Investments Management Specialist Jeff Voudrie of Common Sense Advisors Reveals How YOU Can Profit From Coming Tax Reform. It has been just over a year since Donald Trump was elected President of the United States of America.
Back then, I wrote a few articles explaining the importance of US companies being able to repatriate their foreign profits back to the US at a special one-time reduced tax rate. I made the case that it would be a significant impact on US economic growth.
Since then, the economy has been strengthening and we have seen US GDP back over 3%. It is my belief that that tax reform has the potential to add a second wind to the US economy and to extend the current stock market rally.
If tax reform appears more likely to pass it will undoubtedly be positive for those who are owners of U.S. stocks.
Here’s the numbers.
- There is currently an estimated $2.4 trillionin earnings held by U.S. multinationals overseas.
- The top 30 companies with the largest amount of foreign earned profits account for 46% of that $2.4 trillion.
- Of this top 30, there are two sectors that lead the pack with $579 billion and $425 billion respectively.
If you would like to know the specific two sectors that should benefit the most from this repatriation send me an email and I will let you know what they are.
We have been long the right sectors and companies most of this year through a variety of vehicles including low-cost exchange-traded funds, mutual funds and individual stocks. And the accounts have benefitted from this exposure.
Going forward, though, it is going to be essential to include these two sectors to the portfolios that I manage. You may want to as well!
A financial services industry veteran with more than 20 years’ experience, Jeff Voudrie is a new breed of private money manager. Using sophisticated electronic monitoring and software, combined with his 25 years’ experience as a money manager, Jeff works with you to create a personal investments management portfolio that reflects your lifestyle goals and risk tolerance. He specializes in stable growth and prudent profits while applying a robust, patented risk management processes. When you work with Jeff, you have the security of knowing that your life savings is getting the attention it deserves.
Jeff Voudrie, a financial planner in Johnson City, TN has been interviewed by The Wall Street Journal, CBS MarketWatch, The London Financial Times and the Christian Science Monitor. He is a former syndicated newspaper columnist and the author of two ground-breaking books: How Successful Investors Tripled the Return of the S&P 500 and Why Variable Annuities Don’t Work the Way You Think They Work. He accepts a limited number of new clients in his personal investments management practice. He and his wife Julie live with their seven children in Johnson City, TN. He is heavily involved in his local church and has done missionary work in Hungary and Cambodia.