If you own «a paid off pile of bricks in the shape of a house» you own an income producing asset that in alliance
with other income producing assets can set you financially free.
Not exact matches
Instead of holding the $ 1B of T - Notes yielding, say, 0.6 %, Jack would be left
with $ 1B of some
other income -
producing asset.
Rather, the policy acts as a forced savings plan that accumulates money in a tax deferred account that you can THEN use to invest
with, as you purchase
other income producing assets, at the same time as earning interest and dividends on the cash value in your policy!
With our passive
income ideas, you can earn substantial cash flow to be reinvested into your retirement portfolio or
other income producing assets.
The business interest or
assets are then sold by the charitable trust
with NO capital gains AND the proceeds may be used to purchase
other income producing assets.