Invest Like a Boss

Latest Episodes:

112: FIRE – Financial Independence, Retire Early Dec 05, 2018

Show notes

Sam Marks and Johnny FD has officially hit FIRE, meaning that they are financially independent with an early retirement. They’ve both reached their success in such unique ways that will inspire you!

During this episode, Sam and Johnny FD will share how they hit FIRE including how YOU can do the same. Find out how much money you actually need to retire and how to calculate it. Understand the 4% rule and learn to apply it to your life. Listen to the end to hear about the downside to the FIRE movement and what you can do even after you hit your ultimate FI number.

Link:

Where we are:

Johnny FD & Sam Marks - Chiang Mai, Thailand

Discussed:

Recommended:

ArtofFX – Start with just a $10,000 account (reduced from $25,000)
Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
Betterment – Get up to 1 year managed free
PeerStreet – Get a 1% yield bump on your first loan

Book:

The Total Money Makeover - Dave Ramsey

Time Stamps:

03:54 - How Johnny FD and Sam hit financial independence
10:17 - The benefits of being financially independent and retiring early
13:35 - How much money do you actually need to retire?
19:07 - Managing your expenses and location arbitrage
27:26 - Foreign income tax exclusion and legal loopholes
34:41 - Earning more money and creating more income streams
45:04 - Utilize debt to your advanced
47:41 - Understanding the 4% rule and applying it to your life
58:40 - “The number one fear in the world is running out of money when you’re still alive” - Sam Marks
01:06:09 - The downside to the FIRE movement
01:15:14 - Working after you reach your FI number

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111: O’Shares ETFs Quality Weighted Approach with CEO Connor O’Brien Nov 27, 2018

Show notes

Connor O’Brien is the CEO and President of O’Shares, a rules-based ETF designed to provide investors with the means to invest in some of the largest global companies that derive most of their revenue from the Internet and e-commerce sectors that exhibit quality and growth potential. Mr. O’Brien has extensive global investment experience encompassing over 25 years of involvement in the Canadian, U.S. and international markets.

During this episode, Mr. O’Brein will share a series of ETFs designed to be core long-term investment holdings. He will talk about the rule-based approach that provides attractive performance and limited volatility with an emphasis on income. Expect to truly learn how to ‘Invest Like a Boss’ with this simple and straightforward strategy.

Where we are:

Sam Marks and Johnny FD - Chiang Mai, Thailand
Connor O’Brien - Boston, Massachusetts

Discussed:

Time Stamps:

04:17 - Initial thoughts on this ETF?
10:11 - Connor and Kevin O’learlys relationship
11:31 - O’Shares philosophy and choosing ETFs
15:10 - “You want to own the stocks of companies that have profitable businesses and pay a dividend” - Connor O’Brien
16:28 - Chasing high yields and high-quality stocks
22:09 - Why your REIT funds are down this year
24:10 - What influences the weight of stocks and do they ever change?
26:08 - Top holding for large and small cap ETFs
31:13 - What happens when you actually invest in a funds
36:17 - When will companies pay out dividends?
38:33 - How to invest like a boss and buy O’Shares
47:06 - Dividends checks and high-risk investments
51:47 - Investing in domestic vs. international funds

If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

110: How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas Nov 16, 2018

Show notes

John Thomas is one of the founding fathers of the modern hedge fund industry. He broadens the public understanding of the techniques and strategies employed by the most successful hedge funds so that they may more profitably manage their own money.

In his free time, John climbs mountains, does long distance backpacking, practices karate, performs aerobatics in antique aircraft, collects vintage wines, reads the Japanese classics, and engages in a wide variety of public service and philanthropic activities.

During this episode, John will share some of the investing principals that he’s used to yielding him up to 35% returns. Learn about the trade alerts, his favorite platforms to use, and how traveling the world has only improved his success. Expect to hear about his thoughts on passive verse active investing. After hearing this you might want to adjust your strategy.

