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

Leverage and Private Lending for Security

2 Aug 2024 · 1 min

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A short conversational interview between Richard Canfield and another speaker exploring leverage, risk management, and secured investments. They discuss using other people's money (OPM) — specifically insurance company policy loans — to leverage capital, learning from failure by building a "container" (foundation) for future investments, and the speaker's discovery of private lending as a more secure investment strategy.

Chapters

The power of leverage. Your original capital is still working and you're using opm, other people's money, in this case the insurance company, to go about considering the risks and taking the risks. From that vantage point.
The saying in our family now is like, continue when you fail. What did you learn from it? What are you going to do differently? So I knew I was going to create that container and look for an investment with what I consider a lot more security. So when I got your name, I called you immediately. I remember the restaurant that we were sitting in. What I got to do, because I'm going to take the funds that I'm going to deposit into my policy loan, creating the foundation. The third thing I ran into was, and we'll get into this a little bit more, was learning to invest my money in a secured investment. And that was when I had discovered private lending.