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Topic History of: Robert Maxwell
Max. showing the last 5 posts - (Last post first)
Author Message
Green Man JK2006 wrote:
And I'm sure perfectly legal Barney - avoiding rather than evading, using expert advice.

Same with Branson.

Barney, have you thought about moving out off your bedsit ?
Yule Green Man wrote:
JK2006 wrote:
If you're bright enough to make money, you're bright enough to use loopholes as long as they are legal (avoid as opposed to evade) and make sure any costs arising (Prince Andrew) are taken care of by friends, companies, trusts or even crowd funding.

Spot on !

Everyone's wealth (those that have it) is in assetts, such as cash

It depends, I was once a millionaire but only paper due to some investments in nightclubs in Canada and Lativa. However when I sold my shares it was way less than million in both currencies.



International business requires currency hedging as a primary step. Cash is still king, but only when its value is protected and safe.

Being liquid and cash-rich allows entrepreneurs to pounce on good value opportunities, without having to talk to banks or sharks.

Tesla-man and PayPal-man (the same) is a good example. Musk has shown people just how business should be done.

Where were Ford, Mercedes or Rolls Royce, when electric power was the future?
JK2006 And I'm sure perfectly legal Barney - avoiding rather than evading, using expert advice.
Yule The financial affairs of our Royal Family have been shrouded in mystery for years. Some of their assets (Balmoral etc.) were bought with public funds, yet are in private ownership.

And their payment of tax is erratic at best, as are the whole Royal purse and 'grace and favour' arrangements. Secrecy is ubiquitous and allowed and condoned by successive governments. And HM Treasury.
Green Man JK2006 wrote:
If you're bright enough to make money, you're bright enough to use loopholes as long as they are legal (avoid as opposed to evade) and make sure any costs arising (Prince Andrew) are taken care of by friends, companies, trusts or even crowd funding.

Spot on !

Everyone's wealth (those that have it) is in assetts, such as cash

It depends, I was once a millionaire but only paper due to some investments in nightclubs in Canada and Lativa. However when I sold my shares it was way less than million in both currencies.