3 Investments I Avoid For Retirement. Pattaya Thailand Travel. Expat living overseas retired
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- čas přidán 13. 06. 2024
- Aloha! I hope you enjoy the video. New content on travel, early retirement, investing and living a healthy, positive life every week.
I am a full time traveler and an expat from the states. Come along!
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#expat #travel #retirement
#earlyretirement #minimalism #solotravel
Books by Christopher LaVoie:
Annexation! Historical collection of articles surrounding the annexation of Hawaii.
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Starkeys Boys. US Navy Deep sea diving in the Hawaiian Islands.
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Urban Prepper. Prepping for emergencies in an urban environment.
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Minimalist travel equipment used by Retire and Go:
Burton Annex Backpack
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Iphone 12 pro max
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O'neil Brand Nomadix Cargo Shorts
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Cable connected lapel microphone for Iphone
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DJI Osmo 4 gimble
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Microsoft Surface laptop
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Columbia Hiking sandals
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Waterproof stick sun block
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Travel utinsil set
www.amazon.com/gp/product/B07...
Travel food container
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Light ball cap
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Tactical Neck Scarf
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Travel Spork non metal
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Music:
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Music: Swallow
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That dog is thinking, "I better watch out for that mad man of Pattaya."😂
Yes true haha
Man I really love your channel and all the talk on investments AND traveling. Such a perfect combo! Please keep it up. 😊
Thank you for the feedback
I appreciate it
Your format is excellent. Much needed information. Obviously accurate. Just the right amount of commentary mixed with great video concepts.
Thank you so much for this feedback
It’s important for me to read !
Happy Father's Day to you brother. Happy Father's Day to all of your dad subscribers. Safe travels.
Thank you so much for this :-)
I really appreciated reading this
Brother, try to load up on more veggies more often. I know southeast Asia foods are excellent but alot of fried stuffs in our 50s can't be good for long term. Thanks God for them walking and stairclimbimg every day.
Yes true !
I agree with you
Mate Vegetables are laden with poison! Even washing in apple cidar does not remove the chemicals!
Greetings from England, enjoying your content.
Thank you so much
Have a great day !
Thumbs up 👍 Chris & Aloha
Thank you !
Enjoy the weekend
For my peace of mind I’ll stick with index funds, boring but I’m retired and don’t want nasty surprises
Makes sense
I totally understand!
Your beauty sleep will love you as well.
2 ways to acquire money. Make more. Spend less. The 2nd is easier. Doing both is best, obviously.
Very true !
Nice, well said
Great advise. Thank you..
You are most welcome
Have a good day
More great info. Your one smart guy. The food looked delicious. Thanks so much, the more info the better. Have a great day 🤗
Thank you so much
Yes it’s a food channel as much as a travel channel haha
Yeah, buying any investment property can be problematic for sure, do your home work, it can also be a profitable avenue as well. Great content my friend excellent work, PEACE!!!
Lots of work for sure :-)
Always look forward to your videos along with your topics.
Very kind of you
I appreciate this
"Another insightful video! From a professional standpoint, I'd love to see a detailed breakdown of your travel expenses in Southeast Asia over a year: covering hotels, flight tickets, visa-related costs, and travel insurance for the duration of your stay. Keep up the great work! Happy travels!" Aloha...
I understand completely
I’m starting a monthly full costs summary of the last 30 days
This should have the information
Cool video-my investment was my 30 years in law enforcement w a CALPERS pension-now in 🇹🇭-Some stocks-some crypto-however heavy in T-Bills -easy to buy-no state taxes-just in case we need cash!
Yes true!
More people need to learn about those T bills :-)
Another great informative video
Thank you
Have a great weekend
Nice to watch videos about living in thailand, good job!😊
I’m glad to have you here with us ! Welcome
Great video. Thanks for the insight
You are most welcome :-)
I was just at the market on 2nd Road last week, the food is good and very reasonable! Another way to enhance your returns are to sell PUT option on those dividend stocks, you can at least get them at a discount OR invest the proceeds into REITs like ABR or a closed-end funds like ASG or USA.
