Wealth Warehouse

When it comes to IBC, it’s important to have a clear understanding and vision for your policy. This can be difficult when you have some agents that lead with illustrations and promise amazing returns. In this week’s episode, the fellas guide you through some of the areas that trip people up when it comes to IBC. Should you be concerned about the dividend rate? Should you even consider an IUL? What...

IBC offers you unparalleled control over your capital - but the key is ensuring that you create your system of policies properly. You want to make sure that you get access to a level of ownership that is virtually non-existent in the market. In this week’s episode, the guys cover illustrations once again as well as the importance of getting proper guidance from a practitioner of IBC. They also cle...

Difficulty or success in life are decided, in large part, by how you build your wealth. In today’s episode, Dave and Paul take a look at the book “Heads I Win, Tails You Lose” and the “Hierarchy of Wealth” concept it outlines. This opens a much broader discussion on where most people traditionally “park” their money as well as how they look at risk. The guys also tackle each tier of the “Wealth Py...

Leaving a legacy is arguably one of the most important things a person can do. It’s a difficult task to accomplish that also takes a disciplined mindset and an eye for the future. In this week’s episode, the fellas take a look at the components of legacy and how it mixes not only with IBC, but also with contemporary views on wealth creation. How should you set up your family members for when you g...

With the new year officially here - it’s time to look forward to these next 12 months and see what you can do to make 2023 bigger and better for your financial future. So join the fellas this week as they outline their “7 Steps for a Better 2023”! Maybe you’re a new user, or a prospective IBC practitioner and you want to find out how you can get deeper. Perhaps you’re a vet that has years under yo...

With 2022 close to being in the rear-view mirror, it’s important to not only reflect on the past year but also to look forward to the future. In this week’s episode, the guys cover “7 Points to Consider” to help get you focused for the year to come as well as getting some of the uninitiated thinking more seriously about IBC. Dave and Paul cover each point, giving you the concepts and context to he...

With almost a year in the books and so many concepts covered, it’s easy to lose sight of the basics. In this week’s episode, the guys are going back to basics and reviewing Nash’s 5 Principles as outlined in his groundbreaking book “Becoming Your Own Banker”. Dave and Paul break down each principle, what they mean and how they are relevant in terms of managing your policy today, tomorrow and years...

“Capital attracts opportunity” - and IBC can put you in the position to take advantage of those opportunities. In today’s episode, the guys discuss more of the banking and private lending aspect of IBC. Dave and Paul also share some client experiences with red flags, some more on the mindset you need coming in, legacy and the flexibility IBC gives you. Episode Outline: (0:00) - Introduction (2:58)...

Getting your policy in place is one thing, but how you utilize it is the key. In this week’s episode, Dave and Paul explore some of the opportunities that IBC gives you. While some benefits remain “unseen”, the ways in which you can structure and use your policy are very much known.  The guys go through their own philosophies on using cash value, how they approach wealth building and the ways...

Getting your policy in place is half the battle with IBC, the other half is managing it properly and avoiding rookie mistakes. In this episode, the guys take you through their list of “mistakes to avoid” for IBC. These tips are relevant for newcomers and veterans alike and range from your wealth building philosophy to simple management and policy funding. Tune in to make sure you’re avoiding these...

IBC can help you become your own banker - but what does it do for your business? In today’s episode, Dave and Paul look at IBC through the lens of the business owner. There are unique benefits to IBC and a few different ways that a business owner can take advantage. The guys take a closer look at some of those strategies, as well as their take on owning a policy through a business, the drawbacks a...

With the Fed raising interest rates for a sixth time, some people are beginning to feel some turbulence as the cost of borrowing continues to climb. Which leads us to today’s question and central topic: what does another interest rate hike mean for your policy? Can you do anything to minimize the impact? Should you even care about it in the first place? The guys break down all the info you need to...

Each and every one of us has something that just.. gets under our skin. Dave and Paul are no different - especially when it comes to IBC. In today’s episode, the guys discuss what “grinds their gears”. They cover clients, how policies are set up and misconceptions about IBC. Additionally, they address the hate IBC gets and pretenders that push bad information to get you to sign..  Tune in to...

