If you're wanting to see how to "Become Your Own Banker" and take greater control of your money, you can setup a time to speak to one of the IUL Specialists we work with directly here: 3dimensionalwealth.com/getstarted
I'm starting late in life, never had any savings or assets. I wanted to purchase a multi family unit and try making it that way. I found this video and was amazed by the way you break it down into digestible pieces. Subscribed and followed!
I'm going to have to get this book Would love to start using this method instead of the banks, which does nothing for me. Thank you for this information Can't wait to start
I just realized my life insurance is an IUL. I didn't know that you could put money into those accounts 🤯. I need to watch more videos to find out more!!
It makes sense to borrow money as Index loan and keep your IUL asset as collateral but the bigger question is having a big chunk of money the IUL to do some real business. Accumulating 1 Million takes entire life time for most average people or even half million. So having 200k in IUL u can’t do much business
I appreciate the insights... It's great to see a comprehensive series covering different strategies to accumulate a million dollars. I'm hearing more talks of using insurance companies and not banks. I'm particularly intrigued by the concept of becoming your own banker and achieving 100% returns. Learning how to take control of our finances and potentially generate significant returns is valuable information. I'm excited to dive in and explore this strategy further. Thanks Doug!
Hello Doug. This sounds great. I wish I knew about this 20years ago. I'm 49 and plan to retire at 60. With less than 500k. How can I make that 1million in 11 yrs? Or is it possible.
It is possible, you just want to make sure you first sit down and talk with someone who is currently an Infinite Banker and has taken a loan from their whole life insurance policy for at least $850K and loaned that money with interest to an LLC that they own and the LLC has used those funds($850k) to invest in Real Estate and have seen that investment pay back to the Infinite Banker which is yourself and they use some, not all of the payment they have received to pay back toward the policy loan. Also make sure when you sit down with an insurance agent you tell them you only want to set up a 60/40 split HECV whole life policy. This is the ideal policy for you to be an Infinite Banker. I hope this helps you get down the road to never being a slave to the bank again.
Hello Doug, I agree on everything your teaching on this video. I too advise my clients on how to max-fund their IUL policies, the only questions I have for you is this…. Which insurance carriers offers an uncapped IUL product? All the carriers I write with has a Cap of 9-9.5%, with that Cap on the market indexed no way they can earn a 20+% return annually like your clients. Pls advise! Thanks
@@lifeofgerardine There is a threshold you have to reach before your earnings are accounted for. For example a threshold of 8% means your returns are calculated after the strategy achieve 8%. So if the uncapped earned 30% you would net 22% and if the uncapped earned 10% you would only net 2%.
@@lifeofgerardine in some instances. NW has amazing per unit and fee structure and has some pretty good uncapped indexes. Just have to look into each policy
Doug I have a question in order to become your own banker how much do you have to have in cash or whatever to get started I mean for the average person would it be $500 or a $1000 or answer how much do you need, Also do you have to be an insurance agent in order to do this or can you do it on your own through someone else once they get you in get you started or rather can you do-it-yourself?
Hi Gwen, you can started with as little as $500/month. Keep in mind, if you’re going to try banking you’ll want more capital than that, but at $500/month you can do it at a small scale. It is very important that you work with a licensed and qualified individual who understands these concepts. If you would like to explore your options with an IUL Specialist we work with, book a time here: www.3dimensionalwealth.com/getstarted
Let me help you. Ignore everything he said in this video. It is nonsense. Take a course in college or online for personal finance. It will do you much more good.
I have challenged myself to put away 50% of my monthly income into stocks which is quite easy since I live frugal without debt. I work as an account executive, and make over $20000. $10000 goes into dividends, and the other $10000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Just got my first property and hopefully looking to get another down the road. Good luck to everyone and thanks for the great video.
Doug, you are missing what is going on right now in the economy and in the world. This is the only time in history when the increase in the worldwide death rate is up anywhere from 11% to 35%. I was recently looking at buying a residence in Canada, and had a realtor sending me all of the new listings. Every single one of them was vacant. Vacant home sales happen due to foreclosures, or landlords cashing out, or........... estate sales. The death rate has climbed so high that the estates of the deceased are selling off those properties. So what does that mean for the life insurance business that you are saying we should invest in. Their death claims in North America are up over 40%. That is not something that the actuaries accounted for. So you go ahead and put your money in the Universal Life policies and just watch your money disappear. Just stop urging others to do the same.
Jeff, I had the same thoughts! In addition to the death rates many of the insurance companies did the same as the banks and sunk money into long term US treasury bonds that are now significantly down for projected returns. Not a good time for Insurances! Hard Assets.
Jeff, the value of this video is understanding the concept and not the recommendations. As you rightly said follow your own guts and understanding, at the same time replace the outdated concepts with the most upto date concepts and strategies.
And how does one "magically" get to $1 mill? $5000 per month is out of reach for most Americans. 5k a month is equal to $60 thousand a year saved. Which means you are most likely making around $150,000 or more, per year, to save this amount.
Great video.. you just inspired me to cut the middle man and just invest in low cost index funds myself and save 1-2 percentage compounding fee by avoiding an insurance company.. again thanks
😮 🤯😔 wish they taught us this in school or my life insurance agent 🤦♂️ OMG thank you so much kind sir. I will pass this knowledge on forever!!! I need that 📕
you got me sir ! i'm just starting my financial journey, to take care of my family for generation ahead as i see where the world is going to. thanks for the valuable information, i have 1 question if you may, is this working only in the US? i'm from Israel, can i open a fund like this as a foreign citizen ? thank you again.
Would love to see that illustration:-) the gtd side, the illustrated side and the actual return over 10 years. And even better, run it on an older client and show me the actual returns after 70. Def agree with leveraging a life policy but can’t understand how you can even begin to make these statements on an iul.
I’ve been thinking about an iul insurance company for here now what I do not know which one to join is there anyway you could recommend ,appreciate thanks for the knowledge well said
Making money is not the same as keeping it there is a reason why investment aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. Well at least my advisor does lol.
This superb information, as a newbie it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro advisor?
@@tonyclampotteNot at all, having monitored my portfolio performance which has made a jaw dropping $567k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I’ve ever made in my life.
@@tonyclampotteI'm trading with Expert mrs Kathleen Susan, a regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results.
I really appreciate your knowledge and advice. I am in South Africa. How does one access this Max Funded indexed universal life insurance contract if you are in Sourh Africa? Do you know any institution that offers this contract in South Africa?
I love these get rich quick videos, by the way you know the banks don’t need your money to make money right? They can create assets on their own balance sheet without any reserves, this is why the M3 money supply is so many times bigger than the M0
Hi: I’m wondering how this would apply to us living in New Zealand? So much of this type of advice and training has very little applicability to us living in New Zealand.
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
I live in Spain, is there such a IUL policy here do you know? not yet done the research on that as i just stumbled across your channel. great informative content.
Be very careful with choosing a UIL. Most active Infinite Bankers who lend large amounts to a LLC they own will give you very powerful insight on the proper structure at start, the 60/40 split HECV whole life policy is truly what you maybe looking for so ask around to people who have this structure and use it with at least $850k in the policy loan amount, reason being is they can share with you valuable knowledge that may help you get from the $80k level to the $800k level. Hope this was helpful.
I am very new at this and I am a little overwhelmed. One question I have is when you start a life insurance policy, can you borrow on it right away or do you have to wait while I invest more money into it? Please straighten my thoughts on this out.
Jerry Gilbers the answer is yes but the question is do you still feel it's wise to keep your money in a savings account or transferring it into your Whole life policy. Increase the cash value not necessarily your death benefit.
Would reallllly love to do this ~ I never knew ~ thank you very much. However, just how rich need I be to begin? I'm a retired senior, own a home, living on my soc. sec. Thank you.
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
Dear Doug, thank you for an eye opening talk. I would like to order the book, but you only ship to a US address. Why not globally? I live in Cape Town, South Africa. Amazon lists it as out of stock.
Go to 3dimensionalwealth.com/getstarted to learn more! By meeting with an IUL Expert, you can determine for yourself how the LASER Fund strategies will work for you and your particular set of circumstances.
That all depends on your available cash value. Hopefully, whoever designed your policy, they max funded it which allows great liquidity even in year one.
🙏 Thank You So Much Financial Master Doug Andrew for your honest financial investment advices for many greenhorns like us out there! Many Happy Good Blessings in Return to You! 🌷🌿🌎💜🕊
How do you open a uil? I have been watching your channel all week really digging the education but I don't see one where you break down how to open ,operate or manage a uil? Got a tutorial somewhere ?
@@lifeofgerardine Would you be willing to open a 60/40 split HECV whole life policy for him even if you receive far less commissions up front? Let's be honest, if his target goal was to be an Infinite Banker and take a loan out of his whole life insurance policy so he can act like a banker and loan his LLC the money plus interest would you make sure you exchanged your potential higher commissions so that he gets the better insurance policy for him to be an infinite banker?
If set up properly the answer is within 30 days. Keep in mind it helps if you are talking to a person who taken a loan from the insurance policy of at least $850k to use as an infinite banker and lend that money out to an LLC that he owns. Especially if the LLC is in a trust and then technically he doesn't own the LLC he just controls it which is the ideal structure because then the assets is the LLC belong to the Trust and is fully protected from any potential lawsuits that may come against the insurance policy holder like if he hits a cyclist with his car on accident. These things happen in life and you want to have full legal protection for all your investments and assets.
That’s why we started an insurance company and we offer 24%+( more for higher investment amounts) per year to clients. Operating as a bank is not that interesting as there’s too much regulation and costs forgotten in this video. Banks do not go into real estate as that’s often not allowed by law. Banks only borrow you other people’s money when you actually don’t need it.
I guess this only works in the US because the legal/financial dispositions allow it. Not sure at all such a strategy is also feasible in, say, the EU...
You can get cheap indexed funds. Sure. But you’ll be exposed to market losses and taxes. IUL doesn’t have either. Additionally, a properly structured policy is significantly cheaper than what most advisors and agents are out there selling.
![[DRAGON BALL LEGENDS REVEALS ＆ STUFF] LEGENDS FESTIVAL 2024 Special Edition Part 1](http://i.ytimg.com/vi/mV5bGIswTtQ/mqdefault.jpg)
If you're wanting to see how to "Become Your Own Banker" and take greater control of your money, you can setup a time to speak to one of the IUL Specialists we work with directly here: 3dimensionalwealth.com/getstarted
Please could we talk I am in Australia and your information is based on the american system is this achievable in my country
Hi Doug can you please show me how to get stated.
You can choose a time to speak to an IUL Specialist using the link above!
I'm new to all this but that's why I started following your channel. I like how you explain everything. Very informative, clear and educational
Awesome, thank you!
I'm starting late in life, never had any savings or assets. I wanted to purchase a multi family unit and try making it that way. I found this video and was amazed by the way you break it down into digestible pieces. Subscribed and followed!
As a Licensed Insurance Broker I love this channel. Thank you so much for educating us.
Same here!!!
What kind of life insurance is he referring to?🙏
@@joannawheeler5998 Indexed Universal Life or IUL
Yeah you love this scam which you profit from.
I'm going to have to get this book
Would love to start using this method instead of the banks, which does nothing for me.
Thank you for this information
Can't wait to start
I just realized my life insurance is an IUL. I didn't know that you could put money into those accounts 🤯. I need to watch more videos to find out more!!
What is the minimum to start with? What if you are already retired and have minimal cash flow?
