Recent content by bkidiot

I know and agree. That's why I am asking for suggestions. Not an excuse, but life has gotten in the way of things, and my business took off last year. It's a good problem to have (where do I place my funds?), but it's something that needs to get solved. Appreciate everyones input so thank you...

I'm open to both options: keeping the money and/or investing. It's important to note that this is company funds, not personal. The time horizon is also something to consider. For instance, the dividend is due to be paid out in a few months. Does it make sense to buy an ETF, index fund for 3-4...

Thanks. I have proper source of funds. If I go the ETF route, I would most likely use IBKR. I believe they recently opened up a Dubai office which caters to HNWI.

This I agree on. But I'm uncertain as to how... that's why I'm on here asking for suggestions. Given the information provided (happy to share more if there's something specific that would help), what would you do?

Although I appreciate the sentiment, this is not a helpful comment. It's one thing when you can plan for the long term and you have a "permanent" home base, have an idea of what your future needs are... whereas when you're looking at the short time with a few unknowns, it's more difficult (at...

So how do you have things set up (generally speaking)? I lurk on here so I assume you have a healthy portfolio. Do you maintain the majority of your liquid wealth in crypto, and then offramp as needed? re. term deposits, what do you suggest instead when you can only plan for the next 6 to 12...

Change my mind, please. Which banks do you have in mind?

I run a freezone company in the UAE. My business has high profit margins and few overhead costs. Given corporate tax regulations, I'm cautious and taking a "reasonable" salary. The rest will be paid out as a dividend. So the question is: what do I do with the funds that I can't withdraw and...

I'm with them, but to be fair, they're s**t. :) Revolving door with RMs. And I wouldn't be comfortable holding 7 figures with them. Perhaps I'm wrong here?

I'm an EU citizen that left several years ago and now resides in the UAE where I own a freezone company (self-employed). I have no ties with my home country and have no intention of returning. And I don't plan on staying long term in the UAE (perhaps another 1-2 years). I don't know what my...