collateralizing you are allowing your money (savings) to keep working without interruption. You will always be a "Consumer". Be wise while building your own Privatized Family Banking (PFB) for you and your family. Bottom Line: Privatized Family Banking (PFB) is a financial strategy that will help you create a pool of tax-advantaged money while giving you liquidity and helping you recover some interest that you may be paying to financial institutions or someone else! NOTE: I would encourage you to get a good understanding of Privatized Family Banking (PFB). When you have studied this book, you will probably know more about life insurance than 95% of all the insurance agents in the United States and Canada, including most CPAs and investment advisors. Should you need to purchase life insurance, you will be ready to stand your ground with understanding. If not, send the nay-sayers their name and address, and I will send them this book as a gift from you. There is a lot of noise out there in the financial services industry and the public and most people just do not understand the miracle of using compounding and the use of other people's money to achieve wealth. I want to share with you my "Nine Axioms of Successful Retirement," not taught by Traditional Thinking: 1. Never Lose Money (Insure your principal & accrued earnings) 2. Eliminate the fees & commissions from your retirement account 3. Manage your tax liabilities and your debt obligations 4. Take advantage of triple compounding your money 5. Through collateralization, use other people's money, keeping your money working 6. Always have enough liquidity to capitalize on the purchase of "big ticket" items 7. Make sure your money stays up with inflation
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