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$200,000 saved up - where should I go?

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Boxman
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$200,000 saved up - where should I go?

Post by Boxman » February 5th, 2014, 6:13 am

A broken marriage, an unhappy job, the death of my mother and a series of failed relationships since my divorce have brought me to this. I'm leaving this place (the United States) to start over abroad. There's nothing for me here anymore. My only hope is to start over, in a completely different place so that I can build a completely new life.

I may have ended up 45 and childless, with no real family or friends left, and nothing keeping me rooted to this place... but one thing I did end up with is money. I was never materialistic and always tended to save and invest my extra money, a habit that has left me with over $200,000 in cash and several rental properties bringing in about $2000/month (average net profit - month to month it varies pretty wildly). I can hire a property management company to handle my rental units but that will lower my average monthly income to around $1500 or less.

I dream of quitting my job and settling down somewhere far away, to live off my $200k nest egg and my rental income. Where would be the best place to stretch my dollar but still have access to attractive women that speak a little english? I'm open to the possibilities and haven't my heart set on any one place. I have loved all kinds of women in my life... no hangups about race or anything. I just like my women feminine, loyal and sweet.

So gents if you had $200k and some modest monthly income, where would you go?

PS: If it's relevant, I'm white, still have all my hair, slightly above average height, and in ok shape (not fat, not ripped either).




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tre
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Post by tre » February 5th, 2014, 7:34 am

Depends on what kind of life you are looking for and what type of woman you are interested in. With the amount you have, you could live in several places comfortably. If I were you, I'd head directly to Malaysia and use that location as the springboard to travel all of Asia. You don't have to work, so may as well travel...

??????
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Post by ?????? » February 5th, 2014, 7:58 am

You will probably get several different answers depending on who you ask. Many will recommend you try the Philippines first. As for me, I am more attracted to Russian girls, myself. More information on preparing yourself for Russian women: http://ruadventures.com/forum/index.php ... 78fc3851a8&

Also a former poster, American in Bangkok (Scott Mallon), has a huge amount of advice and video on Thailand at his blog: http://www.anamericaninbangkok.com/ Consultation: http://www.anamericaninbangkok.com/cons ... rvice.html

magnum
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Post by magnum » February 5th, 2014, 11:59 am

My opinion, if you want a younger wife, and your money to go really far, besides the obvious answer?


Vietnam, 1$ is worth 25$ in Vietnam, talk about living like a king?


I was text skyping this viet girl, she's around 20 to 24 years old, I asked her what's the oldest age you would date, she said 40.


So your good to go, but with that much funding saved up, the planet is your playground, depends on your taste in women and how far you want your money to go.

Ghost
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Post by Ghost » February 5th, 2014, 12:02 pm

I wish I had half that...I'd make really good use of it.

The answer is anywhere you want. Any third world or second world place, and you'll be living in comfort no matter where you choose. Don't choose China unless you want to do some business or tourism. I would explore ALL of Latin America if I had that much money. And explore Europe. And Asia. I'd pretty much much go everywhere except Anglo countries, Africa, and Antarctica.

The_Adventurer
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Post by The_Adventurer » February 5th, 2014, 12:13 pm

I think many would recommend the Philippines, and I would too, but what I really think you should do is get a clear picture in mind of what you want your new life to look like first. Write it down in every detail. What kind of house do you want to live in? What do you want to do with your spare time? Do you like alone time or being surrounded by extended families?

Go into every detail of what this new life should look and feel like, and maybe even tell us. Then you will likely get some very good and useful answers as to where you can best match your picture.
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Rock
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Re: $200,000 saved up - where should I go?

Post by Rock » February 5th, 2014, 12:31 pm

Boxman wrote:A broken marriage, an unhappy job, the death of my mother and a series of failed relationships since my divorce have brought me to this. I'm leaving this place (the United States) to start over abroad. There's nothing for me here anymore. My only hope is to start over, in a completely different place so that I can build a completely new life.

I may have ended up 45 and childless, with no real family or friends left, and nothing keeping me rooted to this place... but one thing I did end up with is money. I was never materialistic and always tended to save and invest my extra money, a habit that has left me with over $200,000 in cash and several rental properties bringing in about $2000/month (average net profit - month to month it varies pretty wildly). I can hire a property management company to handle my rental units but that will lower my average monthly income to around $1500 or less.

I dream of quitting my job and settling down somewhere far away, to live off my $200k nest egg and my rental income. Where would be the best place to stretch my dollar but still have access to attractive women that speak a little english? I'm open to the possibilities and haven't my heart set on any one place. I have loved all kinds of women in my life... no hangups about race or anything. I just like my women feminine, loyal and sweet.

So gents if you had $200k and some modest monthly income, where would you go?

PS: If it's relevant, I'm white, still have all my hair, slightly above average height, and in ok shape (not fat, not ripped either).
Welcome comrade. Here's to the beginning of your new life.

Consider visiting the Philippines first. It will be one of the easiest in terms of cost and language while throwing you into the deep-end of what foreign countries can be like in terms of crowds, noise, pollution, and traffic. Moreover, in Metro Manila, you can seek out opportunities to put some of that US$200 K to work by buying rental condos which can yield a consistent net of 8% or more.

You can also start dating there to learn what non-American women can be like. It's gotta be one of the easiest places for a newbie like yourself to get acclimated to life abroad. During your stay there, you can research and plan part 2 depending on how your tastes and desires evolve with your new found freedoms.

