Here are some things I thought of that the younger monkeys may enjoy to read. A few notes about my bio are at the bottom of the page.
If you are a single male (no children) with the ability to earn dollars/pounds/euros remotely, the world is your oyster, here's why:
- Life if FUN. Pardon the cliche but we work hard and we play hard, and we take this seriously (in a good way). I love how sometimes I never know how a day is going to end, especially Thur-Sun. (When I say "we" I'm speaking of the growing community of expats around the world who work remotely and are able to work/live wherever)
- "Do what thou wilt shall be the whole of the Law." -Aleister Crowley. i.e. Do in life what you truly want. It's hard to figure out when you're in ugrad, I didn't figure things out till I was 25 and had already put in enough time doing what I didn't want to do.
Read more about your true will here: http://en.wikipedia.org/wiki/Thelema#True_Will
- PPP (purchase power parity) -
some prices in Brazil (especially where I am) are similar to NYC, but some services are not: maid, personal chef (I don't have one but I have friends who do), massages, personal driver, etc. If I really wanted to take advantage of ppp I'd move to Colombia or SE Asia. Maybe some day.
- Utilizing geoarbitrage into our lives: I have a virtual assistant based in China, I've had her since 2008. She does some work with my company (we have others from India), but mostly she helps manage my personal bookkeeping, my travel itineraries, and whatever else I can throw her way (rule is if it's a repeatable task and takes less time for me to teach her than to do it myself then usually i'll have her do it). I'm told the VA's from the Philippines are the best, but if you find someone you like and can trust, stick with them, pay them well and they'll stay with you for life
- In the USA being a non-URM white male can work against you in some respects (grad school, anti "white privilege" movement, etc etc). Meanwhile being overseas? Being blonde/blue eyes/average height (or taller) has more advantages than I can count.
- Tax discounts: if we're out of the US for more than 300 days per year there are significant tax benefits, "my accountant handles that"
- Women - I've had too much fun here... you can date the type of woman you would only dream of in the states. And they're plentiful. They'll fuck your brains out AND they'll make you breakfast in the morning. Downside? Latinas are crazy.
- The community of people you meet, both locals and expats. "Networking" can be as simple as meeting some other successful like-minded expats for a beer and building a relationship. These people are my network. These are the people that will help when I'm on the look out for my next position. Stressing about updating my resume? Online applications? Interviews that take 4 rounds and hours of one's time? No thanks.
- This type of life is becoming harder and harder to live in the US or Europe. If you think this type of life is for you, what are you waiting for? If you're already living this type of life in the US, well done.
- Misc benefits: No commute, good weather, life feels like a dream, you're extra motivated to do good/quality work because you want to keep this gravy train going, and most importantly... you are free.
Part 2 to come someday.
Ex IB, yes I used to go on WSO back in the day (under a different name), that's what brings me back today :-)
CFO/Marketing of a startup in Brazil, work in the office half the week (when I want), work remotely the other half. I have been living here for 3 years. I don't have to live in the same city as my company but choose to because I like where I am. I've traveled for stints of 3 months and 6 months with plenty of 1month stings mixed in.
30 y/o male
I wrote this post: http://www.wallstreetoasis.com/forums/just-turned-...
Sorry if any of this came off as arrogant, had a lot of coffee this morning.