From Navy Captain to Wealth Strategist: Gary Pinkerton

Summary

Retired US Navy Captain Gary Pinkerton shares his journey to financial freedom, emphasizing the importance of agency, control, and liquidity. He outlines his hierarchy of wealth strategy, with guaranteed assets like life insurance policies as the foundation. Pinkerton explains how this 'family bank' system allows efficient storage of reserves while still earning investment returns. He and hosts Danny and Flip also discuss enduring economic turbulence, passing knowledge to kids, directly owned assets versus syndications, and more. The conversation covers various wealth topics before shifting to Pinkerton's passion for racing cars.

Takeaways

• 😊 Gary values agency and freedom, which led him to move to Florida in 2020
• 💡 Having liquidity enables taking advantage of opportunities and handling uncertainty
• 💰 Whole life insurance policies allow tax-free growth and liquidity
• 🏘 The hierarchy of wealth prioritizes control and direct ownership first
• 👪 Creating a family bank provides financial security across generations
• 😣 Gary lost over 50% of his assets during the Great Recession due to lack of liquidity
• 🔍 Character is the biggest risk factor when investing with others
• 📉 Market losses taught Gary to always bet on himself and stay positive
• 🚗 Gary loves the freedom and power of driving and racing cars
• 🤝 Gary helps people gain confidence and create family legacies

Q & A

What financial mistakes did Gary make during the Great Recession?

Gary paid no attention to his personal finances during his submarine command from 2008-2011, which spanned the Great Recession. He lost over 50% of his family's net worth and none of his advisors warned him of the risks.

How did the COVID-19 pandemic reinforce the importance of liquidity for Gary?

In 2020, one of Gary's clients owned ice cream shops that were forced to close by the government lockdowns. With no liquid savings as a buffer, the leveraged properties went bankrupt, wiping out a 3rd generation family business.

What is Gary's biggest lesson learned from setbacks in wealth building?

Bet on your own ability to recover and maintain a positive mindset. Also properly vet the character of partners, as that is where most investment risk lies.

What is the hierarchy of wealth concept?

It prioritizes building wealth in layers (like a pyramid), starting with max control/low risk assets like cash savings, before progressing up to higher risk investments.

How does whole life insurance allow money to grow in two places at once?

The policy's cash value grows tax-free at 4-5% guaranteed. You can borrow against that cash value to invest elsewhere, paying interest to yourself rather than a bank.

What appeals to Gary about auto racing?

He loves the freedom, power and control involved with operating high-performance vehicles. The sound and sensation of acceleration satisfies a primal urge.

Why does Gary emphasize owning real estate?

Owning property with fixed-rate debt allows tenants to effectively pay off the mortgage over decades. This protects against inflation eroding purchasing power.

What resources are available for learning more about Gary's services?

Visit his website GaryPinkerton.com which contains financial planning tools and ways to schedule calls. Also reach out to him directly at [email protected].

What is the power fund that Danny and Flip plan to launch?

It is an investment fund offering 6-14% returns depending on lockup period, focused on providing liquidity options, cash flow, growth and diversification.

How can someone get information about the power fund investment opportunity?

Visit ChatWithFreedom.com and schedule a call on the calendar with Ben or CJ to discuss details and have any questions answered.

Outlines

00:00

😀 Gary's journey to financial and location freedom

Paragraph 1 describes Gary's background and journey to achieve financial and location freedom. It mentions how he paid no attention to his finances during the 2008 recession while in military command. After retiring in 2016, he moved his family to Florida in 2020 for more freedom and in response to COVID restrictions in New Jersey.

05:02

😞 Gary's finances hammered during the recession while focused elsewhere

Paragraph 2 elaborates on Gary being disconnected from his finances during 2008-2011 when he was commanding a submarine, which coincided with the Great Recession. His investments lost over 50% of their value and he had no financial guidance. This led him to realize the importance of having control over one's financial future.

10:03

😀 Gary prioritized time with family over chasing money

Paragraph 3 discusses Gary's focus on spending more time with his young sons despite not making much money, like his farmer father enjoyed working the land while having a positive attitude even in difficult times. Gary stresses the importance of both enjoying one's work and setting aside quality time to pass on life lessons.

15:03

😞 Costly investing lesson on the importance of vetting others

Paragraph 4 covers a difficult period for Gary where he lost seven figures from a scam investment deal. He openly shared this failure with his sons as a case study on the critical role of properly vetting potential business partners and advisers before moving forward.

20:06

👍 Gary and his wife authentically share their financial journey

Paragraph 5 praises Gary and his wife for transparently sharing details of their financial situation, failures and successes openly with their sons to educate them, unlike parents who shield their kids from finances.

25:06

😀 Visualizing personal wealth flow via a hierarchy pyramid

Paragraph 6 discusses Gary's philosophy around mapping out one's finances into a hierarchy pyramid structure with risk and control on opposite ends of the spectrum. This helps guide decision making on placing investments and cash reserves.

30:06

😉 Family bank whole life insurance to efficiently grow wealth

Paragraph 7 focuses on using specially structured whole life insurance policies as a tax-advantaged family bank vehicle to store cash and simultaneously deploy it into other investments only needing to service interest costs but not tying up liquidity.

35:08

😆 Enjoying racing cars and driving thrills late in life

Paragraph 8 covers Gary's exhilarating experience learning high performance race car driving skills at a racing school, pursuing a lifelong passion.

40:11

😊 Fun questions reveal Gary's preferences

Paragraph 9 contains lighthearted questions flipped asks Gary to quickly choose between two options, revealing some of his preferences around food, entertainment and other interests.

45:13

👾 Future of high tech, high power electric sports cars

Paragraph 10 discusses emerging electric vehicle technology allowing for extreme high horsepower hybrids and Gary and Flip's enthusiasm for the next generation of sports cars.

50:14

💡 Final tips on wealth building leveraging liquidity

Paragraph 11 provides Gary's closing advice around the importance of developing multiple income streams while maintaining liquidity to capitalize on investment opportunities in down markets when prepared.

Keywords

💡financial freedom

The overarching theme of the video is attaining financial freedom. This refers to having enough financial resources to be able to live life on your own terms without being constrained by a job or debt. The guests discuss various strategies for building wealth and gaining control over your finances so you have freedom and flexibility in how you live.

💡real estate

Real estate investing is mentioned several times as a key component of building wealth. Owning real property that generates cash flow from rents and appreciates over time is presented as more advantageous than having money sitting in low yield accounts. Gary emphasizes getting long term fixed rate loans on real estate investments.

