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How about REITs? David told me he likes “real estate investment trusts that own big central business district office buildings and big regional malls… - Tony Robbins
" "How about REITs? David told me he likes “real estate investment trusts that own big central business district office buildings and big regional malls and industrial buildings. They generally throw off a high-income component.
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About Tony Robbins
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
Biography information from Wikiquote
Also Known As
Birth Name:
Anthony J. Mahavoric
Native Name:
Anthony Jay Robbins
Alternative Names:
Anthony Jay Mahavoric
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You need to pay close attention to three types of taxes as an investor: 1. Ordinary Income Tax. As stated, if you’re a high-income earner, your combined federal and state income taxes are nearing or exceeding 50%. 2. Long-Term Capital Gains. This is a tax on investments, which is only 20% if you hold your investment for longer than one year before you sell. 3. Short-Term Capital Gains. This is a tax on investment gains if the investment is sold before you have held it for a minimum of one year. Today the rates are currently the same as ordinary income taxes. Ouch!
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