About this episode
Our guest today Andy Ovaseas retired early at 35 and used Geoarbitrage (living in a low cost of living country) as well as tax advantages living in South America (Panama) to help him get there. Andy writes at the blog ’60 Seconds to FIRE’ and also is the author of the book the ‘Ultimate Mini-Retirement Guide'. He also runs a Facebook group ‘Retire with Geo FIRE’ which has over 2,700 members and counting.The things you’ll learn:How long Andy has been FIThe reality of being Financially Independent How being FI has made him more productiveHis journey to get to FI by 35 How he started investing in Crypto Why he moved to Panama (and Tax Advantages)The Basics of Options Trading and how he uses it to earn an incomeHis monthly passive income targetsHow you can return an extra 10+ % from trading OptionsHow Options pays for his living costs How others can move to tax advantage country and also trade options for incomeBenefits and challenges of doing geoarbitrage in PanamaMini-retirement guide book - introducing the book and why he wrote itAdvice for anyone thinking about geoarbitrage and mini-retirements - using the book as a guide - step by step process from before the trip to while on the tripIntegrating into a new community Quick-fire round questions at the end:Something you wished you done 10 years ago?The daily habits that helped Andy in his lifeAndy’s most important lesson in lifeAndy’s transformational book recommendations1-2 small things listeners can do this week to help them retire earlyAndys Websites/Socials:Facebook Group: https://www.facebook.com/share/g/15XJXUESbz/Retire with GeoFire Andys Book: The Ultimate Mini-Retirement Guide: https://www.amazon.com/dp/B0DWKVB2M4Substack: https://60secondstofire.substack.com/FAT FIRE Conference (more details in the FB group)Freedom Before FI Links:Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ Worksheet at: https://freedombeforefi.com/free-guides/Website: Check out our resources and services at https://freedombeforefi.com/ Email: If you want to connect, send me a note at greg@freedombeforefi.com Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice
