On today's live Q&A we cover:

• 1:05 Should I avoid Target Date Retirement Funds due to the recent Vanguard debacle?
• 18:37 How can I make my children's summer vacation more productive?
• 53:38 Should I buy the house I'm living in?
• 1:00:35 Should I do a 1031 on my commercial property or simply sell it and pay the tax?
• 1:07:58 Should I have my mom set up a Medicaid Trust?
• 1:19:54 Can I move my business to Wyoming to save on California taxes?
• 1:32:03 Help me pick which government school to enroll my children in?
• 1:49:00 How will I know when I'm legitimately Coast FI?
• 2:03:15 How can I negotiate a better deal with my boss?

Join me on next week's Q&A at https://patreon.com/radicalpersonalfinance 

Joshua

The thread: https://twitter.com/taylorawelch/status/1398703076094222337?s=20&t=zNtXYtMS4bmlEaqIdwGZ0A  

www.internationalescapeplan.com 

On today's Q&A show we cover:

• 1:16 Should we go abroad for 5 months and have an adventure?
• 14:04 What should I invest in?
• 33:25 When would it make sense to move from real estate to index funds?
• 47:17 Should I leave the job I just got?
• 1:00:23 What do I need to know to know about traveling with a baby?
• 1:16:34 Should I invest my old 401k in Bitcoin?

On today's Q&A show we discuss:

• 1:30 What to do when in Malta?
• 9:47 How do I get a better life insurance policy after losing weight?
• 21:56 How do I choose between my current job and a new job offer?
• 29:50 How to save extra tax money by giving appreciated stock to your church/charity
• 36:45 I was going to quit my job and take a sabbatical until I saw how bad the economy might get. Should I still quit?

Bill Gaither is a hero of mine, primarily for his career. He has been singing, performing, and writing songs for nearly 70 years. And he is still at the top of his game. Let him inspire you too.

Wintley Phipps, Amazing Grace https://youtu.be/qNuQbJst4Lk 

Gaither "Easter" Music Playlist https://youtube.com/playlist?list=PLgubmqMAVkRapOBksWczdAN2RxIW97OY4 

www.BitcoinPrivacyCourse.com 

www.InternationalEscapePlan.com 

It's Friday! Today we do live Q&A:

• 1:45 How can I do a fast career change and pay off my credit card debt quickly?
• 23:07 Help my understand my life insurance options for my children.
• 1:09:21 Should I buy a non-cash-flowing rental property?
• 1:17:19 How can I invest my house savings money?

Enjoy!

Joshua

https://patreon.com/radicalpersonalfinance

https://BitcoinPrivacyCourse.com 

www.BitcoinPrivacyCourse.com 

www.InternationalEscapePlan.com 

www.BitcoinPrivacyCourse.com 

You have a fundamental human right as a free man to financially transact with others. And today, that right is in danger.

www.BitcoinPrivacyCourse.com 

Today's episode is a bit off topic from the mission of Radical Personal Finance. It's the kind of episode I've frequently deleted in the past, but that I have heard from my audience that some may enjoy.

In today's episode I spend some time digging into the strategic history of Russia/Ukraine position in order to understand where things are and where they may go.

Enjoy!

More personal finance content soon!

Joshua

50 years ago it was illegal for Americans to own more than 5 oz of gold coins or gold bullion. Yes, really.

Today, I want to explain this little-known history and talk about whether it may repeat in the future.

www.BitcoinPrivacyCourse.com 

In light of the Russian invasion of Ukraine, I've been considering how you and I (not being in Ukraine or Russia) could be affected in days to come.

Here's a rather sobering discussion from me covering some of the possibilities.

In light of the Russia/Ukraine conflict, we need to pay careful to the lessons we can learn from the pain that our fellow humans are experiencing.

Today's lesson: believe that bad things can happen. To you.

Joshua

It's Friday! Today we discuss:

• 1:33 How do I establish myself in a new remote-only work environment?
• 10:03 How can I become a teacher for a new career?
• 18:28 How should I balance on-going support vs ad hoc donations?
• 23:45 How can I invest my money in a righteous way?
• 44:10 Should I save money for mystery special needs children?
• 51:08 How should I use ereaders in my homeschool?
• 1:12:34 Where should I go to get an offshore bank account?
• 1:23:43 How much of my cash should I move into commodities?

Enjoy! Join me next week: https://patreon.com/RadicalPersonalFinance 

Joshua

One year ago my family spoke no French. Today, one year later, my 8-year-old son is reading at his grade level in French.

In today's podcast I'll explain the tools and techniques I used to accomplish this in hopes of inspiring you and helping in your similar projects.

Joshua

The Canadian government has made some shocking changes this week. They provide some very important lessons for you and me.

On today's live Q&A show we cover:

• 1:00 Three separate corrections from previous shows
• 13:04 How much whole life insurance should I buy for my emergency fund?
• 20:54 Should I put my savings against my high interest-rate credit card debt?
• 30:10 Should we start a living library?
• 35:00 How should I go about buying gold?
• 53:06 How do I move frome a Blue Collar Job to a White Collar Job
• 1:08:18 Should I buy disability insurance for my homemaker wife?
• 1:21:00 How can I help my children learn a foreign language?
• 1:49:15 How can you get more good things done in your daily schedule?
• 2:06:45 How do I structure my disability insurance if I'm likely to change jobs frequently?
• 2:11:52 Why is living in your car such an interesting strategy?
• 2:27:00 Should a non-resident in the USA build a credit profile in the USA?

To join me on next week's Q&A show, go here: https://patreon.com/RadicalPersonalFinance  

Joshua

 

It's Friday! Today we cover:

• 1:44 Should I refinance my house to invest in the stock market?
• 13:44 How do I get health insurance for my parents who are fleeing Ukraine?
• 33:14 How should I begin reading the Bible?
• 1:03:00 I'm selling a house to my friend; how do we structure the deal?
• 1:10:10 How do I do goal planning with my children?
• 1:20:50 How can I profitably invest an extra $5k to $10k per year?
• How do I calculate the Real Internal Rate of Return on a life insurance policy?

It's Friday! On today's Q&A call we discuss:

• 2:00 Should I do my own DIY projects?
• 15:36 Should my in-laws sell their rental house?
• 25:00 Should my father do a Roth conversion of his $1,000,000 IRA?
• 36:30 Should we buy a vacation home in El Salvador?
• 59:11 How can a French citizen reduce inheritance taxes?
• 1:09:01 What kind of financial preps can I do to prepare for a baby?
• 1:33:00 Should I join the reserves in order to get the VA benefits?

Enjoy! Join me next week here: https://www.patreon.com/RadicalPersonalFinance 

Joshua

Welcome to our first Friday Q&A of 2022!

• 2:55 How do I prepare for an imminent job loss due to my refusal to take the jab?
• 14:30 How do I get out of the modern monetary matrix
• 21:59 How do I calculate the taxes on my crypto portfolio?
• 32:57 How do I find a good accountant?
• 46:45 Should I contribute to a retirement account?
• 1:02:33 How should I save for a second house?
• 1:20:00 I have a child who is slow to speak; how should I handle this?

To gain access to next week's Q&A show, join here: https://patreon.com/RadicalPersonalFinance

Joshua

Today, let's discuss how you can enjoy a truly rich Christmas—nay a truly rich life.

Joshua

• If you'd like to follow along with my reading, you can find the text here: https://www.gutenberg.org/files/19337/19337-h/19337-h.htm 

I'm often asked where to start with regard to privacy. For the last few months I have been publicly and privately recommending Gabriel Custodiet's book "The Watchman Guide to Privacy: Reclaim Your Digital, Financial, and Lifestyle Freedom."

