Being 58 years old and not realizing that money doesn't matter. It's all about love and relationship. Money is just a means.. Better to spend every day of your life with someone you love than to worry about how much money you're paying in taxes. Anyways screw around and you're gonna find out When she ends up in someone else's arms!

I just saw the Everyman has a story video and I’m blown away. It has opened up my eyes and will help me and my girlfriend when it’s time to live in the philipines. I will wait for your covered calls video. Thank you so much. Have an amazing day.

New to your channel this morning from Marks live stream. Thank you for sharing your knowledge. Hoping to learn more

I don't know why you don't move to Mexico...I bought a $86,000 house in Mexico..3000 sq ft..5 bedroom and 4 bathrooms..pool and Jacuzzi..20 minutes away from the border and 30 minutes from the biggest Filipino community in San Diego...that was 7 years ago and my house is valued over $350,000 today

Dumagete is growing. So buy land now don't wait Old Dog and Baby Mae just bought 1,500 sq meters he did a video on it so check on that

Thanks for the update. I'm glad you got mostly good news. I grew up in the Houston Area, but moved to Austin for a job. Looking forward to info on options. I had a friend who traded options well into her nineties. She always encouraged me to do it... Her account with Fidelity was about $5 million when she passed. She was such an inspiration.

Glad you're staying and it all worked out!😊 Me and you are the same age and I will have to wait until I'm 62 to retire. I can't wait. It's either Thailand or the Philippines for me.

Thanks for the update. I followed you over from Mark's channel and find your stock info very interesting. As a 60 year old pipefitter, also from Texas, I appreciate your insight as I map my own retirement.

Nice update Kevin. Your upcoming video sounds interesting. I’ve always had the wherewithal to do investing on my own through stocks and mutual funds. Financial illiteracy is so prevalent it really puts anyone at such a disadvantage. I’ve never used Robinhood but at least it has opened the door to many.

I wouldn’t recommend moving to Puerto Rico just for the Act60 tax benefits. Theres a ton of controversy surrounding them, and they are getting very strict with the rules to be eligible to be on Act60. Local Puerto Ricans hate it because its causing gentrification to the island with Non-Puerto Rican Americans moving in with no relation to the island and with more buying power buying up entire neighborhoods, public areas, and historical sites then going on to turn them all into private resorts, vacation homes, and Airbnb businesses. Because of all this a movement called the GringoGoHome movement has been growing big time and there have been many protests throughout the island to have Act60 removed. Also, many financial gurus and economists have said that Puerto Ricos Act60 is very likely to be taken down in the near future because its actually doing more harm to both Puerto Rico and the US economies. Channels like the Wealthy Expat and Nomad Capitalist have talked about it multiple times and explain why it’s a no go, and there’s better and safer places to move to a US territory to follow a bunch of strict rules just so you can get away with paying little taxes. Congress has been demanding the Puerto Rican government take down Act60 because it’s losing the US billions of tax dollars and many people who are on Act60 are using it as a tax loophole to cheat paying taxes on the island by pretending to live there. Already over 100 people have been caught and arrested, and many more are under investigation by the IRS. The only reason Act60 is still up is because the current corrupt governor Pedro Pierluisi and his party are using it as leverage to pressure congress to make the island the 51st state. And they are open about this plan, when congress ordered them to take it down, Pierluisi said he’ll only do it if they make the island a state first. Next year is the elections on the island and their party has been losing a ton of support because of all the corruption being exposed, and all the other parties are forming an alliance against them. If their party loses the governorship and they don’t get the majority in both house legislatures, then definitely Act60 is dead. All in all, I’m not saying Puerto Rico sucks, I just don’t recommend moving your entire life there just because you want to pay less taxes, when there’s a ton of issues going on in the island.

One of the greatest moves I made was to eliminate tax considerations on my businesses. Once you focus on what's important taxes fall to the background.

Looking forward to your coming video on weekly options/covered calls. Im sorry there were so many rough comments directed towards you when you explained your reasoning for possibly moving. Dont get discouraged with utubing.

Both Puerto Rico and the Philippines offer attractive tax incentives, but each has its own set of rules and qualifications. For U.S. citizens, particularly those with investment income, Puerto Rico can provide significant tax savings under the U.S. tax code, while maintaining U.S. citizenship. For retirees or those looking for tax-efficient residency abroad, the Philippines might offer appealing benefits, especially with its retirement visa program. It's crucial to consult with a tax professional or legal advisor familiar with the specific tax laws of Puerto Rico and the Philippines to understand the full implications based on your individual circumstances.

