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Cryptocurrency and other digital assets can be difficult to wrap your head around.
Why are people paying $60M for digital art that can’t be hung on the wall? And why would you convert your savings into Bitcoin when you can’t buy much with it?
But the truth is, there are many benefits to the blockchain, and its decentralization and transparency make it far superior to the systems governments control.
Chris Campbell is a longtime cryptocurrency and precious metals bug who writes about unconventional ways to invest in a decentralized future in the free digital newsletter Laissez Faire Today. Luke McGrath is a Bitcoin enthusiast who started writing about cryptocurrency in 2014 and served as managing editor of Laissez Faire Today from 2014 to 2020.
On this episode of The Wiggin Sessions, Chris and Luke join me to discuss non-fungible tokens or NFTs, explaining how they verify ownership of a digital asset and why you might consider investing in digital content in the future.
We explore the concept of blockchain banks and why they’re willing to pay a much higher rate to use your capital than the traditional banking system.
Listen in to understand why Luke and Chris see Bitcoin as the global money of the future, what makes it superior to fiat currency and how it may serve as the ideal store of value.
Key TakeawaysHow a non-fungible token or NFT serves to verify ownership of a digital asset
Why people are willing to pay $60M for a piece of digital art
How NFTs help artists, innovators and content creators earn royalties for their work
Why Chris and Luke don’t recommend investing in NFTs in their current form but see potential for the asset class moving forward
How we know the blockchain can’t be tampered with
The concept of public-key cryptography and how private keys provide proof of ownership
The idea of a blockchain bank and why they’re willing to pay a much higher rate to use your capital
The pros and cons of converting US dollars into cryptocurrency
Why Luke sees Bitcoin as the global money of the future
What makes Bitcoin the ideal store of value and why it’s superior to both government money and gold
What gives users the confidence that only 21M Bitcoin will ever be made (and why scarcity is so important)
The problem with thinking of money only as a medium of exchange and not a store of value
What gold bugs and Bitcoin bugs have in common
Connect with Chris CampbellLaissez Faire Today
Connect with Luke McGrathLuke on Daily Reckoning
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesChris’ Laissez Faire Today Series on NFTs
‘Beeple NFT Becomes Most Expensive Ever Sold at Auction After Fetching Over $60M’ on CNBC
‘Who Is Collector Justin Sun and Why He Created an NFT of a Work by Picasso’ on Art Rights
ECOMI
‘Jack Dorsey’s First Ever Tweet Sells for $2.9M’ on BBC News
BitTorrent
Jeffrey Tucker
Public-Key Cryptography Article on Wikipedia
James Altucher
Joel Bowman
Bitcoin
Bitcoin Core
‘Tesla Buys $1.5B in Bitcoin, Plans to Accept It as Payment’ on CNBC
MicroStrategy’s Bitcoin Announcement
Coinbase
Gemini
Mike Maloney on the Hidden Secrets of Money
Silver Doctors
Agora Financial
Understanding the Classics affords us a unique lens through which to view modern society and allows us to look at human behavior from a distance.
And all three of my guests are students of the Classics with a special interest in how classical wisdom can help us understand trends in the economy and culture of today.
Dan Denning is the Coauthor of The Bonner-Denning Letter, a monthly publication that covers a wide range of macro and microeconomic topics. Anya Leonard is the Cofounder and Director of Classical Wisdom, a platform that explores how Ancient Greek and Latin literature applies to our lives now. And Joel Bowman is a Contributor to the Daily Reckoning and cryptocurrency expert.
On this episode of The Wiggin Sessions, Dan, Anya and Joel join me to discuss the assault on the Classics and how we might defend classical liberal values in today’s society.
We explore cancel culture’s roots in the Hegelian dialectic, describing how money and technology can be used to control behavior.
Listen in for insight on whether cryptocurrencies are an antidote to bad money or just more frothiness—and find out what we can learn from the Classics about the consequences of present monetary policy.
