A statement from Ghost and Okie saying the are only trying to help and a questions and ans session on investments with Ghost
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BELIEVE ME--OKIE AND MYSELF DOES NOT HAVE ALL THE ANSWERS TO ALL YOUR QUESTIONS---BUT THRU EXPERIENCE WE MAY BE ABLE TO HELP SOME OF YOU THAT HASN'T HAD THE OPPORTUNITY WE HAVE AND WE ONLY WANT TO SHARE WITH YOU AND HELP YOU. WHAT YOU ARE ABOUT TO EXPERIENCE IS A COMPLETE DIFFERENT LIFE STYLE BECAUSE OF YOUR FINANCES. WE JUST WANT TO BE SURE YOU HAVE VIABLE OPTIONS AVAILABLE AND NOT SEE YOU TAKEN ADVANTAGE OF BY OTHERS.--WE ARE ONLY HERE TO SERVE---LIKE OKIE SAYS--WE'RE ONLY MESSENGERS
THIS IS EXPERIENCE SPEAKING NOW-----YOU WILL NEVER IN YOUR LIFE HAVE A LARGER RESPONSIBILITY THAN YOU WILL HAVE MANAGING A LARGE PORTFOLIO OF INVESTMENTS OR YOUR MONEY---IT IS AN ALL TIME CONSUMING JOB--SO BE PREPARED---IT IS SO MUCH MORE THAN JUST HAVING A LARGE BANK ACCOUNT AND GOING OUT AND SPENDING MONEY----MUCH--MUCH MORE
WHEN ANY OF YOU SEEK PROFESSIONAL INVESTMENT ADVICE--ASK 2 QUESTIONS---HOW LONG HAVE YOU BEEN IN BUSINESS----AND THE SECOND AND MOST CRITICAL QUESTION IS THIS------ARE YOU SALARIED OR ARE YOU ON COMMISSION---THAT WILL TELL THE STORY
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WHEN THIS IS OVER AND NOT BEFORE I WILL TELL YOU WHERE THE MOST ADVANTAGEOUS PLACE TO PARK YOUR MONEY WITH IMPUNITY AND SAFETY
[fox365] Impunity and Safety...The only place that has that track record is Life Ins Companies.
FOX-YES AND I WILL EXPLAIN IN DETAIL AFTER THE R/V---VERY ASTUTE OBSERVATION MY FRIEND--YOU HAVE LEARNED WELL
MORRIS--UTILIZE A PRIVATE BANKER ONLY ON THE BASIS OF WHAT HIS BANK CAN OFFER YOU IN THE FORM OF PERK'S AND NOTHING MORE
IF YOU CAN NOT FIGURE OUT ANYTHING ELSE--CONSIDER THIS--GO TO THE MOST SUCCESSFUL PERSON YOU KNOW AND RELATE TO THEM THAT YOU HAVE JUST RECENTLY RECEIVED A LARGE INHERITANCE AND WOULD LIKE TO KNOW WHO HE HAS PERSONALLY UTILIZED FINANCIALLY THRUOUT HIS LIFETIME---I AM SURE HE WILL OFFER TO HELP---BUT---CAUTION IS THE KEY WORD ALWAYS TO CONSIDER
[Papa Bear] Ghost - it should be remembered that one needs to do ensure the financial institution one entrusts with their money is financially sound.
PAPA BEAR--A VERY AFFORDABLE UMBRELLA POLICY FROM LLOYDS OF LONDON IN CONJUNCTION AND COMPLIMENTARY TO THE USUAL FDIC INSURANCE ON A NON INTEREST BEARING ACCOUNT---THAT WAY YOUR DOUBLY SECURED
[bboy] Ghost, can you enumerate some of the PERKS that a bank can offer other than the obvious of negotiating interest rates etc.
BBOY--ATTORNEYS--WEALTH MANAGEMENT--TRUST AND LLC ATTORNEYS---CPA'S--TAX ATTORNEYS ETC ETC ETC
RICH--TAKE ADVANTAGE OF THE ENTIRETY OF FULL INSURANCE ON A NON INTEREST BEARING ACCOUNT IN CONJUNCTION WITH AN UMBRELLA POLICY---LIKE A SPARE TIRE ON YOUR CAR---YOU HOPE NEVER TO NEED IT---BUT IF YOU DO---IT IS THERE
[bboy] Ghost, I have heard that Lloyds of London will insure a max of 50 mil--I suppose on any one account. Guess we could have more than one account with multiple Lloyds Unbrella policies????
BBOY-LLOYDS OF LONDON DOES NOT HAVE A LIMIT----THE LIMIT IS DETERMINED ON HOW LARGE AMOUNT TO BE SECURED IS
[RICHBEAUTY] Would it be a terible idea to get some folks together and buy a small bank
RICH--EXPOSURE RISK INVOLVING OTHER DEPOSITER'S OUTWEIGHS THE RETURN POTENTIAL--AS A SHARE HOLDER YOU WILL BE HELD RESPONSIBLE IF BANK FAILS
[OKone] Does Lloyds of London have a minimum amount? Will the insure small monies?
