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Pub. DateTitleDuration
15 Mar 201745: Behavioral Finance and How Betterment is Optimizing Around It01:15:02

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.

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

 

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 2017. All rights reserved. Read our disclaimer here.

 

18 Jul 2019124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans01:13:17

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:

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.

14 Jul 2022237: Ask Johnny FD Anything01:06:06

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:

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

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

11 Nov 2021203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall01:21:22

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:

Sponsor:

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:

  • 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

Copyright 2021. All rights reserved. Read our disclaimer here.

06 Jun 2024298: What is the S&P 500? A Complete Review01:02:11

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: 

Where we are:

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.

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

05 May 2022228: Investing in Bordeaux "En Primeur" Wine Futures01:16:13

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:

Sponsor:

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

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

10 Aug 201616: William Bernstein: Lump Sum Investing vs. Dollar Cost Average00:40:22

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!

Copyright 2016. All rights reserved. Read our disclaimer here.

07 Apr 2022224: Tax Savings Hacks 101 with Johnny & Sam01:05:14

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:

Sponsor:

 

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

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

02 Aug 201615: Meb Faber on Building The All Seasons Portfolio01:04:57

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!

Copyright 2016. All rights reserved. Read our disclaimer here.

13 Jun 201601: Sam Marks Personal Millions + Show Introduction00:57:25

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

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 2016. All rights reserved. Read our disclaimer here.

20 May 2019121: Investing in Private Real Estate Funds, with MLG Capital’s Tim Wallen01:06:03

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!

Copyright 2019. All rights reserved. Read our disclaimer here.

 

12 Jul 201611: Advice for 17-24 Year Olds on Money, College, Credit and Finances01:11:27

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!

Copyright 2016. All rights reserved. Read our disclaimer here.

 

27 Jun 201608: Peer to Peer Lending Strategies & Structuring Atypical Investments01:17:39

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 StampTopic

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!

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 2016. All rights reserved. Read our disclaimer here.

12 Aug 2019126: Happy Money, Improving Your Relationship With Money - Ken Honda00:41:16

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

 

02 Feb 2021169: Exit Rich - How to Sell Your Business for Huge Profit01:16:36

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:

 

Sponsor:

 

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:

  • 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

Copyright 2021. All rights reserved. Read our disclaimer here.

01 Jul 2021184: FOMO Investing for the Not So YOLO Crowd with Matthew Tuttle, CEO Tuttle Capital Management00:57:38

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:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

11 Jan 201736: Dr. Daniel Crosby – 10 Commandments of Investing Success01:19:22

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 firmwww.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:

  1. You control what matters most.
  2. You cannot do this alone.
  3. Trouble is opportunity.
  4. If you’re excited, it’s a bad idea.
  5. You are not special.
  6. Your life is the best benchmark.
  7. Forecasting is for weathermen.
  8. Excess is never permanent.
  9. Diversification means always having to say you’re sorry.
  10. 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

 

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 2017. All rights reserved. Read our disclaimer here.

30 Jun 2022235: Composer’s Quantitative Strategy Tool Let’s You Invest Like Hedge Funds00:54:01

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:

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:

  • 07:55 – 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

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

24 Aug 201768: Municipal Bonds, How Insiders Scale Their Tax Free Income01:02:10

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

Try FreshBooks Free 

 

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

30 Dec 2021210: Top 10 ILAB Guests of 202101:15:38

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:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

17 Sep 2020154: Investment Returns for Ski-Country Vacation Rentals – Vacasa’s Shaun Greer01:01:04

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:

Sponsor:

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

Copyright 2020. All rights reserved. Read our disclaimer here.

08 Jun 2021182: I Have $X Amount, Where Do I Invest it? A 101 Investing Refresher01:02:39

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:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

22 Nov 201777: Turnkey Real Estate Investing vs. REITs01:14:15

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

 

14 Oct 2019130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson01:08:52

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

Copyright 2019. All rights reserved. Read our disclaimer here.

17 Aug 201617: Top 12 Investment Tips: Learning from Episodes 1-1600:45:34

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!

Copyright 2016. All rights reserved. Read our disclaimer here.

