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London Property – A Global Reserve Currency


wealthymatters

According to Britain’s Office for National Statistics,London house prices rose 9.7% between July 2012 and July 2013.In fact for a number of years London real estate has returned an annualized return of round 10%.

World over, the UK political system is seen as stable and government policy as predictable.

Also,the property tax regime is very gentle.For example, the  property taxes on Mayor Michael R Bloomberg’s $20 million London home comes to $3430.

Furthermore,if a person can demonstrate that he/she has a residence in another country.he/she is taxed on only his/her  British earnings. Read more of this post

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Doomsday Investing


wealthymattersThe world economy is far from the pink of health,but I don’t think that the end of the world ,as we know it, is upon us.However I do believe in having a wealth pyramid in place.If your are coming in late,you can read more about it in an older post here: https://wealthymatters.com/2011/09/30/wealth-pyramid/#more-1948.And the time for building an ark is long before the deluge…..

The wealthiest in the world have the most to lose in a crisis.They also often care the most about not losing it all.Moreover they have the money and the contacts to put in place the most elaborate fall back plans.The following are some actions that wealthy people in different parts of the world seem to be taking to limit the damage to their fortunes.( http://www.reuters.com/article/2011/10/04/us-wealth-summit-investment-idUSTRE7933LS20111004) Why not be influenced a little bit by them?Especially with a little part of the funds lying at the bottom of the pyramid?The worst that could happen is that nothing happens and we feel foolish.On the other hand if we wait till there is blood on the streets,it might be too late to do anything much. Read more of this post

The Most Expensive Real Estate In The World


wealthymatters

Monaco – $5,408 PSF Read more of this post

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