[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 tax-free fortress for their families.
[00:00:22] 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.
[00:00:41] Eric (Host): Hello and welcome to Private Banking Strategies with Vance Low and Seth Hick. If you are just joining us, this has been a wild ride here. Here’s the thing. We are in part three of, uh, just a three part story that started off so simple, elegant, but simple talking about, uh, a young man who learned about private banking strategies [00:01:00] and how.
[00:01:00] Eric (Host): It could help him finance the vehicles and equipment that he needed for his business. And from there it has exploded. It’s, it’s, it’s amazing to me to see this transition. There are loom videos, we’ll talk more about that in a little bit. But there are loom videos that are, are available to you for free so that you can get those and take a look, because you’ll be able to see the numbers on the screen that they’re talking about.
[00:01:21] Eric (Host): But. The first two podcasts, go back and listen to those. It sets the foundation for everything that’s happening right now. But we are so far beyond financing equipment. It’s, it’s crazy. And today we’re starting with Seth. Seth, you’re gonna pick up the story where we kinda left off on the last podcast.
[00:01:36] Eric (Host): This has exploded into something that I, I’d never imagined. So where do we start today?
[00:01:42] Seth Hicks Esq.: Well, thank you Eric for having us again. This story about Paul bunion and equipment financing is one that really blows people’s mind. He started off with making a $40,000, uh, capitalization of his bank for four years, and where he ends up by the time this is over [00:02:00] is taking, uh, half a million dollars in tax free.
[00:02:06] Seth Hicks Esq.: Retirement money year after year without end, and having $5 million in cash value and over $5 million in death benefit to his beneficiaries From that simple investment, people scratch their head or skeptically say, that’s impossible. But it’s not impossible with. When you get multiple touches on the same dollar, and we alluded to this in, in part one of Paul Bunion Equipment Financing podcast, and, and that’s the way.
[00:02:35] Seth Hicks Esq.: That you create the lift and you’re able to accomplish this type of astounding growth and return. So he used the $40,000 capitalization to fund his bank. Then he took proceeds out of his bank, financed his equipment through his own private bank, and paid himself interest on those loans. Then he began to add.
[00:02:59] Seth Hicks Esq.: To the [00:03:00] equipment purchases until he solely financed all of his own business needs and he was getting one touch with the premium dollar, paid another touch with the loan, uh, to his business, another touch with the actual acquisition of the equipment, and then another touch with the repayment back to his loan.
[00:03:19] Seth Hicks Esq.: So we described a gentleman who did a raw land deal. And had a, a multiple X factor in a, in a cell within a year that’s called a windfall. And when someone has a windfall, they’re gonna be able to fill up the, their bank capitalization up to the MEC line rather quickly, and then they’re gonna have a cash lump sitting there going, how do I get the rest of this into my banking system?
[00:03:45] Seth Hicks Esq.: Well, you do it through multiple policies. You add another policy and you predictably. Forecast what you’re gonna be able to capitalize your bank with. Now let’s take this, uh, home a little bit further. For those [00:04:00] out there who own, uh, an investment property. For example, let’s say that you can purchase an investment property for, uh, a hundred thousand dollars and you’ve got a hundred thousand dollars in in your bank.
[00:04:12] Seth Hicks Esq.: So you finance that through your private family bank and you begin to collect rents and a thousand dollars in rent comes in and you just for simplicity purposes, you take that a thousand dollars that’s not taken into account. Other factors that come into the equation, but then you pay that a thousand dollars back to your bank.
[00:04:34] Seth Hicks Esq.: So you’ve got $12,000 in return cash flow going back into your bank. Next year comes around and you’ve got that capitalization there and those rents that have been there, and you can continue to put that money to work. You can go and buy a second property if there’s enough in your bank, and at some point there will be, there’ll be enough to lever into another property and, and do that.
[00:04:56] Seth Hicks Esq.: That’s more of a longer. Term [00:05:00] sustainable growth as opposed to the windfall type of investment. Now, we talked about crypto as well, Eric, and there’s been a long bear market from 2017 until just recently. Now crypto investors are beating down the door. To fund policies, they’ve, they’re having a windfall event because all of their assets are going parabolic and they’re taking profits.
[00:05:24] Seth Hicks Esq.: So they’re funding these, their, their private banks up to the MEC line and need more, and, and they’re funding those. So you’ve got. Different types of strategies, whether it’s an investment property that’s spitting off a monthly rental income to you, or whether it’s a crypto investment with a a windfall, you’ve got different strategies that really need to be tailored to each person’s individual circumstances or each family circumstances.
