While making my way through tax season, I see several items that can be done year round to make your life easier from a tax perspective. Here are just a few that can save you time and money.
An alternative technique to protect from a possible collapse of the U.S. dollar one should consider investing in foreign currency.
How does one invest in foreign currency?
• Open a bank account denominated in foreign currency…Read More
As an investor you take on risk in the hope of receiving sufficient reward to justify that risk. That is just basic investing; where there is no risk there is no reward. Another basic reality of investing is that governments love to tax any profit you happen to make. It may not seem fair that you take the risk and they get some of the reward (ok, it more than seems unfair) but, “that’s the cost of living in a civilized society” (or so say those that take your profits).
The reality of investment-related taxes means that tax planning is …Read More