Luxury Property Crackdown

September 26, 2016 By: Bobby Casey, Managing Director GWP So either money launderers are the new boogey man, the US government is desperate to control and monitor wealth, or both. Headline after headline talks about these money launderers as if they posed this existential threat to anyone. I think they are hoping that people won’t actually look into what a money launderer actually is, because once you know, you’re left wondering what the big deal is. I’m not suggesting everyone go out and launder money. I’m just saying it’s really no … [Read More...]

One Very Simple (But Often Overlooked) Asset Protection Strategy

September 22, 2016 By: Bobby Casey, GWP Managing Director One of the biggest issues I find with asset protection planning is that frequently people get overly hyped up about putting some exotic structure in place that they really don't need. I see it all the time. People read something on the internet saying they need this special type of trust structure that will legally allow them to both protect their assets from prying eyes while also hiding from the tax department. First of all, it is likely bogus. Secondly, in many cases the … [Read More...]

The Ripple Effect of the Panama Papers

September 19, 2016 By: Bobby Casey, Managing Director GWP When the whole Panama Papers “scandal” surfaced, I knew the purpose was to vilify and “crack down” on offshore banking. There is a cynical part of me that wonders if this wasn’t just more of a political strategy than an authentic leak. Nothing like rallying your voter base with pitchforks and torches to burn the rich! The Panama Papers in many ways is like the 9/11 of offshore banking. Once we have people worked up and angry, the government all but has a free pass with the full f … [Read More...]

Abolish Cash or Abolish Fractional Reserve Banking?

September 12, 2016 By: Bobby Casey, Managing Director GWP Opposition to fractional reserve banking can help to make money more sound, but a more concentrated central bank might still hinder things with the abolition of physical cash. Going cashless isn’t just some cocktail conversation heard in some random circles anymore. This is a very real idea that is starting to take root in the minds of very influential and powerful people. In fact, several countries are already putting a level cash restriction or limitation into place. It’s not th … [Read More...]

Post Brexit: Finding the New Normal

September 5, 2016 By: Bobby Casey, Managing Director GWP Despite the Brexit referendum passing, nothing has actually changed yet. It’s like declaring and agreeing upon getting a divorce: there’s still the business of moving out, splitting of the assets, and various other agreements moving forward. In terms of the UK and EU divorce, no one’s packed a single box yet. This is government we’re talking about here. While any normal human being wanting to get out of a bad marriage would have their stuff packed and out in a matter of minutes, g … [Read More...]

Divestment Part 2 – Where To Go?

September 1, 2016 By: Bobby Casey, Managing Director GWP Last time I talked about the DISINCENTIVES businesses have to stay in certain locations like the San Francisco Bay Area, California, or even the United States in general. This leads to divestment. But when there is divestment someone else, in turn, is the beneficiary of investment. Of course divestment can also include just shutting down and going out of business, which is unfortunate. There are still many others that simply relocate part or all of their businesses elsewhere. But … [Read More...]

Digital Nomad Mindset – Interview

August 29, 2016 Erica Blair interviews Bobby Casey to get at how he made the leap from domestic entrepreneur to digital nomad as part of a larger project she is compiling for a book down the line. Being a digital nomad isn't just a job.  It's a lifestyle choice for many people.  Everyone has a different story, but there is certainly some common ground too.  What is your story? Have a listen to this interview and see if you can relate!  Is the digital nomad life for you? … [Read More...]

Divestment Part 1 – Not Business Friendly

August 29, 2016 By: Bobby Casey, Managing Director GWP Regulations and taxes are economic mercenaries. They are employed for the sole purpose of killing economies, stymieing growth, and quelling competition. What is particularly sad, is all the innovation that might never surface because of the choke hold these policies have on our markets. The San Francisco Bay Area is quite possibly the best example of private sector success and public sector failure. The private sector success is despite the public sector failures, I might add. They … [Read More...]

Eventual Millionaire Interview

August 24, 2016 Join Jaime Masters of Eventual Millionaire as she interviews Bobby Casey. They cover some actionable information about things such as: How you can save $18,000 in federal income taxes! Obtaining a $40,000 housing "allowance". The benefits of a second passport Where can you get one quick and easy? Where can you get one cheap and easy? Where can you get one quick and cheap? A simple way to get residency in Colombia? This is some great stuff.  Having options is a perfect way to carve out your p … [Read More...]

China Experiencing Capital Flight

August 22, 2016 By: Bobby Casey, Managing Director GWP We’ve taken a keen and growing interest in China over the past few years, and with good reason! They are one of the most dynamic economies in the world. That isn’t to say they’ve not seen hardship or made mistakes. Indeed they have. What makes them dynamic is their response to what’s happening in the world. I mentioned before how the Chinese were buying up US properties, especially in premium areas like the San Francisco bay area. I can’t be entirely sure if this is attributable to … [Read More...]

American Priorities

August 15, 2016 By: Bobby Casey, Managing Director GWP The people of the United States were in an uproar over Gabby Douglas NOT putting her hand over her heart for the national anthem upon winning the gold. Of all the socialist policies we have here in the United States, we don’t socialize the sponsorship of Olympic athletes. We socialize the preparation for HOSTING it here, but not the athletes themselves. They are actually privately sponsored. This is not true for every country, but it is true for the US. With that said, they don’t ow … [Read More...]

Rio Olympics: The Economy of Athletic Events

August 8, 2016 By: Bobby Casey, Managing Director GWP The opening ceremony for the 2016 Summer Olympic Games was Friday, August 5th. These are the very best of the best from every country, and an elite group of athletes. That these people exist as they do, and have accomplished what they have, is a tremendous inspiration. I see no problem with athletic competitions. Furthermore, sports and other athletic competitions have their merits. They can teach cooperation, teamwork, ambition, discipline, structure, integrity, strategy, … [Read More...]

The Small Business Struggle

August 1, 2016 By: Bobby Casey, GWP Managing Director “The government is inefficient at providing public goods, and it is terrible at manipulating the markets for private goods.” ~ David Brunori, Forbes As most of you already know, I’ve been an entrepreneur for most of my life. I’ve started businesses and had both my fair share of successes and failures. I might be one of the staunchest advocates of small businesses, entrepreneurship, and capital venture out there. I’m a dyed in the wool capitalist, and as such, I don’t just wish for MY … [Read More...]

Regulation Nation: The Economic Black Hole

July 25, 2016 By: Bobby Casey, Managing Director GWP There are countless ways in which the economic black hole we know as government destroys and robs wealth. You are familiar with taxes, I’m sure. For some people it’s as much as 4 months of labor per year. I heard one person suggest that the reason why tax day is on April 15th every year is because that day generally marks the point in the calendar year when you start earning for yourself. From January 1st to April 15th, many are working for the federal government. Sickening when you thi … [Read More...]

Regulation Nation: The Death of Opportunity

July 18, 2016 By: Bobby Casey GWP Managing Director While I listen to government advocates tell me how the police and regulations protect me and my family from the dark underbelly and dregs of society, I can’t help but wonder who comprises that felonious population. When I think about that from which a reasonable person would need protections, murderers, rapists, kidnappers, thieves, and fraudsters come to mind. They violate the rights of people, and are both dangerous and criminal. When I look at the actual statistics of who o … [Read More...]