Warren Buffet one of the richest men in the world has some sage advice when it comes to investment
"Be fearful when others are greedy and be greedy when others are fearful".
This advice rings true for the current state of the worldwide real estate market.
There is no doubt that the crash of the real estate bubble has burned investors and banks worldwide, it is at this point however where the smart investor gets in.
Although in these times a different view should be taken on a property investment. The investment should be viewed upon its return from an income generating perspective rather than just an expectation of future capital growth. If the last couple of years have thought us anything is that world events can change investment markets in a heartbeat. So aim for properties with good returns on investment with a strong rental covenant (Long Term Tenant).
The Rule of thumb is that rental income minus costs as a percentage of the price of the investments (including taxes and fees) must be 2 -3 % above the prevailing interest rate. This gives us a good risk buffer to work with.
Top Two Reasons for Investing in Real Estate Now!
1. Safety
The rule of thumb as mentioned above would have been very difficult to achieve in the middle of the economic boom but now it is quite common to have properties yielding up to 6%. Take advantage of this but be sure to invest in areas where there is a strong rental market. As prices rise property will become a more risky asset. This is the time to invest while prices are low to give you that safety buffer than investors who are late to the market will not receive.
2. Leverage is on the way back
Although it is not at the level it was at before leverage is slowly coming back. Leverage refers to the level of debt you can receive on your investment. In order to explain this further here is a real world example.
Say you buy a piece of real estate for $100,000 and you borrow 60% of this @ 4%.
You have put down $40,000 and are due to pay back $2,400 interest to the bank per year.
You receive a 6% income on the investment = $6,000 - $2,400 (bank debt) = $3,600.
An income of $3,600 on a $40,000 investment represents a 9% return. With this simple example we can see how a little leverage can turn a 6% return in to a 9% return.
Now imagine 80% leverage, this generates a 14% return. Leverage is slowly on the way back and the more leverage in the market the more investors will come in to market pushing prices higher. Get in the market now and when banks become more leverage friendly you will have most likely have two favourable options.
1. Sell your property to an investor for substantially more than you paid.
2. Remortgage your property in order to increase your percentage return on funds invested.
These are just two of many aspects of why you should invest in the real estate market now. With people being fearful about purchasing it is your chance in snap up a bargain that produces real income in the short term and the prospect of a huge payoff in the long term.
Many Chileans Show Growing Interest in Global Investing, as Well as Strong Expectations for Domestic Stock Market Performance According to Franklin Templeton Global Investor Sentiment Survey
SANTIAGO, CHILE--(Marketwire - March 29, 2011) - Enthusiasm for global markets is on the rise. The Franklin Templeton Global Investor Sentiment Survey found that half of respondents globally plan to invest outside their home country in 2011. Those numbers increase over the long term, with 62 percent of respondents globally planning to invest in global markets over the next 10 years.
In the first of its kind global survey of 13,076 people in 12 countries, 60 percent of global respondents think their own country's stock market will increase in 2011. Yet, only 33 percent of those respondents believe it will perform better compared with the rest of the world, illustrating a willingness to consider opportunities in the global marketplace.
"With an improved global economic outlook, investors are increasingly looking worldwide for investment opportunities," said Greg Johnson, president and chief executive officer of Franklin Templeton Investments. "A diversified portfolio today is no longer just a mix of asset classes but also a mix of geographies."
Chile vs. the World
Chilean respondents echo the global sentiment surrounding an improved global economy and opportunities outside of their domestic market. Nearly half (49 percent) of respondents in Chile said they believe the global economy has improved. Thirty percent (30 percent) of Chilean survey respondents currently have investments outside their home country, a number that jumps to 71 percent for planned investments in global markets over the next 10 years.
Chilean survey respondents' expectations for how their domestic market performed in 2010 versus their planned investment in the Chilean stock market are right in line. Nearly two-thirds (63 percent) of Chilean respondents indicated that the Chilean stock market gained in 2010. In fact, the Chilean stock market (as represented by the Indice General De Precios de Acciones or IGPA) was one of the world's top performing stock markets in 2010, posting a 38.17 percent gain last year. Seventy-nine percent of Chilean respondents believe that their domestic stock market will also rise again in 2011.
Respondents from Chile also believe the performance of their own stock market will outperform other countries over time. More than half (53 percent) said they believe that Chile's stock market will do better than the rest of the world over the next decade.
Respondents from Chile analyze the success of their investments over a short time period (two years on average) and expect a higher rate of return on their investments when compared to investors globally (13.3 percent expected rate of return in Chile versus 11.5 percent globally).
"Many Chilean investors are clearly beginning to embrace the idea of a global portfolio and are confident that the domestic market will also perform well in the years to come," said Sergio Guerrien, Country Manager - South America for Franklin Templeton Investments. "But this survey also demonstrates the need for ongoing investor education about the importance of having a longer term investment horizon and the benefits of professional guidance. As a global investment manager, with more than 30 offices around the world and clients in 150 countries, Franklin Templeton is uniquely positioned to serve the growing need for diversification and global exposure."
Respondents in Chile also said that they expect real estate to be the best-performing asset class over the next 10 years (31%), followed by non-metal commodities (22%) and stocks (17 percent).
Methodology
The Franklin Templeton Global Investor Sentiment Survey, conducted by ORC International, an Infogroup company, included responses from 13,076 individuals in 12 countries: Brazil, Chile and Mexico in Latin America; Hong Kong, India, South Korea and Singapore in Asia; Germany, Italy and the UK in Europe, and the U.S. and Canada in North America. Survey respondents were between the ages of 18 and 64 in all countries, except in the UK and U.S. where survey respondents were 18 years of age and older. Surveys were completed from January 6 to 17 in all countries except the U.S. where the survey was completed from January 6 to 7. Data were weighted to make the results representative in each country.
Franklin Templeton in Chile and Latin America
Franklin Templeton Investments currently has eight publicly registered funds in Chile, representing the company's first local SICAV (offshore) fund offerings in South America. The eight funds, which cover equity and fixed income as well as US, global and emerging markets include FTIF Franklin European Growth Fund, FTIF Franklin Mutual Beacon Fund, FTIF Franklin Strategic Income Fund, FTIF Franklin U.S. Opportunities Fund, FTIF Templeton Asian Growth Fund, FTIF Templeton BRIC Fund, FTIF Templeton Frontier Markets Fund, and FTIF Templeton Global Total Return Fund.(1)
The Franklin Templeton Investment Funds (FTIF) are Luxembourg-registered SICAV open-ended mutual funds available to offshore investors. The eight funds listed above are distributed in Chile through LarrainVial, a Chilean financial services company providing an extensive range of services including brokerage, research, asset management, corporate finance and institutional distribution.
Franklin Templeton has been present in Latin America for nearly 20 years. The company opened its first regional office in 1995. Today, we have offices in Rio de Janeiro, Mexico City, Sao Paulo and Buenos Aires. Franklin Templeton mutual funds have been investing in the region since the early 1980s
(1) These eight funds are sub-funds of Franklin Templeton Investment Funds, a Luxembourg-domiciled SICAV. The funds are registered in the Foreign Securities Registry of the Superintendence of Securities and Insurance, under the "Norma de Carácter General" No. 241. For further information, please refer to the latest Full or Simplified Prospectus. Past performance is no guarantee of future performance. This document does not constitute or form part of any offer for shares or an invitation to apply for shares. Subscriptions for shares can only be made on the basis of the latest available audited annual report accompanied by the current prospectus or Simplified Prospectus (available from the address below). The price of the shares of the Funds and the income received from them can go down as well as up, and investors may not get back the full amount invested. Currency fluctuations may affect the value of overseas investment. An investment in the Franklin Templeton Investment Funds SICAV entails risks, which are described in the Full or Simplified Prospectus. No shares of the SICAV may be directly or indirectly offered or sold to nationals or residents of the United States of America.
If you think you want an Offshore Bank Account, consider the advantages of an Offshore Investment Account:
• Offers Multi-currency diversification all under one account
• Debit card linked to your investment account
• Secure online statement access 24/7
• Global access to all major securities markets
• Access to the best offshore funds
• Highly rated custody network for client assets
• Referral network to high-quality accounting, tax, & estate planning professionals
Differences between Offshore Bank Accounts and Offshore Investment Accounts
Offshore bank accounts are administered by banks and offer traditional banking services which make it more convenient to utilize the assets held in the accounts for everyday spending, receipt and distribution of funds.