💡liquidity

Having liquidity, meaning readily accessible cash, is highlighted as crucial preparation for being able to take advantage of investment opportunities. The ability to act quickly often depends on having funds that are not tied up.

💡mastermind

The guests mention being part of the same mastermind, which refers to a group of peers who meet to teach, guide, and support each other in business and investments. Learning from experienced people you trust is key.

💡hierarchy of wealth

Gary introduces the concept of a hierarchy of wealth that has lower risk, more controllable assets like cash and real estate at the bottom and more speculative investments at the top. The foundation should be established first.

💡family bank

Gary coins the term family bank to refer to a specially designed life insurance policy that allows tax-free accumulation of cash value. This functions as a safe, growing source of funds that can be tapped as needed.

💡leverage

While leverage usually refers to using borrowed money to increase returns, Gary points out smart leverage is only possible if you already have certainty and liquidity in place. Leverage enables uncertainty.

💡character

Doing proper due diligence to assess the character of potential investment partners is presented as the best way to minimize risk. Most losses come from working with untrustworthy people.

💡mindset

Maintaining a positive, abundance mindset centered on personal agency is mentioned as the most important factor in dealing with setbacks. You can better control your reactions than external events.

💡legacy

The long term goal of financial freedom includes being able to pass on wealth and values to future generations. Intentional family meetings are needed to educate heirs.

Highlights

The Great Recession was when I was paying no attention to my finances and lost over 50% of my net worth

Freedom to me means having agency and control over your entire life

Spending quality time with your kids requires enjoying what you do everyday at work first

Being completely open about finances and mistakes made with kids is critical to teach them lessons

The biggest lesson learned is to always bet on yourself, maintain a positive mindset, and find trustworthy people

The hierarchy of wealth involves building a solid liquidity foundation first before other investments

Having liquidity provides the confidence and clear-headedness to take advantage of investment opportunities

Certainty like liquidity enables uncertainty - it allows you to take risks while still being prepared

The family bank method allows efficiently storing reserves and investment capital that grows in two places at once

Owning real estate with long-term fixed rate loans protects against inflation and builds generational wealth

Cars and racing represent freedom, power and a quintessential American male experience

Hybrid performance cars with electric and combustion engines will be the future

The family bank provides liquidity that grows tax-free to take advantage of investment opportunities

Resources are at garygarypinkertondotcom to learn more about building the hierarchy of wealth

The power fund provides a flexible high return liquid investment option from 6-14% interest

Transcripts

the Great Recession was exactly the time

that I was paying no attention to my

personal finances at all none and when I

left command and I was handing it off to

the next guy I realized I had lost over

half over 50% of my family as well I

paid no attention but worse none of my

advisers had ever called me emailed

texted anything right didn't write a

letter and so I felt like there was no

control

there hey everybody flip and Danny here

and welcome to another episode of the

freedom show today today's guest is Gary

Pinkerton yeah super excited to have

Gary um he has been a friend for a while

he's in one of our um masterminds and

today he's talking about the family Bank

um so it's another wealth building

strategy that we're excited to share um

more with you so enjoy the show

[Music]

