Radical Personal Finance
Direct download: RPF0712-How_to_Respond_to_An_Emergency_Loss_of_Income.mp3
Category:podcast -- posted at: 10:41am MDT

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!


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?”

Direct download: RPF0Short_Update-Courses_Consulting_and_What_a_Man_Really_Needs.mp3
Category:podcast -- posted at: 8:34am MDT

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

Direct download: RPF0709-Dont_Fight_the_Seas_Simply_Change_Your_Goals_Instead.mp3
Category:podcast -- posted at: 5:19pm MDT

Direct download: RPF0708-Understanding_the_Rough_Economic_Fiscal__Monetary_Waters_Ahead.mp3
Category:podcast -- posted at: 4:10pm MDT

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

Direct download: RPF0707-Where_Do_We_Go_From_Here_COVID19.mp3
Category:podcast -- posted at: 6:59pm MDT

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


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

Direct download: Warning-Dont_Let_My_Optimism_Lead_To_Your_Inaction_Coronavirus.mp3
Category:podcast -- posted at: 8:37am MDT

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!

Direct download: 2020-03-11_-_Thoughts_on_Coronavirus_Events.mp3
Category:podcast -- posted at: 9:50pm MDT

Current events show today. Let's discuss:

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

Enjoy!

Joshua

Direct download: RPF0705-Current_Events-Coronavirus_etc.mp3
Category:podcast -- posted at: 1:34pm MDT

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

Direct download: Louisville_Meetup.mp3
Category:podcast -- posted at: 1:05pm MDT

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?

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