Midway through the year and time for another quarterly update! Johnny is in Ukraine and Sam is in Thailand for this one. The guys cover experiences living with monks, neighbor disputes, the best places in Thailand and answer your Patreon questions.  In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest to capitalize on current high rates. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss. Discussed:     ILAB 268: Russians Driving Up Real Estate in Bali &amp; Thailand ILAB 227: Travel for (Alomst) Free with Points Hacking    Where we are:   Johnny FD – Kyiv, Ukraine/ IG @johnnyfdj Sam Marks – Bangkok, Thailand / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio   Sponsor:  ILAB Patreon Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss  Like these investments? Try them with these special ILAB links:  Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.  Time Stamp:  04:40 - Sam's Monk Experience 13:25 - Thailand Life 22:00 - Sam's bad Neighbor  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Midway through the year and time for another quarterly update! Johnny is in Ukraine and Sam is in Thailand for this one. The guys cover experiences living with monks, neighbor disputes, the best places in Thailand and answer your Patreon questions.  In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest to capitalize on current high rates. That section is only available to <a href="https://bit.ly/ILABPatreon" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> members and can be instantly accessed along with hundreds of other member only posts for just $5/month at <a href="https://bit.ly/ILABPatreon" rel="noopener nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>. Discussed:  <ul> <ul> <ul> <li><a href="https://www.investlikeaboss.com/268-russians-driving-up-real-estate-in-bali-thailand/" rel="noopener nofollow" target="_blank">ILAB 268: Russians Driving Up Real Estate in Bali &amp; Thailand</a></li> <li><a href="https://www.investlikeaboss.com/227-travel-for-almost-free-with-credit-card-points-hacking/" rel="noopener nofollow" target="_blank">ILAB 227: Travel for (Alomst) Free with Points Hacking</a></li> </ul> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Kyiv, Ukraine/ IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Bangkok, Thailand / IG <a href="https://www.instagram.com/sammarks12/?hl=en" rel="nofollow" target="_blank">@sammarks12</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">ILAB Patreon</a> 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 <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a></li> </ul> Like these investments? Try them with these special ILAB links: <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> Time Stamp: <ul> <li>04:40 - Sam's Monk Experience</li> <li>13:25 - Thailand Life</li> <li>22:00 - Sam's bad Neighbor</li> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

278: Q2 2023 Quarterly Update

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) &amp; more. The funds have been active since 2021 and have built up a solid track record so far. Sam handles the interview as they break down what's available in the upcoming round of funds and how you can invest in the business of WebStreet itself. Then Johnny joins in the end of the episode to share his personal results from investing with WebStreet and what he would choose as his next investment choice of funds within the platform. Discussed:    Join the WebStreet Waitlist for Round 6 Learn the Story Behind WebStreet &amp; How to Invest Set Up a Meeting with a WebStreet Investment Advisor ILAB 10: Empire Flippers first appearance on the show ILAB 141: Empire Flippers Shares the State of Online Businesses ILAB 170: Empire Flippers Announces Capital Division of First Funds    Where we are:   Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:   ILAB Patreon Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss   Like these investments? Try them with these special ILAB links:   Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; 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 &amp; 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.

<a href="https://webstreet.co/" rel="noopener nofollow" target="_blank">WebStreet</a> 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) &amp; 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:  <ul> <ul> <li><a href="https://invest.webstreet.co/Ads/?utm_source=ILAB" rel="noopener nofollow" target="_blank">Join the WebStreet Waitlist for Round 6</a></li> <li><a href="https://webstreet.co/invest-in-webstreet/" rel="noopener nofollow" target="_blank">Learn the Story Behind WebStreet &amp; How to Invest</a></li> <li><a href="https://meetings.hubspot.com/webstreet/sales-team-round-robin" rel="noopener nofollow" target="_blank">Set Up a Meeting with a WebStreet Investment Advisor</a></li> <li><a href="https://www.investlikeaboss.com/ilab-10-empire-flippers-ceo-investing-in-profitable-cash-flow-websites/" rel="noopener nofollow" target="_blank">ILAB 10: Empire Flippers first appearance on the show</a></li> <li><a href="https://www.investlikeaboss.com/ilab-141-online-businesses-the-state-of-the-industry-with-empire-flippers-joe-magnotti/" rel="noopener nofollow" target="_blank">ILAB 141: Empire Flippers Shares the State of Online Businesses</a></li> <li><a href="https://www.investlikeaboss.com/170-passive-online-business-investing-with-empire-flippers-capital/" rel="noopener nofollow" target="_blank">ILAB 170: Empire Flippers Announces Capital Division of First Funds</a></li> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Kyiv, Ukraine / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – South Carolina/ IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <ul> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">ILAB Patreon</a> 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 <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a></li> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> </ul> Time Stamp: <ul> <ul> <li>04:40 - Interview with Kyle Begins</li> <li>16:36 - WebStreet Performance So Far</li> <li>37:50 - Fund Categories Available</li> <li>42:30 - How to Invest in WebStreet Itself</li> <li>53:07 - Johnny &amp; Sam Follow Up</li> </ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

277: Invest Passively in Online Businesses with WebStreet (Formerly Empire Flippers Capital)

Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck.  Discussed:    VIDEO: Inside Timeshare Sales Staff Meeting VIDEO: The Queen of Versailles Trailer     Where we are:   Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:   ILAB Patreon Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss   Like these investments? Try them with these special ILAB links:   Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; more. Join now at Patreon.com/InvestLikeaBoss.     Time Stamp:   05:59 - How Johnny Sold Timeshares 12:40 - Different Types of Timeshares 24:52 - Johnny's Family Member Bought a Timeshare 38:24 - How to Exit Your Timeshare   If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck.  Discussed:  <ul> <ul> <li><a href="https://youtu.be/6a7gYIDmfHg" rel="noopener nofollow" target="_blank">VIDEO: Inside Timeshare Sales Staff Meeting</a></li> <li><a href="https://youtu.be/LQW9Ks0GZUQ" rel="noopener nofollow" target="_blank">VIDEO: The Queen of Versailles Trailer</a></li> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Kyiv, Ukraine / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – South Carolina/ IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <ul> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">ILAB Patreon</a> 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 <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a></li> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> </ul> Time Stamp: <ul> <ul> <li>05:59 - How Johnny Sold Timeshares</li> <li>12:40 - Different Types of Timeshares</li> <li>24:52 - Johnny's Family Member Bought a Timeshare</li> <li>38:24 - How to Exit Your Timeshare</li> </ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

276: Timeshares 101 - How to Exit This Bad Travel Investment

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 &amp; 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:    U.S. Treasury Bonds ILAB Episode 004: Stan the Annuity Man ILAB 182: If I Have $X Saved, Where Do I Invest It?     Where we are:   Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:   Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab   Like these investments? Try them with these special ILAB links:   Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; 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.

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 &amp; 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:  <ul> <ul> <li><a href="https://www.treasurydirect.gov/" rel="noopener nofollow" target="_blank">U.S. Treasury Bonds</a></li> <li><a href="http://www.investlikeaboss.com/ilab-04-stan-the-annuity-man/" rel="noopener nofollow" target="_blank">ILAB Episode 004: Stan the Annuity Man</a></li> <li><a href="http://www.investlikeaboss.com/182-i-have-x-amount-where-do-i-invest-it-a-101-investing-refresher/" rel="noopener nofollow" target="_blank">ILAB 182: If I Have $X Saved, Where Do I Invest It?</a></li> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Kyiv, Ukraine / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – South Carolina/ IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <ul> <li><a href="http://trynom.com/ilab" rel="noopener nofollow" target="_blank">Nom Nom</a> 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 <a href="http://trynom.com/ilab" rel="nofollow" target="_blank">trynom.com/ilab</a></li> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> </ul> Time Stamp: <ul> <ul> <li>10:22 - Savings Best Practices</li> <li>18:54 - Where to Put Your Savings</li> <li>27:46 - US Treasury Bonds</li> <li>32:45 - HYSA vs. Bonds</li> <li>38:07 - Annuities</li> :</ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

275: How to Maximize Your Savings Rate

David M. Shapiro

This is part two on financial fraud and ponzi schemes. Our previous episode (ILAB 273) featured the biggest ponzi schemes of all-time. Our guest, David M. Shapiro, comes on to help explain how to avoid being involved in a ponzi scheme and what signs to look out for. He also talks the government structure around going after these crimes and some of the newer tech driven financial crimes involving cryptocurrency, identity theft and more. Sam and Derek follow up with their thoughts on the interview and Sam tells us about a ponzi scheme he almost fell into in Thailand.   Discussed:    David Shapiro's CV Watch Madoff: Monster of Wall Street on Netflix SEC Official Site on Tips to Spot Fraud     Where we are:   Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Barcelona, Spain / IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:    NetSuite For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at Netsuite.com/ILAB.    Like these investments? Try them with these special ILAB links:   Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; more. Join now at Patreon.com/InvestLikeaBoss.     Time Stamp:   05:35 - Interview with David Shapiro Begins 13:47 - What are the new tech based crimes happening? 24:45 - Is Social Security a Ponzi Scheme? 27:54 - How the SEC Structure Works For Investigations 35:24 - What Government Agencies Have Have Roles in these crimes? 51:20 - Thailand Ponzi Scheme Sam Got Caught In :  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

This is part two on financial fraud and ponzi schemes. Our previous episode (<a href="https://www.investlikeaboss.com/273-the-biggest-ponzi-schemes-of-all-time/" rel="noopener nofollow" target="_blank">ILAB 273</a>) featured the biggest ponzi schemes of all-time. Our guest, David M. Shapiro, comes on to help explain how to avoid being involved in a ponzi scheme and what signs to look out for. He also talks the government structure around going after these crimes and some of the newer tech driven financial crimes involving cryptocurrency, identity theft and more. Sam and Derek follow up with their thoughts on the interview and Sam tells us about a ponzi scheme he almost fell into in Thailand. Discussed:  <ul> <ul> <li><a href="http://www.jjay.cuny.edu/faculty/david-m-shapiro" rel="noopener nofollow" target="_blank">David Shapiro's CV</a></li> <li><a href="https://www.netflix.com/title/81466159" rel="noopener nofollow" target="_blank">Watch Madoff: Monster of Wall Street on Netflix</a></li> <li><a href="https://www.sec.gov/Protecting-You" rel="noopener nofollow" target="_blank">SEC Official Site on Tips to Spot Fraud</a></li> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Kyiv, Ukraine / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Barcelona, Spain / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <ul> <ul> <li><a href="https://www.Netsuite.com/ILAB" rel="noopener nofollow" target="_blank">NetSuite</a> 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 <a href="https://www.Netsuite.com/ILAB" rel="nofollow" target="_blank">Netsuite.com/ILAB</a>.</li> </ul> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> </ul> Time Stamp: <ul> <ul> <li>05:35 - Interview with David Shapiro Begins</li> <li>13:47 - What are the new tech based crimes happening?</li> <li>24:45 - Is Social Security a Ponzi Scheme?</li> <li>27:54 - How the SEC Structure Works For Investigations</li> <li>35:24 - What Government Agencies Have Have Roles in these crimes?</li> <li>51:20 - Thailand Ponzi Scheme Sam Got Caught In</li> :</ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

274: How To Spot & Avoid Ponzi Schemes with David M. Shapiro

After both watching the new Netflix docuseries on Bernie Madoff, Sam and Derek decide to dive deeper into the art of the Ponzi Scheme. They discuss how they came about and go over some of the biggest financial fraud cases in history. This is part one of a two episode run on financial fraud and ponzi schemes. ILAB 274 will feature an expert with tips on how to spot fraud in your investments.   Discussed:    Watch Madoff: Monster of Wall Street on Netflix    Where we are:   Johnny FD – Phuket, Thailand / IG @johnnyfdj Sam Marks – Bangkok, Thailand / IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:   Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab   Like these investments? Try them with these special ILAB links:     Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.        Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; 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.

