[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.
[00:00:21] 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.
[00:00:48] Host: Hey everybody. Welcome to another edition of the Wealth Architect Podcast. I’m your host, mark Yge, and I’m really glad you’re here today. We have an interesting guest today that has some really interesting perspectives on some cool topics [00:01:00] that I know you’re gonna want to hear about. Things of like asset protection, self financing, your automobile.
[00:01:05] Host: You know why you may or may wanna not want to have a 401k. We’re gonna try to get a lot of these. Topics in for you today, because they’re not normally what we talk about on the Wealth Architect Podcast, but they are important and you should know about ’em. We have an expert in the financial markets, stocks, bonds, 4 0 1 Ks, other retirement vehicles, and he’s the CEO at private banking strategies, and he’s got a keen awareness of market risks and dangers that put.
[00:01:29] Host: Clients’ money and retirement funds at risk, which we don’t want to have happen. And he’s discovered the age old secret to the ultra wealthy. And you’ve heard us talk about it kind of before, but that’s that we should be our own bank. Right? So let’s welcome Vance Lowe Vance, welcome to the show.
[00:01:46] Vance Lowe: Thank you so much for giving me the opportunity to come in.
[00:01:49] Vance Lowe: It’s just a great, fun way to discuss. Issues that bother us that we may be concerned about. Maybe government a little bit, [00:02:00] but getting back to some old school basics as well that we might have left off. So I am just thrilled to be here.
[00:02:08] Host: Good. We’re glad to have you. And, and let’s start off the top. You know, right now we’re in the middle of a banking crisis, or at the beginning of a banking crisis, or at the end of the banking crisis.
[00:02:16] Host: Depends on what strategy and perspective you have. So let’s just start off controversially by talking about that. What do you think is going on? Just this week, we’ve had three banks fail, and the Fed is bailing those banks out like we knew they would. What do you think of all that?
[00:02:32] Vance Lowe: Well, I think it’s the tip of the iceberg.
[00:02:35] Vance Lowe: I think our banking system has done some things to us for some time. I believe it all occurred when the Federal Reserve first was sanctioned by our government. I, I like to tell people this, in 1900 America lost a war. We don’t know we lost a war, but we did. Sure. And the Federal Reserve took over at that time and they, they [00:03:00] mandated three things.
[00:03:01] Vance Lowe: It was the Federal Reserve that mandated the IRS brought in the IRS to control our assets. It was the Federal Reserve that put in Social Security, the National Ponzi scheme, so to speak. And then I think the worst case. Is they mandated. Education took over the schools, government, schools now, and we have what we have today.
[00:03:29] Vance Lowe: So they rule behind the scenes, you know, let the government take all the, the heat, the pressure. But yeah, if, if you do things wrong, if you try to create things out of thin air, pretty soon it catches up with you. It has every country. Guys, if you really wanna see what’s gonna be happening in America, we just need to look at Venezuela.
[00:03:56] Host: Yeah,
[00:03:56] Vance Lowe: Argentina. And we’re, it’s almost the [00:04:00] playbook here. I don’t know. Everybody goes by this, these rules, oh, we have to do this next, you know, and and so on. So, you know, I really think we’re in for something.
[00:04:11] Host: I read a book, a fascinating book last year about Zimbabwe, and I knew the whole story about Zimbabwe.
[00:04:16] Host: They just kept adding zeros to the bills. And I actually have a, a $50 million bill from Zimbabwe. I have two of them, so I, I’m a hundred millionaire, right? ’cause I’ve got a hundred million dollars worth of Zimbabwe dollars. But I found it interesting when I looked at those, they have an expiration date.
[00:04:33] Host: Which is really to me, and we can even talk about this, is the precursor to a central bank digital currency, which the, you know, the Fed is probably gonna be introducing very quickly. And that’s just the beginning of the end of them controlling how much money you can have. And if you have the right opinion, and if you have the right opinion, then you can get at your money.
[00:04:51] Host: And if you don’t, then you can’t, you know, if you use too much, you know, we’ll see. It’s hard producing meat or something, you know, the, you know, I don’t know what’s gonna happen, but [00:05:00] it’s, it’s not gonna be good.
[00:05:01] Vance Lowe: You know, it’s, it’s people like yourselves, and this is why I’m so thankful for you and your services is helping the people understand we can’t allow a digital currency.
[00:05:13] Vance Lowe: And here’s what people don’t understand. They really do have power. I found that in the state of Texas, if you call your representative, your, your congressman, you represent X number of zero people. And it starts as low as 10,000 people. That’s the lowest. But in some circles, especially in things like this, you make a phone call, you are representing over a hundred thousand people that think like you.
