In its World Economic Outlook released Wednesday, the IMF sharply cut its growth projections for the subprime woe epicenter, the United States, and slashed expectations for the rest of the world to a lesser degree as well.
A key phrase in the above para is the "lesser degree".
This report again highlighted the need for investors to have a global outlook in their investments and lifestyles. There is no denying that the world economies are connected. But the savvy investor and Global Resident, diversifies his portfolio to safeguard his capital and its growth. In an era where large chunks of networth are locked in your primary residence - the word portfolio includes your home. So a decision to downsize in the States could mean instead of having both your properties in California - to selling one and buying an investment property in Mexico (or Costa Rica or Panama).
Visit globalresidency.com for more information on the different destinations that offer great opportunities for enhanced lifestyles and improved returns on your investments.
Links
Global Residency.com
IMF World Report - review by Forbes
GlobalResidency.com - Site Updates
The website GlobalResidency.com was updated today with a new look. Based on inputs from visitors and clients over the past few months, we went in for a face lift.
The new look site tries to offer a much more video oriented theme.
Please send your feedback to info@globalresidency.com.
The new look site tries to offer a much more video oriented theme.
Please send your feedback to info@globalresidency.com.
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