Get Rich, Stay Rich: 3 Secrets on How
September 2, 2013 By: Bobby Casey, Managing Director A few days ago, I was chatting with a good friend of mine and, as usual, the topic of entrepreneurship and wealth came up. My friend has had a very interesting life: living in a couple of different countries, traveling the world, and working on some interesting […]
As Real As It Gets
August 15, 2013 By: Kevin Drost, Partner at The Owings Group We often read about the precious metals market in analytical terms: resistance points, support levels, 90-day moving averages, production, supply and demand, etc. What is often forgotten in all the analysis is how precious metals are a life saver in times of crisis. Throughout […]
Detroit: Why Pay for Nothing?
July 26, 2013 By: Kelly Diamond, Publisher Most people, regardless of their political bent, take issue with paying into a system that offers nothing in return. In a follow-up to what could potentially rise from Detroit’s bankruptcy ashes, I examine how the local governments have swiftly been demoted from a force to be reckoned with, […]
Why People Open Offshore Accounts
July 5, 2013 By Brian Mahany, Esq. Contributing columnist, Brian Mahany, offers some insights into offshore accounts. The current financial outlook or even personal convenience are both legitimate reasons to look into diversifying your assets into an offshore account. Offshore accounts are a hot topic these days. The IRS and treasury officials worldwide are on […]
Australian Money-Grab for Assets in Inactive Accounts
March 27, 2013 By: Kelly Diamond, Editor Without any known or present problem with the existing rule, the Australian legislature rushed a law into effect taking the inactive period from seven years to three before they seize the assets. This sudden change came as a surprise even to Australian banks, who find the arbitrary nature […]
Bailout by Any Other Name: EU & Cyprus Change Deal
March 26, 2013 By: Kelly Diamond, Editor The response from Cypriot account holders to the initial bailout proposal to levy a “tax” of 6.7% to 9.9% across the board sent the EU and Cyprus government back to the drawing board for a different deal. The second largest Cypriot bank (Laiki) will close, the first largest […]
Cook Islands: STILL Your Assets’ Best Friend
March 15, 2013 By: Kelly Diamond, Editor The Cook Islands go out of their way to protect your assets and otherwise leave them alone. The US seems to go out of its way to get those assets. Cook Islands — and other off-shore locations — prove time and again their loyalty to their trust clients, […]
Death, Taxes and Offshore Accounts
March 2, 2013 by Brian Mahany The Fifth Amendment to the Constitution used to protect us from self-incrimination. When it comes to the IRS collecting taxes, your offshore financial documents are exempt from such protection. If you look up a court case titled In Re Various Grand Jury Subpoenas in the Manhattan federal court’s docket, […]
Price Discrimination and the 529 College Savings Scam
February 21, 2013 By: Gordon Haave A 529 Savings Plan is NOT a mechanism for saving for a child’s college tuition, but rather saving for a college administrator’s salary. With a four-year degree estimated at $150,000 or more – and rising every year – parents scramble to find a way to pay for this looming […]
Central Banks Make Unintended Consequences ‘Tolerable’
by Tres Knippa, Short Japan Debt February 1, 2013 If you would like to get a glimpse of what to expect from central bankers in the coming years, then look no further than the new Bank of England head, Mark Carney. The UK just posted inflation figures of 2.7%. It is important to point out […]