enjoy you're tuned in to the freedom

show we are in the studio having a

conversation we are really excited to

share with you today's guest is Gary

Pinkerton we're so happy to have you

here Gary we're gonna be diving we're

we're gonna be diving into a bunch of

topics with Gary um today but before we

do we're going to um tell everybody a

little bit about you Gary Pinkerton is a

wealth strategist veteran best-selling

author entrepreneur and real estate

investor passionate about business

reducing tax building agency wealth and

family Legacy he's a graduate of the US

Naval Academy where he later taught

ethics he commanded the nuclear attack

submarine USS Tucson and was a pentagon

division director for The Joint Chiefs

before retiring as a captain Gary owns

and helps others couple High cash value

life insurance with alternative

investments in Investments he directly

owns 20 buildings a general partner in a

48 unit Resort in Cape Coral and a

limited partner in 30 syndications his

Hobbies is working on and racing cars my

kind of guy welcome to the show Gary Sor

thanks I was just thinking of you when I

did racing the other day so that'll come

up somewhere I'm sure awesome I can't

wait and after reading that bio I'm

sorry sir yes

sir I love it well we are thrilled to

have you um on the show Gary we've uh

told our Network um this is the very

first podcast that we have created where

we actually have guests on it um

typically we only do solo shows we did

the 365 day podcast in 2022 and uh it

was crazy and we don't want to do daily

anymore so we changed it to weekly and

we said hey why don't we just introduce

our Network to everybody that is in um

our Network so um Gary you are in our

Network um you are somebody that we work

with that we are in um the power room

Mastermind with um and so we thought it

would just be great to introduce you to

everybody and tell them more about what

you do um but before we get into um how

we are working together and what I like

to call like the superpower of how you

help people um we love to talk about

Freedom um and so I'd love for you to

tell us what Freedom means to you and

share with us your um Freedom journey

and what that looked like yeah awesome

so uh freedom to me means my favorite

word that I've adopted to be my fight

song and that is agency so it's pretty

close to Freedom it's really agencies

having the the ability to uh control

your own future live life the way you

want to live it both financially and

just in general so maybe it's just it's

it really is freedom frankly it's

Financial Freedom it's life and time

Freedom uh and so for me just having the

ability to do what you want to do in

life my story of how I exe exercised my

freedom was 2020 um I W my family and I

were living up in New Jersey I retired

from the military in

2016 and all before that I was searching

for Financial Freedom not agency so uh

you know if you go all the way back when

I'm a kid in high school um our it's the

late 70s early 80s and uh Ronald Reagan

is in there trying to fix the high

inflation that we had under Jimmy Carter

era uh and and so he and Paul vuler the

FED share um raise interest rates of 21%

and we had variable interest rate loans

on our Farms which all Farmers a lot of

farmers did back then wiped us all out

completely living in a you know rented

or a borrowed trailer used trailer on

our uncle's land my uncle's land and

really kind of hating life as a young

materialistic kid who wants to attract

girls but not with hand-me-down clothes

you know and and so and old cars and

stuff like that so I was so focused on

making money and changing my future that

I got an opportunity to go to college

with the Naval Academy and University of

Illinois and the Air Force Academy the

one that was furthest from Illinois was

the Naval Academy and that's I'm not

kidding you why I went there um and they

also it also offered a free uh education

right which is what I could afford and

it offered uh 5-year guaranteed

employment after that with pretty good

pay so that's why I did it and along the

way though I got super inspired about

patriotism and about nuclear submarines

and so I spent my you know 30 years

doing that and near the end uh I was

actually it was 2008 I was getting ready

to go into command of my submarine and

uh I had enough money in my opinion to

retire to walk away from my W2 job and

finally start to see my young boys start

to grow up cuz I'm starting to get a

little guilty about the fact that I was

around my dad all the time and I really

should you know attribute a lot of My

Success to you know everything that he

taught me as a father teaching a son and

my kids were not yet teenagers but they

were getting old enough that you know

they were starting to kind of act out

and I was realizing that this was not

the best path of me to just not be

around them so I intended to do that so

going into the command had enough money

in my opinion to do that left command u

a little over three years later and so

my command tour was from 2008

essentially to 2011 the great re session

was exactly the time that I was paying

no attention to my personal finances at

all none and when I left command and I

was handing it off to the next guy I

realized I had lost over half over 50%

of my family as well I'd paid no

attention but worse none of my advisers

had ever called me emailed texted

anything right didn't write a letter and

so I felt like there was no control

there and and I felt trapped in that I

had to stay in the military and I had to

come up with a followon job because I

wasn't in the position anymore to do

that so for me my story of getting to

Freedom was realiz I ing that freedom

and agency comes from having control

over your entire life right so now let's

fast forward to where I was in 2020

we're up in New Jersey and now I'm I'm

I've always been Freedom focused I mean

for 30 years I was trying to help other

people be free in their lives and now

I'm I'm focused on this agency thing

which means that I have the financial

capability and the and I've set up my

life in such a way that I can do

whatever I want and this guy up in New

Jersey our our governor keeps uh keeps

putting more and more um restrictive

Freedom limiting things on people during

coid time right and like listen people

get a little bit of a buy because none

of us had seen this before um but they

just keep doing it and and so he's got

this great idea to take everybody that's

in a hospital in 2020 and make them stop

off in a nursing home to like infect the

people in the nursing home or themselves

get infected and so the death rates were

pretty high in New Jersey in mid 2020

and so he's on television and he's he

gets flustered with all of these

questions and eventually he just says

listen if you don't like what I'm doing

you can leave and so I like the third

time I heard that I went to Susan and I

said hey um this guy's talking to me

like he's physically speaking to me and

so we uprooted ourselves and we moved

and that taught me that have an agency

is it means everything in the world and

so yes all of a sudden after that I'm

living in the great state of Florida

with you guys and um my and it's not

just everything's Florida but but like

everyone leaves you alone like you know

like your neighbor sees you working on

the beat up broken down old car in your

front yard and he's like well that sucks

but you know I don't own that that's him

that's his world right I'm not saying

everybody's like that but that's you

know it's a much more free environment

so I could go on for the entire podcast

but I'll stop there um you know agency

and freedom my story is I moved to floor

in 2020 and it taught me what's super

important and I just roll that into how

I now talk and help

clients I love that um so uh we if you

uh summarize that into a word um I feel

like I'm hearing geography Freedom a lot

right um because you wanted to move

somewhere uh to where you could do what

you wanted um time freedom to be able to

spend time with your kids um tell tell

us a little bit about that we have a lot

of people with families and we talk

about this um blueprint that we create a

lifestyle design right and and choosing

what you want to do early on like what

you want out of life um so that you

don't get stuck um in what could be

another prison chasing Financial Freedom

or some type of Freedom right um so when

it came to spending time with your kids

uh what did that Journey look like well

first of all you mentioned like don't

get stuck in a prison right or get stuck

doing something you don't want to do and

you know we all have an America

