This is fricken genius. My business is in mail routes, I have multiple cargo vans and I’ve been funding my own 401k & IRAs. I can’t wait to finish cleaning up my debt so I can start infinite banking.
Great presentation. I'm so new to Velocity banking and now Infinite banking. Also, I'm 59 and way behind because of having to care take for my beautiful mother all while living in poverty. Knowing my age, I know really big numbers are not realistic. But, anything is better than nothing or what I have. SO, thank you for renewed hope. God bless!
Thank you Chris! I've been looking for something like this to permanently retire my husband. We're only 35, but have high hopes that velocity and infinite banking will help us reach our goals sooner than later.
Incredible interview Christy! It's all still brand new for me, but the Lord just gave me an epiphany Bible verse to go with Velocity Banking and now Infinite Banking. Do not be conformed to this world (the way we are all taught), but be transformed by the renewal of your mind (Velocity and Infinite banking)... Oh my good Lord, Romans 12:2 has a brand new meaning for me at this point in my life. God bless you Christy and thanks to Chris Naugle for his presentation.
Yes, thank you fo the source. Chris is as thorough and clear as you are, which was a pleasant surprise. I am amazed at how difficult some make this. I was also surprised by the amount of drama. All we want is clear explanations, and trustworthy mentors. Thank you Christy for all you do. A sub, like, comment, and shareare the least I could do.
Thank you Christy and Chris. I have watched, and read a few things regarding Infinite Banking and this presentation filled in the pieces I was missing.
Good morning…I probably shouldn’t have watched this video before having my mushroom coffee… couldn’t wrap my head around the information.. I need to binge watch more of his videos to grasp the full concept of IB …❤
I’ve always said I have to find some way to make my money work for me vs me work for my money but I must first get out of debt using velocity banking which in itself is a true blessing and I just got started this month. I am retired and on a fixed income but I’d still like to better understand the concept of infinite backing so I can live in perfect freedom God blesses me with! It sounds like I’d have to purchase a special whole life policy from somewhere and then lend ppl money is what I got out of it but I have to do a more in depth study on this one! 😍
also infinity banking IS A WONDERFUL option , a fiduciary investment bank can also help. they are easier to access, and are everywhere they keep your money as YOURS and do not pool ( but you must ask and see that they do that). and insurance is much higher at a fiduciary investment company ( like schwab or other bigger places like that ).and you can start with lower amounts untill you are debt free and have the minimum to start infinity bankiing with? just a thought
This is really cool information. This channel is gold. Christy I see a big touch screen in your future, lol. Funny he talked about Gold's Gym. My cousin was the owner of Gold's Gym in the 1970's. The original guy that owned it almost bankrupted it. My cousin bought it and turned it around. Still remember when I was 8 years old in 1980 and we went to my Grandmother's house. My cousin's mom, my grandmother's sister, lived downstairs and she had dinner ready, so we all went down there to eat. Kenny and Lou Ferrigno stopped by. Remember I was 8 and Lou Ferrigno was The Incredible Hulk at the time, lol.
this is true, but you are the bank and not the government which means you aren't able to do what they can do. The sad fact is that when you put your money in a savings bank, you are making a loan to the bank and the money is now no longer actually your so they can do privately what they want according to the charters. Read your contracts with the bank you signed and you will see this. what happens when someone defaults on any loan? That is the same thing they do when there is a run on the bank. Its called "bank holiday" and it doesnt mean they take the day off. Google it. Might help explain some of the things that happen in the future and how they happen in banking during times of turmoil.
Hi! This is great. Could you put out a video that explains how you would use infinite banking with a HELOC? Is it an either or situation or can you use them both together?
I love how lately I been watching these RUclipsrs and they literally have been in my own backyard. Lol him being from Buffalo me being from Rochester NY neighboring cities.
