Bahamian bank secrecy is somewhat misleading in that banking institutions are prohibited from disclosing customer or account holder information to a third party without clear consent from the account holder (think Americans may have to sign waivers of the open an account) or under a law of the Bahamas. short order. The bad part is that banking institutions can freely […]

Stephen Key was a mentor to Tim Ferriss. If he’s not familiar with Tim, he wrote two best-selling books, The 4-Hour Workweek and The 4-Hour Body. One Simple Idea is an instruction book on how to license ideas from it. Licensing is one of the most lucrative business models in the world. Think of these companies, Microsoft, Oracle and Apple. […]

It can be a challenge to buy a filing cabinet for your office. There are so many considerations you have to go through. Often these are not limited to mere product design. Some of the main concerns that you would need to think about include the following: Lateral or Vertical File cabinets can be oriented laterally or vertically. You’re sure […]

There are so many advantages to living near a park. On the one hand, the park is a source of recreation for the whole family. It can include a playground, a jogging path, and even a bird sanctuary. Depending on the attractions included, some parks may require an entrance fee to cover the cost of upkeep, but for the most […]

Asset allocation is one of the main concerns of portfolio management. Asset allocation answers several questions. What risk-return tradeoff are we comfortable with? In other words, how much risk are we willing to take to achieve a certain level of active return? At each level of active return there is an equivalent amount of risk. Many portfolio managers are judged […]

The earning potential of the gift basket business is a bit of a blur to some before you get started and you can be forgiven for wondering if earning a full-time income is possible. In this article we look at the profit potential of the gift basket business, how much profit and profit is possible, and lastly, we look at […]

Construction projects are very complex. There are many construction workers, subcontractors, plumbers, and electricians working in different areas at the same time. This, combined with dust, debris, and heavy construction materials, often results in damage to expensive home finishes such as cabinets, countertops, doors, etc. Here is a list of the top ten accessories that tend to get damaged during […]

This book is a New York Times Best Seller and I can see why. If you’re not familiar with the authors, they’re hitters. Mark Victor Hansen is co-author of Chicken Soup for the Soul with Jack Canfield. This book and series have sold more than 65 million copies. That’s really amazing. I read one of Robert Allen’s books in the […]

Fast facts: 3rd richest country in the Western Hemisphere Neither resident nor non-resident income tax is paid. Capital = Nassau Population = 323,000 Currency = Dollar Economic Summary Does everyone have their pina coladas ready? Does everyone have one of those little umbrellas? A chunk of pineapple and maybe some nutmeg sprinkled on top for full effect? Alright? Excellent!!! Now, […]

I have been buying and selling real estate since I was 20 years old, and yes, that has been a long time! With very few exceptions, I’ve bought used properties and have never bought a pre-built condo until now (although I’ve gotten close a few times). The main reason I have hidden is liquidity. I can’t move a tenant right […]