Going Mental.

So, Trump 2 we can confirm is going to be significantly more volatile than Trump 1. Don’t worry about his comments about ‘bleach curing covid’ as this will pale into insignificance compared to the impact of his comments during Trump 2.

Already we know it’s going to be the US, Trump and Elon first but what does this really mean? During his election pitch good old joe was led to believe the future was going to be cheaper goods, less inflation, a booming stock market and peace on earth.

So, what happened prices are going up, voters are complaining, veterans are complaining, farmers are complaining and business as well. The reality is that the instability he is directly responsible for will cause increased prices and businesses to fail and the poorest to suffer the most.

Again, for those of us who look for the truth in actions as opposed to words none of this is a surprise. I guess the question now is how bad can this get and how can we as participants in this crazy game of life survive and keep our sanity?

Trump is already tearing up the US constitution for the benefit of him and his cronies and ‘poor old Joe’ is destined to become a lot poorer. We will likely look back in years to come and see this as a significant turning point in US and global realpolitik.

More importantly is that as the US looks inwards and alienates its traditional allies those allies will need to reshape their thinking. This will mean new alliances and trading blocs coming together.

Currently the US is still the most significant economy, and most new technologies and ideas have come out of the US. However, as the US looks inwards and restricts entry into the US for the brightest students and talent that will inevitably change, and new ideas and technology will sprout from elsewhere.

We are currently at a defining moment in time and new thinking is needed to adapt to a rapidly changing world. Managing money and personal finance is difficult at the best of times but it just got more complicated.

For Expats, Global Nomads and International citizens there is much to think about. Firstly, investments need to be reviewed and adapted to the new world. The changes in the world are already impacting where people are happy to live, work and retire.

Golden Visa’s, 2nd passports and enquiries about new residence and retirement have spiked as the world spins faster and people look for stable and secure places to live and work.

Listening to the news and seeing the world we understood ripped up in front of us is depressing and it's too easy to bury our head in the sand and hope things will return to normal. They won’t and maybe never will, but the good news is that we all have options.

As individuals how do we make sense of everything and protect ourselves and those we love. First, we need to understand and admit things are changing and then get help in understanding how the changes going on in the world will affect you from a personal point of view.

This help will not come from your bank manager, insurance salesperson, or probably even your financial advisor especially if his/her advice is restricted to a single country. This is where a ‘coach’ is invaluable in helping you make sense of the changes going on in the world and how they affect you.

A good coach can also cover every aspect of your life from investments, insurance, property, estate planning, retirement to things like 2nd passport and golden visa’s.

Don’t bury your head in the sand as the world goes ‘mental’ make an appointment to speak with me so we can discuss how the current world situation affects you. We can then work on creating a plan to help you and those you love make sense of a changing and volatile world.