It makes sense to borrow money as Index loan and keep your IUL asset as collateral but the bigger question is having a big chunk of money the IUL to do some real business. Accumulating 1 Million takes entire life time for most average people or even half million. So having 200k in IUL u can’t do much business
I appreciate the insights... It's great to see a comprehensive series covering different strategies to accumulate a million dollars. I'm hearing more talks of using insurance companies and not banks. I'm particularly intrigued by the concept of becoming your own banker and achieving 100% returns. Learning how to take control of our finances and potentially generate significant returns is valuable information. I'm excited to dive in and explore this strategy further. Thanks Doug!
You're welcome!
Hello Doug. This sounds great. I wish I knew about this 20years ago. I'm 49 and plan to retire at 60. With less than 500k. How can I make that 1million in 11 yrs? Or is it possible.
It is possible, you just want to make sure you first sit down and talk with someone who is currently an Infinite Banker and has taken a loan from their whole life insurance policy for at least $850K and loaned that money with interest to an LLC that they own and the LLC has used those funds($850k) to invest in Real Estate and have seen that investment pay back to the Infinite Banker which is yourself and they use some, not all of the payment they have received to pay back toward the policy loan. Also make sure when you sit down with an insurance agent you tell them you only want to set up a 60/40 split HECV whole life policy. This is the ideal policy for you to be an Infinite Banker. I hope this helps you get down the road to never being a slave to the bank again.
I've been looking for this insurance fund for 30 years nobody would tell me this thank you.!!!!
Hello Doug, I agree on everything your teaching on this video. I too advise my clients on how to max-fund their IUL policies, the only questions I have for you is this…. Which insurance carriers offers an uncapped IUL product? All the carriers I write with has a Cap of 9-9.5%, with that Cap on the market indexed no way they can earn a 20+% return annually like your clients. Pls advise! Thanks
Paclife and Nationwide also offer uncapped options
@@natesmith9508 I feel like uncapped rate of returns would typically cost more in insurance costs and fees. Thoughts?
@@legacyorliabilitywithsammy7261 I think there’s a catch with uncapped returns. Probably higher cost of insurance and fees? Thoughts?
@@lifeofgerardine There is a threshold you have to reach before your earnings are accounted for. For example a threshold of 8% means your returns are calculated after the strategy achieve 8%. So if the uncapped earned 30% you would net 22% and if the uncapped earned 10% you would only net 2%.
@@lifeofgerardine in some instances. NW has amazing per unit and fee structure and has some pretty good uncapped indexes. Just have to look into each policy
Doug I have a question in order to become your own banker how much do you have to have in cash or whatever to get started I mean for the average person would it be $500 or a $1000 or answer how much do you need, Also do you have to be an insurance agent in order to do this or can you do it on your own through someone else once they get you in get you started or rather can you do-it-yourself?
Hi Gwen, you can started with as little as $500/month. Keep in mind, if you’re going to try banking you’ll want more capital than that, but at $500/month you can do it at a small scale.
It is very important that you work with a licensed and qualified individual who understands these concepts. If you would like to explore your options with an IUL Specialist we work with, book a time here: www.3dimensionalwealth.com/getstarted
Imagine doing this since 1980 and still needing to try and generate sales on RUclips. Either full of 💩 or man money got a hold of this cat
Is this a monthly deposit ? And or onetime lump sum?
Hi great video
Just one question
Does your strategies apply to only American people or globally?
Let me help you. Ignore everything he said in this video. It is nonsense. Take a course in college or online for personal finance. It will do you much more good.
I have challenged myself to put away 50% of my monthly income into stocks which is quite easy since I live frugal without debt. I work as an account executive, and make over $20000. $10000 goes into dividends, and the other $10000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Just got my first property and hopefully looking to get another down the road. Good luck to everyone and thanks for the great video.
I have a question. I 62. No savings. Still working. No life insurance. Can I still use your tracings and make a million or more?
