Real Estate Investor Magazine South Africa February 2016 | Page 58
AMERICA
Investing In the
US Housing Market
The World You Live in…is Crumbling
BY R J PALANO
I
t’s official – the world you live in is crumbling and
it’s time to take the blinders off. For our clients that
live in South Africa and Brazil, you have issues with
your countries that cannot be ignored.
For my South African friends – unbelievable! When we
initially offered houses to you – the Rand was at 8 – it’s
now at 17 compared to one U.S. dollar.
You need to be more concerned today about protecting
your assets, your family and your financial well-being.
Your currency is falling!
Your governments are corrupt!
Your global buying power is free falling!
Your fear to invest abroad must be overcome!
Most of our clients are business owners that have
created companies, working long hours to be financially
successful. Others have worked hard for an employer
and have been disciplined to save money for their
retirement or for a time they won’t feel like working
so much.
It really sucks when you wake up in the morning
and through no fault of your own – your currency is
devalued and you’ve lost a big part of your savings.
All the financial discipline to save and invest gets washed
down the toilet due to your country’s unstable currency.
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FEBRUARY 016 SA Real Estate Investor
Candidly, if you think your problems in your country
are simply going to go away – think again. It has never
been more important to move your investment dollars
to a safer country that could smooth out the financial
storm ahead.
2016 promises to be a year of change for all of us
and it’s critical to your financial well being to take some
kind of action to protect you and your family.
The biggest problems for investors today
are:
• Where is the safest place for me to invest?
• How do I make sure I don’t get ripped off ?
• Whom do I trust with the money I need for
retirement?
• H