Offshore Investment Accounts are administered by investment dealers. The main advantage of offshore investment account as compared to bank accounts is that besides being able to hold cash in multiple currencies, they can also buy, sell, and hold stocks, bonds, mutual funds, precious metals and other types of investments. They offer much greater flexibility in terms of providing access to a larger variety of investments.
Like a bank account, they allow investors to access their money via wire transfers and debit cards. Also, they can get you access to money market funds in several currencies, which usually offer better yields than holding cash. However, investment accounts are not intended to be used for day-to-day banking transactions. Funds received in such accounts are expected to be used for investment purposes within the account.
So, if you have your money just sitting in an offshore bank account and you are ready for more investment choices you should consider an offshore investment account.
Legendary commodities investor and author Jim Rogers feels that silver would be a better buy than gold right now. At this point silver is approximately 70% off its all time high. Jim Rogers feels all commodities are going to hit an all time high before the bull run is over so it does not take a mathematician to realize there are great returns ahead for silver. Even though silver has more potential, Rogers still feels that Gold has a great chance of reaching $2000 soon.
When asked which metals he likes best Rogers stated that he prefers silver and palladium to gold and platinum but he currently owns all four metals and he will not be selling any of them for years to come. Rogers also feels that, even though there is great interest in Gold and other metal commodities, there is still a lot of room to run for this bull. This does not mean that there can't be a 20% drop here and there but there is still great upside potential.
When all commodities are reaching new highs adjusted for inflation and everyone on Wall Street is talking about investing in commodities then it will be time to sell. That is not the case today. There are several articles about gold reaching all time highs but how many articles have you seen on sugar, oil or aluminum lately? When these articles litter the front page of the Wall Street Journal and Money Magazine then it will be time to sell your commodities and get back in to equities.
People ask me all the time about moving money from one country to another and when I use the term "offshore banking" they often have a quizzical look on their faces and ask me: "is it legal to have an offshore bank account?" That about sums-up the way most people think about banking offshore, especially because of the way mainstream media has portrayed the topic but also movies often depict the lawyer with the brief case, on a tropical island, meeting-up with the beautiful co-conspirator, after having pulled of some big rip-off back in the states. So it probably surprises my friends in Brazil and Canada even more when I suggest that United States offers some of the best offshore banking services that they'll be able to find anywhere - now they're really confused....
Offshore relates to banking in any country outside of where you are domiciled (definition of domicile: a person's fixed, permanent, and principal home for legal purposes). Therefore, your bank account doesn't need to be in Cayman or Switzerland to be offshore and in many cases you can get excellent bank services from almost any country in the world. I recommend U.S. banking for anyone not permanently living there because the rates are relatively low but more importantly it's really easy to get a Paypal account with a U.S. bank account. However, in today's world privacy and asset protection play a more important part of an overall banking strategy and let's face it, the U.S. is just not big on privacy, as a matter of fact, when you open a new business account in America you'll soon-after be barraged with solicitations from local businesses and services, which means that the bank sold your information before the ink was even dry. Now that's not as much of a problem, more of an annoyance but the fact is that most people just don't want anyone, including a snooping government, to know how much money they have in the bank - that's where I come in and the reason people ask me about banking, as I've been setting-up offshore accounts since 1994.
My first education into offshore banking was way back in 1984 in Australia, where I learned by necessity how to open accounts and transfer money in foreign countries, to access while traveling in Malaysia, Thailand, Indonesia and Hong Kong, back then there wasn't an ATM machine on every corner either, so it took some strategy. Now let's fast-forward, I can set people up with what we refer to as; cloud banking - aptly named because your money doesn't reside in just one bank and your private information (notarized Passport color copy, bank reference letter, and copy of a utility bill) are kept with a trust company from New Zealand, housed in a storage facility in a third country, and once you're a depositing customer you can log-in to access your account from any Internet computer and granted the ability to order MasterCard branded, or Visa branded credit and/or debit cards, open new foreign bank accounts and easily move money between your master-account and any of your sub-accounts, or fund debit cards, pay for credit cards, make wire-transfers online and even choose to issue yourself anonymous bank cards that work with a PIN at any Cirrus Maestro ATM machine or anywhere MasterCard is accepted - all this with 100% confidentiality and completely legal by the laws of any country on earth.
The other service that we can now provide introductions to is offshore investing, in global financial markets of Forex, stocks, bonds, etf's or precious metals from the control of an International Business Company (IBC), this is often referred to as Trustee Trading, since the account management is done via an offshore trust - it's much easier than it sounds, but the bottom line is that this online investing service enables a person, or company, to invest offshore with complete privacy and security, in any major market of the world, just like using eTrade or any other online trading site, all you need is a user ID and password.
There are 4 types of people who seek the offshore services we offer:
Independently wealthy individuals
Expats earning money outside of their home country
Active Investors who prefer trading from an International Business Company
Corporate Structures that work in the International marketplace
If you are one of the above types of people and seek private, secure banking and investing, then contact me.
This week Gold traded another new all-time high ($1448.60) as once again high Crude Oil prices helped to fuel this week's rally. As the north African and middle-east geo-political chaos continue to offer global uncertainty it has become apparent that investors are still choosing the precious metals as their "safe haven' investment choice.
The tension in the Middle-eastern region appears to be spreading as news reports indicate that Syrian Security Forces have opened fire on anti-government protestors near the city of Daraa killing at least 20 people according to AL Jazeera. There are also reports that thousands of protesters in Yemen as well as Bahrain. The United Nations continue to enforce the no-fly zone and have inflicted heavy damage to Ghadaffi supported troops and weaponry, all of this geo-political tension has lent support to the precious metals.....
Thursday the April Globex contract notched another all-time high however, since that trade the April contract has nose dived $22.40 as investors and traders alike have taken profits prior to the weekend. This has been the norm as traders are cautious trading these levels as many long time Gold bugs are anticipating a rate hike from the European Central Bank sooner than later according to the experts despite continued credit issues from Portugal, Ireland and Greece. Normally when Central banks raise rates it causes the precious metals to retreat, at least initially....
Weekly News
Thursday: The U.S. department of Labor stated that first-time claims for unemployment dropped 5,000 to 382,000
Tuesday: The European Central Bank stated "strong vigilance" is necessary to keep a lid on inflation, this is a signal that maybe rate hikes are on the way, maybe next month.
The North African and Middle-east tensions are bullish for Gold and Silver since Higher Crude Oil prices are considered inflationary and during times of inflation the precious metals historically retain their value better than most commodities, it is considered a "safe haven" investment.
MY SWING NUMBERS FOR 3/28
APRIL GOLD
RESISTANCE # 2.....................$1445.00
RESISTANCE # 1.....................$1436.00
PIVOT.....................................$1429.00
SUPPORT # 1.........................$1420.00
SUPPORT # 2.........................$1410.00
MAY SILVER
RESISTANCE # 2.....................$38.14
RESISTANCE # 1.....................$37.60
PIVOT.....................................$37.24
SUPPORT # 1........................ $36.69
SUPPORT # 2.........................$36.34
There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.
Active Australian Share Traders Embrace New Market Entrant
SYDNEY, March 25, 2011 - The third and final section of the CMC Markets (www.cmcmarkets.com.au) Share Trader Insight Survey: A Look Into What Drives Today's Share Traders was released today. Part 03, entitled 'Attitudes regarding the ASX,' focuses on investors' attitudes to the ASX.
Who owns the ASX anyway?
Looking at the ASX itself, it seems that many Australians engaged in share trading (www.cmcmarkets.com.au/trading-platforms/share-trading) are not clear on who exactly owns the ASX. Only half are aware that it is a publicly listed company. A staggering 24% believe the exchange is owned by the Australian government, and 21% believe a 'member organisation' owns the ASX, while 5% believe it is owned by an unlisted private enterprise.
