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by huac 3545 days ago
to anybody curious about this dude's 'financial hacks' - just hire an accountant

the vast majority of financial tricks require scale (of capital) - e.g. itemized deductions, business expenses, even tax-loss harvesting - but they aren't secret!

1 comments

The tricks you mention are only about avoiding taxes, I wouldn't call those "rich getting richer" tricks, I'd call them rich preserving their capital tricks. Rich getting richer is more along the lines of hearing about investment opportunities while golfing with your banker, insider trading, having the capital to play in certain markets that only big money is allowed to play in, being able to take huge risks. Angel and VC investing being in that last category.