Three Profitable Offshore Opportunities - Banking, Forex, And a Foundation The world is changing and it is changing fast. Who would have thought that small Asian economies would be leading the way out of the worst recession in seventy-five years? Who would have thought that a country like Peru would be buying dollars to alter the exchange rate and help prop up the dollar? It is a brand new world where perhaps the best place to set up a banking operation is in New Zealand although an NZOFC cannot be called a bank! Still, a tried and true solution to offshore asset management such as a Panama Private Interest Foundation remains as a profitable and secure offshore solution along with offshore banking, and opening a Forex company. More and more people are moving their assets, their talents, and themselves out of their nations of origin and into a busy, industrious, and profitable offshore world. The very wealthy have banked in tax advantaged jurisdictions for years. They have taken still take advantage of offshore asset protection and privacy vehicles such as trusts, international corporations, and foundations to shield their wealth from prying eyes and reduce the tax consequence of inheritance. However, it is the surge of expatriates from all over the globe moving and doing business all over the globe that opens the doors to profitable offshore investment opportunities. Three profitable offshore opportunities are starting a bank, forming an offshore Forex company, and using a Panama Private Interest Foundation as a holder of tangible assets, businesses, and bank accounts. There are many opportunities in today's fast moving world. We choose these three for their combination of opportunity and security. Offshore Banking in the 21st Century: an NZOFC There are many offshore banking jurisdictions. There are also a number of jurisdictions where an individual or corporation can obtain licensing and set up business offering banking services. In choosing a jurisdiction for offering offshore banking services the individual or corporation will want to search out a democratic, politically and economically stable, business friendly country. A nation where English, still the universal language, is spoken is a plus. The nation will need to have at least adequate infrastructure to support the business and ideally will have first rate telecommunications, transportation, and support services. A nation that offers a first rate offshore banking opportunity and also fits the necessary criteria for a successful offshore operation is New Zealand. This former British Crown Colony is located in the Southwest Pacific to the East of Australia. Its population is mostly descended from British immigrants and is mostly English speaking. The country is well governed with little or no corruption and its educational standards are as good as or better than the USA, Canada, and Great Britain. This is a business friendly country known for its innovative spirit. Of our three profitable offshore opportunities we put the New Zealand Offshore Financial Company (NZOFC) at the top of the list. This type of company is not governed by New Zealand banking law nor regulated by the Federal Reserve Bank of New Zealand. There are no capital reserve requirements in setting up an NZOFC. The law in New Zealand is quite specific in that an NZOFC cannot be called a bank or intimated to be a bank. However, such a company can take deposits from anywhere in the world outside of New Zealand. It can pay interests, make loans, market investments, manage trusts, and provide virtually all services that a bank might offer. Anyone from any country is free to apply for a license to operate an NZOFC. A Profitable Foreign Exchange Opportunity So, the Chinese are trading the Yuan versus the Malaysian Ringgit. The Euro is periodically in free fall as Greece and the other PIIGS reveal more sovereign debt. A flight to quality sends folks out buying Yen, US dollars, and Swiss francs. So, how do you trade foreign exchange in this hectic and uncertain world of international finance? There is certainly money to be made in Forex trading. There is, however, steady money to be made in running a Forex brokerage offshore. There are a number of jurisdictions still where it is possible to obtain a Forex license. Because of the variable degrees of infrastructure development, business friendliness, and political stability in some offshore jurisdictions it is wise to consult someone with experience to help choose a jurisdiction, obtain licensure, and initiate operations. There are a number good places from which to do business, depending up individual preference. There are also a few disadvantageous jurisdictions to be avoided. Starting out with good advice in this arena is wise. The point of setting of a Forex company is that the fees and commissions are steady income. While trading can be profitable it can also be a drain on capital. This is the old argument about selling picks and shovels when everyone else is prospecting for gold. Handling Offshore Opportunity in the Most Advantageous Manner The third offshore opportunity we mention is the Panama Private Interest Foundation. This is not directly a business opportunity but it can be a "holder" of businesses, bank accounts, and assets such as art work, yachts, airplanes, jewelry, and more. A Panama Private Interest Foundation has no owner. It does have beneficiaries. Such an entity is often used in place of a trust to pass on inheritance with minimal tax consequences. The foundation is set up in such a way and with instructions so that beneficiaries change when the first beneficiary dies. Especially for those with concerns about asset privacy and security this type of foundation will allow for individuals to benefit from assets, businesses, and bank accounts without having their personal names or other details in any public registry. A common use of a Panama Private Interest Foundation is in an integrated offshore asset protection solution containing offshore businesses, bank accounts, and other assets. Typically the foundation is the lynch pin in this solution as the holder of assets for the use and benefit of designated persons, the beneficiaries. These three profitable offshore opportunities are available to anyone interested in pursuing them. It only takes an email or phone call to an experienced individual or company to get the ball roll
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4 Aktivis Yang Banyak Berjasa Pada Rakyat Berbanding Ahli Politik Yang Hanya Muncul 5 Tahun Sekali















