[00:00:00] Intro: Welcome to Private Banking Strategies Podcast with Vance Low and Seth Hicks, your secret weapon to protect your assets and never have to start over financially again. Vance and Seth help high net worth individuals, families, business owners, and investors structure and asset protected fortress for their families.
[00:00:21] Intro: Learn how to keep what you earn and use the velocity of money. To create your own private banking system. Join us on this journey as we explore the secret strategies of the rich and political elite and help you take total control of your financial security now onto the show.
[00:00:37] Seth Hicks Esq.: Hello and welcome to Private Banking Strategies Podcast with Vance Lowe and accepts Vance.
[00:00:43] Seth Hicks Esq.: How are you?
[00:00:44] Vance Lowe: Oh, I’m doing great. It’s been a little while since we’ve been able to do a podcast and I’m looking forward to today’s topic.
[00:00:50] Seth Hicks Esq.: Yeah, absolutely. Tell us what we’re gonna talk about.
[00:00:53] Vance Lowe: I’ve been getting a lot of requests from client reviews about what’s happening in today’s [00:01:00] economy, and so I think we should talk about what’s going on, especially with the tariffs.
[00:01:06] Vance Lowe: Everybody’s afraid of that, so. I wanna introduce that, kind of bring into play. Seth, I’ll need your help and background, a little bit of history of economies, and then we’ll introduce how private banking strategies is exactly what we need to do to weather this storm.
[00:01:23] Seth Hicks Esq.: Absolutely. So when we’re talking about tariffs, it’s been an an interesting negotiative tactic, but also one that it seems as though makes complete common sense if other countries are going to tax your goods and services that we provide at a very high rate.
[00:01:40] Seth Hicks Esq.: Shouldn’t it only be reciprocal? I mean, that seems to be only common sense. It’s kind of unsettling that there’s so many people in our country that would think that we should pay hundreds of percents in taxes and tariffs to other countries and they pay nothing. That makes. Absolutely no sense.
[00:01:54] Vance Lowe: So let’s get into this and talk about it a little bit.
[00:01:57] Vance Lowe: There’s some things that we have to realize. [00:02:00] We’ve been paying very high tariffs on our side and they haven’t. And so prices have come in and we have been buying a lot of foreign goods at a good price. I happen to know that aluminum and wire and things like that comes from China and other places. And what these tariffs, the question is are they going to automatically add the price of the tariff to their cost in, and is that gonna raise the cost on our end?
[00:02:30] Vance Lowe: Or are they gonna lower the cost on their end and absorb the tariff, or in other words, absorb the tariff from their profits and keep prices the same? So. That introduces what we’re in right now, folks, is called the uncertainty of effects. Today, that plays a huge part in our economy. When money gets tied, these guys come out and they say things, they say things about the market, they say this or that because they’re looking for a reaction.
[00:02:59] Vance Lowe: Okay. [00:03:00] And it’s an effect that we have to deal with. And the uncertainty becomes pretty certain with what I called the herd mentality. The big question is, okay, are prices going up? Oh wow, we don’t know, so let’s postpone. Or if all of a sudden a product is cut out, I’ve gotta run to the store. And by all I can get of that product, that means there’s a run on it and nobody’s gonna get it, except a few of the first lucky ones.
[00:03:27] Vance Lowe: And if people here in the United States would just relax and do their normal thing, they would never feel the crunch. If they wanna raise prices, sell ’em. Demand is what drives everything. If we think the prices are too high, we don’t buy. And if they’re gonna sell products that have to come in on tariffs.
[00:03:46] Vance Lowe: They’re gonna have to lower prices or something before we buy, or we can make it undeliver it right here in the United States. It may be a little bit higher price. It is what it is, folks, because we’ve been living a false economy for [00:04:00] 20 years now, it’s just not real. Even the stock market, in order for it to stay where it’s been, has been subsidized by government and our tax dollars.
[00:04:10] Vance Lowe: Into the billions and billions of dollars. So the herd mentality is going to affect what’s going on here. If we get scared of a certain product or if the news comes out and we believe everything we hear and it’s gloom and doom, then we’re the herd mentality’s gonna act accordingly. What do you think about that, Seth?
[00:04:31] Seth Hicks Esq.: Absolutely. I think you gotta educate yourself and understand what’s really going on. One of the just amazing facts and statistics that I found very persuasive was that the most prosperous our country has ever been was in, when there were no income taxes, there was absolutely zero income taxes. There was no federal reserve controlling monetary policy and all of the.
