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Home Retirement/Living

Jet-lagged Decision-making

Kathleen Peddicord by Kathleen Peddicord
Dec 22, 2008
in Retirement/Living
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A Fuzzy-headed View

We pull ourselves this morning, bleary-eyed and foggy-brained, out of bed and down the dark, unfamiliar hallway to our laptop…where we sit now wondering what’s going on in the world this early…what is it? Monday morning?

A friend once confided that he has a rule: “I never make an important decision within 24 hours of any trans-oceanic plane ride,” he explained.

“In such a jet-lagged state, who’s to say what I might do? Better to wait until the brain’s had a little time to adjust…”

Our connection in Newark was delayed six hours yesterday due to snow, and we arrived in Paris much later in the day than expected, when the sun was already setting on the Sunday that we’d managed to lose to in-flight movies and time change.

We ventured out for dinner last night to find that this city is as we last left it, two months ago, only dressed now for the season. Boulevard St. Germain, where friends have kindly put us up these first couple of nights, is strung with tiny white lights. Storefronts are draped with pine garland, and shop windows are decorated with little green trees and gold and red baubles. No one does shop windows like the French do shop windows.

The news feeds tell us that, in Ecuador, President Correa has declared he’s not going to pay his bond bills…not that he doesn’t have the money to pay…simply that he’s decided he’s not going to. What does this mean for the foreign investor or retiree in Ecuador? Maybe nothing. We’ll follow up further later in the week.

Right now, in our jet-lagged state, with all Paris on our doorstep, it’s too much to resist the temptation to give in to our seasonal agenda. The plan is to pick up the rental car this afternoon, stop by W.H. Smith (the best English-language bookstore in the city) for a guidebook on the South of France and a good road map, then we’re off early tomorrow for the drive to the coast, where we’ll meet up with our daughter Christmas Eve.

I’ll be in touch from the road.

Kathleen Peddicord

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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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