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re: Whole Life, Infinite Banking (IBC), Cash Flow

Posted on 6/10/18 at 4:06 pm to
Posted by Volvagia
Fort Worth
Member since Mar 2006
51958 posts
Posted on 6/10/18 at 4:06 pm to
quote:


Yes, I’m absolutely looking for leverage. This is not an investment vehicle for me. I don’t give a hoot about the difference of 5% muni or 7% mutual fund. I want the ability get credit without question and payback without question, all while leaving the underlying compounding premium untouched.


So why not invest it and secure a portfolio line of credit or a margin loan against it?
Posted by IglooTiger
Member since May 2018
33 posts
Posted on 6/11/18 at 7:55 pm to
quote:

So why not invest it and secure a portfolio line of credit or a margin loan against it?
Well, that is what I typically do - however, the scrutiny and time taken to get the cash can take forever... and payback is on their terms.

What I'm being told is that with this I can request a check and have it the next day no questions asked. And I can payback when I want without answering to a banker or risk renegotiation or even default as a result of non-payment.
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