Welcome to February everyone! Darren and Christina go through a few updates including the recent interest rate hike and speculation on where rates will go for the rest of the year, a potential bounce back in the stock market, mortgage rates and GIC updates, a pricing outlook for housing in 2023 and finish with some updates within Control and Compound Financial and a question from our listeners!

#infinitebanking #stockmarket #realestateinvesting

Show notes:

00:00 - Introduction

1:00 - Interest Rates Update

3:20 - Stock market update - bounce back?

4:55 - Mortgage rates update

5:20 - GIC update

6:25 - Housing price outlook - 6% drop

8:05 - Control and Compound updates

9:55 - Questions from listeners

15:25 - Podcast episodes released in January

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On today’s episode, Darren and Christina break down all the components of life insurance including what kinds are available, what the best options are, and how and which policy you should be using when it comes to the infinite banking strategy. You don’t want to miss this episode!

Show notes:

00:00 - Introduction

1:08 - How many types of life insurance are there?

2:00 - Breaking down term 10 insurance

6:40 - Options at the end of a term 10 policy

13:00 - Breaking down term 20 insurance

20:55 - Breaking own universal life insurance

32:20 - Participating vs. non-participating whole life policies

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On today’s episode, Darren and Christina had the pleasure of welcoming Neal Andreino and Chandler Haliburton, hosts of the Master Keys podcast, to the show. Master Keys is the #1 real estate investing podcast in Atlantic Canada and Neal and Chandler have their fingers on the pulse of all things real estate investing and development in Halifax and the surrounding areas.

The four chat about many different topics including Neal and Chandler’s current portfolios, whether or not the BRRRR model can still be effective in today’s market, their thoughts on the 2% rent cap, backyard suites and bungalows, and their future outlook on the East Coast market.

Show notes:

00:00 - Introduction

1:50 - How Neal and Chandler got into real estate

5:45 - Neal and Chandler’s first purchase in the real estate world

14:30 - How Neal and Chandler grew their portfolios

19:55 - Is the BRRRR model still effective in Halifax…Canada?

22:50 - Breakdown of the Halifax market: past, present, and future

29:38 - Chandler’s current land development

40:45 - How tough is it to get tradespeople in Halifax

43:40 - Cost of goods for construction

47:00 - Thoughts on the 2% rent cap

51:00 - Predictions on if the 2% rent cap will stick around

55:55 - Backyard bungalows and suites

1:03:10 - Application to get permits to build outside HRM

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FIND MASTER KEYS ON:

INSTAGRAM - https://www.instagram.com/masterkeyspodcast/?hl=en

TIKTOK - https://www.tiktok.com/@masterkeyspodcast?

FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/

YOUTUBE - https://www.youtube.com/channel/UCbwGbXm4rUWTZ-_6TOkuHfg?app=desktop

On today’s episode, Darren and Christina break down how pre-construction projects work, a step by step process of what you need to do and they finish the episode off with how infinite banking can be used to enhance these types of projects. Tune in now!

Show notes:

00:00 - Introduction

1:15 - Hands-on vs. hands-off investing

2:45 - What is pre-construction?

4:00 - Example of pre-construction project

8:45 - Breaking down the steps you need to take for pre-construction project

15:45 - Picking the right builder for the project

20:00 - The 3 clauses you need to know about

26:55 - How infinite banking makes a pre-construction project better

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FACEBOOK: https://www.facebook.com/controlandcompound

On today’s episode, Darren and Christina go over the SMART goals strategy, how to get organized for the year, making sure you set BIG goals, and finish the episode with how Control and Compound specifically sets and attains their goals.

Show notes:

00:00 - Introduction

1:05 - SMART goals method

2:15 - Specific goal

4:00 - Measurable goal

6:05 - Attainable goal

7:10 - Relevant goal

8:00 - Timeline for goals

10:00 - Big hairy audacious goals

14:30 - How Control and Compound sets and reaches goals

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In the first episode of a series breaking down Darren’s book “Infinite Banking for Real Estate Investors”, Darren and Christina chat all things private lending and how you as an investor can use other people’s money to take advantage of opportunities in the market. This strategy is what some of the most savvy investors use and after listening to this episode, you too can use it effectively. The episode concludes with Darren and Christina explaining how using infinite banking concept with private lending can be a true game changer. Tune in now!

Show notes:

00:00 - Introduction

2:00 - Why do private lenders loan money?

4:00 - What does a typical loan look like?

6:10 - What does it mean to be in first position?

14:25 - Where do you find private money?

19:10 - Costs associated with borrowing private money

21:05 - Incorporating infinite banking with private lending

27:10 - What other podcast episodes will help me with this?

29:50 - Wrapping up

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Happy New Year folks! It’s the first Control and Compound update episode of 2023, Darren and Christina look back on a great 2022 and then forecast the upcoming year and what we should expect to see with interest rates, the stock market, housing market, and of course the insurance industry at large. The team at Control and Compound is pumped for a huge year and we have some great podcasts coming out soon so be sure to check back soon!

Show notes:

00:00 - Introduction

00:55 - Interest Rates for 2023

5:30 - Stock markets in 2023

6:24 - Housing market in 2023

9:45 - Industry news

12:25 - Control and Compound updates

16:30 - Podcast updates

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

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Merry Christmas Everyone! On this episode, Darren and Christina break down the steps you’ll need to take so you can get approved for an infinite banking policy and start taking control of your money now! Tune in and let’s get started.

Show notes:

00:00 - Introduction

1:18 - Finding out if infinite banking is for you

2:20 - Life insurance application break down

9:40 - Steps you need to take if you have a potential health issue

13:25 - Finalizing the policy and making it active

15:50 - Other options if someone gets rated and loses coverage

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In this episode, Darren and Christina break down how the modern day bank makes money using your money. It’s quite the business model and the best part is, Darren and Christina tell you, the listener, how you can use the same strategies and be your OWN bank!

Tune in now, you don’t want to miss this one.

Show notes:

00:00 - Introduction

00:45 - Origins of modern day bank

3:30 - The 3 wants that banks have

8:32 - How do banks make their money?

12:15 - How to be your OWN bank

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

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On this weeks’ episode, Darren and Christina are back with part 2 of answering your most frequently asked questions! We have compiled questions 11-20 from Instagram, TikTok, and YouTube and address them all. Enjoy!

Show notes:

00:00 - Introduction

00:53 - How come everyone isn’t getting an infinite banking policy? Shouldn’t it be more popular?

2:25 - How many infinite banking policies can I own?

4:00 - How do I take out a loan on my infinite banking policy?

5:20 - Are infinite banking policy loans taxable?

6:55 - What are the interest rates on these loans and are they fixed?

9:05 - Do loans affect growth of cash value inside policy?

10:00 - Can I use the infinite banking policy to pay off my mortgage?

12:47 - Does it make sense to make deposits with funds from an RRSP?

15:30 - Can I set up an infinite banking policy inside my corporation?

17:18 - Can I use an infinite banking policy as an asset class?

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