Really enjoy your style of explaining everything. We'll done very helpful 👍
Doug, you are missing what is going on right now in the economy and in the world. This is the only time in history when the increase in the worldwide death rate is up anywhere from 11% to 35%. I was recently looking at buying a residence in Canada, and had a realtor sending me all of the new listings. Every single one of them was vacant. Vacant home sales happen due to foreclosures, or landlords cashing out, or........... estate sales. The death rate has climbed so high that the estates of the deceased are selling off those properties. So what does that mean for the life insurance business that you are saying we should invest in. Their death claims in North America are up over 40%. That is not something that the actuaries accounted for. So you go ahead and put your money in the Universal Life policies and just watch your money disappear. Just stop urging others to do the same.
Jeff, I had the same thoughts! In addition to the death rates many of the insurance companies did the same as the banks and sunk money into long term US treasury bonds that are now significantly down for projected returns. Not a good time for Insurances! Hard Assets.
Being fair, this was done a year ago. Know what you mean for where we are now, though, everything has gone out the window.
Valid point!
Jeff, the value of this video is understanding the concept and not the recommendations. As you rightly said follow your own guts and understanding, at the same time replace the outdated concepts with the most upto date concepts and strategies.
And how does one "magically" get to $1 mill?
$5000 per month is out of reach for most Americans.
5k a month is equal to $60 thousand a year saved. Which means you are most likely making around $150,000 or more, per year, to save this amount.
Doug is the man … priceless info that will def change your perception of situations
Thank you!
You're an absolutely great find, full of great content. THANK YOU!! Subscribed!
Great video.. you just inspired me to cut the middle man and just invest in low cost index funds myself and save 1-2 percentage compounding fee by avoiding an insurance company.. again thanks
Well yes, but you can't borrow on that, so you don't grow if you take out. With the insurance company "middle man" you can borrow and still grow
Step 1: Have a Million $
Step 2:
Step 3: Profit
😮 🤯😔 wish they taught us this in school or my life insurance agent 🤦♂️ OMG thank you so much kind sir. I will pass this knowledge on forever!!! I need that 📕
School is to train us to be worker bees.
you got me sir ! i'm just starting my financial journey, to take care of my family for generation ahead as i see where the world is going to. thanks for the valuable information, i have 1 question if you may, is this working only in the US? i'm from Israel, can i open a fund like this as a foreign citizen ? thank you again.
I am working hard to become my own banker, to learn how to spend and how to save
Great job! Keep going!
How do I become my own insurance company???
Would love to see that illustration:-) the gtd side, the illustrated side and the actual return over 10 years. And even better, run it on an older client and show me the actual returns after 70.
Def agree with leveraging a life policy but can’t understand how you can even begin to make these statements on an iul.
This gentleman has a Saul Goodman vibe to him, don't you think?
I’ve been thinking about an iul insurance company for here now what I do not know which one to join is there anyway you could recommend ,appreciate thanks for the knowledge well said
Making money is not the same as keeping it there is a reason why investment aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. Well at least my advisor does lol.
This superb information, as a newbie it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro advisor?
@@tonyclampotteNot at all, having monitored my portfolio performance which has made a jaw dropping $567k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I’ve ever made in my life.
@@tonyclampotteI'm trading with Expert mrs Kathleen Susan, a regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results.
@georgeoliver_Yes of course, I attend her online classes daily.
@ArielRCraigSeek-ing her contact info 👇
Reminds me of Sal Goodman for some reason. I Love the message.
Hi Dough, great informartion. Was wondering how we would do this in the UK !
I really appreciate your knowledge and advice. I am in South Africa. How does one access this Max Funded indexed universal life insurance contract if you are in Sourh Africa? Do you know any institution that offers this contract in South Africa?
I'm also here in Mzansi bro I would like to know as well
What about the ones who can not put down 250000, I can invest maybe 150-200$ monthly rn
IUL can grow savings reliably for tax free income later, better than money in the bank!
