Home country bias is when investors put too much of their money into companies based in their own country. It’s natural to feel a sense of loyalty to companies that are based in your home country, but it can be a risky investment strategy.
Cash should always be safe, liquid and accessible. The point of an emergency fund after all is that the funds should be available whenever we need them. However, it is also important that we are aware of the drawbacks to holding too much cash in our bank account. Although banks are considered to be a safe and convenient option for our money, here are six reasons why you might want to look at other ways to store and grow your wealth
As more and more people move to Poland to work, study or retire, expat banking has become an important consideration for many individuals. Banking in Poland as an expat can be complex, as there are a range of options and regulations to navigate. This article aims to provide an overview of the key factors to consider when banking as an expat in Poland.
As a financial adviser, I have seen first-hand the chaos that can ensue when a loved one passes away suddenly without any preparation in place. As an expat, it is not uncommon to have important documents spread across multiple locations, which can create a massive headache for survivors who are already grieving. That’s why I always recommend creating an “in case of death” folder, a single file (digital or physical) where you keep all of your important personal and financial information together.
Are you considering a move to Poland? Whether you’re already living here or just thinking about it, it’s important to know the common financial planning mistakes that many expats make. Here are some tips and tricks to help you avoid them and make the most of your move to Poland.
Unfortunately, we live in an uncertain world that often appears to be full of crooks, scammers and people posing as experts. As a result, it can be difficult to tell the good guys from the bad – never mind finding a genuine financial adviser that is perfectly fitted for your needs.
We don’t usually think about currency risk when we live in our home country. Our income, bills, and investments are usually all in the same currency. However, as an expat in Poland, we face a challenge due to the abundance of options available to us.
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