Download Ebook , by R. Nelson Nash
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, by R. Nelson Nash
Download Ebook , by R. Nelson Nash
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Product details
File Size: 5468 KB
Print Length: 191 pages
Publisher: Infinite Banking Concepts; 6 edition (May 3, 2012)
Publication Date: May 3, 2012
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B0080K8EL4
Text-to-Speech:
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Amazon Best Sellers Rank:
#32,120 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
As a financial planner and now working for a mutual insurance company this is a unique concept that can be built into most clients portfolios. Although this book was supposedly written for the general public and not insurance agents, the concepts would probably be above the head of a layman.I believe this concept can work if an investor is disciplined (not always a trait in today's ADD world), but can work (math is math). The most important thing is committing to the strategy and making sure that people follow the guidelines. If you steal from your own bank or store (read the book and you will understand) this WILL NOT WORK.
Very well written and inspiring. My one complaint is that the methodology in the book is commonly pitted against basic retirement strategies such as Roth Ira, 401k, certain annuity investments. As someone starting out trying to choose an appropriate financial strategy with no prior knowledge, I would have liked to have seen a chapter that compares the whole life insurance strategy versus these common retirement strategies. Perhaps it was addressed, but as a newbie I don't feel as though it was.
Would have given a five if Nash would have stuck with the math and the very sound principles of his concepts. His methods of delivery were a source of great angst ... the concept of being your own banker is excellent but it got muddled by his sanctimonious pontificating and scripture quotes. Not that I actually completely disagreed with it - but the style of delivery and old grandpa approach was a true turn off.Despite his horrendous writing style - this is still one of the best books on the topic - the math does not lie and his passion in the end works it's magic.
The concepts behind infinite banking are simple. The math is sometimes daunting. But if you're convinced (and I was 4 years ago) you'll enjoy this update.If you've never heard of infinite banking, and you want a way to take control of your financial life, check it out. It's the real deal.
Thank you, Mr. Nash. Reading this book crystallized what God has put on my heart, and the knowledge and education I have received in the area of accounting, finance, creating wealth, and most importantly, stewardship.We, people, have abdicated our rights and responsibilities as sovereign creations of God, and as believers in the Lord Jesus Christ, sons of God. What you have presented is a way to reclaim that right and responsibility for myself, my family, and for generations to come.I look forward to attending your institute and helping other people implement this strategy in their lives.Good bless you!Thank you.C. Faulk
The book changed the way I think about life insurance. I am a agent of a major mutual and have been able to easily illustrate these concepts even in this low interest and decreasing dividend environment. Nash does go off on tangents, often sharing quality information and opinions but it's not very relevant when learning this concept. I think the book and flow could be cleaned up as I don't know that the average person could follow along in certain areas. Overall I'd recommend the book and his suggested reading list at the end is gold.
This book is a “must read†for anyone who uses money to purchase cars, homes, vacations. I just wish I would have come across this book 20 years ago. After reading this book you will understand how to create your own banking system that you can use to fund your purchases and expenses in life to help fund your passive income at retirement age and leave a significant death benefit to pass on to your children. Read this book and free yourself from the bondage of the world financial system today!
There's nothing wrong with the content of the book itself, but it hasn't been formatted for Kindle. As such, the charts illustrating the concept were useless.
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