I sit down with the president of the Nelson Nash Institute to walk through the core principles of the infinite banking concept as Nelson Nash intended as well as covering the future of IBC. I also directly address some of my concerns and issues with completely removing banks from one's financial plan.
Watch the Interview on Youtube for Visuals - https://youtu.be/M72BN415fOE
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Chapters:
00:00 - Interview Trailer and Defining Infinite Banking
01:16 - Guest Introduction - David Stearns
01:48 - How Would You Define the Infinite Banking Concept?
04:45 - Volume vs. Rate
06:56 - Relationship to R. Nelson Nash
18:56 - History of the Infinite Banking Concept
27:23 - The Nelson Nash Institute
37:54 - Core Things You Need To Stay in the Institute
42:52 - The Five Simple Rules of Infinite Banking
*Think long range
*Don’t be afraid to capitalize
*Don’t steal the peas
*Don’t do business with banks
*Rethink your thinking
1:01:24 - Addressing Controversies and Misconceptions
1:20:24 - The Role of Banks and Control
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*This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.