Coming to America: Interactive Brokers now accepts UAE dirhams!
Interactive Brokers now accepts AED and that means… 1) cheaper investing, 2) investing smaller amounts, and 3) cheaper currency exchange and transfers!
Interactive Brokers now accepts AED and that means… 1) cheaper investing, 2) investing smaller amounts, and 3) cheaper currency exchange and transfers!
Discover how to invest in stock and bond funds (ETFs) as an expat – cheaply, quickly and sensibly. Maximise your saving power while you work abroad!
Interactive Brokers used to charge $10 per month. As of July those fees are gone, leading to less confusion and fewer reasons to avoid jumping in and getting started. Let’s have a look at the implications.
Last week, I bought some crypto. I’m going to skip a lot of the how to, use cases, risks & FI community reactions to focus on what’s important: the psychology.
On 25 March, Vanguard launched a new set of all-world exchange-traded funds (ETFs) that are highly relevant for any expats or people living in developing countries. One of them could become the only stock fund you need in your portfolio.
Interactive Brokers is by far the cheapest brokerage for people living in developing countries. I use them myself (and I don’t have any further affiliation with them). They are large, well-capitalised and secure. The extra capital protects them against shocks, unlike Robinhood which had to scramble to raise money in January. But what would happen to your money if IB failed?
99.99% of the financial news should not change how you invest. Read it out of interest for what’s going on in the world, but don’t let it change your investment approach. Just don’t. It’s a slippery slope that leads to shiny object syndrome, FOMO and market timing, all of which will part you from your money. Let’s have a look at a couple of newsworthy events and see if they merit a reaction.
There are some questions about expat saving and investing that get asked again and again. Which is understandable – these are the things expats worry about AND can’t find the answers to easily.
In case you think the US election is the only thing people are thinking about, you can also think about investing before/during/after the results! I never expected to write about investing during the results, but here we are.
If a financial institution is holding onto your money for no clear reason, YOU NEED TO ACT FAST before the music stops.