Farming Assets

<div>In today's episode Bob goes crazy with the new decision for California to eliminate emissions from locomotive trains.<br><br></div><div><br></div><div>Are you trying to turn your state into a 3rd world country?<br><br></div><div><br></div><div>To learn more, visit:<br><br></div><div&...

In today's episode Bob feels vindicated with economist Paul Krugman saying that the Federal Reserve may have already beat inflation. Have they? What do you think? To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

In today's episode Bob completes his trilogy on China. Is China a World Power Economy? This episode addresses China's slowing economy and what "they" thought was going to be this grand post-COVID recovery... He discusses the risks associated with China and the fact of, can you really trust a Communist country? To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on M...

In today's episode Bob continues his trilogy on China. Is China a World Power Economy? This episode addresses China's slowing economy and what "they" thought was going to be this grand post-COVID recovery... He discusses the various economic numbers from exports and imports of China and its trade partners. To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Missi...

In today's episode Bob begins his trilogy on China. Is China a World Power Economy? This episode starts the trilogy by addressing China's slowing economy and what "they" thought was going to be this grand post-COVID recovery... Not so much  To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

In today's episode, Bob does a walk through of issues California has experienced whether it be wildfires or a mass exodus of population, to now insurance companies not insuring new policyholders.   This leadership or lack of leadership has put a once great state into a situation of possible irreversible destruction. To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more ep...

In today's episode, Bob adds his opinion to the de-dollarization debate. Remember Bob doesn't claim to be an economic expert or even a dollar expert, but is trying to look at this debate as a business owner just like you. What to believe and what to do? Check out this episode. To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Mission Matters: https://missionmat...

Today's episode is a rant about the current administration's decision effective May 1st to penalize good mortgage borrowers for having a good credit score and rewarding those with a lesser credit score.  Can you say learn from history. To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

In today's episode, Bob goes through articles from Nikkei Asia talking about and reviewing China's demographic doom. As well as their decreasing GDP which can destroy their hopes of overtaking the US! The Red Dragon could be in jeopardy. To learn more, visit: https://www.terrafirmaconsultant.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

In today's episode Bob talks about how over the years, actually since 2011 businesses therefore citizens have been leaving California for greater pastures. In fact over the last two years California has seen a net loss of over 700,000 escapees. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/robert-wolf/

In today's episode Bob discusses inflation not just here in the United States but also across the globe. He reviews the forecasted GDP of countries globally. And he discusses how our allies purchase fossil fuels from Russia and how we are paying both sides of this Russia and Ukraine conflict. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: ht...

In today's episode Bob discusses the moving to a larger location due to you and our wonderful members. He discusses the purpose of Terra Firma is to help educate you on how the game is designed. Understand the large picture of how the rules are designed and how to NOT be a tool but use it all as a tool to use the systems and rules to help you grow you wealth by reducing your taxes. To learn more,...

In today's episode Robert goes through how as a business owner you have the ability to use capital in different ways then we normally do. He uses Warren Buffet as an example of how in 2009 Berkshire Hathaway loaned $300 million dollars to famed motorcycle company Harley-Davidson to make over $150 million in five years. What can you do with your capital? To learn more, visit: https://terrafirmacons...

In today's episode, Robert helps to explain how the last few years have faired with consumer debt. But now we are on the tail end of the "pandemic," consumers are battling inflation and rising interest rates. By going through an article written by Penn Mutual Asset Management and information provided by the Federal Reserve, Robert tries to help you know what to do. How does this affect you, and wh...

In today's Episode Robert wants to take a step back from all the firehose of information he's been sharing the last few weeks.  This episode he wants to focus on you! Helping you to understand or better said, empower you to know it's literally all about you. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/autho...

In today's episode Bob goes out on a limb to debunk traditional tax planning advice. If you are a business owner you need to watch this and reflect on the value of these two things  1) A personal mortgage balance  2) The need for you to contribute to your personal 401k retirement plan. He goes through the numbers to show that the IRS always wins if you follow like sheep. Sheep get slaugh...

In today's episode Bob continues his dive into understanding the planning process of a business owner and how to reduce your tax liability. He dives into how personal expenses are affected by inflation and taxes and how over time your wealth can dwindle.   Inflation and taxes are great wealth destroyers. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mi...

In today's episode Bob goes through what he calls the Cash Flow Recovery process. This process shows a business owner how they may be overpaying in taxes and by how much. He does a very good job of educating on the progressive tax system and how by understanding your personal lifestyle expenses, how you may be able to reduce your tax liability by shifting income onto other assets. To learn more, v...

In today's episode Bob is laying out the 2023 plan for content and what will be covered in 2023. As he said he is kicking down the door to the vault and giving you everything. He will be diving deep into conventional wisdom and explaining unconventional wisdom to give you the opportunity as a business owner to decide which makes more sense for you. To learn more, visit: https://terrafirmaconsultan...

In today's episode Bob walks through the various players to the game we all have to play by.  He gives a great overview of how the players work together and how we as the "taxpayers" or "consumers" are left kind of holding the bag...unless we too know how to play the game.  Once you know the rules to the game you can then strategize and organize. To learn more, visit: https://terrafirmac...

In today's episode we discuss the question if debt is good or bad. Are you talking about personal debt or business debt? You will find that with most things we discuss, it all depends on your purpose and goal of the debt. Bob breaks down an example to help understand. To learn more, visit: https://terrafirmaconsultantsllc.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/...

In today's episode, Bob goes through some of the basic types of common debts, such as credit cards, student loans, and home mortgages. He explains how the difference between personal debt and business debt allows you to grow your wealth or shrink your wealth. For example, why does any business owner have a personal mortgage? This is a tax liability to a business owner. Instead, they should have ac...

In today's episode, Bob takes a journey through a website called usdebtclock.org. He walks through the numbers for debt and revenue of the United States. He highlights the deficits and growing debt problem but also clarifies what this means for future taxes. You and I, as business owners, are one of the main ways the government generates tax revenue, so based on these numbers, it doesn't look good...

On today's episode, Bob continues his journey through the Economic Termite DEBT... He goes through an article he feels does a great job of defining the national debt and what deficits are. I know it sounds terribly exciting, doesn't it? It actually is very interesting. It may not be "exciting," but it is certainly interesting. See for yourself. To learn more, visit: https://terrafirmaconsultantsll...

It's that time of year again! Tax time! I know, just reading those words is stressful, especially considering the way the economy is right now. The solution to these worries? PLANNING. In today's episode, Bob goes in-depth about the process of planning, the importance of nurturing your assets, and how Farming Assets can help with saving money on taxes. Do you know how much you're paying in taxes?...