An offshore bank is a bank located outside the country of residence of the depositor in a low- or no- tax jurisdiction. It provides financial and legal advantages like privacy, reduced legal restrictions, and protection against local political or financial instability. Offshore banking has increased rapidly all over the world since mid-1960s because of the [...]
Posts on ‘December 10th, 2005’
Why Invest In An ISA?
In the UK, since Gordon Brown grabbed an estimated £5 billion every year from our pension funds by abolishing tax credits on dividends (while a senior member of a government that tells us we must save more for our retirement!) many people now think there is no point in having Individual Savings Accounts, known as [...]
Finding the Best Credit Card for You and Your Lifestyle
Credit card companies offer potential customers a variety of different deals in an effort to gain their business. When shopping around for a credit card you will often find that various credit card companies will have different offers to make. Often times reduced rates can be found by those looking to apply for [...]
Dividends
When is a dividend not a dividend?
The latest thing “conservative” brokers are preaching these days is to buy stocks that pay dividends. Everyone likes dividends. I know I do, but when Wall Street tells me something I am automatically suspicious because they lie to me every day. Is this a new scam? Let’s take a [...]