M&A Unplugged
28. What is Infinite Banking with Jim Oliver
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:34:38
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Sinopse
In this episode, Domenic and Jim Oliver discuss: The actual rate of return versus the average rate of return on investments. Jim's background and his start in mastering the infinite banking concept. The whole life insurance policy rider that generates the borrowing platform. How Jim uses the concept to acquire and invest in businesses. Key Takeaways: It can only be done with a Mutual Life Insurance company. You can borrow against your premium without touching the principle. You pay an average interest rate of 5% against the value of the loan which is in turn, tax deductible. It is an alternative bank that you control. "We designed it to be the lowest death benefit, highest cash value available." — Jim Oliver About Jim Oliver: bio not provided Connect with Jim Oliver: https://www.facebook.com/createtailwind Website: https://createtailwind.com LinkedIn: https://www.linkedin.com/company/create-tailwind/about/ Connect with Domenic Rinaldi: Sun Acquisitions Website: www.sunacquisitions.com M&a