I Asked Chris Naugle Tough Questions About Infinite Banking | Financing Cars, Paying Debt, & More!

[@BetterWealth]

If you liked this clip you may also like the full interview that it's from! Watch Here: kzbin.info/www/bejne/i2nMdGWDqJh8ptk

[@cwall216]

Your content has definitely made me more proficient in how I make financial decisions

[@BetterLifeAsset]

Brother Caleb, thank you so much for asking and addressing those tough questions.

[@hawktriad]

I purchased an IUL but was told cannot take a loan from it until the 12 months of premiums have been put in. That means I cannot do any actions for IB until month 13??? I was told this was the only option I had, and now I hear about doing whole-life. Can I somehow roll my IUL into a whole-life?

[@PherahBodolay]

You can totally do that. You would roll whatever cash value is available through a 1035 exchange. First setup the IBC policy, then have the insurance company roll the cash value available in the old policy to fund the IBC policy. Remember, depending on how long you've had your IUL, there might be surrender charges.

[@charlesanderson7830]

I have a very hard time decoupling Infinite Banking vs. Investing in index funds

[@Henry.Nibler]

I'm afraid I have to disagree with the "All Good"; there are contracts that objectively perform better in individual circumstances. The estate policy should be a corporate VUL contract for death benefit guarantees. ETC

[@marcbaker2240]

There is to much red tape involved in IUL policies. I believe it keeping investments and banking simple and eliminating the red tape. Lower fees equal higher returns.

[@adamsorrells4052]

Maybe it is needed for people that have trouble with the concepts, but how many times can you refer to foundations without it being redundant. If you are going to tell me the same thing twice, just make the video shorter.

[@BetterWealth]

Thanks for the feedback 🙏🏻 I find that reinforcement for the most important points is really needed. We have a majority of our viewers who are still trying to understand this concept. We have a mix of more complex and basic content to accommodate our wide range of understanding on this topic.

[@megbobsbarn3]

Let's say, hypothetically, a person has a correctly structured policy with $75k available to borrow against...but doesn't know what to do to "create" with that money. Is there a direction you would point them in?

[@BetterWealth]

I could give general answers but the reality is there is no one size fits all. There are so many factors that go into deciding how to utilize your money for an investment. First thing I would ask is what do you want to achieve with your money? I would also say to look into learning your “investor DNA”. These are the real questions that need to be answered before we even talk about before educating about how to use the money. If anyone gives you a direct answer about how you should use your cash value without asking these questions first, then they either don’t have your best interest at heart or are severely uninformed about how to approach investing.

[@Doriginal5]

So can you draw up the same types of policies as Naugle?

[@thecrazypoet]

He recently got his IBC certificate. So yes.

[@The442nd]

@ 5:05 wait, wait, WAIT!!!! Did Mr.Nash pass away?

[@BetterWealth]

Yes, sadly in 2019

[@adrianmcconnell1478]

Is Chris an IBCP?

[@thecrazypoet]

Yes he is.

[@carolkuczkowski-qd5hj]

Dude, quit interrupting Chris. If you are going to interview, let the man talk. I found this very annoying.

[@BetterWealth]

Thanks for the feedback!

[@newchallengers9420]

Hate this, wtf is this

[@BetterWealth]

Sorry to hear that. Anything in particular you would have like to see different?

[@highdad]

*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*

[@kornsyko]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

[@pepcovas]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

[@luizfabriciodss]

People prefer to spend money on liabilities, Rather than investing in assets and be very profitable

[@dimetossa]

You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.

[@bobbybagshaw]

Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Josh Olfert🙌