It’s hard enough to grasp the concept of IBC – and to make it even more difficult, there is tons of misinformation about IBC on the internet which teaches newcomers the wrong way to do infinite banking.

In this week’s episode, the guys give you a crash course in researching the infinite banking concept. Not only will you learn about the red flags you should be on the lookout for from “finfluencers” – but you’ll also gain a better understanding of why the information they are spreading doesn’t work in the first place.

For all you newcomers – make sure you don’t miss this episode!

Episode 29: Universal life vs. whole life for the purposes of IBC

https://www.youtube.com/watch?v=D7GHRfLcVYQ&t=2s

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Main Episode Description:

0:00 - Introduction

0:27 - Episode beginning

3:04 - “The noise”

4:05 - Different types of noise

9:30 - The IUL crowd

16:32 - The difference between IULs and whole life insurance

23:10 - One of the biggest risks for IULs

26:05 - Using whole life insurance to get rich

31:30 - Some other red flags

36:44 - Take a look at your whole life contract

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Episode 96: How Do I Know Who to Trust Online When Researching Infinite Banking? 39:57 Share

Wealth Warehouse

Shownotes Transcript

Episode 96: How Do I Know Who to Trust Online When Researching Infinite Banking?