Hidden Income Strategy - Report Chuck Hughes

 

 

 

Bfpyrco`t :4:1 jy Igoaby Tujics`ceo Tujics`ceo IIB. Aii Zco`ts Zgsgrvgm. Zgprfmubtcfe fr traesiatcfe fn aey part fn t`cs wfrk jgyfem t`at pgrhcttgm jy Rgbtcfe 14? fr 140 fn t`g 13?> Wectgm Rtatgs Bfpyrco`t Abt wct`fut t`g pgrhcsscfe fn t`g bfpyrco`t fwegr cs ueiawnui. Cenfrhatcfe wct`ce t`cs pujicbatcfe bfetaces "nfrwarm iffkceo statghgets" wct`ce t`g hgaeceo fn Rgbtcfe :?A fn t`g Rgburctcgs  Abt fn 1322 aem Rgbtcfe :1J f fnn t`g Rgburctcgs Gxb`aeog Ab Abtt fn 132=. Aey statghgets t`at gxprgss fr cevfivg mcsb mcsbusscfes usscfes wct` rgspgbt tf prgmcbtcfes, ofais, gxpgbtatcfes, jgicgns, piaes, prflgbtcfes, fjlgbtcvgs, assuhptcfes fr nuturg gvgets fr pgrnfrhaebg arg eft statghgets fn `cstfrcbai nabt aem hay jg "nfrwarm iffkceo statghgets." Nfrwarm iffkceo statghgets arg jasgm fe gxpgbtatcfes, gstchatgs aem prflgbtcfes at t`g tchg t`g statghgets arg hamg t`at cevfivg a euhjgr fn rcsks aem uebgrtacetcgs w`cb` bfuim bausg abtuai rgsuits fr gvgets tf mcnngr hatgrcaiiy nrfh t`fsg prgsgetiy aetcbcpatgm. Cevgstceo cevfivgs t`g rcsk fn ifss as wgii as a s t`g pfsscjcicty fn prfnct. Aii cevgsthgets cevfivg rcsk, aem aii cevgsthget mgbcscfes fn ae cemcvcmuai rghace t`g rgspfescjcicty fn t`at cemcvcmuai. Fptcfe aem stfbk cevgstceo cevfivgs rcsk aem cs eft suctajig nfr aii cevgstfrs. Tast pgrnfrhaebg mfgs eft ouaraetgg nuturg rgsuits. Ef statghget ce t`cs jffk s`fuim jg bfestrugm as a rgbfhhgematcfe tf juy fr sgii a sgburcty. ]`g aut`fr aem pujics`gr fn t`cs jffk baeeft ouaraetgg t`at t`g stratgocgs futicegm ce t`cs jffk wcii jg prfnctajig aem wcii eft jg `gim icajig i cajig nfr aey pfsscjig tramceo ifssgs rgiatgm tf t`gsg stratgocgs.  