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Prof G Markets: Rivian and Volkswagen’s New Partnership + Scott’s Tax Strategy
The Prof G Pod with Scott Galloway
Maximizing Wealth through Tax Strategies
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Strategically investing in stocks, allowing them to grow tax-deferred and borrowing against their increased value without recognizing capital gains can optimize wealth. By relocating to a state with lower tax rates when selling the stock, one can further reduce tax liabilities. Understanding tax policies and implementing such strategies can significantly impact financial outcomes by leveraging the tax code to build and preserve wealth over time.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode