There’s an easy way to tell if someone understands the fundamentals of investing—ask them if extended warranties are a good idea. If they give you the wrong answer, you should probably disregard any investment advice they offer you. If they know the right answer—and more importantly, why it’s the right answer—they may be worth listening to. So, what [Read More] …
How I Learned to Stop Worrying and Love Crypto
Once upon a time, a fox strolling through a vineyard on a hot summer’s day came upon a trellis fat with ripe grapes dangling above. “Just the thing to quench my thirst,” the fox thought to himself. So, he stepped back several paces and raced toward the grapes, leaping into the air with all his [Read More] …
The Huge Tax and Lifestyle Benefits of Moving Overseas
Dear Field Notes reader, The sky opened up here in Prague recently. One minute, a gray winter’s day, a bit below freezing. The next…a winter wonderland of brilliant white. Ultimately, inches and inches of snowy powder covered the city. I know lots of people shudder at the thought. They grew up shoveling snow, driving in [Read More] …
Where, Why, and How I’m Getting a Second (and Third) Passport
Dear Field Notes reader, Uncle Sam presented me with my first passport when I was 9 or 10 years old. Forty-plus years later I still remember the number: DO30591. I’m gonna say that little blue booklet clearly imprinted on me. I’m now on passport #6. The last one—before the State Department changed the rules—had been [Read More] …
Tesla, BMW, and a Historic Week for Crypto
I have a story today about BMW trying to save consumers more than $7 billion a year. It’s also a story about Tesla and a $1.5 billion investment. And it’s a story about me spending $893 at a Czech computer store. Ultimately, this is a story about cryptocurrency. But stick with me for a moment [Read More] …