1. Secrets of the Rich
Building Long-Term Wealth by Maximizing Cash Flows

2. Agenda
Utilizing Financial Leverage
Maximizing Assets & Investments
Minimizing Liabilities & Taxes
3. Agenda
Utilizing Financial Leverage
Maximizing Assets & Investments
Minimizing Liabilities & Taxes
4. Agenda
Utilizing Financial Leverage
Maximizing Assets & Investments
Minimizing Liabilities & Taxes
5. Agenda
Utilizing Financial Leverage
Maximizing Assets & Investments
Minimizing Liabilities & Taxes
6. Financial Leverage
Family
Wealth Maximization Tools
Mortgages
Loans
Marginal Investing
7. Leveraging Investments
8. Spread Profits
9. Eliminating Idiosyncratic Risk
10. Leveraging Example
11. Better Leveraging Options
http://www.tdwaterhouse.ca/rates.jsp http://www.investrade.com/margin-rates.htm
12. Household Saving Rates
*Chinas annual HSR has increased from 20% (2000) to 39.7% (2009)
econ365.files.wordpress.com/2008/10/gross-savings-rate.pdf
13. Typical Household Budget
14. Household Budget of the Wealthy
15. Effective Tax Rates of the Rich
16. Minimizing Cash Outflows
Tax Shelters
Retirement Plans
Flow-through shares/LPs
Munis
17. Tax Example: Teresa Heinz Kerry
*Based on 2003 Income and 2003 Federal Tax Rate Schedule
18. 19. Questions?