Watch David Drummond in an interview with Silver Bullion TV (SBTV) as they discuss the concept of placing gold in a Self-Directed Individual Retirement Account (SDIRA) and the benefits of going international/offshore to diversify wealth in times of economic uncertainty.
Topics: Gold and Silver
Going offshore is a hot issue of late, but it means different things to different people. Going offshore might be desirable for those who want to retire in a new destination, but it might also refer to banking or corporate preferences.
If you're planning to go international for any reason, stay tuned to find out what that means, what you should know, and the best countries for offshore opportunity.
Topics: Going Offshore
Many are familiar with the history of past governmental confiscation of gold, silver, heirlooms, and jewelry. These types of occurrences spurred holders of such valuables to move them to multiple international locations.
While holding precious metals like gold and silver offshore is not a new concept, it is gaining in popularity. Offshore storage of precious metals such as gold and silver is beneficial for many reasons, one of the biggest being risk mitigation.
Here we’ll take a deeper dive into how, why, and where to store gold and silver both on and offshore.
An IRA, or an individual retirement account, is a common investment vehicle in the United States and around the world. It works by allowing individuals to save up for retirement while enjoying tax-free growth or tax deferment.
However, a traditional IRA doesn't allow you to explore the full range of investment opportunities. With a Self-Directed IRA, you'll have far greater choices available to you.
When you bring up the idea of offshore banking, it's not unusual to get a dozen different opinions about where the best tax haven is or where banks are most eager to get foreign investors. Look beyond all the noise and you'll find that Belize is consistently chosen by savvy investors for offshore banking.
Topics: Banking Services
As we discussed in our previous article on setting up international corporate structures, there are a number of benefits that you can receive by establishing a corporate structure on an international level.
Setting up an international corporate structure offers a number of advantages, but it can also be overwhelming to some individuals. The good news is that establishing a corporate structure on an international level doesn't have to be as complicated as you might expect.
Well the "Crypto Craze" has rescinded for the moment, but one would expect to see it rise again as ideas turn into products, concepts turn into services, ICO valuations represent realistic demand and the cryptos settle and sort themselves out.
For the average investor the picture above can be a common occurrence in one's investment track record. In fact, in the investment world this is taught as a rule; the common investor will buy high and sell low. Why? Because they don't spend enough time researching their investment purchases. Instead they tend to follow the market news jumping in when it goes up, however, when the market falters, they are the first to panic and sell.
The best way to invest in crypto currencies is to do it in a qualified retirement plan (IRA, ROTH IRA,401K, etc.) to defer taxes, minimize accounting, and maximize control using a Self-Directed IRA with an international Limited Liability Company (LLC).