As an expatriate worker (i.e. working in a country other than my country of citizenship and more often than not in a third world country), I face different constraints and benefits than the average Joe when it comes to investing.
Constraints of interest (that I have faced) are:
difficulty in reliable trading caused by poor communications systems i.e. must invest in the medium/long term
difficulty with time zones i.e. market open when normal sleep time
difficulty with currencies
difficulty with taxes
benefits are mostly better tax-protected salaries
This subject is meant for expats to discuss these issues and to share some good investment ideas. Hopefully we can all benefit from this.
Regards,
Lost in Africa
PS I may start a model portfolio for stocks that suit our investment style. My bias is medium risk/high rewards but long term investments but I am open to suggestions. |
