The Daily Omnivore

The American Preppers Network (APN) is a non-profit corporation and part of a growing international movement of survivalists who call themselves ‘preppers.’ The social network is organized by state and regional blogs and forums. The members are volunteer contributors who are dedicated to providing free information on survival, preparedness, self-sufficiency and sustainability. The individuals involved in the prepper network prefer to be called preppers instead of survivalists because they are regular people with normal lifestyles and jobs who prepare for a variety of reasons whether natural or man-made.

The network of blogs is based on the concept originally created by Riverwalker of the ‘Stealth Survival’ blog, who founded the first Preppers Network. The organization has also formed alliances with independent affiliates such as ‘Pioneer Living Survival Magazine,’ a homesteading and survival skills website for a range of survivalist, from those who just want to store extra food in case of a power cut, to people who want to embrace the ‘off the grid’ lifestyle of America’s western pioneers.

In North America, a tax shelter is generally defined as any method that recovers more than $1 in tax for every $1 spent, within 4 years. Some tax shelters are questionable or even illegal such as offshore companies that exploit differing tax rates and legislation. Others are part of financing arrangements; by paying unreasonably high interest rates to a related party, one may severely reduce the income of an investment (or even create a loss), but create a massive capital gain when one withdraws the investment. The tax benefit derives from the fact that capital gains are taxed at a lower rate than the normal investment income such as interest or dividend.

The offense of these questionable tax shelters are usually that transactions were not reported at fair market value or the interest rate was too high or too low. In general, if the purpose of a transaction is to lower tax liabilities but otherwise have no economic value, and especially when arranged between related parties, such transactions are often viewed as unethical. Continue reading →

Private equity, in finance, is an asset class (investment strategy) consisting of equity securities (stocks) in operating companies that are not publicly traded on a stock exchange. A private equity investment will generally be made by a private equity firm (which specialize in just private equity), a venture capital firm (which invests in start-up companies), or an angel investor (an affluent individual who provides capital for start-ups). Each of these categories of investor has its own set of goals, preferences and investment strategies; each however providing working capital to a target company to nurture expansion, new product development, or restructuring of the company’s operations, management, or ownership.

Among the most common investment strategies in private equity are: leveraged buyouts, venture capital, growth capital, distressed investments, and mezzanine capital. In a typical leveraged buyout transaction, a private equity firm buys majority control of an existing or mature firm. This is distinct from a venture capital or growth capital investment, in which the investors (typically venture capital firms or angel investors) invest in young or emerging companies, and rarely obtain majority control.