How the Elite HIDE THEIR MONEY & pass down Generational Wealth
💵 Click here to learn more about BetterWealth now! www.betterwealth.com/jake
Thanks to BetterWealth for being the paid sponsor of this video!
💻 Learn exactly how I landed my $40/hr work-from-home job ($83k/yr) at 19 years old WITHOUT a degree or experience ✅ Click here ➡️ www.evil.university/remote
😳 Learn the ONE SECRET that has made every giant corporation and government successful ➡️ evil.university/war
😈 Watch exclusive documentaries that are too controversial to ever be released to the public: jake.yt/join
Updated refund policy: Email us within your first month of joining and we'll refund you for your first month. There is no refund if you cancel at a later time.
📹 Take a peak at all the private documentaries here: jake.yt/hidden-vids
🐤 Follow me on Twitter: @jaketrann jake.yt/x
📸 Follow me on IG: @jaketran jake.yt/IG
Please watch out for fake IG accounts. I will never message you asking for money or to invest. My IG account is spelled exactly like this: @jaketran
🎥 About this channel: We make free premium documentaries on money, power, and crime to expose how the world really works. Subscribe for more: jake.yt/watch-now
🍔 Subscribe to our other channel @EvilFoodSupply, where we expose all the evils of our modern diet ➡️ jake.yt/evilfood
🍿 OUR MOST VIRAL VIDEOS:
Nestlé: The Most Evil Business in the World • Nestlé: The Most Evil ...
BlackRock: The Company that Owns the World • BlackRock: The Company...
Recycling is literally a scam • Recycling is literally...
Why do Chinese Billionaires Keep Disappearing? • Why do Chinese Billion...
✉️ Email me: hello@jaketran.io
📰 Sources & visuals: jake.yt/3A8QvWJ
-----------------------
In this video, Caleb Guilliams from Better Wealth exposes how the wealthy elite create generational wealth and how they pass down their wealth to ensure the family wealth keeps growing generation after generation unfeathered by taxes, the government, etc. This is done through a series of complicated family trusts, life insurance policies (what Caleb calls The And Asset), private family foundations, family offices, etc.
Caleb Guilliams from Better Wealth has dedicated his life to learning how the ultra wealthy do things, and bringing down that knowledge down to everyday people like us.
Life insurance:
For the ultra wealthy, life insurance is this insanely powerful tool that they keep under wraps
"Your money safe, it will grow the rest of your life. It will grow tax deferred, you can use your money tax free, it will get passed on tax free. It has a lot of other benefits. And so what the wealthy use it is, they don't use it as a, an investment, they use it as like a safe asset. I call it The And Asset because they're able to get their dollars more than one job. And so they're able to do that while it's protected, while, while it's off the radar screen of, of the IRS because it's not considered income. And that's, that's how a lot of wealthy people use it. And then step number three is usually what they, to, to take the money or to utilize the money."
"You're not withdrawing your money. What a, what a lot of people do cuz that would be in a lot of cases taxable upon gain. They're borrowing against it or using a third party bank to borrow against their assets. And as a result, if you borrow against it, it's not considered income. So a lot of wealthy people like Elon Musk and all these people, they're, they're borrowing against the equity in their businesses insurance. And when you max fund insurance, that's why a bunch of banks do this. Over 3000 banks today have what's called bank own life insurance."
-----------------------
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, hello@jaketran.io, and we can sort it out.
Copyright © 2023 - All rights reserved.
DISCLAIMER:
This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
AFFILIATE DISCLOSURE: Some of the links in this video's description are affiliate links, meaning, at no additional cost to you, the owner may earn a commission if you click through, make a purchase, and/or opt-in.
Пікірлер: 1 100
💵 Click here to learn more about BetterWealth now! www.betterwealth.com/jake Thanks to BetterWealth for being the paid sponsor of this video!
@Billionaireben
Жыл бұрын
Probably one of your most important videos, personally I'd give it all to a wife (don't have one yet, don't have billions yet either) to invest in the kids (don't have those yet either) businesses. Could also discuss 'legacy trusts' but overall a great video.
