Was wondering what are the ways to dispose of modest amounts (<1m) of excess liquidity if such liquidity is held with some EMI? Where to stash it so it "disappears" from the cash accounts and moves into something producing some passive income?
I.e. for instance it could be life insurance annuities, offshore real estate (or even some legit offshore utility business), brokers/stock market (but heared some EMIs have problems with transfering to some brokers and vice versa, can end up to being unable to move it back to EMI but only to an onshore bank), supplementary pension scheme (but offshore),....Any ideas? Maybe some reputable offshore︀ asset managers (similar to Moneyfarm, but working worldwide and having only the most mandatory KYC)︁
I would exclude crypto of any kind, even stable coins and such, due to incompatibilites︂ with EMIs and general market and not risks associated with crypto frency
I.e. for instance it could be life insurance annuities, offshore real estate (or even some legit offshore utility business), brokers/stock market (but heared some EMIs have problems with transfering to some brokers and vice versa, can end up to being unable to move it back to EMI but only to an onshore bank), supplementary pension scheme (but offshore),....Any ideas? Maybe some reputable offshore︀ asset managers (similar to Moneyfarm, but working worldwide and having only the most mandatory KYC)︁
I would exclude crypto of any kind, even stable coins and such, due to incompatibilites︂ with EMIs and general market and not risks associated with crypto frency