Response to Chi-X's entry to the market
It reveals that more than two thirds of Australians who are active share traders expect their broker to link in with Chi-X. In addition, the majority of investors informed about Chi-X's entry into Australian markets (55%) would be willing to change their broker if their broker does not link in with Chi-X.
"When Chi-X begins operations in Australia, it seems clear that traders will expect their broker to offer dealing through both them and the ASX. This is far from surprising, considering there isn't a trader around who doesn't want the best volume and price available," says David Land, Head of Analysis and Education at CMC Markets (www.cmcmarkets.com.au).
Recent ASX developments: for or against
We discovered that the positive feeling from traders regarding Chi-X does not extend towards the SGX merger, with 32% of traders being opposed to the SGX merger, while 32% remain neutral about the merger.
"It would seem pretty clear that the SGX takeover of ASX has fired up some emotion about an Australian company getting taken overseas. The numbers may suggest that some of the objection may be misplaced, with a large chunk of those surveyed not realising that the ASX is, in fact, a listed company," said Mr Land. "It looks like we have a lot more education to do, even among experienced investors."
The CMC Markets Group, a leading independent financial services provider, offers a range of investment products and investment tools including shares, options, listed managed investments, warrants, interest rate securities and Contracts for Difference (CFDs). Through our partnerships we can also provide access to managed funds and margin lending execution. In 2007 CMC Markets launched its broking service with the acquisition of Andrew West Stockbroking and CMC Markets Stockbroking is now one of the only non-bank aligned, online stockbrokers in Australia. CMC Markets' institutional partner Goldman Sachs owns a 10% stake in the company.
CMC Markets is a pioneer of CFD trading in Australia and a world leading CFD provider. With offices in London, Frankfurt, Dublin, Madrid, Vienna, Sydney, Tokyo, Toronto, Beijing, Auckland, and Singapore, CMC Markets represents clients in over 70 countries. The company was founded in 1989 and is regulated by ASIC in Australia. CMC Markets Stockbroking is a participant of the ASX Group.
The British Virgin Islands was fairly unknown until it got savvy with offshore legislation that made Offshore Company Formation lucrative and much sought after. This archipelago has come from far, what with their current massive investments in their offshore banking institutions and the tight but flexible legislation that have made many investors come in the country in droves. For those who care to form offshore companies in this country, they will be keen to sample the following information:
Legislation
As earlier rendered, this country and countries like Seychelles and Belize have legislation that accommodates the budding international investor. For BVI for instance, since the introduction of a legal frame work in 1984, the country's laws have grown and amended to the current form that took into consideration the unique business needs of the budding industry. This was important because while it is important to keep the law and avoid unscrupulous businesses, it is also in the same token necessary to attract investment in your country or territory. Offshore Company Formation in such a country therefore becomes both secure and easy, a blessed business combination, so to speak.
Incorporation
Offshore Company Formation will definitely demand incorporation. The moment you register your IBC one would need a speedy registration process. Once one needs incorporation, in the same vein, speed is of essence. BVI's incorporation only takes 3 weeks. This means that an investor will begin getting down to business in record time and what this will mean is the profits will also begin getting in on time.
Even the company structure is fairly simple requiring only few directors, the same directors may also be shareholders among other sweet speaking options. However, Due Diligence, that demands that all client information be given before Offshore Company Formation, is strictly followed. This is to ensure that all the secured channels are followed with all diligence and safety.
Privacy and Confidentiality
Even after the Offshore Company Formation is done, names and other personal information will not be given out at all cost except when demanded by a court of law. A court of law that in itself must have taken all measures necessary to avoid the seeking of the personal information. Privacy and confidentiality are basically sacred and supreme codes in the business world and as a result are not to be bandied about like cheap liquor. Even the offshore company records are not to be forcibly shared with the government.
Taxation
The IBC Act of 1984 requires that all Offshore Companies be exempted from taxation for up to an elapsed period of 20 years from the point of formation. This means that the profits that are garnered within that specified period belongs to the owners and shareholders of the company without government cuts. Who wouldn't want to invest in IBC's in the near future with such a tax exemption?
While Offshore Company Formation in this country and others like it, as earlier mentioned, is lucrative and simple, the experience is more poignant when you consider also that they are very secure and functional too.
Offshore experts refer to the setup of a new offshore company as the "structure", you can always tell the passionate pro, by the look of mischief in the eyes when the topic arises, especially when the client is a fast-moving Internet start-up with lots of capital, rapid growth, and urgent demands to expand into new global markets. Let's say the client needs accounting and legal services because they intend to start processing credit cards, through an offshore merchant account, and they want to sync the timing with a product launch into Asian, Latin and European markets with the offshore newco.
The above scenario typifies a business case in today's cyber economy. Consider that Internet Marketing Gurus use Product Launch Formulas and a bevy of other tactics and techniques, to develop and launch Information products and coaching, as an example, where $1M in the first 24 hours, for a completely legitimate product, is booked in online sales. This scenario is more the norm than the exception. Several of these Internet enterprises continue-on to make in excess of $10M in their first year, this example is just one niche. The information product marketing phenomenon is happening in hundreds and hundreds of niche markets. Just imagine the Forex niche, and Day Trading? to mention a couple more. We're witnessing record numbers of entrepreneurs amass substantial wealth, while teaching others "How too", at a breakneck pace.
If the future the US Dollar is anything like economists will have us believe, then there's no better place for making money today than online, this is the new promised land and exploding with growth like never before, but now that Google has shown us that every global corporation and especially the savvy Internet companies of Silicon Valley take advantage of tax avoidance best-practices that are perfectly legal and prudent on the larger global playing field. A new precedent has been set with the so-called "Double Irish" tax planning strategy is out of the bag, now and every company wants to be like Google and be more competitive. Once again it's obvious that smart money operates offshore, and there are no shores online.
So now overnight you're an online success, you found the tipping-point, caught a lucky break on super viral social marketing campaign, your servers have crashed daily from the onslaught of credit card processing going through your registration pages and the phone is ringing off the hook with more offers and more ways to make money from the massive online following you've accrued. All the doors are open for you to expand into new markets, you know it's time to setup an offshore corporation. Now you seek out advice about trusts and structures etc.... This is when you meet the person, hopefully a legal professional, who's eyes light-up at the very mention of global corporate structure.
Sure, tax avoidance is the best reason for creating a legal offshore corporate structure but still not too much ahead of the other incredible benefits provided by an offshore company. Here are the Top five benefits of forming an offshore company with an asset protection corporate structure.
Tax avoidance. Completely legal, ethical and just plain intelligent if you intend to compete in a global market. The cost of a decent tax attorney will be repaid within the first year of operation.
Asset protection. If you don't look like you have assets, you're less likely to be sued. While an offshore account won't protect you if a court orders you to repatriate your assets, these assets are "off the radar screen" which provides a significant amount of practical asset protection. Moreover, an offshore account can be a gateway to other offshore investments that provide much greater asset protection.
Privacy. Anyone can hire a private investigator and find your domestic assets, including bank accounts, -or do it themselves on the Internet. But offshore investments are much more difficult to find. While you are required to disclose income from the offshore account to your domestic tax authorities, these records aren't ordinarily available to creditors.
Currency diversification. Many economists feel that the massive indebtedness of the governments of high tax countries such as the United States, Japan, and the United Kingdom will cause their respective currencies to decline over the long term.
Safer banks. The banks that we chosen for the Convenient Accounts do not engage in commercial lending, underwriting or other activities that could potentially put your assets at risk. Loans are made only against collateral deposited or otherwise held by the bank.
Limassol, Cyprus, 03/21/2011 - DeltaQuest Group has launched another of their online specialized service portals: MyBankingLicense, which is specifically designed to assist clients in obtaining offshore banking licenses in over 15 jurisdictions worldwide.
MyBankingLicense.com offers clients from across the globe assistance in acquiring both onshore and offshore banking licenses. The DeltaQuest Group consultants have expert knowledge in the procedures of country specific banking licenses and provide specialist expertise and guidance with respect to the regulatory framework of obtaining a banking license and forming an offshore bank.
The services provided on mybankinglicense.com include; preliminary consultancy, company formation, business plan preparation, capital adequacy consultancy, compliance advisory, fit and proper test, SWIFT membership, card issuing license, acquiring license and correspondent bank relations.
