i don't know you can avoid unless some way to defer tax and hope system is obliterated before tax man comes. alternatively there might be a way to keep it out of your reach but invest in physical gold and/or link it to a child or other family member. need a financial guru that's of a patriot mindset for that figuring. many of these types will consult for free on hopes of getting your business and i have lots of friends that are money managers. if i remember I'll ask and you can check back with me in a week or so
? Cap gains are triggered every time you make a profit off stocks or other instruments. Are you saying you dont want to sell stocks permanently, or think it's based off percent of holdings or something?
i think bigger picture we need to get away from allegiance to money and focus on self sustainability individually and as a community. if you know or can learn how to build a house and there's a member of your community that's great at farming for example, help each other out without money. this imho would be the happiest life we could live
Again, the hundred grand capital gains tax - how to avoid?
Aren't there IRA's that are backed by precious metals or land investment? If so, you could move your portfolio into these tax free I think.
I've read the precious metal backed IRAs are a scam. If you can't hold it, you don't own it. Just a word of caution.
It's worth a healthy wariness for sure.
i don't know you can avoid unless some way to defer tax and hope system is obliterated before tax man comes. alternatively there might be a way to keep it out of your reach but invest in physical gold and/or link it to a child or other family member. need a financial guru that's of a patriot mindset for that figuring. many of these types will consult for free on hopes of getting your business and i have lots of friends that are money managers. if i remember I'll ask and you can check back with me in a week or so
? Cap gains are triggered every time you make a profit off stocks or other instruments. Are you saying you dont want to sell stocks permanently, or think it's based off percent of holdings or something?
i think bigger picture we need to get away from allegiance to money and focus on self sustainability individually and as a community. if you know or can learn how to build a house and there's a member of your community that's great at farming for example, help each other out without money. this imho would be the happiest life we could live