@ThiissGuy
Жыл бұрын
Don't click the link it's a data collection fishing strategy
@masternobody1896
Жыл бұрын
i think its a breakthrough because nobody know how rich people do . this the first time in history. this should be revolution
@masternobody1896
Жыл бұрын
i always wanted to know who are the true rich people that controls the world. this is mindblowing
@bravojr
Жыл бұрын
Is there a big list of L.L.C's that actually do this? Hm...
A few things to be noted.. 1. This only works if you have your own LLC, it won't work for a regular W-2 job. 2. The Business Trust needs to be a majority member of a LLC, typically 95%. 3. The different trusts need to be a "Non-Grantor Irrevocable Trusts" otherwise they won't work. 4. All the money needs to be spent from the trust by the end of the year, otherwise they are subject to 40% tax. 5. You need to be very knowledgeable of how to properly operate a Private 501C3, otherwise you can get into big trouble with "Self-Dealing". 6. For the life insurance policies, the Trust needs to be the owner of the policy and beneficiary. 7. The policies have an accelerated cash value rider so the cash value grows much faster. 8. Furthermore with the life insurance policies, you'll only have have access to 60-65% of the cash value for the first 3-4 years. Once the policy is in force for 5-7 years you'll then have access to 100% of the funds. 9. You can't simply put a lump sum into a policy, the policy must pass the 7-pay test. If the policy doesn't meet the 7-pay test, meaning you've made 7 annual payments, then the policy becomes a "Modified Endowment Contract" (MEC) and will be subject to normal taxation. 10. The private 501C3 is what makes this entire structure legal. Because everything done with the Trusts and Insurance Polices is done for the benefit of the "Charitable Foundation" 11. This structure is not cheap to set-up, it will cost a minimum of $15k-$25k to set it up for a basic LLC, and if your business is more involved it can cost $100k to set up. 12. Lastly you'll need a good CPA as 98% of CPA's don't know how to properly handle this structure. Most of the CPA's I've met haven't even heard of the structure before.
@neilbakangmodise232
Жыл бұрын
Wow, that's a lot.
@aztekenen1
Жыл бұрын
none of these are ironically an issue for the rich. this is only for the average man. aka working exactly as intended.
@Doc_89
Жыл бұрын
13. You need to be born, converted, married into, or at the very least administer anilingus - to the Small Hat Clan.
@doomedwojak420
Жыл бұрын
@@aztekenen1 exactly. Wagies gonna be wagies. They never can be tax-free. What a pointless, atleast I'm not a wagie..and what i earn i keep for myself.. sorry nothing for you gov 😂 (i never paid taxes on my income)
@bioshock9998
Жыл бұрын
You’re party right. About the CPA thing. You don’t hire a cpa for a holding company like this. You go to a private bank that handles wealth management and others. This is through a private bank. You don’t have this business structure if your money isn’t big enough to be in private bank with a family office. This video doesn’t cover shit
Thanks so much Jake for having me on your video! It was a pleasure speaking with you about this.
@demoree
Жыл бұрын
most welcome
@4macemacmac
Жыл бұрын
Its ok ur welcomen
@torontoreviewed
Жыл бұрын
Subbed to your channel. Great info ty 🙌💯
@CranberryJackson57
Жыл бұрын
You earned another subscriber
@BetterWealth
Жыл бұрын
@@CranberryJackson57 thanks brother!
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
@H_cked
Жыл бұрын
@@jake_tran1 you are a fake, just give up, they've started showing handles in the comments we can all see your number and the underscore, what a r*tard
@ricksmith7232
Жыл бұрын
Earned a sub, I like your channel
@asjaosaline5987
11 ай бұрын
And people should avoid taxes, Taxes are not some divine duty, but fee for benefits you acquire. Problem with today society is that it aims to offer you "benefits" you dont need and then it tells you you need pay more taxes so we can afford it. Before WW1 Europe avaerage tax burden was 7,7% some countrys even had 1-2%. Government had 2 dutys protect borders of country and protect social order and there was enought tax money to save up. And then countrys started to decide, we need to steghten our military and war is expensive we need to build more roads couse military needs them for movement. We need to start educate people to be sure they aquire right ideology and mind set and taxes were rised fast. And people had no say for this couse Country captured the institution of money and started to print money and if you had money in bank they had accsess and knowledge of it. And in that moment when country had that power they decide its ours to decide what we tax and how much we tax. But in reality and morally people dont have to pay taxes o things they dont care. How much money USA spends on military how many foreign bases it has, how many billions they give to support they gaenda on other countries. And average taxpayer needs to pay for this on some patriot slogan.
