Asset Protection for the Real Estate Investor
Since January 25th, I have had a nearly uncontrollable urge to write about the one hour sitcom I watched that same night at around 9 pm EST. This was one of the funniest shows I have seen in a long time. Of course I am talking about Barry O’s State of the Destruction Address. On […]
Detroit – Beyond Thunderdome
Last week I read an article in The Wall Street Journal titled, ‘Detroit and Decay’. It was truly disturbing. To me it tells a story about where this country is heading. In the early days of the industrial revolution, Detroit was the hub of innovation and capitalism. Today it more closely resembles a landscape scene […]
Asset Protection in the ‘Great Reset’
We are now living in what I call ‘The Great Reset’, which will require each of us to reevaluate our own effectiveness and value in society. In ‘The Great Reset’, we will experience many changes that will affect not only our lives, but the lives of the next generation as well. I hope you are […]
Asset Protection for your Home
For many people, your home is the single largest investment you will make. You will notice I did not use the word ‘asset’ because I consider a home to be a liability. Assets make you money, liabilities cost you money. Nevertheless, it is a large investment and one you certainly want to protect from the […]
I’m Rich, Sue Me
I am writing this newsletter on a KLM flight from Europe back to the US. Over the past few days I have been attending an investment conference in Zurich. I am returning armed with asset protection and investment ideas that will help with the transition into the ‘Great Reset’. In my travels, I make it […]
Protect Your Assets Now
In order to get the people to believe the US is the best place to do business, it must first BE the best place to do business. And this involves creating the proper incentives. I truly believe that a large part of this needs to begin with a massively overhauled tax code similar to what […]
The Morality of Asset Protection
Back in May I went on a 12 day trip to Amsterdam and New York, then back to Estonia. The purpose was to attend an annual entrepreneurship conference in New York that I have been a part of for 6 years now. And what an amazing trip. Each year we gather in a different US […]
Asset Protection – FATCA Requirements
The Foreign Account Tax Compliance Act, or FATCA, will require all foreign financial institutions or FFI’s to enter into information disclosure agreements with the IRS. A FFI is any non-U.S. entity that accepts monetary deposits, holds financial assets for the accounts of others, or participates in the business of investing or trading securities, commodities, partnerships, […]
LLC Secrets to Keep Your Assets Safe
While we have found there are two main threats to your wealth; litigation and government intervention, the focus for today will be primarily on litigation. In 2008, there were nearly 1.2M practicing attorneys in the US alone and nearly 400K students in law school. Costs of litigation consumed 2.3% of the US GDP, or approximately […]
China Building $8B Oil Refinery in Nigeria
In the news… China is going to build an 8 billion dollar oil refinery in Nigeria. It is the first of 3 refineries that comprise a $23bn agreement between NNPC and CSCEC. Nigeria’s state oil company, NNPC, will cover 20% of the cost while the state of Lagos will provide the land. The China State […]