Christy, your velocity banking stuff is solid & the numbers just work. But this is just another whole life gimmick. So much complexity for no reason but simplified, if whole life policy payment is $500/mo, then buy term & invest the rest would look like $450 into index fund, $50 for term. What you can verify doing own spreadsheet, avg cagr of 8.5% on index vs 3% on whole life (this is inflated btw, b/c the 3% is on your money after whole life takes their fees). After 30 years, you'll see something like 1m in whole life vs 3 or 4m in index. (I did the calculations a long time ago, just estimating now, run the numbers yourself) Essentially, whole life insurance co are taking your money(in fees) & investing it, getting large returns but giving you a fraction. This "infinite banking" thing is just a marketing pitch. You can "borrow" money from your index fund in just the same way, with no fees or interest. Keep it simple stupid, buy term, invest the rest will do much much better for you
@@bnjmnwstinfinite banking ppl say they "borrow" from their cash value account as if they will be replenishing that amount. Plus you usually pay a small interest fee depending on policy. In an index fund, you wouldn't need to "borrow", you just sell the amount of index fund for the dollar amount you need and simply withdraw the funds. There's usually no fees or interest for withdrawal of funds. So it's even better
I just want to say you remind me of a great friend that played a big role in my childhood her name was carol naggle also she owned naggle landscape I tried to tell her that I loved her and thank u but she passed
Velocity banking and infinite banking can work hand-in-hand to make your money work double for you. Don’t give up on infinite banking just because you don’t understand this explanation. Learn more about it and watch videos that break it down where you can understand it. It may behoove you to do so. Open your mind a bit. You may learn something.
So this is a retirement plan... And if it is done correctly, could most certainly be an early retirement plan. I too would love to know what people are doing to get that initial investment amount. Are we velocity saving, borrowing, what is everyone doing?
So I'm paying 5% interest to the insurance company to pay back a loan on the money that I put into the cash value, to begin with? If I don't pay a loan back, the borrowed amount is subtracted from the total face value of my policy. I need to know more about the Paid-Up Additions Rider (???) and how that works with the type of whole life insurance you're talking about.
You're basically loaning out your own money. I wonder what the numbers would look like if you took the insurance company and their 5% interest out of the equation.
Was the audio problems his microphone or some sort of censorship? I noticed the same words seemed to be muted. Do you have a clean copy of this video somewhere I can access? Also, I don't see a link for this guy's YT or socials. Thank you both for your time and information!
Chris Naugle in the example of the person depositing 440k and invested 348k and neted 38k the first year. Understanding how compoind interest work im confuse how he double his money from year 2 and beyond.
With Whole Life insurance, your estate only receives the "face" value of the insurance policy. If I have a $250K policy and $12K in cash value, my estate with only receive the $250K and the insurance company keeps the $12K cash value. So if I put an "additional" $50K of my own cash into my cash value (insurance savings) and I die, the insurance company pays the face value of the death benefit, but do they also keep my additional $50K that I put into my cash value???
@@VanntasticFinances Many years ago, I used to be a licensed insurance agent and that's how "traditional" whole life insurance works. You pay for the insurance and over time you build up cash value. However, upon death, the estate only receives the face value of the insurance policy. The estate does not receive both the face value of the policy "and" the amount that was in the cash value. If a person has a loan out at the time of death, that is subtracted from the face value insurance amount. So I'm curious how this type of Whole Life Insurance might differ on the payout amounts upon death.
I worked got Primerica and we advocated Term for this very reason. What Mark said is exactly how traditional whole life worked and if you took out a loan and didn’t pay it back they would also reduce you benefit by the amount of the balance of the loan.
Hi Christy! You know I’m working velocity banking. I’ve been looking at how infinite banking would be beneficial for me but this just confused me totally. I can see how it works, however, finding money to fund the policy is working against the velocity banking concept. I’m now confused 😕
@Jesus-kt5dc I kind of get the premise… being over 50, trying to build cash value and putting 50k into a policy would literally take away from cash reserves. However, like Christy explains, why keep that amount in reserve. Make it work for you. So… I guess that’s why Im confused. If I’m making it work for me I won’t have that kind of cash laying around.
can you aks IF 10K is the minimum? it may be that you could start with say 5,000 a year? and increase as you save more money with velocity banking? not sure if you can but it won,t hurt to ask when you call the infinity banking guy/ admin.?
