

Jason Henderson: IBC Overview
Apr 12, 2023
19:35
In this episode, Scott and Jason discuss:
- Becoming your own banker
- Double dipping
- Three tier-one assets on a bank’s balance sheet
- Opportunity cost
Key Takeaways:
- Until you can teach a concept to someone else and have them understand it, you won't really understand it. You learn most when you are the teacher.
- You can finance and arbitrage money at the same time by doing double dipping, but first you have to capitalize. There is uninterrupted compound interest on a guaranteed basis, as well as your share of the company's profits on an unguaranteed basis.
- Three different things are allowed for tier-one assets on a bank's balance sheet, which are the most secure and valuable assets they can possess. These assets will determine or dictate whether a bank is strong: gold, Treasury Bills, and cash value whole life insurance.
- An investor's opportunity cost is the amount of potential gain they miss out on when choosing between two investment options.
"There's really only two things to remember: don't ever steal from yourself, and don't be afraid to pay massive amounts of premium." — Jason Henderson
Grab a copy of Becoming Your Own Banker by Nelson Nalsh here:
Connect with Jason and Scott:
Website: https://henderxcapital.com/masteryourmillions
Twitter: @MasterYourMs
Facebook: https://www.facebook.com/groups/realestateinvestorsofutah
Instagram: @MasterYourMs
Email: jasonchem@gmail.com, scott@henderxcapital.com