This podcast episode features Colton McGriff and his father, Joel McGriff, discussing investments, economies, and how the Infinite Banking Concept (IBC) affects their monetary decisions. The duo uses their experience in discussing real-estate investments, specifically during and after the 2007-2008 financial crash.
Highlights:
- How investment strategies have changed over time
- The impact of timing on investment decisions
- The difficulty in predicting when the best time to sell or buy is
- Danger of blindly believing advice from realtors or other figures who would likely advocate for their own interests
- The concept of 'guaranteeing a future event'
- How knowing about IBC (Infinite Banking Concept) would have affected Joel's decision on a 15-year mortgage and a 20% down payment on a real estate property
- The concept of storing up capital for future financial opportunities
- A shift in perspective from viewing life insurance as an investment to a place for storing money
Resources and Links:
Call To Action:
FREE eBook: Why Life Settlements Make Sense
Schedule a Free Consultation by clicking here
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