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Radical Personal Finance

834-Friday Q&A: Baseball Cards, VideoGame YouTube, Inheritances, Borrowing Against Assets, Etc.

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 3 December 2021

⏱️ 83 minutes

🧾️ Download transcript

Summary

It's Friday! And today we cover:

  • 2:01 What should I do with my old baseball cards?
  • 6:31 Should I help my 6 & 8 year old's build a YouTube channel about video games?
  • 45:33 I've just received an inheritance from my grandfather. What do I do with it?
  • 53:01 What books should I read to my new baby?
  • 1:12:12 How do you actually borrow against assets so as not to pay taxes?

Transcript

Click on a timestamp to play from that location

0:00.0

Today is Friday, and as always, live Q&A.

0:20.0

Good Friday to you, my friends.

0:22.0

Today is Friday, December 3, 2021.

0:25.0

Coming up on the end of 2021.

0:27.0

My name is Joshua Sheetz.

0:28.0

This is Radical Personal Finance Show, where I work with you to help you live a rich and meaningful life now.

0:32.0

We're building a plan for financial freedom in 10 years or less.

0:35.0

Today is Friday, and as we do any Friday, where I can make all the wires and the internet and the phone signal work, it's live Q&A.

0:43.0

As I said, any Friday that I can make everything work and arrange everything with a reasonably quiet place to record and a microphone that works and a little bit of access to an internet signal and a phone signal, we do a live Friday call and show.

1:04.0

Friday call and show works just like live call and talk radio.

1:07.0

You hear it probably about an hour after it's recorded.

1:10.0

Usually I have these published within about 10 minutes of finishing up the recording.

1:14.0

But basically you get to call in and talk about anything you want to talk about as the late Rush Limbaugh used to say, open line Friday.

1:23.0

And I love to talk to you about any questions you have, anything related to your personal life, anything you want to pick my brain on, anything you want to rant and rave about, we love talking about those topics.

1:32.0

If you would like to join me on a Friday Q&A show, I would love for you to do that.

1:36.0

Go to Patreon, sign up to support the show on Patreon, and that will give you access to one of these Friday Q&A shows.

1:43.0

That allows me to squeeze the number of callers down to a manageable level by restricting access through Patreon.

1:49.0

If you'd like to speak to me, probably one of your cheapest and most effective ways to get a chance to call in and talk with me about anything that you are interested in talking with me about.

1:58.0

We begin today with Peter. Peter, welcome to the show. How can I serve you today, sir?

2:03.0

Hey Joshua, how are you? Very well, sir.

2:07.0

All right, my parents are clearing out their house. They brought my baseball card collection over at Thanksgiving, and I am wondering what to do with them now.

2:17.0

You have fixed something that I know nothing about, literally nothing about.

...

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