GlobalWealth
Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
[QUOTE="Cyriex, post: 540811, member: 35442]
Question for @GlobalWealth do you ever look into smaller international banks usually only operating in their country of origin? Deposit rates globally are obviously much more attractive than here even after you account for inflation differences and the risk of that financial institution. Stress tests I'd imagine would look much different than US banks. Are only citizens of these countries able to put money there? I heard not all of them allow for American clients. Additionally I've heard you can get some exposure through HSBC's Expat. Global rates: http://www.deposits.org/world-deposit-rates.html
[/QUOTE]
I'm not a huge fan of banks in general. I do prefer global diversification, but real estate, cash, private business and p2p is my preference.
Sent from my SM-G900FD using Tapatalk
Question for @GlobalWealth do you ever look into smaller international banks usually only operating in their country of origin? Deposit rates globally are obviously much more attractive than here even after you account for inflation differences and the risk of that financial institution. Stress tests I'd imagine would look much different than US banks. Are only citizens of these countries able to put money there? I heard not all of them allow for American clients. Additionally I've heard you can get some exposure through HSBC's Expat. Global rates: http://www.deposits.org/world-deposit-rates.html
[/QUOTE]
I'm not a huge fan of banks in general. I do prefer global diversification, but real estate, cash, private business and p2p is my preference.
Sent from my SM-G900FD using Tapatalk
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.