636-The Case for Moving to Puerto Rico
If you're a US citizen who earns $500,000 or more, who is not willing to renounce your US citizenship, and who is involved in business and investing, you should seriously consider moving to Puerto Rico.
Joshua
635-Friday Q&A: Moving From NY to FL to Cut Taxes, Life Insurance at Work, Investment Philosophy, 529 Plans
On Fridays we do Q&A! Today:
1:20 How can I effectively move from New York to Florida in order to end my tax residency?
17:20 What should I do with the life insurance I'm offered at work?
23:00 How do you advise someone to develop an overarching investment philosophy?
48:05 Should I put money into a 529 plan for my not-yet-conceived children?
If you'd like to join me next week, go here: www.patreon.com/radicalpersonalfinance
Joshua
633-The Case for Moving to a No-Income-Tax State
One of the most effective things you can do when trying to figure out how to build wealth is to find ways to save big money. Fast. And since Americans collectively spend more on taxes than housing, food, and clothing—combined—you should start by trying to save money on taxes.
Today, I give you my case for why you should consider moving to a No-Income-Tax state.
Enjoy!
Joshua
617-Friday Q&A: Giving Money to Poor People, Contributing My Salary to my Wife's 401(k), Protecting Investment Accounts, Buying Term Life Insurance while FI, etc!
1:45 - How can I give nice gift to people who are poorer than I am without creating a power imbalance?
15:20 - Can I contribute my salary into a 401(k) plan for my wife in order to maximize our retirement account contributions?
28:05 - How can I protect my non-qualified investment accounts that are exposed to the claims of creditors?
44:30 - I don't "need" term life insurance because I'm financially independent. Should I still buy some?
51:00 - I'm following Dave Ramsey's baby steps and am almost out of debt; should I store up my emergency fund in a Roth IRA?
56:00 - I want to buy an investment that will pay for my new car instead of just burning all my cash on the car. How do I do that?
(For the context of any time-relevant comments relating to current events, this Q&A was recorded on 12/19/2018.)
511-Friday Q&A: Should I Use my 401(k) Money to Invest in Real Estate with a Self-Directed IRA, What Questions Could a Client Ask their Financial Advisor for a More Productive Relationship, Do I Risk the Wrath of the IRS by Moving From Sole Prop to S-Corp
It's Friday! That means Q&A time. Today we cover:
- Should I Use my 401(k) Money to Invest in Real Estate with a Self-Directed IRA
- What Questions Could a Client Ask their Financial Advisor for a More Productive Relationship
- Do I Risk the Wrath of the IRS by Moving From Sole Proprietor to S-Corp
- When Is the Right Time to Hire a Tax Accountant Instead of Doing it Myself?
If you'd like to join for a future Q&A show, sign up here: www.RadicalPersonalFinance.com/patron
Joshua
507-Friday Q&A: Should I Move From My Apartment and Buy a House in the Suburbs, How do I Set Up a Solo 401(k) So I Can do a Mega Backdoor Roth IRA, Should I Work as a 1099 Contractor or a W2 Employee
It's Friday! And it's time for Q&A. Today we cover:
- Should I Move From My Apartment and Buy a House in the Suburbs
- How do I Set Up a Solo 401(k) So I Can do a Mega Backdoor Roth IRA
- Should I Work as a 1099 Contractor or a W2 Employee
If you'd like to join for a future Q&A show, sign up here: www.RadicalPersonalFinance.com/Patron
Joshua
