308: Carbon Index Investing with Kraneshares' Luke Oliver (Encore) Oct 24, 2024

An encore airing of our interview (ILAB 190) from summer 2021 with Kraneshares Managing Director Luke Oliver on the Gloabl Carbon Market and their fund $KRBN. Luke will be returning to ILAB soon for a follow up, so we thought it'd be good for you to get refreshed on this ESG investment idea, seeing as it's underperformed the last 18 months. Derek & Sam both personally hold $KRBN and we know a lot of our bosses out there bought in on this initial airing too so we look forward to Luke's return to the show.

Discussed:

Where we are:

Johnny FD – Kyiv, UA / IG @johnnyfdj
Sam Marks - Barcelona, ES / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

Robinhood
From October 16-27, 2024, when you transfer your IRAs, margin balances, or other brokerage accounts to Robinhood, there’s no limit to how much you can earn. Head to Robinhood.com/HoodWeek now to learn more.

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

01:12 - Derek Intro
03:07 - Interview Begins
24:20 - This Seems Too Good to Be True?
40:02 - Sam/Derek Recap
55:44 - Sam & Derek Both Bought KRBN

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

307: When Lifestyle Creep Catches Up to You Oct 17, 2024

After speaking about expenses being harder to cover lately, Derek decides to share his daily spending breakdown. Him and Johnny go over the categories and both realize that lifestyle creep is reality now for both of them. They discuss ideas to save money, what things they can slim down and what they may need to cut out all together. With everything getting more expensive and wages not keeping up, this episode is sure to relate to many others out there.

Discussed:

Where we are:

Johnny FD – Kyiv, UA / IG @johnnyfdj
Sam Marks - Barcelona, ES / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

Shopify
Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Johnny/Derek Intro
14:52 - Gas/Auto Expenses
18:22 - Our Heads Are in Prices 10 Years Ago
22:27 - Should Derek Leave California?
34:55 - Why Johnny Likes Cheap Places

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

306: Q3 2024 Quarterly Update Oct 10, 2024

Sam, Johnny & Derek all get together for our quarterly update! Lots of things happened in the last 3 months, Sam became a forest monk and tried Ayahuasca, Derek and Johnny met up in Argentina and much more! Lots of health and wellness talk this go around with a little investing as well. This is the preview free version, to unlock the full Patreon only version which is nearly two hours long you must sign up as an ILAB Patreon member - plans start for as low as $5/month and you'll get instant access to the full episode and hundreds of other posts from the guys and a link into the boss community. Thanks for supporting the show so we can continue to make more episodes!

Discussed:

Where we are:

Johnny FD – Kyiv, UA / IG @johnnyfdj
Sam Marks - Barcelona, ES / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

Robinhood
Starting October 16th, when you transfer your IRAs, margin balances, or other brokerage accounts to Robinhood, there’s no limit to how much you can earn. Head to Robinhood.com/HoodWeek now to learn more.

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

01:18 - Sam/Johnny/Derek Intro
11:09 - Buenos Aires Recap
18:16 - Ayahuasca Experience
27:56 - Johnny's Missed Flight
31:39 - Sam's Letter to the SEC

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

305: The Economic and Lifestyle Value of Buenos Aires Oct 03, 2024

Johnny and Derek just so happened to both be in Buenos Aires at the same time so they had to do an episode together! We split this into two halves, the first being just hours after Derek landed and then we pick up 2 weeks later when both had time to explore and reflect on the city. They go over the value of every day living in Buenos Aires - food, drink, housing, transportation and more. Plus they cover some of the downsides of the economy and this area of the World.

Discussed:

Where we are:

Johnny FD – Buenos Aires, AR / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Buenos Aires, AR / IG @DerekRadio

Sponsor:

Shopify
Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:21 - Johnny/Derek Part 1
12:56 - How to Get the Best Possible Exchange Rate
20:21 - Part 2 after Buenos Aires
43:45 - How Safe is BA?
49:15 - Would You Go Back to Visit?

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

304: Christian Angermayer on Making Psychedelics Legal, Effective & Profitable Sep 20, 2024

ATAI Life Sciences & Compass Pathways Co-Founder Christian Angermayer joins the show to talk about the roadblocks to getting psychedelics legal in the US and the best way to effectively treat mental health with them. Christian has been making waves recently after appearing on Joe Rogan, and has the backing of Peter Thiel. We've been talking alot about the potential of psychedelics in the past year, and after the FDA's recent disappointing decision... Christian tells us why it may not be all bad news. Sam handles the interview with Christian and then Derek hops in with Sam to talk about their interest in this investment.

The views and opinions expressed by Christian Angermayer in this episode are his own and do not necessarily represent those of atai Life Sciences.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

Shopify
Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:21 - Sam/Derek Intro
06:09 - Interview with Christian Begins
32:00 - Why FDA Approval is Taking So Long
57:07 - The State of Psychedelic Stocks
01:08:13 - Sam/Derek Outro - Would They Invest

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

303: Why $100K is Key to Becoming a Millionaire Sep 05, 2024

Johnny and Derek break down the power of compound interest in this back to basics reminder episode. They cover why getting to $100K in investments is a huge milestone in the path to becoming a millionaire. They give real life examples of how fast your wealth can grow when you stay focused and don't pull out your investments on frivolous expenses. Share this episode with someone that is just starting out their investment journey or could use a push to start!

Discussed:

Compound Interest Calculator

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

Shopify
Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

02:45 - Why $100K is So Important
07:40 - Charlie Munger's Model to Get $100K
11:52 - How Fast $1K a Month Becomes $1M
21:20 - The Argument to Spend Your Money vs. Save

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

302: Investing in the Mind with Kadam Morten Aug 08, 2024

While not a traditional money investment, we focus on what may be the most important investment tool you have - your mind! Sam's Kadampa (Tibetan Buddhism) mentor and U.S. National Spiritual Director for the Kadampa Meditation Center. They discuss multiple topics including mindset, happiness, disposition and how to find peace and love in your mind. Then Sam and Derek talk how this relates to their current states in life and discuss how you can take advantage of this practice as well.

About Kadam Morten: Kadam Morten Clausen is the U.S. National Spiritual Director and a senior disciple of renowned teacher and author Venerable Geshe Kelsang Gyato. He has been teaching Buddhism for over 25 years and is a clear, humorous, and compelling speaker. He is also the resident teacher at Kadampa Meditation Center in New York City.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Chiang Mai, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

Shopify
Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:28 - Sam & Derek Intro
10:47 - Interview with Kadam Morten Begins
25:05 - Changing Your Views Toward Others
52:40 - Will the World Around You Change Along with Your Mind?
01:03:55 - Sam & Derek Outro

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

301: From Bald and Bankrupt to Bald and Banked Up Jul 25, 2024

Our guest this episode is the notorious Mr. Bald from Bald and Bankrupt on YouTube! He's amassed over 4 million subscribers and embarked on many dangerous journies and documented travels to places few have gone to visit. These risks have paid off as Bald actually filed for bankruptcy in the UK before he began filming but is now a certified millionaire thanks to his YouTube channel. Find out how he finally put these funds to use after having them just sit in a zero interest bank account for years.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:33 - Johnny & Derek Intro
05:57 - Interview with Bald Begins
17:40 - Bald's YouTube Strategy
23:30 - When Bald Found Out He's A Millionaire
32:35 - Where Bald Invests His Money
52:12 - Johnny & Derek Outro

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

300: Celebrating 300 Episodes & Quarterly Update Q2 2024 Jul 11, 2024

We made it to 300 episodes! Sam, Johnny & Derek are all on board for this special episode looking back at 300 episodes and 8 years of Invest Like a Boss. The guys answer listener questions, remininisce on past guests, and discuss the state of the show. This is the public portion of the episode, if you'd like the full version (with video)... you must be an ILAB Patreon member. In the Patreon portion, all 3 hosts also disclose financials and share screenshots of their personal accounts plus what money moves they are making. Here's to 300 more!

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

- Shopify
  Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab
- ILAB Patreon
  Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss
Time Stamp:
- 00:26 - Sam, Johnny & Derek Intro
- 07:54 - Listener Questions Begin
- 13:02 - Why Sam Chose Barcelona to Live
- 28:30 - ILAB Guest Hall of Fame & Shame
- 39:31 - Lessons We've Learned from Doing ILAB
- 46:10 - How We'd Each Spend $1 Billion
If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

299: Merger Arbitrage Opportunities & Matterport Acquisition Jun 20, 2024

In this episode, we are discussing merger arbitrage opportunities, specifically on a stock that Sam & Derek personally own. We've been talking about Matterport since the metaverse series in 2021, and finally the stock had some life pumped back into it after a takeover offer from CoStar Group in April. Is this a good opportunity to jump in on the deal? We discuss with guest Collin Brantmeyer from the Motely Fool. Then Sam and Derek put in place plans on how they'll try and take advantage of this potential win from a stock that's been a major dog in the portfolio.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Barcelona, Spain / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

- Shopify
  Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab
- ILAB Patreon
  Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss
Time Stamp:
- 00:20 - Sam & Derek Intro
- 07:50 - Interview with Collin Begins
- 15:14 - Structure of the Matterport Deal
- 20:30 - Merger Tax Implications for the Investor
- 38:50 - How Sam & Derek will move on Matterport
If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

298: What is the S&P 500? A Complete Review Jun 06, 2024

Kicking it back to basics for this episode, Sam and Derek do a complete review of the S&P 500. What is it, how did it began, how has it historically tracked, and how do you invest in it. The guys go over all these points and gameplan how they'll further invest in the index going further.

Discussed:

ILAB 25: Paul Merriman on Investment Decisions That Will Change Your Financial Future
S&P 500 Historical Returns
Index Funds Mentioned:
$VTI Vanguard Total Index
$VOO Vanguard S&P 500 Index
$SPY SPDR S&P 500 Chart
$SWPPX Schwab S&P 500 Index
$FNILX Fidelity Zero Large Cap Index

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Barcelona, Spain / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

03:13 - What is the S&P 500?
14:20 - Largest Companies in the S&P
22:09 - S&P Sector Breakdown
45:30 - Dividends in the S&P
50:00 - Low Fee S&P Index Funds

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

297: Investing in Whisky with London Cask Traders May 23, 2024

Our first episode ever on the topic of whisk(e)y features guest Oliver Court, Managing Director of London Cask Traders. There are many parallels to our previous episodes on investing in wine and we find out how it differs in the spirits space. After the interview, Derek and Johnny discuss why they think whisky may be the better investment choice of the two.

Discussed:

London Cask Traders official site
Email Oliver Court at Oliver@londoncasktraders.com and mention ILAB for $250 off your first cask investment
Rare Whisky 101 Index
Sour Grapes Documentary
Oliver's Whisky Picks:
Bargain: Achentaschen 3 Wood ($60-80)
Elite: Macallan Quest ($300-500)

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

Shopify
Sign up for a $1 per month trial period at Shopify.com/ilab
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:21 - Derek/Johnny Intro
04:56 - Interview with Oliver Begins
24:23 - Where is the Whisky Stored?
34:04 - What are the fees?
42:03 - Johnny/Derek Discuss Whisky Advantages

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

296: Side Hustles 101 - Mastering the Driver Apps May 09, 2024

Derek and Johnny kick off the first in a series of side hustle episodes to help you earn quick cash to invest or just pay the bills! The guys start out with the easiest way to get started with a side hustle - the driver apps. Almost every country in the World has apps that let you drive people, food or other items and also have a low barrier to entry. Derek and Johnny go over the best tips to help you maximize earnings on these platforms and help you make some extra income fast!

Discussed:

Where we are:

Johnny FD – Athens, Greece / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

01:50 - Derek/Johnny Intro
05:52 - Derek's Experience Using Apps
14:24 - What You Need to Start
25:14 - Who Tips Best?
39:20 - Future Side Hustle Topics

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

295: Q1 2024 Quarterly Update Apr 25, 2024

Quarterly Update time! Sam and Johnny sit down to talk about what they've been up to the last 3 months and what's the plan for the next 3. Johnny talks visiting family, being in the worst shape of his life while on the opposite end Sam discusses living essentially alone but in the best shape of his life. Afterwards, the guys go Patreon only for financial updates, portfolio shares and Derek even gives life updates on his Patreon exclusive as well. Sign up for ILAB Patreon now for as low as $5/month to get full access to the entire queartely update and so much more!

Discussed:

Where we are:

Johnny FD – Athens, Greece / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

01:25 - Sam/Johnny Intro
08:32 - Johnny's Travel Plans
19:15 - Sam's Travel Plans
21:40 - Sam's Enlightenment
34:06 - Sneak Peek into Patreon Discussion

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

294: Matthew 'Whiz' Buckley on Flying in Top Gun, Trading Options & Taking Psychedelics Apr 11, 2024

Matthew 'Whiz' Buckley of Top Gun Options & No Fallen Heroes Foundation speaks with Sam about his many interesting lives! Buckley served in the U.S. Navy's elite "Top Gun" flight program (including on 9/11), then left the military to work in the financial markets. He really found his niche in options and made enough in the 2020 downturn to be independently wealthy. Around the same time as finding financial success, Matthew also discovered the healing power of psychedelics and their potential to help struggling first responders - this gave way to his No Fallen Heroes Foundation. Enjoy this interesting conversation on flying, drugs and trading options! Afterwards, Sam & Derek opine on why they haven't dug into options trading until just now thanks to a nudge from Buckley.
About Matthew 'Whiz' Buckley: Decorated F/A-18 Hornet fighter pilot, TOPGUN Graduate, and Wall Street CEO. He’s taking his experience going supersonic and applying it to Options Trading.
Wall Street CEO Served as the Managing Director of Strategy for a multi billion dollar volatility arbitrage firm and later became the CEO of a financial media company that rivaled CNBC Decorated F/A-18 Hornet fighter pilot, Graduate of the Navy Fighter Weapons School (TOPGUN).

Served during Operations Southern Watch, Noble Eagle, and Enduring Freedom, flying combat sorties over Iraq from USS Abraham Lincoln and USS Kitty Hawk. Founder of the No Fallen Heroes Foundation Whiz works with Veterans and First Responders to help them find healing with Psychedelic and entheogenic medicine.

Discussed:

Psychedelic Stocks mentioned: MindMed $MNMD, Cybin $CYBN, Atai Life Sciences $ATAI, Compass Pathways $CMPS, Advisorshares Pyschedelics ETF $PSIL
Top Gun Options Starter Course
No Fallen Heroes Foundation
ILAB 64: Trading Options Full-Time with Kirk Du Plessis

Where we are:

Johnny FD – Bangkok, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Sam/Derek Intro
04:47 - Interview with Buckley Begins
16:00 - Why Trade Options?
31:04 - The Impact of Psychedelics
52:00 - Companies to Trade in Psychedelics
58:25 - Sam/Derek Recap & Talk Getting into Options

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

293: Building a Dream Charity in Bali | Peduli Learning Center Mar 28, 2024

Sam interviews Mazi Sadri & Dedy Tein, co-founders of the Peduli Learning Center in Bali, Indonesia. They discuss how they were able to secure land and build a supplemental school from the ground up at a surprisingly affordable cost. Mazi & Dedy break down costs to build, sustain and how they plan to expand into the future with this noble cause. Johnny joins Sam in the outro to discuss Peduli and other charitable efforts plus we draw winners for our March book giveaway!
About Mazi Sadri:
Spanning a career in Consumer & Enterprise Technology Product Management for 20+ years, Mazi has worked with many startups to large scale organizations leading product development, fundraising & startup architecture. After seeing an opportunity in bringing the same skills in Education he partnered with Dedy to bring the vision of an educational program bringing similar opportunities to the community he now calls home.
About Dedy Tien: Growing up in a remote area in Indonesia, unable to read or write, he was taught English by caring strangers. This skill opened up opportunities for him to live and work in Australia. Eventually, he wrote multiple books, started a real estate business, and dedicated his life to giving back through Peduli.

Discussed:

Where we are:

Johnny FD – Bangkok, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Sam/Johnny Intro
05:47 - Interview with Peduli Begins
14:47 - What Does the School Look Like?
20:03 - Cost Breakdown of Running the School
26:29 - Why Not Use All Volunteers?
48:29 - Sam/Johnny Recap & Book Drawing

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

292: Using A.I. To Manage Traffic with Parquery CEO Andrea Fossati Mar 14, 2024

There's a lot of buzz around A.I. and what the future holds... but what about its potential to change today's problems? All of us deal with traffic in our cars and there are A.I. systems already in place around the World helping to solve this issue. One such company is Switzerland based Parquery. Johnny speaks with CEO & Co-Founder Andrea Fossati to find out how they're able to help better control the flow of traffic both at intersections and in parking management. Then Johnny and Derek reflect on the good and bad traffic systems they've encountered around the world and how they'd execute Parquery's technology to optimize profitability.
About Andrea Fossati: Andrea Fossati co-founded Parquery in 2014 as a spin-off from ETHZ (Swiss Federal Institute of Technology of Zurich) and is currently its CEO. Parquery launched the first video-based Smart Parking Project in 2015 and is currently running 100+ Smart Parking and Mobility projects worldwide. Andrea Fossati received a Master of Science in Computer Engineering from Politecnico di Milano in 2005 and a Master of Science from the University of Illinois in Chicago in 2006. He completed his PhD at the Computer Vision Laboratory (CVLab) at the Swiss Federal Institute of Technology of Lausanne (EPFL). Since 2010, he has been working as a postdoctoral scientist at the Swiss Federal Institute of Technology of Zurich (ETHZ), where he has conducted research in various computer vision sectors and co-edited the book "Consumer Depth Cameras for Computer Vision", which was published by Springer in 2012.

Discussed:

Where we are:

Johnny FD – Pattaya, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Derek/Johnny Intro
05:03 - Interview with Andrea Begins
20:39 - Obstacles to Implementing A.I. Cameras
26:45 - Was this technology around before the A.I. hype?
31:46 - Derek/Johnny Recap What Traffic Problems They've Seen

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

291: Stem Cell Therapy and Alternative Healthcare Feb 29, 2024

This episode may not be a financial investment for your wealth, but one for your health - which is arguably even more important! After Sam tried stem cell therapy for the first time on his knee, we decided to have an expert on the show to talk about this exciting alternative to traditional healthcare. Ryan Alling is the Co-Founder of Luxury Stem Cells, which specializes in catering to American patients and provided various stem cell treatments at their clinic just over the border in Tijuana, Mexico. Ryan and Sam talk about the many benefits of stem cells and struggles to bring them to the mainstream in the United States. Then, Johnny jumps in with Sam to talk about their personal experiences with stem cells and whether they'd want to try them in the future.

Discussed:

Where we are:

Johnny FD – Jomtien, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Sam/Johnny Intro
05:16 - Interview with Ryan Begins
20:53 - Different Types of Stem Cells
36:09 - What are Peptides?
01:01:22 - Sam/Johnny Recap Sam's Stem Cell Experience

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

290: Generate Higher Passive Returns Selling Shareholder Voting Rights Feb 15, 2024

We dig into a new platform called Shareholder Vote Exchange (SVE) to unlock value in proxies you are issued for each individual stock you own. As far as we know, SVE is the first of its kind to take on this concept at scale, and this could be an easy passive way to earn extra returns on assets you already own! Derek interviews SVE Founder & CEO Preston Yadegar to find out how it all works and how the company can convert your unused votes into additional revenue. Then Sam and Derek convene on the concept and potential of this, plus throw in a little talk about wine as well (of course!).

Discussed:

ILAB Listener Exclusive Offer - Receive 30 Days Commission Free Trading on Shareholder Vote Exchange
Email Preston Directly at preston@svegroup.com
Follow SVE on Twitter/X

Where we are:

Johnny FD – Jomtien, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Sam/Derek Intro
10:17 - Interview with Preston Begins
17:35 - Can You Buy Your Way Onto a Corporate Board?
25:38 - How the SVE Platform Works
40:08 - Sam/Derek Thoughts on SVE & Voting Rights

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

289: What's Your Retirement Number? Plus 4 Ways to Spend It Down Feb 01, 2024

Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a Patreon HERE & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working. Discussed:

Where we are:

Johnny FD – Jomtien, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Sam/Johnny/Derek Intro
03:15 - Dave Ramsey 4% Rant
12:41 - $500K-$20M Retirement Income Breakdowns
32:00 - Jared Dillian's Rant on Consumption Being Good
50:09 - Why Millions May Not Go As Far As You Think

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

288: Dave Ramsey Personality George Kamel on Breaking Free from Broke Jan 18, 2024

George Kamel is the 3rd Dave Ramsey Personality (links to previous below) to join Invest Like a Boss and he has a new book out titled Breaking Free from Broke: The Ultimate Guide to More Money and Less Stress. This interview was recorded in November 2023 and was held until the book came out (this week!). George goes over basic debt avoidance principals and all the money traps designed to keep people broke and how to avoid them. Soon after the interview, there was controversy about a video George made about the 4% rule that went against a Ramsey principal... Johnny and Derek address that in the outro.

About George Kamel: George Kamel is a Ramsey Personality and personal finance expert. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. Since 2013, he has served on the Ramsey team, speaking across the country, co-hosting top-ranked Ramsey Network podcasts, like Smart Money Happy Hour and The Ramsey Show. On his YouTube channel, George educates and entertains, exposing the financial system designed to keep you broke. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom. Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine/Jomtein, Thailand / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Derek/Johnny Intro
05:40 - George Kamel Interview Begins
20:50 - Why Credit Cards are Bad
42:45 - Outro/Viral Moment of Dave Ramsey Getting Mad at George Kamel

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

287: Jared Dillian on How to Live a Stress-Free Financial Life Jan 11, 2024

A bit of a format flip on this episode as Sam and Derek tag team an interview with Jared Dillian, author of the new book No Worries: How to Live a Stress-Free Financial Life. Jared has had quite an interesting background from working at Lehman Brothers during their 2008 collapse to building a successful financial newsletter and podcast. The first half of the episode digs into Jared's thought on the current state of the economny, the effect of an inverted yield curve and his thoughts on the FIRE movement. We then jump into the principles discussed in the book for the second half of the episode.
About Jared Dillian: Jared Dillian is the editor of The Daily Dirtnap, a daily market newsletter for investment professionals, continuously published since 2008. He graduated from the United States Coast Guard Academy in 1996 with a B.S. in Mathematics and Computer Science, from the University of San Francisco in 2001 with a Masters in Business Administration, concentration in Finance, and from the Savannah College of Art and Design in 2023 with a Masters in Fine Arts in Writing. Jared worked for a small floor market maker on the Pacific Options Exchange from 1999-2000, and was a trader for Lehman Brothers from 2001 to 2008, specializing in index arbitrage and ETF trading. He is also the author of STREET FREAK: Money And Madness At Lehman Brothers, which was named Businessweek’s #1 general business book of 2011, and the novel ALL THE EVIL OF THIS WORLD, published in 2016, THOSE BASTARDS: 69 Essays on Life, Creativity, and Meaning, published in 2023, and NO WORRIES: How To Live a Stress Free Financial Life, to be published in 2024. Additionally, Jared is an adjunct professor in the business program at Coastal Carolina University. Jared is also an investment strategist at Mauldin Economics, and previously contributed to Bloomberg Opinion, Forbes and TheStreet.com. His media appearances include MSNBC, Fox Business, Bloomberg TV, BNN, The New York Times, LA Times, Business Insider, Marketwatch, Yahoo! Finance, and dozens of local and syndicated radio programs. He is also the host of The Jared Dillian Show, a nationally syndicated radio show on personal finance. In his spare time, Jared is a progressive house DJ and speaks frequently on mental health issues at financial institutions. Discussed:

Where we are:

Johnny FD – Chiang Mai, Thailand / IG @johnnyfdj
Sam Marks - South Carolina, US / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:30 - Interview with Jared Dillian Begins
05:16 - What's An Inverted Yield Curve?
14:50 - Jared's Thoughts on the FIRE Movement
17:42 - Key Points of the Book
34:34 - Sam & Derek Wrap Up & Recap

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

286: Q4 2023 Quarterly Update Jan 09, 2024

It's quarterly update time & the end of another year. Johnny has left Ukraine and Sam is back in the U.S. for the holidays. Sam shares what he's been up to during his "zen" sabbatical, Johnny finds a new routine in Thailand, and the guys discuss their 2024 travel plans. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss.

Discussed:

Where we are:

Johnny FD – Chiang Mai, Thailand / IG @johnnyfdj
Sam Marks - South Carolina, US / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

00:20 - Johnny & Sam Catch Up/NYE Plans
07:15 - State of the World thru the eyes of Sam & Johnny
17:04 - 2024 Travel Plans
21:18 - Sam's new daily zen routine

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

285: Russia-Ukraine War Economics with Jake Broe Dec 07, 2023

As the deadline looms for the United States to decide on continuing to fund Ukraine in their ongoing war with Russia, Johnny reached out to a fellow YouTuber who specializes in the war. Jake Broe has amassed nearly a half million YouTube subscribers due to his reports on what's happening with the war. Jake joins Johnny for an in-depth conversation on the effects of the United States funding the war and what would happen if funding was cut off. Then Derek and Johnny circle back with their thoughts and discuss Johnny's venture out of Ukraine for the winter.

Discussed:

Where we are:

Johnny FD – Kharkiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

MasterClass
Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

02:23 - Johnny & Derek Intro
06:30 - Jake Broe Interview Begins
15:40 - How Funds are Disbursed to Ukraine
26:29 - What Would Happen if the U.S. Became Isolationists?
50:21 - Johnny and Derek Discuss Interview

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

284: Escaping Inflation Through Location Arbitrage Nov 16, 2023

Johnny and Derek discuss one of the best strategies to escape inflation: Location Arbitrage. For those of you that can work remotely or do not need to work, living in a cheaper place is the easiest way to get the most bang for your buck. Johnny explains where he has decided to spend the winter at and they compare prices to where Derek is at in Los Angeles, a notoriously expensive place to live.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

MasterClass
Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

02:32 - Johnny & Derek Intro
12:20 - $16 Big Mac Controversy
17:15 - Big Mac Index
20:10 - Cost of Living Resources
32:44 - Why is Thailand Still Cheap?

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

283: Are Vacation Homes Worth the Hassle? Oct 26, 2023

Inspired by a topic that came up in last week's Quarterly Update (ILAB 282) Johnny and Sam go over the actual costs of owning a vacation home versus staying in hotels on vacation. Sam uses his real life examples he personally owns in Thailand and the United States for the cost basis. Results may surprise you on the costs of these properties versus what you could be spending that same amount on in going on vacations around the World! Discussed: ILAB Episode 282: Q3 2023 Quarterly Update Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: WebStreet (Formerly Empire Flippers)WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 01:40 - Sam & Johnny Intro/Catchup 12:00 - Sam's Thailand Vacation Home Costs 23:23 - Sam's U.S. Vacation Home Costs 36:39 - Benefits to Owning a Vacation Home If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.

282: Q3 2023 Quarterly Updates Oct 19, 2023

It's quarterly update time with Sam and Johnny catching up about what life has looked like the last 3 months. The guys both share they've become more introverted and lost their hunger to make more money. They also discuss bad flights, point hacking and how Thailand is changing for the worse. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

MasterClass
Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
WebStreet (Formerly Empire Flippers)
WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

02:34 - Johnny & Sam Catch Up/Feeling Introverted
23:45 - Bad Flight Issues
36:33 - Why the Guys are in Chiang Mai Less These Days
50:30 - Sam's Issue with Credit Card Points Hacking

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

281: Black Hops CEO Nathan Hyde Talks Australian Beer Business Oct 12, 2023

Derek goes live on location in Australia to interview Black Hops Brewery CEO Nathan Hyde on the challenges of the Australian beer industry. ILAB Bosses may remember that Sam Marks was an early investor in Black Hops (ILAB Episode 06: Invest in Yourself and Startup an Award Winning Brewery) and the company has faced some financial issues as of late. Nathan was brought in earlier this year to help them turn around. Derek and Nathan talk Australian government interference, getting Gen Z into beer, drinking culture and expansion into new markets. Then Sam and Derek give their thoughts on the Australian beer scene and what they think of the current state of Black Hops.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks – South Carolina / IG @sammarks12
Derek – Gold Coast, QLD Australia / IG @DerekRadio

Sponsor:

MasterClass
Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
WebStreet (Formerly Empire Flippers)
WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

- - 02:34 - Sam & Derek Intro/Catchup
  - 10:06 - Interview with Nathan Hyde Begins
  - 29:40 - Why Nathan Was Brought in as CEO
  - 52:12 - Derek and Sam Recap Australia and Take on Black Hops

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

280: Assets vs. Liabilities Oct 05, 2023

After seeing a video online featuring rapper The Game, Johnny and Derek discuss what many assume to be assets, actually turn into liabilities. They talk real estate, cars, clothing, jewelry collectibles and more.... you might be surprised at what items are actually liabilities!

Discussed:

Where we are:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj

Sam Marks – Bangkok / IG @sammarks12

Derek – Los Angeles / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

- - 02:51 - The Game Clip on His Net Worth
  - 09:15 - Is Your Home an Asset?
  - 17:40 - What's a Bust Down Rolex?
  - 24:23 - Is Your Car an Asset?

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

279: How Johnny FD Turned YouTube into a Full-Time Income Source Aug 24, 2023

Johnny and Derek discuss the challenges with trying to earn income off of creating YouTube videos. Johnny has estabilshed a large chanell and been able to turn that into a full-time income while Derek is still struggling to grow his channel and monetize. Johnny discusses his strategy, shooting style, schedule and how much he makes per video in this episode. Learn how you can potentially earn a lot of money by becoming a content creator on YouTube!

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine/ IG @johnnyfdj
Sam Marks – Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

Masterworks
Skip the waitlist and join the tens of thousands of investors who have purchased shares of fine art now at Masterworks.art/ILAB
ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:40 - How Johnny Started YouTube
09:35 - How the YouTube Algorithm Works
26:50 - Effect of Having a Big Channel Feature You
33:00 - How Much Johnny Earns Per Video
48:10 - Answering Patreon Questions

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

278: Q2 2023 Quarterly Update Aug 03, 2023

Midway through the year and time for another quarterly update! Johnny is in Ukraine and Sam is in Thailand for this one. The guys cover experiences living with monks, neighbor disputes, the best places in Thailand and answer your Patreon questions. In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest to capitalize on current high rates. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine/ IG @johnnyfdj
Sam Marks – Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:40 - Sam's Monk Experience
13:25 - Thailand Life
22:00 - Sam's bad Neighbor

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

**277: Invest Passively in Online Businesses with WebStreet (Formerly Empire Flippers Capital)** Jul 20, 2023
WebStreet Operations Manager Kyle Kuderewski joins the show to tell us about their transition from Empire Flippers Capital into WebStreet and what's coming up to invest in. As a reminder, Webstreet allows you to invest passively in online businesses, whether they be Fulfilled by Amazon (FBA), Content (Affiliate), Software as a Service (SaaS), Kindle Direct Publish (KDP) & more. The funds have been active since 2021 and have built up a solid track record so far. Sam handles the interview as they break down what's available in the upcoming round of funds and how you can invest in the business of WebStreet itself. Then Johnny joins in the end of the episode to share his personal results from investing with WebStreet and what he would choose as his next investment choice of funds within the platform.

**Discussed:**

Join the WebStreet Waitlist for Round 6

Learn the Story Behind WebStreet & How to Invest

Set Up a Meeting with a WebStreet Investment Advisor

ILAB 10: Empire Flippers first appearance on the show

ILAB 141: Empire Flippers Shares the State of Online Businesses

ILAB 170: Empire Flippers Announces Capital Division of First Funds

**Where we are:**

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj

Sam Marks – South Carolina/ IG @imsammarks

Derek – Los Angeles / IG @DerekRadio

**Sponsor:**

ILAB Patreon
Join the *Invest Like a Boss* Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

**Like these investments? Try them with these special ILAB links:**

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

**Time Stamp:**

04:40 - Interview with Kyle Begins

16:36 - WebStreet Performance So Far

37:50 - Fund Categories Available

42:30 - How to Invest in WebStreet Itself

53:07 - Johnny & Sam Follow Up

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

276: Timeshares 101 - How to Exit This Bad Travel Investment Jun 29, 2023

Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks – South Carolina/ IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.
Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Time Stamp:

05:59 - How Johnny Sold Timeshares
12:40 - Different Types of Timeshares
24:52 - Johnny's Family Member Bought a Timeshare
38:24 - How to Exit Your Timeshare

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

275: How to Maximize Your Savings Rate Jun 08, 2023

U.S. savings account interest rates are at decades long highs, so Sam and Johnny hop in on this 101 episode to help you find ways to maximize your savings rate of return. The guys go over High Yield Savings Accounts (HYSAs), treasury bonds, annuities, money market accounts & more creative ways to get those extra percentage points. They'll also discuss how much savings you should be holding in case of emergencies. They'll also go beyond the United States to help out with some options for our overseas listeners as well. Share this episode with your friends, you'd be surprised how many people do not having any or very little savings!

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks – South Carolina/ IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

Nom Nom
At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.
Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Time Stamp:

10:22 - Savings Best Practices
18:54 - Where to Put Your Savings
27:46 - US Treasury Bonds
32:45 - HYSA vs. Bonds
38:07 - Annuities

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

274: How To Spot & Avoid Ponzi Schemes with David M. Shapiro May 18, 2023

This is part two on financial fraud and ponzi schemes. Our previous episode (ILAB 273) featured the biggest ponzi schemes of all-time. Our guest, David M. Shapiro, comes on to help explain how to avoid being involved in a ponzi scheme and what signs to look out for. He also talks the government structure around going after these crimes and some of the newer tech driven financial crimes involving cryptocurrency, identity theft and more. Sam and Derek follow up with their thoughts on the interview and Sam tells us about a ponzi scheme he almost fell into in Thailand.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks – Barcelona, Spain / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

NetSuite
For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at Netsuite.com/ILAB.

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.
Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Time Stamp:

05:35 - Interview with David Shapiro Begins
13:47 - What are the new tech based crimes happening?
24:45 - Is Social Security a Ponzi Scheme?
27:54 - How the SEC Structure Works For Investigations
35:24 - What Government Agencies Have Have Roles in these crimes?
51:20 - Thailand Ponzi Scheme Sam Got Caught In

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

**273: The Biggest Ponzi Schemes of All-Time** May 11, 2023
After both watching the new Netflix docuseries on Bernie Madoff, Sam and Derek decide to dive deeper into the art of the Ponzi Scheme. They discuss how they came about and go over some of the biggest financial fraud cases in history. This is part one of a two episode run on financial fraud and ponzi schemes. ILAB 274 will feature an expert with tips on how to spot fraud in your investments.

**Discussed:**

Watch Madoff: Monster of Wall Street on Netflix

**Where we are:**

Johnny FD – Phuket, Thailand / IG @johnnyfdj

Sam Marks – Bangkok, Thailand / IG @imsammarks

Derek – Los Angeles / IG @DerekRadio

**Sponsor:**

Nom Nom
At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

**Like these investments? Try them with these special ILAB links:**

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

**Time Stamp:**

06:49 - What's Considered a Ponzi Scheme?

08:11 - Charles Ponzi

12:11 - Enron

20:15 - Tom Petters

27:54 - Allen Stanford

31:25 - Bernie Madoff

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

272: Two Year Status Update on Citizenship By Investment May 04, 2023

It's been two years since Sam (Spain) & Johnny (Ukraine) embarked on their citizenship by investment journies. Find out where they each stand with respect to what they had to go through to qualify, get residency, and what their next options are. They'll go over hidden filing expenses, ongoing costs, and unexpected things that came up along the way that the citizenship sites don't tell. The guys will also go over why the programs they chose may not have been the best options for their particular situation and what some alternative countries' programs are like.

Discussed:

Where we are:

Johnny FD – Phuket, Thailand / IG @johnnyfdj
Sam Marks – Bangkok, Thailand / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

Invest Like a Boss Patreon
Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:00 - Why They Chose Spain & Ukraine
11:00 - Additional Fees To Get Residency
31:04 - Path to Citizenship
30:32 - Why You Can Make Way More From Sober Living
39:54 - Top 10 Residency Programs by Country

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

271: Pace Morby on How To Buy Real Estate & Build Wealth Without Cash Apr 20, 2023

Star of A&E's "Triple Digit Flip" and expert on creative real estate financing Pace Morby joins the show. Derek interviews him on his new book, Wealth Without Cash, and all the types of ways that Pace has been able to accumulate thousands of pieces of property with little or no money down. Johnny and Derek round it out with their own experiences on house flipping, creative financing and what they think about the TV show.

About Pace Morby:

Pace Morby is known as the go-to “sub to guy” bringing creative strategies to the mainstream real estate investment industry such as subject to and seller finance deals. Pace’s high energy and no BS approach has attracted a loyal following across social media. Though he began his real estate journey as a general contractor running a successful business and then as a HomeVestors franchisee, he and his partner have since amassed over 32 million dollars in buy and hold properties while continuing their full operation of wholesale, fix and flip, and many other symbiotic businesses. Pace is on a mission to over deliver on value, showing others that anyone can start in real estate, be successful, and change their lives and their families’ lives for generations.

About Wealth Without Cash

Want to close MORE deals in LESS time for LESS money?
For the first time ever, Pace Morby has compiled everything you need to know to build your real estate portfolio and become a millionaire investor without utilizing your own capital--all within a single book!
From subject-to, to seller finance, and more, these proven creative finance strategies allowed author Pace Morby to acquire more than 1,000 properties and $150 million in assets without using his own cash.
Whether you’re just getting started as an investor or already have a real estate business, Wealth without Cash will fully prepare you to find off-market leads, uncover sellers’ motivations, negotiate with confidence, close more deals, build a team, and much more.

Discussed:

Where we are:

Johnny FD – Phuket, Thailand / IG @johnnyfdj
Sam Marks – Jomptein, Thailand / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

NetSuite
For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB.

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

08:12 - Johnny's LA House Flip
12:26 - Pace Morby Interview Begins
18:25 - Why You Should Look for "Expired Listings"
30:32 - Why You Can Make Way More From Sober Living
34:31 - Types of Creative Financing
53:00 - Johnny & Derek's Thoughts on Pace's Strategy & Show

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

270: Q1 2023 Quarterly Update with Sam & Johnny Apr 13, 2023

It's quarterly update time and Sam & Johnny are together in the same place for this one! They both record from Thailand and cover all things in their recent travels. The guys cover value in Thailand, Japan, business vs economy flights, credit card points, and more. Sam & Johnny both discuss their plans for the upcoming quarter and where they plan on living. In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss.

Discussed:

Where we are:

Johnny FD – Jomptein, Thailand / IG @johnnyfdj
Sam Marks – Jomptein, Thailand / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

Daffy
Daffy helps you maximize one of the most generous tax deductions - charitable contributions, allowing you to contribute cash, stock, or crypto on a one-time or recurring basis, take the tax deduction at the time of the contribution, and then distribute those funds to nearly U.S. 501(c)(3). Invest Like a Boss listeners get a free $25 to give to the charity of your choice when you visit Daffy.org/BOSS.

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

01:44 - Where Sam and Johnny are Located
09:23 - Bali vs. Thailand Life
11:27 - Sam Loves Japan and Why
19:13 - Why Price of Business Class Isn't Worth It
25:05 - Why Living Frugally is Important Even When You Have Money

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

269: Jade Warshaw on Paying off $460K in Debt & Working Alongside Dave Ramsey Apr 06, 2023

Dave Ramsey's newest on-air personality hire Jade Warshaw is our guest on this episode. Derek will talk to her about how she was able to pay off $460K in debt using the Ramsey method while working in music, doing side hustles and practicing life hacks. Jade also gets into what it's like working alongside Dave Ramsey on their show - which is a consistent Top 20 Podcast in the U.S. Johnny & Derek round it out about their thoughts on the Ramsey plan and how they may disagree with certain aspects of it. The guys also get into some of the crazy side hustles they had while trying to pay off their own debt.

About Jade Warshaw:

At Ramsey Solutions, Jade Warshaw serves as a debt elimination expert, financial coach and co-host of The Ramsey Show. Jade has a professional background in entertainment and has performed in over 92 countries worldwide. She has appeared on Fox News and Cheddar News and been featured in Fortune magazine. Since paying off over $460,000 in debt with her husband, Sam, Jade has been helping others achieve financial peace. As a co-host of The Ramsey Show, the second-largest talk radio show in America, Jade helps people pay off debt by teaching them to shift their mindset and actions around money.

Discussed:

Where we are:

Johnny FD – Pattaya, Thailand / IG @johnnyfdj
Sam Marks – Bangkok / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
No one understands that every single hire counts more than Indeed. Get hiring now when you visit Indeed.com/ILAB.

Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
*Johnny and Sam use all of the above services personally.

Time Stamp:

05:50 - Derek & Johnny's Thoughts on the Ramsey Plan
14:28 - Interview with Jade Begins
26:00 - Jade's Side Hustles to Pay Off Debt
35:09 - What Jade Adds to the Ramsey Lineup
49:20 - Derek & Johnny's Side Hustles to Pay Debt

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

268: Russians Driving Up Real Estate in Bali & Thailand Mar 30, 2023

Johnny & Sam are in the same country for the first time in nearly 2 years! They both find themselves in Thailand, but things have changed drastically since the last time they were there. Since the Russian invasion of Ukraine happened in February 2022, Russians have been fleeing in droves. Top on their list of destinations has been Bali & Thailand. We invite a Bali Airbnb company to give us their expert opinion on what's going on their with the villa rentals. And then Johnny & Sam discuss what they're seeing in Thailand and how it's effecting the real estate market and overall culture.

Discussed:

Where we are:

Johnny FD – Pattaya, Thailand / IG @johnnyfdj
Sam Marks – Bangkok / IG @imsammarks
Derek – Los Angeles / IG @DerekRadio

Sponsor:

RAD Diversified
RAD Diversified REIT believes in investments that make money, build a legacy of generational wealth & protect America. Skip the waitlist to invest when you visit RADDiversified.com/investlikeaboss today.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:33 - Interview Begins
09:48 - Who's Going to Bali?
20:48 - Johnny & Sam Circle Back
35:07 - Issues with Foreigners Buying Thai Real Estate
39:28 - Russians Influence on Thai Culture

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

267: Space Tourism via Balloon with Zero 2 Infinity CEO José Mariano López Urdiales Mar 23, 2023

In this episode, Derek interviews Zero 2 Infinity Fouder & CEO José Mariano López Urdiales on a unique take on the space trousim industry. Instead of rockets, Zero 2 Infinity is using balloon technology to (hopefully soon) fly humans into space on a more comfortable, leisurely alternative to the rocket. Zero 2 Infinity also has a satellite delivery business that José explains and lays out the investment opportunities. Sam Marks jumps on the intro and outro to tell us where he's been traveling all through Asia, and tell why he is excited for this space technology... but won't be a passenger himself.

About José & Zero 2 Infinity:

Jose Mariano López is the founder and CEO of Zero 2 Infinity, the most active player in Europe in Near Space flights with over 50 successful missions. Jose Mariano is an engineer and a pioneer in NewSpace, whose vision is to make access to Space affordable and sustainable. His seminal work has sparked a renaissance of high-altitude ballooning with applications ranging from telecommunications to Space Tourism. He is a graduate of MIT in Aeronautics and Astronautics and holds 2 patents.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Bangkok / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

NetSuite
For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

03:04 - Where Sam's Been Traveling To in Asia
09:18 - Interview with José Begins
13:32 - What Phase of Space Flight We're Currently In
18:14 - What The Balloon Looks Like
39:40 - How Much Are Tickets?
01:05:26 - Sam & Derek Outro

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

266: Navigating the New & Used Car Market Mar 09, 2023

In this episode, Johnny & Derek discuss one of their favorite subjects - cars! Your vehicle is often the second biggest asset you'll purchase behind your home, so it's important to get what fits your needs best at a great price. They'll discuss the benefits of buying new vs. used, what options are worth paying for, along with some of their favorite cars on the market now. Derek goes over what new car he just bought, how to negotiate with the dealer and get the best deal if you need to finance. Lastly, just for fun, the guys build and price out a new Porsche for Johnny online and see how much more he would have to pay to get something comparable to his used one.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Japan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit Indeed.com/ILAB to start hiring today.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

01:26 - Today's Car Market for Buyers
08:40 - How Derek Was Able to Rent a Car for 5 Years
18:00 - Buying New vs Used
31:20 - What Derek Bought
39:45 - Building Johnny's Porsche Online

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

265: RAD Diversified CEO Dutch Mendenhall Talks Turning Disasters into Real Estate Profit Mar 02, 2023

RAD Diversified CEO Dutch Mendenhall returns to the show (last appeared on ILAB 178 & 194) to give us an update on real estate and so much more! Dutch has previously told us about past visionary moves that he was able to capitalize on and this appearance is no different! Find out how he was able to profit from the Russian-Ukrainian War, why he moved out of California, how he is able to purchase more homes in this economic landscape & more. Plus, he addresses concerns about RAD Diversified brought by our listeners who have previously invested.

About Dutch Mendenhall:
Dutch Mendenhall is a husband, father, American patriot, and gifted visionary. He leads by example and doesn’t believe in quitting. His leadership across six real estate investment funds combines the science of advanced analytics with new-age Artificial Intelligence, resulting in formidable industry-leading performance. In 2007, Dutch turned his strengths from a career coaching baseball toward consulting in the real estate industry. He became a highly sought-after thought leader in developing real estate education and training.
Dutch helped thousands of investors earn millions of dollars in real estate revenue. Yet, he knew that a greater purpose still lay ahead. Then, in 2015, Dutch had a vision for what would become RAD Diversified. An exclusive way for his students to partner with him on real estate investments. He felt the calling to help others secure a future for themselves and their families through the power of real estate done right and done together.
So, Dutch began building the rockstar team and groundbreaking systems needed to accomplish this vision. He partnered with real estate legend Amy Vaughn. Brought on high achievers to design RAD Diversified in a way that would scale up as the vision grew. Today, the RAD Diversified team includes more than 150 people and a portfolio of well over $100 million in diversified real estate assets.
His ethos is best summed up as People First. Dutch is always working for his people: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business." Dutch does not believe in comparison but sets his sights on his race against himself.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Japan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

RAD Diversified
RAD Diversified REIT believes in investments that make money, build a legacy of generational wealth & protect America. Skip the waitlist to invest when you visit RADDiversified.com/investlikeaboss today.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

02:45 - Dutch's Previous Appearances
05:53 - Interview with Dutch Begins
08:06 - Where RADD Looks to Invest in 2023
11:35 - RADD's Move to Profit from Ukraine War
15:45 - Addressing Liquidity Concerns
20:00 - RADD vs. Public REIT
38:36 - Johnny & Derek's Reactions to Interview

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

264: Johnny's Worst Real Estate Investment Feb 23, 2023

Johnny and Derek sit down for a special one on one episode to discuss Johnny returning to his investment property in Kharkiv, Ukraine. This was his first time back at the property since the war between Russia & Ukraine broke out almost exactly a year earlier. At the time, Johnny's Kharkiv condo seemed like a cash flow dream situation, which thanks to Russia, turned out to be too good to be true. Find out what Johnny found when he arrived and how much he's lost on this investment so far.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Andorra / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

01:47 - Update from Kyiv
07:33 - Why Johnny Chose to Invest in Kharkiv
11:26 - The 1% Real Estate Rule
17:38 - Airbnb Fees
22:38 - How Johnny Got Back to Kharkiv
27:30 - State of Johnny's Condo When He Arrive
36:30 - Total Costs So Far and What Revenue Johnny Was Able to Collect

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

263: Daffy CEO Adam Nash on State of Silicon Valley & Charitable Giving with Donor Advised Funds Feb 16, 2023

Sam and Derek partner up on this interview with a man who has been involved in hundreds of Silcon Valley startups as well as working for some of the largest tech companies over the last 30+ years. Daffy Co-Founder/CEO Adam Nash joins the show to talk the current state of technology and funding, and his move to non-profits and charitable giving through his new Donor Advised Fund platform Daffy. Sam and Derek share some stories on their experiences with giving and also have some fun, although embarrassing, stories to share with the audience on how we got this interview to work.

About Adam Nash:
Adam Nash is the co-founder and CEO of Daffy.org, a not-for-profit community built around a new, modern platform for giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns, the country’s fastest-growing financial wellness system, and Shift Technologies. Adam also teaches the “Personal Finance for Engineers” course at Stanford and was previously president and CEO at Wealthfront.

About Daffy:
Daffy is the Donor-Advised Fund for YouTM, a not-for-profit community built around a new, modern platform for giving, one built around the commitment to give, not the amount you give. It empowers people to be more generous, more often through a seamless mobile experience that helps members set money aside, watch it grow tax-free, and donate to more than 1.5 million charities. Started by technology veterans and backed by Ribbit Capital, XYZ Ventures, and Coinbase Ventures as well as prominent individual investors, Daffy provides a number of
member-focused features that make giving an easy habit to keep. To give with Daffy, visit daffy.org or search “Daffy” in the App Store.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Andorra / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:36 – Adam Nash's Resume
08:17 - Zoom Issues - Why We Shared the Interview
14:17 - Adam Nash Interview Starts
42:39 - How Daffy Works
53:00 - Tax Savings Benefits of Donor Advised Funds
1:10:51 - Sam & Derek Outro - their DAF Experience

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

262: Closed End Funds (CEFs) & Lucrative Investor Newsletters with Michael Foster Feb 09, 2023

Sam and Johnny kick off the episode talking Sam's trip to Andorra and revisiting the past appearances of our guest this week, Michael Foster. Michael has appeared twice before on ILAB in episodes 63 (Listen Here) and 68 (Listen Here) both back in 2017. Sam then interviews Michael Foster on both the advantages of Closed End Funds (CEFs) and how much money one can really earn from having an investment newsletter subscription. Sam learns he may have been investing with his CEFs in a less effective way as Michael explains his strategy. Johnny & Sam circle back and discuss their investing philosophies for 2023 after a rough last year and if CEFs fit into them.

About Michael Foster:

Michael Foster is the Lead Research Analyst for Contrarian Outlook, where he writes CEF Insider. He has written on high-income assets, dividends, closed-end funds and exchange-traded funds for a number of publications including Forbes, Bankrate and SeekingAlpha. Michael finished his PhD in 2008 and has been advising investors since 2011.

Discussed:

CEF Insider Website (Contrarian Outlook)
Michael's 1st ILAB Appearance - July 2017
MIchael's 2nd ILAB Appearance - August 2017
CEF Tickers Mentioned: $AIO, $BST, $BSTZ, $ETG, $ETY

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Andorra / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Nom Nom
At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

01:30 – Sam's Trip to Andorra
04:50 - Why we Brought Michael Back on the Show
11:15 - Michael Foster Interview Starts
22:40 - Why Do You Need to Write a Newsletter if You're a Good Investor?
35:20 - Michael's Buy & Sell Strategy for CEFs
43:25 - How Much Money Can You Make on a Newsletter?
59:58 - Would Johnny Invest in CEFs and will Sam Buy More?

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

261: Impact of ChatGPT & Generative Artificial Intelligence Feb 02, 2023

ChatGPT has taken over the conversations of the internet and (literally) writing millions of new conversations utilizing generative AI technology. We bring back guest Tom Taulli (last on ILAB 163) to break down the basics of ChatGPT technology, the company that created it and how we may be able to invest int he future of Artificial Intelligence. Sam and Derek then go through their experiments with using ChatGPT and its potential world changing impact on technology as we know it.

About Tom Taulli:

Tom Taulli is an advisor/board member to startups and the author of Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems. He also writes for various publications like Forbes.com, Kiplinger and Barron's. Besides his writings, Tom has founded several high-tech companies. They include WebIPO, BizEquity and Hypermart.net, which was sold to InfoSpace.

Discussed:

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Shopify simplifies selling online and in-person so you can focus on successfully growing your business. Sign up for a $1/month trial period at Shopify.com/ilab

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

01:41 – Sam & Derek Catch Up
07:56 - Tom Taulli Interview Starts
22:45 - Elon Musk's Involvement
30:15 - AI Investment Ideas
48:30 - Sam & Derek's Experiments with ChatGPT
60:00 - OpenAI Taking on Google

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

260: Creating a New Sport with OmegaBall Founder Anthony Dittmann Jan 26, 2023

OmegaBall Founder Anthony Dittmann sits down with Derek Spartz to discuss what it takes to create a whole new sport, how to market and monetize it and how they're raising capital. Sam and Derek catch up and discuss their experiences at an OmegaBall event as well as what potential they see in this very early investment opportunity in the sports industry.

About Anthony Dittmann:

Anthony Dittmann began his career working for the San Diego Chargers until 1998. After the NFL, he worked for ESPN in several capacities; all involving the design, construction and management of ESPN-owned events including the ESPY Awards and culminating as the Director of Operations as well as Event Director for X Games in Los Angeles, Barcelona, Aspen and Tignes, France. Since the X Games, Dittmann has produced events for NBC Sports and The Enthusiast Network before ultimately starting Kilowatt Events with several colleagues. Kilowatt specializes in designing and executing major events in music, sports and entertainment that are typically televised. Major clients include ESPN, NetJets, C3 Presents, Pepsi, The LA Times and the NFL.

In 2018, Dittmann patented (with his colleague Rafael Munaro), a foldable (to 2” wide) dual stream event recycle/trash bin that is poised to rid the industry of the ubiquitous, but ineffective cardboard event trash can. Cerobins have since been bought by major events and facilities including Sofi Stadium and Climate Pledge Arena.

In 2020, Anthony invented a new sport called OmegaBall. Reimagining and revolutionizing the game of soccer with three teams, three goals, no offsides, and no throw-ins (cornerkicks only) in a circular field. All packed into a one-hour match in a field that is half the size of a traditional soccer field. Headquartered in San Diego, OmegaBall has already appeared on the Fox and ESPN networks with semi-professional players on the pitch. OmegaBall is also expanding into competitive youth and recreational opportunities through a new partnership with USSSA. OmegaBall is…. Chaos on the Pitch!

Anthony also spent several years as an adjunct professor in the sport business graduate program at California State University, Long Beach and the University of San Francisco. He is also a helicopter pilot.

DISCLOSURE: Sam Marks is related to Anthony Dittmann and, as of this episode's release, has not invested any capital into OmegaBall.

Discussed:

OmegaBall.com
@Omegaball_ on TikTok
Omegaball YouTube
Email Anthony for OmegaBall Investment Deck at anthony@omegaball.com

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

00:20 – Sam/Derek catchup California Rain & Traffic
03:06 - About OmegaBall and our guest
06:33 - Anthony Dittmann Interview Starts
10:20 - Basics of OmegaBall Rules
19:25 - Derek's Attendance at an OmegaBall Event
32:28 - Wagering on OmegaBall
34:50 - How to Invest in OmegaBall
37:10 - Sam & Derek's Thoughts on OmegaBall

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

259: "The Real Asset Investor" Dave Zook Jan 12, 2023

Johnny and Derek kick off the episode with New Year's updates, including a scary moment for Johnny in Kyiv. Then Johnny interviews "The Real Asset Investor" Dave Zook on his various funds and their structures for self-storage, car washes & ATMs. Dave lays out how to invest, who can invest and how to get your federal tax rate into the single digits! Then Johnny & Derek follow up on their thoughts into Dave's investing philosophy and provide an exciting new feature for ILAB Patreons.

About Dave Zook:

Dave is a successful Business owner, Syndicator and an Investment and Tax Strategist.
Dave and his team at The Real Asset Investor have placed more than $800M across various asset classes which offer Cash Flow, Tax Impact and Equity Growth for investors. These asset classes include ATMs, Car Washes, Energy, Self-Storage and more.
He and his team are one of the Top 5 ATM Fund Operators in the country.
Dave was an early investor in Bitcoin and Digital Assets, and he holds an advisory role at Off the Chain Capital, one of the top performing funds in the world for the last 5 years.
Dave is a sought-after speaker and has shared his knowledge across various media platforms such as The International Business Conference, The Real Estate Guys Radio Show, Cashflow Ninja and others.
Dave and his wife Susan along with their 4 children live in Lancaster, PA.

Discussed:

TheRealAssetInvestor.com
Dave Zook Facebook
Dave Zook Instagram
Email Dave Zook's team directly at info@therealassetinvestor.com

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Nom Nom
At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

02:00 – Rockets over Kyiv
07:55 - About Dave Zook
11:10 - Dave Zook Interview Starts
22:35 - How Dave Pays Nearly Zero Tax
40:15 - Johnny & Derek's Thoughts on Investing with Dave

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

258: Q4 Quarterly Update with Sam & Johnny Jan 05, 2023

Johnny and Sam go over the end of year 2022/Quarterly Updates. They talk about settling into their respective homes in Barcelon and Kyiv. Johnny traveled to Greece to await his permanent Ukraine residency and Sam went on a month long trip through Japan. The guys talk what daily life looks like in Ukraine during the war, Sam's upcoming job freedom and more! This is only the public portion of the podcast, if you'd like the entire show in audio and video formats including our actual portfolios, you can instantly access when you join the ILAB Patreon.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get serious about selling and try Shopify today. Sign up for a $1 per month trial period at Shopify.com/ilab

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

05:40 – Sam's South Carolina House
12:12 - Johnny on Kyiv
18:16 - Ukraine Blackout Schedule
24:40 - Johnny in Greece.
29:45 - Sam's New Freedom
38:00 - Sam's 2023 Travel Plans

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

257: Top 10 Guests of 2022 Dec 22, 2022

Johnny and Derek go over the Top 10 guests of 2022 on the Invest Like a Boss podcast. List was compiled using votes and download numbers and topics range anywhere from crypto to wine to traveling the world and more! Tune in to find out who made the top guest of the year!

