Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Infinite Banking is Not an Investment ✅

9 Feb 2024 · 0 min

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0:27

A short excerpt from a YouTube video by Richard Canfield arguing that whole life / infinite banking is not properly an "investment." The speaker says these policies should be evaluated as a business (emphasizing guaranteed returns and different evaluation metrics) rather than compared to conventional investments, and criticizes describing them as "break even in seven years."

I hate it when I hear people say I can get a better investment than investing my money in a life insurance policy. It's not an investment. And I love how Nelson, first off, this quote, unquote, investment has a guaranteed rate of return. It's not something we talk about with investments. You evaluate that more as a business. You don't evaluate that as an investment. So I think we do in the industry, insurance industry, I think we do our clients a disservice when we say, oh, it's going to break even in seven years. You're basically calling it an investment. And that's not really what this is.