In today's show I'm welcoming Steven Harris back to the show to discuss investing in commodities. When most people think of investing in commodities, they immediately think of gold and silver. Gold and silver have a place and can be useful, but they are not the only pathway to investing in commodities. In today's show Steven and I discuss how you can invest in commodities like food, metal, tools, etc. 

Enjoy!

Joshua

• Go to www.RPF1234.com to buy Steven's preparedness education courses. They're awesome! (I own—and paid for—all of them myself.)

It's Friday! In today's Q&A show we cover:

• 1:50 Buying disability insurance and maintaining financial privacy while dealing with insurance agents
• 40:30 Buying a house with a land contract

Enjoy!

Joshua

On today's Q&A call we cover:

• 00:45 I graduate with a nursing degree in 6 months. What should I do next?

• 20:20 Should I have speculated in the recent stock market downturn with my down payment money?

• 38:30 I have 3 properties. Do I need an LLC for asset protection?

• 57:30 Should I buy concealed carry insurance?

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

Enjoy!

Joshua

One year ago my wife and I decided to teach our children Spanish. At the time, they spoke zero Spanish. We succeeded in the project even though:

• They don't go to a Spanish-speaking school
• They don't have any Spanish-speaking friends
• They've not taken and Spanish classes
• They don't have anybody speaking Spanish to them full-time

In this episode, I'll teach you how I did it.

Joshua

p.s., stay tuned to the end to hear my eldest speaking in Spanish so you can assess his level of Spanish for yourself.

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

• 00:45 I’m inspired by Trump’s taxes. How can I start a lifestyle business for myself?

• 32:10 What kind of sales job should I get?

• 49:00 How can I protect my assets in Montana?

• 1:00:42 Should I buy a more expensive house?

• 1:22:42 Reasons to refinance your mortgage now

• 1:26:20 I still don’t understand Trump’s tax returns. Help!

Enjoy!

Joshua

Join my Patreon to gain access to next week's call: https://www.patreon.com/RadicalPersonalFinance 

The New York Times recently published a story on the analysis of President Trump's tax returns. 

Allegedly, Trump has not paid any income taxes in 10 out of the last 15 years.

In today's podcast I analyze the financial planning behind the details in the article and teach you how you can use the same techniques Trump uses to shelter his income from taxes.

Joshua

• NY Times story: https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html 
• www.RadicalPersonalFinance.com/store 

On today's Friday Q&A show:

• 1:03 I have a low-paying job while in college. How can I get a better job?
• 18:22 What name should I use for my online activities?
• 32:06 How do I actually take income from an investment portfolio in retirement?
• 49:23 I'm leaving California for Central America; where should I go?
• 1:11:50 I'm moving to Florida; what kind of hurricane planning do I need to do?
• 1:17:50 I'm worried about my exposure to USD. How can I hedge my bets?
• 1:22:54 I'm moving from California to Texas. What should I consider in the process?
• 1:35:27 I'm starting a new business that might fail; how can I protect my assets?
• 1:51:21 Should I pay off my mortgage?

To join me next week, go to https://patreon.com/RadicalPersonalFinance 

Billionaire Churck Feeney has recently finished giving away his entire $8 billion fortune.

In today's show, we'll talk about whether you should copy him and how you could do it.

Joshua

• Forbes: The Billionaire Who Wanted To Die Broke...Is Now Officially Broke
• Where he gave his money: https://www.atlanticphilanthropies.org/wp-content/uploads/2019/10/ZeroIsTheHero.pdf

It's Friday! Today we cover:

• 00:48 How to get a raise at your job.

• 11:55 Should I classify a 2nd house as an investment property or a second home?

• 25:30 Do I get a better deal on my mortgage by classifying a house as a second home?

• 31:15 How do I solve the tension between Saving money and Giving money?

Enjoy!

Joshua

Friday Q&A show! Today we discuss:

• 00:30 Contractor status or employee status?
• 31:00 What happens with our money when interest rates go negative?
• 43:21 Is it really a good idea to have lots of cash on hand?
• 1:03:30 How should I set up an emergency escape vehicle to get out of California wildfires?
• 1:17:31 I used a life insurance loan as a down payment for my house; what do I do now?

