The Shrinking U.S. Economy And You
If you are interested in investing, you might be wondering what the July 30, 2020 headlines about the U.S. economy shrinking a whopping 33% (more accurately, 32.9% according to the Associated Press) between April and June really means.
I love how conspiracy theory that line above sounds; there is no conspiracy, just a combination of economic factors that have brewed up a nasty economic storm...
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How to Recession-Proof Your Finances
If you think you can’t recession-proof your finances, then think again. The signs are all there of a looming economic downturn, but you can protect yourself. The key is to start now.
What is Your Starting Point?
First, you need to review your financial situation. Review all of your accounts, even those you thought you closed but didn’t. Write down your payments, their due dates, and their...
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Swiss Bank Accounts for Non-Residents
Swiss bank accounts for non-residents are the stuff of legends. Commonly, they are associated with Bond movies or tall tales of kingpin dealings. The reality is much less exciting but may offer perks you didn’t know you needed.
Swiss banks are famous for keeping your information private, making it a known tax haven. For hundreds of years, Switzerland has kept bank account information secret...
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Operation Compliance: Detroit’s Slaughtering of American Businesses?
I heard about this video on one of my favorite podcast’s: ‘Creating Wealth’ with Jason Hartman. This video epitomizes how foolish the brass is in Detroit, how they are beating up on businesses and ultimately driving tax dollars away from the city. It is no wonder Detroit is in fiscal ruins and the prospects for a brighter future are as likely as a Tea Party convention hosted...
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Even Buffett Digs Single Family Homes
This is a clip from 2012, so I consider it quite promising for the housing market, if the Oracle of Omaha digs single family homes as an investment. He would like to buy a “couple hundred thousand” of them, as a way of shorting the dollar. Never looked at it that way, but he is right. The value of a dollar is going down, yet the historical value of real estate goes up. In a sense,...
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