Which Currency Should You Pick For Your Diversified Portfolio Of Index Funds?
Imagine this for a moment. You’re a young, single person walking along a path and you stumble upon an ancient lamp with instructions on the side. “Rub me,” it says, “and your dreams will come true.” Curious, you rub that lamp and a genie appears. She offers one thing.
Would Index Funds Keep Pace With The Forbes 400 Richest?
Imagine this: You wake up one day to find a letter in the mail. One of your distant relatives had robbed an Egyptian pharaoh’s tomb. There’s no official record of your ancestor’s crime or wealth. But a secret organization now deems you the heir. Best of all, the windfall is a cool $2 billion, and it’s completely tax- free. This would put you near the bottom of the Forbes 400 list.
Are Women Better Investors Than Men?
Whenever I give financial seminars, married women often say, “My husband looks after our money.” That doesn’t surprise me. After all, men score higher on financial literacy scores. That’s according to findings from the 2018 TIAA Institute-GFLEC Personal Finance Index report.
Are Financial Health and Physical Fitness Joined At The Hip?
After feeding her 2-year old daughter, 35-year old Yasmin Sewgobind walks up to the pull-up bar that hangs in her home. She does a total of 35 pull-ups: 5 sets of 7 repetitions each. She then does a short yoga routine. After that, Yasmin quickly showers, drops off her daughter at a nearby nursery and drives to work.
How a tiny 1% charge could destroy your retirement plans
There is only the slither of a difference between a comfortable retirement and one that is a bit of a financial struggle. The difference can be as little as 1%. Seriously. It doesn't sound much, does it? That 1% is a tiny figure.
Look out, there are sharks about! Rogue traders, internet fraudsters, ‘put-your-hands-up-and-gimme-de-money’ heisters... They’re out there somewhere and they’d all like to get their hands on your hard-earned cash.
Banking Offshore (Part 2)
Offshore banks - fees and charges
Expats will find that by and large there are no standing charges for using an offshore bank account. (Local bank accounts tend to have a tariff for everything after the welcome handshake!) You will, however, incur costs for what’s termed ‘additional services’, for example bank drafts, stopped cheques or foreign currency payments.