In March, things looked really bleak. But the stock market recovered in a spectacular 5 month period.

Did we get it wrong? Do we regret anything we did?

Joshua

All of the news these days on coronavirus is positive. Is this a glimmer of the beginning of the end?

Although we certainly expect many more people to get sick with COVID-19 and some to die, I think it is.

I'll tell you why.

Joshua

All of the news these days on coronavirus is positive. Is this a glimmer of the beginning of the end?

Although we certainly expect many more people to get sick with COVID-19 and some to die, I think it is.

I'll tell you why.

Joshua

What are your goals for your children? What skills and abilities do you want them to have when they leave your home?

My guest, Jonathan Harris, is the father of nine children. His four eldest children have all established themselves as independent adults, building careers on the foundation of their personal talents and passions.

In today's show, we discuss the strategies and tactics that have been helpful for him.

Joshua

www.ParentTheirPassion.com  
www.10ktotalent.com  

Live Friday Q&A today!

• 00:50 I just bought a new house. What practical prepper stuff should I do?
• 32:00 Can I & should I use Medicaid to cover my health insurance needs in early retirement?
• 51:01 I need a new Tow Rig; what truck should I buy?
• 1:10:21 Should I refinance my mortgage?
• 1:15:06 How can I become more relaxed with conflict in my life?
• 1:29:00 My HOA is underfunded; should I be worried?

Enjoy!

Joshua

It's Friday! Today, we cover:

• 9:00 How to socialize children when stuck at home?
• 22:27 How are IRAs Taxed for US citizens who renounce their citizenship?
• 38:18 How should we set up foreign corporations for US citizens moving abroad?
• 50:00 How should I go about looking for a financial advisor?
• 59:09 How can I run a business with total privacy?
• 1:22:51 Where does media production go from here?
• 1:35:00 How can a retirement-age couple with $130,000 decide where to put their money?
• 1:47:21 Should I put my new house into a trust?
• 1:53:47 Which home security system should I install in my new house?

It's Friday! Today, we cover:

• 9:00 How to socialize children when stuck at home?
• 22:27 How are IRAs Taxed for US citizens who renounce their citizenship?
• 38:18 How should we set up foreign corporations for US citizens moving abroad?
• 50:00 How should I go about looking for a financial advisor?
• 59:09 How can I run a business with total privacy?
• 1:22:51 Where does media production go from here?
• 1:35:00 How can a retirement-age couple with $130,000 decide where to put their money?
• 1:47:21 Should I put my new house into a trust?
• 1:53:47 Which home security system should I install in my new house?

Millions of students are sitting at home wasting their time watching online courses for measly high school credit. That's dumb.

Why not just go ahead and get an online bachelor's degree instead?

In today's show, I'll tell you how.

Joshua

In today's Q&A we discuss:

• 1:30 How can we equity strip a house in preparation for divorce?
• 13:17 Should I buy more whole life insurance if I'm planning to take a sabbatical in 6-8 years?
• 49:21 Are affirmations useful for personal development?
• 1:15:00 Should I be worried about leaving my home place in the current emergency?

Moving is an extremely effective—albeit disruptive—way to improve certain aspects of your life, both financially and personally.

All over the world there are millions of people who understand very clearly that if they can simply move to a country with a healthier, more robust economy.

But what country do you choose?

For hundreds of thousands of people, Canada is an obvious solution.

Today I've invited Brandon Miller, owner of Maple Immigration on to the show to discuss immigration into Canada.

We speak about immigration broadly and then specifically with regard to Canada.

Enjoy!

Joshua

• Get a free copy of Brandon's book "Second Passport: Your Guide to a Secure Alternative Home for You and Your Family Just in Case!" by emailing Brandon: info@mapleimmigration.ca 
• Brandon's website: https://mapleimmigration.ca 

Friday Q&A:

• 1:30 What steps can I take to protect my privacy and assets as I get into real estate investing?
• 17:22 Should I take an early $100,000 IRA distribution due to the CARES Act?
• 24:30 WWJD if his global trip were cut short and he were trying to build an online business?
• 44:00 How can I build a sideline bee business that my children can help me with?
• 1:02:00 How can we reconcile the value of being a modern nomad with the value of local community?

