Becoming Your Own Banker

Becoming Your Own Banker
Description
Solve for this need through this instrument and you will end up with more life insurance than the companies will issue on you.. This book demonstrates that your need for finance, during your lifetime, is much greater than your need for protection. It is education that the life insurance industry should have taught during the last 200 years. Unfortunately, the industry has concentrated on the death benefit qualities of the contract and has neglected to adequately describe the financing capabilities that it presents for the policy owners. Becoming Your Own Banker – The Infinite Banking Concept describes the power of dividend-p
Interesting concept for a part of your assets As a financial planner and now working for a mutual insurance company this is a unique concept that can be built into most clients portfolios. Although this book was supposedly written for the general public and not insurance agents, the concepts would probably be above the head of a layman.I believe this concept can work if an investor is disciplined (not always a trait in today's ADD world), but can work (math is math). The most important thing is committing to the strategy and making sure that people follow the. Carlos Pringle said Investing in yourself. There are few books out there that give good guidence and knowledge in regards to investing. It is a sad but pertinent reality that today, we as a nation, lack any financial knowledge in regards to properly saving our hard earned dollars. I myself am a product of that reality. Like many I borrowed money to go to college and started my life off building debt against myself. Now I'm paying interest and dollars to a company when in tandem, I could have avoided the whole circle all together. This book really opened my. Randall Gaume-wakefield said His methods of delivery were a source of great angst.. Would have given a five if Nash would have stuck with the math and the very sound principles of his concepts. His methods of delivery were a source of great angst the concept of being your own banker is excellent but it got muddled by his sanctimonious pontificating and scripture quotes. Not that I actually completely disagreed with it - but the style of delivery and old grandpa approach was a true turn off.Despite his horrendous writing style - this is still one of the best books on the topic - the math does not