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Invest Like a Boss

English, Finance, 1 season, 290 episodes, 6 days, 5 minutes
About
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 Sam Marks and Entrepreneur Johnny FD invest like a boss while sharing what their personal portfolios are, and how they save their hard earned money for travel, life and retirement.
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290: Generate Higher Passive Returns Selling Shareholder Voting Rights

We dig into a new platform called Shareholder Vote Exchange (SVE) to unlock value in proxies you are issued for each individual stock you own. As far as we know, SVE is the first of its kind to take on this concept at scale, and this could be an easy passive way to earn extra returns on assets you already own! Derek interviews SVE Founder & CEO Preston Yadegar to find out how it all works and how the company can convert your unused votes into additional revenue. Then Sam and Derek convene on the concept and potential of this, plus throw in a little talk about wine as well (of course!). Discussed:  ILAB Listener Exclusive Offer - Receive 30 Days Commission Free Trading on Shareholder Vote Exchange Email Preston Directly at preston@svegroup.com Follow SVE on Twitter/X Where we are: Johnny FD – Jomtien, Thailand / IG @johnnyfdj Sam Marks - Bangkok, Thailand / IG @sammarks12 Derek – Los Angeles, US / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:20 - Sam/Derek Intro 10:17 - Interview with Preston Begins 17:35 - Can You Buy Your Way Onto a Corporate Board? 25:38 - How the SVE Platform Works 40:08 - Sam/Derek Thoughts on SVE & Voting Rights If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.
2/15/202454 minutes, 36 seconds
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289: What's Your Retirement Number? Plus 4 Ways to Spend It Down

Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a Patreon HERE & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working. Discussed:  Follow Along With This Episode With the ILAB What's Your Number Reference Guide ILAB 288: Dave Ramsey Personality George Kamel ILAB 287: Jared Dillian on How to Live a Stress Free Financial Life HonestMath.com Where we are: Johnny FD – Jomtien, Thailand / IG @johnnyfdj Sam Marks - Bangkok, Thailand / IG @sammarks12 Derek – Los Angeles, US / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:20 - Sam/Johnny/Derek Intro 03:15 - Dave Ramsey 4% Rant 12:41 - $500K-$20M Retirement Income Breakdowns 32:00 - Jared Dillian's Rant on Consumption Being Good 50:09 - Why Millions May Not Go As Far As You Think If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.
2/1/20241 hour, 13 minutes, 25 seconds
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288: Dave Ramsey Personality George Kamel on Breaking Free from Broke

George Kamel is the 3rd Dave Ramsey Personality (links to previous below) to join Invest Like a Boss and he has a new book out titled Breaking Free from Broke: The Ultimate Guide to More Money and Less Stress. This interview was recorded in November 2023 and was held until the book came out (this week!). George goes over basic debt avoidance principals and all the money traps designed to keep people broke and how to avoid them. Soon after the interview, there was controversy about a video George made about the 4% rule that went against a Ramsey principal... Johnny and Derek address that in the outro. About George Kamel: George Kamel is a Ramsey Personality and personal finance expert. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. Since 2013, he has served on the Ramsey team, speaking across the country, co-hosting top-ranked Ramsey Network podcasts, like Smart Money Happy Hour and The Ramsey Show. On his YouTube channel, George educates and entertains, exposing the financial system designed to keep you broke. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom. Discussed:  Order George's New Book Breaking Free from Broke ILAB 269: Ramsey Personality Jade Warshaw @JaredDillianMoney on Instagram ILAB 208: Ramsey Personality Ken Coleman ILAB 208: Ramsey Personality Ken Coleman Follow George Kamel on Instagram Follow George Kamel on Facebook Follow George Kamel on Twitter/X Follow George Kamel on YouTube Follow George Kamel on TikTok Where we are: Johnny FD – Kyiv, Ukraine/Jomtein, Thailand / IG @johnnyfdj Sam Marks - Bangkok, Thailand / IG @sammarks12 Derek – Los Angeles, US / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:20 - Derek/Johnny Intro 05:40 - George Kamel Interview Begins 20:50 - Why Credit Cards are Bad 42:45 - Outro/Viral Moment of Dave Ramsey Getting Mad at George Kamel If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.
1/18/202458 minutes, 51 seconds
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287: Jared Dillian on How to Live a Stress-Free Financial Life

A bit of a format flip on this episode as Sam and Derek tag team an interview with Jared Dillian, author of the new book No Worries: How to Live a Stress-Free Financial Life. Jared has had quite an interesting background from working at Lehman Brothers during their 2008 collapse to building a successful financial newsletter and podcast. The first half of the episode digs into Jared's thought on the current state of the economny, the effect of an inverted yield curve and his thoughts on the FIRE movement. We then jump into the principles discussed in the book for the second half of the episode. About Jared Dillian: Jared Dillian is the editor of The Daily Dirtnap, a daily market newsletter for investment professionals, continuously published since 2008. He graduated from the United States Coast Guard Academy in 1996 with a B.S. in Mathematics and Computer Science, from the University of San Francisco in 2001 with a Masters in Business Administration, concentration in Finance, and from the Savannah College of Art and Design in 2023 with a Masters in Fine Arts in Writing. Jared worked for a small floor market maker on the Pacific Options Exchange from 1999-2000, and was a trader for Lehman Brothers from 2001 to 2008, specializing in index arbitrage and ETF trading. He is also the author of STREET FREAK: Money And Madness At Lehman Brothers, which was named Businessweek’s #1 general business book of 2011, and the novel ALL THE EVIL OF THIS WORLD, published in 2016, THOSE BASTARDS: 69 Essays on Life, Creativity, and Meaning, published in 2023, and NO WORRIES: How To Live a Stress Free Financial Life, to be published in 2024. Additionally, Jared is an adjunct professor in the business program at Coastal Carolina University. Jared is also an investment strategist at Mauldin Economics, and previously contributed to Bloomberg Opinion, Forbes and TheStreet.com. His media appearances include MSNBC, Fox Business, Bloomberg TV, BNN, The New York Times, LA Times, Business Insider, Marketwatch, Yahoo! Finance, and dozens of local and syndicated radio programs. He is also the host of The Jared Dillian Show, a nationally syndicated radio show on personal finance. In his spare time, Jared is a progressive house DJ and speaks frequently on mental health issues at financial institutions. Discussed:  Order Jared's New Book No Worries @DailyDirtNap on X/Twitter @JaredDillianMoney on Instagram ILAB 149: Bill Perkins on How To Die with Zero Where we are: Johnny FD – Chiang Mai, Thailand / IG @johnnyfdj Sam Marks - South Carolina, US / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:30 - Interview with Jared Dillian Begins 05:16 - What's An Inverted Yield Curve? 14:50 - Jared's Thoughts on the FIRE Movement 17:42 - Key Points of the Book 34:34 - Sam & Derek Wrap Up & Recap If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.
1/11/202441 minutes, 16 seconds
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286: Q4 2023 Quarterly Update

It's quarterly update time & the end of another year. Johnny has left Ukraine and Sam is back in the U.S. for the holidays. Sam shares what he's been up to during his "zen" sabbatical, Johnny finds a new routine in Thailand, and the guys discuss their 2024 travel plans. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss.   Discussed:  Sindhorn Kempinski Hotel Bangkok Saranda, Albania Where we are: Johnny FD – Chiang Mai, Thailand / IG @johnnyfdj Sam Marks - South Carolina, US / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:20 - Johnny & Sam Catch Up/NYE Plans 07:15 - State of the World thru the eyes of Sam & Johnny 17:04 - 2024 Travel Plans 21:18 - Sam's new daily zen routine If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
1/4/202430 minutes, 34 seconds
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285: Russia-Ukraine War Economics with Jake Broe

As the deadline looms for the United States to decide on continuing to fund Ukraine in their ongoing war with Russia, Johnny reached out to a fellow YouTuber who specializes in the war. Jake Broe has amassed nearly a half million YouTube subscribers due to his reports on what's happening with the war. Jake joins Johnny for an in-depth conversation on the effects of the United States funding the war and what would happen if funding was cut off. Then Derek and Johnny circle back with their thoughts and discuss Johnny's venture out of Ukraine for the winter.   Discussed:  Jake Broe YouTube Jake Broe on Instagram Jake Broe on X Where we are: Johnny FD – Kharkiv, Ukraine / IG @johnnyfdj Sam Marks - Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: MasterClassBoost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:23 - Johnny & Derek Intro 06:30 - Jake Broe Interview Begins 15:40 - How Funds are Disbursed to Ukraine 26:29 - What Would Happen if the U.S. Became Isolationists? 50:21 - Johnny and Derek Discuss Interview If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
12/7/20231 hour, 10 minutes, 58 seconds
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284: Escaping Inflation Through Location Arbitrage

Johnny and Derek discuss one of the best strategies to escape inflation: Location Arbitrage. For those of you that can work remotely or do not need to work, living in a cheaper place is the easiest way to get the most bang for your buck. Johnny explains where he has decided to spend the winter at and they compare prices to where Derek is at in Los Angeles, a notoriously expensive place to live.   Discussed:  Big Mac Index Numbeo Cost of Living $16 Big Mac Story Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks - Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: MasterClassBoost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:32 - Johnny & Derek Intro 12:20 - $16 Big Mac Controversy 17:15 - Big Mac Index 20:10 - Cost of Living Resources 32:44 - Why is Thailand Still Cheap? If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
11/16/202342 minutes, 40 seconds
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283: Are Vacation Homes Worth the Hassle?

Inspired by a topic that came up in last week's Quarterly Update (ILAB 282) Johnny and Sam go over the actual costs of owning a vacation home versus staying in hotels on vacation. Sam uses his real life examples he personally owns in Thailand and the United States for the cost basis. Results may surprise you on the costs of these properties versus what you could be spending that same amount on in going on vacations around the World! Discussed: ILAB Episode 282: Q3 2023 Quarterly Update Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: WebStreet (Formerly Empire Flippers)WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 01:40 - Sam & Johnny Intro/Catchup 12:00 - Sam's Thailand Vacation Home Costs 23:23 - Sam's U.S. Vacation Home Costs 36:39 - Benefits to Owning a Vacation Home If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
10/26/202357 minutes, 37 seconds
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282: Q3 2023 Quarterly Updates

It's quarterly update time with Sam and Johnny catching up about what life has looked like the last 3 months. The guys both share they've become more introverted and lost their hunger to make more money. They also discuss bad flights, point hacking and how Thailand is changing for the worse. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss. Discussed: ILAB 227: Travel for (Almost) Free with Credit Card Points Hacking ILAB 276: Timeshares 101 - How to Exit This Bad Travel Investment ILAB Patreon Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: MasterClassBoost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB WebStreet (Formerly Empire Flippers)WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:34 - Johnny & Sam Catch Up/Feeling Introverted 23:45 - Bad Flight Issues 36:33 - Why the Guys are in Chiang Mai Less These Days 50:30 - Sam's Issue with Credit Card Points Hacking If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.</
10/19/202358 minutes, 40 seconds
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281: Black Hops CEO Nathan Hyde Talks Australian Beer Business

Derek goes live on location in Australia to interview Black Hops Brewery CEO Nathan Hyde on the challenges of the Australian beer industry. ILAB Bosses may remember that Sam Marks was an early investor in Black Hops (ILAB Episode 06: Invest in Yourself and Startup an Award Winning Brewery) and the company has faced some financial issues as of late. Nathan was brought in earlier this year to help them turn around. Derek and Nathan talk Australian government interference, getting Gen Z into beer, drinking culture and expansion into new markets. Then Sam and Derek give their thoughts on the Australian beer scene and what they think of the current state of Black Hops. Discussed: Black Hops Official Site Black Hops on Facebook Black Hops on Instagram ILAB Episode 06: Invest in Yourself and Startup an Award Winning Brewery Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina / IG @sammarks12 Derek – Gold Coast, QLD Australia / IG @DerekRadio Sponsor: MasterClassBoost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB WebStreet (Formerly Empire Flippers)WebStreet is launching their 6th fund. Webstreet buys &amp; operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:34 - Sam &amp; Derek Intro/Catchup 10:06 - Interview with Nathan Hyde Begins 29:40 - Why Nathan Was Brought in as CEO 52:12 - Derek and Sam Recap Australia and Take on Black Hops If you enjoyed this episode, do us a favor and share it! If you haven&#39;t already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
10/12/20231 hour, 19 minutes, 12 seconds
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280: Assets vs. Liabilities

After seeing a video online featuring rapper The Game, Johnny and Derek discuss what many assume to be assets, actually turn into liabilities. They talk real estate, cars, clothing, jewelry collectibles and more.... you might be surprised at what items are actually liabilities! Discussed: Bust Down Rolex DJ Skee&#39;s Shoe Collection The Game&#39;s Shoe Collection Bearbrick Dolls Where we are: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:51 - The Game Clip on His Net Worth 09:15 - Is Your Home an Asset? 17:40 - What's a Bust Down Rolex? 24:23 - Is Your Car an Asset? If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
10/5/202338 minutes, 36 seconds
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279: How Johnny FD Turned YouTube into a Full-Time Income Source

Johnny and Derek discuss the challenges with trying to earn income off of creating YouTube videos. Johnny has estabilshed a large chanell and been able to turn that into a full-time income while Derek is still struggling to grow his channel and monetize. Johnny discusses his strategy, shooting style, schedule and how much he makes per video in this episode. Learn how you can potentially earn a lot of money by becoming a content creator on YouTube! Discussed:  Johnny's YouTube Channel "JohnnyFD" Derek's Car YouTube Channel "Petrolectric" Derek's YouTube Channel "15:01" Where we are: Johnny FD – Kyiv, Ukraine/ IG @johnnyfdj Sam Marks – Bangkok, Thailand / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: Masterworks Skip the waitlist and join the tens of thousands of investors who have purchased shares of fine art now at Masterworks.art/ILAB ILAB Patreon Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Like these investments? Try them with these special ILAB links: Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:40 - How Johnny Started YouTube 09:35 - How the YouTube Algorithm Works 26:50 - Effect of Having a Big Channel Feature You 33:00 - How Much Johnny Earns Per Video 48:10 - Answering Patreon Questions If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
8/24/202359 minutes, 38 seconds
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278: Q2 2023 Quarterly Update

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 & Thailand ILAB 227: Travel for (Almost) 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.
8/3/202339 minutes, 57 seconds
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277: Invest Passively in Online Businesses with WebStreet (Formerly Empire Flippers Capital)

WebStreet Operations Manager Kyle Kuderewski joins the show to tell us about their transition from Empire Flippers Capital into WebStreet and what's coming up to invest in. As a reminder, Webstreet allows you to invest passively in online businesses, whether they be Fulfilled by Amazon (FBA), Content (Affiliate), Software as a Service (SaaS), Kindle Direct Publish (KDP) & more. The funds have been active since 2021 and have built up a solid track record so far. Sam handles the interview as they break down what's available in the upcoming round of funds and how you can invest in the business of WebStreet itself. Then Johnny joins in the end of the episode to share his personal results from investing with WebStreet and what he would choose as his next investment choice of funds within the platform. Discussed:  Join the WebStreet Waitlist for Round 6 Learn the Story Behind WebStreet & How to Invest Set Up a Meeting with a WebStreet Investment Advisor ILAB 10: Empire Flippers first appearance on the show ILAB 141: Empire Flippers Shares the State of Online Businesses ILAB 170: Empire Flippers Announces Capital Division of First Funds Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / IG @DerekRadio Sponsor: ILAB Patreon Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Like these investments? Try them with these special ILAB links: Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.   Time Stamp: 04:40 - Interview with Kyle Begins 16:36 - WebStreet Performance So Far 37:50 - Fund Categories Available 42:30 - How to Invest in WebStreet Itself 53:07 - Johnny & Sam Follow Up If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
7/20/20231 hour, 10 minutes, 42 seconds
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276: Timeshares 101 - How to Exit This Bad Travel Investment

