Ted Bauman Clears Up Some Of The Confusion About The New Tax Plan That Got Rolled Out In January Of 2018

Ted Bauman has always worked to help connect people with the financing and resources they need in order to live a better life. He studied at the State University of New York where he received a Bachelor of Science Degree in Business Administration, and he also attended Georgia State University where he graduated with a Master of Business in Administration in Finance. He teamed up with Banyan Hill Publishing in 2013 and is now the editor of The Bauman Letter, Alpha Stock Alert, and Plan B Club. Ted was born in the United States but emigrated to South Africa when he was a young adult, and while there, he served as a fund manager for a spread of non-profit charitable organizations.

Ted Bauman wants to help people better understand the new tax plan that has been rolled out. To do this, he needed to, first, let people know that business entities who do not pay taxes are called “pass-throughs,” and that the losses or gains these businesses accrue are “passed-through” the owners of the business. The new tax plan allows pass-through owners to not pay federal income taxes on 20% of the profits their businesses make. This is a good thing for pass-through owners, because they will be able to save a lot of money. Private practices like the kind that doctors, lawyers, or other professionals have can be broken up into smaller parts, which can lead to savings of thousands of dollars.

Ted Bauman has also pointed out that more money can be figured as tax-free and a company can make more profit if their owners take as little as possible out for their salary. He also indicated that employees might benefit by becoming consultants. While the new tax bill doesn’t make the tax code any easier, it does lower tax rates for the next seven years. A lot of people may be seeing an increase in their taxes due to the fact that the tax law makes it so that local, state, income, and property tax can now only deduct $10,000 from a person’s federal income taxes. On top of this, people who work from home will no longer be able to deduct home office expenses from their taxes, which will surely effect many.

Ted Bauman advises that people who are earning the right amount to set themselves up for retirement should consider opening a Roth IRA and to continue reading the Bauman Letter for more about how to cut down on taxes that hit retirement earnings.

Check: http://thesovereigninvestor.com/precisionprofits/ted-bauman/

 

Igor Cornelsen Puts Investing in Perspective

Igor Cornelsen has become a very solid investor. He knows the market, and he knows how to teach other people about the market. There are investors from many different walks of life that can benefit from the knowledge that Cornelsen has presented about portfolios. This all starts with building a diverse portfolio.

People that live in America put their trust and money in American stocks. What Igor Cornelsen has done is open the eyes of American investors and make them see about the benefits of stocks like the iShares MCSCI Brazil Capped funds. There are also some investments like the Cosan Limited and Banco Santander stocks that have become popular for people that want a diverse portfolio that includes the stocks outside of the United States. A lot of people have been able to see the benefits that come with investing in these companies.

Igor Cornelsen has also made people take to investing in the early stages of their career. Investors have seen what it takes to build a better portfolio, and Igor has recommended that people start as early as possible. This is the key to a better portfolio. He has proven over the years that people that start investing in their twenties will have much better luck than those that are trying to start investing in their thirties or forties. Compounded interest is what people experience when they put forth the effort to start saving money early. Follow Igor Cornelsen on Twitter

People that are investing have to be aware of the dangers of putting their accounts on auto pilot. This is what so many people are starting to do. It doesn’t make sense to have an account where you do not know about the stocks that you are investing in. This is never a good thing. It makes a lot more sense to put forth the time to track and monitor the stocks that are doing well. This also gives you the ability to see what is not doing so well. That is how you get the chance to truly assess your portfolio and make the necessary changes that lead to growth.

Read: https://www.resumonk.com/igorcornelsen

 

Igor Cornelsen Shares His Thoughts on Investing in Brazil

If you’re unfamiliar with Igor Cornelsen, he is a prominent investment banker who is capitalizing on Brazil’s economic recovery. After years of political turmoil and unemployment rates as high as 12 percent, Brazil seems to be regaining its economic footing. In the first quarter of 2017, Brazil has seen a one-percent increase in their gross domestic product, which suggests that the country’s economy, is on the rebound. Cornelsen is a Brazilian native who is well versed in the finance arena and has been hailed as an expert when it comes to portfolio diversification. Additionally, he is familiar with the complexities of investing in foreign markets, which includes understanding currency restrictions.

In a recent frenchtribune.com article, Igor Cornelsen explains the three primary tenets for investment success in Brazil. First, Cornelsen recommends that prospective investors recognize that there are fundamental differences between investing in the U.S. versus investing in Brazilian markets. In Brazil, there are currency restrictions, meaning if you’re not a citizen or a local business owner you will be required to work with an authorized bank in order to exchange. Additionally, because the country has multiple exchange rates, your individual return can vary. Therefore, it is imperative that new investors have at least a rudimentary understanding of the exchange rate that governs the transaction that they are interested in. Follow Igor Cornelsen on Twitter

The power of networking shouldn’t be underestimated; Cornelsen is a staunch proponent of connecting with natives, whether in Brazil or other countries. He believes that relationships and business, are the two things that help countries thrive the most. Additionally, Igor Cornelsen cautions investors to be cognizant of the bureaucracy involved in foreign investing. Brazil, for example, is heavily regulated; an understanding of country’s regulations can help avoid impediments when it comes to certain types of transactions. For example, the Central Bank of Brazil can adjust the given exchange rate for a specific transaction at any time, which can have devastating consequences for the investor. Additionally, the Brazilian government is renowned for over-regulation, high taxes, and restrictive labor markets. These challenges can be a lot to overcome, but the reward of a better than average return, makes it worthwhile, in Cornelsen’s estimation. For more info, visit:https://angel.co/igorcornelsen1