Build Wealth by Starting Your Own Personal Bank / Garrett Gunderson 

That is one that many people do not understand yet, hope to change that.

I know Pamela. Definitely some similarities for sure. A lot actually.

Got several videos on the topic and people that can support at cashflowbanking.com

I have to say I agree with you Marie. Too many terms thrown around. A simple spreadsheet with basic columns and definitions would help. Also, we all understand that everyone out there wants our money, Garrett sounds sincere however this type of video does not make one close out their accounts and 401Ks and sign up with him. In other words, I can withdraw excess money and store it at home today. Why do I need help with this?

This is because you where told a lot of lie and disbelief also look for the dèfinition of word you don't know

Still confused?

I can help. It’s very easy concepts that need a financial professional to guide you with the right GPS.

Nah, I would suggest run away as fast as you can.

You can start an actual bank (I have a friend doing that) or just set yourself up and not need to use banks.

If you can fly to the US or Canada you may be able to get it there.

TC, if this video is confusing, then you are way ahead of the people who are mistakenly think they understand it. The entire "Infinite BAnking" pitch is a marketing ploy. Its intent is to first confuse, then mislead people who are not trained to think for themselves and who lack adequate financial education. -- the purpose of which is to sell a very high cost product.

@@charlesbrown9213 It’s not confusing. If you FULLY fund a whole life insurance policy you can borrow against that policy (tax free loan) and invest into an asset such as Stocks, Options, Dividend Paying Stocks, Crypto, NFT, Art, Real Estate, etc. Anything that will pay the monthly loan amount. When it’s paid off, rinse and repeat. I agree, if you pay monthly payments to fund a whole life insurance policy that you could pay upfront commissions for a long time (depending how it’s designed) before realizing any cash benefit. “FULLY FUNDED, is the way to go.

But whilst you building cash up and the banks fail thennu have nothing. Right now the world is more than upside-down doctors used to becdoctors, jobs used to be easily available, ships blocked from offloading . . Banks ?

@@corvetteenthusiast5163 I’ve read everyday about this topic for probably 3 years. Posted on many forums. There is an overwhelming consensus, that people believe you sign up for a 500k death benefit, pay 100 a month, and then they call it a scam. They are not grasping like you said, to max fund as fast as possible and punch your ticket on the ride.

​@utubedude2842 are you implementing what you've read and learned over the last 3 yrs? And if so how are you doing it? Thanks for any response

If you’re getting 6 percent on the cash flow account and you take out some cash you pay four percent to the system - they are still paying you the interest (the difference) at 2 percent (better than most banks)

Yep

Only if you travel to the US to set it up.

I believe so, ask they people at cashflowbanking.com

Crypto can and will decrease, whereas your whole life insurance policy will have a minimum guarantee that you will never drop below. Crypto is highly volatile, your money can disappear in the blink of an eye, it is not recommended for banking.

Really depends on how much death benefit you have. My first policy was 50 bucks a month, but I didn’t overfund it. The second was 262 dollars per month and 160 dollars of it was overfunded. Age and amount of death benefit is key for the amount of premium required and how much you can overfund. The people at cashflowbanking.com can run illustrations and demonstrate.

Death benefit?, cheap burial 5, 6 thousand, don't know what else u r talking about

The free version is at wealthfactory.com/megakit, the other one was free for a limited time. One of the books has plenty of promotion to strategies, but to a firm I don’t own. The other was my first book and I didn’t do well enough with marketing on that one.......so not just a pitch like you say.

Garrett Gunderson why doesn’t the link to your book I bought don’t work.

Geez man have i read this a year ago i wouldve thrown $6 to educate you

It varies and can range from 3.5 percent to 5 percent. Depends on if it is direct recognition or non-direct recognition and variable or fixed rates.

It depends, as always, on your negotiating skills. All of life is a negotiation.

Can you please share some more information or a video on how to do this. Thank you

Yep..I smell a used car salesman

Sorry. No.

There is a download here wealthfactory.com/megakit nothing to purchase, but you give your information to get it emailed.

Take control of your finances!

Yep.

@@GarrettGundersonTV thanks for your videos I listen to you all the time.

Train for Longevity the dividend whole life policy’s pay a death benefit. No bank account pays a death benefit. I am getting a whole life in the next month.

@@SmithFam2323 but your money is locked up and if you don't repay the loan, you forfeit that benefit anyway. Repayment risk is high with these policies, especially if you borrow a large sum. It isn't risk free or appropriate for most... My opinion

Train for Longevity by all rights you don’t have to pay it back. However, it’s comes off your death benefit till you pay it back.

