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Disruptors

What The Wealthy And Banks Know That You Don’t

Disruptors

Steve Trang

Business, Investing, Careers

4.9742 Ratings

🗓️ 5 January 2025

⏱️ 87 minutes

🧾️ Download transcript

Summary

In this eye-opening episode, we sit down with Ferenc Toth, the founder of Your Personal Bank, to uncover the financial strategies and insights that the wealthy and banks utilize – but often keep hidden from the general public. Ferenc shares his unique journey from the financial industry to developing the “Personal Bank” concept. This powerful strategy combines insurance and banking products to create positive arbitrage and tax-free growth. Whether you’re a real estate investor, business owner, or simply looking to secure your financial future, this episode is packed with actionable advice and eye-opening revelations that can help you take control of your financial destiny. What The Wealthy And Banks Know That You Don’t | Video Replay https://youtu.be/tK6Ilf-icoM What The Wealthy And Banks Know That You Don’t To Close More Sales Faster: closemoresales.com/salesmasterclass MOTIVATED LEADSGet a $300 Credit When You Mention STEVE TRANG when you contact us.https://www.motivatedleads.com/ The Collective Genius Connect with the top Real Estate Operators in the Country and Get Access to Capital for your deals. Visit: www.100PercentMoney.com Objection Proof Selling Sell As Your Authentic Self https://objectionproofselling.com/ What The Wealthy And Banks Know That You Don’t Ferenc Toth | Your Personal Bank https://yourpersonalbank.com/ Ferenc founded Your Personal Bank, a financial platform that helps clients grow their money with guarantees, tax-free benefits, and liquidity. With over 25 years of experience, Ferenc has advised over 1,000 clients, mentored numerous advisors, and led a company serving over 5,000 clients with a team of skilled professionals. Recognized nationally as a top financial advisor, Ferenc is passionate about promoting financial literacy and helping people understand how current events impact their money and freedom. A proud U.S. Army veteran, Ferenc served in the prestigious Fife and Drum Corps, performing at high-profile events across the country. In his personal life, Ferenc is a semi-professional bass trombonist, a dedicated husband of 20+ years, and a proud father of two daughters, including one with autism. His experiences give him a unique perspective and compassion for families with special needs. What The Wealthy And Banks Know That You Don’t | Takeaways 1, Financial literacy is crucial, as traditional investments like 401(k)s and IRAs often fall short. 2. The “positive arbitrage” strategy uses insurance and banking products to generate income on every dollar spent. 3. The bond market has a big influence on the economy and signals a potential shift towards fixed assets. 4. Self-directed IRAs have limitations, so it’s better to pay taxes strategically when rates are low. 5. There’s a difference between “strategic debt” that builds wealth and “consumer debt” that should be avoided. Get 10% OFF on InvestorLift. Use promo code DISRUPTORS. Earn MORE in wholesaling—FAST! https://get.investorlift.com/disruptors/ Share this with someone who would value this information. 👉 For more excellent free content! Subscribe to Our YouTube Channel https://www.youtube.com/@DisruptorsPodcast Schedule a free call with our Millionaire Advocates to discuss your situation and receive personalized advice. https://rb.gy/e0cqfh Get Connected https://tap.bio/@stevetrang Follow Us on iTunes/Apple Podcast and Leave a ⭐️⭐️⭐️⭐️⭐️ Review Disruptors https://podcasts.apple.com/ph/podcast/real-estate-disruptors/id1386400008 Spotify https://open.spotify.com/show/7G54paZF7C28VF6l2hLCvl?si=cxHATrYLQ6Ws7kgtWonuXQ https://open.spotify.com/show/7G54paZF7C28VF6l2hLCvl?si=MS-x88vlRNiidB8NpV_2cw Take Your Sales Team To The Next Level! Learn more about our Sales Training, Workshop, and Mentorship!  www.closemoresales.com Disruptors Sales Masterclass Create a Recession-Proof Business That Thrives in any Market Condition https://www.disruptors.com/salesdisruptors☎️ Join our Sales Community NOW!https://www.salesdisruptors.com/ Struggling? We’re here to help. Schedule a call with us! https://rb.gy/e0cqfh Want to Work with Us? We’re looking for people who want to invest in real estate. If this is you, go to www.teamwithsteve.com. LOOKING FOR A NEW CAREER? DISRUPTORS IS HIRING! Want to work with us? https://www.disruptorsjobs.com/ Get 10% OFF on InvestorLift. Use promo code DISRUPTORS. Earn MORE in wholesaling—FAST! https://get.investorlift.com/disruptors/ Helpful Links Buy our Perfect Seller Appointment Checklist. https://www.disruptors.com/checklist Want to close more deals without spending any more money? Go to 👉https://www.disruptors.com. Please give us a follow on Instagram: https://www.instagram.com/steve.trang TikTok: https://www.tiktok.com/@stevetrang Facebook: https://www.facebook.com/stevetrang Twitter: https://www.twitter.com/stevetrang Visit: https://web.disruptors.com/erc www.agentinvestors.com/red www.joinreal.com steve@closemoresales.com Text me at 480-637-2313 Real Estate Resources Please find out more about wholesaling by joining our movement at https://l9aljqz8k7.wpdns.site. Join Our Private FB Group. https://www.facebook.com/groups/realestatedisruptors/ Real Estate Resources: https://www.disruptors.com/tools About Steve Trang Steve Trang’s mission is to create 100 Millionaires. Why 100 Millionaires? Steve saw that assisting someone become a millionaire by building their business is a key measurable to helping them fulfill their dreams. People change and update their visions over time, but having the means to achieve them remains a necessity. Thus, creating millionaires means helping people live their dreams. To further this mission, Steve started the Real Estate Disruptors podcast in 2018 to inspire wholesalers and real estate agents to double their incomes by adding a second leg to their business — working together on investment properties. The podcast has grown to over 100,000 downloads per month and over 3 million YouTube views, with new guests sharing their success stories and imparting advice every week. As a sales coach, Steve has helped thousands of clients generate millions in sales over the past few years in a variety of industries. His Disruptors Selling System teaches salespeople to ethically work with customers to discover their true needs, and then craft a solution that works for the customer. One of Steve’s favorite quotes is from the great Zig Ziglar: “You can have everything in life you want if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. In fact, it’s one of the core values Steve lives by. Steve is also a successful businessman. On top of owning single-family rentals, he also owns apartments, co-founded a bank, and is a part-owner of several other businesses. What The Wealthy And Banks Know That You Don’t The post What The Wealthy And Banks Know That You Don’t appeared first on Real Estate Disruptors.