Key TakeawaysWhat inspired Anya to host an event re: the attack on the Classics and how the discussion was received
Cancel culture’s roots in the Hegelian dialectic and how Antonio Gramsci serves as the modern root of the movement
Anya’s take on the fallacy of cancel culture and how a living canon can evolve without erasing history
How money and technology can be used to control behavior in favor of political values deemed superior to tradition
How Dan thinks about defending classical liberal values in the digital era
The speculative behavior that stems from the advent of any new monetary system
What differentiates government-issued cryptocurrencies from free market offerings (and how to tell the difference)
Who controls the conversations around what money is in a society
The role Bitcoin and other cryptocurrencies play in helping people preserve wealth in Latin America
What four factors give money its value and why there’s no such thing as ‘intrinsic value’
What we can learn from the Classics about the social and political consequences of devaluation and inflation
Connect with Dan DenningThe Bonner-Denning Letter
Connect with Anya LeonardClassical Wisdom
The Essential Greeks Course
Connect with Joel BowmanJoel on Twitter
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
Resources‘Are the Classics Under Attack’ on Classical Wisdom
‘He Wants to Save the Classics from Whiteness. Can the Field Survive?’ in The New York Times
Dr. Eric Adler on Classical Wisdom Speaks
The Battle of the Classics: How a Nineteenth-Century Debate Can Save the Humanities Today by Eric Adler
Antonio Gramsci
Dan Denning on the Bonner Private Research Podcast
Dan Denning’s Presentation for the Hayek Institute
As we get more and more polarized here in the US, the opportunity for civil debate seems less and less feasible.
And yet, there is an organization that’s more interested in what is right than who is right. A platform where you can hear both sides of an issue in an open-minded environment.
Dr. Mark Skousen is the economist, bestselling author and nationally-recognized investment expert behind the longstanding Forecasts & Strategies newsletter and the producer of FreedomFest, an independent, nonpartisan festival where free thinkers meet to celebrate great ideas. He currently teaches at Chapman University, where he is a Presidential Fellow at the George L. Argyros School of Business and Economics.
On this episode of The Wiggin Sessions, Dr. Skousen joins me to discuss the idea of gross output, explaining why GO is a better measure of economic growth than GDP.
Dr. Skousen introduces us to the investing approach favored by the Austrian school of economics and describes why Austrian economists believe in Bitcoin and gold as a hedge against inflation.
Listen in for Dr. Skousen’s insight on adjusting your portfolio in the Biden era and learn more about attending the upcoming FreedomFest conference in South Dakota this July.
Key TakeawaysWhat’s missing from GDP and why gross output (GO) is a better measure of economic growth
How GO held up better than consumer spending during the pandemic
Why the government should focus on getting businesses back rather than giving people money
Dr. Skousen’s insight on the benefits of globalization
What differentiates the Austrian school of economics and how Austrian economists have influenced Wall Street
Dr. Skousen’s predictions around inflation and why Austrian economists believe in Bitcoin and gold
How investors should adjust our portfolios in the Biden era
How Dr. Skousen thinks about Reddit nation, Robinhood and the GameStop saga
How big tech is becoming a threat to free speech and why we need the freedom to dissent
FreedomFest’s focus on civil debate that explores both sides of a given issue
Connect with Dr. Mark SkousenDr. Skousen’s Website
Forecasts & Strategies
FreedomFest
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesBooks by Dr. Mark Skousen
The Structure of Production by Mark Skousen
US Bureau of Economic Analysis
Dr. Skousen’s Libertarian CEOs Course
A Viennese Waltz Down Wall Street by Mark Skousen
Cathie Wood at ARK Invest
DuckDuckGo
Anthem Film Festival
Reagan
Kevin O’Leary & John Mackey Debate
John Mackey & Bill Bonner on Libertarian CEOs
Conscious Capitalism: Liberating the Heroic Spirit of Business by John Mackey and Rajendra Sisodia
Cato Institute
Atlas Shrugged by Ayn Rand
Agora Financial
The Making of Modern Economics by Mark Skousen
In the early 1990’s, George Gilder was studying the physics of microchips and fiber optics. And in considering how these technologies might interconnect in unexpected ways, he predicted the innovation of the smartphone technology and wireless networks we depend on today.
So, what does America’s #1 futurist see coming down the pike now?
George is the bestselling author of 19 books in the realm of economics and technology. Known as the go-to futurist for Silicon Valley billionaires, George shares his ideas on technological innovation through Gilder’s Daily Prophecy.
On this episode of The Wiggin Sessions, George joins me to discuss his information theory of capitalism, describing how ideas and innovation flourish in a free economy and sharing his critique of Matt Ridley’s How Innovation Works.
