Offshore Guidebook | Real Estate Investor Magazine Offshore Guidebook 2016 | Page 28

AMERICA Investing In the US Housing Market The World You Live in…is Crumbling BY R J PALANO I t’s official – the world you live in is crumbling and it’s time to take the blinders off. For our clients that live in South Africa and Brazil, you have issues with your countries that cannot be ignored. For my South African friends – unbelievable! When we initially offered houses to you – the Rand was at 8 – it’s now at 17 compared to one U.S. dollar. You need to be more concerned today about protecting your assets, your family and your financial well-being. Your currency is falling! Your governments are corrupt! Your global buying power is free falling! Your fear to invest abroad must be overcome! Most of our clients are business owners that have created companies, working long hours to be financially successful. Others have worked hard for an employer and have been disciplined to save money for their retirement or for a time they won’t feel like working so much. 26 Offshore Handbook 2016 It really sucks when you wake up in the morning and through no fault of your own – your currency is devalued and you’ve lost a big part of your savings. All the financial discipline to save and invest gets washed down the toilet due to your country’s unstable currency. Candidly, if you think your problems in your country are simply going to go away – think again. It has never been more important to move your investment dollars to a safer country that could smooth out the financial storm ahead. 2016 promises to be a year of change for all of us and it’s critical to your financial well being to take some kind of action to protect you and your family. The biggest problems for investors today are: • • • • Where is the safest place for me to invest? How do I make sure I don’t get ripped off ? Whom do I trust with the money I need for retirement? How do I grow my wealth safely? If these are some of the questions and issues that keep you up at night – keep reading www.reimag.co.za