Control and Compound with Darren Mitchell

On today's episode, Darren and Christina go through some of the comments they've seen online about what some people think infinite banking is and how it works. We've got some debunking to do, you don't want to miss this episode! Show notes: 00:00 - Introduction 1:35 - "Infinite banking is a scam" (no it's not) 4:05 - "You lose the cash value when you die" (you don't) 7:25 - "Why would I pay intere...

On today's May update episode, Darren and Christina go over current interest rates, the stock market, housing prices, and also chat about the importance of AI and how it's going to affect the business and investing world in the near future. They also have some great news from the life insurance world with some of the providers announcing new things. Tune in now! Show notes: 00:00 - Introduction 00...

On today's episode, Darren and Christina discuss critical illness insurance and the benefits that come along with it. They dive deep into what illnesses are covered, additional benefits, as well as how these policies are set up. Tune in now! Show notes: 00:00 - Introduction 1:05 - What is critical illness insurance? 5:15 - What illnesses are covered? 12:28 - What other benefits are provided? 13:20...

On today's episode, Darren welcomes private lending expert, Kyle Ford from Kyle Ford Mortgages, to the show. You don't want to miss this one, Darren and Kyle go through everything you need to know about private lending including what a typical transaction looks like, why people choose the route of private lending instead of typical financing, costs and fees involved, as well as many other key poin...

On today's episode, Darren and Christina break down what it looks like if you use cash inside your corporation to fund an infinite banking policy. You're not going to want to miss this episode as they go over the tax implications, OpCo vs. HoldCo, and what you can use the cash for in a policy. Tune in now! Show notes: 00:00 - Introduction 1:20 - CCPC (Canadian controlled private corporations) tax...

On today's episode, Darren and Christina discuss the recent banking collapse scare with Silicon Valley Bank leading the way. They also get into what this could mean for the insurance companies that they use for infinite banking participating whole life policies. Don't worry, it's good news for infinite banking even though it might be bad news for the banks! Show notes: 00:00 - Introduction 1:25 -...

On today's April update episode, Darren and Christina do an analysis of the 2023 Canadian federal budget including increases on tax rate, 1.18 trillion dollars in federal debt, but no changes to life insurance! They also chat about the updates to RESP as well as how the insurance companies that are compatible with infinite banking fared this past year in terms of revenue. Tune in now! Show notes:...

On today's episode, Darren and Christina are breaking down the Canada Pension Plan and Old Age Security. They go over the ins and outs of each fund and most importantly, let you in on a few dirty little secrets of the CPP. Tune in now! Show notes: 00:00 - Introduction 1:55 - What can you get from CPP and OAS? 4:00 - Breaking down OAS (old age security) 11:15 - Breaking down Canada pension (cpp) 16...

On today's episode, Darren and Christina break down the differences between universal life policies and participating whole life policies including the fees associated, tax differences, the volatility difference, and which one you should be using for an infinite banking policy. Tune in now! Show notes: 00:00 - Introduction 3:05 - What is a Universal Life Policy 6:25 - Fees associated with Universa...

On today's episode, Darren welcomes Cherry Chan to the podcast! Cherry is a CPA and probably the most recognized real estate investing accountant in Canada and Darren and Cherry chat about how real estate investors can avoid paying unnecessary taxes when doing business. Tune in to this one, you don't wanna miss it! Show notes: 00:00 - Introduction to Cherry Chan 6:20 -  What taxes do you need to b...

On today's episode, Darren and Christina dive deep into the world of joint venture deals and dissect what it takes to form a strong partnership to secure a successful joint venture. Darren also talks about the current joint venture deal he has going on in his portfolio. Tune in now! Show notes: 00:00 - Introduction 00:45 - What's a joint venture deal? 2:25 - How do I find a joint venture deal? 3:4...

On today's March Update episode, Darren and Christina chat about a potential recession coming, an update on the stock market and real estate market and they also have some great news in the insurance industry! Tune in now! Show notes: 00:00 - Introduction 00:30 - Is a recession coming? 2:55 - Interest rates announcement on March 8, will there be a hike? 4:05 - Stock market update 6:50 - Real estat...