[00:05:50] Seth Hicks Esq.: But the principle of getting multiple touches on the same dollar is the same with each of those scenarios I’m describing. Hmm.
[00:05:58] Vance Lowe: Seth, let me jump in here. [00:06:00] You said something that is absolutely. Astounding, but I don’t know if our listening audience is gonna pick it up. So I want to go back to this $12,000 coming in off of the rental property.
[00:06:13] Vance Lowe: Okay? What we’re doing here, folks, what, what the realization is we’ve never actually realized is that I have a hundred thousand dollars invested in the property. It’s at work for me, and it is producing $12,000. A year and at the end of the first year, I have $12,000 in hand now, but I still have my a hundred thousand out there and it’s gonna produce another 12, right?
[00:06:43] Vance Lowe: Mm-hmm. That’s right. Eric, you’re with me so far? Yeah, yeah, absolutely. What do I do? What do I do with the 12,000 in hand? Do I go spend it and waste it or do I put that to work at the same, you know, level? It won’t take very long folks. [00:07:00] For that original a hundred thousand dollars to produce a hundred thousand dollars a year.
[00:07:07] Vance Lowe: If we put it back to work, we reemploy each of those dollars. Now we’re doubling our a hundred thousand dollars. Every year, you know, depending on the ramp up. So he’s talking, Seth is, is, is reiterating multiple touches, but sometimes the understanding we, we think we know what, what he means. Mm-hmm. But what he’s really meaning that’s money back.
[00:07:32] Vance Lowe: If I reinvest it, that’s another touch. If I get money from that, that’s on and on and on. And we get so many touches. Again, it’s, it’s the banking world. It’s all about. Who ends up with the money now? Sorry for my 2 cents worth that, Seth. Keep going. ’cause I like, I like the train of thought here.
[00:07:50] Seth Hicks Esq.: Sure. And you know a lot of scenarios, people will have traditional financing and they’ll use their private bank until they have enough capital in their own bank to [00:08:00] acquire an asset.
[00:08:01] Seth Hicks Esq.: So that $12,000 in hand usually is utilized to go and attack third party debt, which then they, their bank. Owns and they begin to capture that rental cash flow into their own banking system, paying their own bank interest and so on. And then the next year they’ve got another 12,000 and they go attack that, that other financing that they’ve used to lever into the property.
[00:08:25] Seth Hicks Esq.: And if you start to work out these mechanics, as we do with real estate investors all the time, they’ll get creative when how they can use both bank financing and their own private bank. To lever into multiple properties and then attack those third party financing arrangements until they’re not there anymore.
[00:08:45] Seth Hicks Esq.: And here’s just a teaser for another series when we’re, we’re gonna talk about recasting alone and being able to skip. Paying all the interest and an interest and, and a principle curve that traditionally goes [00:09:00] with real estate financing. Uh, a spoiler alert, if you go and look at your, uh, your financing disclosures on your home or an investment property, you’re gonna see you’re paying 3, 4, 5 times the value of the property, and most of that is in interest.
[00:09:16] Seth Hicks Esq.: Well, when you recast a loan rather than refinance a loan, they’re very, very different. You get to skip paying all that interest, and you’re actually gonna be capturing that interest in your own bank. Wow. But that’s a, that’s a side journey.
[00:09:30] Vance Lowe: Yeah. My goodness. Let, let’s paint a little picture here. The average American we know today, uh, when they’re making payments out, money flowing away from us, 34.
[00:09:43] Vance Lowe: A half cents or more now on the dollar is going for interest. We call that headwind. Let’s say we’ve got an airplane and we’re so excited, you know, we’ve just learned how to fly. You know, we take the airplane up for our, our first solo flight, but we forget to check the weather, [00:10:00] and we run headlong into a 340 mile an hour headwind.
[00:10:06] Vance Lowe: Now our plane only goes a hundred miles an hour.
[00:10:10] Eric (Host): That’s trouble.
[00:10:11] Vance Lowe: What’s gonna happen to the plane if we don’t get, we’re going backwards. Don’t get back on the ground. We’re going backwards 200 miles an hour, right? Mm-hmm. Well, the 3,400 or 340 miles, that’s our, our interest with the decimal removed and we call that headwind.
