An excerpt from Robert Ringer's blog "John Stossel explores "What the government does" versus "What the government should do.""

“The belief that only government can do certain things is the biggest fairytale ever sold to a sleepwalking public.  Governments are a magnet for freeloading politicians and bureaucrats, while individuals, left to their own devices, are able to create opportunity and prosperity. . . . . Until conservatives (not progressives, who are hopelessly attached to the notion that government should rule every aspect of our lives) come to understand that most of the things government now does are unnecessary, intrusive, anti-constitutional, and counterproductive to the health and prosperity of individuals, there is no hope that we can start rebuilding what is left of our once vibrant nation.”

                                       Jon Stone Goff

                                            President

          

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Champion of all who make their living from land and livestock.

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How much is your integrity worth?

Today I exchanged a propane tank at Home Depot which cost me about $18. When I went to make the automated exchange two doors opened both with full tanks. There was no supervision and it would have been very easy to have taken both and have gotten a “two-fer” without anyone knowing. Well, the problem was that as stood there in that pinnacle moment (and candidly thought about taking both and giving one to my father-in-law to use) I realized that I would know and that I had basically just taken something that wasn’t mine to take. So, it didn’t take me long to determine that my integrity is worth a hell of a lot more than $18. It’s not much but isn’t it the little things in life where the grey line exists? This is what I believe the Code of the West is all about; honor, truthfulness and integrity. This country just might stand a chance of surviving if more of us chose to live by this code or any manner of principles that sadly may be deemed “old-fashioned” in this day and age.

I don’t care that it’s “that time of the year” when we’re supposed to be more charitable, thoughtful or good. This is a decision that should be made everyday all year long. However, perhaps since folks get all giddy (and nuts) during the next month or so, I ask you, “how much is your integrity worth?” Share your story or ideas with your social network and hopefully it will prompt some sanity and goodwill amongst your fellow man and most importantly yourself.

Jon Stone Goff

President

Remuda Financial, Inc.

www.RemudaFinancial.com

Raising prosperity in the American cattle industry one cowboy at a time.

This is a forward I received of a fairly amusing farmer joke that's also unfortunately a little too true . . . .

The North Dakota Department of Labor claimed a small Bismarck dairy farmer was not paying proper wages to his help and sent an agent out to investigate him. 

Department of Labor employee: I need a list of your employees and how much you pay them.

  Farmer: Well, there's my farm hand who's been with me for 3 years. I pay him $200 a week plus free room and board.

 Then there's the mentally challenged worker. He works about 18 hours every day and does about 90% of all the work around here. He makes about $10 per week, pays his own room and board, and I buy him a bottle of bourbon every Saturday night so he can cope with life. He also sleeps with my wife occasionally.

 Department of Labor employee: That's the guy I want to talk to... the mentally challenged one.

 Farmer: That would be me.

Most business owners are too busy paying taxes and interest to notice the biggest funding opportunity right under their noses . . . .

Finding the money that is being transferred to others unnecessarily and using those recovered dollars as an alternative financing option that benefits the business and its owner(s) is our specialty at Remuda Financial. We work specifically with agricultural-related operations but this information will serve any business owner in any industry.

Once you learn how to bypass the pitfalls of traditional banking and financing, then your opportunity to enhance your profits, purchasing power and wealth generating capabilities will increase substantially to your benefit. Eliminating all of these risks and pitfalls will require new knowledge.

This new knowledge will include understanding two things: first, you must have a clear understanding of how our banking system works; and second, what your alternative option is for accessing capital, preserving assets, creating long-term wealth and protecting your property. Although the current debt and lending policies in this country are suppressing businesses, you will be learning how to grow despite them with complete control and self-reliance.

Are you currently experiencing or anticipating increased taxes, income constraints, heavy regulation and/or lack of access to capital?  You must allow yourself the opportunity to be in charge of your own destiny and to control your money, capital and cash flows. Being a business owner is not about having huge sums of money lost unnecessarily to "taxation" and "interest charges." However, it should be about the opportunity to achieve success without interference or dependence on others.

The concept of privatized banking may be considered unconventional by most standards (remember that everything in the financial world is compared to what everyone else is doing) but it is not only simplistic but a realistic and workable idea once it’s been taught to you. If it takes you less than sixty seconds to positively answer the question, “Would you like to take control of your financing needs instead of relying on someone else and turn a loss into a gain?”, then the time is now to embrace the opportunity before you to become the student of the process.