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:  <ul> <ul> <li><a href="https://www.netflix.com/title/81466159" rel="noopener nofollow" target="_blank">Watch Madoff: Monster of Wall Street on Netflix</a></li> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Phuket, Thailand / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Bangkok, Thailand / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <ul> <li><a href="http://trynom.com/ilab" rel="noopener nofollow" target="_blank">Nom Nom</a> 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 <a href="http://trynom.com/ilab" rel="nofollow" target="_blank">trynom.com/ilab</a></li> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> </ul> </ul> </ul> <ul> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> Time Stamp: <ul> <ul> <li>06:49 - What's Considered a Ponzi Scheme?</li> <li>08:11 - Charles Ponzi</li> <li>12:11 - Enron</li> <li>20:15 - Tom Petters</li> <li>27:54 - Allen Stanford</li> <li>31:25 - Bernie Madoff</li> </ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

273: The Biggest Ponzi Schemes of All-Time

It's been two years since Sam (Spain) &amp; Johnny (Ukraine) embarked on their citizenship by investment journies. Find out where they each stand with respect to what they had to go through to qualify, get residency, and what their next options are. They'll go over hidden filing expenses, ongoing costs, and unexpected things that came up along the way that the citizenship sites don't tell. The guys will also go over why the programs they chose may not have been the best options for their particular situation and what some alternative countries' programs are like.   Discussed:      ILAB 188: Pros &amp; Cons of Relocating to Kiev &amp; Barcelona 2023 Top 10 Residency Programs by Investment Balcells Group - Sam's Spanish Golden Visa Attorneys     Where we are:     Johnny FD – Phuket, Thailand / IG @johnnyfdj Sam Marks – Bangkok, Thailand / IG @imsammarks Derek – Los Angeles / IG @DerekRadio     Sponsor:    Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes &amp; more. Join now at Patreon.com/InvestLikeaBoss.    Like these investments? Try them with these special ILAB links:    Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.    Time Stamp:   04:00 - Why They Chose Spain &amp; Ukraine 11:00 - Additional Fees To Get Residency 31:04 - Path to Citizenship 30:32 - Why You Can Make Way More From Sober Living 39:54 - Top 10 Residency Programs by Country   If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

It's been two years since Sam (Spain) &amp; Johnny (Ukraine) embarked on their citizenship by investment journies. Find out where they each stand with respect to what they had to go through to qualify, get residency, and what their next options are. They'll go over hidden filing expenses, ongoing costs, and unexpected things that came up along the way that the citizenship sites don't tell. The guys will also go over why the programs they chose may not have been the best options for their particular situation and what some alternative countries' programs are like. Discussed:  <ul> <ul> <ul> <ul> <li><a href="https://www.investlikeaboss.com/188-pros-cons-of-relocating-to-barcelona-vs-kyiv/" rel="noopener nofollow" target="_blank">ILAB 188: Pros &amp; Cons of Relocating to Kiev &amp; Barcelona</a></li> <li><a href="https://www.henleyglobal.com/publications/residence-program-index-2023" rel="noopener nofollow" target="_blank">2023 Top 10 Residency Programs by Investment</a></li> <li><a href="https://balcellsgroup.com/" rel="noopener nofollow" target="_blank">Balcells Group - Sam's Spanish Golden Visa Attorneys</a></li> </ul> </ul> </ul> </ul> Where we are: <ul> <ul> <ul> <ul> <li>Johnny FD – Phuket, Thailand / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Bangkok, Thailand / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> </ul> </ul> Sponsor: <ul> <ul> <ul> <li><a href="https://www.patreon.com/investlikeaboss" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> 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 &amp; more. Join now at <a href="https://www.patreon.com/investlikeaboss" rel="nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>.</li> </ul> </ul> </ul> Like these investments? Try them with these special ILAB links: <ul> <ul> <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> </ul> </ul> Time Stamp: <ul> <ul> <li>04:00 - Why They Chose Spain &amp; Ukraine</li> <li>11:00 - Additional Fees To Get Residency</li> <li>31:04 - Path to Citizenship</li> <li>30:32 - Why You Can Make Way More From Sober Living</li> <li>39:54 - Top 10 Residency Programs by Country</li> </ul> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

272: Two Year Status Update on Citizenship By Investment

Star of A&amp;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:     Pace Morby's Website @PaceMorby on Instagram Pace Morby's New Book Wealth Without Cash Triple Digit Flip TV Show on A&amp;E Access Expired Listings with Privy Preforeclosure.com    Where we are:   Johnny FD – Phuket, Thailand / IG @johnnyfdj Sam Marks – Jomptein, Thailand / IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:  NetSuite For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB.  Like these investments? Try them with these special ILAB links:  Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.  Time Stamp:  08:12 - Johnny's LA House Flip 12:26 - Pace Morby Interview Begins 18:25 - Why You Should Look for "Expired Listings" 30:32 - Why You Can Make Way More From Sober Living 34:31 - Types of Creative Financing 53:00 - Johnny &amp; Derek's Thoughts on Pace's Strategy &amp; 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.

Star of A&amp;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 <a href="https://get.biggerpockets.com/5fbfac0b-e728-4076-a4e7-523387e33104/" rel="noopener nofollow" target="_blank">Wealth Without Cash</a> 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:  <ul> <ul> <ul> <li><a href="https://www.pacemorby.com/" rel="noopener nofollow" target="_blank">Pace Morby's Website</a></li> <li><a href="https://www.instagram.com/pacemorby" rel="noopener nofollow" target="_blank">@PaceMorby on Instagram</a></li> <li><a href="https://get.biggerpockets.com/5fbfac0b-e728-4076-a4e7-523387e33104/" rel="noopener nofollow" target="_blank">Pace Morby's New Book Wealth Without Cash</a></li> <li><a href="https://www.aetv.com/shows/triple-digit-flip" rel="noopener nofollow" target="_blank">Triple Digit Flip TV Show on A&amp;E</a></li> <li><a href="https://www.getprivynow.com/" rel="noopener nofollow" target="_blank">Access Expired Listings with Privy</a></li> <li><a href="https://www.preforeclosure.com/" rel="noopener nofollow" target="_blank">Preforeclosure.com</a></li> </ul> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Phuket, Thailand / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Jomptein, Thailand / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <li><a href="https://netsuite.com/ILAB" rel="noopener nofollow" target="_blank">NetSuite</a> 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 <a href="https://indeed.com/ILAB" rel="nofollow" target="_blank">NetSuite.com/ILAB</a>.</li> </ul> Like these investments? Try them with these special ILAB links: <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> Time Stamp: <ul> <li>08:12 - Johnny's LA House Flip</li> <li>12:26 - Pace Morby Interview Begins</li> <li>18:25 - Why You Should Look for "Expired Listings"</li> <li>30:32 - Why You Can Make Way More From Sober Living</li> <li>34:31 - Types of Creative Financing</li> <li>53:00 - Johnny &amp; Derek's Thoughts on Pace's Strategy &amp; Show</li> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

271: Pace Morby on How To Buy Real Estate & Build Wealth Without Cash

It's quarterly update time and Sam &amp; 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 &amp; 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:     ILAB 268: Russians Driving Up Real Estate in Bali &amp; Thailand ILAB 227: Travel for (Alomst) Free with Points Hacking    Where we are:   Johnny FD – Jomptein, Thailand / IG @johnnyfdj Sam Marks – Jomptein, Thailand / IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:  Daffy Daffy helps you maximize one of the most generous tax deductions - charitable contributions, allowing you to contribute cash, stock, or crypto on a one-time or recurring basis, take the tax deduction at the time of the contribution, and then distribute those funds to nearly U.S. 501(c)(3). Invest Like a Boss listeners get a free $25 to give to the charity of your choice when you visit Daffy.org/BOSS.  Like these investments? Try them with these special ILAB links:  Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.  Time Stamp:  01:44 - Where Sam and Johnny are Located 09:23 - Bali vs. Thailand Life 11:27 - Sam Loves Japan and Why 19:13 - Why Price of Business Class Isn't Worth It 25:05 - Why Living Frugally is Important Even When You Have Money  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

It's quarterly update time and Sam &amp; 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 &amp; 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 <a href="https://bit.ly/ILABPatreon" rel="noopener nofollow" target="_blank">Invest Like a Boss Patreon</a> members and can be instantly accessed along with hundreds of other member only posts for just $5/month at <a href="https://bit.ly/ILABPatreon" rel="noopener nofollow" target="_blank">Patreon.com/InvestLikeaBoss</a>. Discussed:  <ul> <ul> <ul> <li><a href="https://www.investlikeaboss.com/268-russians-driving-up-real-estate-in-bali-thailand/" rel="noopener nofollow" target="_blank">ILAB 268: Russians Driving Up Real Estate in Bali &amp; Thailand</a></li> <li><a href="https://www.investlikeaboss.com/227-travel-for-almost-free-with-credit-card-points-hacking/" rel="noopener nofollow" target="_blank">ILAB 227: Travel for (Alomst) Free with Points Hacking</a></li> </ul> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Jomptein, Thailand / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Jomptein, Thailand / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <li><a href="https://www.daffy.org/boss/invite" rel="noopener nofollow" target="_blank">Daffy</a> 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 <a href="https://www.daffy.org/boss/invite" rel="nofollow" target="_blank">Daffy.org/BOSS</a>.</li> </ul> Like these investments? Try them with these special ILAB links: <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> Time Stamp: <ul> <li>01:44 - Where Sam and Johnny are Located</li> <li>09:23 - Bali vs. Thailand Life</li> <li>11:27 - Sam Loves Japan and Why</li> <li>19:13 - Why Price of Business Class Isn't Worth It</li> <li>25:05 - Why Living Frugally is Important Even When You Have Money</li> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

