Radical Personal Finance

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

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.

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