Why is Grandpa the go-to-guy? Read here to find out...

IS LEGAL FINANCIAL PRIVACY STILL POSSIBLE?

by PT admin on 23/04/2016 with No Comments

But all countries won’t necessarily follow the lead of the G20, EU or USA if they can gain revenue and productive new citizens by making their own rules favorable to wealthy interests. Liechtenstein, Delaware, Nevada, Monaco, Bermuda, Bahamas, Uruguay, and Panama are just a few of the jurisdictions that try to find & satisfy the needs of prospective clientresidents. It may be necessary for individuals to take both themselves and their assets out of their present jurisdiction to preserve their freedom, privacy and wealth. That is what the book Bye Bye Big Brother is all about.… Read More

Lesson in Family Wealth Creation & Preservation

by PT admin on 11/02/2015 with No Comments

Moral of the story to me is that rich can be terminated very quickly. The wealth of this family came from agricultural exports. When they stopped, their income stopped. I suppose international diversification, a lower level lifestyle & and a few million Gold coins socked away in Switzerland might have staved off the end of this family’s prosperity…… Read More

Home Buying: CONDO / GATED COMMUNITY OR PRIVATE HOUSE / ESTATE?

by PT admin on 04/02/2015 with 1 Comment

Here is one place where subjective considerations may be more important than economic. In other words: Are you old and rich enough to pay a premium for no hassle convenience– or would you rather work a little and make some serious money?… Read More

WHY YOUR OWN BUSINESS, NEVER “PASSIVE INVESTING” CAN MAKE YOU & YOUR DESCENDANTS RICH

by PT admin on 28/01/2015 with No Comments

Very few individuals can be successful entrepreneurs – and they are the only ones who make serious fortunes. Those who never started out hungry &/or those who had their assets handed to them are generally consumers of wealth and not wealth builders. It remains to be seen if the newest fadfor the wealthy – -”The Family Office” will make any difference in preserving fortunes through the generations. My guess is that it won’t. Why?… Read More

How to Avoid Crooks & Idiots !!!

by PT admin on 17/01/2015 with No Comments

Your Good Name is even more important than your customer list! “Never, ever give up complete, 100% control of your brand,” Not your name, not your book or seminar titles, not your logo, not your likeness. Not even any original philosophy like in my own case “PT” or “Six Flags.”None of it, because it s all you have.… Read More

Can I Travel on a World Service Authority Passport?

by PT admin on 14/01/2015 with No Comments

Grandpa at one time purchased a handsome, deluxe $300 model WSA leather bound passport and found it absolutely worthless for travel. But it had one redeeming use: In sleazy 3 overnight in an unattended open hotel reception desk pigeon hole where it could be stolen with ease.… Read More

BLEAK FUTURE FOR SECOND PASSPORT HOLDERS? V-5

by PT admin on 25/12/2014 with No Comments

The bottom line as we see it: Any American or other Big Brother subject, living the PT life and/or traveling the world on a 3rd World passport like that of Belize or Honduras can now be stopped and arrested anywhere. If he does not fit the profile & live permanently in the country of the passport he carries, his goose may be cooked.… Read More

ITALIAN CITIZENSHIP IN A NUTSHELL

by PT admin on 09/12/2014 with No Comments

What Frank Abigail tells the reader on this matter is still true and his experience with the Italian Authorities in charge to verify his proceedings are a recommended reading. But I would not advise to follow his example and have the answers to the Police suggested by Your lawyer. Not all policemen are bored or in haste or willing to close two eyes on Your language skills and the discovery that You don’t really understand what You are told could lead You into trouble.… Read More

Canceling Automatic Withdrawals

by PT admin on 14/10/2014 with No Comments

We have all been in that same place. We want to get out of a bad deal or to stop previously authorized automatic monthly withdrawals from our bank account –or charges to our credit card. The counter-party either doesn’t respond, or tries endlessly to talk you out of canceling. … Read More

How to Get Rich & Stay Rich

by PT admin on 09/10/2014 with No Comments

I probably had a big advantage over Mark Ford. Ambition. I was the poorest scholarship kid in a rich kid’s prep school. For that reason and others, at an early age, I wanted to become very very rich. At 14, I set myself the goal that I would have $30,000,000 by the time I was 30.… Read More

