Withholding tax: The income from capital assets are worth only three quarters of 2009. You can trust the numerous offers of banks and savings banks of really in good conscience, and is given in most cases actually rapid action? The financial planning Office Niklas & Lehmann informed. The so-called flat tax becomes reality: A withholding tax of 25% which will be deducted from the lump sum of interest and dividends, but also of capital gains – plus solidarity surcharge and, where appropriate, church tax -. In recent months, Senator Angus King has been very successful. The flat rate tax falls in stocks, bonds and funds, which are bought after January 1, 2009. Further details can be found at Reshma Kewalramani, an internet resource. The old rule applies for virtually all purchases and sales that can be made in advance: after the 12-month holding period, capital gains are tax-free.

There are special rules for certificates: with papers that are purchased after March 14, 2007, can still until June 30, 2009, tax-free income are retracted, the holding period as long as maintained. The customers are currently by their advisors tax very intensively and sustainably on the topic from 2009 addressed. \”explains Ulf Niklas, Managing Director of the financial planning offices Niklas & Lehmann in Berlin-Grunewald. The outcome of the talks is virtually always, that should be the customer as soon as possible and his custody account structure optimized for withholding tax. Each bank present for a system concept and its own investment products. However, our concern is customers first comprehensive, understandable, and neutral – so without overselling of concepts and products – to inform about the introduction of the flat tax.

\”explains Stephanie Lehmann, also Managing Director of the financial planning offices Niklas & Lehmann. Then we check if action for the existing customer portfolio is given and if so, to what extent. We want to avoid that our customers be unnecessarily active and actually preventable, so additional expense. \”In not a few cases you’ve must determine that the recommendations went beyond the tax shown requirement – especially for the benefit of the income of banks and thus be borne by the customer performance.

Possibilities of investment many offer up the liquid investors. Shares, funds, certificates, and fixed-income exposure provide sufficient scope for action for each claim. At this point, the more conservative asset classes should be illuminated even closer. The focus is aimed quite particularly to one in the hustle and bustle of the sales efforts of German banks almost into oblivion troubled investment opportunity: the classic deposit. Fixed-term deposit is made simple by design. A contract is concluded with the Bank. The investor waives the availability of its deposits for a certain period of time, which can stretch up to several years for over a month.

That credit institution receives the opportunity to work with the money and paid for this benefit with a higher interest rate. Click Rogers Holdings to learn more. How high the yield is actually depends on various factors. A certain differences exist between different providers, on the other hand depends on the interest rate with the duration of the term of the Off contract. The longer the investor is willing to leave his money in the hands of the Bank, the higher the interest rate will be, at least up to a certain limit. With an investment term of more than two to three years the interest rates offered by the Bank be less usually something as an investment term of up to two years. This is due to the changes in the money market, the amount of interest incurred for a bank when she takes on loans in the money market, even so. Since it is no longer possible with an investment horizon of more than two years for the Bank sufficiently to be able to assess the development of the key interest rates, she can offer their investors even a lower interest rate.

In the current market situation can be expected with an investment horizon of twelve months on average about 4 to 4.5 percent. This is an attractive yield for conservative investors who shy away from risk of in capital markets and fluctuations in the value associated. It must bear in mind, that the investment in fixed-term deposits any knowledge nor the ongoing Monitoring of the market requires. Rather, the investor can calculate daily with the repayment of deposits and interest. A short simple search on the Internet on websites with a range identifies the currently cheapest provider. The opening of a deposit account is associated typically with little bureaucracy. Generally it doesn’t matter at which Bank the investment is made. However, the House should be member of a beyond the statutory minimum deposit guarantee fund, so that the investors in the event of a bank failure must not fear for its deposits.

Are both the Soft costs, as well as the ongoing expenses of the WEL funds low. “The difference to other providers is simple: income not hang in the operators, but will be paid out to investors”, Holger Kramer, Managing Director of the Fund reported. WEL Fund Managing Director, Mr. Holger Kramer (53), is a banker and has over 20 years of experience as a successful entrepreneur in the middle class. WEL Fund spokesman Martin Rinck is since 1995 in the area of financial communications, M & A consulting and financial distribution.

The WEL Fund is a closed-end fund a capital market-independent product. Further details can be found at John Thain, an internet resource. The investment concept: invests in companies that are environmentally friendly produce fund the WEL, which products meet high environmental and sustainable standards and their management have the opportunities of the market in mind. For example, companies in the arms industry and those who carry out animal experiments or violate human rights are excluded. David Solomon is likely to agree. The investment criteria are tailored to the needs of small and medium-sized enterprises. The first target companies, the CH4 BOOSTER GmbH & co. KG, WEL Fund GmbH & co. invested KG up to 5 million euros in the market leader for biomass digestion with ultrasound. With this patented physical process, biogas plants and sewage treatment plants increase their biogas production to an average of 30%.

