My name is Dan Thompson. I have discovered a way to help people build their wealth exponentially and tax-free. I do this by leveraging, one of the safest places to save your money.
I've been in the financial industry since 1986, a long time.
After years of making and losing volumes of my own and my clients money in the stock market I decided there had to be a better way. Mutual funds didn't ever pay off and the stock market always left me back where I started, or worse.
After years of working with leveraging life insurance, we now have a predictable and safe way of building wealth.
Today I teach the fundamentals of safe money. I don't believe that you have to take risk to make money. I also don't believe that you have to lose money to make money. Smart financial decisions can always get you where you want to go.
If you have questions or comments, feel free to email me at dan@wisemoneytools.com
It's crazy people dismiss common sense like this and read and latch onto every housing market is going to crash article. Home prices tell the real story.
Your breakdown of common retirement planning mistakes is eye-opening and provides such valuable guidance. Thanks for helping us avoid these pitfalls and stay on the path to financial freedom! -Macy (Team Evan)
@@ChristopherWilliams-e2t get a long term car loan. Put the 140k into a policy. Put 50k into equipment leasing. You will get a 300k tax deduction. Save 100k+ in taxes. Put the tax savings into the policy. Let the equipment leasing make your car payment. Then use you policy to get into other cash flow and tax savings investments.
Your emphasis on alternative investments offers a forward-thinking approach that’s both innovative and practical. Thanks for guiding us toward new opportunities and encouraging us to think outside the box! -Macy (Team Evan)
@@tonytouchz757 Thank you - it took a lot of effort, logic, and math to come up with that idea. I hope you take advantage of it, it really works. For those that don’t have a lot of money sitting around but pay cash for cars, it still works even if it’s not your “dream car.” Good luck with this amazing concept! Thanks for the comment!
Dan, your analysis of Elon Musk's endorsement and its potential impact on investments is both insightful and timely. Thank you for providing such valuable information to help us navigate the market! -Macy (Team Evan)
The strategies you share for legally reducing taxes are invaluable for maximizing financial efficiency. Thank you for providing such clear and actionable advice to help us make the most of our income! -Macy (Team Evan)
Switzerland or Spain? Or some bank in SA you gotta be accredited for. I have friends with less than 600 American credit score who will probably never recover or care to who just put their money in their Spanish or Switz bank. And one has got long stay visa.
The 4 key secrets you shared are clear, actionable, and incredibly empowering. Your content is a valuable resource for anyone looking to achieve financial success this year! -Macy (Team Evan)
$DJT did nothing but drop after the ear scratch event so today @ $23.43 are you all tired of winning yet? No WAY!! With trump twitting again on DJT competitors x platform, you can look forward to filling $17.36 - 18.39 gap. I predict .45 cents after November elections
Trading is difficult, I'd spend the five grand on education for trading. It's not easy. Investing is different, that's easier. Short term or long term gain is the question.
Dan, your analysis of the market's reaction to such a dramatic event is both insightful and thought-provoking. You always bring clarity to complex financial situations, helping your audience stay informed and prepared. -Macy (Team Evan)
@@leeseh7137 Every situation is different - there isn’t a one size fits all asnwer. I use eq leasing, oil and gas, businesses, and tax returns from 3 years ago as a start- tell me your numbers, I’ll have specifics ideas for you. If you pay more than 50,000 or more in taxes, I can pretty much wipe them out. What do you want to do now? Do you pay that much in taxes? Want to get it back? Want tax free income too?
Thank you for providing clear and practical advice to help us stay informed and make wise financial decisions. Your expertise is truly invaluable! -Macy (Team Evan)
Your balanced approach and clear explanations help viewers understand both sides of the debate. Thank you for providing such valuable financial insights! -Macy (Team Evan)
Your Math is on point.. Math wise, but Math leaves out a hell of a factor, risk. If 2020 taught me one thing, that would be the fact that this whole thing is hanging by a thread.
For sure, you don't want to be using 100X leveraging into futures and commodities LOL ! However there are some sound strategies that take risk way down. The way we leverage life, is one example that can keep your money safe, liquid, and tax advantaged. Thanks for the comment!
"Once that money's inside a car, it's a guaranteed loss." That happens when you buy the car regardless of whether you finance or pay cash. You shouldn't spend more than $10k on a car unless you can afford to set it on fire.
Great video! These tax reduction strategies are incredibly valuable. Your expertise shines through, and I appreciate the practical advice. Definitely subscribing for more financial wisdom. -Macy (Team Evan)
Yeah, if you hold stocks for one year the tax rate is 15%. What these non Roth IRA do is extract a higher tax rate if your income is higher after retirement. Bait and switch ala the gov corrupted by private business interest. Of course theyll NEVER mention that except alluding to it maybe nebulously when that fact SHOULD BE in BIG RED LETTERS when you sign off on an IRA.
It's great to see you shedding light on such important investment opportunities. Thank you for providing clarity and valuable insights to your audience. Keep up the excellent work in empowering investors! -Macy (Team Evan)
Well.....that is exactly what you should do. Keep your money idle, producing no income, and in sticks and bricks jail. To me peace of mind is having assets produce income, so I don't have to, and having access to capital if I need it, and/or to take advantage of opportunities. A paid off home is dead equity, getting a 0% return, and hard to access without a HELOC (loan) or selling your home. That is not peace to me. Hope you don't need your money..... Thanks for your comment.
It being better to have a mortgage and pay interest on it than to pay off the house or buy it outright with cash. Both of which will leave you with no debt. Is contrary to logic and good sense.
Dan Thompson's insights are practical and invaluable for anyone looking to optimize their financial strategy. Thanks for sharing these powerful tips! -Macy (Team Evan)
Not sure what that means, I’ve not heard of many people dying from a mortgage. Just the opposite. For most of the country, a large majority who bought homes with a mortgage have seen their net worth grow. Equity in a home never produces income, to me that is death of your dollar. Sticks and bricks are a horrible place to store your capital. Get other assets the produce income and will pay your mortgage. Hope that helps see my point. Oh and by the way, if you want to tie up a large percentage of your net worth in the bricks, no problem, just understand what is really happening with your money. If you could earn 10%, 18%, 50% or more, and have a mortgage of 4%, 6%, or 7%, you win. The spread will help increase your net worth and the asset can pay your mortgage. Thanks for the comment!
@@wisemoneytools So Dave actually acknowledges the math part you’re mentioning. “Owning” your home outright gives you options that you don’t have when you’re paying a mortgage payment. It also reduces daily stress, stress on relationships, and gives you a sense of accomplishment. There’s nothing wrong with taking this path. To suggest he’s “wrong” is bananas. Either way, your way or his way, people will end up in a good situation. I’m just not in favor of endorsing debt or telling people to stay in debt.