Transcript

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0:00.0

If you haven't realized it yet, everything has changed economic. Last decade was the decade that was known as easy monetary policy, low interest rates, stock markets and real estate markets, crypto, you name it, just took off.

0:14.1

We are now in the midst of one of the biggest bubbles in history. Look at Warren Buffett. Warren Buffett has sold more stock in his career,

0:20.9

both percentage and dollar-wise, or this past year, than any point in his 60-plus year career.

0:25.4

Pretty smart dude to listen to and follow. You know, last quarter, he didn't buy a single

0:28.7

dime of stock. I don't think he's ever done that in his career. Warren Buffett's actions

0:33.4

are telling us what's going to happen. By the way, he did the same thing before 2008, 2009. He did in 2007. He also did in 2000.

0:39.9

So everything you thought about that you thought was good the last decade, guess what? It ain't probably going to be anywhere near as good this decade. I shared earlier.

0:49.0

All the analysts, they're all projecting S&P 500 returns between 3 and 5% and significant corrections in the next

0:55.9

decade.

0:58.3

Hey, everybody.

0:59.1

Thank you for joining us for today's episode of Disruptors.

1:01.0

Here we have Ference Tooth with your personal bank.

1:04.3

And Ferrence is another player in the Phoenix area.

1:06.5

And he's here to talk about what the wealthy and banks know that you don't.

1:11.4

Now, guys, I'm going to mention you create 100 million millionaires the information on the show alone is enough to help you become a

1:15.1

millionaire in the next five to seven years if you'll take consistent action you'll become one

1:19.4

and guys if you get value out of the show please hit that subscribe button it was a five-star review

1:23.4

that way we can create more millionaires ready i? I'm ready. All right, Steve.

1:29.1

All right. So right now we're talking about what the wealthy and based on that you don't,

1:34.1

but before you got into this world, what were you doing? I was in the financial world working as a,

1:43.5

you know, IRAs, 401Ks, retirement plans, that type of things.

1:47.1

And I kind of stumbled upon it coming from the blue collar world, grew up on a farm, all that,

...

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