amazingly we have the freedom to like

like we don't go to prison if we choose

like physical prison if we choose to uh

be a skater instead of you know being a

bread maker right so you get the choice

to do that and choosing something that

at least you don't hate doing is a

really really good idea or at least

getting there as soon as you can because

if you don't enjoy life at work at where

you devote your adding value to the

world and getting paid for it you know

time of your life then when you're

around your kids you're not going to be

you know you're going to be in a really

horrible mood and you're going to be

beaten down and and it's not going to be

quality of time there either right so

the only way really to add value to and

and have freedom to spend time with your

children and then pass on your lessons

learn is that you enjoy what you're

doing like my dad never made much money

um and you know he just kept getting you

know kicked in the groin if you will

every time

financially the big you know the big

dairy farms took out the small guys and

the banks got went after us and you know

there's always one thing after another

but he enjoyed what he was doing he

enjoyed working the land and raising the

animals and so he spent the time he he

was still in a decent mood when I was

out there with him doing that right so

you you have to pick the right place to

be before you can you can't just make $2

million be really upset about where you

have to go to work and then you know

have a great life with your kids it's

not going to work um so you have to be

okay with and excited about what you do

every day um and then spending you know

and then you know I guess what I would

say is that there's no shortcut on

passing on our values our ethics and our

lessons learn to our kids there just are

no shortcuts you have to spend the time

with them bottom line and so if you're

in a financial position where you can

say hey kids um I've carved up two weeks

here in June where are we going you guys

pick right and and and so if you can get

there buying I mean maybe it has to be

within reason right maybe it has to be

like pick these three states that we can

drive our car to maybe that's a

situation that you're in right now but

let them pick and then let them pick the

activities that you're doing while

you're there with the understanding that

there is one day or one evening or

whatever that's mine and in that period

of time we're going to order their

favorite food still but we're going to

spend time talking about the things that

I think are important for them to

understand about how to grow wealth how

to save on taxes why education important

and you know and and why owning real

estate is important and all these things

that I think are vitally important for

long-term wealth you need to pass it on

to your kids and it's not going to work

as well if somebody else does it and

they're not going to listen if they're

not bought it right like my first family

meeting like this like family Legacy

wealth creating topic was in the living

room of our primary residence and that

did not go well at all like it was

horrible it was like one of those crazy

uh Brady Bunch meetings where they all

sit down on the couch right like it

didn't go well but I've learned and so

right create an environment that they're

excited about that they're bought into

and they created and just let them you

know make sure they understand that

there is you know there needs to be an

education side to things yeah I love

that so um this kind of it transitions a

little bit and we can keep on going on

the freedom stuff because I I love the

stories that you're sharing um but it

transitions a little bit into this get

real aspect that flip and I talk about a

lot um you know this journey of reaching

Freedom um and in your agency um is a

journey of roller coasters it's not all

rainbows and sunshine um there are times

that where you're struggling um there's

times where you're not sure exactly what

to do and you're having to reach out to

to your network to you know find

solutions to problems um and not a lot

of people talk about those times they

talk about the highs and don't talk

enough about the lows and we're very

much we have a kind of a passion to say

hey everybody you can do what if we did

it you can do it too um and we're going

to tell you about all the failures um so

that you you realize it's okay to have

failures and it's okay to get up and do

it again so as you're talking about your

kids and teaching them all of these

things um uh I thought in my head you

know I wonder is that are those

conversations happening as well you know

here's the mistakes that I made so that

you don't make them too and can you

share just uh some get real moments um

with our listeners yeah so Susan and I

are very open with I mean my kids are 19

and 22 now both boys and so but for I

would say for the last close to 10 years

um we have been completely 100 100 %

open with them about how much money we

have and um and what mistakes we've made

what successes we made and what we

recommend for them like aggressively

open and and conversational about that

and um you know my parents were open

about what we had too but we didn't have

much you know and so they were open

about The Debs that we had and things so

there wasn't a lot of secretiveness

going on I think a lot of I think one of

the big challenges is that many um

successful business owners and

entrepreneurs are so busy building the

business they don't ever uh spend time

teaching the family about it and then

they realize the family is not educated

to be able to handle this it would be a

weapon in their hands and and so they

have to Shield them from it so they

don't talk about it and they um because

they don't think the kids can handle it

right I me there's bumpy moments when

you're totally open about stuff like I

remember my son on Xbox telling one of

his friends how much money I had or made

or properties we have or whatever I'm

like who are you talking to he's like oh

some guy I just met from Kansas I'm like

no no no so you know so like it could

have been a 60-year-old you know crazy

person but uh anyway so being open about

that you have to you have to do the work

right you have to do the education side

of it U but I'm certainly open like my

kids know uh definitely know you know

some big big setbacks that have happened

in the last two or three years and I

think one of the things we want to talk

about coming up here is like your big

your biggest lesson learned or take away

your advice right and so I'll hold kind

of what that lesson was until then um

but but what I'll say is they saw me go

through the turmoil of losing you know

seven figures in in a scam and uh you

know and and I believe that God teaches

us all these things like we go down this

path intentionally to learn the lesson

and I was getting frankly a little cocky

uh about you know I can make money you

know while I sleep or I wasn't really

thinking that but you know I was like

very comfortable and I wasn't learning

as much because when you're when you're

in stress when you're learning the

lessons when you're moving the boulders

that just showed up in front of you at

An Inconvenient time you're learning

from that stuff right you learn the most

Donald Trump said when asked would you

learn the good times and the bad times

he told the real estate guys uh I didn't

learn anything in the good times I learn

everything in the bad times and I would

100% agree with that when you're

coasting and everything's going well

you're not learning anything and so I

want to make sure my kids I mean I can't

really hide it anyway but they see the

pain they see that um you know that I

really regret those decisions I made and

but I also learned a lot of lessons and

I make sure they understand what those

lessons are um you can teach kids the

wrong lessons if you're not verbal about

what they're seeing right because

they're they're watching everything like

you know do what I say not what I do

kind of thing right but but if you're

not saying and doing then they're just

going to learn from what you do and I've

had my kids tell me stuff my sons um I

would never do that one of them said I

would never invest in real estate

because he saw the pain associated with

me making a mistake in real estate right

oh wow but I didn't take the time to

verbally explain and show that the that

th that pain is absolutely worth it

right like it's it pales in comparison

to the Alternatives like I didn't take

the time to explain that so I don't know

if that helps but yeah you know really

it's being as as open and verbal as you

