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329: Josh Bought IULs for Infinite Banking, Here’s What Happened
The short answer is no.
The longer answer requires understanding why, because the question is being asked more than ever, and the misinformation circulating on social media around this topic is causing real financial harm to real people.
Right now, social media is full of content promoting Indexed Universal Life insurance as “infinite banking 2.0,” an upgraded, modern version of the concept that Nelson Nash created. It is not. And the man who created IBC said so directly, in writing, on page 39 of Becoming Your Own Banker.
“I never sold one when I was in the business, and I surely wouldn’t…
The skinny
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