To join next week's show, support the show on Patreon: https://patron.com/radicalpersonalfinance 

Live Friday Q&A:

• 2:00 Do I stick out my job and current career because it's profitable and comfortable or do I pivot to something new while I'm young?
• 16:20 Should I do Infinite Banking as part of my retirement plan?
• 38:40 Should I go to college?
• 59:10 My 79-year-old father needs income. What should he invest in?

Join next week's show here: https://patreon.com/radicalpersonalfinance

Listen to 227-The Five Benefits of College and Radical Ways to Exploit Them

• "Languages for the Future: The foreign languages the United Kingdom needs to become a truly global nation"
   https://www.britishcouncil.org/sites/default/files/languages_for_the_future_2017.pdf 

Increasing your language skills can help your brain, your social life, and your wallet. In today's show, I give you some tools I have found to be useful in my own foreign language studies.

Joshua

• Fluent Forever by Gabriel Wyner https://fluent-forever.com/book/
• Anki https://apps.ankiweb.net
• Lingq: https://www.lingq.com/en/ 

This episode was first published in May 1, 2017. It's important. Please listen.

------------------------------------------------------

If you get arrested, you can kiss anywhere from thousands to hundreds of thousands of dollars good-bye.

You need insurance against that eventuality.

Today, I'm going to teach you why it's vitally important that you arrest-proof yourself and how to do it.

Joshua

• Arrest Proof Yourself book: http://amzn.to/2ph7Xos
• Don't Talk to the Police video: https://youtu.be/d-7o9xYp7eE
• You Have the Right to Remain Innocent video: https://youtu.be/gpkc2FZFR5k
• BUSTED: The Citizen's Guide to Surviving Police Encounters: https://youtu.be/yqMjMPlXzdA

Time for live Q&A today!

• 3:15 Does changing my credit mix improve my credit score?
• 8:50 How can I find a good real estate deal?
• 14:48 My parents are in their early 50s and not saving money. How can I help them?
• 32:37 Should I buy life insurance on the lives of my children?
• 46:37 Should I buy a rental house first or my forever house?
• 50:46 How do I prioritize my financial goals?
• 55:15 We're having a baby! What should I know?
• 1:18:24 Where should I keep my emergency fund?

Enjoy!

Joshua

Watch this episode on YouTube: https://youtu.be/BQtrLx0EELw

It's Friday! Today we cover:

• 1:30 - What does Joshua think about the long-term future of the USA?
• 25:08 - Is Bank on Yourself / Infinite Banking a good idea?
• 56:13 - Should I get a Master's Degree right now or a job?
• 1:13:00 - How can I start a forum to meet smart people?

Joshua

p.s., to join me on next week's Q&A show, join me on Patreon: https://patreon.com/radicalpersonalfinance 

You have an incredible opportunity available to you right now. Don’t miss it!

Watch this episode on YouTube: https://youtu.be/cvFLUsmlMWI

Watch this episode on YouTube: https://youtu.be/xBThQszqk4E

Watch this episode on YouTube: https://youtu.be/3KiE5BOwM9E

Watch this episode on YouTube: https://youtu.be/36fIApfStZM

• 1:30 - Stock market volatility - are total stock index funds a safe bet?
• 14:12 - How can I build self-confidence with public speaking?
• 18:54 - How can I start a for-profit daycare or school?
• 35:35 - How should I use this time to learn more about money? Other important topics?  How can I invest wisely at age 28?
• 46:00 - Should I take out a HELOC and use it to invest in a rental property?
• 53:00 - How can we decide whether my wife or I stay home with my son?
• 1:00:25 - Thoughts and strategies for working at home?
• 1:05:10 - Update on carnivore dieting?