[00:04:55] Seth Hicks Esq.: Taxable revenue that effectively goes into infrastructure and for the [00:05:00] country came through tariffs, and President Trump talks about this extensively in his campaign running up to the election and then after the election, and effectively shined a light on a really dark, shadowy, nonsensical economic policy in our country.
[00:05:16] Seth Hicks Esq.: Which is there doesn’t need to be any income tax on people that you, the slaves are their backs. That’s about control. It has nothing to do with economic policy of being able to build roads and bridges and put your kids in school. It’s nonsense. It’s brainwashing. So that ties full circle into herd mentality.
[00:05:32] Seth Hicks Esq.: Remember I was sitting in a political science class in college and this professor, this left-leaning leftist professor, and I were debating about taxes. And he was talking to me, what about your roads and what about this? I’m like, our taxes don’t pay for those roads. Those roads. It’s a toll road now. I mean, every time you’d go on the wrong place, they’d send you a bill for 20 bucks.
[00:05:52] Seth Hicks Esq.: So. Anyway, people need to wake up and understand what real solid policy is and what these tariffs [00:06:00] can accomplish, and how it really makes no difference when you’re a private banker as far as weathering price increases or shortages, or you’re in a self-sustaining, self-efficient economy.
[00:06:12] Vance Lowe: I think you’re right.
[00:06:14] Vance Lowe: The federal income tax was put upon us for one specific reason, and that was for control of citizens being able to control all the economic ownership and everything. If the government had its way, we wouldn’t own anything. And with the IRS, they feel like they have the right to take and seize anything they want of ours and have written laws accordingly.
[00:06:37] Vance Lowe: I remember as a. SEC, what’s called an OSJ, office of Jurisdiction. It’s our job to do due diligence on all investments, and it got to the point where the SEC could, if they could come up with a way that we could hurt someone, then we were guilty. We didn’t, it didn’t have to have been done. But if it could exist in [00:07:00] your office, then you are guilty.
[00:07:02] Vance Lowe: And they wanted a, a big fee and a big fine. And everybody listens because the stock market is preached to us every single day. The Dow is up, the dow is down, the s and p is up. The s and p is down, and a few individual stocks as if that is our world and that is our economy folks. It’s not, it never has been.
[00:07:24] Vance Lowe: It never will be. The stock market is there to make government and stockbrokers money, and a few people who know how to actually work the system, they will make money, but the rest of the people have to lose money for anybody to gain. So is the stock market going up? Guess what? We’ve seen Seth, and just the last month we’ve seen a record plunge.
[00:07:47] Vance Lowe: It just plunged in one day. And then it comes soaring back. So we think that if the stock market dives, then our country is in a downs pin. If it’s up, then everything [00:08:00] is okay, but you know, the stock market has never been healthy for a long, long time. And the results you’ve seen is fictitious because it’s been manipulated and propped up.
[00:08:12] Vance Lowe: It’s not healthy on its own, or at least it wasn’t. And everybody’s gotta come back into a reality. And so is that gonna hurt our economy? Is that going to raise prices A little bit, yes. In the beginning, I’m sure it’s going to, the tariffs are going to affect things here in the country. So my question is, and I always ask.
[00:08:34] Vance Lowe: Clients this, do you have money in the stock market? And if they say yes, I ask them if they’re private banking strategists. I go, why? Why would you tie that money up and put it to sleep? Well, maybe they haven’t quite made the conversion yet, because private banking, we wake the money up and put it to work and we learn that putting it in accounts puts the money to sleep for us.
[00:08:57] Vance Lowe: Somebody else has the money. Which means that we [00:09:00] take on risk ’cause we don’t control that money anymore. So, Seth, give me some reasons, maybe I’ve been at this too long. Why do people think they still need to have money in the market?
[00:09:10] Seth Hicks Esq.: Well, a lot of times I think that they’re influenced by statistics which are manipulated and wealth management, and they’re unaware of.
[00:09:19] Seth Hicks Esq.: The fees and the actual real return on the investment being much less than what it’s being purported to be. Sometimes I think people feel like they’re gonna miss out on a higher return. Well, I can make 30% with this amazing real estate investment. The reality is, is that you can’t and you don’t over time.