Listen to ILAB 257 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Nth Venture
Nth Venture is a venture studio building businesses from scratch. Their mission is to bring genuine ownership to Main Street. Learn how to invest now at nthventure.com

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

10:34 – #10 : 229: Sam's Firsthand Bordeaux En Primeurs Week Experience
15:09 – #9 : 226: Economics of Adult Entertainment with Dan Leal
21:58 – #8 : 231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei
29:21 – #7 : 217 : Codie Sanchez on Overcoming Obstacles to Hustle & Think Like a Contrarian
34:31 – #6 : 218: Saifedean Ammous Explains The Bitcoin Standard
42:38 – #5 : 241: Buy This, Not That with Financial Samurai Sam Dogen
41:55 – #4 : 244: Meb Faber Returns to Talk Inflation
53:39 – #3 : 254: Return of the “King of Self-Storage” Kevin Shee
59:45 – #2 : 221: "Adventure Capitalist" Author Jim Rogers
66:46 – #1 : 227: Travel for (Almost) Free with Credit Card Points Hacking

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!

256: BTCGandalf Talks FTX, Crypto Storage & Why Bitcoin is King Dec 08, 2022

In the wake of the FTX collapse, we invite BTCGandalf to the show. He is a mysterious supporter of Bitcoin under the guise of Lord of the Rings’ Gandalf. Gandalf talks about what happened to FTX, how healthy other exchanges may be, and the most secure way to store your coins. Derek reveals to Sam a major change in his crypto investment and seeks advice on what to do next in this wild market.

In his previous life, Gandalf was a real estate broker and entrepreneur for a decade. He created his pseudonymous Twitter in early 2021 as he began to get interested in Bitcoin and now dedicates his full time-attention to Bitcoin both independently and through his work with Companies in the space.

Listen to ILAB 256 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Moldova / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed:

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

10:30 – How did you come up with the persona of Gandalf?
13:50 – Should we be concerned about other crypto sites?
15:26 – Did you have any direct experience with FTX?
18:30 – What happened to anyone who was holding funds with FTX?
23:15 – How can you protect your money in crypto?
28:10 – What's the process for selling your crypto?
30:24 – Is Bitcoin your go to crypto currency?
33:09 – Do you think the drop in Bitcoin is connected to the FTX collapse?
36:47 – Any thoughts on the economies that embrace bitcoin as a currency?
38:51 – Do you see any restrictions being put on crypto currency?
41:30 – What happens when bitcoin “halves”?
44:45 – Patreon: Any action people can take who have investments in Celsius?
45:18 – Patreon: Is crypto a speculation or money remittance instrument?
46:53 – Are there any good indicators that tell you a coin will go up in value?

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!

255: Inflation Rate – Is it Accurate? Nov 17, 2022

Johnny and Derek do a one-on-one episode to talk about the effects of inflation across the World. Although media outlets may make it seem like inflation is solely an American issue, it is something that affects every country. Johnny and Derek will go over their next travel plans and what they are seeing in each of their respective locations as far as inflation is concerned. Johnny also gives advice on some hacks to fight inflation that anyone can use to their advantage.

Listen to ILAB 255 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Moldova / IG @johnnyfdj
Sam Marks – Japan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed:

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:50 – Why is it that Spending US in other countries an inflation hack?
14:13 – Is it better to exchange currency in the US or in the country you are traveling to?
16:09 – Which countries have the lowest and highest inflations?
19:10 – How does the US compare to the rest of world with inflation?
25:44 – Has Derek felt the effect of inflation?
32:30 – How is the inflation rate calculated?
34:55 – Do you think Gas and electricity is high or low now in the US?
39:07 – Has the cost of some electronics reduced?
45:06 – How has the cost of clothing and apparel changed?
47:20 – What about real estate and how has inflation had an effect?
52:40 – How has inflation affected purchase of new and old cars?

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!

254: Return of the “King of Self-Storage” Kevin Shee Nov 10, 2022

Sam’s friend and Hong Kong “King of Self-Storage” Kevin Shee returns to the podcast for his 3 rd appearance. Kevin previously appeared on ILAB 07 & ILAB 106. Kevin goes over his attempted transition out of self-storage and into passive investor and why it failed. He goes over his current business model in Hong Kong and why he’s brought Sam along for a new business venture in Japan. Sam and Kevin also go over the intricacies of Japan’s daily life and why it’s so traveler unfriendly to visit. Then Sam and Johnny recap their status and discuss their thoughts on Kevin, as they both personally know him. And Johnny reveals that he recently attempted to get a very odd job in Japan.

Kevin Shee 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!

Listen to ILAB 254 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Japan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed:

SC Storage

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

11:33 – Why is Japan difficult for foreigners to travel within?
16:15 – How did you become semi-fluent in Japanese?
20:14 – How did we get into biking?
22:23 – What impressed Sam about Japan?
27:55 – Why wouldn’t you move to Japan?
29:43 – Can you tell us about your Bali residence and how you got to purchase it?
36:51 – Why is Sam so impressed with Dubai?
39:33 – What's the state of self storage?
49:49 – Do you plan to open more properties in Hong Kong or abroad?
53:00 – What is Sam’s plan for 2023?
56:40 – What is Kevin Shee's new “fashion item”?

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!

**253: Cost of Living Expenses in U.S. vs. Abroad** Nov 03, 2022
Johnny & Derek sit down for a one on one episode to compare their respective cost of living expenses. Johnny has utilized location arbitrage by living in cheaper countries outside the U.S. while Derek lives in one of the most expensive cities in the U.S., Los Angeles. They’ll break it down by category and find out who is getting the better deal in each. Johnny also gives helpful tips for those considering relocating from the U.S.

Listen to ILAB 253 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Greece / IG @johnnyfdj

Sam Marks – Thailand / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

**Discussed:**

Cost of Living

Gasoline prices around the world

**Like these investments? Try them with these special ILAB links:**

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)
*Johnny and Sam use all of the above services personally.

**Time Stamp:**

07:18 – Where did you start Johnny and where have you been living the last 10 years?

09:05 – Are there any cities out there that are surprisingly quite cheap to live in?

15:41 – First let’s talk about housing?

19:32 – What about how the cost of utilities varies?

24:55 – How much do you think air bnb’s cost in california? And how does it compare to other countries?

28:33 – How does insurance vary from country to country?

31:05 – Johnny and Derek compare their monthly grocery bills

37:15 – What's the average price of having a night out for drinks?

44:29 – What's the “Big Mac” Index?

50:55 – How does Health insurance compare?

58:57 – Transportation costs between owning a car and public transit?

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!

Copyright 2022. All rights reserved. Read our disclaimer here.

252: Hedging Inflation Through U.S. I Bonds with Maggie Gomez Oct 27, 2022

A timely topic we’ve been hearing about from listeners for months – U.S. I Bonds. These are bonds issued by the U.S. Treasury to hedge against inflation and currently pay an incredible 9.62% rate… but there are a lot of restrictions and time is running out! We invite CFP Maggie Gomez, aka Money with Maggie, to the show to break down the ins and outs of I Bonds. Then Johnny and Derek discuss if they think I Bonds are a good play or if your money is better served invested elsewhere.

Maggie Gomez is on a mission to help you feel strong and confident in your financial situation. Maggie’s professional experience in major brokerage firms made her realize that clients with less than 6 or 7 figures to invest weren’t getting quality attention from a financial professional. That left most people with nowhere to turn to manage their financial life and start investing in their future! So that is why she started “Money with Maggie”

Experience:

CERTIFIED FINANCIAL PLANNER™ (designation received after a 12-month intense study program and 6-hour exam covering a full spectrum of financial planning topics)
8 years of experience working at Charles Schwab, Morgan Stanley, and E*TRADE
Held a FINRA Series 7 License (Stock Broker, i.e. I sold investment products)
Held a FINRA Series 66 License (licensed to offer investment advice)

Listen to ILAB 252 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed:

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

10:00 – What is an I-Bond?
11:11 – What is the interest right now and how long are you locked in for?
12:41 – What do you expect the next interest rate to be?
14:16 – Is there a limit on how much you can purchase?
15:26 – Patreon question: Can you gift I-bonds to family members or friends?
16:07 – Patreon question: Is there any other way to purchase the I-Bonds other than the website?
17:05 – How often can you buy I-Bonds and can you buy more under other LLCs?
18:05 – Do you purchase I-Bonds and why?
19:52 – Why do you think no one talks about Bonds anymore?
23:10 – Do you have to be a US citizen to purchase the Bonds?
23:35 – Patreon Question: How is the rate calculated?
24:18 – Has it only recently become popular with your clients?
30:48 – What do you think the interest rate will be in October 2023?
32:16 – How do your clients feel about the stock market currently?

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!

251: Q3 2022 Quarterly Update with Sam & Johnny Oct 20, 2022

Sam and Johnny go over their adventures during the third quarter of 2022. Johnny has been bouncing around Europe while waiting for his permanent residency to come through for Ukraine while Sam has been between Barcelona, Tajikistan and Thailand working on an exciting new business deal. Hear those stories and more on this free to the public podcast version. Afterward, the guys go over their portfolio performance (including screenshots) in the Patreon-exclusive section. Plus, Sam gets into detail why he is getting royal treatment on his business dealings in Tajikistan. You can access all of these parts of the show for as little as $5 a month at https://www.patreon.com/investlikeaboss

Listen to ILAB 251 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Austria / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

04:10 – What are the headlines of this Quarter?
05:37 – Why was Johnny in Paris?
08:52 – How Sam got stuck in Tajikistan
11:55 – Johnny’s changes to how he travels
19:16 – Johnny almost move to Chiang Mai
21:38 – Thailand “Special” Visa
25:37 – Sam's travels over the past few months

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!

250: Social Investing with Stocktwits CEO Rishi Khanna Oct 13, 2022

Derek interviews Stocktwits CEO Rishi Khanna to talk about social investing, how Stocktwits can help you invest smarter and how they are evolving. Then Derek and Johnny catch up with their travels and Johnny has an update on his status to get back into Ukraine.

Rishi Khanna is the CEO of Stocktwits, the original social platform for individual investors and traders with 6M registered members. Before Stocktwits, Rishi was Managing Director at SS&C GlobeOp at SS&C Technologies Holdings Inc, where he had overall responsibility for sales, product, operations and strategic direction of a number of businesses serving the alternative assets industry. In 2007, Rishi co-founded and served as President of Novus, a global portfolio intelligence platform company that invented the art of portfolio intelligence, solving unique data and analytics challenges facing capital allocators and fund managers across liquid and illiquid investments. Prior to co-founding Novus, Rishi was responsible for the development of the technology and product platforms for Gerson Lehrman Group. Rishi holds a B.S. in Computer Science from Cornell University.

Listen to ILAB 250 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Austria / IG @johnnyfdj
Sam Marks – Tajikistan / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed

Stocktwits

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

14:25 – Can you give us the origins of Stocktwits?
16:18 – Lets talk about the “cashtag”
18:13 – What is your background and how did you get to Stocktwits?
22:10 – How have you seen the landscape change since starting at the beginning of the pandemic?
26:32 – How many registered users do you have and what is the activity like?
30:35 – What kind of data can you research on Stocktwits and does it help an individual investor?
36:02 – What reactions were you seeing on Stocktwits when the market activity was high?
37:58 – Do you have a team looking for fraudulent trades?
41:11 – Patreon: Is there a way to reward users who are doing well?
42:32 – Patreon: Do you have performance tracking and what makes you different from other similar apps?
45:25 – Fun closing questions, who do you follow, any cool stories, any celebrities you have worked with?
49:32 – Where do you see Stocktwits in about 5 years?

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!

249: Investing in Post-War Ukraine Oct 06, 2022

Johnny and Derek discuss an investing game plan for a (hopefully) potential victory for Ukraine in their ongoing war with Russia. They talk about real estate, infrastructure, industry and more in Ukraine around what they’ll need to recover in a post-war environment. Johnny also gives us an update on what he’s seeing from Ukraine and why he thinks a victory over Russia in the coming months could be a possibility.

Listen to ILAB 249 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – United Kingdom / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed

183: Kiev Real Estate Recovery Funds Founder John Suggit

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

02:57 – Johnny elaborates on his permanent residency in Ukraine and some benefits
12:38 – What is the update on the war between Ukraine and Russia?
22:42 – Where do you see the war going in the coming months?
28:15 – What is the best thing to invest in Ukraine?
32:56 – Why is the real estate market so cheap and why can’t you purchase with a mortgage?
34:23 – Where is the best place in Ukraine to purchase Real Estate?
38:44 – What about investing/working in the rebuilding of infrastructure in Ukraine?
42:05 – Johnny’s attempt at buying a tiny home?
48:40 – What has everyday life look like in Ukraine during the War?
54:25 – Where do you see Ukraine as an investment market next year?

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!

248: Azure 3D Printed Homes with Co-Founder Gene Eidelman Sep 29, 2022

Derek goes on site to the Los Angeles headquarters of Azure 3D Printed Homes to see how their approach to affordable housing with 3D printing differs from Boxabl’s assembly line approach (ILAB Episode 245). Derek sits down with co-founder Gene Eidelman to talk how he went from growing up in Ukraine to running a startup to solve the housing shortage. Then Derek and Johnny discuss if they’d invest in this, and how they’d utilize these homes for themselves.

Gene Eidelman is a co-founder of Azure Printed Homes, the first-to-market construction company to utilize 3D printing technology and recycled materials to create modern prefab units 70% faster than traditional building methods, while making a positive impact on the environment. Gene went to undergrad school at USC and holds an MBA from Pepperdine. He was recognized for resettling 6,000 refugees from the former Soviet Union in the late 80s by the United States Jaycees. In addition, he appeared on Oprah Winfrey Show, and served on numerous non-profit educational organizations in the US, India, and the UK. He has over 35 years of experience building and developing residential properties. His startup before Azure was an education management company which he grew to $120MM in revenue with 1,800 employees on three continents. He co-founded Azure in 2019. Azure initially bootstrapped its growth and raised a pre-seed angel round earlier this year and is in the middle of a $5MM seed round raise. Azure generates $400K/mo in revenue and has over $14MM in pre-orders. Mass production of the units will begin before the end of this year.

Listen to ILAB 248 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Netsuite
Join the over 31,000 businesses that use the #1 Cloud Financial System now at Netsuite.com/ILAB and receive a special one-of-a-kind financing offer.

Discussed

Like these investments? Try them with these special ILAB links:

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)
*Johnny and Sam use all of the above services personally.

Time Stamp:

10:54 – What is your background and how did you get here from Ukraine?
13:30 – What housing problem is Azure trying to solve?
15:45 – How can you build a house from a 3D printer?
18:06 – What customization options are there?
20:01 – What advantage do you have by 3D printing as compared to assembly lines like your competitors?
21:38 – What comes with the unit?
24:05 – Why do you think LA is the best spot to start the business?
25:48 – How do you think people will utilize their homes?
27:10 – What is the pricing of the units?
28:00 – What permits do you need to get approval for the home?
29:14 – How many pre-orders do you have and how soon are the units going to be ready?
32:23 – How much have you raised thus far in investment and what is the goal?
35:52 – What are the requirements to invest and what fees are associated?
37:07 – What's the future of azure?

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!

247: What Are You Gonna Do with All That Money? Sep 22, 2022

Sam and Derek do a one on one episode to discuss how your spending habits change at various high wealth levels. The guys break down real cash flow, income growth and spending habits for income brackets from $10-30 Million, $30-100 Million, $100M-1 Billion & $1 Billion + net worth. Sam belongs to one of these brackets already and is able to share his personal experiences on this while for Derek this is more of an aspirational episode as he hopes to be in these brackets soon.

Listen to ILAB 247 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed

ILAB 130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson - Invest Like a Boss

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

05:45 – What does it look like to be in the $10-30 Million income bracket?
12:40 – What does it look like to be in the $30-100 Million income bracket?
23:00 – What does it look like to be in the $100 Million -1 Billion income bracket?
35:40 – How would your life change if you had $100 MIllion?
53:00 – Bonus content with patreon answers to if they had $100 Million

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!

246: Combining Machine & Digital Gaming with Winner Winner Sep 15, 2022

Derek travels to the Las Vegas headquarters of gaming company Winner Winner to speak with co-founder Cody Flaherty. They discuss how Winner Winner is allowing users to play real machine gaming from anywhere in the world via their mobile phones. Plus, Winner Winner has since expanded to online gaming, live trivia events and more. Sam Marks is an active early investor in Winner Winner and has worked extensively with one of their founders. Sam and Derek wrap up the episode discussing Sam’s investment, why he believes in it and what he expects from the company going forward.

Cody Flaherty is the Co-founder and COO of Playtertainment, the development studio behind the live gaming app Winner Winner. Prior to launching Winner Winner with his partner Jon in 2019, Cody was an early member of the PetFlow.com team, an online retailer of pet food and supplies. Cody was a key member of the senior executive team, helping the business realize an exit to the largest distributor of pet products in the US. Cody sits on the advisory board for Ithaca College's Customer Experience program and also consults for businesses in the ecommerce space.

Winner Winner is a robust gaming platform that allows you to earn real rewards for playing games you know and love! Whether its playing physical games or playing digital games you already love to play, you can earn tickets and redeem those tickets for real rewards that are shipped directly to you!

Listen to ILAB 246 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed

Winner Winner

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:25 – What is your “elevator pitch” for Winner Winner?
09:35 – How did you get into the gaming industry?
11:27 – What kind of investors do you have currently?
12:10 – What is your goal for Winner Winner as a business?
14:00 – How has Winner Winner evolved over the past 3 years?
16:28 – How does technology work?
18:10 – Has anyone figured out how to hack the games?
19:20 – How many users do you have and how often do they use the app?
22:16 – At what level are you at raising capital?
22:52 – Who can invest and what is the minimum request?
23:13 – What is the next plan for the business?
24:38 – Why did you start your business in Vegas?
25:49 – What is your demographic like?

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!

245: Tiny Home/ADU Investment with Boxabl’s Founders Sep 08, 2022

Derek travels to Las Vegas to visit the Boxabl Factory, where they are taking advantage of the tiny home/ADU trend happening in housing right now. He sits down with Father & Son founder team Paulo & Galiano Tiramani to discuss Elon Musk buying one of the first casitas, scaling up to multiple factories to fulfill demand, investment opportunities & more. Then Johnny & Derek talk about their experiences with the concept and whether or not they would invest in the company. Each have their concerns but are also optimistic about the industry if they can execute.

Boxabls are built in a precision factory environment from cutting edge materials and are packed with the latest technology. This means your building will be stronger, last longer, and be more energy efficient. The Boxabl mission is to significantly lower the cost of homeownership for everyone. Obsessively designed to the highest standards of quality, strength, and sustainability to last for generations.

Listen to ILAB 245 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

12:42 – How did you start with Boxabl?
13:41 – Why did it take so long to get to the stage of building a house in a factory?
16:03 – Is Elon Musk living in a Boxabl?
19:35 – What do I need to have ready to have one delivered to my home?
21:14 – How are you going to deal with the high demand?
25:32 – What are the opportunities for investment?
30:00 – Patreon: Can you explain some of your Instagram Content?
33:20 – Patreon: How will repairs compare to a regular home?
35:22 – Patreon: How durable are the houses?
37:09 – Patreon: How long does it take to get to your house?

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!

244: Meb Faber Returns to Talk Inflation Sep 01, 2022

Fan favorite Meb Faber returns to the show after a 6 year absence to tell us about the current state of inflation. Johnny & Sam also talk about how inflation has effected them living in Europe compared to what Meb is seeing in the United States.

Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.

Listen to ILAB 244 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

15:30 – What is new with you for the last 2 years?
22:20 – Have you seen similarities with investment being made between the start of covid and the start of this bear market?
27:10 – What are you seeing being affected by inflation, besides the obvious (gas etc)?
31:08 – How does inflation affect your profit and what can you do about it?
46:49 – How are collectibles affected by inflation?
51:18 – Do you ever invest in tips?
53:52 – Anything new you are working on at Cambria Investments?

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!

**243: Update on The All-Seasons Portfolio with Meb Faber** Aug 25, 2022
An ILAB Callback episode to our original interview with Meb Faber from ILAB 15. Johnny and Derek create an all-new intro and outro to Sam’s interview to give an updated version of a timeless interview that is very much still relevant to today. We wanted to re-air this interview in preparation for Meb’s return on next week’s episode where he will talk about inflation.

Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.

Listen to ILAB 243 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Ukraine / IG @johnnyfdj

Sam Marks – Barcelona / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB

**Discussed**

Meb Faber

Cambria Investments

Meb Faber (@MebFaber) / Twitter

**Like these investments? Try them with these special ILAB links:**

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)

*Johnny and Sam use all of the above services personally.

**Time Stamp:**

09:20 – How did you get into finance?

14:00 – What is Traditional investment advice vs. modern?

22:50 – Is there any guarantee to profit after 20 years with the US market?

25:41 – What does risk parity mean?

33:18 – Can you summarize the review of the ALL Seasons Portfolio

40:38 – Do you have a model for an upcoming decade?

43:48 – How do you compare Small Cap and Large Cap growth prospective?

47:16 – What are your thoughts on Robo-Advisors?

50:28 – Is it a good route to do diversified allocation to keep your investment liquid?

53:39 – Where do you want to be invested if there is a WWIII?

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.

Copyright 2022. All rights reserved. Read our disclaimer here.

242: Primal Virtues of the Modern Man with Jonathan Rios Aug 18, 2022

Sam interviews author and psychotherapist Jonathan Rios on his book Primal Virtues of the Modern Man. They talk about issues with today’s men and what they can do to get back to their ‘primal’ nature and balance their lives better. Sam and Derek catch up on the show and talk about how this applies to their lives currently and what they are doing themselves to get back to their own primal virtues.

Jonathan Rios is an athlete turned mental coach and licensed psychotherapist who is deeply committed to remaining undomesticated. He works extensively with addicts, performers, veterans, stay at home mothers, business professionals, and spiritual seekers. He is a military academy graduate and former division 1 athlete with a deep appreciation for the warrior ethos. He currently lives in Jupiter Florida with his wife and four daughters.

Listen to ILAB 242 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started

Discussed

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

11:30 – Tell us about your recent retreat in Wyoming?
13:38 – How did you get into psychotherapy ?
16:30 – Describe your approach and how you arrived at this unique style?
22:19 – Can you expand on the word, “Decadence”, you used in the book?
28:04 – What was the motivation for writing this book and the “3 needs of men”?
41:40 – Let’s talk about what “Love” means?
45:44 – What are some other projects you are working on?

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!

**241: Buy This, Not That with Financial Samurai Sam Dogen** Aug 11, 2022
Johnny brings the Financial Samurai back to the show, who last appeared in 2016 on ILAB 24. The Financial Samurai created a popular financial blog and was until recently only known as an image online… but he has finally revealed his identity as Sam Dogen. Dogen has a new book out titled Buy This, Not That. Johnny and Dogen discuss the book, his path to financial freedom, why he stays living in San Francisco and more. Derek jumps in on the intro and outro with Johnny where the guys catch up and discuss the Financial Samurai’s hitting points and what they agree/disagree with.

In 2009, the world was falling apart, and my net worth was taking a beating. I thought it would be a good idea to start a personal finance site to help myself and others make sense of chaos.

After all, I had spent 10 years working at Goldman Sachs and Credit Suisse, studied economics at William & Mary, got my MBA from UC Berkeley, saved aggressively, diversified my investments, and still got financially rocked!

Since the global financial crisis, more than 90 million visitors have stopped by Financial Samurai to learn, share, and grow.

After writing over 2,500 personal finance articles, I’ve used my knowledge and the perspectives of so many to write an instant Wall Street Journal bestseller entitled, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. The book is your secret weapon to getting ahead in this hyper-competitive world.

You can buy a hard copy on Amazon or any book retailer. By the time you finish BTNT you will gain at least 100X more value than its cost. After spending 30 years working in finance, writing about finance, and studying finance, I’m certain you will love Buy This, Not That.

Today, Financial Samurai is one of the largest independently-owned personal finance sites in the world with roughly one million organic visitors a month. And it’s all free!

Listen to ILAB 241 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Ukraine / IG @johnnyfdj

Sam Marks – Barcelona / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ilab

**Discussed**

Financial Samurai

Buy This, Not That: How To Spend Your Way To Wealth And Freedom

**Like these investments? Try them with these special ILAB links:**

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)

*Johnny and Sam use all of the above services personally.

**Time Stamp:**

15:29 – What made you decide to write this book?

18:40 – Do you think there are a lot more people who are like you financially with high living expenses?

23:37 – What was your target audience for this book?

28:49 – What are your thoughts on Bill Perkins’ book “Die with Zero”?

30:18 – Why did you write the book if it wasn't financially profitable?

32:32 – Why is adopting the mindset to be rich important?

35:12 – Why is it important to maximize your wealth?

39:34 – How is focusing on the most Important things in life related to wealth?

43:13 – Explain “The Best Time to Own the Nicest Home you can Afford”

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!

Copyright 2022. All rights reserved. Read our disclaimer here.

240: AG Tech & Cattle Investing with Harvest Returns CEO Chris Rawley Aug 04, 2022

Harvest Returns CEO Chris Rawley joins the show to talk about the different type of agricultural (AG) investments they offer. Harvest Returns has some unique investments including tech plays, indoor farming, cattle, aquaculture and more. Johnny and Derek discuss their thoughts on the food industry as a whole and whether they’d invest in these. The guys also do a quick followup on their car situations since they last spoke about them in ILAB 236.

While serving as a career naval officer, Chris Rawley visited dozens of war-torn and poverty stricken countries and began to appreciate the importance of agriculture to every single person on earth. As a professional investor with this new found appreciation, he decided to invest in a farm, but quickly discovered that these types of assets were inaccessible to the average person. The problem drove him to create Harvest Returns in 2016 to democratize investments in agriculture.

Rawley has held corporate management roles in Jones Lang LaSalle, Electronic Data Systems, L-3 Communications, and served as a defense consultant at Special Operations Command with Blackbird Technologies. He has invested in real estate and income-producing agriculture for nearly two decades. Rawley is an angel investor in early stage agriculture and food companies, including the Indian agriculture FinTech company Jai Kisan. He serves on the advisory board of the AgTech start-up AgroFides.

Rawley is a Captain in the Navy Reserve, serving as the Reserve Chief of Staff for United States SIXTH Fleet, and provides oversight for more than 500 sailors operating across Europe and Africa. During his 29 year military career, Rawley has filled a variety of leadership positions in naval, expeditionary, and joint special operations units afloat and ashore. He has deployed to Afghanistan, Iraq, throughout Africa, the Middle East, and Western Pacific. Rawley has a degree from Texas A&M University, earned an MBA at George Washington University, and is a graduate of the U.S. Naval War College. He is the author of Unconventional Warfare 2.0 and an avid water sports enthusiast.

Listen to ILAB 240 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Netsuite
Join the #1 Cloud Financial System now at Netsuite.com/ILAB and receive a special one-of-a-kind financing offer.

Discussed

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

12:22 – How did you get into the agricultural space?
16:08 – What are your thoughts on the US agricultural system as compared to other countries?
18:59 – How is the agricultural market correlated to the stock market?
21:58 – Was it harder to invest in agriculture 15 years ago?
23:26 – Can you expand on corporate farming and technology?
25:24 – How do prices of crops vary year-to-year?
28:19 – What is AG tech?
30:01 – Are there any particular animals you prefer to invest in?
32:16 – What are some examples of indoor agriculture?
36:34 – What concerns are there about climate change?
39:58 – How do you come across these deals?
41:02 – Who can invest and where can you invest and how much does it cost to invest?
44:08 – Approximately how much assets do you have under management?
46:42 – How are the returns on investments done?
47:34 – How would you say your company is different from your competitors?
49:21 – What investment are you really excited about?

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!

239: Q2 2022 Quarterly Update with Sam & Johnny Jul 28, 2022

Sam and Johnny go over their wild quarter of life experiences in Q2 of 2022. Both are recording from their actual homes together for the first time, Sam in Barcelona and Johnny in Kyiv. The guys take philosophy of life, updates on the Ukraine war, plus a happy charity update from the school in Bucharest that we donated to earlier this year! Full financial breakdowns for the quarter are available to Patreon members only. Sign up for as low as $5 a month to instantly access when you sign up HERE

Listen to ILAB 239 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB

Discussed

WE FUNDED A SCHOOL FOR UKRAINIANS! 🇺🇦🇷🇴 IN ROMANIA!

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

04:08 – Do you think if we had taken different directions in life would we have liked it?
14:17 – How is life treating you Sam?
17:26 – Describe your experience doing mushrooms?
25:54 – What’s happening in Johnny's Neighborhood?
35:32 – Invest Like A Boss Charity ventures

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!

238: Ask Sam Marks Anything Jul 21, 2022

We polled ILAB listeners for your questions and said Ask Us Anything! We received so many questions that we decided to split it into two episodes, one for Johnny and one for Sam. Last week (ILAB 237) was Johnny and now it’s Sam’s turn. Sam will answer questions on investing as well as lifestyle in this open forum style episode.

Listen to ILAB 238 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Montenegro / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed

Life advice from the generation before you (my bucket list poem)

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

02:01 – Sam talks about his recent coolest experience of his life
10:21 – What did Derek do this week?
15:02 – Do you have any updates on Mt. Gox BItcoin?
24:03 – What are your thoughts on the downturn, and have your strategies changed?
28:08 – How confident are you in the accuracy of the projected value of the wine?
32:02 – What are your thoughts on buying land in Thailand?
37:15 – What was your day to day like when you were living in the UK and then in China?
46:42 – What is the most valuable/interesting thing you learnt while doing the podcast?
53:43 – Can you elaborate on your bucket list video?
58:53 – If you could share a meal with any 4 individuals living or dead, who would they be?
59:48 – Where do you see yourself in the next 10 years?
62:02 – Imagine you were married with kids today, how would your life be different?
67:29 – What is one of the biggest challenges of traveling all over the world?

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!

237: Ask Johnny FD Anything Jul 14, 2022

We polled ILAB listeners for your questions and said Ask Us Anything! We received so many questions that we decided to split it into two episodes, one for Johnny and one for Sam. First up is Johnny, where he answers questions on investing as well as lifestyle in this open forum style episode.

Listen to ILAB 237 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Montenegro / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Businesses now only pay for quality applications matching their sponsored job description. Get started now at Indeed.com/ILAB

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:18 – Where would you diversify your investments right now?
13:35 – What are thoughts on the current economic downturn?
20:41 – During the bear market, are you buying on the way down?
23:17 – When buying a business what are the more creative deal structures to minimize cash to close?
28:05 – What are your thoughts on buying land in Thailand?
32:40 – What do you think about saving liquid assets?
36:10 – How did you get your portfolios to get dividends?
40:40 – How has starting this podcast changed your life?
46:40 – Have you ever visited parts of China where your family originated from?
49:50 – Who are some of your heroes?
51:50 – What do you think life would be like if you were married and have kids?
54:44 – What has been your biggest challenge living all over the world?
57:33 – What does your average day consist of?

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!

**236: Expenses of Owning a Car** Jul 07, 2022
Johnny and Derek do a one-on-one episode about a subject they are both passionate about – cars! We try not to bring them up too much in the show, but both guys are certified car nuts, so this is a fun episode that hopefully you’ll get something out of as well. Your car is an expense that often gets overlooked as many deem it a necessary cost to live life. Nonetheless, the guys talk how to find a deal in this crazy car market, new cars they are in the market for, cars they love, cars they hate and more in this fun riff of an episode.

Listen to ILAB 236 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Montenegro / IG @johnnyfdj

Sam Marks – Barcelona / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Netsuite
Join the #1 Cloud Financial System now at NetSuite.com/ILAB and receive a special one-of-a-kind financing offer.

**Discussed:**

Everyday Driver

The Smoking Tire

Johnny’s Porsche he bought in Kyiv

Derek ordered a Ford Maverick similar to this which should arrive late 2022

**Like these investments? Try them with these special ILAB links:**

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)

*Johnny and Sam use all of the above services personally.

**Time Stamp:**

04:08 – What is the cost per month of owning a car?

08:00 – Derek’s parking side hustle

09:26 – Is car ownership the worst investment?

11:16 – Derek’s other instagram

12:17 – Johnny’s and Derek’s favorite car podcasts

15:40 – Johnny and Derek discuss options of renting cars

19:50 – Johnny bought a car

33:21 – Derek is ordering a new car

38:04 – Johnny used to own a Miata

41:11 – Johnny’s first car

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!

Copyright 2022. All rights reserved. Read our disclaimer here.

235: Composer’s Quantitative Strategy Tool Let’s You Invest Like Hedge Funds Jun 30, 2022

Johnny interviews Composer CEO & Co-Founder Ben Rollert on this episode to talk quantitative strategies. If you aren’t familiar with quants, they’ve been used by hedge funds for decades to determine trades and were only available to those with advanced mathematics degrees until now. Composer has created an easy to use tool featuring hundreds of pre-determined strategies aka “symphonies” like following your favorite billionaire investor, buying dips in sectors, hedging inflation and so much more. After the interview, Johnny and Derek go through some of the various pre-determined “symphonies” and which ones they’d execute in their own portfolios.

Ben Rollert has over a decade of experience in product and data science leadership roles. He was previously VP of Product and Data Science at Breather, a work space as a service company. Ben has been an active trader and investor since he was a teenager, and founded Composer in response to his own frustration with the difficulty of implementing automated trading strategies. Today, he serves as CEO of Composer, the premiere no-code platform for building and investing in algorithmic investing strategies. Composer has raised funding from First Round Capital, Alumni Ventures and Packy McCormick’s Not Boring Fund.

Composer is the next generation of active investing. Invest in a portfolio of rules-based strategies. Or build your own. No code, no spreadsheets, no manual investing. Let algorithms execute trades for you. Choose from our growing collection of ready-made strategies. Explore momentum, paired switching, and other hedge fund-like styles. Open up a strategy to view its performance and live holdings. See how it works in both visual form and in plain language. Use the strategies as is or edit as you wish. You can also use a no-code visual editor to create and modify strategies.

Listen to ILAB 235 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Montenegro / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Discussed:

Composer

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

07:55 – How do you explain to someone what Composer is?
08:53 – Was this possible 10 years ago?
12:04 – How does Composer compare to index funds?
16:42 – How does “buy the dips” work?
18:03 – How does the “risk on/off leverage S&P500” work?
21:53 – Are any features you find stand out more than the others?
24:35 – What are the biggest benefits of Composer?
32:11 – Who can invest, and what is the minimum to start investing?
34:18 – What fees are associated with composer?
37:06 – Derek and Johnny 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!

234: Sam & Derek’s Metaverse Portfolio Update Jun 23, 2022

Sam and Derek provide updates on their drastically down metaverse portfolios. They go over each individual holding and their respective current losses in this bear market. They also indicate why they are still excited about this space and which companies they are continuing to invest in. Individual stock holdings mentioned in the episode: $AI, $AMD, $ATVI, $BILI, $AVID, $EA, $KWEB, $MTTR, $COIN, $NHNCF, $RBLX, $SONY, $U

Listen to ILAB 234 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Balkins / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

05:55 – Let's start by talking about crypto
11:35 – What about private investments?
19:24 – Let’s talk about my favorite mataport?
23:05 – Let's talk about bmobile
28:58 – What about stocks?
38:44 – How do you predict the stocks and what do you buy into now?
41:20 – What is our benchmark?
47:14 – Is now the time to invest in the metaverse for the first time?
51:59 – What is the plan going forward?

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!

**233: Our Investment Plan for the Bear Market** Jun 16, 2022
Johnny and Derek do a 1 on 1 episode discussing their investment plan

for the ongoing bear market. What’s changed in their philosophy, now that everything is not just blindly going up, dealing with inflation and what they’re buying/avoiding in today’s market.

Listen to ILAB 233 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Balkins / IG @johnnyfdj

Sam Marks – Barcelona / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Shopify
Get 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Support Invest Like a Boss: Join our Patreon

**Discussed:**

222: Emergency Funds 101 - Invest Like a Boss

167: 2021 Bitcoin Outlook with Stephan Livera - Invest Like a Boss

186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss - Invest Like a Boss

218: Saifedean Ammous Explains The Bitcoin Standard - Invest Like a Boss

203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall - Invest Like a Boss

**Like these investments? Try them with these special ILAB links:**

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)

*Johnny and Sam use all of the above services personally.

**Time Stamp:**

03:33 – What is a Bear Market?

06:11 – Gas Prices all over the world

11:10 – How much do you think car and housing prices have changed?

16:38 – What is happening with crypto?

22:26 – How has the NFT market changed?

28:26 – What is the first thing to do to change with the bear market?

31:45 – What is the second move to make?

34:55 – What categories have not decreased with the bear market?

38:34 – Do you buy more or do you sell with the bear market?

44:02 – Do you know how many recessions they had in the last 20 years?

54:49 – What is an I-Bond?

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!

Copyright 2022. All rights reserved. Read our disclaimer here.

232: Sam Marks on Building & Exiting His $100M Business with Justin Donald Jun 09, 2022

We pull Sam's recent interview from Justin Donald's "Lifestyle Investor Podcast" for our bosses to hear in case they missed it. Sam and Derek provide intro/outro duties to help set up the interview and elaborate further on Sam's journey to a $100M exit with his company at the end of the show.

Entrepreneur Magazine calls Justin Donald “The Warren Buffett of Lifestyle Investing.”

Imagine being able to earn passive income, long-term equity, and achieve financial freedom while gaining total freedom from your business or a job. That’s what Lifestyle Investing is all about.

Justin Donald has mastered the low-risk cash flow investment principles he shares with entrepreneurs around the world. His alternative investing principles center on creating passive income and significant wealth while liberating yourself from a day-to-day job so you never run out of money.

His innovative mindset principles and 10 commandments of Lifestyle Investing have released scores of entrepreneurs from the “golden handcuffs” that came with running life-consuming enterprises.

This show focuses on showing today’s entrepreneurs and business executives how to think and invest to limit risk, maximize repeatable returns, and achieve retirement goals through his proven passive income cash flow strategies.

Justin’s principles enable you to move from an “earned income” career to support your lifestyle with passive cash flow investments including real estate, operating companies, debt, equity, and franchises that give you the absolute freedom to live the life you truly desire.

Interviews with top thought leaders, such as, John Lee Dumas, Ryan Levesque, Hal Elrod, Jon Vroman, Mike Koenigs, Phillip Stutts, Rob Dial, John Ruhlin, Brad Johnson, Robert Glazer, Mike Michalowicz, Geoff Woods, Steve Sims, and many more!

Listen to ILAB 232 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Poland / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

07:57 – Can you tell us some of your “setbacks” at college?
12:57 – Tell us about your travels internationally?
14:10 – Did you move to the UK because of business opportunities?
19:38 – Can you tell us about selling your company for $100M?
22:48 – Can you explain the highs and lows about the experience?
27:19 – When did you pivot to the podcast?
33:32 – What are the lessons you learnt in the transition?
39:53 – How have you merged your investing into a lifestyle?
51:00 – Derek and Sam 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!

**231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei** May 26, 2022
Derek interviews European Watch Company representative Joshua Ganjei about the explosion of interest in trading and investing in luxury watches. Joshua breaks down watch culture, what the market looks like, what brands/models are hot and which watches are the most sought after today. Then Derek and Johnny share their experiences with high end watches and how they're looking to get in on this opportunity.

Established in 1993, European Watch Company is one of the premier watch dealers in the world. This family business strives to treat you like family. European Watch Company offers seamless and trusted watch buying, selling and trading services globally. The 5- Star reputation, and the curated selection of the finest timepieces in the world is what sets this business apart. The in stock inventory listed on the website is always up to date, and is ready to be shipped globally to your door. Download the iOS app from the App Store to see a continuously updated inventory of the finest watches in the world.

Listen to ILAB 231 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Poland / IG @johnnyfdj

Sam Marks – Barcelona / IG @imsammarks

Derek Spartz – Los Angeles / IG @DerekRadio

**Sponsor:**

Netsuite
Join the #1 Cloud Financial System now at NetSuite.com/ILAB and receive a special one-of-a-kind financing offer.

Support Invest Like a Boss: Join our Patreon

**Discussed:**

European Watch Co (@europeanwatchco)

European Watch Company

European Watch Co: buy or sell on the App Store

Johnny’s new ‘luxury’ watch mentioned in the episode

**Like these investments? Try them with these special ILAB links:**

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)

*Johnny and Sam use all of the above services personally.

**Time Stamp:**

10:23 – How did you get involved in the business?

16:33 – Can you tell us more about your business?

18:33 – Is your business mainly local or international?

21:05 – How has the interest in the industry increased over time?

27:35 – What is the average type of collector?

31:10 – Do you have a suggestion for a “starter” watch for a collector?

35:51 – Are the collectors more interested in the older models or the newer models?

39:34 – Are watch companies doing collaborations?

42:16 – How do you ensure authenticity?

45:05 – Any recommendations for keeping the quality of the watch?

47:30 – Is there a way to buy one at a retail place?

49:05 – Patreon Question: How much for a Rolex day date?

51:07 – Patreon Question: How has smart watches affected traditional watches

53:00 – Patreon Question: What's the best way to appraise a watch?

54:10 – Patreon Question: How much higher can the Rolex Royal Oaks keep going?

55:42 – Patreon Question: What are your thoughts on a non-swiss brand?

57:33 – What are your favorite watches in your collection?

63:17 – Derek and Johnny 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!

Copyright 2022. All rights reserved. Read our disclaimer here.

230: Johnny's Update on the Ground From Ukraine May 19, 2022

Johnny and Derek discuss in long form what's happening on the ground in Ukraine. Johnny crosses back over the border and breaks down what everyday life looks like now since the war with Russia has begun. They discuss the different regions of Ukraine, where Russia has attacked, what's still open, how people are maintaining "normal" lives during wartime & more. Johnny also gives an update on the state of his properties in Ukraine plus what his plan is going forward in Ukraine.

Listen to ILAB 230 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Poland / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Johnny, Sam & Derek have donated $1,000 to Ostrovok, a school for Ukrainian refugees. You can learn more about them and donate yourself Here

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

05:00 – Can you describe Ukraine?
07:42 – Why are certain cities or regions of Ukraine important to Russia?
19:15 – How did you get back into Ukraine?
23:00 – Tell us about the project you have raised money for through Go Fund Me
27:46 – How has the war affected the currency of Ukraine?
30:35 – What is it like for the operation of businesses?
34:54 – Tell us about Kiev
41:43 – How many people would you say are still in Kiev?
48:46 – Can you give us an update on your properties in Kiev?
51:01 – Is there a lot of looting happening in Kiev?
56:33 – What do you see the future of Ukraine is?

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!

229: Sam's Firsthand Bordeaux En Primeurs Week Experience May 12, 2022

A follow-up to ILAB Episode 228, Sam shares his personal experiences at Bordeaux's famed "En Primeurs" week. He went along with Julien Angevin, who is the curator for Volume Wine Vault. They tell us about the experience tasting, investing and the attitudes that these vineyards carry toward pure wine investors.

Listen to ILAB 229 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Composer
Composer allows you to build a portfolio of hedge fund-like strategies using quantum mathematics. Get started FREE today at composer.trade/boss
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

03:35 – How did Sam meet Julien in Bordeaux?
09:45 – Sam’s first experience with burgundy wines
17:30 – What happened on the 1st day of “En Primeurs” day?
30:49 – The experience of tasting at Joannne’s
40:52 – Discuss the rest of the day after Joanne’s
50:08 – Can you explain the pricing?
56:00 – How has Julien helped Sam acquire some of the top 25 wines?
62:00 – Do you have competitors?
68:00 – Sam Outro

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!

228: Investing in Bordeaux "En Primeur" Wine Futures May 05, 2022

Sam interviews Cult Wines CEO Tom Gearing for the second time (first appearance ILAB 161), to get a more specialized look at the most important wine region in the world. Bordeaux, France has an annual wine futures purchasing period called "En Primeur" and Tom explains how to get involved in this and find the best values for future wine profits. Then Sam and Derek talk about their thoughts on wine and how we've progressively covered this subject on ILAB. Sam also teases that he will give a first hand telling of his experience at En Primeur in the next episode as Sam actually attended the event and was able to sample over 100 wines from the barrel.

Listen to ILAB 228 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

13:10 – Is this “En Primeur” 2021 or 2022?
14:10 – Is this event unique to bordeaux?
16:17 – What happens at “En Primeur” week?
19:18 – Who can go or would you expect to see at the event?
20:50 – Are all the local growers participating?
25:35 – How much of the chateau’s production is sold at “En Primeur”?
28:33 – How does the tasting and buying work?
34:20 – Does the release price change every year?
39:52 – Can anyone attend the event?
42:25 – Historically, has allocation yielded a positive return?
47:35 – Is there a plan to how much of Cult Wines purchasing is allocated to “En Primeur”?
52:57 – Patreon question: Are you working with Blockchain technology to track wines?
54:11 – Patreon question: Is there a solution to being denied cards even with a high enough credit score?
57:45 – Any wines you are particularly interested in?
60:04 – Sam and Derek 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!

227: Travel for (Almost) Free with Credit Card Points Hacking Apr 28, 2022

Derek interviews Mile Method's Trevor Wright to talk about his secrets of flying around the World for (almost) FREE. Trevor has flown to 133 countries for an average of $16/flight! Johnny also hops on the intro and outro to tell us about his place in Kyiv, which is where he's recording this episode from. Derek and Johnny talk about their experiences with points, flying and whether chasing the points game has paid off or not for each of them.

North Dakota-born, Nebraska-raised, Trevor's globetrotting has spanned the spectrum from study abroad student to broke backpacker to luxury traveler. He has averaged $16 per flight to 133 countries while staying free in some of the world's most prestigious hotels. In 2014 Trevor started MileMethod, a 1-on-1 service that earns US clients enough miles/points via credit card signup bonuses to visit their Top 3 Destinations at 95%+ discounts.

Listen to ILAB 227 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

NOVO
Sign up for your FREE business checking account RIGHT NOW at Novo.co/ILAB. Plus, Invest Like A Boss listeners get access to over $5,000 in perks and discounts.
Support Invest Like a Boss: Join our Patreon

Discussed:

MileMethod
IG : @milemethod

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

14:09 – How did you get started using the points programme?
16:43 – How do points programmes actually work?
21:57 – What airlines have you found to be the most generous?
24:44 – How have the airlines made adjustments to affect their bottom line as a result of Covid-19 pandemic?
26:51 – How do you find the best sign up offer for a card?
28:35 – What do you think about the other sites which use affiliate links?
32:10 – How does signing up for the cards affect your credit score?
36:01 – Is the card useless after you sign up and use the miles?
39:14 – How come no credit card company red flags you?
41:19 – What are you looking for in an ideal client?
45:00 – What is your fee structure for your clients?
46:26 – How do people meet the minimum bonus?
48:08 – Why not just sign up for a “cash back” card?
52:00 – Patreon question: Are there still airlines doing mileage runs which are economical?
54:11 – Patreon question: Is there a solution to being denied cards even with a high enough credit score?
56:26 – Patreon question: What are the options for non-american clients?
58:56 – What are some fun trips you have been on?
62:14 – What do you see on the horizon with the points programmes?
66:05 – Johnny and Derek 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!

226: Economics of Adult Entertainment with Dan Leal Apr 21, 2022

This episode contains adult themed content, but we tried to keep it as PG-13 as possible! Johnny interviews "Porno Dan" Leal, who has been a porn producer and actor for over 20 years where he's produced over 5,000 scenes. Dan tells us about the economics of getting into the adult entertainment industry. Learn about how little performers make in scenes and how much they make branding on their own in today's world of OnlyFans. Johnny and Derek discuss takeaways from the interview at the end and discuss a bit about their experiences dealing with people in the industry.

Porno Dan is an American pornographic movie director and actor. He has been nominated for over 150 AVN Award, XBIZ Award and XRCO Award nominations and was inducted into the AVN Hall of Fame in 2015

Listen to ILAB 226 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Poland / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

“Danland” Trailer- Porno Dan’s Documentary

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

06:36 – How did you get into the Adult Entertainment Industry?
11:13 – What is the rate for an Actor/Actress in the industry and how has it changed?
13:55 – What is feature dancing?
18:31 – Who’s idea was it to create a ”hub” for adult entertainment?
21:51 – How do many people get started in the industry?
25:02 – Is it true that the “tube” sites aren't profitable?
26:22 – How do you make money as a video producer?
29:03 – How has government regulation changed?
30:52 – Hypothetically how would you get into the industry now?
35:05 – What are your thoughts of celebrities releasing sex tapes?
38:54 – Can you explain the idea of how you and Johnny are raising money for Ukraine?
45:16 – Johnny and Derek 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!

225: Q1 2022 Quarterly Update with Sam & Johnny Apr 14, 2022

Johnny and Sam recap the most tumultuous quarter in ILAB history. Everything from escaping the war in Ukraine and leaving the fate of his properties behind, to then going to Hungary, Greece and now Poland for Johnny. During this time, Sam left Spain and decided to start a motorcycle trip around Thailand. And that's just the lifestyle update for the audio podcast portion! If you'd like the full episode with portfolio breakdowns and the announcement of major changes to ILAB coming soon, you have to be a Patreon. You can sign up now to instantly access for as low as $5/month HERE.

Listen to ILAB 225 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Poland / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Commonstock
Commonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock.com
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

05:25 – How has Johnny been handling the war in Ukraine?
19:16 – Johnny talks about this tiny winery?
23:18 – How do you feel, Sam, about owning multiple properties around the world?
25:54 – Johnny and Sam talk about being American and preferring to live outside of the US
32:45 – Sam talks about a fundraiser for Ukraine he was involved in?

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!

224: Tax Savings Hacks 101 with Johnny & Sam Apr 07, 2022

It's tax time in the United States, so Johnny and Sam go over some of the (legal) tax hacks they've learned about and taken advantage of over the years. Many of these may apply to other residents of other countries as well, so find out what you may be missing out on in this episode. If you have more hacks to add, make sure to let us know!

Listen to ILAB 224 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

10:19 – Would you consider giving up your American citizenship?
15:45 – What is earned income?
20:39 – What is FEIE?
28:18 – What are the tax advantages of living in Puerto Rico?
32:09 – What is the Self-employment tax and how do you work around it?
36:02 – What is Capital gains?
43:27 – How is starting your own business one of the biggest tax breaks?
55:09 – What is a health savings account?
57:31 – What is a donor advised fund?

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!

223: Intro to Digital Land Investing with WeMeta CEO Winston Robson Mar 31, 2022

This is our first episode on the topic of digital land investing. Derek interviews WeMeta CEO/Founder Winston Robson to get an introduction to digital land and how it differs from physical land. They go over use cases, restrictions, future potential and challenges for digital real estate. It's super early in the space, but there are a lot of people betting on the future of land in the metaverse. Derek and Johnny end the episode with their takeaways on digital land and potential use cases of the metaverse.

Winston Robson is a data scientist and CoFounder at WeMeta. Inspired by the open source capabilities within the MetaVerse, Winston launched the company in May of 2021. Originally from Los Angeles, Winston combined his knowledge of the real estate market and engineering capabilities to create the world’s most thorough MetaVerse real estate analytics platform: WeMeta. The company helps investors source through available MetaVerse properties and make sound investments.

Listen to ILAB 223 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

NOVO
Sign up for your FREE business checking account RIGHT NOW at Novo.co/ILAB. Plus, Invest Like A Boss listeners get access to over $5,000 in perks and discounts.
Support Invest Like a Boss: Join our Patreon

Discussed

WeMeta, the leading digital land marketplace

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

10:10 – Can you tell me about your background and how you started WeMeta?
15:45 – Why should someone invest in digital real estate?
17:30 – How can you stop platforms from adding land making it infinite?
19:22 – Can you split up plots to fractionalise?
20:40 – What kind of activity are you seeing from the top 3 platforms?
23:05 – Are there alot of “land owners” in the various platforms?
24:32 – Why is dentraland plots more valuable than sandbox?
26:00 – What happens if a platform shutdowns or merges?
27:00 – Why does the plot of land actually look like?
28:08 – Why are there roads in the metaverse?
29:36 – What are the factors to consider with digital land?
31:05 – Does digital land have residential or commercial, etc zones?
32:43 – How can you purchase land in WeMeta?
34:14 – Does the land value change with the cryptocurrency value?
35:56 – What kind of land value growth are you seeing?
39:28 – How do you value a property?
42:22 – Do you find people are flipping undeveloped land, or are they building on it then selling it?
46:45 – How does WeMeta profit from this?
49:12 – What are you looking at to purchase now?
45:42 – Johnny and Derek 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!

222: Emergency Funds 101 Mar 24, 2022

Johnny & Derek go over everything related to the ever important "Emergency Fund". From how to save for it, where to store it, use cases where it saved them and more. It's extremely important to have readily accessible funds for emergencies, but many people still don't do it! Listen to this episode and get your emergency fund sorted before you need it.

Listen to ILAB 222 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Greece / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

05:55 – What’s the percentage of Americans who can cover a $400 emergency?
09:05 – First you need to work out how much you need for an emergency fund?
12:53 – Where do you keep the money?
16:16 – Don’t have your money all in one currency
20:55 – What about saving some money in Bitcoin or other crypto currencies?
25:30 – Where can we get the best yields in savings accounts?
28:17 – Should you use emergency funds to cover Debts?
29:47 – What steps to take to get the emergency fund started?
33:41 – How Johnny started his Emergency fund

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!

221: "Adventure Capitalist" Author Jim Rogers Mar 18, 2022

A book mentioned many times over on ILAB throughout the years is "Adventure Capitalist" and we were finally able to speak to author Jim Rogers on this episode! Sam and Derek kick off the show both talking about the influence of the book and then jump into the interview. Sam interviews Jim where he touches on his experiences visiting nearly every country in the world, even ones at war during the time. Jim then speaks of his views on the current state of the economy, what markets you should be looking to invest in, the importance of history to the economy, and where he plans on traveling to next. Sam and Derek wrap up the show with travel experiences of their own and what they think about Jim's thoughts on the future, especially with regards to China.

Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator, adventurer, and successful international investor. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, The Business Times, The Straits Times and many media outlets worldwide. He has also appeared as a regular commentator and columnist in various media and has been a professor at Columbia University.

After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37. Continuing to manage his own portfolio, Rogers kept busy serving as a full professor of finance at the Columbia University Graduate School of Business, and, in 1989 and 1990, as the moderator of WCBS's 'The Dreyfus Roundtable' and FNN's 'The Profit Motive with Jim Rogers'.

In 1990-1992, Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analyzed the countries through which he traveled for investment ideas. He chronicled his one-of-a-kind journey in Investment Biker: On the Road with Jim Rogers. Jim also embarked on a Millennium Adventure in 1999. He traveled for 3 years on his round-the-world, Guinness World Record journey. It was his 3rd Guinness Record. Passing through 116 countries, he covered more than 245,000 kilometers, which he recounted in his book Adventure Capitalist: The Ultimate Road Trip. His book, Hot Commodities: How Anyone Can Invest Profitably In The World's Best Market, was published in 2004. Another of his books A Bull in China describes his experiences in China as well as the changes and opportunities there. His recent book A Gift to My Children is a heartfelt, indispensable guide for his daughters (as well as for all adults and children) to find success and happiness. His latest memoir Street Smarts: Adventures on the Road and in the Markets was published in February 2013. Recently in January 2018, his book A Gift to My Children, 2nd edition which was published in Chinese, was launched in China. And in October 2018, another of his book The Next Big Wave, published in Complex Chinese, was launched in Taiwan. Rogers had two number one bestsellers in Japan namely The Future of Japan and A Warning to Japan that were published in January and July 2019 respectively.

WCBS's 'The Dreyfus Roundtable' and FNN's 'The Profit Motive with Jim Rogers'. book The Next Big Wave, published in Complex Chinese, was launched in Taiwan. Rogers had two number one bestsellers in Japan namely The Future of Japan and A Warning to Japan that were published in January and July 2019 respectively.

Listen to ILAB 221 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Budapest / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Commonstock
Commonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock
Support Invest Like a Boss: Join our Patreon

Discussed:

Jim Rogers (Official Wedbsite)

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:08 – Tell us about your Guinness Book World Records?
09:40 – Did you have any difficulties receiving permissions for your travels?
11:26 – How did you communicate in these foreign countries without speaking the language?
12:38 – Did you have a plan for these trips or was it kind of a day-to-day?
15:12 – Can you explain the dynamic of “borrowing short and committing long”?
17:19 – What kind of investments were you looking at during your travels?
18:27 – Who is the best investor you have worked with?
19:27 – Can you talk about a fund you had with George Soros?
20:50 – Patreon Question: What do you think about the prediction that the US Stock market is a super bubble about to pop?
25:33 – What do you think would be some big changes if you were to take the same trip around the world you did 20 years ago?
27:16 – Do you have any big trips planned?
28:11 – What investing advice do you give to your kids?
29:19 – How do you like Singapore in terms of economy?
33:17 – Sam and Derek 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!

220: Cryptocurrency Tax Hacks with Chris Kotarba Mar 10, 2022

This episode kicks off with Johnny telling of the journey to make it out of Ukraine safely. This sparked a conversation on the importance of bitcoin and other cryptocurrencies in times of war and failing fiat currencies. Then the show jumps to longtime ILAB listener and tax professional Chris Kotarba (Chris K) who explains ways, for U.S. citizens in particular, to hack the system and legally save on taxes. Legislation rules in place for other investments do not necessarily apply to crypto, so he explains how you can potentially save a lot on your taxes if you are holding crypto. Then Sam and Johnny circle back to share thoughts on the complicated tax situation around crypto and tease an upcoming 101 episode on more broader tax hacks.

Chris Kotarba (“Chris K”) is a Managing Director with Alvarez & Marsal Taxand, LLC in San Jose. He specializes in international tax and his primary areas of concentration are planning, structuring, and transfer pricing, both outbound and inbound, for multinational companies of all sizes. Mr. Kotarba has worked with clients across various industries, including retail, technology (both software and hardware), pharma, medical devices, and financial services. He has specialized expertise in transactions involving cryptocurrencies, NFTs, and other digital assets, including ICOs, forks and token swaps.

Prior to joining A&M, Mr. Kotarba spent eight years as an attorney with DLA Piper in Palo Alto. He led more than a dozen global expansions and other corporate restructuring projects, developed a focus for US companies with Asian operations and closed a high-profile joint venture in China. Mr. Kotarba also helped companies onshore their IP to the US, both permanently and temporarily. He was briefly seconded to DLA Piper’s Hong Kong office, where he worked with Asian companies expanding to the US.

