Jim Oliver: What is Infinite Banking? – Ep. 028
M&A Unplugged
English - December 24, 2019 08:00 - 34 minutes - 33.4 MB - ★★★★★ - 85 ratingsInvesting Business Marketing acquisitions businessbrokers buyingabusiness exitplanning investmentbanking mergers sellingabusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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 Unplugged Website: www.maunplugged.com
Email: [email protected]
Linkedin:
Domenic Rinaldi: https://www.linkedin.com/in/domenicrinaldi/
Sun Acquisitions: https://www.linkedin.com/company/sun-acquisitions-llc/
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@SunAcquisitions https://twitter.com/SunAcquisitions
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Instagram:
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YouTube:
Sun Acquisitions: https://www.youtube.com/channel/UCm6H7kkMD6nnXFuHgqx9Ikg
Show notes by Podcastologist: Nicolette Jackson-Pownall
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.