Jon Stone Goff, President & Founder

Remuda Financial, Inc

www.RemudaFinancial.com

Mounting from the Right ~ a fresh perspective on something that is rarely experienced, if ever, but oh so sorely needed . . .

Agribusinesses unknowingly make decisions that create destructive results such as the opportunity costs that come from either paying cash or interest from financing and excessive taxes. Decisions should not only impact both the short-term and long-term success of the owner and their operation but should also make a contribution to something greater than just them and their bottom line.

Learning how to master the unpleasant necessities of business ownership such as managing debt, paying bills, purchasing insurance and calculating taxes in a way that maximizes control and guarantees greater success would go a long way towards making these experiences much more pleasurable. These are prudent activities of a successfully growing operation that are good for all involved and proper decisions made by agribusiness owners will ultimately serve the greater good of society. 

The great secret is learning how to convert these decisions and activities into ones that are pleasurable and create a greater sense of control. Once the business owner learns to better control those activities that will improve their business, the lives of others and the industry as a whole, then they will develop a sense of pride, strength and confidence that few ever experience.

www.RemudaFinancial.com

 Champion of all who make their living from land and livestock

. . . rounding up the dollars lost unnecessarily.

Happy Independence Day weekend from Remuda Financial! Our gift to you in celebration is freedom through financial education . . . . . .

Take advantage of free education that will give you liquidity, use and control of your money. Claim this precious gift by visiting our newly released and improved website:

www.RemudaFinancial.com

Jon Stone Goff

President

Remuda Financial, Inc.

Champion of all who make their living from land and livestock

. . . rounding up the dollars lost unnecessarily.

This overview of the recently passed health care reform law gets right to the crux of it for those who are interested

Click here to download:
TAFT-Reform_Overview.pdf (210 KB)
(download)

Whether you perceive it as a good thing or a bad thing there has been a lot of muddy water on just exactly what is contained within the 2,000+ pages of legislation so hopefully this overview will help clear up any of the murkiness around the coming changes within the next few years. Emotions and personal feelings aside it’s a “just the facts ma’am” perspective.

This comes from a newsletter put out by one of our partnering organizations, The Taft Companies, who we work with when we have agribusinesses we are working with who would benefit from the use of a captive insurance company. What are the top five reasons to consider a captive insurance company?

  1. Reduce traditional insurance costs
  2. Provide coverage’s not otherwise available
  3. Capture underwriting profits and investment income from paid-in premium
  4. Benefit from actual loss experience versus industry wide and/or underwriter’s perception of potential for adverse loss experience
  5. Great estate planning vehicle

Not all agribusinesses would qualify for one of these creative financial vehicles but if your gross operating income is large enough, you may want to look into it as an option.  If you have any questions or would like a no-obligation consultation, just get in contact with me and we’ll talk.

Jon Stone Goff

www.RemudaFinancial.com

What could taxes, disability and long term care costs mean to you looking forward?

TAX INCREASES START 1/1/11 - Senate Budget Committee is recommending a top tax rate on dividends of 39.6%...a 164% increase from the current 15%. Add another 3.8% on all investment income (starting in 2013) required by the recent health care bill and you almost triple the top dividend rate to 43.4%. Dividends are already taxed once at the corporate rate of 35%. The individual dividend tax is a second levy on that same income, meaning that the government will get up to 60 cents on each dividend dollar. Have you looked into Remuda Financial’s captive strategies yet as a way to increase your passive income which is taxed at 0%?

GUARANTEED INCOME = HAPPINESS – A MetLife survey reports that only 40% of the survey participants had disability insurance. Of the participants with coverage, they had on average only enough to cover just one-third of their income. Where will your income come from if you get injured and can no longer work and how much?

LONG TERM CARE COSTS - According to an annual survey recently conducted, costs for long term care continued to post big increases. At some point, two-thirds of you over the age of 65 will need someone or someplace to take care of you. Outside of the traditional expense of long-term care insurance are you familiar with your options to cover this potential risk down the road?

As Professional Bull Rider, Cord McCoy, would say, “Oh my gravy!”

Bottom line . . . be prepared because failing to plan is planning to fail. Whether you seek help through us or someone else, you need to ask yourself “have I done everything in my power to protect myself, my family and my business from these inevitable, unfortunate and hopefully unnecessary events?”

*These facts were taken from the May 1, 2010 Financial Services Online newsletter.

JSG