All Forum Posts by: Justin Bauer

Dwight Kimball, 

Did you know there are policy's that are PERMANENT WHOLE LIFE POLICYS That require a one time premium say a million dollars? It will compound there whole life. Its called a MEC. Do you know of any other thing that will compound ones whole life? 

If you are confused I THINK YOU SHOULD DO YOUR HOME WORK before you call something a scam.

I do sell whole life insurance for the record but have bought more than I HAVE SOLD.

What is it https://infinitebanking.org/ab...

It all depends how much time you  are willing to spend running it. This kind investment is not a passive investment its a business. We have run one for 20 years and it has been the best investment I have made.

A reminder that this Wednesday (1/6 9:30am) we have our meeting featuring:
Scott L Miller: The State of the Commercial Real Estate Market
Paul Poncin and Nate Neil: Lending update
Mark Gleason CPA: Tax changes, PPP old and new programs 

MINNESOTA REAL ESTATE EXCHANGORS

Minnesota Real Estate Exchangors (MREE) is THE real estate and business networking organization for real estate investors, property owners, licensed real estate professionals, allied vendors, and trusted advisors.

MREE is for anyone with an interest in owning, selling or exchanging investment real estate, capital equipment, equities, notes, or business opportunities. MREE meets twice monthly for Networking, Education, Marketing and Deal Making. Creative solutions to transaction problems, a treasure load of experience and information makes MREE a unique organization you will want to join. At meetings those in attendance have the opportunity to present properties (Haves) and requests for specific opportunities (Wants) as well as doing networking with other professionals from financial, legal, real estate and related industries. You will find a wealth of knowledge to draw on from MREE members who willingly share their insights and skills gained from years of extensive deal-making experiences. If you have many years of experience or are just starting your career you should check out MREE. You can stay in touch with MREE. Get notices for meetings and events. Choose LinkedIn, Twitter or Email.

MREE promotes and encourages education about real estate ownership, taxation issues, real estate investment and wealth building. MREE was established in 1962 and is one of the oldest real estate exchange groups in the nation.

Not a MREE Member yet? Interested? Before joining interested visitors may attend once a year for free. A non-member may attend a second meeting for $30. After that they can no longer "visit" and will have to join.

For questions, you may reach the chapter administrator

1/6/2021

January 06, 20219:30 AM - 12:00 PM Add to Calendar

ZOOM CallVenue website Directions

Speaker: TBD

Its a business and not a passive investment. If you want to run a business you can turn it into a 20 cap rate.

I do not own any bit coin. I love what real estate can do for your net worth not a fan of managing property anymore and have moved most of my net worth into Whole life policy's infinite banking. Then this week I read one of Mutual company's I use is buying what BITCOIN it Makes me think.

DECEMBER 10, 2020 • OLGA KHARIF

Massachusetts Mutual Life Insurance Co. has purchased $100 million in Bitcoin for its general investment fund, the latest mainstream firm to dabble in digit assets.

The mutual insurer also acquired a $5 million minority equity stake in NYDIG, a subsidiary of Stone Ridge that provides cryptocurrency services to institutions, according to a statement. NYDIG, which already keeps more than $2.3 billion in crypto assets for clients, will provide custody services for MassMutual’s Bitcoins.

MassMutual, which has been around since 1851, is the latest company to invest in the largest cryptocurrency. MicroStrategy Inc. has expanded its investments into the coin, and Square Inc. has poured money into the world’s most popular cryptocurrency as well amid talk of growing institutional adoption and demand.

The investment in Bitcoin will represent 0.04% of the general investment account of nearly $235 billion as of Sept. 30, MassMutual said.

Bitcoin has more than doubled in price this year, and hit an all-time high earlier this month. Advocates say that Bitcoin is a kind of digital gold, likely to retain its value during times of turmoil and as a hedge against inflation despite the historical volatility of the cryptocurrency.

This article was provided by Bloomberg News.

Dwigt Kimball 

To call it a SCAM would be to say that the insurance company is hiding something from you.  The process of using the policy is well spelled out, but it is important for the owner of the policy to be educated on how to make a policy work well for them so that they can reap all the many benefits it has to offer.

1. Banking is the most important business in the world. (In fact, you need to be in two businesses—your own business and the “banking” business!)

2. What is banking? Someone or some organization has control of a pool of money that can and must flow—at a cost—to meet some need. That cost is called “interest.”

3. There is only one pool of money in the world. It is all part of the same system.

4. You finance everything you buy. You either pay interest to someone else or you give up interest you could have earned elsewhere. (There are no exceptions.)

5. When it comes to finance, the alternate use of money must be reckoned with. Some call the alternate use of money…“opportunity cost.”

6. The real problem in America is that the average American is paying out 34.5 cents of every disposable dollar on interest, fees and charges.

7. The need for finance is the greatest financial need during one’s life. (This need for finance is even greater than one’s need for life insurance protection.)

8. The whole idea of “Becoming Your Own Banker” is to recapture the interest/monies that one is paying to banks and finance companies for the major items that we need during a lifetime, such as automobiles, major appliances, education, housing, investment opportunities, and business equipment.

9. Infinite Banking says the solution to the real problem in America is to solve one’s need for finance throughout one’s life. The problem can be solved by using dividend-paying, cash-value, whole life insurance.

10. The Infinite Banking Concept is a major paradigm shift in the way one thinks about money. (IBC is a personal wealth-building strategy.

11.

The Eighth Wonder of the World Albert Einstein called it the “eighth wonder of the world.” Warren Buffett says it’s one reason he was able to amass such a huge fortune .The key to compounding is to let it work over many years you don’t interrupt it, compounding produces a fortune. Let me know if you know where you can put it and never stop the compounding? image Did you know that a properly designed life contract compounds even when you have all the cash out? Your cash has to go somewhere .Make it work as hard as you work.

Offer them cash for there keys!!

1.Becoming your own banker by Nelson Nash has changed they way I think about investing.

2. Invest in Debt by Jimmy Napier.

3.Swapping real estate for fun and profit by Paul Kelly

4.The secret life of real estate and banking by Phillip J Anderson

Share these with your parents and it could change your life!