270: Q1 2023 Quarterly Update with Sam & Johnny

Dave Ramsey

Dave Ramsey's newest on-air personality hire Jade Warshaw is our guest on this episode. Derek will talk to her about how she was able to pay off $460K in debt using the Ramsey method while working in music, doing side hustles and practicing life hacks. Jade also gets into what it's like working alongside Dave Ramsey on their show - which is a consistent Top 20 Podcast in the U.S. Johnny &amp; Derek round it out about their thoughts on the Ramsey plan and how they may disagree with certain aspects of it. The guys also get into some of the crazy side hustles they had while trying to pay off their own debt. About Jade Warshaw: At Ramsey Solutions, Jade Warshaw serves as a debt elimination expert, financial coach and co-host of The Ramsey Show. Jade has a professional background in entertainment and has performed in over 92 countries worldwide. She has appeared on Fox News and Cheddar News and been featured in Fortune magazine. Since paying off over $460,000 in debt with her husband, Sam, Jade has been helping others achieve financial peace. As a co-host of The Ramsey Show, the second-largest talk radio show in America, Jade helps people pay off debt by teaching them to shift their mindset and actions around money. Discussed:     Jade Warshaw's Website Jade Warshaw's Instagram ILAB 208: Ramsey Personality Ken Coleman Interview    Where we are:   Johnny FD – Pattaya, Thailand / IG @johnnyfdj Sam Marks – Bangkok / IG @imsammarks Derek – Los Angeles / IG @DerekRadio   Sponsor:  Indeed No one understands that every single hire counts more than Indeed. Get hiring now when you visit Indeed.com/ILAB.  Like these investments? Try them with these special ILAB links:  Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.  Time Stamp:  05:50 - Derek &amp; Johnny's Thoughts on the Ramsey Plan 14:28 - Interview with Jade Begins 26:00 - Jade's Side Hustles to Pay Off Debt 35:09 - What Jade Adds to the Ramsey Lineup 49:20 - Derek &amp; Johnny's Side Hustles to Pay Debt  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Dave Ramsey's newest on-air personality hire Jade Warshaw is our guest on this episode. Derek will talk to her about how she was able to pay off $460K in debt using the Ramsey method while working in music, doing side hustles and practicing life hacks. Jade also gets into what it's like working alongside Dave Ramsey on their show - which is a consistent Top 20 Podcast in the U.S. Johnny &amp; Derek round it out about their thoughts on the Ramsey plan and how they may disagree with certain aspects of it. The guys also get into some of the crazy side hustles they had while trying to pay off their own debt. About Jade Warshaw: At Ramsey Solutions, Jade Warshaw serves as a debt elimination expert, financial coach and co-host of The Ramsey Show. Jade has a professional background in entertainment and has performed in over 92 countries worldwide. She has appeared on Fox News and Cheddar News and been featured in Fortune magazine. Since paying off over $460,000 in debt with her husband, Sam, Jade has been helping others achieve financial peace. As a co-host of The Ramsey Show, the second-largest talk radio show in America, Jade helps people pay off debt by teaching them to shift their mindset and actions around money. Discussed:  <ul> <ul> <ul> <li><a href="https://www.JadeWarshaw.com" rel="noopener nofollow" target="_blank">Jade Warshaw's Website</a></li> <li><a href="https://www.instagram.com/jadewarshaw/?hl=en" rel="noopener nofollow" target="_blank">Jade Warshaw's Instagram</a></li> <li><a href="https://www.investlikeaboss.com/208-dave-ramsey-personality-ken-coleman-on-how-to-find-your-dream-job/" rel="noopener nofollow" target="_blank">ILAB 208: Ramsey Personality Ken Coleman Interview</a></li> </ul> </ul> </ul> Where we are: <ul> <ul> <li>Johnny FD – Pattaya, Thailand / IG <a href="https://www.instagram.com/johnnyfdj" rel="nofollow" target="_blank">@johnnyfd</a>j</li> <li>Sam Marks – Bangkok / IG <a href="https://www.instagram.com/imsammarks/?hl=en" rel="nofollow" target="_blank">@imsammarks</a></li> <li>Derek – Los Angeles / IG <a href="https://instagram.com/derekradio" rel="nofollow" target="_blank">@DerekRadio</a></li> </ul> </ul> Sponsor: <ul> <li><a href="https://www.indeed.com/ILAB" rel="noopener nofollow" target="_blank">Indeed</a> No one understands that every single hire counts more than Indeed. Get hiring now when you visit <a href="https://www.indeed.com/ILAB" rel="nofollow" target="_blank">Indeed.com/ILAB</a>.</li> </ul> Like these investments? Try them with these special ILAB links: <ul> <li><a href="https://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally.</li> </ul> Time Stamp: <ul> <li>05:50 - Derek &amp; Johnny's Thoughts on the Ramsey Plan</li> <li>14:28 - Interview with Jade Begins</li> <li>26:00 - Jade's Side Hustles to Pay Off Debt</li> <li>35:09 - What Jade Adds to the Ramsey Lineup</li> <li>49:20 - Derek &amp; Johnny's Side Hustles to Pay Debt</li> </ul> If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

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

Interviews with the world's best investors and find out what they are currently investing in whether it be the stocks, retirement accounts, Wealthfront, Betterment, Vanguard, mutual funds, real estate, Forex, REITs, or other types of Investing methods. Millionaire and Entrepreneur Sam Marks, Johnny FD &amp; Derek Spartz invest alongside listeners as they share their personal portfolios as they save their hard earned money for travel, life and retirement. Invest Like a Boss covers all aspects of investing in the modern age in a fun, entertaining way. The show hosts interview the worlds best investors, financial Insiders, entrepreneurs and CEOs to find out what they are investing in and strategies to gain outsized returns. In this modern age of investing, new investment instruments are popping up each day, from P-2-P lending, to robo-advisors, equity crowd-funding to REITS. Investors today need to combine centuries of investment wisdom with an modern outlook and approach.  Entrepreneurs Sam Marks, Johnny FD &amp; Derek Spartz each took different paths to success to now focus on learning how to invest alongside the listeners in order to put their hard earned money to work.Copyright Invest Like a Boss Inc.

Keeping it real guys

Very informational especially if you are exploring diversifying into different assert classes.

They keep it real

Interviews with the world's best investors and find out what they are currently investing in whether it be the stocks, retirement accounts, Wealthfront, Betterment, Vanguard, mutual funds, real estate, Forex, REITs, or other types of Investing methods. Millionaire and Entrepreneur Sam Marks, Johnny FD &amp; Derek Spartz invest alongside listeners as they share their personal portfolios as they save their hard earned money for travel, life and retirement. Invest Like a Boss covers all aspects of investing in the modern age in a fun, entertaining way. The show hosts interview the worlds best investors, financial Insiders, entrepreneurs and CEOs to find out what they are investing in and strategies to gain outsized returns. In this modern age of investing, new investment instruments are popping up each day, from P-2-P lending, to robo-advisors, equity crowd-funding to REITS. Investors today need to combine centuries of investment wisdom with an modern outlook and approach. Entrepreneurs Sam Marks, Johnny FD &amp; Derek Spartz each took different paths to success to now focus on learning how to invest alongside the listeners in order to put their hard earned money to work. Copyright Invest Like a Boss Inc.

Invest Like a Boss

Sam Marks and Johnny FD has officially hit FIRE, meaning that they are financially independent with an early retirement. They’ve both reached their success in such unique ways that will inspire you! During this episode, Sam and Johnny FD will share how they hit FIRE including how YOU can do the same. Find out how much money you actually need to retire and how to calculate it. Understand the 4% rule and learn to apply it to your life. Listen to the end to hear about the downside to the FIRE movement and what you can do even after you hit your ultimate FI number.   Link:   4% Rule Math Spreadsheet  Boss Lounge   Where we are:  Johnny FD &amp; Sam Marks - Chiang Mai, Thailand    Discussed:   ILAB 01 – Sam Marks Personal Millions + Show Introduction  ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments  ILAB 23 – From $0 to Self Made, How to 300X Your Investment  Life Changes Quick Book NomadSummit.com  Recommended:  ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan    Book:  The Total Money Makeover - Dave Ramsey    Time Stamps:  03:54 - How Johnny FD and Sam hit financial independence 10:17 - The benefits of being financially independent and retiring early 13:35 - How much money do you actually need to retire? 19:07 - Managing your expenses and location arbitrage 27:26 - Foreign income tax exclusion and legal loopholes 34:41 - Earning more money and creating more income streams 45:04 - Utilize debt to your advanced 47:41 - Understanding the 4% rule and applying it to your life 58:40 - “The number one fear in the world is running out of money when you’re still alive” - Sam Marks 01:06:09 - The downside to the FIRE movement 01:15:14 - Working after you reach your FI number    If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2018. All rights reserved. Read our disclaimer here.

Sam Marks and Johnny FD has officially hit FIRE, meaning that they are financially independent with an early retirement. They’ve both reached their success in such unique ways that will inspire you! During this episode, Sam and Johnny FD will share how they hit FIRE including how YOU can do the same. Find out how much money you actually need to retire and how to calculate it. Understand the 4% rule and learn to apply it to your life. Listen to the end to hear about the downside to the FIRE movement and what you can do even after you hit your ultimate FI number. Link: <ul> <li><a href="https://docs.google.com/spreadsheets/d/1rntuWK1VnWxucJs6jEDPg6C1TUUmKRAUIe5CEOulLkw/edit#gid=0" rel="nofollow" target="_blank"> 4% Rule Math Spreadsheet</a></li> <li><a href="https://www.facebook.com/groups/bosslounge/?jazoest=26510012052554911511882801077410911652687712071103891115795112566888576912168457768871197255110567453671171195865100122665510066118524984499979121669587106885110374114103997184909975881078110711675107681191131225711199119" rel="nofollow" target="_blank"> Boss Lounge</a></li> </ul> Where we are: <ul> <li>Johnny FD &amp; Sam Marks - Chiang Mai, Thailand</li> </ul> Discussed: <ul> <li><a href="http://www.investlikeaboss.com/ilab-01-sam-marks-personal-millions-and-show-introduction/" rel="nofollow" target="_blank"> ILAB 01 – Sam Marks Personal Millions + Show Introduction</a></li> <li><a href="http://www.investlikeaboss.com/ilab-02-from-1k-to-future-millionaire-johnny-fds-investments/" rel="nofollow" target="_blank"> ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments</a></li> <li><a href="http://www.investlikeaboss.com/ilab-23-from-0-to-self-made-how-to-300x-your-investment/" rel="nofollow" target="_blank"> ILAB 23 – From $0 to Self Made, How to 300X Your Investment</a></li> <li><a href="https://www.amazon.com/gp/product/1501039121/ref=as_li_tl?ie=UTF8&amp;tag=investlikeaboss-20&amp;camp=1789&amp;creative=9325&amp;linkCode=as2&amp;creativeASIN=1501039121&amp;linkId=7a163d47ea7ff76df8df839db3c9e460" rel="nofollow" target="_blank"> Life Changes Quick Book</a></li> <li><a href="http://www.nomadsummit.com/" rel="nofollow" target="_blank">NomadSummit.com</a></li> </ul> Recommended: <ul> <li><a href="http://www.nomadsummit.com/" rel="nofollow" target="_blank">ArtofFX</a> – Start with just a $10,000 account (reduced from $25,000)</li> <li><a href="http://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)</li> <li><a href="http://investlikeaboss.com/betterment" rel="nofollow" target="_blank">Betterment</a> – Get up to 1 year managed free</li> <li><a href="http://investlikeaboss.com/peerstreet" rel="nofollow" target="_blank">PeerStreet</a> – Get a 1% yield bump on your first loan</li> </ul> Book: <ul> <li><a href="http://investlikeaboss.com/totalmoneymakeover" rel="nofollow" target="_blank">The Total Money Makeover - Dave Ramsey</a></li> </ul> Time Stamps: <ul> <li>03:54 - How Johnny FD and Sam hit financial independence</li> <li>10:17 - The benefits of being financially independent and retiring early</li> <li>13:35 - How much money do you actually need to retire?</li> <li>19:07 - Managing your expenses and location arbitrage</li> <li>27:26 - Foreign income tax exclusion and legal loopholes</li> <li>34:41 - Earning more money and creating more income streams</li> <li>45:04 - Utilize debt to your advanced</li> <li>47:41 - Understanding the 4% rule and applying it to your life</li> <li>58:40 - “The number one fear in the world is running out of money when you’re still alive” - Sam Marks</li> <li>01:06:09 - The downside to the FIRE movement</li> <li>01:15:14 - Working after you reach your FI number</li> </ul> If you enjoyed this episode, do us a favor and share it! 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.

112: FIRE – Financial Independence, Retire Early

Michael Taylor

Michael teaches personal finance at Trinity University and writes a weekly finance column for the Houston Chronicle and San Antonio Express News. He previously sold bonds for Goldman Sachs, and used to run a distressed debt hedge fund. He is not your typical finance professor as he gives you the real-life perspective of how to manage your money. During the episode, Michael reveals several tips in growing wealth which you did not learn from school. He believes that venturing into investments at an early age promises a future of fortune. He explains how compound interest works, why we need to understand it, and what benefits it could provide. You might not be interested in learning such early in life, but once you listened to this episode, you’ll have a whole new outlook at your finances.   Where we are: Johnny - Bulgaria Sam - Florida   Book:  The Financial Rules for New College Graduates   Discussed:  ILAB 11 – Advice for 17-24 Year Olds on Money, College, Credit and Finances   Time Stamps: 07:52 – Why professors experience difficulty understanding and teaching finance 13:05 – His personal finance course 16:55 – Students in debt vs. Students investing 24:00 – Investment advice for young adults 32:12 – Explaining compound interest to young adults 38:53 – US Tax Code 43:10 – Saving money based on income 49:04 – Advise for youngsters in getting an investment adviser 56:47 – The use of Robo-Advisor 1:00:28 – Favorite investment books 1:05:21 – What to look forward to in his book   If you enjoyed this episode, do us a favor and share it! 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.

