Would you ever put your money into an offshore investment?
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Answers to this question:
I did once -- and lost it all. Never again LOL
I must point out I didn't lose the money because of Scam or dishonesty but rather by legal action on the part of the US IRS
Wow!!! Not being from the U.S Terry I had only heard of rumours from American friends and colleagues about the IRS's dislike of U.S citizens investing offshore.
I think that they assume everyone investing offshore is trying to hide from them!!!
I'm sorry to hear about your misfortrune.
If it makes you feel better, I lost a whole bunch of money from overseas property investment. We live and learn don't we?
Yes If I had some Michael. To be honest and joking aside and looking at what Terry says, then wisdom prevails. I will learn from his costly mistake and say no to offshore investment
It all sounds great and maybe it is with the right investments, but like terry, I got burnt.
i would never even put it into an onshore investment
absolutely! off shore investing is high risk but it does offer huge returns. much better than any u.s returns.
Dale
» Answer from Millie Jackson Answer given 2 years 30 days ago.Sure...sometimes they are safer than home
Total Answers: 7, Total Page Views: 280.» Answer from Cameron Page Answer given 2 years 24 days ago.Only if my mum was the fund manager.
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