[00:10:27] Vance Lowe: Alright? Hmm. What would it be like if we bought that debt and that payment came into us? What happens folks, is that no longer becomes a he headwind. It’s 180 degree tailwind. Now, picture that airplane up in the air, flying at a hundred miles an hour with a 340 mile an hour tailwind. Now how fast is that plane going?
[00:10:58] Vance Lowe: 400 and yeah. Yeah. [00:11:00] You know, plus, but that’s, that’s not the scope. The scope is double that. What’s minus the, you know, add the headwind and the tailwind. You know, you’re over 800 miles an hour. You’ve made an 800% change in your life. Not a little bit, a huge amount that people don’t understand.
[00:11:21] Eric (Host): Yeah. And, and again, I, I mentioned the Loom video earlier that that goes along with a lot of what these gentlemen are talking about.
[00:11:27] Eric (Host): You’ve gotta see it. So we’re gonna take a quick break. It’s gonna give you some contact information of how you can get that loom video and follow along with the numbers in front of you so you can kinda see what these guys are talking about. It’s, it’s, it’s amazing.
[00:11:42] Midroll: Do you see yourself in that story? Do you feel like you are generating a lot of revenue but are not moving forward as fast as you would like? Are you ready for help? Please call private banking strategies at (817) 200-4777 [00:12:00] or visit us at www dot. Private banking strategies.com.
[00:12:14] Eric (Host): All right guys. I know that this is the third podcast of, of this story, and as we’re wrapping this story up, the, the inevitable end is coming, which is, which is a good thing retirement, right? So you guys are gonna touch on what retirement looks like for this, this young man who started years ago financing equipment.
[00:12:31] Eric (Host): But I know that it’s not just his story. There’s a lot of people listening to this that are approaching retirement very quickly. And this can be part of their story too. So I, I’m really excited to hear kind of how this all works, that you touched on the, the 401k issue on the last one, just barely. And Seth, I know that you’re gonna kind of dive into that a little bit more and, and what this looks like compared to the markets, compared to 4 0 1 Ks and all, all those other things.
[00:12:54] Eric (Host): So let, let’s hear it. I need to, I need to understand what this guy had at, at retirement. [00:13:00]
[00:13:00] Seth Hicks Esq.: Well, that’s what blows your mind with this is that that compounding growth and tax-free growth creates such, such a tailwind that he’s able to effectively pull out $500,000 a year. And this is a 30 5-year-old illustration.
[00:13:17] Seth Hicks Esq.: So in today’s numbers we’re talking, you have to adjust that for inflation. Andy’s got a, a massive corpus for his beneficiaries. What the number one fear of retirement age folks out there according to statistical analysis? That they’re not gonna have enough money Yeah. To, to make it through the rest of their life, and that they’re gonna run outta money when they need it most, or they’re gonna have these unexpected medical care issues.
[00:13:45] Seth Hicks Esq.: Not have that, uh, nest egg preserved and protected from risk. And what this strategy, private banking strategies does is it allows you to be able to access that liquidity at any time without penalty and without. [00:14:00] Uh, any taxation. So that’s very, very different than your 4 0 1 ks. Your, your 4 0 3 Bs and other general retirement programs, which have hefty taxes.
[00:14:13] Seth Hicks Esq.: And in fact, you and I, Eric or Vance or any of our listeners out there, cannot tell what that tax rate will be when they’re gonna be pulling that money out and they don’t. And if there’s tied to the markets, they don’t even know what’s gonna be there. So to me. That is not, you know, a predictable strategy that someone can bank on that’s just hope for the best.
[00:14:37] Seth Hicks Esq.: And, you know, hope it all works out. And when you’re 65 or 70 years old, from, from the friends and the family and the clients that, that I have, they don’t wanna hope for the best strategy. They want a rock solid, a secured, predictable plan that they know, you know, where they’re gonna be. Where they’re gonna be sleeping, where, how much money they’re gonna have, and, and [00:15:00] how they’re going to provide for themselves in that, that critical time.
[00:15:04] Vance Lowe: Yeah. I, I, I wanna make a comment on that. I, I agree with that a hundred percent. Security is number one. We’ve lived a lifetime. The baby boomers have lived a lifetime with, well, what I call exotic investments. It’s okay to take risk here, and we got away from the safety. Factor now that we’re getting close to retirement at what nest egg we have, we want it locked solid.
