THE 351 EXCHANGE ETF IS HERE. MORE ARE ON THE WAY
https://s.yimg.com/ny/api/res/1.2/v2CNabp5OUzQOYPTh4LpZQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzY-/https://media.zenfs.com/en/the_daily_upside_435/e64fe9f8fd53641ed4d2d702ed6bd114
✍️ A new type of exchange-traded fund (ETF) called 351 exchanges is allowing wealthy investors to transfer assets and defer or avoid capital gains taxes.
👉 351 exchanges allow investors to transfer assets without triggering capital gains taxes 👉 Several ETFs have launched using this strategy, including the Cambria Global EW ETF 👉 Industry experts expect the trend to continue, with more ETFs and investors adopting this strategy 👉 Sen. Ron Wyden has introduced a bill to prohibit 351 exchanges, but it faces slim odds in Congress
-- #MebFaber #JeffreyColon #RonWyden #business
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