Be Smart Pay Zero Taxes: Use the Buy, Borrow, Die Strategy to Get Rich and Stay Rich
J**O
Knowing where and how to guide your money to start working for you.
In this book there are so many tips and details to apply in your financial life to guide your money to start working for you. This book is worth way way much more than what I paid for. Be open minded to be able to receive.
E**0
Filled with great information, but not for those who won't challenge the status quo.
I love this book! It forces me to challenge the "wisdom" of our financial system and REALLY think for myself. It gives actionable ideas and where to look if you want to continue your financial education. I can't wait to read more of his books
T**O
Fun easy to read way to see how the wealthy stay wealthy
Mark Quann’s Be Smart Pay Zero Taxes is an eye-opening, engaging, and highly informative guide that challenges everything most of us think we know about taxes, wealth, and the financial system. With his "Buy, Borrow, Die" strategy, Quann presents a bold new way to build and preserve wealth—legally and ethically—while minimizing tax liability.One of the things that really stands out about this book is how approachable and enjoyable it is to read. Quann has a knack for breaking down complex financial concepts into bite-sized, digestible pieces. Whether you're a finance newbie or have been managing your own portfolio for years, you'll find the material easy to grasp and even fun to read. The tone is conversational, and the author's humor and wit shine through, making the book a far cry from the dry, overly technical finance books out there.What I loved most was how Quann exposes the ways in which the banking industry and the government have duped ordinary people into believing we have no choice but to pay exorbitant taxes. He takes a deep dive into the financial system and reveals how the wealthiest individuals have been using clever strategies for years to legally avoid paying significant taxes. The “Buy, Borrow, Die” method isn’t just some gimmick; it’s a smart and effective way to sidestep the tax traps most of us fall into.Quann’s perspective will make you question everything from your investment strategies to the way you think about saving and building wealth. This book empowers you with a strategy that not only helps you protect your wealth but also ensures that you're making the most of what you've worked so hard for. By the end, you’ll realize that we’ve been sold a false narrative about taxes and money, and there’s a much smarter way to approach wealth-building.Overall, Be Smart Pay Zero Taxes is a must-read for anyone who wants to get ahead financially. It’s a wake-up call wrapped in a fun and easy-to-read package. If you're ready to take control of your financial future and start building wealth like the ultra-wealthy, this book is the perfect place to start. Highly recommended!
T**L
Definitely worth grabbing a highlighter for!
This book was an easy, enjoyable read. Mark does a great job of breaking complex ideas down into simple, straightforward language. I ended up reading it cover to cover, then went back through to highlight and bookmark the parts that stood out most. The way he explained the “buy, borrow, die” strategy was both entertaining and educational, definitely one of the more approachable takes on the topic.
A**R
4.5 Stars - Highly Recommend- Will Buy Copies for My Kids
I was torn between 4 and 5 stars, because this book is very good. The pay no taxes part of the book is a solid 5 stars. However, I was much more interested in the buy, borrow, die strategies. Those strategies are good, including a fairly thorough explanation and use cases. But there wasn't enough explanation of the long-term handling of the debt and the possibility of margin calls. If you leverage 50% of your portfolio and the market goes down 30 to 35%, which does happen, you can quickly get in trouble. Many of the current ETFs that pay high dividends haven't been around long enough to go through a 30 - 35% market drop, so it's difficult to accurately predict how they'll perform. Of course, if you don't overleverage, the chances of a margin call are much lower, even if the market tanks.Also, the book says to invest in assets you can borrow against, including stock, ETFs, real estate, crypto, and gold/silver. On the surface, this is a good strategy. While you can borrow against these things, borrowing against precious metals carries a higher interest rate (though I'm sure if you have tens of millions, you can find better rates, but most people don't have that much), and borrowing against crypto is dangerous. Hopefully crypto will become better protected, but right now, the company lending you money against your crypto can just run off with your crypto. It has happened.The reason I rated the book 4 stars instead of 5 is solely because I'm more interested in buy, borrow, die than the tax coverage. If I bought the book for the tax avoidance, it would be a 5.Overall, I highly recommend the book. I'm going to buy a copy for both of my children, who are in their 20's.
S**S
Simple, clear explanation of the power of money and how to use it.
Simple as it gets, just one week after reading this book, I have my trading account setup and started trading.
B**E
Easy to implement suggestions.
Great suggestions. Highly recommend , and I will be implementing them shortly.
R**.
Financially rejuvenating.
This book opens up a whole new way of looking at the financial picture In life, and it is truly easy to read and understand. I liked it so much, I read it again as soon as I finished the first time. You won't want to put it down and you will want to absorb everything there is inside. I was feeling really good afterwords because it gave me a refreshed, unorthodox way of thinking about how to create wealth and leave a legacy behind for generations of your family to grow and flourish so they can have everything they want in life. Uplifting. That's certain. I recommend everyone to get a copy and you'll know what I mean after reading it.
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