Mr. Kotarba earned a JD from Columbia Law School and a LLM in taxation from NYU School of Law. He is admitted to practice law in California, New York, and Massachusetts. Mr. Kotarba is the current President of the San Francisco Foreign Tax Club.

Listen to ILAB 220 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Budapest / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access to Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

10:13 – Can you tell me about your career background?
12:28 – What kind of income does cryptocurrency fall in?
17:47 – Do you get tax credit if your crypto value reduces?
18:53 – Can you use capital losses in future years like a rollover?
20:18 – Are all cryptocurrencies taxed the same way?
21:39 – How does someone report this to their tax professional?
25:37 – Is there a minimum to be reported?
26:16 – What is the penalty for not reporting?
29:13 – Is there a statue of limitation?
31:10 – What happens if you sell your crypto after moving to another “tax friendly” location?
36:33 – Would you suggest selling anytime you think a crash is coming?
45:42 – Johnny and Sam 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!

219: FarmTogether CEO Artem Milinchuk Returns to Talk Rapid Growth of Farmland Investing Mar 03, 2022

FarmTogether Founder & CEO, Artem Milinchuk, returns to ILAB exactly one-year later to talk about their incredible growth as they approach nearly $200M AUM, as well as their commitment to funding sustainable and prosperous farming. Check out Artem's first appearance on Episode 172 to hear the basics and come back to this episode to hear about the advancements they've made since then. Johnny and Derek also discuss the challenges facing the U.S. food system, and of course, Johnny addresses the tense situation with him in Ukraine while Russia is in the middle of an invasion.

FarmTogether is a farmland investment manager powered by cutting-edge tech. For the first time, accredited investors have access to fractional shares of institutional-quality farmland, without the steep price tag or previously required farming know-how. Through the FarmTogether platform, investors are able to browse carefully vetted farmland investments, review due diligence materials, and sign legal documents, seamlessly online.

Artem has over 11 years of finance experience in food, agriculture, and farmland. He holds an MBA from The Wharton School, and a BA and MA in Economics from the Higher School of Economics. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce. He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y and PwC.

Listen to ILAB 219 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Discussed:

FarmTogether
Mention "Invest Like a Boss" in the podcast section under how did you hear about us
Episode 172: Invest in Farmland with FarmTogether CEO Artem Milinchuk
Detailed Update on FarmTogether by Artem Milinchuk

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

11:29 – What has changed in the past year for FarmTogether?
13:04 – Is it more profitable that all your deals are now certified and sustainable investments?
16:48 – Is it a correlated asset with residential/commercial real estate?
17:44 – Did the recent stock market hit affect the farm industry?
19:15 – Can you describe some of the sustainable practices employed on your properties?
21:11 – Is it possible to scale up regenerative practices used in small farming?
25:45 – Can you expand on the Leading Harvest Farmland Management Standard?
27:25 – How have you seen the alternate asset space improve over the last few years?
28:45 – Have there been any deals that have gone full circle?
30:55 – Do you have any foreign investors on your platform and is it still only available to accredited investors?
32:27 – Can you talk about some of the previous funded deals on your platform, such as the timeline and returns?
36:10 – Why do investors choose this asset class?
38:46 – Can investors visit the farms?
45:42 – Johnny and Derek 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!

218 : Saifedean Ammous Explains The Bitcoin Standard Feb 24, 2022

Sam and Derek take a deep dive into Bitcoin as it pertains to use cases, perception, future growth, inflation and more. Sam interviews Saifedean Ammous, author of The Bitcoin Standard, who was once a critic of Bitcoin himself but now has seen the power of its capabilities. Saifedean expertly drops deep knowledge on all things Bitcoin and explains why it is a superior alternative to fiat currency.

Dr. Saifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the best-selling groundbreaking study of the economics of bitcoin. The book was a pioneer in explaining bitcoin’s value proposition as the hardest money ever discovered, and the only working alternative to national central banks for international payments.

Dr. Ammous holds a PhD in Sustainable Development from Columbia University, where his doctoral thesis studied the economics of biofuels and alternative energy sources. He also holds an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering from the American University of Beirut.

Listen to ILAB 218 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Saifedean Ammous

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

12:24 – How much additional research did you have to do to write “the Bitcoin Standard”?
14:03 – Were there any significant moments which may have shifted your thinking towards crypto currency?
19:22 – Is there any interest for governments to issue “sound” money?
22:17 – Are multiple countries required to revert to ”sound” money for it to be beneficial?
26:52 – Do you think the 14% supply growth rate is directly correlated to inflation?
32:05 – Does the US have concern for maintaining the USD as the primary reserve currency?
36:30 – What is the significance of countries accepting Bitcoin as a form of currency?
38:57 – Are there any trends which indicate Bitcoin is becoming more stable?
45:12 – How much BItcoin is “lost”?
45:59 – Patreon question: Do you think powerful governments will look to buying bitcoin?
47:21 – Patreon question : What kind of people have reached out to you about your book that surprised you?
48:55 – Patreon question : How did it feel to “orange pill” Jordan Peterson?
54:07 – Derek and Sam 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!

217 : Codie Sanchez on Overcoming Obstacles to Hustle & Think Like a Contrarian Feb 17, 2022

Codie Sanchez is the founder of Contrarian Thinking, a newsletter, and media company read by hundreds of thousands about thinking critically and cash flowing unconventionally. She owns 25+ boring businesses and is known for making Main St. sexy again. Before being an investor and writer, she ran a cannabis PE fund, Latin American investment biz, worked at Goldman, Vanguard and was a conflict journalist in Mexico.

Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Commonstock
Commonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock.com
Support Invest Like a Boss: Join our Patreon

Discussed:

Contrarian Cashflow
Use INVESTBOSSCT for 20% off your first year’s membership to Contrarian Cashflow - If you're ready to learn about cash-flowing assets and passive investments, join our premium community Contrarian Cashflow, for playbooks, exclusive interviews, an online community, and more.
Twitter: @codie_sanchez
Instagram: @codiesanchez

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:35 – Can you tell us some of your backstory?
10:52 – How did you illegally cross the border?
12:55 – Can you tell us about your time working for Vanguard?
15:16 – How did you get involved in the cannabis industry?
16:50 –What would you describe as the state of the cannabis industry now?
18:07 – How do you have time to make so much social media content and invest?
23:13 – What challenges have you had as a female in finance?
26:42 – What are your Top 5 side hustles?
29:43 – Have you noticed people missing the opportunity to get out of the business?
31:12 – Are you personally invested in anything in the market?
33:24 – Patreon question : What is the product line focus as it relates to the cannabis industry?
36:44 – Patreon question : Are the companies you are invested in looking at long term growth or quicker sale?
37:27 – Patreon question : Do you see any possible internationally dominant company in the cannabis industry?
38:49 – Patreon question: Has being hispanic helped you in the industry?
39:53 – Patreon question : What is your morning routine?
42:03 – Derek and Johnny 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!

216: How to Examine Charitable Organizations with Child's Dream Foundation's Marc Jenni Feb 10, 2022

Sam interview's Child's Dream Foundation's Co-Founder and Managing Director Marc Thomas Janni on how to properly vet out charities you're thinking of donating to. Sam and Johnny have both worked with Child's Dream in the past and they have seen their accomplishments first hand. Marc explains what to look out for when considering an NGO (Non-governmental organization) to donate to and speaks of the work Child's Dream has accomplished so far. Sam and Johnny circle back to reveal who they've been donating to and by what means it is done. The guys also explain the other benefits they've experienced with charitable giving,touch on some mistakes to avoid, and share experiences they've had in Thailand.

Marc Thomas Jenni is a Co-Founder and Managing Director Operations of Child's Dream Foundation. Marc serves in various boards of the Child's Dream charity family and chairs the board of the Thai foundation. He is responsible for the overall strategy of the organisation as well as for fundraising, legal, marketing, HR, compensation, audit and general operation. With a budget of over US$ 10 million, Child's Dream, with its over 55 colleagues, has implemented or runs over 800 charitable projects and programmes in Myanmar, Laos, Cambodia and Thailand, called the Mekong Sub-Region.

Marc's motivation to co-found Child's Dream stems from his experiences in working, living and traveling in Asia for many years. While working in Hong Kong and Singapore as a private banker, Marc had the privilege to meet many wealthy individuals who helped the less fortunate by making donations and volunteering in various charity projects in the region. This inspired him to do his part in making a difference for the underprivileged in society.

After nearly 20 years with UBS, Marc left the bank in 2003 to set up Child's Dream Foundation together with Daniel Siegfried. Marc is a ‘Swiss Certified Banker’ and an alumni of the Executive Program of the Swiss Finance Institute (formerly Swiss Banking School, Zurich) as well as the ‘High Performance Boards’ Program of the IMD Business School in Lausanne.

Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.
Support Invest Like a Boss: Join our Patreon

Discussed:

Child's Dream Foundation
Johnny supports Wor. Watthana Muay Thai Gym learn more at https://worwatthana.com/

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

10:38 – How did Child's Dream get started?
14:06 – How has Child’s Dream mission evolved?
19:14 – Where do you see the majority of human trafficking?
21:48 – Where is the operation focused in regards to education?
24:17 – How many schools have you built since you got started?
28:14 – Do you think charitable organizations are efficiently run?
36:38 – How do you know the money you are giving is going to a good cause?
42:30 – Is there a way to measure the NGO as a way to rate their efficiency?
45:18 – Are these ratings audited and therefore reliable?
47:50 – Do you know of any organizations which do great work in the area?
50:02 – Do you get donor support from corporate and/or governments?
53:35 – Sam and Johnny 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!

215: MLG Capital CEO Tim Wallen on the Current State of the U.S. Real Estate Market Feb 03, 2022

MLG Capital CEO Tim Wallen returns to the show (ILAB 121 - Investing in Private Real Estate Funds, with MLG Capital's Tim Wallen - Invest Like a Boss) to give us an update on how things have changed in the U.S. real estate market in the last two years. Sam asks about the returns on his personal investment in MLG Capital's Fund IV and how to get involved in MLG Capital's latest fund V. Tim also covers the effect of rising inflation, interest rates and securing cash flow in real estate. Plus, Wallen covers why MLG Capital focuses on middle America versus the coastal areas. Sam and Johnny circle back to compare Tim's thoughts to their own personal real estate holdings and how they will proceed with real estate ventures going forward. Johnny further elaborates on the tense situation with Russia and Ukraine, considering he now owns Ukrainian real estate.

Tim and his wife Julie have eight children and their first grandchild. He’s passionate about family, traveling, golf and skiing. Outside of work, you’ll likely find Tim spending time with his family, or traveling. Tim loves to live the MLG Capital concept of “Making A Difference While Making A Living”. Tim has helped launch two successful non profits utilizing MLG Capital’s facilities and staff. Tim recently launched “MAD Funds” which allows investors to allocate profit from MLG Capital Private Funds to help at risk youth. He’s also a board member of Lifesong for Orphans, which provides orphan care for over 6,000 children and financial assistance for adoptions.

Tim started his career as a CPA and Tax Manager with Price Waterhouse in San Francisco and Milwaukee. In 1989, he joined MLG Capital as the CFO and a Principal. In 2000, Tim became the CEO of MLG Capital. He has a BBA in Accounting and a Masters of Accountancy with a Tax concentration from University of Wisconsin Madison.

Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Discussed:

MLG Capital

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

12:04 – How long have you been involved with MLG?
13:04 – What makes MLG different?
15:43 – Can you give us an update on the company and since it was last you were on the show in 2019?
18:35 – How many assets do fund 4 and fund 5 have?
19:13 – What happens if the fund liquidates an asset?
20:45 – How did the MLG adapt to the Covid-19 pandemic?
24:32 – Can you explain why rates are going up and how that affects MLGs current assets?
27:22 – Would you suggest “Own your house and if you have extra invest in multi-family” as real estate advice?
28:22 – How do interest rates impact assets?
30:27 – Can you explain fixed rate and floating rate debt ?
36:12 – Can you explain how inflation rates affect your assets?
40:05 – Is it too late to invest in a Multi-Family?
45:46 – What areas are Fund 5 focused on?
46:50 – When fund 4 is complete can an investor roll it over to fund 5?
50:02 – Sam and Johnny 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!

214: Fine Wine Investing with OENO Group Jan 27, 2022

Sam takes a deeper dive into the world of fine wine with London's OENO Group to fdiscuss their approach to getting involved in the sector. OENO offers a new approach that we have yet to see in the wine space, only drawing commissions off profits with no management fees! Sam and Derek do a quick catchup on how their new year has started so far and share why they may not be starting so great. Then Sam interviews Chief Portfolio Manager Sid McNamara-Rajeswaran & Head of Asia Ashley Ling from OENO Group. Sam and Derek circle back to talk more about wine, what Sam currently invests in for wine, and what they think of OENO's business model. Learn more about investing now here

OENO, from Ancient Greek οἶνος (oinos “wine”)

Our award-winning, luxury wine company was born out of our founders’ and owners' passion for and knowledge of the world’s most profound wine estates. Our focus is on those unique wineries that are the best-of-the-best, giving wine collectors, on-trade businesses and winelovers alike access to the world’s most sought-after and exciting new wines.

The OENO wine team is responsible for sourcing and supplying our portfolio of wines to trade and private consumers. Our unique breadth and depth of contacts across the wine world gives us insider access to many of the world’s most exciting up-and-coming wineries as well as the classics with our team having native knowledge of France, Italy, Australia, Spain, Greece and South Africa.

The wine team is headed by Justin Knock MW, former UK Director of The California Wine Institute and brand ambassador for Penfolds.

Listen to ILAB 214 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Discussed:

OENO Group

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

13:33 – Can you provide a background on yourselves?
19:05 – Why is wine an interesting investment opportunity?
22:25 – What is the difference between OENO Trade and OENO Future?
28:52 – How do you prevent fraud and control procurement?
34:57 – Do you purchase older vintages directly from the vineyard?
36:51 – What regions do you focus on when purchasing?
44:04 – Can you talk about how much wine you have purchased and assets you have under management?
45:28 – Can you elaborate on OENO House?
52:23 – What are the fees associated with OENO?
61:35 – Sam and Derek 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!

213: ILAB 101 - The Incredible Math of Compounding Interest Jan 20, 2022

Sam and Derek take it back to basics with a special episode on the incredible math of compounding interest. They'll show you how anyone can passively become a millionaire with a little disciplined investing and time. This is an evergreen topic that has proven itself for decades and should apply to anyone for the foreseeable future. Make sure to share this one with family and friends who are new to investing or have yet to start!

Listen to ILAB 213 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – United States / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

06:32 – Quick background on Johnny Sam and Derek
11:05 – Establishing the actual financial dream
12:08 – Warren Buffett investment advice
14:08 – Albert Einstein compound interest quote
15:12 – What is Compounding Interest?
16:25 – Models of Compounding Interest
21:27 – Derek’s problem with Sam’s Chart
24:30 – The solution to the problem
31:23 – Johnny’s advice and tricks
39:50 – Index 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!

212: Commonstock CEO David McDonough Talks Social Media Influence For Traders Jan 13, 2022

On this episode, Derek interviews Commonstock CEO David McDonough to talk about their new social media platform catered specifically to traders. They go over the growing influence of retail investors, how Commonstock helps avoid fraudulent traders and the overall market of today. Then Johnny and Derek discuss how they are using Commonstock and their differing views on the retail investor/trader strategies.

Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Sign up for free now at Commonstock.com

David McDonough is the founder and CEO of Commonstock. His mission is to empower retail investors by providing a community of high-quality, education-focused, and verified investor content.

David was bitten by the investing bug shortly after graduating from Trinity College. He joined an investment club and threw himself into nightly economics and finance classes. He quickly realized how important high quality analysis and market savvy were to his success and saw how closely industry professionals guarded their knowledge. Frustrated by the insular nature of the industry, David made it his mission to open up the world of verified financial information to everyone.

His passion for the intersection of finance, technology, and community has taken him from investment roles at Greenspring Associates, to technology roles Google, and, now, to founding and leading Commonstock.

You can follow CEO David McDonough on Commonstock @McD

Listen to ILAB 212 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – United States / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:36 – Can you give us a brief on your background?
16:57 – Did the guys you were coaching mentor you or give you advice?
23:08 – What is commonstock?
24:21 – Do you have to link a brokerage account in order to use commonstock?
24:57 – Do you have to share all your trades?
29:02 – When did commonstock go live, and how many accounts do you have signed up?
32:35 – How much is focused on the security of the accounts?
34:52 – How is commonstock different from other sites like reddit?
38:02 – Do you think commonstock will become a market driver?
42:05 – Any standouts you can mention from recent history?
45:10 – Is there an education aspect of how individuals choose their investments?
46:56 – Do you get instant trade alerts from the individuals you follow?
50:06 – Where do you see the future of commonstock?
52:33 – Are there any future funding plans that the listeners can get involved in?
54:04 – What's the future of commonstock regarding monetization?
56:36 – Derek and Johnny recap

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!

211: Q4 2021 Update with Sam and Johnny Jan 06, 2022

Sam and Johnny go through their lifestyle updates in the 4th quarter of 2021. They then venture into their full financial updates through the quarter, including portfolio screenshots, that can be accessed by becoming an ILAB Patreon member for as low as $5/month by Clicking Here.

Listen to ILAB 211 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – United States / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access to Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

02:10 – Johnny and Sam talk about Christmas around the world and effects of Covid-19 and traveling
07:50 – Johnny and Sam talk about travelling the past two years during Covid-19 and what they want to experience in 2022
14:40 – Johnny and Sam discuss their regrets for 2021
22:34 – Johnny and Sam discuss going back to basics in terms of living and life
35:00 – Update on Sam’s property that was broken into

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!

210: Top 10 ILAB Guests of 2021 Dec 30, 2021

Johnny and Derek count down the Top 10 best Invest Like a Boss guests of 2021. They'll go over the episodes, how they came about, provide takeaways and audio clips from each interview. Votes were taken from the Boss Lounge, download counts and directly from Sam, Johnny & Derek to create the list. Another great year in the books for ILAB - thanks for your support and don't forget to tell us who your favorite in 2021 was!

Listen to ILAB 210 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – United States / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Ferret
Ferret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret.ai and use promo code BOSS
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:38 – #10 ILAB 174 Highlight Fahard Vladi
13:08 – #9 ILAB 170 Highlight Mike Vranjkovic
17:53 – #8 ILAB 197 Highlight Jon Radoff
21:01 – #7 ILAB 208 Highlight Ken Coleman
27:11 – #6 ILAB 177 Highlight Frank Song
35:26 – #5 ILAB 167 Bitcoin Stephan Livera
42:06 – #4 ILAB 206 DeFi Clayton Roche
48:41 – #3 ILAB 168 Drew Bledsoe
55:06 – #2 ILAB 194 Dutch Mendenhall
63:03 – #1 ILAB 190 KRBN Luke Oliver

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!

209: Why Capital Appreciation is More Important Than Cash Flow with Omar Khan Dec 23, 2021

Boardwalk Wealth's Omar Khan returns to Invest Like a Boss to talk capital appreciation with Sam. Omar tells us why you should stop focusing solely on cash flow and look to appreciation to truly grow wealth. Then Sam and Derek discuss Omar's ideas, go over their appreciable assets and do a general catch up as the year comes to an end.

Omar is responsible for capital raising, strategic planning and investor relations. He has over 10 years of global investment experience.

He has participated in capital financing and M&A transactions valued at $3.7 billion. He is a CFA Charterholder and graduated with honors from the University of Toronto with a B.Com in Finance.

Omar moved from Canada and lives in Texas with his wife and newborn son.

Listen to ILAB 209 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – United States / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Ferret
Ferret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret.ai and use promo code BOSS
Support Invest Like a Boss: Join our Patreon

Discussed:

Boardwalk Wealth
In the "Contact" section on BoardwalkWealth.com mention you are from Invest Like a Boss and they will unlock access to the Boardwalk Wealth mobile app with all the content for free, usually only reserved for investors.
Boardwalk Wealth (@boardwalkwealth)

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

09:15 – Can you explain Cash flow vs Capital appreciation?
20:22 – Can you do capital appreciation without generating cash flow?
21:47 – How do you determine how much to pay out as a dividend?
24:22 – Can you talk about one of the successful deals Sam is involved in?
27:10 – What do you do when you finally decide to sell?
28:22 – Were you concerned when covid-19 first began?
32:03 – How many projects do you currently have outstanding and how are they performing?
33:54 – Can you talk about the upcoming deal in Atlanta?
38:37 – How many other deals do you have starting up?
41:07 – With interest rates likely to increase, how would that affect your current and future projects?
43:13 – Do you have any projections for the future?
49:44 – Sam and Derek recap

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!

208: Dave Ramsey Personality Ken Coleman on How To Find Your Dream Job Dec 16, 2021

Derek interviews 'America's Career Coach' & Dave Ramsey Personality Ken Coleman on his new book From Paycheck to Purpose. They go over his 7 stages to go through in the process of finding your dream job. Then, Johnny & Derek talk about their own personal journeys of feeling stuck in dead end jobs and how they switched their paths to be where they are now.

Ken Coleman is the #1 national bestselling author of The Proximity Principle and nationally syndicated host of The Ken Coleman Show on the Dave Ramsey Network. Pulling from his own personal struggles, missed opportunities and career successes, Ken helps people discover what they were born to do and provides practical steps to make their dream job a reality. The Ken Coleman Show is a caller-driven career show that helps listeners who are stuck in a job they hate or searching for something more out of their career. His latest book, From Paycheck to Purpose, is available now.

55% of Americans anticipate looking for a new job this year. Whether you’re looking for a step up at work or a giant leap toward something new, there’s never been a better time in history to look for something more in your career.

National bestselling author and career expert Ken Coleman felt stuck with no clue what was next for him—that’s when he realized that being stuck was a choice! In his latest book, he draws on what he learned from his own ten-year journey as well as from coaching thousands of others to walk you through the seven stages to discovering and doing work that gives you both a great income AND big impact.

Listen to ILAB 208 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

13:20 – How did you find your own purpose?
17:03 – How did you start working with Dave Ramsey?
19:28 – What are the signs you see in people that aren't living their dream job?
24:44 – Is it a good time to change companies or look for promotion in the same company?
26:30 – How does your advice translate to entrepreneurs?
28:48 – How do you tell someone to leave their steady income to pursue their passion?
32:51 – How do you get experience when the job you want requires experience?
35:22 – How easy is it to get connected to the right people to open doors to your dream?
38:15 – How to overcome the emotions that hold you back?
45:05 – How do you develop winning habits and traits?
48:51 – What do you mean by “results that matter to me”?
53:06 – Patreon: How do you handle coworkers' judgement when you leave the daily grind to find your own path?
48:10 – Johnny and Derek recap

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!

207: NFTs 101 with Hashkey Group's Ben El-Baz Dec 09, 2021

An introduction to the world of NFTs with Hashkey Group's Ben El-Baz. Hashkey is one of the largest Digital Asset investors in Asia. Sam and Johnny catch up before the interview where Sam reveals that something shocking happened at his Barcelona condo while he was gone. Then Johnny jumps into the interview to get the basics on Non-Fungible Tokens and how they differ from Fungible Tokens. After the interview, Sam and Johnny circle back to discuss their takeaways on investing in NFTs.

Ben leads HashKey Group’s strategic partnerships, blockchain applications and asset tokenisation projects, and post-investment management of a US-based tokenised securities firm. Ben is also an Advisor to the Hong Kong Monetary Authority and Bank for International Settlements’ projects on tokenised financial products.

With over 13 years of experience in Silicon Valley, Mainland China and Hong Kong, he started his career as a derivatives trader, then as a China cross-borders corporate finance analyst, before moving into technology product management and business development, serving Big Tech clients like Microsoft, Google, and Amazon. Ben is a graduate of the Stanford Graduate School of Business, where he earned his Master’s degree in Management and led the university’s largest working group on blockchain applications.

Listen to ILAB 207 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Thailand / IG @imsammarks
Derek Spartz – Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

12:45 – What is Hashkey Group and how did you get started in this field?
13:29 – How long has NFTs been around?
14:51 – Why are NFTs so valuable?
16:50 – What are some of the popular NFTs?
19:38 – Do you think some of the big gaming companies get into NFTs?
23:18 – Are NFTs just an upgrade to buying and selling assets of previous games?
25:00 – What other ways do you see NFTs incorporated into the metaverse in the future?
30:03 – Why are “Gas” fees so high?
33:22 – What are the four types of NFT storage?
39:59 – Do you think it will evolve and what does the future hold?
43:38 – How does Hashkey help with NFTs?
48:10 – Johnny and Sam recap

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!

206: DeFi 101 - Introduction to Decentralized Finance with Clayton Roche Dec 02, 2021

Sam, Johnny & Derek all weigh on this introduction to Decentralized Finance AKA DeFi. Sam interviews DeFi Nation's Clayton Roche to go over the new types of financial tools available in DeFi and compares them to traditional financial institutions. Then Johnny & Derek recap the interview and give their thoughts on how they might utilize DeFi in the future. They also touch on what to look out for on these platforms that may be too good to be true. Use this episode as a stepping stone into the DeFi space and we will dig deeper into specific DeFi tools in future episodes.

Listen to ILAB 206 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Lithuania / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

RAD Diversified
RAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD offers monthly distributions, a 5% bottom-line guarantee, and achieved a 36.7% return in 2020.
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamp:

08:02 – What is Decentralized Finance?
11:25 – Why has the government allowed this?
16:49 – What are the bigger stable coins, and how do they work?
20:03 – Why would anyone own a stable coin?
21:32 – Is there a risk in creating a stable coin?
24:45 – Can you explain the borrowing and lending with crypto?
30:16 – What platforms do you use to borrow and lend?
33:10 – Is there more risk in using a centralized than a decentralized platform?
34:30 – What is staking?
38:35 – Can you use staking with “primary” coins?
41:38 – Is borrowing or staking simpler than how the literature appears?
45:34 – Can you explain the differences in centralized and decentralized exchanges?
49:45 – Would coin base be considered decentralized finance?
50:20 – Do you see DeFi overtaking traditional finance?
37:35 – Johnny and Derek recap

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!

205: Top 10 Listener Voted Non-Accredited Investment Platforms Nov 23, 2021

Johnny and Derek go over the listener voted Top 10 Favorite Investment Platforms for Non-Accredited investors. We polled the Boss Lounge and these were everyone's favorites. The guys go over which ones they also personally invest in and their thoughts (good or bad!) on each. Listen to the episode to hear the entire list!

Listen to ILAB 205 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Lithuania / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Ferret
Ferret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret and use promo code BOSS
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:34 – #10 Start Engine, Episode 121, Episode 179
13:53 – #9 Realty mogul, Episode 161
16:19 – #8 Betterment, Episode 45
21:37 – #7 Lending club, Episode 13
23:24 – #6 ArtofFX, Episode 3
25:49 – #5 Masterworks, Episode 146, Episode 193
28:23 – #4 AHP servicing, Episode 113
31:08 – #3 Worthy Bonds, Episode 150
35:03 – #2 Wealthfront, Episode 50
35:33 – #1 Fundrise, Episode 12
37:35 – Johnny’s notable mentions

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!

204: "The Lifestyle Investor" Justin Donald Nov 18, 2021

Entrepreneur Magazine calls Justin Donald the “Warren Buffett of Lifestyle Investing.” He’s a master of low-risk cash flow investing, specializing in simplifying complex financial strategies, structuring deals, and disciplined investment systems that consistently produce profitable results. His ethos is to “create wealth without creating a job.”

In the span of 21 months, and before his 37th birthday, Justin’s investments drove enough passive income for both he and his wife Jennifer to leave their jobs. Following his simple investment system and 10 Commandments of Lifestyle Investing, Justin negotiated deals with over 100 companies, multiplied his net worth to over eight figures, and maintained a family-centric lifestyle in less than 2 years. Just 2 years later, he doubled his net worth again.

He now consults and advises entrepreneurs, executives, and successful media personalities on lifestyle investing. Justin has also appeared on nearly 100 podcasts, including Entrepreneurs on Fire, The Mike Dillard Show, Making Bank, Achieve Your Goals, Capability Amplifier, Tractionville, Inside Personal Growth, Conscious Millionaire, Franchise Secrets, the Accelerated Investor, and Unbecoming.

Justin is a lifelong leader and trainer with a track record of achievement. In his 20s, he worked with Cutco/Vector and quickly became one of the top managers in the company, and one of the youngest to achieve Hall of Fame status. His personal playbook of best practices was deployed nationwide as a training program to onboard sales representatives.

Listen to ILAB 204 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:59 – Where did you start and how did it help you in becoming an investor?
10:31 – At what point did you realise you wanted to become an investor?
16:33 – Did Cutco instill a certain model relating to saving and investing?
17:54 – When you bought the Mobile park homes, were you still with Cutco?
18:51 – When did you plot the path of your investing lifestyle?
23:31 – Did you primarily focus on real estate?
25:47 – After being quite successful, what is the motivation to keep going further?
28:24 – When did you get a team to expand your deals?
34:01 – Can you tell us about your conferences, “Mastermind”?
37:35 – How often do you have in-person meet ups?
39:00 – What are some of the 10 commandments for investing?
48:31 – What is one of your favourite deals?
56:43 – Sam and Derek 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!

203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall Nov 11, 2021

CEO and Co-Founder Jesse Randall is a fintech startup executive and venture capitalist helping to usher in the new era of generational wealth creation for everyday people. His roots in small farm life in rural America as part of a very large family gave him a unique foundational work ethic and view of the world. He has come to understand that he would rather imagine the world as it can become rather than settle for the shortcomings that surround us everywhere. Anything is possible with the right mindset, people, and resources at hand. Outside of work, he enjoys endurance sports such as Ironman races, cycling, and marathons, and wouldn’t trade his life with his sweetheart and five children for any amount of treasure.

Sweater is hell-bent on leveling the playing field and reinventing venture capital to reach its maximum potential. That starts by creating a venture capital fund that anyone can invest in.

Sweater’s vision is to pool money from millions of regular people into a world-class venture fund, wisely deploying that capital into startups that shape the world we live in.

Every founder should be able to build their vision, and every person should be able to support the startups that create the next generation of influence and wealth.

Listen to ILAB 203 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Sweater

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:30 – What is Sweater?
13:09 – What experience do you get by investing in the fund?
15:01 – How does Sweater differ from their competitors?
19:26 – Is there a limit to the amount of investors you can bring in?
20:19 – Are there any differences in benefits to an accredited investor?
23:02 – Do investors need to be US citizens?
24:06 – What is the investment minimum and what are the fees associated with the investment?
26:14 – Your initial fund will have no carry fees, correct? -
"Yes that is correct. Sweater charges a flat 2% management fee attached to the value of the fund, much like the flat fee you have on your mutual fund. Plus there are administrative costs like legal, auditing, marketing, etc."
29:45 – What kind of companies are you looking to target?
33:57 – Are there any other particular sectors beyond tech that interest you?
39:21 – How do you decide on what companies Sweater invests in?
43:29 – How are the investments structured?
45:13 – Do you have companies on the radar already?
47:47 – How long should investors anticipate waiting to see a meaningful return considering you are a new company?
50:58 – What is the Sweater scout network?
52:50 – Can someone reach out to Sweater if they are looking for venture funding for their company?
54:08 – What to expect when you sign up?
56:54 – Sam and Derek 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!

202: A Modern Approach to Charitable Giving with Charityvest CEO Stephen Kump Nov 04, 2021

Sam interviews Charityvest CEO/Co-Founder Stephen Kump about their new modern donor-advised fund platform. Charityvest's goal is to make charitable giving easier for the masses and also cut down on tax paperwork. Sam and Derek then go over their thoughts on Charityvest and it's simplicity of giving. They also talk about what to look out for when giving to charities and why you should always vet them first.

Stephen Kump aims to shape the world to be more generous. He leads Charityvest, a technology company to catalyze generosity through putting a donor-advised fund in the hands of every American. He worked for over ten years as a consultant to nonprofit organizations, philanthropists, corporate leaders, and private equity investors, most recently with Bain & Company. He is a former US Army cavalry officer, holds an MBA from the Yale School of Management, and earned bachelor degrees in Economics and Management from Georgia Tech.

Listen to ILAB 202 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

RAD Diversified
RAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD offers monthly distributions, a 5% bottom-line guarantee, and achieved a 36.7% return in 2020.
Support Invest Like a Boss: Join our Patreon

Discussed:

Charityvest
Lock in 0% fees for all of 2022 when you join at Charityvest

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:43 – How did you get started in the industry?
11:48 – Is the donor advised fund like setting up your own charitable organisation?
13:50 – Do you notice a pattern with people's donations?
19:27 – Is this a special designation by the IRS?
20:21 – Can you discuss the relationship with Y Combinator?
23:14 – Can you tell us about the two portfolios?
25:45 – Can you explain the tax benefits?
31:50 – Can you explain the concept of donating the asset rather than the capital gain?
36:40 – Can you summarize the giving component?
42:26 – What kind of fees are associated with the investment?
49:02 – Sam and Derek 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!

201: Investing in Co-Living with Homeroom CEO Johnny Wolff Oct 28, 2021

Johnny FD interviews Homeroom CEO Johnny Wolff about co-living both as a tenant and potential investor. Then Johnny & Derek share their roommate stories, investing in Homeroom, and exploring creating your own co-living investment property.

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom’s first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays.

Listen to ILAB 201 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Ireland/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Flippa
Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale.
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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)

*Johnny and Sam use all of the above services personally.

Time Stamps:

17:34 – How does it work for a tenant?
21:17 – Can you explain why they are all 1 bedroom 1 bathrooms?
21:58 – What other fees are there for the tenant?
23:25 – How does it work for an investor?
26:30 – How did you calculate the numbers for the investment?
29:46 – What happens if the real estate market drops?
30:59 – How do you guarantee a monthly rent?
31:25 – Do you have to be accredited or do you have to be in the US to invest?
32:26 – What are the steps to be taken in order to invest?
35:02 – What kind of contract do you have with the investor?
37:02 – What are the policies if the owner wants to move in?
40:26 – Johnny and Derek 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!

200: Q3 2021 Quarterly Update with Sam & Johnny Oct 21, 2021

A very special ILAB - episode 200! Sam & Johnny reflect back on 200 episodes of ILAB and then give lifestyle and investment strategy updates from the last quarter. If you'd like access to the second half with Sam & Johnny's full investment breakdowns and Johnny's full portfolio screenshots, you must sign up as an ILAB Patreon.

Listen to ILAB 200 on iTunes here or subscribe on your favorite podcast app.

Were we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Ireland/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:04 – Sam and Johnny take a trip down memory lane from how they met and started the podcast
19:44 – Update on Johnny’s and Sam’s renovations
28:58 – Sneak peek into Johnny’s and Sam’s portfolio.

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!

199: Co-Owning a Luxury Second Home with Pacaso CEO Austin Allison Oct 14, 2021

In this episode, Derek interviews Pacaso CEO Austin Allison about owning shares of luxury vacation homes and how it all works. Then Derek and Johnny catch up and give their thoughts on second home co-ownership. This is more a lifestyle play than a pure investment, but we can see where this would be a great option for many people.

Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life.

Pacaso is Austin’s second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Austin enjoys running, mountain biking, and flying. He lives in Napa, CA with his wife Angela and their son.

Listen to ILAB 199 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Ireland/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Pacaso: The Modern Way to Own a Second Home

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:39 – How did you get into the business and what was your inspiration?
10:26 – How does this differ from a timeshare?
12:23 – How does Pacaso get paid if you do not retain any percentage of the property?
14:58 – Can I use my own real estate agent?
16:07 – Do you get to look at the property in person?
18:13 – Is there a minimum hold on the property you choose?
18:59 – How many shares can you buy per home?
20:00 – What value are you looking at in purchasing a home through Pacaso as compared to just buying a home?
21:32 – What is a property LLC?
23:19 – Can you rent the property?
26:44 – Can you let a friend or family member use the property?
28:47 – Why are you encouraged to not park on the street?
30:48 – Can you operate a business from the home?
31:29 – What fees does Pacaso charge for maintaining the home?
33:43 – Do the homeowners have to agree with what Pacaso assesses?
36:24 – Can home owners contact each other directly?
38:24 – Can you later buy the house outright if you enjoy the home?
40:10 – What is the investment growth of purchasing a home through Pacaso?
43:11 – Patreon Question : Can non US citizens purchase homes through Pacaso?
44:07 – Patreon Question : What are some locations you are considering both in the US and globally?
45:24 – Patreon Question : How has Pacaso handled backlash from the community?
48:01 – Patreon Question : Do you provide any additional services that come with the home?
51:14 – Johnny and Derek 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!

198: Crowdfunding the Bed in a Box with Viscosoft Founder & CEO Gabriel Dungan Oct 07, 2021

Sam interviews Viscosoft Founder & CEO Gabriel (Gabe) Dungan about crowdfunding his bed in a box startup. The two go back over a decade to their startup days in China and explain the technology and how Gabe has transitioned the business to the United States. Then Sam and Derek recap the business, talk about their experiences with bed in a box, talk bad mattress stories and go over Sam's personal investment in the company.

Viscosoft wants to change the way the world sleeps. With a background in textile engineering, product development, and sensor technology, our mission is to provide consumers around the world with high-end bedding products that deliver ultimate comfort, unmatched value and the smartest, data-driven sleep experience ever to exist.

Viscosoft is poised to become one of the most recognized brands in the $432B sleep industry. We are an Amazon top 250 seller and have several products that have been recognized by industry experts for delivering great sleep through thoughtful design and innovative materials, including Good Housekeeping’s prestigious ‘Best Bedding’ award in 2021.

Over the past 4 years, more than 500K direct consumers have contributed to revenues of more than $95M and increased profitability last year. 2020 revenues reached $30M as the direct-to-consumer business (Viscosoft.com) grew more than 700% YoY from increased brand recognition, customer loyalty programs & product partnerships.

Sleep technology is a $12.5B industry and expected to reach $40.6B within the next 5 years. Viscosoft is committed to delivering a first-of-its-kind mattress topper with integrated sleep-quality sensors for under $200.

Listen to ILAB 198 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Ireland/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

RAD Diversified
RAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD Diversified offers monthly distributions, a 5% bottom-line guarantee, and achieved a 36.7% return in 2020.
Support Invest Like a Boss: Join our Patreon

Discussed:

ViscoSoft Group

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

12:02 – How did Bed in the Box start and how has the industry changed?
14:30 – How did Covid-19 affect the bedding business?
17:07 – How does bedding sales online compare to in store purchases?
18:20 – Where does technology fit in as it relates to mattresses?
20:20 – How did you get so popular on amazon and become a top 250 seller?
23:04 – How do your mattresses compare to other big brands?
24:43 – What was the process like for crowd funding the business?
29:15 – Can you now raise money through other means?
29:49 – How long has the listing been up on startengine and how has it been going?
30:46 – What do you have planned for the business over the next few years?
34:20 – Sam and Derek 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!

197: Jon Radoff Gives Us the Metaverse Vision Quest Sep 30, 2021

Sam interviews Beamable CEO Jon Radoff, who has been expertly laying out building of the metaverse on his YouTube Channel. After the interview, Johnny and Sam go over new additions to the metaverse portfolio and also why Johnny's friend thinks Sam's strategy may not be the best play in the metaverse.

Jon Radoff is the CEO of Beamable. Before founding Beamable, Jon built one of the first commercial games on the Internet, took a web content management company public, grew a game advertising network, and launched mobile games played by millions of people including Game of Thrones Ascent and Star Trek Timelines.

Listen to ILAB 197 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Flippa
Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale.
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

09:25 – Where do you see the Metaverse going?
14:05 – How will we access the Metaverse?
18:59 – How do you see the Metaverse as compared to current technology and interfaces?
23:31 – Can you talk about some of the leading graphic rendering companies?
27:11 – When do you think the mainstream metaverse is going to start?
37:33 – What do you think about monetizing gaming?
43:30 – Is the metaverse going to be similar to “Ready Player One”?
46:14 – Can you tell us more about your company and what you are working on?
48:12 – Sam and Johnny 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!

196: Breaking Down Sam's $500K Metaverse Portfolio Sep 23, 2021

Sam and Johnny go over each pick in Sam's new $500K allocation into the metaverse. Public companies, private companies and more are discussed in this episode that lays out Sam's plan to double his investment over the next 3 years.

Listen to ILAB 196 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

04:07 – How exciting are you for the Metaverse?
07:41 – Do you think the metaverse will impact the travel market?
12:37 – What do you expect with the workspace collaboration and using the metaverse for business?
14:41 – What about the augmented reality system?
16:33 – What have you deployed your money in?
19:54 – What’s in your public investments?
29:12 – Why not invest in a metaverse fund?
32:39 – What private companies did you invest in?
51:36 – Sam and Johnny final predictions

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!

195: Diving into the Metaverse with Virtual Reality Picks Sep 16, 2021

Sam's been taking a deep dive into the "Metaverse" concept that is coming. We take our first step into the submject by going over some picks in the Virtual Reality space based on John Divine's article found HERE. After the interview, Sam and Derek talk about where they see the space going and potential plays for the Metaverse. This is the first of a series of shows that will focus on potential investment ideas in the upcoming Metaverse.

John Divine is a senior financial markets editor for U.S. News & World Report, where he’s been covering the stock market, Wall Street and the economy since 2016. Prior to U.S. News, Divine covered the stock market for The Motley Fool and InvestorPlace.

The year before beginning his career as a financial reporter, Divine graduated with honors from Appalachian State University, where he majored in Finance & Banking in 2011. Out of college, he spent some time at Merrill Lynch and Grandbridge Real Estate Capital, a commercial real estate arm of BB&T.

Since turning to journalism, Divine has appeared on numerous financial media programs – discussing Wall Street earnings, acquisitions, valuation and other issues – including Cheddar, Money Life With Chuck Jaffe, iHeartRadio, WSJ Radio and WBBM Chicago, as well as several other outlets.

Mr. Divine has been referenced, cited, linked to, quoted or published on many of the most well-read and respected publications in the world including The New York Times, the L.A. Times, Forbes, Barron’s, USAToday and CNBC. Learn more about John HERE.

Listen to ILAB 195 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Research Investments and Investing Professionals

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:44 – When did you get interested in virtual reality and the metaverse?
09:37 – Have you tried on any of the VR headsets as yet?
12:16 – How do you see the hardware and software being implemented and consumer friendly?
13:41 – What are the types of companies that will profit from virtual reality?
15:02 – What are your stock picks?
18:32 – Who are the leaders in the operating system?
24:39 – Do you have any other thoughts on the metaverse?
32:40 – Sam and Derek 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!

194: Dutch Mendenhall Tells Us About Investing in the Survivalist Movement Sep 09, 2021

Derek catches up with RAD Diversified CEO Dutch Mendenhall 6 months after his first ILAB appearance Episode 178. This time around, they talk about the American Survivalist Project, of which RAD is invested in. They talk about emergency plans, future growth in the segment and how it ties into their investment strategy. Then Johnny and Derek come on to talk about what they would do in the case of an emergency and how this would fit into their plans.

Dutch Mendenhall left the baseball world to pursue his business career after having coached at the University of San Francisco, a top Division I team. He began his business career as an executive recruiter in a billion dollar company specializing in commercial real estate and banking. He excelled in less than 12 months to become the # 1 producer in the entire company.

Today Dutch runs a Real Estate Education company where he mentors thousands of students across the country to invest safely and securely in Real Estate. Dutch’s specialty is in Tax Sales and he runs 3 Investment funds that have amassed over 7 million dollars in properties and 3 million dollars in profit over the last 12 months.

Listen to ILAB 194 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Andora/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:25 – Can you give us a brief overview of the American Survivalist Project?
15:41 – What are your projections for 2021 after a very successful first 2 years?
18:38 – Where is the farm located?
20:41 – How many People can the farm support?
25:52 – What percentage of the portfolio do you see the farm in 2 years?
27:09 – How does it work if you are a member of the American Survivalist Project?
31:08 – What are the tiers of the American Survivalist Project?
33:29 – What's the minimum investment in RAD Diversified?
36:01 – Is there still a 5% dividend for Covid-19?
38:49 – How do you sign up for the American Survivalist Project?
41:44 – How do you apply for RAD Diversified?
46:39 – Johnny and Derek 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!

193: Nick Ringling Quit His Six-Figure Job After Discovering Land Flipping on ILAB! Sep 02, 2021

Nick Ringling is the Co-Owner of Vacant Land Club. Nick spent the last decade working in the Industrial Sales space, most recently selling Electrical Supplies and Electrical Engineering Solutions. Three years ago he first heard of vacant land investing through Invest Like a Boss, and took massive action. Since then Nick has left his cushy sales job to buy and sell vacant land full time. So far in 2021, Nick's team is on pace to buy and sell roughly 150 properties, with an average ROI of about 400%. Every one of which was never seen in person prior to purchase. Vacant Land Club brings value to land sellers by offering them quick cash for properties that they no longer see value in. They offer value to buyers by offering easy owner financing that they wouldn’t typically be able to secure from a financial institution. Vacant Land Club is growing and scaling very quickly with potential investment opportunities on the horizon for investors looking for a way to invest passively.

Listen to ILAB 193 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Flippa
Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale.
Support Invest Like a Boss: Join our Patreon

Discussed:

Vacant Land Club

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan
*Johnny and Sam use all of the above services personally.

Time Stamps:

10:21 – How did you find out about the show?
11:34 – Did you know about investing in raw land before listening to the show?
12:26 – Did it cost alot to get started in Land Flipping?
13:35 – Does Land Flipping require a lot of time?
15:31 – Can someone just fund the investment in Land Flipping?
18:16 – Are you satisfied with your investment in learning how to do Land Flipping?
20:38 – Do you know how successful the other students in the course have been?
21:45 – When did you quit your previous job to do Land-Flipping full-time?
22:45 – What advice would you give someone considering going down this path?
25:27 – Would you agree that one of the biggest investments you made was in educating yourself?
27:17 – How do you find the raw land, and who do you sell it to?
30:24 – Do you reinvest in land or other investments?
32:00 – How do you have some land that is cheap?
34:24 – What are the building and/or legal implications with building in some of these areas?
35:20 – What are your thoughts on the future of Land Flipping?
37:05 – Johnny and Derek 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!

192: Buy Shares of High End Art with Masterworks CEO Scott Lynn Aug 26, 2021

Masterworks CEO Scott Lynn returns to Invest Like a Boss after appearing on the show for Episode 146 in June 2020. A lot has changed since then and Masterworks has grown tremendously. Scott talks with Derek to give an overview of the market and how the platform has performed since. Then Sam joins in with Derek to discuss investing in art and possible disruptions (Digital art, NFTs, etc) coming to the market.

Scott Lynn is the Founder and CEO of Masterworks.io. He Founded Masterworks in 2017 after realizing that art had better risk-adjusted returns than other asset classes, but the only way to invest is if someone has millions of dollars to buy a painting, or tens of millions of dollars to build a portfolio.

Scott has been an active collector of contemporary art for more than fifteen years and has built an internationally-recognized collection of Abstract Expressionism that has included works by Clyfford Still, Barnett Newman, Mark Rothko, Willem de Kooning, and more. In addition to Masterworks, Mr. Lynn serves on the board of v2 ventures (Adparlor, Giant Media, Reachmobi, Amply, and Sellozo), Payability, and the Brooklyn Rail (a non-profit publication in the art industry).

Listen to ILAB 192 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Andora/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:16 – How has the art market been affected by covid?
08:15 – How much Assets does Masterworks hold, and how many investors?
09:15 – What’s the average amount that investors invest in?
10:01 – How many paintings does an investor hold?
10:56 – How has the market changed for you now you have become the biggest buyer in the world?
12:28 – Are there any living artists that are increasing in value that your research team believe may outperform the deceased artists?
16:51 – Have artists been affected by “Cancel Culture”?
19:09 – Where are the art pieces stored?
20:05 – What type of insurance do you hold on these paintings?
20:46 – What is blue chip art?
21:19 – Has there been talk of investing in blue-chip art as something similar to an index fund?
22:30 – Are they certain artists you can highly expect to consistently rise in value?
25:27 – How has art been a better performing asset than the S&P 500?
30:13 – How does the secondary market work?
31:28 – Do you see any day traders getting involved trying to get into the market?
32:27 – What type of fees does Masterworks take on each piece of art?
32:51 – How does the NFT’s compare to the physical art market?
35:13 – Can you explain how copyrights work as it relates to the physical painting and the digital copies?
38:37 – Patreon Question: How many pieces of art have Masterworks purchased and what have been the returns to date?
40:00 – Patreon Question: What’s the minimum amount to invest in Masterworks?
42:17 – Patreon Question: Do you have to be an accredited investor?
43:07 – Patreon Question: Do you have to be a US citizen to invest?
44:22 – What would you invest in personally and why?
46:44 – Sam and Derek 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!

191: Costa Rican Tourism Bonds with Richard Bexon Aug 19, 2021

Johnny interviews Richard Bexon from Costa Rica Tourism Bonds to find out about this investment in the Central American country which not only allows you to earn a return on your money, but also provides accommodations and the chance at Costa Rican residency. Richard has lived in Costa Rica since 2004. He's the co-owner of Central America's largest luxury travel agency and has vast experience in real estate investments, both commercial and private. Sam hops on with Johnny before and after the interview to talk about this investment.

About Costa Rica Tourism Bonds:

It goes without saying that a company offering investments has a strong focus on financial returns, but it doesn't end there. Costa Rica Tourism Bonds places a high value on lifestyle, responsibility, and sustainability. This means we only work with properties that hold these values in equally high regard.

We started Costa Rica Tourism Bonds as we saw strong demand for an investment vehicle that both generated returns and provided a lifestyle benefit, whereby investors could enjoy the fruits of their investment by enjoying luxury vacations in the properties they invested in. Where better to invest in than one of the most beautiful and biodiverse places on the planet, Costa Rica.

This is coupled with the eagerness of tourism properties in Costa Rica to diversify their investor base and share the benefits of investing in one of the world's most vibrant travel destinations with international bondholders.

It's a match made in heaven for investors that value a lifestyle investment that can be enjoyed by themselves and their family.

Richard has lived in Costa Rica since 2004. He's the co-owner of Central America's largest luxury travel agency and has vast experience in real estate investments, both commercial and private.

Listen to ILAB 191 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Costa Rica Tourism Bonds

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:24 – How did you get into tourism and bonds?
12:08 – What are some of the reasons you like living in Costa Rica?
13:05 – How did the Tourism Bond Programme start?
16:23 – How do the projects work with the investments?
17:33 – What kind of returns can an investor expect?
19:52 – What is the minimum and at what point can someone get a week at one of the hotels?
20:40 – What is the process for obtaining residency?
23:53 – Can you give an example of what is available right now and what are the benefits?
25:04 – Are there any blackout dates and or additional taxes when you stay at a hotel you have invested in?
29:20 – Who can invest, and from what countries, and do you need to be an accredited investor?
30:16 – What are the benefits of having residency for someone who isn’t looking to live in Costa Rica?
32:04 – How do you get paid from the investment?
36:01 – Sam and Johnny 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!

190: Carbon Index Investing with Kraneshares' Luke Oliver Aug 12, 2021

Sam interviews Kraneshares' Luke Oliver on their Global Carbon ETF and the current state of the carbon allowance market. Sam and Derek then discuss the investment potential and market for this fund... and both make a big move - listen to find out what happened!

Luke Oliver is a Managing Director and Head of Strategy at KraneShares. He has extensive experience as a leader within the ETF and investment industry, having built businesses, diverse teams, and bringing innovative product solutions to market.

Prior to his asset management experience, Luke was part of the award-winning Foreign Exchange division of Deutsche Bank in both London and New York. Luke holds FINRA series 3, 7, 24, and 63 licenses.

About the Kraneshares Global Carbon ETF:

The KraneShares Global Carbon ETF (the “Fund”) seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ‘‘Index’’) over a complete market cycle. KRBN is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing.

Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA) and the Regional Greenhouse Gas Initiative (RGGI).

Listen to ILAB 190 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerSktreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:53 – How does Carbon Credits work?
11:17 – What is “Cap and Trade”?
14:38 – Which companies have to apply with this standard?
16:15 – What is the difference between carbon offsets and carbon allowances?
21:17 – Since there is an increase in cost for carbon emissions over time, will innovations and carbon offsets make the increase in cost more manageable?
24:16 – Can you explain the opportunity to profit through investment via the Paris Agreement?
27:28 – Are the Kraneshares Global Carbon ETF, stocks or some other form of assets?
28:29 – Patreon Question: what are the risks involved in the funds and why have the price of carbon credits only recently risen after being around for so long?
36:49 – What kind of investors are suited for the Global Carbon ETF?
40:04 – Can you tell us more about Kraneshares other products and services?
44:09 – Sam and Derek 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!

189: Dividend Investing with Kevin Martin Aug 05, 2021

Kevin Martin is a Lawyer & 20 year military veteran turned Travel Vlogger! He is also an avid dividend investor and uses them as his primary source of income. In early 2019, Kevin decided to quit his job as a lawyer at a corporate law firm to travel the world! You can follow his adventures on YouTube.

Kevin has also recently started a YouTube channel dedicated to dividend investing that can be found here.

Listen to ILAB 189 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Polymarket
is the world’s leading information markets platform where you can trade on the most pressing global questions and see unbiased, real-time data on what the market thinks will happen – all on the blockchain. For a limited time, sign up with referral code “Boss” to get your first trade reimbursed up to $100. Click on the link to get started: polymarket.co/InvestLikeABoss
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

13:37 – Tell us about your “full time travel” life?
14:13 – How did it feel when you first started?
15:29 – Were you investing while you were a Lawyer?
16:15 – What were some of the early investments?
19:15 – How have your investment strategies changed since then?
20:44 – Do you automatically reinvest in your dividends?
21:30 – What is the difference between a dividend growth stock and a normal stock that doesn't pay dividends at all?
31:02 – What are your thoughts on picking individual dividend stocks vs investing in dividend funds?
32:22 – What are your thoughts on the non-traditional dividend funds?
35:39 – What are your lowest and highest dividend yields in your personal portfolio?
36:58 – What can you tell us about this new project starting your portfolio from scratch?
41:02 – Johnny and Derek 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!

188: Pros & Cons of Relocating to Barcelona vs. Kyiv Jul 29, 2021

Sam and Johnny compare each of their respective cities they chose to relocate to since the Covid-19 pandemic. Sam bought a condo in Barcelona to get the elusive 'golden visa' and has since completed renovations, but is now finding the visa process harder than expected. Johnny went with Kyiv and bought not one, but two condos! Johnny's in the middle of renovations on his Kyiv condo and already got his temporary residency. But, is still in the process of obtaining permanent residency. Find out what each boss has learned in the process and why they chose each city as their new home base.

Listen to ILAB 188 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

Amazon Pharmacy
Amazon Prime Members can save on prescription medication when not using insurance – with medication as low as $1 a month PLUS FREE 2-Day delivery! Learn more at Amazon.com/LIKEABOSS.

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

04:00 – What were the big benefits of investing in real estate?
10:50 – Benefits of the Golden Visa.
13:41 – What's the progress with Johnny’s and Sam’s permanent residency?
15:54 – What is the cost of getting a temporary and then permanent visa?
22:44 – What was the procedure in selecting both properties?
33:54 – Some of the pros of the location and size of the properties.
40:52 – How long did the renovations take?
51:54 – What did you learn from the experience of renovating a property?
55:52 – How much did the Designer fees as well as furnishings come to?

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!

187: Q2 2021 Quarterly Update Live from Kyiv Jul 22, 2021

The Bosses finally are in the same place as they meet up in Kyiv Ukraine. They talk about what it is like to meet Derek for the first time in person, as well as what they think about Ukraine.

Later they discuss changes both personally and financially in their lives as well as what is in store for them and the show in the coming months.

Listen to ILAB 187 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Ukraine / IG @imsammarks
Derek Spartz - Ukraine / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

02:16 – What the bosses are doing in Ukraine.
07:18 – Derek’s impression of Kyiv.
15:19 – What has changed in Derek’s and Sam’s lives in the last 3 months.
19:46 – Johnny talks about some changes in his life.
32:01 – Sam talks about his trip to Bordeaux and wine tasting.
37:55 – Financial changes with Sam and Johnny.
43:05 – New content exclusive to Patreon members.

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!

186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss Jul 15, 2021

One of our most requested topics on ILAB is for cryptocurrency, since we've ton a couple episodes on Bitcoin already we decided to focus more on Altcoins. Derek talks with CoinFlip CEO Ben Weiss to look beyond Bitcoin and see what coins may be worth investing in. Then Sam and Derek give their takeaways, what they're currently holding for cryptocurrency and where they see the future of the crypto market heading.

CoinFlip’s mission is to give the world quick, easy, and secure access to the benefits of cryptocurrency. We believe that cryptocurrency provides an inclusive financial system, which puts individuals' needs first.

CoinFlip believes that bitcoin and blockchain technology have the ability to serve everyone. Since 2015, CoinFlip has empowered those left out by the traditional banking system to join an innovative and inclusive global economic system.

With low fees, the largest network of Bitcoin ATMs, and the most reliable customer support, CoinFlip is the best way to purchase and sell cryptocurrency. Kickstart your crypto investment journey today!

Listen to ILAB 186 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Ukraine / IG @imsammarks
Derek Spartz - Ukraine / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss
Support Invest Like a Boss: Join our Patreon

Discussed:

CoinFlip

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:34 – What got you started in crypto?
10:41 – How do you differentiate “good” coins from “bad” coins?
12:34 – Can you talk about Ethereum?
15:50 – What do you think about litecoin?
17:56 – What are your thoughts on DogeCoin?
21:13 – What do you see in the future for the entire crypto market?
23:00 – Do you think any of the newer coins take over bitcoin?
26:41 – What kind of regulation do you think the government will put in place?
28:01 – What do you think about the energy consumption that mining takes has an effect on climate change?
32:15 – Is there any new technology that might benefit bitcoin in the future?
35:39 – Can you tell us about CoinFlip and the ATM network?
37:23 – Sam and Derek 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!