I do like ABR yes
And I have O as well
Just curious, it appears you have significant financial investment expertise. When you asses your diversified portfolio at the end of the year what is your average % return on your investments. For example I have an APR of 4.5% with no risk whatsoever that’s paid monthly and I have instant access to my cash which gives me peace of mind. Thank you
Love and look forward to your daily videos with the investment aspect of them plus locations and of course the food selections…
I’m heading back to Jomtien in February for 60 days..Hopefully I run into you to share a meal together..
Jomtien has some great opportunities
It’s a nice area
Thanks for sharing. you make a lot of sense looking forward to the journey. chock dee kap
Thank you
Glad to have you along :-)
I agree with you l have term deposit,Dividend shares to give living expenses and eft for growth like NDQ,I00.You always give good advice on how too live your life without stress keep living the dream
Yes true
Dividends are simple and nice low to no tax incomes
That is the way for my retirement
I have been watching the Florida R.E market for the last 2 months. Lots of residential homes are listed daily. Lots of price cuts. Its interesting to watch the RE market implode in real time.
True
Decades of gains are gone in Florida condos
Scary for retirement plans
Happy Father's Day to you and all your subscribers.🪻
🌻Regarding real estate - Vanguard and Blackrock were just down in Buenos Aries last month.🌻 A blogger down there said they have bought a lot of real estate.🏡
🍀 When you say comment - not sure if you said if it's okay to comment about Healthy night life. Dancing - tango, salsa, all types of social dancing - must be lots there. Dancing is nice because, in Tango, for example, you can go by yourself - there's a community, or if you have a partner you can go. You can get all dressed up. Healthy fun.🎺🌼🎺
Thank you so much !
I enjoyed reading this :-)
Nvidia brother.
Yes! And AMD
I’m in it long !!
VOO and chill. You don't want a full-time job analyzing stocks in retirement. Kudos if you're part the 15% that can beat the S&P 500 index year over year?
Well said
Nice plan !
What does VOO mean?
@@brettpower6508 Vanguard S&P 500 ETF.
10:08 🔥 thank you. Shark Tank..vibes at or around 9:58 . What is Hookah , lol. Is that weed? 😂. Let me look this up! Enjoyed the alternate shots as well.
Hookah’s are just tobacco and various flavors
Nicotine but not weed
@@certifiedfinest5065 it’s legal here yes
I’m from Hawaii so it’s kind of like no big deal for me
Like alcohol, I’m kind of over it
But it’s here to try for sure :-)
In miami bldg the swimming pool on the 2nd level and was leaking into the foundations which weakened it ....and yes the miami condo market is collapsing because they require inspection that cost 100k per condo tbat cost 300k to buy
Yeah it makes me nervous to invest in the condos right now unless it’s a new project
Easier to just buy REITs
Thoughts?
Another great video, thank you. Question please....What program do you use to edit your videos for youtube. I'm wanting to practice videos and editing with my son and you make great videos. Thanks my friend.
Great question
Start with the free InShot app
It’s great
You can upgrade it later
Think Media on CZcams has free tutorials on it also
Great video.
What do you think of investing in physical gold and silver?
I guess one advantage is that you don't have to pay tax when you sell them as long as you sell them in small quantities. Where I live, as long as you don't sell more than 2k of gold at one time, you don't need to show ID.
I look at gold and silver as a hedge against inflation
When inflation cools down they also go back down
Check out Canadian gold and silver mining companies that you get a sweet dividend from
I want income not a hedge
That’s my way :-)
I know you mentioned not investing in companies that face the customer before, but for whatever reason it got me thinking a little more this time. I guess because one thing I was considering was investing in Dividend Kings, many of which do this. Or at least many at the ones that first come to mind. When you look a little closer, there are some others that do not.
It’s only thoughts and guidelines
What I do
Not advice :-)
Ok?