[00:09:38] Seth Hicks Esq.: So those are some possible explanations, but I mean, it’s more about breaking herd mentality and actually getting into the nuts and bolts of a superior way to get it done.
[00:09:48] Vance Lowe: See this herd mentality is so powerful. People know they’re doing the wrong thing, but yet they still do it because of pressure. One thing that maybe Trump could do is make the stock market [00:10:00] report the earnings accurately.
[00:10:02] Vance Lowe: Yes, the Dow goes up and down and mathematically. That means the average is this or that, but just like cigarettes, they need to put a disclaimer in there that if you smoke cigarettes, it’s hazardous to your health. If you invest in the stock market, you need to understand what yield is,
[00:10:20] Seth Hicks Esq.: right?
[00:10:21] Vance Lowe: Okay, so folks, remember, yield is money actually pulled out actually coming yours and put into your account.
[00:10:29] Vance Lowe: That cannot be reduced. It’s money that now only you control, and it’s not controlled by any other elements. They have those statistics. A lot of people say, well, maybe the average rate of return is the only thing they can report. No, it’s not because they know exactly when somebody gets out because they know what the stock sold for.
[00:10:48] Vance Lowe: They know what they got in for, right? That’s yield after all the fees, and they have to do that after the broker cost and commissions and stuff. And then you have kind of gross return at that point. [00:11:00] Then of course you’re subject to income tax. So there’s a system out there that has been alive far longer than the stock market, and it has a history even today of always 100% of the time, long term beating the stock market on decimal point to decimal point, one of ’em is totally tax free.
[00:11:21] Vance Lowe: The other one, of course, is the stock market, and you have to play all of those games and all that.
[00:11:27] Midroll: Did that story feel like it was about you? Do you feel like you are generating a lot of revenue but are not moving forward as fast as you would like? Do you feel you should be making more progress toward your financial goals?
[00:11:42] Midroll: Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at www.privatebankingstrategies.com.
[00:11:58] Vance Lowe: So Seth, I think we need to get [00:12:00] into the advantages and why this private banking strategy should be really important to you, to our listeners right now, because this is the solution to all this uncertainty.
[00:12:12] Seth Hicks Esq.: Yeah, it absolutely is. I mean, it’s something that works for everybody, whether you’re deep in debt or whether you’re ultra wealthy, mega millionaire. And we talk about some of the main cornerstones and we call them the Seven Pillars, private banking strategies. And you can find those on the front page of our website.
[00:12:30] Seth Hicks Esq.: And for those of you who are gonna stick around to the end of our podcast with us, we’re gonna drop a free gift to you that I think that you’ll really appreciate if you’ve liked the discussion so far. But. Ultimately, I mean, you’ve got complete control of a private banking strategy, whereas when you’re subject to centralized banks and other mechanisms of control, you don’t have autonomy in your decision making.
[00:12:54] Seth Hicks Esq.: And another huge cornerstone is the fact that we don’t have any tax [00:13:00] taxation issues once it inside your banking economy, you don’t pay taxes on money that comes in or out of your banking. So, and that’s by their own internal Revenue Code section 77 0 2. I mean, we can ping pong ideas. We could talk for weeks on values and benefits, but where do you want to go
[00:13:16] Vance Lowe: with
[00:13:16] Seth Hicks Esq.: it?
[00:13:16] Vance Lowe: Yeah. I think what people need to hear and need to understand. It was taught to me and drilled into me when I first got into this 20 years ago by the man who brought it back, r Nelson Nash. He would always quote, it’s not how much you make, it’s all about how much you keep. Then he followed that up. It’s not what you buy, it’s how you buy it.
[00:13:41] Vance Lowe: It makes all the difference whether you’re gonna be financially successful or not. Those two items. Anybody can do this. Anybody can be independent if they understand how money works. The herd mentality does just the opposite of what you should be doing. Years and years ago [00:14:00] when the stock market crashed, every single day, these accounts went up every.
[00:14:06] Vance Lowe: Single day in 2008 when our economy really went in, these accounts went up and that gain on that day was locked in and every day it goes in, those gains are completely locked in. They cannot ever go down. There are guarantees and then there are profits. This is the way, ’cause you mentioned this earlier, Seth, our economy was the strongest and grew the most before we had income tax because during that time it will surprise you.