185: Market Vulnerability Analysis with Roger Khoury, CEO of Market Forecasting Academy Jul 08, 2021

Roger Khoury is an expert in the field of Market Forecasting, with over two decades of experience.

In 2010, he developed an innovative probability-based form of price forecasting, called Market Vulnerability Analysis™ (or MVA™), to overcome an inherent flaw he had discovered in most trading systems and strategies, which is the root cause of large drawdowns and inconsistent results.

This form of analysis enables its user to uniquely reduce the downside risks in the market, without sacrificing the upside performance potential.

After successfully deploying his proprietary analysis and forecasting methodology to reach his own goals, people began to inquire about his accomplishments.

In 2011, Roger brought on partners, Bo Yoder and Dr. Jared Goldstine to help establish a training curriculum and mentoring program, in order to address those interests, which they offered through their firm RBJ Financial Group.

Based on the success of this venture and the insights gained from mentoring dozens of students, Roger was inspired to create an exclusive community, with a more formalized learning environment.

In 2019 Roger launched the Market Forecasting Academy to accomplish his vision for educating and mentoring active market participants on acquiring the skill of accurate and objective Financial Market Forecasting.

Listen to ILAB 185 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

SaneBox
See how SaneBox can magically remove distractions from your inbox and help you only reply to the messages that matter!
Use our ILAB exclusive link to receive a $25 credit on top of a 14 day free trial with no code needed when you visit https://www.sanebox.com/likeaboss
Support Invest Like a Boss: Join our Patreon

Discussed:

Market Forecasting Academy

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:06 – How did you get started with day trading?
13:24 – Do you remember the first stock you ever bought?
14:24 – What are your thoughts on the gambling aspect of trading versus index funds?
24:01 – How do you know when is a good time to buy or sit out?
27:13 – Can you give us an example in the last 2 years when you went in and why?
31:44 – Can you give us an example of when you saw an opportunity to buy S&P even if just for a few minutes?
38:32 – Why is it so hard for a system to beat the S&P?
42:28 – What are your thoughts on what will happen in the next recession?
46:29 – Johnny and Derek 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!

184: FOMO Investing for the Not So YOLO Crowd with Matthew Tuttle, CEO Tuttle Capital Management Jul 01, 2021

Matthew Tuttle is the Chief Executive Officer and Chief Investment Officer of Tuttle Capital Management, LLC. Matthew is a familiar face among the financial media. He has been a frequent guest on CNBC and Fox Business and has been frequently quoted in the Wall Street Journal and Barron’s. He is the author of How Harvard & Yale Beat the Market and Financial Secrets of my Wealthy Grandparents. Matthew has an MBA in finance from Boston University.
FOMO (the “Fund”) seeks to provide capital appreciation. The Fund takes its name from the phrase “Fear of Missing Out” and seeks to reflect current or emerging trends. In pursuing the Fund’s investment objective, the Fund will invest in equity securities of any market capitalization, exchange-traded funds (“ETFs”), fixed income ETFs, volatility and inverse volatility ETFs and ETNs, leveraged and inverse ETFs and ETNs.

FOMO trades on the CBOE with ticker symbol FOMO

Listen to ILAB 184 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

SaneBox
See how SaneBox can magically remove distractions from your inbox and help you only reply to the messages that matter!
Use our ILAB exclusive link to receive a $25 credit on top of a 14 day free trial with no code needed when you visit https://www.sanebox.com/likeaboss
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:10 – How did you get started with Tuttle Capital?
11:04 – What are some of the categories Tuttle chooses their ETFs?
13:43 – Can you tell us about the inspiration for the FOMO fund?
18:09 – What are the fundamentals of the fund?
19:36 – What size of companies do you invest in?
21:27 – Are you staying in US based stocks?
22:45 – Are you concerned with the Volatility of the stocks affecting the ETFs?
25:14 – What happens if the fund dissolves?
26:37 – Is there a similarity between retail investors and hedge funds?
28:52 – Are you worried that regulations are put in place to shut down the retail investors?
30:00 – How does your team do research?
31:51 – What are you seeing with hedge funds reacting to retail investors in terms of “bandwagoning”?
34:01 – How do you see the market changing between retail investors and hedge funds?
38:19 – Johnny and Derek 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!

183: Kiev Real Estate Recovery Funds Founder John Suggit Jun 24, 2021

A Canadian citizen, John has a Bachelor of Business Administration from Simon Fraser University and a MBA from the Richard Ivey School of Business. He has over 10 years of investment banking experience in Ukraine and has spent many of these years also developing successful property investments in both Kiev and Montenegro. His prior positions include Chief Operating Officer with Dragon Capital, Managing & Founding Partner with Concorde Capital and Vice-President with MFK. Previously John had 10 years of retail and commercial banking experience with the Bank of Nova Scotia, Canada. During his time in Ukraine John has been regularly interviewed and quoted by The Financial Times, Bloomberg, Institutional Investor, Fortune Magazine, CNN Money, EuroWeek, EuroMoney, Focus Money, FDI Magazine, The Kyiv Post, Kontrakty, Delo, ForUm and Korrespondent.John speaks English, Russian and some Spanish, Serbian and French.

Listen to ILAB 183 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Barcelona/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Kiev Real Estate Recovery Fund: KRER

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

09:55 – Why is it hard to get quotes from contractors in Kiev?
12:16 – Why are housing prices low in Kiev?
16:46 – How has the Hryvnia depreciation affected real estate prices?
20:31 – How are the businesses in Kiev starting up so quickly?
24:11 – Can you talk about your move from residential to commercial?
34:55 – Tell us about the residential space you converted to office space
43:46 – Can you tell us about the fund and the services they offer?
45:15 – Let’s talk about the advisory side of your services
48:17 – Let’s talk about the fund part of your business
49:42 – What are you buying into when investing in the fund?
51:12 – What is the minimum to invest in the fund?
54:07 – What are the fees involved with the investment?
56:31 – Is it possible to cash out your investment in US dollars as opposed to Euros?
60:49 – Johnny and Sam 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!

182: I Have $X Amount, Where Do I Invest it? A 101 Investing Refresher Jun 08, 2021

Johnny and Sam take it back to ILAB basics with a 101 how-to on where to invest your money at various dollar amounts. A refresher and update for everyone out there who is looking for places to grow their hard earned money.

Listen to ILAB 182 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – South Carolina/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

05:30 – How much money do you have in an emergency fund?
09:26 – Take it out of your free money, Company Matched 401K
14:17 – Manage your debt
17:35 – Individual Non-Taxable Account
28:22 – Looking back at your company and your employer
29:52 – It’s now time to start Investing
37:14 – Do what’s smart, stick to the script
40:00 – Look at diversification

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!

181: Alternative Food Investing with Very Good Foods CEO Mitchell Scott May 27, 2021

Our mission is lofty, badass but beautifully simple:

Get millions to rethink their food choices while helping them do the world a world of good.

By offering plant-based food options so delicious and nutritious, we’re helping this kind of diet become the norm.

When you have a simple goal, it’s hard to mess it up: create damn good food, and well, keep it simple.

Unlike most plant-based alternatives out there, we don’t overcomplicate things. We go hard on taste, texture, protein and then call it a day. In return, you get all the benefits you had before, plus the extra feels of doing a s****tload of good for yourself, your planet and your furry friends. No brainer or what?

Plant-fuelled veteran or plant-curious rookie—it doesn’t matter. You’ll find our products put the fun back in functional, as we never compromise on taste or nutrition. And that goes for feeding fussy families or fuelling fitness-freaks. Geez, that’s a load of F’s! So, if you replace an animal-derived product with one of ours, you’d better be getting all the nutrients and the satisfaction from it. Otherwise, what’s the point, right?

Our method relies on complex scientific algorithms… said no one ever at Very Good Food Co. Yup, we do things a little differently. And that comes down to real people trusting their taste buds, Buds. Rather than petri-dish processes. In fact, our roots as a restaurant mean we’re foodies at heart. So you’ll find our R&D team mostly in test kitchens, finding creative and innovative ways to make the healthiest food possible, while challenging our out-dated reliance on animal products once and for all.

Very Good Food Company is traded on the Canadian Stock Exchange (ticker: VERY) & in the United States on the OTCQB market (ticker: VRYYF)

Listen to ILAB 181 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – South Carolina/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

04:45 – What got you interested in alternative foods?
08:07 – Did this start as a side hustle or did you think this had real potential?
08:53 – Can you tell us about your experience with crowdfunding?
11:36 – How did “Dragon’s Den” (Canadian Version of Shark Tank) help with the business?
14:28 – Can you speak to why you use beans as your base ingredient for most of your products?
16:43 – Where do you source the ingredients for your products?
17:28 – Tell us about the expansion to dairy alternative products
18:56 – Tell us about going public in the canadian stock exchange and on the OTC market at such an early stage.
23:06 – How will you be distributing all of this new product you will create?
24:35 – What can you tell us about the new distribution deal?
26:12 – Is your focus in the future on retail?
27:28 – Have you partnered with any restaurants or chains?
28:13 – Where do you see the Very Good Food Company in the future?
29:31 – What do you think about the long term future of the industry?
31:02 – What do you think about the difference in food standards between Canada, the US and other countries?
33:10 – How do you try to encourage people to try a plant based diet?
34:42 – Even though you are currently operating at a loss, do you have a projection of when you will see profitability?
36:32 – Sam and Derek recap

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!

**180: Teenage Investing with 18-Year-Old Jack Rosenthal** May 18, 2021
Jack Rosenthal is an 18 year old entrepreneur and investor. He's the author of "Teen Investing" which has become the #2 best selling book on teenage investing. He's also the founder of the Young Investors Club, LLC the largest teen investing club in the country with $120,000 in assets. Lastly, he maintains his own investment portfolio.

Listen to ILAB 180 on iTunes here or subscribe on your favorite podcast app.

**Where we are:**

Johnny FD – Ukraine / IG @johnnyfdk

Sam Marks – South Carolina/ IG @imsammarks

Derek Spartz - Venice Beach / IG @DerekRadio

**Sponsor:**

Indeed
*Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB*

Support Invest Like a Boss: Join our Patreon

**Discussed:**

Teen Investing: The Ultimate Guide to Teenage Investing

Jack's Instagram @starsocial.pro

Young Investors Club

Flame Thrower

**Like these investments? Try them with these special ILAB links:**

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

Wealthfront – Get your first $15,000 managed free

PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

**Time Stamps:**

09:50 – What age did you start investing and what inspired you to get involved?

10:47 – What kinda stocks did you get started in?

13:00 – Do you have advice for how families can get their children involved in stocks?

13:39 – How do you determine how much you are willing to invest?

15:15 – What drove you to share your story and encourage other teenagers to get involved?

16:48 – How to start investing with your club?

18:16 – Where are your members based?

18:30 – How are the decisions made on what to invest in?

19:05 – How are the assets held and how do distributions work?

20:49 – What have been the biggest wins and losses for the club?

21:55 – What would be the first thing to do as a teenager to get into investing?

23:39 – What kind of assets will you suggest to be involved in?

25:16 – What do you recommend on breakdown when allocating your investment portfolio?

26:29 – What are good summer/part time jobs which can help you get start up income?

28:40 – Did they teach you about finances in school?

31:18 – Tell us more about your book?

33:32 – Did you spend money on something crazy with your return?

35:13 – Johnny and Derek 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!

Copyright 2021. All rights reserved. Read our disclaimer here.

179: 8 Things Sam Marks Has Learned from Startup Investing May 04, 2021

Sam goes over the top 8 things he has learned from investing in startups. Sam has invested in 9 startups in the last 8 years and has seen 3 exits and/or partial exits in the last six months. He'll go over the process of investing in a startup, what to look for and what to avoid as well.

Listen to ILAB 179 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – South Carolina/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Fundrise
Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get Started in just a few minutes.
Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:04 – What do you look for in a start-up?
08:52 – Is it more important to have the management in place than what the company actually is involved in?
12:23 – Is international diversification important in your selection?
13:39 – How do you determine how much you are willing to invest?
14:28 – Are the Start-ups similar to how “Shark-Tank” portrays?
19:06 – #1: Companies take a long time to build and exit
22:05 – #2: Start-ups require more money, that initial investment is not the last investment.
26:15 – #3: Expect big dilution
32:52 – #4: Founder issues are common protect yourself against it
38:48 – #5: Cap tables becomes big issues for mediocre companies
45:10 – #6: Raising money is not the goal, creating value is
47:56 – #7: Valuation isn't important necessarily, what's more important is your entry point and exit point.
53:55 – #8: Nothing is a sure thing until the money is in your bank account
59:09 – What advice would you give to a beginner getting into a start-up?
63:25 – About how long is expected for the second round of investment?
65:16 – What should you look for in an attorney to look over the investment paperwork?
66:41 – What other ways can you be valuable to the company?

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!

178: RAD Diversified REIT President/CEO Dutch Mendenhall Apr 29, 2021

Dutch Mendenhall is a loving father and husband. He currently runs 3 real estate investment funds. He creates positive returns every year for his investors. Dutch is a gifted visionary who has very different beliefs than the average fund manager/leader. He has made his investors millions of dollars and in real estate circles is thought of as a step ahead, a step above, and a step beyond what others are doing.

He believes in taking care of people first: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business."

His decade of experience of investing is coupled with a decade of consulting real estate companies. Dutch's experience includes residential, commercial-assets, low- income housing, luxury-housing, assisted-living, self-storage and apartments.

RAD Diversified has developed a proven, reliable system for investing in residential & multi-family properties in key real estate markets across the U.S. They offer investment partners the opportunity to invest in cash-flowing properties with substantial value-add opportunities.

RAD Diversified Specializing in Tax Lien & Tax Deed Investing, RAD Diversified made a 36.7% annualized return in 2020 and has cleared 33.514% in the past 12 months. RAD Diversified also safeguards your investment by offering a 5% bottom-line guarantee.

Listen to ILAB 178 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

RAD Diversified
Invest Like a Boss listeners can skip the waitlist and invest with RAD Diversified immediately when you use our link!
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

03:57 – How did you get into real estate investing?
09:15 – How has the industry changed during the Covid-19 pandemic and how have you adapted?
12:13 – What is the advantage of being versed in real estate?
17:23 – What are the advantages of a tax property sale?
21:47 – Do you need to be an accredited investor to invest with you?
23:21 – Do you have international investors as well?
25:32 – What is the minimum investment to get started and how are payouts done?
29:55 – Is there a fixed investment term or any fees for terminating early?
32:04 – Does the investor choose where they wish to invest in?
33:45 – What happens if the offering is fully funded?
35:12 – Can you explain the Covid-19 amendment?
39:50 – Are there any fees the investors should be aware of?
40:28 – What do you provide as it relates to taxes?
41:26 – How have you had such a profitable time during the covid-19 pandemic?
56:24 – Johnny and Derek 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!

177: Frank Song - From Sleeping in Walmart to 8 Figures Apr 22, 2021

Frank Song is currently managing $20 million in committed capital to pursue buyouts of, partnerships with, and/or building highly profitable businesses in unsexy markets. Frank increases enterprise value by implementing large, sustainable competitive advantages into the businesses, such as: increasing operating sophistication, pursuing strategic acquisitions or partnerships to create a national oligopoly or local/regional monopoly dynamic, implementing technology advantages, and increasing performance marketing returns.

Additionally, Frank currently works as a confidential advisor to business with at least $10mm in revenue and politicians to advise on how to implement an art of war campaign in their markets or campaigns to defeat competitors who are larger or better resourced.

Previously, Frank worked at Accel-KKR, one of the top private equity funds (based on returns), where we helped manage the $4.0 billion fund by completing buyouts and growth equity investments of $20mm - $1bn technology companies.

He has contributed capital to:

HighJump (sold for $750 mm)

Zinc Ahead (sold for $130 million)

PageUp (sold – amount undisclosed)

Listen to ILAB 177 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed

Receive a free $75 sponsored job credit to boost your job post at Indeed

Support Invest Like a Boss: Join our Patreon

Discussed:

Find Frank Song on Instagram: @Franksong
Forbes article on Frank Song
www.franksong.com

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

11:19 – Why did you choose to live in the suburbs of Ukraine?
13:46 – Tell us a little about your story from how you grew up to now?
15:30 – Explain the “I slept in a Walmart” time of your life
17:50 – How did you make it to Ukraine?
19:37 – How did you get started in investing?
26:12 – What do you traditionally invest in?
29:19 – What are some of the businesses you have invested in?
34:50 – How do you manage all of the businesses?
36:43 – Can you talk about your recent business trip to Dubai?
37:49 – What is your general philosophy on where to invest?
46:50 – Johnny and Derek 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!

176: Johnny FD, Millionaire & Q1 2021 Update Preview Apr 15, 2021

Johnny is officially a millionaire! Johnny and Sam discuss the journey from starting ILAB in 2015 to growing his portfolio to the million dollar mark today. Patreon members get access to the full show and can watch the full breakdown of all assets in Sam & Johnny's portfolio and Q1 2021 performance when you sign up at https://bit.ly/ILABPatreon.

Listen to ILAB 176 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

Invest Like a Boss Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

02:44 – "Thanks Johnny; Mr.Millionaire FD..." - Sam Marks
04:30 – "I didn't become a millionaire to have to worry about what time it was when I go surfing" - Johnny FD
07:56 – "Whatever you can do to maximise your piece of mind is the path" - Sam Marks
10:15 – Johnny talks about why he wants residency in Ukraine
13:27 – Johnny and Sam reminisce when they started the podcast
15:57 – "I'll rather be the tortoise, slow and steady" - Johnny FD

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!

175: Sam’s Top 10 Biggest Investment Mistakes Mar 18, 2021

Sam and Derek review some of Sam’s biggest investment mistakes and help you learn from his mistakes.

Listen to ILAB 175 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

Indeed

Get indeed's best offer anywhere for a $75 credit to boost your job post when you visit indeed.com/ILAB

Support Invest Like a Boss: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:06 – #10. 32 bitcoin lost in Mt. Gox
10:37 – #9. Fazzle mega search engine
15:52 – #8. 101 and Mint Lounge, Tallahassee
21:36 – #7 Buying “the stock tip” from unqualified people
26:32 – #6 Skywolf
32:06 – #5 Storing Gold in a Lock Box in China
37:17 – #4 Buying RMB currency
39:50 – #3 Don’t have too much trust in your financial advisor
47:29 – #2 Stock options
54:18 – #1 Selling at the bottom of the ‘08 crisis

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!

174: Buying Your Own Private Island with Farhad Vladi Mar 11, 2021

Few people can withstand the longing for their own private piece of land in the midst of vast oceans or an idyllic lake, far from the rush and confinement of the rest of the world. Even though it is of manageable size an island feels infinite - the water creates a natural boundary that provides island dwellers with a freedom not found in any piece of real estate on the mainland.

Yet it is the mainland that gives islands their special character. The luxury of a private island consists of the freedom to escape into solitude and to return from it at any time - therefore, even the smallest island with a simple log cabin is of immense value to its owner.

lt is a great and very moving privilege to observe the passing of the season on one's own island. Even after spending many years on their islands, many island owners have described to me how overwhelmed they felt by the beauty and power of nature - and the composure they have learned from it: on an island, everything takes place at nature's own slow pace. Those who respect this pace are richly awarded as they contribute to the maintenance of their island universe. Islands have cast their spell on me in my childhood, a spell that has not been broken to this day. On March 14, 1971 I sold my first island: Cousine Island in the Seychelles. To this date, the number of islands I have sold has reached 2,000. During these four decades, I had the opportunity to meet island owners with the most varying personalities. Regardless of their profession or social status, they all have one thing in common - they are all extreme individualists with great perseverance when it comes to carrying out their personal endeavours.

Today’s island owners do not have to struggle with infrastructure issues anymore. State-of-the-art systems to generate electricity and to purify water, the most comfortable ready-built houses, good technical tools for setting up road systems, as well as electronic communicating facilitate the development of the new isle. Once this whole process is completed, the owner usually has built up strong emotional ties to the land.

This remains today's actual major obstacle on the way to purchasing an island - islands are rare, regardless of their location in a lake, a river or the sea.

An island that has been carefully and lovingly reclaimed often feels to its owner like part of the family. Parting company with it is accordingly extremely difficult. This phenomenon can be described in other words: an island does not have a house number. An island has a soul.

Listen to ILAB 174 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

Masterworks
Use code ILAB at signup on Masterworks.io and skip the 20,000 person waiting list to start investing in art immediately
Support Invest Like a Boss: Join our Patreon

Discussed:

Vladi

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:26 – Can you tell us the story on the first island you bought?
09:39 – Where have you sold most of the islands?
13:00 – Do people approach you to purchase islands?
14:55 – Can you mention some of the celebrities you have as clients?
18:02 – What is the range of cost for these private islands?
19:48 – Are there smaller islands in Spain and Portugal?
20:25 – Are the islands undeveloped, or developed as it pertains to infrastructure?
22:38 – Do people buy islands and develop them for resale?
24:25 – What is the pitch for selling the island?
25:26 – What are some of the most expensive islands you have sold?
27:11 – How can someone learn more about buying an island?
29:12 – How do you acquire the islands for sale?
32:03 – Sam & Johnny recap

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!

173: International Allocation (Index Funds 202) Mar 02, 2021

Sam and Johnny do a follow up to the popular Index Funds 101 episode (Please link this) and expand the topic to international allocation into index funds.

Listen to ILAB 173 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 credit and receive an instant short list of candidates for your job post when you visit Indeed.com
Support Invest Like a Boss: Join our Patreon

Discussed:

VXUS: Total International Stock = 23% of my current. Aiming for 35%

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:50 – Why even bother investing worldwide?
10:39 – Johnny’s breakdown of his index funds
12:35 – Discussion on TenCents multinational
16:29 – Do you know what Taiwan Semiconductor makes?
20:09 – Listing some of the Top 10 international investments?
22:01 – The story of Toyota and Lexus
26:24 – Japanese stock market index
34:13 – All Seasons Portfolio breakdown
39:51 – VanGuard portfolio watch asset allocation backtesting risk-return allocation analysis
42:57 – What to do when you don’t have direct access to international index funds?
46:19 – Management fees with financial advisor

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!

172: Invest in Farmland with FarmTogether CEO Artem Milinchuk Feb 23, 2021

Artem has over 11 years of finance experience in food, agriculture, and farmland. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce. He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y and PwC. Artem holds an MBA from The Wharton School, and a BA and MA in Economics from the Higher School of Economics.

Listen to ILAB 172 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Venice / IG @DerekRadio

Sponsor:

FarmTogether
Support Invest Like a Boss: Join our Patreon

Discussed:

FarmTogether

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:04 – What got you involved in farmland investing?
09:22 – How does it differ to commercial and residential real estate?
11:25 – How does it compare to traditional investing?
14:15 – Does technology help in the challenge of making more food with less land?
16:39 – Why are so few investors in this asset?
20:38 – How can farmland help with an expected inflation in the economy?
21:38 – With the population moving out of the city, is this affecting the availability of farmland?
24:20 – How do you qualify to invest in FarmTogether?
28:23 – What is someone actually buying when investing?
30:54 – How are returns generated?
32:34 – Which is the best crop to invest in?
34:27 – Do the commodities vary in price?
36:11 – Can you get out of the deal early?
36:59 – How does FarmTogether profit from these deals?
37:45 – Can you explain the option of sole proprietorship?
38:41 – Are there any bonuses for investors?
40:23 – What are some really good sources of education on farmland and farming?
42:26 – Johnny and Derek 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!

171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup Feb 18, 2021

Mikkel Thorup is the host of The Expat Money Show podcast and the Director at EscapeArtist.com. He is the author of #1 Best-Selling book Expat Secrets on Amazon. Mikkel has spent more than 20 years in continual travel around the world, circumnavigating the globe more than 400 times visiting over 100 countries including Colombia, North Korea, Zimbabwe, and Iran. His goal is to help people just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.

Listen to ILAB 171 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 credit to boost your job post on Indeed when you visit Indeed.com
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

17:13 – Why invest offshore?
21:12 – What are your thoughts on investing in foreign currency?
23:26 – What are thoughts on holding gold?
26:35 – Can you describe the vaults you visited?
31:22 – What other investments will you recommend to those who want to go offshore?
36:25 – Can you clarify the reporting on overseas accounts?
39:15 – Why are you supportive of people having second residency or a second passport?
44:20 – What are some of the other ways you can file for citizenship?
47:05 – What are other services you help people with?
48:11 – Johnny and Sam 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!

170: Passive Online Business Investing with Empire Flippers Capital Feb 09, 2021

Mike Vranjkovic is the manager of Empire Flippers Capital. EF Capital is a platform for matching up passive investors and experienced online business operators. Accredited investors can acquire multiple deals to put together passive and diversified portfolios of online businesses.

Listen to ILAB 170 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Masterworks
Skip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks
Support Invest Like a Boss: Join our Patreon

Discussed:

Empire Flippers Capital

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:30 – Why did Empire Flippers decide to bring this investment arm onto the platform?
11:44 – Are these deals open worldwide?
14:00 – What is the investment minimum?
15:10 – Does Empire Flippers do any of the vetting?
18:54 – Is the operator investing their own money as well?
20:52 – Can you simplify the numbers from an investor perspective?
24:10 – Where can we review the available deals?
29:54 – Do you plan to add other types of investments other than content of fba?
32:54 – What happens if the deals are not funded?
34:20 – Is there anything else people should know before investing?
35:58 – What is the expected investing holding period?
37:17 – Can you estimate the risk and reward?
41:32 – Johnny and Derek 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!

169: Exit Rich - How to Sell Your Business for Huge Profit Feb 02, 2021

Seiler Tucker’s twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model ™” to help business owners set goals for the sale before their business hit the market, and the “Six Ps Method ™” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself.

In Exit Rich, author and authority on buying, selling, fixing, and growing businesses, M&A advisor Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and co-author of Rich Dad Poor Dad, to create a must-have guide for all business owners—whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future. Throughout the book, Sharon Lechter’s wisdom anchors each chapter with a “Mentoring Corner” section providing forward-thinking entrepreneurs with the perspective they need to take control of their business’ futures and exit rich. Seiler Tucker’s brilliant twofold approach to selling your business for maximum profit combines two of the most powerful elements of her M&A toolkit: the “ST GPS Exit Model™” and Seiler Tucker’s “6 P Method™.” Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. Michelle’s exclusive techniques have proven successful in many industries and across multiple business platforms. In Exit Rich, you will get a step-by-step blueprint for maximizing your business profits, as you learn how to evaluate your business, when to sell it, and how to work with the top business authorities to make that happen.

Listen to ILAB 169 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Get a free $75 credit to boost your job post and get quality candidates even faster when you go to Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

Exit Rich Book

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

12:22 – When should you prepare to sell your business?
14:13 – How do you determine a fair value for your business?
17:25 – Why do you think a lot of businesses don’t sell?
18:18 – Can you explain your “GPS Exit Model”?
24:48 – What are “the 6 P’s” ?
41:01 – What do most people overlook when selling their business?
43:45 – What can slow down or stop a sale of a business?
45:46 – Is it easier to sell a 2-Mil business than a 100-Mil Business?
47:47 – What are some of the fees involved when selling a business?
50:44 – What makes this book different from your other two books?
54:41 – Why should people buy the book?
57:28 – Johnny and Derek 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!

168: Drew Bledsoe, from Pro Football to Wine Estates Jan 26, 2021

Upon his retirement from the NFL in 2007, Drew Bledsoe "doubled back" to his hometown of Walla Walla, Washington to realize a long held dream. Drew and his Wife, Maura, purchased a piece of property on the southern edge of the Walla Walla Valley AVA and subsequently launched Doubleback as an estate focused winery with the goal of crafting America's best Cabernet Sauvignon in an elegant, true to varietal way. Drew had long been planning for this moment during his years playing football and success came immediately as the very first vintage earned a spot in Wine Spectator's Top 100 List.

Drew hired Josh McDaniels, now CEO & Director of Winemaking, away from Figgins Family Wine Estates where he had trained for almost a decade under their longtime mentor and friend, Chris Figgins. Josh, also a Walla Walla native, has been named a "Washington Prodigy" and a "Game Changer of Washington Wine" by Wine Enthusiast Magazine. The collaboration between Drew and Josh is a competitive partnership that pushes them to continue the pursuit of perfection in Cabernet Sauvignon every day.

Doubleback remains a small, family owned winery located on the southern edge of Walla Walla in its new home that was completed in 2018. The winery has four estate vineyards all located in the Walla Walla Valley and all unique to the other. Each vineyard is sustainably certified and farmed by its own incredible farming crew that is an integral part of the team. The team welcomes it's mailing list customers by appointment only daily.

Listen to ILAB 168 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Our Crowd
Get access to invest directly, easily and early in pre-IPO companies with OurCrowd. Sign up free now
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:42 – When did you know you wanted to go into the wine business?
13:20 – Has Walla Walla always been producing really good wines?
16:30 – What kind of investment advice is given to young athletes?
21:20 – Have you had other crazy investment proposals during your career?
24:58 – How was the transitioning for the NFL to the Wine Estates?
29:05 – How did you start with Doubleback once you retired?
31:06 – Did you know the economics of the wine business?
34:15 – Why do you think a lot of winery businesses fail?
40:06 – What are the future plans for the estates?
44:08 – Do you see this business staying in the family?
50:26 – Sam and Derek 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!

167: 2021 Bitcoin Outlook with Stephan Livera Jan 18, 2021

Stephan Livera is a Bitcoin Podcaster and co-founder Ministry of Nodes. He hosts one of the world's leading bitcoin podcasts focused on the economics and technology of bitcoin. Stephan came to the space in 2013 and started the podcast in 2018, hosting many leading names in the bitcoin world as a means to provide high quality, curated information. Stephan contributes articles, speaks and hosts bitcoin events and conferences. Professionally and previously Stephan worked as an Australian chartered accountant and auditor within financial services.

Listen to ILAB 167 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Thailand / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Our Crowd
OurCrowd investors have access to invest directly, easily, and most importantly, early in pre-IPO companies. Sign up free now
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

11:13 – How did you get into Bitcoin?
13:03 – What are you trying to unearth with your podcast?
16:34 – Do you view Bitcoin as a currency or an asset?
21:17 – Have you heard of any large funds buy Bitcoin?
25:45 – Are these long term holds?
30:43 – Where does it sit as a currency?
33:57 – Have you heard of any big platforms accepting Bitcoin as payment?
36:31 – Would it make sense exchanging Bitcoin with a stable coin?
37:39 – Do you see Banks adopting and dealing with Bitcoin
41:47 – Has the wallet technology improved as it relates to security?
47:32 – What do you mean by “self-custody”?
51:27 – What do you see on the horizon with Bitcoin?
53:13 – Sam and Johnny 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!

166: Q4 Updates and 2021 Plans (Patron Preview Episode) Jan 14, 2021

To watch the full 1 hour and 45 minute version sign up for any plan starting at just $5 a month at: https://www.patreon.com/investlikeaboss

165: Top ILAB Guests of 2020 + 2021 Preview Jan 05, 2021

With a crazy 2020 year during the Covid Pandemic Johnny and Derek review the top 5 guests for the year 2020.

During the episode, Johnny and Derek reminisce about some of the interviews they had during the year and how they have opened their minds during this year. They later discuss ideas for upcoming shows for 2021.

Listen to ILAB 165 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Our Crowd
OurCrowd gives accredited investors access directly, easily and most importantly early to Pre-IPO startups
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

09:03 – #5 Ryan Serhant : Luxury Real Estate
16:03 – #4 John McAfee : The Best chapter of my life
21:04 – #3 Joe Magnotti : Online Businesses
26:39 – #2 Blake Hutchison : CEO of Flippa
33:42 – #1 Bill Perkins : Die with Zero
47:18 – Q4 Previews and plans for 2021

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!

164 : Evaluating Doordash's IPO & Business Model with Mike & Joe Murgio Dec 14, 2020

Mike Murgio returns to the show (Last appearance: ILAB 165 - Bitcoin vs. Stocks, Tesla vs. Ford) along with his brother Joe Murgio to talk with Sam Marks about the upcoming Doordash IPO. They know the ins and outs of the delivery business as Joe is the CEO of DeliverLogic, a software company that services clients in the delivery space. Sam is also an investor in DeliverLogic. Joe Murgio goes over the Series 1 for Doordash's IPO and Doordash's overall business model. They'll discuss whether Doordash looks to be a solid investment and if it'll skyrocket like Tesla did after Mike correctly predicted on his last appearance.

Listen to ILAB 164 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed.com
Receive a $75 credit to boost your job post on Indeed and find quality candidates faster when you sign up at our link!
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

10:46 – Can you tell us about deliverlogic?
13:56 – Can you discuss the last 6 years of the business from your perspective?
20:40 – How did the market change with the newer delivery options?
25:00 – How has Covid-19 pandemic affected the delivery service industry?
26: 30 – Have you seen more entrepreneurs starting new businesses or has it been independent clients growing their business?
29:10 – How does the business side of door dash work?
30:04 – How do you buy shares in an IPO?
39:24 – How are they going to sell 33 Million shares?
40:51 – How does the price jump between primary and secondary trading?
45:25 – What is your perspective on DoorDash versus Grubhub?
51:53 – Are you going to buy in with DoorDash?
55:40 – Does this IPO excite you?
58:06 – Sam & Derek Recap

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!

163: Should You Buy the Airbnb IPO? With Forbes' Tom Taulli Dec 08, 2020

Tom Taulli has been in the tech industry for some time. While in the eighth grade, his dad bought him a computer and just left it on his desk. So he started to figure it out. And yes, he became obsessed with this machine. Then when he was a freshman in high school, he started to code and sold some of his programs to magazines (in the early 1980s, these publications had listings of code for readers to type in!) From all this, he knew he wanted to be a part of the tech world.

Although, it was not until college that he started his first business. You see, he was fairly bad at taking exams. What to do? Well, he created software for exam preparation. He would sell this to a national provider of bar exam preparation. The business would then go on to grow, as they added more and more exams.

But the biggest venture of his was launched in 1997. It was Hypermart.net. Think of it as kind of a first-generation Shopify. From the start, the growth was strong and they would sell the company to InfoSpace.com.

In the meantime, he has always been writing, such as for Forbes.com, Bloomberg.com, Kiplinger and BusinessWeek. He has also written a variety of books, mostly on tech and finance. His latest include Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems.

As of now, he is an advisor to some awesome startups.

Listen to ILAB 163 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Masterworks
Skip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks.io
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:44 – How did you get into the world of start-ups and IPOs?
12:40 – How does buying IPOs differ from regular stock?
15:58 – How does a company go from private to public?
19:50 – Is this a good time for AirBnb to go public?
21:02 – Do you see AirBnB financials to justify their increase in valuation?
22:04 – Do you see them profiting in the immediate future?
25:04 – Why do they focus on the hosts more than the guests?
26:37 – What are some of the pros for AirBnb?
30:09 – What are some of the risks with AirBnb?
32:05 – Should you be concerned that some of the Hotels are running similar packages?
33:05 – Can you see AirBnb expand into other profitable areas, like the AirBnb Experience?
34:40 – What do you recommend to be a maximum price point for entering the AirBnb IPO?
35:53 – Are their other stocks you would recommend as alternatives to IPO?
36:54 – Why is AirBnb not profitable?
37:52 – “travel and tourism will continue to be important it’s not going away” - Tom Taulli
38:43 – What are some of the tips and tricks to get in on the lowest level possible?
40:50 – Are you looking to buy into AirBnb?
43:26 – Johnny & Derek Recap

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!

162: Farmland Investing with AcreTrader CEO Carter Malloy Nov 20, 2020

Carter grew up in a farming family and has a lifelong passion for investing and agriculture. Prior to AcreTrader, he was part of an equity investment firm for 5 years. Before joining in 2013, Carter was a Managing Director with Stephens Inc., a large private investment bank, where he was an equity research analyst focused on the Internet, Data & Analytics and Real Estate Processing sectors. Prior to Stephens, he owned small businesses focused on internet marketing and sustainable fuel technologies. He graduated from the University of Arkansas with a bachelor’s degree in Physics and has previously held Series 7, 63, 86 and 87 licenses with the Financial Industry Regulatory Authority (FINRA).

Listen to ILAB 162 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed
Get a $75 credit to boost your job post and find your next hire faster
Support Invest Like a Boss: Join our Patreon

Discussed:

AcreTrader

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:50 – How did you get into farmland and agriculture?
08:30 – Before AcreTrader, how was farmland purchased?
10:22 – What is the usual size of these farms?
12:02 – Why farmland and not commercial or residential real estate?
15:15 – How does farmland outperform other asset classes?
18:25 – How long do you hold onto the land for?
18:39 – Are you concerned about the land depreciating because of bad farming practices?
20:26 – How long do farmers usually rent the land?
21:09 – How does it work for investors?
23:06 – How often does the investor get paid?
25:45 – Does the rental change depending on the farm?
27:03 – Do you normally list farms weekly?
28:09 – What is your investment range?
30:06 – What crops are the most profitable?
34:30 – How long are the investments?
37:48 – How are the taxes treated?
36:55 – Who can invest?
39:48 – Johnny & Derek Recap

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!

161: Investing in Fine Wine - Cult Wines CEO Tom Gearing Nov 13, 2020

Tom Gearing is CEO and co-founder of Cult Wines Ltd, the world’s leading fine wine investment company with assets under management of £130 million. Founded in 2007 and headquartered in London, the company has offices in Hong Kong, Shanghai, Singapore and New York (late 2020). Cult Wines provides physical fine wine portfolio management services to private individuals and clients of family offices, wealth managers and private banks globally. Tom has overseen the growth of the business receiving a number of awards including appearing on the Sunday Times Fast Track 100 in 2015 and 2017, as well as receiving a Queens Award for International Trade. Tom regularly features as a market commentator appearing on media outlets such as Bloomberg, CNBC Europe, CITYAM and more. Tom is a former runner-up on the BBC’s Apprentice in 2012.

Listen to ILAB 161 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Masterworks
At signup, go to Masterworks.io, select Podcast and use code BOSS to skip the 70,000 person wait list.
Support Invest Like a Boss: Join our Patreon

Discussed:

Cult Wines Ltd

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:40 – How did you get started in Wines?
12:09 – What is a “fraud” wine?
15:44 – Is there a lot of money in owning and operating a vineyard?
19:28 – Which country sells the most wine by volume ?
22:00 – What is driving the price of wine?
25:56 – What happens when the bottle “goes bad”?
30:30 – Do wines differ with food pairing and ageing?
34:24 – How does Cult Wines Ltd engage with different investors?
42:16 – What are the range of portfolios with your investors?
44:04 – Are all your investors financial investors?
46:30 – Where do you have operational centers throughout the world?
47:27 – Are there any restrictions on who can invest?
48:15 – Could you see yourself doing anything different?
51:29 – Sam & Johnny Recap

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!

160: 1 Euro Houses in Italy - Karl Pierre Nov 06, 2020

Karl Pierre is a Real Estate Investor, serial entrepreneur and educator. He earns over 1,000,000 every month, manages more than 400 workers, and he owns and controls over 15,000,000 in real estate assets. He started In Healthcare Staffing in his family business at age 14. Doing everything from hiring, payroll, billing, and staffing, later went on to flipping salvage automobiles. In 2006 he participated in his first real estate transaction and has been growing his portfolio as an investor ever since.

Listen to ILAB 160 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Indeed
ILAB listeners receive a $75 credit to boost their job post and help find more quality candidates faster
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:49 – How did you get started in Real Estate?
13:38 – What was the first international property you got involved in?
22:36 – Why did you choose Sicily?
23:18 – What is the “catch” of this investment?
30:15 – What do you think your renovation cost will be?
32:58 – How did you find a contractor?
34:20 – How was the closing process ?
40:41 – Are you looking at acquiring more properties?
46:12 – Patreon Questions
52:57 – Sam & Johnny Recap

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!

159: Q4 2020 Update Preview & Bill Perkins Follow-Up Oct 23, 2020

In the first half of this episode, Johnny and Sam give you a preview of their 3rd quarter 2020 investments. If you want to hear the full episode and see the video including screenshots of both Johnny and Sam's accounts you must become a Patreon. Sign up for the Invest Like a Boss Patreon account for as low as $5 per month to gain access.

In the second half of the episode, Johnny follows up with Die With Zero author Bill Perkins. (Listen to his first ILAB interview in Episode 149).

There was a lot of interest in what MLPs (Master Limited Partnerships) that Bill invests in himself and he actually lists the exact ones he has positions in! Johnny even decided to mirror Bill's investments himself, you'll have to listen to find out what MLPs Bill is in!

Listen to ILAB 159 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks
Derek Spartz - Los Angeles / IG @DerekRadio

Sponsor:

Our Crowd
Support Invest Like a Boss: Join our Patreon

Discussed:

Die with Zero

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

2:29 – Quarterly Update preview
23:11 – How do you afford to have a yacht experience?
24:30 – Who paid for the yacht you are on?
25:45 – How much was it to rent a yacht?
26:05 – How big is the yacht?
26:50 – “I identify the experiences then allocate the money” - Bill Perkins
27:14 – What MLP’s are you invested in?
29:03 – Is this a Long-term hold for you?
29:49 – Do you worry about the price per share when it is time to sell?
31:11 – Would I be crazy to do 10% of my net worth in MLPs ?
32:38 – “I wasn’t put on this earth to make 4%” - Bill Perkins

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!

158: Peter Mallouk Talks The Path with Tony Robbins Oct 15, 2020

Peter Mallouk is the President of Creative Planning, named the #1 Independent Financial Advisory Firm in America by Barron’s (2017). Barron’s magazine named Peter the #1 Independent Financial Advisor in America three straight years (2013, 2014, and 2015). CNBC named Creative Planning the #1 Independent Wealth Management Firm in the United States on the only rankings the network ever released (2014–2015). Peter is featured on Worth magazine’s 2017 and 2018 Power 100 rankings, a list featuring the 100 most powerful men and women in global finance. In 2017, Peter was a recipient of the Ernst & Young Central Midwest Entrepreneur of the Year Award. Creative Planning provides comprehensive wealth management services to high-net-worth clients, including investment management, financial planning, charitable planning, retirement plan consulting, tax planning, and estate planning services. Creative Planning currently manages nearly $50 billion for clients in all fifty states.

Reach Out to Peter Mallouk

Listen to ILAB 158 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks
Derek Spartz – Los Angeles / IG @derekradio

Sponsor:

Indeed
Support Invest Like a Boss: Join our Patreon

Discussed:

The Path: Accelerating Your Journey to Financial Freedom is Peter Mallouk & Tony Robbins'

Regardless of your stage of life and your current financial picture, the quest for financial freedom can indeed be conquered. The journey will demand the right tools and strategies along with the mindset of money mastery. With decades of collective wisdom and hands-on experience, your guides for this expedition are Peter Mallouk, the only man in history to be ranked the #1 Financial Advisor in the U.S. for three consecutive years by Barron’s (2013, 2014, 2015), and Tony Robbins, the world-renowned life and business strategist. Mallouk and Robbins take the seemingly daunting goal of financial freedom and simplify it into a step-by-step process that anyone can achieve.

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

8:22 – Why the New Book?
9:26 – Why was it necessary to include “the 6 human needs” in the book?
14:06 – Why do people have financial success but still are not happy?
15:57 – What still drives you to grow your business?
17:14 – How did you get started and how did you meet Toni?
24:47 – What are your thoughts on the All Seasons portfolio?
29:03 – What are your thoughts going forward with the US Stock market?
31:08 – How are you personally invested?
32:30 – What are the advantages of using your company as opposed to going directly?
34:42 – How do you feel about crypto currency?
36:52 – What does financial freedom look like?
38:56 – Johnny and Derek Recap

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!

157: Meet Derek Spartz: New Member of Invest Like a Boss Oct 08, 2020

Meet Derek Spartz, the newest member of Invest Like a Boss. Derek has been a member of ILAB since March 2020, mostly behind the scenes, but will be taking on a larger role going forward. So, we decided to have him on the show to learn more about his career background and investment portfolio. Johnny speaks with Derek to learn how he went from a corporate job in the music/radio industry with near zero savings and buried in debt to becoming self-employed, debt-free and achieving a 50% savings rate in less than 2 years. Derek has done all this while continuing to live in one of the most expensive places in the United States - Venice Beach, California. Learn why he continues to live there, what his plan is going forward, and how he was inspired by ILAB and eventually came to work on the show.

Listen to ILAB 157 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks

Sponsor:

MasterWorks
Select "Podcast" at signup and use code BOSS to skip the 70,000 person wait list and get direct access to invest.
Support Invest Like a Boss: Join our Patreon

Discussed:

Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

12:32 – Derek’s Background
22:35 – Derek’s employment after radio
32:27 – “I’m at a 50% savings rate” - Derek Spartz
37:57 – Is there a city or country you would consider moving to?
39:19 – How did you start working with Invest Like A Boss?
40:19 – Is there a plan for an Invest Like A Boss meet up in 2021?
41:49 – When is the Tony Robbins interview?
43:56 – What is the most impactful book you read?
46:16 – Where do you invest your money?

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!

156: How to Buy Real Estate Overseas in 8 Easy Steps Oct 01, 2020

In Buying Real Estate Overseas For Cash Flow (And A Better Life): Get Started With As Little As $50,000, Kathleen Peddicord and Lief Simon explain how to incorporate an investment in foreign real estate into your portfolio for as little as $50,000. With a lifetime of experience on the subjects of living, retiring, and investing overseas, the authors delve deep into this complex topic. Simply put, this book is a practical guide to buying property overseas as a strategy for earning cash flow to fund your dream retirement.

Buying Real Estate Overseas includes a breadth and depth of information on the world’s best markets for investing in real estate for cash flow. Its up-to-date information about this investment category puts to bed much of the outdated advice and guidance currently available in published materials.

The authors identify several hot, new markets where currency valuations and market conditions make the purchase of real estate an extremely wise investment decision in today’s volatile investment climate.

Listen to ILAB 156 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks

Sponsor:

OurCrowd
Support Invest Like a Boss: Join our Patreon

Discussed:

Buy Real Estate Overseas to Earn Cash Flow
Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

07:58 – How do you get started in buying properties overseas?
15:10 – Is it easy to find local banks that are willing to lend you money for properties?
20:54 – After you are financed, what is the next step?
27:41 – With short term rentals, how do you address property management?
30:44 – How do you choose a property?
39:38 – What strategies do you use for negotiating on the property?
46:16 – How is it best to handle closing on the property?
49:04 – What are the ways you can manage your asset?
50:42 – Where do you have real estate, and what areas are you interested in?
53:50 – How many properties have you owned at a single time?
57:59 – What are the best value markets right now?
61:11 – Sam and Johnny Recap

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!

155: Strip Club Economics - Rori Gordon Sep 24, 2020

Rori Gordon attended the School of Hard Knocks. After high school Rori worked in several facilities as a bartender. She learned about operations and management at the various places she was employed. In 1980 Ms. Gordon was offered a position managing the Hollywood Motel. After two years the nightclub located at the Hollywood Motel became available for lease. Ms. Gordon started Rori Promotions. At the same time she signed a lease with the Motel owner for the nightclub space naming it Anvines. Anvines became an overnight success and remained in operation from 1982 until 1989. In 1988 Rori Gordon decided to enlist the services of Billy Deans Entertainment. She ultimately hired Billy Deans Male Revue every Friday night at Anvines. The following summer Billy Deans “Foxy Boxing” was created with sold out shows for a 16 week booking.

Ms. Gordon was at a crossroad in her career and had to make a decision. In 1989 she sold her interest in Anvines and became partners in Billy Deans Entertainment. Promoting, touring and booking shows resulted in an unbeatable team. After 5 years of working in clubs all over the world Billy Dean and Rori Gordon wanted to put their feet down in one local location. This prompted the purchase of 1998 Billy Deans Showtime Café. Rori Gordon is the promoter and marketer. For many years she has been the bartender, food preparer for all events at the club and has even swept the floors. There is no task too small for this woman.

Ms. Rori Gordon belongs to the club of the very few female gentlemen’s club owners in the world. She is active in ACE the Association of Club Executives, supports the Center for Constitutional Rights, and enjoys participating in charitable events for Cancer Care. She is a community advocate for rooting out corruption in the Town of Hempstead and Smithtown. She loves everything vintage. Rori collects Roseville Pottery, Vintage Luggage, Hammered Aluminum and Airline Memorabilia. Mid Century Modern is her new kick. Her style is eclectic.

Listen to ILAB 155 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks

Sponsor:

Indeed
Support Invest Like a Boss: Join our Patreon

Discussed:

Billy Deans
Special ILAB Listener Offer for Equity Estates through October 1st, 2020
Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:48 – Is it rare to be a female Gentlemans Club Owner?
09:19 – What are the pros and cons of buying a successful club or a club that needs work?
12:54 – Have you tried to calculate the lifetime value of a customer?
15:25 – Describe your clientele as it relates to girls and guys?
16:53 – Which is more profitable a dance club or a gentlemans club?
18:48 – What are your experiences with the strippers?
20:41 – How do the female clubs and male clubs compare?
22:19 – How does your income compare between bar sales and dances?
25:20 – What is the typical work schedule?
28:48 – How do you find a club for sale?
37:21 – Are there other options besides regular dances?
39:48 – What is the usual approach for girls to sell dances?
43:17 – Do club owners discuss strategies and other business?
45:16 – How do you handle pressure from the community?
50:12 – Is there anything you think you would have done differently?
51:23 – Are there any themes or marketing strategies that you use?
56:02 – Sam and Johnny Recap

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!

154: Investment Returns for Ski-Country Vacation Rentals – Vacasa’s Shaun Greer Sep 17, 2020

Shaun Greer serves as VP of Sales and Marketing for Vacasa and is responsible for short-term-rental portfolio growth and real estate sales/compliance. He brings extensive experience in mergers and acquisitions, joint ventures and public and private partnerships to his role.

Shaun has been with Vacasa since 2015 and has held several positions including Senior Director of Real Estate, Director of Corporate Development and Mergers and Acquisitions Manager. When not cultivating relationships within the vacation rental industry or building the Vacasa Real Estate network, he is enjoying time with his family and outdoor activities.

Listen to ILAB 154 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – South Carolina / IG @imsammarks

Sponsor:

Indeed
Support Invest Like a Boss: Join our Patreon

Discussed:

Vacasa
Special ILAB Listener Offer for Equity Estates through October 1st, 2020
Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

13:44 – How did Vacasa get started?
16:18 – Do you manage the entire building or just the units?
19:00 – Do you handle all the taxes on behalf of the homeowner?
20:10 – What has been the demand change due to the effect of Covid?
23:22 – What has been the favourite type of destination?
26:35 – Where do you have the most listings?
27:46 – How often do owners use the property?
29:15 – What are the revenues for the various seasons?
32:19 – Do owners do monthly or daily rate rentals?
36:31 – What to expect, investment wise, on the different types of rentals?
42:36 – Are you investigating the ski seasons long term with climate change?
44:04 – What are the top ski markets?
46:30 – Sam and Johnny Recap

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!

153: Investing in MLPs; Is Now a Good Time To Invest? - Stacey Morris Sep 11, 2020

Stacey Morris is the Director of Research at Alerian, which equips investors to make informed decisions about energy infrastructure and Master Limited Partnerships (MLPs). Ms. Morris was previously the Investor Relations Manager for Alon USA Energy, overseeing investor communications for the corporation and its variable distribution MLP, Alon USA Partners. Prior to Alon, she covered the integrated majors and refiners at Raymond James as a Senior Associate in the firm’s Equity Research Division. Ms. Morris graduated summa cum laude with a Bachelor of Science in Business Administration from Stetson University and is a CFA charterholder.

Listen to ILAB 153 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Our Crowd
Support Invest Like a Boss: Join our Patreon

Discussed:

Alerian
Special ILAB Listener Offer for Equity Estates through October 1st, 2020
Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

09:07 – Were you always interested in energy growing up and when did you first learn about MLP?
11:05 – What is a MLP?
13:04 – Do MLPs have a regulation or restriction on their distribution of profits?
14:15 – Are all energy companies MLPs?
16:55 – Can you explain a hypothetical situation to explain tax exemption?
24:11 – What are the variables that move the price of a MLP?
28:17 – What are some of the big MLP companies?
29:43 – What are the easiest ways to invest in MLPs?
34:16 - Are high yields common?
37:28 – Is now a good time to invest in MLPs?
41:09 - Derek’s Recap
45:58 - Sam and Johnny Recap

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!

152 - Equity Estates - Philip Mekelburg Sep 04, 2020

Philip Mekelburg, CEO and Fund Manager, Equity Estates.

Philip has over 20 years of experience in business development, marketing, management and operations. After graduating from Cornell University, he worked as a corporate trainer and management consultant. His accomplishments include starting a fast-growing, new-to-market retail concept which he built up and sold within four years. The industry respected his novel approach and elected him president of their international association. Afterwards, Philip was hired as Director of Operations for a financial services firm where his work in channel sales garnered him praise, while expanding his knowledge and experience in marketing specialty finance products. He co-founded Equity Estates in 2006 and enjoys building a real estate portfolio that is also a smart investment that offers memorable experiences.

Listen to ILAB 152 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Indeed
Support Invest Like a Boss: Join our Patreon

Discussed:

Equity Estates
Special ILAB Listener Offer for Equity Estates through October 1st, 2020
Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

06:23 – How did Equity Estates start?
12:40 – How would you describe Equity Estates?
16:12 – How does Equity Estates compare to a timeshare or secondary home?
21:28 – What are the general characteristics of the properties?
23:56 – Where are the properties usually located and how do you select?
25:06 – What are the requirements and minimum investment to invest?
27:29 – How does the concierge experience work?
33:05 – How do you manage the expenses of all the properties?
37:08 – How do the average investor utilise their time at the property?
40:57 – Patreon: Do you have investment opportunities for non-accredited investors?
45:00 - Patreon: How does your affiliate portfolio work on the business side?
46:26 - Can you discuss the different funds available?
48:07 - Can anyone invested in any fund can access any property?
48:49 - Patreon: Are you seeing any impact from Covid-19?
49:53 - What is your favourite property in the portfolio?
55:20 - Sam and Johnny Recap

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!

151: Location Arbitrage - Living and Investing Overseas Aug 29, 2020

Sam and Johnny talk about some of Sam’s investments in real estate, and the benefits and challenges with investing in properties overseas as opposed to properties in the US.

Listen to ILAB 151 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @i msammarks

Sponsor:

Indeed
Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

20:39 – Benefits of living and investing overseas?
32:11 – Sam’s Investments in real estate?
40:47 – Discussion on one of Sam’s Investments 6th Avenue Phuket
43:39 – Are their perks of owning these properties as long term living options for you?
49:24 – Johnny speaks about a possible investment for him
60:52 – Patreon Question: What are the pros and cons for Nomads using an Air BnB?

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!

150: Worthy Bonds - Sally Outlaw Aug 21, 2020

Sally founded Worthy Financial to bring higher yielding alternative investments to the public. Her personal and company mission is an economic opportunity for all. She used newly updated securities regulations as part of the JOBS Act, to create a way for everyone to painlessly save while earning 5% on their money – and to do it while helping community businesses thrive. With a focus on the JOBS Act, she works to help investors and business owners navigate the new capital opportunities that arose with these new laws.

Sally is a seasoned entrepreneur having run her own businesses for the last 30 years. Her media and business ventures took her across the globe – including ten years of conducting business in Russia. More recently, she has been a contributor to and speaker for Entrepreneur Magazine, various universities, and business incubators on the topic of alternative finance and has been a repeated source on the topic of crowdfinance for national media outlets. She also authored the book “Cash from the Crowd” on how to successfully crowdfund which was published by Entrepreneur Press. Sally holds both a real estate broker license as well as a Series 65 license as a Registered Investment Adviser.

Listen to ILAB 150 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Masterworks Use our exclusive Masterworks code BOSS at signup to skip the 70,000 person wait list and get first dibs
Support Invest Like a Boss: Join our Patreon

Discussed:

Worthy Bonds (get 1 free bond with this link)

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:53 – What makes your investment “worthy”?
11:49 – Can you describe some of the assets you offer?
13:09 – How long has worthy bonds been around?
16:13 – What makes it a bond and not another kind of investment?
18:07 – Can you explain the 36 month term, if you can cashout or redeem at any time?
20:08 – How often does interest pay out?
21:52 – Who can invest in worthy bonds?
27:05 – How did you settle on a return on investment percentage?
32:46 – What is the lowest investment to start with worth bonds?
33:52 – Can I reinvest the interest I’ve earned on worth bonds?
37:22 - Can somebody buy bonds through their IRA or retirement account?
39:42 - What is the “Worthy Roundup Programme”?
36:24 - What is the “Golden Egg” Promotion?
44:39 - Sam and Johnny Recap

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!

149: Die With Zero - Bill Perkins Aug 11, 2020

Bill Perkins is the CEO of BrisaMax Holdings, a consulting services firm based in the US Virgin Islands. Called “The Last Cowboy” in a recent Wall Street Journal profile, after studying electrical engineering at the University of Iowa and training on Wall Street, Perkins moved to Houston to make a fortune as an energy trader.

In this episode, Bill will share the plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.”

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Colorado / IG @imsammarks
Bill Perkins - Capri, Italy / IG @billperkins

Sponsor:

Support the Show: Join our Patreon

Discussed:

"Die With Zero" Official Site: Diewithzerobook.com
Buy "Die With Zero on Amazon: Amazon.com/Die-Zero-Getting-Your-Money
Facebook: Facebook.com/Die-With-Zero
Twitter: Twitter.com/bp22

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

01:24 - Sam & Johnny FD’s episode introduction
08:08 - How to get 50% OFF your travel expenses
18:26 - “It’s about maximizing your life, fulfillment, memories that you’re going to create for yourself and retire on” - Bill Perkins
19:01 - Should you pass down massive cash to your kids?
30:07 - Ways to balance your lifestyle with the money in and out
32:58 - Switch to a more spending and abundance mindset
33:28 - “Shift the fear of running out of money to not living life” - Bill Perkins
34:48 - Does the 4% rule still work?
40:11 - Sailing the world with Dan Bilzerian
48:41 - Investing based rapid-fire questions
58:00 - Sam & Johnny FD’s episode wrap up and key takeaways

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!

