RPF 0009 – Why Your House is a Terrible Investment – Interview with James Collins from jlcollinsnh.com
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 2 August 2013
⏱️ 115 minutes
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Summary
Transcript
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| 0:00.0 | Welcome to the Radical Personal Finance Podcast. I'm your host Joshua Sheets. |
| 0:07.0 | Today's show is certain to be challenging, controversial, and I hope appropriately radical. |
| 0:15.0 | Our topic today is real estate and we'll be discussing why your house is a terrible investment, |
| 0:21.0 | how to do a proper rent versus own calculation, and other wealth |
| 0:25.8 | building topics with our special guest, James Collins. James got to start selling |
| 0:30.8 | flyswater's door to door and picking up empty pop bottles from the side of the |
| 0:34.5 | road at eight years old. Since then he's earned his living as a soda jerk, bus boy, a dishwasher, |
| 0:39.9 | an order pooler, a grocery bagger, a stock clerk, a produce clerk, and a gas station pump jockey, |
| 0:45.1 | a male clerk, ground man for a tree crew, landscaper, ad agency, founder, account executive |
| 0:50.0 | ad space salesman, investment officer, entrepreneur, consultant, Entrepreneur, Consultant, Sales Trainer, Speaker, writer, |
| 0:55.9 | Radio Talk Show, Host, and a Publisher. |
| 0:58.4 | Today he is officially retired, sort of, but from time to time he shares his wisdom with the world over |
| 1:06.6 | at J.L. CollinsN.com in addition to sitting on a couple of corporate boards for small entrepreneurial companies that he finds interesting. |
| 1:15.5 | James, welcome to the Radical Personal Finance Podcast. |
| 1:19.0 | Well, thank you, Joshua, but I gotta say that sounds like a guy who can't hold a job. |
| 1:23.0 | When I went and read your about page, I couldn't resist because he did such a good job on there. |
| 1:28.0 | That is a great list. |
| 1:30.0 | It was kind of my life flashing before my eyes. |
| 1:33.0 | I figured it out one time. |
| 1:36.0 | I had, someday I got to make that list for myself because I think I had like 20 jobs or something like that by the time I was in my 20s and anyway I got to go and |
| 1:46.7 | like count them all up sometime but it's so fun to do that and see all the different experiences. |
| 1:51.2 | Well it is kind of fun and of course when you do that you think back on them and and I can |
... |
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