Links:

Discussed:

Where We Are:

Johnny FD - Chiang Mai, Thailand
Sam Marks - Ko Samui, Thailand
John Thomas - San Francisco, California

Time Stamps

00:39 - Monsoon season in southern Thailand
07:08 - First investment Johns ever made in his life
08:34 - Common errors and mistakes
10:49 - Making 30-40x your investment
11:47 - “Every year we get one guy... who brings in 1000% return” - @MadHedgFndTradr
12:36 - Following the trade alerts with little experience
18:28 - Favorite trading platforms
19:04 - Tricks, tips, and market trends
21:48 - Passive vs active investing
22:35 - “People are about to have a harsh awakening on the passive investing front” - @MadHedgFndTradr
22:50 - General investing principals to live by
23:48 - Traveling the world for success
33:16 - Compounding 35% interest over 8 years
36:15 - Passive vs active investing

If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

109: Why Modern Portfolio Theory Fails Investors with Daniel Peris Nov 11, 2018

Show notes

DANIEL PERIS, Ph.D., CFA, is Senior Vice President and Senior Portfolio Manager at Federated Investors, Inc., in Pittsburgh where he oversees $20 billion dollars in equity portfolios the firm's dividend-oriented funds.

Before transitioning into asset management, Peris was a historian focuses on modern Russian history. He is the author of two prior books in investing, The Strategic Dividend Investor, and The Dividend Imperative, and the new book Back to Business.

During this episode, Daniel will talk about how you can bring some common sense back to your investing. He’ll speak on some old strategies that just don’t work anymore including why Modern Portfolio theory may not be the answer. Expect to learn how to achieve higher yields including tips to managing your Index funds, Mutual funds, and SMAs. Find out if you really need a financial advisor to get the most out of your investing and how to choose one properly.

Listen to the end for insight into Sam Marks and Johnny FDs percent earnings and thought on incorporating this concept into their portfolio.

Where are we:

Johnny FD & Sam Marks: Chiang Mai, Thailand
Daniel Peris - Pittsburg, Pennslyvania

Links:

Book:

Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio

Time Stamps:
06:06 - Managing $20 billion in equity portfolios
07:45 - Being interested in modern portfolio theory
11:01 - Modern Portfolio Theory vs Efficient Market Theory
16:41 - “You don’t have to believe in mean-variance optimization, Modern Portfolio Theory, to want to be a passive investor” - Daniel Peris
19:45 - Is the Modern Portfolio Theory failing investors?
20:33 - “This idea of mean-variance optimization simply doesn’t make sense in modern investing anymore” - Daniel Peris
25:26 - Achieving higher yield
33:08 - Managing your Index funds, Mutual funds, and SMAs
36:55 - Dividend investing and tax bracket benefits
38:44 - Do you need a financial advisor to get high yields?
48:55 - “At the end of the day what really matters… is trust” - Daniel Peris
53:29 - Mutual funds to highlight
56:50 - The superior open approach 50 years from now
01:00:52 - Cashing out your dividends & calculating earnings

Keywords:

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108: Money2020 Conference Takeaways with Paytient Founder Brian Whorley Oct 31, 2018

Show notes

Explore the future of money with Sam Marks and Brian Whorley, found of Paytient, an innovative startup that is improving access to affordable healthcare.

The Money2020 Conference is where leaders, innovators, and disruptors unite to drive change and revolutionize the future of money. It’s a 4-day experience that facilitates the right conversations and insightful learnings, leaving you inspired and equipped to reach your goals.

Although tickets could have been up to $5,000 you’ll gain insights from Sam and Brians perspective on the ways our market is revolutionizing the future of money. Expect to hear key takeaways of their experience from JP Morgan’s after part to conversations with super high-level thought leaders. Listen to the end for ways to cover unplanned out-of-pocket healthcare expenses.

Where we are:

Johnny FD: Bali, Indonesia
Sam Marks: San Diego, California

Discussed:

Recommended:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
ArtofFX – Start with just a $25,000 account
RealtyShares – Try it free
Wealthfront – Get your first $15,000 managed free
Betterment – Get up to 1 year managed free
PeerStreet – Get a 1% yield bump on your first loan
Traveling Mailbox – Get 5% off subscriptions with ‘ILAB’ promo code

Time Stamps:

