Thank you! I believe in passing on the knowledge. If don't pass it on, it will simply die with us! Now your challenge is to compound on my knowledge for yourself and then give it away to as many people as you can! Thank you for watching!
Doug Andrew - 3 Dimensional Wealth well I most definitely will. By the way my second mentor and my fearless lead is Matt Supaula. Thank you for doing that interview!
Awesome information. I’m considering putting 100k in an IUL to then borrow from myself to purchase multi family. I will definitely get your book. Thank you for this information
OH! of course! so in essence: The original life insurance policy had a base plate of prefabulated amulite, surmounted by a malleable logarithmic casing in such a way that the two main spurving bearings were in a direct line with the panametric fan. The latter consisted simply of six hydrocoptic marzlevanes, so fitted to the ambifacient lunar waneshaft that side fumbling was effectively prevented. The main winding was of the normal lotus-o-deltoid type placed in panendermic semi-boloid slots in the stator, every seventh conductor being connected by a nonreversible tremmie pipe to the differential girdlespring on the "up" end of the grammeters.
Thank you making money was tough, but keeping it is what matters. I was confused on what to do next and this resolved the question that’s been bothering me for years.
Why shouldn`t I go for a a VUL, which I can also invest in stocks, has lower fees. Or why not just get the loan from my brokerage with my securities as collateral? The fees are significantly lower and interest rates on the loans are similar, and in some cases, lower with the broker.
I found you over the weekend and have been watching some of your videos. I ordered the book and am waiting for it to arrive. But, I have four questions: 1. If I am indexing and take out a loan, what happens if the index return is less than the ignored fixed return? I understand that if the index is negative, it is zero, but let's say the fixed is 5% but the index only returns 3%, how does that work? Is there an example explained in the book or in a video?; 2. During the 4 yr +1 day buildup period, are you allowed to "use" the funds you have already put into the policy? Can that money be used tax-free? Do I have to wait the full 4day + 1 day period?; 3. You talk about "clients" in your videos. A client of what company? Do you have a company that manages clients who want to use the LASER FUND system?; 4. Is the interest simple or compounded by a period (day, month, quarter)? Thank you!
What happens if that year the insurance doesn’t return any interest and he’s capped to zero? Then would that screw someone who loaned? Can that loan snowball and compound as well that it can eat out the Cash Value within the policy?
The loan interest isn't actually paid until later. Here are some more videos on the loans: th-cam.com/video/hGL3jihGgXQ/w-d-xo.html th-cam.com/video/Ciqvx1oP9r4/w-d-xo.html th-cam.com/video/fPRM1JXgCuM/w-d-xo.html
It's more important that the policy is structured correctly, than which carrier you use. You'll want to work with someone who knows how to do that. If you need to speak to someone who understands these concepts, you can schedule a time to speak to an IUL Specialist we work with here: www.3dimensionalwealth.com/getstarted
You can right away when they are structured correctly, however, I would generally advise to not access till year 2 as that is generally when the alternative/index/spread loans become available.
@@missedfortune Hi Mr. Doug, thank you for your reply. After watching one of your tubes videos how to borrow your own life insurance money to buy a property I went and call my life insurance because I was trying to find a way to get a down payment for my first investment property. And, I keep getting denied. Now it makes sense why my IUL provider keep saying I don’t qualify for the loan. Because, I got my insurance in 2019, it’s going to be 2 years this coming October, 2021 but they never explain the why. I appreciate the information. Thank you 🙏🏾 Sol
@@missedfortune Hi. So, I went over my IUL and noticed it’s been 3 years since I got my insurance. I was wondering what form is the appropriate to use to borrow money from my IUL? Thank you 🙏🏾
I recommend watching this playlist. th-cam.com/play/PLF8af6gsBLfluNIRv7jllRl43tfIUGlmQ.html I personally stopped selling and setting up these policies for families and individuals back in 2005 to become a full time author and speaker. If you need help finding an IUL specialist to talk to, I would be happy to introduce you to one. You can request an introduction here: 3dimensionalwealth.com/getstarted/ You can also attend a free webinar here: 3dimensionalwealth.com/events/
Whoa whoa whoa! If you take a 100k loan out from your life insurance and invest it in a business or stocks and make another 100k. Why wouldn't you be taxed on your 100k profit?
![⭐️( ลอยกระทง 2024 ) Ver. แดนซ์ Remix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/rMWOLhgXUHc/mqdefault.jpg)
As an Agent You Sir are my Number #1 Mentor. The knowledge that you are passing down has blessed me, my family and my clients. Thank you!
Thank you! I believe in passing on the knowledge. If don't pass it on, it will simply die with us! Now your challenge is to compound on my knowledge for yourself and then give it away to as many people as you can! Thank you for watching!
Doug Andrew - 3 Dimensional Wealth well I most definitely will. By the way my second mentor and my fearless lead is Matt Supaula. Thank you for doing that interview!
Awesome information. I’m considering putting 100k in an IUL to then borrow from myself to purchase multi family. I will definitely get your book. Thank you for this information
Thanks for the lecture on IUL (Index Universal Life) Insurance. It is worth doing. I love that.
OH! of course! so in essence: The original life insurance policy had a base plate of prefabulated amulite, surmounted by a malleable logarithmic casing in such a way that the two main spurving bearings were in a direct line with the panametric fan. The latter consisted simply of six hydrocoptic marzlevanes, so fitted to the ambifacient lunar waneshaft that side fumbling was effectively prevented. The main winding was of the normal lotus-o-deltoid type placed in panendermic semi-boloid slots in the stator, every seventh conductor being connected by a nonreversible tremmie pipe to the differential girdlespring on the "up" end of the grammeters.