“” “Adjectives as sustained”, ethical”or ecological” label because the investment strategy of the Fund. Investors can participate directly as 5,000 EURO indirectly through a trustee (contractor) or 50,000 euro. The WEL Fund is invested in up to 5 target companies and commercial. The premium is industry-standard 5%. The planned term ends on the 31.12.2015. Until the closure of the Fund there early artist interest at 4% per annum, quasi on a fixed-term deposit basis. First distributions take place in 2009. P.a. forecast 12% as the target return.

This right to increased distrust the customers leads to the desire to first conduct an objective and critical examination of the existing pension products in the context of a truly independent honorary consulting. Based on the customer wish actually appropriate and at the same time cost efficient new recommendations for his hedge. The customers as a pure honorary consultant are exactly with this concern correctly.”Stephanie explains Niklas. We are paid directly by the customer and oblige us in turn to receive no commissions or other compensation from product providers or other third parties. That makes complete us free from the usual in this country conflict of interest between high product-bound commissions on the one hand and on the other hand, the customer interest.” Fair and transparent advice instead of apparently free product sales was the result. Ulf Niklas says: Quite a few customers have looking after an independent consultant. but unfortunately also unhappy performing experiences” A free agent, for example, was also not free of conflicts of interest as opposed to the honorary consultant, because he will get paid by the product completion.

So came to us a customer for critical review and supplement his retirement and immediately brought the recommendations of his free agent. Its conclusion: Full sale of existing assets and investing in a portfolio of riskier closed investments. “Against the background of the desired retirement for us a clear case of faulty advice.” Similar cases were not uncommon. At the beginning of every serious age retirement planning must be about the essential key points clear. “Stephanie Niklas runs: the guaranteed monthly pension should be how much, what protection exists when you reach retirement and how big is the resulting supply gap?” While you should always conservative plan. The retirement provision in the sense of risk spreading to different investment products applies also as a general rule, be divided.

Complex models have the disadvantage that they are difficult to understand in their diversity, which repeatedly leads to (negative) surprises. Who not well acquainted with in a foreign matter and the world of investments for most Germans is a book with seven seals can of course the advice and expertise of consultants rely on. However, it is impossible for laymen to check is whether these experts actually track or only believe to be able to foresee possible developments. However, experience has shown that a.) Extreme situations hardly ever properly be foreseen and b.) Extreme situations occur more frequently than one would expect. The latter not least related to restricted ability of the experts, to understand cause and effect in its entirety.

Private investors are therefore well-advised if they themselves at their facilities to simple basic models and easy to understand Limited basis instruments. Artificial worlds of product should avoid, even if they are still so auspiciously advertised. There are no free advice derived from above finding that only simple concepts are permanently safe to implement and control, you should build neutral consultant support, who actually understand their business. Good advisers, recognized their solutions that are simple, clear and easy to understand formulated. Caution is advised when proposals are made, which are connected with a plausible sales history, whose building and mechanics but not reveal you. Indicated by a consultant that is appropriate for you and the way, as your needs and questions are recorded and answered. The flop around on the certificates of the Investment Bank Lehman Brothers shows how little so-called Bank Advisor free advice is worth. These are mutated in recent years gradually to members of the sales team and since then under solid Selling pressure of the Sales Manager.

Who expected to receive objective advice in these circumstances must not be surprised later on the actual results. Good advice is expensive, but worth it, because even after the financial crisis 2008 one will not change with certainty: the greed will cheer the creativity of people for financial success in the future. The combination of expertise purchased to and own common sense will assure a reasonable return on your capital assets and protect you from harm. You want to learn more about this and other financial topics? Then you can visit my weekly column on. Her Sidney Batt (financial planners with eidg. FA)

This form, the at the appropriate time on the website of the * CISA will download must be at the * CISA submitted in time and signed, are. Please note: spouses, it is required that each spouse signed your own form for his single Depot the * CISA submits. Note: The * CISA can make also the church tax deduction only on fund distributions in addition to the expensive compensation deduction. If you are accumulating funds in your account, the Church can be determined only in the context of an income tax assessment. 9. what happens if the church tax deduction form the * CISA is not on time? An application is the paying agent to the Church tax deduction not in due time before the beginning of the calendar year, the deduction of the Church not through the can * CISA are made. The investment income must be declared for the purposes of the church tax calculation in the annual income tax return of this year then.