Aii cenfrhatcfe prfvcmgm prfvcmgm wct`ce t`cs pujicbatcfe pgrtacece pgrtaceceo o tf cevgstceo, fptcfes, stf stfbks bks aem sgb sgburctcgs urctcgs cs gmubat gmubatcfeai cfeai cenfrhatcfe aem eft cevgsthget amvcbg. Igoaby Tujics`ceo cs eft ae cevgsthget amvcsfr aem rgbfhhgems aii rgamgrs aem sujsbrcjgrs tf sggk amvcbg nrfh a rgocstgrgm prfngsscfeai sgburctcgs rgprgsgetatcvg jgnfrg mgbcmceo tf cevgst ce stfbks aem fptcfes ngaturgm wct`ce t`cs pujicbatcfe. Efeg fn t`g hatgrcai wct`ce t`cs pujicbatcfe s`aii jg bfestrugm as aey kcem fn cevgsthget amvcbg. Zgamgrs fn t`cs pujicbatcfe arg bautcfegm eft tf piabg uemug rgicaebg fe nfrwarm nfrwarm-iffkceo -iffkceo statghgets, w`cb` arg jasgm fe bgrtace assuhptcfes aem gxpgbtatcfes cevfivceo varcfus rcsks aem uebgrtacetcgs t`at bfuim bausg rgsuits tf mcnngr hatgrcaiiy nrfh t`fsg sgt nfrt` ce t`g nfrwarm iffkceo statghgets. Tigasg jg amvcsgm t`at eft`ceo e ft`ceo wct`ce t`cs pujicbatcfe s`aii bfestctutg a sficbctatcfe fr ae cevctatcfe tf juy fr sgii aey sgburcty hgetcfegm `grgce. ]`g aut`fr fn t`cs pujicbatcfe cs egct`gr a rgocstgrgm cevgsthget amvcsfr efr anncicatgm wct` aey jrfkgr fr mgaigr.  Ait`fuo` gvgry prgbautcfe prgbautcfe `as jgge ttakge akge ce t`g prgparat prgparatcfe cfe fn t`cs puji pujicbatcfe, cbatcfe, t`g pujic pujics`gr s`gr aem aut`fr ass assuhg uhg ef icajcicty nfr grrfrs aem fhcsscfes. ]`cs pujicbatcfe cs pujics`gm wct`fut warraety fn aey kcem, gct`gr gxprgssgm fr chpicgm. Nurt`grhfrg, egct`gr t`g aut`fr efr t`g pujics`gr s`aii jg icajig nfr aey mahaogs, gct`gr mcrgbtiy fr cemcrgbtiy arcsceo nrfh t`g usg fr hcsusg fn t`g jffk. Wsgrs fn t`cs pujicbatcfe aorgg tf cemghecny, rgigasg a em `fim `arhigss Igoaby Tujics`ceo, cts hghjgrs, ghpifyggs, aogets, rgprgsgetatcvgs, anncicatgs, sujscmcarcgs, subbgssfrs aem asscoes (bfiigbtcvgiy (bfiigbtcvgiy,, "]`g Bfhpaecgs") nrfh aem aoacest aey aem aii biachs, icajcictcgs, ifssgs, bausgs bausgs fn abtcfes, bfsts, ifst prfncts, ifst fppfrtuectcgs, cemcrgbt, spgbcai, cebcmget, bfesgqugetcai, puectcvg, fr aey ft`gr mahaogs w`atsfgvgr aem gxpgesgs (cebiumceo, wct`fut ichctatcfe, bfurt bfsts aem attfregys' nggs) ("Ifssgs") assgrtgm aoacest, rgsuitceo nrfh, chpfsgm upfe fr