249: How Safe Is Latin America - Ernie Baca
The Expat Money Show - With Mikkel Thorup
Building Habits of Security
CNN's John Defterios talks about the importance of building habits. He says he has mental models for everything that he does in his life to help him with decision-making process. Even being a retiree or next pad overseas, you have to keep active and not get into a rut according to defterios.
TODAY'S CONVERSATION WITH ERNIE BACA
- Listen to Ernie detail his extensive background in law enforcement, including working on HUGE cases that you’ve absolutely heard of, including John Gotti and Timothy McVeigh!
- Ernie explains what he means by the phrase “security is an illusion” - and how you can use that knowledge to understand your own security situation better.
- Hear Ernie unveils his security philosophy of mitigating risk. How can you find the balance to understand the reality of the situation best and assess your personal security situation?
- Ernie describes how obtaining only partial information, whether from national news - or, in Ernie’s case, security reports - can lead to a skewed view of the security situation in a given area.
- Ernie and I discuss the concept of situational awareness - how to use your knowledge and the knowledge of others to assess the level of security you need in any given time and place.
- Ernie lays out some very simple rules for travelling, using the examples of Mexico and Brazil. Follow these tips, and you will more than likely be safe and sound wherever you go.
- Ernie and I discuss more of the little steps we take to “stack” security in our lives and turn situational awareness into a habit. Ultimately, it all comes down to taking personal responsibility.
- Ernie and I trade personal stories about various security-related situations and how situational awareness - or lack thereof - drastically altered the course of events.
- Ernie also reveals his ultimate trick for avoiding a bad situation - learning to trust your instinct. Learn from one of the absolute best in this episode.
RELATED EPISODES
246: Beating Cancer in Mexico - Ernie Baca 190: How To Build A Self Sustaining Libertarian Community in Latin America - Patrick Hiebert 095: Top Political Operative Tells Americans to Escape – Carter ClewsHOW TO FIND ERNIE BACA’S WORK
“Retired Life in Mexico NO BULL” on YouTubeCONCLUSION
Ernie has extensive experience with the security situation in a number of Latin American countries that are very popular with expats as well, so I had to have him back to dive deeper into the subject. Ernie and I have a lot in common when it comes to our approach to this issue, so I know you’ll get a ton of value out of it as well. See you all next Wednesday on the podcast!Mentioned in this episode:
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Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
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I have great news. After many meetings and explanations, the Panamanian government has agreed to keep the Investors Visa at a $300k Real Estate investment instead of nearly doubling the amount required, as they said they would. This is a massive win for our community who wants to move to or invest in Panama, but I am not sure how long this will last… If you have been thinking about Panama, then I want to make an invitation to you today. Come join me for a special four-day tour to see if the country I call home is right for you and your family. We have just released the next set of trip dates. You can find out more at ExpatMoney.com/fly. Come visit me and the Expat Money team, get a feel for the country and see if Panama makes sense for investment or as a new home.
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