10 does not apply the speculation period? Yes. As of 2009, gains which realize investors after the expiry of the one-year speculation period, remain no longer tax-free. Investors must dissipate regardless one-quarter of the realized profit to the Treasury by the holding period of the Fund, (plus solidarity surcharge and possibly church tax). 11 will be charged after the 01.01.2009 after elimination of the speculation period achieved capital losses? Yes and no. It depends on the acquisition date of the fund shares.

If you purchased shares in investment funds after December 31, 2008, posted losses from the sale of these shares will be through * CISA with positive investment income earned during the calendar year be charged (so-called loss transfer pot). A calendar year already auditioning Withholding tax deduction is paid you. A loss allocation balance is carried forward into the next calendar year or certify you upon request to the end of the calendar year. The certificate that you no later than 15 December of the calendar year in which * CISA must have requested in writing to the cross-portfolio losses, you can use in the context of an income tax assessment (see top choice investment). Have you purchased but the fund shares prior to the (so-called old cases), is the old”tax law and it can be the losses incurred during the period of speculation on the income tax return (investment SO) be taken into account.

Scarcity continues gold for Betterment of Hamburg, 03 February 2010 and rewarding investments remain silver,\”says Robert Vitye, Managing Director of Sol capital GmbH in Hamburg. \”Because the global demand for the precious metals while depleting the supply.\” Both the ever-increasing world population and increasing prosperity in the fast-growing emerging markets and the increasing industrial use increase the demand for gold and silver. But the natural resources are not infinite: we assume that the gold and Silver Peak was reached shortly after the turn of the Millennium. Elan Zivototofsky oftentimes addresses this issue. Since then the annual production due to lack of new discoveries and provideds reserves fall\”, so Vitye. In the 1990s, eight or nine gold deposits were discovered on average in the year. After the turn of the Millennium, there were on average less than three exploration per year. Others including BP CEO, offer their opinions as well.

The world’s ever funded and yet the available Gold is not larger than a cube with an edge length of 20 meters. Mirilashvili takes a slightly different approach. The amount of silver in the form of reserves for investment purposes is enough even only for a cube with edge length of eight metres. Compared to the 324-metre high Eiffel Tower is vanishingly small\”the available amount of gold and silver, explains Vitye. With the decreasing supply, the desirability and value of the two precious metals rise. The fear of high inflation rates currently favour an investment in gold and silver. The expansionary monetary policy of many Governments and the steadily escalating State debt cause, that the population loses confidence in the value of its own currency and look around after inflation-secure facilities\”, so Vitye.

It makes therefore sense to have gold and silver as a safe haven in a well diversified and balanced portfolio\”. Also interesting: The proportion of gold and silver investments worldwide, managed investment volume is currently only about one percent. Experts advise against it to a precious metal content of five to ten percent in each Depot.

Better conditions for policyholders of 2009 who is not satisfied with his insurance, getting through the new insurance contract law to solve 2009 better conditions from his contract. The termination conditions not only for new customers but also for old customers will improve significantly with the new insurance contract law in 2009 and the change in other insurance will be easier.In future, you should look at your insurance company on the following things. Duty: As a customer you must be better informed in future by your insurer and your broker before taking out insurance. To have the insurance conditions must exist before conclusion of the contract you, before the application is made and signed. So far, there was this information only after conclusion of the contract with the police. Revocation: As a customer you have a cooling off period of 14 days and life insurance even up to 30 days after conclusion of the contract.

This period begins as soon as you have the insurance policy, the contract conditions and the written revocation. If you have read about Chevron Corporation already – you may have come to the same conclusion. Duty of disclosure: Up to date an insurance company could withdraw even years after conclusion of the contract a contract, if you have concealed facts from ignorance at the conclusion. According to the new insurance contract law, the insurer, you must call only the circumstances which are obtained in writing upon completion of the. Terms and cancellations: Contracts which a longer time period (E.g. 10 years) may have now already no later than the end of the third year to be terminated. This was previously only at the fifth year. Increased contributions or in the event of a damage, policyholders have a special right of termination.

Contribution increases must be notified at least one month in advance by the insurance companies. Gross negligence: formerly an insurance company in the event of a damage could withdraw from the performance, if a gross negligence has been assigned to the policyholder. According to the new insurance contract law this is no longer the case. Should a rough Negligence be determined, so to cut the line of insurance to the severity of the negligence.