The 100 year old investment-banking firm of Warburg, Dillon Read (on Park Ave. N.Y.) (now UBS Warburg) has offices in 39 foreign countries – including the Bahamas, the tiny Cayman Islands, Hong Kong and the Channel Islands. Makes you wonder why, doesn’t it?

Non-resident foreign companies, trusts, banks and individuals can trade stocks, bonds, commodity contracts and options 100% free from U.S. capital gains taxes.

Under the U.S. Tax Code, only when a foreign company, foreign trust or nonresident alien individual takes up permanent residence within the United States will he be subject to U.S. capital gains taxes in the same way as domestic taxpayers. For a corporation permanent residence would be a U.S. office or warehouse. Capital gains realized by foreign corporations and other nonresidents “not engaged in a trade or business within the United States” are exempted from tax under IRC Section 871 and IRC Section 881 & IRC Section 897(c)(3). Moreover, U.S. Treasury Regulations Section 864-2(C)(1) & (2) provides an exception for what embodies being “engaged in a trade or business within the United States”. Under U.S. regulations, a nonresident’s Stock Market transactions carried-out through a U.S. stock broker, independent agent, or an employee are not considered to cause the nonresident to be “engaging in a trade or business within the United States”.

Publicly traded stock market gains (from NYSE, NASDAQ or AMEX listed stocks and bonds) accruing to an offshore company are free of US capital gains taxes by the Internal Revenue Tax Code’s statutes, but “US Shareholders” can have a tax liability (indirectly) if the offshore company is a “Controlled Foreign Corporation (CFC) (i.e., “more than 50% of voting and non-voting stock is owned by US SHAREHOLDERS). See sections 951 thru 958 of the IRC. See especially Code-Section 951(b) for the definition of US SHAREHOLDERS.

American taxpayers that use tax havens are taking more risks (generally) than a foreign non-resident alien (not a US citizen). Whether an American citizen taxpayer will have a tax liability on the offshore company profits depends on a lot of things – including what kind of income is produced by the company (i.e., Subpart F or non-Subpart F) and how many shares in the company you own, and whether the offshore company is a CFC – as defined in the Internal Revenue Code in Sections 957 and section 958.

More on the No-tax haven of Anguilla. Click onto the link below for the details

Did you know there is a way you (yes you) can beat even the savviest, quickest and toughest street fighters in the world…regardless of how much you know about fighting right now?

A way that works even if you’ve never taken one single self defense lesson and even if your attacker has ten plus years of hard fighting experience under his belt?

I know it sounds almost crazy, but it’s absolutely true.

And here’s why:

You can get an immediate advantage over any fighter, in any environment simply by learning the finer points of what is traditionally called ” the fake.”

In fact, the fake is an extremely potent combat “tactic” the savvier street-fighting teachers show their students almost as soon as they sign up for their classes.

Why makes this concept so important?

The answer is simple:

If you can master the art of faking people out in a fight — by faking a punch to the face…but then landing a kick to the knee cap instead, for example — you can beat anyone in a fight. I don’t care who they are or who you are. You can do it if you know what you’re doing.

Frankly, this was one of Bruce Lee’s most treasured fighting “secrets” and has been used by people for centuries to take out bigger, stronger and more skilled fighters.

This is also why the savviest fighters never underestimate any opponent — even if their look small, weak and inexperienced — and why you shouldn’t either.

Sifu Matt Numrich is one of only a few people in the world with Full Certification in Bruce Lee’s Jeet Kune Do and the Filipino Martial Arts. He’s been published in Black Belt Magazine and his students include US Air Marshal instructors, the US Navy, and dozens of local, state, and federal law enforcement agents. For a

The phrase ‘tailor-made’ ought to be made for personal loans. Personal loans have become relatively easy to acquire in UK. More and more loan providers have come forward to provide personal loans in UK and that too with innovative modifications to include anyone in its circumference.

Let us start with the definition of personal loans. Personal loans are loans that are offered by financial institutions for any personal financial reason. The financial institutions offering personal loans in UK include banks, building societies, loan lending companies etc.

