When I was in my twenties attending the University of Copenhagen, I sometimes tried the pick up line saying I was a writer of books. Mostly it didn't work well because the next question would be if I made any money with that and my wingman Thomas would start laughing. However, on some rare occasions, I was lucky when making a joke out of it.
Recently I saw a quote by Ernest Hemingway where he had said “In order to write about life first you must live it”. In my case, I hope that is an accurate statement, as I have only started writing about a year ago. So it is over 25 years ago I was joking about being a writer and now I am actually trying to write and I am building it on my experiences for the last 30 years. Later in 2002, in Havana drinking a mojito at a bar called Copacabana, I was talking to a black American lady who said to me; “You are just a few steps away from being Hemingway”. It was true to some extent, just without the writing.
It would be outstanding living and writing like Hemingway staying at the Hotel Ambos Mundos in old Havana or by the sea in Cojimar where he wrote “The Old Man and the Sea” and hanging out at the now famous bars “Floridita” and “Bodeguita del Medio”. Well, I actually did something like that and I wasn’t very productive. I couldn’t imagine writing like that isolated from the rest of the world. I hear this advice that to write you should be off the internet and read many books. My writing process until now has been different as I use the internet several hours a day and it’s been my platform to write and get practice. I read a lot but mostly articles online and I listen to audiobooks and podcasts.
I regret moving my banking from Denmark to the Cayman Islands in 2003. However, when I did Danske Bank tried to get me to sell all my positions in my portfolio and this way the banker would have made some nice commissions. My new banker in Cayman couldn't believe they were trying to pull this trick on me. Of course, I could transfer my investment portfolio without selling all my positions. Ironically, however, when I left RBC in Cayman in 2014, the same banker had me sell all my positions and he then made some last commissions.
Now, while in Denmark, I contacted a local smaller bank regarding opening an investment account, but they said they had to politely say no thank you and I didn't really get to provide them any information. Danske Bank in Denmark now has a “Danes Living abroad” department and they will probably know better how to deal with it, but I haven't contacted them yet. In my blog I will write about how I choose a platform and about investment.
I am starting from another place than I did around 20 years ago and I have in the last few years gone from the feeling of the glass being half empty to the glass being half full after losing a lot of money between 2014 and 2019. I will look at setting up a new investment portfolio. Fortunate to still have the opportunity to invest and now having more experience and maybe it is soon a good time to start all over in the stock market. With real estate in hindsight, I was good at location. Not so much at investment and a disaster at construction. The real estate I have now has done well as of recently. The location turned out to be excellent.
In the DR I use Banco Popular and am quite happy with them regarding day-to-day banking, but they have limited services. In Miami, I use Bank of America for my business, but for investments in stocks and bonds I know they will refer me to Merrill Lynch and I don’t think I qualify to work with them anymore, as my portfolio will not be large enough. I used them for some years as a way of trying something different after an unpleasant experience with RBC in Cayman in 2009.
After a pause of several years investing in the stock market I am looking at getting into the market again this next year and will be analyzing which bank and platform to work with.