For a second, I thought maybe he was engaging in the popular tax avoidance strategy where you keep your investments in stocks, and then rather than sell them for liquid cash and pay capital gains tax, you take out low rate, interest-only loans using the value of the stock as collateral. It's the sort of bullshit loophole available to the billionaire class to avoid paying their share of tax...
...but no, guy's just leveraged up to his eyeballs in real estate and gold-buggery, and has the audacity to claim to be a finance guru.
Doesn't believe in fiat currencies because they're not real, but is all in on Bitcoin.
For a second, I thought maybe he was engaging in the popular tax avoidance strategy where you keep your investments in stocks, and then rather than sell them for liquid cash and pay capital gains tax, you take out low rate, interest-only loans using the value of the stock as collateral. It's the sort of bullshit loophole available to the billionaire class to avoid paying their share of tax...
...but no, guy's just leveraged up to his eyeballs in real estate and gold-buggery, and has the audacity to claim to be a finance guru.
Doesn't believe in fiat currencies because they're not real, but is all in on Bitcoin.
Old man going senile.