Do you hold all your assets in your own name in your own country? If so, you are vulnerable to decisions your government makes about how you should behave and who gets the wealth you’ve earned.
Most people see the 2008–2009 economic crash as an isolated event. And they see governments’ large-scale money creation as a necessary antidote to this isolated event. The problem with this view is that it ignores the last 15 years of U.S. monetary history. And it obscures how today’s policy decisions will lead to tomorrow’s financial disaster.
"Offshore": The word conjures up images of something illicit, doesn’t it? That’s because governments around the world have done their best to brand the term as something that is evil and unpatriotic.
There’s a saying that goes like this: A gentleman never discusses women he’s broken up with or how much tax he’s paid. One might add: Nor what he does to stay wealthy.
I’ve just come back from my first scouting trip to Portugal’s Costa da Caparica. And I can report back to you that this stretch of coast is set to be transformed. The Costa da Caparica is set for major infrastructure and tourism investment. This area has stayed under the radar for a long time. Don’t expect this to last. There are 13 miles of pristine beach backed by undulating dunes and pine trees...20 championship golf courses within an hour’s drive...and some of the best surf waves in Europe. The Portuguese government has had major success marketing other parts of the country—most successfully the Algarve—to visitors. Now they have their sights set on the Costa da Caparica as a focus for tourism and high-tech industry development. They mean business.
Everywhere in Ireland, history comes at you in torrents. The Celtic age of wonder, mystery, and heroic deeds never seems too far away.
Whether you’re investing $10,000 or $10 million, these six factors will determine your eventual net worth.