The DeltaQuest Group is a leading legal consultancy company and specializes in corporate, legal, management and offshore services. They have broadened their online portfolio to include their offshore banking license and bank formation services, with the introduction of MyBankingLicense.com/.
The MyBankingLicense.com portal allows for individuals and businesses alike to obtain banking licenses suited to their needs, in jurisdictions of their choice. The offshore banking sector is gaining weight in the banking industry and is now a popular choice for people to set up banking businesses. A banking license enables you to engage in a range of banking activities, regardless of the area of banking you are interested in; whether it be retail of private banking, DeltaQuest Group consultants can assist you from the introductory interview stages to the final steps in becoming an offshore bank license holder.
DeltaQuest Group consultants offer specialist knowledge and guidance to facilitate the process in obtaining a bank license, these procedures are known to be lengthy and fairly complex which is where DeltaQuest Group comes in. Their consultants have many years of experience in offshore banking and will make the process of obtaining the bank license as efficient and stress free as possible, they will also advise you on the best location to open your offshore bank in.
MyBankingLicense.com also offers bank license packages, the principal banking package offered by DeltaQuest Group permits the holder to engage in merchant acquiring, cash management, fund management, trade finance and retail banking. Depending on your individual needs, DeltaQuest consultants provide detailed information about the types of banking licenses available to you in your chosen jurisdiction, whether it is a restricted or unrestricted license.
About MyBankingLicense.com MyBankingLicense.com is an online portal offering specialist expertise in obtaining an offshore bank license specific to your chosen jurisdiction. The DeltaQuest team can also assist clients in all areas of offshore banking related activities, from deciding which license best suits your needs to the formation of the offshore bank.
MyBankingLicense.com provides a range of comprehensive offshore banking services for clients including applications for bank licenses, offshore bank formation, offshore banking legal support, tax advice and banking software. These services are managed by the DeltaQuest consultants who are specialists in this unique area of offshore business and are offered in all jurisdictions which comply with the relevant offshore banking law.
About DeltaQuest Group
DeltaQuest Group (deltaquestgroup.com) was established in 1998 by a group of successful individuals with many years of experience in different fields of business life: law, accounting, banking, commodities trading and shipping. Today DeltaQuest Group is one of the most dynamic consultancy and legal services firms employing over 250 employees and having a network of representations and offices in 58 countries.
Sao Paulo, Brazil has a substantial Expat community and a site called Gringoes.com is at the center of it, there I've met some of the most interesting people through my relationship with the Founder of this Brazilian expat community online hub. We've been friends from about the first year I moved to Brazil in '02, we've attend the occasional seminar together, but mostly communicate online, through LinkedIn. We became associated with the man behind my favorite Brazil, real-estate website called "BrazBeachHouse.com". What a great hook-up, this team of realtors working the best beaches of Brazil, to showcase the most mouth-watering ocean properties. They've earned a tremendous reputation amongst our friends and contacts, by providing world-class service, plus earned the highest accolades for being super helpful. Mike Smith should be followed on Twitter, or better yet, surf the site and make contact.
Here's a revealing statement from the Brazil Beach House website:
We can empathize with our clients as we were in the same situation when first purchasing property in Brazil. After overcoming the challenges of buying property in Natal, setting up a company, gaining permanent residency and learning the language we feel that we are in a strong position to help international investors wishing to do the same.
My full disclosure is that I am not paid to recommend Brazil Beach House and my opinions of beach-front property in Brazil is very bias, always favoring the exceptional over the ordinary. I believe that with over 3,000 kilometers of ocean property it's more likely to find your ultimate place in the sun here in Brazil. Also, I'm partial to this culture. Hope you remember to bookmark Brazil Beach House and tell your friends to Digg it, Tweet it, and get the word out.
So the day has come, you are in the right financial situation, hear about International Living your entire life, as well as explored vast regions of the planet and been debating on the Expat move for over a decade. Added to the tropical dream factor of your vision, the issues of living the same way you had lived, for the as long as you can remember, was highly unlikely to remain the same as it always was, matter of fact.... The awakening happened there was some peaceful paradise out there, somewhere, plus the likelihood arose that the future could become bleak if the economic experts are correct.
Well there we have it. The time has come to become a Sovereign Citizen and anonymous. Here are some things you need to learn.
Legality The single most important consideration when evaluating the usefulness of an alternative citizenship is that it be legal in every respect. That fact may seem obvious, but the proliferation of fly-by-night passport fraud operations requires not only this reminder, but strict adherence to it when making second passport plans and decisions.
If you are going to expend a considerable sum of money to acquire a second citizenship and then use a second passport as your basis of personal international movement, you should demand that these documents and your status be in strict accord with the constitution and laws of the issuing nation.
A few countries actually do have provisions in law that give the head of government or other government ministers discretion regarding the granting of citizenship to foreign nationals in exceptional cases. But even then, if criminal bribery is involved, the person acquiring the passport may face revocation of this previously granted citizenship after a subsequent political change in the issuing nation's government. Persons with such documents frequently are subject to blackmail by being forced to pay further "fees" later on. That's why it is imperative that second citizenship must be firmly based upon clear provisions in the existing law of the issuing nation.
International Recognition Before you acquire it, be certain that the passport is one that commands widespread acceptance and prestige in the international community. If the document is not likely to be recognized by most other countries, it is worthless from the start.
The prospective second passport client most at risk is one lured into an "instant" or "immediate" passport deal that promises to waive residency requirements and grant quick citizenship. Immediate passports are a favorite lure for attracting unsuspecting and ill-informed would-be buyers who need and want a quick passport, but haven't done sufficient investigative groundwork and due diligence.
Do You Need A Lawyer? There is something to be said for dealing directly yourself with the officials of the nation from which you seek a second citizenship. This can be done at the appropriate embassy in your nation's capital city or at a local consulate. Information and applications can be obtained by phone or fax. But that assumes you have the time, expertise and patience to go the often tedious bureaucratic route that can take months or even years. Working directly with diplomatic and consular officials eliminates the middleman and may lessen the chance of fraud or mistakes. But it is better to employ an experienced attorney, an established, reputable professional who specializes in immigration and passport matters. These experts usually know the legitimate shortcuts and have personal acquaintances with the involved foreign nation officials. That can speed your application and approval process considerably.
We'll continue to add to this article, as we've just scratched the surface. Please leave a comment if you have any specific questions, and/or follow me on twitter: http://twitter.com/offshoremaven
The challenge to tax havens and financial privacy requires a fresh approach - and "Cloud Banking" provides the answer
In recent years, the concept of complete financial security and confidentiality has been under greater pressure than ever. The US Patriot Act and the G20's targeting of tax havens have challenged the notion of financial privacy, while advancing technology - from USB pen-drives to mobile phone cameras - has made it increasingly easier for a dissatisfied employee to steal and reveal confidential information.
A simple fact that needs to be digested is that general private banking simply no longer offers the security and confidentiality you may desire. Now Tax Information Exchange Agreements (TIEAs) allow two jurisdictions to share financial information entrusted to a financial institution - one of the criteria of the OECD (Organisation for Economic Co-operation and Development) in its quest for financial transparency. TIEAs can be signed at any time and
blast a hole in the confidentiality of the jurisdiction where your assets are located.
Panama had for many years been seen as a bit off the map, but on 30 November 2010 its signing of a TIEA with the US saw it follow the trend of previous seemingly secure tax havens, such as Switzerland and Belize. Under the terms of the agreement, both governments will be able to gather financial and tax information, including all income, employment, gift, estate and excise taxes. Given this shift, is it still possible to keep your financial information truly safe? However, today there is a new and innovative concept known as "Cloud Banking" - offering you additional layers of privacy. To make sure that details are kept confidential and safe your financial structure provides no complete data set for any one location, meaning any outside attempts to access it will involve a lengthy legal trail through several jurisdictions. Based loosely on "Cloud Computing", it works not by hiding your information behind a great firewall, but by spreading it around the World Wide Web in a disconnected way.
