My brother and I bought our homes, next door to one another, the same month. I paid my 30 year mortgage off in 17 years, he is in year 26, still paying. ANYONE WHO TELLS YOU NOT TO PAY ADDITIONAL PRINCIPAL WHEN YOU CAN.....IS AN INTREST COLLECTING BANKER!
Question? Try to be honest. Did you watch this entire presentation before commenting? I would strongly recommend you listen very carefully to this entire presentation, especially at the time stamp of 15:40. You also need to understand the difference between simple interest and compounding interest.
If you'd like to see if this strategy makes sense for your particular set of circumstances, you can setup a time to speak to an IUL Specialist the we work with here: 3dimensionalwealth.com/getstarted
Great content as usual, I loved this as I am about to invest in uk property with 70k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my fourth investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment.
Interesting video but can you please make it so we can view the whole slides? The camera person cut them out of viewing range. The information is good. I understand the information because I study financial videos, financial markets and news regularly. Thank you for the video. I just subscribed 👍🏼
When you put more down on the principal per month you lower the amount of interest being paid on the loan so in essence you are making $$$ when you pre pay the loan.
Im really trying to understand, but I just don't understand all the terms . Liquidity, leverage discretionary, ect. I feel stupid to even say that.. it's all new
Good work Doug. Have been benefitting from the “leverage” between our mortgages (plural) deductions and the almost instant access to our own funds thru the LifeIns (plurals) which is why I just ordered some of your books to our children - this way it’s not us parents “going on again” about financial advice :)
This is just silly. Banks pay you interest because they want to borrow your money and charge even more interest. Paying extra payments saves money in compounded interest
Banks don't lend out your deposits, they buy government t-bills with them... If you borrow money from the bank, they create brand new money for you... That's how new money gets printed, and when you repay that loan that money gets destroyed...
When insurance companies invest the money that is paid to them, assuming they earn an average of 7 percentage points on their General Account Portfolio in a year, the insurance company may retain 1 of those percentage points to cover their overhead costs, the actual cost of insurance claims that are paid out and any remainder is profit. The net 6% is credited to the policy owner of insurance or in the case of index universal life, that net interest can be used by the insurance company to buy upside options in the index the policyholder chose that period which enables the insurance company you pay the policy holder 8%, 12%, 25% or more depending on the index caps or thresholds.
Hey there, an IUL Professional we work with can explain the process. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
There is a program for non-US residents, but we would have to see if you qualify. If you would like to speak to a specialist about that, please schedule a free consultation here: 3dimensionalwealth.com/getstarted/
Great Question! Most mortgages are a simple interest, decling balance (amortized) as opposed to most earning strategies that earn compound growth and interest.
Hey there, an IUL Professional we work with can explain the process. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
@dania5223 he will need a family member and a specific purpose for why he is owning insurance on an individual that is not himself. Generally, people within his household are the best candidates. If you'd like some guidance on that, you can speak to and IUL Specialist we work with here: 3dimensionalwealth.com/getstarted
There is a program for non-US residents, but we would have to see if you qualify. If you would like to speak to a specialist about that, please schedule a free consultation here: 3dimensionalwealth.com/getstarted/
When structured correctly, funded properly and diversified/rebalanced annually, the average annual returns have been 9.62% since 1980 and 11.17% (netting 10.07%) since 1997 (when indexing was introduced).
I’m so sorry. Most people thank me for the clarity. At the end of the video, I tell you how you can learn more- by studying the 300-page LASER Fund book. But please be prepared to “put some skin in the game” as it’s going to require a tremendous effort on your part to become educated. . .but it will be worth it.
Congratulations! Perhaps you missed my point. If you had internalized what I explained in the video, you could have paid off your house 15 years early-two years sooner than you did.
@@missedfortune you have 0 information on which to make that claim. Don't whine because someone disagrees with you, it just shows what kind of man you are...a weak one.
My brother and I bought our homes, next door to one another, the same month.
I paid my 30 year mortgage off in 17 years, he is in year 26, still paying.
ANYONE WHO TELLS YOU NOT TO PAY ADDITIONAL PRINCIPAL WHEN YOU CAN.....IS AN INTREST COLLECTING BANKER!
Question? Try to be honest. Did you watch this entire presentation before commenting? I would strongly recommend you listen very carefully to this entire presentation, especially at the time stamp of 15:40. You also need to understand the difference between simple interest and compounding interest.
If you'd like to see if this strategy makes sense for your particular set of circumstances, you can setup a time to speak to an IUL Specialist the we work with here: 3dimensionalwealth.com/getstarted
You lost me when SALT is capped at 10K and my land/school taxes are more than that. Paying interest is not helping me.
Great content as usual, I loved this as I am about to invest in uk property with 70k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my fourth investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment.
Where do you invest in this Laser fund?
You can setup a time to speak directly to an IUL Professional here: www.3dimensionalwealth.com/getstarted
Interesting video but can you please make it so we can view the whole slides? The camera person cut them out of viewing range. The information is good. I understand the information because I study financial videos, financial markets and news regularly. Thank you for the video. I just subscribed 👍🏼
Thanks for subscribing!
Want to learn more? Then get a free copy of my book!