I would say that you're a conservative investor, but that's okay because there isn't much recovery time for huge market corrections as we get older. I was wondering if you've ever looked into dividend focused ETF's or mutual funds and if you have, do they pay as well as your dividend stocks? Also, I want to say that although I don't alway agree with you, I like hearing your perspectives because at times, you see things that I see as well. Keep up the great work on your videos. You're watchable because you're not "wow this, wow that."
Good thoughts !
True
My dividend portfolio is full of boring companies that pay me haha
I have a growth account that’s radical though
Nvidia AMD google Microsoft apple Tesla Amazon
I’ve held and added to them for many years
Grows like nuts ! But volatile
smart guy! I am a trader with 10K followers on Twitter. Love your analysis. I respect that you are honest about crypto. I currently also an international pilot 777 living in Miami and Medellin.. Been watching you regarding a return to Thailand, I was there for 1.5 years about 10 year ago. Thank you for all your info, excellent
What a great life James!
You are inspiring others
This is important :-)
@@RetireandGo You brother have the gift of connecting with people for sure! much love and respect. All I can add is Men especially must have a purpose and stay focused to self improvement always! Thank you Sir! 🙏
Very impressive ❤I invested the same way
Very nice
We are prepared for the long term
Invest, keep investing
@@RetireandGo my Appl is going nuts the past few days due to Apple AI
@@RetireandGo my Appl is going nuts the past few days due to Apple AI
@@Photojouralist123 true
The next phase in technology has begun
A new bull run cycle
All new infrastructure
New software
New chips
All of it
@@RetireandGo I'm at a point in life where I need to spend the money no need to invest like before. You know what I mean, having said that your advise is right on ,, stay away from getting into stuff you don't know anything about such as crypto. Not into it at all. I bought a lot RJ Reynolds as they have nice dividends , Cigarettes are low tech and can't advertise so they give the money back to investors.
So, my plan is to move out of the US in end of Aug to Thailand, stay for 3 months then tour Asia for about a year, save as much as I can, then invest again.
This sounds fantastic
Keep us updated ok?
Great unique and helpful content. Thank you for your efforts. Just had a bowl of coconut chicken soup and veggie for $1.50 In BKK. We are living similarly. I’m slow traveler but only Asia. I cut loose the US. For me my investments have been in three baskets. BRK (defensive and low downside risk), Forever stocks, Defensive stocks. Over past 20 years 13-15% average return.
True
Defense stocks, nice
Oh yes that soup sounds good
Hi great advice on investments," I have a Target fund that will be 50 stocks 50 bonds when it hits the Target date doing well. Also saved cash for when interest rates went high 5% with no debt they work well (always paid my credit cards on time and have no loans😅😊
@koufax174 13-15% average “annual” return for the past 20 years??? 🤔
@@txg161yeah! 😂
@@user-le8kk9od5myep! with banks like Goldman Sachs and others paying 5% monthly with savings deposits and no risk it’s a no brainer.
Man I really enjoy your videos, I agree with what you saying about the struggles in the western world ,,,and all that goes with it. I often wonder about you ,,i think ok ,,how old is this guy ,,and what is his name ,,,and now that your got your retirement under control,,,and passive income,,,,what's next ?
I understand :-)
It all boils down to Bodhisattva
I’m taking this time in my life to help others
It’s not about me
Long days and long nights filming and editing
But the results help
People , enlighten, bring positive energy
@@certifiedfinest5065 I’ll tell you what, you can’t find one by staying where you are. You need to try different to find different
I bought a lot of Nvidia in 2020 when it was around 6 dollars. Still holding and now they did the 10 for 1 split. I still see upside.
Boom ! Nice !
I was buying tech a while back as well
The growth stocks are rocking
I’m adding to AMD now
Thoughts ?
@@RetireandGo I think AMD is a good one. No dividend but I think the upside is there. Waiting to see if it dips and then might buy. Like you said Google and Microsoft are also good to have in ones portfolio. I agree about staying away from retail stocks. I also like VOO and VGT for good stable growth.