148: Q2 Update 2020 - Patreon Exclusive Jul 24, 2020

Sam and Johnny sit down to review our investments, talk about our new trades, buys, sells, holds, what we thought of the quarter and what we plan to do going forward into the next few months. This and all quarterly updates going forward will be Patreon only exclusives, and will be in video format so we can more easily share our screens and account dashboards.

Watch the full 2 hour video update and breakdown by becoming a Patreon supporter and support the show!

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support Invest Like a Boss: Join our Patreon

Discussed:

Too many to list. We review our entire portfolios.

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan
WorthyBonds - Get 1 free bond when you sign up
(non-accredited investors OK)

*Johnny or Sam invest in all of the above services personally.

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!

147: Stripper Economics 101 - How Lucrative is Professional Dancing Jul 15, 2020

MEET YOUR FAVORITE LUSCIOUS BABE COACH, LAUREN ALLEN

A semi-retired stripper turned Super CEO, this bitch has seen it all.

Sex, Psychedelics, Music Festivals, and an abusive relationship sent this queen on a journey of exploration and self-discovery at 18.

Hella mistakes, alcoholism, and a ballsy jump into the strip club a year later catapulted her to become her very first mindset client.

Her intuitive approach to the hustle, soulful sales strategy, humor, and trauma-informed mindset work makes her a sexy + well-rounded coach whether you're 9-5 or shakin' that ass.

You can expect a Sailor Levels of cursing, lots of laughs, brilliant brainstorming, and a business bestie that will hype you up as you bust through your own bullshit.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support Invest Like a Boss: Join our Patreon

Discussed:

Luscious Lifestyle by Lauren

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:46 – Why do you think guys go to strip clubs?
11:34 – How did you get into the industry?
13:41 – What are the different ways to make money in the clubs?
14:55 – Does the house get a cut, or how does it work?
16:52 – “...there is no way of knowing who has what[money]..” - Lauren Allen
19:30 – What cities have you danced in?
21:18 – “This whole industry is not regulated at all” - Lauren Allen
23:15 – Have you ever tried webcamming?
25:16 – What’s the most, and what’s the least you ever made in one night?
29:48 – What are the other side business strippers have?
30:32 - Do you have savings or investments?
34:39 - Do you go through any training to become a dancer?
36:24 - What is the typical lifespan of a stripper?
40:31 - Flip Switch Question: What do you recommend a stripper do with her income? - Lauren Allen
42:43 - Is a breast enhancement a good investment?
44:27 - Have you ever been paid in anything other than money?
45:41 - Do you have a shift schedule?
47:01 - Do you have an idea of how much the strip club owners make?
50:25 - Sam and Johnny Recap
68:42 - Derek’s Recap

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!

146: Does Art Out-Perform the S&P500? MasterWorks’ Scott Lynn Jun 20, 2020

Scott Lynn is the Founder and CEO of Masterworks, the first company to allow investors to buy shares representing ownership of great masterpieces by artists like Warhol, Monet, and Banksy. Scott has been an active collector of contemporary art for more than fifteen years and has built an internationally-recognized collection of Abstract Expressionism that has included works by Clyfford Still, Barnett Newman, Mark Rothko, Willem de Kooning, and more. In addition to Masterworks, Scott serves on the board of v2 ventures (Adparlor, Giant Media, Reachmobi, Amply, and Sellozo), Payability, and the Brooklyn Rail (a non-profit publication in the art industry).

In this episode, Scott is discussing art as an investment class and compares it to other regular investments and how the regular person can get involved. After listening, you will better understand Art as an asset class and information on the company Masterworks!

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support Invest Like a Boss: Join our Patreon

Discussed:

Masterworks

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

08:24 – Are you passionate about art as a collector or have you primarily looked at it as an investor?
10:59 – Do you see a flood of money going into art presently?
13:07 – “last year approximate 6.8 Billion in art sold” - Scott Lynn
15:10 – When you buy a “Blue Chip” piece, where are they held or displayed?
16:04 – What makes a piece of art “Blue Chip”?
17:13 – “You do see a correlation between an artist passing away and prices going up, but it's not because the artist passes away, its because the artist is no longer producing work” - Scott Lynn
20:10 – How does the whole buying and procurement process happen?
24:18 – What’s the average price of a piece on Masterworks?
26:53 – What’s the typical length of time that your money is invested in these paintings?
28:56 – Q&A from ILAB community
35:07 - Derek’s Recap

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!

145: Coffee Shop Economics with Coffee Beanery’s Kevin & Laurie Shaw Jun 10, 2020

Laurie Shaw is the COO of Coffee Beanery, the best provider of 100% Arabica Specialty coffee with 40+ Flavored Coffees offered in Decaf Swiss Water Process. In addition, she manages gift sets, fundraising, franchising, & wholesale. Kevin Shaw, the Director of Franchise Sales, joined the family business as a manager of the Ren Cen store in Detroit and soon after moved back to corporate to develop the roasting, flavoring and packaging processes that have evolved into what you see today.

In this episode, Laurie and Kevin are taking us behind the scenes of their franchise to share what it’s like to run a coffee shop. Learn about the epic risks and big rewards of opening a coffee shop including the earning potential. After listening, you will understand the economics of owning a coffee shop and the vital steps in making it your next financial success!

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support the Show: Join our Patreon

Discussed:

Coffeebeanery.com

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

20:26 - Consumption patterns for coffee globally over the past few decades
25:02 - “People like going places that are more special and unique.” - Laurie Shaw
26:47 - The economics of owning a coffee shop
29:10 - Different products they sell and the revenue each product brings in
29:44 - How Coffee Beanery has responded to the rise of remote work and coffee shops becoming like coworking spaces
31:00 - The online order environment in the coffee business
33:22 - Where do their coffee beans come from?
37:01 - “People do business with people they like, and they will take an inferior product if they get an excellent experience.”- Laurie Shaw
40:50 - The cost and profit of a cup of coffee
41:35 - When and how Coffee Beanery moved towards the franchised model
44:43 - The requirements of becoming a franchise owner
55:00 - How Coffee Beanery creates customer loyalty
58:20 - The stats behind Coffee Beanery and other big coffee companies

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!

144: Own Your Future – Digital Assets, with Flippa CEO Blake Hutchison May 22, 2020

Blake Hutchison is an accomplished entrepreneur and the CEO of Flippa, a marketplace for buying and selling online businesses, based in Melbourne, Australia, and San Francisco. Prior to Flippa, Blake was the general manager and chief revenue officer of Luxury Escapes and head of strategic partnerships at Xero. Blake was also the founder of GOOD44, a venture capital-backed specialty food marketplace helping small business owners target a new customer base.

In this episode, Blake will share his experience with buying and selling domains including other digital assets. Find out how to successfully invest in this space and what you need to know before buying a new website. Listen to the end to learn about new online business opportunities.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Blake Hutchison - Melbourne /IG @blakenow

Discussed:

Flippa.com

Sponsor:

Support the Show: Join our Patreon

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

01:03 - Adjusting to the stay-at-home recommendations
10:30 - A background and introduction to Blakes Flippa organization
19:55 - Flippa's buying and selling process
29:50 - The process of buying any digital business
32:08 - “The reality is that digital assets is where people will look to spend their time.” - Blake Hutchison
40:08 - Thoughts on Amazon Affiliates lowering their commissions and how you can adjust for this
50:08 - Some of the top sites to buy right now
1:11:11 - “It’s less about how many views your listing had, it’s more about pinpoint matching.” - Blake Hutchison
1:12:47 - Getting sale notifications through Shopify stores
1:19:08 - Discussing massive new online business opportunities

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!

143: Luxury Real Estate, with Ryan Serhant May 06, 2020

Ryan Serhant is an American real estate broker, bestselling author, producer, and star of Bravo’s two-time Emmy Nominated reality television series, Million Dollar Listing New York, and its spin-off, Sell It Like Serhant. Ryan is also the leading member of The Serhant Team—an NYC-based, bi-coastal real estate group that has consistently ranked as the #1 sales team in New York and among the top five teams nationwide.

In this episode, Ryan Serhant will share an inside look into selling a billion-dollar per year of luxury real estate. Get insight into how high-end private deals are created including buyer and seller fee structures. In the end, you’ll hear about the ways Sam and Johnny FD are maintaining personal and professional success during this pandemic.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support the Show: Join our Patreon
Sponsor: Boardwalk Wealth

Discussed:

ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations
ILAB 125: Vetting Real Estate Deals Terms, with Omar Khan

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

02:23 - Quarantine update and personal insight
13:41 - Transitioning into the NYC real estate market
18:18 - Analyzing the buyer and seller fee structures
22:13 - Do you need an agent or broker to close deals
23:19 - “Hang out with people that have similar interests as you and are in your same wealth group” - Ryan Serhant
25:09 - Buying your first home after a large windfall
28:09 - Options for those with homes that won't sell
29:09 - “The average days on market for a property $20 million and above is 2 years” - Ryan Serhant
36:24 - Ryans future dreams and business goals
45:25 - Properly recovering & adjusting during the pandemic
51:52 - Final thoughts, key takeaways, and reading iTunes reviews

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!

142: Q1 Investment Updates – The 2020 Downturn Apr 21, 2020

Sam Marks and Johnny FD are self-made entrepreneurs who invest their own money and use modern technology to invest like a boss. During this episode, Sam and Johnny FD provide their perspectives on managing investments at different wealth levels as the COVID-19 pandemic progresses. They’ll share an update on how their portfolios have been performing over the last quarter.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks

Sponsor:

Support the Show: Join our Patreon
Sponsor: Boardwalk Wealth

Discussed:

Book: Unshakeable Book
Book: Simple Path to Wealth
Interactive Brokers
Johnny's Investing 101 Blog Post
ILAB 125: Vetting Real Estate Deals Terms, with Omar Khan
ILAB 112: FIRE – Financial Independence, Retire Early

Like these investments? Try them with these special ILAB links:

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

05:37 - Investing in individual stocks vs investing in index funds
10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years." - Sam Marks
10:23 - Understanding investment fees
15:05 - Creating an emergency saving fund before investing
21:45 - Books to read before investing
25:00 - How much money should you invest
27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks
30:22 - Index funds to choose for first-time investing
35:00 - Advice for investors outside of the USA
40:00 - Situation with stocks right now
43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD
47:58 - Stocks vs bonds
50:00 - Taxable and Non-Taxable accounts in the USA
55:46 - Websites where you can invest

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!

141: Online Businesses – The State of the Industry, with Empire Flipper’s Joe Magnotti Apr 10, 2020

Joe Magnotti is the CEO of Empire Flippers, an Inc. 5000 company and the #1 curated marketplace for buying and selling established, profitable online businesses. Joe has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines.

In this episode, we will discuss the 2020 trends for buying and selling online businesses. Expect to hear predictions of where this industry is headed including ways to navigate businesses during the COVID-19 crises. Whether you are buying a business and want to grow it, or you want to sell your business for maximum value, you’ll discover insight to help achieve that goal.

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – North Carolina / IG @imsammarks
Joe Magnotti – Manila, Philippines

Sponsor:

Support Invest Like a Boss: Join our Patreon
Sponsor: Automation Finance

Discussed:

Empire Flippers State of Industry - Trends Report
ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites

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
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

*Johnny FD and Sam use all of the above services personally.

Time Stamps:

02:09 - Discussing business and personal goals during the quarantine
10:23 - The silver lining to the COVID-19 pandemic
18:46 - The upside to a remote office structured company
21:38 - “For me, I love it, I’d never want to go back to an office if I can avoid it” - Joe Magnotti
25:44 - Economy insight & current digital trend in the Philippines
28:51 - What is an Inc 5000 company?
29:58 - What is Empire Flippers and how does it work?
37:19 - 2019-2020 Trends for buying and selling online businesses
40:46 - Amazon FBA business tools and techniques
42:21 - “If you have a physical product business and you’re not on Amazon, you’re doing yourself a disservice” - Joe Magnotti
44:43 - Selling distressed assets along the economic COVID-19 cycle
55:02 - How the international supply chain is affecting businesses
58:17 - The easiest online business to buy and manage
1:06:05 - Should you buy an Amazon-based business?
1:10:13 - Analyzing 2019 trends for buying & selling online businesses
1:17:46 - Appreciating our podcast listeners!

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!

140: John McAfee – COVID-19, and the Best Chapter of Life Apr 01, 2020

John McAfee is a US computer programmer, businessman and fugitive millionaire, who is well known for his antivirus software company McAfee. John McAfee is wanted in the US for various crimes and he is in hiding.

In this episode, Sam and Johnny FD, talk with John McAfee about his life in hiding, his view on coronavirus pandemic and his predictions about cryptocurrency future. Hear John McAfee tells stories from the early days of McAfee antivirus company and how he escaped jail in Guatemala. Listen to the episode till the end to learn what Sam & Johnny FD predict about the future of the economy after the coronavirus outbreak is over.

Where we are:

Johnny FD - Sri Lanka
Sam Marks - Charlotte
John McAfee - Undisclosed Location

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
Wealthfront – get your first $15,000 managed free

Time Stamps:

00:30 - INTRO: Quarantine update from Sri Lanka and North Carolina
13:45 - Conversation with John McAfee
17:30 - What is a success: a point of view from John McAfee
24:33 - Stories from McAfee company's early days
31:30 - The most exciting chapter of John McAfee's life
34:00 - John McAfee's opinion on coronavirus
36:00 - John McAfee's predictions on cryptocurrency
37:20 - OUTRO: Discussing John McAfee's interview, world economy future after COVID-19 and cryptocurrency potential

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!

139: How to Buy Stocks and Index Funds for Newbies: Investing 101 Mar 24, 2020

People across the world are shaken by the rapid spread of the coronavirus. Stocks are plunging and the economy crash feels inevitable. And as bad as news seems to every person this situation might have some new opportunities for everyone to finally start investing.

In this episode, Sam and Johnny, who are long term investors, discuss the current situation with the market. They explain why this might be the best time to look into investing. They explain the basics of investing for beginners, give advice on what stocks to look into, how to avoid typical mistakes and what books to read about the topic. Learn why investing in index funds the safest way and how to balance your stock portfolio.

Where we are:

Johnny FD - Sri Lanka
Sam Marks - North Carolina

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
Wealthfront – get your first $15,000 managed free
Vanguard - Open an Online Account

Time Stamps:

05:37 - Investing in individual stocks vs investing in index funds
10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years." - Sam Marks
10:23 - Understanding investment fees
15:05 - Creating an emergency saving fund before investing
21:45 - Books to read before investing
25:00 - How much money should you invest
27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks
30:22 - Index funds to choose for first-time investing
35:00 - Advice for investors outside of the USA
40:00 - Situation with stocks right now
43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD
47:58 - Stocks vs bonds
50:00 - Taxable and Non-Taxable accounts in the USA
55:46 - Websites where you can invest

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!

138: How Global Finance is Making Us All Poorer – Nicholas Shaxson Mar 18, 2020

Nicholas Shaxson is a renowned financial journalist from Germany who authored the book, The Finance Curse: How global finance is making us all poorer. He is a journalist, campaigner, and world expert on both tax havens and financial centers, as well as the resource curse. His writing has appeared in Vanity Fair, the Financial Times, the Economist, the Economist Intelligence Unit, and many others.

On this episode, Nick talks about his take on the issues in the economy based on his experiences. He shares his insights about the schemes in the business industry which poses a great danger to the economy and democracy. During the discussion, he delves into the paradox of financialization to a country and enlightens the listeners to the idea of monopoly and imbalance to the business. This episode reveals the problems that an investor may encounter in the business industry.

Where we are:

Johnny FD - Sri Lanka
Sam Marks - North Carolina

Links:

Book - The Finance Curse by Nicholas Shaxson

Sponsor:

AutomationFinance.com/Boss

Time Stamps:

07:44 - How Nick conceptualized ideas for his book
13:51 – What are the impacts of the financial curse to a country?
16:18 – Understanding the financialization of an economy
19:23 – How monopoly is related to the corporate imbalance
24:41 – The harms that tax haven bring to a country/state
28:09 – Downsides of investing to a private equity
30:17 – “Private equity is a profitable business but the problem is that they make very high internal returns” – Nicholas Shaxson
35:30 – Difference in banking system between the UK and USA
38:15 – How powerful people control the market and the economy of the country
40:25 – Most corrupt and rotten banks in the history
44:15 – “I’m a strong believer that tax havens have been a very negative problem for the world economy; and similarly, finance being too big is something that I would like to change” - Nicholas Shaxson
50:53 – The problem of a growing company

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!

137: Best Visas & Citizenships by Investment, with Andrew Henderson Mar 04, 2020

Andrew Henderson is a lifelong entrepreneur and the world’s most sought-after expert on offshore strategies and global citizenship. He coordinates Nomad Capitalist’s global strategy, R&D, and media efforts as part of his mission to help millions of people go where they’re treated best. Andrew has spent the last twelve years personally studying and applying the principles of Nomad Capitalist.

In this episode, you will learn how to go offshore, keep more of your wealth, and enjoy an unprecedented level of global freedom. Find out what you need to consider when renouncing your US citizenship including insight into the best passport to obtain as a digital nomad and international investor. After listening to this in-depth conversation, you’ll understand why you need to ultimately go where you’re treated best!

Links:

NomadCapitalist.com

Where We Are:

Johnny FD - Weligama, Sri Lanka
Sam Marks - Bodrum, Turkey
Andrew Henderson - Kuala Lumpur, Malaysia

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
Wealthfront– get your first $15,000 managed free

Time Stamps:

02:10 - Traveling Turkey and other non-popular locations
08:45 - Does the USA treat you the best?
11:17 - What to consider when renouncing your US citizenship
18:15 - Obtaining additional citizenships by investments
18:53 - “I gave up my US citizenship in late 2017, I don't know that the United States is the best place.” - Andrew Henderson
21:47 - Best countries for visa-free travel
25:57 - Countries that provide citizenship through a straight forward investment
31:56 - The golden visa in popular countries
38:31 - The truth behind Diplomatic passports & immunity
42:57 - Will it be easier to move around internationally in the future?
44:34 - Nomad capitalist: An inside look
44:55 - “The first thing I think everyone should do is have a plan. Cover your finances, lifestyle residence and citizenship, and your investments.” - Andrew Henderson
47:15 - Benefits to the Thai Elite Visa from Thailand
48:03 - Should more countries offer better visa programs
50:54 - The best passport to have as a digital nomad
57:22 - Lessons learned from attempting to hold the ultimate travel documents
1:03:24 - Thank you Patrons and Apple Podcast reviewers!

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!

136: KingMakers - the shift to investing in offline businesses Feb 18, 2020

Kylon Gienger is the president of KingMakers, an investment fund and accelerator for small business buyers. He founded and operated multiple business investments in the construction, food service, fitness, real estate, online education, and digital marketing industries.

On this episode, Kylon talks about investing in small businesses that would potentially grow to a million-dollar business, with the help of his company, the KingMakers. He explains some key points in strategically building industry by starting with leverage and having a partnership to successfully pay the loan and gain the profit. There are more ideas and lessons to learn here, so listen in!

Where we are:

Johnny FD - Sri Lanka
Sam Marks - Barcelona

Links:

Sponsor:

DiversyFund.com – Use coupon code BOSS20

Time Stamps:

06:01 – The idea of building over buying a business
09:22 – The start of KingMakers
12:00 – Taking business commission by website’s affiliate links
19:41 – Buying businesses and growth plans
24:48 – How an investor creates profit in buying a business by a leverage
28:57 – “Turn the profit knob and start earning those dollars back eventually and exit for a lot more than you paid for” - Kylon Gienger
30:51 – Kylon explains the minority and majority share to a business
33:50 – “When working with a business partner, you want to make sure that you work well together” - Kylon Gienger
34:58 – Managing and analyzing the business for the best quality
40:57 – Reinvesting in dying businesses and earning profit from it
43:42 – How business partnership operates
49:50 - Eliminating failures in the business
52:29 – The best ways to manage the business

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!

135: Innovation at AT&T, Investing in 5G and IoT with Chris Penrose Feb 07, 2020

Chris Penrose is Senior Vice President of AT&T’s Advanced Solutions organization. He has responsibility for leading AT&T’s business development and specialized sales efforts for next-generation technologies, including 5G, Internet of Things, edge computing and networking solutions.

During the episode, Chris reveals how AT&T conceptualize and plan out their innovations, especially on coming up with the best ideas for technological developments. He explains the advancements in the new 5G and IoT technology; and how they will be delivered to the consumers. He also shares what AT&T is looking forward to in the next years.

Where we are:

Johnny FD - Bangkok
Sam Marks - Barcelona

Links:

Website - Business.ATT.com
Newsroom - ATT.com/News
Twitter - AT&T News

Sponsor:

Indeed.com/ILAB

Time Stamps:

04:55 – The foundation and purpose of AT&T
05:48 – How AT&T plan out their innovations
06:10 – “Innovation is one of the forefronts of what we try to do at AT&T” - Chris Penrose
09:54 – How AT&T come up with the best ideas
11:41 – IoT vs. 5G
17:15 – What are the exciting concepts that he sees in the future?
17:36 – “If it doesn’t serve a purpose, then don’t do it” - Chris Penrose
23:00 – What are the advances that 5G offers as compared to 4G?
24:50 – Two new products that AT&T introduced this year
26:26 – How will 5G be delivered in the market?
30:53 – The future of cell sites
34:24 – Providing priority connection to first responders
35:31 – The expansions in technology in the next 10 years
36:17 – “The speed of innovation is only going to continue to increase” - Chris Penrose
38:12 – Advantages of autonomous driving

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!

134: 2020 New Year’s Investment Updates, with Johnny FD & Sam Marks Jan 10, 2020

As the year 2020 begins, Sam Marks and Johnny FD give a head start to those business-minded individuals with their investment advice. Sam and Johnny are self-made entrepreneurs who use their hard-earned cash to invest in the best investment platforms, grow their net wealth, and live their dream.

In this episode, Sam and Johnny share their investment strategies, one of which is generating passive income. They reveal a ton of insights on how to handle your finances by sharing their own investment choices. They also provide advice to cope with the plummeting economy and provide effective ways to manage funds. So sit back and listen to this episode’s investment ideas for 2020.

Links:

InvestLikeABoss.com/Patreon
DiversyFund.com
Support ILAB on Patreon: Patreon.com/InvestLikeABoss

Time Stamps:

04:10 - A look back from the past years
08:55 – Dividend vs. Distribution
14:00 – House Lending and Real Estate
16:15 – What are the best cash saving accounts?
18:35 – What’s it like to invest in Spain
23:15 – Investing with PeerStreet
27:25 – The beauty of passive income
35:27 – Effective property funds
44:06 – “Places that I plan to go back every year, I might leave money on bank accounts” – Johnny FD
45:51 – Sam and Johnny’s stocks and equity of the year
53:49 – What is Diversification?
55:40 – How to survive a potential recession?
58:45 – “Try to figure out to eliminate some of the heavy fix cost” – Sam Marks
1:04:19 – Having a passive investment with Airbnb

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!

133: 2019 Year in Review, Sam Marks & Johnny FD Dec 16, 2019

As the year 2019 comes to an end, it is time for Sam Marks & Johnny FD to share their year in review. Both Sam and Johnny are digital nomads, investors, and travelers who love exploring the world while growing their net worth.

During the episode, Sam and Johnny share their amazing travels for the year, including the Trans-Siberian Trip, which has been on Sam’s bucket list for quite some time. They share their experiences while on their adventures and their realizations throughout the year. They also reveal their top purchases for the year, the books they read, and their ultimate goals for 2020.

Where we are:

Sam Marks and Johnny FD – Chiang Mai, Thailand

Links:

Diversyfund.com – Use coupon code BOSS20
Get Your FREE audiobook
ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans

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
Wealthfront– get your first $15,000 managed free

Books:

Trans-Siberian Trip:

See Sam’s pics of trip on Instagram @imsammarks

Costs
> Visa - $400
> Train & Hotels (18 days) - $2,015
> Activities - $1,800
> Flights - $600
Total: $4,815
+ $1,500 cash
Grand Total: $6,315

Note from Sam: this was an extended 3-week trip starting in Helsinki. We traveled in first-class sleeper trains, stayed in the nicest available hotels, and at the finest restaurants. The trip could easily be done for ½, but the value is so good, I would recommend trying to do as much as you’re able to. If you go, I would recommend using the travel agency below who arranged everything for us and arranged a guide at each stop.

Travel Agency:

Company: NomadTrain
Website: NomadTrain.co
Email: hello@nomadtrain.co

Note: contact Olga or Irina and mention “Invest Like a Boss” sent you and they will give you $50 off your trip

Time Stamps:

14:34 – “I took the Trans-Siberian Railway. It’s been the top trip I wanted to do my entire life ever since I heard about it” – Sam Marks
19:52 – Crazy adventure in Russia
25:40 – What items in the Bucket List they crossed off this year
29:01 – Overcoming an internet disconnection dilemma
31:42 – Organizing the Nomad Summit
35:54 – Going back to a $250 apartment
37:29 – “Speaking of leveling up, a big part of it is learning and growing” – Johnny FD
37:32 – Books they read this year
41:51 – Learning Russian through audiobooks
45:41 – Johnny‘s travel log
46:32 – “My ultimate goal would be a maximum of 4 countries a year” – Johnny FD
48:10 – Travel plans for 2020
51:15 – Sam’s top purchases for the year
53:46 – Johnny’s product purchases for the year
1:00:44 – Rapid progressions in the world

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!

132: Buying a Business vs. Starting a New One, with Ace Chapman Nov 12, 2019

Ace Chapman is an Investor Strategist who has bought and sold over thirty businesses and has helped his clients buy over one hundred businesses all over the world. He bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it, he then realized that there are more benefits in buying a business over starting one, which paved the way for his investment career.

On this episode, Ace weighs the difference between buying a business and building a business. As an investor himself, he explains his approach to business that may help other investors generate the best returns. This is also an inspiring episode where he shares his amazing journey from being a college drop out to becoming a successful businessman.

Where we are:

Johnny FD – Mexico
Sam Marks – Russia

Links:

Time Stamps:

09:05 – Ace’s Story
17:43 – What are the businesses he has ownership of?
20:41 – Buying a business vs. building a business
24:00 – Categories of businesses he is into
25:09 – “Every time you go to a successful business and learn from an entrepreneur who made it to the other end against all odds, you can learn a lot.” – Ace Chapman
29:15 – Pros and Cons of online and offline businesses
40:44 – Financing strategies
47:21 – Where to go for financing
50:02 – The “snowball effect”
56:27 – “Thinking creatively about where to put your money and generate the best returns, that is the real goal.” – Ace Chapman
58:25 – His passive investments
40:03 – “I am definitely an investor” – Ace Chapman
1:00:32 – How to distinguish an investor from an entrepreneur
1:03:39 – Things to consider when buying a business

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!

131: Equity Crowdfunding in 2020, with StartEngine CEO Howard Marks Oct 28, 2019

Howard Marks is the CEO of StartEngine, an Equity Crowdfunding platform that allows ordinary people to invest and help entrepreneurs achieve their dreams. He is an experienced entrepreneur with a history of building successful businesses. Before launching StartEngine, he co-founded Activision (Call of Duty) and was the Chairman of Activision Studios from 1991 until 1997. As a former Board Member and Executive Vice-President of video-game giant Activision, he and a partner took control in 1991 and turned the ailing company into the $37 billion market cap video game industry.

On this episode, Howard explains the impact of Equity Crowdfunding on the economy. He believes that this investment platform is the future of finance, especially for small businesses. He shares his journey in building StartEngine and the vision that led him to transition into crowdfunding - despite his success in his previous career. This is an insightful conversation that is perfect for both entrepreneurs and investors.

Where we are:

Johnny FD – Mexico
Sam Marks – North Carolina

Links:

Time Stamps:

06:04 – Transitioning to Equity Crowdfunding
07:54 – Understanding why other entrepreneurs could not raise money
12:22 – How to unlock a larger pool of investors?
15:55 – “For the first time in 80 years, the ordinary person can invest.” - Howard Marks
17:16 – Why he started Crowdfunding?
18:28 – His first campaign
21:39 – “My biggest justification for what we’re doing was to help entrepreneurs achieve their dreams” - Howard Marks
22:10 – The next challenge: Helping investors trade shares
25:12 – The gift that keeps giving
29:10 – His vision for the years to come
30:28 – “The private small companies are the backbone of the economy” - Howard Marks
31:50 – “Equity crowdfunding is the future of finance for small businesses” - Howard Marks
32:54 – The average capital raise
34:56 – Successful campaigns via StartEngine
35:39 – What they are looking for in an entrepreneur
37:20 – Pieces of advice for early-stage entrepreneurs

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!

130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson Oct 14, 2019

Richard Wilson is the CEO of Centimillionaire Advisors, LLC, a company providing performance-based family office solutions for $100M+ net worth families. He is also the founder and head of Family Office Club, the largest community of registered family offices globally with over 1,750 private investor members.

During the episode, Richard brings us into the world of the super rich with over $100M net worth. After working for them for several years, he has learned several strategies on how they accumulate their wealth. He explains how the ultra-wealthy manage their assets and lifestyles, how they aspire for growth, and what common mistakes they make.

Where we are:

Johnny FD – Mexico
Sam Marks – North Carolina

Links:

Time Stamps:

7:05 – What is a family office?
7:24 – “The richer you are, the busier you are” – Richard Wilson
8:04 – Why do the ultra-wealthy need a family office?
8:35 – How much worth are people with family offices?
12:06 – Managing assets and lifestyle of the ultra-wealthy
14:46 – Building a team for the family office
16:19 – Financial planning for investments
18:26 – Outsourcing of $50M vs. $100M net worth families
21:03 – Who are the Centimillionaires?
23:41 – What he learned while working in a family office for years
27:02 – Do the ultra-wealthy still desire for growth?
31:55 – Important notes in wealth generation
32:20 – “It’s not just you work hard and you become ultra-wealthy” – Richard Wilson
33:33 – Maintaining assets of rich people
34:51 – Common mistakes of the ultra-wealthy
35:39 – “Some reasonable plan can help keep things in check” – Richard Wilson
36:08 – What to expect from Family Office Club?

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!

129: Q4 Investment Updates & Portfolio Review - Sam & Johnny Oct 02, 2019

Sam Marks and Johnny FD are self-made entrepreneurs who use their hard-earned cash to invest in the best investment platforms, grow their net wealth, and live their dream.

During this episode, Sam and Johnny share their investment strategies which helped them maximize investment returns. They also share their travel experiences which include finding an amazing recording studio, living a new home, and flying on a private jet. This is an episode filled with asset-growing ideas that will help you with your next investment venture.

Where we are:

Sam & Johnny – Los Angeles

Discussed:

Diversyfund.com – Use coupon code BOSS20
ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans
Investlikeaboss.com/summit [Promo Code: MLG50]

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
Wealthfront– get your first $15,000 managed free

Time Stamps:

02:32 – How to invest in PeerStreet
03:23 – “Widespread diversification is the key to consistency” – Sam & Johnny
04:54 – What is PeerStreet?
09:02 – Lending Club investing
10:00 – Investment advantages of Fundrise
13:01 – “The financial dream is that you create enough passive income to live your lifestyle while growing your net wealth” – Sam & Johnny
18:19 – How municipal bonds multiply profit
20:42 – Where to invest for individual stocks
28:24 – Sam’s investments for this quarter
33:41 – Vanguard dividends and income returns
37:03 – Johnny’s Wealthfront account
41:15 – Managing your own finances
46:16 – Upside in investing in US dollars
49:05 – Johnny’s private jet experience
55:54 – What you need to know about LA
1:08:56 – Sam and Johnny’s travel plans

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!

128: 5G Has Arrived – How to Invest, And What To Expect with Matthew Cochrane Sep 13, 2019

Matthew Cochrane writes articles for the Motley Fool, mostly on companies in fintech or payments, though my investing interests definitely extend outside those sectors.

During this episode, Matthew will share how investors can profit off the 5G wireless revolution. Learn what 5G is, why it’s so important and what the risks are when investing in 5G. Listen for specific stocks that may beat the market over the next several years.

Find out how you can meet the biggest bosses like Adam Nash, Meb Faber, and Brett Crosby at the Invest Like a Boss Summit. This event will help those wanting to learn how to invest their money, whether you are just starting out or already advanced and wanting to diversify.

Links:

Discussed:

Diversyfund.com – Use coupon code BOSS20
ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans
ILAB 110 – How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas
Investlikeaboss.com/summit [Promo Code: MLG50]

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
Wealthfront– get your first $15,000 managed free

Time Stamps:

00:42 - The ups and downs of airline flights internationally
06:40 - Join us all in Los Angeles for the ILAB Summit!
10:30 - How fast will 5g actually be?
17:30 - Young children using technology
18:22 - Can phones support 5g?
19:31 - Are 5G devices harmful and dangerous to humans?
20:53 - When will consumers be able to fully use the 5G network?
23:21 - 5G in your home
24:15 - “85% of US households have access to either 1 or 0 internet service providers that could offer speeds of 100mbps.” - Matthew Cochrane
25:40 - Is it too late to start investing in the 5G stock market?
26:04 - “One of the greatest advantages individual investors can have is having a long term mindset.” - Matthew Cochrane
26:42 - Investing through individual stocks + most favorable stocks
34:55 - The technology in microchips
36:22 - 5G WiFi in-home network vs. cellular service
39:56 - Visualising the next generation of technology
44:55 - Should you invest in 5G?
48:25 - Verizon, AT&T, and China Mobile
50:21 - Meet the biggest billion-dollar bosses

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!

127: SaaS Businesses – Valuing, Investing, and Exiting with Dustin Struckman Aug 28, 2019

Dustin Struckman is one of the founding Partners at Digital Acquisitions. Having sold several of his own businesses through his business partners previous brokerage, they decided to found Digital Acquisitions in 2016 in order to provide exit services to an underserved market segment. They are now one of the leading web-based business brokerages in the world.

During this episode, Dustin will share how to value, exit, and invest successfully in a SaaS business. Learn about the typical deal structures and digital acquisitions including Sam and Johnny FD’s experience selling their business. Listen to the end to find out of investing in a SaaS business is right for you.

Check out the new Invest Like a Boss Summit in California!

Links:

Discussed:

Diversyfund.com - Use coupon code BOSS20
ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites

Where we are:

Johnny FD - Tbilisi, Georgia
Sam Marks - South Carolina, USA
Dustin Struckman - West Seattle

Time Stamps:

03:34 - SaaS options that we personally use, today
05:30 - Backing and introduction into the SaaS business market
09:00 - How to value a SaaS business
16:08 - Building the value of tech into a SaaS business
16:58 - “The tech just comes along for the ride. That’s why SaaS businesses get a higher multiple.” - Dustin Struckman
20:20 - Comparing SaaS, eCommerce, blogs, and content site valuations
23:44 - “Things like SEO don’t necessarily increase or decrease the value of the business. What they do is increase or decrease the sellability of the business.” - Dustin Struckman
30:25 - Typical deal structure and digital acquisitions
37:24 - Selling Johnny FD’s first online business
40:02 - Selling Sam’s SkyCig company
47:29 - Leaving room for growth when selling your business
55:04 - Should you buy a SaaS business?

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!

126: Happy Money, Improving Your Relationship With Money - Ken Honda Aug 12, 2019

Ken Honda is the author of Happy Money: The Japanese Art of Making Peace with Your Money. He is a bestselling author of self-development books in Japan, where he has sold more than seven million books since 2001. While his financial expertise comes from owning and managing several businesses, his writings bridge the topics of finance and self-help, focusing on creating and generating personal wealth and happiness through deeper self-honesty.

During this episode, Ken will help you discover the tools you already possess to heal your own life and relationship with money. Learn how to treat money as a welcome guest, allowing it to come and go with respect and without resentment; understand and improve your money EQ; unpack the myth of scarcity; and embrace the process of giving money, not just receiving it.

Links:

Time Stamps:

02:25 - Introducing the concept of happy money
04:51 - Can money actually buy happiness?
05:25 - “Money definitely can reduce your stress but money itself cannot buy happiness.” - Ken Honda
06:46 - Where does the unhappiness come from?
09:27 - Why it seems like all the bad people make the most money
11:16 - The perfect amount of yearly income to optimize happiness
15:47 - Educating your kids on money
16:40 - “Teach your kids how to be satisfied, whatever you have otherwise you’re into comparison with other people and feel miserable.” - Ken Honda
17:59 - The international relationship with money and changing your energy
20:01 - “The key to wealth is appreciation and gratitude.” - Ken Honda
23:46 - Best advice for young people and their relationship with money
27:41 - Paying and supporting your local community
34:20 - Sam & Johnny FD’s current relationship with money

125: Vetting Real Estate Deals Terms, with Omar Khan Jul 30, 2019

Omar Khan’s global experience has been leveraged across commercial real estate and capital markets. He has advised on over $3.7 billion of capital financing and M&A transactions. Being a seasoned professional in capital markets (capital financing, M&A, sell-side equity research), strategic planning and operations has provided him with a unique perspective.

In this episode, Omar will discuss why every potential investor should read and understand the PPM. Find out ways to leverage property tax advantages that will bring down your tax bracket. Learn how real money is made in real estate private equity while investing in deals where there is an alignment of interest with the sponsors.

Links:

Linkedin
Boardwalkwealth.com
Check out the new Invest Like a Boss Summit in Vegas!

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Tbilisi, Georgia

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
Wealthfront– get your first $15,000 managed free

Time Stamps:

01:14 - A brief wine history and traveling Georgia, the country
07:05 - What is PPM used for?
16:05 - What it takes to put together a PPM
19:12 - “Everybody thinks their a genius because in a bull market everybody confuses luck with brains.” - Omar Khan
24:32 - Private Placement Memorandum: The Sophisticated Investor’s Guide
29:52 - How becoming a real estate agent will cut your taxes in half
39:55 - A standard and fair depreciation clause
41:03 - “Have low fees and a high equity structure so you get compensated for performance.” - Omar Khan
49:15 - Class of limited partners and equity split best practices
57:43 - The depreciation method used - Cost segregation
1:04:40 - Foreign earned income exclusion & other taxes advantages
1:16:53 - The risk of not reading the PPM

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!

124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans Jul 18, 2019

Sam Marks and Johnny FD are self-made entrepreneurs who invest their own money and use modern technology to invest like a boss.

During this episode, Sam and Johnny FD give an inside look into their financially independent lifestyle and share how their current investments are performing. Listen for unique travel stories like when Sam ran with the bulls, Johnny broke his nose, and their experiences after exploring new countries. Listen to the end to hear about Johnny’s first investment in a new startup.

Links:

Sam’s Running with the Bulls 2019 POV
Check out the new Invest Like a Boss Summit in Vegas!

Where we are:

Sam Marks - Kieve, Ukraine
Johnny FD - Temecula, California

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
Wealthfront– get your first $15,000 managed free

Time Stamps:

02:10 - Earning money to live the life you want
05:58 - Summer traveling as a digital nomad
08:55 - “The best travel have a balance of a few ingredients: A bit of physical challenge, partying, if possible business/networking, and adventure.” - Sam Marks
12:34 - Most livable places to live in Europe
15:53 - Running with the bulls bloody mess stories
24:17 - Sparing with Ukrainian guys & breaking your nose
32:03 - More information on the Invest Like a Boss Summit
34:48 - Johnny FD’s current financial net wealth
42:17 - Sam Marks Investment update on municipal bonds, annuities, Mapletree, and PeerStreet
44:00 - “When you invest in something it takes a few months, sometimes, to kick in start making money.” - Johnny FD
48:23 - Startup investment tips and strategy
53:46 - Johnny FD’s investment update with index funds, 401K, Art of FX, Bitcoin and FaceBook stock
58:33 - New insight into the 5G network
1:00:35 - Johnny FD’s first startup investment
1:03:09 - Future travel and adventure plans

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!
Copyright 2019. All rights reserved. Read our disclaimer here.

123: Inside an Accelerator, with Startup Wise Guys’ Jone Vaituleviciute Jul 01, 2019

Jone Vaituleviciute is a partner at Startup Wise Guys, Europe's most experienced B2B startup accelerator and one of the most active early-stage investors in the Nordics.

During this episode, Jone will reveal details on the 3 month-long on-site mentors driven program held in either Tallinn (Estonia), Riga (Latvia) or Vilnius (Lithuania). Learn how they help teams position themselves to raise the next funding round within 6 months. Find out how founders support themselves during early-stage accelerators and discover your chance of survival as a new startup. Listen to the end for practical use cases of bitcoin and cryptocurrency including insight into the future of blockchain.

Links:

Check out the new Invest Like a Boss Summit in Vegas!

Where we are:

Sam Marks, Johnny FD & Jone Vaituleviciute - Vilnius, Lithuania

Discussed:

ILAB 75 – Impact Investing – Running the Vatican’s Accelerator with Steve Forte

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
Wealthfront – get your first $15,000 managed free

Time Stamps:

00:34 - The joy and beauty of traveling Vilnius, Lithuania
04:05 - Practical use cases of bitcoin, cryptocurrency, and blockchain
13:25 - What is an accelerator?
15:56 - Attracting quality talent to the local area
18:43 - The entire process explained for startups
20:15 - What is a term sheet and how do you use it?
23:10 - How founders support themselves during early-stage accelerators
25:06 - What is your chance of survival as a new startup?
26:01 - “80% of our companies, out of a portfolio of 150, continue working on and growing.” - Jone Vaituleviciute
26:20 - What happens if your company fails?
26:38 - “We haven’t had a bankruptcy in a classical sense amongst our team.” - Jone Vaituleviciute
27:12 - Utilizing the portfolio management program
28:23 - Demo Day expectations and walkthrough
31:46 - Embracing an international family-style network
35:00 - Greetings and farewell in other languages
42:01 - Contemplating the future of blockchain

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!

122: Lifestyle Investing, Passive Income, and The Financial Dream Jun 10, 2019

Sam Marks are Johnny FD have been transparently sharing their investment journey on this podcast for over three years. They have personally and professionally benefited from learning the tools and techniques that drive their successful investing lifestyle, passive income, and ultimately financial dream.

During this episode, Sam and Johnny FD will share how their investments generate a passive income that affords them to live an adventurous lifestyle while growing assets. Listen as they dissect their vastly diverse asset allocation so that you can replicate a portfolio that fits your style of investing. You’ll also find out if you need to be accredited or non accredited to make the best possible investments for your future.

Links:

Check out the new Invest Like a Boss Summit in Vegas!

Where we are:

Sam Marks - Lithuania
Johnny FD - Eastern Ukraine

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
Wealthfront – get your first $15,000 managed free

Discussed:

ILAB 119 – Q1 2019 Review, Sam & Johnny’s New Investments, and Updates

Time Stamps:

01:19 - Traveling to Minsk, Estonia, and Eastern Europe
12:28 - Cost of living in the USA vs. Europe/Asia
22:12 - Affording the nomad lifestyle in a passive way
27:17 - “Being retired, financially free, financially independent: It’s not, never working again but it’s only doing things that you enjoy doing and that happens to pay you money, anyway.” - Johnny FD
34:38 - Analyzing the different FIRE tiers
37:41 - “If you’re just trying to figure it out quickly you can make a lot of mistakes and lose a lot of money.” - Sam Marks
38:43 - Asset allocation pie chart discussion
44:31 - Reinventing into your investments
54:27 - “If you’re bringing in and spending everything that comes in each month you’re paycheck to paycheck. That’s not cool. Growing your wealth is cool.” - Sam Marks
58:26 - Best investments for accredited and non-accredited investors

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!

121: Investing in Private Real Estate Funds, with MLG Capital’s Tim Wallen May 20, 2019

Tim Wallen is a Principal, CEO, and sits on the investment committee for MLG Capital. The company offers real estate investment services to accredited institutional or individual investors. Tim joined MLG in 1989 as the Chief Financial Officer and remains committed and involved with daily, integral functions of the investment and development segments.

During this episode, Tim will share how you can generate superior returns through the meticulous execution of real estate investment strategies. Learn how MLG aligns the funds & investors interest in fee structures including the tax advantages for the individual investor. Listen to the end for insight into making your first real estate investment.

Links:

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Kharkiv, Ukraine

Discussed:

Time Stamps:

01:01 - Traveling to Lithuania + meetup
07:21 - MLG Capital’s background and introduction
11:07 - “We’re both a private equity firm and a vertically integrated real estate operator with 30 years of history of operations” - Tim Wallen
16:31 - The process of acquiring new properties
16:54 - “Are your assumptions that you’re making believable and achievable? Can you deliver?” - Tim Wallen
21:13 - The advantages and disadvantages of being a public or private fund
28:13 - Aligning the funds & investors interest in fee structures
34:29 - Tax advantages for the individual investor
36:11 - “We’re not looking just to buy huge volume we’re looking to make money” - Tim Wallen
37:33 - Massive property investment outcome + available funds
42:43 - Investing as a non us citizen & minimum investment
48:36 - Sam’s experience with investing in MLG
50:22 - The problem with online funds
52:36 - Making your first real estate investment

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!

120: Real Estate Investing in Belize, with Will Mitchell May 07, 2019

Will Mitchell is a Canadian real estate investor and the author of The Investor's Guide to Belize Real Estate. His years of real estate experience in both Canada and Belize has allowed him the ability to identify value in growth markets and recognize opportunities others miss .

During this episode, Will share why you may want to invest in the Belizean real estate market. Learn how to how to buy real estate in Belize and what property taxes are like. Find out why Belize is the fastest growing country in the Caribbean from a tourism perspective and how it creates a favorable environment for investors, nomads, and retirees.

Links:

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Kharkiv Ukraine
Will Mitchell - Toronto, Canada

Discussed:

Time Stamps:

01:36 - Should you travel to Belize?
07:10 - Focusing on the islands for tourism and baby boomers
08:04 - “100% of my focus from an investment standpoint is on the islands” - Will Mitchell
15:21 - The nomad and traveler scene in Belize
18:24 - The country's strong legal system and currency
20:55 - Island hopping and beach life at its best
23:07 - A day in the life of a Belize paradise
24:40 - The John McAfee story and island crime rate
32:45 - How to invest in the property market
38:08 - Beachfront condo starter costs
42:36 - “When you live in Belize you become 100x more popular” - Will Mitchell
43:22 - The AirBnB, rental market, and potential ROI
45:30 - “A standard return on the island would be around 15%” - Will Mitchell
48:26 - Tax % and breakdown
49:42 - “The lay of the land on property taxes is extremely favorable for investors” - Will Mitchell
49:57 - Monthly investor field trip & coworking in Belize
52:45 - Riding JET Powered Surfboards
55:30 - Communicating with others in different languages
01:03:23 - Invest Like a Boss Conference
01:07:53 - Should you invest in Belize?

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!

119: Q1 2019 Review, Sam & Johnny’s New Investments and Update Apr 18, 2019

Sam Marks and Johnny FD will discuss any updates to their finances, investments, and personal portfolios.

During this episode, Sam and Johnny will share insight into last quarters earnings and losses in investments like Wealthfront, online and property realty funds, Annuity policies, and startups. Learn to manage your portfolio, balance your travel expenses, and business property investment failures. Listen to the end to hear their future travel adventures and possibly meet up with them along the way!

Links:

The 8 Best Investing Podcasts of 2019

Discussed:

Where we are:

Sam Marks - Boca Grand, Florida
Johnny FD - Lisbon, Portugal

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
Wealthfront – get your first $15,000 managed free

Book:

Rich Dad Poor Dad - Robert T. Kiyosaki

Time Stamps:

01:56 - Traveling and moving plans
04:52 - Analyzing Johnny FD’s new net worth
05:55 - “My net worth has crossed the $700,000 mark” - Johnny FD
09:54 - Living expenses in the US vs international
18:49 - New Wealthfront, HP serving, Realty Mogul, and Marcus Bank investments
22:43 - Annuity policies, Paytient, and Explorest investment update
31:01 - Managing your realty funds and online investments
33:34 - “You can easily get into another 30 investments and annual filings become burdensome” - Sam Marks
35:39 - Angel investment deep dive and explanation
40:01 - Available cash on hand
44:43 - Phuket property business investment fails
49:08 - European travel adventure plans and running with the bulls

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!

118: Estate Planning 101 with Matthew Wiley Mar 08, 2019

Matthew Wiley is a managing partner at Wiley Etter, LLC, who are passionate about helping you plan for the future. Matthew believes in two fundamental principles, estate, and financial planning should be simple and focused on the client’s needs. He works with a team of advisors, accountants, and other professionals to ensure that his clients’ needs come first… Always.

During this episode, you’ll be given the tools and techniques to create a financial and legal plan for your future regardless of your wealth level. Find out some of the most important documents you’ll need when preparing your estate plan. Learn the proper process so that you can successfully transfer wealth to your heirs.

Listen to the end as Johnny FD and Sam Marks reveal exactly what their wills include.

Links:

WileyLegal.com

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Sri Lanka

Time Stamps:

01:20 - Skiing in Tahoe and sunny Florida
05:52 - What is estate planning?
06:54 - “I like to think of myself as the most trusted confidant helping you reach your business, financial, and personal goals without alienating any of your family members” - Matthew Wiley
07:17 - Should you take state planning seriously?
09:19 - What documents do you need to prepare your plan?
17:13 - Financial inheritance to your heirs - The process
19:24 - “Elvis Presley’s will is available and Whitney Houston. Everyone can see their affairs” - Matthew Wiley
25:00 - Should you set up an asset protection trust?
32:36 - Learning the do’s and don’ts of AP
37:47 - Transferring wealth to your heirs
38:52 - “If you have even close to $10 million dollars you can’t possibly turn that into intergenerational wealth without a lawyer” - Matthew Wiley
42:50 - What happens when somebody actually dies? What's the process?
45:36 - Terrible experiences that tear families apart
55:50 - Johnny FD crates his own will online
1:02:32 - Sam Marks will explain in detail
1:07:33 - The truth about the funeral industry

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!

117: The Big Short? Danny Moses Now Calls The Big Long – Cannabis Feb 22, 2019

A Wall Street insider since 1991, Danny Moses has seen his fair share of Bull and Bear Markets and has been able to observe the markets from a number of perspectives: Municipal Bond analyst, Institutional Sell-Side Broker, Trader, and Hedge Fund Manager.

The book, and later the movie, "The Big Short" chronicled a few people who saw the housing bubble forming in 2004 and figured out how to successfully navigate through the volatility in the financial markets. Danny was part of this small group who were forward-thinking and brave enough to have bet against the market and to have participated in one of the greatest trades in Wall Street history.

During this episode, Danny will talk about investing in the emerging industry of cannabis which he now calls ‘The Big Long’. Learn how and why you should invest including what companies and categories to choose. You’ll also hear entertaining insight into “The Big Short” movie and how it compares to what actually happened in real life.

Links:

Where we are:

Johnny FD - Malaysia, Kuala Lumpur
Sam Marks - South Carolina

Discussed:

Time Stamps:

04:55 - Danny’s aggressive attitude in real life vs the movie
09:16 - Closing funds and not honoring redemption requests
13:15 - Exiting the market at the right time and a fraudulent system
19:14 - After the stock market crash & an introduction into cannabis
25:35 - “Make a small investment in something. I don’t care what it is” - @dmoses34
30:18 - Companies and categories to invest in within cannabis
34:54 - How to start your investment for a long term hold
40:57 - “The biggest category to me is wellness” - @dmoses34
41:13 - “In the markets in the US where cannabis was legal alcohol sales were dropping tremendously” - @dmoses34
46:25 - Reminiscing of the time right before the crash
50:17 - The health benefits of CBD vs THC
54:58 - Should you invest in cannabis?

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!

116: Bob Sapp - MMA, Entertainment, and Financial Planning for Athletes Feb 11, 2019

Bob “The Beast” Sapp is an international MMA megastar, professional wrestler, actor, and former NFL player, WWE professional wrestler, and world champion kickboxer. He mostly fought in Japan where he has appeared in numerous commercials, television programs, and various other media.

He remains the most- merchandised, most-adored, and most-watched fighter in the history of the sport with 54 million Japanese who watched him bully Akebono in 2003.

During this episode, Bob will share how his transition from a fighter to an entertainer has given him long term success. Expect to learn about his personal portfolio including his plans for retirement and future investments. Find out how Bob will add a key element to the MMA industry in Thailand.

Links:

The Official Bob Sapp

Where we are:

Sam Marks - Tampa, Florida
Johnny FD - Chiang Mai, Thailand
Bob Sapp - Washington State, USA

Books:

Time Stamps:

03:04 - Watching Bob Sapp as a kid
08:44 - Bob's background and introduction
11:59 - Transitioning from a fighter to an entertainer
17:43 - Traveling to nearly 200 countries & location arbitrage
23:07 - Investing philosophy to practice as athletes & entertainers
23:53 - “Do your best to no longer be using loans or credit cards” - @BobSappMMA
25:14 - Buying a house with cash in any country
28:03 - Planning for retirement and future
36:12 - The difference between a real fighter and entertainer
38:01 - “They can pay to see you get knocked out or they can pay to see you win” - @BobSappMMA
42:57 - Finding your niche and Promoting your brand
51:06 - Fight recap and match highlights
54:38 - Johnny’s key takeaway from this episode

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!

115: 2019 Financial Resolutions, Life Plans and Updates Jan 27, 2019

Sam Marks and Johnny FD are here to talk about their 2019 financial resolutions, life plans, and investment updates. Although this may have been their worst performing quarter since they started the podcast there were many other gains.

During this episode, you’ll hear an update on Sam and Johnny’s investment accounts such including Vanguard, Wealthfront, PeerStreet, Fundrise, and Forex. Learn a few simple but effective tips for new investors and how Sam and Johnny plan to grow their own bank accounts. Find out how much money is enough to live the life you want!

Check out the new Invest Like a Boss Summit in Vegas!

Links:

Digital Nomad Conference: NomadSummit.com
Invest Like a Boss Summit: Live Event

Where we are:

Sam Marks & Johnny FD: Chiang Mai, Thailand

Discussed:

ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations

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
Wealthfront – get your first $15,000 managed free

Book:

Mastering the Market Cycle: Getting the Odds on Your Side Hardcover - Howard Marks

Time Stamps:

03:47 - The life of Chiang Mai, Thailand
08:40 - Setting new year resolutions and travel plans
14:08 - “I have this superficial goal of getting to 100 countries” - Sam Marks
17:07 - The Spanish Non-Lucrative Residence Visa
23:12 - Quarterly update on our investments
23:15 - “This has been the worst performing quarters since we started the podcast” - Johnny FD
27:46 - Vanguard vs Wealthfront
31:06 - Basic startup tips for new investors
33:07 - Cash, PeerStreet, Fundrise, Forex wins in the downmarket
39:20 - New investment update from last quarter
47:33 - Invest Like a Boss live conference and meetups
54:59 - Johnny's plan to reach a millionaire dollar net worth
56:51 - Sam explains the up and downs of startups
01:10:30 - How much money is enough to live the life you want

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!

114: Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin Jan 17, 2019

Eddie Lorin is the founder of Founder of Alliant Strategic Preservation Funds, an integrated owner/operator of affordable and workforce housing across the U.S. They sponsor a variety of residential real estate equity funds focused on economically distressed communities.

If you're planning to realize a sizeable capital gain in the near future, the time is right to learn about opportunity funds so you can make an informed investment decision.

During this episode, Eddie will share how your investment in Opportunity Zones have the potential to pull millions of Americans out of poverty and generate both financial and social returns for investors. Find out what exactly O Zones are and ways to put yourself in a position to understand this business in order to successfully invest yourself. Listen towards the end to hear Sam Marks and Johnny FD discuss a potential downside to O Zones.

Links:

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

Where we are:

Sam Marks - Gold Coast Australia
Johnny FD - Chiang Mai, Thailand
Eddie Lorin - California

Discussed:

Join The Boss Longue

Time Stamps:

06:47 - An introduction: Three components to O Zones
07:42 - “Three states in the country actually got 80% got all the venture capital in the last 50 years” - Eddie Lorin
11:00 - What happens on the rental income after acquiring a low-income unit?
15:06 - The 100% basis rule and housing crisis explained
24:56 - “We should revitalize every single census tract” - Eddie Lorin
30:58 - How to invest into an opportunity zone funds
33:29 - “The ultimate impact investment is low-income housing” - Eddie Lorin
34:01 - Ways to be smarter than the average person
36:01 - Learning to manage your own property and lend money
41:38 - Viewing the interactive opportunity zone layout map
44:57 - Is the only downside to O Zones gentrification?
49:00 - The Fundrise Opportunity Fund breakdown

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!

113: Mortgage Servicing, How it Works, and AHP’s New $50m Fund - DeAnn Donovan Dec 14, 2018

DeAnn Donovan is the President & CEO of AHP Servicing which uses crowdsourced funds to purchase past due loans at a discount. As an investor, benefits include earning a competitive return of up to 10%, monthly dividends, and best efforts liquidity. Additionally, funds are open to both accredited and non-accredited investors.

When you invest with AHP Servicing, you are rebuilding communities, keeping borrowers in their homes, and inspiring hope for those who need it the most.

During this episode, DeAnn shares talk about what mortgage servicing is, how it works, and how you can make a passive income while getting monthly payouts. Learn how AHP is protecting investors, borrowers, and proprietary information. Find out if this investment puts you in a strong possession regardless of an up or down market.

Links:

AHPservicing.com

Where we are:

Sam Marks & Johnny FD - Chaing Mai, Thailand
DeAnn Donovan - Chicago, Illinois

Discussed:

Time Stamps:
04:04 - Fund highlights
04:26 - “Somebody can get started and make an investment with as little as $100” - DeAnn Donovan
05:10 - The history before AHP and track record payouts
06:54 - Passive income and monthly payouts
08:10 - Core functions of mortgage servicing
09:58 - Selling discounted and nonperforming notes
13:22 - Acquiring and vetting notes
15:01 - Balancing execution and socially responsible
16:00 - Are we looking at a recession in the new few years?
18:10 - How relationships shift the business towards success
19:37 - Liquidity and protecting investors and borrowers
22:55 - Reinvesting and online investor portal
25:24 - Sam and Johnny’s investments with AHP
31:03 - First ILAB Meetup with guest speakers and listeners!!!