ceburrgm jy aey fn ]`g Bfhpaecgs as a rgsuit fn, fr arcsceo fut fn t`cs aorgghget aem/fr yfur usg fn t`cs pujicbatcfe. ]`cs pujicbatcfe cs mgscoegm tf prfvcmg abburatg aem aut`frctatcvg cenfrhatcfe ce rgoarm tf t`g sujlgbt hattgr bfvgrgm. Ct cs sfim wct` t`g uemgrstaemceo t`at t`g aut`fr aem pujics`gr arg eft geoaogm ce rgemgrceo igoai, abbfuetceo, fr ft`gr prfngsscfeai sgrvcbgs. Cn igoai amvcbg fr ft`gr gxpgrt asscstaebg cs rgqucrgm, t`g sgrvcbgs fn a bfhpgtget prfngsscfeai pgrsfe s`fuim jg sfuo`t. Wsg fn t`g hatgrcai wct`ce t`cs pujicbatcfe bfestctutgs yfur abbgptaebg fn t`gsg tgrhs. @STF]@G]CBAI TGZNFZHAEBG ZGRWI]R @A^G HAES CE@GZGE] ICHC]A]CFER, RFHG FN _@CB@ AZG MGRBZCJGM JGIF_. EF ZGTZGRGE]A]CFE CR JGCEO HAMG ]@A] AES ABBFWE] _CII FZ CR ICKGIS ]F  AB@CG^G TZFNC]R TZFNC]R FZ IFRR IFRRGR GR RCHC RCHCIAZ IAZ ]F ]@FRG R@F_E. CE NAB], ]@GZG AZG NZGQWGE]IS R@AZT MCNNGZGEBGR JG]_GGE @STF]@G]CBAI TGZNFZHAEBG ZGRWI]R AEM ]@G AB]WAI ZGRWI]R RWJRGQWGE]IS RWJRGQWGE] IS AB@CG^GM JS AES TAZ]CBWIAZ ]ZAMCEO TZFOZAH. FEG FN ]@G ICHC]A]CFER FN @STF]@G]CBAI TGZNFZHAEBG ZGRWI]R CR ]@A] ]@GS AZG OGEGZAIIS TZGTAZGM _C]@ ]@G JGEGNC] FN @CEMRCO@]. CE AMMC]CFE, @STF]@G]CBAI @STF]@G]CBAI ]ZAMCEO MFGR EF] CE^FI^G NCEAEBCAI ZCRK, AEM EF @STF]@G]CBAI @STF]@G]CBAI ]ZAMCEO ZGBFZM BAE BFHTIG]GIS ABBFWE] NFZ ]@G CHTAB] FN NCEAEBCAI ZCRK CE AB]WAI ]ZAMCEO. ]ZAMCEO. NFZ GPAHTIG, ]@G AJC AJCIC]S IC]S ]F _C]@R]AEM IFRRGR FZ ]F AM@GZG AM@GZG ]F  A TAZ]CBWIAZ TAZ]CBWIAZ ]ZAMCEO TZFO TZFOZAH ZAH CE RTC] RTC]G G FN ]ZAMCEO IF IFRRGR RRGR AZG H HA]GZCAI A]GZCAI TFCE] TFCE]R R _@CB@ BAE AIR AIRF F  AM^GZRGIS ANNGB] AB]WAI ] ]ZAMCEO ZAMCEO ZGRWI]R ZGRWI]R.. ]@GZG AZG EWHGZFWR EWHGZFWR F]@GZ NA NAB]FZR B]FZR ZGIA] ZGIA]GM GM ]F ]@G HAZKG]R CE OGEGZAI FZ ]F ]@G CHTIGHGE]A]CFE FN AES RTGBCNCB ]ZAMCEO TZFOZAH _@CB@ BAEEF] JG NWIIS ABBFWE]GM NFZ CE ]@G TZGTAZA]CFE FN @STF]@G]CBAI TGZNFZHAEBG ZGRWI]R AEM AII FN _@CB@ BAE AM^GZRGIS ANNGB] AB]WAI ]ZAMCEO ZGRWI]R

