As a financial concept growing in popularity and demand, the Infinite Banking System is beginning to receive a backlash of negative criticism. There are those that say infinite banking is a scam. But those who do so misunderstand the concept of what is being sold.
The Infinite Banking Scam
Let’s start with what this system is not. It’s not a product that you can buy on the Internet. It’s not a get rich scheme. And it’s not for everyone. Those who claim there is an infinite banking scam misunderstand the premise of what perpetual banking is all about. The truth is, the basis for this system is not even a new product. It is an established, proven product that is being used in a new and innovative way.
The Infinite Banking System is a philosophy of personal banking founded on a properly structured, dividend-paying whole life insurance policy. As a financial tool, whole life policies are a proven product. Historically, insurance companies have been one of the safest places for your money. Life insurance companies invest in very safe financial instruments such as bonds, which means lower investment risks for policyholders.
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In order to attain the goal, which is to sell your home quickly, you are going to need to be sure that all of your “ducks are in a row” so to speak. Getting a fast sale means planning ahead and assuring that you have all of the elements that combine to give you the best chance to sell your home.
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New York real estate welcomes foreign buyers with a wealth of opportunities and countless chances for diversification. With the citys limited landmass and population growth as well as its global significance and innovative high-end condominium development, New York real estate is in high demand by national and international buyers. Within this competitive buying market, buyers agents can help foreign investors locate and utilize market values through analysis of the current investment market. The NYC real estate market is friendly to foreign buyers and New York condominiums are the popular choice of international investors.
Top 5 Reasons for Foreign Investment in NYC
1. High-End Development
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