You did real estate speculation in Hawaii? Isn't that a pricey market?
What are your thoughts on a trial retirement (sabbatical, year off)? Some of us may not have the full retirement nest egg accumulated, but we might able to try on the life for several months.
Oh my yes
Hawaii was the craziest market for it
That’s part of why I retired early
Great advice. Retirement is not the time to be making risky investments to try to make tons of money. Keep it simple and be satisfied with the smaller returns that come from less risky investments so you can sleep at night. By the way, do you use your phone for your videos? The quality is really good. What type of device (selfie stick?) do you use for your phone/camera while you are walking around? Thanks for all the great information!
I agree
Easy on the risk haha
True
Yes I go through selfie sticks
I break them
Usually from travel or them falling down :-)
Hi, quick question. How do you combat loneliness travelling in south east Asia or do you have a travel companion? I ask as most people would have friends & family close by in their high cost western home cities & towns. Maybe you reach out to expat communities in the places you visit? Would be a great subject for a future video, ie 'how to combat loneliness whilst travelling cheap' 😃
Very good question
I am
Working in a video for this
I will tell you we can be social as we travel
Don’t be introverted
Chat with folks and make a joke from time to time
@@RetireandGo thanks for the feedback. Please remember to include though - how you replace your family & friends social groups, ie those people you see more often than a fleeting hello. Do you a) reach out to expat groups in the places you stay, b) meet people at the accommodation you stay at and arrange to go out for a drink or dinner, and c) are you travelling solo or with a partner? Cheers Ian (ps is it Chris by the way? You don’t mention your name on the videos but thought I saw that somewhere 👍)
I have been flipping houses in Canada for 40 years, buy fixup and sell, in Canada we pay no tax on a property when we sell it as long as it is our principle residence, I was able to retire at age 49. stay away from bitcoin, and condos in Thailand!!!!!! Both horrible investments
Thank you for this information!
Nice job
You deserve a great retirement for hard work !
have you done or can you do a video on foreign taxes and filing. What you pay both foreign and US? What tax rate it comes out to considering you probably have qualified dividend income and ordinary income?
Oh yes I have a tax video coming
Consider relocating to Texas
Then make income via dividends
Up to 40k tax free !
Also 14k standard deduction!
So make 54 k a year retired to fed or state tax !
@@RetireandGo have u looked into Puerto Rico ? Am still researching , possibly no fed tax on cap gains /pension ….
Nice video again. Could you share what platform you use for trading ?
I use three different ones
Some folks like vanguard for ease of platform use
@@RetireandGo are you able to name them ?
Why not GameStop?
Game over? 😂
Haha yes!
Give me AMD for the next 20 years
I’m far from retirement at 25 but I hope to be able to start investing for my retirement. I have some knowledge on different investments, but as of now I just need to focus on accumulating the money lol
I’m glad to read this
You are preparing early
Anyone have an opinion on FRO?
I do like having energy stocks long term
I have ET, ENB, OKE a few others
Probably just a small indulgence and not a big deal, but since you seem to be very conscientious of your health both physically and financially, don't you have concerns about the hooka habit? How is it compared to cigarette or cigar smoking?
You are correct
It’s not healthy
I’m kind of done with it haha
I’m retired and a 2 fund guy. Total Stock Market Index.. Total Bond Market index done finished that’s it. I have been tempted about buying some Nvidia lately. What are your thoughts?
You are doing great !
Nice stock and bond set up :-)
Well, Nvidia is a long term hold at this price but i have it in my growth portfolio
Also all big tech
AMD is the sleeper right now, I’m adding shares haha
@@RetireandGo it sounds like you have done very well. Congrats on your accomplishments!
Just curious that you don’t differentiate between actual bitcoin and crypto (aka, actual garbage)?
True
You know more about it than me
That’s why I reinforced that in the video
It’s my thoughts
A better educated crypto person needs to be involved with any buy decisions
Do you make crypto content? If you do let me know I’ll shout out your channel sometime
Interesting! Grant cardone invests hugely in the real estate your referring to and claims to be worth a billion! In Australia were im from these are renting like hot cakes! Major rental shortage there!
