The Infinite Banking Concept: Becoming Your Own Banker
Suze Orman is one of the most well known financial talk show hosts of our day. Her financial philosophies have been spread nationwide, teaching families how to save and invest their money. It may shock you, however, to find that Suze isn’t at all what she seems. In this podcast, Jake, Josh, and Nick expose the hidden details of Suze Orman’s personal finances and how highly contradictory they are to her financial teachings.
Video Referenced in Podcast: http://www.youtube.com/watch?v=Rq1Z8GMtsps
Download the New York Times interview here: http://www.wealthonomics.org/media/Suze-Orman-Interview-New-York-Times.pdf
If you’re like us, you like to be able to use the money you earn. There are a lot of reasons why having our money liquid and accessible is very important. Listen in as we discuss the flawed American philosophies that tie up money (401k, IRA, government plans) and why liquidity is so important.
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Most debt plans today help eliminate debt, but fail to create the added value the Infinite Banking Concept creates. The idea is not to just eliminate the debt, but to redirect those dollars back to you, ultimately eliminating the debt, but also putting the dollars back in your pocket.
Using the Stock Market Matrix from Crestmont Research Josh, Nick and Jake of Wealthonomics analyze the history of the stock market and provide a serious reality check.
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You may not think comparing gold to internet stocks makes much sense, but the trends may be more closely connected than you think. In this podcast we look back at the historical price of gold and analyze what causes the fluctuation. If you think gold is he only safe place to have money right now you need to tune into this episode.
contact us at info (at) wealthonomics.org
The average consumer today goes about saving money in completely the wrong way. The first question asked is “what vehicle gives me the greatest potential for gain?” The factors of risk, potential for loss, LUC, and safety are all secondary considerations. By taking the path of least resistance advisors continue to encourage this behavior only furthering our lack of financial literacy.
Regardless of the size of your estate, without proper planning your legacy could be significantly affected leaving your beneficiaries with massive headaches. Most people want to be remembered by their kids and grandkids for leaving a lasting legacy but without proper planning you would be amazing at how quickly money and assets can disappear.
Today we are joined by 25 year law veteran and Estate Planning Attorney Mark Wight who helps make sense of planning for the inevitable event of demise, as well as the possibility of incapacitation. All while lessening the burden on surviving family members. Whether you are worth 100 Million or 100 thousand dollars this information is vital.
Contact us at info (at) wealthonomics.org
