BankNotes – April 2018

In last month’s issue of BankNotes newsletter, I wrote an article entitled Something to Ponder. As a result, for all month long, I have been doing a lot of pondering and have concluded that this is a vast undertaking that should be practiced by everyone.

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BankNotes – March 2018

There is a great video named Banking With Life, produced by James Neathery of Alvarado, TX. It’s less than sixty minutes long and features a dozen or more personalities who are economists or financial people, including yours truly.

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BankNotes – February 2018

Highly profitable companies can run into financial trouble if they don’t have the liquidity to react to unforeseen events. Even companies with a stockpile of assets on their balance sheets will struggle with cash flow issues when markets crash if those assets are illiquid. In a moment of crisis, assets are of no value if they cannot easily be converted to cash in order to save the company.

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BankNotes – January 2018

Although it’s a pretty basic question, it’s worth asking: Why do we use money? Once we think through the answer, it becomes clear just how awful our current monetary system is.

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BankNotes – December 2017

In this third and concluding article about an IBC Tax Strategy, a strategy that I personally use, I would like to shift gears and steer our thoughts in the direction of some very important rules that govern life insurance policy loans.

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BankNotes – November 2017

In his classic work Becoming Your Own Banker, Nelson Nash claims that the standard approach to life insurance has things backwards. Consumers have been taught to get their desired death benefit for as little outlay as possible. Yet Nash argues that people’s need for finance while alive is more urgent than their need for a benefit check when dead.

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BankNotes – October 2017

The following article is based on the remarks Carlos Lara made at the February 2017 Infinite Banking Concept (IBC) “Think Tank” in Birmingham, Alabama. Lara’s remarks concerned the vision of The Nelson Nash Institute, its definitive difference, and overarching goals.

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BankNotes – September 2017

In this article I want to start by briefly reviewing some of the key components of the groundwork I initially laid out in Part I and then walk through some actual numerical illustrations that will help expand our understanding of this unique tax idea.

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BankNotes – August 2017

It’s been said that people would rather die than think. But I am going to see if I can incentivize you do just that by showing you a way to fund a large Infinite Banking Concept (IBC)-type life insurance policy while using cashflows that are dedicated to paying your taxes.

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