Happiness and quality of life is much more important than saving a few dollars in taxes. I live in Texas and the cost of livingbhas skyrocketed since these people from California and New York have moved here. A home in a lower class neighborhood near Downtown San Antonio that 5yrs ago sold for under 100k now is selling for close to $500k. House in my Guadalupe County neighborhood that sold for $160k 10 yrs ago are selling for just under $500k.

Hi. I have a friend who moved there for tax reasons and he tells me he pays no cap gains tax, long or short term, interest and dividends are tax free. A great deal if you make enough $$$ from investments. Also, under act 60 there is a requirement to purchase a primary place to live there.🤔🤔🤔

I also Subbed and came over due to Mark's video. I've been looking for a way to generate some income while traveling. I'm a few years older than you but also from south Texas. (got family near Seguin) I've been in Colombia for a while now and might be looking for a more tropical environment that's affordable. I was in the PI several times during the 80's and really liked it. I'll be watching your vids about investing here shortly. Thanks for the update and the info.

Yes , I watched you on Marc's channel and subscribed.

That was a good video. Looking forward to your options selling video.

Great outcome. Thanks for sharing. 👍🏼

PR Is an island version on NYC crazy expensive and congested. Won’t be as real as as you are in the Philippines

I have CALPERS and I pay federal taxes for life though I am grateful as most do not have this pension with COLA! Also in your comments you mentioned your dad’s Roth IRA however you also mentioned with Mark that your dad is still living. As you know RMD are required as well as liquidity of account within 10 years when inheriting as your parents passing!

What advantage could one possibly receive in Puerto Rico that is not available in the Philippines? I'm not a stock trader, I do earned income so IRS form 2555 is very useful for me after being on the ground outside the United States for 330 days of any 12 month period. My taxes became very close to zero this year.

Hey Kevin, I cought your livestream on Mark's channel. You mentioned that your accountant was wrong about most of what she told you about Puerto Rico. I believe you were told that by some subscribers. Can you update us again on your channel about your plans and the Puerto Rico situation? Thanks

great vid, look forward to your other vids

Dear Kevin, Jen! You are such an inspiration for me. I just started looking into making some money with stocks. When I found your videos on covered calls, I got so excited and want to try it right away. I have zero experience and not much more knowledge. The last 3 months I read and watched 100s of hours of videos. My biggest headache is to pick the right stocks. First, I don’t want to pay more than $1000-1500. I hope I can open an IB account without experience. Please do a video or help with the stock picking🙏🏻. I know you don’t want to advise anybody what to buy and I fully understand the reason behind it. Any idea would be helpful. We moved to Hungary a few years ago and we don’t have any retirement accounts unfortunately. Best to you and Jen! Livia, Jeff

Friend retired in Puerto Rico.He collects a pension and it is federal tax exempt.Not sure on short term capitol gains.I am 53 in two weeks wife is Thai so will retire to Thsiland buy property in children's name they have dual citizenship.I am debt free including home.I have a 457,brokerage,roth and PCRA account.I am also blessed with a decent defined benefit plan pension.I love divden stocks,selling puts,and covered calls.Everything is on Drip for now and the extra money from options I recive I buy other shares.Also invest in physical gold,silver,and platnium.I will take my pension in 5 years and let other accounts grow until I take ssi at 62.Sounds like we follow similar investing styles.I love MLPS in my taxable account they neef a k-1 filled for tax but nice divdens and its federal tax exempt until your cost basis is reached.As a Expat how difficult has it been to file your taxes?Do you need forwarding mail service to get the documents you need?New subscriber and I like your style.Happy investing/stacking.

Why did you take down that video? I was in the midst of watching it, paused it and cooked my food and wanted to comment but couldn´t. Then I refreshed the site to comment but it said it has been taken down by the creator. :D

I subscribed from Mark's channel because I wanted to see your tutorial on options trading, thank you

Good day Kevin. I for one is looking forward to the videos on options.

Puerto Rican people Are American citzens. You know that right? Puerto Rico is the 51st state.

Hi Kevin, I am 58 iyears old as well. I am doing options myself and waiting until i turn 62 , to move over there. I hope to have about all of my money in my roth, and do option on it... Look forward to talking with you , Scott

Please include naked puts in your options discussion, and how you pick stocks on which to sell contracts. Thank you.

I saw your interview with Marl of Every man has a story. Looking forward to your video about covered call options for Income. What you look for and how you make your money. I own 3 stocks that I could write covered calls on but so far I have just been a long term investor in them.

