The Global Expatriate's Guide to Investing: From Millionaire Teacher to Millionaire Expat by Andrew Hallam

The Global Expatriate's Guide to Investing: From Millionaire Teacher to Millionaire Expat

Andrew Hallam
303 pages
John Wiley & Sons, Inc.
Jan 2015
Hardcover
Business & Investing WSBN
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<b>Exploit your offshore status to build a robust investment portfolio</b> <p>Most of the world's 200 million expats float in stormy seas. Few can contribute to their home country social programs. They're often forced to fend for themselves when they retire. <i>The Global Expatriate's Guide to Investing</i> is the world's only book showing expats how to build wealth overseas with index funds. Written by bestselling author, Andrew Hallam, it's a guide for everyone, no matter where they are from.</p> <p>Warren Buffett says you should buy index funds. Nobel prize winners agree.</p> <p>But dangers lurk. Financial advisors overseas can be hungry wolves. They don't play by the same set of rules. They would rather earn whopping commissions than follow solid financial principles. <i>The Global Expatriate's Guide To Investing</i> shows how to avoid these jokers. It explains how to find an honest financial advisor: one that invests with index funds instead of commission paying windfalls.</p> <p>You don't want an advisor? Fair enough. Hallam shows three cutting edge index fund strategies. He compares costs and services of different brokerages, whether in the U.S. or offshore. And he shows every nationality how to invest in the best products <i>for them</i>. Some people want stability. Some want strong growth. Others want a dash of both.</p> <p>This book also answers the following questions:</p> <p>How much money do I need to retire?</p> <p>How much should I be saving each month?</p> <p>What investments will give me both strong returns, and safety?</p> <p><i>The Global Expatriate's Guide To Investing</i> also profiles real expats and their stories. It shows the mistakes and successes that they want others to learn from. It's a humorous book. And it demonstrates how you can make the best of your hard-earned money.</p>
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A "Must Read" for anyone living outside their home country… and those who want to invest efficiently

"The Global Expatriate's Guide to Investing" provides an excellent road map anyone can follow in order to build his/her own portfolio leading to financial freedom. Although the book is directed to the expat, it provides a path for anyone who wants to learn more about efficient, effective and basic investing. Andrew's writing is very light, easy to understand and is filled with direction and encouragement, as to how to build wealth over the long term for anyone, expat or other. He writes in a clear and consice manner, and his content is backed up with plenty of facts and figures, that are easily verifiable, and adaptable to one's own situation. For example, most of the scenario's Andrew uses, is for a sample portfolio held for 25 years. Using a compound interest calculator found online, one can easily adapt his numbers to any time frame to suit your own situation. Andrew does an excellent job of contrasting the facts and figures with humour, fun and anecdotes, so as not to bore and weigh the reader down with data and tables. He makes very clear that there is no "get rich quick" solution, and strongly discourages following the latest financial fads, but instead, suggests choosing one of a variety of portfolios based on low cost index investing. As anyone who follows Andrew's blog will know, Andrew speaks out vehemently against the high priced and inflexible investment schemes that are regularly pushed on expats, earning the advisors, and the insurance companies, exorbitant commissions. Andrew continues with this theme in this book, showing with actual data how such high fees can virtually demolish retirement planning. Most likely, Andrew's outspokenness on this matter has cost the insurance companies a significant amount of busines; in fact, it wouldn't be surprising if those promoting these high cost products, write negative reviews, criticising Andrew's data in an attempt to undermine his credibility. Should that be the case, I would recommend that one buys his b...

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About this book
Pages 303
Publisher John Wiley & Sons, I...
Published 2015
Readers 3