5 year Market Outlook opinions
#41
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Joined APC: Aug 2012
Posts: 609
I haven't read the book. Your insinuation, while prolly true, has no bearing on whether the information in the book is true or not.
I will take my preconceived notion of it being analagous to an "ad" and vet the information if I think it is reasonable. Isn6t that one way to learn and expand your knowledge base?
I will take my preconceived notion of it being analagous to an "ad" and vet the information if I think it is reasonable. Isn6t that one way to learn and expand your knowledge base?
The website had a “make millions from my secret for selling on Amazon” type vibe.
#42
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Joined APC: Sep 2019
Posts: 1,538
You’re right it could be true. But how do you know? I suppose you’d have to cross reference with other sources on the subject. And if you’re going to do that why not skip the guy whose main purpose seems to be to sell you on his service.
The website had a “make millions from my secret for selling on Amazon” type vibe.
The website had a “make millions from my secret for selling on Amazon” type vibe.
He has a thousand Youtube videos with a lot of detail on strategy and advice. Of course he is selling his service just like everyone else in that industry. The difference I have found with his information is that he is always up on what is happening with programs and gives advice based on what is best for the client, not his pocket. He also will not advise on anything illegal which separates him from a lot of people in his industry.
#43
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Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,605
He certainly pumps his business, especially in the last 1/4 of the book, however the guy’s lived what he preaches and there’s very useful and good information in the pages. Additionally, he stresses doing everything LEGALLY.
Last edited by WHACKMASTER; 02-13-2021 at 03:50 PM.
#44
Eh, if a pilot has enough business income to be exploring significant tax breaks, money and time would be better allocated hiring a professional tax strategist. Preferably before the end of the tax year.
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
#45
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,605
#46
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,605
#47
Gets Weekends Off
Joined APC: Sep 2019
Posts: 1,538
Eh, if a pilot has enough business income to be exploring significant tax breaks, money and time would be better allocated hiring a professional tax strategist. Preferably before the end of the tax year.
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
I watched his Youtube until I got an idea of what I needed to accomplish and then hired a lawyer and accountant to make it happen. I suppose if anyone gave him money to do legal work that would, in fact, make them a fool. The assumptions made on this forum are truly amazing.
#48
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,605
Eh, if a pilot has enough business income to be exploring significant tax breaks, money and time would be better allocated hiring a professional tax strategist. Preferably before the end of the tax year.
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
The gist is why move from a high tax state like California to say, Tennessee when you can realize much more significant tax savings by moving abroad. Or in the case of certain types of business owners, legally locating their business offshore for some pretty drastic tax savings.
Last edited by WHACKMASTER; 02-13-2021 at 04:37 PM.
#49
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Joined APC: Jun 2015
Posts: 1,638
I browsed some of Nomad’s YouTube videos. Love his theory, but most of the videos I saw used tax havens and real estate shelters in countries with some questionable security. Sure, I may save a lot on taxes, but what happens when the mafia fleece me for a “protection fee” on my rental property in Montenegro? What happens to my ex-pat bank account in Columbia when they have a run on the banks? It seems like you’re trading one problem for another.
I was expecting Bahamas, Switzerland, Bermuda, Caymans. What I saw was Portugal, Italy, Panama, Ecuador, Latvia, etc...
Unless you are willing to physically move out of the US and babysit your wealth, I wouldn’t have the peace-of-mind to follow his ways.
I was expecting Bahamas, Switzerland, Bermuda, Caymans. What I saw was Portugal, Italy, Panama, Ecuador, Latvia, etc...
Unless you are willing to physically move out of the US and babysit your wealth, I wouldn’t have the peace-of-mind to follow his ways.
#50
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Joined APC: Dec 2019
Posts: 331
So does the fed raise interest rates when inflation starts to get out of control or do they just let it go?
If they raise interest rates, the market crashes and the government can’t service the national debt. If they don’t raise rates, we have more inflation. They are between a rock and a hard place.
If they raise interest rates, the market crashes and the government can’t service the national debt. If they don’t raise rates, we have more inflation. They are between a rock and a hard place.
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