Just the other day, Ted Bauman wrote an article predicting the implications of the tax cuts passed by the House of Representatives recently. He goes further to reveal how investors can benefit from this action and make some money off of it. R. Bauman begins the article with a personal account of his younger years more than 30 years ago when he landed in South Africa. In South Africa the United States dollar was far much stronger than the South African Rand back then, Ted immediately spotted an opportunity and consequently bought an asset which has paid off all through. In the article, Ted recommends this move to his readers encouraging them that they could never go wrong. Ted goes further to elaborate reasons as to why he finds this to be the most pertinent time to strike by saying that he predicts a weakening of the US dollar in most financial markets in the near future in the wake of the recently passed tax cuts by the house of representatives. Visit crunchbase.com to know more about Ted Bauman.
Ted took his time to break down the financial market dynamics and how they relate to different economic indicators of any given country. A strong dollar is beneficial to Americans traveling abroad especially to countries where their currency is weaker compared to the dollar as they find stuff there to be really cheap and hence affordable while on the other hand, products made in the US find it hard to penetrate such markets since the products seem to be highly priced. This in effect hurts the US manufacturing sector and therefore increasing the rates of unemployment given that the industry is one of the country’s top employer. On the other hand, a strong US dollar means that imports from countries with weaker currency when compared to the dollar seem cheap and affordable to most American consumers hence their preference which also, in turn, hurts the manufacturing and industry and balance of trade. Read this articles about precision profits, click here.
Here’s my Dirty Dozen list of tax steps you can undertake before December 31 to wring the maximum amount away from Uncle Sam before the law changes in 2018.#taxes #IncomeTax #WealthManagement #investing #TaxReform #BanyanHillhttps://t.co/OewfnRsTxM
— Ted Bauman Guru (@Ted_B_Guru) December 18, 2017
Analysts predict that the tax cuts will cause a $1.5 trillion federal deficit which will, in turn, lead to a weakened US dollar making it the perfect time to invest in foreign assets that are priced at local currencies which are weaker compared to the dollar. When the dollar starts dropping, the value of the foreign assets will thus be higher in US dollars than when you bought them.
Ted Bauman is an experienced financial expert who specializes in asset protection and low-risk investment.