Unintended Consequences of Trade War with China
The trade war is escalating to what might become a currency war. Other unintended consequences have followed, making global markets nervous. August 12, 2019 By: Bobby Casey, Managing Director GWP In this battle of will between the US and China, inevitably, the victims will be the private consumers. At the G20 Summit in Japan, it […]
Lehman-Style “Lock-Up” May Freeze Deutsche Assets…
Poor management decisions at the bank level can lead to some scary decisions like frozen accounts. The spin Deutsche put on it makes it even scarier. August 2, 2019 James Simons heads up one of the world’s top-performing hedge funds (Ren-Tech). This fund got to that esteemed position by making predictions so accurate it seemed […]
The SECURE Act: Good or Bad for IRAs?
The SECURE Act has a provision in it which puts a wrench in the estate planning strategy of Stretch IRAs, and it looks like a money-grab on the 1%. July 22, 2019 By: Bobby Casey, Managing Director GWP By the end of first quarter in 2017, US total retirement holdings was just over $26 Trillion. […]
Interview: 12 Minute Convo
July 17, 2019 Bobby Casey and Engel Jones have a brief conversation about the dynamics of working with entrepreneurs and what keeps him going. A little motivation, some relateable content, and insights… enjoy the conversation! Until next time, Live Well.
Deutsche Bank Investigated for Money Laundering (And This)
Several banks around the world are jeopardizing their depositors’ holdings with some rather shady dealings with money launderers. July 16, 2019 What would you think if you went down to the local coffee shop, got a newspaper, and read that your bank was being investigated for money laundering? We’ve previously covered an instance where a […]
Tax Distraction
When people are distracted by who is paying taxes and who isn’t, they miss the part where a crazy tax regime and new recruits aren’t necessary. July 1, 2019 By: Bobby Casey, Managing Director GWP I see these articles flying around incredibly angry about how the “uber rich” aren’t paying taxes from the left… I […]
Italy’s Economy is Latest in EU Debt Crisis
Italy is stuck in recession mode through a combination of EU policies and its own internal follies. What are the implications of this to the EU and the world? May 20, 2019 By: Bobby Casey, Managing Director GWP Some red flags are going up in the EU, and those flags are coming from Italy. Economic […]
Major Cities Crack Down on Airbnb
Cities cracking down on Airbnb and other home-sharing models are really just obstructing opportunities for people to serve the market demand and make some money. May 13, 2019 By: Bobby Casey, Managing Director GWP A little over four years ago, Ross Ulbricht was convicted of money laundering, computer hacking, conspiracy to traffic fraudulent identity documents, […]
U.S. Is a Tax Haven for Everyone EXCEPT Americans
Many American citizens consider themselves privileged, but that privilege doesn’t extend to tax protection. That is reserved for everyone EXCEPT Americans. May 7, 2019 By: Bobby Casey, Managing Director GWP It’s well known among digital nomads U.S. citizens are not treated well by their own government when it comes to incorporating and banking. What may […]
Gerrymandering & Rigging the System
When people say the system is rigged, they are referring to gerrymandering, cronyism, and favors for the few disguised as do-gooder programs. April 29, 2019 By: Bobby Casey, Managing Director GWP I’m well past the idea of believing the US system is a “few reforms” away from being adequate. There’s no simple structure to elections. […]