Lump Sum Investing – is it easier to gradual invest?
This is a question I get asked a lot. It is often asked by people who have just gotten a lump sum, either due to a lay off or inheritance. This is a decision I often have to face with my expat investing clients. Should I put the money in in one go as a […]
10 quick tips for the time poor
The conventional wisdom is usually wrong in the investing world, as some of the academic data I have shared on previous blog posts illustrate. Some tips for the time poor, here are 10 misconceptions that could cost you a fortunate: 1). Property and gold outperforms equity markets. They don’t, it is as simple as that. […]
Which Jobs Pay the Most and Guarantee Millionaire Status?
I was having a conversation on Quora earlier today. One person asked, which jobs will make you a millionaire? My answer is below: “No job can make you sustainably wealthy, if you have bad spending habits. Mike Tyson made $500M, but he faced bankruptcy, and so have countless other sports and entertainment stars. Income won’t […]
Negotiation techniques: how a $5,000 a year pay rise could lead to $1M
In previous blogs I have spoken about how spending habits are much more important than income when it comes to building wealth. However, let’s say you have good spending habits, and are looking to save and invest more, to achieve financial freedom. What’s the easiest and quickest way to get there? Probably negotiation, and specifically, […]
Warren Buffett Quotes, Hamburgers and the Stock Market
Here is a fantastic quote from Warren Buffett from 1988 ““If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many […]
Will the stock market crash soon?
You have got to love the human mind. Despite all the evidence to the contrary, so many people believe we can predict the future. I often think to myself, if there is life outside of earth and they are looking down on us, they must think we are idiots for making the same mistakes over […]
How to Invest for Retirement at age 65?
In the Centre for Retirement Research at Boston College, Alicia H. Munnell, Anthony Webb, and Wenliang Hou looked at how much people should save for retirement . The paper is available here – https://crr.bc.edu/wp-content/uploads/2014/07/IB_14-111.pdf Before speaking about the finding I would say two things. Firstly, retirement at 65 is outdated. It is possible to retire […]
How to retire early
How to retire early
Retirement 4 Percent Rule
What’s the 4% percent rule in retirement
American Expats Financial Planning and Tax: 7 Top mistakes
Please contact me at adamfayed@iamgltd.com if you have any questions about this article or questions in general. Financial planning has become more complicated for Americans since 2014, and the FACTA laws. Below are some of the key mistakes made by American expats living overseas: 1). Procrastinating. This isn’t just an issue for Americans. Trying […]
DIY Investing and Platforms for Beginners: Does it Work?
DIY investing; does it work?
30 Best Investing Books for Beginners and Intermediate Learners
What are the best investing books you should read in 2020?
Can we predict future returns from the past?
Can we forecast future returns from past results? The short answer is we can’t. But there is a rational reason why equity markets outperform long-term. The S&P, Dow Jones and Nasdaq, as an example. is just the biggest stocks in America. The biggest firms though, change over time. There is a survival of the fittest […]
Property vs Stocks: Why Property Outperformance is a Complete Lie
Property vs Stocks
Financial Planning and Pensions for Expat Teachers
Last time I spoke about the needs of oil and gas workers. Teachers overseas are in a similar position in some ways but in a different situation in other words. The following points were made about oil workers but also applies to education: 1. Health Insurance Your employer should provide this. However, almost all insurers […]
Financial Planning and Pensions for Expat Oil Workers
If you have any questions about the above, my contact details are adamfayed@iamgltd.com Oil and gas is one of the biggest expat sectors in the Middle and Far East, and beyond. Quite a large amount of expats in this sector, from my experience, have complex financial and insurance needs which in some cases are specific […]
Stock Picking vs Index Funds: Is Stock Picking Ever Rational?
Please contact me at advice@adamfayed.com if you have any questions about this article or questions in general. Consider something for a moment. If you stock pick (individual stocks) rather than buying funds, you have an 80%+ chance of not beating the market over a 5 year period. That goes down to about 98%+ over a 40 […]
3 common financial misconceptions
Having lived overseas for around 7 years, I find the following, and not completely exhaustive list, are the biggest misconceptions many expats and locals have about finance: 1. Stock Markets are more risky than real estate and provide lower returns Equities are more volatile than real estate in developed countries, but on average, it is […]
Why the wealthy spend less on luxury: the 70/30 rule in finance
Why the wealthy spend less on luxury: the 70/30 rule in finance
Generali Vision Review: Charges and Problems
Generali Vision was perhaps the most commonly sold savings plan in the expat market, until a few years ago. But is the plan worth taking out, and what should somebody do who has the plan? The plan is a regular contribution plan, which can be taken out for as little as 5 years, with 25-30 […]
Life Insurance for Expats in Thailand, Singapore, UAE and beyond. How much life Insurance do you really need?
We all know that anybody can die at anytime, and if you have a dependent, you will want them to be looked after if tragedy strikes. Even if you don’t currently have children, you might in the future, or might have an elderly parent. So how much life insurance do you really need? A good, […]