Michael teaches personal finance at Trinity University and writes a weekly finance column for the Houston Chronicle and San Antonio Express News. He previously sold bonds for Goldman Sachs, and used to run a distressed debt hedge fund. He is not your typical finance professor as he gives you the real-life perspective of how to manage your money. During the episode, Michael reveals several tips in growing wealth which you did not learn from school. He believes that venturing into investments at an early age promises a future of fortune. He explains how compound interest works, why we need to understand it, and what benefits it could provide. You might not be interested in learning such early in life, but once you listened to this episode, you’ll have a whole new outlook at your finances. Where we are: Johnny - Bulgaria Sam - Florida Book: <a href="https://www.amazon.com/gp/product/1440861056?ie=UTF8&amp;tag=bankeanony-20&amp;camp=1789&amp;linkCode=xm2&amp;creativeASIN=1440861056" rel="nofollow" target="_blank"> The Financial Rules for New College Graduates</a> Discussed: <a href="http://www.investlikeaboss.com/ilab-11-advice-for-17-24-year-olds-on-money-college-credit-and-finances/" rel="nofollow" target="_blank"> ILAB 11 – Advice for 17-24 Year Olds on Money, College, Credit and Finances</a> Time Stamps: 07:52 – Why professors experience difficulty understanding and teaching finance 13:05 – His personal finance course 16:55 – Students in debt vs. Students investing 24:00 – Investment advice for young adults 32:12 – Explaining compound interest to young adults 38:53 – US Tax Code 43:10 – Saving money based on income 49:04 – Advise for youngsters in getting an investment adviser 56:47 – The use of Robo-Advisor 1:00:28 – Favorite investment books 1:05:21 – What to look forward to in his book If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

95: Finance Tips Your College Professors Didn’t Teach You - Michael Taylor

Sam Marks are Johnny FD have been transparently sharing their investment journey on this podcast for over three years. They have personally and professionally benefited from learning the tools and techniques that drive their successful investing lifestyle, passive income, and ultimately financial dream. During this episode, Sam and Johnny FD will share how their investments generate a passive income that affords them to live an adventurous lifestyle while growing assets. Listen as they dissect their vastly diverse asset allocation so that you can replicate a portfolio that fits your style of investing. You’ll also find out if you need to be accredited or non accredited to make the best possible investments for your future.   Links:  Check out the new Invest Like a Boss Summit in Vegas!    Where we are:  Sam Marks - Lithuania Johnny FD - Eastern Ukraine    Recommended:  ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free    Discussed:   ILAB 119 – Q1 2019 Review, Sam &amp; Johnny’s New Investments, and Updates    Time Stamps:  01:19 - Traveling to Minsk, Estonia, and Eastern Europe 12:28 - Cost of living in the USA vs. Europe/Asia 22:12 - Affording the nomad lifestyle in a passive way 27:17 - “Being retired, financially free, financially independent: It’s not, never working again but it’s only doing things that you enjoy doing and that happens to pay you money, anyway.” - Johnny FD 34:38 - Analyzing the different FIRE tiers 37:41 - “If you’re just trying to figure it out quickly you can make a lot of mistakes and lose a lot of money.” - Sam Marks 38:43 - Asset allocation pie chart discussion 44:31 - Reinventing into your investments 54:27 - “If you’re bringing in and spending everything that comes in each month you’re paycheck to paycheck. That’s not cool. Growing your wealth is cool.” - Sam Marks 58:26 - Best investments for accredited and non-accredited investors   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.

Sam Marks are Johnny FD have been transparently sharing their investment journey on this podcast for over three years. They have personally and professionally benefited from learning the tools and techniques that drive their successful investing lifestyle, passive income, and ultimately financial dream. During this episode, Sam and Johnny FD will share how their investments generate a passive income that affords them to live an adventurous lifestyle while growing assets. Listen as they dissect their vastly diverse asset allocation so that you can replicate a portfolio that fits your style of investing. You’ll also find out if you need to be accredited or non accredited to make the best possible investments for your future. Links: <ul> <li>Check out the new <a href="https://www.facebook.com/events/521778791644999/" rel="nofollow" target="_blank">Invest Like a Boss Summit in Vegas!</a></li> </ul> Where we are: <ul> <li>Sam Marks - Lithuania</li> <li>Johnny FD - Eastern Ukraine</li> </ul> Recommended: <ul> <li><a href="https://artoffx.com/ilab" rel="nofollow" target="_blank">ArtofFX</a> – Start with just a $10,000 account (reduced from $25,000)</li> <li><a href="http://www.investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Fundrise</a> – Start with only $1,000 into their REIT funds (non-accredited investors OK)</li> <li><a href="http://investlikeaboss.com/betterment" rel="nofollow" target="_blank">Betterment</a> – Get up to 1 year managed free</li> <li><a href="http://investlikeaboss.com/peerstreet" rel="nofollow" target="_blank">PeerStreet</a> – Get a 1% yield bump on your first loan</li> <li><a href="http://www.investlikeaboss.com/wealthfront" rel="nofollow" target="_blank">Wealthfront</a> – get your first $15,000 managed free</li> </ul> Discussed: <ul> <li><a href="http://www.investlikeaboss.com/ilab-119-q1-2019-review-sam-johnnys-new-investments-and-update/" rel="nofollow" target="_blank"> ILAB 119 – Q1 2019 Review, Sam &amp; Johnny’s New Investments, and Updates</a></li> </ul> Time Stamps: <ul> <li>01:19 - Traveling to Minsk, Estonia, and Eastern Europe</li> <li>12:28 - Cost of living in the USA vs. Europe/Asia</li> <li>22:12 - Affording the nomad lifestyle in a passive way</li> <li>27:17 - “Being retired, financially free, financially independent: It’s not, never working again but it’s only doing things that you enjoy doing and that happens to pay you money, anyway.” - Johnny FD</li> <li>34:38 - Analyzing the different FIRE tiers</li> <li>37:41 - “If you’re just trying to figure it out quickly you can make a lot of mistakes and lose a lot of money.” - Sam Marks</li> <li>38:43 - Asset allocation pie chart discussion</li> <li>44:31 - Reinventing into your investments</li> <li>54:27 - “If you’re bringing in and spending everything that comes in each month you’re paycheck to paycheck. That’s not cool. Growing your wealth is cool.” - Sam Marks</li> <li>58:26 - Best investments for accredited and non-accredited investors</li> </ul> If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">here</a>! Copyright 2019. All rights reserved. Read our disclaimer <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">here</a>.

122: Lifestyle Investing, Passive Income, and The Financial Dream

Todd Tresidder

Todd Tresidder is a retired hedge fund manager turned money coach and financial blogger at Financialmentor.com. He became financially independent at age 35 through investing and is still an active investor who earns consistent investment returns in both up and down markets. Todd has successfully helped over 15,000 people jumpstart their financial freedom and plan for early retirement.  During the show, we will explore strategies much different than the traditional methods taught by many other financial experts. Todd will share his thoughts on Robo-advisors like Vanguard and real estate crowdfunding. We’ll also discuss the unknown side of financial independence and the problems you may face once you’ve achieved success.   Links: Financialmentor.com @Financialmentor   Where are we: Barcelona, Spain - Sam &amp; Johnny FD Lake Tahoe, Nevada - Todd   Discussed: Article:  How Anyone Can Retire in 10 Years or Less Todd’s Course -  7 steps to 7 figures   Book: Start Here – Recommended readings   Time Stamps: 03:14 - Achieving wealth and early retirement 08:09 - Retiring in 10 years 17:17 - Frugality and high savings 23:20 - Real estate and entrepreneurship 24:58 - Foreign real estate 26:46 - Best path to retirement for all individuals 32:31 - Financial freedom with kids 34:46 - Using Robo advisors such as Vanguard 37:06 - Real estate crowdfunding issues 40:40 - Problems once you’ve achieved success 43:10 - Unknown side of financial independence 50:33 - Diversifying and due diligence 53:46 - Passive vs. active investing 56:10 - Preparing for success 56:30 - Fun to hassle ratio    If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.

Todd Tresidder is a retired hedge fund manager turned money coach and financial blogger at <a href="http://financialmentor.com" rel="nofollow" target="_blank">Financialmentor.com</a>. He became financially independent at age 35 through investing and is still an active investor who earns consistent investment returns in both up and down markets. Todd has successfully helped over 15,000 people jumpstart their financial freedom and plan for early retirement. During the show, we will explore strategies much different than the traditional methods taught by many other financial experts. Todd will share his thoughts on Robo-advisors like Vanguard and real estate crowdfunding. We’ll also discuss the unknown side of financial independence and the problems you may face once you’ve achieved success. Links: <a href="https://financialmentor.com/" rel="nofollow" target="_blank">Financialmentor.com</a> <a href="https://twitter.com/Financialmentor" rel="nofollow" target="_blank">@Financialmentor</a> Where are we: Barcelona, Spain - Sam &amp; Johnny FD Lake Tahoe, Nevada - Todd Discussed: Article: <a href="https://financialmentor.com/retirement-planning/early-retirement/how-anyone-can-retire-in-10-years-or-less/5474" rel="nofollow" target="_blank"> How Anyone Can Retire in 10 Years or Less</a> Todd’s Course - <a href="https://financialmentor.com/educational-products/seven-steps-to-seven-figures" rel="nofollow" target="_blank"> 7 steps to 7 figures</a> Book: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here</a> – Recommended readings Time Stamps: 03:14 - Achieving wealth and early retirement 08:09 - Retiring in 10 years 17:17 - Frugality and high savings 23:20 - Real estate and entrepreneurship 24:58 - Foreign real estate 26:46 - Best path to retirement for all individuals 32:31 - Financial freedom with kids 34:46 - Using Robo advisors such as Vanguard 37:06 - Real estate crowdfunding issues 40:40 - Problems once you’ve achieved success 43:10 - Unknown side of financial independence 50:33 - Diversifying and due diligence 53:46 - Passive vs. active investing 56:10 - Preparing for success 56:30 - Fun to hassle ratio If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

54: How Anyone Can Retire in 10 Years or Less, with Todd Tresidder

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

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: <a href="https://www.youtube.com/user/LiljeqvistIvan" rel="nofollow" target="_blank">YouTube</a> Where we are: Johnny FD – Eastern Europe Sam – Hong Kong Ivan – Sweeden Books: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here</a> – 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

71: Bitcoin vs. Ethereum, and the Future of the Internet - Ivan on Tech

Ben Miller

Ben Miller is the Co-founder and CEO of one of the hottest new investment products available today – Fundrise. Their platform gives unaccredited investors the opportunity to invest directly in big property deals with as little as $1,000. By being a low cost model and required to pay out 90% of income, their eREIT provides high yielding returns to investors on a quarterly basis. Ben comes on the show to discuss his 17 years of real estate and tech experience and how the combination of that skills has lead to the creation of Fundrise.  This episode goes into extensive detail around all forms of real estate investing and will appeal to anyone who is interested on the broader category.  **disclosure, Sam is currently invested in their Growth eREIT Relevant links for guest:  Ben’s Twitter – http://twitter.com/BenMillerise  Where are we: Ben Miller: Washington DC. Sam: Singapore  Recommended:  Rich Dad Poor Dad Invest in Fundrise with as little as $1,000 Discussed (relevant links):  Vanguard REIT – Senior Property Housing Trust MAPLE TREE INDUSTRIAL Trust  iShares REIT  JOBS ACT Time Stamp – Topic: 05:45 – What Fundrise is 06:30 – What is a eREIT? 07:50 – Difference in income REIT and growth REIT 09:00 – Ben’s 17 years of experience in Real Estate 12:30 – Getting great mortgage rates 13:10 – Surviving downturns in property and stock markets 14:30 – The appeal of REITs as a cash flow investment 15:15 – Fundrise vs a public REIT 17:00 – How many properties will the REITs invest in 19:30 – Investment windows for Fundrise 22:30 – FAT built into public REITs 23:00 – Finding high yielding REITs 23:45 – Find properties to add to the eREITs 26:00 – Fundrise vs. big institutions 26:00 – Managing property operators 26:30 – What markets do you find hot? 27:30 – Why being small gives you an advantage 30:00 – REITs paying out 90% of income 32:30 – Investing for non accredited investors 32:45 – The JOBS Act relevance to Fundrise 35:45 – Minimum investments and average investor 38:00 – Can non US citizens invest through Fundrise 40:00 – When do REITs cap out? 42:30 – Appreciate / depreciation potential 44:15 – Valuing the REITs each quarter by a 3rd party 48:20 – What is an ideal length of time to invest in a REIT? 50:30 – Listener questions 53:30 – Owning Fundrise vs. buying an investment property 57:45 – What happens if Fundrise gets nuked 58:05 – Find out more about Fundrise Invest in Fundrise with as little as $1,000 with this invest If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.