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 & 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.
6/29/202349 minutes, 57 seconds
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275: How to Maximize Your Savings Rate

U.S. savings account interest rates are at decades long highs, so Sam and Johnny hop in on this 101 episode to help you find ways to maximize your savings rate of return. The guys go over High Yield Savings Accounts (HYSAs), treasury bonds, annuities, money market accounts & more creative ways to get those extra percentage points. They'll also discuss how much savings you should be holding in case of emergencies. They'll also go beyond the United States to help out with some options for our overseas listeners as well. Share this episode with your friends, you'd be surprised how many people do not having any or very little savings!   Discussed:  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 & 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.
6/8/20231 hour, 4 minutes, 33 seconds
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274: How To Spot & Avoid Ponzi Schemes with 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 & 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.
5/18/20231 hour, 5 minutes, 40 seconds
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273: The Biggest Ponzi Schemes of All-Time

After both watching the new Netflix docuseries on Bernie Madoff, Sam and Derek decide to dive deeper into the art of the Ponzi Scheme. They discuss how they came about and go over some of the biggest financial fraud cases in history. This is part one of a two episode run on financial fraud and ponzi schemes. ILAB 274 will feature an expert with tips on how to spot fraud in your investments.   Discussed:  Watch Madoff: Monster of Wall Street on Netflix Where we are: Johnny FD – Phuket, Thailand / IG @johnnyfdj Sam Marks – Bangkok, Thailand / IG @imsammarks Derek – Los Angeles / IG @DerekRadio Sponsor: Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab Like these investments? Try them with these special ILAB links: Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss. Time Stamp: 06:49 - What's Considered a Ponzi Scheme? 08:11 - Charles Ponzi 12:11 - Enron 20:15 - Tom Petters 27:54 - Allen Stanford 31:25 - Bernie Madoff If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
5/11/202349 minutes, 32 seconds
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272: Two Year Status Update on Citizenship By Investment

It's been two years since Sam (Spain) & Johnny (Ukraine) embarked on their citizenship by investment journies. Find out where they each stand with respect to what they had to go through to qualify, get residency, and what their next options are. They'll go over hidden filing expenses, ongoing costs, and unexpected things that came up along the way that the citizenship sites don't tell. The guys will also go over why the programs they chose may not have been the best options for their particular situation and what some alternative countries' programs are like.   Discussed:  ILAB 188: Pros & Cons of Relocating to Kiev & 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 & more. Join now at Patreon.com/InvestLikeaBoss. Like these investments? Try them with these special ILAB links: Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:00 - Why They Chose Spain & Ukraine 11:00 - Additional Fees To Get Residency 31:04 - Path to Citizenship 30:32 - Why You Can Make Way More From Sober Living 39:54 - Top 10 Residency Programs by Country If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
5/4/202353 minutes, 8 seconds
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271: Pace Morby on How To Buy Real Estate & Build Wealth Without Cash

Star of A&E's "Triple Digit Flip" and expert on creative real estate financing Pace Morby joins the show. Derek interviews him on his new book, Wealth Without Cash, and all the types of ways that Pace has been able to accumulate thousands of pieces of property with little or no money down. Johnny and Derek round it out with their own experiences on house flipping, creative financing and what they think about the TV show. About Pace Morby:  Pace Morby is known as the go-to “sub to guy” bringing creative strategies to the mainstream real estate investment industry such as subject to and seller finance deals. Pace’s high energy and no BS approach has attracted a loyal following across social media. Though he began his real estate journey as a general contractor running a successful business and then as a HomeVestors franchisee, he and his partner have since amassed over 32 million dollars in buy and hold properties while continuing their full operation of wholesale, fix and flip, and many other symbiotic businesses. Pace is on a mission to over deliver on value, showing others that anyone can start in real estate, be successful, and change their lives and their families’ lives for generations.  About Wealth Without Cash Want to close MORE deals in LESS time for LESS money? For the first time ever, Pace Morby has compiled everything you need to know to build your real estate portfolio and become a millionaire investor without utilizing your own capital--all within a single book! From subject-to, to seller finance, and more, these proven creative finance strategies allowed author Pace Morby to acquire more than 1,000 properties and $150 million in assets without using his own cash. Whether you’re just getting started as an investor or already have a real estate business, Wealth without Cash will fully prepare you to find off-market leads, uncover sellers’ motivations, negotiate with confidence, close more deals, build a team, and much more.   Discussed:  Pace Morby's Website @PaceMorby on Instagram Pace Morby's New Book Wealth Without Cash Triple Digit Flip TV Show on A&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 & Derek's Thoughts on Pace's Strategy & Show If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
4/20/20231 hour, 11 minutes, 45 seconds
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270: Q1 2023 Quarterly Update with Sam & Johnny

It's quarterly update time and Sam & Johnny are together in the same place for this one! They both record from Thailand and cover all things in their recent travels. The guys cover value in Thailand, Japan, business vs economy flights, credit card points, and more. Sam & Johnny both discuss their plans for the upcoming quarter and where they plan on living. In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss. Discussed:  ILAB 268: Russians Driving Up Real Estate in Bali & 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.
4/13/202332 minutes, 23 seconds
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269: Jade Warshaw on Paying off $460K in Debt & Working Alongside 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 & 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 & Johnny's Thoughts on the Ramsey Plan 14:28 - Interview with Jade Begins 26:00 - Jade's Side Hustles to Pay Off Debt 35:09 - What Jade Adds to the Ramsey Lineup 49:20 - Derek & Johnny's Side Hustles to Pay Debt If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
4/6/20231 hour, 7 minutes, 7 seconds
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268: Russians Driving Up Real Estate in Bali & Thailand

Johnny & Sam are in the same country for the first time in nearly 2 years! They both find themselves in Thailand, but things have changed drastically since the last time they were there. Since the Russian invasion of Ukraine happened in February 2022, Russians have been fleeing in droves. Top on their list of destinations has been Bali & Thailand. We invite a Bali Airbnb company to give us their expert opinion on what's going on their with the villa rentals. And then Johnny & Sam discuss what they're seeing in Thailand and how it's effecting the real estate market and overall culture.  Discussed:    Where we are: Johnny FD – Pattaya, Thailand / IG @johnnyfdj Sam Marks – Bangkok / IG @imsammarks Derek – Los Angeles / IG @DerekRadio Sponsor: RAD Diversified RAD Diversified REIT believes in investments that make money, build a legacy of generational wealth & protect America. Skip the waitlist to invest when you visit RADDiversified.com/investlikeaboss today. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:33 - Interview Begins 09:48 - Who's Going to Bali? 20:48 - Johnny & Sam Circle Back 35:07 - Issues with Foreigners Buying Thai Real Estate 39:28 - Russians Influence on Thai Culture If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
3/30/202350 minutes, 4 seconds
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267: Space Tourism via Balloon with Zero 2 Infinity CEO José Mariano López Urdiales

In this episode, Derek interviews Zero 2 Infinity Fouder & CEO José Mariano López Urdiales on a unique take on the space trousim industry. Instead of rockets, Zero 2 Infinity is using balloon technology to (hopefully soon) fly humans into space on a more comfortable, leisurely alternative to the rocket. Zero 2 Infinity also has a satellite delivery business that José explains and lays out the investment opportunities. Sam Marks jumps on the intro and outro to tell us where he's been traveling all through Asia, and tell why he is excited for this space technology... but won't be a passenger himself. About José & Zero 2 Infinity: Jose Mariano López is the founder and CEO of Zero 2 Infinity, the most active player in Europe in Near Space flights with over 50 successful missions. Jose Mariano is an engineer and a pioneer in NewSpace, whose vision is to make access to Space affordable and sustainable. His seminal work has sparked a renaissance of high-altitude ballooning with applications ranging from telecommunications to Space Tourism. He is a graduate of MIT in Aeronautics and Astronautics and holds 2 patents. Discussed:  Zero 2 Infinity Website Jose's LinkedIn Zero 2 Infinity Instagram Zero 2 Infinity Twitter VIDEO: 50% Scale Prototype Balloon The Paper That Initiated The Space Balloon Race VIDEO: Bloostar Rocket Satellite Launch From Near Space Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NetSuite For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 03:04 - Where Sam's Been Traveling To in Asia 09:18 - Interview with José Begins 13:32 - What Phase of Space Flight We're Currently In 18:14 - What The Balloon Looks Like 39:40 - How Much Are Tickets? 01:05:26 - Sam & Derek Outro If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
3/23/20231 hour, 31 minutes, 35 seconds
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266: Navigating the New & Used Car Market

In this episode, Johnny & Derek discuss one of their favorite subjects - cars! Your vehicle is often the second biggest asset you'll purchase behind your home, so it's important to get what fits your needs best at a great price. They'll discuss the benefits of buying new vs. used, what options are worth paying for, along with some of their favorite cars on the market now. Derek goes over what new car he just bought, how to negotiate with the dealer and get the best deal if you need to finance. Lastly, just for fun, the guys build and price out a new Porsche for Johnny online and see how much more he would have to pay to get something comparable to his used one. Discussed:  The Suzuki Jimny The Ford Bronco Sport The Lotus Emira The Mazda CX-5 (Derek's Car) The Porsche Cayenne (Johnny's Car) Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Japan / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit Indeed.com/ILAB to start hiring today. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 01:26 - Today's Car Market for Buyers 08:40 - How Derek Was Able to Rent a Car for 5 Years 18:00 - Buying New vs Used 31:20 - What Derek Bought 39:45 - Building Johnny's Porsche Online If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
3/9/20231 hour, 35 seconds
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265: RAD Diversified CEO Dutch Mendenhall Talks Turning Disasters into Real Estate Profit

RAD Diversified CEO Dutch Mendenhall returns to the show (last appeared on ILAB 178 & 194) to give us an update on real estate and so much more! Dutch has previously told us about past visionary moves that he was able to capitalize on and this appearance is no different! Find out how he was able to profit from the Russian-Ukrainian War, why he moved out of California, how he is able to purchase more homes in this economic landscape & more. Plus, he addresses concerns about RAD Diversified brought by our listeners who have previously invested. About Dutch Mendenhall: Dutch Mendenhall is a husband, father, American patriot, and gifted visionary. He leads by example and doesn’t believe in quitting. His leadership across six real estate investment funds combines the science of advanced analytics with new-age Artificial Intelligence, resulting in formidable industry-leading performance. In 2007, Dutch turned his strengths from a career coaching baseball toward consulting in the real estate industry. He became a highly sought-after thought leader in developing real estate education and training. Dutch helped thousands of investors earn millions of dollars in real estate revenue. Yet, he knew that a greater purpose still lay ahead. Then, in 2015, Dutch had a vision for what would become RAD Diversified. An exclusive way for his students to partner with him on real estate investments. He felt the calling to help others secure a future for themselves and their families through the power of real estate done right and done together. So, Dutch began building the rockstar team and groundbreaking systems needed to accomplish this vision. He partnered with real estate legend Amy Vaughn. Brought on high achievers to design RAD Diversified in a way that would scale up as the vision grew. Today, the RAD Diversified team includes more than 150 people and a portfolio of well over $100 million in diversified real estate assets. His ethos is best summed up as People First. Dutch is always working for his people: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business." Dutch does not believe in comparison but sets his sights on his race against himself. Discussed:  RAD Diversified Website RADD Facebook RADD Instagram Dutch Mendenhall Facebook Dutch Mendenhall Instagram Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Japan / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: RAD Diversified RAD Diversified REIT believes in investments that make money, build a legacy of generational wealth & protect America. Skip the waitlist to invest when you visit RADDiversified.com/investlikeaboss today. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 02:45 - Dutch's Previous Appearances 05:53 - Interview with Dutch Begins 08:06 - Where RADD Looks to Invest in 2023 11:35 - RADD's Move to Profit from Ukraine War 15:45 - Addressing Liquidity Concerns 20:00 - RADD vs. Public REIT 38:36 - Johnny & Derek's Reactions to Interview If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
3/2/202347 minutes, 41 seconds
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264: Johnny's Worst Real Estate Investment

Johnny and Derek sit down for a special one on one episode to discuss Johnny returning to his investment property in Kharkiv, Ukraine. This was his first time back at the property since the war between Russia & Ukraine broke out almost exactly a year earlier. At the time, Johnny's Kharkiv condo seemed like a cash flow dream situation, which thanks to Russia, turned out to be too good to be true. Find out what Johnny found when he arrived and how much he's lost on this investment so far. Discussed:  Johnny's Kharkiv Condo Tour (Pre-War) Johnny's Journey Back to Kharkiv Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andorra / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 01:47 - Update from Kyiv 07:33 - Why Johnny Chose to Invest in Kharkiv 11:26 - The 1% Real Estate Rule 17:38 - Airbnb Fees 22:38 - How Johnny Got Back to Kharkiv 27:30 - State of Johnny's Condo When He Arrive 36:30 - Total Costs So Far and What Revenue Johnny Was Able to Collect If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
2/23/202350 minutes, 6 seconds
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263: Daffy CEO Adam Nash on State of Silicon Valley & Charitable Giving with Donor Advised Funds

Sam and Derek partner up on this interview with a man who has been involved in hundreds of Silcon Valley startups as well as working for some of the largest tech companies over the last 30+ years. Daffy Co-Founder/CEO Adam Nash joins the show to talk the current state of technology and funding, and his move to non-profits and charitable giving through his new Donor Advised Fund platform Daffy. Sam and Derek share some stories on their experiences with giving and also have some fun, although embarrassing, stories to share with the audience on how we got this interview to work. About Adam Nash:  Adam Nash is the co-founder and CEO of Daffy.org, a not-for-profit community built around a new, modern platform for giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns, the country’s fastest-growing financial wellness system, and Shift Technologies. Adam also teaches the “Personal Finance for Engineers” course at Stanford and was previously president and CEO at Wealthfront. About Daffy:  Daffy is the Donor-Advised Fund for YouTM, a not-for-profit community built around a new, modern platform for giving, one built around the commitment to give, not the amount you give. It empowers people to be more generous, more often through a seamless mobile experience that helps members set money aside, watch it grow tax-free, and donate to more than 1.5 million charities. Started by technology veterans and backed by Ribbit Capital, XYZ Ventures, and Coinbase Ventures as well as prominent individual investors, Daffy provides a number of member-focused features that make giving an easy habit to keep. To give with Daffy, visit daffy.org or search “Daffy” in the App Store. Discussed:  For a limited time, Invest Like A Boss listeners, get a free $25 to give to the charity of your choice when they join Daffy with daffy.org/boss @DaffyGiving on Twitter @AdamNash on Twitter Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andorra / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:36 – Adam Nash's Resume 08:17 - Zoom Issues - Why We Shared the Interview 14:17 - Adam Nash Interview Starts 42:39 - How Daffy Works 53:00 - Tax Savings Benefits of Donor Advised Funds 1:10:51 - Sam & Derek Outro - their DAF Experience If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
2/16/20231 hour, 34 minutes, 38 seconds
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262: Closed End Funds (CEFs) & Lucrative Investor Newsletters with Michael Foster

