The COD / ROI T. B.A.T.E.S. Personal, Family, Land & COMMERCIAL Bank of Black Beverly Hills, Lancaster Ca. & Afrui-Ka Town
H.Q. : 4316 S. Western Ave. L.A. Ca. 90062 - Land Bank : Lancaster Ca. 93535
Professor R.T. Bates Founder / President
ROI = Return On Investment$
T. = To
B.A.T.E.$. = Build Assets Though Estate $tratagie$....& The ABCU Presents Your FREE Master-Class in Tao-Nomiks' & Your 2 FREE e-Books :
1-"Hidden Secrets of Oriental Wealth"
& 2- "Learning from The Stones"
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You Are The Bank !!!
The R.T.B.B. Press Release...&
R.T.B.B. Business Plan / Proposal
The ABCU 10 Month Tao-Nomiks' Course
Tao-Nomiks' is Based on Combining The Wisdom of The Art Of WAR &
The I-Ching / Feng Shui = Tao Arts & Sciences with Western Wealth & Estate Building Strategies' of The "SUPER RICH".....But, Affordable !
The Banking Families....List of banking families
Banks Run The World, Y/Our Family Business Needs to Be Black Banking !
Below : An Introduction to Tao-Nomiks - The Way of Health + Wealth X Stealth = True Free-Drum (NOT FREE-DUM- to being Free)
Course # 0.1 Heaven - Strategic Mind-Set & The Art Of WAR....
Wealth Building Mind-Set
& The Art of WAR
What is wealth Building Mind Set ?
Many people define wealth within a spectrum of many different values. Wealth can be defined within the context of monetary accumulation, good health or living a desired lifestyle.
No matter what criteria you attribute to wealth, it all boils down to the image of living a life beyond an average state of existence.
Going from that point of recognition, it is important you begin to recognize what develops a wealthy mindset. Even with these different variations of what can be defined as wealth; the key component within the equation is a mind which welcomes wealth within its confines.
https://wealthygorilla.com/how-to-develop-a-wealthy-mindset/
The Art Of WAR -(TAO WAR) -
Strategic Business Managment :
In the 1960s, Japan introduced The Art of War into business management. The chairman of Japan’s Mackenzie Corporation – Maki Kenichi, he wrote a book named “The Impact of Sun Tzu on Japan’s Business Management. He stated in this book that the reason why Japanese companies can defeat European was Japan used Chinese military method to run their business management. Those methods were more reasonable and effective than American business management strategies. He quoted widely of The Art of War in his book “The Strategist’s mind”. He stated that The Art of War was the highest management textbook for the Japanese companies. George who is a well-known American managerialist said in “The History of Management Thought”, read The Art of War if you want to be a managerial talent.
https://ukdiss.com/examples/business-strategy-art-of-war.php
Course # 0.2
Water - Cash Flow
The Starting of Multiple
Passive Income Businesses'
What Are Multiple Streams of Income?
Having multiple streams of income means that a person is receiving income from several residual or passive income streams at once. Residual or passive income is income that a person earns without directly putting in work. This could be by opening an e-business to make money online, or it could be from property that they own and collect rent payments on.
While they may have to put in some up-front work, they do not need to put in direct work in order to make an income. In other words, they could go on vacation and that rental property or online products can continue to make money for them.
Most people who have passive income streams have found that once they have one income source up and running, it is easier for them to create multiple income sources. These are often referred to as multiple streams of income. Check out additional small business finance information.
Course # 0.6
Fire - Asset Protection / Stealth:
Protect Your Ass & it is Set...
What is Asset Protection ?
Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting Assets of individuals and business entities from civil money judgments. The goal of Asset protection planning is to insulate Assets from claims of creditors without perjury or tax evasion.
Asset protection consists of methods available to protect Assets from liabilities arising elsewhere. It should not be confused with limiting liability, which concerns the ability to stop or constrain liability to the Asset or activity from which it arises. Assets that are shielded from creditors by law are few: common examples include some home equity, certain retirement plans and interests in LLCs and limited partnerships (and even these are not always unreachable). Assets that are almost always unreachable are those to which one does not hold legal title. In many cases it is possible to vest legal title to personal Assets in a trust, an agent or a nominee, while retaining all the control of the Assets.
The goal of Asset protection is similar to bankruptcy, and the two practice areas go hand-in-hand. When a debtor has none to few Assets, the bankruptcy route is preferable. When the debtor has significant Assets, Asset protection may be more sensible.
The four threshold factors that are either expressly or implicitly analyzed in each Asset protection case are:
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The identity of the Person engaging in Asset protection planning
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If the debtor is an individual, does he or she have a spouse, and is the spouse also liable? If the spouse is not liable, is it possible to enter into a transmutation agreement? Are the spouses engaged in activities that are equally likely to result in lawsuits or is one spouse more likely to be sued than the other?
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If the debtor is an entity, did an individual guarantee the entity's debt? How likely is it that the creditor will be able to pierce the corporate veil or otherwise get the assets of the individual owners? Is there a statute that renders the individual personally liable for the obligations of the entity?
