The "just one more" offshore account trap

My biggest mistake wasn't some complex derivative bet, but rather the slow creep of 'just one more' offshore account. Each seemed like a good idea at the time for diversifying banking relationships, but the aggregate time spent on compliance, managing multiple KYC processes, and dealing with varying support levels across different time zones became a drain on resources that far outweighed any perceived benefit. Sometimes, simpler is genuinely better, especially when dealing with international finance.