Wednesday, July 31, 2013

I can understand. I came back within two years !
I have another friend who is at a top position in DXB, coming back after 17 years leaving the lucrative job.

I think you are matured enough to manage your life and wealth here. If you have kids exposed to comfort they may get hard time to adjust.

Do not expect hassle free driving. You have to learn not to get angry when others show unexpected and foolish behavior on the road.

About investments,

Buy a countryside land within few hrs reach from the residence,  and plant Kos, Del, pol , amba , rambutan etc. and you can enjoy real life when you feel fed-up in town. Select a poor good family to look after it and you can help them also without affecting your finance. Few thousands are big amount for them.

Doing a job will be much difficult. Our pace is mush slower in everything. Many people are just sitting like puppets. I gave up doing jobs, they cannot cope with my speed. I get angry and next was high blood pressure. If you like chatting and gossip wow! then this is the best place.

Best way is starting your own place and train some youngsters.

There are many scams targeting expatriate cash. Do not jump in without full investigation.

As rainmaker correctly said, few trips abroad is a must. I prefer Thailand mainly due to affordable costs and tasty  food. [ nothing else  Wink ]

As UKBoy said, study new highway system before buying lands. CMB-Kandy is coming.

After coming here, I studied many projects to start. We dropped many because : after paying salaries you get nothing.

If you have enough money put half of it in FDs and buy good shares using the interest. Never go for margin trading.

Do not take risk by  investing all the money you have in everywhere. Better to keep at least 50 % in TB or FD until you develop any other steady income here.

Better not to bother about politicians or what they do. Do not argue in politics and waste your time and energy.

Finally, we miss many nice things in life while running for money and wealth.

We can do Bird watching, hiking, travelling in your own country, photography, helping poor..  etc.  There are many nice things to enjoy if you have money to  keep you alive.

My slogan is FIRE.

Financially Independent and Retire Early.
I escaped from the 'job' trap at the age of 48 years.

I worked hard for money for 26 years, now money work for me. I just manage them, leisurely .

If you wait to retire at 55 or 60 you knee joints will not allow you to go anywhere except hospital and then to the final pace.

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