IS THERE ANOTHER WAY (besides Renunciation of USA Citizenship)?

by PT admin on 09/10/2014 with No Comments

Renouncing your citizenship is one legal way to free yourself from the global U.S. tax net. But if you have unrealized capital gains, it may be quite expensive because you are expected to pay a capital gains “exit tax” as of the day you expatriate.… Read More

Why Swiss Banks are no longer 1st choice

by PT admin on 04/10/2014 with No Comments

Under heavy pressure from international regulators after the global financial crisis, Switzerland has agreed to phase out its long tradition of banking secrecy. As Switzerland’s long-cherished banking secrecy practices evaporate, the institutions that helped create the world’s largest offshore tax haven are dramatically rethinking their business models in a bid to survive.… Read More

No inflation?

by PT admin on 04/10/2014 with No Comments

No inflation? — renouncing US citizenship was free of charge until a couple of years ago. Then, overnight, the State Department imposed a $450 fee. Yesterday they increased it once again– to $2,350. That’s a 422% increase. The State Department whined that the costs of processing renunciations had become too high; a government which denies inflation even exists would complain about the consequences of it.… Read More

INFO THE USA GOVERNMENT WILL TAKE & USE AGAINST YOU

by PT admin on 30/09/2014 with No Comments

Maybe there is good reason to be paranoid over what the USA government can see & take from you, even if you are not an “American Person”….Uncle Sam now grabbing all info stored in the cloud– Will they use it against anyone, even foreigners with no USA connections?… Read More

Too Many Opportunities?

by PT admin on 28/09/2014 with No Comments

There are SOOOO many opportunities I see every day. For instance, there was a recentlypublished foto of hundreds, maybe thousands of abandoned motorboats in Lampedusa Harbors & on beaches – Lampedusa is an Italian island off the coast of Africa.… Read More

PREDICTING THE FUTURE & MAKING MONEY

by PT admin on 27/09/2014 with No Comments

Gold dropped in value around 90% in Europe after the new world discoveries by the Spanish. Pearls, once worth much more than diamonds became nearly worthless, dropping in value even more after “cultured pearls” were invented. This was in recent times (Living memory!)… Read More

Invoicing & Banking

by PT admin on 24/07/2014 with No Comments

The biggest disadvantages are that there are credit card charges which is the case of American Express can be as much as 6% of the bill. Plus, procedures to protect the customer may involve giving the customer an immediate refund or charge back, upon request. You may occasionally lose payments if the customer wants to dispute your charges. … Read More

Israel as a PT Destination

by PT admin on 22/02/2014 with No Comments

“Jerusalem is crammed with tourists. Even Latin American Jews jet over these days to Bar/Bat Mitvah their kids before the Wailing Wall. New hotels are sprouting everywhere: a Waldorf Astoria here, a David’s Crown there, a Herod’s Palace beyond, although the venerable old King David still lords it over them all with its marble ‘carpet’ signed by famous guests Presidents Ford and Carter, Kissinger, Chirac, and Maggie Thatcher. The city’s new shopping paradise, The Mamilla Mall, which links the Old City to modern West Jerusalem, boasts the trendiest Fifth Avenue stores–Gap, Nike, Adidas, to say nothing of Apple, Cartier, and H. Stern.… Read More

EVALUATING THE OPTIONS

by PT admin on 21/02/2014 with No Comments

You are faced with a problem. Or you have a goal. There are always many options, or paths. You can always decide “not to decide.” That means: “Do nothing.” Inertia is strong force.

Some problems do get resolved on their own. However, efficient decision makers seldom sit tight and do nothing – ignoring dangers, opportunities or unfolding facts.… Read More

THE WORST POSSIBLE INVESTMENTS !!!

by PT admin on 04/02/2014 with No Comments

In this Grandpa Gem, we will show you why “structured investment products” will almost always be guaranteed losers for you. Let’s start with “traditional annuities,” then go on to “Structured Guaranteed No Loss Deals.” Finally, we will discuss Hedge Funds, Mutual Funds, Discretionary Banker Investment Funds & finally, “new issues.” New Issues are not great either, but may be the least bad of the lot.… Read More