I don't think he actually means you loan out to other people, although there might be situations where you could, but rather the point is that you are your own bank, as well as the customer/borrower.
Yes the Private Money Club is you loaning money to others. That was the wealth building model shown at the end. All the example is based on there being no default by the borrower. So in reality there is not a guaranteed return on the money lent. If the borrower fulfills their obligation great. If they don’t, well that is the risk they really don’t state here other than with the disclaimer statement noting that investments have risk.
@@VanntasticFinances thank you! So i understand that the loan does not deduct from your cash value. I get that part. what i meant was, he says to pay your loan back with the interest banks would normally charge. So if insurance is charging 5% on the loan, he says to pay it back at say 7%. And by paying more interest that this will increase your cash value. But i dont understand how paying the higher interest does anything more than just pay your loan back faster. How would paying yourself at a higher interest increase your cash value on the policy? Thanks
interest and dividends on the money that satys on your account , ( the loan was a advance on your death benefit , wich will replenish once the loan is paid off , and the interest "spread"goes into your account , and also earns dividends and interest now couple that with private money lender account ( 12 %) you will do well,
@@andreavandekleut6379 i geuss thats the part im missing. The "interest spread" goes into my policy? Or is it just more money going towards my loan to pay it off faster? And if the spread goes to my policy, won't this kick mec into play? I didnt think you can put more into your policy then whst it was set up for. Sorry lots of questions...
Hi Christy...how do you bring down a small business vehicle debt where they won't let you pay any payments with a credit card and there's penalty for early payoff? Thank you
Hi Christy, I have tried to process the HELOC 4 Different times today with Different Browsers and The Captcha / I am NOT a Robot thing will Not Scroll Down to let me click the SUBMIT BUTTON.... So I can Not Submit For a HELOC. Any suggestions.
I would recommend you try calling; they may be able to walk you past that step over the phone, and you can explain to them what is happening on your screen.
1 question if I have a large mortgage but I still have alot of equity in my house. Can I apply for a line of credit? And does it have to be with the mortgage company that has the mortgage.
Cristy how do I get 1 on 1 assistance from you ?? I heard in one of the videos you do more in depth explanation but I can't find the video that said when/or how ...please let me know how to accomplish this. P.S can't wait you are AWESOME!!!
Real estate investors borrow short-term at those rates. If you can afford an insurance policy like this, you can afford to save and do it without the insurance company taking their skim. Folks are being preyed upon here. Seek more personal finance knowledge and don't go beyond buying term life insurance if your employer doesn't provide it.
Still a little confused about the premium payments & loan repayments. At the very minimum, is one only making the premium payments and a portion of that can be used to repay the loan? Or are there 2 separate monthly payments being made?
Thank you for this very interesting interview. But I'll have to watch/read more of his stuff to get the whole picture, because unfortunately, the sound on this presentation is so horrible, that I stopped listening after a while. Just too frustrating. He could've done a sound test before starting. Just saying.
Hi. Love your videos. I have no credit card debt. I hv a $600.00 mortgage payment & a $700.00 car payment. So how can I get the car payment cut in half. My husband passed & I am not too happy. Please help Thx😂
41:15 Your total of $75,808,415,000 is $12,139 billion greater than the $63,669,415,000 sum of the 5 banks listed above. Where did that extra $12 B come from?
With IBC you can only borrow up to a portion of your cash value. The first 2 or 3 years your cash value remains at zero due to all the commissions and fees charged. You must wait at least 10 years before there is any significant cash value to borrow against. And after pouring in all that money to build up your cash value, if you die, the insurance company gets to keep it. If you have any loans outstanding, those are subtracted from the death benefit payout. And for this product, opps, I mean "process" everybody else in the comments is heaping praise on this charlatan?
