Hard Salsa Radio

Decentralization is the key to survival both from a human population perspective, but also and probably more importantly from a financial perspective. In this episode we talk about why decentralization is critical, we celebrate crypto-currencies such as Bitcoin and how decentralization survives the greatest human challenges.

On this weeks episode, I speak with Will - a journeyman on the mission to financial sustainability. Will is far further ahead on this journey than most, having already begun his acquisition of rental properties and already proven the power of smart income when faced with work interruptions. However like all journeys, he needs to optimization and improvement so we deep dive with him on how he can meet his goals and objectives faster.

Ive heard for many years about the end of the boom times. This is nothing more than natural cycles in the universe coming into balance. So yeh, I agree. But when you artificially inflate a stock market to record highs for so long, the fall is coming from much higher points and you can imagine how that will feel for those falling off that cliff. Best you be prepared for this, so well go into details on what you can do now to avoid destruction now and find opportunities.

Brian has an interesting story. He works in the financial services industry, has a regular 9-5 job, has a great family, etc. The perfect representation of Americana and middle class success. But he lacks hope and wants to be unconstrained. Are you Brian too? Take a listen and find out.

In this episode, Im going to take you on a little journey with me as you watch how a contrarian sees the future, and acts in order to position for what could be the best ride of the 21st century so far. Strap in and enjoy the ride.

This is the first recorded listener interview in which Myles sits down with listener Alex and talks about his journey and challenges to be unconstrained. We hope you enjoy hearing his tale and how he has committed to the unconstrained journey.

I speak to a lot of people who are trying to attain financial independence and the reasoning goes something like this - I dont like my job, so I want to make a lot of money, save it and quit.. I also speak to those that have done that, and they are not necessarily happy either. Lets put this all into perspective, and talk about Why we do this.

I was recently asked by a listener who is in his 20s, what my life looked like back then, and what did I do in my career, and what I learned from it. Let me venture down my memory lane, tell you what I learned and you might get to know me a bit better by the end of this episode. Strange thing is that I think I know myself better from recording this now.

It has taken me decades of mistakes to come to the realization of all the time wasting business endeavors that Ive pursued and how stupid they were. Not because they didnt make money, but because they became an albatross around my neck due to misunderstanding the entire point of Smart Income. In this episode Im going to tell you the secrets, so you can avoid my mistakes and fast track yourself to financial freedom.

We've been programmed into thinking about saving for retirement like it is a ceremonial event throughout our working lives, and that if we dont do this we are doomed to live on the street, in a cardboard box, or die early. Im going to dispel some of these myths and explain some alternative thinking you might want to entertain in this episode.

When I speak with people that are working a 9-5 job, investing in their 401K, etc. they ask me why they are not getting ahead. It is hard to tell them this, but Ill tell you - it is because they are not taking any responsibility for their lives and deferred it to a third party. The unconstrained know the buck stops on their desks so lets have a chat about responsibility.

There is no progress without risk. Investment returns are tied to risk. You get up in the morning and live your life - thats a risk. There are risks everywhere. The key is knowing your tolerance for risk, how to manage and live with them, and seek out enormous returns with proper risk management.

The traditional thinking of Financial Independence is to amass a large amount of cash by savings, then invest it at interest rates that return more than a draw rate, and eventually you can retire. In this episode we are going to burst that bubble by focusing on the falacies of this approach and how Financial Sustainability offers a contrarian position that you might want to entertain.

This episode shines a light on the choice of going to college. Parents and students are trying to make the right decisions for this important choice. I am going to give you some ideas you may not be yet considering... The Red Pill approach.

I am 100% financially sustainable because of my rental real estate investments. But it didnt start out that easily, so Im going to share what worked and what didnt work in my real estate portfolio and how, once you discover what works for you, you can scale it to the moon and live 100% financially independent and sustainable.

History teaches us that the path to immense wealth involves punting on the future. Today Im going to focus on what I see as innevitable changes coming to the world in the next five or ten year horizon, how this impacts those pursing financial independence and early retirement and how that may underscore the importance of being unconstrained.

After a recent discussion with someone on Twitter, I tried to explain how simple it is to achieve financial sustainability. All I received back after offering this information were excuses... But I cant do that? or How can I get enough money to make a downpayment on a rental property?. It seemed that every answer to how to live unconstrained was rebutted with a perception on why that person couldnt do it. I was confused. I didnt understand how to every solution offered, the recipient countered with some reason why they couldnt do it. Then I realized why... They dont have the mindset for this yet.

I've seen with my own eyes how Australia sold itself out to China and may as well now be a province of Beijing. But this happens at the ground floor with individual decisions so lets expose some of the danger here and what you can do to avoid becoming constrained by yet another rising empire regardless of where you live on this planet.

Spoiler Alert: I dont know the answer to this question. But in my quest to understand it, and the art of using it to acquire what we need, Ive discovered many stories and hacks along the way. In this episode Im going to tell a few of them, including an overview of my adventures with Bitcoin.

What is the #1 thing that new retirees do? Travel. By reclaiming their right to their time, travel becomes the best use of it. But if you consider yourself to be a free spirit and a citizen of the planet, you will already know that travel comes with huge benefits and many are not obvious until you get out there and see the world. Lets talk about why internationalization and travel are critical activities for the unconstrained.