IL Postcard

Your Odds Are Better Overseas

Date: 04/30/2008

Thursday, May 1, 2008

The May issue of International Living magazine is online now. Subscribe now to gain instant access.

Many Americans I talk to lately feel like they’re living in a house of cards watching a hurricane bear down on them.

It seems like anything that can possibly go wrong with the U.S. economy has done so. The widening ripples of economic pain spreading from the sub-prime mortgage fiasco and the looming recession are turning into tsunamis…especially for people on fixed incomes and those whose homes are their main asset.

In an election year with a lame-duck president, we probably won’t see the outgoing administration ride to average consumers’ rescue with any last-minute flashes of economic brilliance. And any flashes of brilliance promised by the current crop of Oval Office contenders will likely go the way of most election year promises the morning after the inauguration…right down the presidential commode, along with what’s left of the U.S. economy.

What’s a citizen of what was once the most economically robust and independent country on the planet to do?

We have a variety of answers for you in this month’s International Living. Whether you’re looking for an entirely new way of life or just trying to stop the bleeding and get through the current economic storm without losing the roof over your head, you’ll find food for thought in our pages.

In this month's issue, Bill Bonner will tell you, straight out, what his stop-loss investment strategy is for the foreseeable future. Gary Scott will show you how you can actually use the fall of the dollar’s value and the rise of other currencies to make significant money almost immediately. Suzan Haskins will introduce you to a historic Mexican town loaded with real estate bargains, where values are rising even as those in the U.S. shrink. Stan Wolff describes what he believes is the perfect retirement situation from his 14th-floor condo on Jomtien Beach, Thailand. And in The Last Word, Paul Terhorst will tell you why he thinks waiting any longer to make your move in Latin America could be a serious mistake.

Also in this issue, Laura Sheridan reports on the beachfront bargains she recently found in Fortaleza, Brazil. When you read her article, you’ll see why we’re starting to devote so much time and attention to the place. Watch future issues for more in-depth reporting on the opportunities along this stretch of Brazil’s Atlantic coast.

For many Americans, it seems like there’s no place to hide right now. But as you’ll read in this month’s edition, trouble in one place almost always means opportunity in another.

That’s the International Living attitude…if your house of cards is about to blow away, you can always deal yourself a new hand someplace where the odds are better and the weather is warmer. That’s been our philosophy since International Living began…28 years ago this month, in fact.

So enjoy our 28th anniversary issue, and start shuffling that deck for yourself!

Dan Prescher
Publisher, International Living

The May issue of International Living magazine is online now. Subscribe now to gain instant access.