294-Friday Q&A: Liability Insurance, Life Insurance for a Stay-At-Home Mom, Real Estate Financing and Entities, And More!

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 15 February 2016

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Friday Q&A show today!

Is an umbrella liability insurance policy a good idea?
Should I buy life insurance for my stay-at-home wife at my job?
How do I finance real estate?
What type of entity should I choose for real estate investment?

Enjoy!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0	The Samsung Galaxy Buds Effie are a perfect partner for your smartphone.
0:06.0	Stay immersed thanks to active noise cancellation with AI technology that filters out
0:11.1	unwanted background noise.
0:12.8	Listen to your audio in comfort hour after hour with the new wingtip design
0:17.6	and easy touch controls that make changing settings a breeze.
0:21.5	That's a lot to love for just 99 pounds RRP, the new
0:25.8	Galaxy Bud Zefi. Buy now at Samsung.com. Live Friday Q&A show for you. Today we talk real estate, more real estate, we're going to rename
0:36.2	radical personal finance to be radical real estate pretty soon here. We also talk however life insurance,
0:41.8	how to protect spouse and kids with group life insurance
0:44.9	and we talk a little bit about again where and how to save money for long-term goals.
0:52.1	Some real gems in here today I hope your host.
1:14.0	Thank you for being with me today. This is the show where I work hard to equip you with the ideas and
1:18.5	inspiration you need to live a rich life now and also to build a plan for financial freedom in 10 years or less.
1:28.0	Today you're going to hear some ideas on how to do both of those things. I've been switching our Friday Q&A calls to be a live Friday Q&A call. And a quick note about that here as I begin. I really am enjoying this. I like the personal interaction. I enjoyed it very much a few months ago when I did it and I and I like it. I do warn you I am still learning. It's a completely new skill set to figure out how to balance the appropriate length of an answer and
2:04.8	how to stay on point. So frankly I did my best but I was just thinking back a
2:12.0	little bit after the fact about some of the answers and I did my best.
2:15.6	But I intentionally often leave my best here for you without going back and editing it tightly sometimes.
2:24.8	Simply because I want to lead by example.
2:28.4	Anytime you're acquiring a new skill, you're going to find yourself in a situation probably where you're not very good for a while.
2:34.5	They talk about the stages of competence, right? If memory is right, you start with unconscious
2:39.8	incompetence and then you move to conscious incompetence. Then you move on to conscious competence and then you move on to
2:44.7	conscious competence and then finally perhaps to unconscious competence.
	...

Please login to see the full transcript.

Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.