Offshore banking experts have developed a unique Cloud Banking system, whereby with your username and password you have the power to move your money from one node to another. With access to the internet, you are able to invest in Forex, stocks, bonds, precious metals, or initiate any financial transaction you wish. For secure
private banking that is truly private, Cloud Banking is the answer.
Offshore banking and investing is not littered with money laundering criminals, fraudsters, and tax evaders as many governments will have you believe. In respect to these types of crimes the reality is that there is infinitely more criminal activity onshore within their countries then there is offshore.
There is a huge difference between those who bank and invest offshore for legitimate reasons and those who do so for illicit and criminal reasons.
Unfortunately, because of the explicit efforts of the governments of the G7 nations, many people believe that this difference is slight to nonexistent. Not true I tell you. Seek out the facts, and the truth will be revealed.
Placing money and assets offshore is not now and will likely never ever be an illegal activity.
The truth is that offshore banking and investing can be most beneficial to almost anyone. The vast majority of individuals and companies that legitimately place money and assets offshore are fine upright law abiding people.
I guess part of the continuing challenge is that the word 'offshore' in the financial sense is synonymous in many people's minds with tax savings. In many cases this is true albeit more so in the past then in today's environment.
In the current environment, the tax saving advantages of the offshore world are mostly only available to a few people and institutions who are usually expatriates, non-resident in a high taxation country and with tax liability in a country where taxation is low or even non-existent. There are, however, many more real benefits available to those who choose to open an offshore bank or investment account.
The asset protection benefits, personal privacy advantages and the potential to access better account structures and services are available to the majority of people and institutions when they choose to bank or invest offshore.
Americans, British, Canadians and Europeans can potentially benefit in one way or another from opening an offshore bank or investment account.
However, placing assets offshore without informing the relevant tax authorities in your country of residence or citizenship can be illegal. The advice of a qualified attorney or independent financial adviser should always be sought before committing assets offshore.
The Bahamas for example, like many offshore jurisdictions today, is heavily regulated to protect investors and to prevent money laundering and terrorist financing. The increased regulatory environment has actually provided companies and individuals who bank and invest offshore in The Bahamas a greater degree of confidence and security.
In The Bahamas they have strict guidelines covering maintenance of client privacy which can further afford those seeking personal and asset protection with assurance that their identity and transactions will remain confidential. When it comes to protecting assets from potential unfair litigation, offshore structures like bank and investments accounts, trusts and foundations are often used in association with an offshore International Business Corporation (IBC) or an offshore Private Trust Company (PTC).
Another significant advantage of an offshore bank or investment account is the fact that such structures are usually far more flexible and accessible, pay better interest rates, often have lower charges and can offer those who regularly travel for work or pleasure the flexibility they need from a bank account through which they can transact in multiple currencies and to which they can have access from anywhere in the world.
Therefore, as you can see, the truth about offshore banking and investing is that it can offer many real benefits to many real people!
A‐CAPITAL signs a landmark agreement with Beijing to establish the First China‐Outbound Private Equity Fund denominated in RMB. A‐CAPITAL is the first European investment vehicle to sign an agreement with Beijing to establish a RMB Private Equity Fund. The Fund will jointly invest with Chinese enterprises into Europe for Technology, Market Access and Major Brands.
Beijing, China Private equity firm A‐CAPITAL signed on 11 March 2011, a memorandum of understanding (MoU) with the Beijing Municipal Bureau of Financial Work on the formation of a RMB‐denominated fund.
A‐CAPITAL, which already launched a Euro fund dedicated to China‐Europe cross‐border investments, will now benefit from the unique opportunity to raise capital in RMB from Chinese institutional and private investors. The Fund will be registered in Beijing and jointly invest with Chinese groups to pursue strategic equity investment opportunities in Europe.
A‐CAPITAL China Outbound RMB Fund will be entitled to preferential treatment from the Beijing Municipal Government, in accordance with its financial development strategies and policies. The Beijing Municipal Government will provide full support to A‐CAPITAL, in particular in the access to leading private and stateowned companies in Beijing, as well as to major institutional investors in the Capital City.
Huo Xuewen, Head of the Beijing Municipal Bureau of Financial Work, said, We welcome and support the establishment of A‐CAPITAL China Outbound RMB Fund in Beijing. We believe this sets the momentum to welcome more European private equity expertise in the Capital City, with Beijing playing a unique role in supporting Chinese companies going global.
André Loesekrug‐Pietri, Chairman and Managing Partner of A‐CAPITAL, said, We are delighted to have the strong support from the Beijing Municipal Government for this pioneering RMB‐denominated fund. Our objective is to establish an effective channel for Chinese equity investments into Europe and foster win‐win strategic and equity partnerships between leading European and Chinese groups. Through this, we will boost the development of Chinese and Beijing leading companies, and secure strong development in China of European groups.
The Fund will play an active role in the Chinese Go Global strategy and support the structural transformation strategy defined in the 12th 5 year plan. In signing this MoU with the Beijing Government, A‐CAPITAL will contribute to further strengthen Beijing as a major financial center and a leading city for the Private Equity industry in China.
Offshore online trading accounts with live internet trading of major global markets such as the US, Canada and UK, established in the name of an offshore legal structure offer numerous benefits. The offshore online trading accounts are able to trade stocks, ETFs, Forex, commodities and options in real time. Understanding the best approach for your trading strategy to invest offshore can be determined by exploring the possibilities with a seasoned trading expert, then learning the available systems.
One of the best aspects of online trading on the new platforms is that every consumer is extended an opportunity to try it out before investing real money. As a matter of fact they strongly suggest that every candidate become familiar with how the process works before trading real money. This will both establish your level of confidence and open the channels of communication with a seasoned professional.
Sure the risks are very real but manageable when you take the training courses that the broker recommends, and take the learning vey seriously. There are a few different approaches that are offered by the better brokerages and with the best offshore online brokerages, you'll be extended an invitation to explore their mentorship programs, or have a managed account. These are often account options, just in case you want to have someone by your side every step of the way.
Learning how to read market changes is essential to the success you desire. And while it may prove to be a bit of a challenge at the onset, it will prove to be worth the effort. Becoming comfortable with the software can be attained when you align yourself with the right resources. There are a number of seasoned professionals who are reaching out to new comers to help them get established.
Trading online is an investment that is worth considering for those who understand the importance of developing alternative sources of offshore income. Everyone who has a sincere interest in learning how to do this can accomplish their goals with the right information. Setting-up your offshore company, offshore asset protection trust, and an online trading account, will not only provide you with immeasurable satisfaction but also begin developing a nest-egg for you and your loved ones.
Learning to trade online is like learning anything new, at first there's a fear factor and a steep learning curve but if you are committing an appropriate amount of time to becoming educated about how the process works, it won't take long and you'll be proficient with the software an systems. Plus, by joining online investment communities, subscribing to stock trader newsletters and finding your own trusted advisors, or stock market guru, you will begin to defuse any apprehensions you might have had in the beginning; and it will serve enhance your confidence in the realm of trading. Setting a reasonable timeline for your software and market training and realistic goals for your projected financial rewards will take both an honest effort and some patience and discipline.
Offshore online trading can be the very thing you've been seeking for making your dollars work harder for you. While the risks are very real, they are out-weighed by the benefits of the advantages to real time trading. Making additional dollars and saving the proceeds offshore can mean the difference between your long-term stability, or your feeling uncertain about your financial future. We can introduce you to a representative that can help you to clarify whether this is a strategy that is suitable for you. Take action today and learn how to invest offshore.
Gold has always been of value through the ages. Well, gold is gold, too. When you are lucky enough to own a piece or two of gold, you should be wise in handling them. Precisely, you should be able to know when and where exactly to sell gold. Sufficient knowledge about the gold market is a key factor in knowing where and when to sell.
Knowing the right time to buy them is important but you must also know when to sell gold coins. Otherwise, you risk stocking your investment and loosing opportunities out of it.
If there is one investment that is considered as both solid and liquid then that is none other than gold. It is not considered solid because it is tangible and hard but because it is accepted and recognized globally. Additionally, its value will always remain high.
When it comes to its liquidity, it can be sold in different ways and forms. It can be auctioned, traded or offered to individual people or organizations.