@moriyokiri3229
11 ай бұрын
Expected level of stupidity from a Jordan Peterson channel 😂
@deadpansanchez2947
10 ай бұрын
based...
Very useful information for when I become a billionaire.
@BetterWealth
Жыл бұрын
You can use this before your a billionaire 😊
@sadafahmed9563
Жыл бұрын
@@BetterWealth where shall we put her money apart from these banks then?
@sadafahmed9563
Жыл бұрын
where shall we put her money apart from these banks then?
@willfulton5877
Жыл бұрын
You have a higher chance to get struck by lightning the day you win the lottery than to become a billionaire
@assistidor2023
10 ай бұрын
Yes
borlest forbidden money books (thank me later)
@OG_TRIPPYACE
15 күн бұрын
Can't find it bro,can you share link or sum
@yongblvd8208
10 күн бұрын
It's an ai website don't go
@OG_TRIPPYACE
10 күн бұрын
@@yongblvd8208 what does it do
@adriandelreal9126
3 күн бұрын
@@yongblvd8208 what the heck is it
"THE KEY IS CONTROL NOT OWNERSHIP!"
With the current global economic crisis, it is important for individuals to concentrate on investing in different sources of income that do not rely on the government. During this time, investing in equities, gold, silver, and digital currencies can still be profitable. As such, it is important to look into different investing options in order to ensure one's financial future.
@Adukwulukman859
Жыл бұрын
Sometimes we don't know how useful an extra income may be until we're in a crisis. At this point, I'm searching for ideas on where I should invest my money during this time.
@ZITABELCOMEDY-xf1ws
Жыл бұрын
@@Adukwulukman859 Buy stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance of a broker or financial advisor.
@LucyHyde-zx8gq
Жыл бұрын
@@ZITABELCOMEDY-xf1ws You’re right! I diversified my $200K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $650k in net profit across high dividend yield stocks, ETF and bonds in few months.
@Adukwulukman859
Жыл бұрын
@@LucyHyde-zx8gq Please can you leave the info of your investment advisor here?
@MichaelDSteffan
Жыл бұрын
@@LucyHyde-zx8gq who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a broker who can manage my portfolio
to me it's crazy that you can't just give your family to your money in a normal way.. government always gotta get their cut... even within the family
@dinahduke1982
8 ай бұрын
Exactly! FUCK them!!!
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
@usieey
6 ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@maga_zineng7810
6 ай бұрын
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@kevinmarten
6 ай бұрын
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@maga_zineng7810
6 ай бұрын
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Christine Jane Mclean” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@kevinmarten
6 ай бұрын
Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
Control of your money while it grows, with no requirement to pay back the loan. I love this concept!
@BetterWealth
Жыл бұрын
Thanks for commenting Alex!
@joske5279
Жыл бұрын
where do i need to sign, right?
@pappaflammyboi5799
Жыл бұрын
It's already post-tax money so it doesn't matter that you lend it to yourself. You can already loan money to yourself without an insurance policy.
@alexlandsverk887
Жыл бұрын
@@pappaflammyboi5799 what methods do you use to loan money to yourself without an insurance policy that offer the flexibility that this could?
@pappaflammyboi5799
Жыл бұрын
@@alexlandsverk887 There isn't a reason to lend money in this instance since you have already paid taxes (gains, income, etc.) so no reason to hassle yourself. You can't put pretax money into an insurance policy and pull it out via a loan without evading the taxman.
_"You will own nothing and be happy."_ Now where did I hear that before..?
@RandomDiceSociety-dn4zv
Ай бұрын
The world economic forum
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
@LukeMcfarlane5
9 ай бұрын
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@KevinClarke9
9 ай бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@ritalorrigan
9 ай бұрын
@@KevinClarke9 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
@KevinClarke9
9 ай бұрын
My advisor is Dawn Maureen Humphrey she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@ritalorrigan
9 ай бұрын
@@KevinClarke9 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Your explanation is realistic and straight to the point. l watch several video's on how to trade in the market but haven't made any headstart because they are either taIking some gibberish or sharing their story of how they made it. And l don't want to make mistakes by taking risks on my own
@user-dx4sc3vg9y
11 ай бұрын
invest with an expert is the best strategy for a beginner's and busy lnvestors. because most failures and Iosse on lnvestment usuaIIy happens when you lnvest wlthout proper guide. l'm speaking from experience.