George explains why he sees the Chinese as the big challenge of this epoch and shares his experience as an advisor to President Reagan.
Listen in for George’s thoughts on the impact of the pandemic and find out why you should forget about 5G stocks and invest in 15G instead!
Key TakeawaysHow military strategy and game theory inform George’s work
The difference between qualitative vs. quantitative arms races (and which favors free countries)
George’s insight on the relationship between creativity and surprise
The big idea behind George’s information theory of capitalism
Why free economies generate more creative results
How social issues influence the way George thinks about investing and his thoughts on the pandemic
George’s experience as an advisor to President Reagan and his role in the Strategic Defense Initiative
How George sees China as the ‘big challenge of this epoch’ and why a trade gap does NOT mean we’re losing
What Matt Ridley gets wrong in How Innovation Works
George’s approach to formulating ideas and why he’s most proud of his predictions around mobile systems and Wi-Fi
Why Wi-Fi 6 and 15G are much more interesting than 5G
Connect with George GilderGilder’s Daily Prophecy
15G
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesLife After Google: The Fall of Big Data and the Rise of the Blockchain Economy by George Gilder
Wealth and Poverty by George Gilder
Life After Television: The Coming Transformation of Media and American Life by George Gilder
Henry Kissinger
Thomas Schelling
John von Neumann
Hans Morgenthau
Claude Shannon
Kurt Godel
Gregory Chaitin
Unreported Truths About COVID-19 and Lockdowns by Alex Berenson
Reagan’s Strategic Defense Initiative
Peter Navarro
Matt Ridley
Peter Huber
How Innovation Works: And Why It Flourishes in Freedom by Matt Ridley
George’s Critique of How Innovation Works
‘Can Cargo-Carrying Drones Jump Over Air Freight’s Logistical Logjams?’ in IEEE SPECTRUM
2020 was a volatile year. And both the pandemic and the political fireworks around the election have an influence on the value of the US dollar. Does that mean the value of precious metals is on the rise? And can gold still protect your wealth?
Byron King is a Harvard-trained biologist and former aide to the United States Chief of Naval Operations. He is also our resident gold and mining expert and Managing Editor of Whiskey & Gunpowder.
On this pre-election episode of The Wiggin Sessions, Byron joins me to discuss the civil unrest surrounding the 2020 presidential election, explaining what we can learn from history about tearing down a country’s institutions and how the political turmoil might impact precious metals.
Byron shares the underreported story of how China’s factory shutdowns are ‘breaking the supply chain of the world’ and weighs in on why it’s crucial for the US and Canada to build its own rare earth industry.
Listen in for Byron’s insight on what pumping money into the economy means for gold, where all that stimulus money is likely to go, and how long the dollar will remain the reserve currency of the world.
Key TakeawaysByron’s background as a geologist in the oil and gas industry, naval fighter pilot and writer
How the current political environment parallels that of the 1930’s and Byron’s concerns about stacking Congress and the Supreme Court
What we can learn from the French Revolution about the danger in tearing down institutions
Why a country needs its strategic narrative
How Byron thinks about pumping money into the economy—historically and during the pandemic
Where the stimulus money is likely to go (e.g.: real estate, precious metals and paper assets)
Why people moving out of the cities is a long-term trend
The underreported story of how China’s factory shutdowns are breaking the supply chain of the world
Why it’s crucial for the US and Canada to build its own rare earth industry and what makes battery metals the way of the future
How our current circumstances (i.e.: civil unrest, low velocity of money) might impact the value of the dollar and what that means for gold
What might happen to the stock market in the aftermath of the presidential election
How long the dollar will remain the reserve currency of the world
Connect with Byron KingWhiskey & Gunpowder
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesJohn T. Flynn
Garet Garrett
National Industrial Recovery Act
The Roots of American Order by Russell Kirk
Edmund Burke
Howard Zinn
Federal Reserve Act
Jim Rickards
China’s Embargo on Lockheed Martin
Medallion Resources
Mountain Pass
Piedmont Limited
John Mauldin
Whiskey Rebellion
Bretton Woods System
Go to college. Get a good job. Save for retirement.
