Оглавление
Andrew Hallam. Millionaire Expat
Table of Contents
List of Tables
List of Illustrations
Guide
Pages
Millionaire Expat. How to Build Wealth Living Overseas
Acknowledgements
Introduction
Chapter 1 Grow Big Profits Without Any Effort
Your Investment Time Horizon Is Longer Than You Think
Why Average Returns Aren't Normal
What Is the S&P 500?
When the Stock Market Beats Real Estate
What's Inside a Global Stock Market Index Fund?
Undressing Stocks with 50 Shades of Gray
The Stock Market Stars as the Great Humiliator
Fast‐Growing Economies Can Produce Weak Returns
Bonds Are Protective Nets for Jumpers
Can You Lose Money with Bonds?
Chapter Take‐Away
Notes
Chapter 2 Don't Start a Fight with an Escalator
Yes, the Financial District Loves You!
Global Investors Getting Fleeced
Chapter Take‐Away
Notes
Chapter 3 Where Are the Customers' Yachts?
Global Investors Bleed by the Same Sword
American Expatriates Run Naked
Why Brokers Want to Muzzle Warren Buffett
Financial Advisors Touting “The World Is Flat!”
Hedge Fund Money Spanked for Its Con
Why Most Investors Underperform Their Funds
Are Most Financial Advisors Bad People?
Chapter Take‐Away and Tips
Notes
Chapter 4 Expats Should Avoid Snakes In Suits
The deVere Group Faces Trouble
British Expats: Can I Trade You That Diamond for a Big Lump of Coal?
The 10 Habits of Successful Financial Advisors . . . Really?
When Your Advisor is a Sales Commando
Welcoming Sharks into the Seal Pool
Let Me Offer You a Free Trip to the Maldives
Fees of 4.5 Percent per Year? Really, That's Nothing!
Masters of the Insured Death Benefit Illusion
Free Fund Switching Isn't a Perk
Making Millions off the General Public
Fooling the Masses with Numbers
When High Fees Meet Gunslingers
Chapter Take‐Away and Tips
Notes
Chapter 5 Self‐Appointed Gurus and Neanderthal Brains
Why Most Investors Should Hope for Falling Markets
Are You Cheering for the Right Team?
If You're Just Starting Out, Pray for Stocks to Sputter
Should You Worry When Stocks Hit All‐Time Highs?
The Only Thing That Matters
It's Not Timing the Market That Matters; It's Time in the Market
High Unemployment and High Stock Returns
What Can You Miss by Guessing Wrong?
Should You Invest a Windfall All at Once?
When Investors and Advisors Sabotage Their Rides
Are Women Better Investors Than Men?
Collar Your Inner Neanderthal
Chapter Take‐Away and Tips
Notes
Chapter 6 Investment Advisors with a Conscience
Do You Have a Ninja's Discipline?
Qualities of a Good Financial Advisor
The Advisor Shouldn't be Compensated by Commission
The Advisor Shouldn't Purchase Individual Stocks for Your Portfolio
The Advisor Should Charge No More than 1.25 Percent Each Year
The Advisor Shouldn't Gamble
The Advisor Shouldn't Buy High‐Cost Indexes
Investment Professionals Worth Considering
Index Advisors for American Expats
Index Advisors for Canadian Expats
Index Advisors for British Expats
Why Many Global Expats are Naming Their Newborns Mark
Why are the Entry Points Often High?
Chapter 7 Thirty‐four Questions Do‐It‐Yourself Investors Ask. 1. How do I Purchase ETFs or Indexed Mutual Funds Through a Brokerage?
2. What's the Best Brokerage To Use? For Americans
Other Nationalities
3. What's the Difference Between an Exchange‐Traded Index Fund (ETF) and an Index Fund?
4. Do Non‐Americans Have to Pay US Estate Taxes upon Death if They Own US Index Shares?
5. What's a Sector‐Specific ETF?
6. Should I Buy an Index that's Currency Hedged?
7. What's the Scoop on Withholding Taxes? (For Non‐Americans)
8. Will You Have to Pay Currency Conversions?
9. Should I Be Concerned about Currency Risks?
10. Do the Unit Prices of ETFs Show Which are Expensive or Cheap?
11. If I Have a Lump Sum, Should I Invest It All at Once?
12. I'm in Some Expensive Products, but They're Currently Down in Value. Should I Sell Now or Wait?
13. What If I Find a Higher‐Performing Bond Index?
14. What If I Find a Cheaper ETF?
15. Should I Be Most Concerned about Commissions, Annual Account Fees, Fund Costs, or Exchange Rate Fees?
16. How Little Can I Invest Each Month?
17. Stock Markets Are High. Should I Really Start Investing?
18. Should I Buy ETFs from Vanguard, iShares, Schwab or Another Low‐Cost Provider?
19. Can Muslims Build a Portfolio of Shariah‐Compliant Funds?
20. What Percentage Should You Have In Stocks and Bonds?
21. Could You Build a Portfolio of Socially Responsible Index Funds?
22. Why Doesn't My Brokerage Offer the Funds I Want?
23. Why Hasn't My Bond ETF Risen in Value?
24. What If My Bond ETF Is Priced in a Different Currency?
25. Are Cryptocurrencies, like Bitcoin, Good Investments?
26. Should I Buy a Real Estate Investment Trust (REIT) Index?
27. Should I Buy a Smart Beta ETF?
28. Should I Invest in Gold?
29. Don't Small‐Company Stocks Beat Larger‐Company Stocks?
Does It Really Work Like That?
