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Investments Anacott Investments' Equity LEAPS earns a monthly 2-4% on your money. They have had zero losing trades since they started 5-6 years ago, but they make money faster in up markets. Due to commissions, this is for larger accounts, such as over 50K, and you must be patient. Very safe. Condor Options has a decent record. It can be used with any type of account. I recommend only 30% of your captal be allocated to them, the rest in physical silver. They normally open 3 iron condor spreads a month, with different ETF funds, so to have a profit after commisions, and to spread the risk, your should have at least $9000 available for investment. For the least commissions, and to greatly improve profitablilty, use Optionshouse as your broker. Do your own trades. Options move too fast for autotrading. You should also buy physical silver now, and storing it in a place where you can get to it quickly, but nobody else can. Hard times are coming. Sell your silver when 500 ounces will buy a median priced house in the U.S. This time might be next year, or in 5-15 years. For tourists needing spending money in Colombia, the best rates are at ATM machines. For U.S. citizens only, for a free checking account and no fee ATM transations, open an account with National Interbank in Indianapolis or Affinity Bank in Ventura, Ca., preferably both, before you go. A Paypal account is useful for transferring money online between your bank accounts. Paypal pays interest, but don't keep too much in there. They are not an insured bank. For Americans, If you withdraw more than you spend in Colombian Pesos than you needed to during your trip to Colombia, trade it in for dollars before going home (up to USD $10,000). You'll make 2-35% on your money, depending upon how current exchange rates, which helps pay for your trip. Under no circumstances should you open an account wilth Netbank.com. Never mind anymore. The government shut them down. |
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