Re:Maybe Warren Buffett Is Warning Us About Something
by ccffph on Wednesday August 28, 2019 @09:57AM
(#20819776)
they invest in businesses/franchises to keep a constant cash flow. that and fixed income due to low risk. taxes are avoided by keeping things offshore unless absolutely necessary to tunnel back to the us.
Re:Maybe Warren Buffett Is Warning Us About Something
by lethologica on Wednesday August 28, 2019 @09:36AM
(#20819602)
They usually pay other people to worry about it at that stage .
Re:Maybe Warren Buffett Is Warning Us About Something
by wbl on Wednesday August 28, 2019 @10:17AM
(#20819989)
Put it all in the S&P 500. I lived on a street with a bunch of Wall Street higher ups growing up. They all were Vanguard customers.
Re:Maybe Warren Buffett Is Warning Us About Something
by ericd on Wednesday August 28, 2019 @12:44PM
(#20821466)
Most people, if they’re honest with themselves, don’t have the stomach for a 100% equity portfolio. That includes the intestinal fortitude not to panic and sell when the market drops 50% or more.
What i want to really know is what people with a lot of money actually do - and when i say a lot, i meant a lot. networth in excess of 8-9 digits. What do they invest in? What diversification measures do they do? Which country? And finally, how they dodge taxes (as they inevitably seem to be able to - so if you can't defeat 'em, join 'em?)