I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
True. I first came across investing in the market in 2019. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?
We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I’m 51 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify.
Own gold and silver. Pay off debt. Stockpile resources. Keep cash on hand out of bank. Incorporate yourself and business. Have accountants and attorneys achieve layers of separation from liabilities. People are often if not always the liabilities.
A fake general contractor has been taking money upfront, doing partial work (or none at all) and still not arrested (and judgements against him are meaningless since he had hidden all his assets- mostly by buying things for family member or donating his customers money to area churches). See case of Stalworth Construction in Texas, who owner has now stolen nearly 7 figures over the last 6 years, and continues along across multiple area counties as if nothing has happened. Do you have advice on how to avoid such scammers or how to help make them accountable? In this case not even the area DA is prosecuting. Texas apparently makes it very difficult for collection agencies to go after non-corporate debts.
Word of mouth is so important. The people who have had bad experiences with him can tell their story online or to their family and friends, and leave his company bad reviews. Mention him by name too so if he changes his business name his name is still there. Never hire anyone to work on your home if you have not gotten a good review about him ( or her) from someone you trust. And why pay upfront?
@@staresce This particular contractor convinced church friends to give false good reviews (including on the BBB), and had a retired chief of the fire department as his project manager (with pictures of him in uniform at the office, to appears as if legit). As for paying upfront, this con man claimed ordering materials in bulk and passing a discount to the final price. Despite felony amounts (over $100K) and contract violations, he's gotten away with it multiple times. Search Stalworth Construction in Texas, the DA won't prosecute and the only theory is due to how much he's "donated" to local community.
These are usually good. This one is click bait. It bothers me that you didn't explain how to make things invisible. You talked about vests and invisibility suits. You even got into COPE. All cool. But not the stated topic. 😪
This is a little confusing because Most of the time when you fill out a form or any other document, the system automatically rejects P.O. Box information. They’re required real physical address. What can we do?
I have an LLC that I maintain as a Disregarded Entity. It has a bank account with cash in it because that's a requirement. The thing is, it takes a couple months to set up an LLC that you might need tomorrow. You might want a lawyer to set up your LLC. Mine is about 100 pages. Do you want someone's lawyer to read one page and come after you? Or do you want their lawyer to have to study it a month and by the time he gets done be unsure because he forgot most of it before he finished reading it?
My problem isn’t about owing money from creditors cause I don’t borrow ,maybe lawyers incase of a lawsuit but just for the secrecy to prevent so many people from over-begging and stupid government palliatives and for security and theft.
I'm a sole proprietor that sells my services. It's economical for me to buy insurance for my personal liablility. What is the difference between having a LLC as you talked about and having a grantor irrevocable trust? As a grantor of such a trust I can have profits (usually investments) from that trust be taxed at my (grantor) personal tax rates instead of the higher trust tax rates. This is accordance with IRS rules.
Great question! Your understanding of the tax benefits of a grantor irrevocable trust is spot on. How do you weigh the benefits of liability protection through an LLC against the tax advantages of the trust in your overall strategy?
If we've had an LLC for a few years but have not utilized it properly (separate bank accounts, booking minutes, etc.), are we able to start doing those things and be protected? Or is it better to just set up a new LLC and do it right from the start?
What you say is true. But remember God has given you some power to exercise as a human being, and he has made you a custodian over certain things for a time. Take care to be practical and diligent in what you know, and in the actions you can take, while also asking for the aid and guidance of God. Also look into Islam, the final testament. God bless.
Amen to that! 🙏But.. while here on God's footstool, I think wisdom would teach us to be cautious and careful. Dangle a strawberry in front of a chicken, and the chicken will eventually want to snatch it up. Just like locking the door to your car without leaving a wallet on the dash, a thief doesn't care that its locked if he wants the jewels.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
Their ...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I had an incorporated business that should have protected assets from the SS. How can I capture these losses from the social security administration. Are the attorneys that handle cases like mine?
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Also you can protect the assets you have not worked hard for, or have not done any work for whatsoever. Like wearing a camouflage jacket while others suffer around you.
Clearly, your are selling the belief of simple asset protection but I wouldn't count on it. As you say in your opening, "many believe they have asset & privacy protection until something happens"....and they didn't. That's because if you get sued for x and the plaintiff demands an accounting of ALL your assets, accounts, & liabilities in discovery or depositions, and it's later discovered, you will then be facing additional counts & litigation. This strategy MAY work if someone is only on a fishing expedition, looking for a reason to sue you.