Kevin. thanks for the update. I had watched your video 2 days ago and the video from yesterday with mark and expected you would be posting something in short order.

Great update? Also keep your options open.

That place is a sh!t hole and the VA hospital there is a literal butcher shop. Personal experience over decades, and will never return not even to visit “family”. It’s also very expensive there, Florida is cheaper cost of living. Like most of Latin America (I’m currently in Colombia) unless you speak and look like them you WILL be taken advantage of every time they can get away with it. If you go there I’ll pray for you, your gonna need it!

Glad your situation changed to the better, just as I mentioned on the removed video, it's probably not a good idea to share your income/worth online or publicly. Just wanted you to consider that as you shared your experience.

New subscriber here. I just saw the video you did with Mark and hit the link to your channel. I am interested in your video of how you invest in the stock market. I have dabbled in it a few times and felt lucky to break even and stayed frustrated the entire time in the market. I have real estate holdings and also a numbers guy and now retired early. I like the percentages you talked about on Marks channel. I look forward to seeing helpful info here - Thanks !!

I would like to move to the Philippines. My wife is from Baguio City. I've been to Manila and Baguio. But i have health issues. So none of the people i know recommend me moving there. It sucks

Looking forward to the upcoming video. I also think it could help a lot of folks since I do the same thing as you.

What is your take on investing in YieldMax, Kurv and Defiance etf funds?

You should have waited until you had all the information before you made that video.

Kevin, new subscriber here, Currently I have money tied up in long term investments. I would be interested in learning more on options, I have been afraid of dipping my toes in.

I've heard the same thing about the puerto Ricans not being so friendly. Public officials are capitalizing on this momentum. Loved to hear your story though. I was considering the same move for daytrading tax incentives. Hope to hear a lot more videos about both your trading and life in the philippines. I am in a very similar situation to you and looking to relocate to P.I. in a couple years for retirement. Best wishes for you and jenalyn.

I saw the video the other day, but don't see it now. Did KZfaq take it down? Anyways, looking forward to your investing video. thanks.

New subscriber. Enjoy your financial expertise! I wonder if you could make a video for those thinking of coming to the Philippines (or any other Asian country for that matter) that talks about the financial preparations we should be making in the last 6 months before we move. Should we consider establishing domicile in a no-income-tax state to reduce our US tax burden? What banking preparations should we make? What should we do about social security (if we are the age to receive it), etc.

I am 67 and do dividend investing to build added income. Look forward to your video.

Kevin, just saw your interview with "every man..." I would like for you to do a video about your Option Trading strategies. I have good "passive income" but want to trade while living in the Phils eventually. Thanks.......

Hi Kevin Is it better to sell put calls, or covered calls? For a novice

I just watched your live with Mark and found it interesting. I was wondering if you will do a video on stock options also what about a consultation?

i hope you use a vpn? as i hear that Charles Schwaab, will close the account if they know, you are outside the mainland. in your videos i seen u said u didn't want to say what stock your playing, however i have a guess that the ticker starts with (M), let me know thanks

Great video. I also watched severaI of your other videos. I do have a question. I just want to confirm something. If I understood correctly, you are actually trading options within your Roth IRA and this makes all of your capital gains tax free for life upon withdrawal after age 59 1/2 ???? Am I correct in saying that?

glad to hear Kevin, I was bummed you might not get to the Shakeys review, I went Friday in Renton WA and It was spectacular, they have the same pinball machines from back in the day. Just like when I was growing up in Texas. I don't think they have pinball in the Philippines ones I have been to. You could teach your girls how to play, requires a lot of ass wiggle, had to show my Filipina, she has the mirror issue Jenalynn has.

Can't wait for the covered call and cash secured put vid!

I do not really understand anything about stocks and what you are talking about. I am willing to learn something new and I think you are a great teacher and I would love to learn from you.. I would surely give it a try.. see you all soon i hope 😮😊

⁠ out of curiosity I read the regulations on Bona Fide residency. Your accountant is wrong on waiting 549 days. You could live in PR for 183 days to meet the physical presence requirement. The 549 days is another option to meet the requirement, where, if you didn’t live in PR for 183 days of the tax year you could still qualify if you lived in PR 549 days of the last 3 tax years. It’s an “either or”. Also, I saw nothing that would indicate short term capital gains don’t apply for the tax exemption given you met all the other requirements.