The model for living a happy life (or at least a safe one) is crumbling around us. The systems are broken, and doing things the ‘right’ way no longer affords the security we were promised.
So, how do you uncover what IS true and forge your own path? How do you choose yourself?
James Altucher is a former hedge fund manager and bestselling author of Choose Yourself: Be Happy, Make Millions, Live the Dream. His latest release is called Skip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals.
On this episode of The Wiggin Sessions, James joins me to describe the heated response to his article ‘NYC Is Dead Forever … Here’s Why’ (including Jerry Seinfeld calling him a putz!) and discuss the devastating consequences of the economic lockdown in New York.
James explains how global demand for the US dollar is staving off inflation for the time being and why the go-to wealth protection asset is shifting from gold to Bitcoin.
Listen in for James’ take on the Reddit/GameStop incident as part of a bigger battle between Silicon Valley and Wall Street and learn how to sift through what’s true and what isn’t to ultimately choose yourself.
Key TakeawaysThe heated response to James’ article ‘NYC Is Dead Forever … Here’s Why’
The devastating consequences of the economic lockdown in New York City
Why the big businesses that survived the pandemic will recover quickly as the economy reopens this Spring while small businesses may not
What inspired James’ move to Miami and how life in Florida through COVID differs from life in New York
How global demand for the US dollar is staving off inflation for the time being
Why the ‘flight to safety’ is shifting from gold to Bitcoin
James’ take on the Reddit/GameStop episode as one spoke in the wheel of the battle between Silicon Valley and Wall Street
The business models that could come from crypto and blockchain technology
How the media portrayed the GameStop story as part of cancel culture and why James’ sees it as an example of billionaires vs. billionaires
What Choose Yourself teaches about sifting through what’s true and what isn’t to make informed decisions about our lives
How making a commitment to improve by 1% each day compounds over time
What James learned from Adam Grant about how our first reactions aren’t always right
Connect with James AltucherChoose Yourself: Be Happy, Make Millions, Live the Dream by James Altucher
James Altucher’ BIG BET
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesSkip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals by James Altucher
‘NYC Is Dead Forever … Here’s Why’ by James Altucher
Jerry Seinfeld’s Op-Ed in Response to James’ Piece
The James Altucher Show
Choose Yourself: The James Altucher Story Docuseries
Stand Up NY
Dr. Marty Makary on The James Altucher Show EP560
Jim McKelvey on The James Altucher Show EP576
Jim McKelvey on The James Altucher Show EP635
Casey Research
ARK Invest
Tyler Winklevoss’ Blog on ‘The Case for $500K Bitcoin’
Altucher’s Crypto Trader
Glenn Greenwald’s Article on the Capitol Riot
Adam Grant on The James Altucher Show EP684
Originals: How Non-Conformists Move the World by Adam Grant
Think Again: The Power of Knowing What You Don’t Know by Adam Grant
The Fed appears to have gone full-on MMT, spending like there’s no tomorrow.
But who benefits most from the trillion-dollar government stimulus? What sectors is the administration likely to invest in as we reopen the economy? And how can individual investors leverage these insights to make informed decisions moving forward?
Nomi Prins is a geopolitical financial expert, investigative journalist and consummate Wall Street Insider. Her latest book, Collusion: How Central Bankers Rigged the World, is an expose of the 2008 financial crisis that describes how the influence of central bankers triggered a massive shift in the world order.
On this episode of The Wiggin Sessions, Nomi joins me to explore what the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis, sharing her take on the advantages of public-private partnerships and the problem she sees with a single, large stimulus relief package.
Nomi discusses what the reopening of the economy will look like and describes what infrastructure is necessary to accommodate our migration out of urban centers.
Listen in for Nomi’s breakdown of the five key areas of investment moving forward and learn how you can take advantage of these trends to be a winner in the post-pandemic economy.
Key TakeawaysWhat behaviors will stay in place as the economy reopens and how the rise of remote work might impact retail investors
Nomi’s insight on the infrastructure necessary to accommodate our new behaviors
How Nomi thinks about the migration out of cities and whether urban centers will come back
Nomi’s take on who the winners and losers will be as the economy reopens
What the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis
The advantages of public-private partnerships on infrastructure projects
Why the US needs a cohesive infrastructure plan to compete with China (and why it’s unlikely to happen in the current political climate)
Nomi’s response to people who categorically dismiss government investment
The problem Nomi sees with a single, large stimulus relief package vs. separate bills that direct money to specific goals
Nomi’s breakdown of the five key areas of investment in a post-COVID economy—infrastructure, copper, travel/entertainment, 5G and energy.