@olgageorgsen9654
11 ай бұрын
I received $12000 from Yuval Eric Brokman in my previous trading section after investlng $2,500, he's really awesome.
@olgageorgsen9654
11 ай бұрын
Google his name⤵
@olgageorgsen9654
11 ай бұрын
Yuval Eric Brokman✅
@olgageorgsen9654
11 ай бұрын
search his full name,>
This is sooo good. Caleb is a machine. He is dangerously smart.
@BetterWealth
Жыл бұрын
Appreciate the comment Jake!
@yoursleepparalysisdemon1828
Жыл бұрын
if he was so smart hed be rich. understanding and being able to accomplish something are very different.
@jaey254
Жыл бұрын
@@yoursleepparalysisdemon1828 poor mindset.. please work on that
@yoursleepparalysisdemon1828
Жыл бұрын
@@jaey254 true mindset. makinga video essay takes a lot of time and editing skills, not the brains about the actual topic.
You are in the top tier of KZreadrs. Everything you do really opens up my eye and helps me learn about the world. I hope more people find out about you
Working with a financial expert could truly set you up for life. I'm delighted I was able to contact my coach Rodger Michael Karl earlier this year because while others were busy whining about the downturn I was busy cashing out from my portfolio, finally making over 370k only for the first quarter. of the year.
@CharlesBWillz
Жыл бұрын
Rodger Michael Karl. Has helped us become debt-free and save for retirement." I made over 220K during this dip, which made it clear there's more to the market than we average joes know. Having an investment adviser is currently the best course of action, especially for those who are close to making losses..
@tomaszcz_k
Жыл бұрын
Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.
@Windarti30
Жыл бұрын
Rodger Michael Karl helped transformed my life, he has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge....
@stanleyzac1648
Жыл бұрын
I just discovered his outstanding resume when I searched for his name on Google. I count it a blessing that I came across this comment section.
@XplosionNo1
Жыл бұрын
i will not pretend, this is a commerical... it is obvious...
One of the best videos that shares these concepts in one go! Rich with info yet easy to understand. Thanks guys!
I was just in a terrible accident i had saved a significant amount of money and i own my house out right im in my 30s. I have hospital bills that are going to put everything in jeopardy. Now, armed with this new information i will make sure this will never happen again.
@pappaflammyboi5799
Жыл бұрын
I don't see how any of these techniques will help you in an accident.
Love the colab. As long as the most of the video got my guy Jake, I’m here for it.
My 7generation grandfather did something like that and from then till now to me we have the wealth and it grows. Its really surprising that u made a video on this topic though many people are ignorant about this.
@AuthenticNest
Жыл бұрын
Nice NaCl
For first-time investors, it cannot be stressed enough how important it is to invest hard-earned money in the stock market rather than a bank where interest is guaranteed! The market appears out of control, the times are unpredictable, and the banks are deteriorating. Could there be a chance for a boomer like me? I'm working on a rough estimate of $5M for retirement, and I have a healthy six figures saved up for this. I'm almost 60.
@MattDouglas-hj9wh
9 ай бұрын
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
@graceocean8323
9 ай бұрын
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@tunnelvision3246
9 ай бұрын
Please who’s this advisor that guides you?
@graceocean8323
9 ай бұрын
"Carol Pasol Lewis" is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
@humpteedumptee8629
9 ай бұрын
Look at all these bots lol
The sad thing is this STILL isnt for the masses. You need a lot of money to make even more money. This is valuable knowledge and I am happy to have learnt it and it needs to be taught enough times to make it accessible to all
Jake, I just want to say you're my Gaddamn Hero. Thank you for all your content over the years, and shout out to the squad as well!
I didn't hear the most important thing mentioned. You can not borrow against a term policy. It has to be a whole life policy. There is no cash value in a term 10,20 or 30 year policy. If it was mentioned then I apologize. This is a very important piece of info. Most common folk can not afford a whole life policy and therefore can not borrow against the most common term life insurance.
