
Do I Have to Make Loan Repayments AND Make My Premium?
The Infinite Wealth Podcast
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CPA Wisdom - Becoming Your Own Banker
Anthony Nelson often said that we should think like a banker. Can you give us some CPA wisdom, some insight to what he means there? For you, Cameron, I gladly share my CPA wisdom. We get this often. And what I tell clients is I say, you're going to let the asset that you invest in dictate the loan repayment. So if somebody's out there flipping typically money's outstanding from anywhere from four to maybe six months. But when we sell that property and we get the proceeds and the profit from it, now what we can put that back into the policy along with paying off the loan interest.
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