Saturday, October 24, 2009

What do I do about my bank account and investments while I backpack around the world ?

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 ?
What do I do about my bank account and investments while I backpack around the world ?
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!
Reply:Just burn and sell everything, the chances of you coming back alive are slim.
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?
Reply:I'll take 'em.
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.
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.

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