With volatile assets like Tesla stock, Ethereum, and Bitcoin, how do you keep a level head while investing? In this weeks episode, Brad and Jonathan are joined by friend of the show Brian Feroldi to discuss managing your runaway winner investments and balancing your portfolio! Listen along as Brian shares his strategies for evaluating stocks, creating guidelines for yourself as an investor, and mentally preparing yourself for the highs and lows of investing! Resources Mentioned In Todays Convers...
Nov 08, 2021•42 min•Ep 350•Transcript available on Metacast this week's episode, Brad and Jonathan discuss the importance of knowing the difference between paper returns and real returns. If an asset has a certain value in the market, it does not mean that said value will exist once an attempt to liquidate the asset is made! Later in the episode, they dip into the mailbag and answer listener questions about episode 332 and tax planning! Resources Mentioned In Today's Conversation Follow Brad on Twitter! Millenial Revolution Raising Your Money-Savvy Famil...
Nov 01, 2021•48 min•Ep 349•Transcript available on Metacast In this week's episode, Brad and Jonathan discuss the rules that financially dictate how we all play the game of life. Together, they point out that knowing the rules can allow you to experience the beneficial side of tax planning, maximizing your benefits, and utilizing your travel rewards! The rules may seem complicated on the surface, but once you understand them, you can start absolutely crushing your path to FI! Resources Mentioned In Today's Conversation Why We Sleep by Matthew Walker, PhD...
Oct 25, 2021•53 min•Ep 348•Transcript available on Metacast In this weeks episode, Brad and Jonathan discuss how critical it is to fully understand what the statistics and numeric values describing your investment returns actually represent. They do so by describing what compound annual growth rate is, explaining the logic behind the 4 percent rule, and by referencing helpful insights gained in previous episodes of ChooseFI! Later in the show, the guys are joined by Rob Phelan from The Simple Startup to discuss second generation FI, the benefits of teach...
Oct 18, 2021•49 min•Ep 347•Transcript available on Metacast In this week's episode, Brad and Jonathan examine the concept of assets and where they fit in your general tax strategy. Together, they discuss the different factors that effect how and when you pay your taxes, compare the differences between Roth IRA's and 401k's, and explore potentially beneficial ways in which after-tax investments and 401k's overlap! Resources Mentioned In Today's Conversation The Unfair (FI) Advantage Of Teachers 457b | ChooseFI Episode 13 The Millionaire Educator's 2021 Fr...
Oct 11, 2021•56 min•Ep 346•Transcript available on Metacast In this week's episode, Brad and Jonathan talk about the benefits behind creating the space needed in life for you to challenge yourself. While it may be tempting to relax in place with your new-found free time, you should be using it as an opportunity for growth! Who knows, you could even find yourself in a career you never thought you'd be in, making more than you ever thought you could earn! Listen along as the guys tell you the steps needed to execute a masterful career pivot! Resources Ment...
Oct 04, 2021•50 min•Ep 345•Transcript available on Metacast In this week's episode, Brad and Jonathan discuss how risk avoidance can weigh down your returns in the form of opportunity costs. While your savings may be safe, you could be missing out on opportunities for your money to work on your behalf! Join the guys as they discuss the rule of 72, inflation, and diversifying as opposed to "deworsifying!" Resources Mentioned In Today's Conversation "Richer, Wiser, Happier" By William Green "The Psychology of Money" By Morgan Housel Are You as Diversified ...
Sep 27, 2021•44 min•Ep 344•Transcript available on Metacast In this week's episode, Brad and Jonathan are joined for the "many-ith" time by Jillian Johnsrud to discuss her new book, "Fire The Haters." Together, they dissect some of the themes from Jillian's book, which leads to discussions about overcoming imposter syndrome, taking action, acknowledging valid feedback, and identifying the difference between procrastination and preparation! Jillian Johnsrud Website: jillianjohnsrud.com Podcast: Everyday Courage Resources Mentioned In Today's Conversation ...
Sep 20, 2021•48 min•Ep 343•Transcript available on Metacast When things are good, is it the right move to settle in place? In this week's episode, Brad and Jonathan discuss the nature of good, and how things being good is often the biggest obstacle standing in the way of things being great. After all, there is no opportunity for growth if you linger in a state of complacency! Resources Mentioned In Today's Conversation Built to Last: Successful Habits of Visionary Companies by Jim Collins Good to Great: Why Some Companies Make the Leap and Others Don't b...
Sep 13, 2021•40 min•Ep 342•Transcript available on Metacast In this week's episode, Brad and Jonathan discuss the benefits of slightly diverting from the FI mindset and spending more on meaningful purchases. While splurging can be a slippery slope, calculated splurging can yield large returns in terms of enjoyment, opportunity, and time! Resources Mentioned In Today's Conversation PaperKarma Opt Out Prescreen FI Weekly: May 11,2021 ChooseFI Episode 076: Planned Spontaneity with Mrs. Adventure Rich ChooseFI Episode 048: The Happy Philosopher | The Happies...
