Does anyone know who Peter Taradash (Grandpa /Pugi) is and what happened to him?

[diro]

I’ve never looked at it that way that the person you love could be one of the biggest threats to your wealth, nor have I considered it with friends or business associates. It’s time for me to learn this.

 

[Nicholas Van Orton]

@peter taradash Very interested to know about a couple examples of those "financial services organizations" that delivered the full 'banking and lifestyle' experience. Even if it's not the actual one you might have used, a hint on similar providers would be appreciated.

@Martin Everson Dear Martin, maybe you could be of assitance, also?

Thanks,
NVO

 

[diatessaron]

Quit yapping and show me the money old man!

 

[peter taradash]

Very interested to know about a couple examples of those "financial services organizations"
Can't give you names but look for the established ones in- Singapore, Cayman, Bermuda, Bahamas, Serbia, Lithuania, etc.
The ones in Switzerland & Liechtenstein used to be good, but once they caved in to Big Bro, not anymore -if you want privacy & discretion.

 

[dany]

Can't give you names but look for the established ones in- Singapore, Cayman, Bermuda, Bahamas, Serbia, Lithuania, etc.

too broad to work for anyone looking for a good bank.

 

[peter taradash]

too broad to work for anyone looking for a good bank.

Ok. Specific? Go to the biggest financial institution in the country that accepts foreigners. For me personally, I would also want a respectable institution to have been in existence for at least 25 years.

 

[uranium]

Ok. Specific? Go to the biggest financial institution in the country that accepts foreigners. For me personally, I would also want a respectable institution to have been in existence for at least 25 years.

25 years of existence I agree on this part although we seen what happened to credit suisse
Biggest: not really, the big have hundreds of thousands of customers so you won't really get that top notch customer service. From what I have seen especially in Switzerland, the family owned banks are usually the best but starting from 5mil.

 

[peter taradash]

Sure, big banks go bust once in a while, but the *2 big 2 fail" ones are usually taken over by other banks & the customers dont lose anything. <When the new itsy bitzy banks get robbed by their fly by night founder/owners, the customers get nothing. So sure, all banks are risky and I prefer to do biz with none of them. But if you need a bank, a big reliable one with a good rep is still better than a new one possibly run by crooks. IMO anyway. Most of us on this forum dont have 20 million on deposit so we wont get first CLASS RED CARPET SERVICE ANYWAY.

 

[uranium]

Sure, big banks go bust once in a while, but the *2 big 2 fail" ones are usually taken over by other banks & the customers dont lose anything. <When the new itsy bitzy banks get robbed by their fly by night founder/owners, the customers get nothing. So sure, all banks are risky and I prefer to do biz with none of them. But if you need a bank, a big reliable one with a good rep is still better than a new one possibly run by crooks. IMO anyway. Most of us on this forum dont have 20 million on deposit so we wont get first CLASS RED CARPET SERVICE ANYWAY.

I personally hold only stocks with banks, I don't have big amount of cash with any bank. So in case they go bust, I simply transfer stocks to another bank.

 

[Martin Everson]

When looking for a safe bank no matter the jurisdiction do the following:

1. Pay attention to its financial especially the balance sheet
2. Ensure the bank has been labelled a systematically important bank in its jurisdiction.
3. Ensure there is no Russian or China involvement unless bank is located in those countries.

In short you want a bank that avoids economic and geopolitical risks. So for example the UK lists the banks that are systematically important to it below.

https://www.bankofengland.co.uk/pru...ber/2022-list-of-uk-firms-designated-as-osiis
Or at a global level any bank on list below:

https://www.fsb.org/2023/11/2023-list-of-global-systemically-important-banks-g-sibs/

 

[lory]

When I look at your YouTube channel, I can’t help but chuckle. We’ve gone from tax havens, offshore companies, and tax optimization to now making potato pancakes.

That’s quite a career shift you’re making in your later years.

But as long as you’re healthy and enjoying what you do, I wish you all the viewers you can get. I hope your channel brings in a bit of money so you can enjoy whatever it is people do at 86 years old.