Hello Kevin I started investing last August 2023 so l don’t have a lot of experience in stocks but I have been doing ok so far. But I would like to do better and what you said about puts and calls sound like something I would like to try so I do hope that you do a video and maybe help me understand what you do. I am 67 and I am not doing it just for me. I am married to a Filipino and have 2 little boys so it’s more for them. I did retire in 2019 but a am back to work here in the USA until November 2024 then I will go back to the Philippines. I am sure I am not the only one that would like to learn about this. Thank you for your help

Kevin, I watched your video the other day and was very interested in your trading wheel strategy and others you might share. I am coming to PH this coming year. I am learning how to trade and have for the last 2 yrs. I don't have a math mind per se, but I have learned much, but doesn't come as easy for me as it does for you, evidently. I am interested in learning your strategy which i am hoping will prove as lucrative for me as it has for you. If you could help me in any way, I would most appreciate it. I have been going through much here lately and can't wait to get there with you expats. Actually, Mark was the video I happened upon which led me to PH, so I am thankful to him as well. So, thank you very much for sharing, and I hope to meet you and Mark et al over there in Dumaguete.

Hi Keven. Thank you for being so amazing. And, thank you for creating amazing videos. Whenever you have a chance, I was wondering if I can ask you a couple of questions. I live in the US. Is there a way to email you, or message you somehow? They are quick and easy questions. I just think it would be easier to ask them, separate from this forum. Thank you. Richard

Can you add in your Video how to tell what are the best stocks to pick.

Puerto Rico is more boring and expensive. Not a lot of nice people everywhere like the Philippines, but it’s much cleaner with much better fruit

Glad to hear you are staying Kevin 😀😎my Friend.

With all due respect -- a prudent investor will always know the tax issues when using options or other short term investments. Qualified Dividends are tax at a lower rate, but options are short term and classified as ordinary income in most cases. Even Social Security will be taxed depending on your other sources of income. I have been filing Quarterly for over 20 years, you have to keep on top of things as a prudent investor in anything.

on the first video you said you might do some vids on trading like you do - that would be interesting - have traded most of my but never looked into options

Assuming you are American.. Consider establishing residency in South Dakota, i.e. no state taxes, it only takes 2 days in S Dakota to do. Then travel to countries but only spend less than 180 days a year in them, to avoid the taxes. Also, look at Cambodia if you are looking for an easy retirement Visa only is $290 a year to get with no paperwork if over 55.

I see you’re investing for jenalyn. Did you open her own account? Don’t you think that would be sensible?

Hi Kevin- This is a repost of a comment i left on Mark’s channel in re to the livestream yall did today.. Just heard where you asked that we submit questions here on your channel.. Thanks in advance : Hey Mark and Kevin, Despite the technical glitches- this was a helpful follow up to yall’s previous video.. im planning to implement a covered call strategy, over the next 18 months to 2 years, with the goal of generating a relatively small monthly income of $1200-$1500 USD per month .. Not looking at all to ‘get rich quick’, but this will enable me to relocate to Asia from America .. My questions for Kevin are: Im a very small time investor, i have a few stocks but i only own 20 shares here, or 30 shares there.. but i do own 250 shares of a Vanguard mutual fund (similar to an ETF)- can i write covered calls on those ? My other question is : i am considering purchasing 100 shares each , in a few different companies, purely to be able to write covered call contracts on them .. would that work ? Thoughts ? Thanks again guys .

You will get a major reduction in your Taxes when you filing status is "Married filing Jointly" versus "Filing as a Single Person"

If you trust your Filipina enough, you could run your income through her. You could move with her to tax-free jurisdiction and pay zero tax. She doesn’t have the tax liability that a US citizen has. You could even spend part of the year in the Philippines, just not enough to make her a tax resident.

Another good video Kevin I’m looking forward to see your video on options. By chance, did you research the income cap for Social Security under the age of 67?

I was just thinking Kevin maybe you need a new tax person. I owned an import export business in the 70s and also two bar rooms and I paid little to no taxes. Everything that my tax person did was legal and sometimes in the gray area, but still legal, I know that I could deduct every car I bought and every place I rented and most all of my meals and every plane ticket. I think a really smart tax person could save you some money, maybe😮 😅

Happy for you both

99% of day traders in stocks and options lose their asses; if the smartest folks on Wall Street who has the very best and virtually instantaneous information can’t make profits doing this, what makes you think that average Joe from Nashville can?🤗

I just watched your live with Mark and found it interesting. Just when I thought my $175k / year in dividends was pretty good - well played Kevin. I have mostly done covered calls / cash secured puts but never did it on the ultra high beta stocks you are using. I definitely need to learn more. If there are any learning resources you like / trust / value, especially those that helped you select the two you actively use, please feel free to share them. I just recently found tasty trade and am preparing to move more towards options trading as I have just over 3 years left to ‘retirement’, which means I won’t be actively involved in running the company I started over 20 years ago. I have a friend making ~ 3% / month on his 7 figure portfolio mostly using indexes, but that requires very large cash positions.

