directed IRA for Real Estate Investing
We often get the question, should I use a Self-Directed IRA for real estate investing? When you’re looking for the capital to get started in real estate, one of the most common sources is money inside of retirement accounts such as 401k’s and IRAs. However, using tax-deferred retirement plans to invest in real estate is…
Read MoreEconomic Value Added (EVA) and Infinite Banking
Economic Value Added (EVA) is a little-known, but impressively effective measure to boost your profitability. Coca-Cola, AT&T, Quaker Oats, CSX, and Briggs and Stratton helped the term rise to prominence when they adopted economic profit, or EVA, in the 80s and 90s. Focus on this insightful accounting measure resulted in an overwhelming increase in business…
Read More10 Top Mistakes Buying Life Insurance
When buying life insurance coverage, most people don’t have a complete map. Without all the information to make the best decisions, many people make mistakes that lead to buyer’s remorse. But you don’t have to worry, you can recognize and sidestep the common pitfalls people make. Don’t end up frustrated, discouraged, unsatisfied, or without protection…
Read MorePrivatized Banking: The Best Life Insurance Companies
How do you find the best life insurance companies? You want only the strongest, most stable companies to ensure the best results over the long-term. But what criteria do you use to evaluate and discover which companies are, in fact, the best? Is there an objective measure, or is it a matter of personal opinion…
Read MorePrivatized Banking – Life Insurance Loans and Why We Use Them
Life insurance loans are one of the superpowers of the Infinite Banking Concept. They create a powerful financial tool when structured as dividend-paying whole life insurance designed for uninterrupted compound growth. These loans from life insurance policies make the cash value of specially-designed life insurance an ideal pool of capital for your investing strategy. Life insurance…
Read MoreBorrowing Against Life Insurance vs Bank Financing
Why would I borrow against my life insurance instead of getting a bank loan? You might be thinking, I could get a great rate from the bank because I have a good credit score. You might be right, but do you want to rely on that? Let me propose this idea to you. Back in…
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