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7 OACE G]Ns tf Fwe Efw NAR ‒ Cevgrsg Igvgraogm Nceaebcai G]N  ]QQQ ‒ Cevgrsg Igvgraogm ERAMAQ 144 G]N RTPR ‒ Cevgrsg Igvgraogm R&T 744 Cemgx G]N ]\A ‒ Cevgrsg Igvgraogm Rhaii Bap Cemgx G]N  GZS ‒ Cevgrsg Igvgraogm Gegroy G]N

Cn yfu–rg ickg hfst cevgstfrs, t`g stfbk harkgt `as jfuebgm yfur abbfuet up aem mfwe sf haey tchgs ct hakgs yfur `gam spce. Cn yfu–rg iffkceo nfr a sang, mgpgemajig cebfhg stratgoy t`at puts bas` payhgets cetf yfur pfbkgt gvgry wggk wct`fut takceo jco rcsks t`ge t`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) wcii ocvg yfu a tftaiiy mcnngrget pgrspgbtcvg fe cebfhg cevgstceo. _g arg `grg tf tgii yfu ajfut ae gictg orfup fn cevgstfrs w`f arg bfiigbtceo wggkiy bas` payhgets nrfh a icttig-uemgrstffm cebfhg sfurbg. Hfst cevgstfrs kefw vgry icttig ajfut t`cs cebfhg sfurbg. ]`gsg payfuts arg ce bas` aem arg mgpfsctgm mcrgbtiy cetf yfur jrfkgraog abbfuet. Febg t`g hfegy `cts yfur abbfuet, ct–s yfurs tf kggp. Sfu bae spgem t`g bas` chhgmcatgiy fe aeyt`ceo yfu–m ickg. ]`gsg bas` payfuts mf eft cevfivg mcvcmgems, jfems, Hastgr Ichctgm Tartegrs`cps, Zgai Gstatg Cevgsthget ]rusts, aeeuctcgs, bfhhfmctcgs fr aeyt`ceo ickg t`gsg cevgsthgets. _g baii t`cs t`g ’Ogegratg Ammctcfeai Cebfhg Efw‘  as  as bas` payhgets arg pacm fut ickg bifbkwfrk gvgry wggk. Ct–s ickg `avceo a part tchg lfj t`at feiy rgqucrgs yfu tf wfrk ajfut :4 hceutgs a wggk tf bfiigbt a wggkiy ‐payb`gbk–. Ct–s vgry gasy tf sgt up t`g OACE prforah aem jgoce rgbgcvceo rgouiar payhgets. Sfu bae start bfiigbtceo wggkiy bas` payhgets chhgmcatgiy, wct` a bicbk fn yfur hfusg juttfe! 2

 

Ct–s feg fn t`g jgst-kgpt sgbrgts fn t`g hgoa-rcb`. Nfrjgs Haoazceg says Haoazceg says ct–s ’ickg ncemceo hfegy ce t`g strggt.‘ Nahfus cevgstfrs ickg _arrge Junngtt pfbkgt rcb` payfuts nrfh t`cs huitc-jciicfe-mfiiar bas` cebfhg sfurbg. _`at sfrt fn bas` payfuts arg wg burrgetiy bfiigbtceo6 Iast wggk wg bfiigbtgm $1>,3?0.21 ce abtuai bas` payfuts nrfh t`gsg G]Ns<

]QQQ GZP ]EA PIT PIW NAR NA R QQQ M^S

$ 2, $ $ 2, $ =, $ 2, $ $ 1, $ 1, $ 1 >, >,

70= . 141 . 10=. 131. 4:7. ?:. 2:3. =0=. 3 ?0 ?0 .

37 :2 :4 40 >2 :: ?3 :1 21

_g ogt tf kggp t`gsg bas` payfuts rgoarmigss fn w`at `appges tf t`g prcbg hfvghgets fn t`gsg G]Ns. Weickg efrhai stfbk mcvcmgems t`at pay a 2 tf =% rgture fvgr t`g bfursg fn a ygar, wg rgouiariy bfiigbt a 144% fr hfrg bas` payfut aeeuaiiy. Ct feiy takgs ajfut :4 hceutgs a wggk tf bfiigbt t`cs bas` cebfhg usceo t`cs schpig stratgoy aem t`g rgst fn t`g wggk wg ogt tf gelfy icng!

$3.3 Hciicfe Ce Bas` Tayfuts Fvgr t`g iast 14 ygars wg bfiigbtgm $3,3=0,>:2.>1 ce abtuai bas` payfuts utciczceo t`cs cebfhg stratgoy. ]`cs rgsuitgm ce rgbgcvceo fvgr $0:,344 ce bas` payfuts pgr hfet` fe avgraog. _g cebiumgm fur abbfuet jrfkgraog statghgets ce t`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) jffk t`at s`fws fur $3.3 hciicfe ce bas` payfuts. Ce t`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) jffk t`g @uo`gs Fptcfeggrceo ]gah wcii gxpifrg 7 OACE G]Ns tf Fwe Efw  nfr  nfr ogegratceo bas` payfuts aem `fw yfu bae start bfiigbtceo t`gsg bas` payfuts chhgmcatgiy. _g fwe t`gsg 7 G]Ns aem wg arg burrgetiy ogegratceo as hub` as a 174% ygariy bas` payfut wct` vgry ifw rcsk. ]`cs ifw-rcsk bas` cebfhg stratgoy cs sf sang t`at t`g CZR apprfvgs ct nfr usg ce CZA abbfuets aem wg utciczg t`cs bas` payfut stratgoy ce fur rgtcrghget abbfuets.

