Click the Pup
You haven't donated, have you!
Donate monthly and help eliminate FReepathons
Sponsors will bark up $10 each time a new monthly donor signs up
Posted on 04/15/2012 4:53:57 PM PDT by appeal2
www.FinancialSurvivalNetwork.com presents
Trevor Bradley from Georgetown Marketing discussed how to internationalize your assets before it's too late. Many people are unaware that it is currently completely legal to invest funds overseas. Whether you're opening a bank account, investing in a business, or buying real estate, you are free to invest as you desire. However, you must do it properly and report it to the irs/government. Failure to properly disclose your overseas assets and investments can result in extremely Draconian fines and penalties. With the rapid deterioration of the US economic system, how much longer will Uncle Sam allow this?
Trevor Bradley, a resident of Belize, is an expert in helping you do it the right way. The banks in Belize have an extremely high reserve requirement, 24 percent, the highest in the world! They only invest in 50 percent mortgages, meaning the borrower must put down 50 percent cash to purchase real estate. It's certainly worth looking into, if you're in the right circumstances. You never know when the government will prohibit overseas investment or asset holdings. They've been moving in that direction for many years.
No matter where you put it, money is going to ultimately fail. Make sure you have treasure in heaven, as Jesus said. There is no other security.
I believe that despite the warning page, that SwissQuote will still allow US Persons to open an account.
see:
www.swissquote.ch/index_e.html
SQN.SW is a listed stock.
wouldn’t know how to put money overseas.......the ira trap and the 401 trap has got people’s money in a vise.....even non retirement money is going to be hard to save....
You are confusing salvation with a conditional gift that has a value far beyond anything in the physical world such as gold or diamonds with the physical blessings that God grants for us to sustain our lives and through which to share with others. God wants us to be a good steward of all blessings, including financial assets. Part of being a good steward is not to put your wealth in a bag with holes:
Haggai 1:6
(6) you have sown much and bring in little; you eat, but you do not have enough; you drink, but you are not filled with drink; you dress, but no one is warm; and he who hires out himself hires himself for a bag full of holes.
If any passage depicts fiat money, this is it. That does no t mean that since money is so frail that we shouldn’t pay any attention to it. Quite the contrary. After all, Esau is remembered for not showing proper respect to the value of his birthright blessing and sold it for a mere bowl of lentils.
My conclusion is that we must be prudent with treasure in both realms.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.