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Control and Compound with Darren Mitchell

How Does Infinite Banking Work? | Owning Multiple Policies | Breaking Down Nelson Nash's Book | PART 3

11 Sep 2023

Description

On today's episode, Darren and Christina are back for part 3 of breaking down Nelson Nash's famous book, "Becoming Your Own Banker". In part 3, they cover pages 21-26 and take a closer look at opportunity cost in everyday life, the moving parts in an infinite banking policy and how each role is played. They also chat about how policies get better year over year, how the dividend value gets decided and why owning multiple policies can unlock even more opportunities to invest. Tune in now! Show notes: 00:00 - Introduction 00:55 - Taking a closer look at opportunity cost 3:15 - The moving parts in an infinite banking policy - who's responsible for what 9:00 - How the policies get better year over year 10:25 - How does the dividend value get decided? 16:00 - Owning multiple policies REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

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