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-   -   The 10 Laws of Asset Protection (http://goldismoney.info/forums/showthread.php?t=303875)

eyeofliberty 09-21-2008 10:07 AM
The 10 Laws of Asset Protection
 
The 10 Laws of Asset Protection

1. "Control" don't "Own" your Assets

2. Separate High Risk Assets from Low Risk Assets

3. Diversify your Assets

4. Diversify your Income

5. "Loose Lips Sink Ships!" (or "Two can keep a secret if one is dead.")

6. Maintain a Low Profile ("The nail that sticks out gets hammered down."
- Chinese Proverb)

7. Create Multiple Layers of Protection

8. Cash in Hand is better than Money in the Bank

9. Gold outlasts Paper

10. Build your "Financial Lifeboat" before you need it!

Codger 09-22-2008 01:45 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by eyeofliberty (Post 1303900)

1. "Control" don't "Own" your Assets

What the heck does this mean? Example anyone?

Mantokir 09-22-2008 01:52 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by Codger (Post 1306255)
What the heck does this mean? Example anyone?
I hold a gold eagle in my hand, I control it.

You hold my gold eagle in your hand, I own it, you control it.

Which position is better for me?

How I get it anyway, could be wrong... :-)

Twisted Avatar 09-22-2008 03:20 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by eyeofliberty (Post 1303900)
The 10 Laws of Asset Protection

1. "Control" don't "Own" your Assets

Bullshyt...they are talking about paper assests....... I dont deal jack

2. Separate High Risk Assets from Low Risk Assets

Again, this a paper denominated situation

3. Diversify your Assets

Hold your gold and silver in multiple forms

4. Diversify your Income

Hold multiple metals each has there own postives and negatives.

5. "Loose Lips Sink Ships!" (or "Two can keep a secret if one is dead.")

SHUT YER DAM PIEHOLE!!

6. Maintain a Low Profile ("The nail that sticks out gets hammered down."
- Chinese Proverb)

When the masses are losing there shirts in the market make sure you are screaming the loudest in disgust!!

7. Create Multiple Layers of Protection

Glocks, Sagia's, Remingtons, Butcher blades, sling shot, nail gun, razor wire ,crossbow, battery acid

8. Cash in Hand is better than Money in the Bank

For once I agree.

9. Gold outlasts Paper

Always has.......always will.

10. Build your "Financial Lifeboat" before you need it!

Make hay while the sun is shining

......................

ShirleyUGeste 09-22-2008 03:39 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by Twisted Avatar (Post 1306498)
......................
7. Create Multiple Layers of Protection

Glocks, Sagia's, Remingtons, Butcher blades, sling shot, nail gun, razor wire ,crossbow, battery acid


Twisted, honey, only you could make me laugh on a day like this!:haha:

Twisted Avatar 09-22-2008 03:41 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by ShirleyUGeste (Post 1306532)
7. Create Multiple Layers of Protection

Glocks, Sagia's, Remingtons, Butcher blades, sling shot, nail gun, razor wire ,crossbow, battery acid


Twisted, honey, only you could make me laugh on a day like this!:haha:
Momma says if you dont laugh you dam sure will cry.:D

May as well make the most of it.

T

Mantokir 09-22-2008 03:46 PM
Re: The 10 Laws of Asset Protection
 
Quote:
Originally Posted by ShirleyUGeste (Post 1306532)
7. Create Multiple Layers of Protection

Glocks, Sagia's, Remingtons, Butcher blades, sling shot, nail gun, razor wire ,crossbow, battery acid


Twisted, honey, only you could make me laugh on a day like this!:haha:
Agreed.. my cooworkers would never get it though... :-)

Codger 09-22-2008 03:51 PM
Re: The 10 Laws of Asset Protection
 
TA, I know you live in New York but I can't help but to read your posts with a thick southern drawl, typically with a grandfatherly raspy-ness and a shaking fist.

I mean this to be complimentary. :D

Twisted Avatar 09-22-2008 04:05 PM
Re: The 10 Laws of Asset Protection
 
1 Attachment(s)
:D
Quote:
Originally Posted by Codger (Post 1306568)
TA, I know you live in New York but I can't help but to read your posts with a thick southern drawl, typically with a grandfatherly raspy-ness and a shaking fist.

I mean this to be complimentary. :D

Let me put down my jar o moonshine.......

Arrhhhhhhh.

I agree:D

reviver 09-22-2008 05:05 PM
Re: The 10 Laws of Asset Protection
 
Quote:
7. Create Multiple Layers of Protection

Glocks, Sagia's, Remingtons, Butcher blades, sling shot, nail gun, razor wire ,crossbow, battery acid

Quote:
Originally Posted by Twisted Avatar (Post 1306544)
Momma says if you dont laugh you dam sure will cry.:D

May as well make the most of it.

T
LOL How true.

Thanks TA, you are truly unique.

I always enjoy your posts, and your tremendous effort to humerize this bullstuff political and financial we wade in daily.


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