You bring up a critical point about the potential risks in asset protection strategies. It’s essential to be fully prepared for any legal challenges. How do you ensure that your asset protection plan is robust enough to withstand intense scrutiny?
As stated in the video, there are 15 levels. LLCs are set up simply to obfuscate. Anyone determined enough can find everything. The only true way to shelter assets are irrevocable trusts where you have zero control. Tough road to hoe in practice, however.
As a beginner, it's essential for you to have a mentor to keep you accountable. I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Great ideas. I already shred any papers or anything with my name and address. I have been scammed by sales people twice getting something I really don't need.
Depends on where you live and the sequence of events. I live in TX, a community property state. Because I purchased my home before I got married, I didn’t need any structure to retain sole ownership of/interest in my property in divorce. I could have gone after her for all the credit card debt since it was incurred during the marriage, but didn’t to get it pushed through uncontested. Before the ink was dry on the decree I set up a domestic operating company and a foreign COPE entity for all my future investments/business dealings. TL:DR-if you’re married first, most likely not, as the LLC can be argued to be an asset of the marriage. Prenup/postnup will probably be more effective depending on your state’s laws.
It used to. Most states got wise and changed laws to still get those assets iirc. Look into Colorado trusts, though. I think those are still safe. Probably best to just have your stuff in someone else's name entirely. Like that soccer player did.
Depends on where you live and whether the marriage or the trust came first. Prenup/postnup is safest bet, but with enough years together, just about everything can be pierced in court.
Mark....!!!! I want to work with you... I will Fly to your City if I have to but I want to sit down or Zoom with You. Please give me a chance to explain why. Thank you in Advance.
Generally, only if your assets are above $12 million or $24 million married do you need to look an irrevocable (current federal estate tax exemption levels). Though those are scheduled to drop in 2026
Take the first one in each bot string and report it by clicking the 3 dots to the right :. I like to go through and report them all while listening to the video.
Since you own the holding company, your ownership interest (such as corporation shares or LLC membership units) is considered a personal asset. Creditors can seek to satisfy a judgment against you by going after this ownership interest.
If set up correctly, any creditor, outside of the Feds, will have virtually no way to discover your entities, much less knowledge of your ownership interest.
@@haimarazy you set up a trust, which owns an LLC in a state like Wyoming or Nevada that provides anonymity to its owners, and that LLC owns your different income-producing assets. Thus, you don’t actually own those business assets, or even the LLC that owns them. You also don’t own the trust, and you name somebody outside of your family that you trust as the trustee. If you want to be super safe, you also name someone (or a law firm that you pay) as the “trust protector” who oversees what the trustee does with the assets and distributions of the trust, and can stop the trustee from stealing from you or mismanaging things. You (and/or your family) are the trust beneficiaries. You do have a beneficial interest in the trust, but you don’t control it. There is thus nothing for you to disclose. Many years ago, I heard the statement that “the rich don’t own anything, but they control everything.” This is how you do that.
How to do this protection but as an European citizen? A low cost solution for someone that just has a regular white collar income and just wants to protect his life savings.
Different states does almost nothing, because a judge has domestic authority (whole usa), and can pierce anything. You have to have structures outside the reach of usa judge. Those are llcs and trusts in cook islands, st kitts and nevis, and bank account in swiss.
@@user-ep2es1mp5r If things get deep, wyoming or freakin commie fornia llc, makes no difference. Singapore might as well be similar to usa domestic llc. Gold standard is cook islands or nevis. Trust me, i know, did a lot of homeworks on it, seen hundreds of hours on offshore trusts, llcs and their formations. Singapore good for banking though.
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
Can you create a video on how the IRS calculates the ROTH IRA contribution limits? Trying to build a forecasted model for future investment strategy / predictions but can't find any detailed information out on the web that helps with the front door method ( I don't make enough now for the backdoor method sadly). Basically I'm trying to figure out what will be the contribution limits for the next 30-60-80 years on average (obviously tons can happen over the years) to see if I can help build my kids ROTH IRA at a young age teach them to contribute over their lifetime, and could their kids (my grandkids) become billionaires after 2-3 generations of sticking with this plan?
I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
True. I first came across investing in the market in 2019. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?
We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
I’m 51 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify.
Own gold and silver. Pay off debt. Stockpile resources. Keep cash on hand out of bank. Incorporate yourself and business. Have accountants and attorneys achieve layers of separation from liabilities. People are often if not always the liabilities.