It's perhaps the best single book that I've read that discusses privacy in a comprehensive, yet accessible way.

Today, I'm thrilled to welcome Gabriel himself to the podcast.

Enjoy!

www.watchmanprivacy.com 

https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2/ 

It's Friday! And today we cover:

• 2:01 What do I do with my old baseball cards?
• 6:31 Should I help my 6 & 8 year olds build a YouTube channel about video games?
• 45:33 I've just received an inheritance from my grandfather. What do I do with it?
• 53:01 What books should I read to my new baby?
• 1:12:12 How do you actually borrow against assets so as not to pay taxes?

There is one simple thing you can do that will almost assuredly ensure phenomenal academic outcomes for your child: read aloud. Lots.

In today's episode, I explain in great detail why this works and how the process works, pulling from the phenomenal book by Jim Trelease called "The Read Aloud Handbook."

Joshua

The Read-Aloud Handbook: Seventh Edition by Jim Trelease

The Lexile Framework for Reading and Book Finder

Honey for a Child's Heart: The Imaginative Use of Books in Family Life

Books Children Love: A Guide to the Best Children's Literature

Books That Build Character: A Guide to Teaching Your Child Moral Values Through Stories

Robinson Self-Teaching Curriculum

Robinson Curriculum Book List

Ambleside Online Curriculum

Ambleside Online Master Booklist

MENSA for Kids booklist

Personal MBA booklist

 

Today, in celebration of the American holiday "Thanksgiving Day," I want to share with you a recording of short story written by Louisa May Alcott, called "An Old-Fashioned Thanksgiving."

The audio file has no commentary—it's merely an unabridged reading of the story—and is suitable for you to share with your children as a worthwhile story to enjoy this time of year.

But this story is filled with financial lessons for those with ears to hear.

As you listen to a life of long ago (circa 1830), I'd encourage you to reflect on the life that you and I now live in comparison.

For me, this reflection fills me with Thanksgiving, which is the starting point of living a rich life now.

You are rich. I am rich. Let's realize it and act appropriately.

Joshua

• If you prefer to read the story to your children yourself, here is the text I read: https://digital.library.upenn.edu/women/alcott/thanksgiving/thanksgiving.html 

Here are a few poem and prayers of Thanksgiving you may enjoy as well:

O Lord, that lends me life,
Lend me a heart replete with thankfulness!
~~William Shakespeare 1564-1616

May all who share these gifts today
Be blessed by Thee, we humbly pray.
What God gives and what we take
'Tis a gift for Christ his sake;

Be the meal of beans or peas,
God be thanked for those and these;
Have we flesh or have we fish,
All are fragments from His dish.
~~Robert Herrick 1591-1674

Prayer
Lord, behold our family here assembled. We thank thee for this place in which we dwell, for the love that unites us, for the peace accorded to us this day, for the health, for the food, and the bright skies that make our lives delightful, for our friends in all parts of the earth.

Give us courage, gaiety, and the quiet mind. Spare to us our friends, soften us to our enemies. Bless us, if may be, in all our innocent endeavours. If may not, give us the strength to encounter that which is to come. May we be brave in peril, constant in tribulation, temperate in wrath, and in all changes of fortune loyal and loving to one another.

As the clay to the potter, as the windmill to the wind, as the children of their sire, we beseech of Thee this help and mercy for Christ's sake. Amen.
~~Robert Louis Stevenson

https://youtu.be/MOy4QQP0oBs

https://www.techdirt.com/articles/20211106/17503547889/dea-racks-up-two-forfeiture-losses-one-week-returns-100000-stolen-cash-to-victims.shtml

 

On today's Q&A:

• 1:30 Should I buy life insurance if I want to build generational wealth?
• Live reaction to the Kyle Rittenhouse verdict
• 28:23 My parents have sold their house and they have $200,000 cash. What should they do?
• 36:00 Can I escape GILTI tax on my offshore earnings?
• 41:56 How can I make a living as an economist?