Sam and Johnny kick off the episode talking Sam's trip to Andorra and revisiting the past appearances of our guest this week, Michael Foster. Michael has appeared twice before on ILAB in episodes 63 (Listen Here) and 68 (Listen Here) both back in 2017. Sam then interviews Michael Foster on both the advantages of Closed End Funds (CEFs) and how much money one can really earn from having an investment newsletter subscription. Sam learns he may have been investing with his CEFs in a less effective way as Michael explains his strategy. Johnny & Sam circle back and discuss their investing philosophies for 2023 after a rough last year and if CEFs fit into them.    About Michael Foster:   Michael Foster is the Lead Research Analyst for Contrarian Outlook, where he writes CEF Insider. He has written on high-income assets, dividends, closed-end funds and exchange-traded funds for a number of publications including Forbes, Bankrate and SeekingAlpha. Michael finished his PhD in 2008 and has been advising investors since 2011. Discussed:  CEF Insider Website (Contrarian Outlook) Michael's 1st ILAB Appearance - July 2017 MIchael's 2nd ILAB Appearance - August 2017 CEF Tickers Mentioned: $AIO, $BST, $BSTZ, $ETG, $ETY Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andorra / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 01:30 – Sam's Trip to Andorra 04:50 - Why we Brought Michael Back on the Show 11:15 - Michael Foster Interview Starts 22:40 - Why Do You Need to Write a Newsletter if You're a Good Investor? 35:20 - Michael's Buy & Sell Strategy for CEFs 43:25 - How Much Money Can You Make on a Newsletter? 59:58 - Would Johnny Invest in CEFs and will Sam Buy More?  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
2/9/20231 hour, 9 minutes, 4 seconds
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261: Impact of ChatGPT & Generative Artificial Intelligence

ChatGPT has taken over the conversations of the internet and (literally) writing millions of new conversations utilizing generative AI technology. We bring back guest Tom Taulli (last on ILAB 163) to break down the basics of ChatGPT technology, the company that created it and how we may be able to invest int he future of Artificial Intelligence. Sam and Derek then go through their experiments with using ChatGPT and its potential world changing impact on technology as we know it.  About Tom Taulli:  Tom Taulli is an advisor/board member to startups and the author of Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems. He also writes for various publications like Forbes.com, Kiplinger and Barron's. Besides his writings, Tom has founded several high-tech companies. They include WebIPO, BizEquity and Hypermart.net, which was sold to InfoSpace. Discussed:  ChatGPT Module @TTaulli on Twitter Tom's book: Artificial Intelligence Basics (Amazon) Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Shopify Shopify simplifies selling online and in-person so you can focus on successfully growing your business. Sign up for a $1/month trial period at Shopify.com/ilab Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 01:41 – Sam & Derek Catch Up 07:56 - Tom Taulli Interview Starts 22:45 - Elon Musk's Involvement 30:15 - AI Investment Ideas 48:30 - Sam & Derek's Experiments with ChatGPT 60:00 - OpenAI Taking on Google If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
2/2/20231 hour, 17 minutes, 53 seconds
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260: Creating a New Sport with OmegaBall Founder Anthony Dittmann

OmegaBall Founder Anthony Dittmann sits down with Derek Spartz to discuss what it takes to create a whole new sport, how to market and monetize it and how they're raising capital. Sam and Derek catch up and discuss their experiences at an OmegaBall event as well as what potential they see in this very early investment opportunity in the sports industry.  About Anthony Dittmann:  Anthony Dittmann began his career working for the San Diego Chargers until 1998.  After the NFL, he worked for ESPN in several capacities; all involving the design, construction and management of ESPN-owned events including the ESPY Awards and culminating as the Director of Operations as well as Event Director for X Games in Los Angeles, Barcelona, Aspen and Tignes, France. Since the X Games, Dittmann has produced events for NBC Sports and The Enthusiast Network before ultimately starting Kilowatt Events with several colleagues.  Kilowatt specializes in designing and executing major events in music, sports and entertainment that are typically televised.  Major clients include ESPN, NetJets, C3 Presents, Pepsi, The LA Times and the NFL.   In 2018, Dittmann patented (with his colleague Rafael Munaro), a foldable (to 2” wide) dual stream event recycle/trash bin that is poised to rid the industry of the ubiquitous, but ineffective cardboard event trash can. Cerobins have since been bought by major events and facilities including Sofi Stadium and Climate Pledge Arena. In 2020, Anthony invented a new sport called OmegaBall.  Reimagining and revolutionizing the game of soccer with three teams, three goals, no offsides, and no throw-ins (cornerkicks only) in a circular field. All packed into a one-hour match in a field that is half the size of a traditional soccer field.  Headquartered in San Diego, OmegaBall has already appeared on the Fox and ESPN networks with semi-professional players on the pitch.  OmegaBall is also expanding into competitive youth and recreational opportunities through a new partnership with USSSA.  OmegaBall is….  Chaos on the Pitch! Anthony also spent several years as an adjunct professor in the sport business graduate program at California State University, Long Beach and the University of San Francisco.  He is also a helicopter pilot. DISCLOSURE: Sam Marks is related to Anthony Dittmann and, as of this episode's release, has not invested any capital into OmegaBall.  Discussed:  OmegaBall.com @Omegaball_ on TikTok Omegaball YouTube Email Anthony for OmegaBall Investment Deck at anthony@omegaball.com Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 00:20 – Sam/Derek catchup California Rain & Traffic 03:06 - About OmegaBall and our guest 06:33 - Anthony Dittmann Interview Starts 10:20 - Basics of OmegaBall Rules 19:25 - Derek's Attendance at an OmegaBall Event 32:28 - Wagering on OmegaBall 34:50 - How to Invest in OmegaBall 37:10 - Sam & Derek's Thoughts on OmegaBall If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
1/26/202352 minutes, 29 seconds
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259: "The Real Asset Investor" Dave Zook

Johnny and Derek kick off the episode with New Year's updates, including a scary moment for Johnny in Kyiv. Then Johnny interviews "The Real Asset Investor" Dave Zook on his various funds and their structures for self-storage, car washes & ATMs. Dave lays out how to invest, who can invest and how to get your federal tax rate into the single digits! Then Johnny & Derek follow up on their thoughts into Dave's investing philosophy and provide an exciting new feature for ILAB Patreons.  About Dave Zook:  Dave is a successful Business owner, Syndicator and an Investment and Tax Strategist. Dave and his team at The Real Asset Investor have placed more than $800M across various asset classes which offer Cash Flow, Tax Impact and Equity Growth for investors. These asset classes include ATMs, Car Washes, Energy, Self-Storage and more. He and his team are one of the Top 5 ATM Fund Operators in the country. Dave was an early investor in Bitcoin and Digital Assets, and he holds an advisory role at Off the Chain Capital, one of the top performing funds in the world for the last 5 years. Dave is a sought-after speaker and has shared his knowledge across various media platforms such as The International Business Conference, The Real Estate Guys Radio Show, Cashflow Ninja and others. Dave and his wife Susan along with their 4 children live in Lancaster, PA. Discussed:  TheRealAssetInvestor.com Dave Zook Facebook Dave Zook Instagram Email Dave Zook's team directly at info@therealassetinvestor.com Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 02:00 – Rockets over Kyiv 07:55 - About Dave Zook 11:10 - Dave Zook Interview Starts 22:35 - How Dave Pays Nearly Zero Tax 40:15 - Johnny & Derek's Thoughts on Investing with Dave  If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
1/12/20231 hour, 1 minute, 9 seconds
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258: Q4 Quarterly Update with Sam & Johnny

Johnny and Sam go over the end of year 2022/Quarterly Updates. They talk about settling into their respective homes in Barcelon and Kyiv. Johnny traveled to Greece to await his permanent Ukraine residency and Sam went on a month long trip through Japan. The guys talk what daily life looks like in Ukraine during the war, Sam's upcoming job freedom and more! This is only the public portion of the podcast, if you'd like the entire show in audio and video formats including our actual portfolios, you can instantly access when you join the ILAB Patreon.  Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Shopify Get serious about selling and try Shopify today. Sign up for a $1 per month trial period at Shopify.com/ilab Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 05:40 – Sam's South Carolina House 12:12 - Johnny on Kyiv 18:16 - Ukraine Blackout Schedule 24:40 - Johnny in Greece. 29:45 - Sam's New Freedom  38:00 - Sam's 2023 Travel Plans If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
1/5/202346 minutes, 18 seconds
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257: Top 10 Guests of 2022

Johnny and Derek go over the Top 10 guests of 2022 on the Invest Like a Boss podcast. List was compiled using votes and download numbers and topics range anywhere from crypto to wine to traveling the world and more! Tune in to find out who made the top guest of the year! Listen to ILAB 257 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Nth Venture Nth Venture is a venture studio building businesses from scratch. Their mission is to bring genuine ownership to Main Street. Learn how to invest now at nthventure.com Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 10:34 – #10 : 229: Sam's Firsthand Bordeaux En Primeurs Week Experience 15:09 – #9 : 226: Economics of Adult Entertainment with Dan Leal 21:58 – #8 : 231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei 29:21 – #7 : 217 : Codie Sanchez on Overcoming Obstacles to Hustle & Think Like a Contrarian 34:31 – #6 : 218: Saifedean Ammous Explains The Bitcoin Standard 42:38 – #5 : 241: Buy This, Not That with Financial Samurai Sam Dogen 41:55 – #4 : 244: Meb Faber Returns to Talk Inflation 53:39 – #3 : 254: Return of the “King of Self-Storage” Kevin Shee 59:45 – #2 : 221: "Adventure Capitalist" Author Jim Rogers 66:46 – #1 : 227: Travel for (Almost) Free with Credit Card Points Hacking If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
12/22/20221 hour, 19 minutes, 10 seconds
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256: BTCGandalf Talks FTX, Crypto Storage & Why Bitcoin is King

In the wake of the FTX collapse, we invite BTCGandalf to the show. He is a mysterious supporter of Bitcoin under the guise of Lord of the Rings’ Gandalf. Gandalf talks about what happened to FTX, how healthy other exchanges may be, and the most secure way to store your coins. Derek reveals to Sam a major change in his crypto investment and seeks advice on what to do next in this wild market. In his previous life, Gandalf was a real estate broker and entrepreneur for a decade. He created his pseudonymous Twitter in early 2021 as he began to get interested in Bitcoin and now dedicates his full time-attention to Bitcoin both independently and through his work with Companies in the space. Listen to ILAB 256 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Moldova / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Discussed: Twitter: @BTCGandalf Bitcoin, Not Blockchain - Unchained Capital Bitcoin Fundamentals: A Podcast on Bitcoin Don't Buy Bitcoin! | Andreas M. Antonopoulos & Simon Dixon | Bitcoin HARDTalk #5 only the strong survive | stuff by allen 21 Lessons FTX Super Bowl Don't miss out with Larry David  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 10:30 – How did you come up with the persona of Gandalf? 13:50 – Should we be concerned about other crypto sites? 15:26 – Did you have any direct experience with FTX? 18:30 – What happened to anyone who was holding funds with FTX? 23:15 – How can you protect your money in crypto? 28:10 – What's the process for selling your crypto? 30:24 – Is Bitcoin your go to crypto currency? 33:09 – Do you think the drop in Bitcoin is connected to the FTX collapse? 36:47 – Any thoughts on the economies that embrace bitcoin as a currency? 38:51 – Do you see any restrictions being put on crypto currency? 41:30 – What happens when bitcoin “halves”? 44:45 – Patreon: Any action people can take who have investments in Celsius? 45:18 – Patreon: Is crypto a speculation or money remittance instrument? 46:53 – Are there any good indicators that tell you a coin will go up in value? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
12/8/20221 hour, 24 minutes, 55 seconds
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255: Inflation Rate – Is it Accurate?

Johnny and Derek do a one-on-one episode to talk about the effects of inflation across the World. Although media outlets may make it seem like inflation is solely an American issue, it is something that affects every country. Johnny and Derek will go over their next travel plans and what they are seeing in each of their respective locations as far as inflation is concerned. Johnny also gives advice on some hacks to fight inflation that anyone can use to their advantage. Listen to ILAB 255 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Moldova / IG @johnnyfdj Sam Marks – Japan / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details. Discussed: 12-month percentage change, Consumer Price Index Inflation Rate - Countries Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:50 – Why is it that Spending US in other countries an inflation hack? 14:13 – Is it better to exchange currency in the US or in the country you are traveling to? 16:09 – Which countries have the lowest and highest inflations? 19:10 – How does the US compare to the rest of world with inflation? 25:44 – Has Derek felt the effect of inflation? 32:30 – How is the inflation rate calculated? 34:55 – Do you think Gas and electricity is high or low now in the US? 39:07 – Has the cost of some electronics reduced? 45:06 – How has the cost of clothing and apparel changed? 47:20 – What about real estate and how has inflation had an effect? 52:40 – How has inflation affected purchase of new and old cars? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
11/17/20221 hour, 11 minutes, 41 seconds
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254: Return of the “King of Self-Storage” Kevin Shee

Sam’s friend and Hong Kong “King of Self-Storage” Kevin Shee returns to the podcast for his 3 rd appearance. Kevin previously appeared on ILAB 07 & ILAB 106. Kevin goes over his attempted transition out of self-storage and into passive investor and why it failed. He goes over his current business model in Hong Kong and why he’s brought Sam along for a new business venture in Japan. Sam and Kevin also go over the intricacies of Japan’s daily life and why it’s so traveler unfriendly to visit. Then Sam and Johnny recap their status and discuss their thoughts on Kevin, as they both personally know him. And Johnny reveals that he recently attempted to get a very odd job in Japan. Kevin Shee is the owner of SC Storage, Hong Kong’s leading low-cost self-storage provider with over 60 convenient locations in Hong Kong and Macau, and more than 18,000 self-storage units. He started his self-storage business 18 years ago and has consistently grown in locations and customers. When it comes to self-storage, he is the king! Listen to ILAB 254 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Japan / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Discussed: SC Storage Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 11:33 – Why is Japan difficult for foreigners to travel within? 16:15 – How did you become semi-fluent in Japanese? 20:14 – How did we get into biking? 22:23 – What impressed Sam about Japan? 27:55 – Why wouldn’t you move to Japan? 29:43 – Can you tell us about your Bali residence and how you got to purchase it? 36:51 – Why is Sam so impressed with Dubai? 39:33 – What's the state of self storage? 49:49 – Do you plan to open more properties in Hong Kong or abroad? 53:00 – What is Sam’s plan for 2023? 56:40 – What is Kevin Shee's new “fashion item”? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
11/10/20221 hour, 26 minutes, 40 seconds
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253: Cost of Living Expenses in U.S. vs. Abroad

Johnny & Derek sit down for a one on one episode to compare their respective cost of living expenses. Johnny has utilized location arbitrage by living in cheaper countries outside the U.S. while Derek lives in one of the most expensive cities in the U.S., Los Angeles. They’ll break it down by category and find out who is getting the better deal in each. Johnny also gives helpful tips for those considering relocating from the U.S.   Listen to ILAB 253 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.   Discussed: Cost of Living Gasoline prices around the world Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 07:18 – Where did you start Johnny and where have you been living the last 10 years? 09:05 – Are there any cities out there that are surprisingly quite cheap to live in? 15:41 – First let’s talk about housing? 19:32 – What about how the cost of utilities varies? 24:55 – How much do you think air bnb’s cost in california? And how does it compare to other countries? 28:33 – How does insurance vary from country to country? 31:05 – Johnny and Derek compare their monthly grocery bills 37:15 – What's the average price of having a night out for drinks? 44:29 – What's the “Big Mac” Index? 50:55 – How does Health insurance compare? 58:57 – Transportation costs between owning a car and public transit? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
11/3/20221 hour, 19 minutes, 43 seconds
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252: Hedging Inflation Through U.S. I Bonds with Maggie Gomez

