Michelangelo

Brandy, it's not really designed to match the bank on yourself principle... the bank on yourself is more geared towards accumulating savings and to build up enough cash value inside the life insurance policy to be able to borrow from yourself and then pay yourself back,,, instead of borrowing money from a bank at a higher interest rate. The enhancer is more geared towards people that already have money that they want to keep safe and let grow as fast and safely as possible with all of the advantages of life insurance added (like the tax-free death benefit) Ideally the money would be invested long-term (5 or more years) to really take advantage of the tax-deferred growth, but you would have access to your money through out if needed. So they are similar in that they both use life insurance as a means to accumulate wealth, but the major difference is that the enhancer maximizes the growth of the investment since the life insurance portion of the investment premiums would not come out of your initial investment. So in essence your money is growing tax deferred (like a retirement account) so that the interest compounds annually, unlike a retirement account though you don't have to take your RMD's at age 70 1/2 and the life insurance portion is a very nice bonus. An example I've used is if a 40 year old male were to invest 1 million dollars (with a standard rating) he would earn 5.14% net cash growth, where that 1 million dollars would provide a paid up life insurance policy of just over 4 million dollars. In other words, if something catastrophic were to happen the named beneficiaries would receive over 4 million dollars 100% tax-free. None of us plan on needing the life insurance part any time soon, but it sure is nice to have that insurance policy in place "just in case". Those insurance premiums don't come out of the investment since it's paid up. So the money is safe and guaranteed, it's growing at over 5% (by the way as the economy get's better the interest rate will go up too) tax-deferred, you have an additional 3 million dollars of life insurance coverage that you're not paying for out of your investment and if some catastrophic event happens, your family get's a check for many times more than what you initially invested 100% tax-free. I hope that answered your question Brandy. If you have any other questions just ask. The Enhancer is the main way that I'm planning on investing in the long-term and keeping the money safe. I want to be sure that my 3 sons and eventually their children and grandchildren will benefit from this investment. It's safe with great returns and benefits. I want to leave a legacy for my family and this is how I plan on doing that. Exactly how much I invest in the Enhancer will depend on the rate

To be honest you're most likely going to be looking at a rate quite a bit higher than the 4.25%... but yes, the account can be set up so that you receive income from the interest earned. You would still enjoy all the other benefits. I helped one of my clients set up an enhancer earlier this week and he's earning over 6% net cash growth, growing tax-deferred and with an additional million dollars in insurance coverage that he's not paying premium for. Pretty sweet! You can put as much as you want into the enhancer by the way!

Awesome

thanks for finding that! keep em' coming!

Absolutely! I would take out the interest once a year live off of that and the next year do it all over again. All the specific examples I've been running here lately have been coming in a little higher. For example a 40 year old male, non-smoker you're actually looking at a rate closer to 5+% To each his or her own, but this is what I'm doing with a portion of my RV investment. I want safe and I want guarantees. Just let me know and I can send you a powerpoint talking about basics of the enhancer along with an illustration. No, I don't have anything to do with those companies. I can send you a powerpoint talking about the investment if you like.

just tried to upload a powerpoint of the basics of the Enhancer investment but the file is too big so I'll just have to e-mail it individually to those interested

I have never been anything but honest. Yes, currently the banks are insured by the FDIC for $250,000 per account holder... for this year only... The coverage was increased for this year from $100,000 up to the current $250,000. On January 1st the banks can lower that FDIC insured amount back down to the previous level of $100,000 which would allow them to spend less of their investors money on the cost of the insurance allowing them to invest more for themselves... allowing them to make more money. Now what do you think the banks are going to do? Do you honestly think that they're going to look out for their investors best interests or are they going to try to make as much money as possible to show their stockholders better figures? I don't trust banks any farther than I can throw them, but that's just my personal opinion. If you're comfortable trusting someone who doesn't answer to you but only to the stockholders at your expense, then that's your call. But you are correct... the FDIC does CURRENTLY insure $250,000 I'm sorry, I'm not trying to be aggressive... I just have so many clients that have been burned by banks in the past. I am just very passionate about taking care of my clients interests.

I don't trust that kind of money to be at a bank because of the limited FDIC insurability, the low interest rates, having to pay taxes on the interest each year and a few other factors

I think we would all prefer the 19.8% return on our investment. The return depends on several factors and will vary depending on the amount invested, your age, how soon you might want to access the entire amount and a couple other factors. I helped a friend of mine from church get just over 14% return, with tax deferred growth (just like a retirement account) and a tax-free distribution if he dies before spending the money he's invested. Which by the way he can access if/when needed.

I just want to make something clear... Once the RV happens I would be very careful how you invest your money. I don't trust banks to keep their doors open to keep my money safe and since the FDIC only insures about $100,000 I'm not willing to risk losing the remainder of my RV investment! I also strongly suggest that everyone do their research before investing their money. Compare interest rates, what are the risks? Look at the financial strength and financial history of the company you're thinking about investing in. What is your timeline for accessing the money? And how can you best benefit you and your family for generations. Don't forget taxes consequences vs. tax benefits!

You need to look at investing your money where you not only have guaranteed interest but where the money is safe. This is what I'm doing with a portion of the RV (and it just so happens that I can sell this to myself since it's what I do for a living) We have a product called an "Enhancer" In general terms this is how it works. I'll use what I'm going to do as an example: After I pay off all my debt (which isn't much) I'm going to invest $1,000,000 into the enhancer That $1,000,000 is safe and guaranteed by the government so I can never lose it. Plus the minimum interest is also guaranteed. Right now we're paying 4.25% or more... not too shabby... What's even better is that the interest you're earning is tax deferred, just like a retirement account so you won't have to pay taxes on the interest each year. The interest compounds annually so you're earning interest on the interest. That alone should be enough to convince you to invest, but wait there's more... The $1,000,000 that I invested purchased just under $5,000,000 in insurance (that I never paid any premium for) where if I should die before using the money my family will receive about $5,000,000 plus all the interest the money has earned completely tax-free! AND... as the economy get's better the interest rates increase too! That's a cliff notes version... if you have any questions feel free to pm me and I can explain in more detail. This is the best SAFE and GUARANTEED investment on the market right now... Earlier this year I sold one to a gentleman who is now earning 19.8% on his investment. Like I said this is the best product on the market but since we don't advertise nobody knows it exists. We're a small non-profit organization that is owned by our members... However, one of my jobs is to find new members which is why I can tell you about this. Just let me know if you or anyone else has any questions.

Thanks, looking forward to hearing the conclusion of the call from the other night. We are all so very excited right now and probably anxious too. Thanks for all the great information!

the type is Delarue Brandt 8625

I admire your patience... I'm updating every 15 seconds or less... I guess I'm an addict!

I just spoke to a manager at a Suntrust bank and they will exchange the Dinar right there on the spot and deposit the funds into your account. I thought that was pretty exciting news. It took a few phone calls and trying quite a few different banks, but I finally found one locally. So if anyone is close to southwestern Virginia we won't have to drive far.