Episode 32: The Downsides of IBC

Welcome back to The IBC Guys Podcast!  

In this episode of The IBC Guys, Dave discusses the downsides of IBC.  The Guys want to get IBC out to everyone, so the Guys thought it time to discuss the downsides of IBC.  Dave discusses the downsides to individual policies as well as the broad overarching downsides of all Whole Life policies.  Dave doesn’t do this alone, though.  He brings in Nelson Nash, Carlos Lara, and Dr. Bob Murphy to help him discuss the aspects of IBC that maybe aren’t so great.

Also in this episode, Dave cannot say big words, there’s technical difficulties, and Dave provides unprompted book reviews. If you’ve been wondering what the downsides of IBC are, this is the episode for you!

Key takeaway: IBC is not an investment.  The goal of IBC is to monetize money one is already spending.  In other words, to have one's money make money make money.

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