Let's Talk About Rates Of Return
Episode description
It's incredibly difficult to assess a financial instrument without first looking at "what's the rate of return". We've been trained to do this our entire lives.
Nelson really pushed the idea that the Infinite Banking Concept is not about rates of return. It is NOT an investment. It is a tax advantaged savings account with a truly unsecured line of credit, and a growing death benefit.
However, just to have some fun, your hosts decided to delve into the discussion of rates of return!
"...but, hardly anyon takes this into consideration. They all tend to look at the early years of the two methods and conclude "life insurance is a poor place to accumulate wealth. They couldn't be more wrong!" - 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