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]`g Cmgai, Ifw-Zcsk Rtratgoy Nfr ]`g Rhaii Cevgstfr Aeft`gr amvaetaog tf t`cs stratgoy cs t`at yfu bae start fut shaii. Sfu feiy eggm a $2,744 tramceo abbfuet tf start bfiigbtceo OACE wggkiy bas` payfuts rgoarmigss fn t`g mcrgbtcfe fn t`g stfbk harkgt. ]`cs ifw rcsk cebfhg stratgoy abtuaiiy ceburs igss rcsk t`ae fweceo stfbks fr G]Ns!

Trfnctceo Ce Mfwe Harkgts ]`g stratgoy aisf wfrks lust as wgii ce jgar harkgts. _g bfiigbtgm $730,7:1.:4 ce bas` payfuts ce :440 murceo t`g ‐Nceaebcai Arhaogmmfe– aem wfrsg jgar harkgt scebg t`g Orgat Mgprgsscfe. Rgptghjgr 17t` :440 was feg fn t`g wfrst mays fn t`g nceaebcai brcscs w`ge t`g Mfw Lfegs Cemustrcai Avgraog piueogm 740 pfcets mug tf t`g Ig`hae Jrft`grs aem Naeecg Hag jaekruptbcgs. ]`g OACE bas` payfut stratgoy bfetrcjutgm tf fur $22,:74.1? prfnct t`at cenahfus may. ]`cek fn w`at gareceo stgamy bas` payhgets gvgry wggk bfuim hgae tf yfu aem yfur nuturg. Sfu bfuim icvg yfur mrgah icng aem `avg t`g tchg aem hfegy tf mf ct. Cn yfu–rg rgtcrgm ickg hg, yfu bfuim gelfy ammctcfeai strgahs fn bas` cebfhg gvgry wggk ickg C mf. Cn yfu–rg eft ygt rgtcrgm, yfu bfuim rgtcrg garicgr . . . pfsscjiy a ift garicgr. Sfu bfuim start icvceo t`g offm icng chhgmcatgiy aem jg nrgg fn strgss aem wfrry rco`t away. Cn yfu–rg stcii wfrkceo, t`cs prforah bae suppighget yfur rgouiar cebfhg aem bae `gip rgicgvg a ift fn nceaebcai strgss.

@fw tf Rtart Bfiigbtceo Bas` Tayfuts ]`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) jffk wcii gxpifrg ce mgtaci `fw  y f u  bae start bfiigbtceo wggkiy bas` payfuts chhgmcatgiy. ]`g jffk waiks yfu t`rfuo` t`g chpighgetatcfe fn t`g Ogegratg Ammctcfeai Cebfhg Efw   jy usceo 14 abtuai bas` payfut tramgs t`at wg chpighgetgm rgbgetiy wct` G]Ns. Ce feg gxahpig wg arg fe trabk tf bfiigbt a :4?% ‐bas` fe bas`– rgture wct` t`g Gegroy G]N fvgr a 1: hfet` pgrcfm.

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A Ift Bae Of _rfeo aem _g Rtc Rtcii ii Trfnct Cn yfu bfiigbt a :4?% bas` payfut ygariy a ift bae of wrfeo aem yfu bae stcii jg a subbgssnui cevgstfr<  Sfur G]Ns bfuim mgbiceg s`arpiy aem yfu stcii prfnct

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 Sfu bfuim `avg jam tchceo fe getgrceo tramgs aem stcii prfnct

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 Sfu bae prfnct cn t`g G]N prcbg ofgs up, mfwe fr cs niat

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 Sfu bae prfnct mgspctg vfiatcig prcbg hfvgs ce t`g stfbk harkgt

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 Sfu bae qucbkiy bfhpfuem yfur rgtures jg rgcevgstceo yfur bas` cebfhg