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The nature of the claim
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Are there specific claims or the Asset protection is taken as a result of a desire to insulate from lawsuits?
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If the claim has been reduced to a judgement, what assets does the judgement encumber?
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Is the claim dischargeable?
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What is the statute of limitations for bringing the claim?
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The identity of the creditor
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How aggressive is the creditor?
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Is the creditor a government agency? Taxing authority? Some government agencies possess powers of seizure that other government agencies do not.
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The nature of the Assets
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To what extent are the Assets exempt from the claims of the creditors? For example, the degree of protection offered by the homestead exemption, the exemption of the Assets in a qualified plan, i.e. Assets in a plan under the Employee Retirement Income Security Act (ERISA) etc.
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Whilst the aforementioned use of Trusts will be of benefit in a number of cases the question of ownership can still arise, as although legal ownership may have been transferred to the trustees, beneficial ownership may still in many cases lie with the settler of the Trust. A Private Placement Life Insurance contract (PPLI), can provide a greater degree of protection and privacy than most Trusts, and can also be integrated with an existing trust if necessary. Whilst Trusts may not be recognised in many Jurisdictions, Life insurance also has the advantage of being Multi jurisdictional.
Another Multi jurisdictional approach for Asset protection are the various digital inheritance services.
Course # 0.3
Lake - Group Economics'
Banking, Buying, Bartering to
$ave $$$$
What is Group Economics?
The current economic condition of the Black American community is in critical condition. Challenged by police brutality, poverty, economic instability, domestic terrorism and systemic racism the Black American community has been unable to craft an effective action plan to counteract these negative forces. In crafting an action plan, Group Economics within the Black American community would be the first bullet point.
What isGroup Economics? While there is no formal definition, Group Economics can be defined as one group of people who have a common economic interest. That group agrees to actively and consciously pursue that economic interest together to create a sustainable and secure economy for themselves.
Group Economics is not new, many communities in America practice this strategy; the Jewish community, Italian community, asian communities all use Group Economics. It is a form of self-preservation. Group Economics was also used very successfully by the many thriving black communities from 1890s – 1920s (Tulsa Oklahoma, Redwood Florida & Wilmington NC are the 3 most popular yet there were many others) in America. Black Americans need to revisit group economics immediately.
The urban Black community is ground zero for a Black Group Economics movement. The dire conditions in Black urban neighborhoods were created by federal and state supported policies (Red lining, Block Busting, discriminatory insurance practices and legal housing discrimination created “slums” and “ghettos”) used in the northern cities from 1900s to 1960s. These government supported policies deliberately formed the Black urban phenomenon of “ghettos” and “slums”. The configuration, density of Black Americans and economic frustrations make these distressed neighborhoods an ideal origin for Black Group Economics .
5 Facets of Black Group Economics
1.) Businesses: Provide black owned and run businesses (existing or new) for the Black consumer to purchase from. There must also be plans to replace those businesses owned by people out side of the Black Community with equal or better quality options.
2.) Hiring from Group: Business owners must hire from the local community. Part of effect Black Group Economics is improving your community. These jobs will reduce the high rate of unemployment.
3.) Accountability & Quality: The businesses must be of the highest quality and be willing to be held accountable by Black patrons for their services and/or products.
4.) Marketing: Black businesses must market themselves actively to the Black community to make sure their services & products are known. Marketing is also important for creating success modeling for aspiring entrepreneurs.
5.) Consumer Loyalty: The community of Black consumers must be committed to patronizing great black businesses. Black consumers must also be willing to respectfully hold black businesses accountable to maintain their high standards of products and service.
Course # 0.7
Mountain - Estate Planning :
"The Buck Stop's Here" !
Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life, in the event the person becomes incapacitated and after death. The planning includes the bequest of assets to heirs and may include minimizing gift, estate, generation skipping transfer, and taxes.[1][2][3] Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can only be determined by the specific goals of the estate owner and may be as simple or complex as the owner's wishes and needs directs. Guardians are often designated for minor children and beneficiaries in incapacity.
Course # 0.8
Earth - Asset Accumulation /Collecting Tangible Assets to Build "REAL" Wealth
Looking to invest? Here are some of the best tangible assets
When it comes to investment advice, most advice centers around the stock market or other forms of investment where, for the inexperienced investor, it can feel very much like you are allowing your hard earned money out into nowhere. You can watch and monitor the performance, but you cannot touch it or hold it.
The security of being able to engage with and physically have it in your grasp can make people feel a lot more secure, especially in a digital age, and one where traditional forms of investments, such as stocks and shares, are suffering.
Tangible assets can include anything from property to beautiful jewelry, gold bullion, or even something as simple as quality wooden table tops. Investing in this sort of asset is not always as easy as traditional investments, such as stocks, but if the portfolio is managed carefully and the market is continually analyzed, investors can expect some good returns in the longer run, with less risk. In fact, it is thought that tangible assets can perform better in the long term and so have taken on an important role for many people when planning their retirement or the future of their children.
Course # 0.4
Wind -The Building & Correct Use of CREDIT
What Is Credit?
