5 Burst results for "Nelson Nash Institute"

"nelson nash institute" Discussed on The Money Advantage Podcast

The Money Advantage Podcast

05:17 min | 1 year ago

"nelson nash institute" Discussed on The Money Advantage Podcast

"You're gonna have more death benefit more dividend growth long-term and you're going to have less early cash on the other side you're going to have lesser death benefit less dividend growth over time. And you're going to have much more early cash value. So here's the thing. is there one way. And only one way. Bruce that always works for everybody pointblank. You're wasting your time. You're wasting your money unless you have this one exact design. Is that true. And one of the things i like to point out. Is the people that advocate. This is the only design. And there's there's a couple of groups out there that say. This is the design. What i find interesting about those groups. They're headed up by very young personnel annum. Amazed at how very young personnel feel like. They've already had they already got everything. Figured out in this world. The other thing i tell people is that If you go with a ten percent base and that's the lowest insurance company will allow you to do. Why won't they allow you to go to nine. Percent or eight percent or five percent is because the insurance company feels like. It's a detriment to them to do it. Not necessarily because it's bad for the insurance company directly. It's actually from what i li- researches they find that people that are doing those kinds of signs are actually short-term minded and were more likely to give up the policy in the future and that actually gives them back publicity for that particular insurance company. There are some other things that you have to do that can cause the policy not to perform when you only do ten percent base. It can actually cause a mac or will not perform as well going into the future. So it's another reason why companies don't do it now one hundred percent base. There are some reasons it would wanna do that. It's it's the most guaranteed death benefit that you can get. The at the nelson nash institute worthy infant banking concept was originated Nelson always said to start with about thirty percent base and about seventy percent. P you ace. But he always says start there because he believed that was the best blending amount to get the best overall performance of everything the the p. you a available the the base Death benefit the the lesser amount.

five percent Bruce ten percent eight percent nine Nelson one hundred percent about seventy percent one way nelson nash institute about thirty percent mac one couple of groups things Percent
"nelson nash institute" Discussed on The Money Advantage Podcast

The Money Advantage Podcast

01:47 min | 1 year ago

"nelson nash institute" Discussed on The Money Advantage Podcast

"With a mutual company and this is for the purpose of being able to use it for privatize banking so Dr murphy thank you so much for being with us today. How can our audience find your book. Specifically i did post the link for Wow having to go back a long ways the case. Abc dot com. Is that the best way for them to get your book. And it's available on amazon. The nelson nash institute as well. Where do you prefer people go right. So yeah the. The actual url is the case for b dot com. We'll take you there if you find it on amazon. That's that's fine too. It's sometimes if it's a obscure cellar. We don't know if the person's gonna you know. Put a little note to you in the book or we can't we can't control that. But yes if you go. Through the case. Ribisi dot com. That's gonna come from david stearns stockpiled. He'll mail out to you. So that's what i would recommend but if you get anywhere it's probably fine. Excellent will thank you. So much dr murphy. I really recommend the book. I need to read it personally myself. I'll just be honest and raise my hand and say that i need to do that. I love being able to talk to you about these ideas. Because i think there's Things that people are wrestling with on a regular basis and really understanding how something works is really key to being able to create wealth and i heard this fascinating idea the other day in brazil. I've been talking through this but if you are going to choose to become a wealth creator the price that you need to pay to become that is to educate yourself be able to think differently consume the information. Find the videos dig deep. Find the real facts. The meet the foundation beneath what everyone else's saying don't just listen to rhetoric. Don't just listen to fancy ideas or something that sounds good at face. Value look beneath that and find out what the wealthy are doing because success follows clues so model the successful you not the crowd and build a.

brazil amazon nelson nash institute murphy today Abc dot com b dot com Ribisi dot com david
"nelson nash institute" Discussed on The Money Advantage Podcast