@BetterWealth
Жыл бұрын
Your right. Term Insurnace is great for protecting you during a temporary term. But its not a contract that allows you to get your money doing more then 1 thing like an overfunded life Insurnace policy can.
This is the content I’m here for!!
@BetterWealth
Жыл бұрын
I love it Matthew! Thanks for watching and commenting 😊
Awesome - thank you Jake
What matters in a Debt based economy - the entire World is based on that - is not the purchasing power or money in the bank but the Borrowing Power. You must be able to borrow more and more and more and defer paying taxes indefinitely using real estate, insurance, trust, etc. Without borrowing you can't build wealth. Simple as that. That is why the Credit Score defines one's worth. Guard it (credit score) at all cost.
@jamiehayes4820
9 ай бұрын
Actually banks set credit scores, or own the credit agencies that set credit scores. Hard to beat such a system.
@Morcap
9 ай бұрын
So learn the system and work with it to your benefit. Everyone can do it. And most people do (work within the system). Bottom line is the credit score and very soon the social score will decide who eats and who skips a meal.@@jamiehayes4820
Thank you, Jake! Love your videos. I saw some videos about you saying that you are a bad person or something. I think they are crazy or jealous. You make an amazing content 🙏
I have to say that I'm impressed by how these wealthy families are able to unite, organize and trust each other so much. There is a lot of compromise that goes into managing all this stuff for family. A lot of disagreements and quirks that need to be dealt with to have something like this function correctly.
@purpleflows5680
Жыл бұрын
Exactly. This is why I get annoyed when people talk about how untrustworthy rich people are. Most middle class families don’t trust each other enough to even buy a house together. Most are too self-centered to build anything with one another. It takes a lot of long-term thinking and caring about future generations to build something together across generations.
@leonhenry4478
Жыл бұрын
To be fair if they just follow the rothschilds playbook it wouldn't be an issue .
@lowerlowerhk
11 ай бұрын
I have attended one of these semi-luxuious family meetings as a guest. They meet so regularly that it almost feels like a job. The family members know each other very well and any distrust and personally issues are dealt with collaboratively. The family members don't necessarily like each other personally but suspicion or grudge holding is a big no no in their circles.
@cryptocontroller5585
10 ай бұрын
Its due to contracts. Trusts are made by contracts and in the legal sense, “contracts are the law between the parties”. Therefore even if AA own the yacht in paper but another contract says that BB have control over the yacht, then AA the owner cannot throw BB out of the yacht because AA will be liable in Court if AA violated their contract saying that BB have control over they yacht. Contracts keep these rich families in line. Because violation of contracts have huge money penalties. The funny thing is the Court are not paid by the rich families, it is paid by taxpayers money. The rich people gain tremendous benefits from the Courts without the need to pay for it to function well for their own benefit. So rich families simply pay the people in the government in order for them to keep the Courts running well and give them some more benefits.
@8ightfold
10 ай бұрын
@@lowerlowerhk I have family that is very wealthy (sadly our side got cut out through will altering), and they have stupid arguments and don't trust each other at all... coincidentally they lose more and more money each generation. Only my second uncle is actually making money off his money, the one who stays out of the beef :P
Love it, great video! There’s certainly a lot of details that weren’t included, but it did a perfect job at arousing curiosity, and interest. I know I certainly like the simplicity of it and I’m looking forward to sharing that information again and again.
Dude good luck I love it we got this!
Proud to work along side Caleb and BetterWealth! Excellent video!
@BetterWealth
Жыл бұрын
🙏🙏🙏
JT got the playbook and the cheat code in the clutch 💯
@BetterWealth
Жыл бұрын
🔥🔥🔥
Loving this channel❤❤❤ Keep the Work Jake 🔥🔥
Thanks my brother!!!
Absolutely love this video. Excellent content and very informative.
@BetterWealth
Жыл бұрын
Thanks so much for watching and commenting!
@coolerpro2024
Жыл бұрын
@@BetterWealth thank you guys for such a great video. I’m definitely sharing this with my friends and family.
Great video Jake!
@BetterWealth
Жыл бұрын
Thanks Demetrius!
Best content creators, keep pushing hero!
Good information, learnt a lot !!