[00:14:38] Vance Lowe: We didn’t even have banks. How did people do the banking? This is what we’re bringing back. This is it. This private banking strategy was in the United States. The second one became independent. These contracts were held with. Life insurance carriers who were actually formed and created together to perform the banking function and created these contracts.[00:15:00]
[00:15:00] Vance Lowe: Well, we can still create these contracts with these life insurance carriers and carry on that liquidity. We just have to understand what we’re doing and we need to know that. It’s a startup. It’s a long-term type venue. Everybody has to start on day one. By the time they reach year five, they just never look back because nothing is better, nothing will work more.
[00:15:23] Vance Lowe: How would you like to beat the stock market net in the actual dollars every single year? Let me give you an example. During periods of uncertainty, these accounts went up. Like we said before, they always go up. An example might be this year, this is a good year to talk about this. People who are just starting the IBC, it doesn’t work out with what is published by the companies because they are very lenient with cash value buildup.
[00:15:53] Vance Lowe: They try to give you the most cash value buildup at the future expense of what’s called [00:16:00] dividends or profits. And profits don’t come up and be actual dollar for dollar percentage until a. About the fourth or fifth year in that cycle. And for instance, I check all of my accounts except those that have purchased just within the last couple of years, and it’s right on the button.
[00:16:20] Vance Lowe: I’m getting four and a half percent on the old policies guaranteed per day. And on top of that, the dividends this year are five and a half and 6% dividends. On top of that, we add that together. That’s anywhere from a minimum of 9% to 11% tax free stock market has never even averaged that short term. By short term, I mean annually for up to five years.
[00:16:47] Vance Lowe: That’s short term. Okay. They’ve never sustained anywhere close to that. I know, because that’s what I used to gauge our money management by, let alone long term. And I was able to see through one of our carriers [00:17:00] yesterday, they went through the history of their paid dividends through these type of contracts.
[00:17:05] Vance Lowe: And a hundred years ago, they were over four and a half, five and sometimes 6% annual profits. You know, in addition to the dividend. So you owe it to yourself to look into the private banking strategy and get with a group that will actually teach you the banking equation, bringing the actual banking into your life and operating out, versus just trying to sell you a product and then being gone.
[00:17:31] Vance Lowe: Unfortunately, Nelson’s dream out there of having certified practitioners was to teach the people. How to do the banking equation. Well most find out that they don’t get paid for setting up the banking. They do make a commission on some of the premium, on the new policies, and so that’s what they do, and everybody’s out hanging, how do I finance this?
[00:17:52] Vance Lowe: Because it’s all about self financing. Try to make a change in your life for the betters. Tell ’em how we’re gonna do this. [00:18:00]
[00:18:00] Seth Hicks Esq.: Well, like I mentioned earlier, you guys, if you like this content, subscribe to our channel, hit the thumbs up, share the content with other people who are thinking and congruence with us.
[00:18:11] Seth Hicks Esq.: But we have a book that Vance and I author called How to Grow Rich with the Secret That Banks Don’t Want You to Know. And so we’ve talked about some of those little nuggets, but there’s a whole wealth. Of treasure within this book that we’re offering to you guys for free, go to our website, private banking strategies.com.
[00:18:29] Seth Hicks Esq.: That’s Private banking strategies.com. Put your name and your email in and this book will become immediately available for you in an audio or written version or both, and if that’s resonating with you guys. Be on the lookout for the emails that we send, that hit on these type of topics and come with the freshest and newest publications we’ve done.
[00:18:48] Seth Hicks Esq.: If our book resonates with you, if this podcast resonates with you, schedule an exploratory call with Vance. The only place that you can find a link for that is in our emails that come to you. If you’re ready to go. [00:19:00] Schedule that exploratory call with Vance where he can start with you on this stuff.
[00:19:03] Seth Hicks Esq.: Vance, any closing remarks?
[00:19:05] Vance Lowe: No. Um, that exploratory call will prepare you to be able to take this whole strategy for a test drive. That test drive is of no, no fee or no obligation, but you will know once we’ve done that meeting with you, whether you want this in your life or not, I’ll take advantage of that.
[00:19:23] Seth Hicks Esq.: Awesome. Thanks folks. We’ll see you on the next one.
[00:19:26] Vance Lowe: Alright,
[00:19:26] Outro: bye-bye. Did that story feel like it was about you? Do you feel you should be making more progress toward your financial goals? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private bank? Please visit us at www.privatebankingstrategies.com.
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