hello pezz, today's report: i have a whole series of travels coming up, starting at the end of this week, and really only ending at some point at end of october, with a few days in hk, going everywhere.
so, my suspicion is that conditions will go dire while i am out and about, and the best for me to do about the portfolio is to do nothing.
i am at:
cold cash 33.8% (cad 8.7%, chf 1.5%, euro -1.9%, hkd 7.5%, yen 2.2%. rmb 0.1%, sgd 2%, baht 0.6%, usd 12.9%)
hard metal 12.49%
solid rental real estate 32.73%
various equity 21% (energy royalty 3%, energy 4.4%, mining 0.8%, gold 0.2%, real estate 1.6%, health 0.6%, finance 0.3%, other 6.3%, certificates on gold/silver/commodities 3.9%)
<<tax franchise board is dunnin me for back taxes. Can't seem to understand that I don't live there anymore just an occasional tourist....Bastids!>>
;0) i am unfamiliar with the notion of taxes. is that where the government is running a surplus and forego property taxes even as one is charging healthy rent, extracting goodness from the willing economy, and officialdom picks up my domestic helper's health cost as a favor?
no?
you americans run an odd system, taxation without obvious representation, and followed by a kick in the behind when the officialdom makes a mistake that requires bailing, and all chip in on the bailing, except the officialdom of course, so that they can wreck the boat once again
whereas we who live in hk enjoy economic freedom, tax forgiveness, and watching political candidates, mostly idiots, all dressed up formal, with placards around neck, waving arms at bus stops, smiling under the hot baking sun, without a political message at all, just begging for votes.
i love democracy, where the pols get baked under hot sun like three tins of putrid cat food, waving at passengers riding in comfy airconditioned buses passing by, taking in the diesel fume. serves them right.
our system, if applied, could be a welcoming change to your schema.
chugs, tj :0) |