Sep 06, 2021•55 min•Ep 341•Transcript available on Metacast In this week's episode, Brad and Jonathan reopen the mailbag which prompts a discussion examining the true monetary value behind collectable items, and why finding that diamond in the rough could inherently be more valuable than actual diamonds! We also hear about some fantastic wins the community has experienced, plus some insight on how to operate a high-earning lemonade stand with your kids! Resources Mentioned In Today's Conversation Subscribe to ChooseFI's Weekly Newsletter! Mr. Money Musta...
Aug 30, 2021•42 min•Ep 340•Transcript available on Metacast In this week's episode, Brad and Jonathan dive into the mailbag and respond to listener emails! Throughout the episode, you'll hear about some of the wins those in our community have experienced, ranging from having the power to take back and optimize personal time, to 2nd graders discussing the FI movement with their teacher! Resources Mentioned In Today's Conversation ChooseFI's Facebook Group Sign up for ChooseFI's Weekly Newsletter! Take The 5-Day FI Challenge Talent Stacker Want to start yo...
Aug 23, 2021•44 min•Ep 339•Transcript available on Metacast While slashing your expenses can certainly accelerate your path to financial independence, what if it also begins to slash at your own happiness and wellbeing? In this weeks episode, Brad and Jonathan are joined by Alan Donegan from the Rebel Entrepreneur podcast, who attempts to solve this dilemma by discussing 10 ways in which you can increase your income. This way, you can still enjoy the smaller luxuries in your life while maintaining a strong roadmap to financial independence! Alan Donegan ...
Aug 16, 2021•1 hr 9 min•Ep 338•Transcript available on Metacast Does settling down and starting a family really mean that your days of adventuring are over? In this week's episode, Brad and Jonathan are joined by Heidi Dusek from the Ordinary Sherpa Podcast, who firmly believes that having a family doesn't mean that your ability to adventure disappears! Heidi shares with the guys strategies that you can implement with your family to ensure you continue to exercise your "adventure muscle!" Heidi Dusek Website: Ordinary Sherpa Podcast : Ordinary Sherpa Resourc...
Aug 09, 2021•1 hr 2 min•Ep 337•Transcript available on Metacast In this week's episode, Brad and Jonathan are joined by author, podcaster, and entrepreneur Nick Loper from Side Hustle Nation. In their conversation, Nick emphasizes that thinking creatively when looking to start an entrepreneurial journey can lead to a surprisingly successful endeavor. Nick also cited examples he has came across after starting his "1k, 100 ways" project, and how the right idea for a side-hustle could evolve into a full time business! Nick Loper Website: Side Hustle Nation Podc...
Aug 02, 2021•50 min•Ep 336•Transcript available on Metacast In this week's episode, Brad and Jonathan get introspective and examine the choices that everybody has laid out for them in their lifetimes. Together, they ponder why so many choose only the cookie-cutter options in life, and how taking the path less traveled can lead to happiness you never even knew was possible. Resources Mentioned In Today's Conversation Maslow's Hierarchy of Needs Into The Wind with Brandon Pearce Subscribe to our Newsletter! ChooseFI Local Groups Want to start your own jour...
Jul 26, 2021•52 min•Ep 335•Transcript available on Metacast In this week's two-part episode, Brad and Jonathan provide personal examples and insight on relatively safe ways to experiment with your FI investment plan! Later in the show, Sean Mullaney joins the guys to discuss revocable living trusts and how they can fit in with the, "hard to think about," side of future tax planning! Resources Mentioned In Today's Conversation Tax Basis for Beginners Transferring A Primary Residence To Children What Does Inflation Mean for Investors? With Big ERN | EP 331...
Jul 19, 2021•56 min•Ep 334•Transcript available on Metacast In this week's episode, Brad and Jonathan are joined by Jillian Johnsrud, the host of the Everyday Courage podcast and fellow FI guru. Jillian shares with the guys the concept behind a mini-retirement, or in other words taking an extended period of time off outside of the so called "golden years." Together, the trio discussed the benefits of mini-retirements, strategies for optimizing your time while mini-retired, and how to properly prepare for a mini-retirement! Resources Mentioned In Today's ...
Jul 12, 2021•1 hr 2 min•Ep 333•Transcript available on Metacast In this week's episode, Brad and Jonathan are joined by none other than the "FI Tax Guy" himself, Sean Mullaney. Together, they highlight reasons why your tax return may not be such a great thing, and the different ways you can leverage your tax planning to your own advantage! Resources Mentioned In Today's Conversation From Tax Returns To Tax Planning Solo 401(k) to Reduce 2021 AGI Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!...
Jul 05, 2021•1 hr 1 min•Ep 332•Transcript available on Metacast Big ERN (a.k.a. Karsten) from "Early Retirement Now" makes his return to the podcast in this week's episode! With Brad and Jonathan, Big ERN gives us the lowdown on what inflation is, the role inflation plays in the world economy, and the effect inflation can have on a variety of investments! Resources Mentioned In Today's Conversation Start Your Journey to FI Here Want to start your own journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!...
