How to avoid capital gains tax on your home.

In this episode, Tom and Don cover the lack of capital tax exemption strategies, the truth behind multi-level get rich schemes, long-term bonds, and the benefits and disadvantages of annuities!

  • How to take a capital gains tax exemption on your primary residence.

  • Only 1-2% of those who sign up into MLMs actually make money.

  • Companies that make most of their money off membership fees.

  • Avoid long-term bonds as a way of making money because they can be equity volatile.

  • Invest in stocks to make money, and rather let bonds be the bedrock of your portfolio.

  • Set up your partner in your absence by opting for an immediate annuity.

  • If you have a deferred compensation account, keep it rather than shifting to an annuity.

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The Crash of 1929 should no longer haunt us.