Velocity Banking & Infinite Banking Breakdown

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  • Опубликовано: 13 сен 2024
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Комментарии • 52

  • @1maxnbrg
    @1maxnbrg 5 лет назад +6

    You sir are a genius. We started early this year an have drastically increased our cash flow. LOC✔️ now working on a policy. Thank you young man. Salute 💯

  • @low7free206
    @low7free206 4 года назад +3

    Exponential content bro. Bravo. My father speaks hardly any English but hes amazing w/ dinero. I was explaining to him "Debt Weapons & so forth". He was amazed that a 23yr old was at this level. He told me 2 things 1) if your vids were translated/subtitled in Spanish your views would explode beyond belief 2) this art your kicking was called "MoneyMechanics" by the Jews & Mafioso back in the days. -Dejar La Vela Prendia-

  • @jedi21f
    @jedi21f 5 лет назад +5

    I like this illustration which I have been putting to work myself. Thanks Denzel.

  • @1Chrisharper1
    @1Chrisharper1 5 лет назад +3

    Content is Slammin Denzel! God Bless You because he's Blessing us through You!

  • @brian1680
    @brian1680 3 года назад +3

    I just got my insurance(52 yy) setting up infinite banking and will velocitize it.

  • @rsasllc-houseflipping6917
    @rsasllc-houseflipping6917 5 лет назад +3

    Really enjoyed seeing another example of a real estate investor.

  • @Rodzilla-wi1yu
    @Rodzilla-wi1yu Год назад

    This stuff is great Denzel. I have to get my Income, Expenses, Debt and cashflow in order so I can determine which tool to use (LOC, CCards, Policy) to eliminate my debt. I just signed up to your Kingdom and will be starting at Q1. Thank you again!

  • @jeannej19
    @jeannej19 4 года назад +4

    I'm 51, no health issues, so sorry I've never heard of this before now.

  • @teffanielefrancois6191
    @teffanielefrancois6191 5 лет назад +3

    Great video, positive energy!

  • @blackjackshooter6547
    @blackjackshooter6547 5 лет назад +3

    Awesome video. Thank you...

  • @rondeezle
    @rondeezle 3 года назад

    What a wealth of financial knowledge. Thank you for all of this amazing content.

  • @savealot2
    @savealot2 4 года назад +1

    This is amazing!

  • @albertho7344
    @albertho7344 5 лет назад

    When you flow the money from LOC to policy, what are you paying for?
    a. Paying for the policy premium
    b. Paying for policy loan
    c. Paying for policy accured interest
    d. A and C
    e. A, B and C.

  • @MrWanenglee
    @MrWanenglee Год назад

    Nice demonstration videos..
    I would like to talk to see what can you do for my number for infinite banking.

  • @dwaynerobare1153
    @dwaynerobare1153 4 года назад +1

    Hi Denzel, I really enjoy your videos. I have been watching quite a few of them over the last several days and am intrigued with the idea of velocity banking. One of the common stumbling blocks is the ability to pay your Mortgage with a credit card for the Monthly payment. My question is, what would change in the process if we just hold back the amount needed for the Mortgage and pay it directly every month until we chunk the payment lets say every 6 months. This way you only have to deal with writing a cash advance check from your LOC/credit card either to the Mortgage lender, or yourself then the lender. Could this be a solution where difficulties arise with the Mortgage payments? Thanks again Denzel.

  • @sergiosanchez4027
    @sergiosanchez4027 4 года назад +3

    Your a freaking Genius 💪😁

  • @taliawashington4346
    @taliawashington4346 4 года назад +1

    Wow, you're ambidextrous and super intelligent!!

  • @Matthewtgavin
    @Matthewtgavin 5 лет назад +2

    Thank you.

  • @tedbrown7908
    @tedbrown7908 3 года назад

    There is a choice to be made here. Having a debt and good credit as oppossed to having no debt and poor credit. What trade off will you accept?

  • @shelinirupwate5699
    @shelinirupwate5699 3 месяца назад

    I'm trying to work both systems...
    Does it make sense to take out a policy loan to pay off my HELOC?

  • @beautybella
    @beautybella 4 года назад

    How do I get started with this? Also how about a video on how we can do this for our kids and what would be a good amount to start with.

