Re: How to avoid the alimony tax.
- From: Greg Hansen <glhansen@xxxxxxx>
- Date: Fri, 01 Dec 2006 09:20:30 -0600
Tom Potter wrote:
"Double-A" <double-aa@xxxxxxx> wrote in message
news:1164861963.846444.38140@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Tom Potter wrote:
"Jeff.Relf" <Jeff_Relf@xxxxxxxxx> wrote in message
news:Jeff_Relf_2006_Nov_29_2_@xxxxxxxxxxxx
Jeff, the "Alimony Tax"
is the price you pay for having some female join with you,
and create those wonderful things
called children.
It's a heavy price to pay,
in dollars, time, stress, and heartbreak,
but it is well worth it,
as children are your most important creations.
The best thing to do is pay the price,
and then focus on using your mind, knowledge, talents and energy
to make life BETTER for yourself,
and passing along your knowledge to posterity.
Phase 1 - Childhood (Learning)
Phase 2 - Pro-creation
Phase 3 - Reflection
Phase 4 - Enjoyment
Phase 5 - Passing the torch
Get with it guy!
Use some of your brains and knowledge,
to create and enjoy a pleasant environment for yourself.
Don't get hung up on "Phase 3".
Pay the price,
and move on.
--
Tom Potter
Is that why you moved your assets offshore, Tom?
Double-A makes a good point!
I moved my $5000.00 IRA to China
to protect myself against the decline of the dollar.
If someone can tell me how to
leave my $5000.00 in America,
and protect myself against the decline of the dollar,
let me know,
as I'd like to send the $5000.00 back to America
and help the dollar flight problem
created by Bush.
My understanding is that the value of the yaun is pegged to the value of the dollar-- it's not allowed to float. So moving your assets to China to protect yourself against the decline of the dollar doesn't seem very bright. When the dollar goes down, the yaun will go down.
Invest internationally, and invest in domestic corporations that do business internationally. What do you think will happen to 3M when the value of the dollar goes down? They'll produce more where it's cheaper, and sell it where it's pricier. They'll be selling tape and sandpaper for euros, yen, pesos, and more, and paying dollars for its manufacture.
Look for domestic mutual funds to do that. A European mutual fund will try to maximize your return in euros, which might not be a good thing if you spend dollars, depending on how the exchange rate goes. A US mutual fund will invest internationally but take exchange rates into consideration to maximize your return in dollars.
Arbitreurs ensure that there's little you can do with money games to prevent the flight of the dollar. If exchange rates suddenly make it profitable to, say, buy silver for dollars, sell it for euros, convert euros to dollars, and repeat, then they'll do that until it's no longer profitable. Your loss, someone else's gain.
.
- References:
- Re: Relf understands T.J. best.
- From: tdp1001
- How to avoid the alimony tax.
- From: Jeff…Relf
- Re: How to avoid the alimony tax.
- From: Tom Potter
- Re: How to avoid the alimony tax.
- From: Double-A
- Re: How to avoid the alimony tax.
- From: Tom Potter
- Re: Relf understands T.J. best.
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