Definition & Examples of Credit
Credit refers to your borrowing capacity. It's based on your history of paying back your debts, and it defines how much you are able to borrow cash or access goods and services.
There are many instances when your credit can make or break important transactions. To manage your credit wisely, you have to understand what credit is, what credit reports include, how scores are generated, and why credit is important.
What Is Credit?
Credit reflects your reputation for repaying your debts based on your record for borrowing and repaying funds. If you have a reliable borrowing record or credit history, you are said to have "good credit."1
Good credit signals to lenders that you are "creditworthy" or likely to be able to repay money you borrow. It instills confidence in lenders that they will get the loan principal plus any interest back from you, which makes you more likely to get approved for new credit (for example, a loan) with favorable terms such as low interest rates or higher limits.
In contrast, if your credit history suggests to lenders that you cannot repay your debts, you are said to have poor credit. Having poor credit can hurt you when you apply for a loan because lenders will have less confidence that you can repay it.
How Credit Works
Credit is something you build up over time as you borrow money and pay it back. These records are tracked by the three major credit bureaus and available to lenders in the form of your credit report and credit score.
Credit Bureaus
When a lender wants to see your credit report or get your credit score, they request it from what is known as a credit bureau (also called a credit-reporting agency).1
Credit bureaus collect all the information that appears in your credit report from banks, card issuers, and other creditors, which voluntarily report your payment information. But even though credit bureaus store financial data on millions of consumers, they might not keep as much data as you think. For example, your annual income is not part of your basic credit report.2
Only 0.5% of Americans Will Achieve a Perfect 850
Don’t be too hard on yourself if when you do check your credit score, it’s nowhere near the 850 mark — only 0.5% of Americans will ever achieve “perfect” credit. Even the bureaus refer to those who have a credit score above 785 as “high credit score achievers.”
A perfect SAT score may be required to get into a prestigious university, but you don’t need a perfect credit score to get the best loans. Banks aren’t holding out the best-of-the-best offers for those with perfect credit — these can usually be attained by anyone with a credit score above 760, according to FICO spokesman Anthony Sprauve.
Whether you’re 20, 30, or 80 years old, understanding your credit is the universal first step. Only then can you begin the process toward perfect credit — or nearly perfect — because we’ve learned it’s basically the same when it comes to the rates and terms you’ll
receive.
https://www.thebalance.com/what-is-credit-315391
Course # 0.5
Thunder -OPM
Using Other Peoples' Money
for Y/Our Larger Investments
Rich Dad Fundamentals: Other People’s Money (OPM)
How using Other People’s Money at scale can make you exponential —and even—infinite wealth
There are two ways to get rich. One way is to use your own money. The other way is to use other people’s money, or as we call it at Rich Dad, OPM. One (using your own money) provides small-to-modest returns, takes a long time to pan out, and requires some financial intelligence. The other (OPM) provides large-to-infinite returns, creates incredible velocity of money, and requires a high financial intelligence.
Course 0.9
Yin - Collecting & Controlling Land -"Black Land Banking"
If you’re like most real estate investors, you’re probably pursuing this business with one or two primary goals in mind:
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To buy a property and flip it for a profit as soon as possible.
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To buy a property and create a dependable source of passive income.
Both strategies are completely legitimate, time-tested methods that have created a lot of wealth for a lot of people in real estate. However, of all the various ways that people pursue real estate investing, one of the most overlooked and underused strategies I know of is a buy-and-hold technique known as “Land Banking”.
Land Banking 101:
An Introduction
The term “land banking” implies almost exactly what it is. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly unpredictable in recent years), some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, parking their cash in a tangible, fixed asset, one that cannot be broken, stolen or destroyed.
Vacant land gets ignored by most new investors because it just doesn’t sound exciting. This causes a lot of would-be land investors to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs very little to own… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets, and if you buy it the way I do, no mortgage payments.
Course 10
Yang - Become The Bank
"Family / Infinite Banking"
What is Private Family Banking?
A shocking number of Americans live paycheck to paycheck. Surveys show that 74% of all employees live month-to-month, and more than 25% of families earning a six-figure income do the same. Why are so many people so hard up and in poor financial shape? In many cases, the answer to this could lie in the mismanagement of money and escalating debt cycles. The more you earn, the more credit you are entitled to, which combined with interest and fees, erodes family wealth. That’s why it is worth learning about private family banking.
Family banking provides numerous benefits and can ensure that you never fall into a debt cycle.
Debt is not necessarily a bad thing, as it can facilitate important actions such as buying a home, paying for college, buying a car, or covering health care expenses. However, the interest rates that are tied to traditional lending can cause you to bleed out wealth that could have otherwise been accumulated for your family.
Private family banking can ensure this never happens while allowing you the option of borrowing funds from a whole life insurance policy you set up. This lets you access cash when you need it without borrowing from a traditional bank or other for-profit loan-making organization.
Besides protecting you from debt, family banking also comes with several tax benefits and a number of other financial advantages. Read the rest of this article to find out what these are and to evaluate if the strategy is right for you and your family.
Go & The Art of WAR...Learning Strategic Thinking Applied to The Banking Business
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