Keep your taxes as low as possible. Not only does it save you money but it’s the best answer. We’re in this investment. We’ve been in it a long time. 14 years for me…taxes are the biggest hole in your financial ship. We want to make sure we keep them as low as possible. So we deal with immediate taxes – this is where the RV happens and you “cash out”. My suggestion for those who have less than 5 million, cash in enough to meet your goals. Make sure you keep it down.
Don’t cash it all in. A lot of people are going to say, ‘What about the rate? What if it’s going to fall? What if the whole world falls apart?’ That’s true…but the revaluation of the IQD has been very carefully handled. It’s not a random thing that’s happened. It is the real honest McCoy of what’s going on with it. I expect it to go long term that it’s not going to be a flash in the pan and die again unless there’s a nuclear attack or something over there.