Go to: www.laserfund.com
When you put more down on the principal per month you lower the amount of interest being paid on the loan so in essence you are making $$$ when you pre pay the loan.
Pay that mortgage off if you can
Im really trying to understand, but I just don't understand all the terms . Liquidity, leverage discretionary, ect. I feel stupid to even say that.. it's all new
I am also learning. I do know that liquidity is used to describe an asset that is free and available for use.
@@AS-qy1zl thank you! That helps
❤ What I want to know is tell me about that back cushion on that chair😊 yes your content is very interesting as well and educational
I agree. This is ridiculous.
Good work Doug. Have been benefitting from the “leverage” between our mortgages (plural) deductions and the almost instant access to our own funds thru the LifeIns (plurals) which is why I just ordered some of your books to our children - this way it’s not us parents “going on again” about financial advice :)
This is just silly. Banks pay you interest because they want to borrow your money and charge even more interest. Paying extra payments saves money in compounded interest
Loans are simple interest not compound interest.
@@rcs2749 You’re right. I meant the interest rate yrly.
You don’t understand what compound interest is if you think your mortgage is compounding interest.
Banks don't lend out your deposits, they buy government t-bills with them... If you borrow money from the bank, they create brand new money for you... That's how new money gets printed, and when you repay that loan that money gets destroyed...
Banks pay interest and lend to be profitable. How does the insurance company make money?
When insurance companies invest the money that is paid to them, assuming they earn an average of 7 percentage points on their General Account Portfolio in a year, the insurance company may retain 1 of those percentage points to cover their overhead costs, the actual cost of insurance claims that are paid out and any remainder is profit. The net 6% is credited to the policy owner of insurance or in the case of index universal life, that net interest can be used by the insurance company to buy upside options in the index the policyholder chose that period which enables the insurance company you pay the policy holder 8%, 12%, 25% or more depending on the index caps or thresholds.
If the principle is reduced the interest disappears and thus the house is paid off sooner doesn't seem complicated
What is the catch? How does LASER fund makes its money?
Hey there, an IUL Professional we work with can explain the process. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
Yes how about people non resident usa am from Dubaï how Can i qualify m'y self
There is a program for non-US residents, but we would have to see if you qualify. If you would like to speak to a specialist about that, please schedule a free consultation here:
3dimensionalwealth.com/getstarted/
Are you saying mortgage loan is simple interest?
Great Question! Most mortgages are a simple interest, decling balance (amortized) as opposed to most earning strategies that earn compound growth and interest.
The primary residence tax exclusion- $250K single, $500K married ; is always left out of comparisons.
Yes, when you sell a primary residence, you have a $250,000 capital gain exclusion if you are single and $500,000 if married.
Thank you for this video!❤
You're welcome!
man I hardly understand my whole life ins for infinite banking - this IUL is complex -
Hey there, an IUL Professional we work with can explain the process. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
My cousin was rejected due to bad health. How do you get around that?
Your cousin could be the owner of an IUL on a surrogate insured, such as a spouse or other family member.
@@missedfortune Thanks for the response. Any referral? Where can he find something like that?
@dania5223 he will need a family member and a specific purpose for why he is owning insurance on an individual that is not himself. Generally, people within his household are the best candidates.
If you'd like some guidance on that, you can speak to and IUL Specialist we work with here: 3dimensionalwealth.com/getstarted
Everything looks good In an ideal world
Yup. There are plenty of variables that are being ignored.
Hi Doug, can the strategies also apply if you live in Australia?
There is a program for non-US residents, but we would have to see if you qualify. If you would like to speak to a specialist about that, please schedule a free consultation here:
3dimensionalwealth.com/getstarted/
I think this guy is selling insurance without saying insurance.
Sounds like he's talking about ibc
He's trying to sell you life insurance
Take all you make that you dont need to live and pay your debt step 1 dont make any mpre debt afterwards step 2
Ok . Laser fund , what the return on , this laser fund 😅
When structured correctly, funded properly and diversified/rebalanced annually, the average annual returns have been 9.62% since 1980 and 11.17% (netting 10.07%) since 1997 (when indexing was introduced).
This guy is The Flim-Flam Man. HAHAHAHAHA.🥳🥳🥳 He just wants to sell you B.S. Stuff.
Infinity banking
🔥🔥🔥
You do NOT explain clearly, except to frustrate me! Why don't you tell me how to do it, instead of beating around the bush?
Lol😂 It's pritty clear
I’m so sorry. Most people thank me for the clarity. At the end of the video, I tell you how you can learn more- by studying the 300-page LASER Fund book. But please be prepared to “put some skin in the game” as it’s going to require a tremendous effort on your part to become educated. . .but it will be worth it.
Get to the point
Blah blah blah. I paid the principal and mortgage 13 years early. I now own my house.
Congratulations! Perhaps you missed my point. If you had internalized what I explained in the video, you could have paid off your house 15 years early-two years sooner than you did.
@@missedfortune you have 0 information on which to make that claim. Don't whine because someone disagrees with you, it just shows what kind of man you are...a weak one.
you’re too confusing
Heeeeeellllllppppp
STUDPIDITY !
One last time ....STUDPIDITY ! STUD PIDITY
STUDPIDITY !
STUDPIDITY !
😂😂😂😂