SOLD OUT Colombia Trip - ( And Keeping Your Wealth and Staying Alive )

|, Investing, Lifestyle, Personal Development|SOLD OUT Colombia Trip - ( And Keeping Your Wealth and Staying Alive )

Back in December, I wrote an article about investing in Colombia.

I literally received hundreds of emails from people interested about investing there.

I thought, “Hmmm… if there are that many people interested in this investment, maybe I should arrange a trip so everyone can actually see this opportunity for themselves.”

So, I did.

I thought there would be a couple of you that were interested in traveling to Colombia. Maybe 5 or 10 that would want to go.

Mentally, I thought that I could only take about 20 people just because if we were going to really look at everything, the group would have to be relatively small.

Well, the trip sold out in about three days.

Awesome.

For those of you going, we’re going to have a freaking blast.

For those of you missing out (whether you’re not interested, or you can’t make it), don’t worry there will be more trips like this to other destinations in the future. I’m already working on a couple now.

However… I know the next trip will fill up even faster.

Keeping Your Wealth and Staying Alive 1

On another note, I’ve been getting a lot of emails about a different topic.

If I receive more than 10 emails about the same issue, I think it’s pretty safe to assume that others have the same question.

And I received A LOT more than 10 emails about this…

War, an expensive market, and uncertainty.

From Syria, to North Korea, to the EU, to the US economy… there is a lot of uncertainty.

The question I’ve been getting is basically, “How do I protect my wealth (and myself) in these uncertain times?”

Obviously, each individual is going to have a unique solution, but here are two different areas that everyone should consider:

Gold & Silver

Personally, I am a firm believer in investing in precious metals for preservation of wealth. Notice that I did not say expansion of wealth.

Yes, it is possible to make money from investing in gold and silver. However, this requires market timing and a lot of discipline.

An easier way to invest in gold and silver is to slowly build a position over time. This will allow you to diversify a portion of your wealth into an asset that keeps up with inflation and hedges against major disasters.

I’ve written a separate article here if you want to know about investing in precious metals.

I’ve also written a ‘No Excuse Guide to Buying Silver’ here.

Foreign Real Estate

This is one of my favorite investments, as you can hit multiple birds with one stone.

Yield, capital appreciation, currency diversification, and getting your wealth outside of your home borders are just some of the advantages of foreign real estate.

(Here are ‘Ten Reasons You Should Buy Real Estate Outside The US’)

But… there’s one more thing that foreign real estate offers that no other investment can match: physical safety.

While it’s highly unlikely you’ll ever need to use your foreign real estate to escape from your permanent home, it’s a great insurance policy to have.

By | 2017-11-21T19:08:14+00:00 April 11th, 2017|Economy, Investing, Lifestyle, Personal Development|1 Comment

One Comment

  1. Seok Choi April 18, 2017 at 1:44 am - Reply

    Hi Cody, I have just discovered your blog and I am learning a lot. I find your articles on currency and foreign investment particularly interesting. I'm based in Australia and although I could tell the AUD was going to fall dramatically against the USD a few years back I had no idea about anything other than Australian real estate, and even now I regret not capitalising on that.

    Given that my capital is entirely in AUD at the moment and it isn't in the greatest shape, would you hold suggest keeping AUD until things look better instead of looking into Colombia and so on? The only thing is that I don't see the Aussie appreciating substantially against USD any time soon. Australia is a bargain for Americans right now.

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