KIMAROSE ZAMBIA

I have been an expat for 3 years. Where you live now, is largely irrelevant to your investments. Sure, some things make a difference. For example, if you live in UK as an expat, there are tax implications. But in general, there are loads of expat focused accounts, which are designed to be flexible, that are portable, and move with you when you move to another location. Often all you need to do is update your credit/debit card payment or just send from a new bank account. What matters is what you invest in, as well. The best way to invest, according to a lot of academic research is: Investing 80% in long-term assets and 20% in something “sexier”. Long-term beats market timing Low-cost diversified index funds beat over diversification Markets beat property long-term Never think “now isn’t the right time to invest”. There will always be elections, unexpected events and various crisis. I was recently invited to make a media comment on this and mentioned how many people will make ...

A new way to look at personal growth Let’s do a little math to find out how much free time we really have. There are 24 hours in a day, 168 hours in a week, 8,760 hours in a year. Some of those hours are spoken for. If you need eight hours of sleep a night, that’s 2,920 of the 8,760. If   you work 40 hours a week for 49 weeks (so, excluding holidays and two weeks’ vacation), you’re working 1,960 hours. Subtracting all this takes us down to 3,880 waking, nonworking hours. Of course, people have vastly different levels of caregiving or chore responsibilities, and some people work more or fewer hours for day. But we could imagine that just about everyone has somewhere between 1,000 to 2,000 discretionary hours per year. (The American Time Use Survey pegs the population average at 5.19 hours of leisure per day, or 1,894.35 hours per year. The busiest segment — working mothers of children under age six — tend to have about 3.15 hours of discretionary time per day, or 1,149.75 pe...