Your Personal Bank

Your Personal Bank

Your Personal Bank Ep 37 | What is Your Personal Bank and Why is Now is an Excellent Time to Consider Adding to Your Portfolio | 05-14-24 Download

00:55 Download May 14th

Ferenc Toth 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! Ferenc is a voice for common sense. He cuts through the noise to help us understand how current events affect our money, economy, and our freedom.

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. A bank line of credit is typically established using the cash in the policy as collateral to access funds.

Typically, the interest or dividends earned are higher than the cost of borrowing funds. This creates positive cash flow on money that is spent! This is known as positive arbitrage. 

You are able to earn interest on money spent each and nearly every year for the rest of your life. Positive arbitrage has typically been 2-3% annually for the past 40+ years. What if you earned 1-3% on money you spent each year? You would have significantly more money to live on for the rest of your life!

Why is this one of the best times to add Your Personal Bank to your portfolio?

Insurance companies invest heavily in bonds. Bonds are highly interest rate sensitive. Interest rates have increased at the fastest rate in the history of the Federal Reserve. Bond interest rates are 2-3 times higher than they were a couple of years ago. Insurance company profits are increasing as well. Dividends are profits of the company, therefore, dividends are expected to increase.

When the federal government spends more than it receives in tax revenue, it has to sell bonds to issue the currency. This is known as deficit spending. Also, the government does not pay down the existing debt. It sells new bonds at the current interest rate when the previous bond term expires to “roll over” the debt.  

Deficit spending is at all-time record levels. The overall debt continues to increase $1 Trillion about every 100 days. 

This is causing the federal government to sell record levels of bonds. And the amount of bond selling continues to increase. To entice institutional bond buyers to continue buying bonds, the government is having to offer higher and higher interest rates.

Until the federal government starts spending less than it receives to start paying down the debt, the upward pressure on bond interest rates will continue. Vanguard and others have recently predicted bond interest rates will increase over the next 5-10 years.

The federal government fiscal irresponsibility creates an opportunity.

You can invest in high cash value Your Personal bank TM policies that are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years!

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.

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