Apr 23, 2024
Joining Wade today is friend Curtis May where they discuss the power of whole life insurance and infinite banking strategies. Discover how whole life policies offer guaranteed benefits and find out how to leverage these strategies for personal and business success. Tune in for valuable insights on building wealth, managing risk, and maximizing financial potential!
Episode Highlights
03:36 - Their shared passion for infinite banking and the insights
they gain from attending the industry symposium Circular
Wealth.
23:38 - Curtis talks about two schools of financial thought: the
accumulation theory and the velocity method, advocating for the
latter as it emphasizes the velocity of money and the economic
value of certainty.
29:12 - Curtis outlines his investment philosophy and his
preference for investing in what is known and can be controlled,
with a focus on cash flow rather than chasing returns.
33:15 - Wade and Curtis discuss leveraging whole life insurance
policies for business purposes, highlighting how it can serve as a
volatility buffer and offer advantages like collateral
opportunities and uninterrupted compound interest.
45:46 - The conversation turns to business owners and the financial
advice that should be tailored to their unique position, separate
from advice given to W-2 employees.
52:13 - Wade and Curtis highlight the necessity of discipline,
time, and money to achieve financial success with the infinite
banking concept, and discuss the importance of becoming the person
who can utilize these tools effectively.
Episode Resources
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com
- Connect with Curtis May
- https://www.linkedin.com/in/curtismay/