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!

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

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

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!

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

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

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

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:

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!

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

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

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

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

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

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

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!

102: Understanding Credit Score and Comparing the Best Credit Cards Aug 28, 2018

Ted Rossman is an Industry Analyst at CreditCards.com and writes the "Wealth and Wants" column. He has seven years of experience in the credit card and personal finance industries as a member of the award-winning communications department at CreditCards.com and its sister sites, The Points Guy and Bankrate.

During the episode, Ted gives away the tricks and tips in choosing the perfect credit card that will suit your lifestyle. Since credit cards are used by most of the people, understanding its use is of great benefit. He explains how credit score works and what its associations are. He also helps us understand the credit points, reward redemptions, and credit bonuses for different people with different needs. This is surely an episode we all can relate to!

Links:

CreditCards.com

Where we are:

Sam - Tampa, Florida
Johnny FD - La, California
Ted - New York City

Time Stamps:

05:13 – How he got involved in the Credit Card Industry
07:33 – The impact of applying more credit cards to your credit score
10:50 – Tricks in improving credit scores
103:36 – Negative information and its impact on credit score
15:42 – Monitoring credit report
19:34 – Best credit score
21:02 – Major considerations in choosing a credit card
22:23 – Reward redemption and credit points
31:18 – Point redemption and bonuses
39:33 – Cards for travelers
41:23 – Matching your cards to your lifestyle
47:30 – The Best card with no annual fee
52:45 – Improvements and trends in the credit card industry
56:11 - Juggling multiple credit cards
57:13 - Priority Pass hacks
01:01:00 - Riding Bird Electric Scooters in LA
01:02:54 - Flying from credit card points and flyer miles
01:04:44 - What credit cards are in Johnny FD's and Sam wallet?
01:08:28 - Going down 100 points on Sam's credit score

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!

101: ICOs 101, Inside an Initial Coin Offering with Marshall Taplits Aug 14, 2018

Marshall Taplits is the co-founder and chief strategy officer at NYNJA, a company building global operating system for the future of work. NYNJA Group is creating the first international mobile communications app with an on-demand marketplace and its own cryptocurrency ecosystem. Marshall began his career in software quality assurance 18 years ago and has acquired vast knowledge and expertise on online trends and developments including the popular Initial Coin Offering (ICO).

On this episode, Marshall explains the fundamentals of ICOs and its impact on the present generation. Since we have reached the era of the internet, much digital advancement has been introduced. As an expert in ICOs, Marshall educates us on what an ICO is and what benefits we get out it. This is an enlightening conversation about coin ownership, launching ICOs, and ICO investing.

Where we are:

Marshall - China

Sam - Santiago

Johnny - Ukraine

Links:

Nynja.io

Time Stamps:

11:11 – What is his definition of an ICO?

12:00 – Big ICOs including Bitcoin and Ethereum

15:04 – Benefits in using Ethereum when launching an ICO

17:05 – How an ICO launch works?

18:07 – Qualifications for issuing an ICO

20:18 – Difference between a token and a coin

21:14 – Accessing the new coin

24:12 – Selling or trading coins

28:26 – Value of coin owners in the company

31:06 – What makes a successful ICO?

34:46 – Developing new coins that he is excited about

38:20 – Standard road map in funding ICOs

45:03 – How Ninja started and what they do

47:32 – Ninja coin

48:01 – What are they building at Ninja?

54:02 – The process of investing in ICOs

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!

100: 100th Episode - Listener Questions and Answers! Aug 03, 2018

Invest Like A Boss podcasts celebrates a new reaching as it launches its 100th episode. In order to give thanks to all the listeners, Sam & Johnny welcomed questions from the audiences so that they too can be part of this investment journey! Both hosts have personally participated in various investments that they learned through this show. Featuring several financial experts, this podcast has opened limitless possibilities in the investment arena.

On this special episode, Sam & Johnny answers questions from listeners based on their own knowledge and experience. This conversation reveals so many tips and strategies that would help you take control of your finances!

Where we are:

Johnny - Ukraine

Sam - Arizona

Links:

Personal Capital

Dropshipping Course

Boss Lounge

Time Stamps:

06:43 – Strategies during an economic recession

20:25 – What to buy when everything is down

27:26 – Recommendations for young non-accredited investors

32:34 – Ranking for young investors

41:59 – What it takes to become an accredited investor

50:56 – Best strategy that made the most impact on their finances

53:43 – What were their quickest decisions and how they felt about it?

57:08 – Tips and strategies to increase productivity

1:00:08 – Paying debt vs. Investing

1:06:24 – What net worth number would make them satisfied?

1:12:57 – Investments below $500

1:14:32 – Cost-Benefit of Traditional College Education

1:16:54 – Going into AirBnB investment

1:18:33 – Enjoying Investments

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!

99: Q2 Investment and Performance Updates - Sam & Johnny Jul 24, 2018

Co-hosts Sam & Johnny are up again for another quarterly update on all investment ventures they are personally participating. They have been giving updates on the performances of their investments as well as their new investments every three months to give light on the subject for all the investors and investors-to-be who are on the process of figuring out which investment platform to choose.

On the episode, Sam & Johnny reveal the performances of their investments during this quarter. They have been discussing various investment platforms in the past episodes and they will share which funds they invested in and how it turned out. If you are an investor or you want to become one, listen to this episode and learn new trends in the world of funds and investments.

Where we are:

Sam & Johnny - Spain

Discussed:

ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge

ILAB 86 – Index Fund Allocation Modeling with Johnny & Sam

ILAB 62 – Q2 Investing Updates + Early Retirement

Time Stamps:

06:30 – Keeping track of your finances using Personal Capital

09:37 – Johnny’s net worth

13:18 – Building wealth through passive income

18:55– Johnny’s investment updates

23:10 – Johnny’s ETF updates

29:40 – American Homeowners Preservation (AHP) Fund

34:39 – What’s going on in the crypto world?

38:00 – YieldStreet Fund updates

40:53 – Municipal bonds updates

44:27 – Comprehending the taxes around investment returns

55:48 – Fund Rise updates

1:02:05 – Self-storage investment

1:05:06 – Financial growth through compounding interest

1:12:16 – Sam’s new investments

1:13:59 – Latest travel journey

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98: Mobile Home Park Investing with Jefferson Lilly Jul 10, 2018

Jefferson Lilly is a mobile home park investment expert who co-founded Park Street Partners which owns 17 Mobile Home Parks coast-to-coast. He is the host of the Mobile Home Park Investors podcast with over 10,000+ D/L per month. He spent seven years investing his own capital acquiring and operating mobile home parks. He is definitely the go-to-person when it comes to mobile home park investing.

During the episode, Jefferson educates us on what a mobile home park is and what investment opportunities surround it. He corrects the misconception of most people when it comes to mobile home owners. He presents the ups and downs of owning and operating mobile homes. He explains the Who, What, and How in the world of mobile homes. This is a very unique investment platform that will surely get you hooked!

Where we are:

Johnny - Ukraine

Sam - Barcelona

Links:

Mobilehomeparkinvestors.com

Parkstreetpartners.com

Time Stamps:

12:14 – How he got into Mobile Home Park Investing

15:49 – What got him into value investing

17:39 – What is a Mobile Home?

20:52 – Problems in building a Mobile Home Park

23:07 – Mobile Home Parks vs. Other types of Real Estate

25:43 – Who are Mobile Home Parks for?

28:53 – Moving of Mobile Homes

30:03 – Timespan of tenants

32:21 – How long has he been in this business?

36:31 – His journey in this business

39:20 – Average size of a Mobile Home Park

43:18 – What is a Cap Rate?

48:47 – Investment Opportunities

50:52 – Returns

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97: When Buying a Starter Home Goes Terribly Wrong - Chris Harrison Jul 03, 2018

Chris Harrison and his girlfriend just got their new home. But, instead of cutting down expenses from renting, they spent more on fixing the house they just bought. While the inspection went perfectly well, they discovered so many shortfalls few days after they moved in. The house failed in so many aspects that the couple had to take legal action against the people who apparently ripped them off.

On this episode, Chris shares the appalling experience of buying their first home. He enumerates the flaws they discovered in the house including the electrical system, the plumbing, and the termite infestation. He sheds light on the idea of buying a starter home and gives his takeaways from the experience that will surely help those who are planning to buy their own house.

Where we are:

Sam & Chris - Florida

Johnny - Ukraine

Discussed:

ILAB 96 – 6 Keys to Protecting your Properties from Lawsuits with Scott Smith

Time Stamps:

07:08 – How they decided to buy a house

09:03 – What went wrong in the house

15:36 – The good-for-nothing inspection

17:05 – How did he find his Realtor?

21:21 – The process of buying a house

23:12 – Taking legal actions

28:34 – What are they going after in the lawsuit?

31:51 – Recommendations on getting your house

33:55 – The mortgage process

35:51 – His takeaways from this unfortunate event

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96: 6 Keys to Protecting your Properties from Lawsuits with Scott Smith Jun 22, 2018

Scott Smith is the owner of Royal Legal Solutions, an asset protection company for real estate investors which develops strategies to maximize tax savings and protect from lawsuits. He himself is a real estate investor who holds real estate investments in 10 states. He believes that if a person is building a real estate empire, he is bound to get sued and being one step ahead is the wisest way to protect his assets.

During the episode, Scott explains the 6 keys that would help property owners protect their assets from devastating lawsuits. In the real estate world, getting sued is a common thing and a very expensive one. He explains the foundation of asset protection and several ideas that go with it. Listen in and find out why real estate investors need professional asset protection.

Where we are:

Johnny - Ukraine

Sam - Florida

Links:

Royallegalsolutions.com

Time Stamps:

07:57 – His journey to Real Estate Investing
12:28 – The foundation for protecting assets
17:45 – Lawsuits from accidents
20:21 – The truth about Insurance Companies
22:10 – Getting started with Asset Protection
23:37 – Series LLC
28:43 – Insurance and other asset protection
31:17 – Recommendations for what insurance to choose
32:51 – Umbrella Policy
33:33 – Separation of the asset with your personal name
34:37 – Compartmentalization of Assets
37:43 – The Unanimity Structure
40:20 – What do Royal Legal Solutions do?

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95: Finance Tips Your College Professors Didn’t Teach You - Michael Taylor Jun 11, 2018

Michael teaches personal finance at Trinity University and writes a weekly finance column for the Houston Chronicle and San Antonio Express News. He previously sold bonds for Goldman Sachs, and used to run a distressed debt hedge fund. He is not your typical finance professor as he gives you the real-life perspective of how to manage your money.

During the episode, Michael reveals several tips in growing wealth which you did not learn from school. He believes that venturing into investments at an early age promises a future of fortune. He explains how compound interest works, why we need to understand it, and what benefits it could provide. You might not be interested in learning such early in life, but once you listened to this episode, you’ll have a whole new outlook at your finances.

Where we are:

Johnny - Bulgaria

Sam - Florida

Book:

The Financial Rules for New College Graduates

Discussed:

ILAB 11 – Advice for 17-24 Year Olds on Money, College, Credit and Finances

Time Stamps:

07:52 – Why professors experience difficulty understanding and teaching finance
13:05 – His personal finance course
16:55 – Students in debt vs. Students investing
24:00 – Investment advice for young adults
32:12 – Explaining compound interest to young adults
38:53 – US Tax Code
43:10 – Saving money based on income
49:04 – Advise for youngsters in getting an investment adviser
56:47 – The use of Robo-Advisor
1:00:28 – Favorite investment books
1:05:21 – What to look forward to in his book

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94: Why We Invest, Financial Freedom, and Selecting Base Locations May 29, 2018

Zach, Sam’s new road trip buddy, is a nomad who had a successful exit from his business and is now on the quest of finding the perfect lifestyle. He loves flying kites, wandering the ocean, and experiencing freedom. After the big exit, he went on the process of learning new skills which eventually led him to discover his real passion.

During the episode, Zach, Sam, and Johnny talk about investing not with money, but with time and knowledge. If we have achieved our financial goal, what then? They discuss what financial freedom really means and what the perfect lifestyle is for each one of them. For expats who love traveling, where in the world would they want to settle? The journey to finding the life you dream of takes times, money, and knowledge. Listen in and learn some tips on how to be financially free and become truly happy.

Where we are:

Zach - Columbia

Sam - Columbia

Johnny - Bulgaria

Discussed:

ILAB 23 – From $0 to Self Made, How to 300X Your Investment

Time Stamps:

06:30 – The Road Trip

10:50 – The process of choosing his lifestyle

15:05 – Chasing after the dream

19:34 – Setting up a place in the US

21:57 – The Ideal life set up

24:28 – His top 5 places to settle

46:36 – What does financial freedom mean?

49:26 – Goal to financial freedom

52:15 – Managing money and happiness

55:16 – When to stop worrying about money?

1:01:48 – Selecting two base locations in the world

1:06:42 – Financial Freedom: Then, Now, and in the Future

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93: Ed Conard - The Upside of Inequality, Optimizing Prosperity May 09, 2018

Ed Conard is an AEI visiting scholar who authored two top 10 New York Times bestselling books: The Upside of Inequality: How Good Intentions Undermine the MiddleClass (2016) and Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong (2012). He has written op-eds for most major news outlets and has made hundreds of media appearances. He is a retired partner at Bain Capital, where he headed the firm’s New York office.

On this episode, Ed corrects the misconceptions about the middle-class wagers being squeezed by the top 1% as we are all made to believe. He gives a fresh perspective of the upsides of inequality relative to economic growth. He also shares his vision of what the U.S. economy would be like in the next couple of years. At the end of this episode, Ed discloses his own personal portfolio including how he manages his money and where he invests.

Where we are:

Johnny - Bulgaria

Sam - Florida

Links:

Edwardconard.com

Books:

The Upside of Inequality: How Good Intentions Undermine the Middle Class

Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong

Time Stamps:

04:30 – The Middle Class vs. the Top 1%
06:21 – What’s driving slow growth for the middle class?
09:32 – Understanding the American economy
16:04 – Measuring GDP
18:57 – Financial stability of households now and then
23:30 – American households’ savings
26:44 – Taxes on Government Services
30:02 – To what point will taxes slow down growth?
33:38 – His stand on the Trump Economy
35:12 – What he sees in the future economy
38:32 – Ed’s personal asset allocation
41:09 – Long-term upsides of inequality

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92: Q1 Updates – Sam & Johnny on Investments, Business, and Travel Apr 16, 2018

Co-hosts Sam & Johnny are up for the first quarterly update of 2018 as investors, entrepreneurs, and travelers who share their own experiences. During the first 3 months of this year, they have interviewed several experts in the field of investing and have tried some investment platforms that they learned during the show.

On this episode, Sam & Johnny share their investment updates including the significant investments they ventured in and the downturns of some of their investments during the 1st quarter. They also share their work progress in the past 3 months and how their returns and income look like. They show us their trail during their travels and the countries that made the most impact on them. Listen to this episode to learn some tips and strategies for investing, building businesses, and traveling.

Where we are:

Sam - Tampa, Florida

Johnny - Kathmandu, Nepal

Q1 Travel

Sam – SE USA Road Trip >> Brazil > Denver > Tahoe > Napa > Tampa

Johnny – Chiang Mia >> Nepal

Q1 Book Reading
- Principles
- Home Dues
- Upside of Inequality
- The Path to War
- CryptoAssets

Discussed:

ILAB 84 – Note Investing 101, with Dave Van Horn

ILAB 88 – Structuring Tax-Free Income, Puerto Rico Act 22 – Jorie Roberts

ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge

Time Stamps:

06:20 – Johnny’s investment updates

10:45 – How to become an accredited investor?

16:36 – Sam’s investment updates

19:49 – Taxes on unrealized gains

22:23 – Sam’s significant investments

29:11 – Downturn in various investment platforms

30:35 – Returns & Income

31:34 – Diversification of accounts and investments

33:15 – Taxes on income & investments

38:10 – Sam’s work updates

42:00 – Johnny’s work updates

45:27 – Johnny’s travels

48:25 – Sam’s travels

1:19:00 – Tips and advices in investing

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91: Behavioral Finance in P2P Lending with Laura Gonzalez Apr 12, 2018

Laura Gonzalez is an Associate Professor in Finance at California State University with over 10 years of experience in teaching finance courses. One of the studies she took interest in is behavioral finance in peer to peer (P2P) lending which they conducted an experiment on it.

During the episode, Laura reveals the major biases of lenders in terms of approving loans apart from their credit information. She explains the theory of beauty premium which significantly influence the decision of lenders. She also explains how they conducted the experiment to test this theory and what considerable indications were acquired.

Where we are:

Sam - Florida

Johnny - Nepal

References:

www.Lendingstats.com

Discussed:

ILAB 13 - PeerStreet vs. Lending Club

ILAB 45 – Behavioral Finance and How Betterment is Optimizing Around It

Time Stamps:

05:31 – Laura’s background

07:07 – History of P2P lending

11:40 – Growth of the P2P market

13:09 – P2P platforms

16:08 – Major biases in approval of loans

19:22 – Beauty Premium

24:01 – The conduct of the experiment

25:02 – Findings and indications

30:00 – Outcome based on biases

32:39 – What to consider when lending someone

34:49 – Information available on Prosper

37:02 – Repayment success rate in various countries

39:23 – Prosper vs. Lending Club

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90: HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge Apr 03, 2018

Evan Prokup is the man behind HSAedge, a leading website on Health Savings Account (HSA) information. HSA are savings accounts for medical expenses which are triple tax-advantaged and allows holders to lower their cost of medical care over time. HSA contributions can be invested in a wide variety of assets and can even be used in retirement.

During the episode, Evan explains the fundamentals of Health Saving Accounts (HSA) including its aspects and benefits. He also explains the HSA triple tax advantage, eligibility, investment opportunities, and income requirements. This episode answers all the basic questions you have on HSA which helps you decide in opening up an account.

Where we are:

Sam - Nevada

Johnny - Nepal

Links:

Website - HSA Edge

Email - evan@hsaedge.com

Discussed:

ILAB 31 – The Landlord: How I Acquired 485 Properties in 12 months

Time Stamps:

04:35 – How he took interest in HSA?
05:47 – The background of HSA
07:02 – What is HSA?
09:43 – Aspects of Triple Tax Advantage
11:53 – Record Keeping
13:50 – Allowable yearly contribution
17:13 – Who is HSA eligible?
25:39 – Investment opportunities through HSA
30:28 – Qualified Medical Expense
34:30 – Socialization of medical care
37:39 – Investment options for HSA
42:24 – Income requirement for contributing to HSA
45:14 – Downsides of HSA
48:05 – Contribution dates
49:12 – Transfer to a beneficiary

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89: AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia Mar 22, 2018

Frank Valencia is the Sr. Managing Partner at Bongo Property Management; a fast-growing AirBnB property management which helps your short-term rental business becomes a success. They are currently operating in the United States, Latin America, and Europe – and are planning to expand to new cities later on.

During the episode, Frank explains the services they provide at Bongo PM. As an expert in the business industry, he describes the benefits of having their company manage your properties for short-term rentals. Listen in and learn a lot about the short-term rental market, including size demands, occupancy rates, investment returns, and the ideal countries to own properties.

Where we are:

Johnny - Nepal

Sam - Denver

Links:

Bongopm.com

Time Stamps:

09:07 – Who is Frank?

10:06 – The growth of Bongo PM

10:27 – AirBnB

12:39 – Return on investment

15:12 – Bongo PM analytic service

16:44 – Expanding to new cities

17:42 – Impact of reviews

19:23 – Property types and its demands

21:43 – Occupancy rates

23:03 – Optimizing seasons

24:14 – Insurance options for Risks of damages

26:03 – Length of agreement

29:07 – Ideal properties for short-term rental

31:21 – Investment opportunities in Bongo PM

32:25 – The future of Bongo PM in the industry

38:29 – Bongo PM Rates

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88: Structuring Tax Free Income, Puerto Rico Act 22 - Jorie Roberts Mar 15, 2018

Jorie Roberts is the founder of Marjorie Roberts, PC, a firm composed of attorneys who specialize in tax, corporate/securities, and business law, and work with the economic incentive programs in Puerto Rico and the U.S. Virgin Islands. She has a vast knowledge of tax law and holds law degrees from Harvard University, Cambridge University, and New York University.

During the episode, Jorie explains two tax laws, known as Act 20, the Export Services Act, and Act 22, the Individual Investors Act, which shields new residents of Puerto Rico from paying most federal income. And since these laws apply to the residents of Puerto Rico, Jorie discusses the process and requirements in applying for residency. Also, she gives comprehensive examples on what is eligible for tax exemptions.

Where we are:

Jorie - U.S. Virgin Islands

Sam - Denver Colorado

Michael - Bangkok

Links:

Jorie’s Firm - MARJORIE ROBERTS, P.C. - Attorneys at Law

Michael’s publication - CEF Insider

Time Stamps:

04:01 – Acts 20 and 22: What they are and who they’re for?

05:59 – Applying for residency in Puerto Rico

10:15 – Is owning Real Properties required?

11:45 – How can expats benefit from the tax exemptions?

13:52 – Income tax structure using Act 22

16:29 – Are Interests and Dividends taxed?

19:44 – Examples of income structures and its tax exemptions

29:25 – What is eligible for tax exemption?

32:12 – Application process for both Acts

36:02 – Recommendations on how to start

45:32 – Tax in the US vs. other countries

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87: Tax Reform: Investing in 2018’s New Economy with Jordan Goodman Mar 06, 2018

Jordan Goodman is considered America’s Money Answers Man because he is the man to go to for answers on personal finance questions. He has appeared on several TV and radio shows. He believes that there is a tremendous amount of financial illiteracy in the country and wants to help people learn. He has written 14 books including the popular Fast Profit in Hard Times and The Dictionary of Finance and Investment Terms.

On this episode, Jordan explains the impact of the 2018 tax reform both in corporate and individual level. He also explains its impact on the stock market and other investment ventures. He gives tips and strategies on what, where, and how to invest in this new economy. He also shares his personal favorites in terms of asset classes and trends that will help you decide on your next investment plans.

Where we are:

Johnny - Nepal

Sam - Denver Colorado

Links:

MoneyAnswers.com

Books:

Fast Profits in Hard Times

The Dictionary of Financial and Investment Terms

Time Stamps:

08:33 – The Trump Economy
10:58 – Impact on the corporate level
12:15 – Impact in an individual level
14:06 – Rising interest rates
16:29 – Impact on stock market
18:19 – 3 things that will affect the market
19:33 – Impact of debt
22:24 – Corporate reinvesting in their companies
25:36 – What should have been included in the tax reform
28:02 – Secured Real Estate Funds
31:50 – Oil and Gas Funds
34:40 – Favorite asset classes
37:02 – Favorite trends
39:29 – Biotechnology
40:33 – Mortgage Optimization Strategy

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86: Index Fund Allocation Modeling with Johnny & Sam Feb 27, 2018

Co-hosts Johnny and Sam are entrepreneurs and investors who share their investment strategies and experiences to all the listeners. This episode is an overview of index fund allocation combined with personal recommendations, understanding from influential books, and insights from the experts.

On this episode, Johnny and Sam explain the basics of index funds, stocks, and asset allocation. They discuss investment strategies which helps investors balance their portfolio while minimizing risks. They also talk about fundamental considerations when starting index fund investing, basic asset allocation modeling, and portfolio building. They also present the Buy-and-Hold Portfolio of several investment authorities that will surely help you decide what asset allocation model is perfect for you.

Where we are:

Johnny – Thailand

Sam – U.S.A.

Links:

3 Investment Gurus Share Their Model Portfolios

The All Seasons Portfolio (Aka The Tony Robbins Portfolio)

The ultimate buy-and-hold portfolio

Paulmerriman.com/vanguard/

Paulmerriman.com/whats-wrong-vanguard-small-cap-value/

Books:

MONEY Master the Game

Unshakeable

Discussed:

ILAB 15 – Meb Faber on Building The All Seasons Portfolio

Time Stamps:

03:14 – What is Asset Allocation?
04:11 – Modeling portfolio
08:58 – Most basic asset allocation model
11:25 – How diversification works?
15:22 – Buy-and-Hold
17:06 – Experts buy-and-hold portfolio
21:38 – What to choose for your portfolio?
29:04 – Stocks vs. Bonds
30:26 – Definition of terms
32:43 – Tax implications
35:13 – Recommendations on how to get started
37:24 – Johnny’s wealthfront portfolio
38:05 – Sam’s wealthfront portfolio
40:11 – Wealthfront
51:23 – Sam’s investments/asset allocation
56:17 – Johnny’s investments/asset allocation
58:38 – Considerations in asset allocation model

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85: Crypto Asset Storage and Security, with Gregor Gregersen Feb 21, 2018

Gregor Gregerson is the founder of Silver Bullion, a company committed to providing the safest place for your precious metals. In the quest to offer the best protection for the clients’ wealth, they have designed the safest storage for cryptocurrencies by physically encrypting and storing private keys.

On this episode, Greg reveals how the idea of physical crypto storage came about and what makes it the safest storage for cryptocurrency in the market. He explains the risks of keeping these assets digitally and how to alleviate these risks. This episode talks about the different levels of security for crypto, the advantages of physical storage, and the features that the investors can look forward to in this new product.

Links:

Video: https://www.thesafehouse.sg/physical-crypto-storage

Silver / Gold Bullion Storage: https://www.thesafehouse.sg/

Download the White Paper on how it works

Where we are:

Gregor – Singapore
Sam – USA
Johnny – Thailand

Time Stamps:

08:24 – Influence of crypto to precious metals
10:10 – Shift in Gold & Silver demand
11:16 – Who are the clients?
13:49 – Different levels of security for crypto
19:31 – Risks in owning cryptocurrency
22:42 – Recovery of unwanted transfers
23:36 – When is the launch?
24:56 – Why they created this new storage?
27:32 – 6 features with Physical Crypto Storage
34:26 – Crypto insurance
36:22 – Peer to Peer Lending through Bitcoins
40:19 – How to start?
41:50 – The target market

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84: Note Investing 101, with Dave Van Horn Feb 12, 2018

Dave Van Horn is the President and CEO of PPR Note Co., a company that brings investors unique opportunities to create passive income through investing in real estate notes. He is an expert in the real estate business with over 30 years of experience as licensed Realtor, Real Estate Investor, and Fundraiser.

On this episode, Dave discusses the basic fundamentals of Note Investing including where and how to invest in it. He explains what a note is and how to profit from it. He shares his own venture from the real estate industry to the note business. You may not know what a note is; but after listening to this episode, you will understand how everyone is involved in this business.

Where we are:

Sam - Brazil

Johnny - Chiang Mai

Links:

Dave’s Company: Pprnoteco.com

Free ebook: Pprnoteco.com/learn

Books:

Rich Dad Poor Dad

Discussed:

ILAB 77 - Turney Real Estate Investing vs. REITs

Time Stamps:

01:02 – How he got into Note Investing?
08:29 – Buying notes vs. owning physical properties
10:36 – Basic definition of a Note
13:24 – Everyone’s role in the note business
14:20 – First notes he got involved in
15:31 – Individual investor to Institutional
16:25 – Where to acquire Notes?
16:44 – Classes of Notes
17:27 – Typical yields of the Notes
25:34 – What to do with non-performing Notes?
27:51 – What to know when starting in Note Investing?
31:45 – PPR’s fund premium returns
34:17 – How to invest in products on PPR?
39:47 – Difference between loan and mortgage

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83: Mutual Funds 101, the $17 Trillion Industry with Mark Renz Jan 29, 2018

Mark Renz is a financial adviser and a sales representative for over two decades and has utilized his expertise in serving as an investment adviser for high-net-worth families since 2001. He is currently the Chief Investment Officer for an independent multi-family office, Socius, which provides honest guidance and shrewd management to preserve, protect, and build their clients’ estate.

This episode explains the basics and fundamentals of mutual funds. Mark defines what a mutual fund is and other mutual funds that we might not be aware of. He teaches some strategies on how to beat the market, how to manage funds, and how to achieve greater returns. Listen in and learn more about this investment platform.

Links:

Website - Socius.com/team/mark-renz

Books:

MONEY Master the Game

Time Stamps:

05:14 – Mark’s background in finance

07:37 – What is a family office?

10:21 – What are Mutual Funds?

11:46 – Types of Mutual Funds

13:57 – How large is the mutual fund market?

15:06 – Importance of fees in selecting a mutual fund

20:49 – Active management funds

26:15 – Dimensional Funds: Who & What they are?

31:36 – Who can invest in dimensional funds?

33:37 – Biggest mutual fund companies

41:52 – Returns/Dividends strategy

48:56 – Fee Structure and Transparency

55:47 – Tools that can be used for transparency

59:36 – Mark’s personal investment portfolio

63:10 – Recommendations in buying stocks

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82: Dual Momentum Investing with Gary Antonacci Jan 16, 2018

Gary Antonacci is an author, consultant, and public speaker on momentum investing. He introduced the investment world to dual momentum which combines relative strength price momentum with trend following absolute momentum. He is the author of the award-winning book, Dual Momentum Investing: An Innovative Approach for Higher Returns with Lower Risk.

On this episode, he explains the fundamentals of momentum investing, its history, and its market efficiency. He also explains the relationship between momentum investing and trend following, his stand on the efficient market hypothesis, and the best application of momentum investing. Listen in and learn from the foremost authority on the practical applications of momentum investing.

Links:

Website - Optimalmomentum.com

Dual Momentum Research - Dualmomentum.net

Book:

Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk

Discussed:

ILAB 45 – Behavioral Finance and How Betterment is Optimizing Around It

ILAB 73 – Trend Following: How to Profit with Michael Covel

Where we are:

Sam Marks - United States

Johnny FD - Southeast Asia

Time Stamps:

02:12 – What is Dual Momentum Investing?
03:59 – What are Relative and Absolute Momentum?
08:28 – Fundamentals of Momentum Investing
08:57 – Efficient Market Hypothesis
11:18 – Market efficiency today vs. 30 years ago
13:56 – Relationship between Momentum Investing and Trend Following
15:41 – Relative Momentum vs. Absolute Momentum
17:13 – Geographically diversified stock industry
18:16 – History of Momentum Investing
23:39 – Recommendations
27:14 – Dual and Absolute Momentum
30:51 – How do you know when to get out?

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81: New Year’s Investing Updates, Plans, and Goals for 2018 Jan 08, 2018

Invest Like A boss podcast hosts, Sam Marks and Johnny FD, have been discussing new ways to invest money all throughout the year. They are entrepreneurs who find new investment strategies for their hard-earned money. As another year starts, they share updates on their investments and how their money grew over the years.

On this episode, Sam and Johnny reveal the changes in both their assets from various investment platforms they ventured in. They also share their investment plans and goals for 2018 as well as the lessons they learned from the previous year. Sam and Johnny give away tips and strategies on how to increase your net worth. Also, check out the books that they recommend that will surely help you grow financially. Let’s welcome the year with new lessons, new plans, and new goals!

Full Show Notes and Screenshots - http://investlikeaboss.com/ilab-81-new-years-investing-updates-plans-goals-2018/

Where we are:

Sam Marks - United States

Johnny FD - Southeast Asia

Books:

Poor Richard’s Almanac

Dual Momentum Investing

Discussed:

Audible 30 Day FREE Trial

Invest Like A Boss 38

Invest Like A Boss 71

Invest Like A Boss 78

Invest Like A Boss 80

Time Stamps:
08:22 – Asset allocation in 2017
12:01 – Bitcoin Returns this year
14:59 – High risk –High return investments
16:04 – Public Equity Markets
19:32 – REITs
22:08 – Regrets for 2017
25:14 – Johnny’s 2016 & 2017 income
28:24 – Lessons learned
40:29 – Books to check out for 2018
51:20 – Investment plans for 2018
56:09 – Goals and Resolution

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!

80: Mining for Bitcoin with MGTCI’s President Steve Schaeffer Dec 27, 2017

Steve Schaeffer is MGT’s President on Crypto-Capital Strategies. MGT is one of the top Bitcoin producers in North America with the largest individual Bitcoin mining operation. We may have heard about Bitcoin a lot these days, but what we hardly hear about is Bitcoin mining - how does it work and how is it done?

On this episode, Steve explains MGT’s mining operations and returns. He also explains why the company chose to mine Bitcoins over other cryptocurrencies. He shares MGTI’s strategies in choosing locations, securing bitcoins, and gaining profit. Listen in and learn other ways to invest on cryptocurrencies.

Links:

Mgtci.com

Ticker (OTC: MGTI)

Discussed:

ILAB 78 - Bitcoin 101, How to Invest In Cryptocurrency

Where we are:

Sam - United States

Johnny - United States

Time Stamps:
03:23 – What is Bitcoin Mining?
12:39 – The Geographic volume of traders
14:22 – Correlation between MGTI stock price and Bitcoin
16:29 – MGTI’s Operation and Returns
19:16 – Mining location
20:41 – What coins are they mining?
23:04 – How many coins do they mine per day?
26:58 – How do they store the Bitcoins?
29:19 – Exchanges through a Broker
31:08 – Major Banks’ play in cryptocurrencies
34:58 – MGTI’s tech infrastructures

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!

79: Cannabis – Profiting from the “Green Rush” with Michael Berger Dec 19, 2017

Michael Berger of Stonebridge Partners joins this episode to talk about another yet unique means to invest our money in - the Cannabis industry. Cannabis is used in three main forms: marijuana, hashish and hash oil. It is a mood-altering drug that can induce calm and is sometimes used medicinally as a form of pain relief.

Countries still have different opinions with regards to the legality of this plant medicine. But on the investment side of things, Michael explains the business opportunities for Cannabis and how investors could actually profit from this industry.

Links:

Technical 420

To Watch:

CNBC Video showing growth in the industry

Stocks:

Canopy Growth Corp

Aphria

Horizon’s ETF

Where we are:

Johnny - Los Angeles

Sam - South Carolina

Time Stamps:
10:09 – Growth opportunities for Cannabis
13:36 – Future of the industry
16:52 – Business opportunities
18:18 – Regulation of people involved
21:46 – Stonebridge Partners
22:48 – Investment strategies of Stonebridge
24:23 – Risks and Rewards
25:35 – How Technical 420 started?
28:36 – Sectors with the best growth prospects
30:27 – Regulations for Cannabis
33:05 – Best opportunities for Cannabis

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!

78: Bitcoin 101, How to Invest In Cryptocurrency Dec 07, 2017

Bitcoin, a digital currency, has been creating hype for thousands of investors around the world. We probably have heard about Bitcoin and other cryptocurrencies circulating around the internet and a lot of people want to understand what it is, how it works, and why they should invest in it.

This episode helps you answer the question – Should you own Bitcoin? Johnny and Sam give their insights on Bitcoin and other cryptocurrencies and why it is considered the future. They recount the growth of Bitcoin over the years. They give tips on where and how to buy them, how much should you invest, and how to keep them safely stored. They also specified the downside of Bitcoin and what to expect when owning one. For those who are interested in buying Bitcoin, listen to this episode and find out if this investment strategy is perfect for you.

Links:

CoinBase.com

Kraken.com

Where we are:

Johnny - United States

Sam - United States

Discussed:

Audible 30 Day FREE Trial

ILAB 38 - Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit

ILAB 71 – Bitcoin vs. Ethereum, and the future of the Internet – Ivan on Tech

Time Stamps:

04:38 – Should you buy Bitcoin

09:18 – Ripple used by banks

10:24 – What makes Bitcoin popular?

17:20 – The growth of Bitcoin

18:27 – Predictions for Bitcoin

20:27 – Highest trading volume in terms of countries

22:04 – Governmental Risk

26:27 – How much should you invest in Bitcoin?

30:38 – Ether vs. Bitcoin

31:51 – Downside of Bitcoin

40:14 – Where and how to buy Bitcoin?

46:43 – How to safely store your Bitcoin?

52:49 – Plan of Action

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!

77: Turnkey Real Estate Investing vs. REITs Nov 22, 2017

Matt Bowles is the co-founder of Maverick Investors Group, which helps real estate investors buy performing rental properties in the best real estate markets regardless of where they live. They offer a very interesting investment strategy where you get to own a property without being physically present.

On this episode, he talks about the advantages of owning hard assets over investing on paper assets. He explains the process of buying properties, assessing income, and closing contracts. He also explains the management and maintenance set-up and how the net operating income is calculated. He also gives away tips for real estate investors in order to succeed in this investment venture.

Links:
Website: maverickinvestorgroup.com

Time Stamps:

0:31 – The mission of Maverick Investors Group

2:03 – What is Turnkey Real Estate Investing?

4:21 – Advantages of buying hard assets

10:11 – Building portfolio

13:54 – Leveraging properties

19:02 – Calculating Net Operating Income (NOI)

23:22 – Capitalization rate

27:51 – The process of buying a property

31:39 – Management and maintenance

37:56 – How to close contracts?

39:55 – How much income for mortgaged properties?

42:37 – Cash flow calculation

45:12 – Tips for real estate investors

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!

76: Marc Faber – is 2018 Heading for Gloom, Boom, or Doom? Nov 13, 2017

Dr. Marc Faber is a Swiss investor based in Thailand. He publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” which highlights investment opportunities. He is also a published author and a regular contributor to several leading financial publications around the world. When it comes to investing your hard-earned money, he is the perfect person to learn from.

This episode visualizes the possibilities of the future in terms of Economy and Investments. As an expert in the field, Dr. Faber explains how the world has changed rapidly and what could be expected in the coming years. He also offers great insights on what to consider when investing your money.

Links:

www.gloomboomdoom.com

Where we are:

Johnny - Canary Islands

Sam - Southeast Asia

Marc - Southeast Asia

Discussed:

Audible 30 Day FREE Trial

Time Stamps:

5:03 – Economic complexity over the years

10:41 – Dr. Faber’s background

12:58 – Innovations that excites him

17:25 – Bank reliability

22:42 – Industrial Revolution as seen in the future

27:55 – Concerns in investing

36:48 – Impact of Global Debt

42:50 – GDP and Standard of Life

47:21 – Concerns on the future generation

63:51 – Government Structure in the future

1:06:16 – Investment tips

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75: Impact Investing – Running the Vatican’s Accelerator with Steve Forte Nov 02, 2017

Steve Forte is a 5-time entrepreneur who had successful exits in all his businesses. He is the co-founder and managing partner of Fresco Capital, which focuses on seed and early-stage investment to create maximum impact for companies, investors, and partners. Using his experiences in several business ventures, he is heading a new path as a VC.

On this episode, he explains what a VC is and what to expect when pursuing this endeavor. He shares his expertise in pitching a startup business to invest and minimize risk. He also shares how Vatican Accelerator started and how it has been progressing over time. This is an interesting conversation about startup businesses and investments.

Links:

Fresco.vc

Twitter

Where we are:

Johnny – Canary Islands

Sam – Southeast Asia

Discussed:

Audible 30 Day FREE Trial

Time Stamps:

4:51 – His background

9:51 – What does a VA do?

12:37 – Pitching a startup business to invest

17:38 – Founder’s expectation in terms of compensation

20:29 – Startup failure rate

23:27 – How to setup accelerator

26:24 – Software and social networking

31:09 – Difference between accelerator and incubator

37:11 – Vatican Acceleratorbackstoryy

46:50 – For-profit & mission-driven model

51:14 – Updates on Vatican Accelerator

55:10 – Future plans for the program

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!

74: Q3 Investment Updates Oct 16, 2017

Sam Marks and Johnny FD bring another update episode about their high-performing investments, net worth, income flow, and the 3-month digital journey. They'll explain the different investment strategies that they've applied during the past quarter and which modern platforms gave the highest return. Find out why coin-based investments are the future and if you should follow the trend.

Links:

Incomeboss.com

Coworker.com/lab/author/sam - Coworker Lab

Yield Street

Peer Street

Where we are:

Johnny – Las Palmas

Sam – Thailand

Discussed:

ILAB 59: YieldStreet – The Future of Non-Correlated Asset Investing with CEO Milind Mehere

ILAB 63: Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster

Try Audio Books For FREE

Books:

Man’s Search for Meaning - Viktor E. Frankl

Happy City - Charles Montgomery

How To Win Friends and Influence People - Dale Carnegie

Tesla, Space X, Quest - Elon Musk

Shoe Dog: A Memoir by the Creator of Nike - Phil Knight

Time Stamps:

1:57 – Places they visited this quarter

5:58 – Savings while living remotely vs. living in U.S.

10:43 – Thrill in competing

12:36 – Johnny’s Income Boss

14:55 – How long they work every day

21:39 – Sam’s investment update

27:18 – PeerStreet

31:05 – Business model of Lending Clubs

35:32 – YieldStreet

42:49 – Sam’s Coworker

45:19 – Johnny’s net worth

54:55 – Johnny’s high-performing investments

58:35 – Coin-based investments

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!

73: Trend Following: How to Profit with Michael Covel Oct 09, 2017

Michael Covel is an entrepreneur best known for popularizing the controversial trading strategy Trend Following. This is an investment strategy based on technical analysis of market prices, rather than on the fundamental strength of the companies. He is the author of the bestselling classic, Trend Following: How to Make a Fortune in Bull Bear and Black Swan Markets.

Michael joins this episode to explain what trend following is for the “non-techy” people to understand. He discusses the ways to invest and access trend following to generate profits successfully. Listen to the end and learn from the boss on how and why trend following works.

Link:

Trendfollowing.com/blog

Book:

Trend Following: How to Make a Fortune in Bull Bear and Black Swan Markets Wiley Trading by Michael Covel

Discussed:

Investlikeaboss.com/audio

Time Stamps:

7:05 – How he got into trend following

11:21 – What is trend following?

16:34 – Trend following strategies

18:23 – Full-time trend following traders

19:41 – Common misconceptions on trend following

25:06 – Trend following system

27:16 – Fundamental information of companies relative to trend following

31:49 – Why trend following works?

32:19 – Who are trend following traders at the present?

34:05 – Do the no. of traders affect the success in trend following?

38:16 – Backtesting

40:04 – Most successful trend following traders

41:36 - Bull Bear and Black Swan Markets

42:54 – Ways to access trend following

49:05 – Contents of his book: Trend Following

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!

72: Card Counting: Investing in Math to Take Millions from Casinos Sep 25, 2017

Colin Jones is a Blackjack pro who has mastered card counting and has been beating casinos around the globe. He runs a network of card counters that have beaten casinos for millions of dollars. They created the Blackjack Apprenticeship which trains, equips, and provides a community for card counters.

During the episode, Colin talks about the ability to count cards and beat the casinos for profits. He reveals what most gamblers fail to realize – Blackjack is a game that can be beaten. Find out why there is no gamble if you think differently, work smarter, and use the odds to your advantage.

Links:

Want to learn how to count cards? Check out Blackjack Apprenticeship

Holy Rollers: Watch the documentary

Books:

Start Here – Recommended Reading

Time Stamps:

5:57 – How Colin get into card counting

7:19 – Blackjack as a game

10:14 – The odds in effectively counting cards

11:49 – Expected Value

13:59 – What’s beatable and what’s not

16:09 – Is card counting illegal?

17:13 – Tolerance level of casinos

19:45 – Do you max out the ability in card counting?

21:16 – Biggest success stories on card counting

23:24 – Where do his network play?

25:34 – How long does it take to master card counting?

26:41 – Shoe Computers

29:29 – How much capital do you need?

33:13 – Their most exciting journey

35:46 – What they do on Blackjack Apprenticeship?

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!

71: Bitcoin vs. Ethereum, and the Future of the Internet - Ivan on Tech Sep 18, 2017

Ivan Liljeqvist is a software developer who is a leading expert in Blockchain Technology. He is the founder of Ivan on Tech, a YouTube channel featuring a series of videos explaining blockchain, cryptocurrencies, and the tech industry, in general, for the “non-techy” people to understand.

On this episode, he explains the difference between Bitcoin and Ethereum. He also explains the foundations of Blockchain Technology, Decentralized Applications, and Cryptocurrencies. He shares his visions for the ICOs and the future of the Internet. If you are thinking about buying digital currencies, this is the episode for you.

Links:

YouTube

Where we are:

Johnny FD – Eastern Europe

Sam – Hong Kong

Ivan – Sweeden

Books:

Start Here – Recommended Reading

Time Stamps:

5:00 – Ivan’s background as a developer

8:17 – When and how did he learn about Cryptocurrencies?

9:38 – How much time does he spend learning Cryptocurrencies vs. other Tech works?

12:13 – Who is behind Ethereum?

16:51 – Foundations of Blockchain Technology

19:19 – How was Ethereum created?

21:20 – Decentralized applications

24:27 – Incentives for Ethereum creators

27:07 – Where can people buy Ether?

29:52 – Who is Satoshi Nakamoto?

31:33 – The future of Ethereum

35:08 – Role of decentralized applications in the future of the internet

41:21 – Mt.Gox hacking incident

46:53 – The future of Cryptocurrencies

50:06 – Bitcoin vs. other ICOs

70: Sports Betting: Invest with Vegas’s Best in This New Fund Sep 08, 2017

Chris Connelly is the founder of Contrarian Investment, an investment strategy in the form of sports betting on select NFL, NCAAF, NBA, and NCAAB contests. This is a new category of investment that wasn’t available to people before - ever in history.

On this episode, Chris shows why sports betting is the next big thing and foresees it to become a trillion-dollar industry. He explains how sports betting works and why it should not be considered a gamble, but an investment instead. Listen to the end to find out how to invest alongside Vegas’s best and see how your investments play out.

Link:

Contrarianinvestments.net

Where we are:

Eastern Europe: Johnny FD

Sam: Hong Kong

Las Vegas: Chris

Discussed:

Books:

Start Here – Recommended Reading

Time stamps:

7:33 – How he got into Sports Betting?

10:44 – How does a syndicate operate?

12:04 – What is a Bookie?

13:26 – Different ways to bet

16:32 – Vision for Sports Betting

18:57 – Legalization of Sports Betting

24:17 – Sports Betting as an investment

25:37 – Difference between betting with his own money and with other’s money

27:26 – How much do they bet in a time frame?

29:57 – What sports do they usually bet on?

30:34 – Point spreading

31:25 – Mayweather and McGregor fight

32:50 – Percentage of bet for a single play

34:36 – Returns and Profits

36:33 – Who are the investors?

37:16 – Investing on stock market vs. on sports betting

38:25 – Moving odds

44:25 – Administration of 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!

69: FX Market – Profit From the 5 Trillion Dollar Daily Trading Volume Aug 31, 2017

Brian Jimerson and Teng Su are the founders of The Art of FX, a Fund Management and Trading company that specializes in the Forex and Commodity markets.

During the show, Brian and Teng will discuss how geo political events affect the FX market, what it takes to become a full-time trader, and the biggest mistakes to avoid. Listen to the end to hear how they manage multiple accounts and the earnings percentage Sam and Johnny FD have earned since their investment.

Links:

Apply for an Account with ArtofFX ($10,000+ minimums)

Where are we:

Sam/Brian/Teng - Bangkok
Johnny FD - Odessa, Ukraine

Discussed:

ILAB 03 – Foreign Exchange Trading with Brian from Art of FX
ILAB 64 – Trading Options Full Time: $0 – $100K Annually with Kirk Du Plessis

Books:

Start Here – Recommended Reading

Time Stamps:

07:31 - North Korean missiles over Japan
08:36 - How Trumps Twitter affects the FX market
13:15 - Stock market vs For Ex market
16:16 - Trading Forex full time
21:17 - Biggest trader mistakes
29:47 - Emergency crash plan
31:40 - A typical 21 hour work day
34:20 - Gaining informational advantage
38:57 - Common trader mistakes
41:26 - Cryptocurrency buying, selling, and trading
44:48 - Tax implications
46:33 - Starting capital and hold time
47:09 - General Volatility
51:57 - Managing multiple clients and accounts
1:06:18 - Total earnings %

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!

68: Municipal Bonds, How Insiders Scale Their Tax Free Income Aug 24, 2017

Michael Foster, the ‘CEF Professor’ from Contrarian Outlook, joins us for another episode to explain how to use municipal bonds to scale your tax-free income.

During this episode, you'll find out how to buy municipal bonds, determine if you should buy an individual muni bond, and understand the risk levels of the entire process. You'll learn how a municipal CEF operates, what tools to use, and how interest rates impact closed end funds. Listen to the end to hear Michael's top three muni funds and what Sam and Johnny Invest into themselves.

Links:

Contrarianoutlook.com
The CEF Newsletter

Where are we:

Sam/Michael - Bangkok
Johnny - Ukraine

Recommended:

Link to the newsletter: CEF Insider

2 Recent Articles on Municipal Bonds:
The Shockingly Common Mistake That’s Costing You Thousands
These 6%+ Yielders Are a Screaming Bargain

The muni funds recommendations discussed:

Neuberger Berman New York Intermediate Municipal Fund (NBO)
Nuveen New Jersey Quality Municipal Income Fund (NXJ)
Pioneer Municipal High Income Trust (MHI)

CEFconnect.com

Discussed:

ILAB 63 – Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster

Books:

Start Here – Recommended Reading

Time Stamps:

06:09 - Are muni bonds boring?

07:27 - Why others invest in muni bonds?

09:01 - Tax considerations

10:02 - Three ways to buy municipal bonds

10:40 - Should you buy an individual muni bond?

13:00 - How does a municipal CEF operate?

15:25 - Average cap size

17:10 - Close end funds and rising interest rates

23:03 - Market trends and sell off

25:15 - Tools, software, and historical returns

26:59 - What is the risk level?

27:06 - Default rates

29:29 - California, New Jersey, Illinois

34:46 - Should you worry about fees?

38:55 - Recommended muni funds

48:42 - Investing in muni bonds

57:36 - Wealthfront investments

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!

67: Strike Oil, Invest in Oil & Gas Projects with EnergyFunders Aug 17, 2017

Casey Minshew is the COO of EnergyFunders, a cutting edge Financial technology platform dedicated to disrupting the way people from all over the world invest directly into energy investments, starting with oil and gas. Casey has been a part of three successful startup companies, most recently growing startup iWowWe from zero to twelve million dollars in revenue in less than 2 years.

During the show, Casey will explain the different types of oil investments that you can make including the potential returns. You'll learn about the tax deductions you can receive and the key pros and cons of the oil business. Listen to the end for insight on the future of oil and energy resources.

Listen to ILAB 67 on iTunes here or subscribe on your favorite podcast app.

Links:

www.energyfunders.com

Where are we:

Casey Minshew - Houston, Texas
Sam Marks - Thailand
Johnny FD - Ukraine

Discussed:

Books:

Start Here – Recommended readings

Time Stamps:

05:51 - How Casey started Energyfunders
09:07 - The history of oil
12:03 - Energyfunders team and partnerships
15:53 - Ups and downs to the oil business
20:44 - Risk levels and options to buy
32:44 - Analyzing sponsors and operators
34:58 - Reworking projects
37:33 - How to invest in the platform
42:13 - ROI after hitting oil
47:17 - More pros/cons of the oil business
50:58 - The investors roll in the process
54:30 - The future of oil and energy resources
57:29 - Regulation crowd funding platform
01:04:23 - Are we making an investment?
1:09:14 - Owning Exxon stock
01:12:24 - iTunes review shout outs!

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!

66: Meet the Drapers: Invest with Tim, Bill and Jesse Draper Aug 10, 2017

Sarika Batra is the Producer and Director of ‘Meet the Drapers’, the first-ever startup crowdfunding show that features startups pitching 3 generations of Drapers. The twist is that the millions of viewers are the investors!

Sarika will reveal how the show was created and how you can have the opportunity to pitch to the Drapers. She will also discuss the structure of the deals and investments that may be made. Listen to the end to learn what it takes to produce a show of this caliber.

Links:

> If you’re an entrepreneur or startup and would like to apply to be on the show, you can do so in 2 minutes

[Apply here]

Where are we:

Sam Marks – Thailand
Johnny FD – Ukraine

Discussed:

ILAB 40 – Republic.co: Simplifying Startup Investing for Un-Accredited Investors
ILAB 32 – Indiegogo Co-Founder, Slava Rubin on Equity Crowdfunding

Thank you to the recent donors in our campaign to build playgrounds for orphans in Cambodia. If you’d like to support the cause please join us: Playgrounds 4 orphans

Books:

Start Here – Recommended readings

Time Stamps:

03:24 - Who are the Drapers?
08:30 - Finance and venture capital background
10:30 - First VC in India
11:19 - How the show was created
13:55 - The application process
18:59 - The investment opportunity
20:01 - What to expect from the judges
22:25 - Shark Tank vs. Meet the drapers
25:49 - Pitching the Drapers
29:58 - Form and structure of the investments
31:58 - Producer's production responsibilities
37:13 - How can you watch the show?
43:45 - Beatstars equity crowdfunding

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!

65: Bitcoin vs. Stocks, Tesla vs. Ford Aug 02, 2017

Mike Murgio will explain why Tesla or Ford may be your next investment including how to compare, value, and buy these individual stocks. Find out why Tesla is surpassing Ford in market share and Mike's current view on the equity market and potential crash. You’ll also get an introduction to Bitcoin Cash and understand how cryptocurrency is disrupting the currency industry. Listen to the end to hear some of the Telsa engine types and featured options.

Links:

Where are we:

Sam Marks - Thailand
Johnny FD - Ukraine

Discussed:

ILAB 38 – Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit
ILAB 52 – The # 1 Rule of Investing, with Phil Town

Try Freshbooks FREE

Books:

Start Here – Recommended readings

Time Stamps:

04:50 - Bitcoin hard fork to cash
07:53 - The problem with cryptocurrency
18:11 - Tesla surpassing Ford in market share
21:45 - Debt, equity, and revenue
29:49 - Enterprise value comparison
40:39 - Debt holder advantages
44:05 - Should you invest?
50:20 - Energy businesses
52:50 - GM bondholders money loss
58:17 - Current view on equity market
1:06:28 - Price earning ratio
1:08:37 - Releasing the first Tesla Model 3
1:11:51 - Disrupting the currency industry
1:14:27 - Predicting the stock market crash
1:18:43 - Is Ford on the way out?
1:21:25 - Tesla engine type options

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!

64: Trading Options Full Time: $0 - $100K Annually with Kirk Du Plessis Jul 27, 2017

Kirk Du Plessis is the founder of Option Alpha, an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is responsible for everything from maintaining the business model, revenue strategies, marketing, strategic partnerships with brokers, writing, design, and website development.

During the show, Kirk will cover options strategies, risk management, trading psychology, option pricing and portfolio allocation. You'll learn how other make this a full-time income including ways to optimize the process. Listen to the end to hear the best trading platforms plus Kirk personal investments.

Links:

LinkedIn
Optionalpha.com
Optionalpha.com/toolbox (Software)

Where we are:

Sam - Asia
Johnny FD - Ukraine
Kirk - East Coast USA

Discussed:

ILAB 57 – MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In
ILAB 54 – How Anyone Can Retire in 10 Years or Less, with Todd Tresidder

Try Freshbooks Free

Books:

Start Here – Recommended readings

Time Stamps:

04:35 - Brief background
09:26 - Trading and running OptionAlpha
12:40 - Risks in Forex and options
15:01 - Common options
17:27 - Being a full-time investor
20:54 - Selling option contracts
24:22 - Leveraging methods
30:19 - Generating 6k per month
37:31 - Optimizing through software
42:52 - Win rate preference when trading
47:38 - Best trading platforms
49:51 - Kirk personal investments
56:47 - Buying index funds of VTI

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!

63: Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster Jul 19, 2017

Michael Foster is the Lead Research Analyst for Contrarian Outlook. He is the only analyst in the world who is 100% devoted to CEFs with market caps under $1 billion. Michaels reports are widely read by analysts and portfolio managers at some of the largest hedge funds and investment banks in the world, with trillions of dollars in assets under management.

During the show, Brett Owens talks with Michael on the CEFs to buy with safe dividends and high yields. You’ll learn the difference between Closed End Funds, Mutual Funds, and Exchange Traded Funds including buying at a discount. Sam Marks will share his experience buying CEFs and explain the process.

Links:

Contrarianoutlook.com

Where are we:

Johnny FD – Ukraine
Sam – Asia

Discussed:

Michael’s Articles

> The 9.9% Yields Every Retiree Must Own

> 10 Funds That Crush the Market and Pay up to 9.5%

> Gabelli Equity Income Fund

Sam’s Municipal Bond CEFs

ILAB 33 – Brett Owens, 3 Recession Proof REITs to Buy Now

>Try Fresh Books

Books:

Start Here – Recommended Reading

Time Stamps:

07:15 - Safe dividends and yields

10:27 - Close end funds, mutual fund, and ETF

14:35 - CEF quantity and discounts

20:51 - Typical investors

27:33 - Types of funds with high payout

41:59 - Buying CEF and municipal bond funds

43:27 - Downsides to CEF

47:32 - Process of buying

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!

62: Q2 Investing Updates + Early Retirement Jul 12, 2017

Sam Marks and Johnny FD share their investing updates from the past three months. Listen as Sam explains why he exchanged a half million USD into RMB and how Johnny's Forex account has developed. You'll find out if early retirement is right for you including how Sam and Johnny strive to balance wealth, time, and happiness.

Like these investments? Try them with these special ILAB links:

Try ARTofFX – Start a limited account for $10,000 with this link (Unaccredited Investors OK)
Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK)
Try PeerStreet – Geet a 1% yield bump with this link
Try Wealthfront – Get $15,000 managed Free

Where are we:

Johnny FD - Ukraine
Sam - Asia

Discussed:

ILAB 03 – Foreign Exchange Trading with Brian from Art of FX
ILAB 06 – Invest in Yourself to Startup an Award Winning Brewery
ILAB 07 – Building Hong Kong’s Biggest Self Storage Business

Try Fresh Books for Free

Book:

Start Here – Recommended Reading

Time Stamps:

08:11 - Sam’s new investments
12:39 - Johnny’s investment update
15:41 - Half million exchanged to RMB
24:01 - Forex trading account growth
30:11 - Black Hops Brewery investment
32:39 - Hong Kong self-storage units
36:25 - Early retirement ups and downs
55:45 - What is happiness?
1:00:45 - Current bucket list projects
1:04:51 - The happiest we’ve ever been

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!