OKONE-SMALL AMOUNTS ARE FULLY COVERED BY FDIC--THEREFORE UNNECESSARY FOR UTILIZATION OF FURTHER PROTECTION
[ianjohns] ghost do you think there would be an advantage to having a business trust for half and an LLC for the other half???
IANJOHNS--BUSINESS CONTRACT LAW TRUST WILL SUFFICE
[RICHBEAUTY] Ok. I though you could loan money to business partners. Bank can loan a incredible amount of money compared to there finical holdings
RICH--YOUR ADDRESSING FRACTIONAL BANKING----THAT IS WHERE YOU GET INTO TROUBLE---BEING LEGALLY ABLE TO LOAN OUT 8 DOLLARS FOR EVERY 1 DOLLAR OF RESERVES-----THAT WITHIN ITSELF CONTRIBUTED TO THE HOUSING BUBBLE BURSTING--CALLED DERIVITIVES---STAY AWAY FROM EXPOSURE TO SUCH A PONZI SCHEME
[spiritdancing] GHOST.... if you have a business contract law trust should you still get a tax attorney
[RICHBEAUTY] How about becoming a private money lender, hard cash lender/
RICH--GET A GUN AND BLOW YOUR HEAD OFF----IT WOULD BE LESS PAINFUL IN THE LONG RUN
[Gary B] Ghost - What about if you wanted to put say $200,000 in each of about a dozzen banks, that way they each have the FDIC coverage... your thoughts on that please.
GARY--CONTACT LOCAL BANKER ABOUT A CDARS ACCOUNT---DEPOSITS APPROPRIATED TO MANY BANKS MAKING COMPLETE RISK AVERSION
TOO ALL YOU FUTURE INVESTORS----INVEST INTO THE KINGDOM OF GOD---THAT WAY YOUR ASSURED OF A HEALTHY RETURN IN THE FUTURE
[ianjohns] ghost, got a bus trust but not understanding how to get money out legally. any suggestions
IANJOHNS--AS A TRUSTEE YOU LOAN MONEY TO YOURSELF
[dash riprock] Ghost...Insurance Annuities...What type is the big question, All types, sizes, shapes, risk degrees (mostly low), maturity dates, and steady income stream..Fair enough?
DASH--I WILL GET INTO DEPTH OF DETAIL AFTER THE R/V--VERY INVOLVED--BUT--I HAVE SUCCESSFULLY BEEN INVOLVED WITH THEM FOR OVER 35 YEARS NOW
[tourman60] Ghost: you can also have the trust set up so you are the managing director and have that trust pay you a monthly compensation fee.
TOURMAN-YES AND 1099 YOURSELF EACH YEAR AND PAY TAXES ON THAT PORTION YOU DRAW AS AN ADMINISTRATOR
DTDRAKE--TO A CERTAIN EXTENT YOUR RIGHT ABOUT PRECIOUS METALS BUT CONSIDER SILVER OVER GOLD BECAUSE THE PERCENTAGE POTENTIAL IS FAR GREATER IN SILVER AND ALSO DON'T FORGET-----IN 1933 THE USG CONFISCATED GOLD FROM PRIVATE CITIZENS AND THEREFORE HAS SET A PRESIDENT OF WHAT MAY HAPPEN IN THE FUTURE
[Gary B] Ghost - I was planning on investing not only in Gold, but Silver, Paladium, and etc.. many metals to cover no matter what... do you think that is sound advice?
GARYB--THAT IS A PERSONAL DECISSION EACH OF US WILL HAVE TO CONSIDER--THEIR ARE NO CARTE BLANCHE ANSWER TO YOUR QUESTION
[HOOT] this is just my opinion but i dont think im going to give money to any charity or church,,,,,,what makes anyone think that they can or will spend it ALL on helping people........there are many things that one can do to help people with 100% of the money...
HOOT--MALICHI 3-10----SHOULD HELP YOU---IF YOU DON'T TITHE YOU CAN NOT DO AS MUCH WITH THE 100% AS YOU COULD HAVE WITH THE 90% AFTER TITHEING---I HAVE PROVED THAT TO MYSELF
THIS HAS BEEN A PLEASANT TIME FOR ME TO EXPLAIN SOME THINGS THAT WILL BE CRITICAL TO EACH OF YOU POST R/V--THANKS FOR GETTING NUERONS CIRCULATING THAT HAS BEEN DORMANT FOR A LONG TIME--I ENJOY HELPING OTHERS WORK THEIR WAY THRU THIS MAZE
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