Wednesday, November 19, 2008


 
May 19, 2003 Commentary

I am writing this from the Marriott Hotel in downtown Zurich, Switzerland. A lot has happened since April. The war in Iraq is over, the price for energy has plunged, the dollar is at a four-year low against the euro and the Japanese yen, and the Federal Reserve and media are focusing on the possibility that our nation is about to suffer a bout of deflation.

Let's not forget that earnings have finally started to move higher. They are up about 13%, year-to-date. President Bush's tax plan will probably pass, albeit considerably less than what he wanted. Dividends will benefit from any tax decrease, even if the tax cut is temporary. The economy continues to sluggishly move toward a bullish phase. For the next two to three years, the stock market should move higher.

While I was in Switzerland, I managed to find some very impressive investments. Because of free trade and the tax advantages, the U.S. insurance industry has managed to obtain from Congress the Swiss offer, for qualified investors, a legally tax-free investment.

There are Swiss investments to fit most levels of investors: from $20,000 up to $1,000,000 and above. The perks grow as you invest more money, but you can have a wealth-building Swiss solution for as little as $20,000.

For those with $50,000, the risk to reward moves a bit lower. In fact, as you increase your investment, your odds to profit should grow.

I have been contracted by the Swiss company BFI Consulting to offer these investments. I will cover these investment in more detail in the June issue of Kenneth Coleman's Investment Tracker.

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