March 2020

Costa Rica Has Closed Its Borders – How We Are Managing Our Costa Rica Real Estate Now

– Posted in: Real Estate
view of walkway and pool in the background

I had written before about how the coronavirus pandemic has affected our FIRE plans, and this was before a continued spike in cases worldwide and Costa Rica closing its borders. Costa Rica indicated the border closings were through April 12, but the pandemic appears far from abating. Estimates for a vaccine are 12-18 months away. Who knows if the border closure will be extended? Even if Costa Rica does reopen [...]

Side Hustle In Paradise – NYC Millennial Balances Full-Time Job With Vacation Rental In The Dominican Republic

– Posted in: Profile
view of a living room and outdoor deck

Recently, I bumped into a colleague at one of my clients and discovered we had more in common than just working at the same place. Like me, she had an international vacation rental business, only this time in the Dominican Republic (DR), and she’s only 27! Of course, I had to know more about how this New York City millennial balances a full-time job with real estate. Meet Manuela Rodriguez [...]

What I Learned About Myself After Taking A 33% ‘Avoidable’ Investment Loss

– Posted in: Finance
man staring at a chart with declining numbers

I am a member of a personal finance forum, and a spirited discussion has erupted this week among the participants – of course, the global markets are in freefall. There were many signs pointing to a market downturn – e.g., high P/E ratios unsupported by underlying economics, low and even negative interest rates. The moderator was emphasizing these signs (he’s big on taking a risk managed approach), but since he’s [...]

Philippines 2020: How Much We Spent On Our DIY Spa Vacation

– Posted in: Travel
view of a park with city in far background

*** As we write and publish this, the Coronavirus pandemic is literally sweeping the world. Our own life and work has already been impacted, but we publish this in an effort to share our recent experiences, and in the spirit of hoping that in the coming months things recover and get back to normal. ========== After almost 30 years of not visiting the Philippines, I have been back three times [...]

Coronavirus And Financial Planning – Five Ways Our FIRE Plan Has Been Impacted

– Posted in: FIRE
woman in front of cityscape with binoculars

It has been a tumultuous few weeks, with the COVID-19 (coronavirus) outbreak officially declared a pandemic, global stocks in bear market territory, and companies and schools changing to remote processes. Three of my work projects so far are affected: I was supposed to coach at a pan-Asian media conference in Singapore this week – that has been postponed till July. A half-day training assignment scheduled for next week has been [...]

Family Of Four Sells Everything And Relocates From The UK To Build A Thriving Hotel Business In Potrero Costa Rica

– Posted in: Profile
large pool with building in a background

House Hunters International, Escape The Continent and The Great Escapers are just some of the shows that sell the expat dream of establishing a new life abroad. But what’s it like to really do it? Dawn Banks is a married mom of two who has actually done it. In July 2017, Dawn, her husband Nathan and their two children, Berri and Pablo, sold everything they had, left the UK for [...]

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