  • @Joel_Pinedah
    @Joel_Pinedah 5 лет назад +2

    So the 60k is cash the person had? I have a life insurance benefit but I don’t know how to borrow against it

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  5 лет назад

      Joel Pineda yes that is what they had in cash. For your current policy you may not have any cash value in there. You need to have cash value in order to borrow from your policy.

  • @philipwells720
    @philipwells720 Год назад

    You don't talk enough about the drag of the interest you pay for the policy loan.

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  Год назад

      You might be right in this video. This is an old one in my newer videos as I’ve learned more about the concept I would say I cover it well enough. My position is pay the loan interest each year when you borrow to avoid compound interest interfering with investment plans or other strategies

  • @pierreross2544
    @pierreross2544 4 года назад

    Great content! but how soon will I be able to borrow. From my own money?

  • @Magarcia42986
    @Magarcia42986 4 года назад +2

    Hey Denzel, so when I transfer a chunk to my checking account from my LOC of a total of 10k or more. Is there a concern of the irs looking into my accounts or cause them to have to audit me because of the amount deposited? Can you shed some light on that please

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  4 года назад

      Miguel Garcia that doesn’t make sense why the IRS would care how much money I move from one account to another. You get audited when the IRS believes they are owed more money in taxes if you file incorrectly and make sure everything is recorded properly.

    • @Magarcia42986
      @Magarcia42986 4 года назад

      Denzel Napoleon Rodriguez no I meant in the sense that any money transaction 10k or more in an account, the bank has to report the transaction to the irs so If I’m transferring 10k from my LOC to my bank account every 3/4 months, will it be a red flag under my account? Or is it only triggered if it’s a cash deposit rather than a credit like the LOC processes it as.

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  4 года назад +1

      Miguel Garcia it’s not a transaction your not making a purchase rather a transfer from one account to another. Think of a loan getting deposited into your checking account

  • @growing367
    @growing367 Год назад

    15:15 17:00 vb

  • @MrWanenglee
    @MrWanenglee Год назад

    Is it easy to access for infinite banking loan.

  • @deanasallis1370
    @deanasallis1370 4 года назад

    Really want you to help me. What do I need to do??? My goal is to get policy and business LOC I filled out form but some things have changed and not sure what you want me to do. Thankyou 🥰

  • @Buda42
    @Buda42 5 лет назад +3

    where did 60k came from ?

  • @wetwindowsguy8396
    @wetwindowsguy8396 4 года назад

    We need break down of this

  • @damarcuswilson1
    @damarcuswilson1 5 лет назад

    Insurance companies accept direct deposits

  • @stlrc330ft7
    @stlrc330ft7 5 лет назад +2

    To get 15k for infinity banking, how much must I start a policy with and how long before I can use it as a debt weapon?... I'm 50yr & good health. In St. Louis Mo

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  5 лет назад

      type your question again the grammar is off i'm not understanding

    • @stlrc330ft7
      @stlrc330ft7 5 лет назад +3

      Example, what policy can I buy in July 2019, then make a large enough deposit in ? That would allow me to have a cash value of 15 to 20k.? Or is the only way to get the kind of cash value is through time.?

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  5 лет назад +3

      STL RC 330ft the type of policy I use for myself and my clients is whole life. When we are designing the policy we are setting it up to have immediate cash value. So if you put in 15-20k the goal is to have at least 75% or more in cash value immediately

  • @daver2214
    @daver2214 4 года назад

    How you find out if infinity banking is worth it for 46yr old smoker?

  • @Localislandflavor
    @Localislandflavor 4 года назад

    How does this affect your credit?

  • @chedz7152
    @chedz7152 3 года назад

    Do you pay taxes on on the policy interest payments?

  • @stlrc330ft7
    @stlrc330ft7 5 лет назад

    What brand of insurance policy your selling for infinity banking ?

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  5 лет назад

      if you are referring to the company I use I have a mass mutual policy and a guardian policy

    • @stlrc330ft7
      @stlrc330ft7 5 лет назад

      Yes what the company's name.

  • @jeromearabit2875
    @jeromearabit2875 4 года назад

    Bro..you're content is great.But please change your tone of voice. Can't continue, I get sleepy..please..you're good but change your tone to become more lively..sorry..thank you.

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  4 года назад

      JEROME ARABIT sorry that’s my style I appeal to a certain crowd

    • @DenzelNapoleonRodriguez
      @DenzelNapoleonRodriguez  4 года назад +3

      JEROME ARABIT my clients love it and that’s my personality I can’t satisfy everyone