30. What If You and Your Spouse Represent Different Nationalities?
31. Why Should I Rebalance My Portfolio?
32. What Are The Best ETFs To Buy?
33. What's the Difference Between an Accumulating ETF and a Distributing ETF?
34. Should I Buy An ETF or Index That Pays High Dividends?
Notes
Chapter 8 Couch Potato Investing
Don't Bonds Tie You Down?
Are You Worried That Bond Interest Rates Are Low?
Where Do You Plan to Retire?
Are You Retiring in an Emerging‐Market Country?
The Magic Of All‐in‐One Portfolio ETFs and Index Funds
Note
Chapter 9 Model Portfolios for American Expats
Do You Currently Invest with Vanguard?
Couch Potato Investing with Vanguard
Simple Investing with a Vanguard Stick Shift
Vanguard's Admiral Series Global Two‐Fund Portfolio Solutions Socially Responsible Investing
Americans Using Interactive Brokers
ETF Portfolios with Interactive Brokers
Socially Responsible ETF Portfolios
Don't Contribute Illegally to Your IRA
What Exactly Is an IRA?
Could You Retire And Never Pay US Taxes Again?
Notes
Chapter 10 Portfolio Models for Canadian Expats
Socially Responsible Investing for Canadians
Swap‐Based ETFs—The Ultimate Legal Tax Dodge
What About RRSPs, TFSAs and RESPs?
Children's Education Savings Plans
Canadians In Europe
European Country Residents not Affected By This Rule
For Most Canadians Living In an EU Country
One Drawback To Non‐Canadian Listed ETFs
Repatriation: If You Decide To Move Back
Notes
Chapter 11 Portfolio Models for British Expats
Are The Extra Commission Fees Worth It?
The Downside of Vanguard's LifeStrategy Index Mutual Funds
Portfolios of Individual ETFs: For Walking British Buddhas
How Important Is UK Stock And Bond Market Exposure?
Socially Responsible Investing For British Expats
Are You Really Ready To Do This?
Notes
Chapter 12 Portfolio Models for Australian Expats
Socially Responsible Investing For Australians
What If You Don't Want High Exposure to Australian Shares?
The Repatriation Benefit of Aussie‐listed Shares
Tax Laws: Created By The Rich For The Rich?
Now Look Deeply Into That Mirror
Notes
Chapter 13 Portfolio Models for Europeans and Other Nationalities
The Home Currency Bias
Investors Who Might Not Want Any Home Currency Exposure
Socially Responsible Investing
Notes
Chapter 14 Setting Your Bulls Eye
What's a Better Definition of Wealth?
What's This Ailment Expatitis?
Three Decades And Counting With The 4 Percent Rule
You and Your Money Can Both Last Longer
Part II Retirement or Semi‐Retirement In A Low‐Cost Country
This Personal Decision In Not For Everyone
When It's Not About The Money
Notes
Chapter 15 Retire A Decade Early In Latin America
Mexico: Hot Beaches, Cool Mountains And The World's Best Expat Social Scenes
Weather
Medical and Dental Care
Community
Safety
Affordability
Costa Rica: Happiest People, Best Wildlife And Environmental Leaders
Weather
Medical and Dental Care
Community
Safety
Affordability
Panama: Idyllic Islands, Popular Mountain Towns and Retirement Discounts Galore
Weather
Medical and Dental Care
Community
Safety
Affordability
Ecuador: Friendly People, Great Climate, And An Ultra‐Low Cost Of Living
Weather
Medical
Community
Safety
Notes
Chapter 16 Retire A Decade Early In Europe
Portugal: Crashing Surf, Gorgeous Scenery and Europe's Best Weather
Home Sweet Home
From Canada to Portugal for an Easier Pace of Life
Safety
Medical
Community
Spain: Spectacular Beach Walks and Skiing In The Same Day
Aerobatics Pilot Chooses To Fly
Couple Enjoys Life on Less Than €9000 a Year
If You Don't Have A Pension, How Much Money Would You Need?
Weather
Medical
Safety
Eastern Europe:The World's Best Low‐Cost Secret
Climate and Safety
Why Georgia's Becoming The New Hot Spot
Notes
Chapter 17 Retire A Decade Early In Southeast Asia
Retiring In Malaysia: Beauty In The Sun
Can You Handle The Heat?
Top Quality Medical
Community
Safety
Affordability
Retiring In Thailand: The Land of Smiles
Weather
Medical
Community and Safety
Affordability
Notes
Conclusion
Discount Book Orders and Speaking
Low‐Cost Retirement Country Resources. Climate Choices
Social Considerations
Cost of Living Comparisons
Residency Requirements
Temporary Visas For Digital Nomads
Co‐Working Spaces
Accommodation Sites
Nomad Resources:
Co‐Living
Apps for Safety
International Health Insurance Companies
Online Local News In English
Mexico
Panama
Costa Rica
Ecuador
Portugal
Spain
Georgia
Estonia, Latvia, Lithuania
Thailand
Malaysia
Index
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