Wed, 27 June 2018
#167: Want to own your own bank? Today’s guest, M.C. Laubscher, tells you how and why.
The “Infinite Banking Concept” provides you with liquidity, tax-free growth, and your own control outside the banking system.
Many real estate investors utilize the Infinite Banking Concept, aka “Cashflow Banking” to increase their rates of return.
Today’s guest also hosts the Cashflow Ninja podcast.
First, I tell you how you are giving more to others than you think. You are already more generous than you knew.
Want more wealth?
1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
2) Actionable turnkey real estate investing opportunity: GREturnkey.com
3) Read my new, best-selling paperback: getbook.at/7moneymyths
Listen to this week’s show and learn:
00:52 You are more of a giver than you think. Here’s why.
07:58 M.C. Laubscher’s background and “Rich Dad, Poor Dad” influence.
11:40 Why people struggle financially.
14:11 People don’t even consider investing for income.
18:00 Your wealth formula.
21:11 Structured Whole Life Insurance with the Infinite Banking Concept.
25:55 Example of a $1,000 monthly contribution. 6-7% interest rate.
28:45 Example with $60,000 cash value balance.
32:22 Insurance companies are profitable and enduring.