Jun 28, 2021•1 hr 2 min•Ep 331•Transcript available on Metacast In this episode, Brad and Jonathan sit down with Paula Pant, author of the ebook Escape and creator of the blog and podcast Afford Anything . As a group, the trio discuss the current landscape of the housing market, whats different between it now and 14 years ago, some tips and ticks for buyers, and whether or not the current housing market is in a bubble! Resources Mentioned In Today's Conversation Sign up for Paula and Jonathan's Live Event on 6/28! Want to start your own journey to Financial ...
Jun 21, 2021•1 hr 15 min•Ep 330•Transcript available on Metacast In this episode, Brad and Jonathan take a look at popular portfolios in the financial independence community and lay down a structure of comparison for them in a fashion similar to that of a horse race! Join us during the longitudinal study to find out which of these various investment strategies is the right fit for you! Resources Mentioned In Today's Conversation All The Hacks with Chris Hutchins Level Up Your Dividend Strategy and Optimize Your Portfolio JL Collins Paul Merriman Paula Pant Wa...
Jun 14, 2021•55 min•Ep 329•Transcript available on Metacast In this episode, Brad and Jonathan discuss investment strategies with Brian Feroldi, a seasoned veteran of the stock market and author for The Motley Fool . Brian shares with Brad and Jonathan some insight into the current landscape of the market, why some stocks perform the way they do, and why it is important to take a look at the business behind the stock and not just the value of that company's shares. Resources Mentioned In Today's Conversation ARK Fund Brian's Checklist and Early Book Acce...
Jun 07, 2021•50 min•Ep 328•Transcript available on Metacast In this episode, Brad and Jonathan are joined by Alan Donegan, an entrepreneurial guru and host of the "Rebel Entrepreneur" podcast. Together, the trio discuss their own entrepreneurial journeys, tips and strategies for up and coming entrepreneurs, and where entrepreneurship could fit within your FI journey! Resources Mentioned In Today's Conversation Salesforce 5-Day Challenge ChooseFI Facebook Group The Four Hour Work Week by Timothy Ferris Millennial Revolution Mr. Money Mustache Want to star...
Jun 04, 2021•1 hr 3 min•Ep 327•Transcript available on Metacast In this episode, Brad and Jonathan take a look at the ways in which people aren't properly marketing themselves. By running through a thought experiment, Brad and Jonathan uncover skills, abilities, and valuable traits that may be absent from your resume. They also discuss imposter syndrome and how it can lead to selling yourself short. Resource from the episode: Salesforce for Everyone...
May 31, 2021•49 min•Ep 326•Transcript available on Metacast In this episode, Brad and Jonathan reexamine the stages and checkpoints of Financial Independence. In our community, many people are just trying to figure out where they are on this path to FI. While every individuals journey will be unique, when you can gamify the process, the journey can be more rewarding and enjoyable. Resources Mentioned In Today's Conversation Raising Your Money-Savvy Family For Next-Generation Financial Independence Subscribe to Brads newsletter, The FI Weekly The Simple S...
May 28, 2021•48 min•Ep 325•Transcript available on Metacast In this episode, Brad and Jonathan reexamine the stages and checkpoints of Financial Independence. In our community, a lot of people are just trying to figure out where they are on this path to FI, and while every individual's journey is going to be unique, when you can gamify the process, the journey can be more rewarding and enjoyable. Want to start your own Journey to Financial Independence? Sign up for the free 5-Day FI Challenge here!...
May 24, 2021•1 hr 5 min•Ep 324•Transcript available on Metacast Curious about cryptocurrencies? Is it investing or is it gambling? Its a topic the community has a lot of questions on, so in this episode we create. framework for the conversation and explore the nuances. In the US, we generally want for nothing and true scarcity is something we havent recently experienced until this year and suddenly being presented with it creates some interesting psychological reactions. Its good to position yourself to be ahead of the game and be prepared when you hear repo...
May 21, 2021•1 hr 5 min•Ep 323•Transcript available on Metacast Dennison, a member of the FI community and recent Salesforce success story, joined the guys today for a special interview. He expressed to us that being adaptable and willing to change your world viewpoints on the fly (especially in the face of the COVID pandemic) has allowed him to achieve great financial and personal success. Resources Mentioned In Todays Conversation Talent Stacker Salesforce 5-Day Challenge ChooseFI Episode 117 Making the Case for Part-Time With Bradley Rice...
May 17, 2021•44 min•Ep 322•Transcript available on Metacast What Youll Get Out Of Todays Show Picking back up with our ChooseFI Households of FI family, Zach and Marilyn to hear about all of the incredible progress theyve made since their last episode. Like most people, the last year has turned Zach and Marilyns life upside down, only theirs has been positive. Following their conversation with Paula Pant in Episode 247, they were felt encouraged to move forward with a real estate investment when the numbers made sense rather than waiting for a property t...
May 14, 2021•58 min•Ep 321•Transcript available on Metacast 
