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12:27

“Buy Borrow Die” – How the MEGA RICH Pay No Taxes

Video Summary The ultra wealthy have a way to avoid paying taxes, and it’s called the “buy, borrow, die” cycle. The first step is to buy assets, such as real estate or stocks. The second step is to borrow against those assets using tools like margin or private banks, which offer low interest rates. This […]

Jake Broe

September 5, 2021

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15:43

Your 401K is a Waste of Time

Video Summary Here is a summary of the article in 200 words: The most popular form of retirement investing is the 401(k) plan, which allows employees to contribute pre-tax dollars to a retirement account. However, the article argues that this traditional 401(k) plan is not necessarily the best option, especially for high-income earners. The article […]

Jake Broe

July 23, 2021

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14:29

How the Rich Pay NO TAXES w/ Long Term Capital Gains Tax Rates

Video Summary The current tax system in the United States can be complex, especially when it comes to capital gains taxes. Jake explains that individuals with a high net worth can potentially avoid paying taxes on their investments by utilizing the long-term capital gains tax rate. This rate is applied to investments held for a […]

Jake Broe

April 15, 2020

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