Bartercard and how you can use it for your DIY Super...What is it?Bartercard is a trading system that allows you to trade with "trade dollars" rather than cash.
How does it work?Well it s just like cash you can buy and sell but only within the system, but instead of using cash you have trade dollars. See here for full details Bartercard InternationalWhy does it work?It works because the trade system joins like minded people together and saves them from spending cash. Used properly it should add about 10% to you turnover in Trade Dollars and an extra 4% or so in cash.How can it be used for retirement planning?Trade Dollars cannot be owned by your retirement fund DIY Fund (this is the case in Australia and may vary country to country), however, trade dollards can be used to pay for things that the Fund needs or has.For instance there is no problem paying for own or your employees life cover, you being an employee if you own your own company. What happens here is that whatever fund owns the life policy but the installments can be paid for by trade dollars. This could also work for things like the cost of setting up your fund. There are many examples of this type of transaction, but make sure you take good advice before putting anything into practice. I provide a number of products myself on the System see here for details bartercard products for retirement and business.
Design By George Slater, Slater Trading PTY LtdContact us here www.the-web-master.com/contact.html Tel +61 (0)8 9291 7343 Mob +61 (0)407 904 482
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