This content was created by Jayson Lowe. This content was uploaded by Jayson Lowe. This is a YouTube video titled "How To Capitalize Your Private Banking System in Canada" created on May 20, 2023. It discusses the importance of capitalizing a private banking system over a period of seven to ten years to build financial stability.
Chapters
So it's important to capitalize your system because remember, what you're doing here is you're creating your own private bank. And what does a bank need? A banks need capital, right? And so it takes around the first seven to 10 years to really capitalize your system to the point where the amount that you have in through your premium is equal to the amount of cash value access that you have within the system. That capitalization phase is a very important period because that's where your system is building live financial steam. And so once you get past the seven to 10 years, once you get to the seven to 10 years, most people think, okay, so that's how long I should be putting my premium in. And then I should stop after that. Remember what I said earlier? It's about how long you can keep putting the premium in, not how long can you keep the premium in for.