All Forum Posts by: Patrick Davenport

@Mekdim Ayele whole life insurance policies designed by James Neathery or Ryan Griggs. Two honest guys/agents. A simple search on you tube will let you research them a little bit/well a lot. Buy the book Becoming your Own Banker by R Nelson Nash while you’re at it . These policies are the BEST place to store your capital

@Joe Splitrock #1 whole life insurance isn't an investment.  It's a place to warehouse your capital for any future investments you may want to capitalize on.  It's not either or, but you can do both.  When you talk about the amount of time to recover an investment how long does it take to recoup a 20K down payment on a rental that rents for $1000 a month?  Just so you know I have 4 policies in place and within 30 days I have access to approximately 80% of that money, tax free access while my capital continues to grow uninterrupted compounding.  Do you know of any other place that can happen while receiving dividends on a yearly basis?  Not to mention my kids will be left with a small fortune.  It's funny that people look at this as an investment when it's a mutual company and I have a contractual obligation to that money. It's also asset protected and pretty much safe from any lawsuits because it's a private contract. If you'll give it an honest assessment I truly believe you'll have a different opinion of it.  THE place to start is Becoming Your Own Banker by R Nelson Nash and Warehouse of Wealth.  Then tune in to Banking with life podcast by James Neathery and Ryan Griggs

@Mike S.  IUL illustrates great but over time it will eat itself or self destruct.  Just give it time and then tell me what it looks like in 12-15 years.  Your costs will become astronomical.  Your best bet is to stick with whole life insurance set up properly

@Andrew Kougl and will control the banking function in your life.  Where do they put that on a spread sheet?  People look at it as an investment and that's absolutely NOT what it is.  Your money has to reside somewhere and there is NO BETTER PLACE to

initially store your money.  PERIOD.. It's not an either or, you can do both while your cash value continues to grow EVERYDAY, even on Saturday and Sunday while the stock market is closed.

@Tony Kim do NOT get an IUL!  It will internally explode and your cost of the plan will increase more than you could imagine.  Honestly the best way to investigate the concept is Becoming Your Own Banker by R Nelson Nash.  It only costs like $21 bucks and tune in to the Banking With Life podcast with James Neathery and Ryan Griggs.  These two guys are top notch people. They clearly cover the problems with people like the "white coat investor" specifically and why he's wrong in so many ways.  I promise you it's worth looking into.  Just make sure you have a competent and HONEST agent who will steer you down the right path.

@Joe Splitrock probably what qualifies me is I actually practice the Infinite Banking Concept so I have actual experience and that is better than an opinion any day.  I have many investors who will back exactly what I say.  

@Tony Kim

Actually several of his "facts" were pulled from his behind.  He absolutely has no idea of the mechanics of a whole life policy that is properly designed.  Now that's a fact Jack

@Joe Splitrock🤣🤣🤣 your perception is obviously based on others misconception. $100 says you haven’t read Becoming your Own Banker by R Nelson Nash and you fail to understand the process. Ask banks what their predominant asset is as far as life insurance goes. BOLI-

@Alecia Loveless the white coat investor is a moron when it comes to whole life. Isn’t he a doctor? If he’s a doctor how does he know how a whole life policy works? The white coat investor was wrong on so many of his points it’s a shame. He should stick with what he knows

@Chris Szepessy you’re looking at it from the wrong perspective. You’re simply raising capital from which you can access and control the banking function in your life. This is simply a place to park your money. I’d suggest listening to James Neathery & Ryan Griggs Banking with Life podcast on you tube & make sure to get the book Becoming your Own Banker by R Nelson Nash. I believe you’ll be surprised just what you can do with these policies