Ben Miller is the Co-founder and CEO of one of the hottest new investment products available today – Fundrise. Their platform gives unaccredited investors the opportunity to invest directly in big property deals with as little as $1,000. By being a low cost model and required to pay out 90% of income, their eREIT provides high yielding returns to investors on a quarterly basis. Ben comes on the show to discuss his 17 years of real estate and tech experience and how the combination of that skills has lead to the creation of Fundrise.  This episode goes into extensive detail around all forms of real estate investing and will appeal to anyone who is interested on the broader category.  **disclosure, Sam is currently invested in their Growth eREIT Relevant links for guest:  Ben’s Twitter – <a href="http://twitter.com/BenMillerise" rel="nofollow" target="_blank">http://twitter.com/BenMillerise</a> Where are we: Ben Miller: Washington DC. Sam: Singapore  Recommended:  <a href="http://investlikeaboss.com/richdadpoordad" rel="nofollow" target="_blank">Rich Dad Poor Dad</a> <a href="http://investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Invest in Fundrise with as little as $1,000</a> Discussed (relevant links): <a href="https://personal.vanguard.com/us/funds/snapshot?FundId=5123&amp;FundIntExt=INT" rel="nofollow" target="_blank"> Vanguard REIT</a> – Senior Property Housing Trust <a href="http://www.mapletreeindustrialtrust.com/" rel="nofollow" target="_blank">MAPLE TREE INDUSTRIAL Trust</a> <a href="https://www.ishares.com/us/products/268752/ishares-global-reit-etf" rel="nofollow" target="_blank"> iShares REIT</a> <a href="https://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startups_Act" rel="nofollow" target="_blank"> JOBS ACT</a> Time Stamp – Topic: 05:45 – What Fundrise is 06:30 – What is a eREIT? 07:50 – Difference in income REIT and growth REIT 09:00 – Ben’s 17 years of experience in Real Estate 12:30 – Getting great mortgage rates 13:10 – Surviving downturns in property and stock markets 14:30 – The appeal of REITs as a cash flow investment 15:15 – Fundrise vs a public REIT 17:00 – How many properties will the REITs invest in 19:30 – Investment windows for Fundrise 22:30 – FAT built into public REITs 23:00 – Finding high yielding REITs 23:45 – Find properties to add to the eREITs 26:00 – Fundrise vs. big institutions 26:00 – Managing property operators 26:30 – What markets do you find hot? 27:30 – Why being small gives you an advantage 30:00 – REITs paying out 90% of income 32:30 – Investing for non accredited investors 32:45 – The JOBS Act relevance to Fundrise 35:45 – Minimum investments and average investor 38:00 – Can non US citizens invest through Fundrise 40:00 – When do REITs cap out? 42:30 – Appreciate / depreciation potential 44:15 – Valuing the REITs each quarter by a 3rd party 48:20 – What is an ideal length of time to invest in a REIT? 50:30 – Listener questions 53:30 – Owning Fundrise vs. buying an investment property 57:45 – What happens if Fundrise gets nuked 58:05 – Find out more about Fundrise <a href="http://investlikeaboss.com/fundrise" rel="nofollow" target="_blank">Invest in Fundrise with as little as $1,000 with this invest</a> If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2016. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

12: Real Estate Investing with Fundrise CEO Ben Miller

Phil Town

Phil Town is an investor, motivational speaker, hedge fund manager and 2x New York Times best-selling author. Through Rule #1 Investing, he teaches personal investing at a free 3-day workshop where he empowers people to invest money on their own and stop relying on fund managers to determine their financial future.  Phil started in the U.S special forces and worked as a Grand Canyon river guide up until 1980. He fell into finance in such a unique way and managed to turn $1,000 into over $1 million in just 5 years. Find out how Phil's methods contributed to all of his success in life and investing.   Links: Linkedin Facebook @Rule1_Investing &gt;Phil’s 3-Day Transformational Investing Workshop   Where are we: Barcelona - Sam &amp; Johnny FD Atlanta - Phil   Discussed: ILAB 50 –  Wealthfront CEO Andy Rachleff, Investing the Robo Way Invested: The Rule #1 Podcast is LIVE. Here Are Episodes 00-03   Book: Start Here    Time Stamps: 03:17 - Serving in the green Barrett 04:17 - Exploring East Coast of United States 08:18 - Rafting guide in the Grand Canyon 09:38 - Making the first million 12:10 - Meditating with family 20:39 - Investing before the internet 26:28 - Modern Portfolio Theory 29:37 - The number one rule of investing 32:53 - Is accessibility to the market bad? 35:55 - Buying in a depressed market 38:31 - Should you play the market crash? 41:56 - The 4 investing principles 42:54 - Learning from people like Warren Buffett 55:23 - Snapchat investing opportunity 1:00:24 - Do you need a financial advisor? 1:05:04 - Risky investment portfolios 1:06:13 - Facebook stock value 1:07:35 - Managing a work-life balance   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!Copyright 2017. All rights reserved. Read our disclaimer here.

Phil Town is an investor, motivational speaker, hedge fund manager and 2x New York Times best-selling author. Through Rule #1 Investing, he teaches personal investing at a free 3-day workshop where he empowers people to invest money on their own and stop relying on fund managers to determine their financial future.  Phil started in the U.S special forces and worked as a Grand Canyon river guide up until 1980. He fell into finance in such a unique way and managed to turn $1,000 into over $1 million in just 5 years. Find out how Phil's methods contributed to all of his success in life and investing. Links: <a href="https://www.linkedin.com/in/philtown/" rel="noopener noreferrer nofollow" target="_blank">Linkedin</a> <a href="https://www.facebook.com/rule1investing" rel="noopener noreferrer nofollow" target="_blank">Facebook</a> <a href="https://twitter.com/Rule1_Investing" rel="nofollow" target="_blank">@Rule1_Investing</a> &gt;<a href="http://www.ruleoneinvesting.com/ILAB" rel="noopener noreferrer nofollow" target="_blank">Phil’s 3-Day Transformational Investing Workshop</a> Where are we: Barcelona - Sam &amp; Johnny FD Atlanta - Phil Discussed: ILAB 50 – <a href="http://investlikeaboss.com/ilab-50-wealthfront-ceo-andy-rachleff-investing-robo-way/" rel="nofollow" target="_blank"> Wealthfront CEO Andy Rachleff, Investing the Robo Way</a> Invested: <a href="http://www.ruleoneinvesting.com/blog/podcast/invested-the-rule-1-podcast-is-live-here-are-episodes-00-03/" rel="noopener noreferrer nofollow" target="_blank">The Rule #1 Podcast is LIVE. Here Are Episodes 00-03</a> Book: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here </a> Time Stamps: 03:17 - Serving in the green Barrett 04:17 - Exploring East Coast of United States 08:18 - Rafting guide in the Grand Canyon 09:38 - Making the first million 12:10 - Meditating with family 20:39 - Investing before the internet 26:28 - Modern Portfolio Theory 29:37 - The number one rule of investing 32:53 - Is accessibility to the market bad? 35:55 - Buying in a depressed market 38:31 - Should you play the market crash? 41:56 - The 4 investing principles 42:54 - Learning from people like Warren Buffett 55:23 - Snapchat investing opportunity 1:00:24 - Do you need a financial advisor? 1:05:04 - Risky investment portfolios 1:06:13 - Facebook stock value 1:07:35 - Managing a work-life balance If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>!Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

52: The # 1 Rule of Investing, with Phil Town

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 &amp; Johnny – Kilkenny Ireland @  The Work Junction Coworking MJ DeMarco – Phoenix, Arizona Books: &gt; (NEW!) UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship &gt; 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 &amp; 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.

MJ DeMarco is the current founder of <a href="https://www.viperionpublishing.com/" rel="nofollow" target="_blank">Viperion Publishing Corp</a>., a media company focused on online and print content distribution. He also is admin/founder for <a href="https://www.thefastlaneforum.com/community/" rel="nofollow" target="_blank">The Fastlane Forum</a>, the webs' leading destination forum for start-up, finance, and entrepreneurial business discussions. He was the former start-up Founder/CEO of <a href="http://www.limos.com/" rel="nofollow" target="_blank">Limos.com</a>, 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: <a href="http://www.mjdemarco.com/" rel="nofollow" target="_blank">Mjdemarco.com</a> <a href="https://twitter.com/MJDeMarco?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank"> @MJDeMarco</a> <a href="https://www.linkedin.com/in/mjdemarco/" rel="nofollow" target="_blank">LinkedIn</a> Where are we: Sam &amp; Johnny – Kilkenny Ireland @ <a href="https://www.coworker.com/ireland/kilkenny/new-work-junction" rel="nofollow" target="_blank"> The Work Junction Coworking</a> MJ DeMarco – Phoenix, Arizona Books: &gt; (NEW!) <a href="http://investlikeaboss.com/unscripted" rel="nofollow" target="_blank">UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship</a> &gt; <a href="http://investlikeaboss.com/millionairefastlane" rel="nofollow" target="_blank">The Millionaire FASTLANE</a> 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 &amp; 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 <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

57: MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In

Frank Valencia

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.

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: <a href="https://www.bongopm.com/" rel="nofollow" target="_blank">Bongopm.com</a> 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 <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

89: AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia

Kirk Du Plessis

Kirk Du Plessis is the founder of Option Alpha, an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is responsible for everything from maintaining the business model, revenue strategies, marketing, strategic partnerships with brokers, writing, design, and website development. During the show, Kirk will cover options strategies, risk management, trading psychology, option pricing and portfolio allocation. You'll learn how other make this a full-time income including ways to optimize the process. Listen to the end to hear the best trading platforms plus Kirk personal investments.   Links: LinkedIn Optionalpha.com Optionalpha.com/toolbox  (Software)   Where we are: Sam - Asia Johnny FD - Ukraine Kirk - East Coast USA   Discussed:  ILAB 57 – MJ DeMarco – What the Unscripted &amp; Millionaire Fastlane Author Himself Invests In  ILAB 54 – How Anyone Can Retire in 10 Years or Less, with Todd Tresidder Try Freshbooks Free   Books: Start Here – Recommended readings   Time Stamps: 04:35 - Brief background 09:26 - Trading and running OptionAlpha 12:40 - Risks in Forex and options 15:01 - Common options 17:27 - Being a full-time investor 20:54 - Selling option contracts 24:22 - Leveraging methods 30:19 - Generating 6k per month 37:31 - Optimizing through software 42:52 - Win rate preference when trading 47:38 - Best trading platforms 49:51 - Kirk personal investments 56:47 - Buying index funds of VTI   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.