can yeah that is very very powerful so

um is that the lesson so yeah what would

you tell people is that the lesson that

you would tell people um or is there

something uh different that you would

say to people hey if you're struggling

right now or if you're if you're on a

journey um understand there's going to

be these ups and downs and and what what

what advice would you give them yeah so

the the you know there's a lot of

lessons there but the one I was really

going to talk about is that really it

all comes down to the character of the

individuals that that you're dealing

with right so all risk in investment

deals and opportunities and businesses

that you start up or whatever um

everything you pursue the risk is in the

other people it's really not in anything

else it's you're betting on two things

other people that are involved and

yourself and you should always um put

the most possible amount on yourself and

believe in that so if possible keep a

positive mindset like work on gratitude

work on abundance I have this dear

friend who was running the business and

she was getting on an airplane 20 years

ago when you couldn't you know stay

connected on the airplane and she got

news on on a telephone right beforehand

that she was probably going to lose her

business and she had done a lot of work

on personal growth and so the entire

flight all the way across the country

she's staring at the blue seat and she's

like I came up with everything possible

that I could think of positive about

that blue seat in front of me because it

kept my mind off everything else she

walked off the plane got the follow-up

phone call and she was like we can deal

with it we'll we'll handle it right and

it's because she could change her

mindset right and so that's the one

thing we can always control and that's

why I always say bet on yourself no

matter what bet on yourself and stay

positive about your ability to stand up

dust yourself off and move forward right

and if you ever give up on that if

you're ever looking at anybody else

first of all you're gonna be scared out

of your wits and you're not going to

have what you need to move forward so

biggest lesson is always bet on yourself

um if at all possible do everything

possible to stay in a positive mindset

even if it means thr away the work and

going and doing your favorite thing in

life and and just putting it off till

later do that because if you can

approach it from positive mindset then

you're not in fear mode and you're not

trying to cut your losses and do all

kinds of crazy things right you're

moving forward the whole time that's

super important and then I would just

say that in my lessons learned and all

of the big mistakes that I've made it's

been because of the character of the

other individual I'm not saying don't

trust people I'm saying find the right

people to trust spend hours and days

around them before we started recording

I spent a lot of time around a good

Mutual close friend of ours and one of

the primary reasons I did that was to

know him in in the fun times and the not

fun times when we're super tired and

we're worn out and things didn't go the

people didn't show up to pick us up or

the reservation's not there or whatever

like how does that person respond right

and once you know those people who do

have good character just stay tied to

the hip to those individuals and just

protect yourself from everybody else wow

I love that you just shared that story

because it's something that flip and I

talk about all the time um we are in

masterminds and we talk about the fact

that they say he how do you have um you

know such a large you know investor

Network um and I said we're just very

authentic we're very transparent we're

very genuine uh we talk about our

failures a lot like we we don't and we

don't mind like we when people vet us I

say you should be asking me and somebody

else what their biggest failure was and

what you really want to know is what

happened as a result of that

circumstance St what happened to them

also what happened to their investor um

and out of that story it's going to

reveal the character of that person

because some people will tuck tail and

run in hard times and it's the people

who stand strong do what you said find

the positive um you know get up every

single day never giving up um and

continuing on to follow through with

what you promised to do and um not

enough people um do this is an automatic

and the fact that you said it I was like

w number two this like you know the

second person that actually says uh

exactly what we do so I love that you

shared that um with us so um I want to

jump into uh what I like to call your

superpower Gary um so um this could be

anything I personally think I know your

superpower because it's why we're

connected um and it and it's part of you

know uh you know wealth building

strategy it's also um you know

protection um and so I'd love for you to

share a little bit about um what you do

and how you help others how you've

helped us um anywhere you want to start

um I really want to share this yeah so

the fundamental you know uh description

of my uh certification and my day job is

um life insurance it is um it's often

talked about I mean it's uniquely

designed for the purpose of growing

wealth and it uh is often described as

infinite banking um uh wealth

maximization accounts I personally have

started to talk about it as family Banks

because it's a really nice two-word

description of what you're doing you're

creating a bank for your family's wealth

where you store your safe liquid and

guaranteed money that grows better than

your Chase bank account and provides a

bunch of other benefits so that's kind

of the fun foundational or fundamental

aspect of it where I think my superpower

is is helping other individuals as a

coach as a guide not as a coach but as a

as a guide as a mentor as somebody who's

on the path with them like I will never

ask somebody to go down a path that I

haven't already looked around the bend

and know basically what's down there

like don't know all the answers but I've

done something before I recommend it to

somebody else and I think I can break it

down simply I love Robert kiyosaki's

writing he writes like to an eighth

grader or less and and so it's very

simple writing and what he said to me

one time and I think he even puts it in

his books but he said to me on a real

estate gu uh Cruise one time he said if

you can't explain it to an eighth grader

then you don't actually understand it

and that is so powerful and so I try to

simplify things down as much as I can I

just did a presentation to 400 people

and the biggest and best comment I got

back was you made that so simple and you

were so confident when you were up there

talking about it well that's another

secret to it is if you can say it to an

E or an eighth grader and you understand

it that well then you're confident on

the topics right and so this fundamental

tool is really like a replacement for

the foundational part to your family's

wealth um another aspect to and where I

really like to do though is to be that

guide on the path to wealth and so I

love talking to people about their their

personal tax strategy and growing wealth

and passing it on as a legacy like those

are my big things I love to work with uh

individuals who have a future generation

that they want to pass something on to

and and are self-motivated like they're

interested in owning things that they

directly control like real estate and

businesses and things like that uh and

and so this um infinite banking or or

family bank is really just a foundation

that sits underneath everything think of

it as a pyramid as a hierarchy of wealth

Egyptian pyramid and most people ignore

how having enough cash liquidity sitting

in the bottom because they're thinking

cash is trash it's not growing for me

down here I could have this in an

investment and I can't tell you how many

people I know in 20089 in 2020 um quick

story in 2020 I have a client who is

third generation owner of an ice cream

store in their small town ice cream shop

in their small town and it was paid off

had been for decades and so he decides

and it was from advice from everyone

including family hey in 2019 take a loan

against that thing go get another one

and open it up in our neighbor town or

AC cross town or whatever so that you

can serve more people totally makes

sense I probably would have done that

the challenge is he had zero liquidity

no savings no checking and 20 you who

would have predicted that both

properties were heavily leveraged at the

moment that the government for the first