Think you can't have a traveling adventure simply because you don't have any money? Well, if you think you can or you think you can't, you're right. If you'll adjust your mindset a bit, you can head out on a traveling adventure right now.

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

• 1:10 Should I keep a credit card with an annual fee because it helps my credit score?
• 5:22 Should I pay off my mortgage right now or wait so I can invest in rental real estate?
• 10:59 Will the rental market be in demand again in the future?
• 12:22 Should I refinance my 15-year mortgage to a 30-year in order to have more cashflow?
• 15:20 What should a Radical Personal Finance live event look like?
• 23:47 Should I do a like-kind exchange right now or sell the property, pay the tax, and wait for the market to decline?
• 41:43 I'm 28 and just got out of debt. What should I do next?
• 59:26 How should I start a side business while simultaneously working a high-profit day job?

It’s Friday! On today’s Q&A we cover:

• 1:23 - Should I take the HELOC money out and put it into my bank account?
• 4:57 - Should I defer my mortgage payments if possible?
• 6:30 - How does this economic crisis affect my FIRE plans?
• 16:52 - What should an 18-year-old do with $56,000 in his bank?
• 32:49 - Should we leave our high-income job to fulfill our dream of moving to the country?
• 48:24 - How should I give away $40,000 to $50,000 per year effectively?
• 1:19:20 - Should I take a voluntary furlough from my job?
• 1:24:12 - How should I set up my new business structure?
• 1:40:45 - How do I choose between two good job offers?

We're in a recession. It hasn't been "officially" acknowledged yet, but it certainly will be.

So let's talk about how you can profit from this situation.

With the right attitude and the right decisions, you can come out of this difficult time positioned for greater and greater success.

Let's talk about how,

Joshua

It's Friday! In today's Q&A show we cover:

• 1:00 Joshua's predictions on COVID-19
• 17:32 How to be positive during COVID-19
• 27:00 How to walk away from a working class mentality and adopt a rich mentality
• 52:12 Is it ethical for me to take unemployment insurance?
• 1:03:13 Is this a good time to go into the market?

Enjoy!

• Sign up to support the show on Patreon: https://patreon.com/radicalpersonalfinance
• Private consulting is $150 off. Email joshua@radicalpersonalfinance.com with coupon code MARCHMADNESS
• All courses are 20% off with code "CORONAVIRUS" at https://radicalpersonalfinance.com/store
• Take my Family Preparedness class: https://radicalpreparedness.com Use "CORONAVIRUS" to save 20%

Quick update:

• I'm available for private consulting. Hourly rate is discounted from $400 to $250 until the end of March with code MARCHMADNESS Email me: joshua@radicalpersonalfinance.com
• Courses are 20% off with code "CORONAVIRUS" at www.radicalpersonalfinance.com/store and at www.radicalpreparedness.com

“To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea… “cruising” it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about.

“I’ve always wanted to sail to the south seas, but I can’t afford it.” What these men can’t afford is not to go. They are enmeshed in the cancerous discipline of “security.” And in the worship of security we fling our lives beneath the wheels of routine – and before we know it our lives are gone.

What does a man need – really need? A few pounds of food each day, heat and shelter, six feet to lie down in – and some form of working activity that will yield a sense of accomplishment. That’s all – in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade.

The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed.

Where, then, lies the answer?

In choice. Which shall it be – bankruptcy of purse or bankruptcy of life?”

It's Friday! We have a Q&A show today. But please listen. My economic concern continues to grow and I want you to be prepared for what could happen economically in the future. It's very serious.

• 1:15 I have a family member stuck in Costa Rica. How do they get home?
• 4:10 I'm about to get a tax refund. What should I do with the money?
• 33:05 Should I be working in California or Spain at the moment? How can I profit from the current crisis?
• 52:25 Why should I have thousands and thousands of dollars of physical currency available to me right now?
• 1:16:15 How can I properly integrate a Dave Ramsey portfolio into my life?

Your goals can be changed in an instant; the seas cannot. It's easier to simply change your goals than the seas ahead.

