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The Global Expatriate's Guide to Investing: From Millionaire Teacher to Millionaire Expat

Book Description

Exploit your offshore status to build a robust investment portfolio

Most of the world's 200 million expats float in stormy seas. Few can contribute to their home country social programs. They're often forced to fend for themselves when they retire. The Global Expatriate's Guide to Investing is the world's only book showing expats how to build wealth overseas with index funds. Written by bestselling author, Andrew Hallam, it's a guide for everyone, no matter where they are from.

Warren Buffett says you should buy index funds. Nobel prize winners agree.

But dangers lurk. Financial advisors overseas can be hungry wolves. They don't play by the same set of rules. They would rather earn whopping commissions than follow solid financial principles. The Global Expatriate's Guide To Investing shows how to avoid these jokers. It explains how to find an honest financial advisor: one that invests with index funds instead of commission paying windfalls.

You don't want an advisor? Fair enough. Hallam shows three cutting edge index fund strategies. He compares costs and services of different brokerages, whether in the U.S. or offshore. And he shows every nationality how to invest in the best products for them. Some people want stability. Some want strong growth. Others want a dash of both.

This book also answers the following questions:

How much money do I need to retire?

How much should I be saving each month?

What investments will give me both strong returns, and safety?

The Global Expatriate's Guide To Investing also profiles real expats and their stories. It shows the mistakes and successes that they want others to learn from. It's a humorous book. And it demonstrates how you can make the best of your hard-earned money.