Like every other loan, a personal loan needs to be paid back. The time decided for the repayment of the loan is called loan term. The amount taken for a personal loan is decisive about many things in the context of personal loans like repayment terms, interest rates along with repayment term.

chanceforloans.co.uk/secured_personal_loan.html Personal
loans have been broadly categorized into two types – namely secured personal loans and unsecured personal loans. Secured personal loans are those loans which are given against a security which is usually your home or any personal property like your car. The collateral placed is the security against which the personal loan is supplied in UK. This collateral acts as the security which guarantees for the repayment of loan. In case of non repayment the personal loan, the loan lender can seize your property.

Contrary to secured personal loans is unsecured personal loans. Unsecured personal loans in UK are furnished without any collateral being placed. Therefore unsecured personal loans are an ideal choice for tenants in UK. Nevertheless, even homeowners can apply for unsecured personal loans in UK.

If unsecured personal loans are open to everyone then why would one get a secured personal loan? Interestingly there is a hitch? Unsecured personal loans come with their very own drawback. The interest rate on unsecured personal loans is higher than secured personal loans. You place no guarantee and consequently the rate of interest is higher. Thus unsecured personal loans are more expensive that secured personal loans. Coming to interest rate you would like to know about APR. It is a much publicized word but little comprehended. APR is the annual percentage rate. It is interest rate charged on your loan. APR is the interest rate of a mortgage including other costs such as the interest, insurance, and certain closing costs.

The interest rate on personal loans in UK can be taken under the head of variable interest rate and fixed interest rate depending on your convenience. Fixed interest rate on personal loans will remain the same irrespective of the changes in the interest rate in the loan market. You will keep on paying the same interest rate even if the interest rate in the open market drop.

While a variable interest rate keeps on fluctuating. Variable rate personal loans are also called adjustable rate personal loans. Adjustable rate personal loans are beneficial only if you the rate of interest drop. But if they rate of interest rises then your monthly payments will increase way over the payments you would have made. It is a very unpredictable situation.

Personal loans are an ideal option if the money is borrowed for less than ten years or for any purchases or repayment of existing debts. Personal loans are very dependent on your personal situation and temperament. If you are open about your circumstances to your loan lender you are likely get a personal loan in UK in accordance to your needs. Loan in simplest terms is loan borrowing. You take money and repay it on the decided time. There is no simpler way to describe on personal loans.

Amanda Thompson holds a Bachelor’s degree in Commerce from CPIT and has completed her master’s in Business Administration
from IGNOU. She is as cautious about her finances as any person reading this is. She is working as financial consultant for chanceforloans.co.uk chanceforloans.co.uk.

To find a personal loans, bad credit loans, Debt consolidation, home equity loans at cheap rates that best suits your needs, visit chanceforloans.co.uk chanceforloans.co.uk.

Smart people understand the importance of an equally smart financial history. Therefore, they devise efficient plans in order to make their financial records look impressive. One of their strategies include consolidation loans.

If you too want to have a smart financial history, then read on to find how intelligent people use consolidation loans to turn bad credit history or piling debts into a situation well under control.

When you are searching for some solution to repay all your existing debts, the best method is to take a debt consolidation loan. A debt consolidation loan will provide you the money that will help you repay all your piling debts together.

But before you take a consolidation loan, ask yourself the following:

1. What are the debts that you would like to repay with the consolidation loan you take?

2. How much money would you require to repay all the debts?

3. How many debts are you intending to pay back?

4. What is the APR of the consolidation loans you come across?

5. Did you research on different options available with lenders?

6. Did you search and research online debt consolidation loans?

7. Did you get in touch with at least 6-7 lenders?

8. Which consolidation loan plan meets most of your requirements and also gives you maximum benefits?

9. What is the amount that you have to spend monthly in order to repay the loaned money?

10. Is your monthly income sufficient for repayment of the debt consolidating loan?

11. Did you check for the credibility of the lender you have chosen?

Having checked and cross checked your decision in respect to all the above questions, when you are absolutely sure with the decision you are making, just go ahead and get the

Being the author of several books on the martial arts and fighting, I am always looking for books of exceptional quality to add to my library. If I have a book in my library, it’s definitely worth owning. One such book is Joo Bang Lee’s, “The Ancient Martial Art of Hwarang Do; Volume Two.”