You left out move your cash outside the US. I actually made money on the Forex too.
Camera cutting back and forth to full face view and off-camera is so distracting. Pick one!!!
I absolutely LOVE your comparison of the Bullet Proof Vest and Camouflage!!!
Too many metaphors. I'm 3 minutes in ,nothing has been said.
So you refuse to be hamstrung by a lame duck YT video production …
read on …
Sorry about the mixed metaphor … I couldn’t help myself … 😊
when people repeat themselves it means they don't understand what they're saying
@@figgettit Looking back in retrospect you’re probably and presumably correct.
@@penguinvic9892 I mean he doesn't even know the difference between garnered and garnished.
Just saw the video, I directly subscribed. Soon I will purchase the books.
Dude legit looks like Bruce Springsteen - Finance Edition. Born In The USD Way
A fake general contractor has been taking money upfront, doing partial work (or none at all) and still not arrested (and judgements against him are meaningless since he had hidden all his assets- mostly by buying things for family member or donating his customers money to area churches). See case of Stalworth Construction in Texas, who owner has now stolen nearly 7 figures over the last 6 years, and continues along across multiple area counties as if nothing has happened. Do you have advice on how to avoid such scammers or how to help make them accountable? In this case not even the area DA is prosecuting. Texas apparently makes it very difficult for collection agencies to go after non-corporate debts.
Word of mouth is so important. The people who have had bad experiences with him can tell their story online or to their family and friends, and leave his company bad reviews. Mention him by name too so if he changes his business name his name is still there. Never hire anyone to work on your home if you have not gotten a good review about him ( or her) from someone you trust. And why pay upfront?
@@staresce This particular contractor convinced church friends to give false good reviews (including on the BBB), and had a retired chief of the fire department as his project manager (with pictures of him in uniform at the office, to appears as if legit). As for paying upfront, this con man claimed ordering materials in bulk and passing a discount to the final price. Despite felony amounts (over $100K) and contract violations, he's gotten away with it multiple times. Search Stalworth Construction in Texas, the DA won't prosecute and the only theory is due to how much he's "donated" to local community.
Enjoyed the video. Thanks for sharing
These are usually good. This one is click bait. It bothers me that you didn't explain how to make things invisible. You talked about vests and invisibility suits. You even got into COPE. All cool. But not the stated topic. 😪
Hey I bought your tax book and it was EXPIRED for 2023! Can I receive a refund?
Good luck with that!
Test his asset protection w a lawsuit 😅
I save my videos in the cloud, with a copy on my PC, a copy on my laptop, and a copy on a SSD external drive.
This is a little confusing because Most of the time when you fill out a form or any other document, the system automatically rejects P.O. Box information. They’re required real physical address. What can we do?
Get an office address that looks like a regular address, many companies offer mail service.
I have an LLC that I maintain as a Disregarded Entity. It has a bank account with cash in it because that's a requirement. The thing is, it takes a couple months to set up an LLC that you might need tomorrow. You might want a lawyer to set up your LLC. Mine is about 100 pages. Do you want someone's lawyer to read one page and come after you? Or do you want their lawyer to have to study it a month and by the time he gets done be unsure because he forgot most of it before he finished reading it?
My problem isn’t about owing money from creditors cause I don’t borrow ,maybe lawyers incase of a lawsuit but just for the secrecy to prevent so many people from over-begging and stupid government palliatives and for security and theft.
I lv that painting you blocking the lower part
Good one mark.
I'm a sole proprietor that sells my services. It's economical for me to buy insurance for my personal liablility. What is the difference between having a LLC as you talked about and having a grantor irrevocable trust? As a grantor of such a trust I can have profits (usually investments) from that trust be taxed at my (grantor) personal tax rates instead of the higher trust tax rates. This is accordance with IRS rules.
Great question! Your understanding of the tax benefits of a grantor irrevocable trust is spot on. How do you weigh the benefits of liability protection through an LLC against the tax advantages of the trust in your overall strategy?
If we've had an LLC for a few years but have not utilized it properly (separate bank accounts, booking minutes, etc.), are we able to start doing those things and be protected? Or is it better to just set up a new LLC and do it right from the start?
Do it right from the start.
The best people to ask the question are the investors themselves.
God holds all my assets no person or entity on earth has power over it
What you say is true. But remember God has given you some power to exercise as a human being, and he has made you a custodian over certain things for a time. Take care to be practical and diligent in what you know, and in the actions you can take, while also asking for the aid and guidance of God. Also look into Islam, the final testament. God bless.
