Global Residency If you love living where you are now, then there is probably no need for you to moveHowever, after reading this chapter, you may start to develop itchy feet The grass sometimes IS greener on the other sideWhat are the advantages of moving? Basically that depends on where you live now and on how you want to live Moving to another country can reduce or eliminate income, corporate and capital gains taxes Now I've got your attention Here ...

Global Banking Everyone needs a bank account Company or person you can't avoid it The days of dealing in cash from out of your mattress are long gone The banks have us by the well, you know We just have to make the best of things All we can do as a consumer is use the opportunities that competition provides for us to shop around for the best deal we can It's the same for everything We live in a ...

Hard Money: Borrowers Solution For Low Credit, Foreclosure And Bankruptcy A couple from Palmdale, California called my office Monday afternoon asking if we can help them save their home They are delayed in their mortgage payments for 3 months and their house is in foreclosure They have kids, they love their house, and they don't want to move anywhere else They have low credit, in foreclosure and have high debt ratio so banks turned them down Knowing the urgency of ...

Financial Blunders To Avoid If you have bad credit you may be very vulnerable to fall prey to these scams and blunders They focus on the credit-needy and come at you at the worst time- when you are in a bind to rebuild credit or trying to get a loan Before you sign documents out of desperation know a few key warning signs While you may be thinking that you are a very sensible person that would never fall prey ...

Knowing Your 401k Plan Taking full advantage of your 401k plan today can help you achieve financial goals sooner, and provide enough income for a comfortable retirement For most working people, Social Security checks alone will not be enough to maintain the standard of living they are used to, once they are no longer working If you are lucky, your employer offers a 401k plan which, if used wisely and to the fullest advantage, can provide you with additional income ...

Cash Blues? Bank On Us! Admit it-- it's not unusual to run out of cash when you need it the most Even as prices soar and salaries fail to keep pace with the cost of living, confusion reigns supreme when you have an empty pocket, and the pay day seems like a distant mirage One may try his/her best to manage finances in a manner that borrowing money could be avoided But does this really happen? You know the answer To ...

Buffett's Big Bet Over the past few days, there have been several stories written about Warren Buffett’s $14 billion bet on global stock markets I believe these stories are all in reference to this excerpt form Berkshire Hathaway’s annual report: “Berkshire is also subject to equity price risk with respect to certain long duration equity index put contracts Berkshire’s maximum exposure with respect to such contracts is approximately $14 billion at December 31, 2005 These contracts generally expire 15 to 20 ...

The Need For Scholarships Scholarships are the amount of money that is given or cut in fees of students on some spatial basis Various institutes all over the world provide scholarships for students, based on performances in exams or in some other cases as arias, finance or family backgrounds Scholarships are the financial help to the students for their studies Most of the time scholarships are given based on performances It is a kind of reward for brilliant students as the ...

Understanding Financial Statements The value of the accurate financial statements generated is undisputed This is as financial statements are like windows into the health of a company Just by viewing financial statements, adept business owners will be able to determine the strengths and weaknesses at the time that the statement was generated With this, the owner can then chart the way into the future for the company, by addressing the weaknesses and capitalizing on the strengths that the company hasThe ...

Financing Basics The term financing is commonly used to explain the acquisition of loans from banks or other financial institutions Financing is usually provided to business owners, either to be utilized as start-up capital or to support an on-going business Some businesses may require financing to help them through a rough patch, or simply to provide some liquidity until more current assets are turned into cash Additionally, financing is also given to companies who are expanding their businesses rapidly and ...