Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
So talk a little bit about this like five to $10 million drag that you guys see in your highest earning clients, right?
Where they're essentially making good decisions, but this idea of putting it in the wrong wrapper can cost five, 10 million bucks.
Now, when you see that happen, right?
The other piece is you're saying like you can borrow against these assets.
How much can you borrow?
Can you just borrow?
I see.
And so when you're borrowing that money, like one of the things I find interesting is, okay, so I've got a bunch of money.
She's $100 sitting in the retirement account.
I borrow $50 of it.
I can go and I can invest.
Now, when I pay back that loan, right?
Paying it back to yourself.
Yeah.
You're paying it back to yourself and you're not paying any tax on it.
Yep.
Yeah, one of the things I never understood is people always attack from a tax perspective.
And again, there's people who do things wrong with tax all the time, right?
So those people, obviously, if they do something wrong, you should get in trouble or whatever.
the tax code is available to everyone.