| One
powerful investment tactic I learned many years ago contradicts
most financial planning thought. Many financial planners
put safety
with pensions before high growth potential. My strategy always puts
my high growth, high risk investments into my defined benefit pension
instead.
If I have some personal money and pension money to invest, I’ll put my
personal money into the safe side of my portfolio, staid, low yield
bonds that attract the least tax tax. Then I put my potential big
whoppers in the pension.
If I lose in the pension I am allowed to place additional tax
deductible funds in to make up the loss. In short the federal
government subsidizes my loss! Whenever else does this happen?
If I win big, the gain is tax deferred. I get to roll over all the
profits and keep investing. Nice.
Eventually that tax man is going to get his cut when I draw the money
out of the pension. But that’s another story for another time. The
story for now is that I get to reinvest my profits tax free.
IRAs
do not offer quite as good a deal, but it still makes sense
to lock your big potential profits into an IRA. So Jyske Bank with its
high growth Jyske Invest mutual funds has been looking
for ways to
serve IRA accounts.
However the bank needed a registered investment adviser to be"middleman" and this was actually quite a hurdle. Most IRA managers
do
not want or know how to invest abroad. Now thankfully Jyske has found a solution. They have a US registered
sub adviser who can invest IRAs at Jyske Bank.
This provides investors a way to invest IRA funds into investments
such as Jyske Invest’s Danish Equity Fund (up 43% in 2005), The JI
German Equity Fund (up 27% in 2005), JI Japanese Equity Fund (up 42%
in 2005), JI Far East Equity Fund (up 25% in 2005), and JI Indian
Equity Fund (up 61% in 2005).
For full details contact Thomas Fischer at FISCHER@jyskebank.dk
And have good tax deferred international investments!
Gary
P.S. Join Merri, Thomas Fischer of Jyske Bank and me to review how to
invest IRAs abroad and learn which markets and currencies may be
strong in the year ahead. DETAILS
P.P.S. Focus on Import-Export with Merri and me and tour Ecuador on
our Import Export Expedition.
At both courses we’ll visit our new home in Caotacachi. Here is a
picture of our courtyard where you are invited for tea! |
