In this installment we cover: Types of Life Insurance Companies.

There are two types of Life Insurance Companies: Stock and Mutual.

Stock companies have stockholders as owners whereas Mutual life insurance companies have policy holders as owners. Mutual companies are preferred for implementing Infinite Banking, as the policy owners receive dividends thereby.

Welcome to our EncycloMedia Series!

This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

In this episode we discuss the conventional, the unconventional, the convenience, the paradigm shift and more of what Infinite Banking is.

We look at some historic examples of using whole life insurance such as from Walt Disney, J.C. Penny, Stanford University, McDonalds and all the way to how you and I can benefit from owning and using a private monetary system.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

In this episode we address the saying from Warren Buffet, “Rule #1: Never Lose Money. Rule #2: Never Forget Rule #1”.

It is in fact possible to keep what you earn; for your whole life. Use can use Whole Life Insurance for your whole life (pun intended;) to build a privatized banking system to protect your capital while still leveraging it for what you do.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

“Whole Life Insurance has a bad rate of return.”

Is that so? By what standard? Are you sure?

In this episode we clear up this misconception.

What value would you put on guaranteed, legally binding, contractual growth on your capital for your whole life? Is that a bad thing? I think not.

Access to tax-free capital, compound interest, significant net worth, protection from market volatility and so much more come into this conversation.

There’s more to this misleading statement than at “face value” (pun intended;)

Let’s clear this myth up!

YOU can become your own banker.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

LIVE & LEAVE A LASTING LEGACY

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

Welcome to our EncycloMedia Series!

In this installment we cover: Whole Life Insurance.

Whole Life Insurance is insurance on a life, with level premiums, and a guaranteed death benefit. It is a time-tested product that may be privately owned, with a cash value, guaranteed compounding growth, tax free access to capital, and much more.

This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

In this episode we discuss approaching personal finance with a marathon mindset. Planning as if you’ll live forever and living as if you’ll die today seems to be a good approach to “living & leaving a lasting legacy”.

As people we tend to overestimate what we can do in a short amount of time and underestimate what we can do over a lifetime.

You can become your own banker. You can also change the finances for your family tree.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

What is a segregated account?

When implementing Infinite Banking, it can be convenient, clean and helpfully concise to integrate the use of a separate traditional checking or savings account for your cash flows to and from your policies.

Tune in to this Quick Take to learn how it can work for you.

Live & Leave A Lasting Legacy. Become your own banker.

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

“With Whole Life Insurance Policies you pay interest to borrow our own money.”

NOPE. Not even close. NO. Incorrect.

In this episode we clear up the myth that “you pay interest when borrowing your own money” from a life insurance company.

Cost of capital, contractual access, Economic Value Added, BANKING and more come into this conversation.

There’s more to this misleading statement than at “face value” (pun intended;)

Let’s clear this myth up!

YOU can become your own banker.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

LIVE & LEAVE A LASTING LEGACY

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

In this episode we address the saying of “Big Hat. No Cattle”.

Whew! This one can hit home if we are honestly able to introspect. Most of us spend all, if not more, than we make. Parkinson’s Law is expressed in lots of ways in our common talk and this saying is a good one to consider.

Even for those who have a good income, pay cash for things, have a respectively good net worth, etc. it is worthwhile to question how much liquidity is available for “cattle” or anything else we may want or need to do. Is our capital locked up somewhere? At risk? Incurring fees? Being Taxed?

There’s a better way. Become your own banker.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

In this episode we discuss the who, what, when, where and how of “the numbers” when it comes to Infinite Banking. Visual aids, policy illustrations, graphs, etc. can be very helpful for us visual learner as long as they are appropriately introduced.

The numbers have their place whether you are researching, considering or implementing the Infinite Banking Concept. Going over the numbers before understanding and accounting for certain principles can be unhelpful; even detrimental.

LIVE & LEAVE A LASTING LEGACY

If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:

www.durhamtalents.com

All content on this channel is for informational purposes only.

Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.