Offshore Banking – Fiction Vs Fact

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FICTION: Offshore banking can’t be that good because they can’t really pay the high interest rates they offer. If they could really pay those rates then U.S. banks would try to be competitive and have the same interest rates.

FACT: Examine closely the financial statements of any U.S. Bank. You will see that their “gross” profits against customer deposits can range from 25% to 40% — but — they have laws written in stone to limit the interest amount they can pay customers on their deposits. The U.S. banks place their earnings into unnecessary frills and non-productive expenditures like fancy buildings etc., while offshore banking facilities don’t do this and share their profits with their customers.

FICTION: Offshore banking isn’t regulated, so you are at risk of losing all money deposited with them.

FACT: The truth is that every country in the free world has regulations, rules and laws governing financial institutions and banks. Those regulations, rules, and laws, however, are much less restrictive than the “protectionist” U.S. banking regulations, rules, and laws and allow the offshore banking industry better opportunity to earn much greater profits for their investors and depositors.

FICTION: Offshore banking facilities are not insured by the F.D.I.C.

FACT: Some of the banks are but not that many. If they are, they must comply with the same protectionist banking regulations and rules as all the other F.D.I.C. insured banks. But, the majority of offshore banking facilities are insured; one way or another.

Depositor insurance programs similar to the F.D.I.C. program have been established in some countries, so that the banks in those countries have their deposits insured. Independent insurance companies insure the deposits of offshore banking facilities in other countries AND unlike the F.D.I.C., insure 100% of the banks deposits; not just those under $100,000. (By the way, some of the banks in the U.S. insure their deposits with independent insurance companies and many banks in the U.S. are not F.D.I.C. insured)

Offshore banking is “self-insured” for the most part which means those banks have a liquidity factor equal to 100% (or more) of the deposits on the books. Those banks have $1 (or more) in liquid assets for every $1 held on deposit. Therefore, there is no bank run because they can cover any depositor demand.

Self-insured offshore banking is actually more secure than F.D.I.C. insured U.S. banking. Why? Because the F.D.I.C. insured U.S. banks are permitted to maintain a liquidity factor equivalent to approximately 10 percent of their public deposits. (Is it any wonder why more U.S. banks fail each year than in any other country?)

Which kind of bank would you feel more safe having your money in? An offshore banking institution which as one dollar in cash for every dollar on deposit, or a U.S. bank which as ten cents in cash for every dollar that shows up on the deposit statement they give their clients?

FICTION: Offshore banking isn’t as big or strong as U.S. banking.

FACT: Of the strongest and largest big banks in the world (in assets), one bank ONLY is located in the United States:

Here are the safest offshore banks in the world, according to a ranking done in 2007 after examining their total assets in US dollars. This ranking is compiled from balance sheet information included on AllBanks.org

1 UBS AG Switzerland 2 Barclays UK 3 The Royal Bank of Scotland Group UK 4 Deutsche Bank AG Germany 5 BNP Paribas SA France 6 The Bank of Tokyo-Mitsubishi UFJ Ltd Japan 7 ABN AMRO Holding NV Netherlands 8 Societe Generale France 9 Credit Agricole SA France 10 Bank of America NA USA

2008/2009 UPDATE AFTER THE FINANCIAL COLLAPSE OF 2008

Germany’s largest bank, Deutsche Bank AG, reported a fourth quarter loss of about $6.3 billion. A year earlier, the bank posted a profit of about $1.3 billion (1 billion euros), Bloomberg reported.

Royal Bank of Scotland is expected to post losses of as high as £1.7 billion.

Bucking the trend is a bank not even on the list above and that bank is Standard Chartered bank which is expecting to post profits of 1.3 billion pounds. I have a contact who can help you open an account at this bank for your company if you desire to do so. The account would be in Hong Kong.

Another bank I know about is rated AAA by an independent rating service and if you are not from the U.S. or if you are from the U.S. and have a foreign LLC or IBC to open the account with then you can deposit $15,000 and get involved in their borrow low and deposit high program which has earned depositors as much as 100% per year on their deposit. It is easy to open an account there.

FICTION: Offshore banking must not be very good, or more facilities would advertise their services in newspapers and magazines in the U.S.

FACT: Offshore banking in general is restricted by law from advertising in magazines, newspapers, radio and on T.V. unless they come under the same protectionist rules and regulations that are placed upon U.S. banks. Knowing that, you should be cautious about doing business with any offshore banking facility that publicly advertises in the U.S. media. Because you can be very sure that they have sold-out to the U.S. banking establishment and that establishment will end up selling you out to those who make the rules.

FICTION: Offshore banking is only for the wealthy.

FACT: About 25 years ago, that may have been true. But I know of about three offshore banking facilities that will allow you to open an account for as little as $500. One of these is in the Asia, another in Europe, and another in Latin America.

FICTION: Opening an account at an offshore banking facility is too difficult, and it is very difficult to get a withdrawal when you need it.

FACT: Opening an account at an offshore banking facility is easy because you just follow the instructions they give to you. Getting your money out only requires a request that you fax or email with an attachment included.

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The Good Thing About Postpartum Ayurvedic Medicine

There nothing as great as being a new mother. The period after birth is known as the postpartum period. When you give birth, you will be happy because you have given life. Those around you will also be happy. This is also a hard time for a mother because they go through many changes. The changes are both mental and physical. Your body will start adjusting as you change from being pregnant to being normal. There will also be hormonal imbalance as your body eliminates pregnancy hormones and produces new mother hormones which are necessary for milk production. This can cause you to have mental issues like easy irritation, mood swings, among other things. As a new mother, you will also worry for your child and will only want what is best for them. You will have to worry for your child health and well-being as well.