I'm glad he was successful. But I've never lent money that was actually paid back. Most people " borrow" with no intention of repaying. Theft by fraud.
This is fricken genius. My business is in mail routes, I have multiple cargo vans and I’ve been funding my own 401k & IRAs. I can’t wait to finish cleaning up my debt so I can start infinite banking.
Had an amazing time with this interview! Thanks for having me on Christy!
Great presentation. I'm so new to Velocity banking and now Infinite banking. Also, I'm 59 and way behind because of having to care take for my beautiful mother all while living in poverty. Knowing my age, I know really big numbers are not realistic. But, anything is better than nothing or what I have. SO, thank you for renewed hope. God bless!
@@l-bird Thank you for watching!
Wow! Thank you! I have been wondering how it all works. My mind is blown!
Thank you Chris! I've been looking for something like this to permanently retire my husband. We're only 35, but have high hopes that velocity and infinite banking will help us reach our goals sooner than later.
great presentation but you're microphone is choppy
Incredible interview Christy! It's all still brand new for me, but the Lord just gave me an epiphany Bible verse to go with Velocity Banking and now Infinite Banking. Do not be conformed to this world (the way we are all taught), but be transformed by the renewal of your mind (Velocity and Infinite banking)... Oh my good Lord, Romans 12:2 has a brand new meaning for me at this point in my life. God bless you Christy and thanks to Chris Naugle for his presentation.
❤️
❤
Outstanding in I feel blessed. Also good day to you.
Make all the money you want. Your god is morally bankrupt
Yes, thank you fo the source. Chris is as thorough and clear as you are, which was a pleasant surprise. I am amazed at how difficult some make this. I was also surprised by the amount of drama. All we want is clear explanations, and trustworthy mentors. Thank you Christy for all you do. A sub, like, comment, and shareare the least I could do.
2 of my favorite RUclipsrs in one screen. This is amazing!
I told my son to start watching this channel. So much information great work.
Thank you Christy and Chris. I have watched, and read a few things regarding Infinite Banking and this presentation filled in the pieces I was missing.
Still finding it hard to believe this info is out for free. Thanks Christy, Thanks Chris.
Hey you got Chris Naugle on the show awesome. Your doing great Vann! We have to jump on a call soon!
Omg Christy! You are the best. Always the best info.
Thank you Chris. I would like 3 accounts.
I’m interested but need to listen and learn more to understand the process again!
Good morning…I probably shouldn’t have watched this video before having my mushroom coffee… couldn’t wrap my head around the information.. I need to binge watch more of his videos to grasp the full concept of IB …❤
I’ve always said I have to find some way to make my money work for me vs me work for my money but I must first get out of debt using velocity banking which in itself is a true blessing and I just got started this month. I am retired and on a fixed income but I’d still like to better understand the concept of infinite backing so I can live in perfect freedom God blesses me with! It sounds like I’d have to purchase a special whole life policy from somewhere and then lend ppl money is what I got out of it but I have to do a more in depth study on this one! 😍
Me to Deborah! I am also retired and just started this month. :)
@@maryharvey7434 I wish us both the best! 🥰🙌🏼🙏🏼
also infinity banking IS A WONDERFUL option , a fiduciary investment bank can also help. they are easier to access, and are everywhere they keep your money as YOURS and do not pool ( but you must ask and see that they do that). and insurance is much higher at a fiduciary investment company ( like schwab or other bigger places like that ).and you can start with lower amounts untill you are debt free and have the minimum to start infinity bankiing with? just a thought
Don’t do it
This is really cool information. This channel is gold. Christy I see a big touch screen in your future, lol. Funny he talked about Gold's Gym. My cousin was the owner of Gold's Gym in the 1970's. The original guy that owned it almost bankrupted it. My cousin bought it and turned it around. Still remember when I was 8 years old in 1980 and we went to my Grandmother's house. My cousin's mom, my grandmother's sister, lived downstairs and she had dinner ready, so we all went down there to eat. Kenny and Lou Ferrigno stopped by. Remember I was 8 and Lou Ferrigno was The Incredible Hulk at the time, lol.
