Here are some practical ways you can increase your kids' financial literacy from the early years and set them up to win with money at any age.
O&G Capital Management is pleased to offer complete notarial services that are simplified and efficient! We have the ability to provide notarial services to all US citizens who require authorized documents per US law and policies set forth by the Department of State. Additionally, we offer notarial services to any individual of any nationality, as long as the document being notarized is required for use within the jurisdiction of the United States and abides by relevant US laws.
In a landmark of Greek Culture & Lifestyle, the Hellas House takes a holistic approach to personal betterment engaging mind, body, environment and nutrition. The venue’s inspiration and passionate dedication towards empowering a healthier and happy life was the perfect setting for our event “Richest Women in Shanghai – Saving & Investing Your Way to Financial Freedom.” Pointedly, self-empowerment toward a healthier and happier financial life.
The Gold Standard
Serving as the basis of economic capitalism, gold has always played a major role in the global economy.
Although not a primary currency anymore, gold can be used as an integral tool in your portfolio and carries a variety of benefits:
Store of Value & Inflation Hedge
Compared to the USD that has lost 98% of its purchasing power since the Federal Reserve was established, physical gold has preserved value by consistently beating inflation. Unlike fiat and cryptocurrencies, gold is a tangible asset that cannot be hacked, forged or erased.
Having a small portion of your portfolio dedicated to gold is an effective way to maintain a balanced portfolio over an economic cycle.
Hedge against market crashes
Gold has proven to balance equity losses during downturns, with the commodity rising nearly 70% of the time that stock markets fell over the past 50 years (across all 12 month periods).
With freshly made breakfast and exotic fruits filling the bar counter, O&G had the pleasure of welcoming life insurance expert Dr. Doyle Ray Oakey to the Shanghai Life Insurance Seminar 2019.
Dr. Oakey has more than twenty years of global experience advising companies, individuals, and families on insurance, wealth and risk management products, process and preparedness. Today, he continues to advise insurance clients globally through his role in Primer Sol Consulting.
Two sessions were held. A Monday morning session presented in English, and a Chinese counterpart on Tuesday with the same exceptional set-up accompanied by an experienced translator. The purpose of the seminar was ‘a client-centered approach’ where attendees from both presentations represented professional service firms, to identify their clients’ insurance needs.
Sudden events may make you realize that life insurance is not just something you need but in reality, something you want as well – to make sure that your family, dependents, business, and legacy are all protected.
The sweet-spot for buying coverage is during your 30s or 40s – where you are given the best rates.
If the primary breadwinner in the family passes away suddenly – in an accident, by an unexpected illness or even of natural causes – especially in a foreign country, the costs and paperwork associated with repatriation can make a tragic event even worse.
U.S. Federal Tax Filing Requirements:
1. Employees with income exceeding $10,000/month
2. Self-employed individuals with income exceeding $400/month.
Any taxes due must be paid by April 15th, just like back in the U.S. Filing deadline is June 15th, with a further extension available until October 15th.
1. FBAR: must be filed for individuals with a combined balance exceeding $10,000 in accounts outside of the U.S.
2. Form 8938: must be attached to the annual return of individuals with foreign assets exceeding $200,000, excluding a home owned in your name (FATCA requirement).
Sending fee, receiving fee and conversion fee. The common denominator is that they are unwanted and unavoidable. But what can you actually do to minimize these costs?
When you send money abroad it would be profits from your company, payments to suppliers, or for personal reasons. When doing this, you must make a conversion from RMB to your home currency.
HOW DOES REPATRIATION WORK?
Great News! Five Year Rule for Expats Still Remains (and other Individual Income Tax (IIT) Updates)
In this article, we will address additional information about a couple of important uncertainties to the new tax policies that were previously not addressed. We will assume that you are already familiar with the basic details such as the increase in the non-tax salary exemption, the changes to rates and deductible categories, etc. If not, please click here.
Five Year Rule Remains
About the O&G Research Team
The O&G Research Team holds Series 65 and Series 3 certifications and are experienced traders in international financial markets.
Follow us on WeChat:
Read new articles and updates everyday on your phone!
- We are long some of the companies mentioned on this website;
- We are not responsible for the content on any external links on this website;
- The opinions expressed in this report do not constitute a buy or sell recommendation.