In this nine part series, Tom is joined by fellow IBC Practitioner Chris Tormey to provide their perspective on Foundations of IBC. Today, in part one, they elaborate on the Infinite Banking Concept itself. They further discuss the characteristics of a good investment and how a well-structured whole life policy can provide benefits such as accessibility to cash, minimal market volatility, protection against inflation, and ultimate control of your wealth and finances. During this series, they will share the common misconceptions about IBC and shed more light on the many benefits of this way of thinking. Tune in over the next few weeks to learn more!

Highlights 01:49 Who is Chris Tormey and how he has been interested and involved in the concept of infinite banking for almost a decade 02:55 The complex concept of IBC and make it applicable to life, beyond just finances 04:36 Brief background of Nelson Nash's journey to creating the IBC 07:14 The two major functions that banks serve in the economy and how IBC can serve as an alternative for one of them 13:40 Characteristics of the ideal investment 16:50 Misunderstandings about the product providing the IBC platform and clarification about its characteristics 27:13 Exploration of the mutual benefits between the insurance company and the policyholder in IBC

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Chris Tormey
• https://www.monecoadvisors.com/team/chris-tormey
• https://infinitebanking.org/agents/tormey653/

Call to Action Schedule a Call with Tom

How to Listen: Subscribe on Youtube Listen on Spotify