Money. Cash. Capital. Funds. Finances. Moola. Currency. There are lots of different words used to define what makes our world go round. We spend money everyday to buy goods and services. We use money to invest in beautiful Belize, travel the world, support our families, and live a fulfilling life. But did you know there is an actual difference between money and currency? Before we get into the differences, let’s review a little history. For the last 3,000 years, money has existed in some shape or form. Before that time, a system of bartering existed, which is the direct trade…
carribbean
What does it take to be in the top 1% in the US? According to the 2021 Knight Frank Wealth Report, roughly $4.4 million. While you might not have that kind of net worth, you can still take a page out of their book when it comes to making investment decisions. Here are a few key points to investing like the top 1%: Their portfolios are diversified. According to this article from Yahoo Finance, “In addition to holding 61 percent U.S. equities (stocks), the top one percent typically has 12 percent cash, 11 percent allocated to real estate, 6 percent…
COVID-19 and Belize Belize’s tourism had grown over 96% from 2011 to 2018 and was one of the fastest-growing Caribbean destinations. In March of 2020, all that came to a screeching halt with COVID-19. I have faith that Belize will be a tourist destination once again when we are all safe to travel. Here’s a recap of our journey through this crisis so far… the first known cases were from a Belizean/American coming back from Los Angeles and another who came from New York. That was the start of the spread. As of May 2020, Belize has had 18 cases…