An article covering the subject of infinite banking entitled What is Infinite Banking and Why Should You Care? has now been released and published online by michaelrhession.com, an authority website in the Infinite Banking for Entrepreneurs and Investors niche. The article brings to light fascinating information especially suited for business owners, investors and entrepreneurs. Entrepreneurs and anybody else who’s interested in infinite banking can read the entire article here.
Because these proven, almost forgotten strategies are just as powerful as they were decades ago, perhaps one of the most interesting, or relevant pieces of information for entrepreneurs, which is included within the article, is that Walt Disney borrowed from his life insurance policies in 1953 to help fund Disneyland, his first theme park, when no banker would lend him the money. Also, following the 1929 stock market crash, famous retailer J. C. Penney borrowed from his whole life insurance policies to help meet the company payroll; and more recently, Doris Christopher utilized $3,000 of the cash value from her policy to start the Pampered Chef.
The article has been written by Michael R. Hession, Infinite Banking Concepts Authorized PractitionerÂ®, who uses this article to bring attention to the subject of infinite banking to a wider audience. To begin with, Hession offers readers a clear answer to the question â€œWhat is Infinite Banking?” Infinite Banking is a method of using a specific type of ultra-safe whole life insurance policies as an alternative to bank financing while simultaneously growing longterm wealth. When done correctly it allows entrepreneurs to harness the power of compound interest while providing significant tax savings.â€
Michael R. Hession now welcomes comments and questions from readers, in relation to the article and how it applies to the specific needs of business owners and investors. He has made a point of saying regular interaction with readers is critical to running the site because the more entrepreneurs learn about infinite banking, the more equipped they will be to leverage its power to their advantage..
In discussing the article and its development, Michael Hession said: “I realized that finding a practical and in-depth answer to What is Infinite Banking with a focus on business owners and entrepreneurs was not an easy task. These strategies are very valuable instruments for creating and protecting long-term wealth while reducing tax exposure and entrepreneurs need to know more about them.”
Anyone who has a specific question or comment about this article, or any article previously published on the site, is welcome to contact Michael Hession via his website at michaelrhession.com
The complete article is available to in full at https://michaelrhession.com/what-is-infinite-banking-and-why-should-you-care/