This is really an eye opener, really learning from this channel 🎉🎉
@BetterWealth
Жыл бұрын
Thanks for watching and commenting 😊
@marvelpraise6450
Жыл бұрын
You welcome ☺
always dreamt up ideas like this, glad to know i can go through with them.
Great video and information !
Jake Tran’s potential is limitless. I attained wealth after I practiced the steps below
@johnsoncarl1812
Жыл бұрын
Y’all need to know this. A well-known podcast in the US taught me how the rich don’t teach how to achieve success. They seek the ideas of Fin. Consultants to help grow their finance.
@johnsoncarl1812
Жыл бұрын
To achieve success, a Financial consultant is needed to achieve it. I engage in a variety of investments with the ideas of my consultant and have acquired great returns so far. (the amount is confidential).
@gabriellat.6735
Жыл бұрын
The substantial approach you got here; we all need this, feels so good to be here. Thankss
@gabriellat.6735
Жыл бұрын
deserve all the attention. I’m delighted to partake in this experience. 🙌
@fatherpapi6765
11 ай бұрын
Bunch of bot talk going on here.
Most informative video I’ve ever watched
@BetterWealth
Жыл бұрын
This comment means so much 😊
What an interesting topic!!👏🏽👏🏽👏🏽
Mann thank you for this!
It is all about tax evasion. This is the real name of the game.
Best video yet 👌🏼
@BetterWealth
Жыл бұрын
😊
This is very useful information!
Jake Tran's videos hooks everybody
@BetterWealth
Жыл бұрын
I agree!
I knew one or two things about how the wealthy keeps control of their money but I did not know about the insurance policies. I still do not understand the mechanism. I think I will need to watch the video a dozen times.
@BetterWealth
Жыл бұрын
Our channel has lot's of video on this strategy :)
Good content. Thank you very much. ❤️
GORGEOUS VIDEO!!
When I become wealthy, I’m hiring Caleb as my advisor!
@BetterWealth
Жыл бұрын
🙏🙏🙏
I just recently took a class 2 weeks ago learning the basics of life insurance. The things I've learned from the class was very interesting because I'd never knew what to do with life insurance if I had it. Until this video. This video is very informative and very educational. Seeing how the system works it makes perfect sense why this isn't taught in schools...
This is so true. I tell my life insurance clients this everyday
So informative 💯👌🤩
@BetterWealth
Жыл бұрын
Glad you liked it!
Awesome video as always Jake. Can't wait for that AI video you promised in your last upload 🔥
@jaketran
Жыл бұрын
It’s coming!!
Great video! I'm still undecided about crypto. I'm a big fan of gold, which I used to hoard to protect my money from the Wetherspoons and the student union bar. However, I ended up selling all the gold I accumulated and now I want to put it into a safe investment. I want to see what it's worth in 5 years. If you had £500k and you weren't allowed to leverage, would you buy physical property or REITs?
@lylahthompson2169
Жыл бұрын
It's hard to give a proper answer, buddy, as this decision is ultimately up to you, your own level of risk (I realise most of us are still figuring this out!) and what you feel comfortable with. Finding a mentor or an experienced person to lead you is something I would advise especially in this volatile market.
@Shultz4334
Жыл бұрын
@@TeresaBrickle Who is this person? Is he/she worth recommending?
@TeresaBrickle
Жыл бұрын
@@Shultz4334 My financial advisor is Lisa Ellen Shaw. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can do a quick online research with her name if you want to check her out. I basically follow her market moves and I haven't regretted it so far.
@ThormanBoucher
Жыл бұрын
@@TeresaBrickle Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her out.
@emera1750
Жыл бұрын
Lmfaoo BOTS
Best video you ever made, make more content like this please
Great information
This is great information, Thank you for your work Jake!
@BetterWealth
Жыл бұрын
Glad you enjoyed this video!
I'M so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
@user-nj6tp2yv9e
Жыл бұрын
@Daniel Dagg Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.
@RiosCosma
Жыл бұрын
Talking of being successful! am blessed because I met someone who is as spectacular as Expert Mrs JeffreyKathryn-fx
@RiosCosma
Жыл бұрын
She helped me recover all that I lost while trying to trade for my self...