Gold is sold in different forms and functions. There are gold coins, bars, bullions, jewelries and even dust. Their prices, although depend on gold's market value, would still differ according to their weights and karats. In some other cases, the historical value of certain gold pieces might also add to their value.
Gold coins are good examples of those that compute historical importance to its cost. These kinds of gold will not only base their price to weight, karat and market. In addition, also taken into account are the year they were formed, the number of their kinds and rarity of their existence.
If you are a collector, you would probably not consider buy and sell gold coins. That is because; you look at them as your trophies, treasures and finds. Automatically, you'll look at them as something priceless. For that, there is no need for you to sell them.
On the other hand, if you are a trader, then it will be most interesting for you to sell gold coins for cash. For that, you would want to know the best time to offer your possessions in the market.
One thing that will signal the right time to sell gold coins online or on auction is when the financial institutions start offering items with gold in them. You can also observe how they compute insurances and other premiums, when ounce is used, then than is an early sign for you.
Another thing you have to watch out for promising stocks. When their prices start going down, then that means you should start to sell your gold. This is because there would be investors who'll have the interest to divert their portfolio into gold.
If you are new to this trade and unaware of how gold coin prices are calculated, then it will be best if you can familiarize yourself with the different kinds of gold coins. There are several of these types that the market is interested of such as the most popular American Eagles, UK and Australian.
If you really want to take advantage of your gold coin collections, of course, then you have to do research of the best place to sell gold. While gold is accepted everywhere, it doesn't mean that everybody has a need for gold. This is the reason why you have to target the places where gold is sought for.
To sell gold coins is not the same as selling bullions. It is, in fact, harder to sell bullions; but, not as hard as offering gold bars. To be sure that you are doing it right, you should not hesitate to seek professional opinions since they have the expertise and understanding of the trade.
Are you looking for tips on how to Sell gold coins? We at SellGoldCoins would be honored to show you different ways to sell coins. Do you have a lot of gold coins to sell? Are you looking for good information to sell your coins? Visit our website at http://www.sellgoldcoins.org and find out more about selling your gold.
KB Gold is a German/Swiss business. Their head office is in Stuttgart, Germany, production facilities in Switzerland and gold mines privately owned in Turkey. KB produce Gold Cards that have 999.9 pure gold bullion embedded in them and the saving are certified by the Swiss Authorities. The company has been in business, in good standing, since 1994, and their gold card purchasing plans have being available since May 2008, initially the Gold cards were only for the German, Swiss, and Austrian markets, but the KB concept and FREE Home-Business Franchise has proven to be so successful that KB are now going global, and have recently launched in the U.S. market.
A Gold Purchase plan is recommended by independent consumer organizations as a means of providing you and your family long-term financial security, that's why it's known as the "Safe Haven" investment. Some personal finance experts suggest that 5 - 20% of your overall personal savings should be in gold. Even an ancient Chinese proverb says "With gold, anything is possible".
The Swiss company, KB-Edelmetall, is now the largest manufacturer of a 1 gram gold bullion bar in the world, and the only company offering a 0,5 gram bar. For the first time a gold bar in a handy payment format is available. Due to its clear serial number on each card and the approved hologram, this 999.9 "kinebar" is accepted as currency in 194 countries worldwide.
The KB-vision:(according to their website)
Our vision is to reach the masses and establish ourselves on the worldwide markets - the road to freedom, independence, and prosperity for all.
A Gold savings purchase plan can start with as little as $50 per month, here are some the main advantages.
Lifelong free exchange of your gold bars, should the gold certificate get damaged
Regular updates of special editions keeping you informed of the latest developments.
A gold purity of 999.9 quality which is the finest and highest quality of gold available worldwide.
Our mining rights to an independent mining facility will ensure that supply shortages should never occur.
Free delivery within officially launched countries for all purchases of no less than 100 bullion bars or a minimum payment of 5,000 Euro.
Free storage of your assets, for as long as you need it with peace of mind that your gold is stored in a highly secured installation.
In the event of loss (e.g. through theft) KB Edelmetall is exclusively liable. This is a unique feature as such a warranty can only be issued by a company that produces its own gold.
Knowing that your gold bars can be converted into money at any time through KB's unique price guarantee, payable in the currency of your choice.
Tangible possession of your assets.
A free to use online inventory of all your precious assets, available to regular buyers.
Market-based acquisition prices
Delivery of only the highest quality products
Unlimited access to your assets giving you complete flexibility to do as you wish.
Gold and Silver finished the week strong as world events have investors looking for alternative "safe haven" investments. After China reported its first monthly trade deficit in 11 months yesterday which certainly helped fuel the profit taking sell-off in anticipation of future interest rate hikes by China's central bank to combat the countries historically high inflation. However, it is my belief that global investors are looking at the entire global picture and have once again chose the precious metals as their investment choice.
Savvier investors are using the Gold and silver markets as a hedge against higher energy prices as well as safe haven buying as geo-political tensions in the Middle-east and North Africa escalate and threaten the flow of Crude oil.
Also the European union debt crisis has once again resurfaced as Moody's downgraded both Greece and Spain's credit rating this week. Obviously all of the above are "bullish" precious metals and the markets are reflecting that as demand is forcing prices higher.
Saif al-Islam Ghaddafi the son of Libyan leader Muammar Ghaddafi Pledged that the Libyan government will never surrender and Western Countries will lose if they support the rebel uprising. Obviously this chaos / civil war is a long way from being settled and meanwhile Libya is not supplying Crude oil. Stay tuned...
This week produced another all-time high in Gold. Globex April Gold traded as high as $1445.70. Also Globex May Silver traded a new 31 year high as it traded $36.73 this week, truly amazing when you consider on January the 28th Gold traded a low of $1309.10 that is a move of $136.60 in a little over 5 weeks. The Global data as well as the geo-political tensions are helping support the resiliency of the precious metals.
This week the Department of Labor reported that Initial Jobless Claims is 379,000. This was worse than the projected 376,000
MY SWING NUMBERS FOR 3/14
APRIL GOLD
RESISTANCE # 2..................$1434.00
RESISTANCE # 1..................$1427.00
PIVOT..................................$1416.00
SUPPORT 3 1......................$1410.00
SUPPORT # 2......................$1398.00
VOLUME..............................146,000
MAY SILVER
RESISTANCE # 2..................$37.25
RESISTANCE # 1..................$36.61
PIVOT..................................$35.33
Support # 1........................$34.65
Support # 2........................$33.40
Mike Daly / Gold Specialist
PFG BEST mdaly@pfgbest.com
877-294-4669
312-563-8029
There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.
Do you have exposure in your portfolio to one of the hottest sectors right now? The Natural Resources sector has been seen significant growth and will continue to have strong demand in the years to come.
The Natural Resource fund at Bateman Financial offers investors access to global opportunities in this sector. The fund is domiciled in the tax neutral jurisdiction of the Cayman Islands. The investment strategy is based on the belief that investments in natural resource companies will benefit from a rise in activity which consumes these types of resources.
They use their links to the natural resource world and deal flow information to pick commodities and stock of natural resources firms to build the portfolio. The fund gives investors exposure to investment opportunities they typically can't access on their own. The fund generates considerable returns by investing in resource companies on a Pre-IPO basis. Their experience in the natural resources industry and a history of assisting natural resource companies go public enables them to identify new financing opportunities that generate significant returns. Since its inception in 2009 the fund has an annualized return in the triple digits.
The fund invests in the following:
International Oil & Gas
Canadian Precious Metals
US minerals
Australian Base Metals
South American Oil & Coal
European Precious Metals & Base Metals
They have a constant focus on risk management; and only invest in companies where they know the management team. They limit the size of individual transactions based on the overall investment capital with a goal of managing the total portfolio risk, liquidity and levels of diversification. Profit realization options are indentified prior to the investment being made. As a result, the natural resources account has provided investors with outstanding returns.
For complete prospectus containing risks, objects, and returns contact invest offshore, visit www.batemanfinancial.com or contact Josh VanDyk +1-345-943-4766
*All investments involve different degrees of risk. You should be aware of your risk tolerance level and financial situations at all times. Past results are not indicitive of future results. Read any and all prospectuses carefully before making any investment decisions. As you know, a recommendation, which you are free to accept or reject, is not a guarantee for the successful performance of an investment and we are expressly prohibited from guaranteeing accounts against losses arising from market conditions.