Rock
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Post by Rock » February 5th, 2014, 12:33 pm

magnum wrote:
Vietnam, 1$ is worth 25$ in Vietnam, talk about living like a king?
Where in the world did you get that ratio? Sounds absurd. No place on this planet is like that!

magnum
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Post by magnum » February 5th, 2014, 1:49 pm

Google "1 usd to dong"

I could be really mistaken, but the girl I was chatting with told me about this, and I looked it up?

Unless I'm not understanding something here correctly, I've never been good with conversion rates and things of that nature.

Rock
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Post by Rock » February 5th, 2014, 5:25 pm

magnum wrote:Google "1 usd to dong"

I could be really mistaken, but the girl I was chatting with told me about this, and I looked it up?

Unless I'm not understanding something here correctly, I've never been good with conversion rates and things of that nature.
OK, currently 1 US$ converts to 21,110 Vietnamese Dong. But the exchange rates have nothing to do with living costs. I mean, 1 US$ also converts to 101 Japanese Yen at moment. That certainly doesn't mean the US$ is 101 times as strong as the Japanese Yen. I mean what's you seem to be implying reminds me of Fillipinos who think that just because one US$ converts to 45 Philippine Pesos, Americans must be 45 times as rich as they are lol.

pete98146
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Post by pete98146 » February 5th, 2014, 6:07 pm

So many places to check out! You may want to check out http://retirecheap.asia/. JT is based out of Chiang Mai Thailand but he does have travel videos of other Asian countries as well. He's got a ton of great videos that focus on the affordability of homes, food, goods etc.

Much of your location depends on your budget, preference for location ie beach, big city, country etc. Many of focus on Asia because we love Asian women and are on a budget. But you have some good funds coming in so you can choose almost any country that you want. I would recommend taking a long scouting trip.

Good luck!

momopi
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Re: $200,000 saved up - where should I go?

Post by momopi » February 5th, 2014, 6:08 pm

Boxman wrote: I may have ended up 45 and childless, with no real family or friends left, and nothing keeping me rooted to this place... but one thing I did end up with is money. I was never materialistic and always tended to save and invest my extra money, a habit that has left me with over $200,000 in cash and several rental properties bringing in about $2000/month (average net profit - month to month it varies pretty wildly). I can hire a property management company to handle my rental units but that will lower my average monthly income to around $1500 or less.
As a fellow landlord, I have to ask why your month to month rental income "vary wildly" ? Are your tenants on month to month lease terms and have high turnover?

How much experience do you have in international travel? If you've rarely left the US, I'd suggest taking this opportunity to go travel and see the world. Go see Europe, South America, Asia, etc. Go stand in the Mona Lisa room at the Louvre and gawk at the camera mob in front of the painting. Take a stroll down Rue Cler and buy some fresh strawberries.


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xiongmao
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Post by xiongmao » February 5th, 2014, 8:19 pm

I'd recommend Thailand. It's pretty clean, and it's easy to find Western foods and good healthcare. I went to an English speaking doctor in Bangkok and it cost about $5 - it was about $100 in China.

But you could also move around - you can stay for 3 months in Japan and Malaysia without a visa. Both are worth a visit.
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magnum
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Post by magnum » February 5th, 2014, 8:32 pm

@Rock

I understand it isn't relative to just that, I probably shouldn't have posted about the currency value as I have no clue what the "core" conversion rate would be when it comes to living cost.


The girl I was speaking to on skype said in ho chi minh city, that I'd be well off because of the conversion rate, saying a expensive decent meal would cost 2$ U.S


Not factual, just what I've heard

davewe
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Re: $200,000 saved up - where should I go?

Post by davewe » February 5th, 2014, 11:46 pm

Boxman wrote:A broken marriage, an unhappy job, the death of my mother and a series of failed relationships since my divorce have brought me to this. I'm leaving this place (the United States) to start over abroad. There's nothing for me here anymore. My only hope is to start over, in a completely different place so that I can build a completely new life.

I may have ended up 45 and childless, with no real family or friends left, and nothing keeping me rooted to this place... but one thing I did end up with is money. I was never materialistic and always tended to save and invest my extra money, a habit that has left me with over $200,000 in cash and several rental properties bringing in about $2000/month (average net profit - month to month it varies pretty wildly). I can hire a property management company to handle my rental units but that will lower my average monthly income to around $1500 or less.

I dream of quitting my job and settling down somewhere far away, to live off my $200k nest egg and my rental income. Where would be the best place to stretch my dollar but still have access to attractive women that speak a little english? I'm open to the possibilities and haven't my heart set on any one place. I have loved all kinds of women in my life... no hangups about race or anything. I just like my women feminine, loyal and sweet.

So gents if you had $200k and some modest monthly income, where would you go?

PS: If it's relevant, I'm white, still have all my hair, slightly above average height, and in ok shape (not fat, not ripped either).
One thing to consider is what you would be trying to do at 45. Young guys hear $200k and it sounds infinite. But are you trying to keep that nest egg and live off of it in addition to your rental income of $1500. Or do you want to invest it, a risk which can lead to your nest egg going the way of Albert Brooks' in Lost in America. BTW in places like the Philippines you can live nicely off of that $1500 + even a small % of that 200k. But this depends on what your notion of living nicely is. Guys expat abroad and then want American lifestyles and find that it costs. Other guys integrate into their new life and find they can live pretty cheaply.

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