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Tips and Checks For Saving Money

March 18, 2010 · Leave a Comment 

Money-saving tips are something everyone can put into practice and save hundreds, even thousands yearly. They will help you sleep at night and stretch your money .

One practical tip is to buy your personal checks on the internet. You’ll save 50% off what a bank’s fee is and you’ll get a more varied choice of categories and designs. Read more

Tax credit may save UBS from losses

March 11, 2010 · Leave a Comment 

Looks like everyone is taking a financial beating at the moment as the battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price. UBS, which has written off $37 billion from its assets as a result of the credit crisis, said it expected to break even or make a small loss in the second quarter, due to the 3 billion Swiss franc ($2.96 billion) tax credit. “This comes as a surprise as the market expected a further multibillion loss in the region between 2 Continue reading here

Panama Replaces Switzerland as Offshore Destination of Choice

March 8, 2010 · Leave a Comment 

Gone are the days when legendary tales of Swiss numbered accounts and the anonymity that cloaks the identity of Sophie Neveu from religious agents bent at killing anyone within her bloodline.

Switzerland, once the top tax haven in the world has bowed to international pressures and now complies with global tax treaties to provide information for criminal investigations.

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Which Offshore Bank Account is Right For You?

February 25, 2010 · Leave a Comment 

Setting up a bank account offshore can provide investors with a number of advantages, privacy and flexibility if the banking destination is selected with care. Offshore bank account holders can receive large reductions in taxes as well as earn interest on their money tax free in most offshore banking jurisdictions. An offshore bank account can help investors to protect their liquid assets and real estate in a tax free zone. Setting up an offshore bank account can cost anywhere between $0 and $1,400 USD depending on the vendor which an astute investor will recoup quickly through the Continue reading here

Is it time to switch banks?

February 21, 2010 · Leave a Comment 

Well it might be time to negotiate a better interest deal – considering what the banks are giving their customers in interest for their account deposits – in comparison to what the banks are making on that same money. Certainly it’s been going on since banks were invented and in effect they are using your money without your permission and making a billion or two. Not what you’d call ‘fair trading’ …

Here’s an interesting take on why it could be a good idea to look around for a better interest deal….. Read more

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