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Comment: Structure Self Directed
Structure Self Directed
1. Establish self-directed 401k fund
2. Friend owns vague value qualified asset (loosely traded OTC stock, for example)
3. X = value; Y = plausible additional price to be kicked out of retirement and back under ...
4. 401k purchases asset for X + Y
5. Kiss X goodbye when they confiscate 401K; or have a side deal with friend on the asset now held in the name of your 401k ( Maybe it will all pan out, the day of reckoning will never come, it's all a just bad dream; the guyz on the TeeVee might be right, the economy may improve soon ... Consider the X value you leave behind as a place holder in the system. )
6. Use the freed up, kicked back Y on something real that you can get your hands on off screen : -- new business venture, cattle, cow lease, PM, hard commodities, etc