Life in the Bahamas

The only indirect taxation is a real property tax, ranging from 0.75% to 1% for owner-occupied property and 0.5% to 1.5% on commercial property.

Bahamas
Income Tax Rate              0%

Bahamas
Corporate Tax Rate          0%  

Bahamas
Sales Tax / VAT Rate      0%

 

Living and working in the Bahamas would be probably the best place to go to not pay as many taxes. They have 0% income tax, 0% corporate tax, and 0% sales tax. So virtually they only thing I would have to take out of my check out be owner-occupied property, unless I lived in an apartment because then I wouldn't own the land and I would only have to pay for rent, for food, clothing, and healthcare. The healthcare in the Bahamas that I would choose depends on if I would have a family. I would check with the expat people. The expat people would tell me exactly what insurance I would need for any part of my life and so that if I wanted to get anything added such as dental plans I could add them in and they would find the perfect insurance plan for me.




http://www.expat-medical-insurance.com/country/bahamas/information/
http://www.doctorshosp.com/subpage.php?main_page=54&subpage=Healthcare-in-the-Bahamas

http://www.taxrates.cc/html/bahamas-tax-rates.html
 http://www.nationsencyclopedia.com/Americas/The-Bahamas-TAXATION.html#ixzz2jypmDo4x

BlackJack

"Common in and take a seat. Here's your chips." Kapptie said as I took the handful of chips and sat down completely confused. Everyone gathered around the table after they placed their backpacks on the other side of the room. I kept wondering what was going on but again no one knew.
"Today we are going to play blackjack. If you know the rules great and if you don't, oh well." Mr. Kapptie smiled and for a second I thought that he was kidding, but by the end I found out that he was completely serious. For the first round I sat out. I didn't know the rules of the game and there was no way that I was going to just 'wing' it. As I sat out I watched, and yet still didn't understand. I played the first game and lost because I went over 21. After I began to think lower numbers are better I started to win. I never went 'all in' because I was still completely unsure of how to play the game. I knew we had to play four hands to even be considered in the winning circle so after I played my four I went out. Although I only hand 11 chips, and didn't think I was going to win I still went out because everyone with the high number of chips went 'all in'. I thought, well there is still a chance that I could win, but I want to play it safe. After they played that hand we had no time left and even though I didn't win that's just fine with me. It taught me a couple things about stock, and that's all that really matters. :)

My stock and Investment

The stock that I bought that is a trade is Quicksilver. I bought this stock as a trade because it's a brand name just like mossimusso. The clothes that were really expensive and now are very cheap. I believe Quicksilver is a dying clothing brand. It picks up in the winter because Quicksiler is/was made like the brand "Burton" to be for winter apparel. "Burton" also makes other clothing for summer and is expensive. I researched and now believe that "Burton" has made Quicksilver "go out of style". The cool brand to wear is "Burton" and Quicksilver makes you look cheap because it's cheap. I bought it at the beginning of the school year and short sold it when it first snowed. (Snow was my catalyst). 

The stocks that I bought as investments are Cree and life-point hospitals. I bought Cree lightbulb company as an investment because we will forever need lightbulbs and the more energy efficient the lightbulbs are the more successful the company is. Cree was me of the many lightbulb companies that bettered themselves by finding more energy efficient way to use lightbulbs. No one wants to live by candlelight anymore, so in my thinking lightbulbs are a safe investment. My other investment is life-point hospitals. Hospitals will never go away. We invest our lives into hospitals, if we get sick, we go to the hospital, when people get to old, we send them to the hospital, to hopefully get treated. When you need a shot or surgery you need a hospital. Life-point hospital is based out of Florida and California and helps many people around the community and really anyone who walks into the hospital is welcome.   

October 20%

I did get what was set out to be done in the month of October. My goal was to get at least two stories and I got exactly two and videoed and set up on youtube. the only problem I encountered was the Morgan couldn't make the meeting so I had to meet with the two elderly alone, which was fine. Another problem I had was in the video there isn't perfect sound like I wished to have and there is no real 'video' just the sound. My goal by the end of November is to have the video set up and done and posted publicly on youtube and hope fully get at least 10 views that aren't all mine.