02 Oct 2019129: Q4 Investment Updates & Portfolio Review - Sam & Johnny01:11:34

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:

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

Copyright 2019. All rights reserved. Read our disclaimer here.

08 Sep 201770: Sports Betting: Invest with Vegas’s Best in This New Fund00:59:56

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:

Try FreshBooks Free

 

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

18 Feb 2020136: KingMakers - the shift to investing in offline businesses01:00:14

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:

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

Copyright 2019. All rights reserved. Read our disclaimer here.

11 Feb 2019116: Bob Sapp - MMA, Entertainment, and Financial Planning for Athletes00:58:24

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:

 

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!


Copyright 2019. All rights reserved. Read our disclaimer here.

 

23 Nov 2021205: Top 10 Listener Voted Non-Accredited Investment Platforms00:44:26

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:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

20 Jun 2020146: Does Art Out-Perform the S&P500? MasterWorks’ Scott Lynn00:52:34

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:

Sponsor:

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:

  • 08:24 – 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!

Copyright 2020. All rights reserved. Read our disclaimer here.

18 Jan 201737: Alternative Financial Medicine with Dr. Meadows01:17:18

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

02 Aug 201765: Bitcoin vs. Stocks, Tesla vs. Ford01:29:48

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:

LinkedIn

 

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

 

22 Jun 201896: 6 Keys to Protecting your Properties from Lawsuits with Scott Smith01:03:42

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?

 

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 2017. All rights reserved. Read our disclaimer here.

11 May 2023273: The Biggest Ponzi Schemes of All-Time00:49:31

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: 

Where we are:

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.

27 Nov 2018111: O’Shares ETFs Quality Weighted Approach with CEO Connor O’Brien01:00:16

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!

Copyright 2018. All rights reserved. Read our disclaimer here.

 

13 Jun 201605: Turn $50k into $3 Million with SEP-IRAs01:04:46

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

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 2016. All rights reserved. Read our disclaimer here.

17 Jan 2019114: Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin00:53:41

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:

 

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!

Copyright 2019. All rights reserved. Read our disclaimer here.

 

06 May 2020143: Luxury Real Estate, with Ryan Serhant00:55:50

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:

Sponsor:

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:

  • 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

Copyright 2020. All rights reserved. Read our disclaimer here.

24 Feb 2022218 : Saifedean Ammous Explains The Bitcoin Standard01:08:18

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:

Sponsor:

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:

  • 12:24 – 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

Copyright 2021. All rights reserved. Read our disclaimer here.

18 May 2021180: Teenage Investing with 18-Year-Old Jack Rosenthal00:51:43

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:

 

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:

 

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.



20 Apr 2023271: Pace Morby on How To Buy Real Estate & Build Wealth Without Cash01:11:44

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:

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.

13 Jun 201604: Stan's Brutally Honest Factual Expertise About Annuities00:45:07

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

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 2016. All rights reserved. Read our disclaimer here.

 

24 Mar 2022222: Emergency Funds 10100:42:04

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:

Sponsor:

 

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

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

28 Apr 2022227: Travel for (Almost) Free with Credit Card Points Hacking01:26:07

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:

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:

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

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

18 Feb 2021171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup01:24:46

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:

 

Sponsor:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

23 Dec 2021209: Why Capital Appreciation is More Important Than Cash Flow with Omar Khan01:09:00

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:

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:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

22 Mar 201889: AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia00:48:34

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

 

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 2017. All rights reserved. Read our disclaimer here.

 

 

28 Aug 2019127: SaaS Businesses – Valuing, Investing, and Exiting with Dustin Struckman01:01:53

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:

 

 

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

Copyright 2019. All rights reserved. Read our disclaimer here.

14 Dec 201632: Startup Crowdfunding with Indiegogo Co-Founder, Slava Rubin00:50:12

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

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 2016. All rights reserved. Read our disclaimer here.

31 Mar 2022223: Intro to Digital Land Investing with WeMeta CEO Winston Robson01:06:12

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:

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

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

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

21 Jun 201606: Invest in Yourself to Startup an Award Winning Brewery01:06:10

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

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 2016. All rights reserved. Read our disclaimer here.
01 Oct 2020156: How to Buy Real Estate Overseas in 8 Easy Steps01:14:00

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:

Sponsor:

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:

  • 07:58 – 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

Copyright 2020. All rights reserved. Read our disclaimer here.

