What types of investment are there for me.

What types of investment are there for me.

401k, News
Investment is something that is purchased with money which is expected to produce income or profit. There are mainly three broad types of Investments: Ownership Investments, Lending Investments and Cash Equivalents. 1. Ownership Investments These are the most volatile and also the most profitable of investments. Stocks, Businesses, Real Estate and precious objects are the various types of ownership investments. a. Stocks These are certificates that state that a person owns a portion of the company in question handing out the stocks. The value of the said stocks depends on market situation. Post purchase, if the company X makes a record profit, then the value of the stock will go up and it is advisable to sell at this stage. If the company has posted losses, the value of the…
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How to purchase Edijo Land without heartache

How to purchase Edijo Land without heartache

401k, Bank Accounts, Beachfront Lots, Ejido, Land for sale in puerto vallarta, Mexico, Money, News
Can I Buy Ejido Land? Yes, it is possible to safely purchase ejido land. However the process of purchasing ejido land is exact and it must be completed correctly. It is never recommended that anyone purchase ejido land without qualified legal assistance. Is it Safe? I’ve Heard Rumors. Yes! Purchasing ejido land is safe, however most investors are sure to hear a different story. Ejido horror stories have been broadcasted by investors that have failed to understand the importance of working with a qualified attorney. Most of these ‘horror stories’ seem to originate from Baja California, and date back to the mid 1990’s, just after the Mexican constitution was changed to allow for the privatization of ejido land. Unfortunately for investors, this was a time when the entire concept of…
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Understanding Capital Gains TAX in Mexico

Understanding Capital Gains TAX in Mexico

401k, Bank Accounts, Ejido, FAQ, Mexico, Money, News
Capital Gains Tax Capital gains tax law in Mexico states that tax is owed on the profit you receive when you sell your home or property. By law, you have two options when it comes to capital gains and you can use whichever is the better of the two options for you: 1. You pay 28 percent* of the net profit. (There are a variety of deductions included in this option.) 2. You pay 25 percent* of the gross sales amount with no deductions. Although a 28 percent capital gains tax may seem high, Mexico does have several laws and procedures that will assist you in maximizing your cost basis, thereby reducing your net profit and lowering your capital gains. The key is to understand these laws before you buy,…
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Manifesting my construction to save on Capital Gains Tax in Mexico

Manifesting my construction to save on Capital Gains Tax in Mexico

401k, Bank Accounts, Beachfront Lots, Ejido, FAQ, Land for sale in puerto vallarta, Mexico, Money, News
What is manifesting? Manifesting is simply recording the amount of money spent on a home’s construction or remodel, in order to add it to the Owners’ cost basis. Adding to your cost basis is the key to reducing your capital gains tax. Proper documentation and manifesting your construction are vital to building your new home. Why do I need to manifest my construction? When you sell your home, the manifested cost plus the cost of your lot stated in your trust (title), will be used to determine the basis for capital gains tax. If you have not manifested your construction, Mexican tax law will not recognize your construction costs and you will not be able to use them as a deductible expense. All of your receipts, cancelled checks and bank…
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Purchasing Mexico Real Estate with Real Estate Financing

Purchasing Mexico Real Estate with Real Estate Financing

401k, Bank Accounts, FAQ, Mexico, Money, News, Retirement
Purchasing Mexico Real Estate is an exciting decision, and with the growing and increasingly successful cross-border mortgage industry that has been developing in Mexico over the past few years, there are now more options than ever to finance your home! Mexico has historically been a cash-based economy, but with the influx of investment by foreigners, financing has become a viable alternative.  Many US lenders and banks have turned to the Mexican market, and their previous US experience makes the process more familiar than if one were to finance directly through a Mexican bank. For some people, the introduction of financing into the Mexican real estate market represents the opportunity to pursue a dream that may not have otherwise been tangible.  For others, obtaining cash to purchase a property may never…
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Post U.S. Election Results, a Spike in ‘Move Overseas’ Searches Occurs – Trump Wins

Post U.S. Election Results, a Spike in ‘Move Overseas’ Searches Occurs – Trump Wins