Table of Contents

  1. Foreword
  2. Acknowledgments
  3. Introduction
    1. Notes
  4. Chapter 1: Setting Your Bull's-Eye
    1. What's This Ailment Expatitis?
    2. Cheating Conventional Retirement Rules
    3. Cooking Up the Road Less Traveled
    4. The Earthquake and the Epiphany
    5. Jujitsu Junkie Taps Out for Home
    6. Now It's Your Turn
    7. Notes
  5. Chapter 2: Building Your Pension
    1. How to Never Run Out of Money
    2. The Man with Nothing But a Backpack
    3. The Couple with Swedish-American Dreams
    4. A Front-End-Loaded Tale of Success
    5. Notes
  6. Chapter 3: The Truth about Stocks and Bonds
    1. Halloween Grab Bag Treats Investors
    2. Why Average Returns Aren't Normal
    3. Stocks Pound Inflation
    4. What Has the Stock Market Done for You Lately?
    5. Undressing Stocks with 50 Shades of Gray
    6. The Stock Market Stars as the Great Humiliator
    7. Fast-Growing Economies Can Produce Weak Returns
    8. Bonds Are Protective Nets for Jumpers
    9. Can You Lose Money with Bonds?
    10. Notes
  7. Chapter 4: Don't Start a Fight with an Escalator
    1. Yes, the Financial District Loves You!
    2. Global Investors Getting Fleeced
    3. Notes
  8. Chapter 5: Where Are the Customers’ Yachts?
    1. Global Investors Bleed by the Same Sword
    2. American Expatriates Run Naked
    3. Why Brokers Want to Muzzle Warren Buffett
    4. Financial Advisors Touting “The World Is Flat!”
    5. Hedge Fund Money Spanked for Its Con
    6. Why Most Investors Underperform Their Funds
    7. Notes
  9. Chapter 6: Don't Climb into Bed with a Silver-Tongued Player
    1. Featuring the Rip-Offers
    2. The Ten Habits of Successful Financial Advisors . . . Really?
    3. When Your Advisor Is a Sales Commando
    4. Welcoming Sharks into the Seal Pool
    5. Misled Investors Pay the Price
    6. A Canadian Investor Gets Bled
    7. Would You Like a Band-Aid for That Bleeding Gash?
    8. Masters of the Insured Death Benefit Illusion
    9. Free Fund Switching Isn't a Perk
    10. Making Millions off the General Public
    11. Fooling the Masses with Numbers
    12. Regulators Making an Effort
    13. Can Squeaky Wheels Gain Redemption?
    14. If Investors Can't Reclaim Their Losses
    15. When High Fees Meet Gunslingers
    16. A Son's Inheritance Gets Plundered
    17. British Teacher Learns a Costly Lesson
    18. Playing Soccer Like Wasps around Honey
    19. Most Investors Are Crazy
    20. Notes
  10. Chapter 7: Self-Appointed Gurus and Neanderthal Brains
    1. Why Most Investors Should Hope for Falling Markets
    2. It's Not Timing the Market That Matters; It's Time in the Market
    3. High Unemployment and High Stock Returns
    4. What Can You Miss by Guessing Wrong?
    5. When Investors and Advisors Sabotage Their Rides
    6. Popular Stocks Underperform
    7. How About the Next Big Thing?
    8. When Genius Fails
    9. Notes
  11. Chapter 8: An Employer's Greatest Challenge
    1. Fees—How Much Is Too Much?
    2. So What's the Solution for Global Employers?
    3. Notes
  12. Chapter 9: Couch Potato Investing
    1. Don't Bonds Tie You Down?
    2. Is It More of a Fling Than a Real Relationship?
    3. Potatoes Growing Globally
    4. Bonds Relative to Age and Risk
    5. What If You're Falling Behind?
    6. Profiting from Panic—Stock Market Crash 2008–2009
    7. Owning the World
    8. Where Do You Plan to Retire?
    9. Are You Retiring in an Emerging Market Country?
    10. Does This Sound Too Good to Be True?
  13. Chapter 10: The Permanent Portfolio: Growth without Risk
    1. Gold in Isolation Is a Total Loser
    2. A Disco-Era Brainchild from a Twentieth-Century Socrates
    3. This Great Portfolio Will Never Be Popular (But It Should Be!)
    4. Why Does It Work?
    5. What Has It Done for Me Lately?
    6. Notes
  14. Chapter 11: Fundamental Indexing: Can We Build a Better Index Portfolio?
    1. Like Top Basketball Players Getting the Most Court Time
    2. Index Funds That Appear to Beat the Market
    3. Investment Legend Likens Them to Witchcraft
    4. Global Fundamental Indexes Might Shelter Us from Bubbles
    5. Emerging Markets Show the Greatest Difference
    6. Aren't These Just Actively Managed Products?
    7. Notes
  15. Chapter 12: Capable Investment Advisors with a Conscience
    1. Do You Have a Ninja's Discipline?
    2. Qualities of a Great Financial Advisor
    3. Investment Professionals worth Considering
    4. Notes
  16. Chapter 13: Choosing Your Offshore Brokerage—For Non-Americans
    1. DBS Vickers Securities Opens the Door to Everyone
    2. Why You Should Avoid E*Trade Financial
    3. TD Direct Investing International
    4. Saxo Capital Markets—A Jewel with Distractions
    5. Comparing Fees with International Brokerages
    6. Is Interactive Brokers the Dark Horse Winner?
    7. Notes
  17. Chapter 14: The 16 Questions Do-It-Yourself Investors Ask
    1. Let's Go!
    2. Notes
  18. Chapter 15: Investing for American Expats
    1. Do You Currently Invest with Vanguard?
    2. Couch Potato Investing with Vanguard
    3. Couch Potato Investing with a Vanguard Stick Shift
    4. When Investors Binge on Speculation
    5. Charles Schwab Offers a Great Deal
    6. Doing the Couch Potato with Schwab
    7. Permanent Portfolio Investing with Schwab
    8. Fundamental Indexing Magic in the Works
    9. Don't Contribute Illegally to Your IRA
    10. What Exactly Is an IRA?
    11. Roth IRAs Are Different
    12. Notes
  19. Chapter 16: Investing for Canadian Expats
    1. Canadian Funds Earn an “F” for Costs
    2. Brokerage Options for Expatriate Canadians
    3. Brokerages for Canadians in Capital-Gains-Free Jurisdictions
    4. Building a Canadian Couch Potato Portfolio
    5. ETF Canadian Price War
    6. The Permanent Portfolio, Canadian Style
    7. Fundamental Indexing Portfolios
    8. What About RRSPs and TFSAs?
    9. Swap-Based ETFs, the Ultimate Legal Tax Dodge
    10. Notes
  20. Chapter 17: Investing for British Expats
    1. Expensive Firms Performing Like a Virgin
    2. Couch Potato Investing for British Expatriates
    3. British Investors and the Permanent Portfolio
    4. Fundamental Indexing for the British
    5. Notes
  21. Chapter 18: Investing for Australian Expats
    1. Fancy an Australian Couch Potato?
    2. How About an Australian Permanent Portfolio?
    3. Fundamental Indexing for Australians
    4. Notes
  22. Chapter 19: Investing for New Zealand Expats
    1. Kiwis Chilling Out with the Couch Potato
    2. Permanent Portfolio for Kiwis
    3. Fundamental Indexing for New Zealanders
    4. Notes
  23. Chapter 20: Investing for South African and South American Expats
    1. South African Investors
    2. South Africans Fry Up the Couch Potato
    3. South African Writer Likes the Permanent Portfolio
    4. South Africans Preferring Fundamental Platforms
    5. South American Investors
    6. Brazilian Investing Models
    7. Notes
  24. Chapter 21: Investing for European Expats
    1. Country-Specific European ETFs
    2. European Indexes That Investors Will Like
    3. Why Not Choose the Simpler Option?
    4. Calling Italians and the Swiss
    5. The European's Permanent Portfolio
    6. Fundamental Indexing for Europeans
    7. So What's It Going to Be—Couch Potato, Permanent, or Fundamentally Indexed?
    8. Notes
  25. Chapter 22: Investing for Asian Expats
    1. An Indian National Divulges Her Plan
    2. Asians Embracing the Couch Potato
    3. Asians Choosing the Permanent Portfolio
    4. Fundamental Portfolio for Asians
    5. Notes
  26. Conclusion
  27. About the Author
  28. Index
  29. End User License Agreement