![]() 02/16/2019 at 18:42 • Filed to: None | ![]() | ![]() |
Interested in buying that one-of-a-kind Ferrari? A look at how to actually make transactions of that magnitude.
!!! UNKNOWN CONTENT TYPE !!!
![]() 02/16/2019 at 19:05 |
|
TL;DR - just like normal folk buy stuff, but with more zeros.
![]() 02/16/2019 at 19:22 |
|
I was riding a ski lift a few weeks back with a couple guys who were discussing payments of over $1,000,000. Per buddy #1, s upposedly the best way of receiving them was via e-transfer. Buddy #2 was surprised, as was I, that the preferred cashless method used for paying for cards off Kijiji was also suitable for such huge transactions.
I never did ask what line of business buddy #1 was in. He wasn't dressed as though he was particularly affluent. Maybe I don't want to know...
![]() 02/16/2019 at 19:28 |
|
When rich people want to buy som ething it's paid for by money from a shell corporation that came from an offshore holding account fed by multiple cash based businesses all owned by various companies existing only on paper that the rich person "invests" in so they don't have to report that money as income.
![]() 02/16/2019 at 19:58 |
|
.1 is 10%
![]() 02/16/2019 at 20:23 |
|
True, b ut 0.1% is 0.1%.
![]() 02/16/2019 at 21:17 |
|
I know it just looks weird. Also thought it was the 1%