08-09-2011, 10:08 PM
But it DOES have to do with taxes. Talk to my accountant; if you have the income to support it, there are vehicles to park your money in where you can shelter for INCOME taxes where the average person (with less than $500K in liquid, not real-estate assets) can invest in.
Far be it for me to show you how to shelter your money. I am not even sure you are employed. (
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The yacht example is a way of tax avoidance off the top of my head. There are other ways that they re-classify income (as payment to a corporation that is based outside of the US, which an individual, within the US controls, for one).
I am learning more and more working with some of my wealthy clients to where, if I am doing what they are doing, I could pretty much retire. Some of these people generate $25+K per week, every week.
Far be it for me to show you how to shelter your money. I am not even sure you are employed. (
)The yacht example is a way of tax avoidance off the top of my head. There are other ways that they re-classify income (as payment to a corporation that is based outside of the US, which an individual, within the US controls, for one).
I am learning more and more working with some of my wealthy clients to where, if I am doing what they are doing, I could pretty much retire. Some of these people generate $25+K per week, every week.