Amen to that! 🙏But.. while here on God's footstool, I think wisdom would teach us to be cautious and careful. Dangle a strawberry in front of a chicken, and the chicken will eventually want to snatch it up. Just like locking the door to your car without leaving a wallet on the dash, a thief doesn't care that its locked if he wants the jewels.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
Their
...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I'm new at this, please how can I reach her?
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
What is the minimum baseline of assets, cash and salary to consider creating a Trust?
What if your co is HQ in the islands...
Mashud Arabian ra jodi big budjet invest korte chai OK korte bolo one percent pabe ar royality income fifty fifty hobe
The video is about assets and your video title shows a picture of a car? Are you not aware a vehicle is a depreciating liability?
Watch the entire video. Furthermore, a car as a depreciating asset hits a bottom and eventually it goes back up in value if old enough
@@noneyabeeysnass8283 😆
AT this time..seems that is impossible...giving investor profit without a benefit?....What is the exchange of their doing you a favor to profit?
I had an incorporated business that should have protected assets from the SS. How can I capture these losses from the social security administration. Are the attorneys that handle cases like mine?
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Hi Mark. How can we set up a consultation with you.
*PLEASE I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?*
As a beginner, it's essential for you to have a mentor to keep you accountable.
I'm guided by a widely known crypto consultant
Mrs Felda Fred
This is correct, Felda Fred strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
Isn't that the same Felda Fred that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Can you please do a video on the Step up Basis tax rule?
Thank You For This Information 💚💚💚💚I Have Subscribed To Your Channel To Learn More💚💚💚💚🦅🦅🦅🦅
Also you can protect the assets you have not worked hard for, or have not done any work for whatsoever. Like wearing a camouflage jacket while others suffer around you.
Clearly, your are selling the belief of simple asset protection but I wouldn't count on it. As you say in your opening, "many believe they have asset & privacy protection until something happens"....and they didn't. That's because if you get sued for x and the plaintiff demands an accounting of ALL your assets, accounts, & liabilities in discovery or depositions, and it's later discovered, you will then be facing additional counts & litigation.
This strategy MAY work if someone is only on a fishing expedition, looking for a reason to sue you.
You bring up a critical point about the potential risks in asset protection strategies. It’s essential to be fully prepared for any legal challenges. How do you ensure that your asset protection plan is robust enough to withstand intense scrutiny?
As stated in the video, there are 15 levels. LLCs are set up simply to obfuscate. Anyone determined enough can find everything. The only true way to shelter assets are irrevocable trusts where you have zero control. Tough road to hoe in practice, however.
What's the most common winning investment strategy for a new beginner, with more or less than $5,000 to invest?
As a beginner, it's essential for you to have a mentor to keep you accountable.
I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Yes, I agree with you. Her platform is wonderful and her strategies are exceptional.
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
Great ideas. I already shred any papers or anything with my name and address. I have been scammed by sales people twice getting something I really don't need.
Does this protect you against losing assets during a divorce
Yes. Once it is in the name of the LLC it is not yours.
Depends on where you live and the sequence of events.
I live in TX, a community property state. Because I purchased my home before I got married, I didn’t need any structure to retain sole ownership of/interest in my property in divorce. I could have gone after her for all the credit card debt since it was incurred during the marriage, but didn’t to get it pushed through uncontested.
Before the ink was dry on the decree I set up a domestic operating company and a foreign COPE entity for all my future investments/business dealings.
TL:DR-if you’re married first, most likely not, as the LLC can be argued to be an asset of the marriage. Prenup/postnup will probably be more effective depending on your state’s laws.
Amazing advice!
How about Ai being used to find out what assets you have?
Can you be invisible to that?
Level 2 use cloud computing?
Can a Trust protect you in a case of a divorce?
It used to. Most states got wise and changed laws to still get those assets iirc. Look into Colorado trusts, though. I think those are still safe.
Probably best to just have your stuff in someone else's name entirely. Like that soccer player did.
Depends on where you live and whether the marriage or the trust came first. Prenup/postnup is safest bet, but with enough years together, just about everything can be pierced in court.
How do i contact this guy ?
lol garnished.
Is this AI generated? The high frequency cuts are weird.
And am I still protected in case of a divorce?