Joshua

Perhaps, like me, you're having a hard time getting your brain to accept what you're seeing around you and on the news and you're trying to figure out what's going on.

In working through this problem, I decided to chart out my Best-Case Scenario and my Worst-Case Scenario for both the medical problem of the COVID-19 pandemic and the economic outlook.

I figured I might as well turn the microphone on and let you listen in.

I hope it's useful.

Joshua

It's Friday! Time for Q&A. In today's show we cover:

• 1:30 - How should I prepare for buying rental real estate in 2 years?
• 10:40 - Should I contribute to retirement savings while saving a down payment?
• 13:15 - Should I use a Roth IRA to accumulate a down payment?
• 18:00 - If I refinance my mortgage to get lower rates, what should I do with the money?
• 26:15 - How can I make the transition from a lucrative career to a side hustle?
• 45:45 - Should I quit my job right now, given the recent changes in the economy?
• 51:15 - Can I do tax loss harvesting with two index funds?
• 54:05 - My wife is a French citizen. Should I also pursue French citizenship?
• 1:01:00 - How do I know when it is time to buy a stock?
• 1:03:10 - Should I take a 401(k) loan to set aside for potential opportunities?
• 1:14:30 - How can I become freer and richer by setting up a nomad lifestyle?
• 1:47:20 - How can I prep and build food storage while maintaining a Ketogenic diet?

Enjoy!

Joshua

• Buy my courses: https://radicalpersonalfinance.com/store
• Get my prepping class: https://radicalpreparedness.com
• Sign up as a Patron so you can be on next week's call-in show: https://patreon.com/radicalpersonalfinance

I woke up this morning and felt like I've been overly optimistic in my tone recently. I genuinely feel optimistic, but that's not because I don't think the situation is very dire. It is. In today's show, I try to share with you why I feel optimistic but I seek to give you a stern warning not to let my optimism lead to your inaction.

Joshua

Quick interim show to share a few of my thoughts on the emerging COVID-19 events.

Fascinating study in human psychology going on now. Pay attention!

• Coronavirus: Why You Must Act Now https://medium.com/@tomaspueyo/coronavirus-act-today-or-people-will-die-f4d3d9cd99ca
• The Korean clusters: How coronavirus cases exploded in South Korean churches and hospitals https://graphics.reuters.com/CHINA-HEALTH-SOUTHKOREA-CLUSTERS/0100B5G33SB/index.html
•  

Current events show today. Let's discuss:

• COVID-19
• Economic prognostication
• Stocks
• Risk Management

Enjoy!

Joshua

I'm hosting a public meetup for RPF listeners in Louisville, KY on Tuesday, March 10 (evening).

If you'd like to come, email me for details: joshua@radicalpersonalfinance.com

Joshua

Friday Q&A show:

• 1:35 I'm 25 years old and ready to upgrade my lifestyle. Can I and still get rich?
• 14:30 Should I pay the big money for a Dale Carnegie course instead of Toastmasters?
• 22:10 Is it possible to be a financial advisor when you don't like Modern Portfolio Theory?
• 32:15 Should I stock up on fish antibiotics for an emergency?
• 37:15 Should I stop investing in a 401(k) if I don't trust the government promises?
• 53:11 My "dream job" is turning not to be so dreamy. Should I quit or stick with it?
• 1:12:50 What citizenships should I establish for my children so they have a brighter economic future?
• 1:44:41 Should I buy Long-Term Care insurance for myself at age 34?
• 1:54:42 How should I do asset protection for my real estate portfolio?
• 2:01:52 When should I exercise my Incentive Stock Options?

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

• 2:00 How should I support my girlfriend's desire to get a Master's degree in international development?
• 10:29 How should we make an investment plan for lowering our household income due to changing family circumstances?
• 16:55 Should I cancel my daughter's whole life insurance policy and do something else with the money?
• 38:40 Should I keep my mortgage and plan to pay it off with my stock market investments so I can retire early?

The most important economic collapse ongoing in the world right now is Venezuela. Today, I bring you an interview with a friend of mine who is actively working inside Venezuela to bring relief and he's here to share with you his experiences of what things are actually like inside Venezuela.