When it comes to your money, you need to make sure you’re making the right decisions and getting the right information. This week, the guys take a look at IBC practitioners behaving badly. From leading with an illustration to remixing Nelson’s concept, Dave and Paul take you through an exhaustive list of red flags in this episode. With this list, you’ll be able to sort through the pretenders next...

IBC can work for everybody - but it’s really great for real estate investors. In this week’s episode, Dave and Paul take a look at IBC in the context of real estate investing. The guys discuss all the problems it can solve, as well as the benefits it can bring! Tune in to see how you can up your real estate game, get unrivaled liquidity, access to capital and much more! Main Episode Outline: (2:09...

Welcome to episode 36 of Wealth Warehouse! It can be hard enough to plan for yourself when it comes to making financial decisions. When you add in your spouse, especially for a less-known route like IBC, things can get even more complicated. This week, the guys tackle the IBC decision from the POV of a couple. Should you sacrifice the relationship harmony to push IBC? Are there ways that non-belie...

Welcome to episode 35 of Wealth Warehouse! Most people accept that you need to get a 401k when it comes to planning for retirement. It’s what your co-workers do, maybe even some friends and family have one. And most importantly, it’s in line with what your financial advisor suggested. But is it the best place for your money? It should be no secret at this point that Dave and Paul often diverge fro...

Join David Befort and Paul Fugere on Episode 34 of the Wealth Warehouse! When it comes to IBC, research is just as important as designing your policy properly. You need to “get” IBC as a concept and understand not only how it works, but why you’re doing it. Your goals need to align with what the Infinite Banking Concept provides. In this week’s episode, the guys address a question from a fan that...

Join David Befort and Paul Fugere on Episode 33 of the Wealth Warehouse! For this week’s episode, the guys grabbed some general questions that they received from clients and listeners alike about IBC, how it works and how you should manage policy. They cover basics like “what is cash value?” and “when should I add another policy?” to more advanced topics such as the drawbacks of a 10/90 policy. Ep...

Join David Befort and Paul Fugere on Episode 32 of the Wealth Warehouse! So you’ve diligently followed Dave and Paul’s advice, you’ve made all the right decisions about your policy, you’ve done everything the right way - but once you retire and lose your income, how do you keep going? How can you continue to fund your premiums? This week’s episode revisits retirement: the misconceptions most peopl...

Join David Befort and Paul Fugere on Episode 31 of the Wealth Warehouse! In life, you want to be able to say “yes” to opportunities - especially opportunities that can help you grow your money. IBC helps you do that, but that doesn’t mean your work is done yet. In this episode Dave and Paul respond to a listener's question, “what does being well capitalized mean?”.  Drawing from a decade plus...

Join David Befort and Paul Fugere on Episode 30 of the Wealth Warehouse! This week, the guys react to the student loan forgiveness plan that was recently announced by President Biden. Was this a good idea? Does it address the root cause of the problem? With so much discussion and emotionally-charged debate swirling around this recent development - it can be hard to decipher where to stand on the i...

Join David Befort and Paul Fugere on Episode 29 of the Wealth Warehouse! In this week’s episode, the guys respond to a listener's question about universal life insurance vs. whole life insurance for IBC. Does IBC need to use whole life insurance? Is it the best fit for IBC? Paul and Dave cover the pros and cons of universal vs. whole life, how it matches up with your goals and most importantly, ho...

Join David Befort and Paul Fugere on Episode 28 of the Wealth Warehouse! The common perception around retirement is that “having less is just the way it is”. Or at least that’s what most of the financial advisors would tell you. But is that how it has to be? Working your whole life to end up with “less”? In this episode, the guys revisit retirement and address how to set yourself up to be more sec...

Join David Befort and Paul Fugere on Episode 27 of the Wealth Warehouse! Have you ever noticed that all of the big financial gurus always talk about where to invest your money, rather than where to save it? In today’s episode, David and Paul are talking about savings - but not just any old inflation discussion. They cover where to park your money and even what you need to know when you take it out...