Financial Advisers can have great opportunities and be real assets to their communities, but they can fall prey to avoidable mistakes. Mistakes 1 through 6 cover ethical concerns and 7 through ten cover business strategy and personal concerns.
1) Making uninformed judgements.
In order to stop mistakes, be sure to double check appropriate rates and information about the product(s) you are selling.
2) Fraudulence
In order to avoid fraud, go into your appointments with the attitude that you are going to do what is ideal for the client whether or not you make the sale.
3) Signing an application with fields left blank.
Make sure that the application is completely filled out before signing it.
4) Requiring a check in the adviser's name.
This should never be done, because premiums or payments from clients belong to the organization under which the agent is employed and should never be intermingled with the adviser's personal records.
5) Putting unnecessary pressure on the customer.
Good sales agents can close a sale without using coercion. Always look out for the client's best interest.
6) Failing to disclose probable pitfalls of an investment product
The agent is always obligated to disclose all factors of a financial product, regardless of whether the client chooses to purchase it.
7) Forgetting to learn
Financial agents should always be learning more about their roles and how to assist the community better. Good ways to do this are by studying books and attending seminars.
8) Forgetting to seek out new business
Even when financial agents are successful, they should always be making relationships with potential new clients so that their business will succeed in the long run. Ways to do this are through recommendations and participating in trade shows.
9) Forgetting that a good frame of mind is vital
Even when financial advisors are active in seeking out new customers, they must have a can-do attitude that will help preserve them during dry periods. Ways to foster a good attitude are to read motivational books and to set aside time to do things they find enjoyable.
10) Neglecting to find a coach.
Financial advisors need a good support system in place, because oftentimes they work alone. A good mentor can act as a trainer and a sounding board with whom younger financial advisers can share their joys and frustrations. Financial advisers should contact their supervisors for ideas on how to find a mentor.
About the author: A. B. Mulvey blogs for financial advisor career, her pastime blog she uses to share her expertise to assist people handle the facets of economic advisory.
Elimination of Capital-Gains, Tax-Free Growth, Tax-Free Borrowing, Elimination of Estate Tax. This structure offers some of the best tax planning benefits available today. Investors with appreciated assets of at least $1 million (public or private stock, real estate, etc.) can use the FVUL structure to obtain significant tax savings.
The FVUL can eliminate 3 levels of tax:
A. capital gains tax,
B. tax on reinvested income, and
C. estate tax.
Private Variable Annuity
The full FVUL structure contains several components. First, an investor transfers assets to an insurance company in exchange for a deferred private annuity.
The insurance company can be directed to either hold or sell such assets. For example, if an investor's closely-held company stock is transferred to the insurance company, the insurance company can then be directed to sell the stock to a third party. The third party pays for the stock in cash, notes or other consideration. The insurance company invests the cash into stocks, bonds, mutual fund, etc., for the benefit of the investor. Foreign insurance companies are used, to provide almost unlimited flexibility in structuring the annuity contract. Investments can be held in either U.S. or foreign brokerage accounts, at the investor's option.
No Tax on Sale or Growth
The sale of the assets from the insurance company to a third party does not trigger capital gains tax, because the sale is made by a foreign entity. Further, the investments accumulate on a tax-deferred basis until withdrawn.
Taxation of Withdrawals
The second component to the FVUL structure is combining the private annuity with a foreign variable life policy. The variable life policy allows the investor to take tax-free policy loans from the FVUL. If the private annuity were not combined with the FVUL, then the annuity payments would be partially taxable as ordinary income.
Long-Term Estate Planning
Combining the private annuity and foreign variable life insurance with a third component -- a U.S. life insurance trust, allows the investor's assets to pass to beneficiaires of the trust without tax. Upon the death of the investor, any assets inside the FVUL structure pass to surviving family members outside of the investor's estate, thus avoiding the 55% estate tax. Therefore, this strategy can effectively "double" the after-tax value of an affluent investor's estate.
The full FVUL structure is combining the private annuity, the foreign variable life insurance policy, and the life insurance trust, in a special way.
*To ensure compliance with U.S. law, and to provide comfort to the investor, an independent legal opinion can be obtained.
Our wallets as consumers are not fat with the rising price of commodities...from gas to a loaf of bread prices are moving higher. Crude is showing signs of exhaustion...NO I'm net advising getting short but a $5-7 correction seems reasonable. A trade back to just the 20 day MA in May drags prices in the May contract to $97.50. Natural gas failed to penetrate the 20 day MA; the same level that acted as resistance last week. On a settlement above $4.00 in May expect bears to be on their heels. We suggest gaining bullish exposure via futures and options. We would've expected to see some downside follow through in the indices today but after the rally prices are back above the up-sloping trend line. We would like to see more guidance as we've been sucked back into some shorts via June puts and are again under water with some clients.
The dollar should see more upside from here...sell the Euro, Pound or Swissie. Lean hogs are a buy in our opinion as we will have some bullish suggestions in June after today's 2.6% appreciation. Buy dips in live cattle as 1.20 is likely in the June contract and 1.30 in the December. Silver and gold look heavy to me but they have for weeks now. We may issue a ratio spread trade recommendation selling (1) silver and buying (2) gold...stay tuned. Cocoa is a sell; we will be looking to gain bearish exposure in May or July in the coming sessions. Cotton traded down limit...clients are short May from much lower levels and we may have a July options recommendation if we continue to see weakness...stay tuned. We may see a continued break ahead of Thursday's USDA report but we would use breaks in grains to establish longs in new crop contracts. We have November soybeans and December corn on our radar for clients. From the long end to the short end we feel the play is to be short in the debt complex.
Risk disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.
Leading Asian investment banking group also trials Edge and IQ/Max Sync
JERSEY CITY, New Jersey, March 7, 2011 - IPC Systems, Inc., a leading provider of trading communications solutions to the world's top financial services firms and global enterprises, today announced that AmInvestment Bank Berhad has agreed to trial IPC's new game-changing trading communication system, Unigy(TM).
Unigy was launched globally in March 2011 and offers trading firms of all sizes the opportunity to transform trading workflow and collaboration through a single, unified platform for communications and applications.
AmInvestment Bank Berhad will be testing the Unigy platform on its trading floor in Kuala Lumpur, Malaysia. As part of the initial Beta, the company will also be implementing two of the new Unigy- enabled devices and applications which were recently launched: the first, IQ/MAX Edge, a new turret/dealerboard which offers much of the key functionality of an IQ/MAX turret, in a compact package; and IQ/MAX Sync, an application that facilitates "software control" of the turret to manage calls, speakers and directories directly from the trader's PC. AmInvestment Bank Berhad will be replacing both of its existing legacy backroom systems, IPC's Tradenet MX and Alliance, with a single Unigy backroom.
As a customer of IPC for over 10 years, AmInvestment Bank Group has a strong reputation within the Asian financial markets for its innovation and forward-thinking strategic focus. The company has led the market with many firsts, receiving awards and accolades which further cement its position as one of Malaysia's leading investment banking groups. Recent awards include Best Equity House (from both Alpha Southeast Asia Best Financial Institution Awards 2010 and FinanceAsia Country Awards for Achievement 2010), Best Domestic Bond House in Malaysia (The Asset Triple A Country Awards 2010), Asset Management Company of the Year in Malaysia (The Asset Triple A nvestment Awards 2010) and "Most Outstanding Islamic Investment Banking" (KLIFF Islamic Finance Awards 2010). This spirit of innovation is the driving force behind its agreement to implement IPC's Unigy solution.
"We have held discussions with IPC in recent months about the Unigy roll out and we are extremely excited to be trialing such a progressive trading communications solution," said John Tan, Director/Head of Equity Markets, AmInvestment Bank Berhad. "Our previous experience with IPC has proven to us that the company really understands the changing needs of the financial services industry. As our global clients face ever more diversified needs, we ill continue to embrace the creative solutions required to meet them. Unigy promises increased productivity and collaboration, lower TCO and higher ROI, as well as a centralised management system so we are truly excited to xperience the positive impact it will have on our trading floor," added Mr. Tan.