How individual investors might take advantage of the trends around copper and 5G
Why it’s beneficial for US investors to pay attention to trends in Asia as we make decisions moving forward
Connect with Nomi PrinsCollusion: How Central Bankers Rigged the World by Nomi Prins
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesThe New Great Depression: Winners and Losers in a Post-Pandemic World by James Rickards
Frankenstein by Mary Shelley
Change Healthcare
The Blacklist
Wynn Las Vegas
Virgin Hyperloop
The way John Schroeter sees it, we can let the future happen to us, make the best of the future as it unfolds, or craft the future for ourselves.
And he contends that we don’t need to be experts to pursue our own vision of the future. In fact, it’s best to approach innovation as a neophyte, limited only by our imagination.
John is the Executive Director of the Abundant World Institute and coauthor of Moonshots: Creating a World of Abundance. He is also the editor of After Shock: The World’s Foremost Futurists Reflect on 50 Years of Future Shock—and Look Ahead to the Next 50, a collection of essays that mark the 50th anniversary of Alvin and Heidi Toffler’s Future Shock.
On this episode of The Wiggin Sessions, John joins me to share his top takeaways from Future Shock, discussing how media consumption influences our optimism for the future and challenging us to consciously create a future of our own design.
John explains how Moonshots evolved beyond the book to become a funding source for new technologies and offers insight on how economic and government policy impacts innovation.
Listen in as John describes his experience working with Richard Branson on Moonshots and find out why naïve, non-experts are usually responsible for the biggest breakthroughs.
Key TakeawaysHow After Shock was inspired by the 50-year anniversary of Future Shock
John’s top takeaways from After Shock around radical ideas competing for mindshare and the if-then-else exemplar for crafting the future
How John thinks about After Shock in the context of the pandemic and the election
Why people are more fearful of the future today (when we have more reason to be optimistic) than we were in 1970
How media consumption impacts our optimism and why the models perpetuated in the 24/7 news cycle are faulty
John’s take on the ideas in After Shock re: measuring economic growth via productivity and communicating through zero-cost platforms
John’s argument against the idea that we’re victims of our technology
How social media platforms only have the power we give them as subscribers and why John would rather see market influence than government intervention
John’s experience working with Richard Branson and why non-experts are usually responsible for the biggest breakthroughs
How Moonshots evolved out of John’s interview with Naveen Jaim
John’s insight on how economic and government policy impacts innovation
How John’s favorite project in the Moonshot portfolio couples AI with data science to facilitate a new ‘imagination science’
Connect with John SchroeterAbundant World Institute
Moonshots: Creating a World of Abundance by Naveen Jain with John Schroeter
After Shock: The World’s Foremost Futurists Reflect on 50 Years of Future Shock—And Look Ahead to the Next 50 edited by John Schroeter
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesFuture Shock by Alvin and Heidi Toffler
Popular Electronics, Mechanix Illustrated and Popular Astronomy
Extraordinary Popular Delusions and The Madness of Crowds by Charles MacKay
Gallup Poll on Confidence in Mainstream Media
Richard Branson
Virgin Galactic
Elon Musk
SpaceX
Ranger 3 Moon Mission
Naveen Jain
Moon Express
Juan Enriquez on The Wiggin Sessions EP004
Synthetic Genomics
Joseph Schumpeter
Books by George Gilder
Telecosm: The World After Bandwidth Abundance by George Gilder
NPR Story on Recreational Boating as an Economic Indicator
History doesn’t necessarily repeat itself, but it does rhyme. And looking at current events through the lens of the Classics offers us an opportunity to see the parallels between ancient history and the current news cycle—and question what both sides want us to believe.
Anya Leonard is the Host of Classical Wisdom Speaks and the Cofounder and Director of Classical Wisdom, a platform that applies ancient philosophy, history and mythology to what’s happening now. Anya studied philosophy and history at St. John’s College and earned her MA in Sociology from the University of Edinburgh.
