In Mr. Hallam's latest article, "Women Investors Have Higher Returns in Good Times and Bad", he pulls the reader in by asking them who they think are better drivers? Male or female? The majority of American's say men are superior in this aspect; however, it turns out that 80% of all serious car crashes are caused by male drivers. My theory for this is that men believe they are better drivers than they really are so they take risks on the road (speeding, not wearing seat belts, running red lights, etc.). Women are generally better investors too. Men are less likely to follow simple investing rules such as "buy low, sell high" and don't sell when the stock market crashes. Probably because men think they can cheat the system and earn a rare profit, but women know better.
Another one of Mr. Hallam's articles I was interested in is "Doing the Math Behind a Calculated Move to Distant Shores." In this piece, Hallam talks about the advantages and disadvantages he faced in his move to Singapore. I have been surprised since I've moved here of how high the car prices are (I believe they have a 100% tax?) There is good reason to this however because since Singapore is such a small country, the roads would become over-clogged quickly with the selling of cheap cars. I agree completely about what Mr. Hallam said about the "expat disease". Families here love dishing out their money for simple pleasures like shopping, dining, and entertainment. Just because you have a high salary doesn't mean you should throw it all away.
I just had a look at Tobin's blog http://sb-sas17682.blogspot.sg/2012/08/august-16th-housing-market.html. He told us how his parents took advantage of the low real estate market happening in the US right now. I thought it was brilliant how his parents are renting out the newly-bought house to the old owners because since they have an attachment to the house, they will most likely take good care of it. It is always risky renting a house while living overseas though.
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