Ep. 191 Bobby Casey: Diversify Your Portfolio Now
This week, Bobby Casey, a renowned speaker on anarcho-capitalism, free-market economics, and offshore businesses joins Stansberry Radio.
Why is now the time to internationally diversify your portfolio?
Listen as Bobby shares his view on how to achieve true freedom by internationalizing your life using the "the multi-flag approach."
Bobby talks about the implications of FATCA, the Foreign Account Tax Compliance Act. He considers it one of the worst pieces of legislation ever written... that few people know exists. Find out how this new law forces all international banks to become part of the IRS's worldwide police force.
Bobby also tells the listeners what he believes are the best ways to diversify their portfolios. He emphasizes the importance of:
· Owning foreign real estate
· Why investors should use the "Buffet Approach"
· Geo-political diversification
· Why everyone should own hard assets
· Having a second passport
· How Airbnb.com is becoming a great business for international investors
Although it's becoming much more legally difficult to invest internationally, it's not too late.
This is a good show that will make you think about how you diversify your money and keep it safe.