The Money Advantage Podcast

05:01 min | 1 year ago

"nelson nash institute" Discussed on The Money Advantage Podcast

"Of someone will present something the way. Now my senator it or the way you know someone coming from the insurance sector would say it might not make sense to me and i think about it in terms of economics and then all. That's why that works. And so if i explain the sometimes it clicks with people if i say it in different words are coming from a different angle but we end up at the same spot. I think that's one of the values of having multiple people will be able to explain what infant making is and there's also different personalities and different skill sets that are trying to grapple with this concept that seems like this hidden gem. It seems like this thing that nobody knows about. And that if you have heard anything on the street about infinite banking or whole life insurance if more than likely negative versus positive and so then you have the personalities that say while. I'm very skeptical It sounds too good to be true. How in the world are people. That are smart. Actually doing this. I don't understand and you have people who are more conceptual you have. People who are more tactical and all of those different people are trying to figure out for themselves. Is this something that actually wanna do. So i really appreciate you sharing your background of skepticism. Which is extremely beneficial to somebody. Who's also maybe a little skeptical. So let's talk about. So you and nelson nash. And carlos laura created the the or the nelson nash institute and the certification program. Talk about that a little bit. And then let's jump into y. You specifically created this book shirt and also david stearns was integrated involved in creation nelson asia institute. So it's again. I give a little bit of background. Is i realized what this was. They had me come down to what's called the think tank. Which is the annual conference that the banking professionals have every year in birmingham alabama. And i was a guest speaker. And that's where i saw presentations in there were like. Cpa's getting up and doing things. And i realized this this really works like the you know. This isn't just you know people waving their hands around and talking about general things like there's real numbers behind this it makes lot of sense even include the taxes. Whenever it makes even more sense is great. And so carlos in. I wrote a an earlier book called hal privatize banking really works. And you. i know you guys mentioned that. You like that phrase. And that was actually carla's idea that he was the one single of bob you as an economist was subscriber. What's called the austrian school so the time just to give people was two thousand nine people remember there have been the financial crisis in the fall of a and then.

carlos laura nelson asia institute david stearns nelson nash institute carla two thousand nine people one birmingham alabama hal privatize one single school values nelson nash carlos austrian
"nelson nash institute" Discussed on Life Success