Kirk Du Plessis is the founder of <a href="https://optionalpha.com/" rel="nofollow" target="_blank">Option Alpha</a>, an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is responsible for everything from maintaining the business model, revenue strategies, marketing, strategic partnerships with brokers, writing, design, and website development. During the show, Kirk will cover options strategies, risk management, trading psychology, option pricing and portfolio allocation. You'll learn how other make this a full-time income including ways to optimize the process. Listen to the end to hear the best trading platforms plus Kirk personal investments. Links: <a href="https://www.linkedin.com/in/kirkduplessis" rel="nofollow" target="_blank">LinkedIn</a> <a href="http://www.optionalpha.com" rel="nofollow" target="_blank">Optionalpha.com</a> <a href="https://optionalpha.com/toolbox" rel="nofollow" target="_blank">Optionalpha.com/toolbox</a>  (Software) Where we are: Sam - Asia Johnny FD - Ukraine Kirk - East Coast USA Discussed: <a href="http://investlikeaboss.com/ilab-57-mj-demarco-unscripted-millionaire-fastlane-author-invests/" rel="nofollow" target="_blank"> ILAB 57 – MJ DeMarco – What the Unscripted &amp; Millionaire Fastlane Author Himself Invests In</a> <a href="http://investlikeaboss.com/ilab-54-anyone-can-retire-10-years-less-todd-tresidder/" rel="nofollow" target="_blank"> ILAB 54 – How Anyone Can Retire in 10 Years or Less, with Todd Tresidder</a> <a href="https://freshbooks.com/invest" rel="nofollow" target="_blank">Try Freshbooks Free</a> Books: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here</a> – Recommended readings Time Stamps: 04:35 - Brief background 09:26 - Trading and running OptionAlpha 12:40 - Risks in Forex and options 15:01 - Common options 17:27 - Being a full-time investor 20:54 - Selling option contracts 24:22 - Leveraging methods 30:19 - Generating 6k per month 37:31 - Optimizing through software 42:52 - Win rate preference when trading 47:38 - Best trading platforms 49:51 - Kirk personal investments 56:47 - Buying index funds of VTI If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

64: Trading Options Full Time: $0 - $100K Annually with Kirk Du Plessis

Richard Wilson

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:  Centimillionaires.com FamilyOffices.com    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.

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: <ul> <li>Johnny FD – Mexico</li> <li>Sam Marks – North Carolina</li> </ul> Links: <ul> <li><a href="https://centimillionaires.com/" rel="nofollow" target="_blank">Centimillionaires.com</a></li> <li><a href="https://familyoffices.com/" rel="nofollow" target="_blank">FamilyOffices.com</a></li> </ul> Time Stamps: <ul> <li>7:05 – What is a family office?</li> <li>7:24 – “The richer you are, the busier you are” – Richard Wilson</li> <li>8:04 – Why do the ultra-wealthy need a family office?</li> <li>8:35 – How much worth are people with family offices?</li> <li>12:06 – Managing assets and lifestyle of the ultra-wealthy</li> <li>14:46 – Building a team for the family office</li> <li>16:19 – Financial planning for investments</li> <li>18:26 – Outsourcing of $50M vs. $100M net worth families</li> <li>21:03 – Who are the Centimillionaires?</li> <li>23:41 – What he learned while working in a family office for years</li> <li>27:02 – Do the ultra-wealthy still desire for growth?</li> <li>31:55 – Important notes in wealth generation</li> <li>32:20 – “It’s not just you work hard and you become ultra-wealthy” – Richard Wilson</li> <li>33:33 – Maintaining assets of rich people</li> <li>34:51 – Common mistakes of the ultra-wealthy</li> <li>35:39 – “Some reasonable plan can help keep things in check” – Richard Wilson</li> <li>36:08 – What to expect from Family Office Club?</li> </ul> If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>!  Copyright 2019. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson

Chris Dunn

Chris Dunn is a world-renowned entrepreneur, investor, and educator. He has unique expertise in crypto-currencies that he developed off a background in day trading.  He uses this powerful medium to profit off trades in Bitcoin and other crypto-currencies as well as direct investments in Fin-tech start-ups.  Chris joins us from his base in Austin, Texas to give us his perspective on how the average investor may look to play Bitcoin, what the risks are, how to acquire and store digital coins, and what the future may look like. It is an eye-opening episode and a great intro to the new and complicated category of crypto-currencies.   Chris's Links: Website: Chris Dunn Company: Skill Incubator Twitter: @ChrisDunnTV   Discussed: ILAB 19: Simon Black – Finding Outsized Returns Off the Beaten Path Crypto-Currency Market Capitalizations: Coin Market Cap   Book: Harry Dent: The Sale of a Lifetime   Show Notes: 03:15 - Skill Incubator 04:30 - Traveling 60+ cities 06:16 - Austin Texas 07:11 - Video Podcasting 08:30 - What is Bitcoin &amp; Cryptocurrencies? 12:03 - Blockchain 12:20 - Value of Bitcoin 15:32 - Invest and save capital 18:18 - Flaws and drawbacks 22:10 - Daily exchange and taxes 25:15 - Making a profit 24:48 - Where to buy 30:47 - Public and private key 35:23 - Coinbase 36:10 - Proper trading 39:13 - First-time investment experience 43:40 - Competitors &amp; market caps 46:24 - Gold &amp; precious metals 50:49 - Johnny’s Bitcoin investment 52:42 - How Sam lost $30,000 55:37 - Tesla downpayment 56:08 - Accepting Bitcoin for digital product 57:25 - Banks, large bills &amp; paper money 1:01:00 - Amazon coin 1:05:42 - Paypal’s rolling reserve   If you enjoyed this episode, do us a favor and share it! 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.

Chris Dunn is a world-renowned entrepreneur, investor, and educator. He has unique expertise in crypto-currencies that he developed off a background in day trading.  He uses this powerful medium to profit off trades in Bitcoin and other crypto-currencies as well as direct investments in Fin-tech start-ups.  Chris joins us from his base in Austin, Texas to give us his perspective on how the average investor may look to play Bitcoin, what the risks are, how to acquire and store digital coins, and what the future may look like. It is an eye-opening episode and a great intro to the new and complicated category of crypto-currencies. Chris's Links: Website: <a href="https://chrisdunn.com/" rel="nofollow" target="_blank">Chris Dunn</a> Company: <a href="https://skillincubator.com/" rel="nofollow" target="_blank">Skill Incubator</a> Twitter: <a href="https://twitter.com/ChrisDunnTV" rel="nofollow" target="_blank">@ChrisDunnTV</a> Discussed: ILAB 19: <a href="http://investlikeaboss.com/simon-black-finding-outsized-returns-off-the-beaten-path/" rel="nofollow" target="_blank">Simon Black – Finding Outsized Returns Off the Beaten Path</a> Crypto-Currency Market Capitalizations: <a href="https://coinmarketcap.com/" rel="nofollow" target="_blank">Coin Market Cap</a> Book: Harry Dent: <a href="http://investlikeaboss.com/salelifetime" rel="nofollow" target="_blank">The Sale of a Lifetime</a> Show Notes: 03:15 - Skill Incubator 04:30 - Traveling 60+ cities 06:16 - Austin Texas 07:11 - Video Podcasting 08:30 - What is Bitcoin &amp; Cryptocurrencies? 12:03 - Blockchain 12:20 - Value of Bitcoin 15:32 - Invest and save capital 18:18 - Flaws and drawbacks 22:10 - Daily exchange and taxes 25:15 - Making a profit 24:48 - Where to buy 30:47 - Public and private key 35:23 - Coinbase 36:10 - Proper trading 39:13 - First-time investment experience 43:40 - Competitors &amp; market caps 46:24 - Gold &amp; precious metals 50:49 - Johnny’s Bitcoin investment 52:42 - How Sam lost $30,000 55:37 - Tesla downpayment 56:08 - Accepting Bitcoin for digital product 57:25 - Banks, large bills &amp; paper money 1:01:00 - Amazon coin 1:05:42 - Paypal’s rolling reserve If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

38: Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit

Brian Jimerson, founder of Art of FX learned how to trade foreign exchange currency while homeless and living in his car. It was there while stealing Wi-Fi from Panera Bread he made his first million dollars with FX trading. In this episode we talk about how ForEx can for everyone, how Sam Marks got 30% returns last year when all of his other returns were flat, and how using leverage will maximum your return on investment. We also talk about the actual time and hard work it requires to make up to 200 trades per day and overcome a loss of $1 Million dollars. Where are we: Bangkok, Thailand (Brian’s Penthouse) What we are drinking:  Johnny Walker Platinum Label  Relevant links for guest: Brains Website: Art of FX Live Trade – Trading View Wealthfront     Time Stamp  Topic    (00:01:18)  What is ForEx Trading    (00:01:50)

Brian Jimerson, founder of Art of FX learned how to trade foreign exchange currency while homeless and living in his car. It was there while stealing Wi-Fi from Panera Bread he made his first million dollars with FX trading. In this episode we talk about how ForEx can for everyone, how Sam Marks got 30% returns last year when all of his other returns were flat, and how using leverage will maximum your return on investment. We also talk about the actual time and hard work it requires to make up to 200 trades per day and overcome a loss of $1 Million dollars. Where are we: Bangkok, Thailand (Brian’s Penthouse) What we are drinking: <a href="https://www.johnniewalker.com/en/our-whisky/johnnie-walker-colours/platinum-label-18-year-old/" rel="nofollow" target="_blank"> Johnny Walker Platinum Label </a> Relevant links for guest: Brains Website: <a href="https://artoffx.com/about" rel="nofollow" target="_blank">Art of FX</a> Live Trade – <a href="https://www.tradingview.com/u/Art%20of%20FX/" rel="nofollow" target="_blank">Trading View</a> <a href="http://investlikeaboss.com/wealthfront" rel="nofollow" target="_blank">Wealthfront</a> Time Stamp Topic (00:01:18) What is ForEx Trading (00:01:50)

03: Foreign Exchange Trading with Brian from Art of FX

Ted Rossman is an Industry Analyst at CreditCards.com and writes the "Wealth and Wants" column. He has seven years of experience in the credit card and personal finance industries as a member of the award-winning communications department at CreditCards.com and its sister sites, The Points Guy and Bankrate. During the episode, Ted gives away the tricks and tips in choosing the perfect credit card that will suit your lifestyle. Since credit cards are used by most of the people, understanding its use is of great benefit. He explains how credit score works and what its associations are. He also helps us understand the credit points, reward redemptions, and credit bonuses for different people with different needs. This is surely an episode we all can relate to!   Links:  CreditCards.com    Where we are:  Sam - Tampa, Florida Johnny FD - La, California Ted - New York City    Time Stamps:  05:13 – How he got involved in the Credit Card Industry 07:33 – The impact of applying more credit cards to your credit score 10:50 – Tricks in improving credit scores 103:36 – Negative information and its impact on credit score 15:42 – Monitoring credit report 19:34 – Best credit score 21:02 – Major considerations in choosing a credit card 22:23 – Reward redemption and credit points 31:18 – Point redemption and bonuses 39:33 – Cards for travelers 41:23 – Matching your cards to your lifestyle 47:30 – The Best card with no annual fee 52:45 – Improvements and trends in the credit card industry 56:11 - Juggling multiple credit cards 57:13  - Priority Pass hacks 01:01:00 - Riding Bird Electric Scooters in LA 01:02:54 - Flying from credit card points and flyer miles 01:04:44 - What credit cards are in Johnny FD's and Sam wallet? 01:08:28 - Going down 100 points on Sam's credit score    If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.

