Hybrid Financial Arbitrage: Become Your Own Bank
12/13/2023 EST • Workshop Room 2
Hybrid Arbitrage is a type of Banking solution that deals with secured and unsecured debt. This solution is a unique combination of GPS debt technology and a special kind of liquid index universal life insurance, POLI (Private Owned Life Insurance), a type of BOLI for any American adults, family or businesses. Early debt payoff, interest elimination and turning liabilities into income and wealth. This has never been done before.
Accelerated Debt Payment: The technology acts like a GPS, directing funds in the most efficient way to pay off debts earlier than the standard term. It can reduce the interest paid and help users to become debt-free more quickly. This is akin to the snowball or avalanche methods of paying off debt, but it's driven by AI and an algorithm.
Using Index Universal Life Insurance (IUL) for Banking Purposes: This is an advanced financial strategy that goes much further than the "Infinite Banking Concept" or "Bank on Yourself." With an IUL, there's potential to earn tax free interest based on stock market performance without the risk of losing principal. Furthermore, policyholders can borrow against their IUL cash value, effectively "banking" with their policy. The idea is that instead of paying interest to a bank, lender or even the life insurance company, they're not paying back the loan, they are paying off debt in record time, overfunding the IUL with that debt and theoretically earning the interest themselves.
Tax Advantages: One of the key benefits of an IUL is its tax-advantaged growth. Earnings within this policy are not taxable. Furthermore, loans against the policy typically aren't considered taxable income.
Ron Harris, MBA, MBE, Certified Financial Educator (CFEI), Author, Insurance Professional and CEO of Financial Literacy Group, LLC, was born in Los Angeles, CA. Ron earned a master's degree in global marketing and communications at the University of Essex, UK.
Ron Harris is an entrepreneur who has over 20 years’ experience researching, developing integrated sales and marketing strategies that have launched new solutions and technological products for startups, SMEs, and corporations. Ron has worked with companies such as Union Bank of CA, Prudential, KCBS, KCAL, KTLA, FatBurger, the Dial Corporation, Sunkist, MSE, IL
Ron Harris is an entrepreneur who has over 20 years’ experience researching, developing integrated sales and marketing strategies that have launched new solutions and technological products for startups, SMEs, and corporations. Ron has worked with companies such as Union Bank of CA, Prudential, KCBS, KCAL, KTLA, FatBurger, the Dial Corporation, Sunkist, MSE, ILG and DocuWise.
For the last 7 years Ron has been helping people on Main Street manage their finances like people who work on Wall St.
Ron has traveled across the US and to over 40 countries to study causes of wealth disparity so that he could apply this knowledge at home in the United States. Ron is dedicated to helping working class people optimize their personal financial positions,improve their lives, retire with dignity and build generational wealth.