Individuals who own one or several dividend-paying Whole Life insurance
policies that are designed in the special way advocated by Nelson Nash’s
Infinite Banking Concept (IBC) are often faced with a perplexing question
and a decision they must make whenever the need arises to purchase or pay
for something.
Questions To Ask BEFORE You Apply For Life Insurance
Nobody wants “buyer’s remorse” when it comes to something as important as life insurance! And yet, we hear it all the time… policy owners who wish they knew what they know now before they bought their policy!
Today we’ll give you some questions to consider early in the process. (There are also questions to consider later, such as specific riders, amount of insurance, beneficiaries, but first things first.) There are important questions you may not know to ask, and additionally, there are the questions that everyone asks that may be less important than you think!
Bernie Sanders introduced a bill to tax Amazon and other large employers based on how much assistance their employees get from the feds. This is a terrible idea that would hurt workers.
Earlier in this series of articles I wrote a little bit about Social Security. But,
it kept haunting me that there is much more that needs to be revealed about
this unbelievable con game. And so, I offer just a few additional facts about it
and my observations of human financial behavior because of it.
In the May 2017 issue of the LMR, I wrote the first part of this series. I
began to tackle a common objection that Carlos and I get, when we talk
to crowds familiar with Austrian economics. (Notice the quotation marks
around the title of the article: These words are coming from the public, not
from me.) Specifically, people wondered how Carlos and I could be in
favor of the Infinite Banking Concept (IBC), after we had systematically
explained that the Federal Reserve’s actions since 2008 had set the U.S.
economy up for another crash, and also threatened the U.S. dollar. In such an
environment, why in the world would somebody want to load up on a dollardenominated
asset like life insurance?
THE RISE (AND FALL?) OF THE FED’S FLOOR SYSTEM – BY Robert P. Murphy
The Fed instituted a very important new policy in October 2008, which casts doubt upon the rationale for the bailouts. But this new approach may be unraveling.
The biggest fear that people over the age of 60 have is running out of money in retirement. And for many Americans, this is a very real risk, not an irrational phobia.
The central bankers are a clever bunch–they’ve convinced the public that a lack of oversight is a GOOD thing.
Former Dallas Federal Reserve President, Richard Fisher, publicly dressed down President Trump in a recent interview with CNBC in response to Trump’s remark that he’s “not thrilled” about the Fed’s interest rate hikes. Obviously, Trump’s comment upset Fisher quite a bit and he told CNBC that by making that comment “Trump is out of line.” 1
My business partner and coauthor Carlos Lara and I have been warning since the financial crisis of 2008 that the Federal Reserve’s response has merely set us up for another crash. In September 2016 we released a video entitled, “How to Weather the Coming Financial Storms” which outlined our prognosis, and gave strategies for business owners and households to protect themselves. (You can still view the video from our main landing page at: http://laramurphy.
The answer is in an Infinite Banking policy. Nevertheless, most Americans put the amount they intend to save at risk by placing them in qualified plans, which are nothing more than investment vehicles controlled, not by you, but by the government, Wall Street and your employer. We would like to compare an IBC policy to qualified plans on four key elements.
