Planning the move.. being realistic? - Page 3

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Planning the move.. being realistic? - Page 3


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  #21 (permalink)  
Old 28th February 2018, 11:18 PM
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When and if your finances get to the point where all you have left is enough to buy a one way plane ticket home, use it for that.

There is absolutely no safety net here. If you are out of money you are out of everything. Yes family may help out but they will think a foreigner is loaded and doesn't need it.

Always have an exit strategy and the means to implement it.

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  #22 (permalink)  
Old 5th March 2018, 11:09 PM
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Originally Posted by 562isme View Post
Thanks for the info guys. This is my first thread.

The other thing I could do is invest the 130k in the US and make $720 monthly.

How do I find out how many credits I have for SSI? I read 4 points a year.

What do you guys recommend? staying in the US.Only visiting the Philippines every 2 years.

It's hard to give up what you really want and would like to live but if no choice...
Yes it is hard to not be able to do what you want, but it is more prudent to build your wealth where you are and come later in life. The advice you are receiving here about business and living in Phils is right on the money. Please give this a lot of thought.

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  #23 (permalink)  
Old 6th March 2018, 12:48 AM
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The other thing I could do is invest the 130k in the US and make $720 monthly.
That equates to about 7% annual simple interest. Where can you earn that without a lot of risk?

At your age, that is decent savings. I would continue to save for another 10 years then take another look at moving.
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  #24 (permalink)  
Old 6th March 2018, 01:38 AM
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That equates to about 7% annual simple interest. Where can you earn that without a lot of risk?

At your age, that is decent savings. I would continue to save for another 10 years then take another look at moving.
Please read this excellent advice at least 20 times, it is the best advice you will ever have been given.

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