Episode 62: Interest Rates, Uninterrupted Compounding and Delayed Gratification

With recent economic turmoil, it can be easy to be wary of new ways of building wealth - and in this era of influencers, you want to make sure you’re getting the right information.

In this week’s episode, Dave and Paul are sharing some discussions that they’ve had with clients and prospects alike about topics within IBC. 

They’ll discuss common questions around IBC “making sense” in a high-interest rate environment, constant compounding, policy loans and more. Most importantly, they’ll let you know how valid these questions and concerns are.

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

DON’T FORGET - Join us on April 20th at 7pm Central Time for another Live Q&A with Paul and Dave!

Register here:

https://us06web.zoom.us/meeting/register/tZIode2vrzwvHt0U9GTnIXxiJNnE4GpQmOMz

Episode Highlights:

0:00 - Introduction

0:31 - Episode beginning

2:18 - Webinar reminder!

2:37 - IBC “making sense” in a high-interest rate environment

7:14 - Don’t look at it through the wrong lens

11:46 - Constant compounding

17:58 - A note on policy loans

21:25 - Nelson’s car comparison

28:10 - What happens when you make a payment back to the insurance company?

31:31 - Delayed gratification

35:41 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website: 

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]