www.smartdivas.com

If you would like to keep your banking offshore for the tax benefits, Panama is the “new” Switzerland, and there are many ways to move your funds offshore, and indeed “hide” assets, including shares and property.  I’m personally interested in opening up an offshore savings account.. I’d love to squirrel away a bit of money that nobody knows about.  I think everyone should have some assets up their sleeve just in case!  But how to start?  Apparently Panama banks don’t like hearing from non-Panama nationals about opening bank accounts - it’s much better to go through a law firm.  Once such law firm is www.panamalaw.org which is packed with great information for starting up international Panama accounts.

They mention that some of the Panama banks have interest rates of seven percent, which is great considering the tax free aspect of this interest!  It is certainly better than what we would get back home!

I’m just thinking of putting some of the funds I earn from blogging into a Panama bank account.  With that great rate of interest and no tax, it could build into quite a good nest egg in a short period of time.  Panama has no taxation for offshore derived income, and Panama also has no capital gains which is great if you like trading the stock exchange, and of course means your bank interest is not taxed either. Panama has no probate, no inheritance, and no estate taxes, so all that you make is yours to keep.

Like the idea?  Check out all of the information you need to know about opening a panama bank account at Panama Legal.

Publicly owned companies must report earnings per share (EPS) below the net income line in their income statements. This is mandated by generally accepted accounting practices (GAAP). The EPS gives investors a means of determining the amount the business earned on its stock share investments. In other words, EPS tells investors how much net income the business earned for each stock share they own. It’s calculated by dividing net income by the total number of capital stock share. It’s important to the stockholders who want the net income of the business to be communicated to them on a per share basis so they can compare it with the market price of their shares.

Private businesses don’t have to report EPS because stockholders focus more on the business’s total net income.

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In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business. One of the more complicated accounting items are the accounts receivable. As a hypothetical situation, imagine a business that offers all its customers a 30-day credit period, which is fairly common in transactions between businesses, (not transactions between a business and individual consumers).

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Some time ago, I lost alot (and I mean alot) of money on the stock exchange.  Stupid.. really, when there are so many great resources out there to teach you how to do it properly.

What I really lacked was a trading system - something with parameters and guidelines to help me stay on track, to know when to get in, and more importantly, to know when to get out. 

Today I came across the course I should have taken before taking the leap with my hard earned cash!  The site is http://www.tradingconceptsinc.com/ and the course is called the emini trading course. 

The most important thing to look for in any trading system is its ability to ride the ups and downs of the market in any trading conditions.  You really want a trading system that stands the test of time.  Unfortunately, many trading systems that you can get your hands on online will work when the market is going up (this is also when most people want to establish a system) but these often fail when the market turns bearish and is no longer as boyant as when the systems were first put together.

The thing that I really like about the emini trading course and their system is that it has been around thirteen years!  This is extraordinary.. and speaks volumes about the systems ability to weather the storm and make profits under all trading conditions.

I’m also going to sign up for the free emini trading demo course.. I really do like the idea of try-before-you-buy!  The site itself is informative and well laid out, no nonsense and definitely worth a look.