My op-ed piece in The Jerusalem Post outlines the potential fallout from these two regulated regulations, including the potential for small and medium-sized foreign banks to divest completely from the U.S. market.
Since these laws force American expatriates to disclose and pay taxes on most of their foreign financial holdings,… Read more
Economy & Business News
Who Stole Your Retirement?
The Wall Street Journal ran a piece recently called, “The Economy Stole My Retirement.” They explained that the dreams of the small business owners who planned on selling their companies to fund their retirements were crushed. The article quoted the statistic that the median selling price for small businesses had dropped 25% from 2008 to $150,000 now…. Read more
How a CEO’s Management Style Could Diminish Your Profits
Behind every successful business there’s a great CEO. These CEOs know that the secret to success lies beyond physical or financial resources. Their best-kept secret is how they work with their teams.
To understand how different management styles affect my clients’ portfolios, I discussed this issue with Liz Wiseman, author of Multipliers: How the Best Leaders Make Everyone Smarter,… Read more
Can Investors Avoid Taxes by Going Offshore?
If you decide that you want to enter the illicit world of money laundering, consider the following three things that you will need:
- An unscrupulous lawyer/accountant/financial advisor,
- A lot of money,
- Amnesty from the tax authorities when you repatriate your money.
News stories abound about people who feel that they no longer have the obligation to their country and fellow citizens to pay tax,… Read more
Are Fears About Inflation Exaggerated?
Even though American inflation is currently under control, it still poses a risk to investors. The problem with inflation is that it erodes the real purchasing power of your money. But if inflation isn’t rearing its ugly head in today’s economy, why should investors be concerned?
The problem is that inflation affects other variables apart from the purchasing power of money…. Read more
You Are Your Family’s CEO
Running your household and raising your family are possibly the greatest investments that you will ever make. The more that you invest, the greater the returns, and even though the risks may be higher than anything on the stock market, the dividends that you will receive are more than priceless.
Indeed,… Read more
Want to Do Business in South Africa?
In order for any economy to grow, the country needs a stable government. Recently the South African government identified six items that they will focus on in order to jump start their economy by 2030. Learn more about this initiative from South African businessman, Liron Mazor, founder of Greengrass Wealth Management in South Aftrica…. Read more