172. The Power Of Private Lending With Mortgages
Wealth Without Bay Street 172: The Power Of Private Lending With Mortgages Are you not seeing the returns you hoped for with your retirement savings plans like RRSP, TFSA, LIRA, and the like? Why not consider private lending? It’s a fantastic way to earn attractive interest rates in the real estate industry while supporting your […]
171. What Type Of Banker Rakes In The Most Cash?
Wealth Without Bay Street 171: What Type Of Banker Rakes In The Most Cash? Which type of banker makes the MOST money? 🏦💵💵 Well, this brings us back to the characters in the financial play Nelson Nash describes in the book titled Becoming Your Own Banker. First, it is vital to understand all four […]
170. Contracts That Guarantee The Delivery Of Money
Wealth Without Bay Street 170: Contracts That Guarantee The Delivery Of Money MONEY GOAL – there’s a difference between hoping for something and being sure of it. Listen to Richard and Jayson’s advice and make sure you’re covered. Just like a lender wouldn’t under insure an asset, you shouldn’t do it to yourself either. When […]
169. Understanding the Shift in the Global Currency System
Wealth Without Bay Street 169: Understanding the Shift in the Global Currency System Have you ever wondered where the Canadian and global currency systems are headed? Many people have asked us this question, so Richard Canfield and Henry Wong decided to share perspectives and opinions on it. We’ll be discussing the future of the Canadian […]
168. Infinite Banking Concept Fallacies and Myths
Wealth Without Bay Street 168: Infinite Banking Concept Fallacies and Myths Consider the image of a tree stump for a moment. Former forester turned powerhouse financial thinker Nelson Nash likens it to investing in a whole life insurance policy. He once asked, “What does each ring represent?” The answer: it symbolizes one year of uninterrupted […]
167. Create Cash At A Discount
Wealth Without Bay Street 167: Create Cash At A Discount Imagine giving just a nickel and receiving a dollar in return – that’s a return on investment you simply can’t pass up. Investing in a participating, dividend-paying whole life insurance contract is a smart move that ensures you can even generate cash at a discounted […]
166. How The Infinite Banking System Started
Wealth Without Bay Street 166: How The Infinite Banking System Started Consider the image of a tree stump for a moment. Former forester turned powerhouse financial thinker Nelson Nash likens it to investing in a whole life insurance policy. He once asked, “What does each ring represent?” The answer: it symbolizes one year of uninterrupted […]
165. Faith And Freedom In Infinite Banking
Wealth Without Bay Street 165: Faith And Freedom In Infinite Banking From constitutional lawyer to entrepreneur and epic podcast host, tune in to the inspiring journey of Leighton Grey. For several years, Leighton has firmly established himself as one of Alberta’s preeminent lawyers. His outstanding record in the courtroom has made its way into the […]
164. A Tax Free Addition To Your Business Surplus
Wealth Without Bay Street 164: A Tax Free Addition To Your Business Surplus Economist R. Nelson Nash firmly believed that to truly excel financially; you must be involved in two businesses. One is the business that provides for your livelihood – putting food on the table and paying your bills. The other, however, is the […]
163. How Active Versus Passive Business Income Is Taxed In A Canadian Controlled Corporation
Wealth Without Bay Street 163: How Active Versus Passive Business Income Is Taxed In A Canadian Controlled Corporation with Henry Wong Are you aware of the tax differences between active and passive income in the corporate world? It’s important to understand the details surrounding both types of income, especially with rule changes that have affected […]