Infinite Banking, Is it cut out to what it is said to be?
Does anyone have serious experience with using the Infinite Banking Concept or Bank on yourself concept to invest in real estate? The only people I talk to that love it are trying to sell me policies.
I am having difficulty seeing the benefit of Infinite Banking from a policy loan standpoint, which is my biggest selling point. Salespeople talk a lot about the VELOCITY OF MY MONEY In the policy...
If my policy is receiving dividends at 4% and I am getting a loan at 5% to buy a real estate asset that kicks out 10% return... that is called negative leverage. There is no other way to put it.
If I just saved that money and put it right into real estate than I could do better, instead of using this capital vehicle
I've heard that this is a 100% return on my money from people in the prosperity economics movement, 5% to 10%(100%), which is false, because it is still a loan?
What am I not seeing?