Hi!
I am 29M male, married, without kids,. I live in Poland, make 20k eur net / month, own an apartment (just paid it off), have around 60k eur in our retirement accounts and have emergency fund for around 6 months. My wife earns around 2k eur net per month, we save up around 15k eur a month (plus retirement savings of around 1.5k eur per month).
In around a year or two we plan to buy a second property and we see two options:
1) buy a house in Poland and rent out our apartment.
2) buy an apartment in western europe (france or italy) and probably not rent it at all as this would be too much hassle doing it from the distance.
Under normal circumstances we would just do 1) as we like living in Poland very much, but with all the risks of war with Russia we thought about hedging against a war and being more geographically diversified. We would still plan to live mostly in Poland and probably spend around 3 months a year in the apartment in France / Italy.
I am very interested in your opinions, does it make sense? Or maybe better simply invest more in global stocks, keep the money in the foreign brokerage account and that would be our safety nest in case war comes to Poland and our local investments are wiped out.
I am 29M male, married, without kids,. I live in Poland, make 20k eur net / month, own an apartment (just paid it off), have around 60k eur in our retirement accounts and have emergency fund for around 6 months. My wife earns around 2k eur net per month, we save up around 15k eur a month (plus retirement savings of around 1.5k eur per month).
In around a year or two we plan to buy a second property and we see two options:
1) buy a house in Poland and rent out our apartment.
2) buy an apartment in western europe (france or italy) and probably not rent it at all as this would be too much hassle doing it from the distance.
Under normal circumstances we would just do 1) as we like living in Poland very much, but with all the risks of war with Russia we thought about hedging against a war and being more geographically diversified. We would still plan to live mostly in Poland and probably spend around 3 months a year in the apartment in France / Italy.
I am very interested in your opinions, does it make sense? Or maybe better simply invest more in global stocks, keep the money in the foreign brokerage account and that would be our safety nest in case war comes to Poland and our local investments are wiped out.
