Bills you can pay late

I read recently that Warren Buffett doesn’t pay his taxes.

OK…that’s an exaggeration. He DOES pay them, but not like us schmucks. He defers payment.

If he owes $10,000 he doesn’t pay up right away. He strikes a deal with the IRS…pays just the interest…then he takes and invests his tax money.

Let’s say the IRS charges him 8% interest to do this.

He goes and makes 20% on that money.

Do you see what he did there?

20% – 8% = 12%.

Clever cat.

But I ain’t that good an investor and I wager most people ain’t that good either.

Plus…I mean. It’s the IRS. I have no love for the taxman but fooling around with taxes isn’t for the rank amateur or faint of heart.

They’ll go 0 to 100 on ya in a second.

So what are we to do with this juicy little nugget? Well, you don’t have to risk jail time to make this work. You can tweak it to get the same effect without having to invest a dime, without trashing your credit, and without getting into any kind of legal trouble.

I know, I know. “Sounds too good to be true.”

You’re just gonna have to trust me on this one babycakes. Or not. It’s up to you…

Either way, the details once you join my email list.

OK, scroll down and join. Do it. Now.

 

 

David Lewis

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.