I love these get rich quick videos, by the way you know the banks don’t need your money to make money right? They can create assets on their own balance sheet without any reserves, this is why the M3 money supply is so many times bigger than the M0
Can you leverage on your leverage?
Pull out the 1 million, contribute back 1 million, then leverage 2 million..... and continue?
Love this stuff, Doug! So many valuable golden nuggets to be gained here! Thank you!!
Always remember the age old saying,. "fools and their money are easily parted."
Lol .... lots of babble speak.
Salesman selling books.
Hi: I’m wondering how this would apply to us living in New Zealand? So much of this type of advice and training has very little applicability to us living in New Zealand.
How much does it start to cost and how long until i can borrow to buy property as well? I really need to learn this!
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
I live in Spain, is there such a IUL policy here do you know? not yet done the research on that as i just stumbled across your channel. great informative content.
Hi, thank you for the video. Do we have such products in South Africa as I have been searching for a long time
How would this apply in foreign countries such as the UK?
Doug, always great info!! What company / companies do you recommend for the IUL products?
He will never answer to this question.
I am a licensed agent and I can help you to open the IUL.
Be very careful with choosing a UIL. Most active Infinite Bankers who lend large amounts to a LLC they own will give you very powerful insight on the proper structure at start, the 60/40 split HECV whole life policy is truly what you maybe looking for so ask around to people who have this structure and use it with at least $850k in the policy loan amount, reason being is they can share with you valuable knowledge that may help you get from the $80k level to the $800k level. Hope this was helpful.
I am very new at this and I am a little overwhelmed. One question I have is when you start a life insurance policy, can you borrow on it right away or do you have to wait while I invest more money into it? Please straighten my thoughts on this out.
Generally, you want to wait more long term. But, you'd have liquidity to your money as early as year one.
Thankyou ! And how this is applicable in India
I didn’t get your reply
Can these loans be done without having a whole life insurance plan?
I’m definitely going to grab a copy this week! Great channel!
Hi Doug, I'd like to have a free book and learn more how to save my retirement...I drained it lately.
thanks for the interesting material.
how far do your book/teachings apply to Canadians ?
I loved your educational video...nevertheless, I would love know how can I get your since I not in United States but in Africa, Mozambique.
You mention $5000 a month, can this be done with smaller amounts to build up to larger amounts?
Yes.
Jerry Gilbers the answer is yes but the question is do you still feel it's wise to keep your money in a savings account or transferring it into your Whole life policy. Increase the cash value not necessarily your death benefit.
Wonder if this can be done in Australia?????
is this a US only mechanism, or can it be done in other markets
Would reallllly love to do this ~ I never knew ~ thank you very much. However, just how rich need I be to begin? I'm a retired senior, own a home, living on my soc. sec. Thank you.
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
Dear Doug, thank you for an eye opening talk. I would like to order the book, but you only ship to a US address. Why not globally? I live in Cape Town, South Africa. Amazon lists it as out of stock.
The problem I see is that the average rate paid on a universal life policy is 2-3%.
Not possible in UK- this type of life insurance isn't available 😢
Do you have a digital version of your book? Thanks!
Hi, I am new to this channel. Is this applicable to the Australian tax system?. Thanks
Love this 🎉, pls send book
Go to 3dimensionalwealth.com/getstarted to learn more! By meeting with an IUL Expert, you can determine for yourself how the LASER Fund strategies will work for you and your particular set of circumstances.
I really enjoy watching your channel. Can I borrow money from my policy that is not even up to two years? Please I need your advice 🙏
That all depends on your available cash value. Hopefully, whoever designed your policy, they max funded it which allows great liquidity even in year one.
