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Best Caribbean or Central America location to retire? (Now with South America!)
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Created: by Big Mike Attachments:14

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Best Caribbean or Central America location to retire? (Now with South America!)

  #231 (permalink)
Trading Apprentice
Bocas Del Toro, Panama
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL & NG
 
Posts: 32 since Sep 2012
Thanks: 44 given, 32 received

haha small world!
Unfortunately Bocas is not much of a secret anymore. Can be a good and bad thing just depends which way you look at it.
Also recognise your dock.. Love Carenero except for the fact that the chitras seem to bother me over there and for some reason dont want anything to do with me on Colon!

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  #232 (permalink)
Elite Member
Perdido Beach, AL
 
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websouth's Avatar
 
Posts: 1,150 since Jul 2009
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I'm in bama now. Kids in schooooooool - but we have family down there on and off year round....no real bad time to be there.

in-laws there now for last 3 months or so.

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
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  #233 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
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Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
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websouth View Post
I'm in bama now. Kids in schooooooool - but we have family down there on and off year round....no real bad time to be there.

in-laws there now for last 3 months or so.

How much rain does Bocas see? One concern I have with Panama region is rainfall, a long wet season (April - November) described as "daily rains". I am not sure if that means it rains for 5 minutes each day, or 5 hours...

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
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3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
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  #234 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
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Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

@Skinchin is there more than me....so chime in

we've never felt rained out even on short trips. Rains hard but passes quickly.
this was on youtube for you


“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
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  #235 (permalink)
Trading Apprentice
Bocas Del Toro, Panama
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL & NG
 
Posts: 32 since Sep 2012
Thanks: 44 given, 32 received

RE Bocas rain.. Weather here is very tropical and its common for the weather to go from sunshine to rain to sunshine to cloud to sunshine to rain in a day!!
When it rains its generally no longer than 2 - 3 hours.
I find we receive the most rain during november - febuary.
Can be considered a downfall to Bocas but believe the pros definately outweigh the cons.
Also as I mentioned when it does rain its usually just for a short time and gives you ample time to enjoy the rest of the day when the rain subsides!

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  #236 (permalink)
Elite Member
Southern California
 
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Caribbean/Central American location to retire...

Hey Mike.. been watching this thread of yours over time with great interest and I cannot help but wonder if I have made a false assumption along the way. Was one of your requirements that you still have access to reliable broadband Internet in order to continue day trading, or is that just a false assumption on my part?

The reason I ask is that a number of the locations being discussed recently are unlikely to meet that requirement, sometimes due to spotty Internet performance, if broadband or even the Internet are available and other times due to unexpected but somewhat regular power outages, even in larger cities in many of those locations, in addition to Internet issues.

Thus, I was wondering if the discussion was just getting a little far afield from your requirements or if I am personally just making an assumption, based on my own individual location requirements, that perhaps has never been one of your key considerations for your retirement location.

Thanks for your time and also for having the only truly decent trading forum to be found anywhere.

As always.. Happy Trading to you,
Randy

Randy
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  #237 (permalink)
Site Administrator
Manta, Ecuador
 
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randyjb View Post
Hey Mike.. been watching this thread of yours over time with great interest and I cannot help but wonder if I have made a false assumption along the way. Was one of your requirements that you still have access to reliable broadband Internet in order to continue day trading, or is that just a false assumption on my part?

The reason I ask is that a number of the locations being discussed recently are unlikely to meet that requirement, sometimes due to spotty Internet performance, if broadband or even the Internet are available and other times due to unexpected but somewhat regular power outages, even in larger cities in many of those locations, in addition to Internet issues.

Thus, I was wondering if the discussion was just getting a little far afield from your requirements or if I am personally just making an assumption, based on my own individual location requirements, that perhaps has never been one of your key considerations for your retirement location.

Thanks for your time and also for having the only truly decent trading forum to be found anywhere.

As always.. Happy Trading to you,
Randy

Hi Randy,

Yes, absolutely reliable internet is a requirement.

I was thinking that Boquete Panama would still have reliable internet. I am waiting to hear back from some realtors in the area, so I will be sure to ask them directly and carefully about this.

I would also set up my infrastructure to use 3g as a backup, so assuming there is cellular service I would have a backup to any land based internet. Satellite is also an option.

I would absolutely prefer having FiOS if possible But I am willing to trade somewhat slower internet for the desired lifestyle. But absolutely, if it is totally unreliable, that is a deal breaker.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #238 (permalink)
 Vendor: mytraderadvisor.com 
The Valley ANGUILLA Caribbean
 
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Any info or price for satellite internet in the caribbean ?

I believe only in profits, not in prophets.
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  #239 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

More info on Boquete Panama






Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #240 (permalink)
Elite Member
NC, USA
 
Futures Experience: None
Platform: None Yet
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Posts: 403 since Jun 2011
Thanks: 618 given, 193 received


That vloggers pet peeve videos were very enlightening. I still find traveling/living on a sailboat more appealing.

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