Hey everyone. What are some of your wealth secrets that you could share with us?
There is no secret wealth that we can take to do. But you have to have a plan and capital if you want to get rich and even then it will be in accordance with the amount of money you use.
Buying homes with cash and taking loans out on it?
This will add to the problem instead of making it easier. Taking a loan to buy a house is the same as we depend on problems that will arise in the future.
Setting up trust funds in foreign countries and setting offshore corporations to avoid capital gains and taxation? (Sorry tax avoidance for any LEO reading this)
Your post does not lead to one discussion and I see there are many things that have no relationship between one another. Avoiding taxes is the same as you don't comply with the rules and if you live in a legal country, the rules cannot be ignored according to our wishes. How can you possibly achieve wealth if you ignore tax rules because in fact the wealth we have has the rights of other people in it, for example the rights of the poor which are facilitated by state taxes.