Life Success

03:25 min | 1 year ago

"nelson nash institute" Discussed on Life Success

"System <Speech_Male> and <Speech_Male> giving it time to do what <Speech_Male> it needs to do a job. <Speech_Male> Even though <Speech_Male> you're pulling out <Speech_Male> living expenses <Speech_Male> <Speech_Male> pulling out income. <Speech_Male> It's still <Speech_Male> growing and <Speech_Male> compounding <Speech_Male> and so the question of <Speech_Male> and I find <Speech_Male> this with a lot of my clients <Speech_Male> that are fifties or <Speech_Male> sixties their biggest <Speech_Male> concern is they're going <Speech_Male> to run out of money <Speech_Male> in retirement. <Speech_Male> <Speech_Male> Well in this situation, <Speech_Male> they never have <Speech_Male> to worry about running <Speech_Male> out of money. No, <Speech_Male> no that <Speech_Male> lets you sleep pretty well <Speech_Male> at night. It does <Speech_Male> suck. Okay, <Speech_Male> so that's tax-free <Speech_Male> retirement. How about <Speech_Male> the fourth thing? <Speech_Male> I B C does <Speech_Male> that is tax-free <Speech_Male> wealth <Speech_Male> transfer <Speech_Male> <SpeakerChange> powerful. <Speech_Male> It's <Speech_Music_Male> gigantic. <Speech_Male> You know, when <Speech_Male> when you think about <Speech_Male> some of the <Speech_Male> the wealthy families <Speech_Male> they've continued <Speech_Male> to do this for generations <Speech_Male> for literally <Speech_Male> for hundreds <Speech_Male> of years, but <Speech_Male> what <Speech_Male> we're trying to show people <Speech_Male> is <Speech_Male> This <Speech_Male> life insurance policy <Speech_Male> that they put together <Speech_Male> even though we're <Speech_Male> able to use it along <Speech_Male> the way <Speech_Male> what we're doing <Speech_Male> is we're guaranteeing <Speech_Male> that they're going <Speech_Male> to be able to direct <Speech_Male> a hundred percent <Speech_Male> <Speech_Male> off of the direction <Speech_Male> of that money <Speech_Male> <Speech_Male> <Advertisement> through <Speech_Male> this wealth transfer. <Speech_Male> <Speech_Male> It's <Speech_Male> pretty unbelievable <Speech_Male> makes me think <Speech_Male> of Nelson's <Speech_Male> number one principle <Speech_Male> and that <Speech_Male> is think long-term <Speech_Male> think long-term <Speech_Male> brother. Yeah. So <Speech_Male> when you when you talk <Speech_Male> about think long-term, what <Speech_Male> do you thinking? <Speech_Male> I'm thinking of grand <Speech_Male> kids. I'm thinking of my great-grandkids. <Speech_Male> <Speech_Male> So <Speech_Male> literally <Speech_Male> when we when we <Speech_Male> go to work with families, <Speech_Male> we're talking about <Speech_Male> two and <Speech_Male> three generations <Speech_Male> from now. Yeah, <Speech_Male> and when you're <Speech_Male> thinking of like that <Speech_Male> you're going to be able <Speech_Male> to create <Speech_Male> a wealth transfer <Speech_Male> that people <SpeakerChange> won't <Speech_Male> believe as possible, <Speech_Male> you <Speech_Male> know, one of the things <Speech_Male> that that <Speech_Male> I learned at this <Speech_Male> last <Speech_Male> Nelson Nash Institute <Speech_Male> full tank <Speech_Male> was was the phrase <Speech_Male> rags <Speech_Male> to rags and three <Speech_Male> generations <Speech_Male> and <Speech_Male> what that means <Speech_Male> for <Speech_Male> the listeners is <Speech_Male> that that one generation <Speech_Male> Works their tail <Speech_Male> off and they build <Speech_Male> some life <Speech_Male> <Speech_Male> gets transferred On <Speech_Male> to the Next Generation. <Speech_Male> But by the time that <Speech_Male> Wells gets transferred <Speech_Male> to the to the third <Speech_Male> generation <Speech_Male> it's gone <Speech_Male> and the problem <Speech_Male> in that is <Speech_Male> the knowledge. <Speech_Male> Has not <Speech_Male> been passed on for <Speech_Male> one radish into <Speech_Male> the next <Speech_Male> one of the things that <Speech_Male> we do at life success <Speech_Male> and Legacy <Speech_Male> is that we work with <Speech_Male> Generations <Speech_Male> within families. <Speech_Male> So that <Speech_Male> not just <Speech_Male> the initial generation, <Speech_Male> but future <Speech_Male> Generations <Speech_Male> <SpeakerChange> are learning <Speech_Male> how this works. <Speech_Male> We want to yeah, <Speech_Male> we want to sit down with <Speech_Male> families and <Speech_Male> we want them to understand <Speech_Male> that when <Speech_Male> they hand that baton <Speech_Male> off that has to <Speech_Male> do with <Speech_Male> everybody <SpeakerChange> knows <Speech_Male> what's going on. <Speech_Male> That's right. That's right. <Speech_Male> So <Speech_Male> <Speech_Male> those are <Speech_Male> that's really kind <Speech_Male> of the big the big <Speech_Male> picture for things <Speech_Male> that infinite banking <Speech_Male> can do <Speech_Male> them. Obviously <Speech_Male> there. There's a lot <Speech_Male> more education that <Speech_Male> goes into this Nelson's <Speech_Male> book becoming <Speech_Male> your own Banker <Speech_Male> is available <Speech_Male> on our website <Speech_Male> <Speech_Male> at life success legacy.com. <Speech_Male> <Speech_Male> And <Speech_Male> we may I encourage <Speech_Male> everyone to read <Speech_Male> it. <Speech_Male> This <Speech_Male> is just the beginning that <Speech_Male> book is a ten-hour <Speech_Male> course of instruction. <Speech_Male> Our <Speech_Male> boot camps that we do <Speech_Male> are typically about <Speech_Male> three hours long <Speech_Male> and <Speech_Male> we off Have those <Speech_Male> <Speech_Male> both through web <Speech_Male> conferences <Speech_Music_Male> as well as live <Speech_Music_Male> around <Speech_Music_Male> in different regions <Speech_Music_Male> <Speech_Music_Male> Mike. Thanks for joining <Speech_Music_Male> me. Thanks, Chris. <Speech_Music_Male> Look forward to our next <Speech_Music_Male> conversation <Music> you back from Gridley. <Music>