This volume, like the other two in the series, starts out with an outstanding section that gives you a detailed look at the history of Hwarang Do and its progression over the centuries from ancient times to the present day. You are then presented with the theory and internal dynamics which make up this very impressive art. The basic principles of training sections were also very good and offered excellent advice that should be implemented during training. The following is a brief overview of each chapter in the book and what it contains.

7. Joint Breaking Techniques:

a. In this section, the author gives 5 detailed examples of joint breaks that target the fingers, wrist, and elbow.

8. Self-Defense Against Grabs:

a. This section if without a doubt one of the best sections in the entire series with detailed examples of over 30 different defenses against various types of grabs ranging from simple wrist grabs and clothing grabs to head locks.

b. Almost all of the defensive moves in this section end up with some sort of joint dislocation or break. Although each of these can be modified to result in a less serious result. These techniques are easy to follow, and if you have a little previous knowledge in joint manipulation, very easy to execute.

9. Self-Defense from Disadvantaged Positions:

a. This section I found to be rather unique as you rarely ever see this particular issue addressed when talking about self-defense and that is defending yourself in any position other than the typical standing position.

b. Demonstrated in this section are 7 defenses that can be used if attacked when lying down.

c. 7 defenses are also shown from a seated position.

d. Now this small section was particularly interesting in the fact that it showed 4 examples for defending yourself while only having the use of one arm. This might come in handy if one of your arms was injured or inoperative for some reason.

10. Self-Defense Against Punches and Kicks:

a. This section although a little brief, demonstrates several different techniques for defending yourself against a variety of punches and kicks. I particularly liked the detailed photographs that are prevalent throughout the entire series of books, not just this section.

One of the things that I particularly liked about this book, and the others in the series, is the fact that there are no “sport” techniques in these books. All of the techniques shown are meant to be used in actual combat and self-defense situations. When you look at the art of Hwarang Do, you could make the comparison that this art form includes not only the strikes and kicks of Tae Kwon Do, but also the throwing and grappling techniques of Judo and the joint techniques of Aikido. Hwarang Do is truly a well-rounded and complete martial art.

This and its two companion volumes were some of the first books that I ever purchased years ago when I was in high school and starting to learn about the martial arts. These books give a very good overview on the art of Hwarang Do and are very informative. If you are interested in this art form, or any of the Korean arts, I would definitely put these books on your too buy list.

Shawn Kovacich has been practicing the martial arts for over 25 years and currently holds the rank of 4th degree (Yodan) black belt in both Karate and Tae Kwon Do. Shawn has also competed in such prestigious full-contact bare knuckle karate competitions as the Shidokan Open and the Sabaki Challenge, among others. In addition to his many accomplishments, Shawn is also a two time world record holder for endurance high kicking as certified by the Guinness Book of World Records. Shawn is the author of the highly acclaimed Achieving Kicking Excellence™ series and can be reached via his web site at: kickingbooks.com kickingbooks.com

To learn more about the author or HwarangDo, please visit this web site at: hwarangdo.com” target=”_blank World Hwarang Do Headquarters

If you have “bad” credit on your name, you certainly need to work on eliminating those problems. A bad credit report makes you ineligible for future loans and grants as well. The faulty financial history is in fact a major culprit for stagnating bad financial situations. Although there are a few companies that deal especially in bad credit loans, but at very high interest rates. And that would be a total fallacy if you chose that avenue, because after some time it would again become too difficult for you to pay back those “debt consolidation loans“. Then, debt collection letters would begin pouring in. So, don’t be fooled by companies offering debt consolidation loans because, at best, they are only temporary or short term relief before the payments become to burdensome to manage.

Now imagine, if you fix bad credit, you would soon be able to get loans for driving your favorite car and to get your home (collateral) back or to buy a new dream home! Additionally, your life would take a suitable turn once again!

So, you want to learn ways to repair bad credit? Let’s discuss them in detail for your benefit.

First things first, for effective bad credit repair, try to make your outstanding payments and bills on time. For it will help you a great deal in building up a better credit score. The better your credit score, the more a creditor’s protection is valued in you. So, always try to pay the bills on time and remember- at least 35 % of credit scores depend on your timely payments.

