My Financial 20s

I got a question from one of my readers about how young people can take control of their money and their lives and she wondered about what I did successfully and what I would have changed about my twenties. It’s an excellent question! My Financial 20s: What I did right Paying off Student Loans I did quite well in my 20s financially speaking because I paid off my student loan debt as quickly as possible…

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Is it too Late to Start Investing?

I answer the question of whether or not it’s ever too late to start investing in this short video. For everything expat finance, check out Andrew Hallam’s excellent book, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat.

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Reviews of The Wealthy English Teacher

wealthy English teacher

So far, people seem to like my second book which I published a couple of months ago: The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future. Here’s what people are saying from a post over on my other blog: Reviews of the Wealthy English Teacher. Check ’em out and for even more good stuff for ESL teachers trying to figure out their finances, go to the website: The Wealthy English Teacher.

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Offshore Brokerage Accounts: Sketchy?

offshore investing

Are Offshore Brokerage Accounts Really Sketchy? A reader question: My friends wonder if I’m doing something really sketchy when I mention that I’m opening an offshore brokerage account. Is this stigma justified? Is it perpetuated by Tax Authorities to discourage people from opening them? My main two questions that I need answered are: am I doing anything illegal (if the $ is from a legal source)? If it’s such a good idea, why doesn’t everyone…

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Where Retirees Should Invest

tropical island

Where retirees should invest if they are going to live abroad A reader question: “I’ve heard that one needs to consider where they want to retire when purchasing investments. If someone is unsure, but knows it will likely be a nice warm developing country, how might they want to adjust their portfolio?” My Answer: Don’t Worry about it! This is indeed a good question, but it is not something that you should worry too much…

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Andrew Hallam and Dividend Paying Stocks

dividend stock

I know that many people who read this blog also like Andrew Hallam who writes about expat personal finance and investing. The other day someone who had read, The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future and had checked out the Dividend Monk’s site wondered why Hallam only invests in index funds and not dividend paying stocks and Hallam was kind enough to message me with his answer: “Great topic for discussion.…

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Why doesn’t Andrew Hallam like Dividend Paying Stocks?

andrew hallam

A reader question: “After reading your book (The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future) and being on the Dividend Monk’s site I was excited to see what Hallam would say about quality dividend stocks (strong fundamentals, history of increasing dividends, etc) in The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat. However it seems like Hallam dismissed them quite quickly, saying that they didn’t earn as well as…

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The Wealthy English Teacher

wealthy English teacher

The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future is available on Amazon in both digital and print formats. You DON’T need to have a Kindle to get the digital version, but you can get the app from Amazon and read it on any smartphone, tablet, Mac or PC. If you’re living abroad, teaching English as a Foreign language and want to learn how to pay off debt, get started with investing and…

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Investing Books for Beginners: My Recommendations

If you’re new to the investing world, it can be a bit overwhelming to get started on the path towards financial freedom. There are plenty of helpful blogs out there, such as Mr. Money Mustache, Wise Bread, or The Simple Dollar but it can be difficult to get the “big picture” while you’re scrolling around from post to post at random. It’s perhaps a much better choice to read a book because you get the…

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Expat Investing: Resources to Get You Started

Investing in the financial markets when you live abroad can be a bit complicated due to things like currency conversions, tax laws and just fewer options for things like brokerage accounts. But, it’s not impossible and with a bit of reading and research, almost anyone can do it. Here’s where to start: Expat Investing Resources 1. Andrew Hallam’s- The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat. One of the best (and…

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Expat Brokerage Options

A common question that I get from my friends who are teaching English abroad is what brokerage I use to invest in the stock market. It can be quite complicated and a brokerage in your home country might not necessarily be the best choice for tax-related reasons. Andrew Hallam and Expat Brokerage Options The best information out there on this topic is from Andrew Hallam, in The Global Expatriate’s Guide to Investing: From Millionaire Teacher…

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What I’m Buying: VDY (Canadian High Dividend Yield ETF)

The problem that’s not really a problem I’ve talked a bit about how I’ve been sitting on almost $10,000 of cash, waiting for the market to crash so I can buy. I actually like to have all my cash invested, along with around $30,000 on the margin, so that was $40,000 I didn’t have put to good use. Now, I do realize that having too much cash isn’t really a real problem, but it was…

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The Wealthy English Teacher- Available on Amazon

 The Wealthy English Teacher: Teach, Travel, and Secure your Financial Future is now available on Amazon. It has a much bigger potential audience than my most nichiest of niche first book about how to get a university job in South Korea. I’m hoping that it’s the type of book that people really like, and tell their friends about, who in turn tell a few other people. So far, I’ve sold a decent amount of copies in…

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Top 5 Tips for Writing an Ebook

writing an ebook

I talked extensively about the process I went through when writing my first Ebook, How to Get a University Job in South Korea: The English Teaching Job of Your Dreams; check out all those posts here if you’re interested: How to Write an Ebook. Even though my second book is almost finished editing and should be up on Amazon within a few days, I haven’t talked that much about it here. The reason is that…

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Rabbit Holes and what is all comes down to in the end

I’m writing a book about personal finance for English Teachers abroad. While Andrew Hallam has this topic covered pretty well in The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat, his book is quite technical and not exactly easy reading for the average somewhat financially illiterate person. I’m taking a broader view of things and trying to target the absolute financial beginner. As I’ve been writing, what I’ve discovered is this: there…

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Writing an Ebook: it’s a big project

I’ve started writing my new book about personal finance for English teachers abroad, which I hope will have a broader appeal than my first book, How to Get a University Job in South Korea: The English Teaching Job of Your Dreams and have now realized just how serious of an undertaking this actually is. There are so many rabbit holes one could get lost in and never escape out of. Thankfully, I have plenty of…

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Why I Don’t Like Mutual Funds

I was happy to see that Andrew Hallam in his book, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat dislikes mutual funds as much as I do. It actually surprises me that more financial gurus, such as Dave Ramsey (from The Total Money Makeover) don’t jump off the mutual fund bandwagon and onto the index investing or dividend stock investing one. Anyway, mutual funds are a pretty terrible investment choice especially…

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Am I Worried About Losing All My Money in a Stock Market Crash?

I was talking with a friend yesterday and she was asking how much money I can gain or lose in a single day and if I was worried about a stock market crash, or not. Short Answer: I can gain or lose $3000 or $4000 or even more in a single day and I’m not worried about it. Here’s why: the gains or losses in my portfolio are not actually real gains or losses because…

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Book Review. The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat

Disclaimer: I was sent a free copy of this book by Andrew Hallam, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat in exchange for reviewing it on this blog. Overall, I really enjoyed it and would recommend it to any expat looking to get into the investing arena and do it right the first time, instead of through trial and error and losing a lot of money in the process. I…

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