Listen "Is Infinite Banking a Scam?"
Episode Synopsis
In a world where "too good to be true" usually is, it's easy to wonder if Infinite Banking works the way advisers like me claim. Maybe that's why so many people head to Google and ask "Is Infinite Banking a scam?" In this episode I'm going to separate fact from fiction so you can see through the confusion and misrepresentations certain "experts" create around IBC. I'll also explain why so many qualified financial experts refuse to tell their clients about IBC, even when it could fit them perfectly. Listen now! Show highlights include: What Dave Ramsey gets wrong about Infinite Banking, and why trusting him on this topic can cripple your financial plan. (1:10) Confusing IRS definition that spooks consumers away from IBC and all its advantages. (3:35) Dividend danger? Whole life insurance companies can miss a dividend, but how big is the risk really? An honest look. (7:00) Why borrowing against your whole life policy isn't "being charged to borrow your own money," regardless of what radio experts say. (9:14) One reason most advisors don't promote IBC. Hint: It's not about your best interest. (15:20) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
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