[00:05:43] Vance Lowe: So if you get you, your friends, other people. Calling saying, look, not only do we not want you to go to digital currency, how about going back on a, a gold standard? This will really get ’em.
[00:05:55] Host: Yeah. Right. Good luck with that. But you
[00:05:56] Vance Lowe: know, go back on a gold standard. Get, you know, get your [00:06:00] act together and, ’cause we’re not gonna put up with it.
[00:06:04] Vance Lowe: You won’t believe what, you know, how, how it’ll scare ’em else.
[00:06:07] Host: Don’t you think going back to a gold standard will just open us up to more of the same. Because we always, no matter when there’s ever been a gold standard ever introduced in humanity, they’ve always gone off the gold standard. Right, right, right.
[00:06:19] Host: So it could, could basically create more of the same, I don’t know. That’s what I’m afraid of. But we shouldn’t let any kind of central bank digital money come into play, but they’re gonna say, Hey look, all these bank failures, it would’ve been a lot better if we had C BDCs and we should implement them as soon as possible so that we don’t have these failures anymore.
[00:06:35] Host: And the Fed just prints money out of thin air to, to rescue all these places. Right.
[00:06:40] Vance Lowe: Well, you know, we’ve gotta point out who caused the problem and we can’t leave it in their hands. No, you, you know, we’re not gonna let the people who cause the problem try to solve it. Yeah. Well we always have. We always have.
[00:06:53] Vance Lowe: So, and, and, and we deserve what we get.
[00:06:56] Host: Yeah,
[00:06:57] Vance Lowe: that’s what I’m, that
[00:06:58] Host: brings me to a question, Vance, and that [00:07:00] is, that is, you know, what, what is the next currency? Is it a, is it a cryptocurrency? You know, there’s 20,000 coins out there and there’s Bitcoin. Is it, is it a gold back dollar? Is it A-C-B-D-C? That is more fiat money printing.
[00:07:11] Host: What do you think?
[00:07:13] Vance Lowe: You know, I really don’t know the answer to that. It could be anything. What I’m concentrating on is what if we don’t want to play that game? Okay. What if we don’t want to participate? Is there an environment? Is there an economy? Is there a way to do that? I say there is, and this is what I think our government and banking and the IRS don’t want us to know.
[00:07:41] Vance Lowe: And I think we need to get this information out. We go back and we declare our independence and we live our own lives. We have ways. Right now I’ve got probably close to a thousand clients who live in an environment that do not create any legal taxable events [00:08:00] inside their economy. So if we can go back to that with what.
[00:08:06] Vance Lowe: Our, our country had what made our country so strong. And it, it’s, it’s as simple as. Hey, people used to getting covered wagons and go out west where Wild Indians and no settlement. And they would survive, wouldn’t they?
[00:08:20] Host: Yeah. Yeah.
[00:08:21] Vance Lowe: It’s because they knew something. They knew how to survive. They knew how to run their own family unit, their own individual units for that success.
[00:08:32] Vance Lowe: Those that didn’t. Yeah, they fell by the wayside.
[00:08:35] Host: Wait a minute. I thought, I thought the government had to take care of us. I had to thought the government told us how to run our families and run our education and run our companies and tax us to do it and run and, and, and pay for other countries on top of it.
[00:08:47] Host: I thought the government was the answer to everything.
[00:08:49] Vance Lowe: That’s why that’s the new education. You, that’s it. It’s the same thing with children, vaccinated versus non-vaccinated. It isn’t that the non-vaccinated [00:09:00] are 10% or 20% healthier. There are over a hundred times healthier. Isn’t that something than children who have gone and taken all their shots and been vaccinated?
[00:09:13] Host: Yeah.
[00:09:13] Vance Lowe: Our own immune system is superior to everything, but it needs to be exercised. Kids need to get sick as their child, as little kids, little teeny kids. They gotta get sick, go through everything, and they become the most healthy people on, on the planet. Oh, you know, you know the opposite. So, and that’s what’s really facing us right now is a deep population of America.
[00:09:39] Vance Lowe: So it’s, it’s frightening. The banks are, have come in and I, I thought this is how they would handle it. They would turn around, they don’t wanna introduce the Dodd-Frank Act just yet. However, they socked it to the stockholders. Sure. The stockholders get nothing. [00:10:00] And you know, here’s what’s really funny. The presidents, all the, all the employees, the vice presidents of that bank went ahead and paid all their annual bonuses.
