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!
I have found a way for people to save and invest cheaply and flexibly. All that remains is to get your psychology handled. This is simple, but not easy. You have to train your brain to accept that yes, you will become great with money, you will stick to the path and you won’t let your monkey mind get in the way.
The end of service gratuity is a relic of the old UAE that, along with the one/two rent cheque, hasn’t quite gone the way of the dinosaurs yet. Before we get to the main message, two useful side-notes: The gratuity is based on your basic salary, ignoring any housing/travel/school allowances. Negotiate any new contracts accordingly! …
Financial advisors are often trying to get expats to invest in long-term savings plans. They sound good in theory but 99% of the time they are completely inappropriate. You will probably either make unimpressive gains or lose money. So just say no and tell your friends to say no too. Here’s why. Almost no financial advisor on commission is going to tell you this, which is why I have to.