A timely topic we’ve been hearing about from listeners for months – U.S. I Bonds. These are bonds issued by the U.S. Treasury to hedge against inflation and currently pay an incredible 9.62% rate… but there are a lot of restrictions and time is running out! We invite CFP Maggie Gomez, aka Money with Maggie, to the show to break down the ins and outs of I Bonds. Then Johnny and Derek discuss if they think I Bonds are a good play or if your money is better served invested elsewhere. Maggie Gomez is on a mission to help you feel strong and confident in your financial situation. Maggie’s professional experience in major brokerage firms made her realize that clients with less than 6 or 7 figures to invest weren’t getting quality attention from a financial professional. That left most people with nowhere to turn to manage their financial life and start investing in their future! So that is why she started “Money with Maggie” Experience: CERTIFIED FINANCIAL PLANNER™ (designation received after a 12-month intense study program and 6-hour exam covering a full spectrum of financial planning topics)  8 years of experience working at Charles Schwab, Morgan Stanley, and E*TRADE Held a FINRA Series 7 License (Stock Broker, i.e. I sold investment products) Held a FINRA Series 66 License (licensed to offer investment advice) Listen to ILAB 252 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details. Discussed: Treasury Direct Money with Maggie Maggie's Free Passive Income Workshop Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 10:00 – What is an I-Bond? 11:11 – What is the interest right now and how long are you locked in for? 12:41 – What do you expect the next interest rate to be? 14:16 – Is there a limit on how much you can purchase? 15:26 – Patreon question: Can you gift I-bonds to family members or friends? 16:07 – Patreon question: Is there any other way to purchase the I-Bonds other than the website? 17:05 – How often can you buy I-Bonds and can you buy more under other LLCs? 18:05 – Do you purchase I-Bonds and why? 19:52 – Why do you think no one talks about Bonds anymore? 23:10 – Do you have to be a US citizen to purchase the Bonds? 23:35 – Patreon Question: How is the rate calculated? 24:18 – Has it only recently become popular with your clients? 30:48 – What do you think the interest rate will be in October 2023? 32:16 – How do your clients feel about the stock market currently? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
10/27/202250 minutes, 19 seconds
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251: Q3 2022 Quarterly Update with Sam & Johnny

Sam and Johnny go over their adventures during the third quarter of 2022. Johnny has been bouncing around Europe while waiting for his permanent residency to come through for Ukraine while Sam has been between Barcelona, Tajikistan and Thailand working on an exciting new business deal. Hear those stories and more on this free to the public podcast version. Afterward, the guys go over their portfolio performance (including screenshots) in the Patreon-exclusive section. Plus, Sam gets into detail why he is getting royal treatment on his business dealings in Tajikistan. You can access all of these parts of the show for as little as $5 a month at https://www.patreon.com/investlikeaboss Listen to ILAB 251 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Austria / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 04:10 – What are the headlines of this Quarter? 05:37 – Why was Johnny in Paris? 08:52 – How Sam got stuck in Tajikistan 11:55 – Johnny’s changes to how he travels 19:16 – Johnny almost move to Chiang Mai 21:38 – Thailand “Special” Visa 25:37 – Sam's travels over the past few months If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
10/20/202234 minutes, 14 seconds
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250: Social Investing with Stocktwits CEO Rishi Khanna

Derek interviews Stocktwits CEO Rishi Khanna to talk about social investing, how Stocktwits can help you invest smarter and how they are evolving. Then Derek and Johnny catch up with their travels and Johnny has an update on his status to get back into Ukraine. Rishi Khanna is the CEO of Stocktwits, the original social platform for individual investors and traders with 6M registered members. Before Stocktwits, Rishi was Managing Director at SS&C GlobeOp at SS&C Technologies Holdings Inc, where he had overall responsibility for sales, product, operations and strategic direction of a number of businesses serving the alternative assets industry. In 2007, Rishi co-founded and served as President of Novus, a global portfolio intelligence platform company that invented the art of portfolio intelligence, solving unique data and analytics challenges facing capital allocators and fund managers across liquid and illiquid investments. Prior to co-founding Novus, Rishi was responsible for the development of the technology and product platforms for Gerson Lehrman Group. Rishi holds a B.S. in Computer Science from Cornell University. Listen to ILAB 250 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Austria / IG @johnnyfdj Sam Marks – Tajikistan / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Discussed Stocktwits Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 14:25 – Can you give us the origins of Stocktwits? 16:18 – Lets talk about the “cashtag” 18:13 – What is your background and how did you get to Stocktwits? 22:10 – How have you seen the landscape change since starting at the beginning of the pandemic? 26:32 – How many registered users do you have and what is the activity like? 30:35 – What kind of data can you research on Stocktwits and does it help an individual investor? 36:02 – What reactions were you seeing on Stocktwits when the market activity was high? 37:58 – Do you have a team looking for fraudulent trades? 41:11 – Patreon: Is there a way to reward users who are doing well? 42:32 – Patreon: Do you have performance tracking and what makes you different from other similar apps? 45:25 – Fun closing questions, who do you follow, any cool stories, any celebrities you have worked with? 49:32 – Where do you see Stocktwits in about 5 years? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
10/13/20221 hour, 14 minutes, 52 seconds
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249: Investing in Post-War Ukraine

Johnny and Derek discuss an investing game plan for a (hopefully) potential victory for Ukraine in their ongoing war with Russia. They talk about real estate, infrastructure, industry and more in Ukraine around what they’ll need to recover in a post-war environment. Johnny also gives us an update on what he’s seeing from Ukraine and why he thinks a victory over Russia in the coming months could be a possibility. Listen to ILAB 249 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – United Kingdom / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details. Discussed 183: Kiev Real Estate Recovery Funds Founder John Suggit Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 02:57 – Johnny elaborates on his permanent residency in Ukraine and some benefits 12:38 – What is the update on the war between Ukraine and Russia? 22:42 – Where do you see the war going in the coming months? 28:15 – What is the best thing to invest in Ukraine? 32:56 – Why is the real estate market so cheap and why can’t you purchase with a mortgage? 34:23 – Where is the best place in Ukraine to purchase Real Estate? 38:44 – What about investing/working in the rebuilding of infrastructure in Ukraine? 42:05 – Johnny’s attempt at buying a tiny home? 48:40 – What has everyday life look like in Ukraine during the War? 54:25 – Where do you see Ukraine as an investment market next year? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
10/6/202256 minutes, 17 seconds
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248: Azure 3D Printed Homes with Co-Founder Gene Eidelman

Derek goes on site to the Los Angeles headquarters of Azure 3D Printed Homes to see how their approach to affordable housing with 3D printing differs from Boxabl’s assembly line approach (ILAB Episode 245). Derek sits down with co-founder Gene Eidelman to talk how he went from growing up in Ukraine to running a startup to solve the housing shortage. Then Derek and Johnny discuss if they’d invest in this, and how they’d utilize these homes for themselves. Gene Eidelman is a co-founder of Azure Printed Homes, the first-to-market construction company to utilize 3D printing technology and recycled materials to create modern prefab units 70% faster than traditional building methods, while making a positive impact on the environment. Gene went to undergrad school at USC and holds an MBA from Pepperdine. He was recognized for resettling 6,000 refugees from the former Soviet Union in the late 80s by the United States Jaycees. In addition, he appeared on Oprah Winfrey Show, and served on numerous non-profit educational organizations in the US, India, and the UK. He has over 35 years of experience building and developing residential properties. His startup before Azure was an education management company which he grew to $120MM in revenue with 1,800 employees on three continents. He co-founded Azure in 2019. Azure initially bootstrapped its growth and raised a pre-seed angel round earlier this year and is in the middle of a $5MM seed round raise. Azure generates $400K/mo in revenue and has over $14MM in pre-orders. Mass production of the units will begin before the end of this year. Listen to ILAB 248 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Netsuite Join the over 31,000 businesses that use the #1 Cloud Financial System now at Netsuite.com/ILAB and receive a special one-of-a-kind financing offer. Discussed Azure Printed Homes Invest in Azure Printed Homes Azure Printed Homes (@azureprintedhomes) Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Time Stamp: 10:54 – What is your background and how did you get here from Ukraine? 13:30 – What housing problem is Azure trying to solve? 15:45 – How can you build a house from a 3D printer? 18:06 – What customization options are there? 20:01 – What advantage do you have by 3D printing as compared to assembly lines like your competitors? 21:38 – What comes with the unit? 24:05 – Why do you think LA is the best spot to start the business? 25:48 – How do you think people will utilize their homes? 27:10 – What is the pricing of the units? 28:00 – What permits do you need to get approval for the home? 29:14 – How many pre-orders do you have and how soon are the units going to be ready? 32:23 – How much have you raised thus far in investment and what is the goal? 35:52 – What are the requirements to invest and what fees are associated? 37:07 – What's the future of azure? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
9/29/202252 minutes, 40 seconds
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247: What Are You Gonna Do with All That Money?

Sam and Derek do a one on one episode to discuss how your spending habits change at various high wealth levels. The guys break down real cash flow, income growth and spending habits for income brackets from $10-30 Million, $30-100 Million, $100M-1 Billion & $1 Billion + net worth. Sam belongs to one of these brackets already and is able to share his personal experiences on this while for Derek this is more of an aspirational episode as he hopes to be in these brackets soon. Listen to ILAB 247 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.     Discussed ILAB 130: Family Offices – Lifestyle Strategies of the Super Rich with Richard Wilson - Invest Like a Boss   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 05:45 – What does it look like to be in the $10-30 Million income bracket? 12:40 – What does it look like to be in the $30-100 Million income bracket? 23:00 – What does it look like to be in the $100 Million -1 Billion income bracket? 35:40 – How would your life change if you had $100 MIllion? 53:00 – Bonus content with patreon answers to if they had $100 Million If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
9/22/202258 minutes
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246: Combining Machine & Digital Gaming with Winner Winner

Derek travels to the Las Vegas headquarters of gaming company Winner Winner to speak with co-founder Cody Flaherty. They discuss how Winner Winner is allowing users to play real machine gaming from anywhere in the world via their mobile phones. Plus, Winner Winner has since expanded to online gaming, live trivia events and more. Sam Marks is an active early investor in Winner Winner and has worked extensively with one of their founders. Sam and Derek wrap up the episode discussing Sam’s investment, why he believes in it and what he expects from the company going forward. Cody Flaherty is the Co-founder and COO of Playtertainment, the development studio behind the live gaming app Winner Winner.  Prior to launching Winner Winner with his partner Jon in 2019, Cody was an early member of the PetFlow.com team, an online retailer of pet food and supplies. Cody was a key member of the senior executive team, helping the business realize an exit to the largest distributor of pet products in the US. Cody sits on the advisory board for Ithaca College's Customer Experience program and also consults for businesses in the ecommerce space. Winner Winner is a robust gaming platform that allows you to earn real rewards for playing games you know and love! Whether its playing physical games or playing digital games you already love to play, you can earn tickets and redeem those tickets for real rewards that are shipped directly to you! Listen to ILAB 246 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Discussed Winner Winner Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:25 – What is your “elevator pitch” for Winner Winner? 09:35 – How did you get into the gaming industry? 11:27 – What kind of investors do you have currently? 12:10 – What is your goal for Winner Winner as a business? 14:00 – How has Winner Winner evolved over the past 3 years? 16:28 – How does technology work? 18:10 – Has anyone figured out how to hack the games? 19:20 – How many users do you have and how often do they use the app? 22:16 – At what level are you at raising capital? 22:52 – Who can invest and what is the minimum request? 23:13 – What is the next plan for the business? 24:38 – Why did you start your business in Vegas? 25:49 – What is your demographic like? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
9/15/202239 minutes, 2 seconds
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245: Tiny Home/ADU Investment with Boxabl’s Founders

Derek travels to Las Vegas to visit the Boxabl Factory, where they are taking advantage of the tiny home/ADU trend happening in housing right now. He sits down with Father & Son founder team Paulo & Galiano Tiramani to discuss Elon Musk buying one of the first casitas, scaling up to multiple factories to fulfill demand, investment opportunities & more. Then Johnny & Derek talk about their experiences with the concept and whether or not they would invest in the company. Each have their concerns but are also optimistic about the industry if they can execute.   Boxabls are built in a precision factory environment from cutting edge materials and are packed with the latest technology. This means your building will be stronger, last longer, and be more energy efficient. The Boxabl mission is to significantly lower the cost of homeownership for everyone. Obsessively designed to the highest standards of quality, strength, and sustainability to last for generations.   Listen to ILAB 245 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.     Discussed Boxabl Invest | Boxabl Offering Circular Galiano Tiramani (@box_pusher) SpaceX Launch Facility - Can you spot the Boxabl? Full Interview with Boxabl Founders Tour of Boxabl Factory   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 12:42 – How did you start with Boxabl? 13:41 – Why did it take so long to get to the stage of building a house in a factory? 16:03 – Is Elon Musk living in a Boxabl? 19:35 – What do I need to have ready to have one delivered to my home? 21:14 – How are you going to deal with the high demand? 25:32 – What are the opportunities for investment? 30:00 – Patreon: Can you explain some of your Instagram Content? 33:20 – Patreon: How will repairs compare to a regular home? 35:22 – Patreon: How durable are the houses? 37:09 – Patreon: How long does it take to get to your house? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
9/8/20221 hour, 4 minutes, 45 seconds
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244: Meb Faber Returns to Talk Inflation

Fan favorite Meb Faber returns to the show after a 6 year absence to tell us about the current state of inflation. Johnny &amp; Sam also talk about how inflation has effected them living in Europe compared to what Meb is seeing in the United States. Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology. Listen to ILAB 244 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details. Discussed Meb Faber Cambria Investments Meb Faber (@MebFaber) / Twitter Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 15:30 – What is new with you for the last 2 years? 22:20 – Have you seen similarities with investment being made between the start of covid and the start of this bear market? 27:10 – What are you seeing being affected by inflation, besides the obvious (gas etc)? 31:08 – How does inflation affect your profit and what can you do about it? 46:49 – How are collectibles affected by inflation? 51:18 – Do you ever invest in tips? 53:52 – Anything new you are working on at Cambria Investments? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
9/1/20221 hour, 10 minutes, 6 seconds
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243: Update on The All-Seasons Portfolio with Meb Faber

An ILAB Callback episode to our original interview with Meb Faber from ILAB 15. Johnny and Derek create an all-new intro and outro to Sam’s interview to give an updated version of a timeless interview that is very much still relevant to today. We wanted to re-air this interview in preparation for Meb’s return on next week’s episode where he will talk about inflation. Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology. Listen to ILAB 243 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Discussed Meb Faber Cambria Investments Meb Faber (@MebFaber) / Twitter Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 09:20 – How did you get into finance? 14:00 – What is Traditional investment advice vs. modern? 22:50 – Is there any guarantee to profit after 20 years with the US market? 25:41 – What does risk parity mean? 33:18 – Can you summarize the review of the ALL Seasons Portfolio 40:38 – Do you have a model for an upcoming decade? 43:48 – How do you compare Small Cap and Large Cap growth prospective? 47:16 – What are your thoughts on Robo-Advisors? 50:28 – Is it a good route to do diversified allocation to keep your investment liquid? 53:39 – Where do you want to be invested if there is a WWIII? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here. Copyright 2022. All rights reserved. Read our disclaimer here.
8/25/20221 hour, 12 minutes, 32 seconds
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242: Primal Virtues of the Modern Man with Jonathan Rios