61: RealtyMogul CEO Jilliene Helman, Transforming Commercial Real Estate Investing Jul 05, 2017

Jilliene Helman is the CEO of RealtyMogul, the largest online marketplace for investors to pool money and crowdfund pre-vetted real estate investments. Prior to RealtyMogul, Jilliene served as Vice President at Union Bank, where she spent time in wealth management, finance and risk management. The RealtyMogul team brings over 200 years of collective experience underwriting, managing, and acquiring over $20 billion in real estate across asset classes and markets nationally.

During the show, Jilliene will explain why RealtyMogul has over 125,000 investors and what real estate investing can do for you. You’ll learn about popular cash on cash returns, investing limitations and options including the legal underwriting process. Find out how they’ve returned back over 60 million dollars to their investors.

Links:

Realtymogul.com
@JillieneHelman

Where are we:

Johnny FD - Kiev, Ukraine
Sam - Chiang Mai, Thailand
Jilliene - LA, California

Book:

Start Here – Recommended Reading

Time Stamps:

05:04 - Jilliene’s background
08:01 - Defining commercial real estate
10:30 - What a Trump presidency means to commercial real estate
12:35 - When researching platforms to invest on
15:12 - The growth behind RealtyMogul
16:59 - Understanding/ analyzing the market data
19:46 - Daily routine and workload
20:53 - Investor Education
21:56 - Legal underwriting
23:11 - Popular cash on cash returns
24:42 - Investing limitations and options
29:16 - Opening a saving in foreign countries
32:34 - Investing in stocks and real estate

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!

60: M.C. Laubscher - Investing Lessons from the Cash Flow Ninja Jun 30, 2017

M.C. Laubscher is the CEO of Valhalla Wealth Financial, a company that helps individuals, families, small business owners, professionals & entrepreneurs employ wealth acquisition & financial management strategies for growth. M.C. is also the host of the popular business and investing podcast, Cashflow Ninja. He challenges existing societal belief systems and misinformation on money, saving, investing, wealth, and retirement.

During the show, M.C. will reveal the six pillars he learned after interviewing over 150 successful investors. He will speak on accumulation and the cash flow model including the power of masterminds and mentorship. Listen to the end for the three principles to help build your wealth, happiness & success.

Links:

Cashflowninja.com
Valhallawealth.com
@mclaubscher

Where are we:

Johnny FD - Ukraine
Sam - Hong Kong
M.C. - Pennsylvania

Discussed:

Try FreshBooks Free

Gofundme.com/playgrounds4orphans

Inside: McDonald's | Netflix

160: Sam Marks: How to use Speed & Strategy to Gain a Competitive Advantage

Sam Marks: Building a $100 Million Dollar Company

Book:

The Creature from Jekyll Island - G. Edward Griffin

Time Stamps:

06:50 - Common myths and misinformation
12:55 - Deferring taxes
15:14 - Accumulation and cash flow model
23:38 - Learning from successful investors
28:41 - Philanthropy
31:22 - M.C’s backstory
38:47 - Masterminds and mentorship
47:50 - Life settlement system
52:00 - Three principles to build wealth, happiness & success
1:05:15 - Explaining life settlement funds
1:08:17 - Institutional risks
1:11:24 - Ukraine money exchange

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!

59: YieldStreet - The Future of Non-Correlated Asset Investing with CEO Milind Mehere Jun 27, 2017

Milind Mehere is the founder and CEO of YieldStreet which is an online marketplace for investing in alternative asset-based loans. 8-20% target returns. 1-3 year terms. Milind has worked for industry-defining companies and personally built and scaled three businesses, one of which, Yodle, was acquired by Web.com for $342 million in 2016. He is a successful tech entrepreneur who created investment opportunities outside the stock market with real collateral and attractive yields.

During the show, Milind explains how you can generate passive income by connecting to asset-based investments with strong returns. You'll learn how the investments are structured, typical duration and investment terms including how pre- and post- settlement financing works. Expect to hear about Milind's personal investment portfolio and how YieldStreet maintains a zero principle loss to investors.

Links:

Yieldstreet.com
LinkedIn
@milindmehere

Where are we:

Milland - New York
Sam - Ireland
Johnny FD - Lviv, Ukraine

Discussed:

Gofundme.com/playgrounds4orphans

Try FreshBooks Free

Books:

Start Here – Recommended Reading

Time Stamps:

05:53 - Founding vision for YieldStreet
10:26 - Non-Correlated assets
12:07 - Duration and investment terms
15:23 - The safest loans in real estate
16:25 - Rolling maturities
17:09 - Milind personal portfolio
24:47 - Peer to Peer breakdown
27:07 - NBA loans
29:06 - Diversified pre settlement finance portfolio
33:01 - Post settlement funding
35:22 - Sourcing deals
43:03 - Tech/data side of business
46:40 - Maintaining zero principle lost to investors
53:12 - The demand of YieldStreet
1:04:30 - Walking across Ireland

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!

58: Royalty Exchange - Acquire Jay-Z, Britney Spears, and Popular Music Royalties Jun 15, 2017

Jeff Schneider is President & CFO of Royalty Exchange which is an online marketplace where artists can sell a portion of their royalty stream to private investors as a way of raising money. They offer unprecedented flexibility that allows qualified sellers to dictate which the portion of their catalog they wish to sell while retaining full control of their copyrights and continue collecting the royalties they decide to retain.

During the show, Jeff will discuss royalties as an alternative and modern opportunity for unaccredited investors. He will explain ways to get started investing in royalties, provide examples of the kind of music and royalties they sell on their platform including potential annual returns and quarterly payouts.

Links:

Royaltyexchange.com
@royaltyexchange

Where are we:

Denver - Jeff
Berlin - Johnny FD
Ireland - Sam

Discussed:

Gofundme.com/playgrounds4orphans

Book:

Start Here - Recommended Reading

Time Stamps:

03:45 - Finding Royalty Exchange
06:38 - Music, books, patents, & trademark royalties
08:31 - Copyrights explained
11:32 - Guide to buying music royalties
14:47 - Growth over the decades
18:03 - Risks in the industry
19:47 - Investing through the platform explained
24:23 - Predicted projected royalties
28:39 - How to get paid
31:37 - Real Estate vs. royalties
33:32 - Annual returns and quarterly payouts
26:53 - Common types of investors
38:51 - How to get started
40:50 - What is a public performance?
41:50 - YouTube music copy claim
45:21 - Getting paid as an artist
49:12 - Will Johnny FD invest?
51:26 - How to make money with Royalty Exchange
56:28 - Will Sam invest?
58:50 - Walking across Ireland

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!

57: MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In Jun 07, 2017

MJ DeMarco is the current founder of Viperion Publishing Corp., a media company focused on online and print content distribution. He also is admin/founder for The Fastlane Forum, the webs' leading destination forum for start-up, finance, and entrepreneurial business discussions. He was the former start-up Founder/CEO of Limos.com, a global ground transportation aggregator and marketplace that he successfully built and grew into a profitable multimillion dollar company, all with no money, no formal training, and with just a few employees.

Through rigorous years of self-study, countless errors, and failures, MJ cracked the code to wealth and shockingly discovered that it had nothing to do with jobs, 401(k)s, mutual funds, or penny-pinching your life away for 40 years.

During the show, MJ will share his financial roadmap that creates millionaires and gives you control over your financial plan. He’ll reveal his personal investment portfolio and explain how he balances success with happiness. Find out if you should demand the fastlane, take the alternative road-to-wealth, and live rich for a lifetime.

Links:

Mjdemarco.com
@MJDeMarco
LinkedIn

Where are we:

Sam & Johnny – Kilkenny Ireland @ The Work Junction Coworking
MJ DeMarco – Phoenix, Arizona

Books:

> (NEW!) UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship

> The Millionaire FASTLANE

Time Stamps:

04:26 - Writing Millionaire Fastlane
08:01 - The turning point in MJ’s life
10:01 - Is the fast lane for everyone?
11:28 - Mistakes made over time
14:21 - Lamborghinis and road rage
15:10 - Real Estate and homeowners
16:34 - Buying municipal bonds
20:04 - Selling options
26:11 - Arizona state income tax
28:06 - Success and happiness
30:14 - Fast lane, slow lane & sidewalk
40:03 - Making your home a resort
44:25 - Slowlane vs. fastlane

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!

56: James Altucher - $15 Million to Zero and Back, Investing, Passion, and Creativity May 31, 2017

James Altucher is an American hedge fund manager, entrepreneur, bestselling author, venture capitalist, and podcaster. He has started and run more than 20 companies, some of which failed, several of which he sold for large exits. More important, James has been inspiring people by speaking on topics including stress, fear, anxiety, money, and relationships.

During the show, James will share how he quickly lost $15 million, overcame depression and suicide including how he rebuilt his financial wealth and happiness. You'll learn about his strategies for investing in 30 companies and creative process for keeping the perfect work-life balance.

Links:

Jamesaltucher.com
@jaltucher

Where are we:

Dublin, Ireland - Sam & Johnny FD
New York - James

Discussed:

The Article Discussed: Facebook Shareholders What Do You Do After You Make a Zillion Dollars
Podcasts: The James Altucher Show & Ask Altucher

Here are a few of our favorite episodes:
Ep. 217 – Tony Robbins: Be Fulfilled: Just Start Asking Yourself These 2 Questions
Ep. 6 – Dr. Wayne Dyer: A Test to See If You Are Ordinary

Book:

The Power of Intention - Dr. Wayne W. Dyer
Sapiens - Yuval Noah Harari
Reinvent Yourself - James

Time Stamps:

06:42 - The problem with business hustlers
08:55 - Getting lucky with SkyCig
10:14 - Being better than competitors
14:53 - Being vulnerable through writing
17:50 - Losing 15 million
21:16 - Building websites for companies
23:14 - Overcoming depression and suicide
26:42 - Angel investing in 30 companies
32:14 - Financial wealth and happiness
39:51 - Most intimidating moments
41:27 - Writing down 10 ideas per day
42:45 - Bring laughter into life
47:50 - A life predicated on success
51:10 - Walking across Ireland with a backpack
52:46 - Living a minimalistic life
54:08 - Taking care of yourself

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!

55: The LandGeek, 5000 Raw Land Flips Through Automation May 24, 2017

Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001 and has completed over 5,000 unique transactions. Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company.

During the show, Mark will share how he creates passive income in raw land and discuss the systems and automation in real estate that contributes to his success. He will unfold key benefits of owning raw land, how to find quality property, and ways you can start maximizing your investments today.

Links:

Thelandgeek.com
Youtube
@TheLandGeek
Facebook
Linkedin

Where are we:

Phoenix, Arizona - Mark
Spain - Sam & Johnny FD

Book:

Call me Ted - Ted Turner

Time Stamps:

05:18 - Getting into land real estate
07:44 - Tax lien & tax deed investing
09:18 - Getting raw land to cash flow
11:35 - Automating through software
13:20 - How Mark got the name “The Land Geek”
13:44 - Benefits of owning raw land
16:35 - Finding good value property
19:25 - Looking for quality land
23:26 - Before making an offer
26:58 - Protection and liability
30:55 - Common mistakes made
33:28 - Getting a call from the FBI
35:30 - How to get started
37:40 - Mark’s personal investments
40:27 - Buying and selling land
44:10 - Passive property sales

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!

54: How Anyone Can Retire in 10 Years or Less, with Todd Tresidder May 18, 2017

Todd Tresidder is a retired hedge fund manager turned money coach and financial blogger at Financialmentor.com. He became financially independent at age 35 through investing and is still an active investor who earns consistent investment returns in both up and down markets. Todd has successfully helped over 15,000 people jumpstart their financial freedom and plan for early retirement.

During the show, we will explore strategies much different than the traditional methods taught by many other financial experts. Todd will share his thoughts on Robo-advisors like Vanguard and real estate crowdfunding. We’ll also discuss the unknown side of financial independence and the problems you may face once you’ve achieved success.

Links:

Financialmentor.com

@Financialmentor

Where are we:

Barcelona, Spain - Sam & Johnny FD

Lake Tahoe, Nevada - Todd

Discussed:

Article: How Anyone Can Retire in 10 Years or Less

Todd’s Course - 7 steps to 7 figures

Book:

Start Here – Recommended readings

Time Stamps:

03:14 - Achieving wealth and early retirement

08:09 - Retiring in 10 years

17:17 - Frugality and high savings

23:20 - Real estate and entrepreneurship

24:58 - Foreign real estate

26:46 - Best path to retirement for all individuals

32:31 - Financial freedom with kids

34:46 - Using Robo advisors such as Vanguard

37:06 - Real estate crowdfunding issues

40:40 - Problems once you’ve achieved success

43:10 - Unknown side of financial independence

50:33 - Diversifying and due diligence

53:46 - Passive vs. active investing

56:10 - Preparing for success

56:30 - Fun to hassle ratio

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!

53: Commercial Real Estate Investing with CrowdStreet CEO Tore Steen May 10, 2017

Tore Steen is the CEO and Co-founder of CrowdStreet which is a crowdsourcing platform connecting investors with Main Street investment real estate opportunities. Tore is a business leader in the internet and software industries with deep expertise in strategy, business development, sales, and marketing for both publicly traded and private enterprises.

With commercial real estate being the third-biggest asset class in the U.S. Tore will share how CrowdStreet is empowering individual investors by democratizing investment real estate. Tore will talk about technology solutions that provide real estate sponsors with a scalable platform for managing a large investor base. You'll also learn about the potential yields and the opportunities available to non-accredited investors.

Links:

Crowdstreet.com

@CrowdStreet

@toresteen

Where are we:

Catalonia Spain - Sam & Johnny

Portland, Oregon - Tore

Book:

Start Here – Recommended reading

Time Stamps:

02:49 - Beginning of CrowdStreet

06:07 - The leadership team experience

08:36 - Defining commercial real estate

10:07 - Grading the quality of property

11:09 - Terms to familiarize with

14:09 - Demographic trends in the USA

16:57 - Investors circle learning platform

18:29 - Asset profile explanation

23:07 - Average member investment

25:20 - Software solution for developers

28:27 - The vetting process

32:54 - Average returns across the platform

36:09 - Nonaccredited opportunity

40:59 - Passive returns on investment

43:46 - High risk vs. safe ROI

46:21 - Biggest investment mistakes

55:09 - Nonaccredited investors

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!

52: The # 1 Rule of Investing, with Phil Town May 03, 2017

Phil Town is an investor, motivational speaker, hedge fund manager and 2x New York Times best-selling author. Through Rule #1 Investing, he teaches personal investing at a free 3-day workshop where he empowers people to invest money on their own and stop relying on fund managers to determine their financial future.

Phil started in the U.S special forces and worked as a Grand Canyon river guide up until 1980. He fell into finance in such a unique way and managed to turn $1,000 into over $1 million in just 5 years. Find out how Phil's methods contributed to all of his success in life and investing.

Links:

Linkedin
Facebook
@Rule1_Investing

>Phil’s 3-Day Transformational Investing Workshop

Where are we:

Barcelona - Sam & Johnny FD
Atlanta - Phil

Discussed:

ILAB 50 – Wealthfront CEO Andy Rachleff, Investing the Robo Way

Invested: The Rule #1 Podcast is LIVE. Here Are Episodes 00-03

Book:

Start Here

Time Stamps:

03:17 - Serving in the green Barrett
04:17 - Exploring East Coast of United States
08:18 - Rafting guide in the Grand Canyon
09:38 - Making the first million
12:10 - Meditating with family
20:39 - Investing before the internet
26:28 - Modern Portfolio Theory
29:37 - The number one rule of investing
32:53 - Is accessibility to the market bad?
35:55 - Buying in a depressed market
38:31 - Should you play the market crash?
41:56 - The 4 investing principles
42:54 - Learning from people like Warren Buffett
55:23 - Snapchat investing opportunity
1:00:24 - Do you need a financial advisor?
1:05:04 - Risky investment portfolios
1:06:13 - Facebook stock value
1:07:35 - Managing a work-life balance

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!

51: Kitco Global Trade Director, Peter Hug’s Views on Markets and Metals Apr 26, 2017

Peter Hug is the Director of Global Trade at Kitco Metals Inc, which has retail and online departments for trading metals as well as a news division called Kitco News. Peter is one of a handful of experts who have succeeded through multiple bull and bear cycles using skills honed during the dramatic fluctuations of the 1980s. Prior to joining Kitco, Peter served as Senior Vice President at Guardian Trust Company, now a part of Laurentian Bank, which became one of the largest international trading houses for precious metals.

With equity markets surging, we wanted to hear from Peter on his views of precious metals, where they belong in your investment portfolio and how fed and geo-political variables can affect prices. Peter also shares with us daily operations at Kitco and some interesting insights to the purchasing of physical metals.

Links:

Kitco

Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK)

Where are we:

Peter - California

Discussed:

ILAB 38 – Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit

ILAB 21 – Silver Bullion CEO: Why and How to Buy Precious Metals

ILAB 12 – Real Estate Investing with Fundrise CEO Ben Miller

Book:

Emergency - Neil Strauss

Time Stamps:

03:15 - Peter’s background

04:57 - The face of Kitco

06:48 - Equity market since Trump's election

11:48 - Peter’s personal asset allocation model

12:48 - Should you buy gold?

21:14 - Hong Kong gold crafts

25:11 - Buying gold from the US government

30:10 - Silver and gold % in your portfolio

32:57 - Fed raises rates and inflation

34:50 - Buying mints for liquidity

37:23 - Agnostic gold

39:45 - Highest volume coin in retail store

40:44 - Who buys good delivery bars

42:38 - Johnny’s father is alive because of gold

43:59 - Stealing $20,000 of gold coin

46:06 - Carrying a gold coin in your pocket

49:26 - Trading Cryptocurrencies in the future

50:42 - Investing in precious metals

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!

50: Wealthfront CEO Andy Rachleff, Investing the Robo Way Apr 18, 2017

Andy Rachleff is not only a veteran in finance, he is also a pioneer in modern investing. Wealthfront is due more than their fair share of pioneering and innovating Rob-advisors, and helping millions of people start investing in the market in a smarter, more efficient way. At the time of this episode, Wealthfront is managing over $5.5 Billion for all types of investors from beginners to high net worth individuals. Robo-Advisors (or automated investing as Andy prefers to call it) have been sweeping the finance sector making it easy and transparent to invest in the market.

On this episode, we get to tap into Andy’s nearly 4 decades of experience in finance and investing, explore efficiencies in the Wealthfront platform, and see who Robo-Advisors are a good investing instrument for.

Links:

Linkedin
@arachleff

>Try Wealthfront – Get $15,000 managed Free

Where are we:

South Carolina - Sam
Northern California - Andy
Bali - Johnny FD

Discussed:

If you like vanguard, you’ll love Wealthfront

Book:

A Random Walk Down Wall Street - Burton G. Malkiel

Time Stamps:

02:52 - From VC to entrepreneur
05:02 - A tip to outperform the market
06:55 - Financial advisors
08:54 - Choosing fund and ETFs
14:23 - Artificial Intelligence usagexxx20:41 - Three ways you can control the market
25:31 - Time-weighted return vs money weighted return
29:01 - Passive investing
33:05 - Robo-advisors market share
35:02 - Software based auto advisors
39:17 - Is there a future for traditional advisors?
42:30 - Tax loss harvesting
44:50 - Lump sum or dollar cost averaging
46:55 - Time-weighted return vs money weighted return
51:00 - Is Robo-advisory right for you?

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!

49: How to Make $500K a Year Doing Door-2-Door Sales Apr 12, 2017

Bryan Ravit is a tenacious, 32-year-old salesman who is mastering the art of the selling. For over a decade, Bryan has been doing sales the hard way, cold calling, and door-2-door. He has continuously developed and refined his skill and used it to bounce back from tough financial situations and thrive, really thrive. He is on track to make $500k this year, with most of that coming in just a 7-month window. Bryan started in sales as just a teenager (and was admittedly not very good) and has since learned how to sell to just about anyone, and anywhere. Drop him in any neighborhood in America and he will end the day several thousand dollars richer. He is as ambitious as he is inspiring, helping all types of people learn how to sell and make their own way by watching him do exactly that.

This episode proves that there are many ways to make money by investing in yourself and developing skills, even when it can be extremely uncomfortable to start. Sales, especially door-2-door have been around for 5000+ years, and it has never been easier to make big $ apply this skill than in modern day.

Bryan’s info

(+1) 850-445-8095
Ravit.bryan@gmail.com
Facebook

Vivint Smart Homes

About Vivint
Promo video about the sale position
**Vivint was rated as one of FastCompany’s 2017, 50 most innovative companies

Discussed:

Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK

Books:

Influence - Robert B. Cialdini
Sell or Be Sold - Grant Cardone
Cashvertising - Drew Eric Whitman

Time Stamps:

04:20 – What makes a good salesman?
06:18 – First sale ever made
09:34 – Overcoming cold call selling
16:50 – Making $45k at Cut Co Cutlery
20:41 – Cold call phone call example
27:26 – Vivint smart homes security
29:08 – Breaking and entering at Sam’s house
33:13 – Choosing clients and fulfilling orders
39:40 – Restricted places for door to door sales
42:55 – Balancing sales and management
44:31 – Sales walkthrough strategy
49:58 – Knowing when to give up
52:28 – Reading body language
53:44 – Getting in trouble with the cops
56:04 – Four characteristics of a good salesman
1:00:20 – Future plans and goals
1:01:30 – Anticipating the real estate market crash
1:04:25 – From zero to $500k per year

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!

48: Q1 Investment Updates: Invest Like a Boss Apr 05, 2017

It’s the end of Q1 and Johnny and Sam catch up on all things including investment performance, winners and losers, what their Q2 plans are, and major takeaways from the last 3 months of Invest like a Boss episodes. They also reveal and disclose their personal investments and asset allocations including some investments you may not of known about.

On this episode, you will also hear about which investments of theirs have recently started cash flowing, clarifications and discussions from previous episodes, and their thoughts on early retirement. Each quarter, the two hosts will maintain an episode in this format to formally catch up on all things personal finance and investing related. We hope you find value in this Q1 update from Invest Like a Boss.

Like these investments? Try them with these special ILAB links:

Try ARTofFX – Start a limited account for $5,000 with this link (Unaccredited Investors OK)
Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK)
Try PeerStreet – Geet a 1% yield bump with this link
Try Wealthfront – Get $15,000 managed Free

Discussed:

Just bought more facebook stock - Johnny FD Blog Post

Digital Nomad Live Talk

Books:

Dotcom Secrets - Russel Branson
The 10X Rule - Grant Cardone
Rich Dad Poor Dad - Robert Kiyosaki
Infantry Attacks - Erwin Rommel
The Sale of a Lifetime - Harry S. Dent Jr

Time Stamps:

02:19 - Learning to surf
06:02 - Retiring at a young age
12:34 - Stocks, bonds, and funds
15:48 - Vanguard quarterly income returns
20:37 - Cash investments
22:40 - Wealthfront updates and accounts
28:22 - Fundrise REIT investment cap
30:36 - Maple Tree & Hong Kong storage
35:50 - Lending Club account value
38:14 - Buying a Maserati with foreign exchange trading
44:19 - Sams asset allocation update
53:04 - Future market crash
55:22 - Buying Tesla & Facebook Stock
58:44 - Investing in our health
1:05:25 - Retire and become a millionaire

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47: CPA to Self-Made, Bryce Leo’s Multi-Million Dollar Crush Empire Mar 29, 2017

Bryce Leo is the 31-year-old owner of Crush Empire, which specializes in online prep courses for advanced education exams. Bryce has a classic hustler story grounded on investing in himself, and one that has evolved quickly over the last 5 years. What makes Bryce so unique is that he started where so many people have been before, out of school with a degree and good career lined up (CPA) and decided to abandon it all to invest in his future and work to live life on his own terms. Most impressive though, is how he is continuously making the decision to reinvest everything back into himself and his business in an attempt to outpace competition and truly innovate in the field.

While he had made enough money to retire in his 20’s as only an affiliate, he continues to shoulder more risk and push the limits into new verticals. Where others would get complement with their blossoming earnings, he has scaled his income to now over 6 figures of monthly income. Bryce has an inspiring story that anyone who is interested or already involved in online business should hear. Listen to his full story in this new episode titled CPA to Self-Made, Bryce Leo’s Multi-Million Dollar Crush Empire.

Links:

Website

@CRUSHtheCPA

Clean up Your Inbox Now - SaneBox

Books:

Call me Ted - Ted Turner
Outliers – Malcolm Gladwell
The 10X Rule - Grant Cardone

Start Here – Recommended reading

Time Stamps:

04:14 – Building a positive work environment
08:45 – DC BKK network
11:45 – Working as a CPA
14:41 – Affiliate marketing niches
18:40 – Making $1,000 a month in Bangkok
27:38 – SEO case studies
35:48 – Affiliate programs growth
44:00 – Virtual reality learning
48:00 – Split testing
52:00 – The future of online education
57:45 – Investing in yourself
1:04:01 – Conferences networking
1:10:20 – Choosing a niche

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46: Flags Theory, the 5 Flags of Diversification with Lief Simon Mar 22, 2017

Lief Simon is the boss over at Offshore Living Letter, which produces publications and offers services to help people internationalize oneself and their financial interests. He has lived in several foreign countries himself and put his good word to practice in internationalizing his life and assets. There are various reasons individuals should consider planting flags overseas and Lief sits down with us to discuss why it is important.

We go into detail on which flag with actionable steps individuals can take to get started on each. Banking, Residency, Citizenship, Asset Protection, and Business Incorporation round out the 5 flags. While internationalizing oneself is not immediately on the minds of everyone, it's important to understand what situations may arise now or in the future that may provide personal and financial benefits to taking active steps. Listen to this full episode for an introductory to Flag Theory with Lief Simon.

Links:

Live and Invest Overseas
@LiveandInvest

Offshore Living Letter
@OffshoreLetter

>Sign Up for their free newsletter

Where are we:

Panama - Lief Simon
San Diego, CA - Sam
Bali, Indonesia - Johnny FD

Discussed:

Simon Black – Finding Outsized Returns Off the Beaten Path - ILAB 19
Building the Crash Proof Retirement System with Phil Cannella - ILAB 44
Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04

Books:

Start Here – Recommended reading

Time Stamps:

02:19 - Traveling the world
03:14- Offshore living letter
04:45 - Flag theory overview
06:00 - Internet security
07:00 - Bitcoin FBI investigation
07:45 - Offshore banking
15:52 - Foreign residency
18:10 - Best countries for a second residency
22:00 - Tax treaties
26:30 - Citizenship benefits
37:20 - Protecting your assets
41:00 - US based asset held in offshore trust
44:00 - Overseas business incorporation
51:40 - Global conferences
57:34 - Spending money in SE Asia
59:15 - renouncing US citizenship
1:00:49 - Tax exclusion
1:02:29 - Thai elite residency
1:08:56 - Foreign country possibilities
1:14:40 - Opening a company in Belize
1:16:45 - Spending money with no tax
1:19:00 - Protecting our assets

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45: Behavioral Finance and How Betterment is Optimizing Around It Mar 15, 2017

Dan Egan is the Director of Behavioral Finance and Investments at Betterment. He has spent his career using behavioral finance to help people make better financial and investment decisions. Dan is a published author of multiple publications related to behavioral economics.

We were fascinated at the prospects of how technology and psychology may be blended to help us as investors make better decisions, and in many ways, make fewer decisions. Dan joins us to talk about his background in the field, analysis of mountains of behavioral data, and how Betterment is optimizing their platform around a very important part of investing – human emotions.

Links:

Website
Linkedin
@daniel_egan
Betterment archives for Dan Egan

> Try Betterment for 6 Months Free with this link

Discussed:

Betterment CEO Jon Stein: A Decade of Pioneering Robo Advisory - ILAB 22

Sam Mark’s Personal Millions and Show Introduction - ILAB 01
From $1k to Future Millionaire: Johnny FD’s Investments - ILAB 02
From $0 to Self Made, How to 300X Your Investment - ILAB26

Time Stamps:

03:53 - Beginning in behavioral finance
06:50 - Stock market crash
10:20 - Altering decisions from emotion
14:20 - Personality traits for investing
19:00 - Tax impact preview
23:30 - Conservative and liberal taxpayers
26:00 - Buy and hold vs. active manager
28:00 - Getting hired at Betterment
31:00 - The Betterment team
34:44 - Design and user experience
38:00 - Recession and market crisis plan
43:28 - Marketing timing and dips
46:22 - Internal growth vs. the competition
51:20 - Call in advisor service
56:10 - Making quick emotional decisions
59:30 - Anticipating the next downturn
1:00:30 - Investing in yourself
1:06:00 - Surfing in Bali & skiing in Tahoe
1:06:40 - Betterment vs. other Robo-advisors

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44: Building the Crash Proof Retirement System with Phil Cannella Mar 08, 2017

Phil Cannella is the founder and creator of The Crash Proof Retirement System. The Crash Proof System was born in the ashes of the financial collapse of 2000 and developed to bring consumers a strategy that guarantees preservation of principle while still achieving adequate growth. Phil has been in the insurance industry for a whopping 41 years and got his start and success through endless hard work and hustle, which included nearly a decade of door-to-door sales.

Over the course of his career, he has interviewed some of the top financial and political insiders in the world and seen just about everything on Wall Street. We sit down for a rare and extended interview with Phil to get his take on the world markets, investing, work ethic, and of course retirement planning.

Links:

Website
Facebook
@PhillipCannella

Phil's bio video

Educational Event Teaser
WPHT Philadelphia
WFTL South Florida

-Crash proof retire events

Discussed:

Video Testimonials

Video of SEC Interview - Playlist

Audio file of Jim Cramer

Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 4

Time Stamps:

06:23 - World financial crisis
22:10 - $2.8 billion debt crash
30:10 - Insurance industry
33:40 - Fixed annuities
36:20 - ADHD & dyslexia
41:01 - Publically humiliated
45:04 - Pharmaceutical drugs
48:55 - Recession proof investment
54:10 - Annuity growth
1:00:38 - Insurance companies vs. banks
1:15:20 - Life insurance firewalls
1:18:20 - B++ bonds
1:22:10 - Safety nets
1:25:10 - Guaranteed renewable contract
1:37:10 - How to find success
1:40:30 - Crashproof educational process
1:48:48 - Tax-free legacy
1:54:53 - Demographics for fixed index annuities
2:05:30 - Investing in life insurance
2:10:17 - Are fixed rate annuities right for you?
2:12:00 - Greece’s debt
2:12:50 - Education, research, and network
2:14:00 - Interest rates and fees

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!

43: Fundrise eREITs: How to Choose Your Investments with Kendall Davis Mar 01, 2017

Kendall Davis is the All-Star Director of Investments at Fundrise and based in Washington D.C. Since Episode 13 with their CEO Ben Miller, we have made multiple new investments into the Fundrise eREITS. As with other modern investment products, new questions are constantly popping up around the structure of the investment, how it works, and what to expect. Previously, Kendall had fielded several of our questions and helped us grow confidence in our investment selections.

We were excited to have her on this new episode to answer a fresh batch of listener submitted questions including some of our own. In addition, Fundrise just announced their own IPO and Kendall discussed what this means for investors and their company.

Links:

Linkedin
@KendallDavisDC
contact@fundrise.com
investments@fundrise.com

Discussed:

Real Estate Investing with Fundrise CEO Ben Miller - ILAB 12
What You Need to Know About Dividend Investing in 2017 - ILAB 42

Time Stamps:

04:39 - Growth REIT pay off
09:40 - Dividend distribution
13:10 - Providing equitable access
15:50 - Choosing a REIT to invest in
19:40 - Tax consequences
21:50 - Tracking the value of assets
26:55 - Unrelated fundamental factors
28:35 - Borning annuities
29:50 - Holding regional funds
32:32 - Fixed rate of return
34:20 - Liquidity options
38:18 - IPO
43:10 - Support Q&A
45:50 - Blocked Paypal account
48:01 - Johnny & Sam’s REIT investment
51:50 - Fundrise service perks
55:10 - IPO details

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42: What You Need to Know About Dividend Investing in 2017 Feb 23, 2017

Ky Trang Ho is the founder of Key Financial Media LLC which produces marketing content for financial service firms and is a regular contributor to the financial column including a recent article that peaked our interest called What You Need to Know About Dividend Investing in 2017. The Forbes article has some interesting insights that are both exciting as an investor and cautionary.

Ky also covers and reviews Shark Tank and had the recent privilege to interview Kevin O’Leary. We sit down to get Ky’s thoughts on the stock market, how to invest in high yielding funds in 2017, and to hear what she personally invests in.

Guest Links - Ky Trang Ho

Forbes Contributor -- Investing
KeyFinancialMedia.com
@KyTrangHo
Facebook
LinkedIn

Where are we:

Tahoe, CA - Sam
Los Angeles, CA - Ky
Thailand - Johnny

Discussed:

Ky’s recent article in Forbes
Kevin O’Leary - OShares
Vanguard High Dividend Yield Index Fund

ProShares S&P 500 Dividend Aristocrats

What Ky Invests in:

Fundrise – Invest as little as $1,000
Realty Mogul

Books:

Start Here - Recommended reading

Time Stamps:

02:29 - Key Financial Media
03:18 - Shark Tank
04:20 - Kevin O'Leary
07:14 - Increase your dividends by 5%
09:00 - SMP500 dividend payments
09:50 - Vanguard 4% yield
13:30 - Dow Jones 15,000
15:50 - Dividend paying stock growth
17:30 - Bond market - Donald Trump election
20:00 - High yielding funds
21:21 - Raising interest rates
23:38 - Ky’s portfolio
25:30 - Fundrise investments
29:40 - Realty Mogul REIT
35:00 - Forbes contributors
40:00 - Vanguard small cap stocks
43:20 - Dividend payout
45:30 - Kevin O'Leary investments
48:00 - Recommended readings
51:38 - Sticking to what works
53:30 - Investment hack
55:20 - Stock market crash

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41: Brew Johnson: The New Engine Driving PeerStreet and LA’s Hot Tech Scene Feb 15, 2017

Brew Johnson is the Co-Founder and CEO of PeerStreet, a P-2-P lending platform that collateralizes borrowers property to secure the loans with the underlying real estate asset. PeerStreet has been turning on investors to a great asset class once only accessible to banks and institutional investors.

We sat down with Brew in their Manhattan Beach offices to hear about how their new backing from Andreeson Horowitz will help them scale and what their plans are for the future. If you haven’t yet listened to Episode 13 with Brett Crosby, be sure to check it out first as it talks more in depth about what PeerStreet is strategies around utilizing the platform.

Links:

PeerStreet - Website

@brewjohnson - Twitter

Where are we:

Manhattan Beach, California

Discussed:

PeerStreet vs. Lending Club - ILAB 13

Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04

Exotics Racing - The Ultimate Supercar Driving Experience

Nomad Summit - Successful digital nomad conference

Child's Dream - Empowering underprivileged children

Book:

The Sale of a Lifetime - Harry Dent

Time Stamps:

04:01 - Brews nickname

05:02 - Manhattan beach town

06:00 - Best mortgage based city

10:15 - Snapchat’s valuation

12:00 - SpaceX Elon Musk

13:36 - Denmark with family

14:00 - Founding company partnerships

21:21 - Tech & business Co-founders

23:40 - Young entrepreneurs

26:07 - Andreessen Horowitz

32:00 - Company growth

36:40 - Borrowers & Lending Club

40:37 - Loan to value valuation

46:30 - Beach, sharks and board meetings

48:16 - PeerStreet weekly payouts

53:40 - LA’s tech scene

56:00 - Driving a Ferrari

59:40 - Investing 10k in the PeerStreet team

1:06:05 - Short term loan perks

1:14:11 - Empowering underprivileged children

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!

40: Republic.co: Simplifying Startup Investing for Un-Accredited Investors Feb 08, 2017

Republic.co is the official spinoff of AngelList and allows unaccredited investors with the ability to invest in pre-vetted startup companies. Equity crowdfunding presents a new sector of investing that has been a long time in the making, but only recently introduced thanks to the JOBS act in May of 2016. Chuck Pettid, partner of Republic.co joins us to discuss the new opportunity and how their platform is working to simplify the deal terms for investors.

We also discuss how Republic sources deals for the platform and bundles the financing into “simplified agreement for future equity” in their Crowd Safe. This episode is an informative view of how startup and private investing deals are vetted and structured and is valuable at all levels of investment experience.

Links:

Republic.co - Website
@joinrepublic - Twitter
@joinrepublic - Facebook
Crowd Safe - Calculator Tool

@chucksterolove - Chucks Twitter

Where are we:

SoHo, NYC - Chuck Pettid
San Diego, California - Sam Marks
Chiang Mai, Thailand - Johnny FD

Discussed:

Indiegogo Co-Founder, Slava Rubin on Equity Crowdfunding - ILAB 32
BeatStars - Indiegogo Equity Crowdfunding
WeWork - Coworker

Time Stamps:

05:01 - Chuck’s background
06:05 - Republic.co founder story
08:02 - AngelList’s focus
09:45 - Sourcing deals
17:58 - Funding & valuation caps
22:10 - Investor limitations
26:30 - Start up fund
28:20 - Investor groups
31:30 - Vetting deals
35:00 - Crowd safe
39:19 - Calculator tool
44:50 - Future financing
46:50 - Common questions
53:10 - Investor perks
54:45 - Unanswered questions
1:00:34 - Startup Investments
1:07:01 - WeWork Co-Working

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!

39: Harry Dent: Demographics, Bubbles, and The Sale of a Lifetime Feb 01, 2017

Harry Dent is the reigning expert on demographic trends, consumer fundamentals, and bubbles. He is known for his unique research into how demographic and consumer cycles in spending impact our economies around the world. Throughout his long career as an economic forecaster, he has relied largely on demographics as the key indicator of things to come, accurately predicting the Japanese bust in ’89 and the global recession of ’08.

His must-read new book The Sale of a Lifetime looks deep into the issues facing the global economy today, why we should prepare and protect ourselves, and how to take advantage of buying assets at fire sale prices. Mr. Dent joins us to discuss his research, bubbles, and why you should be paying attention to demographics now more than ever.

Mr. Dent's Links:

Twitter - @HarryDentjr

Facebook - @EconomyMarkets

Youtube - Harry S. Dent Jr.

Mr. Dent’s Research:

Dent Research - Sign up for their free newsletter

Harry Dent - Get his new book “The SALE of a Lifetime”

Mr. Dent’s Books:

Discussed:

ILAB 36 – Dr. Daniel Crosby – 10 Commandments of Investing Success

Show Notes:

02:39 - Excerpt from A Sale of a Lifetime

06:00 - Accidental economist

11:28 - Japanese bust in 89’

16:40 - Next demographic boom

19:20 - Buying stock & real estate

23:27 - Cut tax and spend more

26:04 - Government bonds

30:40 - Deflation and inflation

35:17 - Economy driver and crashes

38:00 - House flipping in California

44:03 - China RMB

47:53 - Should you trust China?

55:36 - Sam's plan for an economy crash

1:00:06 - Johnny’s plan for making a sale of a lifetime

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38: Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit Jan 25, 2017

Chris Dunn is a world-renowned entrepreneur, investor, and educator. He has unique expertise in crypto-currencies that he developed off a background in day trading. He uses this powerful medium to profit off trades in Bitcoin and other crypto-currencies as well as direct investments in Fin-tech start-ups.

Chris joins us from his base in Austin, Texas to give us his perspective on how the average investor may look to play Bitcoin, what the risks are, how to acquire and store digital coins, and what the future may look like. It is an eye-opening episode and a great intro to the new and complicated category of crypto-currencies.

Chris's Links:

Website: Chris Dunn
Company: Skill Incubator
Twitter: @ChrisDunnTV

Discussed:

ILAB 19: Simon Black – Finding Outsized Returns Off the Beaten Path
Crypto-Currency Market Capitalizations: Coin Market Cap

Book:

Harry Dent: The Sale of a Lifetime

Show Notes:

03:15 - Skill Incubator
04:30 - Traveling 60+ cities
06:16 - Austin Texas
07:11 - Video Podcasting
08:30 - What is Bitcoin & Cryptocurrencies?
12:03 - Blockchain
12:20 - Value of Bitcoin
15:32 - Invest and save capital
18:18 - Flaws and drawbacks
22:10 - Daily exchange and taxes
25:15 - Making a profit
24:48 - Where to buy
30:47 - Public and private key
35:23 - Coinbase
36:10 - Proper trading
39:13 - First-time investment experience
43:40 - Competitors & market caps
46:24 - Gold & precious metals
50:49 - Johnny’s Bitcoin investment
52:42 - How Sam lost $30,000
55:37 - Tesla downpayment
56:08 - Accepting Bitcoin for digital product
57:25 - Banks, large bills & paper money
1:01:00 - Amazon coin
1:05:42 - Paypal’s rolling reserve

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37: Alternative Financial Medicine with Dr. Meadows Jan 18, 2017

Dr. Kenyon Meadows is a practicing radiation oncologist and avid investment enthusiast. He is launching a new finance blog called Alternative Financial Medicine and has an upcoming book of the same. The blog focuses on what are called alternative assets. Alternative assets, most broadly defined, are anything other than traditional stocks, bonds, money market and CDs.

After watching his mentor’s investment portfolios get crushed right before this planned retirement, Dr. Meadows decided to take a different approach to investing and is putting his experience and material out there to share with us all. He has invested in dozens of modern investment platforms including P2P lending, Forex, Real Estate Crowd funding, and many others. Dr. Meadows joins us to talk about his experience with these platforms, his investment portfolio, and new investment plans.

Links:

Alternative Financial Medicine - Download a free chapter of Dr. Meadows upcoming book free book and check out video interviews with alternative asset experts
Bigger Pockets - Dr. Meadows recommendation for all things real estate investing and a get knowledge base.
Lend Academy - A great resource for P2P lending recommended by Dr. Meadows

Discussed:

ILAB 03 - Foreign Exchange Trading with Brian from Art of FX

Platforms including:

Show Notes:

06:28 – Dr. Meadows background
09:00 – Becoming an investor
10:40 – 2008 market crash
13:01 – REIT investments
16:45 – Lending Club bankruptcy
17:50 – Flipping secured properties
18:45 – Receiving double digit interest
23:10 – Puerto Rican bonds
25:00 – Private lending into physical property
27:13 – Locating property
31:30 – Online lending platforms
34:50 – Debt vs. equity risk
37:00 – Sole lender
38:10 – Reality Shares, Patch of Land & Realty Mogul
38:50 – Automating investments
40:20 – Deals gone bad
45:46 – Short term high-interest loans
48:00 – Earning 7%
50:15 – Non-accredited investors
52:30 – Allocation asset classes
54:50 – 2017 investment plans

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!

36: Dr. Daniel Crosby – 10 Commandments of Investing Success Jan 11, 2017

Daniel Crosby is a PHD, and Psychologist, and behavioral finance expert who helps organizations understand the intersection of mind and markets. He joins us on this episode to discuss the 10 commandments of investing success he outlines in his New York Times Best-Selling book titled “The Laws of Wealth: Psychology and The Secret to Investing Success”.

In this episode, we learn from Dan’s experience and research while drilling down on finance through the lens of psychology. We also learn about Dr. Crosby’s perspective on the financial advisory industry, where it is going in the future, and how robo-advisors are changing the marketplace.

Twitter: @danielcrosby

Daniel’s firm: www.nocturnecapital.com

Books:

Dr. Daniel Crosby: The Laws of Wealth

Robert B. Cialdini - Influence

Robo-Advisors

If you guys are interested in Betterment or Wealthfront (Robo-advisors) you can try them for free with our links below.

Betterment – get unlimited funds managed free for 6 months

Weathfront – get up to $15,000 managed free with this link

Youtube Video Presentation:

The Ten Commandments:

You control what matters most.
You cannot do this alone.
Trouble is opportunity.
If you’re excited, it’s a bad idea.
You are not special.
Your life is the best benchmark.
Forecasting is for weathermen.
Excess is never permanent.
Diversification means always having to say you’re sorry.
Risk is not a squiggly line.

Show Notes:

05:20 - Apply social science to improve money management
06:40 – Financial advisor’s future
07:20 - Control what matters most (1)
09:12 – You can not do this alone (2)
14:50 – How to choose a financial advisor
18:37 – Trouble is opportunity (3)
24:30 – Being excited is a bad idea (4)
26:45 – You’re not that special (5)
28:55 – Your life is a bench mark (6)
32:00 – Ease of access to trading
34:20 – Forecasting is for weathermen (7)
38:15 - Diversification means always having to say you’re sorry (9)
39:16 – Excess is never permanent (8)
43:10 – Risk is not a squiggly line (10)
45:01 – Daniels personal portfolio
46:20 – Robo-advisor vs Financial advisor
53:20 – The best investors are the lazy ones
54:40 – Being a better goalie
58:00 – When the stock market crashes
1:03:00 – Sams big secret
1:06:20 – Facebook stock

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35: Inflation, Wealth Management, and Scotch Jan 04, 2017

Dave Siegel is a Financial Advisor from Northwestern Mutual who focuses on holistic Wealth Management and Financial Planning. He joins us together from his office in West Palm Beach, Florida to discuss 14 different asset classes and how inflation may affect each one. Looking to protect your assets from a hyperinflation scenario? We discuss the best investments and ways to hedge against inflation. Dave's Links: Website Linkedin Recommended Books: G. Edward Griffin: The Creature from Jekyll Island Benjamin Graham: The Intelligent Investor Tonny Robbins: MONEY Master the Game MJ Demarco: The Millionaire Fastlane Discussed: ILAB 34: New Years Resolutions, Goals, Plans for 2017 ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities ILAB 19 – Simon Black – Finding Outsized Returns Off the Beaten Path

Show Notes:

05:00 – Dave’s background
06:30 – Learn your customer's blueprint
09:15 – Maintain your income
12:40 – Scotch
14:05 – Inflation for individuals & government
16:13 – Stocks
18:49 – Bonds
19:22 – Real estate
21:30 – Driving down Palm Beach
23:30 – Charity walk across Ireland
24:30 – Offset the tax burden
25:15 – REIT pros and cons
28:48 – Precious metals
29:50 – Cash and emergency funds
34:00 – Distribution problem
36:00 – How advisors get paid
38:50 – Inflation protection securities
41:20 – Peer to peer loans
42:30 – Annuities and life insurance
50:00 – Brewery success
55:30 – Weight loss
57:15 – Cryptocurrency
59:00 – Sam’s fitness tips
1:00:20 – Rare art, cars, and domain names
1:01:50 – Life insurance
1:11:00 – Johnny’s plan for inflation
1:12:50 – Internet bank
1:14:45 – Christmas in Cuba with no money
1:22:30 – Sam’s Inflation concerns
1:24:35 – Fundrise fixed variables
1:26:40 – Inflation protection options
1:27:50 – Vanguard bond funds
1:29:00 – iTunes shout outs!

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34: New Years Resolutions, Goals, Plans for 2017 Dec 28, 2016

Johnny and Sam recap an incredible year in 2016, having both traveled to 17 countries they share some of the key takeaways from their experiences. They also discuss their favorite books from 2016 and their resolutions and goals for themselves as well as plans podcast for 2017. It's been an amazing year, thanks to everyone for sharing the journey and supporting Invest Like a Boss this last year.

Recommended Books:

MJ DeMarco: The Millionaire Fastlane

Meb Faber: Global Asset Allocation

Yuval Noah Harari - Sapiens: A Brief History of Humankind

G. Edward Griffin: The Creature from Jekyll Island

Dan Buettner: The Blue Zones, Second Edition

Benjamin Graham: The Intelligent Investor

Mike Cernovich: Gorilla Mindset

Grant Cardone: The 10X Rule

Discussed:

KoHub Coworking - Koh Lanta

Johnny's article on Sam's walk around Koh Samui Johnny's Article - 17 Country's Visited, 17 Lesson's Learned Sam's Bucket list (crossed out things that he has finished) Make it Happen List: Before 30

Show Notes:

02:23 - What’s this episode about
03:15 - 17 countries, 17 lessons learned
04:14 - Texas tax residence
06:15 – Vietnam wedding
07:45 – Tahoe and walking across Ireland
12:00 – Skiing in Bulgaria or Poland
15:00 – Central America retreat
18:30 – Driving around Vietnam
20:35 – Siberia by train
21:15 – Recapping 2016 goals
22:00 – Koh Samui walk
24:50 – Inspiring 10x rule
27:25 – Developing a gorilla mindset
29:01 – Arnold Schwarzenegger biography
30:38 – Paleo blueprint
31:25 – Longest living people in the world
33:45 – Stellenbosch South Africa
35:01 – Sapiens the future of Earth
38:10 – The Creature of Jekyll Island
38:48 – Modern Investing Books
41:21 – Master book reading
44:00 – Invest Like a Boss Podcast goals
50:33 – Thank you!
51:19 – Becoming a millionaire & 6-pack abs
54:30 – Paperwork, quiet time and financial goals
57:00 – 3,000 Co-working spaces around the world
1:00:00 – Black diamond skiing

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33: Brett Owens, 3 Recession Proof REITs to Buy Now Dec 21, 2016

Brett Owens is the Chief Investment Strategist of Contrarian Outlook and a regular contributor to Forbes investment column. In the flagship publication the Contrarian Income Report, their focus is secure yields of 6% or better with price upside. As the name implies, they take a contrarian approach to the markets in order to find value (in the form of secure high yield) where headline-focused investors often miss out.

Brett was recently featured on CNBC Asia where they discussed new infrastructure plays and joined us on the podcasts to do a dedicated episode on REITs after we read his article in Forbes 3 Recession Proof REITs to Buy Now.

Brett's Twitter: https://twitter.com/brettowens

Forbes Article – 3 Recession Proof REITs to Buy Now

Where are we:

Sam – Playa Del Carmen, Mexico

Brett – Sacramento, California

REIT Recommendations:

OHI – Omega Healthcare Investors

SBRA – Sabra Health Care

O - Realty Income

PSA – Public Storage

Free Dividend Stock Report: 7 Great Dividend Stocks for a Secure Retirement

Recommended Book:

Tonny Robbins - MONEY Master the Game

Discussed:

ILAB 12 - Real Estate Investing with Fundrise Ceo Ben Miller

ILAB 07 - Building Hong Kongs Biggest Self Storage Business

Show Notes:

04:15 – Californian wine and day trips

06:00 – REIT fundamentals

07:18 – Acquire physical property

11:40 – Recession proof REITS

14:00 – Leverage levels

19:05 – Rising interest

20:30 – Long-term dividend growth

23:31 – When making an investment

26:00 – Getting started

29:01- Reality income

30:35 – Paying monthly dividend

31:45 – Public storage

33:50 – National retail properties

35:35 – Sabra health care

39:31 – Raising interest rate

40:50 – Brett’s personal portfolio

43:00 – Private REIT offering

44:45 – 7 dividend growth stocks

54:22 – IRA & REIT fund changes

57:00 – Capped investing funds

1:01:00 – Buying REITs

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32: Startup Crowdfunding with Indiegogo Co-Founder, Slava Rubin Dec 14, 2016

Slava Rubin is the co-founder and Chief Business Officer of Indiegogo. Along with his position on the Board, Slava is responsible for innovation and growth at Indiegogo. He also represented the crowdfunding industry at the White House during the signing of the JOBS Act and has played a crucial role in working with the White House and the SEC to finalize the rules and regulations for equity crowdfunding.

Slava joins us on the show to discuss Indiegogo’s new collaboration with MicroVentures and release of “equity crowdfunding”. This is huge news to the industry and game-changing events for investors looking to invest in private deals using the Indiegogo platform.

Equity Crowdfunding on Indiegogo

https://equity.indiegogo.com/
https://twitter.com/Indiegogo

Where are we:

Sam – Playa Del Carmen, Mexico
Slava – New York, New York

Discussed:

ILAB 06 - Invest in Yourself to Startup an Award Winning Brewery
ILAB 05 - Planning for Retirement

Show Notes:

06:00 - 4 reasons why people give money
07:37 - Signing the Jobs Act by President Obama
09:20 - Microventures partnership
10:43 - Investor limitations
12:19 - Creating for user base
13:55 - Applying to Indiegogo
15:00 - User participation
16:27 - Paperwork and contracts
16:55 - Tracking companies progress
17:19 - Product offering campaigns
20:00 - Non-accredited and non-US options
23:21 - Investing $300,000 in a startup
25:02 - Yearly Investment cap
27:00 - Crowfall video game
30:00 - ILAB potential startup investment
34:00 - Washington DC women's brewery
35:35 - Play and possible game ball
36:38 - Beatstars social marketplace
41:00 - Simplified Agreement for Future Equity
45:00 - Paperwork, checks and signatures
48:00 - iTunes reviews

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31: The Landlord: How I Acquired 485 Properties in 12 months Dec 07, 2016

This episode is going to make you stand up or sit down, whatever the opposite is of what you are currently doing. “The Landlord” is famous in Real Estate investing circles. He is the real-life story of Rich Dad Poor Dad mixed with a twist of the hard knock life. Growing up in bad neighborhoods and learning to hustle out of necessity to survive at as early as 14, The Landlord became a master of many crafts, especially in Sales.

His ever-persistent attitude led him in a financial quest into different markets and eventually real estate. Learning a unique angle in acquiring properties, he was able to build a private property empire in 12 months. Through his career in real estate, he has amassed an experience, lessons, and stories that are priceless. This episode is tremendously entertaining and has some big value takeaways. This is the ultimate story of hustle.

Where are we:

Budapest, Hungary

Recommended (books, subscriptions):

Robert Kiyosaki - Rich Dad Poor Dad

Show notes:

01:35 – Introduction to The Landlord

02:45 – Collecting rent in urban areas

06:15 – Selecting security detail

07:15 – Early stories of the Landlord

08:00 – With only a 6th grade education

10:00 – Hustling in the streets

13:25 – Starting his first business

15:30 – Doing a deal with overstock.com

16:20 – Doing the sales calls yourself

17:25 – 10,000 hours of cold calling

20:00 – Getting through to the executives

22:00 – Hustling for the small sales, not just the big ones

23:35 – Transitioning into liquidation sales

27:00 – The Landlord’s first property

30:15 – Real estate auctions

38:00 – Gun shots in low-income neighborhoods

41:15 – Cash flows of properties

46:45 – Managing day to day drama

51:10 – Evicting 2,000+ tenants

54:00 – Scaling the company

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30: 10 Modern Investment Performances Reviewed with Johnny FD & Sam Nov 30, 2016

A great recap of some of the key learnings of the podcast to date. We dive into 10 investments Johnny and Sam have made recently through the learnings of the podcast. Vanguard, PeerStreet, WealthFront, ArtofFX, Betterment, LendingClub, Drop Shipping stores, Fundrise, physical property, REITs plus few extras are all reviewed, along with opinions, and likes and dislikes of each investment. With 30 episodes under their belt, the guys aim to rebuild their portfolios for 2017.

Discussed:

ILAB 13 - PeerStreet vs. Lending Club

ILAB 12 - Real Estate Investing with Fundrise CEO Ben Miller

ILAB 03 - Foreign Exchange Trading with Brian from Art of FX

ILAB 15 - Meb Faber on Building The All Seasons Portfolio

ILAB 23 - From $0 to Self Made, How to 300X Your Investment

ILAB 26 - Rob Kall Zero to One : 3 Exits for Over $100m

Show Notes:

02:00 - Peerstreet 3-month earnings

05:30 - Loan to value & interest changes

08:20 - Six figure sushi meetup

12:00 - Yielding 11% with Fundrise

14:00 - Fundrise liquidation process

15:15 - Diversifying income and growth REIT’s

19:00 - Uncredited investor options

21:10 - Netting 5.09% adjusted annual return

22:00 - 309 notes with Lending Club

24:00 - Defaulting on loans

25:30 - E-Trade yield ups and downs

26:45 - Senior housing investments

30:00 - Blackberry and Exxon stocks

35:27 - Making $12,000 in investment returns

37:30 - Avoiding tax on short term capital gains

40:00 - 35% returns with Forex trading

48:30 - Sep IRA & Wealthfront

51:00 - Should you invest in bonds?

53:50 - Betterment vs. Wealthfront fees

56:00 - Starting 10 dropship stores

1:03:00 - Nomad Summit 2017 Ted X style

1:05:00 - Owning real estate in Thailand

1:10:00 - Sam’s fitness routine

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29: Predicting, Trading and Profiting from Trump’s Victory Nov 23, 2016

Christopher O’Donnell is the Founder and Investment Manager of hedge fund Automatic. Automatic generates risk managed superior returns by using automated trading systems and trading special circumstances. Christopher has reviewed over 6,000 automated trading systems and has developed a proprietary selection criteria for choosing profitable trading systems. Christopher correctly predicted Brexit and Trump’s POTUS victory, and profitably traded both special circumstances. On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”. We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4

On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”. We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4^th, 2016.

On this episode you’ll hear from Chris himself on:

- Chris’s trading business and how it's relevant to his predictions

- How he predicted Brexit in the past

- Where he gets is Intel and data

- How long he had been predicting this election?

- At what point did he see a definite Trump victory?

- When and how he positioned his trades

- How did the trades work out- What is the next big event he will be predicting?

- What is the next big event he will be predicting?

For more about Chris: Christopher O’Donnell is the Founder and Investment Manager of hedge fund Automatic. Automatic generates risk managed superior returns by using automated trading systems and trading special circumstances. Christopher has reviewed over 6,000 automated trading systems and has developed a proprietary selection criteria for choosing profitable trading systems. Christopher correctly predicted Brexit and Trump’s POTUS victory, and profitably traded both special circumstances. On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”. We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4th, 2016.

