One of the best ways to make more money is to pay less tax … But all too often, investors fail to take advantage of the tax-saving opportunities outlined in the tax code.
Traders who play in the futures markets are familiar with the phrase, “Wash, rinse, repeat”. It describes how pros routinely relieve amateurs of their wealth in the Wall Street casinos.
But the same thing happens on Main Street … it’s just MUCH slower … and it’s easier for newbies to win because the action is too boring for real sharks.
Some people like watching birds. Others auto racing. When we were young, watching submarine races was pretty popular. Today, we’re die-hard Fed watchers. The Fed is THE giant elephant in the economy we’re all trapped in … and whether the Fed likes us, hates us, or doesn’t know we exist … … if the elephant steps on …