@dritazane6837
Жыл бұрын
Cryptocurrency has become a lucrative way of earning nowadays if traded well, my spouse invested heavily in it. And her weekly returns are guaranteed.
@esthermobikwann9096
Жыл бұрын
Cryptocurrency has become a lucrative way of earning nowadays if traded well, my spouse invested heavily in it. And her weekly returns are guaranteed.
18:27 I finally found one that discusses foundations. My thanks to you both!
Love watching videos like this! 💯 🤑
Very nice and informative video. I live in Europe and we don't have the options for life insurance where we can loan against. Do you have any idea what we can do to have this option? Best regards, John
Clean water, Healthy Food, Shelter, Mental and Physical Health = Wealth, not the love of money….😊
@futavadumnezo
Жыл бұрын
Money provides exactly that. The best quality too. And Security.
Wow this is great info.
This is eye opening and mind blowing
I have always known that specific insurance policies to have an advantage in any estate planning. Great presentation and encouraging all of us to research and reassess our own financial situation that can always be improved.
This is probably also the best way to protect your assets in the event of a divorce
@BetterWealth
Жыл бұрын
Great asset protection and yes this is a way for families to protect from one of their kids or grandkids getting divorced and splitting up their wealth
@warlord1207
Жыл бұрын
in some countries, they can split the trust and go for offshore companies (UK)
@thirdplanet4471
Жыл бұрын
I heard that to avoid division of assets by divorce incest was practiced
@myronbourne6937
10 ай бұрын
@@warlord1207that's why it has to be irrevocable
Amazing!
I’m going to have to watch this a couple times to get my head around it 😂
This is fantastic knowledge to have in order to understand how evil maintains power.
@futavadumnezo
Жыл бұрын
Very true. A common folk has nothing but his/her freedom to lose when they have everything to lose. Hit them where they hurt: their wealth. Without it they are nothing.
@evelynzlon9492
11 ай бұрын
I'm not surprised that the educational system is privately controlled. In school I learned that Martin Luther King was a genuine folk hero. However I have an imperialist relative who believes in full disclosure. He directed me to review Dr. King's speeches, in which he declared that blacks' love for our oppressors should be primarily impersonal and "spiritual" in nature, as opposed to emotional or erotic. He dictated my intimate disposition like I'm both a slave and a prostitute. And this is an enforceable criterion for civil rights eligibility. In hindsight it is rather naive to believe that in a nation of abject racial oppression by the majority, Dr. King would've gotten to first base unless he were pro-slavery. Kate Middleton I'll rip you a new coochiehole.
@evelynzlon9492
11 ай бұрын
Furthermore I have a B.A. in Economics so I am aware of the economic impact of civil rights policies IN THEIR ENTIRETY. Not just the immediate impact which is publicized. I know the whole story about how these policies branch off into a de facto slave system.
@evelynzlon9492
11 ай бұрын
Lastly, hoes of any age are at high risk. I think every female Rockefeller under age 7 could use an intensive gynecological examination.
@yeboscrebo4451
11 ай бұрын
@@evelynzlon9492 I don’t understand what you’re saying
The cash value is taxed on life insurance… aka the amount over the agreed payout. Also the state decides what life insurance is okay… therefore we would know if there were crazy insurance policies out there. This might have been the case 100 years ago but it’s not the case anymore lol
Sheeesh! Soo Much GEMS iN THIS!!
Quite an eye opener
At first I was scared,I started with 500 dollars but now am making profits with her. All thanks to her and her great methods.
@lindapoplin7150
10 ай бұрын
Her availability is open on Facebook 👇
@lindapoplin7150
10 ай бұрын
(Margaret Tahoma) 😊
@popsarah7805
10 ай бұрын
When you invest, you're buying a day you don't have to work
@chrispaul3778
10 ай бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@lindapoplin7150
10 ай бұрын
She's my account manager Mrs Magaret of UCLA Anderson financial institution she's great and her methods are working for me
The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference
@peacelukerburg3222
11 ай бұрын
@@antoniomorrison6223 I'm interested I want to move to forex can you help me trade?>>
WOW AWESOME VIDEO, THANK YOU🙏🫀
Wow, I've learned so much in 20 minutes!
