Posted in Money Talk on November 26th, 2006 No Comments »
Many people put their savings in a savings account. Savings accounts usually pay anywhere from 4% to 6% interest yearly. When you deduct the inflation, which is usally around 3% ( 2.8% to 3.4% mostly ), your savings grow only 1% to 3% a year.
If you still keep your savings cash at home, then quit […]
Posted in Money Talk on November 21st, 2006 No Comments »
I received an email today regarding my PPC arbitrage update post, with the question: why didn’t you pay with your creditcard? It’s much faster…
Well, because I have no creditcard and I don’t want one either. The interest on creditcard debt is on average 17% to 20% (2004). That’s nice for visa and mastercard but not […]
Posted in Business Talk, Money Talk on November 12th, 2006 No Comments »
If your company is located in one of curacao’s economic zones (E-Zones) you only have to pay 2% tax on your profits. This is guaranteed to be the case until the year 2026.
This legislation was introduced in 2001, in order to stimulate the economy of Curacao. The economic zones are meant for export businesses with […]
Posted in Business Talk, Money Talk, Net Talk on November 7th, 2006 No Comments »
Every internet marketeer will someday be in this situation. One of your friends will ask for your help. He used to work for a boss (or master if you will), had a “secure” income, a mortgage, a leased car and a maxed out creditcard simply because he could. Nothing could go wrong… until he got […]