time in a hundred years uh refuses to

allow him to open the doors to his

building right company goes bankrupt

third generation right all because he

had Leverage is leverage the problem

Leverage is not the problem there the

problem was no liquidity and people are

like that's the same thing it's not at

all the same thing have tons of Leverage

in my life as do the two of you what I

also have is tons of liquidity I have

like 40% of my my net worth is liquid

and it stays pretty close to that for

most of my life and and so I think some

of my unique genius is getting across to

people that um being liquid is an

advantage not a disadvantage Warren

Buffett always says you know um be be um

excited I'm going to get this wrong

because that's not the right word but be

excited when others are fearful and

fearful when others are excited um

enthusiastic maybe the word he says but

you know and then there's that phrase of

uh you know uh buy when there's blood in

the streets even if it's your own blood

right well how do you do that well you

gotta have liquidity to do that right

and so you know you have to you have to

be preparing for the future but just be

comfortable maintaining some liquidity

and this

tool the reason you don't put your money

in Chase checking accounts is because

you can earn four and a half to 5% today

uh with no tax in a tool that's just as

guaranteed safe and liquid right and so

that gives us I've Lear learned over

time in dealing with clients in my own

world and myself I mean that that gives

you enough confidence and enough Comfort

to say okay I'll let it sit there liquid

because it's growing pretty solid right

and that allows me to be ready when

somebody like calls two G two days ago

and said I'll give you a 30% return in

two months if you'll lend me some money

um right you know today like the problem

was I had to lend the money that day and

not that many people have that money

right and so it's a tremendous return um

but you have to be ready for it and

which means you have to be comfortable

having liquidity in your life not that

you're just missing out on everything

because that's how I used to roll I used

to have all my money and mutual funds

and stocks and that kind of stuff and I

meet people every day that are like that

and they just are not comfortable having

liquidity but the two of you are and I

am yes and I tell people that every time

you go through a challenge like 2020

when they tell us you know tell all of

our tenants don't bother paying your

rent until further notice right like I

can remember vividly my wife Sue looking

at me and saying how long is that going

to last for us well ironically we had

just put our money into a syndicated

investment and the bank wouldn't close

because it was coid time and they gave

all the money back and so my liquidity

doubled and that was God saying you were

about to screw this up and I just gave

you a Lifeline right and so then when I

redid the math I said oh look at that we

could go a couple years like this now

but it was not intentional at that point

it is

today wow that is incredible I think

that's very powerful um we're actually

in the middle of uh um talking about

liquidity ourselves with another one of

our investors for the same um exact

reason um of being prepared for um the

markets and the markets changes uh and

that quote by Warren Buffett um is um be

fearful when others are greedy greedy

greedy when others are fearful um yes

and I I just love that quote I have a

picture of at the power room Mastermind

I got a picture of Warren Buffett from

um those guys that are always back there

because yeah bandhi I just I just love

that quote so much but go ahead you were

gonna say something well I was just

going to add to that that not not only

does it set you up to be ready

financially to take out take Cho of Opp

or take um um take advantage of

opportunities um because you know I

would say that luck is when opportunity

meets preparedness right so you have to

be prepared so that is true um that

you're going to be the lucky one that

picked up the deal at a low price

because you were prepared and the

opportunity showed up um the other thing

though that Patrick donaho taught me and

I this took me forever to understand

Patrick donaho is a guy I work with at

Paradigm life and is my mentor in this

world and taught me this 12 years ago

dear dear friend um he he always would

say that you need certainty in your life

to enable uncertainty I'm like what are

you talking about like on is enables off

like what are you talking about but but

what he's talking about is that

certainty certainty is like having a

parachute like you want to go

parachuting but you have you like to

live till tomorrow and you have family

that are depending on you so you need

some kind of certainty in there right

and so the parachute is that certainty

and working with a quality individual

who knows what they're doing like that's

the certainty that you put in place so

you can go do that crazy thing right and

have fun doing it you wouldn't be having

fun if you didn't know the parachute

worked or not right like you'd be scared

out of your your rear end right so you

have to be careful but if you have

certainty in place you're good and so um

somebody you know my buddy calls me like

right now I don't think it's the best

time in the markets right like I have

some Investments that have stopped

paying me cash flow and I have some that

are asking for my Capital extra I have

some that are not returning the loan

that I've given them right so there's

there's like crinks in the are chinks in

the armor a little bit at least and so

most people are getting a little more

conservative with giving out the money

well why did I then say Absolutely I'll

do as many of those as you will offer me

um why did I do that well it's because

that certainty that big old buffer um is

really giving me the confidence to say

yes things are changing things are going

to get worse but a lot of money is made

in those worse economic environments

because the people are prepared and

they're confident like you have the

confidence so I think that having

liquidity around not just actually

provides the capital it provides the

clear-headedness the confidence the

ability to look at things and make a

good choice yeah yes oh that's so so

powerful um one of the notes that I

wrote down that I wanted to talk to you

about um was hierarchy of wealth um so

can you share with us the order that you

build wealth in and why that matters

absolutely so if you think of it as an

Egyptian pyramid it's really we took

this from hierarchy of needs which was

maso's way of explaining to people how

to get to your unique genius at the top

and a lot of people have come across

this in school especially anybody in the

medical profession and it was him saying

like hey the foundational there's like

these different layers you have to go

through four or five I forgot how many

he had um and it was basically like an

Egyptian building a pyramid that's going

to last for thousands of years you need

to finish all the bricks don't cut any

Corners finish all the bricks in the

foundational layer and then move to the

next level and do it systematically and

you only put that cool little triangle

piece on the top if you've done

everything else along the way right and

so we had just adapted that to talk

about hierarchy of wealth which is your

relationship with your money and so it's

simply just if you can think of this

hierarchy of wealth pyramid and I'm

happy when we talk about contact

information happy to send the book that

talks about this and you know any other

kind of uh videos and stuff but you

think of a pyramid on one side is

control and you have maximum control at

the very bottom where if you jump off or

fall off you don't get hurt right and

then you have maximum risk at the top

where if you jump off the top or fall

off the top you do get hurt so just Max

Control at the bottom they're opposites

right and so control is talking about

your money if you have a lot of insight

and control about what your money is

doing who's got it when they're going to

give it back to you and is it going to

bring any return with it right then

you're very very um low in the

foundational layers of this thing so for

example in the life insurance policy

it's down in tier one it's maximum

control and it's and therefore minimum

risk like there's 150 year track record

of never losing a penny for anybody

right in fact there's a 150 year track

record of growing it every year

guaranteed so pretty high control um the

other end of spectrum is pulling the

