Sri Lanka pays almost 10 percent interest for the USD

If the rate of inflation exceeds your nominal interest payment then in real terms you are losing wealth and consuming your capital. Furthermore nominal interest payments may result in a tax liability so even if you are getting a real pre tax return (not likely with low nominal risk these days) you may still be consuming your capital or breaking even. And as inflation accelerates and long rates rise you can expect to receive a lower price for the nominal income producing asset in currency which is worth less than that you used to purchase the asset should you choose to sell. In short, in an inflationary environment income producing financial assets are likely to prove destructive to your wealth, possibly profoundly so.

I'd be careful. the dollar like everything else right now is inflated. it will absolutely lose global reserve currency in time which is one of the main causes of the current war… anything above 5% is a red flag .. keep close watch

So if you have money in a Singapore bank your not allowed to go get your money in person without taking an experimental vaccine?

Fairly interesting. I have though some potential problems to be aware off. Georgia might not be that good on the long run with aggressive Russia as neighbor. If Russia invades Georgia like with Ukraine you can write off you investment. Also some of the currencies are pretty volatile (UAE, Armenia, Georgia). Personally I am still a believer in the stock market. I have a bias against currency trading and investing. I am also not overly fond of real estate (only in form of a real estate fund in which I don't have to throw further money in)

Andrew, how about a dip your toe in video again with some banks with low deposit requirements to open online?

Can you imagine how quick a conversation between Andrew Henderson and Ben Shapiro would be?

You can get up to 10% investing in livestock bond in Uruguayan feedlots. The money is backed by the livestock and the investments last a year. Uruguay is a world leader in high quality meat, so the investment is pretty safe.

We have 30%tax on every 10$ made in interest here, I live in Sweden. How's it in your guys country

Cambodia and Armenia sounds intriguing along with Singapore

Andrew I think Georgia banks are paying 10%, it might have gone down since I knew that but it would be pretty high

Physical gold & silver right now. Peace.

4 week US Treasury Bills 2.47% right now

Love your content Andrew. In Ecuador there is an exit tax on taking money out of the country currently.

The U S has a type of bond called an I Bond which is currently earning 9.48%. The interest rate will change after 6 months and if you cash out before 5 years you loose 3 months interest. You can only invest up to $10,000 max. I was told about this by my financial advisor recently.

HEX is the ultimate yield earning decentralized protocol. Hedron now allows you collateralize your HEX stakes and borrow value against them. Good luck

Perfect video! Thank you Andrew and your teams! Highly appreciated this info!

Good hearing jab policy being mentioned re Singapore/Malaysia > certainly seems to be something Channels are reticent to mention when comparing Countries for any reason these days > so much for free speech.

Ever consider using your url Andrew for putting out content where You have more freedom to speak your peace? > Use yt as a driver…. keeping it vanilla as ppl are forced to do & then get them over to your site where you are more free to say things which You may be holding back on YT

Back in the late 70's when Jimmy "Checkbook" Carter was President you could get 15% on CDs

Read ingredients ? "Adverse Reactions" No, never ever heard of those . . . autism rates over time? Who gets it? Who does NOT? Why is that? NOT a mystery at all now is it ? Brain anyone ?

Andrew gives solid advice. Thank You 👍

About ten years ago, I realized that future value is the most important. Let's say 2030 or alike. You probably want to backtrack to 2000 to get some perspective what is really going on. All of a sudden $200 and $100 are equal. Yes, the underlying forces are deflationary and not inflationary as one could expect. It's a simple logic. If you want to shed some tears you could perform this in EUR as well. Yes, it's completely on purpose and by design. Very malevolent. Purchasing power is completely different should be said.

That is my problem. I have too much cash.

In Sri Lanka 1 year fixed deposit in UDS 5,5% , for LKR over 20% easy. If you are brave enough to send money there 😀

open an llc for 50 bucks per and buy i bonds at 9.6 percent

Current rates in Sri Lanka is 19-22% for a fixed deposit. Although taking your dollars out will be an issue.

Also, 2 year State of Israel bonds are currently at about 3.5% yield. They have longer durations at higher rates. Never failed to pay their obligations since they began 70+ years ago. Check online.

You have to keep in mind inflation rate. If the inflation is higher that term deposit interest, you will be losing money.

With inflation at 12-18% earning 5% interest means you only loose 10+% , oh joy !!!! If you are smart enough to earn a million+ $ hopefully you are smart enough to find an investment such as gold and silver, land, tools, food or anything but fiat currency

5 447398

+44 753

como la contacto he oído hablar mucho de ella

Gané $ 13,542 con la Sra. Evelyn después de mis 6 días hábiles de negociación. Recibí mis ganancias directamente en mi billetera. Buena mujer

Im suprised that Turkey is not on the list. Invest in Turkish lira to experience financial roller coaster 😅

I'm not sure about USD but in Australia we got savings accounts doing 3.50% p.a

If you want interest on foreign currencies, take a look at an interactive brokers account.

I'm surprised you didn't mention diversifying a portion into crypto, most of the wealthy people I know put between 10-50% of their assets in crypto.