Many of our readers and friends are making a quiet and comfortable living through online trading…some more quietly and more comfortably than others.
In this new series of “How-To” Guides we will teach you the techniques of the most successful people we know.
from Adam Richardson
Whether you want to be an active day trader or simply maintain full control of your passive investments in a private, offshore and tax-free environment, there are good solutions out there which will meet your needs.
Unquestionably, the best way to benefit from offshore trading is to be offshore yourself. To disappear effectively from the records of your home country’s government, buy or rent a desirable home in a country with lower living costs, hook up to the internet and an online trading account, and there you have it!
Action Point: Q Wealth Members have access to the full 2014 Second Citizenship Report…a vital guide to “offshoring” yourself.
If your circumstances don’t allow you to ‘disappear’ just yet, there are still ways you can send your wealth offshore and let it accumulate tax-free.
Step 1:
The first and most basic step is to form an offshore company through which to operate.
That way, you don’t have to do any offshore business in your own name.
While it’s true that there maybe some tax advantages in using offshore companies as owners of broker trading accounts, the instant benefit we are after here is access to the many opportunities that can be closed to an individual or citizens of some countries.
For an idea of what can be achieved through an offshore company see our article “How To Rescue Your Retirement”
Another benefit is that brokers typically treat institutional accounts with more attention and respect. In a way, it means that the trader “graduated” from a personal, retail account to the next level – owning a trading company.
You don’t need anything particularly sophisticated here – just an offshore company from a respectable jurisdiction which can be incorporated for under $2000.
Depending on your personal circumstances and goals, there are various ‘optional extras’ which may or may not be useful, and can be used to increase levels of privacy.
Premium Q Wealth Members can request an email consultation immediately to begin forming a personalized strategy.
Step 2:
First, it prevents the authorities, or anyone else for that matter, in the country where you are physically located from monitoring your internet connection and snooping on your online activity.
Secondly, it prevents your bank/broker from tracking your physical location via IP address – after all, I can see no legitimate reason why your bank needs to track where you are at any given time.
You’ve nothing to hide, but then you’ve nothing to shout about either.
There’s a third advantage to using a proxy server too – your online account can be secured by limiting access to just one fixed IP address, which can be that of your proxy.
This is the kind of security banks use between themselves, but is impractical for most home users because you are allocated a different IP address each time you log on. So the proxy adds to your online security.
Take Action: First, here is a very good free guide to Online Privacy
Next, get a free trial subscription HERE to our favorite online privacy provider Cryptohippie. See what it’s like to be powerfully protected at no risk.