13 Nov 201776: Marc Faber – is 2018 Heading for Gloom, Boom, or Doom?01:24:24

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

 

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 2017. All rights reserved. Read our disclaimer here.

 

 

 

11 Aug 2022241: Buy This, Not That with Financial Samurai Sam Dogen01:08:06

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:

Sponsor:

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:

  • 15:29 – 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.

29 Sep 2022248: Azure 3D Printed Homes with Co-Founder Gene Eidelman00:52:39

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:

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

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

15 Jun 201758: Royalty Exchange - Acquire Jay-Z, Britney Spears, and Popular Music Royalties01:01:49

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

 

28 Aug 2018102: Understanding Credit Score and Comparing the Best Credit Cards01:16:34

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:

 

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

 

21 Jul 2022238: Ask Sam Marks Anything01:14:16

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:

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:

  • 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

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

04 Aug 2022240: AG Tech & Cattle Investing with Harvest Returns CEO Chris Rawley01:17:27

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:

Sponsor:

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

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

12 Oct 2018106: How to Build and Profit from a Self-Storage Facility with Kevin She01:11:05

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:

 

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

 

05 Jul 201761: RealtyMogul CEO Jilliene Helman, Transforming Commercial Real Estate Investing00:39:20

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

09 Jan 2024286: Q4 2023 Quarterly Update00:30:34

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:

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.

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

07 Feb 2020135: Innovation at AT&T, Investing in 5G and IoT with Chris Penrose00:54:26

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:

Sponsor:

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

Copyright 2019. All rights reserved. Read our disclaimer here.

04 Nov 2021202: A Modern Approach to Charitable Giving with Charityvest CEO Stephen Kump01:08:29

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:

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 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

Copyright 2021. All rights reserved. Read our disclaimer here.

18 Jan 2021167: 2021 Bitcoin Outlook with Stephan Livera01:33:35

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:

Sponsor:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

15 Feb 201741: Brew Johnson: The New Engine Driving PeerStreet and LA’s Hot Tech Scene01:14:23

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

16 Nov 2023284: Escaping Inflation Through Location Arbitrage00:42:40

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:

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.

    Copyright 2023. All rights reserved. Read our disclaimer here.

03 Nov 201626: Rob Kall Zero to One - 3 Exits for Over $100m00:55:19

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

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 2016. All rights reserved. Read our disclaimer here.

04 May 2021179: 8 Things Sam Marks Has Learned from Startup Investing01:10:44

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:

Sponsor:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

22 Feb 2019117: The Big Short? Danny Moses Now Calls The Big Long – Cannabis01:03:28

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!

Copyright 2019. All rights reserved. Read our disclaimer here.

 

18 Sep 201771: Bitcoin vs. Ethereum, and the Future of the Internet - Ivan on Tech01:15:08

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

13 Apr 2023270: Q1 2023 Quarterly Update with Sam & Johnny00:32:22

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:

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.

31 May 201756: James Altucher - $15 Million to Zero and Back, Investing, Passion, and Creativity01:02:41

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

26 Apr 201751: Kitco Global Trade Director, Peter Hug’s Views on Markets and Metals00:52:48

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

 

08 Jan 201881: New Year’s Investing Updates, Plans, and Goals for 201801:04:11

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 

Life 3.0

Surviving AI

Unshakeable 

Happy City 

 

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

 

 

06 Mar 201887: Tax Reform: Investing in 2018’s New Economy with Jordan Goodman00:50:26

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

 

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 2017. All rights reserved. Read our disclaimer here.

01 Apr 2020140: John McAfee – COVID-19, and the Best Chapter of Life00:50:17

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

Copyright 2020. All rights reserved. Read our disclaimer here.

 

08 Jun 2023275: How to Maximize Your Savings Rate01:04:32

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:

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.

27 May 2021181: Alternative Food Investing with Very Good Foods CEO Mitchell Scott00:54:43

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:

 

Sponsor:

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

Copyright 2021. All rights reserved. Read our disclaimer here.

