Joshua Sheats

Radical Personal Finance

Business EN ↓ 1231 episodes

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.

Author

Joshua Sheats

Episodes

721-Friday Q&A: Stock Market Volatility, For-Profit Schools, Personal Self-Confidence, HELOCs, Etc. 01.05.2020 1:09:00

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...

720-Commit to Growth, Exercise Courage, Develop Capability, Find Confidence 01.05.2020 23:33

719-How to Have a Low-Cost Adventure in the Midst of a Financial Depression 21.04.2020 1:04:39

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.

718-Friday Q&A: Credit Card Annual Fees, Like-Kind Exchanges, What to Do Next After Debt, Side Businesses, etc. 17.04.2020 1:25:04

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...

717-Friday Q&A: HELOCs, Deferring Mortgage, Investing for 18-Year-Olds, Moving to the Country, Voluntary Furloughs, Etc. 10.04.2020 1:59:22

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...

716-How to Profit From a Recession 07.04.2020 1:25:21

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

715-How to Respond to An Emergency Loss of Income 31.03.2020 47:54

714-Friday Q&A: COVID-19 Update, Positive Thinking, Working Class Mentality vs. Rich Mentality, Ethical Problems, Market Participation, etc. 27.03.2020 1:20:56

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/radicalpersonalfinan...

Short Update: Courses, Consulting, and What a Man Really Needs 25.03.2020 13:32

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 un...

713-Friday Q&A (Please Listen! SERIOUS Financial Concerns Discussed & Analyzed) 20.03.2020 1:49:19

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? H...

712-Don't Fight the Seas, Simply Change Your Goals Instead 19.03.2020 42:34

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

711-Understanding the Rough Economic, Fiscal, & Monetary Waters Ahead 18.03.2020 1:07:26

710-Where Do We Go From Here? (COVID19) 15.03.2020 1:00:09

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 o...

709-Friday Q&A: Rentals, Down Payments, Refinancing, Career Transition, Quitting Job Right Now, Tax Loss Harvesting, EU Citizenship, 401(k) Loans, Nomad Living, Prepping and Keto Diets, Etc. 13.03.2020 2:05:54

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 luc...

708-Warning: Don't Let My Optimism Lead to Your Inaction (Coronavirus) 12.03.2020 50:25

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

707-Thoughts on COVID-19 Events du Jour 12.03.2020 31:29

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...

706-Current Events: Coronavirus, Recession, Stock Market, and Risk Management 06.03.2020 50:50

Current events show today. Let's discuss: COVID-19 Economic prognostication Stocks Risk Management Enjoy! Joshua

Louisville Meetup on Tuesday, March 10 06.03.2020 0:55

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

705-Friday Q&A: Upgrading Lifestyle, Public Speaking Course, MPT, Antibiotics, 401(k)s, Multiple Citizenships, LTC Insurance, Asset Protection for Real Estate, ISOs 02.03.2020 2:08:54

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 th...

704-Friday Q&A: Master's Degree, Changing Income, Cancel Whole Life Insurance, Pay Off Mortgage Early, etc. 28.02.2020 54:47

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...

703-On-the-Ground Insights to Prepare for a Venezuela-Style Economic Collapse 26.02.2020 1:30:02

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

702-Why You Should Take the Coronavirus Seriously and Prepare 24.02.2020 1:34:07

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 Recessi...

701-Seven Rings of Freedom: Financial Liberty 21.02.2020 1:07:24

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

700-Friday Q&A: Should I Break My Lease and Live in My Prius? 14.02.2020 37:17

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

699-Seven Rings of Freedom: State Liberty 12.02.2020 1:34:59

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