[00:10:11] Vance Lowe: They paid out themselves a hundred percent. They went to their top clients. They told them to get their money out. I mean, officially, do I know of some of this? It’s not in print, but you can see it. You can see, I forget who, I’ll, I’ll remember in a minute, but he had all of his, his stock and money in that and they, you know, he got it out, you know, a couple of months ago, just, just recently.
[00:10:36] Host: And management sold off a lot of stock right before. Oh, yeah. And all their was exploded. And Silicon Valley Bank is the bank we’re talking about. So. I’m a believer in Bitcoin and you know, I don’t necessarily know if it’s gonna replace everything or anything, but I think it certainly is a viable option to sit alongside.
[00:10:54] Host: You know, of some of the other currencies that we, we quote here, it’s the only currency with [00:11:00] scarcity. The other ones have an unlimited scarcity, including all the fiat systems that I’ve ever been created. This is the first truly scarce asset. Certainly that acts as a currency. So will it sit. Next to the dollar in the future and maybe act as a store of value and the dollar will kind of be your checking account while Bitcoin is your savings account.
[00:11:18] Host: What do you think of something like that?
[00:11:20] Vance Lowe: Well, again, right now, government’s not controlling the Bitcoin.
[00:11:25] Host: That’s right.
[00:11:26] Vance Lowe: And if government can’t control, they will do everything they can to destroy it. Yeah. And you, you know, kind of how that, that’s going on right now. So I, I agree with you. It could be. You know the solution, if we could keep that independent, if we could stop all the new coins, that that’s a problem because there are a ton of coins out there that are trying to enter the market that are not legitimate.
[00:11:56] Vance Lowe: And people, you know, will buy some of those and everything. So you, [00:12:00] you’ve gotta have some regulation there, I think. But it sure could, you know? Yeah. I’ve got a lot of clients. 100% trading in Bitcoin.
[00:12:11] Outro: 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?
[00:12:22] Outro: 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 home private bank? Please call private banking strategies at (817) 200-4777 or visit us at www private banking strategies com.
[00:12:47] Host: Let’s shift gears a little bit and talk about.
[00:12:50] Host: Retirement. ’cause that’s a big deal for us. And I, I think you have a concept when it comes to automobile ownership. Talk. Talk to us about that and why that’s so, so [00:13:00] important.
[00:13:01] Vance Lowe: Well, it’s an example of what we have to do.
[00:13:05] Host: Okay.
[00:13:06] Vance Lowe: I take a lot of my education and learning from R Nelson Nash. He was my mentor and tutor, and he is the one that started the Infinite Banking Foundation.
[00:13:18] Vance Lowe: And our spinoff on that. We, we call ourselves private banking strategy. Hmm. But that’s a good illustration of how money works. We have to understand what money really is. First of all, the common individual doesn’t know even people in six and seven figure income. Yeah. They’ve been lucky or they’ve done this, they’ve, you know, and now they’ve got a lot of money coming in and they’ve got.
[00:13:44] Vance Lowe: Money working for them. See we’re, you’ve got the person who works for money and you got the person who has money working for them. Mm-hmm. And you have to have the money working for you. Even, even a, a low paid blue collar can [00:14:00] turn his world around in a heartbeat. And have his money working for him if he puts the banking equation back in people’s lives.
[00:14:08] Vance Lowe: And you mentioned this earlier, and this is the crook of things. Let’s do car financing. Let me give a good example here for everybody.
[00:14:15] Host: Yeah.
[00:14:16] Vance Lowe: Let’s say you have a car and you financed it. And I would like to make an announcement and, and throw out a question and ask how many people don’t have a car payment?
[00:14:29] Vance Lowe: And all those who raise their hand, let’s laugh with them and call ’em liars. Okay? Because you’re still driving and what the banks have taught you how to do is say when you get done with that car payment. You’re done with car payments, you can shift that payment over to something else. Okay. But they didn’t get the money back.
[00:14:52] Vance Lowe: Banking is all about getting the money back, right?
[00:14:55] Host: I suppose. Sure.
[00:14:56] Vance Lowe: So all we have to do is show people how to get back [00:15:00] 100% of their monthly expenses every month, just like the banks, but they have to incorporate that there’s, there’s things that missing Banks never don’t get the money back. Right. They always get it back.
[00:15:15] Vance Lowe: And there’s a reason for that. Number one, it’s always lent, right? Mm-hmm. Number two, if a client or an account goes bad, a lot of people, well, they could lose money that way. Why are banks failing this? This is not why banks are failing, okay? They’re failing on a magnitude of other problems.
[00:15:35] Host: Sure,
[00:15:35] Vance Lowe: collateralized, you know, they want 10 times the collateral.
