"Becoming Your Own Banker"® - Book Review (Part 1): Banking

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 24

  • @yourmovebro8650
    @yourmovebro8650 Рік тому +2

    This is my 1000th Time listening to this. This whole series should be added to your podcast(and any other place you post content)

    • @willfull1604
      @willfull1604 Місяць тому

      Agreed - would love to listen to it through podcast apps

  • @driver55
    @driver55 4 роки тому +2

    Incredible. This is a college course FOR FREE!! Of course while still reading the core book along with the other ones that follow, and especially buying the 10 hour online course for a complete education. But this is all really more education on money that you would ever get in higher learning.
    Im very grateful, thank you for your service in educating the people Mr Neathery. These vids are excellent.👋

  • @philliphuff6194
    @philliphuff6194 4 роки тому +3

    My mind was blown at 49:09 of this recording. So I borrow from a lender who in turn borrowz from an Insurance Company? IT is time to cut out the middlemen.

  • @kjvisual7
    @kjvisual7 5 років тому +10

    This is all so exciting. Wow! I get it! Now I haven't read the book yet, and that's ok. Because I believe this video series will enhance my understanding as I read Nelson's words. Thanks guys. I can't wait to get started.

  • @johnboytn2024
    @johnboytn2024 2 роки тому +1

    Thank you for such an informative video series. To me this type of knowledge is priceless.

  • @isajthereable
    @isajthereable 6 років тому +8

    This is a great video! Thank you for taking the time to put this together.

  • @thebestclassicalmusic
    @thebestclassicalmusic 6 років тому +6

    Thank you for the videos-still wrapping my head around it.

  • @bernardclay914
    @bernardclay914 3 роки тому +1

    I'm an 80+ retired business owner/teacher at the college level. "Tell 'em what you're going to tell them; TELL 'EM; tell 'em what you told them! These guys are the first UA-cam presenters who started out as I had hoped. Early on: "Perpetual loss of money by the all American family". I then listened to the whole concept. ". . . the stolen can of peas.

  • @charlid-t7222
    @charlid-t7222 4 роки тому +1

    Thanks cant wait to watch the rest of the series

  • @seshta
    @seshta 2 роки тому +1

    "ya know, control is sometimes worth MORE than returns" James Neathery
    "the big focus in the financial world, we're always concerned about the rate of return on our savings, so while we're losing 34 1/2 cents on every dollar that we earn, we're concerned about gaining a small percentage on the little bitty 10% that we may or may not actually be saving" Ryan Griggs

  • @dwightfontenot9064
    @dwightfontenot9064 4 роки тому +3

    So, in practical terms, what does "becoming your own banker" look like? What is step 1, 2, 3?

    • @andrewgoode8037
      @andrewgoode8037 4 роки тому

      It took us a while, but we've got your question answered now in Q&A 12 - Question 1. ua-cam.com/video/_6g5jEl33Bg/v-deo.html

  • @srkwixdraw
    @srkwixdraw 4 роки тому +2

    Talking about the lack of savings, why would anyone save money in a bank when they pay lower interest than the inflation rate?

  • @vanessaf7412
    @vanessaf7412 4 роки тому

    What is the average or typical income/salary one needs to have in order to effectively implement the IBC principle?

  • @jerrywald6481
    @jerrywald6481 5 років тому +3

    Great video. IMHO - Just make sure you read the book first though

  • @naeumituarez444
    @naeumituarez444 3 роки тому

    This is so exciting

  • @MrStlover99
    @MrStlover99 4 роки тому

    When I pay the loan back with market interest, do I go over the MEC rate?

    • @JamesNeathery
      @JamesNeathery  4 роки тому +2

      Only if the policy is not built to account for the additional premium.

    • @MrStlover99
      @MrStlover99 4 роки тому

      @@JamesNeathery thank you

  • @juanjmoran6951
    @juanjmoran6951 4 роки тому +1

    Wow
    Owsome
    How do I get the right company

    • @andrewgoode8037
      @andrewgoode8037 4 роки тому +1

      James & Ryan have a podcast episode about exactly that. (ua-cam.com/video/GVCetbwoYaI/v-deo.html)

  • @scottiekurtz765
    @scottiekurtz765 2 роки тому

    How to get started?