2022 November BankNotes
Conclusion: The reality is that the existence of policy loans against cash values dates back to the mid-1800s, but the life insurance industry has never vigorously promoted them.
Blog 93 – Have a Happy Thanksgiving from our family to yours!
There are many traditions that come with this day, but the more popular are: spending time with family watching football or the Macy’s Thanksgiving Day Parade, making wishes out of wishbones, unique traditions, decorations, and recipes to go along with Thanksgiving dinner. Whether you have Cornish game hens or oven-roasted turkey, there are many ways to celebrate this holiday.
Blog 92 – Addressing People’s Concerns About The Infinite Banking Concept
Capitalization Phase. The difference between the cumulative premiums paid and the cash values during the first few years of the policy is due to the initial cost of setting up the death benefit and the compensation to the financial professional who designs, sells, and will service the policy for years to come. This is what Nelson Nash calls “the capitalization phase of the policy”. It is the year that your IBC policy becomes profitable, and the profitability of your policy is contractually guaranteed to increase every year.
2022 October BankNotes
There are many reasons for believing that a dividend-paying whole life insurance policy from a mutual insurance company is one of the last remaining bastions of safety and growth for our savings here in the United States.
Blog 91 – What Does It Take To Implement The Infinite Banking Concept Successfully?
We get the following question quite often from prospects: What does it take to implement the Infinite Banking Concept (IBC) successfully?
2022 September BankNotes
all businesses recognizethe fact that finance of the business is necessary—butthey never address the cost of acquisition of finance!
Blog 90 – Infinite Banking And High Inflation
With financial news reporting higher inflation due to our over-inflated government and too much money being printed, it is understandable that many people are seeking ways to personally combat the effects of inflation on their lives.
2022 August BankNotes
Whatever we may say against or in favor of this idea, the positive thinking movement in 2017 is a multi-billion-dollar industry, which rides the crest of an overarching mantra that preaches that positive thoughts create and transform reality. What I was most surprised to learn from this study was that positive thinking is a uniquely American idea, which had its beginnings in 1820.
Blog 89 – Dividends In IBC Policies
An IBC policy is a dividend-paying whole life insurance that you obtain through a mutual company, rather than a stock company. Mutual life insurance companies share their profits with participating policyowners via dividends.
2022 July BankNotes
After completing last Month’s article in the LMR on the multi-millionaire Spencer Hays, I was moved to undertake an extensive study on the one thing that he had obviously perfected the art of positive thinking.