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Gxahpigs fn _ggkiy Bas` Tayfuts Fur jrfkgraog abbfuet ]raesabtcfe @cstfry Zgpfrts cebiumgm ce t`g Ogegratg Ammctcfeai   Cebfhg Efw  (OACE)   (OACE) jffk s`fw gxahpigs fn abtuai. wggkiy bas` payfuts fn $1?,?=3.?3 . . . $14,?27.2> . . . $1>,472.72 . . . $13,724.>? . . $:0,=7=.3:. Sfu bae start tf sgg `fw w g a v gr g r a o g m fv f v g r $ 0 : , 3 4 4 c e a b tu t u a i b as a s ` p ay ay f u t s p g r

hf e t ` f v g r t ` g p a st t g e y g ars ars . ]`cs 14 ygar pgrcfm cebiumgm aii typgs fn harkgt bfemctcfes cebiumceo . . . vfiatcig harkgts, a sgvgrg jgar harkgt aem efe-trgemceo, b`fppy harkgts.

Rgigbtceo G]Ns nfr Bas` Tayfuts ]`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) jffk wcii gxpiace ce mgtaci t`g t`rgg schpig stgps wg usg tf sgigbt G]Ns nfr bas` payfuts. Ct feiy takgs ajfut :4 hceutgs a wggk tf chpighget t`g OACE prforah prforah..  ]`g cenfrhatcfe eggmgm tf usg t`g 2-Rtgp G]N tramg sgigbtcfe bae jg gasciy nfuem fe t`g cetgregt aem t`g Ogegratg Ammctcfeai Cebfhg Efw  (OACE)  (OACE) jffk wcii igam yfu t`rfuo` t`g prfbgss.

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Ammgm Mchgescfe Feg fn t`g ammgm amvaetaogs fn G]Ns fvgr stfbks ce jgar harkgts cs t`at yfu bae tramg jgarcs` G]Ns t`at cebrgasg ce vaiug as t`g uemgriyceo jaskgt fn stfbks mgbiceg ce prcbg. Murceo t`g sgvgrg :440 jgar harkgt wg bfiigbtgm bas` payfuts fe jgarcs` G]Ns. _ g b fi f i i g b tg t g m a tf t f ta t a i f n $ 7 3 0 , 7 : 1 . : 4 c e b a s ` p a y fu fu t s c e : 4 4 0 .   Bfiigbtceo bas` payfuts murceo jgar harkgts aiifws yfu tf prfnct ce jgar harkgts w`ge stfbks aem G]Ns arg mgbiceceo ce prcbg. Jgarcs` cebfhg tramgs eft feiy rgmubg pfrtnficf rcsk jut bae mrahatcbaiiy cebrgasg prfnct fppfrtuectcgs aem prfvcmg a w`fig egw mchgescfe tf cebfhg cevgstceo.

Attrabtcvg Zgtures _ct` Ifw Zcsk ]`g Ogegratg Ammctcfeai Cebfhg Efw  prforah  prforah fnngrs vgry attrabtcvg rgtures wct` vgry ifw rcsk hakceo t`cs feg fn t`g jgst fvgraii stratgocgs nfr t`g avgraog cevgstfr. Igt–s nabg ct. Ct–s a brazy wfrim fut t`grg. Cse–t ecbg tf kefw t`at `avceo a stgamy cebfhg cs feg t`ceo yfu wcii eft `avg tf wfrry ajfut6 ]`g OACE  prforah  prforah `as aiifwgm us t`g prcvcigog tf igam a barg nrgg rgtcrghget. ]`g stratgoy `as aiifwgm us t`g tchg aem nrggmfh tf bfebgetratg fe t`g t`ceos t`at rgaiiy hattgr; nahciy, t`gcr wgiijgceo, aem fn bfursg fur tgeecs oahg! Sfu–vg oft tf ifvg ct! ]`cs cs t`g uitchatg way tf gelfy rgtcrghget fr ogegratg cebfhg!

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