[00:15:31] Vance Lowe: There is no risk in these contracts. The life insurance industry, you know, are the industry, which is the safest industry on the planet in our lifetime. We haven’t had any. Cash values lost from failure of a life insurance company. They have to maintain what’s known as a hundred percent cash reserve on all of their cash value.[00:16:00]
[00:16:00] Vance Lowe: So if the company gets crosswise. Other companies are there to, to scarf it up. They’re mm-hmm. They’re gone in a day. So the, what he’s talking about here is just really ironclad. And that reminds me of, in Nelson Nash’s book. Yeah. There’s five principles that, uh, you live by, and this is a funny one. It’s called the Willie Sutton Law.
[00:16:23] Vance Lowe: If you look back in history, Willie Sutton was a famous bank robber. And he got caught. And you know, he got interviewed and he was asked, well, Willie, why do you rob banks? And he hit his head and he said, duh, that’s where the money is. So when we’re talking about 4 0 1 Ks and we’re talking about investments that have risk, Willie Sutton’s out there, and if he can steal our money, if he can take our money, if government and the IRS can take our money, they will.
[00:16:55] Vance Lowe: That’s the fear that Seth here is talking about. I’m gonna run [00:17:00] outta money, or somebody’s gonna take it from me, or I’m gonna outlive it. So I thought I’d just add that, uh, comment in. But I love where we’re going.
[00:17:10] Eric (Host): Yeah. And, and I know that this isn’t something Vance, you’re not saying these things, you know, to be a fearmonger or try to implant fear into people.
[00:17:17] Eric (Host): Let’s just look at the reality of what’s happened in this last year. The pandemic hit the markets, you know, took a, a serious dip, 30 some odd percent in just a couple months. Yes, they have come back, but what happened to those people that retired right before that? It, it’s not that it came back fully to their accounts.
[00:17:33] Eric (Host): I mean, they took a, a large hit, uh, plus. Look at all the money that the government has poured into the country through stimulus. Okay? Yes, it has been extremely helpful. But Uncle Sam is not benevolent. He, he’s gonna want that back and bottom line is that we don’t know what taxes are gonna be like in the future, but I think everybody listening to this, if you ask yourself the question, are taxes gonna go up or taxes gonna go down in the future, they have to go [00:18:00] up.
[00:18:00] Eric (Host): I mean, they just have to go up because that’s what Uncle Sam wants. He needs that money back, or he wants that money back at least. So I love the fact that you bring those things up.
[00:18:11] Vance Lowe: So why on earth, you know, when it comes to, I call it hurt mentality, why on earth would we want to postpone. Paying taxes on a lower percentage today and pay a much higher tax in the future.
[00:18:25] Vance Lowe: That boggles my mind,
[00:18:27] Seth Hicks Esq.: and that’s what I was talking about before, is you’re, you’re gonna pay taxes now or later or both. Mm-hmm. And here’s the, the, the sad reality is that our current administration have already promised that there’s gonna be increased taxation of Americans and they. Try to sugarcoat it, saying it’s gonna be, you know, large corporations and the ultra wealthy, but we both, all of us know that’s not not the case.
[00:18:53] Seth Hicks Esq.: This is gonna be the most expansive expansion of government since Roosevelt’s New Deal campaign in the [00:19:00] 1930s. And you mentioned the COD omnibus bill and stimulus going out. Consider these particular statistics right now. There were millions given out in this last stimulus bill that were, uh. Pork belly, there were eight 86 million given to Cambodia.
[00:19:17] Seth Hicks Esq.: 130 million to Nepal, 135 million to Burma, 453 million to the Ukraine, 700 million to the Sudan, 25 million to Pakistan, and and the list goes on and on and on the Kennedy Senator. Eric was given $40 million for quote, the necessary expenses for the operation, maintenance and security of the Kennedy Senator Center, and it already had received another 25 million bucks in a prior COVID-19 relief bill.
[00:19:45] Seth Hicks Esq.: And here’s the kicker, the Kennedy Center, it’s been closed the entire time. Wow. $65 million in handouts. So what, what am I talking about? Why am I, why am I saying that? Um, we’re talking about [00:20:00] extravagant waste. Extravagant waste by our current government that is going to be paid for by someone who, who is that someone gonna be, they’re going to get it out of American taxpayer pockets, but here’s the silver lining.