Nelson Nelson Nash Institute Mike Gridley.
"nelson nash institute" Discussed on Life Success

Life Success

06:39 min | 2 years ago

"nelson nash institute" Discussed on Life Success

"Obviously I can relate to it because it's about a schoolteacher and I spent over twenty years in education, these talking about a German schoolmaster in the late seventeen hundreds and I. Don't think we have to go through the the details of that. Particularly people can read through that, but it's an example of one of the students who and I think this is poignant. All the other kids when the teacher gives the problem, all the other kids start digging in, and they're scratching out numbers and things like that, but one of them just kind of stops and starts looking out the window. and. He starts conceptualizing and to me. We have a lot of people who will read becoming own banker and they get lost. They don't get it. There's too many analogies. There's too many examples that don't use numbers. And I think that example the boy looking out the window and really taking the whole thing in. He sees it right. I am reminded of the phrase. Don't lose the forest for the trees. And how many times are we work with somebody and they are getting stuck on there. They're trying to create spreadsheets, and they're trying to figure out the rate of return, and all these things and it's like they're losing the forest for the trees while a great example is. So? Many people are trying to figure it out. And it's it's the imagination part of this whole thing in the reason on the logic. Really bring this thing home, and so because of all the noise that we have had prior to learning about the infinite banking concept with rates of return interest rates. Fill in the blank so many people get lost, and really it is an exercise in simplicity. Which really is just? It's why it works so well for me. and. We get I hear you saying that it's why ordinary because it's a simple. That would know the I. Always Tell People look if Chris. Bay Can figure this out. Not Hard at it works. K. E. DO not have to be a rocket scientist or bring to figure this out. But sometimes we get stuck and we're blinded. In I'm reminded of a There is a parable about an elephant. It's a story about four blind men and an Elephant K., and this is from from India long long time ago. And There's these four blind men, and they're all touching an elephant, but they're touching different part of the elephant, so one might be touch in the leg. When might be touching the stomach? One might be touching the trunk. Another might be touching the tail, right. And they start describing what they think they're touching. And therefore entirely different animals. Wind. They're only seeing from their perspective of what they have. They're able to see. I mean you can throw anything in politics, right? Why do we have intelligent moral people who see politics from two entirely different perspectives example, right? It's because we're going. We're only. One Angle and and I see I B C. Like this also is we all come to it with a certain vision, certain history, a certain teaching about money, but we may not be able to see the whole elephant at first. That's where the coaches come in in my opinion, you go. That's exactly where I was going. That's why on the Nelson Nash Institute was put into place. This is why they strongly strongly suggests that people get. With coaches or practitioners that have done a giant amount of study and can help. People understand the simplicity of infinite banking yeah. I think the touching on imagination a lot, but one of the core pieces at Nelson brings out in this is at the bottom of the first column. He says that this teacher or the student who became a one of the great mathematicians of time is Carl gals but Nelson says you know young gals did not invent this fact this mathematical fact he discovered what God had done already. Discovered a relationship between numbers that is fixed, and nothing can be done to change it. That is true with infinite. Really is. You can change where the line is. You can change designs of policies. You can do all kinds of things, but you're not going to change the fact that when you control the banking function. It puts you so far ahead and we're GONNA. Get into that here in the next couple of sections for sure. Big The biggest thing that I think keeps people stuck and we can wrap up with this this section. It's a short one. Is that. We are influenced by what we have been taught about money. I think back and your kids are probably too old for this, but in education. We started teaching what people call new math? It was a new way to teach kids about how to multiply or divide or do different things, and it really made sense to kids. The Rub was parents didn't understand it because it was different than how they had learned to learn this new map, right? I don't see for many of us is new math. If if you've been trained as a as a you know a CPA or as a traditional financial planner or any of those kinds of things, it makes it really challenging sometimes to think about. Numbers and money in a different way. While the hurdle becomes wall. It'll becomes a wall. Yeah! But it doesn't change that it's true right noth so Mike. The next I know we're both excited about this next section for our listeners. The next section is the grocery store. And sometimes people fly through this when I think this is probably one of the most Maybe overlooked or misunderstood sections in the books. We're looking forward in our next podcast to dig into this.

Nelson Nelson Nash Institute India Chris scientist Mike K. E. Carl