Community Comment: “Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second…is a tax professional” This is not what you do with your initial profits. What you do is construct a financial fortress by setting up an ASSET PROTECTION PLAN! Lawsuits, taxes, and probate, are the wealth killers… Failing to set up an asset protection plan will almost guarantee that you will be sued. There are people who make a living seeking out the wealthy and then suing them. The first person you seek out is an asset protection professional of which there are few.
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