[00:15:40] Vance Lowe: Before they’ll sign any type of business loan. They want to own your receivables. They want to own all your assets, okay? They wanna own your children, your grandchildren, all in collateral.
[00:15:52] Host: So what’s the solution there?
[00:15:54] Vance Lowe: So the solution is, is. If you’re gonna put a hundred percent of your money in someone else’s [00:16:00] bank and let them profit off of it, switch that to yourself.
[00:16:04] Vance Lowe: It doesn’t mean we can give up banking ’cause we still have to do bill pay and everything else. I’m not talking about that. Okay. I’m talking about where our money resides. So if we set up our own system, then we can do the same thing that the banks are doing. And lemme give you a good example of why we finance every single thing we purchase.
[00:16:25] Vance Lowe: We were taught as kids, the best way to get through life is to pay cash for everything, right? You know, but that’s financing right there because we give up the interest we could have earned on that money for the rest of our lives, and it puts us back to zero. And that’s the bank strategy for all of us, is to get back to zero, go into debt, buy your car, almost get it all paid off, so you’re at zero again.
[00:16:53] Vance Lowe: Then go finance another car. Hmm. Or save it up until you [00:17:00] got enough money to pay the car. Now take your money, pay for the car. Okay. Now you have to save up for the next car. Everybody has a car payment. Okay? But if you were to self-finance it, then you would make the profits and everything. So lemme give you an example.
[00:17:18] Vance Lowe: I’m the finance company, low Financial Services, and I do this all day long. I really do. You have an existing car loan and the balance on the loan’s about $10,000, but your monthly payment is 500. Okay? So I just 10,000. Okay. That’s what I would have to come up with to buy the loan. The monthly payment is 500.
[00:17:40] Vance Lowe: That’s good. And the interest rate we’re gonna say is eight and a half percent. I would buy this debt in a heartbeat, and when I asked. People. Why? Everybody goes, well, you’re gonna make that eight and half percent. And then I ask ’em, what would happen? Do you think my motivation would [00:18:00] change if the interest rate was zero?
[00:18:03] Vance Lowe: Oh, well, sure. Why would you even do it then? It wouldn’t even hinder my motivation, folks. Now why
[00:18:09] Host: is that?
[00:18:10] Vance Lowe: Here’s why there’s two numbers left and it’s called velocity. Volume of return. So let’s do the math here. I’ve gotta come up with $10,000. I gotta put $10,000 to work. What am I gonna receive monthly on this deal?
[00:18:28] Vance Lowe: 500 a month. Mm-hmm. Times 12, that’s $6,000 a year. If I wanna find out what my volume rate of return is, I divide the annual volume $6,000 by my money at work. Is a 60% volume rate of return high enough for you?
[00:18:46] Host: I don’t know what to compare a volume rate against.
[00:18:49] Vance Lowe: Okay. It’s money back. In your control. It’s now in your hand.
[00:18:53] Vance Lowe: It’s a second touch. Okay. Alright. What can you do with that $6,000 now, right? You buy [00:19:00] more debt at the same rate? 60% is about the average. Okay. In other words, we, we can double. Assets about every two and a half years without any risk except that guy looking back at you in the mirror. So, self-financing cars, there’s different ways to do it.
[00:19:18] Vance Lowe: You can look on our, on our websites, we have little podcasts and everything that really go into detail on how people can, can self do this all different ways.
[00:19:29] Host: Okay. That’s interesting. Okay, let’s shift gears in our remaining time too. How do you pay zero tax on your investments and the growth that you have in your investments?
[00:19:38] Host: Okay. I know that’s something you talk about, right?
[00:19:40] Vance Lowe: So it’s it, we just continue then, okay, now we got $6,000 backing in. ’cause I’m, let’s say I’m self financing it. One of the things we have to recognize whenever we start and run a company. We have to also be a client of that company. We can’t steal from our company.[00:20:00]
[00:20:00] Vance Lowe: If you do the research, the number one reason businesses fail ’cause they steal from themselves. Hmm. This is why Nelson puts this famous grocery store story in his book, the Grocery Store mimics a family’s life.
[00:20:20] Vance Lowe: Owner’s family goes and shops at the store, but goes out the back door instead of through the cash register. That grocery store will fail every single time. Number one, employees will seem and feel like they’re entitled and one can of peas, and this is back when he wrote the book Stolen. It takes 20 cans of sold peas to replace one can that’s stolen.
[00:20:48] Host: So at a 5% margin, which is about what? What real, what grocery stores make. Okay.
