Today, we continue the Asset Protection series with an in-depth look at health and education accounts. Specifically, we cover:
1:45 - Is it moral to support the current capitalist system of economics?
32:20 - How can I figure out how much umbrella liability insurance to purchase?
39:00 - Does having a higher umbrella liability insurance policy make you the target of a lawsuit?
46:05 - I want to buy a house but I'm in the middle of paying off debt (on Dave Ramsey's Baby Steps plan). Should I pay off the debt first?
1:00 - Should I roll my 401(k) over to my new job or into an IRA?
11:30 - How should I prepare for a meeting with an estate planning attorney?
17:55 - How should I decide to indulge myself with a luxury expense?
35:45 - Life insurance advice for a newlywed couple.
48:05 - How can I maximize the value of my business for sale?
The future will be one of the following:
1. Same as now or better
2. Similar to a recession
3. Similar to a depression
4. Similar to mad max
5. Void of humans due to asteroid hitting earth or similar calamity
2:00 - Life insurance advice for a recently married husband
6:15 - How can I make a back-door Roth contribution without being subject to the pro rata rule?
11:35 - How can I protect the money in my taxable brokerage accounts?
20:50 - How can I optimize my tax situation as an expat living in Bermuda?
47:20 - I live in China and am returning to the USA. What should I do with my money?
50:25 - How should I balance paying off debt with real estate investment?
1:03:05 - How can I invest for my 15-month old daughter?
In this episode of the Asset Protection Series, we do a deep-dive into annuities. Entry-level stuff at the beginning and some extra, hard-core bonuses at the end.
1:20 - How Can I Invest in Distressed Mortgage Notes Inside my Roth IRA?
8:05 - Should I Pursue a Chartered Financial Analyst Credential for My Own Investment Knowledge?
17:00 - Should I Contribute More Money to a Roth 401(k) than a Traditional 401(k)?
38:15 - How can I Balance Personal Privacy and Functionality in Building My Business?
For reference to any time-dated commentary, this show was recorded on 12/21/2018.
I gave an interview to Aaron from the "In The Rabbit Hole" podcast, a modern preparedness podcast. It was published on November 12, 2018.
Preppers love to discuss many things: Guns, food storage, knives, bushcraft skills, and a litany of other topics. These topics are chewed, debated, and deliberated about endlessly amongst preppers.
But personal finance does not get much love, unfortunately. It’s not surprising, though. Most people would rather discuss… um… adult relations at the dinner instead of money–an odd taboo, really.
At its core, money is an omni-tool; it can be turned into nearly anything else needed. And a healthy personal financial standing is the most likely position from which to best safeguard your families well being.
1:25 - I just got married. What financial planning should I do now?
39:35 - My employer offers a 401(k) with no match. Should I participate?
55:35 - How can I save for my child's college education with a 529 plan or with a Roth IRA?
For reference to any time-dated commentary, this show was recorded on 12/20/2018.
In Episode 616, I argued the point that if missing one paycheck is a problem for you, you're behaving stupidly. My guest on today's show took umbrage with my commentary on Twitter. So invited her on to discuss!