14min chapter

Modern Wisdom cover image

#740 - Nomad Capitalist - How To Travel The World And Pay No Tax

Modern Wisdom

CHAPTER

Diversifying Currencies and Assessing Bank Risk

This chapter discusses the importance of diversifying currencies and the assessment of bank risk. It explores the idea of holding life savings in different currencies and mentions countries like Singapore and Georgia as examples of stable banking systems. The conversation also covers the risks and benefits of depositing money in smaller banks in emerging or frontier countries.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode