324-Friday Q&A: How to Invest $1k to 10k, How to Prioritize Competing Goals, Should I Stay in my Current Job Until I'm Vested, What Kind of Retirement Plan Should Middle-Age Hotel Owners Establish
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 22 April 2016
⏱️ 58 minutes
🧾️ Download transcript
Summary
On Fridays, we do Q&A! Today we cover:
- How to Invest $1k to 10k?
- How to Prioritize Competing Goals?
- Should I Stay in my Current Job Until I'm Vested?
- What Kind of Retirement Plan Should Middle-Age Hotel Owners Establish?
If you'd like to participate in these Friday calls, become a patron of the show at www.radicalpersonalfinance.com/patron
Enjoy!
Joshua
Transcript
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| 0:00.0 | It's Friday. |
| 0:01.7 | Friday. |
| 0:02.5 | On Fridays we do Q&A shows. |
| 0:04.5 | Basically, you call in with questions and I do my best to come up with some kind of helpful |
| 0:09.8 | answer. |
| 0:10.8 | Of course, you've got to be the judge of how truly helpful it is. Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets and I'm your host. Thank you for being with me today. |
| 0:36.0 | This is the show where we're dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now while |
| 0:44.3 | building a plan for financial freedom in 10 years or less. If you're a patron of the |
| 0:48.2 | show you get access to a Friday Q&A call. That's the very best way if you've got a specific question that you'd like to get |
| 0:55.0 | some input on for you to get a hold of me. As we head over to the conference call line here, it looks like I got a total of four |
| 1:06.8 | collars lined up. I know what a couple of them want to talk about. And I just want to |
| 1:10.5 | mention to you, if you would like to ask a question question if you'd like to steer the content of these shows |
| 1:15.0 | The best way to do that is become a patron of the show as a patron of the show at a certain level |
| 1:19.7 | You get access to the conference call line. You can call in and you can ask a question. |
| 1:23.7 | And I don't screen the calls, so if you want to catch me out or ask me something interesting or see if you can |
| 1:28.3 | stump me, this is the very best way for you to do that. So right now I've got four collars on the line and let's |
| 1:35.1 | go and jump first to Eric from Georgia. Eric go ahead with your question please. |
| 1:40.4 | Thanks Joshua. What are some hands-on investments in the $1,000 to $10,000 range? |
| 1:47.0 | When I think of hands-on, I'm thinking of real estate. |
| 1:51.2 | I can purchase the real estate, go to the property, fix it up and meet my tenants, |
| 1:56.1 | and I consider stock index fund investing hands off. I want to do more of that hands-on investing, |
| 2:02.1 | but it seems like most people only talk about |
... |
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