The Infinite Wealth Podcast

Infinite Wealth Consultants
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Dec 17, 2019 • 48min

Confessions of a CPA, with author Bryan Bloom CPA

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast
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Dec 10, 2019 • 36min

The Tax Train is Coming! Our interview with author David McKnight

Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast
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Dec 3, 2019 • 55min

Why we (and Batman) DO NOT recommend IUL's for IBC

Schedule your 15 minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we discuss (a few) reasons why we do NOT recommend IUL's for use with the Infinite Banking Concept. We do our best to give an overview of some of the pitfalls without getting too far into the numbers and for those of you that have more questions and want additional resources you can go to our website (www.InfiniteWealthConsultants.com/IUL. Here you can watch video's highlighting the math behind IUL's, the differences in IUL illustrations vs WL illustrations, the costs in an IUL Policy as well articles from The Wall Street Journal, Bloomberg and a Warning from the State of New York regarding IUL Policies (and much more). In this episode we discuss the following topics: What are the differences between Universal, Variable and Indexed Universal Life? Mixes stock market with insurance How the risk is shifted from the insurance company to the policy owner Can IUL policies go Bankrupt? Cash Value vs Surrender Value...What's the difference and why is it important? Will an IUL help you achieve your goals? Additional Resources can be found at www.InfiniteWealthConsultants.com/IUL Video: The Math Behind IUL's Video: The Differences in IUL and WL Illustrations Video: The Costs inside of an IUL Policy Link: Warning from State of New York on UL Policies Link: Bloomberg Article by Michael Burry (Christian Bale's Character in the Big Short) Link: Wall Street Journal Article addressing the pitfalls of IUL's And MUCH more!!
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Nov 26, 2019 • 41min

Asset Protection and Estate Planning with Blake Johnson Esq

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/infinitewealth/15mincall Check our on-line course at www.InfiniteWealthCourse.com In this episode we interview Blake Johnson, Managing Member of Trusted Estate Planning Attorneys. He shares his insights on Nevada Law in regards to Business and Estate Planning as well as his reasons for practicing the Infinite Banking Concept. Here are the list of topics covered in this episode: Is estate planning only for wealth people? Ways to avoid probate court Difference between a living will and a trust Two main reasons in determining whether you should have a trust or not? Guardianship over minor children Life Insurance and Trusts – Should my LI policy be owned by my trust? Which is best to have as my beneficiary: A trust or an individual? Estate planning through the ages How does the level of creditor as well as asset protection of cash value life insurance in the state of Nevada compare with other states? Nevada Asset Protection Trust: "untouchable for spousal support and child support Rental Real Estate: Should it be owned in a trust or an LLC? What is a Series, LLC and should real estate investors use one? Downside of using a Series LLC? If I finance a house in my personal name can I move it into an LLC? How his internship at NW Mutual introduced him to the financial industry and how this played into his decision to practice the Infinite Banking Strategy. Resources: Blake's website: https://trustedepa.com/ Blake's Podcast Link: https://trustedepa.com/podcast/ Blake's Book: https://www.amazon.com/You-Cant-Take-Planning-Questions/dp/1544707096 Your cash value is protected in Nevada SB348: https://www.leg.state.nv.us/Session/76th2011/Bills/SB/SB348.pdf List of asset protection by state for Cash Value Life Insurance: https://www.actec.org/assets/1/6/Survey_of_Asset_Protection_Techniques.pdf Tax Free Wealth by Tom Wheelwright, CPA: https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1937832058 The Obstacle is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358
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Nov 19, 2019 • 57min

Hard Money Lending-What is it and when should you use it

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our online course at www.InfiniteWealthCourse.com In this episode we dive deep into Hard Money Lending: What it is?/How it works, etc...We interview Stephen Sinko with 5th Bridge Funding and discuss the following topics: What is Hard Money Lending? How it is different from other funding options The reasons why somebody would need Hard Money? Opportunities in Hard Money Lending for Investors as well as borrowers What are points? What is typically charged upfront? Hard Money Misconception #1: HM Lenders are Predatory Hard Money Misconception #2: Only Broke People use Hard Money How HM Lenders are protected Due Diligence that should be done when researching HM Lenders Resources: Stephen Sinko Cell: 702-281-2304 Email: 5thbridgefunding@gmail.com https://www.5thbridgefunding.com/
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Nov 13, 2019 • 1h 7min