That's a cool video

 

[clemens]

1. Pay attention to its financial especially the balance sheet
2. Ensure the bank has been labelled a systematically important bank in its jurisdiction.
3. Ensure there is no Russian or China involvement unless bank is located in those countries.

These are really good steps to check if the bank you've chosen is financially strong and not the next one to collapse. It does require a bit of research to begin with, which many people probably don’t do. I will be using this tactic from now on.

 

[cuno]

Dr. Peter Taradash (pen name or pseudo name)

Do you have a PhD in real life, and if so, in what?

 

[Houdini]

I personally hold only stocks with banks, I don't have big amount of cash with any bank. So in case they go bust, I simply transfer stocks to another bank.

very good advice, I read it in a few threads and it makes very good sense if you don't wanna risk your money.

 

[cuno]

How secure can one be when only holding shares in a bank, that they cannot be confiscated, and that one can simply move them if the bank goes bankrupt?

 

[LuganoLugano]

I was a client of Peter for a short time. His libertarian strategies are solid and taught me well. Tactics change with the trends though. You hear the latest from people in their 40's and 50's on the inside.
Can confirm that PayPal address was his (or his wife).
I paid him cash on the spot, because I had my doubts, but it was a good meeting with some useful principles.
There was a slight hiccup after and I didn't use his services anymore for that reason.
Seen his age, I hope he's doing well. Philippines is a fun place to retire. SSRV visa.

 

[peter taradash]

28 Feb 2025: This is Peter Taradash; age near 90 ; now in the Philippines
-- as always escaping EU winters; Am fully retired for over a year.
That seems to be me in Campione on right side of pic.
I like Offshore Corp Talk as I get lots of good information from it.
Happy to meet any Offshore Talk people in Manila for a beer or lunch.
I don't recall getting cash from a new client in 2024,
but maybe I did.
My son (in Campione) has taken over my consulting business.
Wm. keeps busy servicing his clients & doesn't seek any more.
He is into bitcoin and stuff. We used to make interesting videos for YouTube together,
-- just for fun. I need a lot more subscribers to make even a pittance from them.
See: https://www.youtube.com/grandpa+86+how+i+almost+became+a+mafia+boss.
We may resume these videos when I get back to Europe. Cordially, P.T.
PS: I have a bunch of formerly $300 CDs of my "collected works" left over. A few kept in Manila.
As CDs are no longer popular or saleable you can have one set of 2 cds free or for Eu10- postage
& handling.

 

[bubbledouble]

See: https://www.youtube.com/grandpa+86+how+i+almost+became+a+mafia+boss.

the link does not work
Are you still allowed to fly when you're almost 90? I thought airlines were very strict and critical about these things.

 

[JackAlabama]

the link does not work
Are you still allowed to fly when you're almost 90? I thought airlines were very strict and critical about these things.

they wont deny a fit elderly gentleman booked a business or first ticket.

 

[peter taradash]

Sorry about the link to my videos on YouTube"
This should work: www.youtube.com/@Lucky2balive888
Are you still allowed to fly when you're almost 90? I thought
airlines were very strict and critical about these things."
So far, I have not had any problem. Nobody has ever
made a fuss about my age on airplanes even though I ask for
& get wheelchair assistance at airports. Why?
Because if there are any stairs to climb, or long walks
that have to be done in a hurry, I can't make it any more.
A minor advantage travelling is that they give me
priority so I clear customs & immigration faster,
without standing in line.

In Europe there are very few advantages of
being a "senior citizen."

Here in the Philippines, there are a lot more
privileges for the elderly (over 60!) -- like a discount
on groceries & restaurant food &
almost everything else. Movies are free
on Mondays. You get priority at government offices,
hospitals, on public transport, elevators, etc.
So Manila (or anywhere in this country)
isn't a bad place to be "old."
One weird law here is that over 75 you don't go to jail
for anything unless you are a "danger to the public."
Gucci who served a year for tax evasion in the USA
when he was over 80 would have gone free here.