WOW, WHAT A GREAT INTERVIEW BLEW MY MIND.
Fantastic!! Thank you!! Your channel is GREAT! ❤
Thx,I’m ready to sign up .👍
Cool, I recently subbed to his channel after being recommended his videos. It's great you had him on.
Love him!❤️
Just the video I was looking for I love the channel. Been sharing it
❤️
Formula drives amortization. The loan balance is hghest in the beginning so the formula reflects it in the P&I payment.
Good stuff. Private banker can't loan at 10:1 ratio(fractional reserve system) but any magnification of a dollar's use is a good thing.
this is true, but you are the bank and not the government which means you aren't able to do what they can do. The sad fact is that when you put your money in a savings bank, you are making a loan to the bank and the money is now no longer actually your so they can do privately what they want according to the charters. Read your contracts with the bank you signed and you will see this. what happens when someone defaults on any loan? That is the same thing they do when there is a run on the bank. Its called "bank holiday" and it doesnt mean they take the day off. Google it. Might help explain some of the things that happen in the future and how they happen in banking during times of turmoil.
I am excited to learn more. I am currently trying to figure out how to use velocity banking to pay off my mortage and student loan.
This was awesome 👏 TY!
I have to watch this like 4 more times😂😂😂😂😂
As many as it takes 😂 love it! Get the brain working ❤
@@poeWhit1 🤣🤣🤣YAAAASSSSSSS
❤ I love this way of money I feel like I am winning! But what I am wondering what happens if the dollar collapses?
and i also wonder how will that work if CBDC's take over ( good or bad)?will there still be dividends and interest payments?
Both Chase and Barclay reduced my credit limit messing up my credit score!
I wish I could hear this! The sound quality is so so he’s to hear
Hi! This is great. Could you put out a video that explains how you would use infinite banking with a HELOC? Is it an either or situation or can you use them both together?
ruclips.net/video/XHRvxoY3EC0/видео.htmlsi=Dt02l2aHDjkMC5Tm
Amazing info. I cant wait to learn more.
Chris my favorite guy
Unlike the cat, I’m excited to learn what you have to teach!
I love how lately I been watching these RUclipsrs and they literally have been in my own backyard. Lol him being from Buffalo me being from Rochester NY neighboring cities.
It took me a good 5 min into this video to figure out that was his cat on the counter !! 🤦🏼♀️😂😝
Christy, your velocity banking stuff is solid & the numbers just work. But this is just another whole life gimmick. So much complexity for no reason but simplified, if whole life policy payment is $500/mo, then buy term & invest the rest would look like $450 into index fund, $50 for term. What you can verify doing own spreadsheet, avg cagr of 8.5% on index vs 3% on whole life (this is inflated btw, b/c the 3% is on your money after whole life takes their fees). After 30 years, you'll see something like 1m in whole life vs 3 or 4m in index. (I did the calculations a long time ago, just estimating now, run the numbers yourself) Essentially, whole life insurance co are taking your money(in fees) & investing it, getting large returns but giving you a fraction. This "infinite banking" thing is just a marketing pitch. You can "borrow" money from your index fund in just the same way, with no fees or interest. Keep it simple stupid, buy term, invest the rest will do much much better for you
How do you get an index fund?
Why do you put "borrow" in quotes? How do you access the money in an index fund without fees or interest?
@@bnjmnwstinfinite banking ppl say they "borrow" from their cash value account as if they will be replenishing that amount. Plus you usually pay a small interest fee depending on policy. In an index fund, you wouldn't need to "borrow", you just sell the amount of index fund for the dollar amount you need and simply withdraw the funds. There's usually no fees or interest for withdrawal of funds. So it's even better
I just want to say you remind me of a great friend that played a big role in my childhood her name was carol naggle also she owned naggle landscape I tried to tell her that I loved her and thank u but she passed
Sorry but I think I need this in Christy terms. So much talking but still so much unclear.
