If you have not read this book as an investor please get it and read it. It walks you through past times like we are living in today and how all the World chaos affects the market. We have been here before
Market at all time high but so are job losses, new job openings and unemployment is high but the administration wants to distract you with all this other mess. Stay focused and get your money
Dad buys stock at $100K.
It grows to $5M.
If he sells, he owes tax on a $4.9M gain.
Instead, he puts it in a trust.
Borrows against it.
Lives tax-free.
Dies holding.
Kids inherit at a $5M basis.
IRS gets $0.