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18. Mark Ridley's Foreign Exchange
Manage episode 407823684 series 3494874
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This week Richard is joined by longtime friend and expert in foreign exchange and global payments (and East London native) Mark Ridley. Together they explore Ridley's personal and professional journey as a British expat living in the United States, highlight the nuances of expatriate life and discuss the challenges of adjusting to a new country and the opportunities it presents.
Three main takeaways from this episode are:
- The Importance of Adaptability: Mark's story emphasizes the need for expatriates to be open and adaptable to new experiences. Despite having expectations based on previous visits and professional experiences in the U.S., living there full-time presented unforeseen challenges and opportunities.
- Financial Planning for Expatriates: The conversation sheds light on the significance of early and effective financial planning for expatriates. Richard highlights the unique financial challenges faced by British expats in the U.S. and the importance of managing pensions, investments, and savings to secure a stable future.
- Cultural and Social Adjustments: Richard and Mark discuss the cultural and social adjustments expatriates must make, from understanding local customs and work ethics to finding community and making new friends.
Always an Expat is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
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