“Parked cash is a silent tax… turn that money into working capital that's consistently building and compounding”

Entrepreneurs on Fire · How Successful Business Owners Can Become Their Own Source of Financing with Mark Willis

Play from 22:19
22:19

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What was described

Move parked cash from savings/checking accounts into working capital that continuously compounds

Said nearby on the same subject

“They moved $230,000 into a policy, it compounded immediately, and a later client borrowed $800,000 against several policies while cash value kept growing.”
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“You should be using your traditional accounts for your lower returning investments. So if you have a diversified portfolio of cash, bonds, and stocks, use your traditional accounts for the cash and bonds”
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