Too Much Taxes on Your Savings

Do you know how much you are taxed on your savings?
If you are looking for financial freedom it's the time to watch new laws about taxes passing through.
Just look through all your investments and check for new possibilities, do not hesitate to surf on better waters, as Warren Buffet says: "if you ever find yourself on a sinking boat, the energy to change boats is more productive than the energy to fill the holes".
New laws are passing now here in Europe and taxes are booming everywhere, how can you adapt to all that?  This is the Robin Hood syndrome!

But the situation is delicate and it is difficult to predict what's going to happen and that makes this moment a very interesting and intense one!

Because:

• Debt has never been so big.
• The price of money is very low.
• Taxes are not effective anymore because of the Laffer effect, which explains why too much taxes will get no income tax at 100%, because there is no incentive to earn income.
• The assets level is artificially high.
• The developed countries are all going through a similar situation.
• The Euro unbalance does not allow countries to recover.
• Because of some foolish laws which are making that part of capital, ideas and entrepreneurs are going away and how many will get back?

So, if you are getting too much taxes on your savings, what to do?

• Get assets for essential values at a fair price.
• Develop your self, you are your biggest asset.
• Be prepared to buy assets at a good price when panic hits and prices fall.
• Keep open to opportunities, keep mobile.
• You may create a new activity in another country.

Keep calm

Yes, panic is the worst thing, really,  you need to stay cool and calm to handle this situation for the best, and it will be your very best indeed.

Real estate is, for me now, too expensive at least in some areas.

This does not mean not to invest (good profit is always a good profit) but prepare for a medium-term capital loss and be very selective about the choice of the property.

Prefer the security of international companies with a competitive advantage rather than companies depending on the state or the financial market.

Do not fall into panic by converting your entire patrimony to gold or silver, but rather study your actions and get financial wisdom to not get too much taxes on your savings and invest on the best products.