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How to Choose the Best Place to Store Your Gold
By David J Drummond Gold is one of the first precious metals known and coveted worldwide. With its natural beauty and rarity, it has become a symbol of wealth in nearly every culture. So, it’s not surprising that it was used for currency as early as 600 B.C. And unlike paper currency that varies in…
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What is a Self-Directed IRA (SDIRA)?
By David J Drummond 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…
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Offshore Banking – Some Basics
Two Banking Systems Over many year of working with clients from around the world, that the process of acquiring an international offshore bank account can be both alluring and intimidating at the same time. In fact, the processing of opening a personal bank account, or even more cumbersome a corporate account, can often by a…
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How to Benefit From a Self-Directed IRA
By David J Drummond Since the creation of the IRA in 1974, countless Americans have taken advantage of this investment vehicle. Although a traditional IRA certainly has some advantages, including a significant tax break while saving for retirement, there are also some drawbacks. As a result, many individuals are eager to turn to a slightly…
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Creating a Strategy for Your SDIRA LLC
By David J Drummond For many individuals, an IRA is one of the biggest sources of available capital. However, using a traditional IRA custodian limits your investment options and prevents you from making non-standard investments. Fortunately, there is an alternative: the SDIRA Limited Liability Company, or LLC. This asset protection structure allows you to capitalize…
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The Growing Demand for Teak
By David J Drummond Demand for teak is on the rise, which is great news for timber investors. It’s a unique opportunity not just because teak is a natural resource, but because it has a steady history of demand and the potential for creating generational wealth. Teak has in fact been a valued resource for…
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International Asset Protection
Asset protection is typically believed to be “reserved” for only the ultra wealthy. Nothing could be further from the truth. Asset protection, and specifically, international asset protection, can be utilized by all and, is truly mandatory, for some.
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