🙂
Same lol
He’s big on sales..sales pitch that is.
No thanks, I’ll stick with Mrs. Vann and her tactics.
Velocity banking and infinite banking can work hand-in-hand to make your money work double for you. Don’t give up on infinite banking just because you don’t understand this explanation. Learn more about it and watch videos that break it down where you can understand it. It may behoove you to do so. Open your mind a bit. You may learn something.
So basically we need to purchase the Customized Whole Life Insurance from him? That's where I got lost.
Thank you Christy, that was pretty awesome!
So this is a retirement plan... And if it is done correctly, could most certainly be an early retirement plan. I too would love to know what people are doing to get that initial investment amount. Are we velocity saving, borrowing, what is everyone doing?
You can start with monthly payments.
WOW, Thank you.😊
Keep up the excellent work and love your videos.
Bro the presentation could be 1hr shorter sounds like getting into amway again. endless meetings.
His microphone wow
Chris naugle me and my wife have a term life ins policy total amount 900 k . Should we sell them and buy a whole life insurance policy ? Thanks
Please don’t. It’s legit don’t get me wrong but there are a plethora of other and better ways to invest and borrow money from yourself.
@@jamesa8225Can you recomend your favorites to research, please?
So I'm paying 5% interest to the insurance company to pay back a loan on the money that I put into the cash value, to begin with? If I don't pay a loan back, the borrowed amount is subtracted from the total face value of my policy. I need to know more about the Paid-Up Additions Rider (???) and how that works with the type of whole life insurance you're talking about.
48 minutes in and nothing, but a lot of rambling... hoping that Awe-Ha moment comes. 1:02 in and nothing is making sense... 1:29 I'm out.
You're basically loaning out your own money. I wonder what the numbers would look like if you took the insurance company and their 5% interest out of the equation.
CD's pay over 5,25 % now , for 3 or 6 monh's LOL.
@@andreavandekleut6379yea but it’s locked up be this is not, right?
What if you don't have thousands of dollars to put into a whole life policy? What's the smallest amount you can do this with?
Great presentation. So would you suggest to pay off all debt first and then save? What is the amount needed to start with whole life?
No…you can start with low monthly payments.
@@VanntasticFinances low monthly payments to the life insurance?
Yes..doesn’t have to be in chunks
good ! you are askin questions ! good for you!
I'm confused 😕 I will need to watch more videos
This is so confusing, is he saying buy life insurance put your money in insurance? Not clear on where he is going
Was the audio problems his microphone or some sort of censorship? I noticed the same words seemed to be muted. Do you have a clean copy of this video somewhere I can access?
Also, I don't see a link for this guy's YT or socials.
Thank you both for your time and information!
Awesome information! How can I set up a Whole Life Insurance policy to work for me? Please send me the information!
@venuswhite8074 email me for more information support@gmail.com
why the pitch just explain concept. Please.
So the question is, how much money do you need to start something like this?
Amazing video
@38:00 if you understand the banking system already, here is the beginning.
The magic really happens when you become your own insurance company 😅
Your photos are blocking the power point
Chris Naugle in the example of the person depositing 440k and invested 348k and neted 38k the first year. Understanding how compoind interest work im confuse how he double his money from year 2 and beyond.
What companies do you recommend for IULs
Not IUL…this is the only company I recommend 👉INFINITE BANKING CONCEPT
go.oncehub.com/mstv
Where do you find these types of Whole Life policies?
I’d like to know this too
With Whole Life insurance, your estate only receives the "face" value of the insurance policy. If I have a $250K policy and $12K in cash value, my estate with only receive the $250K and the insurance company keeps the $12K cash value. So if I put an "additional" $50K of my own cash into my cash value (insurance savings) and I die, the insurance company pays the face value of the death benefit, but do they also keep my additional $50K that I put into my cash value???