Before you run to borrow any money from anywhere you're supposed to know that you going to multiply that money otherwise don't don't borrow any money
Thank you making money was tough, but keeping it is what matters. I was confused on what to do next and this resolved the question that’s been bothering me for years.
I used to do this when I was a Federal worker with my 401K @ 1.5%. I bought a car and went on a two week vacation to Belize!
Why shouldn`t I go for a a VUL, which I can also invest in stocks, has lower fees. Or why not just get the loan from my brokerage with my securities as collateral?
The fees are significantly lower and interest rates on the loans are similar, and in some cases, lower with the broker.
I found you over the weekend and have been watching some of your videos. I ordered the book and am waiting for it to arrive. But, I have four questions: 1. If I am indexing and take out a loan, what happens if the index return is less than the ignored fixed return? I understand that if the index is negative, it is zero, but let's say the fixed is 5% but the index only returns 3%, how does that work? Is there an example explained in the book or in a video?; 2. During the 4 yr +1 day buildup period, are you allowed to "use" the funds you have already put into the policy? Can that money be used tax-free? Do I have to wait the full 4day + 1 day period?; 3. You talk about "clients" in your videos. A client of what company? Do you have a company that manages clients who want to use the LASER FUND system?; 4. Is the interest simple or compounded by a period (day, month, quarter)? Thank you!
Great questions. Did they provide an answer for you?
No. I've moved on.
Love it , and the book is incredible. Thanks Doug 👍
Very welcome
so HOW do you pay that loan back if you never sell?
Woooow…!!! Thank you so much sharing this 🇨🇦💰🥰
Great video! So what if he is charged 5% on the loan and the next year he earns 0? Does that mean he’s in a -5%?
Wish I knew this when I was younger!
What happens if that year the insurance doesn’t return any interest and he’s capped to zero? Then would that screw someone who loaned? Can that loan snowball and compound as well that it can eat out the Cash Value within the policy?
I'm assuming you always have to repay the loan?
Why wouldn’t one use a pledged asset
loan instead?
So do you always have to use the loan as an investment? So you could never borrow $50k to buy a car because it's not an investment?
I have a two million dollar IUL and I want to borrow 500,000 using my policy as collateral. Do I need a large cash value to do this?
The principal gaining 10% is great, but how would you pay the 5% loan interest that is charged, if you don't withdraw from the principal?
The loan interest isn't actually paid until later. Here are some more videos on the loans:
th-cam.com/video/hGL3jihGgXQ/w-d-xo.html
th-cam.com/video/Ciqvx1oP9r4/w-d-xo.html
th-cam.com/video/fPRM1JXgCuM/w-d-xo.html
@@missedfortune will look
I love learning something new thank you for this video 😊
Glad it helped!
So can you only borrow from the interest earned or can you borrow your principal too?
You can borrow against both, principal and interest earned!
Some great stuff! Love it.
Glad you enjoy it!
So your talking about borrowing from life insurance...not your bank
Which IUL company do you recommend?
It's more important that the policy is structured correctly, than which carrier you use. You'll want to work with someone who knows how to do that. If you need to speak to someone who understands these concepts, you can schedule a time to speak to an IUL Specialist we work with here: www.3dimensionalwealth.com/getstarted
Thank you Doug!
Hi. After getting an IUL insurance how long do you have to wait to borrow money from the policy?
You can right away when they are structured correctly, however, I would generally advise to not access till year 2 as that is generally when the alternative/index/spread loans become available.
@@missedfortune Hi Mr. Doug, thank you for your reply. After watching one of your tubes videos how to borrow your own life insurance money to buy a property I went and call my life insurance because I was trying to find a way to get a down payment for my first investment property. And, I keep getting denied. Now it makes sense why my IUL provider keep saying I don’t qualify for the loan. Because, I got my insurance in 2019, it’s going to be 2 years this coming October, 2021 but they never explain the why. I appreciate the information. Thank you 🙏🏾 Sol
@@missedfortune Hi. So, I went over my IUL and noticed it’s been 3 years since I got my insurance. I was wondering what form is the appropriate to use to borrow money from my IUL? Thank you 🙏🏾
this blew me away
Great information brother
Thanks and welcome
Great info. I was about to withdraw money from my iul. Good thing i saw this video and might consider borrowing money
Glad it was helpful!
I can’t get a free book in Canada
Ok, and now the same for smart European people, please. I need the translation of IUL etc. Thanks.
Wow!
So where do you find these iul's
I recommend watching this playlist. th-cam.com/play/PLF8af6gsBLfluNIRv7jllRl43tfIUGlmQ.html
I personally stopped selling and setting up these policies for families and individuals back in 2005 to become a full time author and speaker. If you need help finding an IUL specialist to talk to, I would be happy to introduce you to one. You can request an introduction here: 3dimensionalwealth.com/getstarted/
You can also attend a free webinar here: 3dimensionalwealth.com/events/
🤯
I’m still on Step One: have $1,000,000.
900th
The borrower is the servant to the lender , I wouldn't barrrow 10 bucks if there wasn't a way to terminate it from my end one way or another .
That is why liquidity is so important. You always want to be in control. Meaning, you always have the money liquid where you can pay it off anytime.
Whoa whoa whoa! If you take a 100k loan out from your life insurance and invest it in a business or stocks and make another 100k. Why wouldn't you be taxed on your 100k profit?
You wouldn't be taxed on any of the growth in the IUL. You would be taxed on the growth you got outside of the IUL.