[00:20:18] Seth Hicks Esq.: You don’t have to play in that sandbox. You don’t have to play by those rules where you go, well, how, how can I not play by those rules? You implement private banking strategies, you fund your private banks. It’s tax free grows and compounds annually, year after year. There’s no reason to wait. The longer you wait, the more tax you’re gonna pay.
[00:20:38] Seth Hicks Esq.: So that’s why we’re giving these examples to, to drive this home and, you know, go out there and do some inter internet research on extravagant, wasteful spending by Congress. And these, they’re evil handouts. They’re to special interest in political groups that have no benefit for the American people.
[00:20:57] Seth Hicks Esq.: Whereas what Vance and I are trying [00:21:00] to bring to the people is a rock solid foundation to help. The American people.
[00:21:06] Vance Lowe: Yeah. So, so Eric, picture this, you can retire with a, a life of worry, you know, developing ulcers and everything, wondering what’s going on, or you take the situation in your own hands. And picture a life where you don’t have to worry.
[00:21:25] Vance Lowe: You’ve got what you’ve got. It’s gonna multiply, the money’s gonna come back, and you don’t have to worry about the income that’s coming in anymore. It’s done. It’s, it’s not gonna be controlled by government or anyone else. You can control your own destiny.
[00:21:42] Eric (Host): Yeah. That’s a beautiful picture. I like that a lot.
[00:21:45] Eric (Host): All right guys, so I mean, we’ve talked about his retirement. It sounds absolutely amazing and beautiful and I’m sure it it was with his situation. But let me ask you this, I, I think every parent out there and grandparent out there also wants to, [00:22:00] you know, make sure that the legacy lives on, right? So his retirement was great.
[00:22:03] Eric (Host): What, what happened when he died, because I know there’s some death benefit possibilities too. Correct.
[00:22:08] Vance Lowe: Oh yes. Uh, great question. Remember that this young man had a great mentor in Nelson Nash and Nelson Nash taught him, and as soon as the young man realized that he didn’t know as much as he thought he did about money, he was very teachable.
[00:22:25] Vance Lowe: And so a system was set up so that this could be a perpetual bank for this young man’s pos, you know, posterity his, his, his kids, his grandkids, and whatever else, just like Nelson Nash himself. Just like I’m trying to do, you know, with my kids, we’re setting up multiple policies again on the younger generation.
[00:22:49] Vance Lowe: So when this individual dies. There’s three, or excuse me, five to $8 million that’s gonna come in [00:23:00] to the family bank income tax free. That’s gonna fund a whole bunch more policies. Oh, good grief. That’s gonna pay off a lot of debt.
[00:23:08] Eric (Host): Wow, that’s, that just blows me away. I just, I forgot I was just with you guys, but I forgot that there was policies on, on much of the other family members and things that, I mean, that’s how you can set these things up to create the overall bank, but then the, the, the money coming from his own death benefit on however many policies, let’s say he just had the one on himself.
[00:23:31] Eric (Host): I mean, that, that, that’s amazing. To be able to then continue to fund the bank, multi-generational. That, that, that makes me happy. I’m a grandfather, guys, you know, so I love that.
[00:23:41] Vance Lowe: And you get, you just get in, you get through the first, you get through the first generation. Wow. With what we’re explaining here is the Rockefeller strategy guys.
[00:23:50] Vance Lowe: This is exactly what they lived. You know, they, they formed a committee. He never gave them, you know, any inheritance. He gave access [00:24:00] to money. Yeah. And so in this case, you know, the older generation is gonna live off of the interest and income tax free, but everything is set up through trusts and multiple policies so that.
[00:24:15] Vance Lowe: Everything passes on and refunds one of these days. I’ll tell, you know, we, if we’ve got time on the podcast, I’ll tell you Nielsen’s N’s story, you know, after he died. He just died, uh, about a year and a half, two years ago, and we got to hear his, his story and set up and it falls along this very long. Line, but it goes into great detail.
[00:24:37] Vance Lowe: But that’s the results. He has assured that this legacy is gonna go on because he’s not gonna pass the money out. He’s going to give them access.
[00:24:47] Seth Hicks Esq.: Now I wanna, I wanna contrast that real quick, Eric. Yeah. Now think about this. Okay. There’s so-called financial gurus out there, and I’m gonna just go ahead and pick a fight.
[00:24:57] Seth Hicks Esq.: One is Susie Orman. Mm-hmm. She’s [00:25:00] an supposed American financial advisor and she’s worth probably 50, $60 million according to her own representation in a New York Times interview. She was being interviewed. By this writer, and she was extremely concerned that half. Of her wealth, half of that 60 million, or perhaps anticipated, I think at a hundred million by the time she died, would be cut in half and taken from her beneficiaries.