Sounds like you need to look into getting policies set up correctly. I’ve never heard of such a rip off policy as that…
@@VanntasticFinances Many years ago, I used to be a licensed insurance agent and that's how "traditional" whole life insurance works. You pay for the insurance and over time you build up cash value. However, upon death, the estate only receives the face value of the insurance policy. The estate does not receive both the face value of the policy "and" the amount that was in the cash value. If a person has a loan out at the time of death, that is subtracted from the face value insurance amount. So I'm curious how this type of Whole Life Insurance might differ on the payout amounts upon death.
I worked got Primerica and we advocated Term for this very reason. What Mark said is exactly how traditional whole life worked and if you took out a loan and didn’t pay it back they would also reduce you benefit by the amount of the balance of the loan.
Hi Christy! You know I’m working velocity banking. I’ve been looking at how infinite banking would be beneficial for me but this just confused me totally. I can see how it works, however, finding money to fund the policy is working against the velocity banking concept. I’m now confused 😕
Ditto
Maybe I'll come after I'm debt free.
@Jesus-kt5dc I kind of get the premise… being over 50, trying to build cash value and putting 50k into a policy would literally take away from cash reserves. However, like Christy explains, why keep that amount in reserve. Make it work for you. So… I guess that’s why Im confused. If I’m making it work for me I won’t have that kind of cash laying around.
Step one, create cashflow by doing velocity banking. Step two , create private bank with new cashflow. Its a sequence of events. hope this helps
can you aks IF 10K is the minimum? it may be that you could start with say 5,000 a year? and increase as you save more money with velocity banking? not sure if you can but it won,t hurt to ask when you call the infinity banking guy/ admin.?
What happens when the person to whom you gave the unsecured loan doesn’t pay you back? Genuine question.
I don't think he actually means you loan out to other people, although there might be situations where you could, but rather the point is that you are your own bank, as well as the customer/borrower.
Yes the Private Money Club is you loaning money to others. That was the wealth building model shown at the end. All the example is based on there being no default by the borrower. So in reality there is not a guaranteed return on the money lent. If the borrower fulfills their obligation great. If they don’t, well that is the risk they really don’t state here other than with the disclaimer statement noting that investments have risk.
It's very feasible someone won't make all the payments back
If your paying your loan back with interest, isnt this just payibg your loan off sooner? How does this increase my cash value? Thanks
The loan isn’t on your money. Your money is still growing
@@VanntasticFinances thank you! So i understand that the loan does not deduct from your cash value. I get that part. what i meant was, he says to pay your loan back with the interest banks would normally charge. So if insurance is charging 5% on the loan, he says to pay it back at say 7%. And by paying more interest that this will increase your cash value. But i dont understand how paying the higher interest does anything more than just pay your loan back faster. How would paying yourself at a higher interest increase your cash value on the policy? Thanks
interest and dividends on the money that satys on your account , ( the loan was a advance on your death benefit , wich will replenish once the loan is paid off , and the interest "spread"goes into your account , and also earns dividends and interest now couple that with private money lender account ( 12 %) you will do well,
@@andreavandekleut6379 i geuss thats the part im missing. The "interest spread" goes into my policy? Or is it just more money going towards my loan to pay it off faster? And if the spread goes to my policy, won't this kick mec into play? I didnt think you can put more into your policy then whst it was set up for. Sorry lots of questions...
If you have 200,000 in your policy and a 50,000 death benefit, what happens to the remaining 150,000?
Waiting on your response and referral 😍
Hi Christy...how do you bring down a small business vehicle debt where they won't let you pay any payments with a credit card and there's penalty for early payoff? Thank you
Wow that’s awful!
Hi Christy, I have tried to process the HELOC 4 Different times today with Different Browsers and The Captcha / I am NOT a Robot thing will Not Scroll Down to let me click the SUBMIT BUTTON.... So I can Not Submit For a HELOC. Any suggestions.
I would recommend you try calling; they may be able to walk you past that step over the phone, and you can explain to them what is happening on your screen.
