Radical Personal Finance
Joshua Sheats
Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.
Episodes
Mentioned books
Jul 17, 2019 • 37min
654-A New, Legal Tax Scheme to Help You Save Capital Gains: Qualified Opportunity Zones
Today we discuss Qualified Opportunity Zones, a legitimately new way for you to potentially save on capital gains taxes. Joshua Map of designated opportunity zones:https://esrimedia.maps.arcgis.com/apps/View/index.html?appid=77f3cad12b6c4bffb816332544f04542
Jul 15, 2019 • 47min
653-How Tax Rule Changes Can Sink Your Financial Plan (Discussion of H.R. 1994: the SECURE act)
There is an important piece of legislation that has passed the House of Representatives and is being considered in the Senate. It's technically known as H.R. 1994 "Setting Every Community Up for Retirement Enhancement Act of 2019." It has some changes that are potentially helpful to you; and some that may destroy the value of your qualified accounts. Joshua
Jul 10, 2019 • 56min
652-Cost of Living vs. Quality of Life (with an international flair)
How do you balance the Costs of Living with your Quality of Life when you're thinking about moving out of your home country? Let's discuss! Joshua
Jul 5, 2019 • 1h 10min
651-Can You Invest Better Than a Hedge Fund Manager?
In order to build wealth over your lifetime you need to #InvestWisely. But, how? How do you do it? What should you invest in? Today, we discuss that question with an active hedge fund manager named John Medford. He and his team manage a large fund with an impressive record. And, in this episode, we discuss why you probably shouldn't bother to try competing with him. Joshua
Jul 2, 2019 • 54min
650-The Case for Pop-Up Campers
I think a pop up tent camper is an ideal compromise for family vacation travel. In this show, I tell you why. Joshua
Jun 28, 2019 • 1h 55min
649-Friday Q&A: Fiscal Future of the USA, Financial Coaching, International Living, Dividend Investing, Morality of Investing, Quitting my Job, etc.
1:30 What is the fiscal future of the USA in light of the Democratic candidates' debate this week? 19:12 How could I do financial coaching for the not-yet-wealthy? 35:20 What are the benefits of international living? 41:15 Should I be a dividend investor or index fund investor? And how can I simultaneously be a moral investor? 1:15:45 Should I quit my job because I can? 1:33:30 How could I invest differently than just real estate and mutual funds?
Jun 21, 2019 • 2h 9min
648-Friday Q&A: Sell Crypto to Pay Debt, Adjust Investments for Economic Uncertainty, Adjusting Finances for Divorce, Birth Tourism, Living Abroad, Etc.
Friday Q&A today! 1:54 Should I sell my cryptocurrency to pay off my IRS debt? 10:30 How should I readjust my investments to plan for future economic uncertainty? 26:09 How should I think through my finances in the midst of possible divorce? 59:46 What do I need to do with my US-based investments while I move to Spain? 1:08:00 My wife and I are having a baby and are interested in birth tourism. How should we analyze the possibilities? Enjoy! Joshua Join me for next week's Q&A! http://patreon.com/radicalpersonalfinance
Jun 21, 2019 • 1h 40min
647-Asset Protection Planning for Mere Mortals - Part 12 - Intelligent Asset Titling
If you care about asset protection planning, there's hardly any reason for you to own an asset in your own name. So, you'll have to get used to titling asset in slightly different ways. Today, I teach you why and how. Joshua
Jun 17, 2019 • 52min
646-How to Travel the World On The Cheap
When I ask people about their goals, about 80% of people tell me they want to travel when they retire. And yet, very few people actually follow through and travel! Why? Of course there could be many reasons. But if the cost of traveling is keeping you at home, I want to help you. In today's show, I'll share with you some ideas and strategies to travel the world on the cheap. Enjoy! Joshua Inspirational video of couple who traveled for 2 years and spent about $14,000. Total. https://youtu.be/8A1f_rYT4TI Airfare tool: https://kayak.com/explore Airfare tool: https://matrix.itasoftware.com/
May 29, 2019 • 1h 32min
645-The Power of Choosing Not to Retire
In today's show, I'm going to teach you how an average guy can build a $165,000,000 estate by choosing not to retire. And I'll tell you a bunch of reasons why that would be great for you to plan for (even though you're simultaneously working towards financial independence in 10 years or less). Enjoy! Joshua
