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You can transfer into a bank account from a debit card
From the bankofamerica.com site: Opening an account online is easy and takes just minutes. Make an initial deposit with a debit card, credit card or even a transfer from another bank.
http://www.bankofamerica.com/promos/jump/freechecking/
I had more fun just talking with him than I have had on any other vacation.
I hope your wife doesn't see that post.
Some are as high as $75k/month.
http://en.aroninvest.cz/?idm=datmc
Another interesting link: http://mypanamalawyer.blogspot.com/search/label/Offshore%20debit%20cards
...they gave her the check back. She asked was it denied or something, they said no, we took it out of the account and the voided check is part of your receipt.
I have seen them do that at stores here in the U.S. too.
READ the FAQ on www.panemersa.com ! WIRES will reach you soon - also all the US investors/sellers !!! obviously europe is a little bit faster ...
I don't see any mention of wires on http://panamersa.com/faq
However I do see something under http://panamersa.com/foundation
To provide convenient, secure access to benefits, Fundación Pan America will soon offer its beneficiaries a pre-paid debit card. This card is not a credit card and is unlike other debit cards, which withdraw funds from a linked bank account. The pre-paid card is a stored value card.
The card will be loaded with an amount of funds decided by the Beneficiary card-holder. The funds used to load the card will be provided by the Beneficiary and the card may only be used up to this limit so there is no need for any credit checks or references.
Just because they aren't using certain domain names, does not mean that they do not have those business functions any longer.
DS, any word on Scottrade allowing IRA accounts to become part of the Foundation?
Excellent post, DS. Thanks for the additional info.
Not every PNMS investor uses iHub. I have had a position since it was PYPR, yet had never even read iHub until a few weeks ago. Contrary to popular belief on the boards the investing world does not revolve around iHub.
I think that DS did just that and gave you some.
I haven't seen any of my money disappear. In fact, I have used some of the profits from some short-term trading that I did on PNMS to invest in other places. I am still holding long-term investments in PNMS.
This is a pink sheets stock. No one should be investing anything in it that they can not afford to lose. If you want a safer investment, stick to the blue chips, bonds, and mutual funds. If you want your money completely safe, don't invest. Investing always implies risk and the pinks are the riskiest.
How do you know that "nobody else needs to jump thru these hoops"? You have full details of all international investing everywhere? How many private foundations in Panama have you invested with previously?
I find it interesting that people would want a guarantee for a sell price 1 year to 2 years from now, get the guarantee, and then sell immediately and complain about not getting their money right away. Those that are in this for the long-term investment are not the ones that are complaining. It is only the flippers trying to make a fast buck that are.
Looking forward to the updates.
Too funny nyquist! Too funny!
Are we waiting on any brokers other than Scottrade and Etrade?
You can't order certs if your shares are in an IRA.
Well said.
Broke is a temporary condition. Poverty is a state of mind.
You should read it it shows you that 40% of Panama is under Poverty.
That would mean that SIXTY percent isn't.
AON orders do not get represented.
Day orders have a higher priority than GTC.
It is a land divy that is given in a PDR format on the PDRexchange.
Looks like the Foundation is selling bonds now too.
http://www.fundacion-panamerica.com/20EmpresasOperadorasB/CODEPAElBonoPaAmerica.htm
English translation of that page:
http://babelfish.av.com/babelfish/trurl_pagecontent?lp=es_en&trurl=http%3a%2f%2fwww.fundacion-pa....
In summary, it looks like they will be known as BPAs (Bono Pan América). Each one costs $2,500. There are 1-yr bonds that have a yield of 5.09%, 3-yr bonds that have a yield of 4.85%, and 10-yr bonds that have a yield of 5.24%.
Since when are ATM fees classifed as a deduction for Cap/Gains/Losses. Brokerage fees...ok.
I don't know about you, but I have never before had a stock investment before that paid out gains in a debit card. The transaction fees to use those gains seem very similar to fees from a broker. Since you know it all already, you don't have to contact a tax professional, but I would just to make sure.
May your investments prosper.
Companies can not tax, only governments can. The company might charge a fee, but that is different than a tax. IANAL, but it would probably also be usable when calculating your capital gains, so that your actual taxes might be a little lower due to the fee. Consult a tax professional.
You would owe taxes on it regardless. It is the taxpayer that is responsible to report all income. If you do not, it is called tax evasion. If you exchanged for PDRs and sold them, you already made a very nice profit. Pay your taxes and don't be greedy. It would make no sense to then evade your duties as a citizen and then trade your profits for some Federal prison time.
No, the guarantee is that each 1-yr PDR will be worth at least .02 per underlying share, or $200 per PDR, and that each 2-yr PDR will be .04 per underlying share, or $400 per PDR. Some people have already converted their shares to PDRs and sold them for $100-120, which equates to .01-.012 per underlying share.
The guarantee is only for the PDRs. You can convert 10,000 shares into one PDR.
Did anyone notice the last two trades were 100 shares each?
If he really needs the money badly, he shouldn't be playing pinks...
...as soon as the company puts out a PR about a domain they are planning to use, he registers that name for himself...
They didn't say that they were planning to use them. They said they are using them. Read it:
Fundacion Pan America, a private foundation created in Panama on September 6, 2006, has expanded virtual trading platforms for PDR Exchange (Panama), Inc. to include the following domains...
"Has expanded", not "will expand".
Personally I don't think they need any of those names. Let's just get the .com running smoothly before moving on, but that's just my opinion.
No, they don't need all the other names. That is why this is a non-event. They do need the .com one to run smoothly since that is where all of these other ones that they registered link to.
What good news last night? All I saw was a PR about them claiming to get some new domain names. That is a non-event.
We already have 14s
No I was giving a link to the page where many news articles are linked to. Most of them were titled in Spanish.
Thanks, DeepBlue1.
What is your source?
That is much lower than the rate you get from a check cashing company here in the U.S. Payday loans are a ripoff.
If you make a huge return on this, you will no longer be in the bottom brackets...
You get taxed on capital gains when you sell, not when you spend. It doesn't matter if the money is still in the account.