Hello Kevin- I enjoy your content. Do you do any one on one consultations? I am getting real close to understanding The Wheel Strategy but could use a little help. Let me know.

I'm glad you're staying over there. It's nothing against Americans per se, I'm sure you're a great person but the amount of wealthy people moving to PR buying real estate and letting it rot so it increases land value is making us locals really resentful. Your time here wouldn't have been as pleasant.

you are able to make 130k tax free when living in another country

Act 60 (22) is not what you think

Are you an IB or a licensed Financial Advisor?? Just curiouis...

The numbers and statements don't add up. I have to be honest, not only because I am The Truth Teller, but because I have to call out BS when I see / hear it. It sounds like this whole thread of stories and videos was designed to get viewership and potentially leading to something doing with service offerings / trading. Suspicions are running high with you good sir.

Hey Kevin. I loved your interview with Mark. I found the discussion on stocks fascinating. However I wanted to ask you how your Rottweilers deal with the heat in the Philippines? I have a male Staffordshire Bull Terrier and I may have to take him to the Philippines. I don't know how he will cope with the flight from Australia, let alone the heat and humidity. Thanks in advance.

🤙🤙🤙

Shame you took the video down. I thought your description about stock options was one of the best I have heard. Went to show my son this morning and couldn't find the video. 😥

I don’t think that’s a smart move to make for taxes yes but I’m only 28 years old and it’s crazy that I pay so much attention to all of the economies in the world.The cultural food in the Philippines eating food that come directly from the farm and the agriculture is what Puerto Rico doesn’t have.Don’t get me wrong Puerto Rico was like that at some point and time so was Hawaii but when the United States bought out both of them Puerto Rico 🇵🇷 and Hawaii never been the same.The second thing is because their is too much economic instability in Puerto Rico,the government in the Philippines isn’t the best either but for the most part they don’t push politics on there citizens🤔.The third thing is that the togetherness there isn’t much unity in Puerto Rico anymore like it used to me now it’s kinda like the extra poor people in Puerto Rico which are the Puerto Ricans against the extreme wealthy individuals which are the foreigners.In my opinion I would choose the Philippines hands down no doubt about it because I believe Asia is the future and it will be hard and become more complicated for other countries to compete with Asia as the world becomes more innovative other countries are falling more behind and all the countries in Asia are starting to out pace all of them.

From where jenalyn dad is he from American or other country?

Good to here ! Cant wait to watch that trading video !

You are a very clever man Kevin. Congratulations on the new subscribers.

Am looking forward to your trading lessons. Thank you for that. Also, I see that you are almost at 7,000 subscribers. Amazing, eh? This speaks to the quality of your videos. Congratulations. Bubba.

Hi Kevin, Just started to take interest in options here. I like the way you explain the covered calls and puts. Just remember to start your video with a disclaimer this is not financial advice. Glad you are staying and hope to meet up with you guys sometime.

Do your trading inside a Roth IRA - no taxes on the profits

Can't wait to learn more about your investing strat, also the vid about the 3 stocks that are good for it, glad to hear your staying the Philippines, thx!

Read that capital 60 on Google thought your attorney might have that opinion, so at least jennalyn is happy

Good decision yo 👍

I am seeing the difference between your strategy and the s and p is about 15% with some of that lost to taxes. I see 4 prop firms that you can trade with other people's money that might be good for you or jenny. Maverick T3 trading group Smb capital And maybe optiver. I personally like the smb capital videos but I think they are a hard prop firm to get into. Most likely it would be easier for her to learn a new strategy for trading futures or currency with someone else's cash.. look forward to seeing your strategy.

Hey we have a few similar interest. I just found your channel and I love it. I’m interested in doing the calls/putts wheel strategy. I trade in my IRA tax free… have you considered trading in your IRA you can contribute 8k a year then trade tax free.. just wait to withdraw the money after 59 1/2 no taxes .. im moving to the Philippines in 4 years. I have a few questions for you if you have a minute

u cant come up with a better way not to pay tax while trading? tons of easy options..

What you described selling options sounds amazing, I have done a bit myself my account is over $800k sorry I don’t believe you, it sounds like to me you watched some KZfaq videos and are telling ferry tails to everyone

Capitol gains is taxed less than salaried income

Now finance a Chinese car like Mark.

Awesom