Russia to Diversify out of US Dollars
According to a recent Bloomberg article, Russia is adding Australian and Canadian dollars to its international reserves. The Russian central bank deputy chairman, Alexei Ulyukayev along with Dmitry Medvedev have recently suggested that the world needs a new reserve currency and the US dollar no longer should be used. Central banks around the world have […]
Small Business Tax Hikes – Asset Protection
In a recent article from Bloomberg on June12th, Senator Snowe, a Republican from Maine, called the new jobs bill a ‘poison pill’ for small business growth and investment. Snowe is talking about HR 4213, so aptly named the “American Jobs and Closing Tax Loopholes Act of 2010”. Ironically, the loophole that looks to get closed […]
Asset Protection – Private Family Office
Last week I discussed an investment conference in Zurich that I attended a few weeks back. I came back armed with lots of new ideas and connections for those of us interested in the capital markets. I don’t normally pontificate on money management, but after that conference in Zurich, my mind was full and I had no choice but […]
Asset Protection for the Entrepreneur
This is a link to an article recently published in Octane, the quarterly magazine for EO (Entrepreneurs Organization). Any and all comments are appreciated. Asset Protection for the Entrepreneur
Tax Free Tshirt Company in Nevis
As I mentioned previously in my blog, I have discovered a way for some of you to defer taxation on your business income. This, of course, requires an offshore asset protection strategy. There are many details involved and lots of restrictions, but I am going to use a theoretical example to illustrate. Joe runs a […]
Norwegian Capitalists
A few weeks ago I was in Oslo, Norway and spent some time with some local friends. These guys are not your typical Norwegian socialists (sorry if that offends anyone). They are very much of the free market mindset. These are entrepreneurs and investors. This was my first trip to Norway and I was in […]
A Flawed Tax System
A few weeks ago I went to the local mall here in Tartu to buy some dress clothes. I am not what you would call a ‘suit kinda guy’. But I was going to an investment conference in Zurich and thought the usual jeans and a t-shirt may be a bit too casual. Whenever I […]
Unreportable Real Estate and Precious Metals
Today I want to share with you a couple of options for legally and safely getting your assets out of the US without the requirement of federal reporting. There are really only two ways to do this. Buy real estate or hold precious metals like gold outside of the US. If you hold any other […]
Asset Protection for the Free Market Capitalist
Today I want to share with you my philosophical beliefs on capitalism and a free market in order to help you understand why asset protection planning is so important. Historically, capitalism has proven itself to be the only system that works efficiently, but it now seems the governments of the world are increasingly trying to […]
Top 10 reasons you should celebrate the new health care bill
I don’t usually repost other people’s blogs, but this one is pretty funny. Please click through to read the remainder… The Top Ten Reasons You Should Celebrate House Passage Of The Healthcare Bill 10) A nation that can afford trillions in deficits as far as the eye can see can surely afford hundreds of billions […]