401k, Bank Accounts, Belize, Costa Rica, FAQ, Health Care, Mexico, News, Panama, Pre Construction, Puerto Vallarta, Retirement
According to InternationalLiving.com, there has been a 160% surge in online searches for terms like "move overseas" and "expats overseas" post Trump election victory this week. In the wake of the presidential election results, the trend already underway of retirees going overseas for better-value living, more affordable healthcare, and warmer weather appears to be poised to accelerate. Already the Social Security Administration sends 660,528 payments overseas...and anecdotally, according to the editors of International Living, the number of U.S. retirees receiving Social Security benefits abroad is likely higher than that, as many simply continue to bank in the States while living outside the country. While Canada seems to top the list of target destinations for many potential escapees--in fact, that nation's immigration website reportedly crashed on election night -- International Living…
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Trump Wins, Don’t Move To Canada  —  Move To Mexico

Trump Wins, Don’t Move To Canada  —  Move To Mexico

401k, Bank Accounts, Health Care, Mexico, News
The election is over, TRUMP WINS,  So joking aside Americans say that they’ll would flee to Canada if Trump won the election. Well he did nothing against our northerly neighbor, but should we be looking to move instead to Mexico. Beyond the incredible beaches, mezcal and tacos, the country has a lot going for it. These are 7 reasons why I’d rather move to Mexico than Canada. 1. Jobs Mexico’s economy is more dynamic and is growing faster than most people think. The country’s unemployment rate is 4% — lower than that of Canada (6.8%) and the United States (4.8%). The middle class has grown dramatically in the past 15 years and is expected to add another 3.8 million households by 2030. In Mexico’s emerging tech hub, Guadalajara, you’ll find there is a pool of…
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What does President Donald Trump’s victory mean for the Mexican economy, as well as global markets and trade?

What does President Donald Trump’s victory mean for the Mexican economy, as well as global markets and trade?

401k, Bank Accounts, Mexico, News
THE DRAMATIC election of Donald Trump as US President has already sent shockwaves through global financial markets. The value of the dollar has fallen against safe haven currencies such as the yen but strengthened against the Mexican peso. As the financial markets react to his election, here is a look at what his presidency could mean for the global economy. What does Donald Trump’s victory mean for the markets?  David Cheetham, market analyst at at XTB, said: “The news has reverberated around the globe and financial markets with large declines seen in stock markets and safe haven assets such as gold rallying. “The outcome of this contest has seemingly caught the markets off guard in a repeat of the Brexit vote with forecasters and reputable pollsters wide of the mark…
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Moving to Mexico then you need to read this information

Moving to Mexico then you need to read this information

401k, Costa Alegra, FAQ, Mexico, News, Puerto Vallarta, Retirement
Living in Mexico has long been popular with those who live north of the border. It is a popular place for holidays – especially with those looking for some winter sun and is also a popular retirement destination for Canadains and Americans due to its close proximity to the US. The country boasts beautiful beaches, fascinating attractions, friendly locals, an all year round good climate, low cost of living and a good quality of life for all who travel there. Mexico boasts one of the strongest economies in Latin America and also has a very strong trade agreement with the US. The capital, Mexico City, is growing at an impressive rate and now boasts excellent opportunities for all budding entrepreneurs. There is however a big gap between the rich and…
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Retiring to Mexico let your 401 K work for you. Heres how.

Retiring to Mexico let your 401 K work for you. Heres how.

401k, Health Care, Inspection Visit, Mexico, News, Puerto Vallarta, Retirement
401(k) accounts are not designed as piggy banks to be tapped for nonretirement expenses. But stuff happens. Since the Great Recession, loans from 401(k) accounts have been rising. Some 17.6 percent of plan participants had loans outstanding last year, compared with 15.3 percent in 2008, according to the Investment Company Institute (ICI). A much smaller number of 401(k) participants (1.3 percent) took hardship withdrawals last year, according to the ICI. The loan numbers reflect the financial pressures facing so many households. A recent survey by the Pew Charitable Trust found that 60 percent of U.S. households experienced a financial shock in the past 12 months. This was typically lost income due to unemployment, illness, injury, death or a major home or vehicle repair. When trouble strikes, backup emergency cushions are…
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