The News Review:
- Investing in insurance to beat the year end deadline?
- Gulf companies explore investment opportunities at Hadramout Conferenc…
- Mary Holm: Notes of caution fall on deaf ears
- Benefiting from US rate cuts INVESTING
Investing in insurance to beat the year end deadline?
Economic Times – Mar 29, 2008
While it is important for individuals to have
some risk cover, it is equally important that they buy insurance keeping both
their long-term financial goals and tax planning in mind. However, investors should not buy an insurance policy just to save on tax, there
should be a well thought-out plan behind the purchase decision of the insurance
policy. The first thing an investor should do before buying an
insurance policy is to evaluate his insurance needs and then narrow down on the
most appropriate policy types.
Related: Investing in insurance to beat the year end deadline?
Gulf companies explore investment opportunities at Hadramout Conferenc…
Yemen Observer – Mar 29, 2008
HADRAMOUT – The Tourism and Real Estate Investment Conference held on March 26-27 in Hadramout has yielded pleasing early results, including strong interest from Gulf companies. Omer Ba-Jersh, Chairman of the Hadramout Chamber of Commerce and Industry, advised that at an international company had tendered to operate Mukalla Port and to build a new port in the al-Dhaba area. A Saudi group also expressed its desire to invest in the al-Wadea?a free trade zone. An Emirati firm is competing with a Saudi company to commence public housing projects. Additionally, another Saudi group expressed interest in investing in Soqotra Island through setting up a joint company to coordinate public and private sector initiatives with Soqotran citizens.
Mary Holm: Notes of caution fall on deaf ears
New Zealand Herald – Mar 29, 2008
It is up to the individual to do their own research, fully understand what risk actually is and leave base emotion out of the decision-making process. Just spend as much time reading the business pages as you do the sports pages, for example! People investing in the Blue Chip scheme, for example, were probably looking at tax avoidance. Fine to buy the family home on an 80 per cent mortgage, but to later squander its equity on highly geared rental properties, up to 100 per cent of purchase price, as a means of avoiding tax overlooks the risks – loss of day job, fluctuating rentals and occupancy, mortgage interest rising, rates rising, bad tenants, not being able to sell for what you want when you want. Me, I would rather make a profit and pay tax on it. Yes, I do wish there was less wastage in government spending but that does not mean, as a citizen, I should not contribute. I’ve met a few “tax avoidance bores” in my time – they were all quite happy though to use Government-provided services without blinking an eye.
Benefiting from US rate cuts INVESTING
highbeam.com – Mar 29, 2008
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Conrad de Aenlle The New York Times Media GroupInternational Herald Tribune03-29-2008Benefiting from U. interest rates this year is a boon to debt-strapped homeowners and businesses, and it might yet save the U. economy from recession.
Related: UBS Cuts 5% From Clients’ Auction-Rate Bond Valuation (Update3)