Timely payments also help you stay away from the extra and unnecessary financial burden of “penalties” charged for late payments. So, begin saving as much as possible and pay the defaults. It might take some months to pay back all the bills and to improve your long bad credit history, but you need to keep working steadily to improve it. The results would certainly be worth it in the future.

You should always avoid excessive credit on your card to avoid bad credit via credit cards. This requires the wise usage of your credit cards. Stick to your 1-2 cards along with 1-2 other debts such as mortgage or car loan. Because more financial pressures than this would only add to your financial misery.

To erase bad credit in your name, you can also consider credit card debt consolidation. Settle the deals for lower amounts at lesser interest rates and just keep working in the right direction of paying back your defaults.

Loren Bailey is the webmaster and content advisor for CreditCardConsolidation.us CreditCardConsolidation.us and other personal finance related web sites.

Some 7th- to 10th-century manuscripts trace the earliest instance of playing cards to China. The earliest authentic references to playing cards in Europe dates back to circa 1377, and the history of English playing cards dates back to mid 15th century.

Per the basic rules of a card game, when a game is played, the players arrange themselves in a circle around a horizontal surface on which the cards will be played. The players face inwards, and are seated so that they cannot see each other’s cards.

A pack of cards is used to play card games. All cards are identical in shape and size, and each card has a two sides; one being the face and another the back. Backs in a pack are indistinguishable and faces may all be unique, depending on the game. In both cases, any card is identifiable by its face. The set of cards is called a pack in British English and deck in U.S. English.

In a number of card games, cards in a pack are grouped in suits. Dealing is done either counterclockwise or clockwise. It is usually assumed that the dealing is clockwise for games from North America, North and West Europe and Russia; counterclockwise for South and East Europe and Asia, also for Swiss games and all Tarot games.

Card games for a solo player are called Solitaire in the U.S and Patience in the U.K.

Some of the popular traditional card games are Bridge, Canasta, Cribbage, Euchre, Hearts, Pinochle, Pitch, Rummy, Solitaire, Spades and Whist.

e-CardGames.com Card Games provides detailed information on Card Games, Online Card Games, Free Card Games, Poker Card Games and more. Card Games is affiliated with mahjong-source.com Mahjong Tiles.

It’s been reported that outstanding credit card debt is standing at about $696 billion dollars. Thanks largely to industry lenders that have extended their numerous offers to people with less than perfect credit or with questionable abilities to repay the charges.

Many credit cards are coming with penalty rates above 30%, even if the individual is late on just one credit card payment. That payment might not have even been owed to that credit card company to trigger the higher rates.

Several months ago, credit card companies raised their minimum payment requirements from an average of 2% to 4%.

There are about 45 million people in the United States without health insurance or that are underinsured. 41% of moderate to middle income adults don’t have adequate health insurance coverage.

Homebuilder sentiment slumped to an 11-year low in May amid rising mortgage rates, declining affordability and the retreat of speculators, the National Association of Home Builders reported.

All three of the index components for the housing market — current sales, sales expectations for the next six months and traffic of prospective buyers — slid in May amid rising mortgage rates.

People who refinanced or purchased a new home 3-5 years ago and went with an adjustable rate, are now going to start feeling the pressure of the new payments that will start to go into effect.

Close to 40% of people polled in USA today said that they have had to cut back on ordinary purchases to keep up with the increase in gas prices.

To top all of this off, according to a study by Harris Interactive for the National Council on Economic Education, two-thirds of adults polled did not have a good understanding of basic economic and personal finance concepts.

Can the American consumer handle a credit card payment based upon 30% interest, or the increase in minimum payment requirements, coupled with additional fuel costs of $200 per month? How about when you add in an additional increase of $250 for your newly adjusted mortgage payment?

Think you can sell your house and pay off your debts? If there is a drastic housing market correction, you may not even be able to sell your house for what you bought it for. Even a 10-15% correction will leave a good amount of the American homeowners under water. It happened in the late 1980’s and all economic indicators are now saying that we are entering into a buyers market.

