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Radical Personal Finance

953: Come Hang Out With Me in Panama! (While Building a Bulletproof Plan B)

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 18 July 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Welcome to Radical Personal Finance, a show dedicated to providing you with knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

0:09.4

My name is Joshua Sheetz, I'm your host and on today's podcast, I'm going to share with you some useful information and ideas, especially focused on the topic of international planning.

0:19.7

I'm going to share with you some ideas about one nation in specific, that nation is Panama, and how it can be a useful tool in your international planning toolbox.

0:28.8

And I'm going to invite you to sign up for a private one week event, which I am co-hosting in January of 2024, that one week event will be located in Panama City, Panama, and what I'm doing is, together with my friends, Michele Thorup, founder of expatmoney.com, as well as Gabriel Costodiat, founder of Watchman Privacy, whom I've worked with on a number of courses, etc, we are presenting and co-hosting a private one week event.

0:58.8

I think of it as almost an investment tour of the nation of Panama. It's going to be very limited access, very limited numbers of people, a really nice luxury event for one week, and I want you to come and spend a week with me and with my friends in Panama.

1:14.2

If you'd like to just skip straight to and say, that's it, I'm up, I'm ready to go, go to expatmoney.com, slash radical, expatmoney.com, slash radical, link is in the show notes, you can go there, you can read the sales page, all the information is there, and you can sign up.

1:28.6

Of course, of this podcast, I will share with you some details. First, I'm going to share with you a little bit about my story with internationalization, and why I have become so heavily involved in this space, because it's not necessarily a normal expression for many financial planners and many people's finances, etc.

1:45.6

I'm going to share with you a bit of a framework as to how you approach internationalization. I'm going to share with you a little bit about the nation of Panama and how it can be a very useful tool.

1:56.4

And then I will share with you all the details of this event, let you know what you can expect when you come and hang out with me in January.

2:05.0

Let's begin with my pathway into internationalization, though newer listeners of radical personal finance might be surprised by this.

2:14.2

For me, my international endeavors and my international focus is a relatively new thing in my life.

2:21.0

Up until about four to five years ago, it's not something that I ever conceived of, thought of, or spent much time involved with.

2:30.2

I was born and raised in the United States of America, and I had, I think, a fairly normal experience of doing that.

2:36.6

And when I say normal, what I mean is I didn't think a lot about the world outside of the United States.

2:43.0

I did enjoy traveling, I traveled more than many people, but certainly not as much as some.

2:48.2

And that travel was something that I enjoyed, but I never imagined moving to another country or doing things in another country, et cetera.

2:56.0

Most Americans don't. Most Americans have a mindset that basically involves doing everything inside of the United States.

3:03.8

And that's not something that I think should really be criticized.

3:08.0

I don't like to engage in America bashing.

3:12.2

I think it's a very common thing because the country is large and powerful and wealthy.

3:18.0

People enjoy beating up on Americans.

3:20.4

And I line up to defend Americans against many of those things.

...

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