Mark....!!!! I want to work with you... I will Fly to your City if I have to but I want to sit down or Zoom with You. Please give me a chance to explain why. Thank you in Advance.
😂😂
@@first.or.better what’s so funny?
revocable??? thought a person would want an irrevocable living trust??
Generally, only if your assets are above $12 million or $24 million married do you need to look an irrevocable (current federal estate tax exemption levels). Though those are scheduled to drop in 2026
Is this how a banana republic president do
NO Thank You!
Why are these comments FILLED with effing bots?!
Take the first one in each bot string and report it by clicking the 3 dots to the right :. I like to go through and report them all while listening to the video.
You are amazingly good 👍
One word - Bitcoin 😊
Just pay your taxes like god say so
Since you own the holding company, your ownership interest (such as corporation shares or LLC membership units) is considered a personal asset. Creditors can seek to satisfy a judgment against you by going after this ownership interest.
If set up correctly, any creditor, outside of the Feds, will have virtually no way to discover your entities, much less knowledge of your ownership interest.
@@boroqcat If sued, don't I have a legal obligation to disclose my assets?
@@haimarazy you set up a trust, which owns an LLC in a state like Wyoming or Nevada that provides anonymity to its owners, and that LLC owns your different income-producing assets. Thus, you don’t actually own those business assets, or even the LLC that owns them. You also don’t own the trust, and you name somebody outside of your family that you trust as the trustee. If you want to be super safe, you also name someone (or a law firm that you pay) as the “trust protector” who oversees what the trustee does with the assets and distributions of the trust, and can stop the trustee from stealing from you or mismanaging things. You (and/or your family) are the trust beneficiaries. You do have a beneficial interest in the trust, but you don’t control it. There is thus nothing for you to disclose.
Many years ago, I heard the statement that “the rich don’t own anything, but they control everything.” This is how you do that.
@@ancesthntr This is very helpful, thank you.
If you get to the big money 💰 you can set up a jersey or cook Island trust with a Belize or Nevis trust 😊😊
I must get a trifecta..🌔Thank you Jesus.
you're hired!
Didn’t work for Alex Jones. 😂
How to do this protection but as an European citizen? A low cost solution for someone that just has a regular white collar income and just wants to protect his life savings.
Great video
nice rolex
a pendrive in a fireproof safe may melt, this is not a completely safe way
Extremely dangerous and venerable to theft.
Amazing. Liked and subscribed too fellow vloggers here
GOAT
Different states does almost nothing, because a judge has domestic authority (whole usa), and can pierce anything. You have to have structures outside the reach of usa judge. Those are llcs and trusts in cook islands, st kitts and nevis, and bank account in swiss.
Some states do have more privacy protection laws than others. Although having a Singapore offshore company is a great idea.
@@user-ep2es1mp5r If things get deep, wyoming or freakin commie fornia llc, makes no difference.
Singapore might as well be similar to usa domestic llc. Gold standard is cook islands or nevis. Trust me, i know, did a lot of homeworks on it, seen hundreds of hours on offshore trusts, llcs and their formations.
Singapore good for banking though.
will this protect assets from evil ex-wife in divorce
THIS!!!!
I shred all of my mail
Believe that Jesus Christ died and resurrected for you by God The Father, and love one another: you shall have eternal life in the world that is to come.
This only works for Americans
this guy is more interested in entertaining himself.
Don’t comment on CZcams either scammers got eye 👁️ balls everywhere on CZcams 🔍
LOL Mine are invisible, I have none, not many do these days. 😅
You sound like Dave Ramsey
Bullion
Self custody bitcoin. Nobody is getting their hands on anything :).
Can you create a video on how the IRS calculates the ROTH IRA contribution limits? Trying to build a forecasted model for future investment strategy / predictions but can't find any detailed information out on the web that helps with the front door method ( I don't make enough now for the backdoor method sadly). Basically I'm trying to figure out what will be the contribution limits for the next 30-60-80 years on average (obviously tons can happen over the years) to see if I can help build my kids ROTH IRA at a young age teach them to contribute over their lifetime, and could their kids (my grandkids) become billionaires after 2-3 generations of sticking with this plan?
Good Mgtow advice
BS. Save your time. No answers here. BS
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Laura shin
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Same, I met Laura shin last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Laura shin
от кого кроль прячет бабло ? от самого себя?
Best strategy: don't own stuff. Rent it when you need it.
you need to own things. borrowing isn't good😊
Mark, you talk like the typicial American scammer.
Too much BS nothing real has been said