Sam interviews author and psychotherapist Jonathan Rios on his book Primal Virtues of the Modern Man. They talk about issues with today’s men and what they can do to get back to their ‘primal’ nature and balance their lives better. Sam and Derek catch up on the show and talk about how this applies to their lives currently and what they are doing themselves to get back to their own primal virtues. Jonathan Rios is an athlete turned mental coach and licensed psychotherapist who is deeply committed to remaining undomesticated. He works extensively with addicts, performers, veterans, stay at home mothers, business professionals, and spiritual seekers. He is a military academy graduate and former division 1 athlete with a deep appreciation for the warrior ethos. He currently lives in Jupiter Florida with his wife and four daughters. Listen to ILAB 242 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started Discussed Jonathan Rios: Primal Virtues of a Modern Man Instagram: Primal Virtues/ Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 11:30 – Tell us about your recent retreat in Wyoming? 13:38 – How did you get into psychotherapy ? 16:30 – Describe your approach and how you arrived at this unique style? 22:19 – Can you expand on the word, “Decadence”, you used in the book? 28:04 – What was the motivation for writing this book and the “3 needs of men”? 41:40 – Let’s talk about what “Love” means? 45:44 – What are some other projects you are working on? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
8/18/20221 hour, 13 minutes, 40 seconds
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241: Buy This, Not That with Financial Samurai Sam Dogen

Johnny brings the Financial Samurai back to the show, who last appeared in 2016 on ILAB 24. The Financial Samurai created a popular financial blog and was until recently only known as an image online… but he has finally revealed his identity as Sam Dogen. Dogen has a new book out titled Buy This, Not That. Johnny and Dogen discuss the book, his path to financial freedom, why he stays living in San Francisco and more. Derek jumps in on the intro and outro with Johnny where the guys catch up and discuss the Financial Samurai’s hitting points and what they agree/disagree with. In 2009, the world was falling apart, and my net worth was taking a beating. I thought it would be a good idea to start a personal finance site to help myself and others make sense of chaos. After all, I had spent 10 years working at Goldman Sachs and Credit Suisse, studied economics at William &amp; Mary, got my MBA from UC Berkeley, saved aggressively, diversified my investments, and still got financially rocked! Since the global financial crisis, more than 90 million visitors have stopped by Financial Samurai to learn, share, and grow. After writing over 2,500 personal finance articles, I’ve used my knowledge and the perspectives of so many to write an instant Wall Street Journal bestseller entitled, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. The book is your secret weapon to getting ahead in this hyper-competitive world.  You can buy a hard copy on Amazon or any book retailer. By the time you finish BTNT you will gain at least 100X more value than its cost. After spending 30 years working in finance, writing about finance, and studying finance, I’m certain you will love Buy This, Not That. Today, Financial Samurai is one of the largest independently-owned personal finance sites in the world with roughly one million organic visitors a month. And it’s all free! Listen to ILAB 241 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ilab Discussed Financial Samurai Buy This, Not That: How To Spend Your Way To Wealth And Freedom Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 15:29 – What made you decide to write this book? 18:40 – Do you think there are a lot more people who are like you financially with high living expenses? 23:37 – What was your target audience for this book? 28:49 – What are your thoughts on Bill Perkins’ book “Die with Zero”? 30:18 – Why did you write the book if it wasn't financially profitable? 32:32 – Why is adopting the mindset to be rich important? 35:12 – Why is it important to maximize your wealth? 39:34 – How is focusing on the most Important things in life related to wealth? 43:13 – Explain “The Best Time to Own the Nicest Home you can Afford” If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
8/11/20221 hour, 8 minutes, 7 seconds
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240: AG Tech & Cattle Investing with Harvest Returns CEO Chris Rawley

Harvest Returns CEO Chris Rawley joins the show to talk about the different type of agricultural (AG) investments they offer. Harvest Returns has some unique investments including tech plays, indoor farming, cattle, aquaculture and more. Johnny and Derek discuss their thoughts on the food industry as a whole and whether they’d invest in these. The guys also do a quick followup on their car situations since they last spoke about them in ILAB 236. While serving as a career naval officer, Chris Rawley visited dozens of war-torn and poverty stricken countries and began to appreciate the importance of agriculture to every single person on earth. As a professional investor with this new found appreciation, he decided to invest in a farm, but quickly discovered that these types of assets were inaccessible to the average person. The problem drove him to create Harvest Returns in 2016 to democratize investments in agriculture. Rawley has held corporate management roles in Jones Lang LaSalle, Electronic Data Systems, L-3 Communications, and served as a defense consultant at Special Operations Command with Blackbird Technologies. He has invested in real estate and income-producing agriculture for nearly two decades. Rawley is an angel investor in early stage agriculture and food companies, including the Indian agriculture FinTech company Jai Kisan. He serves on the advisory board of the AgTech start-up AgroFides. Rawley is a Captain in the Navy Reserve, serving as the Reserve Chief of Staff for United States SIXTH Fleet, and provides oversight for more than 500 sailors operating across Europe and Africa. During his 29 year military career, Rawley has filled a variety of leadership positions in naval, expeditionary, and joint special operations units afloat and ashore. He has deployed to Afghanistan, Iraq, throughout Africa, the Middle East, and Western Pacific. Rawley has a degree from Texas A&M University, earned an MBA at George Washington University, and is a graduate of the U.S. Naval War College. He is the author of Unconventional Warfare 2.0 and an avid water sports enthusiast. Listen to ILAB 240 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Netsuite Join the #1 Cloud Financial System now at Netsuite.com/ILAB and receive a special one-of-a-kind financing offer. Discussed Harvest Returns Harvest Returns | Facebook Harvest Returns | Twitter Harvest Returns | LinkedIn Harvest Returns | Instagram Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 12:22 – How did  you get into the agricultural space? 16:08 – What are your thoughts on the US agricultural system as compared to other countries? 18:59 – How is the agricultural market correlated to the stock market? 21:58 – Was it harder to invest in agriculture 15 years ago? 23:26 – Can you expand on corporate farming and technology? 25:24 – How do prices of crops vary year-to-year? 28:19 – What is AG tech? 30:01 – Are there any particular animals you prefer to invest in? 32:16 – What are some examples of indoor agriculture? 36:34 – What concerns are there about climate change? 39:58 – How do you come across these deals? 41:02 – Who can invest and where can you invest and how much does it cost to invest? 44:08 – Approximately how much assets do you have under management? 46:42 – How are the returns on investments done? 47:34 – How would you say your company is different from your competitors? 49:21 – What investment are you really excited about? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
8/4/20221 hour, 17 minutes, 28 seconds
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239: Q2 2022 Quarterly Update with Sam & Johnny

Sam and Johnny go over their wild quarter of life experiences in Q2 of 2022. Both are recording from their actual homes together for the first time, Sam in Barcelona and Johnny in Kyiv. The guys take philosophy of life, updates on the Ukraine war, plus a happy charity update from the school in Bucharest that we donated to earlier this year! Full financial breakdowns for the quarter are available to Patreon members only. Sign up for as low as $5 a month to instantly access when you sign up HERE Listen to ILAB 239 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Discussed WE FUNDED A SCHOOL FOR UKRAINIANS! 🇺🇦🇷🇴 IN ROMANIA! Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 04:08 – Do you think if we had taken different directions in life would we have liked it? 14:17 – How is life treating you Sam? 17:26 – Describe your experience doing mushrooms? 25:54 – What’s happening in Johnny's Neighborhood? 35:32 – Invest Like A Boss Charity ventures If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
7/28/202243 minutes, 39 seconds
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238: Ask Sam Marks Anything

We polled ILAB listeners for your questions and said Ask Us Anything! We received so many questions that we decided to split it into two episodes, one for Johnny and one for Sam. Last week (ILAB 237) was Johnny and now it’s Sam’s turn. Sam will answer questions on investing as well as lifestyle in this open forum style episode. Listen to ILAB 238 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Montenegro / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Shopify Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.   Discussed Life advice from the generation before you (my bucket list poem)   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 02:01 – Sam talks about his recent coolest experience of his life 10:21 – What did Derek do this week? 15:02 – Do you have any updates on Mt. Gox BItcoin? 24:03 – What are your thoughts on the downturn, and have your strategies changed? 28:08 – How confident are you in the accuracy of the projected value of the wine? 32:02 – What are your thoughts on buying land in Thailand? 37:15 – What was your day to day like when you were living in the UK and then in China?  46:42 – What is the most valuable/interesting thing you learnt while doing the podcast? 53:43 – Can you elaborate on your bucket list video? 58:53 – If you could share a meal with any 4 individuals living or dead, who would they be? 59:48 – Where do you see yourself in the next 10 years? 62:02 – Imagine you were married with kids today, how would your life be different? 67:29 – What is one of the biggest challenges of traveling all over the world? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
7/21/20221 hour, 14 minutes, 17 seconds
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237: Ask Johnny FD Anything

We polled ILAB listeners for your questions and said Ask Us Anything! We received so many questions that we decided to split it into two episodes, one for Johnny and one for Sam. First up is Johnny, where he answers questions on investing as well as lifestyle in this open forum style episode. Listen to ILAB 237 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Montenegro / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedBusinesses now only pay for quality applications matching their sponsored job description. Get started now at Indeed.com/ILAB Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:18 – Where would you diversify your investments right now? 13:35 – What are thoughts on the current economic downturn? 20:41 – During the bear market, are you buying on the way down? 23:17 – When buying a business what are the more creative deal structures to minimize cash to close? 28:05 – What are your thoughts on buying land in Thailand? 32:40 – What do you think about saving liquid assets? 36:10 – How did you get your portfolios to get dividends?  40:40 – How has starting this podcast changed your life? 46:40 – Have you ever visited parts of China where your family originated from? 49:50 – Who are some of your heroes? 51:50 – What do you think life would be like if you were married and have kids? 54:44 – What has been your biggest challenge living all over the world? 57:33 – What does your average day consist of? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
7/14/20221 hour, 6 minutes, 7 seconds
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236: Expenses of Owning a Car

Johnny and Derek do a one-on-one episode about a subject they are both passionate about – cars! We try not to bring them up too much in the show, but both guys are certified car nuts, so this is a fun episode that hopefully you’ll get something out of as well. Your car is an expense that often gets overlooked as many deem it a necessary cost to live life. Nonetheless, the guys talk how to find a deal in this crazy car market, new cars they are in the market for, cars they love, cars they hate and more in this fun riff of an episode. Listen to ILAB 236 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Montenegro / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NetsuiteJoin the #1 Cloud Financial System now at NetSuite.com/ILAB and receive a special one-of-a-kind financing offer.   Discussed: Everyday Driver The Smoking Tire Johnny’s Porsche he bought in Kyiv Derek ordered a Ford Maverick similar to this which should arrive late 2022 Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 04:08 – What is the cost per month of owning a car? 08:00 – Derek’s parking side hustle 09:26 – Is car ownership the worst investment? 11:16 – Derek’s other instagram 12:17 – Johnny’s and Derek’s favorite car podcasts 15:40 – Johnny and Derek discuss options of renting cars 19:50 – Johnny bought a car 33:21 – Derek is ordering a new car 38:04 – Johnny used to own a Miata 41:11 – Johnny’s first car If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
7/7/202257 minutes, 57 seconds
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235: Composer’s Quantitative Strategy Tool Let’s You Invest Like Hedge Funds

Johnny interviews Composer CEO & Co-Founder Ben Rollert on this episode to talk quantitative strategies. If you aren’t familiar with quants, they’ve been used by hedge funds for decades to determine trades and were only available to those with advanced mathematics degrees until now. Composer has created an easy to use tool featuring hundreds of pre-determined strategies aka “symphonies” like following your favorite billionaire investor, buying dips in sectors, hedging inflation and so much more. After the interview, Johnny and Derek go through some of the various pre-determined “symphonies” and which ones they’d execute in their own portfolios. Ben Rollert has over a decade of experience in product and data science leadership roles. He was previously VP of Product and Data Science at Breather, a work space as a service company. Ben has been an active trader and investor since he was a teenager, and founded Composer in response to his own frustration with the difficulty of implementing automated trading strategies. Today, he serves as CEO of Composer, the premiere no-code platform for building and investing in algorithmic investing strategies. Composer has raised funding from First Round Capital, Alumni Ventures and Packy McCormick’s Not Boring Fund. Composer is the next generation of active investing. Invest in a portfolio of rules-based strategies. Or build your own. No code, no spreadsheets, no manual investing. Let algorithms execute trades for you. Choose from our growing collection of ready-made strategies. Explore momentum, paired switching, and other hedge fund-like styles. Open up a strategy to view its performance and live holdings. See how it works in both visual form and in plain language. Use the strategies as is or edit as you wish. You can also use a no-code visual editor to create and modify strategies. Listen to ILAB 235 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Montenegro / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Discussed: Composer   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 07:55 – How do you explain to someone what Composer is? 08:53 – Was this possible 10 years ago? 12:04 – How does Composer compare to index funds? 16:42 – How does “buy the dips” work? 18:03 – How does the “risk on/off leverage S&P500” work? 21:53 – Are any features you find stand out more than the others? 24:35 – What are the biggest benefits of Composer? 32:11 – Who can invest, and what is the minimum to start investing? 34:18 – What fees are associated with composer? 37:06 – Derek and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
6/30/202254 minutes, 2 seconds
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234: Sam & Derek’s Metaverse Portfolio Update

Sam and Derek provide updates on their drastically down metaverse portfolios. They go over each individual holding and their respective current losses in this bear market. They also indicate why they are still excited about this space and which companies they are continuing to invest in. Individual stock holdings mentioned in the episode: $AI, $AMD, $ATVI, $BILI, $AVID, $EA, $KWEB, $MTTR, $COIN, $NHNCF, $RBLX, $SONY, $U Listen to ILAB 234 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Balkins / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Discussed: 195: Diving into the Metaverse with Virtual Reality Picks - Invest Like a Boss 196: Breaking Down Sam's $500K Metaverse Portfolio - Invest Like a Boss 197: Jon Radoff Gives Us the Metaverse Vision Quest - Invest Like a Boss   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 05:55 – Let's start by talking about crypto 11:35 – What about private investments? 19:24 – Let’s talk about my favorite mataport? 23:05 – Let's talk about bmobile 28:58 – What about stocks? 38:44 – How do you predict the stocks and what do you buy into now? 41:20 – What is our benchmark? 47:14 – Is now the time to invest in the metaverse for the first time? 51:59 – What is the plan going forward? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
6/23/202248 minutes, 25 seconds
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233: Our Investment Plan for the Bear Market

