John Doe is a male, age 36, non-smoker and in excellent health, paying $30,000 a year for 20 years to an Infinite Banking Concept (IBC) policy. See attached highlights of that illustration. Assume that in policy year 7, John comes across a great opportunity in real estate that needs an investment of $200,000. John has … Read more
We are in a serious financial crisis. And, it is not only Americans who have been holding their breath throughout this ordeal. Many other countries of the world also fear total collapse because our economic affairs are so intertwined. As we watch the stock markets rollercoaster downward, we wonder if anything can possibly work at this point.
The first step in the implementation of the Infinite Banking Concept (IBC) is to read several times Nelson Nash’s “Becoming Your Own Banker” to be sure you don’t miss any of the gold nuggets within the pages of this book.
Why Should I Build Capital with the Infinite Banking Concept? By Ryan Griggs
One of the great advantages of an Infinite Banking Concept (IBC) policy is that you have access to the cash value in your policy any time you need it in the form of a policy loan.
This week’s news about President Joe Biden’s preparations for leaving office before the holidays should be another glaring example of why we need to intensify our efforts into doing all that we can to motivate each other into taking personal action toward protecting ourselves and our families.
We read “The Richest Man in Babylon” many years ago; long before we were introduced to the Infinite Banking Concept in 2008. The author, George Clason, is known for writing a series of informational pamphlets about being thrifty and how to achieve financial success.
This is an article about Entrepreneurship. It is an economic article intended to briefly explain the organization of production and how the central role in this process belongs to the Entrepreneur, the men and women who invest in “capital.” Additionally, we discuss a few
misconceptions about the processes utilized by the entrepreneur in
assembling the various means of production, especially in the area of capital formation. Included are comments on corporations, the stock market, and government intervention in the market.
The Infinite Banking Concept (IBC) is a major paradigm shift for most people. You should start by reading several times Nelson Nash’s “Becoming Your Own Banker”
These economic theorists have at their
core of thinking the principles of scarcity and choice. More importantly, they believe that economic value is subjective to the individual. These concepts, when used in the thinking process, provide the ability to see the world and especially the market economy in a uniquely different way from all other schools of thought.