@@SmithFam2323 Before you do you might want to look at the other side of the argument.........www.whitecoatinvestor.com/debunking-the-myths-of-whole-life-insurance/

Train for Longevity I think you missed a lot of content Garrett covered in this video. I encourage you to listen again, get the book offered (I bought it a year ago & it's phenomenal!), and then connect with some professionals who understand this fully. If you don't want to utilize the folks at the website he gave out at the end of the video, definitely research this topic fully (also called infinity banking by some, "the rich man's Roth," and the "laser fund," among other terms, so you can reference those terms as well for more insights) and thoroughly research anyone you do reach out to regarding whole life insurance and other wealth-creating products and methods. Garrett is one of the smartest, most knowledgeable peeps I have come across on this topic, and when I first stumbled upon him I was skeptical of him...& everyone else talking about money & wealth--simply because I DIDN'T know about this stuff! If we live in fear that someone is trying to take advantage of or swindle us at all times, then we work hard to create that very scenario. And if we are willing to acknowledge what we don't yet know or understand clearly, ask lots of questions, research something sans judgments or points of view about it, live in a state of question & awareness, then we open ourselves up to receiving whatever it is we seek. When we operate from judgment, conclusion, point of view, we completely cut off our awareness and our receiving, and we can ONLY have or find or receive that which we've decided or concluded is "the way things are." Applies to every aspect of life! Perhaps you've noticed there is ZERO wealth creation education in our education systems. So I dunno about you, but I figured maaaaaaaybe someone who has amassed wealth for himself, his family, and thousands of clients since he was 19 (& he openly speaks of a course correction and going to his early clients to tell them he got it wrong & show them better alternatives, such as what he now calls cash flow banking), well, just maybe he does possess solid knowledge that's worth listening to for our own information and educational purposes. I'm certainly not gonna take financial advice from anyone telling me to "save more," cut back more, and stuff more in a 401K or other IRA (especially anything tax-deferred! Anyone who suggests such CAN'T DO BASIC MATHS!). You cannot scrimp & shrink your way to wealth. It requires expansion and investments, and Garrett is one of the first financial guys I've encountered who acknowledge such, and use such languaging (which got my attention, because that's MY languaging!), and gives away so many keys to the kingdom. There are charlatans in any field or type of business. And there are genuine, generous individuals who truly care about their clientele and the people they can serve. Focus on the latter, the real deal, and it's easy to pick out the counterfeits and avoid them. In all my experiences with Garrett & his work over the past few years, he has proven himself over and over again to be authentic and genuinely care about making financial information accessible to any willing to avail themselves of such and educate themselves. Whatever you choose, be sure to research fully, get multiple perspectives from QUALIFIED & TRAINED financial professionals first, and never look at just one thing (financial vehicle) or expect one approach to be your be all & end all wealth unicorn, or to be the Final Answer forever. Be willing to own your choices and be willing to change course if another path is better for you, don't get attached to your choices or judgments of what is "right" or "wrong." Stay fluid. Money loves fluidity, so the more we remain fluid rather than rigid & attached, the more likely we are to have success accumulating it! 😊 psssst...for realz, get the book. It's probably $6 for shipping, and a great starting point to this vast topic. If the information in the book doesn't resonate with you, no loss. You've wasted more than 6 bux worth of food already this month, to be sure! (Better a book than a Big Mac! Amiright?!) If it at least piques your interest, you can reach out to his organization or someone else to explore the possibilities. It's your call. 😌

Ha ha!!!

Where can I get an 8% annualized return with no risk?

You're forgetting the secret weapon in a cash value policy: participating loans.

@@califorsyth8449 Where can you get an 8% annualized return with no risk? In your dreams.

@@sethpawlik So then why do you use that in your example?

That's why you do it when your young and in good health don't smoke 😂.

What are the ifs you see?

Why?

Rutexas are you referencing yourself? Is this your self-appointed title? If so, thanks for the warning! 😉 lol If not, you've lost me.

You're not Gunderson's personal lackey by any chance?

Gotta admit, that is pretty funny.

Bank accounts? Yeah, banks not quite doing as well as mutual insurance companies right now.

@@GarrettGundersonTV not banks. Just investing in low volatility funds and borrowing against them. Anyone can do that without paying fees to an insurance company that takes from the highest compounding time and eventually provides a “savings” vehicle when least need it.