Author Topic: For those wanting to protect windfall profits  (Read 1831 times)

Offline hankr2

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For those wanting to protect windfall profits
« on: April 14, 2013, 03:03:10 PM »
An interesting interview about protecting your assets from increasingly desperate governments.
Doug Casey says:
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The ideal is to live in one place, have your citizenship in another, your banks and brokers in other jurisdictions, and your business dealings in yet others. That makes it very inconvenient for any one government to control you. You don't want all your eggs in one basket – that just makes it easier for them to grab them all. I understand it may not be easy for most people to structure their affairs that way. That's exactly why most serfs stayed serfs; it was hard and scary to think of anything other than what they were told they should do.

He goes on to say:
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The more of your wealth you have in your home country, the greater the risks to your capital. That's why it's critical to start protecting your assets by moving them abroad as soon as possible. To help you do just that, Casey Research is hosting a web video event at 2 p.m. EDT on Tuesday, April 30. Internationalize Your Assets features investment experts Doug Casey, Peter Schiff, Mike Maloney, and more. This must-see webinar will reveal offshore strategies you can easily implement to protect what's rightfully yours.

If I knew then what I know now, I'd have assets outside the US.  :-[

The links are: http://www.zerohedge.com/news/2013-04-13/doug-casey-second-passports
and: http://internationalize.caseyresearch.com/?utm_expid=5346348-12&utm_referrer=http%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2013-04-13%2Fdoug-casey-second-passports

Offline Merralea

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Re: For those wanting to protect windfall profits
« Reply #1 on: April 23, 2013, 03:55:38 PM »
The trick, of course, is finding a way to get into such a position without spending the "windfall" on it.
It's almost less expensive to stay.