The other area of concern in the postpartum period is the health of the mother. The mother has to be monitored for any bleeding and other complications. The intensity of medical attention may be different for mothers who have given birth normally and those who have given birth through caesarian section. Those that have gone through caesarian surgery will be given more attention to avoid any complications that may arise. It is also vital that the mother nutrition is checked. For better health, a new mother should eat nutritious food. A new mother can also be taken care of using postpartum Ayurvedic medicine. Below are vital aspects of postpartum Ayurvedic medication.

Postpartum Ayurvedic medication is vital when it comes to feeding your baby. Your baby has to be fed so that they can grow up healthy. Lactation milk is the main source of food for the baby. A mother’s milk contains all the vital nutrients required for the growth of your child. If your child does not get enough lactation milk, they will grow up weak. Their immune system will also be weak and they will be vulnerable to being attacked by various ailments. It is, therefore, vital that your child gets enough lactation milk. However, sometimes a mother may not be able to produce enough lactation milk. One of the ways to improve the quality and quantity of lactation milk is by eating healthy. The other vital way to ensure there is enough milk production, you have to take Ayurvedic postpartum medicine.

One of the best Ayurvedic medicines is the nulacto granules. These medicines are helpful to mothers that gave birth through caesarian section. Nulacto granules will assist if you have lactation problems. They are also vital because they can ease the back pain a mother feels after giving birth. This drug is made from herbal ingredients. The drug does not have any negative side effects that can affect the mother or the new born baby. When taking this Ayurvedic medicine, the dosage is not same for all mothers because the severity of lactation problems is different for different mothers. It is vital that you confirm from an Ayurvedic medication specialist so that they recommend the right dosage.

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Gains of Selling Your Inheritance Property to Professional Cash Buyers

There are chances that your uncle or your parents gave you an old house that you might not want. In such instances, you will feel that you should sell the property within the shortest time possible so that you can get money out of it. Trading an inherited property can be a complicated task more so when you handle the process yourself. Working with the real estate agents might not be a solution since they will demand that you give them some commissions if they help you in selling the property. The perfect choice is selling the inheritance property for cash to investors since it is stress-free, and you will not pay them any money. The article discusses the gains of selling your inheritance property to professional cash buyers.

The period you will require before selling the inherited house should guide you when deciding the best option. The real estate agents will have to list the property so that the potential buyers can scrutinize them. It means you might require an extended duration before you can get money into your bank when you work with the brokers during the sale of the property. The perfect inherited property buyers are the real estate investors since they can complete the process within one week. The professionals have ready cash for the purchase of the house, which means that you will get the money to do other things.

Selling inherited property is not a small task because of the tons of paperwork that you might have to handle. For instance, you will have to prove that you are the rightful heir of the property before you get the chance to sell it to anyone else. Dealing with such a complicated process alone can be quite cumbersome since you lack knowledge in the field. The best thing is selling the inheritance property to professional cash buyers since they will deal with everything on your behalf. It indicates that you will have the peace of mind you require when you work with a real estate investor.

Remember that your relative might have neglected the repairs on the house for an extended duration. Making the necessary renovations to the inheritance property on sale is something that will cost you a lot of money and time. Real estate investors will not care about the situation of the inheritance property on sale when acquiring it from you. You can be sure that you will not have to deal with the challenges that come with home repairs when you trade it with the home buying firms.

Finally, you should not forget that a real estate broker will ask for commissions if they help you during the sale of the inheritance property. There is no doubt you will not want such a thing because it will deny you the chance to get all the money you desire. The best choice is selling the property to investors because they do not ask you to pay them for the services they will provide.

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Things To Help You Choose The Right Wedding Venues And Reception

Booking a good wedding venue can be a nightmare and people are highly encouraged to make sure that they choose the best one. For most people who are planning a wedding once they find a good wedding venue and reception they usually get some sense of relieve. The reason for this is because this is usually the most complicated part of planning a wedding, but the best thing is that it can be achieved. One thing that individuals are advised on is to really make sure that the services they choose are the best. This process is not usually the best, but there are some few tricks that people can use in order to be very successful with the results and this is great.

One very essential factor for people to really make sure of is the cost for the venue, the reason for this is because individuals are always working on a budget and they really need to make sure that they don’t go over. Another thing that people really need to check on is that they are paying for something that is worth paying for. A wedding is usually a very memorable experience which is why individuals really need to be sure that they are dealing with the best. A very important thing to remember when looking for a wedding venue and reception is how you envision the day to be like as this will be very important.

Very many people want the wedding venue they choose to compliment them as individuals and also go well with the theme of theme of the wedding. When one knows what they really want the wedding to look like in terms of color and all other important aspects, this will be a very good way of helping then be sure of their selection. Another good thing that will give you the confidence you need with a site is to visit the place, this will really help you see a clear view of what you are getting versus what you want.

Another thing that people need to make sure of is that they know of all the rules regarding the place, this will be a very good way that will really help you choose something that really works well for your needs. Wedding venues should be able to provide all kinds of services like catering and even entertainment, getting one that does all that at a great cost will be a bonus. People also need to compare different venues as that will help them be able to choose the best one among the many.

Communication is very important when looking for wedding venues, individuals really need to be sure that they are all on one page. This is because the marriage planning is usually not for one person and people are advised to really make sure that everyone is okay with everything. People need to make sure that there is no religious conflict with the wedding venue and reception they get.

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