 

On today's Q&A:

• 1:30 Should I buy life insurance if I want to build generational wealth?
• Live reaction to the Kyle Rittenhouse verdict
• 28:23 My parents have sold their house and they have $200,000 cash. What should they do?
• 36:00 Can I escape GILTI tax on my offshore earnings?
• 41:56 How can I make a living as an economist?

 

https://www.ssa.gov/OACT/TR/2021/tr2021.pdf 

We are living in a significant supply chain crisis. In today's show I've invited Steven Harris back on the show to discuss the current events as we seek to prognosticate a bit about where things could go from here and how we can be prepared for the impending changes.

Enjoy!

Joshua

• www.Harris1234.com and www.Steven1234.com 

On today's Friday Q&A we cover:

• 1:30 - How can I grow my new blog?
• 17:10 - We bought a house that has massively increased in value. What do we do now?
• 29:06 - I need to move >$100,000 of currency across the country. How do I do this safely?
• 1:05:00 - I'm moving abroad while waiting for my Bitcoin to appreciate. What do I need to think about?
• 1:40:29 - How do I know when I'm ready to hire a financial advisor?

Join us next week! https://www.patreon.com/RadicalPersonalFinance 

Hire me personally! https://radicalpersonalfinance.com/consult 

I recorded this episode of the show to deal with a recent minor controversy from a passing comment I made. Then I decided it was too far out of the scope of what I want discussed on RPF, so I canned it, choosing not to release it.

Well, the controversy continued, and after I shared this "deleted episode" with a few listeners privately who found it helpful, I decided to let you choose for yourself, rather than my censoring it.

It's all explained in the intro!

Joshua

On today's Friday Q&A show:

• 1:30 Difficulties on 1031 exchanges
• 6:45 Should I start a business on the side or full-time?
• 11:45 Can I deduct my student loans as a business expense?
• 12:15 We are expecting a baby. How should I use my paternity leave?
• 22:30 How do I get rid of a credit card with an annual fee?
• 30:15 Should I maintain multiple bank accounts and multiple brokers?
• 39:30 Should I buy a house?
• 44:00 How can we help children develop entrepreneurship?
• 52:00 How do I communicate with my wife about a radical lifestyle?
• 1:06:30 My mom is headed deep into debt as a result of medical bills, possible into bankruptcy. How do we protect her?

In today's podcast, I share with you:

1. Why I think the USA is a good place to be right now with regard to personal freedom, even with various rules and mandates.
2. What I think will happen in coming months.
3. How to prepare if the USA turns int a not-so-good place to be.

Enjoy!

Joshua

• https://radicalpersonalfinance.com/consult 

I recently traveled with my family to France, with a primary goal of buying French books to read to my children! Today, I'll share a progress update on this project.

Joshua

Recently, US government agents raided 800 safe-deposit boxes and stole $86,000,000 of cash plus other valuables from the box holders. The government is trying to keep the money under the Civil Asset Forfeiture rules in the USA.

Today, I explain the details of the case to you as well as how to protect your money and stuff from similar thefts.

Joshua

BOOK A CONSULTING CALL WITH JOSHUA: www.radicalpersonalfinance.com/consult 

• Yahoo News: "Federal authorities cash in on safety box seizures as owners fight back"
• LA Times: "FBI says fortune seized in Beverly Hills raid was criminals’ loot. Owners say: Where’s the proof?"
• LA Mag: "The FBI Is Trying to Keep More Cash Seized from a Beverly Hills Vault"
• YouTube: "Never Get Busted Again Volume 1 Official: Traffic Stops - Full Video by BARRY COOPER"

Text of House Dems Proposal

@CPAPlanner's tweetstorm on the proposal

How Peter Thiel Saved $5 Billion Tax Free #PassportSheats

Biden wants IRS to snoop into your bank account, know when you have $600 or more

Biden Tax Plan Leans on Banks to Help Find Unreported Income
The proposal would require banks to report annual account inflows and outflows to the Internal Revenue Service