Does this make sense for the UK? would love to know
🙏 Thank You So Much Financial Master Doug Andrew for your honest financial investment advices for many greenhorns like us out there! Many Happy Good Blessings in Return to You! 🌷🌿🌎💜🕊
Definitely the first I've heard of this, instant sub! 🙏
You are one of the best , thanks for the info.
all this good but
1st where you get money every week?
Does it have to be this real estate example? 🤔
@missedfortune
Is there a step-by-step program to start now?
Or is it better to get the books?
And in which order?
I live in Australia is this method Available, Or is it only in the USA?
It's unacceptable to me too!!! I have five children in College and I need wisdom now! I need hard earned money working even harder!!!
How do you open a uil?
I have been watching your channel all week really digging the education but I don't see one where you break down how to open ,operate or manage a uil?
Got a tutorial somewhere ?
I am a licensed agent and can help you with opening an IUL if you are in the US.
@@lifeofgerardine Would you be willing to open a 60/40 split HECV whole life policy for him even if you receive far less commissions up front? Let's be honest, if his target goal was to be an Infinite Banker and take a loan out of his whole life insurance policy so he can act like a banker and loan his LLC the money plus interest would you make sure you exchanged your potential higher commissions so that he gets the better insurance policy for him to be an infinite banker?
Thank You Sir, How about own insurens co 😊
Ayo I miss this guys videos from my pinnacle elite days ❤
How far from beginning of policy can I start borrowing
If set up properly the answer is within 30 days. Keep in mind it helps if you are talking to a person who taken a loan from the insurance policy of at least $850k to use as an infinite banker and lend that money out to an LLC that he owns. Especially if the LLC is in a trust and then technically he doesn't own the LLC he just controls it which is the ideal structure because then the assets is the LLC belong to the Trust and is fully protected from any potential lawsuits that may come against the insurance policy holder like if he hits a cyclist with his car on accident. These things happen in life and you want to have full legal protection for all your investments and assets.
How much money do I have to put into the IUL before I can borrow against it?
Mr. Andrew is this the same as Nelson Nash Infinite Banking ?
With natural hair like yours, what could possibly go wrong. Im all in.
Will this work for people based in the UK ?
How do I get in touch with you to set a IUL for myself and my kids?
You can speak to one of the IUL Specialists I work with and train by setting up a time here: 3dimensionalwealth.com/getstarted
Thank You, Doug New subscriber.
Can the same optimizing of assets and minimizing of taxes be done in EU or is it only the US?
Is this a monthly deposit and or one time lump sum money investment?
What does this all mean in English ?
Can see you are passionate about what you do doug
That’s why we started an insurance company and we offer 24%+( more for higher investment amounts) per year to clients. Operating as a bank is not that interesting as there’s too much regulation and costs forgotten in this video. Banks do not go into real estate as that’s often not allowed by law. Banks only borrow you other people’s money when you actually don’t need it.
@5:17 - are you able to comment on European, especially UK options for insurance and savings?
The information is great but the rules are different
I guess this only works in the US because the legal/financial dispositions allow it. Not sure at all such a strategy is also feasible in, say, the EU...
Does this work in other tax jurisdictions I.e. Canada, UK , Singapore, Australia, New Zealand or Ireland ????
Thank you i learned something new today
Can this strategy be implemented in Canada? And if so, which life insurance company would be most effective to your strategy? Ollie
Can this knowledge be applied to Brazil ?
This man is brilliant
Why is this book not available in epub or online format?
Idk it’s still insurance and comes with fees. Wouldn’t it be better just to invest in some index funds? I’m assuming you’re selling insurance correct?
You can get cheap indexed funds. Sure.
But you’ll be exposed to market losses and taxes. IUL doesn’t have either.
Additionally, a properly structured policy is significantly cheaper than what most advisors and agents are out there selling.
@@missedfortune does any of this apply to Australia?
But if our money is being devalued and no longer the world currency… what does it matter you make a million dollars in fiat?
I wonder if this can be done in Aus?
What's the minimum you need to put in these insurance contracts?