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Now you may realise that this flies in the face of the American Dream which says you have to have to own your special car, home and whatever else that is a prerequisite to put together a knockout post happy and successful life. Now we are not talking about not eliminating debt on those assets. It's great to be personal debt. You just don't to be able to own those activities in your own name if you technically don't own click the up coming post assets, but merely control them, then the assets are well protected, but you just have the use of them. You see, and also ownership. Ownership is a liability. What you look for is call time assets. Actually it was John Deborah. Rockefeller who summed up this philosophy when he said "Own nothing and control everything that." So to really start to be aware the mindset around asset protection you have to think for being a Rockefeller.

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So what did he have as part of his pension personal information? He had about $4.2 million, which throws off about $25,000 per month. That's how he pays his greens fees for golf and how he sent his kids to private schools.