Recent content by sagenx

Go for it! As an ex New Yorker of 10 years and now living in Cape Town, I would say go for Thailand, great place, land of the smiles. You will never look back, sorry been to New Jersey and it is no Thailand. Americans are really nervous about moving overseas, but those that do, often dont...

Here in South Africa death and inheritance taxes are very high and the process is long and costly provided it is not the spouse that is inheriting, ie kids, grandchildren etc, so if you wealth is of an amount where taxing is going to be a problem, trusts have to be set up to avoid the mess...

Thanks Thanks for the tip, I am all for it, now just have to convince the wife that its called living according to your means as opposed to being a cheap you know what

Good advice Thanks for the tip, its good to hear from someone who has been down this road before. The only thing is that I am making a very concerted effort to train people so that it runs itself. I am based in South Africa, so law suits are not a problem, its difficult and expensive to sue...

yes but, The thing is, I am not really a businessman, but I kind of figured it out as it went and although it was bumpy for a year or two it smoothed out as I started to figure it out. I have no financial background and just started reading up on the stuff as I needed it, but as I watch my...

Am I right in saying that having your own business is the quickest way to Early Retirement. I am 37 and have had a business for several years now which is starting to run on its own. Although my net worth is technically along way off from being able to support me in ER, my business should soon...

A year off! I started my own business about 4 years ago, I am 37 now and married with one young child. We did well out of the property boom and now are renting with the proceeds from property and the business leaving us with no debt and enough money to live on for five years at our current...

waves! Hi, if your surfing safari passes South Africa, let me know, I am always up for a few waves and can show you some spots!

Hi, I will have to read your posts on Firecalc, not to sure what that is. The money market rates are good, you can get a gov bond 1 year for 9%, as we have high interest rates here, but have to be careful of the depreciation of the Rand as it does the opposite of the dollar and is linked to the...

Hi, i am based in South Africa, Seychelles are a popular tourist destination for us. Basically two islands and both very small and remote. Beautiful but very remote and very quiet. If you could live there for say six months and then spend six months in a city you would be okay. Mauritius is...

Hi everyone, glad to find this forum. New to investing, and looking for lots of advice. I see there are not too many foriegners, actually I am an expat American based in South Africa originally from Cincinnati early days and later NYC. So here is my quick rundown. . . 36 married, one child...

Hi, i am 37, American but living abroad, in South Africa. Saved nothing until I was 31 and then got the chance to work in a tax free environment offshore where all expenses where covered. Managed to save most of that money and used it as a bravery cushion to try my own business and also invested...

Hi, I own a recruitment company. My advice is that is okay to decline an offer that you have already accepted provided that you immediately get in contact with the person that hired you and let them know. No company should wish to hire someone who is not looking forward to starting there. If you...