The Dead Hedge Fund Manager Bounce
If you read my letter last week, you know I have now escaped from America. Last week we moved to Riga, Latvia. It was a hellish plane ride riddled with delays, running through the airport baggage bouncing behind, barely making connections, and lost luggage. You name it, it went wrong. Now that we are settled […]
Fixing a Syphilis Problem with More Unprotected Sex
I am currently sitting at my desk at 1:20am writing this newsletter. While I am certainly no early bird and frequently work into the evening, it’s a rare occasion for me to be writing at this late hour. But this has been a very interesting week. Over the past week I probably have spent more […]
Armageddon, the Apocalypse or the Rapture?
Unless you have been living in a cave in Siberia for the past week, you are aware of the US congressional deadline to raise the debt ceiling by August 2nd. If you listen to the politicians and the media you would think Armageddon, the Apocalypse or even the Rapture is on the horizon. I’m surprised […]
Expat Hank Bails on America
I had a very interesting conversation with a reader this week. ‘Hank’ is an American citizen living in Ecuador and running a local business exporting raw materials around the world. Hank was very familiar with asset protection and international taxation issues and had previously worked at a law firm assisting international clients with these issues. […]
EscapeWealth Launch
This week I am going to keep this exceptionally short and sweet. I have been busy working on a new, but related business venture. We have partnered with EscapeArtist to now run their asset protection portal – EscapeWealth. I am very excited about this project as it allows us to partner with the world’s leading […]
I’m Not Chicken Little
Last night I was working a bit on the computer on a couple of new projects. I found years ago that running multiple monitors dramatically increases my productivity. I keep various tasks on the monitors eliminating the need to switch back and forth. It really is a time saver. On one of the monitors I […]
Uncle Ben’s Free Gift
While at a social event yesterday with a group of about 40 entrepreneurs, I was bombarded with questions regarding the economy, investing, and ‘geo-arbitrage’. On the topic of ‘geo-arbitrage’, a good friend of mine, Phil, has asked me on several occasions what is the appeal of moving abroad. Over the last 2 years, I spent […]
Offshore Asset Protection Pt 2
In last week’s newsletter titled “Are We Slaves to the State”, I discussed the morality of taxation and a very short window of opportunity to save yourself an enormous amount of money on estate taxes. At the same time you can allow your heirs to opt out of the US tax trap with your estate. […]
Are We Slaves to the State?
It’s that time of year again; the season that everyone loves to hate; tax time. Personally, I don’t completely despise paying taxes as much as I despise the complications of tax reporting and the use of tax dollars. Don’t get me wrong, our current tax system in the US has reached a point where it […]
5 Steps to Eliminate Investment Risk
Like many of you, I am an investor and a trader. If you are also in the markets today, you are surely finding it to be increasingly difficult to locate safe places to stash your cash. In the past year we have seen silver go from $16/oz to $36/oz. We have seen gold go from […]
