The Embassy Wealth Podcast

The Embassy Wealth Podcast

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The Embassy Wealth Podcast episodes

  • “Conservative” Investing in Turnkey New Construction in Florida with Matt Shedd

    Matt Shedd is former military and a retired Foreign Service Officer, now serving as a government contractor overseas.  He and his wife started their real estate investment portfolio by purchasing one new construction single family in Orlando, Florida in 2003, which they bought prior to moving to Sarajevo for their first overseas tour. Eighteen years later, they’ve grown their portfolio to multiple new construction multifamily properties and are looking forward to a retirement that’s “rich without a lot of risk.”

    Matt’s real estate investing philosophy focuses on a “measured, conservative approach” -- one which balances risks and prioritizes “being able to sleep at night” over bigger cash flow that riskier properties might offer.

    In this interview, Matt talks about:

    • starting out with new construction single family homes and how his average tenant stayed 3-4 years
  • doing due diligence on turnkey companies and real estate markets
  • investing in Orlando, Ocala, and Jacksonville FL
  • why property management is a must when overseas
  • differences between single and multifamily properties
  • … and much more! Matt is a great example of how taking the first step is perhaps the toughest, but also the most important and empowering.  Take the leap!

     

    Music: “Higher Up” by Shane Ivers

    39 min
  • Planning for the Ultimate Foreign Service Retirement with William Carrington

    William Carrington is the owner of Carrington Financial Planning, a financial planning and wealth management firm that specializes in working with Foreign Service employees. Since founding his firm more than ten years ago, William has worked with more than 500 clients. He is a Certified Financial Planner, a Retirement Management Advisor, a NAPFA-Registered Advisor, and is a fee-only fiduciary. He was also an Eligible Family Member (EFM) for 24 years until his wife retired from the Department.

    In this dynamite show, William covers a lot of retirement ground, debunking myths about how much money members of the Foreign Service actually need to retire well (hint: it’s likely less than you think!) 

    Hear William discuss:

    • what amount of money Foreign Service Officers actually need to retire comfortably
  • why many FSOs should “live a little more” pre-retirement
  • why borrowing from your TSP can be a favorable money move
  • when you should hire a financial planner
  • why asset class selection can make or break your investment portfolio
  • why risk determines whether you have a lot of money (or not)
  • how Roth vs non-Roth portfolios compare
  • the “wait 24 hours” rule that takes the emotion out of investing
  • the role of real estate in an investment portfolio
  • succeeding as an EFM business owner overseas
  • …..and so much more!

     

    Music: “Higher Up” by Shane Ivers

    43 min
  • Collecting Degrees and Properties Around the World with Nafeesah Allen

    Nafeesah Allen is an independent researcher with an interest in literature, gender, and diaspora studies in the global South. In 2019, she completed her Ph.D. in Forced Migration from the University of the Witwatersrand (Wits) in Johannesburg, South Africa. She leads BlackHistoryBookshelf.com, a book review website that identifies global Black histories by language, theme, and country. She's a contributing writer to nationally acclaimed outlets like Real Simple, Better Homes & Gardens, MindBodyGreen, Parents, and Bold Culture Hub, among others. 

    In this wide-ranging interview, Nafeesah discusses how her investment philosophy is firmly rooted in contributing to neighborhoods that have historically suffered from discrimination and redlining, and how she sees herself as not just an investor, but also a community builder. She discusses:

    • how to go about buying real estate in foreign countries.
  • creating affordable housing in historically disadvantaged areas.
  • getting over money mindset challenges and reconciling the roles of investor and community builder.
  • when to let go of a property and trade up through a 1031 tax exchange
  • buying a property to live in vs invest in.
  • stepping into your authentic self and expressing your creativity through channels outside of work.
  • how pursuing degrees outside of the United States can enhance and enrich your career
  • examining your money story and the value of time.
  •  

    …and much more!

     

    You can follow Nafeesah's here:

    www.nafeesahallen.com/publications

    Instagram: @theblaxpat

     

    Music: “Higher Up” by Shane Ivers

    43 min
  • Building Side Hustle Empires and Investing in Hotels with Acquania Escarne

    Acquania Escarne’s passion for personal finance and investing began at a young age when she opened a Roth IRA at 16 years old, and she has been seeking financial independence (FI) ever since!

    After the devastating 2010 earthquake in Haiti, Acquania realized how many working professionals -- even high earners and her own colleagues -- were not prepared for an emergency or unexpected life event. This experience inspired her to get licensed to sell life insurance and educate others about the benefits of sound financial habits. 

    Today, Acquania is a highly successful financial coach, real estate investor, podcast host, blogger, independent life insurance producer, AND hotel owner. And these are just her side hustles outside of her regular embassy 9 to 5! 

    In this episode, Acquania discusses:

    • how saving set the foundation for her path to financial freedom 
  • the importance of life insurance
  • how she became an investor/owner in a Hilton hotel in Oklahoma
  • how investing has the power to positively impact communities 
  • including your family and your children in your investing journey 
  • why you should always be “financially prepared” to take advantage of opportunities 
  • why networking is often the key to accessing insider investment deals
  • Listen and be inspired by Acquania’s commitment to help as many people as possible achieve financial freedom and learn how she balances her side hustle empires alongside her federal career and commitment to her family. A not-to-be missed episode!

     

    Music: “Higher Up” by Shane Ivers

    52 min

About The Embassy Wealth Podcast

From the publisher's feed

On the Embassy Wealth Podcast we interview members of the foreign affairs community to see how they’re building wealth both personally and financially, no matter where they’re posted.