Joshua

It's been a month since I first spoke to you about the Coronavirus, now called COVID19. In today's episode, I double-down and share with you my concern and how I think you should prepare for the potential economic ramifications of global pandemic.

Joshua

Join my prepping class tonight! www.RadicalPreparedness.com

Understanding Just-In-Time inventory systems: Episode 581

How to Prepare for Recession: Episode 666

CDC: "Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19), February 2020"

Today, we reach the seventh, capstone Ring of Freedom: Financial Liberty. When you are Financially Independent (able to live your desired lifestyle on the income from your investments), you have reached a genuinely huge level of personal freedom.

Joshua

www.RadicalPreparedness.com

It's Friday! That means a live call-in show for Patrons. Sign up here: http://patreon.com/radicalpersonalfinance

Today, we cover:

• I just left my job. Should I break my lease and live in my Prius?

Enjoy!

Joshua

How do you live freely in a world of increasing government oppression? Is it possible to escape onerous government involvement in your life?

Here's my answer!

Joshua

I'm convinced entrepreneurship provides you with a massive level of personal and lifestyle freedom.

Here's why.

Joshua

In this episode, part 2 of our "Spending Liberty" focus, we discuss the value of savings and how relatively small amounts of savings can buy you personal freedom!

Joshua

Today we talk about the incredible liberty that you can enjoy in your life when you make the commitment to get and stay debt free!

Enjoy,

Joshua

Join me for a live set of classes on Practical Preparedness.

Classes begin February 3. Sign up here: http://radicalpreparedness.com

More details in the show,

Joshua

I'm fascinated by the reports and videos coming out of Wuhan, China. I've never before seen a city of 11 million people shut down for a quarantine. I don't think it's every been done before! But it's amazing to watch.

Today, I want you to think about what would happen to you and your family if you were quarantined for an extended time.

If I sent you home and said you and your family had to stay there for the next 30 days, could you do it? Would you survive? Would you be comfortable?

If not, you're behaving irresponsibly. And you need to prepare for such a thing.

To start, you probably need to buy some food. In this show I give you some practical foods to start with.

Enjoy,

Joshua

p.s., Sign up for my live webinar series on Practical Family Preparedness: www.RadicalPreparedness.com

To join next week's Q&A call, go to www.patreon.com/radicalpersonalfinance

Joshua

In today's show I share with you some fat loss and money lessons learned from my 70 pounds of weight loss over the last 6 months.

I hope you'll find some nuggets to help you get skinny and rich as well.

Joshua

I want you to live as a free man. So in this series, I'm working to give you some ideas as to how you can achieve a very high level of freedom while you're on your way to financial independence.

Today, I'm going to share with you the dramatic impact that home education can make on your family's personal liberty.

Joshua

You should set a goal of getting a better job. Here's why!

Joshua

In this series, I aim to give you some ideas that have helped me to develop an extremely free lifestyle, even though I'm not yet financially independent.

Today, I'm going to share with you one of the single greatest assets that I enjoy in my quest for personal freedom: a stay-at-home wife.

This lifestyle choice is one of the things that has most meaningfully contributed to the joy and freedom that my family experiences.

It's also helped us massively financially.

Consider it for yourself!

Joshua

Today I have an interesting essay to share with you. Have you ever thought of The Missionary Position as a path to a life of global freedom?

:)

Enjoy,

Joshua

I want you to experience a lifestyle of freedom and liberty, in every sense of the word. So today we begin a new series called "Seven Rings of Freedom."

Achieving financial independence will make you more free. But there are a bunch of things that you can do along the way that will greatly increase your freedom.

Today, we discuss Spiritual Liberty. If you are personally, spiritually free, you can enjoy peace and joy and contentment in your situation, no matter what the details of your situation are. You can be a human slave and be completely free, if you possess spiritual freedom.

For that reason, we begin our series with Spiritual Liberty and a discussion of why Christianity is the superior path to Spiritual Liberty.

Joshua