As longtime readers know, 99% of my investment portfolio is in real estate. Yet my overriding mantra is: Diversification, diversification, diversification. It is the key to success both with your investments and your lifestyle. That’s why my real estate portfolio is very diversified.
“Think back,” my editor wife counseled… “Why, originally, did you want to go offshore?” Here in Paris Kathleen and I have more time for reflection. Separate and distant from the day-by-day responsibilities of the office in Panama, we’re more flexible in every way. Instead of rushing to the office each morning and diving into our […]
I’m preparing the program for my Offshore Wealth Summit taking place July 25–27 in Santo Domingo, Dominican Republic. And I’m adding a new panel discussion to the agenda. I’m calling it: “Plan B—How To Survive Our Age.” I don’t need to remind you of the challenges of our age. Cable news has got that beat covered.
I don’t try to predict currency exchange rates when shopping for real estate investments overseas. I focus on finding a good opportunity in a market I believe in. I don’t then wait to make the buy depending on whether the local currency is over- or undervalued relative to the currency I’m shopping with. In 2011, […]
Is Panama Still A Top Offshore Haven? I haven't covered Panama as a potential go-offshore haven in a comprehensive way in some time. After having beaten the Panama drum loudly for many years, I guess I figured word was out about what this country has to offer in the context of global diversification options. However, [...]
I Love Paris In The Springtime Lief and his wife Kathleen Peddicord have repositioned themselves this week from Panama City to Paris. Kathleen reports of their arrival in the City of Light at the height of springtime… At the round bistro table on the corner, face to the street and the sun, sat a man [...]
Why Walk Away From The US$12.99 Olive Garden Special? I'm just back from a cross-country road trip... followed by a few days in New York City. I drove from Arizona to Illinois... then hopped a flight to the Big Apple. I'm in the United States once, maybe twice a year. I don't have much opportunity [...]