Thought y'all would find this interesting. Trump revealed today he'd get Mexico to pay for the wall by withholding remittances to Mexico. There's an aricle on Google News about it.
Already we have had a taste of that. For 29 years we had brokerage accounts at a large Boston based firm (think green). When we bought our Mexican house a few years back we paid cash and I purchased the pesos in Boston and wired them to our Mexican account. I don't recall exactly - but perhaps over 4-6 months I made 4 or so wire transfers. Near the end they were really giving me a hard time. "For what purpose are you using these funds". Finally they told me the pesos really needed to stay in my brokerage account and serve as an investment - subject to commissions on the buy/sell. I closed all but one account and moved everything to Schwab - who seem to have a much friendlier way of dealing with their US customers living in Mexico.All of that aside, I doubt anything will happen as far as Americans being able to move money from NOB to Mexico.
I guess we are, Chuck. Evidently, you didn't read very carefully where I said that I don't have a dog in this fight, yet. Nor, am I leaning toward any. People who don't seem to be able to handle people being honest with their opinions, without choosing a side, seem to put those people in a group opposed to their ideas, so they can respond to them. They just can't accept people as being maybe different from them, without being their enemy. What a shame we have to classify people as them or us, no? Chuck, I will take responsibility for what I write, but I will not take responsibility for what you do not understand, ok?Coondawg :
We are apparently on different pages...
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