10 Mar 2022220: Cryptocurrency Tax Hacks with Chris Kotarba00:46:41

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:

Sponsor:

 

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

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

19 Dec 201779: Cannabis – Profiting from the “Green Rush” with Michael Berger00:51:42

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:

Linkedin

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

27 Oct 2022252: Hedging Inflation Through U.S. I Bonds with Maggie Gomez00:50:18

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:

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

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

16 Feb 2023263: Daffy CEO Adam Nash on State of Silicon Valley & Charitable Giving with Donor Advised Funds01:34:37

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:

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.

03 Oct 2018105: Cap Rates – Understanding Real Estate Yields and Valuations01:21:57

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!

Copyright 2017. All rights reserved. Read our disclaimer here.

 

 

 

07 Jun 201757: MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In00:55:06

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!

 

Copyright 2017. All rights reserved. Read our disclaimer here.

 

23 Mar 2023267: Space Tourism via Balloon with Zero 2 Infinity CEO José Mariano López Urdiales01:31:34

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:

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.

11 Mar 2021174: Buying Your Own Private Island with Farhad Vladi00:40:37

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:

 

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:

 

 

 

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

Copyright 2021. All rights reserved. Read our disclaimer here.

20 Jul 2023277: Invest Passively in Online Businesses with WebStreet (Formerly Empire Flippers Capital)01:10:41

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: 

Where we are:

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.

28 Oct 2019131: Equity Crowdfunding in 2020, with StartEngine CEO Howard Marks00:55:16

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

Copyright 2019. All rights reserved. Read our disclaimer here.

05 Oct 2023280: Assets vs. Liabilities00:38:36

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.

    Copyright 2023. All rights reserved. Read our disclaimer here.

    19 Aug 2021191: Costa Rican Tourism Bonds with Richard Bexon00:49:01

    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:

    Sponsor:

    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:

    • 10:24 – 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

    Copyright 2021. All rights reserved. Read our disclaimer here.

    02 Sep 2021193: Nick Ringling Quit His Six-Figure Job After Discovering Land Flipping on ILAB!00:51:31

    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:

    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:

    • 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

    Copyright 2021. All rights reserved. Read our disclaimer here.



    21 Dec 201633: Brett Owens, 3 Recession Proof REITs to Buy Now01:06:56

    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

     

    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 2016. All rights reserved. Read our disclaimer here.

    16 Nov 2018110: How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas00:43:00

    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!

     

    Copyright 2018. All rights reserved. Read our disclaimer here.

     

    14 Aug 2018101: ICOs 101, Inside an Initial Coin Offering with Marshall Taplits01:23:48

    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!

    Copyright 2017. All rights reserved. Read our disclaimer here.

    21 Apr 2022226: Economics of Adult Entertainment with Dan Leal00:59:33

    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:

    Sponsor:

    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:

    • 06:36 – 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

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

    14 Nov 2024309: Why Do Mid-Caps Get No Love? An Argument for Mid-Cap Funds 00:59:40

    Sam Marks and Derek Spartz discuss why Mid-Cap Stock Funds seem to get overlooked by investors. They've done a lot of research that shows you may want to add these funds to your portfolio. The guys kick off the show with a little post-election results talk and then dive inot the reasons why mid-caps should not be so easily overlooked in this special 101 episode.

    Discussed: 

    Where we are:

    Sponsor:

    • ShopifyShopify 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 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:

    • ​00:21 - Sam/Derek Election Talk
    • ​12:23 - Why Do Mid-Caps Get No Love?
    • ​22:25 - Mid-Cap Historical Performance
    • ​42:52 - Which Mid-Cap Funds to Invest In
    • ​51:52 - What Sparked the Episode Idea?


    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.

    04 Mar 2020137: Best Visas & Citizenships by Investment, with Andrew Henderson01:06:01

    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:

    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

    Copyright 2020. All rights reserved. Read our disclaimer here.

    18 Apr 2019119: Q1 2019 Review, Sam & Johnny’s New Investments and Update00:56:17

    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:


    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:


    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!

    Copyright 2019. All rights reserved. Read our disclaimer here.

     

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