What is Your Personal Bank and Why is Now is an Excellent Time to Consider Adding to Your Portfolio
May 15, 2024
Hosted by Ferenc Toth
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Episode Description
Your Personal Bank TM is a financial concept that strategically integrates financial tools from the banking and insurance industries to continue growth on funds even after you access the funds for other purposes. Your Personal Bank TM is a two step process. 1. A high cash value policy is established to maximize cash growth, insured, with guarantees, income tax-free, and highly liquid. 2.Second, to access funds a bank line of credit is typically established using the cash in the policy as collateral. Typically, the interest or dividends earned are higher than the cost of borrowing funds. I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities. When the government spends more than it receives, it has to sell bonds to off-set the currency. As long as the federal government continues to print money, bond interest rates will remain higher. Currently, there is no political will to reduce spending. The federal government's excess spending creates an opportunity. Insurance company dividends are highly interest rate sensitive. Dividends are expected to increase for the next 5-10 years. You earn dividends insured, guaranteed, tax-free and highly liquid. You can take advantage of the government's financial irresponsibility.
Your Personal Bank
Wednesday at 11 AM Pacific on VoiceAmerica Business Channel
Your Personal Bank TM is a financial concept that strategically integrates financial tools from the banking and insurance industries to continue growth on funds even when you access them for other purposes. Ferenc will share how Your Personal Bank can enhance returns on investments, including real estate, reduce the cost of borrowing, and safely create positive arbitrage. Ferenc will also share how the rapidly increasing interest rates will likely increase future returns and positive arbitrage.
Ferenc Toth
Ferenc is founder of Your Personal Bank TM. He is passionate about helping people gain control of their money, create tax-favored income, and having access to more funds over their lifetime! He has a knack of explaining complicated financial concepts in a simple and easily understood manner. Ferenc gets people to think and empowers them to better understand the financial tools they are considering. He actively educates for financial literacy. Ferenc’s company continues growing rapidly with over 5000 clients and a dozen advisers. Ferenc has personally advised over 1000 clients and mentored many advisors over his 20+ year career. Ferenc has been and is annually recognized by several financial and insurance institutions as a top advisor. He has been honored many years as a top 10 adviser nationally. Ferenc is a General Agent. Unlike most agents/advisors General Agents work directly with financial institutions and typically have an extensive level of experience and knowledge. Ferenc proudly served in the Fife and Drum Corps, 3rd US Infantry, “The Old Guard”, US Army. The Old Guard is the Army's official ceremonial unit and escort to the president. The Fife and Drum Corps is one of the premier musical units in the US Army. Ferenc performed in many ceremonial functions at the White House and various events around the country including the Indianapolis 500 and Kentucky Derby. Ferenc is a semi-professional bass trombonist. He performs in various groups including church orchestra
Episode Directory
May 2024
- 5/15/2024: What is Your Personal Bank and Why is Now is an Excellent Time to Consider Adding to Your Portfolio Listen Now
- 5/8/2024: Mounting Evidence Is Pointing To A Nightmare Scenario For The U.S. Economy Listen Now
- 5/1/2024: Employment Numbers Have Been Revised Down Nearly Every Month in 2023 Listen Now