If you have children, you need to check this episode out! Darren and Christina break down the difference between using an RESP (registered education saving plan) and an infinite banking policy on a child. The results are incredibly impactful and if you were thinking an RESP is the right choice before this episode, your mind may very well be changed by the end of it! Tune in now. Show notes: 00:00...

On today's episode, Darren sits down with Josh Findlay and Ehren Laycock of the Findlay Mortgage Team to discuss all things mortgages including where to look for a mortgage, the most common types of mortgages, the key differences between A and B lenders, as well as some other unique products that investors are using these days. Tune in now! Show notes: 00:00 - Introduction 1:18 - Intro to Josh and...

On today's episode, Darren and Christina break down all of the types of insurance that you can purchase, which ones are the most important, which ones are maybe not exactly necessary, and everything in between! Tune in now. Show notes: 00:00 - Introduction 1:25 - What is your greatest asset? 2:05 - Breaking down critical illness insurance 8:40 - Disability insurance and why it differs from critica...

On today's episode, Darren and Christina break down how to flip a house properly including how to find the best deal, understanding ARV, doing the most efficient renovations, and most importantly, how the infinite banking strategy completely enhances the process of successfully flipping a property. Tune in now! Show notes: 00:00 - Introduction 3:24 - Finding the best deal 6:30 - Understanding ARV...

Welcome to February everyone! Darren and Christina go through a few updates including the recent interest rate hike and speculation on where rates will go for the rest of the year, a potential bounce back in the stock market, mortgage rates and GIC updates, a pricing outlook for housing in 2023 and finish with some updates within Control and Compound Financial and a question from our listeners! #i...

On today's episode, Darren and Christina break down all the components of life insurance including what kinds are available, what the best options are, and how and which policy you should be using when it comes to the infinite banking strategy. You don't want to miss this episode! Show notes: 00:00 - Introduction 1:08 - How many types of life insurance are there? 2:00 - Breaking down term 10 insur...

On today's episode, Darren and Christina had the pleasure of welcoming Neal Andreino and Chandler Haliburton, hosts of the Master Keys podcast, to the show. Master Keys is the #1 real estate investing podcast in Atlantic Canada and Neal and Chandler have their fingers on the pulse of all things real estate investing and development in Halifax and the surrounding areas. The four chat about many dif...

On today's episode, Darren and Christina break down how pre-construction projects work, a step by step process of what you need to do and they finish the episode off with how infinite banking can be used to enhance these types of projects. Tune in now! Show notes: 00:00 - Introduction 1:15 - Hands-on vs. hands-off investing 2:45 - What is pre-construction? 4:00 - Example of pre-construction projec...

On today's episode, Darren and Christina go over the SMART goals strategy, how to get organized for the year, making sure you set BIG goals, and finish the episode with how Control and Compound specifically sets and attains their goals. Show notes: 00:00 - Introduction 1:05 - SMART goals method 2:15 - Specific goal 4:00 - Measurable goal 6:05 - Attainable goal 7:10 - Relevant goal 8:00 - Timeline...

In the first episode of a series breaking down Darren's book "Infinite Banking for Real Estate Investors", Darren and Christina chat all things private lending and how you as an investor can use other people's money to take advantage of opportunities in the market. This strategy is what some of the most savvy investors use and after listening to this episode, you too can use it effectively. The ep...

Happy New Year folks! It's the first Control and Compound update episode of 2023, Darren and Christina look back on a great 2022 and then forecast the upcoming year and what we should expect to see with interest rates, the stock market, housing market, and of course the insurance industry at large. The team at Control and Compound is pumped for a huge year and we have some great podcasts coming ou...

Merry Christmas Everyone! On this episode, Darren and Christina break down the steps you'll need to take so you can get approved for an infinite banking policy and start taking control of your money now! Tune in and let's get started. Show notes: 00:00 - Introduction 1:18 - Finding out if infinite banking is for you 2:20 - Life insurance application break down 9:40 - Steps you need to take if you...

In this episode, Darren and Christina break down how the modern day bank makes money using your money. It's quite the business model and the best part is, Darren and Christina tell you, the listener, how you can use the same strategies and be your OWN bank! Tune in now, you don't want to miss this one. Show notes: 00:00 - Introduction 00:45 - Origins of modern day bank 3:30 - The 3 wants that bank...