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Ted Baumann

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Date Joined: March 20, 2015

Country: United States

 
 
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A Second Passport: Your Ticket to Freedom

Author: Ted Baumann

Category: Travel

One of the most common questions in my Sovereign Confidential mailbag is how to obtain a second passport if you have limited resources Plenty of people would like to have one, but the costs can appear dauntingThere are several routes to a second citizenship — and thus a passport...

America is Becoming a Third World Country

Author: Ted Baumann

Category: Travel

I’ve spent a lot of my life in “Third World” countries (Nowadays they’re called “developing countries” … whether they’re developing or not) That experience has given me a strong sense of what makes such countries tick...

The Best Privacy Protection Techniques

Author: Ted Baumann

Category: Finances

Last week I wrote about privacy protection techniques you can use to make yourself largely invisible: Specifically, form a limited liability corporation (LLC) As a “juristic person,” an LLC can do almost all of the things a real person can do: open bank accounts, register a car, have a phone number, own property and so on That means you can shift many of your personal affairs into an LLC and limit your personal exposure to the rapidly-degenerating world of Big Data...

This New Privacy Invasion Will Cost You

Author: Ted Baumann

Category: Finances

A few weeks ago, I wrote about the ways data-mining companies use your internet activity to develop an invasive profile of you without your knowledge or consent Your age, gender, address, shopping habits, finances, web history and so on are combined to tailor advertising aimed at you as you surf the web, with sometimes shocking results They also sell your profile for profit to other companies...

The Scary Reason You Need Asset Protection

Author: Ted Baumann

Category: Finances

Last week, the Justice Department charged former Speaker of the US House of Representatives Dennis Hastert with five federal felonies...

Consider This Before You Move Offshore

Author: Ted Baumann

Category: Business

As an economics undergrad, learning the “laws” that supposedly determine how everything works, I was keenly aware that there’s more to life than markets where buyers and sellers interact Although I understood why economists “abstract” away from society, politics and history, I was always frustrated that the discipline I was studying left so much unexplainedNowhere is that more true than in labor markets...

Time is Money: An Asset Protection Strategy

Author: Ted Baumann

Category: Finances

I’ve never worn a watch I flatter myself that’s because of a high school Latin teacher/lacrosse coach named Thurber who, when asked why he didn’t, responded that “a man who wears a watch worries too much about time”That quote has always stuck with me...

The Unexpected Reason You Need Asset Protection

Author: Ted Baumann

Category: Finances

I had the good fortune to be a kid in the ‘60s and ‘70s, when science fiction retained just enough of the optimism of the ‘50s to be fun, but also began to hint at darker futures You could watch Star Trek after school for a pick-me-up, and 2001: A Space Odyssey after dinner to bring you back down againYou need an asset protection strategy against the rise of the robotsOne of the recurrent themes of the sci-fi of the time was robots...

Confessions of an Expatriate

Author: Ted Baumann

Category: Travel

An average person doesn’t become an expatriate They don’t have second homes in foreign countriesIt’s too hard...

Panama: Your Perfect Plan B

Author: Ted Baumann

Category: Finances

Editor’s Note: Welcome to the “Escape the Chaos: Best of Sovereign Investor Daily” series All this week we are highlighting some of our best articles that focus on key tips and tricks for moving offshore, information on countries that support your expatriation and wealth protection goals, and much moreMy advice for moving overseas...

Things to Consider Before Moving Offshore

Author: Ted Baumann

Category: Travel

Editor’s Note: Welcome to the “Escape the Chaos: Best of Sovereign Investor Daily” series All this week we are highlighting some of our best articles that focus on key tips and tricks for moving offshore, information on countries that support your expatriation and wealth protection goals, and much moreI spent last week in Panama City at The Sovereign Society’s annual Total Wealth Symposium — a yearly conference we offer in which we advise attendees about moving offshore, investing overseas, and protecting your portfolio from government confiscation...

Digital Privacy in 30 Seconds

Author: Ted Baumann

Category: Internet

In the technology business, I’m what’s known as an “early adopter” I’m the guy who gets the new device or software early on, eager to see how it works and whether it’s an improvement on existing products I’ve picked some winners (flat screen monitors) and losers (BlackBerry)...

NSA Poises New Threat to Your Privacy

Author: Ted Baumann

Category: Internet

Sometimes an issue is so outrageous that I can’t decide where to start Here’s an excellent case in pointNational Security Administration director and Sith Lord Michael S...

How to Choose Where to Expatriate

Author: Ted Baumann

Category: Finances

Yesterday I posed two rhetorical questions: “Where will you be happy, and how can you know before you decide to live there” I was thinking about a recent article I’d read, proclaiming Singapore a “utopia” for expatriatesWould that island city-state be the “perfect country” for you...

How Do You Decide Where to Expatriate?

Author: Ted Baumann

Category: Business

Where will you be happy And how can you know before you decide to live thereI have no idea But I can show you how to find out...

Gold: Your Ultimate Form of Asset Protection

Author: Ted Baumann

Category: Finances

In my travels over the years, I’ve often marveled at the business practices of certain societies, especially in Africa and South AsiaChronic instability leads to a short-term business attitude — grab as much as you can while you can That in turn undermines sustainable investment and growth, feeding instability...

Three Simple Steps to Reducing Your Taxable Income

Author: Ted Baumann

Category: Finances

“The hardest thing in the world to understand is the income tax”— Albert EinsteinAlbert was right: The US...

The App That Can Help Prevent Asset Forfeiture

Author: Ted Baumann

Category: Finances

Over the Easter weekend my family and I drove from Atlanta to my mom’s house on the Rappahannock River in Virginia It’s a 10-hour trip, and covers some of the nation’s most heavily-policed interstates Even on Easter Sunday, radar-wielding cops were everywhere, trying to grab a bit of revenue for their state or county...

Cybersecurity Bill CISA Aims to Kill Privacy

Author: Ted Baumann

Category: Finances

Yesterday I fell for an April Fools’ joke for the first time (that I can remember, at least)A blog post, ostensibly from Georgia Tech, announced a new program to award credit to students who use their smartphones while logged on to the campus Wi-Fi system “Every website visit, post, tweet, photo, and yes, even yaks are available and tied to a user,” it said...

How to Expatriate: Planning Your Great Escape

Author: Ted Baumann

Category: Business

People often express to me their concerns about moving to another country After all, I’m an experienced expatriate, and it’s my job to help people think through their own “Plan B”I recently visited Uruguay for our Offshore Investment Summit, where I met plenty of prospective emigrants...

How to Take Advantage of the Strong Dollar

Author: Ted Baumann

Category: Finances

The US dollar is flying at an all-time high Right now they will buy more of almost anything priced in foreign currencies — at least until those prices rise...

The Dangers of Digital Currency

Author: Ted Baumann

Category: Computers and Technology

As a professional guitarist, I’m immersed in an ongoing debate about technology We guitarists debate thousands of little issues in online forums, on Facebook and in person What strings provide the best value for money...

Does Obama Need More Power?

Author: Ted Baumann

Category: Politics

I know a thing or two about “states of emergency” Over the years I’ve traveled to — and lived in — several countries where laws have been suspended, liberties curtailed and the executive branch of government has taken direct control over society and economyUsually a state of emergency is declared when there is widespread civil unrest, a threatening insurgency or a collapse of government processes...