00:38 - Recharging your battery and resetting your life
08:40 - The worst conference Sam has ever been to
11:39 - JP Morgan’s after party + MORE
17:23 - Las Vegas people, landscape, and experience
20:23 - How to get the most out of a conference
22:00 - Bitcoin Miami & Money 20/20 takeaways
23:54 - “People consuming financial services in a healthy way are better customers” - Brian Whorley
26:04 - Understanding Fin Tech and bank announcements
32:21 - Virtual card use cases
38:50 - The payment race across the USA
45:17 - Terrible Miami Dade weed gummy experience
47:21 - Alarming statistics about US healthcare ‘system’
55:45 - Paytient’s 30-second elevator pitch
01:06:41 - Tony Robbins Date with Destiny Conference
01:08:46 - Las Vegas conference and environment experience
01:13:22 - iTunes review

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

107: 2018 Q3 Updates – The Downturn Oct 22, 2018

Show notes

Sam Marks & Johnny FD are back for another quarterly update on their finances, investments, and personal portfolio.

During the episode, co-hosts Sam & Johnny talk about the downturn of this quarter in the stock market and the implications it brings. They gave comments on each investment they ventured in that has been significantly affected by this fall. Also, they share their new investments for this quarter and their plans for the upcoming one.

Where we are:

Sam - South Carolina
Johnny - Chiang Mai

Recommended:

Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
ArtofFX – start with just a $25,000 account
RealtyShares – try it free
Wealthfront – get your first $15,000 managed free
Betterment – get up to 1 year managed free
PeerStreet – get a 1% yield bump on your first loan
Traveling Mailbox – get 5% off subscriptions with ‘ILAB’ promo code

Time Stamps:

07:06 – The downturn of cryptocurrency
08:00 – Oil, Gold, or Bitcoin?
13:19 – Their investments in crypto
14:24 – Significant downfall in the stock market
16:05 – Review on ArtofFX
18:05 – Upsides of PeerStreet
22:59 – Why invest in Fundrise?
26:21 – New Investments this Quarter
32:16 – Life’s Goals
43:59 – Sam’s new Dropshipping Store
47:40 – Recap for the Quarter
56:29 – Plans for the upcoming Quarter

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

106: How to Build and Profit from a Self-Storage Facility with Kevin She Oct 12, 2018

Show notes

Kevin She is the owner of SC Storage, Hong Kong's leading low-cost self-storage provider with over 60 convenient locations in Hong Kong and Macau, and more than 18,000 self-storage units. He started his self-storage business 18 years ago and has consistently grown in locations and customers. When it comes to self-storage, he is the king!

On this episode, Kevin reveals the step-by-step process of setting up a self-storage facility - from choosing the location to promoting the business. He explains the fundamentals of self-storage and why it is a perfect real estate investment scheme. This discussion teaches entrepreneurs some tips and strategies on how to build a million dollar business, self-storage or not.

Where we are:

Johnny - Chiang Mai
Sam & Kevin - Iceland

Links:

Scstorage.com
Sam's IG - Instagram.com/imsammarks
Pro pics in Iceland, Contact Michelle Pederson @ Michellepedersonphoto.com

Recommended:

ArtofFX – start with just a $10,000 account (reduced from $25,000)
Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
RealtyShares – try it free
Wealthfront – get your first $15,000 managed free
Betterment – get up to 1 year managed free
PeerStreet – get a 1% yield bump on your first loan
Traveling Mailbox - get 5% off subscriptions with 'ILAB' promo code

Time Stamps:

13:24 – Kevin She’s Background
13:54 – The Process of Setting up Self-storage
17:01 – The Building Formula
21:06 – The Renovation Process
23:20 – Real Estate Hack
25:20 – System Input & Customer Access
31:52 – Marketing Strategies to fill-up these Storages
36:53 – Cap Rates for Self-storage
38:34 – Self-storage business competitions
40:04 – Billing defaults & late fees
44:57 – Possible disruptions on self-storage businesses
47:01 – When storage owners become unreachable
51:56 – Countries with good self-storage business potential
59:33 – Recession & Regulation risks

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

105: Cap Rates – Understanding Real Estate Yields and Valuations Oct 03, 2018

Show notes

Omar Khan is a real estate investor with over 10 years of global investment experience. He is one of the people behind Boardwalk Wealth, a private equity firm in Dallas, Texas which connects International investors with US-based multifamily real estate opportunities. He is responsible for capital raising, strategic planning, and investor relations. His vast knowledge in the real estate makes him the perfect person to discuss the fundamentals of cap rates.

