Investing Like The Kwak Brothers: 3 Simple Principles You MUST Follow To Achieve Financial Freedom!

Sam Kwak of The Kwak Brothers is one of many people who are living proof that the American dream is still alive. He immigrated with his family in 1999. Now, he’s a successful entrepreneur and real estate investor. Along with his brother, he mentors many Americans–helping them reach financial freedom.

Join us in this insightful interview as Sam introduces us to the Kwak Brother’s Trilogy of principles and a few Infinite Banking concepts to help you invest your money better.

In this episode, Sam also shares how God has guided and helped him throughout his endeavors in his life.

Don’t Forget To Reach Out To Sam Kwak:

Linkedin: https://www.linkedin.com/in/sam-kwak-004529182
Website: https://thekwakbrothers.com/
Youtube: https://www.youtube.com/c/TheKwakBrothers
Facebook: https://www.facebook.com/samkwakofficial
Email: info@kwakbrothers.com

Quotes -
“Business is a phenomenal vehicle to not only improve yourself but also to develop your character.”

“I realize the sooner I can get a place where I can help people have peace with money that looks a lot different than what most people have known; not only was I fulfilling my purpose that God's given me but also I felt like that's the quickest way to transform people.”

“You’ll meet people in their 60s or 70s, who still have 25 years left to go on their mortgage and that’s the number one crutch right now or weight that I would say that’s preventing people from actually retiring.”

“Don’t touch your HELOCs directly, use credit cards. Personally, I love American Express because they give you a ton of points just for everyday shopping… then at the end of the month pay off your credit card using a HELOC.”

“A lot of people actually don't know that their mortgages are also callable. Banks can call this no due any time they want to.”

“It’s more than just real estate and strategy and tactics, it’s awaking them to the possibility of ‘You can be like Donald Trump if you want to.’”

“I pay attention to the people who are writing the rules and creating the rules to see where they put their money in and figure out why.”

“Life insurance is not inherently an investment. You’re not supposed to park this money and let it stay there. This is supposed to be a financing tool or a foundation to your finances to which you take so that your cash value is supposed to actually do something more than just sit there.”

“If I had a billion dollars, I would hire the best of the best teams to go actually build something that’s going to solve a problem.”

“God’s using a lot of the businesses right now, business leaders, men and women to facilitate God’s Redemption Arc.”

Concepts -
As an entrepreneur, your ability to learn quickly and adapt, and to bounce back in the face of challenges or resistance is very important.
Challenges and adversities are great ways to learn, mature, and grow not only as an entrepreneur but also as a person.
Put your savings into a Home Equity Line of Credit or HELOC to lower your balance which also lowers the interest that you pay. And you can get the money you put into HELOC out whenever you want to.
Having the correct mindset is more important than having the tactics when entering a business.
One of the concepts of infinite banking is instead of relying on banks and paying them interest and payment fees, use other avenues like life insurance so that you are the main benefactor of your money instead of the banks.
There are ways you can borrow your money that you have invested in a life insurance policy through what is called a Non-Direct Recognition Loan. When done correctly, the interests you are paying for this type of loan will still be added to your cash value pool.
The life insurance companies predate the Federal Reserve and the IRS which means that life insurance policies are mostly not regulated by the government.

Time Stamps -
0:00 Introduction
13:05 Importance of investing in real estate
15:30 How did you adopt the mindset for business?
17:10 Struggles of an Immigrant to the United States
19:25 When did you choose to be an entrepreneur?
21:42 How to pay your house off faster?
29:23 Shorter term mortgages
33:02 Dealing with issues on HELOC
37:38 How much money should you put in the bank instead of a HELOC?
39:40 How to invest in real estate?
44:45 Seller Reps
46:09 How to preserve wealth and grow it?
52:24 Having your own Financial Ecosystem
59:04 Protections on Whole Life Insurance Policies
1:02:59 What would you do if given a billion dollars?
1:06:01 Applying your faith to your business
1:11:51 Being a Christian Business Owner
1:16:59 Giving back to the world

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