Credit card debt has quadrupled since 1990. Middle-income Americans that do not have proper or any health insurance is up 28% from 2001. Fuel prices continue to remain high. With global demand, prices in the United States may level off but are not expected to go down. If we have another record hurricane season this year and continue to have instability in the Middle-East (and elsewhere), prices may very well continue to rise.

With just two or three of these patterns colliding with the American family, it will result in the perfect financial storm that many may not be able to weather.

To learn about your financial options and managing you debt, log onto debtreliefoptions.com www.debtreliefoptions.com

Jon Noble
Staff writer
Debt Relief Options
asktheexperts@debtreliefoptions.com

Ever wonder why gang members and tough-guys make fun of karate students? Even Black Belts? After all, don’t they know that these people are highly trained fighting machines capable of breaking bricks and boards with their bare-hands, able to execute flying double kicks, and posses the ability to disarm an attacker armed with any weapon? Don’t they?

Let me tell you a story. This is a true story and shows when and under what conditions gangbangers and street fighters respond to martial artists the way I’ve described…

…and when they don’t.

I was contacted by another instructor to participate in a little charitable fundraiser he was hosting to raise some much-needed money for a local organization. His academy was demonstrating some skills at a local mall and he was inviting other schools to join him in this noble cause. The only problem?

The mall was in a large, inner-city environment, over an hour away.

Not that this was a major problem but, It would clearly not be a promotional activity for my own academy. It would, however, allow my students to see perhaps some of the world in a different light, considering that most of them had been born and raised in the sleepy little semi-rural area that I now call home.

During the festivities, I became aware of some individuals watching the different demonstrations being presented by the various schools. They were clearly wearing the “colors” associated with some well-known gangs and carrying the scars and telltale signs of those who have seen combat – real world, raw, no-second-place, fighting.

I alerted my students to their presence and suggested that they watch the reactions of these individuals during the different performances. I told them not to worry about trouble as it appeared that the gang members were not there to fight or cause trouble as much as they were there to gather information. In short – they were checking out the “martial arts guys” to see if…

1) There was anything they could use, and…

2) They had anything to worry about…

…the mindset of true survivors.

My students were amazed to see how these apparently untrained “street-fighters” were able to see the difference between a good martial arts technique and one that would get you killed. They watched as gang members shook their heads or shouted “oh, please!” In response to what we knew to be techniques made up by an instructor who had never really “been there.” The students also watched as gang members reflexively leaned in and touched their chins with that, “hmmm,” thoughtful, inquisitive look that said, “there’s something here that I should pay attention to.”

The point to the story is that, a black belt may be able fool him or herself – they may be able to fool most of their students, but…

…they will NEVER fool a seasoned combatant. Regardless of whether that fighter was trained in the heat of war, or on the war-like streets of Today’s big cities.

If you really want to know how much more lies beneath the surface when it comes to really mastering this thing called self-defense, you should read the book,

We are currently in earnings season – a time when companies announce their earnings results from the past quarter. These much awaited announcements can cause quite a bit of volatility in the markets, especially when the results are something other than expected. But, as a trader you can learn to capitalize from this volatility and profit from some unique trading opportunities.

Before a company ever announces its earnings, analysts are out there interpreting information and doing their best to predict what that company’s earnings will be. If the actual earnings are much different from the estimated number, we will generally see a gap in the stock. That gap occurs because investors were blindsided by what the actual earnings were and will either sell that stock in droves, (causing a gap down), or buy that stock, (causing a gap up). The direction of the gap will not always make sense. For instance, we will have instances of a company beating their earnings estimates but their report may contain some information that can be interpreted as a slow-down in sales in the future. That slowdown may be the piece that investors focus on and they sell their stock because of that forward-looking guidance. Although the earnings were good the future-looking guidance was bad, so investors may feel it is best to sell their stock. And the larger than usual selling pressure may cause the stock to gap down regardless of the positive earnings. We will also see instances of a reverse situation. Bad earnings accompanied with some good information may, at times, attract enough interest in the stock to cause a gap up. The point is that even if you knew exactly what the earnings would be for a company, it still would be difficult to predict what the investors would focus on and what direction that stock would move. This can make holding a position over an earnings announcement very risky but there are ways to take advantage of all that uncertainty.