Johnny and Derek do a 1 on 1 episode discussing their investment plan for the ongoing bear market. What’s changed in their philosophy, now that everything is not just blindly going up, dealing with inflation and what they’re buying/avoiding in today’s market. Listen to ILAB 233 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Balkins / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Support Invest Like a Boss: Join our Patreon   Discussed: 222: Emergency Funds 101 - Invest Like a Boss 167: 2021 Bitcoin Outlook with Stephan Livera - Invest Like a Boss 186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss - Invest Like a Boss 218: Saifedean Ammous Explains The Bitcoin Standard - Invest Like a Boss 203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall - Invest Like a Boss   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 03:33 – What is a Bear Market? 06:11 – Gas Prices all over the world 11:10 – How much do you think car and housing prices have changed? 16:38 – What is happening with crypto? 22:26 – How has the NFT market changed? 28:26 – What is the first thing to do to change with the bear market? 31:45 – What is the second move to make? 34:55 – What categories have not decreased with the bear market? 38:34 – Do you buy more or do you sell with the bear market? 44:02 – Do you know how many recessions they had in the last 20 years? 54:49 – What is an I-Bond? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
6/16/20221 hour, 4 minutes, 40 seconds
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232: Sam Marks on Building & Exiting His $100M Business with Justin Donald

We pull Sam's recent interview from Justin Donald's "Lifestyle Investor Podcast" for our bosses to hear in case they missed it. Sam and Derek provide intro/outro duties to help set up the interview and elaborate further on Sam's journey to a $100M exit with his company at the end of the show.  Entrepreneur Magazine calls Justin Donald “The Warren Buffett of Lifestyle Investing.” Imagine being able to earn passive income, long-term equity, and achieve financial freedom while gaining total freedom from your business or a job. That’s what Lifestyle Investing is all about. Justin Donald has mastered the low-risk cash flow investment principles he shares with entrepreneurs around the world. His alternative investing principles center on creating passive income and significant wealth while liberating yourself from a day-to-day job so you never run out of money. His innovative mindset principles and 10 commandments of Lifestyle Investing have released scores of entrepreneurs from the “golden handcuffs” that came with running life-consuming enterprises. This show focuses on showing today’s entrepreneurs and business executives how to think and invest to limit risk, maximize repeatable returns, and achieve retirement goals through his proven passive income cash flow strategies. Justin’s principles enable you to move from an “earned income” career to support your lifestyle with passive cash flow investments including real estate, operating companies, debt, equity, and franchises that give you the absolute freedom to live the life you truly desire. Interviews with top thought leaders, such as, John Lee Dumas, Ryan Levesque, Hal Elrod, Jon Vroman, Mike Koenigs, Phillip Stutts, Rob Dial, John Ruhlin, Brad Johnson, Robert Glazer, Mike Michalowicz, Geoff Woods, Steve Sims, and many more! Listen to ILAB 232 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Poland / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB  Support Invest Like a Boss: Join our Patreon   Discussed: The Lifestyle Investor Podcast Justindonald.com 204: "The Lifestyle Investor" Justin Donald - Invest Like a Boss   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 07:57 – Can you tell us some of your “setbacks” at college? 12:57 – Tell us about your travels internationally? 14:10 – Did you move to the UK because of business opportunities? 19:38 – Can you tell us about selling your company for $100M? 22:48 – Can you explain the highs and lows about the experience? 27:19 – When did you pivot to the podcast? 33:32 – What are the lessons you learnt in the transition? 39:53 – How have you merged your investing into a lifestyle? 51:00 – Derek and Sam review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
6/9/20221 hour, 15 minutes, 39 seconds
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231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei

Derek interviews European Watch Company representative Joshua Ganjei about the explosion of interest in trading and investing in luxury watches. Joshua breaks down watch culture, what the market looks like, what brands/models are hot and which watches are the most sought after today. Then Derek and Johnny share their experiences with high end watches and how they're looking to get in on this opportunity.  Established in 1993, European Watch Company is one of the premier watch dealers in the world. This family business strives to treat you like family. European Watch Company offers seamless and trusted watch buying, selling and trading services globally. The 5- Star reputation, and the curated selection of the finest timepieces in the world is what sets this business apart. The in stock inventory listed on the website is always up to date, and is ready to be shipped globally to your door. Download the iOS app from the App Store to see a continuously updated inventory of the finest watches in the world. Listen to ILAB 231 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Poland / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NetsuiteJoin the #1 Cloud Financial System now at NetSuite.com/ILAB and receive a special one-of-a-kind financing offer.  Support Invest Like a Boss: Join our Patreon   Discussed: European Watch Co (@europeanwatchco) European Watch Company European Watch Co: buy or sell on the App Store Johnny’s new ‘luxury’ watch mentioned in the episode Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 10:23 – How did you get involved in the business? 16:33 – Can you tell us more about your business? 18:33 – Is your business mainly local or international? 21:05 – How has the interest in the industry increased over time? 27:35 – What is the average type of collector? 31:10 – Do you have a suggestion for a “starter” watch for a collector? 35:51 – Are the collectors more interested in the older models or the newer models? 39:34 – Are watch companies doing collaborations? 42:16 – How do you ensure authenticity? 45:05 – Any recommendations for keeping the quality of the watch? 47:30 – Is there a way to buy one at a retail place? 49:05 – Patreon Question: How much for a Rolex day date? 51:07 – Patreon Question: How has smart watches affected traditional watches 53:00 – Patreon Question: What's the best way to appraise a watch? 54:10 – Patreon Question: How much higher can the Rolex Royal Oaks keep going? 55:42 – Patreon Question: What are your thoughts on a non-swiss brand? 57:33 – What are your favorite watches in your collection? 63:17 – Derek and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
5/26/20221 hour, 25 minutes, 10 seconds
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230: Johnny's Update on the Ground From Ukraine

Johnny and Derek discuss in long form what's happening on the ground in Ukraine. Johnny crosses back over the border and breaks down what everyday life looks like now since the war with Russia has begun. They discuss the different regions of Ukraine, where Russia has attacked, what's still open, how people are maintaining "normal" lives during wartime & more. Johnny also gives an update on the state of his properties in Ukraine plus what his plan is going forward in Ukraine.   Listen to ILAB 230 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Poland / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Johnny, Sam & Derek have donated $1,000 to Ostrovok, a school for Ukrainian refugees. You can learn more about them and donate yourself Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 05:00 – Can you describe Ukraine? 07:42 – Why are certain cities or regions of Ukraine important to Russia? 19:15 – How did you get back into Ukraine? 23:00 – Tell us about the project you have raised money for through Go Fund Me 27:46 – How has the war affected the currency of Ukraine? 30:35 – What is it like for the operation of businesses? 34:54 – Tell us about Kiev 41:43 – How many people would you say are still in Kiev? 48:46 – Can you give us an update on your properties in Kiev? 51:01 – Is there a lot of looting happening in Kiev? 56:33 – What do you see the future of Ukraine is? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
5/19/20221 hour, 6 minutes, 46 seconds
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229: Sam's Firsthand Bordeaux En Primeurs Week Experience

A follow-up to ILAB Episode 228, Sam shares his personal experiences at Bordeaux's famed "En Primeurs" week. He went along with Julien Angevin, who is the curator for Volume Wine Vault. They tell us about the experience tasting, investing and the attitudes that these vineyards carry toward pure wine investors.  Listen to ILAB 229 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ComposerComposer allows you to build a portfolio of hedge fund-like strategies using quantum mathematics. Get started FREE today at composer.trade/boss Support Invest Like a Boss: Join our Patreon Discussed: Sam's Wine Portfolio (Patreon Exclusive) Volume Wine Vault LinkedIn: Julien Angevin Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 03:35 – How did Sam meet Julien in Bordeaux? 09:45 – Sam’s first experience with burgundy wines 17:30 – What happened on the 1st day of “En Primeurs” day? 30:49 – The experience of tasting at Joannne’s 40:52 – Discuss the rest of the day after Joanne’s 50:08 – Can you explain the pricing? 56:00 – How has Julien helped Sam acquire some of the top 25 wines? 62:00 – Do you have competitors? 68:00 – Sam Outro If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
5/12/20221 hour, 12 minutes, 41 seconds
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228: Investing in Bordeaux "En Primeur" Wine Futures

Sam interviews Cult Wines CEO Tom Gearing for the second time (first appearance ILAB 161), to get a more specialized look at the most important wine region in the world. Bordeaux, France has an annual wine futures purchasing period called "En Primeur" and Tom explains how to get involved in this and find the best values for future wine profits. Then Sam and Derek talk about their thoughts on wine and how we've progressively covered this subject on ILAB. Sam also teases that he will give a first hand telling of his experience at En Primeur in the next episode as Sam actually attended the event and was able to sample over 100 wines from the barrel. Listen to ILAB 228 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Cult Wines Wine Investment Patreon ILAB Cult Wines Promo Link ILAB 161: Cult Wines - Tom Gearing - Invest Like a Boss Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 13:10 – Is this “En Primeur” 2021 or 2022? 14:10 – Is this event unique to bordeaux? 16:17 – What happens at “En Primeur” week? 19:18 – Who can go or would you expect to see at the event? 20:50 – Are all the local growers participating? 25:35 – How much of the chateau’s production is sold at “En Primeur”? 28:33 – How does the tasting and buying work? 34:20 – Does the release price change every year? 39:52 – Can anyone attend the event? 42:25 – Historically, has allocation yielded a positive return? 47:35 – Is there a plan to how much of Cult Wines purchasing is allocated to “En Primeur”? 52:57 – Patreon question: Are you working with Blockchain technology to track wines? 54:11 – Patreon question: Is there a solution to being denied cards even with a high enough credit score? 57:45 – Any wines you are particularly interested in? 60:04 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
5/5/20221 hour, 16 minutes, 14 seconds
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227: Travel for (Almost) Free with Credit Card Points Hacking

Derek interviews Mile Method's Trevor Wright to talk about his secrets of flying around the World for (almost) FREE. Trevor has flown to 133 countries for an average of $16/flight! Johnny also hops on the intro and outro to tell us about his place in Kyiv, which is where he's recording this episode from. Derek and Johnny talk about their experiences with points, flying and whether chasing the points game has paid off or not for each of them.  North Dakota-born, Nebraska-raised, Trevor's globetrotting has spanned the spectrum from study abroad student to broke backpacker to luxury traveler. He has averaged $16 per flight to 133 countries while staying free in some of the world's most prestigious hotels. In 2014 Trevor started MileMethod, a 1-on-1 service that earns US clients enough miles/points via credit card signup bonuses to visit their Top 3 Destinations at 95%+ discounts. Listen to ILAB 227 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NOVOSign up for your FREE business checking account RIGHT NOW at Novo.co/ILAB. Plus, Invest Like A Boss listeners get access to over $5,000 in perks and discounts. Support Invest Like a Boss: Join our Patreon Discussed: MileMethod IG : @milemethod Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 14:09 – How did you get started using the points programme? 16:43 – How do points programmes actually work? 21:57 – What airlines have you found to be the most generous? 24:44 – How have the airlines made adjustments to affect their bottom line as a result of Covid-19 pandemic? 26:51 – How do you find the best sign up offer for a card? 28:35 – What do you think about the other sites which use affiliate links? 32:10 – How does signing up for the cards affect your credit score? 36:01 – Is the card useless after you sign up and use the miles? 39:14 – How come no credit card company red flags you? 41:19 – What are you looking for in an ideal client? 45:00 – What is your fee structure for your clients? 46:26 – How do people meet the minimum bonus? 48:08 – Why not just sign up for a “cash back” card? 52:00 – Patreon question: Are there still airlines doing mileage runs which are economical? 54:11 – Patreon question: Is there a solution to being denied cards even with a high enough credit score? 56:26 – Patreon question: What are the options for non-american clients? 58:56 – What are some fun trips you have been on? 62:14 – What do you see on the horizon with the points programmes? 66:05 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
4/28/20221 hour, 26 minutes, 8 seconds
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226: Economics of Adult Entertainment with Dan Leal

This episode contains adult themed content, but we tried to keep it as PG-13 as possible! Johnny interviews "Porno Dan" Leal, who has been a porn producer and actor for over 20 years where he's produced over 5,000 scenes. Dan tells us about the economics of getting into the adult entertainment industry. Learn about how little performers make in scenes and how much they make branding on their own in today's world of OnlyFans. Johnny and Derek discuss takeaways from the interview at the end and discuss a bit about their experiences dealing with people in the industry.  Porno Dan is an American pornographic movie director and actor. He has been nominated for over 150 AVN Award, XBIZ Award and XRCO Award nominations and was inducted into the AVN Hall of Fame in 2015 Listen to ILAB 226 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Poland / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: “Danland” Trailer- Porno Dan’s Documentary Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 06:36 – How did you get into the Adult Entertainment Industry? 11:13 – What is the rate for an Actor/Actress in the industry and how has it changed? 13:55 – What is feature dancing? 18:31 – Who’s idea was it to create a ”hub” for adult entertainment? 21:51 – How do many people get started in the industry? 25:02 – Is it true that the “tube” sites aren't profitable? 26:22 – How do you make money as a video producer? 29:03 – How has government regulation changed? 30:52 – Hypothetically how would you get into the industry now? 35:05 – What are your thoughts of celebrities releasing sex tapes? 38:54 – Can you explain the idea of how you and Johnny are raising money for Ukraine? 45:16 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
4/21/202259 minutes, 34 seconds
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225: Q1 2022 Quarterly Update with Sam & Johnny

Johnny and Sam recap the most tumultuous quarter in ILAB history. Everything from escaping the war in Ukraine and leaving the fate of his properties behind, to then going to Hungary, Greece and now Poland for Johnny. During this time, Sam left Spain and decided to start a motorcycle trip around Thailand. And that's just the lifestyle update for the audio podcast portion! If you'd like the full episode with portfolio breakdowns and the announcement of major changes to ILAB coming soon, you have to be a Patreon. You can sign up now to instantly access for as low as $5/month HERE. Listen to ILAB 225 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Poland / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: CommonstockCommonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock.com Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 05:25 – How has Johnny been handling the war in Ukraine? 19:16 – Johnny talks about this tiny winery? 23:18 – How do you feel, Sam, about owning multiple properties around the world? 25:54 – Johnny and Sam talk about being American and preferring to live outside of the US 32:45 – Sam talks about a fundraiser for Ukraine he was involved in? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
4/14/202244 minutes, 24 seconds
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224: Tax Savings Hacks 101 with Johnny & Sam

It's tax time in the United States, so Johnny and Sam go over some of the (legal) tax hacks they've learned about and taken advantage of over the years. Many of these may apply to other residents of other countries as well, so find out what you may be missing out on in this episode. If you have more hacks to add, make sure to let us know! Listen to ILAB 224 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 10:19 – Would you consider giving up your American citizenship? 15:45 – What is earned income? 20:39 – What is FEIE? 28:18 – What are the tax advantages of living in Puerto Rico? 32:09 – What is the Self-employment tax and how do you work around it? 36:02 – What is Capital gains? 43:27 – How is starting your own business one of the biggest tax breaks? 55:09 – What is a health savings account? 57:31 – What is a donor advised fund? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
4/7/20221 hour, 5 minutes, 15 seconds
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223: Intro to Digital Land Investing with WeMeta CEO Winston Robson

