Category: Lifestyle Design

SEARCH

Cost of Living in Bogota, Colombia

A sample of basic household items in case you are wondering what is the cost of living in Bogota, Colombia– All prices have been converted to US Dollars at 2,000 Colombian Pesos (COP) per dollar. Cost of living in Bogota, Colombia as of August 2009 @ 2,000 Colombian Pesos (COP) / Dollar Apples,

Read More

Weekly updates

Greetings! I’m going to dive right into the questions from this week: == TRANSPORTING GOLD OUT OF THE COUNTRY == I appreciate all the comments and anecdotes in response to Tuesday’s letter about my run-in with TSA. . Based on the questions I received, there are a couple of things that should be

Read More

Panama’s real estate market

It was a nice enough place… about 1500 square feet, 3 bedrooms, nicely furnished, and even had a sliver of an ocean view. Best of all, it wasn’t in gringo-ville. “How much rent are they asking?” I posed to the real estate agent who was fawning closely on my heels. He reeked of

Read More

The Capital of Latin America

For Latin Americans, Miami has been a lot of things– the major financial center, the cultural Mecca, prime tourist destination, the business capital, and a symbol of international success. The city made its riches and opportunities available to all nationalities, reaching the point during the most recent real estate boom where one could

Read More

“Theirs”

Did you ever notice that when you put the words “The” and “IRS” together it spells “Theirs” ? How appropriate. One of “Theirs” initiatives that I pay attention to is its voluntary disclosure program. This program provides steps for people who have not reported overseas income (and bank accounts) to come clean without

Read More

My China insider

It’s no secret that China is already starting to dominate the world economy. Understanding the country, its culture, and its economic infrastructure, however, is a daunting task, particularly for outsiders.  Official reports and media accounts are hardly worth basing an investment opinion on– it’s critical to have boots on the ground. I have

Read More

Cost effective first class travel

I’m going to let you in on a few secrets. I’ve learned through a great deal of experience over the last several years about travel.  People often ask me about my travel habits because I do so much of it… and one of the common questions I get is “How much do you

Read More

Dispatch notes from Poland

Travel mishaps occur from time to time… though the airline completely losing my reservation is a new one for me. I was all set to leave Europe a few days ago when a rather unfortunate ‘booking oversight’ derailed my plans for spending the weekend in New York City.  In this case, I was

Read More

About that Croatian commando…

Remember that Croatian commando-turned-entrepreneur from dinner last night? Well it turns out he’s an aerobatic stunt pilot too… he’s got an old Soviet-made aircraft that is only designed to do one thing– be as unstable as possible. It does the trick. This morning around 11am Central European Time, we met at a private

Read More

A late dinner in Zagreb

Croatia, in my opinion, is one of the most beautiful countries in the world, and the drive down here has been spectacular.  From Budapest, the drive to Croatia took me south along highway M7, which arcs gently across Hungary’s rolling hills and hot springs. But what brings me here is not the beauty

Read More

The Truth About Nationalized Healthcare

Nationalized healthcare doesn’t work, and I’ll tell you why: I hold as my personal mantra in life that governments screw up everything they touch… and this goes for all governments, not just the United States Congress. As I travel the world looking for great opportunities, I always try to understand the quality and

Read More

What I am doing in Poland

Poland– it’s a beautiful, inexpensive country with a stable economy, gorgeous women, and fantastic food… so what am I doing here exactly? Looking for citizenship. The country has been dominated, broken apart, and put back together so many times, Poland actually has multiple nationality laws on the books for former migrants, refugees, and

Read More

What’s your breaking point?

You probably know the story of the boiling frog. The premise is simple.  If a frog is placed in a pot of water that is already boiling, it will immediately sense danger and jump out, relatively unscathed. If it is placed in a pot of cool water, the frog will happily stay in

Read More

Profit From Panama Canal Expansion

Earlier today, amid much pomp and fanfare, the Panama Canal Authority (ACP) opened the sealed bids for the canal expansion project. Audience members looked on eagerly like it was the Academy Award for best picture…  The lowest bidder? A consortium led by Italy’s Impregilo, ringing in for a cool $3.12 billion. Wait, wait,

Read More

Lithuania: There will be blood

Yesterday I wrote to you about Lithuania and all the great things it has to offer– it’s inexpensive, has second citizenship, a low flat tax, and beautiful women.  These are all great reasons to visit from time to time (and obtain a passport if you are so fortunate), but today I want to

Read More

Lithuania: the good

About a month ago I was attending a private, invitation-only meeting with some of the finest unconventional minds in finance. We gathered for three days at a luxurious oceanside resort on the Maryland coast to have an open exchange of ideas, debate our philosophies, and play poker ’til dawn.  Lobo Tigre, editor of

Read More

Argentina is still doomed

Argentina is still doomed. If you don’t know Argentine politics well, I’ll give you a quick history: the country has vast natural resource wealth and was once one of the richest in the world. It has been serially run by a group of incompetents ever since the Perons first came to power after

Read More

Anarchists in Helsinki

This always happens to me. Whether in Buenos Aires, Beirut, Rome, Bangkok, Zurich, or now Helsinki, I always seem to get caught up in some sort of protest.  To be honest, I love protests… I think it’s great when people finally have enough of the system and demonstrate their unwillingness to continue going

Read More

Panama’s Achilles Heel

We have a really intelligent group here. All the comments from yesterday, plus the dozens of private emails I received, underscore one of the big reasons why I do this in the first place– to build a community for like-minded, sharp, successful people who are lions instead of sheep… bold winners who think

Read More

More from Panama

I’ve always loved the women here. There I said it. I’m only human. To be honest, this is one of the great things about living free overseas, and I don’t just mean romance; when I’m outside of the United States, I have access to a completely different caliber of people– both expats and

Read More

Cuba Part 1

“NO Viet Cong ever called me nigger.” Mohammed Ali’s controversial words succinctly expressed his conscientious objection to the Vietnam War. More importantly, though, his words underscored a critical point– the free-thinking individual does not necessarily share the same enemies as his government. To this day, I cannot recall a single Cuban who has

Read More

Lifestyle Design

Yes, you’ve been lied to. No matter who you are or where you were born, many “rules” and expectations are fully ingrained into your life experience.   These “rules” and expectations dictate everything in your life.  For example, How to become successful and what success looks like How to behave in social environments How

Read More

This Trillionaire is FLAT Broke…

William “Bud” Post is flat broke. He has dealt with lawsuits, jail time, bankruptcy, and now lives on food stamps. It seems strange to think that he used to be a multi-millionaire… but it’s true. In 1988 he won $16.2 million from the Pennsylvania lottery (valued at $30 million in today’s increasingly worthless

Read More