SINGAPORE, March 7, 2011 - Singapore and Hong Kong have been ranked among the most popular global destination to relocate to, with 100 percent of professional women surveyed saying they would recommend working there to others. Women are increasingly considering these locations because of the low crime rate, tax incentives, excellent lifestyle, and opportunities for personal development in the region.
In the global survey, respondents placed Singapore joint fifth with Canada in ranking the most popular destinations (after the US, UK, Australia and Switzerland) and Hong Kong was joint sixth with France and the UAE.
The Global Professionals on the Move Report 2011, commissioned by the Hydrogen Group and conducted by a consultancy project team from ESCP Europe, analyses responses from 2,637 professionals from 85 different countries with qualifications of a bachelor degree or above. With the majority of respondents - 91 percent -already working abroad or looking to do so, the survey offers unique insights into the experiences, attitudes, motivations and priorities of highly qualified, high earning, professionals from around the world on working overseas.
Simon Walker, Hydrogen Asia Regional Managing Director, said, "94 percent of the overall survey respondents who'd moved to Asia said their living conditions had improved with the move and 86 percent had improved their salary as a result of moving here. The report confirms working overseas to be an extremely positive experience and offers fresh insight into factors affecting the number of women progressing in business. The report highlights that they are not getting as much international experience as men, which hinders their career progression, despite international companies actively seeking out their talents.
"We've noticed an increase in the number of women from overseas taking advantage of the career opportunities offered here. Banking sectors in particular are looking to source experienced female professionals from a global talent pool."
When you want to invest in the Cayman Islands, the place that you should be contacting is the Chamber of Commerce, as this is the best center to get any kind of business related information. This island has been a favorite spot for most business ventures for a long time now, since it has many potentials for investing in a Cayman Company.
There are many options to choose from in the Caymans, whether you want to invest in real estate, mutual funds or perhaps a business partnership, as any investments done on this island would be a lucrative venture. It is said, that investments flourish on this island simply because of the expansion in the population and the tourism industry.
In addition, there are also some key factors such as:
The stability in the government; the strong economic climate based on tourism; the intercontinental banking options and also the cutting edge national infrastructure.
The fact that investors would not have to pay the local taxation, such as capital gains, non-resident tax, income tax or any other comparable taxes that you will find in Cayman.
There are absolutely no restrictions on investors in regards to purchases.
There is maximum privacy and the investors don't have to worry about reporting earnings or ownerships to the government agencies.
Gold settled at $1428.60 for the week as African and Middle-east tensions continue to support the precious metals. The escalating violence in Libya and reports that demonstrations are spreading throughout the Middle-east has traders and investors alike choosing both Gold and Silver as their alternative "safe haven" alternative investment. The chaos in Libya has shut down that countries ability to supply Crude oil to the world and therefore has fueled the sky rocketing price of Crude oil. April Crude oil traded as high as $104.60 per barrel at the time of this posting.
Higher Crude oil prices are very inflationary and are "bullish" for Gold and Silver prices. Historically Gold and silver retain their value better than most commodities during inflationary periods. Yesterday it was reported that the Libyan government had accepted a plan proposed by Venezuelan President Hugo Chavez to help negotiate an end to the conflict in Libya. It appears that the only way for the rebels to agree to a negotiation is for Libya's leader Muammar Gaddafi to step down or go into exile and it doesn't look like that will happen voluntarily.
Also: The U.S dollar fell to a four month low versus the Euro. The Dollar has struggled under the weight of Higher crude oil prices and good Jobs data. In addition Fitch ratings is expected to revise Spain's bond rating from stable to negative.
THIS WEEK...
The department of labor announced the Unemployment rate dropped 1/10 of a percent to 8.9%....better than the projected 9.1%.
Thursday, according to the Department of Labor...Initial Jobless claims fell by 20,000 to 368,000 for the week ending 2/26 this was far better than the 395,000 that was projected.
There are reports that Iran's security forces are clashing with government opposition supporters in Tehran causing further investment concerns of tension regarding the flow of oil from Iran
European Central Bank boss Jean-Claude Trichet indicated that the ECB may raise interest rates in April
Wednesday's gold session notched another all-time high as the Globex April contract traded $1441.00 per ounce.....
Friday's Silver session notched a 31 year high as Globex (May) contract traded $35.40.5 per ounce.....
MY SWING NUMBERS MONDAY 3/7
APRIL GOLD
RESISTANCE # 2.......................$1444.00
RESISTANCE # 1.......................$1436.00
PIVOT........................................$1425.00
SUPPORT # 1............................$1417.00
SUPPORT # 2............................$1406.00
Volume......................................121,000
MAY SILVER
RESISTANCE # 2........................$36.15
RESISTANCE # 1........................$35.74
PIVOT........................................$34.97
SUPPORT # 1............................$34.56
SUPPORT # 2............................$33.79
There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.
Complaint Alleges Over 100 Cases of Seychelles' Seizure of Funds Without Justification, While Accepting IMF Loans and Help from The African Development Bank and Devastating the Nation's Offshore Banking Industry
NEW YORK--(BUSINESS WIRE)--Two Companies, Cooperhill Investments Limited and Kazou BV, recently filed a lawsuit in the United States District Court for the Southern District of New York seeking to recover $10.8 million that the companies allege the Republic of Seychelles illegally seized from them in 2010. As alleged in the complaint, this seizure is the latest in a campaign of financial piracy by the Republic of Seychelles, which has seized over 100 bank accounts of foreign individuals and companies since 2008. Following a consistent pattern of behavior that has been exposed in two previous lawsuits alleging financial piracy, the Seychelles' Financial Intelligence Unit (FIU), who took the money, has offered no explanation at all for its seizure of the assets. One of these prior lawsuits, according to the Complaint, alleged that Seychelles even kidnapped foreign nationals, threatened them with false drug charges and harassed a teenage girl to meet its goal of stealing money from the plaintiffs in that case.
The Complaint alleges that this program of state-sponsored financial piracy is being undertaken by the Republic of Seychelles in order to rebuild its foreign reserves as the result of an acute financial crisis stemming to 2008. Furthermore, as the Complaint pleads, Seychelles is obtaining financial assistance from both the International Monetary Fund (IMF) and the African Development Bank, while, at the same time, stealing money from Seychelles' banking customers. This conduct, the Complaint alleges, is consistent with findings of the U.S. State Department that Seychelles officials sometimes engaged in corrupt practices with impunity.
Since 2001 Vern Jacobs has been providing information for Americans who invest offshore, or want to learn about offshore investing, through his Yahoo Group list called the Jacobs Report, it's grown to over 1,700 members, I've been a subscriber since the beginning and watched dozens and dozens of people resolve questions they had about offshore investments.
The description on the Jacobs Report at Yahoo Group reads:
The Jacobs Report on International Tax Planning is a free e-mail Q&A service about international tax planning, asset protection and related offshore topics. The list is open to the public, but answers to questions by customers and subscribers of Offshore Press will be given priority in the selection of questions to answer. Answers to questions will be provided on a time available basis. The responses to questions are based on the author's interpretation of the relevant tax law and are not intended to constitute specific advice to any member of this Yahoo Group or to be a substitute for qualified professional advice. The information provided does not constitute authoritative support for any tax issue and may not be relied on to avoid potential IRS civil penalties for negligence.
If you're an American citizen and need advice regarding investing offshore, then I highly recommend learning more about Vern Jacobs. If you are a U.S. citizen or U.S. resident alien who has (or wants to have) assets in a foreign trust, then you might appreciate the Vern Jacob's book: U.S. Tax Guide for Foreign Trusts. If you are the beneficiary of a foreign trust, then I suggest you read this book.
Even if you're a foreign trustee, or an attorney who facilitates the formation of foreign trusts, an investment advisor who manages the assets in a foreign trust or an accountant who keeps the books for a foreign trust owned by a U.S. person, then you also would appreciate the information contained in this book. Learn more at www.vernonjacobs.com
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For an introduction to an offshore investment firm please contact Invest Offshore.
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