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To: GROUND ZERO™ who wrote (48369)4/9/2013 9:09:18 AM
From: penthouse mike  Read Replies (12) | Respond to of 221755
 
Are you still short bonds?



To: GROUND ZERO™ who wrote (48369)4/10/2013 1:52:01 AM
From: John Pitera  Read Replies (1) | Respond to of 221755
 
Hi GZ, what these are, are very effective tax minimization approaches........ the life insurance lobby is the most poweful in the country.......

and when you couple that with CPA's or Tax Attorneys that can create a vast array of trusts it is mind blowing how you can mnimize your tax bill............. every year.

Foundations are this type of tax minimization schemes on steroids..... It's astonsishing how you can preserve wealth and compoung it tax free...... But You do have to have enough bucks to establish these........ or you need a set of Knowledegable Tax CPA's and attorrnies and you need some money to pay these guys unless you play golf with them or went to school with them.

I actually have had thoughts about setting up a company where CPA's and TAX attorneys provide the consulting for a bunch of people that don't realize that they can afford to Set up a foundation......

but that's pilot project that will be influenced by what I am doing over the balance of the year.

John