[00:25:30] Seth Hicks Esq.: And I, I just scratch my head and I, I, I shake my head and go, it, it’s unbelievable that supposed financial gurus can’t figure out a way to keep $50 million. We just told you how. You cycle it through your own private bank and there’s a legacy value that has tax free transfer to your heirs. And by the way, it’s asset protected.
[00:25:54] Seth Hicks Esq.: So your creditors, if you happen to incur any, can’t touch it. And, and [00:26:00] in the right states or if properly structured, and likewise with your beneficiaries, if they happen to create some type of liability in the right states or if it’s structured properly with the right legal structure, their creditors can’t touch it.
[00:26:14] Seth Hicks Esq.: So. Not only Suzy Orman had this problem, but Prince, he had a $200 million estate. Yeah. Or the, the, the, you know, the artist, formerly known as Prince, $200 million State was a Minnesota resident between Minnesota and the federal government. They took almost 60% of that $200 million. And if he would’ve been properly structured in a private banking strategy, they’d have kept that, all of that in in, in the house.
[00:26:39] Seth Hicks Esq.: Yeah, in the family.
[00:26:41] Eric (Host): Yeah. And I just, I know we’re wrapping up today’s podcast, guys. I, I, again, I thank you so much for your time and, and all the information. Vance, you said a word in, in the last part of what you were saying that we haven’t even, I, it just makes me understand more that we haven’t even scratched the surface of what you guys have to offer.
[00:26:59] Eric (Host): [00:27:00] You said you were talking about a trust. We haven’t even talked about trust yet, so I’m really looking forward to hearing more about that and how those are incorporated into this overall strategy. But that’s for another day. Guys, again, thank you so much for your time. It was fantastic. Do either one of you have any closing thoughts for today’s podcast?
[00:27:18] Vance Lowe: I just want to have everybody keep in mind as you’re going through the podcast is we’ve introduced this elephant on the table.
[00:27:26] Eric (Host): Mm-hmm.
[00:27:29] Vance Lowe: Pretend you’re a blind man and you’re trying to describe what an elephant looks like, you’re gonna have to feel it, you know, and you feel a tail, and you feel an air, you feel a leg or whatever else.
[00:27:41] Vance Lowe: Uh, you have to come to know this animal. You have to come to know all of its parts and everything else. And so that’s what we’re, that’s the road we’re going down. This is an education that was denied us.
[00:27:52] Eric (Host): Yeah. So
[00:27:53] Vance Lowe: this is what we’re trying to not anymore bring to the table.
[00:27:55] Eric (Host): That’s right. Yep. Not anymore.
[00:27:57] Eric (Host): This is what you guys are doing. This is your mission [00:28:00] and I appreciate it so much. So again, thank you guys, uh, for your time. And of course our last thank you always goes to you, the listening audience. Thank you so much for tuning in and listening to the Private Banking Strategies podcast with Vance Low.
[00:28:11] Eric (Host): And Seth, if you have not subscribed to the podcast yet, please click the subscribe now button below this way. When Vance and Seth come out with a new podcast, it’ll show up directly on your listen device. This makes it much easier to share these podcasts with your friends and family. And again, here’s the thing.
[00:28:24] Eric (Host): Share this with them. If, if you are trying to, you know, feel out this elephant trying to to figure this thing out, share the podcast with somebody else that you would love to strike a conversation with. Because when you two get talking, you’re gonna come up with more questions between the two of you to.
[00:28:40] Eric (Host): And you’re gonna listen to the podcast more, you’re gonna reach out for those resources like the Loom videos. You’re gonna want to come in contact with Seth and Vance and say, Hey, look, let’s talk about this because I wanna understand more. So it’s a great thing to share. Again, thanks for listening today.
[00:28:54] Eric (Host): For everyone at Private Banking Strategies, this is Eric Johnson reminding you to live your best day every day, and we’ll see you next time.[00:29:00]
[00:29:06] Midroll: 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 call private banking strategies at eight one seven. 204 7. Seven seven or visit us at www.privatebankingstrategies.com.
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[00:29:53] Intro: The content has been made available for informational and educational purposes only. The content is not intended to be a substitute [00:30:00] for professional investing advice. Always seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your investment planning.