slot machine handle or spinning the

rette wheel at a casino like that's no

control maximum risk right and so

everything else is in between and so if

you look at like four levels the bottom

is foundational tier one guaranteed

money again it could be a savings

account or a shoe box in a well in a

safe right like those are fine it's just

that some grow better than others and

have you know in my opinion the the life

insurance whole life insurance policies

have a lot better features than the

others but they all work with respect to

Safe liquid and guaranteed but then but

your house doesn't work there right your

house is in the next level your rental

properties your business the money you

invest in your own personal development

all those things are directly controlled

things in tier two and then above that

is all the syndications right so like

you guys investing in the property that

you're going to manage and control

that's tier two me investing with you

it's tier three because rightfully so in

the contract it says you can make

decisions without my permission because

I imagine that would be a lot of fun

having a passive investor that has no

clue what he's doing that just decides

we should paint it pink and rent out to

homeless people right so that's a bad

idea but you know but uh so yes like

there's a reason why the passive

investor is passive right but if I want

to be a passive investor because I want

to focus on my own business I do take on

more risk in tier three up there by

doing being like a an indirect um

controlled asset but like we talked

about earlier you control that by

learning the individual and minimizing

the risk the biggest risk which is the

character of the individual you're

working with like they could be an idiot

you can test that they could be crooked

which is hard to test takes a long time

but it's the most important and once

you've solved those then you're in

pretty good shape right and then above

that is complete speculation and so

that's where you're so far removed from

your money that it's almost like pulling

a slot machine handle and to me the way

I dealt with all my money was in the

markets for the first 25 years of my

adult life while I was in the Navy I

just handed money to some actually

automatically came out went to some dude

I'd never met he gave it to some mutual

fund managers who put it in some

companies and I couldn't name any of

that stuff and so I might as well been

the salt machine hand right so it's like

all the stock market is up there for me

but if you're a person who does Warren

Buffett level of of of exposure and

investment and sits on the boards and

all that kind of stuff well that's a

little further down the pyramid for

you yeah I love that um okay so I like

how you call this the family bank I

think that those words are incredibly

powerful um and even when flip and I

came to you it was because um a lot of

things were happening happening for us

financially and we were like what you

know what do we do and so what do we do

we we sought out advisers um to help us

on the journey and figure out where to

place some of our Capital um so um talk

to me about uh efficiently storing

reserves and investment capital and how

the money is growing growing in two

places at once yeah that's awesome thank

you for that so so again I call it a

family Bank it is high cash value really

called overfunded whole life insurance

and there's another product called index

universal life or I it's a decent

product but it's an investment it's not

a bank right it can't guarantee your

money for the rest of your lives um and

so it just doesn't do this role so I

always use whole life insurance for this

role and so you are stuffing cash you

can think of it as a big box you're

stuffing cash into a big box it's a

variable amount you can adjust how much

you want to put in or not put in uh and

and when it's in that box it's growing

at four and a half to 5% and a very

conservative estimate um and and you

know probably better than that but those

profits are growing inside they're

without paying tax on them and then

whatever's Inside the Box again what's

inside the Box represents what you

personally put in and what the insurance

company put in for profits and

guaranteed increases that they're adding

right and so it's growing cash the true

purpose for this growing this cash cash

is to one day pay it to your family as a

death benefit but along the way you get

to use it as as your own personal cash

banking system and there's two ways you

can use it you can physically withdraw

the money like you would out of your

checking account to go make an

investment the challenge there is that

when you do that it stops growing right

and I like to use an example that I've

memorized the numbers for um and that is

my first rental property that I bought

on vulpi Drive in San Antonio Texas in

2011 it was a fourplex I needed $50,000

as a down payment and

uh so I had this choice I had just

started my policies and there was room

to put this 50,000 into the policies and

immediately go access it right and and

so I asked people I'm like hey what do

you think I should do that and so one

guy looked at my plan and my plan was to

use the cash flow from the asset like

$300 something dollar a month at the

time uh the net cash flow to pay off the

loan and I figured it was going to take

me 25 years to pay this off principal

and interest and they looked at it and

they're like oh my gosh 25 years at at

the time it was like 6% loan so it's

closer to 5 today but you know 6% loan

25 years they're like my gosh that's

$47,000 in interest Dave Ramsey says

that if you're going to pay as much an

interest as you do in principal you

should just pay cash for everything

right and and I understood that and you

know it sort of made sense and that's

why people pay off their house and they

pay for everything with cash right

because they use that mindset but the

second half of that's a super important

conversation and that is what can I do

with my money if I don't lock it up in

this property in this investment and it

turns out that if I borrow the money

from them and pay them 47k extra in in

um interest if I then take my 50 and I

grow it at that same six% back then

without any taxes and the interest earns

interest turns into um

$215,000 and so if you take out the

original 50 that's 167,000 or $165,000

of growth and $47,000 of interest paid

to do that

$18,000 difference because I chose not

to use cash right so that's the idea of

your money doing something two times

right it's earning inside this policy

and you've just accessed the value of it

by using it as collateral for no cost on

your side borrow money from somebody

else and pay them back the interest

which allows you to you know the

alternative again is it's sitting in a

checking account earning half a perc and

getting taxed yes and then you take it

out of there and now it's not earning

anything right that's right for that

entire 25 years as you start to build it

back up in the checking account so

either way we're making the $300

payments one is filling up a checking

account the other one's paying down a

loan but my 50k was sitting at this

amazing return with no taxes compounding

that whole time as opposed to earning

nothing wow I love it so um there's a

reason why we came to you when all of

that you know uh all that Financial

windfalls were were coming because um

you know this stuff you are um are one

of the like we know a lot of people in

this space and you were the expert that

we trusted to go to so yeah I I just

wanted to say thank you that's why we

wanted you on the show so you could

really share that um with other people

um so we are going to um get into a

little fun segment um uh here so but

before we do uh you are listening to the

freedom show with flip and Danny Our

Guest is Gary Pinkerton and we're going

to be right back after this short

commercial break add new income streams

to your financial statement freedom

family Investments can help own property

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paid

interest wealth is

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Investments get more time to focus on

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is for you where to start and who to

trust visit freedom family

investments.com all right welcome back

Gary thank you so much we've been

enjoying everything that you've been

sharing with us um this is the part of

the show where we just have a little bit

of fun um flip uh prepares for every

guest that we have with a short segment

that we like to call real quick with

[Music]

