Radical Personal Finance

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: [email protected]

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. He's here to share with you his experiences of what things are actually like inside Venezuela.

Joshua