I gain every economical knowledge every time I watch you
@up2nogood297
Жыл бұрын
I gain every grammatical sentence every time I read you
Owning a company that always expands is the ultimate way to evade taxes by adding the profits into the companies assets. There's no secret.
@PimentelNews
10 ай бұрын
Not evade that’s illegal
@brusso456
9 ай бұрын
in the very least, you should separate you business into layers. 1 the part that makes the money (public facing) leases the IP, the equipment and/or vehicles, and the property. 2 the part that owns the IPs. 3 the part that owns all equipment and/or vehicles.(insured) 4 the part that owns the property.(insured) these are all separate businesses, this limits the potential loses from losing a lawsuit.
One thing i have learnt from living in nz is that taking advantage of no tax on profit from shares and bonds which also applies to singapore and a few more.
This is amazing
"Own nothing -- control everything." John D. Rockefeller
Jake tran you are my favorite youtuber!!😎😎
@omerbalaman9302
Жыл бұрын
Pst hey men
@omerbalaman9302
Жыл бұрын
hey i will ask you something
@omerbalaman9302
Жыл бұрын
What do you think of the videos exclusive to members?
@BetterWealth
Жыл бұрын
I agree with this statement!
This is information that is taught in business, finance, economics, and management. These people presenting this information are young. Most people who know this are educated with a lot of capital or little capital, but they know how to manage their finances. They fail to mention that trusts, insurance, or any othe money schemes are not shield from failure. These entities are ran by people and are vulnerable.
This is definitely great info, I would recommend if folks earn the capital to be able invest, which isn’t much, learn about LLCs, trustees, etc. but learn that’s the most important info learn.
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $150k set aside to put in the market.
@disney-hefner
6 ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A `
@lilyhershey1
6 ай бұрын
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $95k ROI, and this does not include capital gain.
@louie-rose7
6 ай бұрын
*@kristenpierce8661* Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.
@lilyhershey1
6 ай бұрын
Camille Alicia Garcia is my Advisor, she is a consultation-free expert. She has her clients best interest at heart. I have been working with her since covid period. Though she's a very busy woman but she can offer you assistance if you reach out.
@louie-rose7
6 ай бұрын
Camille appears to be a true authority in this field. I looked her up on the net because I really need this, and found her website, went through her profile and I can say she's superb. Dropped a message hoping it gets replied.
There is some hidden stuff you don't tell. #1 you need to put in a certain amount of cash in the policy first before you can borrow.. You can only borrow a % of what's in there. Or of the policy..
@daved5023
Жыл бұрын
I was told about this 4yrs ago. Wanted to sign and borrow 20k asap. Nope.. needed to out in the 20k first.
@futavadumnezo
Жыл бұрын
That's why it's only for the wealthy
Good video.
This financial information and trust strategies is phenomenal to know for the future when I acquire financial wealth.
You can also hide it in charities and art. That's how these people do it. For example: Bill Gates..
But how do you actually take out and use money from a trust without it getting taxed? Let’s say you want to buy a house, car or pay for college. Or if you want to buy a bunch of stocks or real estate? Is a trust really the best way to avoid inheritance taxes? Great video by the way, keep them coming!
@futavadumnezo
Жыл бұрын
Idk. Turn it into crypto on black market? Usually trusts are for veery long term
@JoshE312
Жыл бұрын
I bought a house a couple years ago by just emailing the trustee of the trust and his law firm did all the work. The house is owned by the trust in my case which gives me some protection. As for college and things like that usually in the will it will say what the money can be used for. Also it usually depends of the discretion of the trustee.
@skoolie_life3261
11 ай бұрын
From what I understand, they don’t use money from the trust. They use the money they borrow from their life insurance policy, which was funded by the trust.
Should mention the loss of wealth that happens before inheritance even becomes relevant. The mobility in income from the top quintile of income to the fourth or third is tremendous. It's easier to get to the fifth quintile of income than it is to stay in that quintile.
Definitely subing to Caleb’s channel
This video is very interesting, it opened my mind, it's a great channel, All is left is to be rich, hehe
@BetterWealth
Жыл бұрын
Your ability to earn is your greatest asset! Wish you the best man!
@pavelhodosevich1151
Жыл бұрын
@@BetterWealth Thank you, I worked hard for it
They can pass on their wealth but they can not take it with them . This is so 😢 .