White House Fact Sheet: The American Families Plan

Department of the Treasury: General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals

Elizabeth Warren's S.1788 - Restoring the IRS Act

 

 

Today we discuss:

• 1:30 My landlord has Stage 4 cancer and wants me to buy his house. Should I do it?
• 15:30 Should I start an S-Corp to save on taxes?
• 24:39 How can I learn to be a lighter traveler?
• 33:33 How can I enhance my international diversification?
• 46:43 How much net worth should you invest into a single project?
• 1:04:30 How can I increase my income?

Join next week's call at https://patreon.com/RadicalPersonalFinance 

2:06 How should I save for my children's education?
31:00 How should I view crypto lending accounts?
38:00 My income is going to be super low this next year. What are my opportunities?
46:30 How much money should I spend on prepping?
1:03:30 I'm a new early retiree. Should I pay cash for a house or finance it?
1:22:30 I'm young and getting into house hacking. How should I start?
1:31:15 What are Joshua's real estate investment plans?

It's Friday! On today's Q&A call we discuss:

• 1:20 I'm 21 Years old and just bought a house. Should I do the Alpha Strategy?
• 24:50 I bought a rural property. How can I control my liability?
• 36:35 Should I prioritize retirement savings or a house down payment?

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax 

It's Friday! Today we discuss:

• 2:21 What do we do with Michael Burry's predictions of a crypto crash?
• 18:35 How do I figure out how much life insurance I need
• 35:45 Is Florida the best state in the USA?

Enjoy! To join me next week, sign up here: https://patreon.com/RadicalPersonalFinance

Joshua

ProPublica made a splash this week with their reporting on the wealthiest 25 Americans' tax returns. Let's discuss!

Joshua

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax 

On today's Friday Q&A we discuss:

• 1:30 Should I spend money on home projects when I'm capable of DIY?
• 17:20 What's involved with my opening a business in Mexico
• 26:30 Is there any danger to my real estate strategy of doing owner-financing to Mexican immigrants?
• 35:30 How can a young CPA grow his business and career intelligently?
• 43:30 Should I buy a house?
• 1:01:00 What is the likely future of Liberland?
• 1:24:15 Is it crazy for us to AirBnB for 6 months while we find a new place to live?

If you'd like to be on next weeks Q&A show, sign up here: https://patreon.com/RadicalPersonalFinance 

Enjoy!

Joshua

On today's Friday Q&A is show we cover:

• 1:10 I have a new 109-acre property. How can I use it intelligently to offset the costs and taxes?
• 18:32 Should I pay off debt if I expect future inflation?
• 27:15 What tools should I use to learn a language from scratch?
• 41:45 How far can I go in deducting the expenses of my vacation rental and how far should I go to get tax deductions?
• 1:03:00 I'm getting my family into camping for the first time. Where should I start?
• 1:22:00 Should I invest into life settlement contracts?

Enjoy!

Joshua

https://patreon.com/RadicalPersonalFinance 

In 2013, Bitcoin traded for $85 per coin. Today, it's at $40,000 per coin. I never once told you to buy Bitcoin. In today's show I'll explain why and I will apologize for that oversight.

Joshua 

As a family, we've just finished the first two weeks of our most-recent nomad adventure in Mexico! In today's show, I want to share with you how and why we live in a golden age of travel and how you can access it if you want to!

Joshua

I firmly believe that any North American who is interested in a Plan B should consider Mexico as an option before almost any other country.

In today's podcast I've invited attorney Enrique Ramírez Corona on the show to discuss how Mexico's immigration program works.

Enjoy!

Joshua

• Enrique's website: http://www.sanmiguel-legal.com/
• Enrique's email: enrique@sanmiguel-legal.com  

It's Friday! Today we do Q&A!