When the situation is right, I will create a strangle over an earnings announcement. A strangle is a hedged play in which you purchase an out of the money call option and an out of the money put option on the same stock. The idea is that if the stock gaps big after the earnings announcement, you will lose on one side of the trade but make money on the other side. If the gap is big enough, your profits from the winning position will offset your loss and leave you with a net profit on the trade.

You need to be careful with this because if the stock does not gap far enough, you will end up with two options that are worthless. You need to set this trade up on those stocks that have the potential to gap big after their announcement. Here are the guidelines that I use to help get me in those trades with the highest potential to gap big. The first thing I am looking for is a stock that has an average daily range of $1 to $1.50. This ensures that I am doing this trade on a stock that can move. The second piece is that I prefer to do this on a stock that has recently been in a strong uptrend. It seems that stocks that have really been in favor can create even more excitement around earnings. If the overall news is good, you can see even more buying pressure into that stock causing it to gap up and if the news is bad all those buyers who had been attracted into that stock during the uptrend panic and begin to sell causing a big gap down. Remember, we need to see a big gap in either direction to offset the side of the trade that will go against us.

The more money we spend on our options the more difficult it will be to make money on this trade. We are buying out of the money options on this trade and to keep the cost of the trade down, I prefer to buy as little time as possible. My third criterion is that I do this trade on companies that are announcing the week or two before options expiration. We will only be purchasing a small amount of time in this case and thus increasing our success rate on this trade.

Now that we have narrowed down the group of stocks on which to implement this strategy, let me show you how it works. Let’s take a hypothetical example of XYZ stock that is announcing earnings on the Tuesday evening before October options expiration. The stock has been in a strong uptrend and has an average daily range of $1. It meets all my criteria so I can go forward with setting the trade up. XYZ is trading at $72 and we want to purchase an out of the money call and an out of the money put so the trade will look like this:

Purchase 10 Oct. 75 calls @ 1.20 Purchase 10 Oct. 70 puts @ 0.75 This trade will cost $1.95 to put on and you can enter the trade anytime before market close on Tuesday. I generally exit this trade the next morning within the first five to ten minutes of the trading day by selling both options. If the stock gaps up, my puts may be worthless or have only $0.05 in them. I will take the money for the puts if there is any there, and if not, I will hang onto those puts until expiration in the rare case that the stock may sell off and those puts may have some value on expiration Friday. If the gap up was big enough, I will have enough profit from my call options to offset the loss in my puts and come out ahead on the trade. If the stock gaps down, I still sell both options. If there is no money in the calls, I will hold onto those until Friday in the rare case that the stock rallies and I will be able to sell the calls on Friday.

One important piece to keep in mind is that when you buy these out of the money options, you are buying all time value. When the markets open after an earnings announcement, the market makers usually take all that time value away. One way to gage how far the stock needs to move before you will be profitable on the trade is to take your total investment, (in this case $1.95), and add it to the call strike price:

75 (strike price) 1.95 = 76.95 XYZ must gap up to $76.95 before you are break even on your trade. That means that the stock must gap above $76.95 to make money. If there is a major resistance level around 75, this is probably not the stock to do this strategy on because it will be too difficult to make money.

If the stock gaps down, it must move below the put strike price minus the cost of the trade before you are break even:

70 (strike price) – 1.95 = 78.05 Because the market makers take away all the time value that you purchased, you will hit the break even mark if XYZ gaps down to 78.05. You want to make sure that the stock has the ability to gap below that price before you put the trade on. Make sure there is not a major support level between where the stock is currently trading when you put the trade on and the price at which the trade will be profitable for you. If there is a major support level somewhere near that profitability, your best bet is to find another trade.

This is a trade that I will do once or twice an earnings season, only on those stocks that meet my criteria. Take an earnings season or two to practice trade this strategy. If you will follow these guidelines I’ve set up in this article, you will be able to profit from some of the volatility and uncertainty during earnings seasons.

– Markay

If you would like to learn more about technical analysis and profitable entry and exit points, join me in one of my bettertrades.com/BTC/classrooms/default.asp free online trading seminars or come see me live in my informative and exciting two days seminar ” bettertrades.com/BTC/workshops/MRK_Two_Day.asp Technically Speaking”. Hope to see you soon!