Q&A with the President of a Large Mutual Insurance Co

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com In this episode, we interview Dennis Martin, President of Individual Life and Financial Services and Steve Cox, Vice President of Product Development of Individual Life and Financial Services at One America. We discuss many of the reasons why One America is one of the companies we recommend to clients. In this episode we discuss the following topics: What are dividends? And how are they calculated? Should we be comparing declared Dividend Rates amongst competitors? How does the insurance company view the PUA Rider? How the new CSO tables will affect policies moving forward? What kind of impact does our current low-interest-rate environment have on mutual companies? If this trend continues what some options insurance companies may exercise? What is the difference between Direct Recognition vs. Non-Direct Recognition? Which one is One America/AUL? Policy Loans Why One America charges loans interest upfront? What is the benefit of this? Benchmarks One America is proud of – Why we use One America and will continue to do so Whole Life vs Universal Life – AUL's Perspective Quotes: "Remember it's a savings account, not a checking account." - DM
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Nov 5, 2019 • 52min

BRRRR Expert, Alex Felice shares his insights on how to get started

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com On this episode we interview Alexander Scott Felice. Alex has built a portfolio of Single Family Residences using the BRRRR Strategy and has recently acquired his first Multi-Family Property. He is an avid reader as well as a respected contributor to Bigger Pockets. He shares his insights on his website https://www.brokeisachoice.com/ Alex covers the following list of topics: How he got started in Residential Real Estate? What is the BRRRR Strategy? What is Delayed Financing? Where he is buying his properties? How's he's built his team from 2,300 miles away? He discusses how much time he actually spends managing his properties How to build your network How "passive" is his portfolio? Best Advice: "Read everyday and start your own website" - ASF Quotes of the interview: "You don't deserve anyone great when you get started" - ASF "Plan to get better….both you AND your team" - ASF Resources: https://www.brokeisachoice.com/ https://www.biggerpockets.com/users/AlexanderScott https://www.biggerpockets.com/blog/diy-is-dead https://www.amazon.com/Antifragile-Things-That-Disorder-Incerto/dp/0812979680 https://www.amazon.com/Big-Debt-Crises-Ray-Dalio-ebook/dp/B07GLBHM48 https://www.amazon.com/Fooled-Randomness-Hidden-Markets-Incerto/dp/0812975219 https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555 https://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/0674979850
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Oct 29, 2019 • 46min

Becoming Your Own Banker Pt 5

Join us as we continue going through Nelson Nash's "Becoming Your Own Banker." This episode we discuss The Human Factors: Parkinson's Law-"Work Expands to meet the time allowed" , "a luxury once enjoyed becoming a necessity" & "expenses rise to meet income" Willie Sutton's Law- "Wherever wealth is accumulated some will try to steal it" The Golden Rule- "Those who have the gold make the rules!" The Arrival Syndrome- "already know all there is to know!" Links: Links: Video comparing paying cash vs IBC http://bit.ly/CashVsIBC Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC
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Oct 15, 2019 • 33min

From Broke to Owning 26 Rental Units(Revised Audio)

Listen to Gary's story on how he quick his job and created his own business flipping and renting real estate. Links mentioned in the podcast The Infinite Wealth Facebook Page https://www.facebook.com/fasocpa/ Link to Bigger Pockets Podcast: http://bit.ly/2MgFxqf Link to a previous podcast interview: http://bit.ly/2B8xeGB Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com
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Oct 8, 2019 • 24min

Becoming Your Own Banker Pt 4

Schedule your 15-minute call with Anthony or Cameron here: https://calendly.com/anthonyfaso/15-min-phone-call https://calendly.com/cameronchristiansen/15min Check our on-line course at www.InfiniteWealthCourse.com Nelson Nash documentary http://bit.ly/NelsonDoc Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

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