There’s a well-known old fable that describes a frog being boiled alive. It states that if a frog is dropped in boiling water, it will hop out. But if it’s placed in lukewarm water, it will be comfortable. Then, if the heat is turned up slowly, it will not perceive the danger and will be […]
Continue readingLast year I made some massive strides in my language skills, I had a detailed plan of attack for study and it worked for a while. Obviously, with the stupid covid lockdowns, I had to modify my plan quite a bit. Still, I do think this is a very solid plan for learning a second […]
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Dateline: Belgrade, Serbia For years, I spent a lot of time and effort making sure I collected every mile, every point, and every travel reward to make sure that I got as much free travel as possible. I was obsessed with travel hacks. Now, after years of being the Nomad Capitalist, I’ve adopted a new […]
Continue readingJanet Yellen is back. Naturally, the follies of Keynesian central banking come to mind. In many ways, Yellen’s tenure as Fed chairman was far worse than Ben Bernanke’s. At least Bernanke’s money-printing madness was undergirded by his credentials as a misguided scholar of the Great Depression and the mistaken conclusion that the Wall Street meltdown […]
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Dateline: Belgrade, Serbia How do you minimize your real estate taxes as a Nomad Capitalist? I was recently asked this by someone commenting on our YouTube channel and thought it was a good question worth addressing. The person who wrote to us was specifically referring to income tax but there are many other real estate […]
Continue readingThe Oldest and Most Renowned Online Casinos to Check Out in Europe There has been a massive increase in licensed and regulated online casinos in Europe. The UK is known to have permissive betting laws and some of the best online casinos. These casinos feature games from top software providers. Here is a review of […]
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Dateline: Belgrade, Serbia Here at Nomad Capitalist, we frequently talk about the importance of having a second citizenship or an entire portfolio of passports to diversify and protect yourself. Because of the centrality of second passports to a holistic offshore plan, I created a system years ago in which we grouped every passport into one […]
Continue readingIn the 1980’s I was in my early twenties and I had a pretty good office job in Toronto. I used the subway system to commute to and from the downtown business district every weekday. I have a vivid memory of seeing a middle-aged man dressed in a cheap corduroy suit, during one evening commute […]
Continue readingThere’s an investment legend that, in 1929, Joseph Kennedy (father of the late US President), living in New York City, stopped on the street to get his shoes shined. At that time, shoeshine boys were ubiquitous in the business district of New York. The shoeshine boy offered Joe some stock tips. Joe decided that, when […]
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How does a collection of islands, islets, and rocks – most of them uninhabited – become one of the world’s biggest financial centers? Guernsey has managed to accomplish just that. For decades, this tiny jurisdiction near the shores of Normandy, France has welcomed foreign investment through its robust and innovative approach to funds and other […]
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