[00:20:52] Vance Lowe: So once the money comes into our control, under our economy, we’ve already paid tax on it. [00:21:00] Now I did this to myself. I took over, I bought my own debt, I set it up. I kept paying the $500 a month and I got the 6,000 bucks back.
[00:21:11] Vance Lowe: Okay? And I’m ke keep doing it. There’s no taxable event right there is there,
[00:21:15] Host: right? ’cause it’s a return of payment on a loan, right?
[00:21:17] Vance Lowe: So if you have a bank and you have a client, there’s no taxable events between the two. Okay, so you can double assets as much as you want. It’s the volume of return. It’s the new money coming in that has to have tax on it.
[00:21:37] Vance Lowe: Okay, where can this money reside? Well, what if we resided in those old banking contracts with those life insurance carriers, those mutual companies, those particip, you know, the ownership companies where all the policy holders are, are owners. Sure it’s all tax free unless you wanna be taxed and you break the rule, all the growth, everything in there, every day.[00:22:00]
[00:22:00] Vance Lowe: It always is a plus. You’re always better off than you were the day before. Yeah. So that’s where you store your wealth. But here’s the other thing. When you go to use it, like if you, Hey, I just, I just found a duplex. I could go buy pennies on the dollar. I pull my money out of there. Okay. And. I’m not pulling my money out, I’m borrowing against it.
[00:22:20] Vance Lowe: I’m leveraging it so everybody, all your clients know pretty much leveraging and everything else. You’re not taking your money. You own the company now. You can’t steal from it, so you’re gonna pay a little bit of interest, but your money’s still gonna earn those guaranteed rates. Plus the profits. Now you’re gonna go make your deal and you’re gonna make those profits as well as the money comes back in.
[00:22:41] Vance Lowe: It’s a second, a third, a fourth touch. Hmm. If you spend a dollar and you say, Hey, this dollar’s worth it. I just put $20,000 on a car and now I own the car, that money now is gone for me forever. You have to go re-earn it and don’t make this mistake, folks [00:23:00] thinking that for every dollar you spend that you lose control of, it’s only gonna cost you a dollar to replace.
[00:23:07] Vance Lowe: The minimum will be $2. ’cause you gotta pay everyone else along the way and that’s what banking wants you to do.
[00:23:14] Host: So let’s what, you have some information that you can give to people that wanna find out a little bit more about what you do. ’cause you have a, a different spin on things and, and you know, that might be interesting for a lot of people.
[00:23:24] Host: So how could people find out a little bit more about you Vance? And where can we send them?
[00:23:28] Vance Lowe: We have a free book on our website. We call it a red pill book that, and it’s titled, what Banks Don’t Want You To Know Will Make You Rich.
[00:23:36] Host: Sure.
[00:23:36] Vance Lowe: You go to the website, download that, and then it’s, it’s from there if you, if it piques your interest, you got all kinds of podcasts, all kinds of information, email services, and.
[00:23:47] Vance Lowe: We can even take, have people take it for a test drive before they get involved. They can literally see with your own numbers what this strategy will do for you. Everything’s found on private banking [00:24:00] strategies.com. Again, private banking strategies.com is where our website is. We welcome everybody. To that.
[00:24:11] Vance Lowe: Like I said, if, if anything interests you, more information is available and then you can find on the Nelson Nash Institute. Good information. Just don’t make the mistake of getting into the pornography of banking. Everybody else has tried to sell their wares and they, they’ll sell product, but they won’t teach the banking part, so, wow.
[00:24:35] Host: Interesting perspective, van. So listen, everybody, the world is changing out there and you’ve gotta be abreast of all the di, all the different opinions, all the different angles, all the different ways that you could protect yourself and your loved ones and, and start to position yourself for what’s going on in this world.
[00:24:50] Host: And it’s changing quickly. And you’re starting to see some cracks in the, in the system that are brought on by this a hundred year old, 110 year old banking system. [00:25:00] Vance has been talking about, and that’s the IRS, the fed, the educational system. All the things that you’re seeing now are starting to fail as institutions in this great country are changing.
[00:25:09] Host: So you’ve gotta know what’s going on. People like Vance are bringing a great strategy. Vance, thank you so much for your time and your wisdom, and I appreciate your being here and, and offering your, your perspective to the Wealth Architect podcast listeners.
[00:25:22] Outro: I really appreciate the opportunity and thank you so much.
[00:25:26] Outro: 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? Do you feel stuck? Let us help you get unstuck. Are you ready to take action and get your own private?
[00:25:49] Outro: Please call private banking strategies at (817) 200-4777 or visit us at www private [00:26:00] banking strategies.