How do I get one of these whole life policies😄?
audio is bad and hard to understand at times from your guest.
So the Picture in Picture is covering up the last column of Kevin’s information
1 question if I have a large mortgage but I still have alot of equity in my house.
Can I apply for a line of credit?
And does it have to be with the mortgage company that has the mortgage.
No…HELOCs are usually NOT with mortgage company.
Guess I don't understand 🤷
Years ago I had a heloc. That my spouse obtained from a bank or so I thought.??
being a private lender.....how do you protect your investment. Collateral from the client?
i think this example doesnt assume a lot of risk, its a lot of static math and life doesnt work that way, but the math is mathing
Cristy how do I get 1 on 1 assistance from you ?? I heard in one of the videos you do more in depth explanation but I can't find the video that said when/or how ...please let me know how to accomplish this. P.S can't wait you are AWESOME!!!
Vannfs.com under SERVICES….You’re awesome!
How and where do I get this policy
@bernadettegreaves5397 INFINITE BANKING CONCEPT
moneyschoolrei.com/christy
omg you guys if you are making videos please make sure your technology is top notch because the audio problems make it really frustrating to listen
This is interesting. Who takes a loan at 12%. My bank is lending at 3% fee for 12 months.
Real estate investors borrow short-term at those rates. If you can afford an insurance policy like this, you can afford to save and do it without the insurance company taking their skim. Folks are being preyed upon here. Seek more personal finance knowledge and don't go beyond buying term life insurance if your employer doesn't provide it.
what if you don't have that money to start with?
Ong I love that cat❤❤❤❤❤❤
Your thoughts on IUL with cash benefits?
But what if they dont pay you back? Do you break there legs
Still a little confused about the premium payments & loan repayments. At the very minimum, is one only making the premium payments and a portion of that can be used to repay the loan? Or are there 2 separate monthly payments being made?
Thank you for this very interesting interview. But I'll have to watch/read more of his stuff to get the whole picture, because unfortunately, the sound on this presentation is so horrible, that I stopped listening after a while. Just too frustrating. He could've done a sound test before starting. Just saying.
So hypothetically we could use the private lending club to pay off the debt then eventually could get the whole life policy?
Where's the link to him?
Once you Christie, start doing this then maybe everyone will be a believer
Hi. Love your videos. I have no credit card debt. I hv a $600.00 mortgage payment & a $700.00 car payment. So how can I get the car payment cut in half.
My husband passed & I am not too happy.
Please help
Thx😂
Is not Life Insurance taking a big hit with the wars and the excess deaths worldwide?
41:15 Your total of $75,808,415,000 is $12,139 billion greater than the $63,669,415,000 sum of the 5 banks listed above. Where did that extra $12 B come from?
Why would they borrow from you for 12% when they can get it from the bank for 6-7%?
Simple interest vs amortized interest from the banks.
Audio is absolutely awful. So frustrating. Also, picture in a picture is often covering up details in the illustration.
Where can I get whole life policy?
With IBC you can only borrow up to a portion of your cash value. The first 2 or 3 years your cash value remains at zero due to all the commissions and fees charged. You must wait at least 10 years before there is any significant cash value to borrow against. And after pouring in all that money to build up your cash value, if you die, the insurance company gets to keep it. If you have any loans outstanding, those are subtracted from the death benefit payout. And for this product, opps, I mean "process" everybody else in the comments is heaping praise on this charlatan?
The link to Infinite Banking is broken
I'm glad he was successful. But I've never lent money that was actually paid back. Most people " borrow" with no intention of repaying. Theft by fraud.
I’m interested in trying this method but just want to make sure my funds will be secure?
More secure then the failing banks…
@@VanntasticFinances thanks vann
Lol another pitch for whole term life insurance
What happens if you don’t have no cash flow at all
I’m wondering if this works in Canada
I think so 🤔
Sorry Donnie Bank is not FDIC insured 😂😂