The Original Think Magazine (Published since 1996)
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Economics

book reviews
It's the economy, stupid!
Thinkonomics

"A LARGE PART OF CRIME IS ECONOMICS. THE CONVERSE IS TRUE AS WELL." - Jeffree Benet

Someone working hard to buy a house and raise a family is less likely to turn to crime than someone sitting on the Board of Directors with no checks on corporate irresponsibility...

How to Build Confidence

The exact steps to success are different for each and every person and there is no formula that works for everyone. There are however traits that nearly all successful people have and if you are looking to achieve a prosperous life you may want to take these things into account. A major key to success and happiness is to truly believe in yourself and your capabilities. Having self-confidence makes it severely difficult to deter you from your goals and your overall contentment with life.

 

Improve your knowledge

The pursuit of learning is a constant one. Education is the key to becoming a well-rounded person both professionally and personally. From a young age we should be encouraging education and continue always pursuing higher learning. Things like language, academics, music, theory and a variety of other topics can be learned through tutors. Tutors enhance a learning experience by bringing a one on one experience to the subject. Tutors in cities like Hong Kong are easy to find online and can be found for nearly any topic you wish to gain a better understanding of.

 

Improve your appearance and health

Looking your best and keeping a consistent health regime will go a long way in ensuring you are staying on top of your game. As little as 30 minutes of exercise a day will help keep your weight managed and is important for your bodies health. Making sure you are eating fresh produce and foods that aren’t processed will keep you energized and feeling your best. Personal trainers or dietitians are great people to speak with about setting up an eating and exercise schedule that is right for you. Incorporating these things into a  busy lifestyle isn’t always easy but these people can simplify the hard work for you.

 

Improve Your Self and Spirit

 

Finding a balance of work to life is easier said than done but with planning and focus it can be achieved. Make sure you are setting time aside to spend time with the ones you love and care for and doing hobbies, sports, and actives you enjoy. Take time to consider and reflect on your achievements, your failures, and your future goals. Make plans to move ahead in acquiring your goals and don’t be afraid to dream big.




Diversifying Your Money In Foreign Currency

With currency being an extremely hot topic at the moment (when is it not though) it might be a good time to look at how your money is being banked or invested. It no secret that having one hundred percent of your empire stashed in one place whether its property,  shares, investments, a single currency or any other single place that can drop and leave you desolate in a moments notice is not wise. Diversifying your money is a way of making sure this doesn’t happen.  

 

Diversifying allows you to spread your assets in different investment opportunities incase one sector goes bust. By allocating your money into different sections of an investment portfolio, you don’t have all your eggs in one basket, so to speak.

 

There are various ways of breaking up and distributing your money. Putting your money into an overseas account is helpful, easy and low-risk way to start diversifying your wealth. Here are a few reasons to think about putting your money into an overseas account.

 

Investing

 

With so many global opportunities its wise to have offshore accounts in countries you are wanting to invest in. Having a local account in the country you are doing business with makes investing less of a hassle and can come with a lot of benefits. Start up hubs like the EUA make an ideal place to set up an offshore account. Dubai-offshore can open offshore accounts in the EUA making it easy to invest your money in the country. 

 

Taxation

 

Having money offshore can have great tax benefits. Keeping a portion of your money out of the tax jurisdiction in your home country can drastically reduce your tax bracket. Many times off shore accounts will not charge you for capital gains or gains made in stocks or investments. 

 

Exchange and Transferring money

 

Having the option of withdrawing and transferring money out of two account with different values is beneficial when needing to exchange funds or putting money in other accounts. The services are fast and typically free or very affordable. 

 

 

Borrowing and Credit

 

Needing to find alternative mortgages or mortgage rates are a benefit of having an off shore account. Same goes for credit or lending services. Rates and interest can be much better than in your local account.

 

Access

 

You’re money in offshore accounts will be available 24 hours 7 days a week. For many of these accounts, service is set up knowing that many foreigners have their money set up in their accounts. They add extra services in order to meet these clients needs.

 

 

Security

 

Many times these accounts offer greater security, increased privacy and greater financial freedom. Security is taken vary seriously for these banks