The Unbiased Guide to Expat Investing
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!
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!
Our brain instinctively defaults to addition and complexity when problem-solving. Understanding how this knee-jerk reaction messes with your finances will help you increase your wealth and reduce your stress. Who doesn’t want that?
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.
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.
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.
Everyone has a plan until they get punched in the face. When the stock market suddenly falls dramatically, it can feel like your dreams of retirement are getting punched in the face and the gut, maybe a karate chop on the back as you go down also.
Who would benefit from this post? Share here: Share on facebook Share on linkedin Share on twitter Share on whatsapp Share on email Listen to Steve debating the trustworthiness of financial advisors… with the king of financial advisors. Recently the CFA Institute (which oversees the Chartered Financial Analyst qualification) released an interesting survey suggesting …
Here’s a complete overview of investing by yourself, from mindset to transaction fees. If you go it alone, you’re going to have to find some knowledge and discipline. It’s worth it though, to avoid the hidden fees and exit penalties in the plans sold by most UAE banks and financial advisors. It has never been easier to invest cheaply and effectively by yourself.
This week, I explain how to invest with index funds and ETFs. There’s only space for 300-400 words, so this is probably the most concise guide I will ever produce. I had to leave a lot out, but what you’re getting here is exactly “the essentials”.
Reader question – what to do if you find yourself trapped in a long-term savings plan.
Having invested into equity and bond funds over the last two years I can no longer put money regularly into my savings plan. I have some US$100,000 invested. What should I do?