The eagle eyed amongst you will have noticed that you don’t receive an email on the 1st day of each month, unless you’re a subscriber that is. It’s the day on which the latest alternative investment guide lands in the inbox of those smarties.
The Safe Haven Seguridad guide mentioned a few reasons why investors might want to look further afield when it comes to their investment portfolio, and gave one of the reasons as capital controls.
No sooner has that guide been sent, than Argentina imposes these on its citizens.
Now admittedly this has been on the cards for a while, especially seeing as their economy contracted by 5.8% in the first quarter of this year, after shrinking 2.5% last year. Apparently three million people have fallen into poverty over the past year (most of which will likely be in the big cities like Buenos Aires).
I don’t believe there are any Argentines on my daily email list, but there are plenty of people based outside of the UK.
You’ll likely know more than I do about what’s going on in your particular country, but don’t be naïve to think that what happens in other countries doesn’t affect you, your family, and your finances.
Another article on the BBC Business website today asks: how business is navigating Hong Kong’s new reality.
There’s a lot going on in the world right now, what are you doing to protect and grow your family’s wealth (or just create other income streams so you’re not dependent solely on company salaries)?
There are two good starting points – today’s recommendation is a free one, tomorrow’s can become free if you take some action.
Firstly, I challenge you to take the National Numeracy Challenge to determine your level of number literacy.
It’s a UK website, but of course is open to anyone.
I did pretty well when I took it last year, send me an email with your score and I’ll share mine.
If you beat me I’ll send you the most useful financial book on the planet.
All the best,
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