Stash Money Safely In A Swiss Bank Account

When they treat us like we're stupid as if we don't know what's best for us, that's when they lose the most respect. Presidents often find themselves in hot water when they say something that doesn't go over very well. Then, they try to explain it as if what they said was not what they meant. Don't treat me like I'm stupid! I know what you said. I heard it with my own two ears and the brain in the middle is perfectly capable of figuring out what you meant on its own.I clicked on a website gloating that it had a program that would eliminate your mortgage in under a year. Wow! A 30-year home loan eliminated in one year. Sounds great; you're in, right? Not so fast. When I subscribed to a mailer to get more information, I received a very cryptic message that said the program was currently put on hold because the US patriot act makes it impossible to proceed with the necessary offshore banking transactions, which were necessary to make the process a success. Now, I'm not sure what all this means, but I do know I don't want someone sending my mortgage payments to some http://www.plurk.com/m/u/edrabankos - applicable structure which any body should explore - . This sounds like something straight from a John Grisham novel.offshore banking is when an individual opens a bank account in a country where there is low or no tax at all. Your saving and earning are protected and will not be eaten up by tax that you have to pay. This is very advantageous especially if you want to save money. Yes, it is legal in most countries so you can consider this option.Another way to protect your cash is to diversify your holdings into other currencies - not just dollars or your existing "home" currency. Many banks, particularly offshore banks, offer multi-currency accounts where you can hedge against the depreciation of your own currency by holding deposits in other, stronger, currencies. If you're concerned about the falling value of your home currency as compared with a stronger national currency, then it makes sense to hold some of your cash in that other currency.No matter where you live, you can manage your funds in any currency. You just have to make sure that you check which currencies are accepted in the bank. This saves the hassle of having to convert the currency of the money which you are currently using. At least the value of your money is protected.offshore banking, program allows investigators, offshore debit cards