finance

discussion points
- cost of service
- car loan thru credit union - tesla model Y 0.99% APR
- setting up generational wealth -
  - real estate and life insurance - 5-10k in a policy for a 5M death benefit
  - real estate is volatile but it's the highest performing long term asset class
- building up real estate knowledge
- effective tax rate reduction strategy
  - cash value life insurance / roth thing (money taken out after retirement isnt taxed)
	- except unlike a roth IRA the contributions are uncapped - 90 options instead of 401k 30 options
	- reduces my effective tax rate from my post-retirement stuff
  - s corp - talk to CPA
  - bigger your portfolio the better your loans - 45M for 0.6% loans, 10M for 2% - only with the brokerage (who takes a loan against your own portfolio)
  - 1% of portfolio value per year compared to wealthfront's 0.25%
  - pool money from friends for cash on rental properties when interest rates are high and principals are low
- real estate: REIT (buy 1/100 units)

current goals
- reduce effective tax rate - talk to CPA
- get into basic real estate

future goals (more capital)
- auction / distressed property
- pool cash for vacation rental property for airbnb
- BRICS 1-$55 emerging market investments thru crypto