On this episode of The Wiggin Sessions, Anya joins me to explain how Classical Wisdom affords us a deeper perspective on current events, describing how ancient history is just as relevant to our political and economic wellbeing as it was 3,000 years ago.
Anya shares her experience under strict lockdown rules in Buenos Aires, exploring how her point of view on the pandemic is shaped by an understanding of the Classics and her upbringing as a third-culture kid.
Listen in for Anya’s insight on the power of myth around our political leaders (including examples she noticed in the 2020 election) and learn how the Classics can give you an edge in business and beyond.
Key TakeawaysAnya’s experience under strict lockdown rules in Buenos Aires
How seasonality and human behavior impacted the COVID numbers in Argentina and when cases there started to drop off
How Classical Wisdom affords us a deeper perspective on current events (e.g.: the pandemic and the US election)
Anya’s take on how ancient history can improve our lives right now
How living outside the US gives Anya a different perspective on the rhetoric of the presidential election
The benefits of growing up as a third-culture kid and how it makes Anya question the validity of ‘just about everything’
The power of myth around political leaders uncovered at the Power & Politics Symposium 2020
Anya’s insight on the myths surrounding the 2020 US presidential election and why we continue to believe in myths to justify our previous actions
How studying the Classics helps us suspend judgement, fully understand both sides of an argument and get to the truth of the matter
Why a willingness to change your mind is not a position of weakness
Why Anya considers philosophy to be a way of life rather than a field of study
How an understanding of the Classics gives us an edge in terms of handling stressful situations and making good decisions
Connect with Anya LeonardClassical Wisdom Weekly
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesHow Can We Win an Argument? on Classical Wisdom Speaks
Victor Davis Hanson
Classical Wisdom’s Power & Politics Symposium 2020
A.A. Long
Massimo Pigliucci
Donald Robertson
Gods & Monsters: Myths & Tales by Liz Gloyn
James Romm
Neville Morley
Bonner Private Wines
Classical Wisdom’s Essential Greeks Course
The Iliad by Homer
The Odyssey by Homer
The pandemic accelerated the trend toward remote work, triggering a surge of US millennials in Latin American beach destinations.
So, how might real estate investors capitalize on our ability to work from anywhere? And what other opportunities are available to international investors in the wake of the COVID crisis?
Ronan McMahon is the Founder and Editor of Real Estate Trend Alert or RETA, the premiere membership program for making money through international real estate. Ronan has 20 years of experience finding and reporting on real estate opportunities the world over, and he has been featured in Forbes, Reuters and International Living.
On this episode of The Wiggin Sessions, Ronan joins me to discuss the health of the real estate market in light of the pandemic, describing the wave of remote workers moving to Latin American markets and the development opportunities in places like Cabo, Tulum and Panama City.
Ronan shares the fire sale opportunities he took advantage of after the last global economic crisis and offers advice on where in Europe to focus your short-term rental investments.
Listen in for Ronan’s insight on the tax advantages of investing in certain international markets and learn how to build your own expatriation strategy through real estate investment.
Key TakeawaysThe international real estate opportunities Ronan shares with RETA members
How Ronan bought real estate at 80% off in Spain and Ireland after the global financial crisis
How Ireland’s real estate and corporate tax system influences foreign direct investment in the country
Ronan’s insight around development opportunities in Panama, Cabo and Tulum in the wake of COVID and the surge of millennial remote workers in Latin America since the pandemic
How Ronan is capitalizing on Panama’s tax credit for developers
How Ronan’s team replicated the members-only tour experience with video during COVID
Why Ronan recommends investing in high-STR-demand areas in Italy (e.g.: Rome, Venice)
How currency appreciation in COVID doubled investors’ buying power
How a lifestyle buyer might use a property for rental income, capital gains or as their residence
The financing available to real estate investors in Latin America and Europe
The benefits of Golden Visa programs like that of Portugal and Uruguay
RETA’s resources for creating an expatriation strategy and tax planning on an international level
Why buying property is tricky in Asia (and what countries DO allow ownership rights to foreign investors)
How Ronan leverages the China effect to make decisions about where to invest
Connect with Ronan McMahonReal Estate Trend Alert
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesBonner and Partners
Enterprise Ireland
Portugal’s Golden Visa Program
Uruguay’s Golden Visa Program
RETA Virtual Event: My Formula for Freedom
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