Chris' Links:

Chris’s article “Trump Will Win and How To Profit”

Discussed:

Brexit the Movie: https://www.youtube.com/watch?v=UTMxfAkxfQ0

Show Notes:

03:20 - Starting a British hedge fund

06:00 - Automating coding strategy trading

08:01 - Risk tolerance

10:45 - Predicting Brexit

14:45 - Shy Trump supporters

18:45 - Announcing presidential election

21:01 - Why Chris chose Trump

24:45 - Liberal bias in the mainstream media

28:00 - Making profitable trades

33:00 - NY Times predicts Trumps victory

37:38 - Forex leverage trading USD to Yen

40:30 - Future referendum predictions

46:45 - Real Estate predictions after the election

50:00 - Sailing the Caribbean

51:50 - Wealthfront & VTI investment update

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28: RealtyShares CEO: The Future Landscape of Real Estate Investing Nov 15, 2016

Nav Athwal is the very impressive founder and CEO of RealtyShares, a leading online marketplace for Individual and Institutional Investors to securely invest as little as $5,000 into private real estate investment properties all across the USA. Investments are offered by pre-vetted real estate borrowers and companies looking to raise debt or equity capital for their projects in as little as 10 days.

Nav joins us to discuss why he started RealtyShares and the impressive path of the business from start-up to leader. The real estate investing landscape is changing, giving everyday investors more access to better deals previously only accessible to people in the know. Nav gives us his view on why technology and real estate now make the perfect intersection for investors seeking yield in one of the world’s oldest asset classes, and what the landscape may look like in the future.

Relevant links:

Website: https://www.realtyshares.com/

Linkedin: https://www.linkedin.com/in/navathwal

Twitter: https://twitter.com/RealtyShares

*Be sure to also check out the RealtyShares Podcast

Where are we:

Sam - Punta Cana Dominican Republic
Nav - San Francisco

Discussed:

RealtyShares (realtyshares.com) is the leading online marketplace for investing in private real estate deals. Invest in professionally vetted properties for as little as $5,000 per investment.

You can try it for free with this link: Realtyshares

Show Notes:

00:40 - What is RealtyShares?
01:48 - Pinterest and Airbnb startups prior to Realty Shares
03:10 - The best things to do in San Francisco
05:20 - Launching Realty Shares in 2013
07:10 - Raising capital through the platform
11:45 - Debt, equity and diversified real estate
13:30 - Hot markets for yield opportunity
15:30 - Changing the nature of investing and real estate
18:48 - Two limitations to investing through Reality Shares
20:00 - Debt and equity deals process
23:30 - Relying on Sponsorship to manage deals
25:37 - Expected returns within 3-5 years
26:30 - Making your first investment
28:30 - Hitting our funding goal
29:50 - A debt deal case study
34:00 - The future of Reality Shares
36:45 - Investing $1.5 billion in real estate tech startups
40:38 - Tesla stock and venture opportunities
44:55 - 152 page tax return
47:00 - Sam's debt or equity deal
49:36 - Holding index funds, Trumps reaction
55:21 - RealtyShares signup process

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27: DoughRoller, Robo-Advisors and Tax Loss Harvesting Nov 08, 2016

Rob Berger is the man behind DoughRoller.net. We’ve appreciated his material over the last year and found his research and content on Robo-advisors particularly pertinent to our recent discussions. Jon Stein came on the show back in episode 22 to discuss Betterment, and we wanted to get Rob’s take on the benefits of Robo-advisors like Wealthfront and Betterment.

On this episode, we compare the top 2 leading Robo-advisor platforms and discuss the pros and cons of tax-loss harvesting, the overall value of this automated feature, and which type of accounts it is most effective in.

Relevant links:

Blog - http://www.doughroller.net/
Linkedin - https://www.linkedin.com/in/bergerra
Twitter - https://twitter.com/Doughroller/media

Where are we:

Sam – Florida
Rob – Virginia
Johnn FD - Chiang Mia

Discussed (relevant links):

Free spreadsheet - A tool Rob uses to track his portfolio performance
Investing in gold and Silver - Buying gold and silver bullion a smart move
ILAB 22 -Betterment Ceo Jon Stein a Decade of Pioneering Robo Advisory
ILAB 15 - Meb Faber on Building the All Seasons Portfolio

Show Notes:

06:00 – Robs Portfolio with Betterment, Wealthfront and Vanguard
08:15 – Life strategy fund vs. target date retirement fund
11:05 – Tax loss harvesting long-term benefits
22:48 – Index fund Low cost passive investing
24:21 – Wealth Front vs. Betterment
27:29 – Rob’s personal investment allocation model
28:50 – Is owning gold and silver a productive asset?
32:50 – Investing in one platform consistently
34:17 – Pricing fees with Wealth Front and Betterment
36:00 – Auto saving money since 18 years’ old
40:00 – Vanguard vs. Robo-advisory
42:00 – Presidential election 2017 Trump vs. Clinton

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26: Rob Kall Zero to One - 3 Exits for Over $100m Nov 03, 2016

Rob Käll has achieved the real American Dream. He immigrated from Sweden in his early 20’s wanting to become a Rockstar in Miami. But this dream was short-lived and he quickly pivoted into start-ups as a technical talent. Over the course of 10 years, he went on to apply lessons from a failed start-up he was employed at to building 3 businesses and selling them for a total of close to $100 Million.

In this episode, Rob takes us through his path and how the exits came about. We also learn about his perspective and the difference in being a start-up founder and a senior executive for a public company, and key lessons he learned to apply to his businesses that help them become successful where others failed. Uninterested in retiring, Rob has now founded his next company in his new field he is passionate about – Artificial Intelligence.

Rob’s Links

Linkedin - https://www.linkedin.com/in/robertkall
Twitter - https://twitter.com/robertkall

Where are we:

Sam – Florida
Rob – Barcelona, Space

Recommended:

Losing My Virginity – Richard Branson
How To Get Rich – Felix Dennis
Art of the Start – Guy Kawasaki
The 4 Hour Work Week - Tim Ferriss

Discussed:

http://www.cien.ai/ - Rob’s new Artificial Intelligence start-up
https://www.realpage.com/ - Property management software and rental housing management solutions
https://www.coworker.com/ - Find your perfect coworking space in 100+ countries

Show notes:

04:40 - How Rob and Sam met
04:21 - Start up space in Barcelona
06:06 - Becoming a rockstar in the U.S.
07:13 - Coding for a corporate company
11:55 - Starting a real estate technology company
15:35 - Buying the company and creating an exit
16:33 - Working as an Executive at eNeighborhoods
22:20 - Taking the next step towards a CEO
23:40 - Tracking and owning you KPI
24:40 - Building a partnership with Tripadvisor
33:10 - People, Process and Product
34:40 - Advice for aspiring startup entrepreneurs
35:20 - Hiring quality employees
36:40 - Investing in real-estate and coworker.com
39:40 - Dealing with difficult situation
41:40 - Sales Productivity
43:00 - Working in alignment with core values

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25: Paul Merriman: 12 Investment Decisions Guaranteed to Change Your Financial Future Oct 26, 2016

Paul Merriman is an internationally recognized authority on mutual funds, index investing, asset allocation modelling and buy-and-hold strategies. He has over 50 years of investing and advising experience and we are stoked to be able to tap into his wealth of knowledge. Although Paul is “retired” he is as busy as ever, educating people of all ages on how to take investment decisions into their own hands. On this killer episode, we discuss one of his books “101 Investment Decisions Guaranteed to Change Your Financial Future” and break it down into the 12 top points. On each point, Paul explains the decision in detail and gives us advice on how to apply this practically to our own portfolios. This is a great episode for all levels of investing experience.

Relevant links:

Pauls website - http://paulmerriman.com/

Recommended Books:

Paul Merriman - 101 Investment Decisions

Tony Robbins - Money Master of the Game

Discussed:

Five Steps to More Money, Less Risk and More Peace of Mind - https://youtu.be/P552ZhCxnrE

Time Stamp - Topic:

02:30 - Retirement home in Mexico

09:00 - How Paul started with finance

13:25 - Choosing to save vs. spend

20:26 - Making 16% interest on a CD

23:40 - Long term investing with stocks over bonds

29:40 - One stock vs. many stocks

33:20 - Stockbroker story selling

34:38 - Investing like a multi-millionaire

37:00 - Thoughts on Tony Robbins Money Master of the Game

40:15 - Personal picks or hire an expert

42:27 - Load funds vs. no-load funds

48:40 - Operating mutual funds with high expenses vs. low expenses

54:20 - High taxes, low taxes and no taxes with a Roth IRA / 401k

57:40 - Managing active and passive index funds

59:57 - Total market fund vs. Total market + value and small cap

1:02:30 - Using you select funds or target date funds

1:04:20 - 100% Target date funds vs. target date and adding small cap value

1:08:00 - Do you trust Wall Street, Main Street or University Street academics?

1:13:22 - Are international stocks necessary?

1:15:55 - Financial advisory hiring strategy

1:18:20 - Paul’s future asset allocation model

24: Financial Samurai, Sam Dogen Zero to One Oct 10, 2016

Sam Dogen from Financial Samurai is one of the premier bloggers and names in self-made success. His blog www.FinancialSamurai.com provides actionable advice in living responsibly, making smart financial decision, and steps to accumulating wealth for an early retirement. Sam is a guy who transitioned from corporate America, to going out on his own starting with a blog and parlaying his success into other investments to build several income streams. He reached retirement just a few years after at the age of 34, and now enjoys living on the West Coast, playing tennis, and advising FinTech companies. We were pumped to get him on the show to tell his story, his advice, and how he sees the world now being retired in his 30s.

Relevant links for guest:

Sam’s Twitter

Sam’s Blog

Recommended (books, subscriptions):

Sam Bogen - Financial Samurai: Slicing Through Money's Mysteries

Sam Bogen - How to Engineer Your Layoff eBOOK

Discussed (relevant links):

I'm a strong believer in Stealth Wealth! http://www.financialsamurai.com/the-rise-of-stealth-wealth-guide-to-staying-invisible-from-society-rage/

How Much Can You Really Make Blogging For A Living - http://www.financialsamurai.com/blogging-for-a-living-how-much-can-you-really-make-online/

How To Build A Stronger Brand For Your Blog Or Career - http://www.financialsamurai.com/how-to-build-a-stronger-brand-for-your-business-blog-and-career/

Investment Strategies For Retirement Based On Modern Portfolio Theory - http://www.financialsamurai.com/investment-strategies-for-retirement-based-on-modern-portfolio-theory/

Never Quit, Get Laid - http://www.financialsamurai.com/dont-get-fired-or-quit-get-laid-off-instead/

Time Stamp - Topic:

07:40 - The #1 place for digital nomads

11:20 - How Sam retired by 34

15:50 - Investing $3k in the stock market

22:00 - Making $1,200 on a personal blog

26:00 - Quitting a multiple Six figure income

29:30 - Negotiating a severance

30:50 - Working as a full-time blogger

32:00 - Active / passive investments

35:15 - Does $75,000 a year equal optimal happiness?

38:20 - Changing the asset allocation model

46:00 - Thoughts on Robo-advisory

49:50 - Favorite asset class to build wealth

54:15 - Tracking net wealth and income stream

55:30 - Retired life after financial independence

59:40 - Advice to obtain financial freedom

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!

23: From $0 to Self Made - How to 300X Your Investment Sep 30, 2016

In this episode we do a much anticipated deep dive into co-host Johnny FD’s personal story on how he got started by investing in himself way before he ever bought REITs or ETFs. Most importantly how he made his first dollar even before what he's already shared. He talks about the life lessons he learned from his parents, his first job and how all of that played a part in preparing him for success.

Relevant links for guest:

JohnnyFD.com

http://antonmethod.com/

Where are we:

Sam - Graz Austria

Johnny – Chiang Mai Thailand

Recommended (books, subscriptions):

Johnny FD - LifeChangesQuick.com

Johnny FD - 12WeeksinThailand.com

Tim Ferriss – 4 Hour Work Week

Discussed (relevant links):

Johnny FD: MVP Hacking - Minimum Viable Product (2016 Nomad Summit) -https://www.youtube.com/watch?v=mi926o5rlFA

Digital Entrepreneur Conference - Nomadsummit.com

Muay Thai Blog - Myfightcamp.com

Broke? Here's How to Start Making Money Online!

ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments

ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites

22: Betterment CEO Jon Stein: A Decade of Pioneering Robo Advisory Sep 23, 2016

Jon Stein is the very popular CEO of Betterment, a platform that is pioneering “Robo-Advisory” and a listener favorite. In fact, the term “Robo-Advisory” was one of the reasons we wanted to start the podcast. When we first heard about Betterment, it was clear a new modern era of technology and investment advice was now available. Aside from the platform itself, we wanted to hear about Jon’s story and why he started Betterment. And a very inspiring one it is. Betterment has been in the works for almost a decade. You’ll be intrigued to hear how and where it got started, and what the future holds.

Jon’s - LinkedIn

Betterment account sign up - For every friend who funds, you get 30 days free, and each friend gets 6 months free.

Meb Faber on Building The All Seasons Portfolio - ILAB 15

Money master of the game - Tony Robbins

Time Stamp:

03:00 - Starting Betterment in New York City

05:30 - John’s personal story behind Betterment

11:20 - Launching Techcrunch Disrupt

16:00 - Transitioning away from using financial advisors

18:00 - Staying the course during a decrease in market value

19L50 - Growth and infrastructure over the next few years

22:40 - Active vs. passive - Evidence based

25:00 - Opportunity for international investors

27:00 - Being an emotional or physiological advisor

31:10 - Benefits for active and engaged investors

34:00 - John’s advice to his younger self

34:53 - Sam’s investments in Betterment

38:38 - Two side effects to robo-advisor

44:50 - The downside to Vanguard

49:00 - Removing emotion to prevent a loss

55:00 - Why is Betterment right for you

21: Silver Bullion CEO: Why and How to Buy Precious Metals Sep 14, 2016

Gregor Gregersen is the Founder and CEO of Silver Bullion in Singapore. It’s a state of the art facility that is truly innovating the category through transparency, technology and cost efficiency. If you do nothing else with this episode, checkout the video loop here of the Silver Bullion “Safe House”, you’ll be impressed. Gregor had an interesting experience during the 2008 financial crisis that led him to starting Silver Bullion that is a fascinating story in itself.

On this episode we compare different ways to buy and sell gold, what types of mints and coinages are most common, the comparison of holding physical gold at home or abroad, Singapore as a safe have, and evaluate a few of the systemic risks that face the global today. We also discuss the unique and intriguing P-2-P lending platform that Silver Bullion created where loans are secured by the borrowers precious metals. No matter what your experience in purchasing precious metals has been in the past, there will be something you can take away from this episode.

Relevant links for guest:

Silver Bullion

Recommended:

Currency Wars –James Rickards

Discussed (relevant links):

The Safe House (video)
US Gold Confiscation in the USA

Show notes:

02:00 – Why did Gregor get into precious metals business
05:12 – Gold nationalization in Western Nations
05:50 – A history on the gold standard
08:10 – Systemic risks in the global economy
10:30 – Comparing the different ways to buy and sell precious metals
12:50 – What precious metals does Silver Bullion sell
13:50 – Why the name Silver Bullion
14:30 – When did Gregor buy his first piece of bullion
15:55 – Living through the financial crisis as a trader
16:30 – Starting the storage component of Silver Bullion
19:30 – Creating consumer transparency in Silver Bullion
21:00 – Different mints and coinages
23:45 – Gregor’s favorite mint to purchase
26:34 – A 1000 oz bar!
27:35 – Why Singapore as a safe place to store metals
28:37 – Singaporean politics
35:00 – Trust, confidence, and security in Singapore
35:00 – Caning in Singapore!
39:05 – At what point does it make sense to use Silver Bullion
40:45 – Quarterly audits of the inventory
41:45 – Minimum buys at Silver Bullion
42:30 – A walk through the buying process at Silver Bullion
44:50 – Overview of storage capabilities
48:00 – Fees for storage
51:40 – The liquidity in selling gold held at Silver Bullion
53:15 – P-2-P lending through Silver Bullion (Asset backed)
57:05 – Collateralizing the debt in a conservative way
58:20 – Who can lend money on the P-2-P platform
1:01:25 – Who can open accounts with Silver Bullion?
1:04:30 – Shipping the gold overseas from storage
1:03:00 – Summary of owning precious metals and systemic risks
1:03:45 – Where does Gregor invest his money
1:10:40 – See Silver Bullion for yourself!

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20: Glints Co-Founders: Mastering Early Stage Start-Up Investing Sep 08, 2016

If you have ever wondered how a start-up goes from a concept to raising venture capital, than you’ll love this episode. Glints, one of Singapore’s hottest start-ups is fortunate to be driving down a the dream start-up path: from finding an early investor, to joining an accelerator programme, to raising a seed round of investing, finally to closing a larger Series A financing round…all while growing their team from the 3 founders to now more than 20 people in Singapore and Indonesia. The Glints co-founders join us on the show and share their grand experience on determining valuations, finding investors, structuring the deals, and raising money.

Glints

Glints.com

Discussed (relevant links):

The Hub Coworking Space
JFDI Accelerator
Personality Test

Show notes:

01:20 – Founders story before starting Glints
01:45 – How Glints was started
05:16 – The early vision for Glints
06:30 – Joining an accelerator
08:30 – Taking their first angel investments
12:30 – Deciding on Ivy league school vs. Glints
13:30 – Dropping out of school in the USA to pursue Glints
15:15 – Demo day
16:25 – Coming up with a valuation for seed round
17:20 – What were you looking for in your early investors?
17:25 – Fundraising advice
18:30 – Finding a lead investor
24:00 – Inside the Glints office
26:00 – Expansion into Indonesia
29:00 – Financial growth + Series A
30:00 – Difference in Seed and Series A investment
32:00 – Increasing my investment in the Series A
35:45 – Entrepreneur to investor
37:40 – VCs vs. Angel Investors
40:00 – How to get involved in the start-up scene
41:50 – Using the Series A funds for expansion

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!

19: Simon Black - Finding Outsized Returns Off the Beaten Path Sep 02, 2016

Simon Black is the owner and figurehead of the popular publication Sovereign Man. We have been following Simon’s advice and putting it into practice for years, and had the opportunity to have a conversation with him geared toward investing.

Appropriately labelled “Finding Outsized Returns Off the Beaten Path” this episode focuses on how Simon utilizes his vast world experience (now visited over 120 countries) and enviable network to find investment opportunities around the world. From precious medals & Bitcoin, to agricultural projects and start-ups, Simon is about as well diversified as someone could get and his investment views are shaped through more experience that anyone could hope to obtain in a lifetime… or 2.

Relevant links for guest:

Website – Sovereign Man
YouTube – Sovereign Man HQ
Twitter – The Sovereign Man

Where are we:

Sam – Lviv, Ukraine
Simon – Santiago, Chile

Recommended (books, subscriptions):

Adventure Capitalist – Jim Rogers
Emergency – Neil Strauss

Discussed (relevant links):

August 2016 Income Report – Johnny FD
Peer Street vs. Lending Club – ILAB 13 with Brett Crosby

Time Stamp – Topic:

03:00 – Catch up about Chile
08:25 – Simons annual travel schedule
10:00 – Finding unique opportunities through boots on the ground
12:00 – Jim Rogers’ inspiring travel
14:30 – Simon’s background in Intelligence
15:00 – The importance of personal freedom
17:50 – Simon’s view on owning precious medals
23:05 – Liquidity in physical gold bullion
25:00 – What mint or coinage is the best to acquire?
26:30 – Purchases larger balls vs. smaller coins
28:45 – When do you own too much of something?
29:40 – How to purchase gold around the world
32:15 – Bitcoin vs. precious medals
33:00 – Where to hold Bitcoin
36:15 – Why you may not want to trust your bank
37:15 – Simon’s Sovereign Academy
40:00 – Where does Simon invest his money
41:00 – Why are private businesses great assets to own
44:00 – The power of network and connections
46:00 – The skill of investing
48:25 – Types of businesses Simon likes to invest in
50:30 – Control vs. dependence in business ownership
52:00 – Deal flow and private company management
53:30 – Invest in things you understand
54:45 – How can we invest along side of Simon
56:30 – Do things that make sense no matter what
58:15 – Finding out more about Simon and his investment approach

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!

18: How to grow your IRA/401k to $100m tax free like Mitt Romney Aug 25, 2016

Joshua Sharp of www.CompleteIRA.com is one of the most highly touted experts in retirement planning and investing. He turns the topic of retirement planning into a very exciting episode by illuminating some modern approaches to investing and growing wealth within tax free structures.

We dive into how Mitt Romney was able to generate $100m in tax free earnings in his IRA, and most importantly navigate some real world examples to give the listeners a shrewd example of how they may consider better structuring their own accounts. If you have ever wonder how IRAs, 401Ks, SEPs and a variety of other structures may be utilized to optimize your retirement savings than this is a great episode for you. We took a lot away from this episode and are making changes in our own retirement planning.

Relevant links for guest:

www.completeira.com

For a 15% discount at Complete IRA for Invest Like a Boss listeners go to www.completeira.com/ilab

Where are we:

Sam – Kiev, Ukraine
Joshua – Portland, Oregon

Additional Links:

Turn $50k into $3 Million with SEP-IRAs – ILAB 05

Time Stamp – Topic:

02:45 – Fundamentals of retirement planning
06:00 – Why retirement accounts are not for everyone
07:30 – 401Ks are a safer structure than IRAs
08:25 – IRA vs 401K fundamentals
14:00 – Investing in yourself for retirement
17:55 – Solo 401Ks for earned income savers
20:00 – Diversifying your retirement accounts
25:35 – Utilizing multiple retirement accounts
31:37 – Traditional vs. ROTH
34:20 – Why traditional accounts may be a gamble
39:25 – Converting traditional funds to a ROTH account
43:50 – Keeping structures simple
45:25 – Will the Government mess with our retirements?
52:40 – A self directed IRA gives you a lot of investing flexibility
1:01:15 – How Mitt Romney grew his IRA to $100m
1:06:30 – Ditch your SEP for a Solo 401K
1:14:00 – Is there a minimum age for retirement plans?
1:21:00 – advice for employees with earned income

If you would like to take advantage of a special offer with Josh for Boss members only please visit: https://completeira.com/ilab/

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!

17: Top 12 Investment Tips: Learning from Episodes 1-16 Aug 17, 2016

With 16 amazing episodes under the belt of Invest Like a Boss, Sam and Johnny sit down and discuss the top 12 takeaways and how they have applied this learning to their own investment strategies and overall portfolios.

Some major investment vehicles reviewed in previous episodes include investing in stocks, Peer to Peer Lending, asset allocation models, REIT's, Tony Robbins all seasons portfolio, annuities, and tax free IRA investing. Listen to the end of the episode to hear an update on our current portfolio's and possible future guests on our show.

Where are we:

Odessa, Ukraine

What we are drinking:

Sam – Corona with ¼ lime
Johnny – Beer “Lada brand Bar”

Recommended:

Timothy Ferriss – The 4 Hour Work Week
Robert T. Kiyosaki – Rich Dad Poor Dad
Mebane Faber – The Intelligent Asset Allocator

Discussed:
Reccomend Investment Platforms & Books – Resources Page
Travel Like a Boss – Ep 125 – Budget Traveling and Bulgaria & Ep 126 – Recorded in No Man’s Land
$25 Amazon gift card instructions – Bonus

Show notes:

(01:30) 1. Investing in stocks long term is not risky e. 16

(03:20) 2. P-2-P works much better when there is an underlying asset e. 13

(05:43) 3. Don’t obsess about asset allocation models, but be disciplined in sticking to it e.15

(08:56) 4. REIT investing is awesome, and low cost models like Fundrise may be the future e.12

(11:07) 5. Investing in yourself is the surest way to make exponential returns e.1, e.2, e.6, e. 7

(14:10) 6. Using leverage can get you rich, and also in a lot of trouble. e.4, e.7, e. 14

(16:50) 7. Tony Robbins All Seasons – good, but not perfect e.15

(19:27) 8. Annuities can help you sleep at night, AND the grow tax deferred e.4

(22:00) 9. Low cost funds/implementation are more important the optimizing asset allocation e.15, e.16

(25:08) 10. Do not re-balance your portfolio around what is currently working e.15

(27:58) 11. Invest Tax Free for retirement with a Roth IRA e.5

(31:54) 12. The internet holds many untapped investment gems for us to stay close to e. 10

(34:50) – Sam’s recent investment activity in REIT’s, Peer Street and Vanguard

(36:14) – Johnny’s recent small cap stock, Lending Club and Forex investment

(42:20) – Future guest to be on the show

(42:55) – iTunes review thank you shout outs

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!

16: William Bernstein: Lump Sum Investing vs. Dollar Cost Average Aug 10, 2016

William Bernstein is a financial theorist, neurologist and Best Selling author of several books, including one of our favorites, The Intelligent Asset Allocator. He shows independent investors how to build a diversified portfolio without the help of a financial advisor.

In this episode we talk the possible risk tolerance of an all stock portfolio and what age you should be when investing. We discuss major advantages and disadvantages of lump sum investing over a dollar cost average approach especially over a 12-month period. Lastly the importance of knowing financial history to choose the best time to buy stocks and how it correlates with GDP. Listen to the end to hear Williams advice he would like to give to his younger self and other inspiring investors.

Relevant links for guest:

Williams Website – http://www.efficientfrontier.com/

Where are we:

Sam – Bangkok
Bill – Portland, Oregon

Recommended Books:

William Bernstein – The Intelligent Asset Allocator
William Bernstein – The Four Pillars of Investing: Lessons for Building a Winning Portfolio
William Bernstein – A Splendid Exchange: How Trade Shaped the World
William Bernstein – The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between

Discussed (relevant links):

Modern Portfolio Theory – http://www.efficientfrontier.com/ef/996/basics.htm
Efficient Market Hypothesis – http://www.efficientfrontier.com/ef/700/studio54.htm
The Bernstein Portfolio model – http://www.efficientfrontier.com/ef/996/cowards.htm
Do not dollar cost average for more than 12-months – http://www.efficientfrontier.com/ef/997/dca.htm

Time Stamp – Topic:

06:00 – How Bill got into finance
06:45 – A quantitative approach to finance
07:15 – The Intelligent Asset Allocator
08:15 – Modern portfolio theory
10:35 – The Bernstein asset allocation model
11:50 – Dialling up the stock exposure
12:15 – Stocks vs. bonds
13:00 – Risk tolerance
15:00 – Why stocks can be toxic in retirement
16:00 – Buying the basic asset allocation of funds
17:20 – The importance of sticking with an allocation
20:40 – Rebalancing your portfolio
22.15 – Simple vs. highly diversified portfolios
23:00 – Lump Sum investing vs. Dollar Cost Averaging
27:30 – The psychological part of investing
28:32 – Do not dollar cost average for more than 12 months
30:50 – What DCA buys you insurance against
32:00 – The importance of financial history
33:55 – GDP is not always correlated with stock returns
36:00 – What does Bill wish he knew 40 years ago
37:20 – Bill’s advice to young people

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!

15: Meb Faber on Building The All Seasons Portfolio Aug 02, 2016

Meb Faber is one of our hero’s in Finance. A high energy straight shooter that is highly explorative and analytical. He gave up his skis to catch the surf in Manhattan Beach while co-founding his company Cambria Investments Management. Many of our listeners already follow Meb through his blog, podcasts and many books, and had to chance to catch up with him about modelling an “All Seasons Portfolio”.

Originally introduced by BridgeWater’s Ray Dalio, the investment allocation was once again hyped up in its reintroduction of Tony Robbins new book Money Master the Game. Meb has researched and compared dozens of the most coveted asset allocation models dating back to the early 1900’s and we wanted to see how the All Seasons Portfolio stacked up against others like the Perfect Portfolio, and the 60/40. This episode is perfect for anyone looking to learn how to model a buy and hold portfolio and learn more about how today’s economic environment may give clues to future investment performance.

Links for Meb:

http://mebfaber.com/
Cambria Investments
Twitter

Where are we:

Sam – Singapore
Meb – Manhattan Beach

Recommended:

Money Master The Game – Tony Robbins
The Ivy Portfolio – Meb Faber
Global Value – Meb Faber
ShareholderYield – Meb Faber
The Intelligent Asset Allocator – William Bernstein
Triumph for the optimists – Elroy Dimson, Paul Marsh, Mike Staunton
Demographic Cliff – Harry Dent

Discussed:

The Idea Farm
The All Seasons Portfolio – Ray Dalio
David Swenson
Risky Party 160% model – Global Market Portfolio
The Capitalism Distribution (Longboard)
Vanguard
Betterment

Some awesome links to Meb’s content:

Tony Robbins All Season Portfolio
Risk Parity Model (*watch the first video)
Asset Allocation Strategies (*our favorite article)
Global Asset Allocation (*get Meb’s book free)
Meb’s Podcast

Timp Stamp – Topic:
09:20 – How Meb got into finance
10:15 – Starting up Cambria
11:00 – 1500 blogs in 5 years
14:00 – Traditional investment advice vs. modern
14:45 – Modelling a portfolio for the future
16:40 – Having an appreciation for history
17:45 – The world’s investment Gurus
19:10 – Comparing 6 great portfolio models
20:45 – Why low cost fees make a huge difference
21:45 – Why buy and hold allocations don’t matter as much
22:50 – Japan’s market was flat for 2 decades
26:22 – Foreign markets are reasonable or really cheap
28:27 – What does risk parity mean?
31:30 – The simple takeaway of risk parity
32:00 – Negative interest rates
32:30 – Will bond rates continue to rise?
33:45 – Why high yield stocks are now dangerous
42:00 – Where REITs stand at the moment
35:00 – How models performed in the inflationary 70’s
36:20 – Reviewing the ALL Seasons Portfolio
37:14 – “Go enjoy your Summer”
38:25 – Being asset class agnostic
39:00 – Home country bias
40:00 – Dollar weighted vs. time weighted returns
41:33 – Advisor value, talking you out of emotional moves
42:25 – Investment timelines
43:40 – Dliving through a bear market
44:45 – Designing a model for the future (Global Market)
45:50 – The Trinity Portfolio
48:40 – What is exciting about Emerging Markets
48:00 – Small Cap growth prospective
50:00 – The capitalism distribution
51:50 – Meb’s opinion on Robo Advisors
53:50 – Robo-Advisors in bear markets
54:45 – Why it’s a great time to be an investor
55:25 – Personal finance vs. investing
56:45 – How about TIPS?
58:55 – WWIII investment planning
60:00 – Final thoughts portfolios for the futures

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!

14: Real Estate Investing Advice: 1-5 Properties Jul 28, 2016

A deep dive into real estate investing with the host of the Australian Property Podcast, Jonathon Preston. At age 29, JP has already acquired 5 properties in Australia’s hot Real Estate market and is mastering the art of financial leveraging to continue to grow his portfolio. He started with a single 15% down payment on a single property and in only 4 years has been able to use that to scale and generate more and more cash flow.

We dissect his strategy in actionable steps for anyone to take and explore fundamentals of real estate investments including yields, applying for loans, property rights, cash flows, and market intelligence. JP’s story follows the steps outline in one of our favourite books Rich Dad, Poor Dad and is proof that with good execution you can start in real estate from just about nothing and grow your wealth fast.

Relevant links for guest:

JP on LinkedIn
The Australian Property Podcast

Where are we:

JP – Sydney
Sam – Singapore

Recommended:

Robert Kiyosaki – Rich Dad, Poor Dad
Steve McKnight – From 0 to Financial Freedom: How To Do It Today!
Steve McKnight – From 0 to 130 Properties in 3.5 Years
Steve McKnight – From 0 to Financial Freedom: How To Do It Today
Steve Mcknight – From 0 to 260+ Properties in 7 Years
Steve Mcknight – $1,000 in Property in One Year

Time Stamp – Topic:

02:45 – How JP got started in property investing
05:20 – Purchasing his first property
06:10 – Leveraging other equity to get a loan
08:00 – Australia property market strength
09:00 – How loan assessments work
12:00 – Qualifying people for loans
13:00 – How JP acquired properties 2, 3, and 4
16:30 – On-going management of the properties
20:00 – Refinancing to make raise more money
21:30 – How JP learned what he knows
23:45 – What happens in a AUS recession?
25:45 – Property acquisition goals
29:00 – What JP looks for in a new property
32:00 – Emerging markets in Asia
33:00 – Rich dad, poor dad
33:45 – Sam’s property investments in Thailand
40:05 – Guarantee 7% return investment properties
41:35 – Property rights AUS vs. Thailand
45:00 – Ownership of Thai properties
50:25 – Carrying costs of properties
53:45 – Our next moves in property investing
57:15 – REIT investing as an alternative
1:01:00 – JPs investment property investing advice
– Play in a market close to home
– Buy something you are familiar with
– Look for scarcity
– Look for an area where incomes have the potential to increase

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!

13: PeerStreet vs. Lending Club Jul 19, 2016

Interview with PeerStreet's co founder and COO, Brett Crosby which is the Peer-2-Peer lending platform that secures the loans against the borrower’s real estate. PeerStreet is unique in that to date they have never experienced a default, and have loan terms of under 12 months compared to other platforms that have minimums of 3 years. Brett and his Co-Founder Brew Johnson have the perfect background of experience between law, tech, and real-estate. In fact, Brett was the brains behind Google Urchin, which was acquired and became Google Analytics.

In this episode we discuss how the P-2-P lending space is changing, and how technology can enable more efficient deal flow and better lender-borrower matching. Enabled by sophisticated technology, PeerStreet uses Big Data to cross reference over 20 years of submarket data in order to vet and stress test each loan. We also do a deep dive into our 16 loan positions we currently have invested through the platform and what we can expect as an investor. The episode represents a great learning opportunity on the types of modern investing opportunities that we are passionately looking to discover and share.

*since we recorded the podcast, PeerStreet did have to finally file a notice of default on a loan, but still has zero losses to date.

Relevant links for guest:

Twitter
LinkedIn
About the PeerStreet team

Where are we:

Brett – Manhattan Beach, California
Sam – Singapore

Discussed (relevant links):

PeerSteet Explainer Video
PeerStreet website
AlphaFlow

Time Stamp – Topic:

02:45 – Initial investment into Lending Club
08:00 – Pausing automated investing in Lending Club
12:30 – Available investment PeerStreet dashboard
17:00 – Sam’s PeerStreet investment strategy
22:30 – What PeerStreet is
23:45 – About the turmoil in the lending P-2-P lending industry
24:30 – Why PeerStreet is a better asset class than Lending Club
27:20 – PeerStreet advantages over other platforms
28:40 – First lien definition
31:45 – What happens in the case of a default
34:30 – What attracted Sam to PeerStreet
35:15 – Brett’s background at Google
36:15 – Technology enabled advantage
36:30 – How PeerStreet was co-founded
37:15 – What is under the hood of PeerStreet?
39:15 – Vetting loans through technology
40:00 – Using Big Data to stress test loans
41:45 – Peer-2-Peer lending bubbles?
42:00 – Loan to Value ratios
43:00 – Valuing the properties through 3^rd parties
44:00 – What markets are hot on PeerStreet?
45:45 – Details on Sam’s account on PeerStreet
48:00 – The beauty of robo-investing
49:30 – How and when yields are paid out
51:10 – Loans through the platform
52:30 – Strategy to utilize on PeerStreet
54:00 – Brett’s recommendation for getting started
59:20 – Ways to find out more about PeerStreet
59:59 – Get in contact with PeerStreet support

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!

12: Real Estate Investing with Fundrise CEO Ben Miller Jul 15, 2016

Ben Miller is the Co-founder and CEO of one of the hottest new investment products available today – Fundrise. Their platform gives unaccredited investors the opportunity to invest directly in big property deals with as little as $1,000. By being a low cost model and required to pay out 90% of income, their eREIT provides high yielding returns to investors on a quarterly basis.

Ben comes on the show to discuss his 17 years of real estate and tech experience and how the combination of that skills has lead to the creation of Fundrise. This episode goes into extensive detail around all forms of real estate investing and will appeal to anyone who is interested on the broader category.

**disclosure, Sam is currently invested in their Growth eREIT

Relevant links for guest:

Ben’s Twitter – http://twitter.com/BenMillerise

Where are we:

Ben Miller: Washington DC.
Sam: Singapore

Discussed (relevant links):

Vanguard REIT – Senior Property Housing Trust
MAPLE TREE INDUSTRIAL Trust
iShares REIT
JOBS ACT

Time Stamp – Topic:

05:45 – What Fundrise is
06:30 – What is a eREIT?
07:50 – Difference in income REIT and growth REIT
09:00 – Ben’s 17 years of experience in Real Estate
12:30 – Getting great mortgage rates
13:10 – Surviving downturns in property and stock markets
14:30 – The appeal of REITs as a cash flow investment
15:15 – Fundrise vs a public REIT
17:00 – How many properties will the REITs invest in
19:30 – Investment windows for Fundrise
22:30 – FAT built into public REITs
23:00 – Finding high yielding REITs
23:45 – Find properties to add to the eREITs
26:00 – Fundrise vs. big institutions
26:00 – Managing property operators
26:30 – What markets do you find hot?
27:30 – Why being small gives you an advantage
30:00 – REITs paying out 90% of income
32:30 – Investing for non accredited investors
32:45 – The JOBS Act relevance to Fundrise
35:45 – Minimum investments and average investor
38:00 – Can non US citizens invest through Fundrise
40:00 – When do REITs cap out?
42:30 – Appreciate / depreciation potential
44:15 – Valuing the REITs each quarter by a 3rd party
48:20 – What is an ideal length of time to invest in a REIT?
50:30 – Listener questions
53:30 – Owning Fundrise vs. buying an investment property
57:45 – What happens if Fundrise gets nuked
58:05 – Find out more about Fundrise

Invest in Fundrise with as little as $1,000 with this invest

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!

11: Advice for 17-24 Year Olds on Money, College, Credit and Finances Jul 12, 2016

In this episode we provide key solutions from leveraging debt and how to use credit, owning stock, real estate, the purpose of college, the benefit of traveling and most importantly why you should start your very own business. We also discuss the importance of experience and how using an internship and mentor can allow you to learn and network properly to more effectively invest and launch a successful business for yourself today.

Relevant links for guest:

Boss Lounge
Contact Us

Where are we:

Johnny FD – Berlin Germany
Sam -Singapore

Recommended (books, subscriptions):

Brian Jimmerman For Ex Trading – ILAB 03
Kevin shee REITS – ILAB 07
Robert Kiyosaki – Rich Dad Poor Dad & Cashflow Quadrant
MJ DeMarco – Millionaire Fast Lane
George S. Clason – Richest Man in Babylon
Tony Robbins – Master Money the Game

Discussed (relevant links):

$25 Amazon Gift Card Contest

Time Stamp – Topic:

01:00 – Learning financial mistakes from our parents
05:55 – Opening a bank secure credit card at 17
10:30 – Leveraging debt and credit usage
15:18 – Introduction to money and income
17:45 – Tips on investing in real estate
21:50 – Learning expense reports and P&L management
26:00 – Tony Robbins Master the Game review
29:10 – Biggest first investment mistakes
31:50 – Owning Disney stock
36:00 – How we would reinvest $10k at 17 years old
38:00 – Investing in yourself is the greatest investment
43:00 – The value of college internships & mentors
53:00 – Getting arrested 4 times in college
57:50 – Why should you start your business today
1:03:00 – Traveling the world with a purpose
1:06:00 – Earn an income while living your passion

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!

10: Empire Flipper’s CEO: Investing in profitable, cash flow websites Jul 08, 2016

Joe Magnotti is the founder and CEO of Empire Flippers. Since they launching a few years ago they have successfully sold several thousand websites over their p-2-p market place. Empire Flippers only sells profitable, cash flowing websites that are typically in the range of $5,000 to $1,000,0000. Joe discusses with us how they set valuations in the marketplace, trending niche categories such as Amazon FBA, and why 40% of the marketplace buyers are repeat customers.

We also take a deep dive into 3 sites currently listed including specifics on revenue, maintenance, and future growth prospects. This episode gives us a unique look into modern investing and is particularly appealing for anyone who is interested in internet commerce.

Relevant links for guest:

Empire Flippers

Website – https://empireflippers.com/
Twitter – https://twitter.com/EmpireFlippers
Facebook: https://www.facebook.com/EmpireFlippers/

Joe Magnotti

Facebook: https://www.facebook.com/magnotti
Linkedin: https://www.linkedin.com/in/josephmagnotti

Where are we:

Sam – Singapore
Joe – Manila, Philippines

What we are drinking:

Sam – water (nursing hangover from night before)
Joe – San Miguel Light

Recommended (books, subscriptions):

Empire flippers Podcast
MONEY Master the Game

Discussed (relevant links):

AdSense site, Finance niche (investing) been around almost 8 years, making $1,230 a month net – $44,288
Amazon Associates site, sport niche (golf), been around 2 and ½ years making almost $3,200 a month net –$79,790
Service based site delivering a small gift, been around 5 and ½ years making almost $8,200 a month – $237,196
Jon Haver’s site
Website buyer type profiles (which one are you?)
Empire Flippers Valuation Tool
Accredited investor definition
Webfolio Management – Invest in internet business fund
ILAB 02 – Dropshipping
TLAB 115 – Selling my store for $60k
Boss Lounge – Facebook

Show notes:

04:00 – Difference between Dropshipping and Amazon FBA
11:00 – How to find a buyer through a website broker
12:45 – Can you auto pilot your online business
13:30 – Selling my dropshipping business for $60k
24:11 – Intro starts
24:45 – What is Empire Flippers
26:30 – Number of sites sold through Empire Flippers
27:50 – Price range of sites on market place
28:45 – Determining profitability of website cash flows
29:45 – Vetting process
31:00 – Determining multiple and valuation
34:40 – Trending sites right now
36:45 – SaaS valuations
38:20 – Redundancies of sites revenues
41:15 – Seeing thousands of profitable websites
42:00 – Types of buyers in marketplace
44:30 – Getting into Amazon FBA
48:50 – Buying first building a business
49:20 – Determining profitability of the website
50:30 – Repeat buyers
51:50 – Reviewing 3 sites currently for sale
53:00 – Buyer due diligence
54:45 – Setting up process to support the business
54:45 – Starting their internet investment fund
56:30 – Vetting accredited investors
57:00 – Future expansion of the fund
59:30 – The future of Internet commerce

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!

09: Sam and Johnny's Investment Updates July 2016 Jul 05, 2016

Sam and Johnny Share their July 2016 portfolio including Wealthfront, Lending Club, Betterment, PeerStreet, REIT's, Foreign Exchange, stocks and index funds. As Johnny travels through Europe he talks about why he cancelled his auto investment with Wealthfront, direct Vanguard deposits and wiring $10k to Brian at the Art of ForEx. Sam reviews his back up plan if Lending Club goes bankrupt and why his Wealthfront account is crushing over his Vanguard and Etrade accounts.

We also talk recap some highlights of the past 8 episodes and what to expect going forward. Lastly we discuss the incredible value having access to multi- million dollar investors in the Boss Lounge. We would also like to thank everyone thus far for participating in the ratings and the review section of iTunes and also listening and joining us on our investment journey.

Relevant links for guest:

Boss Lounge
Contact Us

Where are we:

Sam – 6:00pm – Singapore, Singapore
Johnny – 10:30 am – Lisbon, Portugal

What we are drinking:

Sam – Water (detox)
Johny – Café Americano (Expresso with sugar on the side)

Recommended (books, subscriptions):

Tony Robbins – Master Money the Game
Johnny FD – Life Changes Quick

Discussed (relevant links):

$25 Amazon Gift Card Entry
MapleTree REITs
Public Storage
Extra Space
PeerStreet
Lending Club
Vanguard
Betterment
Wealthfront
Empire Flippers
Glints
SmartMat
SC Storage

Time Stamp – Topic

02:00 – Adjusting to the Millionaire Lifestyle in Singapore
03:00 – Beautiful Lisbon at an affordable price
06:30 – Expenses vs. Income while traveling
08:10 – Cancelling $1.5K auto investment with Wealthfront
08:55 – Saving money with betterment fees
12:00 – Investing with Vanguard directly
13:00 – High risk rating with stocks and index funds
16:45 – Time weighted returns / Money rated return
18:00 – Access to multi- million dollar investors in the Boss Lounge
20:00 – Pausing the dividend reinvestment with Lending Club
23:00 – Wire transferred $10k to Brian at ForEx trading
26:30 – Emailing screenshots of our investment dashboards
27:00 – Creating buy orders through Vanguard
31:00 – Sam’s Wealthfront is crushing Vanguard and Etrade accounts
34:42 – $17K year to date in Vanguard account via dividends
35:30 – What if Lending Club goes bankrupt?
39:00 – Fix income with public property REITS through Mapletree
42:00 – Reinvesting in Glints start-up
43:00 – Full recap on the previous 8 episodes
48:45 – Expecting great guests on future episodes
51:00 – Reading reviews and ratings from iTunes
53:40 – Giving away a $25 Amazon gift card

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08: Peer to Peer Lending Strategies & Structuring Atypical Investments Jun 27, 2016

Mario has been Sam's personal CPA since 2013 and has him structured dozens of atypical investments. Having filed thousands of tax returns in his careers and created and reviewed countless financial models, Mario has unique insight to the investing world. Sam and Mario discuss P-2-P investment strategies, gambles in property investing, the importance of cash flow historically and in modern times, and structuring new investments in the portfolio.

Relevant links for guest:

Mario’s firm – http://greenhausriordan.com/

Linkedin – https://www.linkedin.com/in/mario-v-lucibello-cpa-38258415

Where are we:

Mario – Connecticut, USA
Sam – Singapore

What we are drinking:

Sam: Penfold’s Magill Estate Shiraz 2013 (9pm ICT)
Mario: WL Welling Bourbon (9am EST)

Recommended (books, subscriptions):

Book: Demographic Cliff by Harry Dent

Discussed (relevant links):

PeerStreet
Lending Club
Vanguard
Betterment
Wealthfront
Empire Flippers
Glints
SmartMat
SC Storage
MapleTree

Time Stamp – Topic

05:30 – Setting up investments structure
06:30 – Automated reporting vs. manual reporting investments
09:00 – Tracking investments over multiple years
12:00 – PeerStreet – investment opportunity
12:30 – Lending Club & P-2-P lending strategies
15:55 – New PeerStreet investment & discussion
20:20 – Liquidity in P-2-P lending
22:50 – Loan-To-Value ratios
26:50 – Personally guaranteeing loans
30:30 – Mario’s investment insight from being a CPA
32:50 – Making money (or losing) in real estate gambles
34:00 – The importance of fixed income in property investing
39:00 – Investing in the S&P 500
42:00 – Demographics in investing
46:00 – Empire flippers – digital product investment fund
54:00 – Mario’s upcoming property investment
57:00 – Investing in property vs. REITs
58:00 – Why Mario is bullish on residential rental investments
1:03 – Sam’s new investment activity recap
– Glints
– Black Hops Brewing
– SmartMat
– SC Storage
– MapleTree Reit’s
1:17:00 – Don’t forget your reporting!

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07: Building Hong Kong's Biggest Self Storage Business Jun 22, 2016

Kevin Shee went from jobless to building one of Asia's largest private self storages business's in 15 years. SC Storage now is the largest Self Storage company in Hong Kong and expanding rapidly into new markets. Kevin & Sam discuss the financial wizardry behind the business model, the joint venture they co-own in Hong Kong, and investing in US and Asia storage REITs for great yields and recession proof earnings.

Relevant links for guest:

Kevin on Facebook
Kevin on LinkedIn
Kevin’s business SC Storage

Where are we:

Kevin – Hong Kong
Sam – Singapore
Johnny – Lisbon

What we are drinking:

Sam – Hibiki Harmony Master Selection

Recommended (books, subscriptions):

Book: The Richest Man in Babylon

Discussed (relevant links):

MapleTree REITs
Public Storage
Extra Space

Time Stamp – Topic:

10:22 – How Kevin become the Father of Self Storage?
12:45 – Spotting the opportunity in self storage
14:45 – SC Storage market share in Hong Kong
16:10 – Is Self Storage recession proof?
17:10 – Playing the property market in Hong Kong
17:55 – Typical size of an SC Storage location
18:10 – My investment with SC Storage
20:00 – Leveraging debt to maximize return on capital
21:25 – Getting loans from banks
24:20 – Competition leeching on corporate strategy
26:15 – SC Storage in acquisitions
26:55 – SC storage expansion into new markets
28:20 – The growth in storage internationally
28:55 – Breakeven point in operating a storage premise
29:30 – The network effect of more locations
30:15 – Potential exit strategy considerations
31:00 – Micro-markets, the next opportunity
33:15 – Investments in REITs
35:15 – REITs in a recession
37:30 – REIT markets USA vs. SG
41:00 – How to invest in Storage REITs
44:20 – Big Data in storage businesses
46:00 – Sam’s investments in REITs
47:50 – Kevin’s investment strategy
49:10 – Investing with reputable people
51:30 – How Kevin gets deals under market value
53:00 – Find out more details on Kevin and SC Storage

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06: Invest in Yourself to Startup an Award Winning Brewery Jun 21, 2016

Dan Norris, co founder of WP Curve, talks about how he and his team raised enough capital in order to sell his award winning craft beers in just two years. With the helping hand of finance from the first ever crowd-funded brewery campaign via Pozible, together with the backing of a small handful of astute investors, and one very supportive landlord they were able to launch June 18th, 2016.

Dan’s Word Press business – http://wpcurve.com/

Dan’s website – http://dannorris.me/

LinkedIn – https://www.linkedin.com/in/thedannorris

Twitter – https://twitter.com/thedannorris

Facebook – https://www.facebook.com/dannorrisinformly

Where are we:

Dan – Gold Coast, Australia

Sam – Singapore

Johnny – Lisbon, Portugal

What we are drinking: 9am – Starbuck’s lattes

Recommended:

7 Day Startup

Discussed (relevant links):

Dynamite Circle

Black Hops Brewing

The Black Hops Podcast

Glints

Ballast Point Brewery

Time Stamp – Topic

07:20 – Background as an entrepreneur
17:12 – Other investments Dan has done
18:00 – Thoughts on angel investing
18:50 – Why Dan likes being an entrepreneur
19:50 – Adding value to private investments
24:00 – Passive vs active investing choices
25:30 – Black Hops Founding
27:30 – Early branding and home brewing
28:85 – $0 investment to get started using friends equipment
30:00 – Beer selection and awards
32:15 – Contract brewing
33:30 – Decision to raise money
36:20 – Time and effort in fundraising
38:00 – My attraction to Black Hops
39:00 – Craft beer industry
43:30 – Coming up with a valuation
48:00 – How to determine value of startups
54:00 – What Dan would do different with raising capital
58:11 – How the paperwork and structuring was facilitated
59:00 – Getting a hold of Dan

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05: Turn $50k into $3 Million with SEP-IRAs Jun 13, 2016

David Steiner reaches out to Johnny FD about his recent $60k windfall after selling his dropshipping store last month. David as over 22 years of experience in a wide variety of business and information technology environments including over 17 years of SAP, 15 years of SAP Business Warehouse and 3 years of BusinessObjects. In this episode we talk about how to safety plan a retirement portfolio over a 15-20 year period to produce maximum profit.

Contact David – LinkedIn

Roth IRA Potential Return – IRS Government

Gift Tax Issues – IRS Government

SEP Plan FAQ’s – IRS Government

Vanguard Predictions – Spreadsheet

Time Stamp Topic

(00:03:30) Obama’s “MY IRA” Plan
(00:06:00) Paying Taxes on a $60k Paycheck
(00:11:40) David’s Qualifications and Expertise
(00:14:35) Moore’s Law with Small Companies
(00:16:45) Sector Funds with Vanguard
(00:18:00) S&P 500 and Total Stock Market Index
(00:21:00) Small Company Index Mutual Funds over 30 Years
(00:24:30) Equity and Keeping Expenses Low
(00:25:30) When the Market Drops over 5%
(00:27:45) Big Risks in Energy Market Funds
(00:29:10) Fifteen Year Retirement Plan
(00:30:00) College Financing Options
(00:31:52) Obama Care – Healthcare Savings
(00:37:50) Up to $54K in a Tax Deferred Investment
(00:42:00) Roth and Traditional IRA’s Options
(00:47:00) SEP Withdrawal Fee’s
(00:51:00) Turn $50k into $3 Million
(00:58:00) Certified Financial Planners for Professional Advice
(00:59:00) Real-estate and Sector Funds with Vanguard

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04: Stan's Brutally Honest Factual Expertise About Annuities Jun 13, 2016

Stan The Annuity Man, a.k.a. Stan Haithcock, is a nationally recognized expert on annuities known for his transparency, honesty, and endless research. He started out trading millions at the World Trade Center and now 100% of his portfolio is invested in his unique approach to annuities.

In this episode we talk about the low risk options for long term investors that want to know their income stream 20 years from now. We also talk about fixed interest, stock market risks and what you should know before investing your money with other agent companies.

Stan’s Website – Stan The Annuity Man

Stan’s Contact info – http://www.stantheannuityman.com/about-stan-the-annuity-man/contact-us/

Time Stamp	Topic
(00:01:00)	Worked at World Trade Center
(00:02:00)	#1 Annuity Agent in the U.S.
(00:02:19)	Contractual Guarantee’s
(00:03:40)	Roman History
(00:04:08)	P.I.L.L Categories
(00:05:50)	Life Insurance
(00:09:23)	Fixed Index
(00:13:43)	Interest Rates
(00:17:45)	Downside Risk Protection
(00:22:00)	Texas Creditor Protection
(00:24:00)	Lifetime Income Stream
(00:25:00)	FDIC Insurance Limit
(00:27:58)	Flash Boys Michael Lewis
(00:32:00)	Park your Money
(00:34:00)	Annuity Risks
(00:37:20)	Department of Labor : Fiduciary
(00:38:00)	IRS: 1035 Transfer
(00:39:00)	Fixed Interest
(00:40:50)	Social Security / Pension
(00:42:40)	Stock Market

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03: Foreign Exchange Trading with Brian from Art of FX Jun 13, 2016

Brian Jimerson, founder of Art of FX learned how to trade foreign exchange currency while homeless and living in his car. It was there while stealing Wi-Fi from Panera Bread he made his first million dollars with FX trading.

In this episode we talk about how ForEx can for everyone, how Sam Marks got 30% returns last year when all of his other returns were flat, and how using leverage will maximum your return on investment. We also talk about the actual time and hard work it requires to make up to 200 trades per day and overcome a loss of $1 Million dollars.

Where are we:

Bangkok, Thailand (Brian’s Penthouse)

What we are drinking:

Johnny Walker Platinum Label

Relevant links for guest:

Brains Website: Art of FX
Live Trade – Trading View
Wealthfront

Time Stamp	Topic
(00:01:18)	What is ForEx Trading
(00:01:50)	Buy Euro’s with U.S Dollar
(00:04:00)	Foreign Currency Exchange
(00:05:00)	Tesla Stock
(00:06:01)	Commission Sales
(00:07:20)	Using Leverage
(00:09:55)	Seven TV Screens
(00:10:43)	Meeting in Bangkok
(00:12:35)	Art of FX Intro
(00:13:40)	Homeless
(00:14:01)	Making First Million Dollars
(00:15:00)	Johnnie Walker Platinum
(00:16:05)	VP of Onnit Labs
(00:18:00)	Oklahoma National Championship
(00:18:35)	Living in Bangkok
(00:23:45)	High Risk High Reward
(00:22:25)	Losing $1M in 10 Seconds
(00:28:00)	Learning Investments
(00:31:07)	Leveraging Accounts
(00:33:50)	Money Management
(00:36:00)	Biggest Trade Ever
(00:36:12)	200 Trades Per Day
(00:37:50)	The Dream Client
(00:39:47)	Technical Analysis
(00:40:34)	Traders Vs. Investors
(00:42:10)	Sleeping an Hour a Night
(00:43:30)	If I die
(00:44:50)	Tesla Stock
(00:46:00)	Know when to Fold
(00:47:30)	Wolf of Wall Street
(00:49:20)	Overcoming a Loss
(00:51:20)	ForEx Trading 101
(00:56:35)	Gambling with $10k
(01:01:50)	Wealthfront Auto Investment
(01:04:05)	Profit Shares
(01:05:45)	Minimize Risk
(01:08:00)	Becoming a Trader
(01:10:15)	Personal Investment %
(01:11:11)	Oil Industry
(01:13:55)	Live Trading

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02: From $1k to Future Millionaire: Johnny FD's Investments Jun 13, 2016

Just three years ago Johnny FD had less than $1,000 in his bank account. Today his net worth is over $300,000. In this episode, he breaks down exactly how he grew wealth and shares his private investment portfolio.

Johnny’s First Book – Life Changes Quick
Charles Schwab ATM Card – How to not get F*cked by your Bank when Traveling
Facebook Stock – How I made a ton of Money with FB
How I Invest my money Blog – Six Steps
Wealthfront
Tony Robbin – Money Master of the Game

Time Stamps:

10:33 - Tesla Stock

11:28 - Lending Club

20:25 - Vanguard

25:45 - S&P-500

30:07 - Cash Reserve

31:46 - All Seasons Portfolio

35:00 - Buy Orders

41:35 - Wealthfront

59:39 - Money Masters of the game

01:00:00 - The Millionaire Lifestyle

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01: Sam Marks Personal Millions + Show Introduction Jun 13, 2016

This episode is an overview of what the new Invest Like a Boss Podcast is all about, transparency, new modern day investments, peer to peer lending, firing your financial manager and using robo investing, mastering the investment game and to start it all off, we're talking about where co-host Sam Mark's personally invests his millions.

Sam Marks

Tony Robbins – Money Master of the Game
Sam Marks - imsammarks

Instagram
Nomad Speech 2016 - Building a $100 Million Dollar Company

Time Stamp Topic

(04:18) Peer to Peer Lending
(06:40) Weathfront
(09:30) Insurance Annuities
(11:23) Windfall
(18:56) Capital Gains
(20:30) Hard Work / Loyalty
(27:35) Diversify Mistakes
(29:07) Home Owners Association
(30:50) Maintain Wealth
(32:15) Financial Advisers
(33:08) Wealthfront
(34:30) Vanguard
(35:10) Stronghold
(37:14) S&P-500
(39:12) Fixed Income
(43:22) Multiple Businesses
(44:52) Up Front Taxes
(45:38) Selling A Business
(46:40) Financial Wins
(48:44) Business / Philanthropy
(50:40) Stellenbosch South Africa
(54:30) 2016 Nomad Summit Speech

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