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Aha Jozzi. You expedited your move here after reading my latest post in the Shout Box. 

I am a member of an expat group here that sends monthly bulletins out on the latest news and advice on various matters. So I get most of my info there plus the 2 forums where one can ask questions.

BREXIT:  So far what has been concluded is that any EU member in the UK at May 31/2019 will get Settled Status. Any EU member entering the UK after this date until May 31/2021 with the intention to stay will be given Indefinite Leave to Remain that will lead to Settled status and PR.

The reason I mention that is because Portugal is reliant on UK immigrants and their money. They will reciprocate with the above at minimum but the consensus is that they will not have a cut off date.

Why do you ask about a visa? You don't need one but if you have a non EU member wife then she can get a 12 month visa from the Portuguese embassy. If you do require a visa first ask me here (not PM) as I can give you info on how to fast track it for free. The embassy will not tell you this. 

Most companies with less than 70% exposure to the USD fell by 20%. Those above 70% grew positively. I don't recall that percentage. Read that on some news email today or was it Just One Lap?

If you replace "W" with "T" in "What, Where and When", you get the answer to each of them.

Thanks for asking yozzi. Thought there was an "ignore" button here.

Yes. It was rather hot here and all time records were broken especially down in the Algarve. I pity the firemen with all the fires there.

We are more lucky up here in the north and on the coast so the 35 C was not too bad compared to the 47 C down south. I am used to Fish Hoek that is typically 10 C lower than CT center.

I am still having tax issues here and cannot find any help as to language. No tax assistant has any knowledge of English here. This is not the Algarve. I will have to wait for the tax court or tribunal. At least then they would have to appoint a translator for me.

The last time I went to see them I experience the following.

There was this really BIG guy before me that banged his fist on the desk so hard that the computer leapt a foot into the air and started shouting at the scrawny little bookkeeper who's eyes were as wide as saucers. His thunderous voice must have echoed across the whole town and he carried on for what felt like a full 5 minutes. He then stormed out slamming the doors while still shouting and could still be heard streets away.
This scrawny guy's day was ruined and I was his next client so he took it out on me knowing I could not shout at him in Portuguese.

So that is as far as I got in 5 years.Maybe I they should learn Americanish.



 


 

Am I going senile? If a company issues a Trading Statement it means that the HEPS has grown by more than 20% and I thought this was good. Apparently not so. ADI issued a great TS and it fell by 4,5% in seconds. Today it continued its fall by 2,7%. WTF is going on? Have I got things wrong in my head?

Due diligence is needed when dealing with foreign brokers as many of them are not regulated or say they are but headquartered outside of the jurisdiction of their regulator.

Some of these brokers pretend to invest your money in the country and company you chose but it does not. It gets pooled in one account in their name and you trade against the broker.

If you are a long term investor they may invest your money but they have ways of making money from you.

I have had a bad experience with SAXO- Bank some years ago and I posted here about it. Do research and the best place to do so is the "forexpeacearmy" as they have the expertise and legal people to help.

https://www.forexpeacearmy.com/forex-reviews/149/www.saxobank.com

With today's uncertain financial markets we have no balls. Not even crystal balls to predict longer term movements. We have Nix. Nada. Fokol to go by. Look at the ALSI chart. So short term CFD's to the extent of scalping will or may be the way to go. For a part of one's portfolio. I am concerned at the tax implications though. Almost half would go to tax where investing will be about 13%.
 

Pretty much what I read and subscribe to as well. Plus some Alex Jones Infowars for fun.