What do I do about my bank account and investments while I backpack around the world ?
November 12th, 2008 | by admin |BarCo asked:
I am planning to quit my job, sell all my belongings, end the lease on my apertment, take my savings and travel around for a year. I need to maintain cirtain things while I am on the road like a bank account and my investments, I can do all the administrative stuff online but I think they want me to have an address. Where do I have mail go for a whole year and what about taxes on investments ?
I am planning to quit my job, sell all my belongings, end the lease on my apertment, take my savings and travel around for a year. I need to maintain cirtain things while I am on the road like a bank account and my investments, I can do all the administrative stuff online but I think they want me to have an address. Where do I have mail go for a whole year and what about taxes on investments ?
6 Responses to “What do I do about my bank account and investments while I backpack around the world ?”
By Big B on Nov 13, 2008 | Reply
Just burn and sell everything, the chances of you coming back alive are slim.
By lolitabellabella on Nov 16, 2008 | Reply
you do not need to do anything,
also in this day and age, you can
check balances and a lot of things from anywhere in the globe.
If you need an address? what about a post office box,
or some of your friends’s addresses?
By jessiekatsopolous on Nov 16, 2008 | Reply
I’ll take ‘em.
By Cary 1971 on Nov 18, 2008 | Reply
Talk to a VERY responsible family member. One that doesn’t plan on moving soon and offer to pay them a fee to assist you while you’re out of town. If their responsible, they’ll probably do it for free.
Or, hire a bookkeeper… they generally work for $13-$16/hour and you can have your mail go there. There’s always a local bookkeeper (or two) in every town or city or ask a local CPA.
Last resort, pay mailboxes etc, or the UPS Store to hold your mail for a year!!
Good luck!
By Joey K on Nov 20, 2008 | Reply
What is an apirtment and cirtain? I am surprised you have any belongings, but I think backpacking anywhere but in the U.S. would be good, because very few people here would think you speak English.
By macmenow2000 on Nov 24, 2008 | Reply
You can hook everything into Internet, then check in Cyber Cafe’s and hotel computers when you get near civilization. AS far as mail, I would simply contact the Post office directly and ask for their suggestions.