How To Take Control Of Your Money And Use A HELOC With Infinite Banking

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Күн бұрын

On todays Wealth Webinar Brian Fouts and HELOC Joe talk about how now is the best time to take control of your wealth. Brian talks about the Fourth Turning and what the cycles of history tells us will happen and the predictions that have already happened.
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DISCLAIMER. The information presented in this video is for educational purposes only and should not be taken as investment advice. Investing involves risk and any decisions made based on the information presented in this video are solely your own responsibility. We encourage you to do your own research and consult with a financial professional before making any investment decisions. We do not endorse any particular investment or investment strategy, nor do we guarantee any specific outcome or profit. Past performance is not indicative of future results and investing involves the risk of loss. Thank you for watching and we hope you find this video informative and educational.

Пікірлер: 36

@robertnevarez7599 9 күн бұрын

This is by far my favorite episode, these guys are top notch ! 🤘🏻

@anthonyj.rucker6069 10 ай бұрын

Quality content. Cut through a lot of noise that’s on YT on this subject. Thank you!

@TheChrisNaugle 10 ай бұрын

Glad you enjoyed it!

@backwardog1 10 ай бұрын

At 39:13, I need a flow diagram that establishes the A,B, and C in conjunction with the Ladder. I have trouble wrapping my brain around that.

@mikesummers9103 20 күн бұрын

You can borrow against assets, the income of the asset pays down the additional borrowing, the money you borrowed makes the next investment which produces income and you can borrow enough to buy the next asset because you have income which can pay it off…. Usually your debt to equity is below 1 so there is a limit because each subsequent investment has a diminishing value. There may be ways to get 100% of your capital out but that is difficult.

@kerryjennings2624 10 ай бұрын

Thank your, learning so much and understanding. Yes I get the book as well.

@darrylgriffinsimmons1724 10 ай бұрын

I need to reprogram! Great info.

@TheChrisNaugle 9 ай бұрын

what a POWERFUL way to say that, amen! lets go!

@patrickwilson1808 23 күн бұрын

I love this stuff

@thatoneguy4646 10 ай бұрын

Still owe the policy loan, plus you only can get about 90% back in a policy loan. Also take into consideration the premiums that now need to be paid in... I mean the policy compounds, but what is the cost? & what is roi time frame? It's hard to know since every policy & HELOC is different. It would be nice to see them start doing some real case studies on the application of this and the other concepts they talk about.

@briancroston1684 10 ай бұрын

They don’t show real examples because they leave out the part after paying off the HELOC with the policy - You still having an outstanding policy loan that needs paid. If not paid, you have a loan compounding at 5% interest. Yes, the policy is compounding uninterrupted, but it’s only compounding at 2.5% net of fees….not so amazing.

@thatoneguy4646 10 ай бұрын

@briancroston1684 I agree. That is why my question would be, how long until roi happens? (This is not including any extra returns from investments) I'm still in the air with my policy about borrowing the money I put in, they say it is my death benefit that I'm borrowing from, my death benefit has no value during my life until many years later. Until then I'm borrowing my own cash & paying it back... Still I'd rather have my money sitting waiting with a 2.5-5.5% growth.

@matthewboone8406 10 ай бұрын

@@briancroston1684 so pay your loan...

@triplelegacy414 10 ай бұрын

i have a question about this, i have a heloc and no debit beside the heloc should i be trying to do the ibc/buying dividends kings stocks/ even if im losing in interest rate? im trying to build my stock and ibc overall. thats kinda my goal. thanks for all the videos btw been watching/ listening for a few months.

@TheMrg59 10 ай бұрын

Just an FYI, in a 2007-2009 great recession style housing market dip, HELOCs can and will get called, as he asked. I personally know someone who used a HELOC as an emergency fund, and their house when from 500k value to 350k value during the crash, and the HELOC was yanked.

@matthewboone8406 10 ай бұрын

Was it first or second position?

@TheMrg59 10 ай бұрын

@@matthewboone8406 I don't talk to the person anymore, as I've moved, but I'm 99% sure it was 2nd position. And I've also found others online talking about it, and nearly universally they all talk about the 07-09 housing crash absolutely decimated HELOCs. Joe seems great and really knowledgeable, but it's really hard for me to take someone saying they've done something for a long time, when that time has exclusively been in a bull market and hasn't included a major market correction. Being fully leveraged (in a HELOC) doesn't seem smart, when, unlike an IBC policy, the bank can, and history proves they WILL, call that HELOC when the value of your house drops by 40% in a year.

@icon5892 10 ай бұрын

@@matthewboone8406I'm sure it was second

@emojidinosaur7300 5 ай бұрын

@@matthewboone8406 must have been 2nd.

@mikesummers9103 20 күн бұрын

That’s why you gotta have liquidity that exceeds the value, not borrow irresponsibly, and learn to hedge intelligently also. Financial education is a lifelong journey.

@gratitudespeaks 2 ай бұрын

Did anyone get the 1st Lien Heloc? I would love to get this done

@ckim4956 4 ай бұрын

Wow, how much we don’t know. You just need money one time and via these techniques you can make money multiple times without working any harder or getting a second job. That’s what rich ppl knew and we didn’t

@Acos0712 9 ай бұрын

Damn I'm applying for a HELOC and standard rate is 11.75% Could I even lend this out at a higher percentage than that to make a profit?

@ckim4956 4 ай бұрын

What’s Joe’s last name, does he have a KZbin channel?

@nimblenate 15 күн бұрын

Amortization is a schedule.. it's not a different calculation. If you have another LOC for peace of mind and emergencies just put your whole check on the mortgage.. do pre payment penalties even exist anymore?? You can basically still use velocity on a regular mortgage with a modest LOC on the side!! How do these people not understand this? The rate does matter! Run the numbers!! Amortization doesn't mean you have to take 30 years!! Pay it off however fast you want

@TheChrisNaugle 8 күн бұрын

Pre payment penalties do exist although they are less common thank goodness.

@briancroston1684 10 ай бұрын

Ok, so get a 9% HELOC, put it all into a policy then take a 5% policy loan and invest it. Your investment needs to return 14% each year just to break even and pay your loan interest, otherwise your loans are growing! Factor in that these investments are almost always taxed as ordinary income, your investment needs to make about 20% just to pay the tax and loan interest.

@thatoneguy4646 10 ай бұрын

The policy loan doesn't need to be paid back, it is recommended to at least pay the 5% simple interest each to year to keep it from compounding against you. The HELOC is required to be bad back on a schedule. When it comes to taxes on the investments know that they go through entities that allow them to pretty much write everything off. When you mention that 14% interest, keep in mind that it 14% over a year. Most investors are in and out & redo it again at least twice a year. Check out creative financing and you'll see this is easy to overcome for those who work to build a rapport & solid network.

@thecrownedjester 10 ай бұрын

Interest rates aren’t too bad if you’re familiar with the velocity banking strategy. The actual rate you end up paying is much less than the stated APR.

@adowdell 9 ай бұрын

The thing that most people dont understand about these turnings is that these are slow motion train wrecks. Preppers talk about SHTF as if its a one day event. No. These are decade or generational time length events.