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Article #968Swiss Annuity Facts--Free!!!
From: Harry E. Brown
Date: Sun, 30 Jul 1995 00:00
Date: Sun, 30 Jul 1995 00:00
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2562 bytes
WHY INVEST IN THE SWISS FRANC? For over 250 years, Switzerland has had a reputation of being a safe and secure place to warehouse foreign funds. The Swiss franc has enjoyed an equallly impressive history. Over the past 20 years the Swiss franc has appreciated in value 250% against the US dollar and the Swiss currency is backed by gold over 200% (at current prices). The US dollar has been slowly losing its role as the key international currency over the past two decades. The US dollar today accounts for about 50% of the international reserves held by foreign countries, down from 80%, 20 years ago. Given the current US budget deficits and low level of savings, the long range outlook for the US dollar is not good! WHY INVEST IN A SWISS ANNUITY? A Swiss annuity vaguely resembles the annuity product that most Americans are familiar with. However, it is a superior hybrid product with a whole array of desirable features. The Swiss annuity is a very liquid investment with no upfront costs. You can hold the annuity in Swiss frances or switch to a variety of foreign currencies including US dollars. All interest earned by the investment is tax deferred until the funds are pulled out or when annuitized. The Swiss Secrecy Law applies to Swiss annuities, making this investment as private as a Swiss bank account without Swiss withholding taxes. Swiss annuities are protected by Swiss law against lawsuits and creditors. The Swiss insurance industry has enjoyed a 130 year history of always meeting their obligations and no Swiss insurance company has ever closed their doors. Swiss insurance companies are known for very conservative balance sheets and invest primarily in Swiss investments. If you have a minimum of $10,000 to invest, a Swiss annuity should differently be part of your investment Portfolio. If you are interested in receiving more information on Swiss annuities, send email to: phatrch@primenet.com, with your name and mailing address. A Swiss Investment Counselor who has been introducing international clients to Swiss investments for over two decades, will mail you a detailed package of information. Harry
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 109296,995608c458033e1d,start X-Google-Attributes: gid109296,public From: phatrch@primenet.com (Harry E. Brown) Subject: Swiss Annuity Facts--Free!!! Date: 1995/07/30 Message-ID: <phatrch.21.0031FB61@primenet.com> X-Deja-AN: 107199911 organization: Primenet newsgroups: ca.seminars