Just my thoughts
Not advice
Invest how you feel safe :-)
@@RetireandGo yer was just wondering, great content keep it going!
@@brettpower6508 have you watched Tom Nash or Daniel Pronk on CZcams? Chill and educational channels
Great investment chatting
Good company breakdown
@RetireandGo yer I've watched Tom Nash, I lost money in bitcoin, trying to navigate dividend stocks but it's daunting, building apartments here in the Philippines after major research, I've never gone wrong with real estate hope this isn't the first, real estate in dumaguete is booming, I have a fillipina partner
Are there any restrictions on what kind of stocks and bonds you CANNOT own while living overseas (e.g., Thailand)? Thank you.
This is a great question
I do not know of any stocks you can not add to your US portfolio due to traveling overseas.
Interesting quest thank you !
@@certifiedfinest5065 great question
A big online brokerage will have a bank, transfer money from dividend income to your online account
Same app
Same company
Easy
Then just use your ATM card anywhere on earth
Call a brokerage and talk to an adviser they will take you through setting up everything
@@certifiedfinest5065 and make videos again !
You have some up, why stop? Make videos :-)
You sometimes mention bonds, but bonds don't seem to earn much. BND seems like a joke. What bond funds do you like?
Great question!
EMHY, SPFF , SPHY
Easy to add to the portfolio
Well diversified
@@RetireandGo Thanks!
Hi, excuse my ignorance but how do you purchase stocks?
Watch a video on starting an online account at a brokerage
You can set it up
In one day
Then you are ready to start
@@RetireandGo Thank you
I don't invest in crypto because it's ponzi scheme, no matter what "they" tell you.
"They" being the people who bought into digital currencies and have a keen interest
in recruiting others to continue purchasing these currencies.
Hey, I’m with ya!
:-)
isn't shisha just as bad or worse than alcohol?
It’s not good
It has nicotine
You need to be careful with too
Much
Give me a hut on beach. I’m good
I agree with you 100%
It’s worth taking into account that with inflation not being able to be controlled and the amount of money being printed by central banks, that the purchasing power of all fiat currencies particularly in the over indebted western countries is going backwards. Add to that the fact that USD is under threat and you have a recipe for all fiat currency investments including treasuries losing value. Just saying …… Have to keep an eye on the macro, the global financial system is changing its being digitized
Thank you for these thoughts !
you said you were 60k in debt, but now live off of dividends. in my calculations wouldn't you need hundreds of thousands of dollars in dividend stock to actually make enough to live off of. how were you able to save up so much in what maybe 10 years?
Yes!!
It took 5 years to pay off debt too!
I took a job in Afghanistan for big money to rebuild my life
I was under rocket fire every week
I would fly by helicopter to different bases to repair IT equipment
That is how I did it
Crazy? Yes
But it was a code red situation :-)
Check out my old Middle East vids :-)
Fair enough, will do! Thanks
@@RetireandGo
So with the house you were living in, the apartments you rented out, the houses you flipped, the stocks you were investing in for decades and the well-paying job in the IT sector you had, you managed to go completely broke and deep in debt?
@@thomasmarinovic1199from a previous video he explained he had a nasty divorce which left him in 60k debt.
@gedlyman1
Yes, I understand. But it still seems odd, normally in a divorce everything is split 50/50. Considering his well-paying job, house flipping business, owning multi-unit buildings (with up to 24 units), renting out condos, decades of stock investing, there should have been something left.
Also, in his older video's on Overseas Contracting he tells us that an entry-level job in the field of IT in overseas contracting can earn around 100k a year, and with advanced IT skills up to 200k. On the other hand, he tells us that it took him 5 years of overseas contracting to pay off his debt of $60000. The whole story doesn't make much sense to me.
Brb.b
:-)
shisha... lol
Get yo Shisha on!