How to Grow a Small Trading Account Successfully Before we jump into the details, we need to first look at your mindset, your expectations and what is achievable. We all know that you're not going to make a million dollars in 6 weeks, so we need to align your goals and your expectations. You wouldn't learn to be a doctor in 2 days, similarly you won't learn to trade in 2 days. Let's assume you've got a trading account of $3000 or less. The first step is to understand that the reason you are not making money trading is not down to the size of your account. If you can grow a small trading account, you can grow a large trading account, and vice versa. The simple truth is that when trading a smaller trading account you are typically more desperate to grow it faster. You need to control your emotions, control your desire to grow the account at an exponential rate and understand what is achievable. You cannot allow desperation, or a 'need' to make money to creep in or you will simply blow up your account, through trying harder and risking more until there is nothing left. Look at the percentage growth, not the monetary growth. Focus on trading the markets, on making % growth, not on the money you're making to begin with. As an example, if you've got a $3000 trading account and you're consistently producing $300 a month, that represents a 10% growth on account, and will triple your trading account every year. That is huge % growth, even though the money seems small to begin with. We all understand that trading is a marathon, not a sprint, so expect to be actively trading for at least 3-5 years. I always start off targeting people at 3-6% growth per month, and increasing that % as their ability improves. If we take 6% growth per month, this will double your account every year. Which granted, on a $3,000 account, is only $3,000 profit, but your account will grow from $3,000 to $6,000, to $12,000, to $24,000, to $48,000 to $96,000, to $192,000, to $384,000, to $768,000 to $1,536,000. You are putting in the same amount of work at the end, as you were at the beginning, but as the account grows, the financial return from the account grows and grows and grows. Treat a small account like its 100 times greater than it actually is. Improve your discipline by imagining your account is 100 times greater than it is, or by imagining you are risking all of your account per trade. DO NOT actually do it, but think how your discipline and quality of trades would improve if you had to put all of your account on each trade. The importance of this exercise is not in aggressive risk, but in improving discipline. Remember that growing a trading account successfully is based on taking as many winning profitable trades, with each winner making as much as possible, while losing few trades and losing as little as possible on each loser. In essence taking as many steps forwards, while taking as few steps back. The importance here is on taking as few losers as possible and making them as small as possible. Keep the drawdowns small, and the big winners will take care of the rest. A consistent track record, is worth far more than you could possibly imagine Traders that start with small accounts, should seek to achieve a consistent track record. A consistent track record can really take you places. If you're doubling your money every year, isn't it feasible that you could do that for others too? Think of everyone you know that has the finances to put a minimum of $2000 in a trading account and forget about it for a few years. Parents, grandparents, angel investors, even friends. Once you've got yourself a solid year track record, start showing people. You're going to have a lot of interested parties, as I don't know anywhere else you can get 100%+ returns each year, and I'm pretty sure they don't know that many places either. If you are able to offer that service you'd be amazed at how many people suddenly find a few thousand to put into an account. Of course, you can never guarantee future performance, but one of the best ways to grow an account successfully is to accept funds from other investors and trade it for them in something called a PAMM account. You are then able to charge a % of profit, so as an example, you could charge 20% of the profits each month, or each quarter. Your money is in your trading account, their money is in their trading account, but you can trade them both at the same time. Once you're a consistent trader, this is a great way to grow your trading account even faster as you can put the profits straight into your account. Please do not do this until you are consistently profitable for at least 1 year on your own money. Create a Trading Plan, with proven Trading Strategies, understand how they work, and stick to them. One of the biggest differences between those who make money trading, and those who try, is a trading plan. A trading plan will give you a solid foundation. Successful traders treat trading as a business, as a result they have a trading plan. A trading plan should include; - What strategies you use - Which currencies you trade - What timeframes you trade - When in the day you will trade and how long for - Stop loss management - Trade targeting and so on Don't just do this in your head, write it down, it's far more effective. You should have proven trading strategies that you can use to make money from the Forex markets again and again and again. Cut your losers short, let your winners run, and follow your trading strategy at all times. Chopping and changing strategies and digressing from your trading plan is a sure way to take more losers than necessary, which will massively impact your account growth. Following your plan gives you routine, and a structure to follow, and a far greater chance of growing a small trading account successfully. What to do now? I cannot force you to manage your money safely, master proven trading strategies, or remain disciplined long term, but if you are committed then you will need to dig deep to master these important factors and create a structured trading plan and routine to tackle the markets head on. Remember, learn to trade in a consistent manner, consistent actions generate consistent results. If you want it badly enough, you can succeed at anything. Ask yourself 'how much do I want to be a successful Forex trader'? and make the necessary changes to take your trading to the next level.




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