flip uh yeah and actually real quick uh

real quick with me um what was funny is

is uh you know because we we've talked

about you you know that we met you uh

through a mastermind and we had talked

with you a number of times and I

remember sitting in the room and uh one

one of the guys was on the stage and and

they said that you know in this room is

a retired uh you know USA Navy uh

nuclear attack submarine captain and I'm

like wow that's awesome that's so cool

and then they said Gary come on up here

and I'm like

whoa I'm like I I know that guy I

couldn't believe it that was that's so

awesome thank you for your service way

yes appreciate that yeah U all right so

this is like she said it's real quick

with flip I like to call it this that or

the other so I'm going to give you two

items uh you have to select which one

you'd like but I give you the wild card

if you like a third item that's in the

same realm or same genre then you can

select a third item so if I say corn

flakes or raisin brand you could say

charms loose exactly good you've got it

figured out perfect all right all right

so are you ready I'm ready all right so

first one I'm starting it off hard

Mustang or Corvette Corvette there you

go all right and that's all I have today

no I'm just kid uh

uh art festivals or music

festivals race car

driving

festivals I believe they're called

festivals yes yes yes uh uh morning

person or night owl oh morning person I

we have yet to meet an ID all I'm just

just saying that's interesting uh well

it's that time of year uh with

trick-or-treaters M&M'S or Snickers oh

boy Snickers that's tough though yep

yeah I would have said Reese's peanut

butter cups that was

close all right Mac or

PC oh

PC oh

Bo there's a reason but yeah there

always

is uh baseball or

football oh gosh race car driving want

to watch either one I'm sorry no no

that's that's perfect perfectly

allowable uh meican food or Thai food

Mexican all right there we go all right

again back in the theme of the the month

that we're in that we're recording this

in pineapple pizza or candy corn

pineapple love me pineapple nobody likes

candy corn sorry Tiffany if you're

listening um all right here's a tough

one Michael Keaton Batman or George

Clooney

Batman whoa I'm gonna have to go with

Michael Keaton I saw him first George

Clooney is an act

better but I'm going Michael

Keaton done very very good last one air

guitar or air drums air guitar oh man I

love air

guitar that was fun that was easy see

told you yeah yeah so okay so uh

whenever we talk about that there's

always something that comes out that we

want to like kind of keep going down um

on a in a fun way and since we started

off this podcast with you know your

favorite hobby being racing cars um so

I'm GNA you and flip kind of go back and

forth a little bit on cars in general

because this man he just every time we

see a car that is something that he

likes we have to stop we have to go to

car shows we have to like it's crazy so

let me start with you Gary um what is it

about cars and racing what is it that

you love and how did you fall into this

um magnificent hobby to me it is the

quintessential red-blooded American male

I I don't know it's just when I hear

when I move my foot and I hear V8 or

bigger numbers rumbling in the

background it's just Freedom it is power

it is um I think it's just the power

side of it it's you know the same thing

when I when I go Full Throttle in an

airplane that I'm flying uh but I like

cars better because I don't know I'm a

little simpler and two dimensions a

little easier to handle um I just

finished skip Barber racing school like

Monday which is why I can't think of

anything but this it's not normally the

way I am um but I can't tell you how

it's just I know I've missed one of my

callings I think there's many Callins

that we each have but one of them was

racing cars because I had so that the

guy who's a professional high-end

professional race car driver who is

leading our lead follow group um you get

to pass other cars Other M we're driving

Mustangs which not my favorite but we

were driving them and uh and you get to

pass when you're when you catch up and

you tail somebody for a lap so now I'm

up to the the the uh leader and for

whatever crazy oh it's because it was a

ride along car the pace car was a rideal

car so they had to have back seats he's

driving a a Camry right and this was a

road course so he's doing his best and

I'm on his M nonstop and we pull into

the pits and he's like okay you can back

off and I go oh sorry and he's like well

I can't go any faster so you can back

off so it was awesome because I didn't

see anybody else do that um but yeah I I

love them forever I feel like anything

with an engine on it I have a blast

driving and do okay with um but cars man

muscle American Muscle Cars just

incredible so had a great chance to go

to Sebring race way um and just drove

the heck out of some Mustangs and did

skid pads and did all kinds of crazy

stuff uh it was awesome the funny thing

about the story was I finally bought my

dream car which is a 2018 C Cadillac

CTSV with your ZR1 you know C7 engine in

it and I was driving back like a little

old grandma I'm not kidding you I had it

in cruise I had it on cruise control the

entire time because I was scared to

death to touch the throttle on that

thing because it was twice the

horsepower the Mustang I just drove it

over a 100 and I was certain I'd be in

prison or jail by the time I got home if

I touched it so it was a great day yeah

and for those of you that uh are

unfamiliar with Florida driving when he

says he was driving like a grandma

that's I believe

85 uh here in Florida that's true oh my

goodness yeah is pretty crazy I guess I

should have I should have asked the

question should have been Corvette or

Tesla uh oh still Corvette still

Corvette no question yeah yeah yeah I

well it's because you said you know love

you love hearing the sound of the the

engine and you know that's the you

because Corvette's coming out with the

eay it's it's actually out now uh with

the electric engine in the front and and

the you know combus engine in the back

and people are like oh it's electric

electric car I'm not buying it I'm like

are you kidding me and now it's like

almost 700 horsepower I'll take one

thank you I don't know if you've seen

the Cadillac um I think it's Cadillac

that has the hybrid uh where it it

starts off electric and makes this like

jet engines kind of sound and then the

then the internal combustion engine

kicks on but that thing is incredible

it's 12 2,000 horsepower or something

like that in a in a formula car but it's

incredible that that e-r is going to be

the same way yeah yeah and and Corvette

smart too because you can start in

electric mode and be very quiet like

they call it leaving your neighbor you

know leaveing in your neighborhood but

they don't call it electric mode they

call it stealth mode I'm like well there

you

go I like it though I like it it's like

a stealth bomber yep I love it I love I

can't wait I can't wait awesome all

right so um thank you so much Gary for

being on our show is there anything else

that you wanted to touch on um with

regard to the family bank and um how how

it helps um people like us you know

build wealth um and serves as protection

as well yeah so I I would say that um

one thing that I didn't really talk too

much about in the hierarchy of wealth

side it does come into play with with

family bank but again I will I will tell

people like once you get your liquidity

established then go use use it for

directly controlled Investments unless

you're already filled up there and

filled up means I I can't focus on my

business because I got too much real

estate or whatever that to full means

right yes and but to me tier 2 investing

is initially an on your own business if

you're running one but definitely on

directly on real estate with long-term

fixed rate Fanny made conventional loans

on it and that really comes from my

childhood and that we lost our farm like

I mentioned in the 70s and I recogn Iz

the impact of not protecting your

hard-earned money what you have

accumulated from the Insidious impact of

inflation like I hate inflation I hate

High interest rates I hate that the

government can print money but we are

there like we yeah instead of trying to

be Don kot and and tilt the windmills

just realize you're in a bunch of

windmills and go buy one right and so so

I now wants to get as much long-term

fixed rate loans on uh real estate that

I can because somebody's going to pay

off the debt for me I'm going to get

cash flow from it and it's going to

appreciate because the government keeps

getting you know devaluing the currency

on us and so you could you know there's

different ways to build wealth but

that's one of the most fundamental

things you got to put in place is own

real property and if you can get

somebody to rent it from you and you can

give some get somebody to give you an

80% loan on it that's at a fixed rate

that's going to make it's not going to

guarantee you wealth but it's going to

become pretty close yes yes and then

borrow against your policy to make it

happen yes love that um so so powerful

okay so if anybody wants to learn more

um what is the best way to reach you or

find you yeah so I tried to make it a

simple as possible uh just it's just my

name so it's garygary Pinkerton domcom

so last name is the color Pinker t n so

it'll I'm sure it'll be on the show

notes or whatever but yeah just Gary at

Gary Pinkerton dcom that's the best way

and we have a ton of amazing resources

including a live an ability to put your

financial information in and create

hierarchy of wealth which I think I need

to show the two of you because it's just

got out a few months ago but but you can

you know actually see your world change

as you buy one more tier two and get rid

of a tier four you can see it adjust um

and so that's all at Paradigm life and I

will give you the the contact

information there but you can go check

us out and what we do there as well it's

just Paradigm

life.net um but the easiest way to get

me is Gary at Gary Pinkerton decom

fantastic and we will have all of these

links in the show notes thank you again

Gary for joining

appreciate the value that you shared

with everyone here and for everybody

else we are looking forward to seeing

you next week bye bye awesome thank you

guys wow what another amazing episode

Gary I I just love him he's so full of

energy and he's just a wealth of

information I really enjoyed you two

going back and forth about cars I could

do that all day yeah I know you guys

could so hope you enjoyed that show um

it was really incredible we are so happy

to have Gary on I wanted to share with

you a little bit about what we have

going on right now uh we are just now

getting ready to release the power fund

uh By the time this recording is uh

released to you it might actually be

launched already so please contact us

about it the power fund is going to

allow you a ton of flexibility um it it

has liquidity options that's something

that we were talking with Gary about on

this episode is during a time like we

are in right now it's really really

important to have some of your funds in

a liquid investment um so that you can

grab it um when you see fit um so we

have a power fund launching it is six to

14% interest that the interest rate is

going to be dependent upon how long

you're going to be in the fund so if you

do want to be more liquid and that's the

bucket of funds that you're using you're

going to get a higher rate of return

than your bank um than any other

investment out there that's why we built

it this way but it'll still give you

liquidity um so make sure you contact us

and learn a little bit more if you want

that higher 14% interest rate we do have

um terms that go up to 10 years um the

longer that we're able to use the funds

the higher interest rate that we can

give you over the long run um so that's

why it's structured that way um but it's

built to U provide uh benefits to

everybody whether it be cash flow

compound interest for those of you

looking for growth diversification

liquidity um we really packed a whole

bunch into this fund that's why it's

called the power fund so if you want to

learn more about that then go to chat

with freedom.com scroll down and then

jump on the calendar of either Ben or CJ

and they can tell you more about it and

until then we look forward to seeing you

on the next Freedom show which is next

Wednesday bye

[Music]

bye nothing on this show should be

considered specific personal or

professional advice please consult an

appropriate tax legal real estate

Financial or business professional for

individualized advice opinions and

information on the show are not

guaranteed all investment strategies

have the potential for profit or loss