This is our first episode on the topic of digital land investing. Derek interviews WeMeta CEO/Founder Winston Robson to get an introduction to digital land and how it differs from physical land. They go over use cases, restrictions, future potential and challenges for digital real estate. It's super early in the space, but there are a lot of people betting on the future of land in the metaverse. Derek and Johnny end the episode with their takeaways on digital land and potential use cases of the metaverse.  Winston Robson is a data scientist and CoFounder at WeMeta. Inspired by the open source capabilities within the MetaVerse, Winston launched the company in May of 2021. Originally from Los Angeles, Winston combined his knowledge of the real estate market and engineering capabilities to create the world’s most thorough MetaVerse real estate analytics platform: WeMeta. The company helps investors source through available MetaVerse properties and make sound investments. Listen to ILAB 223 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NOVOSign up for your FREE business checking account RIGHT NOW at Novo.co/ILAB. Plus, Invest Like A Boss listeners get access to over $5,000 in perks and discounts. Support Invest Like a Boss: Join our Patreon Discussed WeMeta, the leading digital land marketplace Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 10:10 – Can you tell me about your background and how you started WeMeta? 15:45 – Why should someone invest in digital real estate? 17:30 – How can you stop platforms from adding land making it infinite? 19:22 – Can you split up plots to fractionalise? 20:40 – What kind of activity are you seeing from the top 3 platforms? 23:05 – Are there alot of “land owners” in the various platforms? 24:32 – Why is dentraland plots more valuable than sandbox? 26:00 – What happens if a platform shutdowns or merges? 27:00 – Why does the plot of land actually look like? 28:08 – Why are there roads in the metaverse? 29:36 – What are the factors to consider with digital land? 31:05 – Does digital land have residential or commercial, etc zones? 32:43 – How can you purchase land in WeMeta? 34:14 – Does the land value change with the cryptocurrency value? 35:56 – What kind of land value growth are you seeing? 39:28 – How do you value a property? 42:22 – Do you find people are flipping undeveloped land, or are they building on it then selling it?  46:45 – How does WeMeta profit from this? 49:12 – What are you looking at to purchase now? 45:42 – Johnny and Derek Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
3/31/20221 hour, 6 minutes, 13 seconds
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222: Emergency Funds 101

Johnny & Derek go over everything related to the ever important "Emergency Fund". From how to save for it, where to store it, use cases where it saved them and more. It's extremely important to have readily accessible funds for emergencies, but many people still don't do it! Listen to this episode and get your emergency fund sorted before you need it. Listen to ILAB 222 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 05:55 – What’s the percentage of Americans who can cover a $400 emergency? 09:05 – First you need to work out how much you need for an emergency fund? 12:53 – Where do you keep the money? 16:16 – Don’t have your money all in one currency 20:55 – What about saving some money in Bitcoin or other crypto currencies? 25:30 – Where can we get the best yields in savings accounts? 28:17 – Should you use emergency funds to cover Debts? 29:47 – What steps to take to get the emergency fund started?  33:41 – How Johnny started his Emergency fund If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
3/24/202242 minutes, 5 seconds
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221: "Adventure Capitalist" Author Jim Rogers

A book mentioned many times over on ILAB throughout the years is "Adventure Capitalist" and we were finally able to speak to author Jim Rogers on this episode! Sam and Derek kick off the show both talking about the influence of the book and then jump into the interview. Sam interviews Jim where he touches on his experiences visiting nearly every country in the world, even ones at war during the time. Jim then speaks of his views on the current state of the economy, what markets you should be looking to invest in, the importance of history to the economy, and where he plans on traveling to next. Sam and Derek wrap up the show with travel experiences of their own and what they think about Jim's thoughts on the future, especially with regards to China.  Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator, adventurer, and successful international investor.  He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, The Business Times, The Straits Times and many media outlets worldwide.  He has also appeared as a regular commentator and columnist in various media and has been a professor at Columbia University. After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership.  During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%.  Rogers then decided to retire – at age 37.  Continuing to manage his own portfolio, Rogers kept busy serving as a full professor of finance at the Columbia University Graduate School of Business, and, in 1989 and 1990, as the moderator of WCBS's 'The Dreyfus Roundtable' and FNN's 'The Profit Motive with Jim Rogers'. In 1990-1992, Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records.  As a private investor, he constantly analyzed the countries through which he traveled for investment ideas.  He chronicled his one-of-a-kind journey in Investment Biker: On the Road with Jim Rogers.  Jim also embarked on a Millennium Adventure in 1999.  He traveled for 3 years on his round-the-world, Guinness World Record journey. It was his 3rd Guinness Record.  Passing through 116 countries, he covered more than 245,000 kilometers, which he recounted in his book Adventure Capitalist: The Ultimate Road Trip.  His book, Hot Commodities: How Anyone Can Invest Profitably In The World's Best Market, was published in 2004.  Another of his books A Bull in China describes his experiences in China as well as the changes and opportunities there. His recent book A Gift to My Children is a heartfelt, indispensable guide for his daughters (as well as for all adults and children) to find success and happiness. His latest memoir Street Smarts: Adventures on the Road and in the Markets was published in February 2013. Recently in January 2018, his book A Gift to My Children, 2nd edition which was published in Chinese, was launched in China. And in October 2018, another of his book The Next Big Wave, published in Complex Chinese, was launched in Taiwan. Rogers had two number one bestsellers in Japan namely The Future of Japan and A Warning to Japan that were published in January and July 2019 respectively. WCBS's 'The Dreyfus Roundtable' and FNN's 'The Profit Motive with Jim Rogers'. book The Next Big Wave, published in Complex Chinese, was launched in Taiwan. Rogers had two number one bestsellers in Japan namely The Future of Japan and A Warning to Japan that were published in January and July 2019 respectively. Listen to ILAB 221 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Budapest / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: Commonstock Commonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock Support Invest Like a Boss: Join our Patreon Discussed: Jim Rogers (Official Wedbsite) Like these investments? Try them with these special ILAB links:   ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:08 – Tell us about your Guinness Book World Records? 09:40 – Did you have any difficulties receiving permissions for your travels? 11:26 – How did you communicate in these foreign countries without speaking the language? 12:38 – Did you have a plan for these trips or was it kind of a day-to-day? 15:12 – Can you explain the dynamic of “borrowing short and committing long”? 17:19 – What kind of investments were you looking at during your travels? 18:27 – Who is the best investor you have worked with? 19:27 – Can you talk about a fund you had with George Soros? 20:50 – Patreon Question: What do you think about the prediction that the US Stock market is a super bubble about to pop? 25:33 – What do you think would be some big changes if you were to take the same trip around the world you did 20 years ago? 27:16 – Do you have any big trips planned? 28:11 – What investing advice do you give to your kids? 29:19 – How do you like Singapore in terms of economy? 33:17 – Sam and Derek Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
3/18/202250 minutes, 12 seconds
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220: Cryptocurrency Tax Hacks with Chris Kotarba

This episode kicks off with Johnny telling of the journey to make it out of Ukraine safely. This sparked a conversation on the importance of bitcoin and other cryptocurrencies in times of war and failing fiat currencies. Then the show jumps to longtime ILAB listener and tax professional Chris Kotarba (Chris K) who explains ways, for U.S. citizens in particular, to hack the system and legally save on taxes. Legislation rules in place for other investments do not necessarily apply to crypto, so he explains how you can potentially save a lot on your taxes if you are holding crypto. Then Sam and Johnny circle back to share thoughts on the complicated tax situation around crypto and tease an upcoming 101 episode on more broader tax hacks.  Chris Kotarba (“Chris K”) is a Managing Director with Alvarez & Marsal Taxand, LLC in San Jose. He specializes in international tax and his primary areas of concentration are planning, structuring, and transfer pricing, both outbound and inbound, for multinational companies of all sizes. Mr. Kotarba has worked with clients across various industries, including retail, technology (both software and hardware), pharma, medical devices, and financial services. He has specialized expertise in transactions involving cryptocurrencies, NFTs, and other digital assets, including ICOs, forks and token swaps. Prior to joining A&M, Mr. Kotarba spent eight years as an attorney with DLA Piper in Palo Alto. He led more than a dozen global expansions and other corporate restructuring projects, developed a focus for US companies with Asian operations and closed a high-profile joint venture in China. Mr. Kotarba also helped companies onshore their IP to the US, both permanently and temporarily. He was briefly seconded to DLA Piper’s Hong Kong office, where he worked with Asian companies expanding to the US. Mr. Kotarba earned a JD from Columbia Law School and a LLM in taxation from NYU School of Law. He is admitted to practice law in California, New York, and Massachusetts. Mr. Kotarba is the current President of the San Francisco Foreign Tax Club.  Listen to ILAB 220 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Budapest / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access to Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.  Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 10:13 – Can you tell me about your career background? 12:28 – What kind of income does cryptocurrency fall in? 17:47 – Do you get tax credit if your crypto value reduces? 18:53 – Can you use capital losses in future years like a rollover? 20:18 – Are all cryptocurrencies taxed the same way? 21:39 – How does someone report this to their tax professional? 25:37 – Is there a minimum to be reported? 26:16 – What is the penalty for not reporting? 29:13 – Is there a statue of limitation? 31:10 – What happens if you sell your crypto after moving to another “tax friendly” location? 36:33 – Would you suggest selling anytime you think a crash is coming? 45:42 – Johnny and Sam Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.
3/10/202246 minutes, 42 seconds
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219: FarmTogether CEO Artem Milinchuk Returns to Talk Rapid Growth of Farmland Investing

FarmTogether Founder & CEO,  Artem Milinchuk, returns to ILAB exactly one-year later to talk about their incredible growth as they approach nearly $200M AUM, as well as their commitment to funding sustainable and prosperous farming. Check out Artem's first appearance on Episode 172 to hear the basics and come back to this episode to hear about the advancements they've made since then. Johnny and Derek also discuss the challenges facing the U.S. food system, and of course, Johnny addresses the tense situation with him in Ukraine while Russia is in the middle of an invasion. FarmTogether is a farmland investment manager powered by cutting-edge tech. For the first time, accredited investors have access to fractional shares of institutional-quality farmland, without the steep price tag or previously required farming know-how. Through the FarmTogether platform, investors are able to browse carefully vetted farmland investments, review due diligence materials, and sign legal documents, seamlessly online. Artem has over 11 years of finance experience in food, agriculture, and farmland. He holds an MBA from The Wharton School, and a BA and MA in Economics from the Higher School of Economics. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce. He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y and PwC. Listen to ILAB 219 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Discussed: FarmTogetherMention "Invest Like a Boss" in the podcast section under how did you hear about us Episode 172: Invest in Farmland with FarmTogether CEO Artem Milinchuk  Detailed Update on FarmTogether by Artem Milinchuk   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 11:29 – What has changed in the past year for FarmTogether? 13:04 – Is it more profitable that all your deals are now certified and sustainable investments? 16:48 – Is it a correlated asset with residential/commercial real estate? 17:44 – Did the recent stock market hit affect the farm industry? 19:15 – Can you describe some of the sustainable practices employed on your properties? 21:11 – Is it possible to scale up regenerative practices used in small farming? 25:45 – Can you expand on the Leading Harvest Farmland Management Standard? 27:25 – How have you seen the alternate asset space improve over the last few years? 28:45 – Have there been any deals that have gone full circle? 30:55 – Do you have any foreign investors on your platform and is it still only available to accredited investors? 32:27 – Can you talk about some of the previous funded deals on your platform, such as the timeline and returns? 36:10 – Why do investors choose this asset class? 38:46 – Can investors visit the farms? 45:42 – Johnny and Derek Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
3/3/202256 minutes, 10 seconds
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218 : Saifedean Ammous Explains The Bitcoin Standard

Sam and Derek take a deep dive into Bitcoin as it pertains to use cases, perception, future growth, inflation and more. Sam interviews Saifedean Ammous, author of The Bitcoin Standard, who was once a critic of Bitcoin himself but now has seen the power of its capabilities. Saifedean expertly drops deep knowledge on all things Bitcoin and explains why it is a superior alternative to fiat currency.  Dr. Saifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the best-selling groundbreaking study of the economics of bitcoin. The book was a pioneer in explaining bitcoin’s value proposition as the hardest money ever discovered, and the only working alternative to national central banks for international payments. Dr. Ammous holds a PhD in Sustainable Development from Columbia University, where his doctoral thesis studied the economics of biofuels and alternative energy sources. He also holds an MSc in Development Management from the London School of Economics, and a Bachelor of Engineering from the American University of Beirut. Listen to ILAB 218 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Saifedean Ammous   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 12:24 – How much additional research did you have to do to write “the Bitcoin Standard”? 14:03 – Were there any significant moments which may have shifted your thinking towards crypto currency? 19:22 – Is there any interest for governments to issue “sound” money? 22:17 – Are multiple countries required to revert to ”sound” money for it to be beneficial? 26:52 – Do you think the 14% supply growth rate is directly correlated to inflation? 32:05 – Does the US have concern for maintaining the USD as the primary reserve currency? 36:30 – What is the significance of countries accepting Bitcoin as a form of currency? 38:57 – Are there any trends which indicate Bitcoin is becoming more stable? 45:12 – How much BItcoin is “lost”? 45:59 – Patreon question: Do you think powerful governments will look to buying bitcoin? 47:21 – Patreon question : What kind of people have reached out to you about your book that surprised you? 48:55 – Patreon question : How did it feel to “orange pill” Jordan Peterson? 54:07 – Derek and Sam Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/24/20221 hour, 8 minutes, 19 seconds
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217 : Codie Sanchez on Overcoming Obstacles to Hustle & Think Like a Contrarian

Codie Sanchez is the founder of Contrarian Thinking, a newsletter, and media company read by hundreds of thousands about thinking critically and cash flowing unconventionally. She owns 25+ boring businesses and is known for making Main St. sexy again. Before being an investor and writer, she ran a cannabis PE fund, Latin American investment biz, worked at Goldman, Vanguard and was a conflict journalist in Mexico. Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: CommonstockCommonstock is a social network for smart investors. Join the FREE community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform at Commonstock.com Support Invest Like a Boss: Join our Patreon Discussed: Contrarian CashflowUse INVESTBOSSCT for 20% off your first year’s membership to Contrarian Cashflow - If you're ready to learn about cash-flowing assets and passive investments, join our premium community Contrarian Cashflow, for playbooks, exclusive interviews, an online community, and more. Twitter: @codie_sanchez Instagram: @codiesanchez   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:35 – Can you tell us some of your backstory? 10:52 – How did you illegally cross the border? 12:55 – Can you tell us about your time working for Vanguard? 15:16 – How did you get involved in the cannabis industry? 16:50 –What would you describe as the state of the cannabis industry now? 18:07 – How do you have time to make so much social media content and invest? 23:13 – What challenges have you had as a female in finance? 26:42 – What are your Top 5 side hustles? 29:43 – Have you noticed people missing the opportunity to get out of the business? 31:12 – Are you personally invested in anything in the market? 33:24 – Patreon question : What is the product line focus as it relates to the cannabis industry? 36:44 – Patreon question : Are the companies you are invested in looking at long term growth or quicker sale? 37:27 – Patreon question : Do you see any possible internationally dominant company in the cannabis industry? 38:49 – Patreon question: Has being hispanic helped you in the industry? 39:53 – Patreon question : What is your morning routine? 42:03 – Derek and Johnny Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/17/202252 minutes, 30 seconds
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216: How to Examine Charitable Organizations with Child's Dream Foundation's Marc Jenni