• 1:30 Is there a downside to a second citizenship?
• 20:04 Should I invest for early retirement or buy a house?
• 47:37 How are my crypto wages taxed as I earn them and they grow?
• 1:06:00 Should I cash out my Teacher's pension or keep it?
• 1:16:48 I make 3x money as I did 6 months ago. Am I spending too much?
• 1:24:27 I have $1,000,000 in the stock market. Should I sell?
• 1:38:20 How can I plant some flags as a farmer?
• 1:52:31 How can I pay my parents to work for my business?
• 2:01:00 What's wrong with Universal Life Insurance?

To join next week's show, go to https://patreon.com/RadicalPersonalFinance

Disaster is NOT a strategy. But you can build a strategy for virtually any disaster.

Joshua

It's Friday! Today we do live Q&A and cover:

• I made a bunch of money on a real estate deal. What do I do with the money now?
• 29:35 How does Joshua go about making a podcast?

Joshua

p.s., join me on Patreon to join us next week! https://patreon.com/RadicalPersonalFinance 

Text me your comments and questions: 561-468-3158

Joshua

In today's show, I'll share the exciting Sheats' Family travel plans for the rest of this year!

Joshua

p.s., Brand new! Text me a question or comment at 561-468-3158!

https://radicalpersonalfinance.com/store use code CHANGINGPLATFORMS

It's exceedingly difficult to live income-tax free in the USA. (At least if we assume you're going to make some significant money.) But it's not impossible. At least not conceptually. You just have to avoid that pesky thing called "income." Let's talk about how!

Joshua

50% off sale ends March 31. Use Coupon Code CHANGINGPLATFORMS at https://radicalpersonalfinance.com/store now!

Save 50 percent on all of my courses until March 31 with coupon code CHANGINGPLATFORMS at https://radicalpersonalfinance.com/store 

Save 50% on all of my courses until March 31 using coupon code CHANGINGPLATFORMS at https://radicalpersonalfinance.com/store

• 2:30 Should I buy a health insurance policy on the public exchange or join a Christian Healthcare Ministry?
• 9:30 Can I open an HSA account if I’m on my parents’ policy?
• 13:00  How long should I keep my personal banking records?
• 17:10 Should I convert my group life insurance to a personal policy?
• 26:30 Should I sell my rental property to invest in something else?
• 35:10 Should I take my money out of my 401(k) using the Coronavirus penalty relief?
• 40:45 Should I trust the government’s tax promises about my 401(k)?

Joshua

The Magic Penny is the best-performing investment asset any of us could dream of having. Today I'll show you how just a little bit of tax totally decimates its results!

Save 50% with code CHANGINGPLATFORMS only until March 31. https://radicalpersonalfinance.com/store​ 

 

I invited Jacob Lund Fisker back to Radical Personal Finance to discuss the Early Retirement Extreme lifestyle, investing, and how to protect yourself from catastrophic risk.

https://radicalpersonalfinance.com/store​ Save 50% with CHANGINGPLATFORMS until March 31

It's Friday and that means live Q&A! But remember that I'm doing a limited-time sale:

• Go to https://radicalpersonalfinance.com/store and get 50% OFF all of my courses using coupon code CHANGINGPLATFORMS
• I'm ending my personal consulting work on March 31, 2021. If you'd like to book a personal consultation with me, go to https://radicalpersonalfinance.com/consult and book now. Plus, you'll save 25% on that service too!

On to today's topics:

• 2:40 What can I learn from my recent investment wins?
• 11:06 I've decided not to FIRE as soon as I though; should I buy a vacation property?
• 25:41 Can going offshore lower my personal liability exposure?
• 40:52 My wife and I are retiring young. Now what?
• 54:36 Understanding the options on disability insurance.

Enjoy!

Joshua

p.s., remember to save 50% at https://radicalpersonalfinance.com/store with coupon code CHANGINGPLATFORMS and to book an consulting call with me at https://radicalpersonalfinance.com/consult before they disappear!