2019 Credit Card Fee Survey

2019 Credit Card Fee Study:

What's Normal and What's Not?

Credit card fees are nearly unavoidable – every card has some. A better understanding of these fees, however, can help you select the right credit card for your needs and save money.

The 2019 U.S. News Consumer Credit Card Fee Study analyzed the fees of hundreds of credit cards active in the U.S. News card database, identifying average annual percentage rates, annual fees, and late and transaction fees.

Study highlights:

• Nearly 70 percent of credit cards don’t charge an annual fee.
• Of the cards that charge an annual fee, the average fee is almost $110.
• The average APR is between about 17 and 24 percent.
• The average maximum late fee is about $36.
• Ninety-six percent of cards charge a balance transfer fee of usually 3 to 5 percent, and the minimum fee ranges from $5 to $10.
• Almost 40 percent of cards waive foreign transaction fees.

learn more and read the full article here: https://creditcards.usnews.com/articles/fee-survey

At the Rotary District Assembly

Building a Unique Cash Bucket

How full is your Cash Bucket? In a recent article Kiplinger suggests that for retirees to survive a Market Swoon (Market Drop) investors should have a "Cash Bucket". The article claims: "Some advisers recommend creating three "buckets" of investments: a) cash and short-term CDs; b) short and intermediate term bonds; and c) stock and bond funds".

They go on to state: "If you've planned for the inevitable downturns (you did, right?), you should have enough in cash and cash-like investments to cover two to three years of living expenses". Having a Cash Bucket lets investors leave their portfolio intact during a downtown, allowing it to recover as the market also recovers. This is a great idea. The question is how to build up a Cash Bucket that will continue to grow over time despite market downturns.

Contact me for an innovative and unique way to protect your money from market downturns while also protecting your family. I am available to answer your questions and doubts about this versatile financial instrument in the most professional and confidential manner. You can also contact me via my website:www.fespafinancial.com/contact/

Robert H. Bull

305.733.3704

fespa@hotmail.com

The Americas Group Financial Services (TAGFS) - Announcement

TAGFS Announces The Americas Group Financial Services (TAGFS) is pleased to announce that it's licensee, TAGFS SA - Panama, has just established an exclusive strategic alliance with CrossHarbor Capital's Yellowstone Club with the objective of marketing the Yellowstone Club's EB-5 project (YC EB5) throughout Latin America to qualified foreign investors who are seeking a permanent residence visa (Green Card). The EB-5 Visa Program is a U.S. Government sponsored platform which allows foreign investors to obtain a Green Card by investing capital in a U.S. project that creates ten full time jobs. In this specific project, the required investment is $500,000. Yellowstone Club is one of the world's most exclusive clubs and the only private ski and golf community located on 13,600 acres. The Community is in the Rocky Mountains in Big Sky, Montana, near the northwest corner of the Yellowstone National Park. The Club offers 15 ski lifts with over 60 private trails and is adjacent to Moonlight Basin resort and Big Sky resort. Within the Club property there is a lodge with restaurants, a spa, retail and other amenities for the exclusive use of the club's members. Year round activities include an 18 hole golf course, designed by Tom Weiskopf, fly fishing, horseback riding, mountain biking and hiking. The Club's community has its own fire and police department. Several of the world's most renowned personalities are members and own private, exclusive residences in the Yellowstone Club; these include notable business owners, heads of corporations, investors, actors and sport personalities - Bill Gates, Erik Schmidt, Phil Mickelson, Justin Timberlake, Gisele Bundchen & Tom Brady, Ben Affleck and others (According to Google).   CrossHarbor Capital acquired the Yellowstone Club in 2009. Since then over $1.7 Billion In residential properties sales have been realized in the Club. CrossHarbor Capital is expanding the Club's Big Springs Village area through an EB-5 project. The total expansion will cost $286M with up to $140M sourced through EB-5 investors (280 investors). The project includes the construction of the Village Core with Restaurants, Retail and Spa plus 84 Condo units of which 18 have been pre-sold. Village Expansion Rendering YC EB-5 management team has extensive experience including managing the first EB-5 Regional Center in the USA. The team has processed over 600 EB-5 investors, worked on the development of eight EB-5 projects and has over nine years of direct EB-5 management experience.  CrossHarbor Capital has successfully developed $12 billion in real estate projects. Its partner Yucaipa Companies has done over $30 billion in transactions since its founding and the other partner Discovery Land Company has developed 16 world class luxury private residential communities and resorts. For further information about visa advisory services and/or information about the EB-5 visa process and other investor processes (such as the E-2 visa), or for those with other visa issues/questions please contact Robert Bull or Howard Glicken CLICK HERE.   About TAGFS The Americas Group Financial Services "TAGFS" is a subsidiary of The Americas Group "TAG" that has over 40 years of experience consulting, marketing and providing merchant banking services in Latin America and the Caribbean.  Website: www.theamericasgroupfs.com Howard Glicken TAGFS Chairman of the Board hglicken@theamericasgroup.net Tel: 305.778.1996 Robert H. Bull TAGFS President rbull@theamericasgroupfs.com Tel: 305.733.3704

TAGFS, The Biltmore, 1200 Anastasia Ave., Suite 310, Coral Gables, FL 33134

Watch out below!!!

 

Dear Friends,  

Watch out below! The stock market is having one of the worst January's in history and no one knows when this trend will end. There is only one asset that is not correlated with the stock market and/or interest rate volatility, and is guaranteed to grow tax-free every year for as long as you hold it. The asset build up within this versatile financial instrument may be used to supplement your retirement on a tax-free basis, pay off your mortgage, help with your children's college costs and there are so many other alternatives, plus your heirs will inherit any remaining funds without having to pay income tax on this part of their inheritance.

Tony Robbins in his recent book, "MONEY, MASTER THE GAME", called this financial instrument the Rich Man's Roth IRA.  You do not need to be rich to obtain this financial instruction.  The key is allowing enough time for compounding.  Alberto Einstein once said: ""Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it."

If you want to know more, just contact me. I am available to answer your questions and doubts about this versatile financial instrument in the most professional and confidential manner.  

Best regards,

Robert H. Bull

305.733.3704

fespa@hotmail.com