Capitalize, Capitalize, Capitalize!
Episode description
Often times newcomers to The Infinite Banking Concept look at the ability to pay into the policy for decades as burdensome. If they are perceiving it that way, it is crucial that they step back and reconsider why they even want to do the Infinite Banking Concept in the first place. If you do not embrace the ability to pay premiums as a highly desirable endeavor, you are missing the point!
"You must build the capitalization phase over a period of time, such as four years minimum. You may find it necessary (and desirable) to accumulate the capital over a longer period of time. Indeed, additional capital makes the system more profitable. Whoever heard of a grocer complaining about having to fill the shelves on five (levels) in his store instead of four? He knows full well the additional merchandise (capital) will improve his profitability. Neither should someone complain about additional capital (premiums) paid into a life insurance policy." - R. Nelson Nash, Becoming Your Own Banker
Connect with John Fox Ward:
Website: Nash Cashflow - The Nash CashFlow Group
Email: John@nashcashflow.com
Connect with Doug MacKenzie:
Website: Control Capital Solutions
Email: dmackenzie@controlcapitalsolutions.com