Robert Ortega Solis

Fiduciary Family Office Boutique | Independent Wealth Management Firm | Registered Investment Advisor

[Patrick Bet-David @patrickbetdavid]

The best thing that can happen to your character is that success takes longer than you wanted.

[Robert Ortega Solis @RobertISolis]

@braunswc @shaguncrypto Same

[Robert Ortega Solis @RobertISolis]

@JungleRockCap What happened to monkey I've been out the game for a while?

[Robert Ortega Solis @RobertISolis]

@ugajrod @Create_Profit Exactly, the drag is the bond allocation. It's not apples to apples and he's not considering beta or standard deviation.

[Robert Ortega Solis @RobertISolis]

@CatLadyCapital Yes, 1mil qqqi and jepq and a paid for 250k rental.

[Robert Ortega Solis @RobertISolis]

@drippysats @ToolySOL An ilit or irrevocable life insurance trust.

[Robert Ortega Solis @RobertISolis]

@nftgonza @ToolySOL An ilit or irrevocable life insurance trust can circumvent this and provide a pay out for liquidity or if there is other cash assets the successor trustee would obviously pay loan with cash and step up the appreciated securities.

[Robert Ortega Solis @RobertISolis]

@JohnCenaMao @ToolySOL He pays 5% interest per year or 5k per year , so after 10 years he owes 1 mil and 50k worth of interest he never paid.

Patriarch passes away with 2 mil in sp500, heir inherits tax free due to step up, pays off 1.05 mil keeps 950k and patriarch spent 1 mil while alive.

[Robert Ortega Solis @RobertISolis]

@JohnCenaMao @ToolySOL Patriarch invests 1 mil in sp500 and earns 10% per year. 100k in earnings per year will be 2 mil in year 10.

Instead of selling down 100k per year to use as income he borrows 100k from the same investment bank he has the 1 mil invested in the sp500.

[Robert Ortega Solis @RobertISolis]

@GG_Jayce @NBABrightBoy2 @RolfOptions I agree, but to each their own. This individual seems to be novice when he doesn't even believe your original post. So paying an etf expense ratio to effectively do the same for him may be more appropriate.

[Robert Ortega Solis @RobertISolis]

@NBABrightBoy2 @GG_Jayce @RolfOptions It is true, just buy QQQI and jepq instead of trading the options.

[Robert Ortega Solis @RobertISolis]

@Ghost_RC_ @BuzzsawEJ @RolfOptions Exactly, if you get assigned now you own stock.

[Robert Ortega Solis @RobertISolis]

@Olking07 Conflict of interest, those who raise inflation own assets. Asset prices rise when inflation is caused.

[theficouple @theficouple]

Broke people: I want a Ferrari.

Average people: I want a Tesla.

Upper middle class people: I want new truck.

Wealthy people: Give me a paid-off Toyota and $1 million invested.

..It's funny how the richer you get, the less you care about looking rich.

[Robert Ortega Solis @RobertISolis]

@DavidTDrury @3KComeback I was thinking the same, you can generate about 150k in passive income from the million while you build a business that generates more income and more equity, and you own your time entirely.

[Robert Ortega Solis @RobertISolis]

@SCHDaccumulator Yes! Contributions can be taken back without taxes or penalties. It's anything above Roth 401k match that you prioritize taxable brokerage.

[Robert Ortega Solis @RobertISolis]

@GrizMeta Yes, I retired from corporate America with almost 1.5 mil liquid saved and only need 500k to maintain sufficient cash flow to pay for expenses. Married, 1 child, mortgage paid for, travel.