Invest Offshore

Author: Aaron

  • Invest Offshore with a Self-Directed IRA

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    Aaron
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    CNN Money answers the question “Are You Better Off Than Your Mom and Dad?” The good news-young people still believe in the American Dream. The report shows that young women are slightly better off than their parents while young men are slightly worse off than their parents. American IRA wants to get the word out…

  • Citi Launches Innovation Lab in Singapore

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    Aaron
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    Singapore – Underlying its continued commitment to providing innovative solutions to clients, Citi’s Global Transaction Services (GTS) business has opened the Citi Innovation Lab in Singapore that comprises a Client Experience Center and a Client Collaboration Center. The opening marks the first such Innovation Lab for the bank’s institutional clients in Asia Pacific. The Innovation…

  • Weekly Gold Futures Report

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    Aaron
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    February Gold Futures Settle At $1716.80 For The Week… This week the February Gold futures contract covered a range of $55.60 with a high of $1760.50 and a low of $1704.90. The trade itself has been very choppy and volatile in a daily basis. It has been another week driven by news from the European…

  • Bank Collapses or Bank Runs in America’s Future?

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    Bank collapses or bank runs are common through history. The U.S. lost about 80 banks this year but depositors have been safe, but that may change. Are Bank Runs Possible in the U.S.? Right now Greece is experiencing bank runs because the Greek population knows the Greek banks are in big trouble. Approximately 80 banks…

  • Cayman 8 points ahead of Guernsey in Banker magazine’s International Financial Centre survey

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    Aaron
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    A survey by The Banker magazine shows that the Cayman Islands can hold their own against international standards relating to service or regulation. For the third time in a row, The Banker magazine’s 2011 International Financial Centre (IFC) survey has awarded the top spot to the Cayman Islands in the Specialized Financial Centre category, besting…

  • Gold Futures Update

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    Aaron
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    February Gold Settles At $1751.30 For The Week. This week the February Futures Gold market traded very choppy and volatile $80.10 range. Friday’s Unemployment data for November in total non-farm payrolls was +120,000 and The reading of the Unemployment rate is 8.6% better than the 9.0% that was expected. Friday’s trading session covered a $25.40…

  • Fresh Approach to Private Offshore Banking

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    Aaron
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    When you imagine private offshore banking it may involve a Swiss bank account or an ultra-secret Cayman private bank account nestled in beachy isolation. But to really achieve that safe haven of wealth that neither law courts nor governments can touch you may need to think outside the box. Today’s reality is that we are…

  • Why Offshore Banking is Underutilised

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    Aaron
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    There are many myths about international banking, and a stigma attached to the phrase ‘offshore banking’. Both can conjure stories of illicit financial activities on small islands and neutral, private banking institutions with renegade accounting tactics not condoned by reputable jurisdictions. These misconceptions sometimes arise out of context from extreme legal cases. Definition: A tax…

  • Offshore Bank Certificate of Deposit (CD)

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    Aaron
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    What is a CD? A CD (Certificate of Deposit) is a savings account which is characterized by fixed term borrowing, fixed interest rates and a relatively high interest rate. Insured by the FDIC (or NCUA for credit unions), CDs are often the investment choice for savers who are risk averse and like to plan carefully…