22: Financial Planning is a Complete Disaster
Conventional financial "planning" is a misnomer: it relies on an unstable foundation of market variables, gives up control, and follows the herd. Learn three timeless principles of a financial strategy based on certainty and control that allow you to stop chasing risk and build your own banking system.
- (00:00) - Introduction: The Flawed Foundation of Conventional Financial Planning
- (01:18) - The Problem with Variables-Based Planning
- (03:42) - The Herd Mentality and Market Bubbles
- (06:14) - Sequence of Returns Risk and Market Volatility
- (08:04) - A Principles-Based Approach to Financial Planning
- (09:08) - Principle One: You Finance Everything You Buy
- (10:16) - Principle Two: Building Your Financial Foundation First
- (11:41) - Principle Three: Controlling the Banking Function
- (13:08) - How Whole Life Insurance Creates Your Foundation
- (14:20) - Strategic Capital Deployment and Leverage
- (16:05) - Join my Infinite Banking 101 Webinar
Creators and Guests
Host
John Perrings
I've helped hundreds of clients implement The Infinite Banking Concept and I can help you too.