On this episode, Omar provides a better understanding of what cap rates are for people who are not very familiar with the terminologies in the real estate industry. He explains how cap rates work and what external factors affect its value. He gives away tips and strategies on how to assess real estate yields in order to optimize investment returns. This episode helps you understand the value of the properties or assets you buy or sell.

Where we are:

Omar – Dallas, Texas
Sam – Athens, Greece
Johnny – Chiang Mai, Thailand

Links:

Time Stamps:

12:20 – What is a Cap Rate?
13:55 – Understanding Leverage
15:52 – Variables that affect the Cap Rates
16:32 – How to stabilize properties?
21:20 – Cap rates for different classes
27:45 – Balancing needs with income & capital appreciation
29:49 – Highest Cap Rates
36:10 – Cap rates in buying and selling assets
39:34 – How to find buyers easily?
41:58 – Risk Management during a recession
44:52 – Billion dollar properties
48:04 – Equity Multiple and Internal Rate of Return
51:40 – Their strategies on a possible recession
56:40 – Investment opportunities for individuals

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

104: AirBnB Rental Business, Listener Investing Questions Answered Sep 27, 2018

Show notes

Frank Valencia, Sr. Managing Partner, and Victor Sanchez, Operations Manager, are part of Bongo PM Team. Their company, Bongo PM, focuses on AirBnB Property Management for vacation and short-term rentals. Their mission is to find the best real estate services for people looking for a home to rent or a vacation property to stay.

This is a special episode where the guests answer the listeners’ questions from The Boss Lounge about short-term rentals. If you are a property owner or a traveler looking for a place to rent, this is a perfect episode to start your real estate journey. Frank and Victor explain what services their company provides and the fundamentals of short-term rentals. They will answer several questions that you yourself might be asking, including the best cities for property rentals, profitability, taxes, and income potential.

Where we are:

Johnny - Chiang Mai
Sam - Denmark

Links:

BongoPM.com

Discussed:

Time Stamps:

10:09 – The services that Bongo PM provides
13:30 – What people look for in the properties they rent
14:36 – Important factors to keep short-term rentals up and running
16:06 – Determining factor if the property is profitable
20:41 – Understanding the fundamentals of short term rentals
21:32 – Tip and tricks in entering this industry
24:07 – Limiting one's liabilities
24:49 – Finding properties for short term rentals
25:54 – Purchasing a profitable property
26:47 – Impact of hotel taxes
27:41 – How to persuade the property management to allow short term rentals
29:19 – Projecting future income potential
30:31 – Best cities with best rental yields
33:45 – Insurance
34:34 – Properties in New York

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

103: After the Big Exit - Investing Philosophy and Life Optimization with David Hauser Sep 17, 2018

Show notes

David Hauser is an entrepreneur and a speaker based in Las Vegas. He is the founder of Grasshopper, Chargify, and Angel Investor. Grasshopper is a virtual phone system company which was sold to Citrix for almost $175M. His passion in the business industry has led him to build more startups. This successful exit has led him to realize what he really cares about – and that is to inspire others.

On this episode, David shares his journey after selling the company that he built and managed for over 12 years. He reveals the emotional struggle he went through after his big exit and what he did with his money after that. David gives his perspective on what financial freedom means. He also shares his investment strategies including the investment platforms he ventured in. This conversation gives you several tips and advice on how to manage and grow your wealth.

Where we are:

Johnny – San Francisco, California
Sam – Tampa, Florida
David – Las Vegas

Links:

David's New Book - Evolvebook.com
Davidhauser.com

Discussed:

Time Stamps:

08:48 – The creation of Grasshopper.com
10:33 – His passion in becoming an entrepreneur
11:04 – Where and when did they build the company?
12:35 – The Company’s growth after the exit
13:25 – What came after the big exit?
16:44 – Diversifying his wealth and assets
20:40 – His strategy for managing his assets
23:31 – The value of investment advisors
26:50 – What is financial freedom for him?
29:05 – His engagements after the exit
30:58 – His new book
31:49 – The secret behind his productivity
33:46 – Life optimization
37:20 – His advice to help increase productivity

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

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