Ted Rossman is an Industry Analyst at <a href="http://CreditCards.com" rel="nofollow" target="_blank">CreditCards.com</a> 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 <a href="http://CreditCards.com" rel="nofollow" target="_blank">CreditCards.com</a> 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: <ul> <li><a href="https://www.creditcards.com/" rel="nofollow" target="_blank">CreditCards.com</a></li> </ul> Where we are: <ul> <li>Sam - Tampa, Florida</li> <li>Johnny FD - La, California</li> <li>Ted - New York City</li> </ul> Time Stamps: <ul> <li>05:13 – How he got involved in the Credit Card Industry</li> <li>07:33 – The impact of applying more credit cards to your credit score</li> <li>10:50 – Tricks in improving credit scores</li> <li>103:36 – Negative information and its impact on credit score</li> <li>15:42 – Monitoring credit report</li> <li>19:34 – Best credit score</li> <li>21:02 – Major considerations in choosing a credit card</li> <li>22:23 – Reward redemption and credit points</li> <li>31:18 – Point redemption and bonuses</li> <li>39:33 – Cards for travelers</li> <li>41:23 – Matching your cards to your lifestyle</li> <li>47:30 – The Best card with no annual fee</li> <li>52:45 – Improvements and trends in the credit card industry</li> <li>56:11 - Juggling multiple credit cards</li> <li>57:13  - Priority Pass hacks</li> <li>01:01:00 - Riding Bird Electric Scooters in LA</li> <li>01:02:54 - Flying from credit card points and flyer miles</li> <li>01:04:44 - What credit cards are in Johnny FD's and Sam wallet?</li> <li>01:08:28 - Going down 100 points on Sam's credit score</li> </ul> If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

102: Understanding Credit Score and Comparing the Best Credit Cards

Michael Foster, the ‘CEF Professor’ from Contrarian Outlook, joins us for another episode to explain how to use municipal bonds to scale your tax-free income.  During this episode, you'll find out how to buy municipal bonds, determine if you should buy an individual muni bond, and understand the risk levels of the entire process. You'll learn how a municipal CEF operates, what tools to use, and how interest rates impact closed end funds. Listen to the end to hear Michael's top three muni funds and what Sam and Johnny Invest into themselves.   Links: Contrarianoutlook.com The CEF Newsletter   Where are we: Sam/Michael  - Bangkok Johnny - Ukraine   Recommended: Link to the newsletter:  CEF Insider   2 Recent Articles on Municipal Bonds:  The Shockingly Common Mistake That’s Costing You Thousands  These 6%+ Yielders Are a Screaming Bargain   The muni funds recommendations discussed: Neuberger Berman New York Intermediate Municipal Fund (NBO) Nuveen New Jersey Quality Municipal Income Fund (NXJ) Pioneer Municipal High Income Trust (MHI) CEFconnect.com   Discussed: ILAB 63 –  Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster     Books: Start Here – Recommended Reading   Time Stamps: 06:09 - Are muni bonds boring? 07:27 - Why others invest in muni bonds? 09:01 - Tax considerations 10:02 - Three ways to buy municipal bonds 10:40 - Should you buy an individual muni bond? 13:00 - How does a municipal CEF operate? 15:25 - Average cap size 17:10 - Close end funds and rising interest rates 23:03 - Market trends and sell off 25:15 - Tools, software, and historical returns 26:59 - What is the risk level? 27:06 - Default rates 29:29 - California, New Jersey, Illinois 34:46 - Should you worry about fees? 38:55 - Recommended muni funds 48:42 - Investing in muni bonds 57:36 - Wealthfront investments   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.

Michael Foster, the ‘CEF Professor’ from <a href="https://contrarianoutlook.com/" rel="nofollow" target="_blank">Contrarian Outlook,</a> 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: <a href="https://contrarianoutlook.com/" rel="nofollow" target="_blank">Contrarianoutlook.com</a> <a href="https://contrarianoutlook.com/secure-fast-gains-cefs/WEB1" rel="nofollow" target="_blank">The CEF Newsletter</a> Where are we: Sam/Michael  - Bangkok Johnny - Ukraine Recommended: Link to the newsletter: <a href="https://contrarianoutlook.com/secure-fast-gains-cefs/NR-ILAB0817CEFI" rel="nofollow" target="_blank"> CEF Insider</a> 2 Recent Articles on Municipal Bonds: <a href="https://contrarianoutlook.com/the-shockingly-common-mistake-thats-costing-you-thousands/" rel="nofollow" target="_blank"> The Shockingly Common Mistake That’s Costing You Thousands</a> <a href="https://contrarianoutlook.com/these-6-yielders-are-a-screaming-bargain/" rel="nofollow" target="_blank"> These 6%+ Yielders Are a Screaming Bargain</a> 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) <a href="https://www.cefconnect.com/" rel="nofollow" target="_blank">CEFconnect.com</a> Discussed: ILAB 63 – <a href="http://investlikeaboss.com/ilab-63-talking-cefs-9-9-yield-cef-professor-michael-foster/" rel="nofollow" target="_blank"> Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster</a> <a href="https://freshbooks.com/invest" rel="nofollow" target="_blank"></a> Books: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here</a> – 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 <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

68: Municipal Bonds, How Insiders Scale Their Tax Free Income

Andy Rachleff

Andy Rachleff is not only a veteran in finance, he is also a pioneer in modern investing. Wealthfront is due more than their fair share of pioneering and innovating Rob-advisors, and helping millions of people start investing in the market in a smarter, more efficient way. At the time of this episode, Wealthfront is managing over $5.5 Billion for all types of investors from beginners to high net worth individuals. Robo-Advisors (or automated investing as Andy prefers to call it) have been sweeping the finance sector making it easy and transparent to invest in the market. On this episode, we get to tap into Andy’s nearly 4 decades of experience in finance and investing, explore efficiencies in the Wealthfront platform, and see who Robo-Advisors are a good investing instrument for.    Links: Linkedin @arachleff &gt;Try Wealthfront – Get $15,000 managed Free Where are we: South Carolina - SamNorthern California - AndyBali - Johnny FD Discussed:  If you like vanguard, you’ll love Wealthfront   Book: A Random Walk Down Wall Street - Burton G. Malkiel Time Stamps: 02:52 - From VC to entrepreneur05:02 - A tip to outperform the market 06:55 - Financial advisors08:54 - Choosing fund and ETFs14:23 - Artificial Intelligence usagexxx20:41 - Three ways you can control the market25:31 - Time-weighted return vs money weighted return29:01 - Passive investing33:05 - Robo-advisors market share35:02 - Software based auto advisors39:17 - Is there a future for traditional advisors?42:30 - Tax loss harvesting44:50 - Lump sum or dollar cost averaging46:55 - Time-weighted return vs money weighted return51:00 - Is Robo-advisory right for you? If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.

Andy Rachleff is not only a veteran in finance, he is also a pioneer in modern investing. Wealthfront is due more than their fair share of pioneering and innovating Rob-advisors, and helping millions of people start investing in the market in a smarter, more efficient way. At the time of this episode, Wealthfront is managing over $5.5 Billion for all types of investors from beginners to high net worth individuals. Robo-Advisors (or automated investing as Andy prefers to call it) have been sweeping the finance sector making it easy and transparent to invest in the market. On this episode, we get to tap into Andy’s nearly 4 decades of experience in finance and investing, explore efficiencies in the Wealthfront platform, and see who Robo-Advisors are a good investing instrument for. Links: <a href="https://www.linkedin.com/in/rachleff/" rel="nofollow" target="_blank">Linkedin</a> <a href="https://twitter.com/arachleff" rel="nofollow" target="_blank">@arachleff</a> &gt;Try Wealthfront – <a href="http://investlikeaboss.com/wealthfront" rel="nofollow" target="_blank">Get $15,000 managed Free</a> Where are we: South Carolina - SamNorthern California - AndyBali - Johnny FD Discussed: <a href="https://blog.wealthfront.com/vanguard-versus-wealthfront/" rel="nofollow" target="_blank"> If you like vanguard, you’ll love Wealthfront</a> Book: <a href="http://investlikeaboss.com/randomwalkdownwallstreet" rel="nofollow" target="_blank">A Random Walk Down Wall Street</a> - Burton G. Malkiel Time Stamps: 02:52 - From VC to entrepreneur05:02 - A tip to outperform the market 06:55 - Financial advisors08:54 - Choosing fund and ETFs14:23 - Artificial Intelligence usagexxx20:41 - Three ways you can control the market25:31 - Time-weighted return vs money weighted return29:01 - Passive investing33:05 - Robo-advisors market share35:02 - Software based auto advisors39:17 - Is there a future for traditional advisors?42:30 - Tax loss harvesting44:50 - Lump sum or dollar cost averaging46:55 - Time-weighted return vs money weighted return51:00 - Is Robo-advisory right for you? If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

50: Wealthfront CEO Andy Rachleff, Investing the Robo Way

Co-hosts Johnny and Sam are entrepreneurs and investors who share their investment strategies and experiences to all the listeners. This episode is an overview of index fund allocation combined with personal recommendations, understanding from influential books, and insights from the experts. On this episode, Johnny and Sam explain the basics of index funds, stocks, and asset allocation. They discuss investment strategies which helps investors balance their portfolio while minimizing risks. They also talk about fundamental considerations when starting index fund investing, basic asset allocation modeling, and portfolio building. They also present the Buy-and-Hold Portfolio of several investment authorities that will surely help you decide what asset allocation model is perfect for you.   Where we are: Johnny – Thailand Sam – U.S.A.   Links:  3 Investment Gurus Share Their Model Portfolios  The All Seasons Portfolio (Aka The Tony Robbins Portfolio)  The ultimate buy-and-hold portfolio Paulmerriman.com/vanguard/ Paulmerriman.com/whats-wrong-vanguard-small-cap-value/   Books: MONEY Master the Game Unshakeable   Discussed:  ILAB 15 – Meb Faber on Building The All Seasons Portfolio   Time Stamps: 03:14 – What is Asset Allocation? 04:11 – Modeling portfolio 08:58 – Most basic asset allocation model 11:25 – How diversification works? 15:22 – Buy-and-Hold 17:06 – Experts buy-and-hold portfolio 21:38 – What to choose for your portfolio? 29:04 – Stocks vs. Bonds 30:26 – Definition of terms 32:43 – Tax implications 35:13 – Recommendations on how to get started 37:24 – Johnny’s wealthfront portfolio 38:05 – Sam’s wealthfront portfolio 40:11 – Wealthfront 51:23 – Sam’s investments/asset allocation 56:17 – Johnny’s investments/asset allocation 58:38 – Considerations in asset allocation model   If you enjoyed this episode, do us a favor and share it! 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.

