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Simple, Smart Investing for Expats, by Andrew Hallam (CSPFI Dubai Meetup 22...

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Dubai College

Hessa St.

Al Sufouh

Dubai, Dubai

United Arab Emirates

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We are really excited to announce that Andrew Hallam, the author of "Millionaire Expat: How To Build Wealth Living Overseas (Wiley 2018)", accepted to speak to CSPFI this Monday 29 of January 2018 in the evening.

This event is organized by the volunteers of the community "Common Sense Personal Finance and Investing - The UAE Bogleheads Chapter". Join us on our Facebook group (https://www.facebook.com/groups/CSPFI/), Meetup (https://www.meetup.com/Common-Sense-Personal-Finance-and-Investing-Dubai/) and our community website (http://bogleheadsuae.wixsite.com/website).

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Andrew will be giving two talks! Here is what will be covered:

Session 1 (7:00 – 7:35 pm). How much should you be saving for retirement? This hands-on session helps you find an answer based on your personal goals. Please bring your mobile phone with 3G/4G so he can guide you to find your individual numbers.

Session 2 (7:45-8:45 pm). Simple, Smart Investing (Theory & Education)

Imagine this. You’re thinking of buying a couple of avocados. The avocado supplier is visiting the supermarket. He says, “These are the best avocados in the world.” On the outside, they look great, so you put a handful in your basket. But then you get home and cut one open. It’s rotten to the core.

That’s what happens to most expats in the Middle East. Only, they aren’t buying avocados. They’re buying investment products. They hope these products will help them in retirement. But the investment products, like the avocados, are black and moldy inside.

Such products are sold prolifically. In fact, if you live in the Middle East, and you own a stock market-related investment, odds are you own a rotten product.

I’m guessing you already suspected that. After all, global stock markets have risen a lot over the past five years. Your money likely hasn’t.

In fact, if we measure the growth in U.S. dollars, the average global stock has gained 68 percent over the past five years (ending December 31, 2017). The average U.S. stock has gained 102 percent over the same time period.

If you measure investment results in British pounds, the growth was even higher. Measured in British pounds, the average global stock gained 104 percent over the past five years. The average U.S. stock gained 142 percent over the same time period.

If you live in the Middle East, and you invested with a financial salesperson who sold you something rotten, you didn’t make anything close to that. What’s worse, you probably can’t sell that investment without incurring a huge penalty.

Andrew Hallam will explain why you didn’t make much money (if you made anything at all). He'll show how you could invest on your own, or how to hire an ethical financial guide. He'll explain that fair investment products can be sold at anytime, without incurring penalties.

You deserve decent investment returns. Let him show you how.

About Andrew Hallam:

In brief, Andrew is an author, freelance finance journalist and a former international school teacher who got fed up with seeing everyone getting taken advantage of by the plethora of financial companies (especially out here in the Middle East) and decided to write two best-selling books to help out the layman. His book, Millionaire Teacher: The Nines Rules of Wealth You Should Have Learned in School, in particular, has been a real hit. He also wrote The Global Expatriates Guide To Investing, which was recently updated and renamed Millionaire Expat, How to Build Wealth Living Overseas. More can be found out about him here: https://andrewhallam.com/

Andrew gives financial advice but is NOT a financial advisor – far from it, he is a teacher, author and finance journalist here to help us cut through the minefield of financial advice that is on offer in the Middle East. It can often be confusing but that does not mean that we should be losing out. Andrew is not here to influence us in a particular direction, but to help us make better and more informed choices. It could be the most important talk that you ever attend.

Date & Time:

6.45 to 9.00 PM on Monday 29 of January 2018

Venue:

Dubai College Auditorium

Access through the second car park down Hessa street as you drive away from the beach. We highly recommend car pooling or coming by taxi if possible.


We look forward to seeing you there!

The CSPFI Team

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Date and Time

Location

Dubai College

Hessa St.

Al Sufouh

Dubai, Dubai

United Arab Emirates

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