Never let the tax tail wag the investment dog.

Here's Warren Buffet commenting on this.Again, the simple takeaway is, bull market in rates creates tail wind for stock prices, bear market in rates creates head wind for stock prices. 

@Craighton PoonJust remember what Robert Kiyosaki says, "There are three sides to every coin, heads, tails, and the edge."

With rising property values, I may need to up the umbrellas by another million or so, but I sleep well at night knowing my tail isn't overly exposed.So 150 properties could be handled with 5 LLC's, 5 bank accounts and 5 liability and umbrella coverages.

Isn't someone who gets on a plan and sticks with it, works their tail off to pay off debt and starts preparing for their future by saving and investing for retirement the very antithesis of lazy, uneducated and irresponsible?  

That's why in those condo associations they can be up your tail-pipe with a microscope requiring to submit lease unto them for approval etc., you don't ever truly own your specific unit. 

I'm currently at the tail end of a rehab on a foreclosure I bought from one of our local banks for 65,000.

He's a proponent of fat tails betting, betting on convexity, and barbell application (heavy on safety, small punt on crazy risk).

Don’t waste time meeting people for coffee, work your tail off and save as much money as possible - buy a primary residence and then continue to save.

I had a deal I worked my tail off on last year for a beach condo in a crazy market in Indian Rocks Beach.