Monday , 3 October 2022

Finance

Just Widowed or Divorced? Here’s How to Protect Your Finances

Losing a spouse through death or divorce can be emotionally devastating and is often a difficult time in which to make important life decisions yet it’s typically when many financial matters require your immediate attention. Here are six important action steps that can help protect your personal finances.

Read More »

New BRICS Bank To Give IMF & World Bank Much Needed Competition

After two years of dogged wrangling, mainly to block China's ambitions for control, the new BRICS bank was announced as a reality at the sixth BRICS summit held in Brazil with the five BRICS leaders announcing that the new bank has been capitalized with $50 billion, with equal contributions from all five. While all this is a fairly small step, it remains a highly significant one.

Read More »

How Best To Protect Your Wealth From Desperate Governments & Collapsing Economies (+2K Views)

Many governments of the world are now hopelessly in debt and on the verge of economic collapse. As their leaders become more desperate, they will resort to more desperate measures. In the next few years, we shall see the leaders of the most "respected" countries throw out the rule book and resort to a final grab of their citizens' wealth. This article identifies which assets would be the best to own under such circumstances, where they should be held, and why.]

Read More »

The West – Like Argentina – is Bankrupt! Here’s How to Protect Yourself

The warning signs are all there. The objective data tells us that most of the West is bankrupt in the same way that the objective data tells us that Argentina is bankrupt. Most of the West has borrowed far more than they’re credibly able to pay back; the U.S., France, Spain, etc. all have to borrow money just to pay interest on the money they’ve already borrowed. In light of this data, it’s imperative to make sure that you prepare. This article explains the situation further and outlines how you should go about making preparations to protect yourself.

Read More »

Introduction Of Chinese SWIFT System Would Cause Swift Decline of USD As World’s Reserve Currency – Here’s Why (+2K Views)

The U.S. holds great power over international monetary transactions via the SWIFT network system given the USD's world reserve currency status...It is entirely possible, however, that China and its closest partners might someday implement their own SWIFT system...The world's players could then choose between the two and, given the resentment that exists worldwide toward the U.S. for the bullying of FATCA, many would likely align with China in their SWIFT system. In doing so it would eliminate their need to comply with FATCA and other draconian U.S. demands [which might well bring about a swift] end to the U.S. dollar as the world's default currency.

Read More »

Should You Replace Your Financial Advisor With A “Robo” Advisor? Here Are the Pros & Cons (+2K Views)

In the last few years a new “advisor” has entered the fray – the robo advisor, now being called “automated investment services”. Automated investment services are platforms that automate your investment portfolio and try to help you reduce fees, increase efficiencies and streamline your process through a simple computerized interface. Here's a look at 4 primary benefits and 4 potential problems to help you decide if such a service is for you.

Read More »