Co-hosts Johnny and Sam are entrepreneurs and investors who share their investment strategies and experiences to all the listeners. This episode is an overview of index fund allocation combined with personal recommendations, understanding from influential books, and insights from the experts. On this episode, Johnny and Sam explain the basics of index funds, stocks, and asset allocation. They discuss investment strategies which helps investors balance their portfolio while minimizing risks. They also talk about fundamental considerations when starting index fund investing, basic asset allocation modeling, and portfolio building. They also present the Buy-and-Hold Portfolio of several investment authorities that will surely help you decide what asset allocation model is perfect for you. Where we are: Johnny – Thailand Sam – U.S.A. Links: <a href="http://www.npr.org/2015/10/17/436993646/three-investment-gurus-share-their-model-portfolios" rel="nofollow" target="_blank"> 3 Investment Gurus Share Their Model Portfolios</a> <a href="http://www.npr.org/2015/10/17/436993646/three-investment-gurus-share-their-model-portfolios" rel="nofollow" target="_blank"> The All Seasons Portfolio (Aka The Tony Robbins Portfolio)</a> <a href="http://www.npr.org/2015/10/17/436993646/three-investment-gurus-share-their-model-portfolios" rel="nofollow" target="_blank"> The ultimate buy-and-hold portfolio</a> <a href="http://paulmerriman.com/vanguard/" rel="nofollow" target="_blank">Paulmerriman.com/vanguard/</a> <a href="http://paulmerriman.com/whats-wrong-vanguard-small-cap-value/" rel="nofollow" target="_blank">Paulmerriman.com/whats-wrong-vanguard-small-cap-value/</a> Books: <a href="http://investlikeaboss.com/moneymaster" rel="nofollow" target="_blank">MONEY Master the Game</a> <a href="http://investlikeaboss.com/unshakeable" rel="nofollow" target="_blank">Unshakeable</a> Discussed: <a href="http://investlikeaboss.com/ilab-15-meb-faber-on-building-the-all-seasons-portfolio/" rel="nofollow" target="_blank"> ILAB 15 – Meb Faber on Building The All Seasons Portfolio</a> Time Stamps: 03:14 – What is Asset Allocation? 04:11 – Modeling portfolio 08:58 – Most basic asset allocation model 11:25 – How diversification works? 15:22 – Buy-and-Hold 17:06 – Experts buy-and-hold portfolio 21:38 – What to choose for your portfolio? 29:04 – Stocks vs. Bonds 30:26 – Definition of terms 32:43 – Tax implications 35:13 – Recommendations on how to get started 37:24 – Johnny’s wealthfront portfolio 38:05 – Sam’s wealthfront portfolio 40:11 – Wealthfront 51:23 – Sam’s investments/asset allocation 56:17 – Johnny’s investments/asset allocation 58:38 – Considerations in asset allocation model If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

86: Index Fund Allocation Modeling with Johnny & Sam

Paul Merriman

Paul Merriman is an internationally recognized authority on mutual funds, index investing, asset allocation modelling and buy-and-hold strategies. He has over 50 years of investing and advising experience and we are stoked to be able to tap into his wealth of knowledge. Although Paul is “retired” he is as busy as ever, educating people of all ages on how to take investment decisions into their own hands. On this killer episode, we discuss one of his books “101 Investment Decisions Guaranteed to Change Your Financial Future” and break it down into the 12 top points. On each point, Paul explains the decision in detail and gives us advice on how to apply this practically to our own portfolios. This is a great episode for all levels of investing experience.   Relevant links: Pauls website - http://paulmerriman.com/   Recommended Books: Paul Merriman - 101 Investment Decisions Tony Robbins - Money Master of the Game   Discussed:  Five Steps to More Money, Less Risk and More Peace of Mind - https://youtu.be/P552ZhCxnrE   Time Stamp - Topic: 02:30 - Retirement home in Mexico 09:00 - How Paul started with finance 13:25 - Choosing to save vs. spend 20:26 - Making 16% interest on a CD 23:40 - Long term investing with stocks over bonds 29:40 - One stock vs. many stocks   33:20 - Stockbroker story selling 34:38 - Investing like a multi-millionaire 37:00 - Thoughts on Tony Robbins Money Master of the Game 40:15 - Personal picks or hire an expert 42:27 - Load funds vs. no-load funds   48:40 - Operating mutual funds with high expenses vs. low expenses   54:20 - High taxes, low taxes and no taxes with a Roth IRA / 401k 57:40 - Managing active and passive index funds 59:57 - Total market fund vs. Total market + value and small cap 1:02:30 - Using you select funds or target date funds 1:04:20 - 100% Target date funds vs. target date and adding small cap value 1:08:00 - Do you trust Wall Street, Main Street or University Street academics? 1:13:22 - Are international stocks necessary? 1:15:55 - Financial advisory hiring strategy 1:18:20 - Paul’s future asset allocation model

Paul Merriman is an internationally recognized authority on mutual funds, index investing, asset allocation modelling and buy-and-hold strategies. He has over 50 years of investing and advising experience and we are stoked to be able to tap into his wealth of knowledge. Although Paul is “retired” he is as busy as ever, educating people of all ages on how to take investment decisions into their own hands. On this killer episode, we discuss one of his books “101 Investment Decisions Guaranteed to Change Your Financial Future” and break it down into the 12 top points. On each point, Paul explains the decision in detail and gives us advice on how to apply this practically to our own portfolios. This is a great episode for all levels of investing experience. Relevant links: Pauls website - <a href="http://paulmerriman.com/" rel="nofollow" target="_blank">http://paulmerriman.com/</a> Recommended Books: Paul Merriman - <a href="http://investlikeaboss.com/101investmentdecisions" rel="nofollow" target="_blank">101 Investment Decisions</a> Tony Robbins - <a href="http://investlikeaboss.com/moneymaster" rel="nofollow" target="_blank">Money Master of the Game</a> Discussed:  Five Steps to More Money, Less Risk and More Peace of Mind - <a href="https://youtu.be/P552ZhCxnrE" rel="nofollow" target="_blank">https://youtu.be/P552ZhCxnrE</a> Time Stamp - Topic: 02:30 - Retirement home in Mexico 09:00 - How Paul started with finance 13:25 - Choosing to save vs. spend 20:26 - Making 16% interest on a CD 23:40 - Long term investing with stocks over bonds 29:40 - One stock vs. many stocks   33:20 - Stockbroker story selling 34:38 - Investing like a multi-millionaire 37:00 - Thoughts on Tony Robbins Money Master of the Game 40:15 - Personal picks or hire an expert 42:27 - Load funds vs. no-load funds   48:40 - Operating mutual funds with high expenses vs. low expenses   54:20 - High taxes, low taxes and no taxes with a Roth IRA / 401k 57:40 - Managing active and passive index funds 59:57 - Total market fund vs. Total market + value and small cap 1:02:30 - Using you select funds or target date funds 1:04:20 - 100% Target date funds vs. target date and adding small cap value 1:08:00 - Do you trust Wall Street, Main Street or University Street academics? 1:13:22 - Are international stocks necessary? 1:15:55 - Financial advisory hiring strategy 1:18:20 - Paul’s future asset allocation model

25: Paul Merriman: 12 Investment Decisions Guaranteed to Change Your Financial Future

Ace Chapman

Ace Chapman is an Investor Strategist who has bought and sold over thirty businesses and has helped his clients buy over one hundred businesses all over the world. He bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it, he then realized that there are more benefits in buying a business over starting one, which paved the way for his investment career. On this episode, Ace weighs the difference between buying a business and building a business. As an investor himself, he explains his approach to business that may help other investors generate the best returns. This is also an inspiring episode where he shares his amazing journey from being a college drop out to becoming a successful businessman.   Where we are:  Johnny FD – Mexico Sam Marks – Russia   Links:  AceChapman.com Ace’s Story  Masterworks.io - Join an exclusive community of blue-chip art investors   Time Stamps:  09:05 – Ace’s Story 17:43 – What are the businesses he has ownership of? 20:41 – Buying a business vs. building a business 24:00 – Categories of businesses he is into 25:09 – “Every time you go to a successful business and learn from an entrepreneur who made it to the other end against all odds, you can learn a lot.” – Ace Chapman 29:15 – Pros and Cons of online and offline businesses 40:44 – Financing strategies 47:21 – Where to go for financing 50:02 – The “snowball effect” 56:27 – “Thinking creatively about where to put your money and generate the best returns, that is the real goal.” – Ace Chapman 58:25 – His passive investments 40:03 – “I am definitely an investor” – Ace Chapman 1:00:32 – How to distinguish an investor from an entrepreneur 1:03:39 – Things to consider when buying a business    If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.

Ace Chapman is an Investor Strategist who has bought and sold over thirty businesses and has helped his clients buy over one hundred businesses all over the world. He bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it, he then realized that there are more benefits in buying a business over starting one, which paved the way for his investment career. On this episode, Ace weighs the difference between buying a business and building a business. As an investor himself, he explains his approach to business that may help other investors generate the best returns. This is also an inspiring episode where he shares his amazing journey from being a college drop out to becoming a successful businessman. Where we are: <ul> <li>Johnny FD – Mexico</li> <li>Sam Marks – Russia</li> </ul> Links: <ul> <li><a href="https://www.acechapman.com/" rel="nofollow" target="_blank">AceChapman.com</a></li> <li><a href="https://www.acechapman.com/aces-story/" rel="nofollow" target="_blank">Ace’s Story</a></li> <li><a href="https://www.masterworks.io/?utm_source=investlikeaboss&amp;utm_medium=podcast&amp;utm_campaign=ilab_ep_130&amp;utm_term=Invest%20Like%20a%20Boss%20Listeners" rel="nofollow" target="_blank"> Masterworks.io - Join an exclusive community of blue-chip art investors</a></li> </ul> Time Stamps: <ul> <li>09:05 – Ace’s Story</li> <li>17:43 – What are the businesses he has ownership of?</li> <li>20:41 – Buying a business vs. building a business</li> <li>24:00 – Categories of businesses he is into</li> <li>25:09 – “Every time you go to a successful business and learn from an entrepreneur who made it to the other end against all odds, you can learn a lot.” – Ace Chapman</li> <li>29:15 – Pros and Cons of online and offline businesses</li> <li>40:44 – Financing strategies</li> <li>47:21 – Where to go for financing</li> <li>50:02 – The “snowball effect”</li> <li>56:27 – “Thinking creatively about where to put your money and generate the best returns, that is the real goal.” – Ace Chapman</li> <li>58:25 – His passive investments</li> <li>40:03 – “I am definitely an investor” – Ace Chapman</li> <li>1:00:32 – How to distinguish an investor from an entrepreneur</li> <li>1:03:39 – Things to consider when buying a business</li> </ul> If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>!  Copyright 2019. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

132: Buying a Business vs. Starting a New One, with Ace Chapman

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.

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: <a href="https://www.linkedin.com/in/mike-murgio-2359615/" rel="nofollow" target="_blank">LinkedIn</a> Where are we: Sam Marks - Thailand Johnny FD - Ukraine Discussed: <a href="http://investlikeaboss.com/ilab-38-chris-dunn-bitcoin-crypto-currencies-and-how-to-profit/" rel="nofollow" target="_blank"> ILAB 38 – Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit</a> <a href="http://investlikeaboss.com/ilab-52-1-rule-investing-phil-town/" rel="nofollow" target="_blank">ILAB 52 – The # 1 Rule of Investing, with Phil Town</a> <a href="https://freshbooks.com/invest" rel="nofollow" target="_blank">Try Freshbooks FREE </a> Books: <a href="http://investlikeaboss.com/start-here/" rel="nofollow" target="_blank">Start Here</a> – 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 <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

65: Bitcoin vs. Stocks, Tesla vs. Ford

The best podcast episodes on Startups. For anyone working in a startup, or anyone interested in the incredible stories behind how people built companies like Instagram, and Facebook. Offering both practical advice and insights, as well as the stories for how many of the biggest startups got to where they are today. Add episodes you're interested into your queue below!

OwlTail

Best Startups Podcasts

The best podcast episodes of the most interesting stories and things. From skyping someone while they're in space, to tracking down and meeting a telephone scammer in person, to the story of a Galapagos. These episodes will keep you and all your friends entertained and captivated for hours. Learn something new in every episode! Add episodes you're interested into your queue below!