Private Money411 Magazine - The Source for Real Estate Finance Private Money411 Featuring Sarah Montes | Page 29
Since then, I’ve come to see how
useful and valuable a properly struc-
tured, dividend-paying whole life policy
can be, when issued from a mutual life
insurance company that offers non-direct
recognition loans.
This vehicle helps my clients over-
come the inertia of opportunity cost,
accumulate a powerful war-chest of
capital, and deploy liquid capital for
their real estate ventures.
It matters where your money lives.
As a CERTIFIED FINANCIAL PLAN-
NER™ I have investigated nearly every
financial strategy available to investors.
Well over 400+ products are available
and tens of thousands of uses of those
products have been hocked and sold to
folks looking for that golden goose that will just help
them sleep better at night.
Financial pundits and Wall Street advisors will tell
you that whole life insurance is the devil, and while
I’m sure I’ll be ostracized by mainstream financial
advisors for saying this, I think every person should at
least KNOW that becoming your own source of financ-
ing through a properly structured whole life policy is
an option worth investigating for yourself. Besides, if
mainstream financial advice got us into the mess we
are in, maybe it’s time for a new way of thinking!
We’ve had two major market crashes since the year
2000. Do you think another one will happen in your
lifetime? Do you want your reaction to the next mar-
ket crash to be the same as the last one?
If you’d like to not only protect yourself from the
next recession, but actually anticipate and take advan-
tage of it, prepare for it now by doing what the banks
do, not doing what they tell you to do. Banks purchase
a huge amount of life insurance to run their businesses.
Prepare by becoming the banker by using a form of
capital that banks themselves take advantage of (Goo-
gle “Bank Owned Life Insurance” to see what I mean).
Imagine we’re in the middle of another financial
calamity. Everyone is seeing their 401(k) values drop
and real estate prices are plummeting. Your friends are
nervous about losing their jobs.
But instead of fear and instead of begging a banker
to lend you his umbrella, you’ve established yourself
as your own source of capital, using the cash value in
your properly designed life insurance policy. You’re in
control.
When you see the real estate values crashing,
instead of fear, you see opportunity. You borrow
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from your own policy’s cash, and within 3-5 days your
policy’s cash value is direct deposited into your bank
account and you’ve got cash at closing.
No tax obligations, no government red tape. You are
in control. With this kind of leverage, the kind of lever-
age you own, you can borrow from your policy and still
have it earning interest as if you did not take the loan.
You read that right. That’s a rare feature often misun-
derstood and overlooked by most insurance agents.
And when it’s properly implemented into a policy,
you overcome the biggest hurdle in the financial uni-
verse - opportunity cost, and giving you uninterrupted
compound growth - what has been referred to as the 8th
Wonder of the World.
You can pay your policy back on your own terms,
when and if you choose. Do you think that will make
you more or less competitive as an investor? Could
this help you with more than just investing? How about
buying the stuff of life - cars, medical expenses, paying
off debt... which financial situation would it NOT make
sense to be the
banker?
The only thing better than being debt free is to be the
banker. Then you’re the one lending the umbrellas!
There’s more to this than just picking up the phone to
call your local insurance guy.
Most insurance agents (and certainly most Wall
Street brokers) have never heard of this strategy, and
you don’t want to put your money with an “I’ll just
Google it” advisor. If you’d like to talk to someone
who has been specially trained and authorized to spe-
cifically design a Bank on Yourself policy as described
above, please contact us at: [email protected] o r
call us at 1-800-962-9141.
PAGE 29 • 2017
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