February 2021 – Strategy and Management Consultants

Is bitcoin a safe-haven asset? Or a lie?

While checking-out of a DIY store over the weekend I overheard two young cashiers talking about investing all their savings in Bitcoins. I was concerned. Why? Fact:The price of bitcoin hit a new high of $57,505 nearly 6 times its value one year ago. Recently:In 2017, Bitcoin prices climbed 15-fold, before bubble proved unsustainable, and then bitcoin's price crashed 80% by the end of 2018. The mania:Is bitcoin "a lie," or "the stimulus asset"?Is bitcoin "a lie," or the new "safe-haven asset"? For me bitcoin is the new obsession. In the light of modern obsessions that have

by AAMEVOL February 23, 2021February 23, 2021 Leave a Comment

alternative assets, digital assets, Investment, Strategy Consulting

Why did Tesla buy Bitcoin?

Tesla has put almost 8% of its reserves into the cryptocurrency.As per Form 10-K, on page 23, TESLA states, “In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other asset

by AAMEVOL February 12, 2021February 12, 2021 Leave a Comment

HMO/Co-living, Property Consulting

HMO: Legal relevance of “proposed mode of occupation”

The power to impose conditions under sections 64 and 67, Housing Act 2004, in order to make an HMO suitable for a particular number of households or persons, can be used so as to limit the class of persons for whom the HMO is suitable. Part 2 of the 2004 Act the manner of occupation of a house and the general characteristics of occupants are considered relevant in contexts connected with HMOs and with housing standards generally. Therefore, in certain circumstances the operation of the legislative scheme will depend on the personal characteristics of the occupants or th

by AAMEVOL February 11, 2021February 11, 2021 Leave a Comment

Legacy Planning, Wills, Succession Planning and Trusts

Legacy Planning: Asset Protection

Trusts are established for many reasons. One of the most common is asset protection. The term 'asset protection' refers to the suite of legal vehicles and techniques available to those who wish to ensure that their assets are shielded from these unforeseen, or unforeseeable eventualities. Trusts were developed by English common law with the initial purpose to minimize the impact of inheritance taxes arising from transfers at death and to facilitate transfers of wealth within the family unit. Asset protection trusts have a number of significant applications for indiv

by AAMEVOL February 10, 2021February 10, 2021 Leave a Comment

BREXIT Consultancy

BREXIT: EU-UK Trade and Cooperation Agreement

Change unsettles business. "The fact is, any kind of uncertainty is poison for business, for investment, for any sort of decisions," says Mr Simonian (British Swiss Chamber of Commerce.) The post-Brexit trade deal between the UK and EU came into force on 1 January after negotiations came to a rushed end on Christmas Eve. Having a deal in place means that the fear that some goods could become more expensive has been avoided. What are the key points of the deal? Businesses offering services, such as banking, architecture and accounting, will lose their automatic

by AAMEVOL February 9, 2021February 9, 2021 Leave a Comment