Dec 24, 2019
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: marketing@sunacquisitions.com
Linkedin:
Domenic Rinaldi: https://www.linkedin.com/in/domenicrinaldi/
Sun Acquisitions: https://www.linkedin.com/company/sun-acquisitions-llc/
Facebook:
Sun Acquisitions: https://www.facebook.com/sunacquisitions/
M&A Unplugged: https://www.facebook.com/MAUnplugged/
Twitter:
@SunAcquisitions https://twitter.com/SunAcquisitions
@M_A_Unplugged https://twitter.com/M_A_Unplugged
Instagram:
@sunacquisitions https://www.instagram.com/sunacquisitions/
@ma_unplugged_podcast https://www.instagram.com/ma_unplugged_podcast/
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.