Sam interview's Child's Dream Foundation's Co-Founder and Managing Director Marc Thomas Janni on how to properly vet out charities you're thinking of donating to. Sam and Johnny have both worked with Child's Dream in the past and they have seen their accomplishments first hand. Marc explains what to look out for when considering an NGO (Non-governmental organization) to donate to and speaks of the work Child's Dream has accomplished so far. Sam and Johnny circle back to reveal who they've been donating to and by what means it is done. The guys also explain the other benefits they've experienced with charitable giving,touch on some mistakes to avoid, and share experiences they've had in Thailand.  Marc Thomas Jenni is a Co-Founder and Managing Director Operations of Child's Dream Foundation. Marc serves in various boards of the Child's Dream charity family and chairs the board of the Thai foundation. He is responsible for the overall strategy of the organisation as well as for fundraising, legal, marketing, HR, compensation, audit and general operation. With a budget of over US$ 10 million, Child's Dream, with its over 55 colleagues, has implemented or runs over 800 charitable projects and programmes in Myanmar, Laos, Cambodia and Thailand, called the Mekong Sub-Region.  Marc's motivation to co-found Child's Dream stems from his experiences in working, living and traveling in Asia for many years. While working in Hong Kong and Singapore as a private banker, Marc had the privilege to meet many wealthy individuals who helped the less fortunate by making donations and volunteering in various charity projects in the region. This inspired him to do his part in making a difference for the underprivileged in society. After nearly 20 years with UBS, Marc left the bank in 2003 to set up Child's Dream Foundation together with Daniel Siegfried. Marc is a ‘Swiss Certified Banker’ and an alumni of the Executive Program of the Swiss Finance Institute (formerly Swiss Banking School, Zurich) as well as the ‘High Performance Boards’ Program of the IMD Business School in Lausanne. Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.  Support Invest Like a Boss: Join our Patreon Discussed: Child's Dream Foundation Johnny supports Wor. Watthana Muay Thai Gym learn more at https://worwatthana.com/ Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 10:38 – How did Child's Dream get started? 14:06 – How has Child’s Dream mission evolved? 19:14 – Where do you see the majority of human trafficking? 21:48 – Where is the operation focused in regards to education? 24:17 – How many schools have you built since you got started? 28:14 – Do you think charitable organizations are efficiently run? 36:38 – How do you know the money you are giving is going to a good cause? 42:30 – Is there a way to measure the NGO as a way to rate their efficiency? 45:18 – Are these ratings audited and therefore reliable? 47:50 – Do you know of any organizations which do great work in the area? 50:02 – Do you get donor support from corporate and/or governments? 53:35 – Sam and Johnny Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/10/20221 hour, 2 minutes, 51 seconds
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215: MLG Capital CEO Tim Wallen on the Current State of the U.S. Real Estate Market

MLG Capital CEO Tim Wallen returns to the show (ILAB 121 - Investing in Private Real Estate Funds, with MLG Capital's Tim Wallen - Invest Like a Boss) to give us an update on how things have changed in the U.S. real estate market in the last two years. Sam asks about the returns on his personal investment in MLG Capital's Fund IV and how to get involved in MLG Capital's latest fund V. Tim also covers the effect of rising inflation, interest rates and securing cash flow in real estate. Plus, Wallen covers why MLG Capital focuses on middle America versus the coastal areas. Sam and Johnny circle back to compare Tim's thoughts to their own personal real estate holdings and how they will proceed with real estate ventures going forward. Johnny further elaborates on the tense situation with Russia and Ukraine, considering he now owns Ukrainian real estate.   Tim and his wife Julie have eight children and their first grandchild. He’s passionate about family, traveling, golf and skiing. Outside of work, you’ll likely find Tim spending time with his family, or traveling. Tim loves to live the MLG Capital concept of “Making A Difference While Making A Living”. Tim has helped launch two successful non profits utilizing MLG Capital’s facilities and staff. Tim recently launched “MAD Funds” which allows investors to allocate profit from MLG Capital Private Funds to help at risk youth. He’s also a board member of Lifesong for Orphans, which provides orphan care for over 6,000 children and financial assistance for adoptions. Tim started his career as a CPA and Tax Manager with Price Waterhouse in San Francisco and Milwaukee. In 1989, he joined MLG Capital as the CFO and a Principal. In 2000, Tim became the CEO of MLG Capital. He has a BBA in Accounting and a Masters of Accountancy with a Tax concentration from University of Wisconsin Madison. Listen to ILAB 215 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Discussed: MLG Capital  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 12:04 – How long have you been involved with MLG? 13:04 – What makes MLG different? 15:43 – Can you give us an update on the company and since it was last you were on the show in 2019? 18:35 – How many assets do fund 4 and fund 5 have? 19:13 – What happens if the fund liquidates an asset? 20:45 – How did the MLG adapt to the Covid-19 pandemic? 24:32 – Can you explain why rates are going up and how that affects MLGs current assets? 27:22 – Would you suggest “Own your house and if you have extra invest in multi-family” as real estate advice? 28:22 – How do interest rates impact assets? 30:27 – Can you explain fixed rate and floating rate debt ? 36:12 – Can you explain how inflation rates affect your assets? 40:05 – Is it too late to invest in a Multi-Family? 45:46 – What areas are Fund 5 focused on? 46:50 – When fund 4 is complete can an investor roll it over to fund 5? 50:02 – Sam and Johnny Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/3/20221 hour, 1 minute, 14 seconds
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214: Fine Wine Investing with OENO Group

Sam takes a deeper dive into the world of fine wine with London's OENO Group to fdiscuss their approach to getting involved in the sector. OENO offers a new approach that we have yet to see in the wine space, only drawing commissions off profits with no management fees! Sam and Derek do a quick catchup on how their new year has started so far and share why they may not be starting so great. Then Sam interviews Chief Portfolio Manager Sid McNamara-Rajeswaran & Head of Asia Ashley Ling from OENO Group. Sam and Derek circle back to talk more about wine, what Sam currently invests in for wine, and what they think of OENO's business model. Learn more about investing now here OENO, from Ancient Greek οἶνος (oinos “wine”) Our award-winning, luxury wine company was born out of our founders’ and owners' passion for and knowledge of the world’s most profound wine estates. Our focus is on those unique wineries that are the best-of-the-best, giving wine collectors, on-trade businesses and winelovers alike access to the world’s most sought-after and exciting new wines. The OENO wine team is responsible for sourcing and supplying our portfolio of wines to trade and private consumers. Our unique breadth and depth of contacts across the wine world gives us insider access to many of the world’s most exciting up-and-coming wineries as well as the classics with our team having native knowledge of France, Italy, Australia, Spain, Greece and South Africa. The wine team is headed by Justin Knock MW, former UK Director of The California Wine Institute and brand ambassador for Penfolds. Listen to ILAB 214 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Discussed: OENO Group Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 13:33 – Can you provide a background on yourselves? 19:05 – Why is wine an interesting investment opportunity? 22:25 – What is the difference between OENO Trade and OENO Future? 28:52 – How do you prevent fraud and control procurement? 34:57 – Do you purchase older vintages directly from the vineyard? 36:51 – What regions do you focus on when purchasing? 44:04 – Can you talk about how much wine you have purchased and assets you have under management? 45:28 – Can you elaborate on OENO House? 52:23 – What are the fees associated with OENO? 61:35 – Sam and Derek Review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/27/20221 hour, 25 minutes, 49 seconds
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213: ILAB 101 - The Incredible Math of Compounding Interest

Sam and Derek take it back to basics with a special episode on the incredible math of compounding interest. They'll show you how anyone can passively become a millionaire with a little disciplined investing and time. This is an evergreen topic that has proven itself for decades and should apply to anyone for the foreseeable future. Make sure to share this one with family and friends who are new to investing or have yet to start!  Listen to ILAB 213 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – United States / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor:  IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: The Power of Compounding Interest ILAB Article:  Compounding Interest Calculator:  Updated for 2022 "Get Started Here" Page for Invest Like a Boss:    Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 06:32 – Quick background on Johnny Sam and Derek 11:05 – Establishing the actual financial dream 12:08 – Warren Buffett investment advice 14:08 – Albert Einstein compound interest quote 15:12 – What is Compounding Interest? 16:25 – Models of Compounding Interest 21:27 – Derek’s problem with Sam’s Chart 24:30 – The solution to the problem 31:23 – Johnny’s advice and tricks 39:50 – Index funds If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/20/202252 minutes, 55 seconds
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212: Commonstock CEO David McDonough Talks Social Media Influence For Traders

On this episode, Derek interviews Commonstock CEO David McDonough to talk about their new social media platform catered specifically to traders. They go over the growing influence of retail investors, how Commonstock helps avoid fraudulent traders and the overall market of today. Then Johnny and Derek discuss how they are using Commonstock and their differing views on the retail investor/trader strategies.  Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Sign up for free now at Commonstock.com David McDonough is the founder and CEO of Commonstock. His mission is to empower retail investors by providing a community of high-quality, education-focused, and verified investor content. David was bitten by the investing bug shortly after graduating from Trinity College. He joined an investment club and threw himself into nightly economics and finance classes. He quickly realized how important high quality analysis and market savvy were to his success and saw how closely industry professionals guarded their knowledge. Frustrated by the insular nature of the industry, David made it his mission to open up the world of verified financial information to everyone. His passion for the intersection of finance, technology, and community has taken him from investment roles at Greenspring Associates, to technology roles Google, and, now, to founding and leading Commonstock. You can follow CEO David McDonough on Commonstock @McD Listen to ILAB 212 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – United States / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:36 – Can you give us a brief on your background? 16:57 – Did the guys you were coaching mentor you or give you advice? 23:08 – What is commonstock? 24:21 – Do you have to link a brokerage account in order to use commonstock? 24:57 – Do you have to share all your trades? 29:02 – When did commonstock go live, and how many accounts do you have signed up? 32:35 – How much is focused on the security of the accounts? 34:52 – How is commonstock different from other sites like reddit? 38:02 – Do you think commonstock will become a market driver? 42:05 – Any standouts you can mention from recent history? 45:10 – Is there an education aspect of how individuals choose their investments? 46:56 – Do you get instant trade alerts from the individuals you follow? 50:06 – Where do you see the future of commonstock? 52:33 – Are there any future funding plans that the listeners can get involved in? 54:04 – What's the future of commonstock regarding monetization? 56:36 – Derek and Johnny recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/13/20221 hour, 13 minutes, 9 seconds
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211: Q4 2021 Update with Sam and Johnny

Sam and Johnny go through their lifestyle updates in the 4th quarter of 2021. They then venture into their full financial updates through the quarter, including portfolio screenshots, that can be accessed by becoming an ILAB Patreon member for as low as $5/month by Clicking Here. Listen to ILAB 211 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – United States / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access to Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.  Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 02:10 – Johnny and Sam talk about Christmas around the world and effects of Covid-19 and traveling 07:50 – Johnny and Sam talk about travelling the past two years during Covid-19 and what they want to experience in 2022 14:40 – Johnny and Sam discuss their regrets for 2021 22:34 – Johnny and Sam discuss going back to basics in terms of living and life 35:00 – Update on Sam’s property that was broken into If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/6/202246 minutes, 36 seconds
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210: Top 10 ILAB Guests of 2021

Johnny and Derek count down the Top 10 best Invest Like a Boss guests of 2021. They'll go over the episodes, how they came about, provide takeaways and audio clips from each interview. Votes were taken from the Boss Lounge, download counts and directly from Sam, Johnny & Derek to create the list. Another great year in the books for ILAB - thanks for your support and don't forget to tell us who your favorite in 2021 was! Listen to ILAB 210 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – United States / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: FerretFerret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret.ai and use promo code BOSS  Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:38 – #10 ILAB 174 Highlight Fahard Vladi 13:08 – #9 ILAB 170 Highlight Mike Vranjkovic 17:53 – #8 ILAB 197 Highlight Jon Radoff 21:01 – #7 ILAB 208 Highlight Ken Coleman 27:11 – #6 ILAB 177 Highlight Frank Song 35:26 – #5 ILAB 167 Bitcoin Stephan Livera 42:06 – #4 ILAB 206 DeFi Clayton Roche 48:41 – #3 ILAB 168 Drew Bledsoe 55:06 – #2 ILAB 194 Dutch Mendenhall 63:03 – #1 ILAB 190 KRBN Luke Oliver If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
12/30/20211 hour, 15 minutes, 39 seconds
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209: Why Capital Appreciation is More Important Than Cash Flow with Omar Khan

Boardwalk Wealth's Omar Khan returns to Invest Like a Boss to talk capital appreciation with Sam. Omar tells us why you should stop focusing solely on cash flow and look to appreciation to truly grow wealth. Then Sam and Derek discuss Omar's ideas, go over their appreciable assets and do a general catch up as the year comes to an end. Omar is responsible for capital raising, strategic planning and investor relations. He has over 10 years of global investment experience. He has participated in capital financing and M&A transactions valued at $3.7 billion. He is a CFA Charterholder and graduated with honors from the University of Toronto with a B.Com in Finance. Omar moved from Canada and lives in Texas with his wife and newborn son. Listen to ILAB 209 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – United States / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: FerretFerret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret.ai and use promo code BOSS  Support Invest Like a Boss: Join our Patreon Discussed: Boardwalk WealthIn the "Contact" section on BoardwalkWealth.com mention you are from Invest Like a Boss and they will unlock access to the Boardwalk Wealth mobile app with all the content for free, usually only reserved for investors. Boardwalk Wealth (@boardwalkwealth) Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 09:15 – Can you explain Cash flow vs Capital appreciation? 20:22 – Can you do capital appreciation without generating cash flow? 21:47 – How do you determine how much to pay out as a dividend? 24:22 – Can you talk about one of the successful deals Sam is involved in? 27:10 – What do you do when you finally decide to sell? 28:22 – Were you concerned when covid-19 first began? 32:03 – How many projects do you currently have outstanding and how are they performing? 33:54 – Can you talk about the upcoming deal in Atlanta? 38:37 – How many other deals do you have starting up?   41:07 – With interest rates likely to increase, how would that affect your current and future projects? 43:13 – Do you have any projections for the future? 49:44 – Sam and Derek recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
12/23/20211 hour, 9 minutes, 1 second
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208: Dave Ramsey Personality Ken Coleman on How To Find Your Dream Job

Derek interviews 'America's Career Coach' & Dave Ramsey Personality Ken Coleman on his new book From Paycheck to Purpose. They go over his 7 stages to go through in the process of finding your dream job. Then, Johnny & Derek talk about their own personal journeys of feeling stuck in dead end jobs and how they switched their paths to be where they are now.  Ken Coleman is the #1 national bestselling author of The Proximity Principle and nationally syndicated host of The Ken Coleman Show on the Dave Ramsey Network. Pulling from his own personal struggles, missed opportunities and career successes, Ken helps people discover what they were born to do and provides practical steps to make their dream job a reality. The Ken Coleman Show is a caller-driven career show that helps listeners who are stuck in a job they hate or searching for something more out of their career. His latest book, From Paycheck to Purpose, is available now. 55% of Americans anticipate looking for a new job this year. Whether you’re looking for a step up at work or a giant leap toward something new, there’s never been a better time in history to look for something more in your career. National bestselling author and career expert Ken Coleman felt stuck with no clue what was next for him—that’s when he realized that being stuck was a choice! In his latest book, he draws on what he learned from his own ten-year journey as well as from coaching thousands of others to walk you through the seven stages to discovering and doing work that gives you both a great income AND big impact. Listen to ILAB 208 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: From Paycheck to Purpose Ken Coleman Americas Career Coach Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 13:20 – How did you find your own purpose? 17:03 – How did you start working with Dave Ramsey? 19:28 – What are the signs you see in people that aren't living their dream job? 24:44 – Is it a good time to change companies or look for promotion in the same company? 26:30 – How does your advice translate to entrepreneurs? 28:48 – How do you tell someone to leave their steady income to pursue their passion? 32:51 – How do you get experience when the job you want requires experience? 35:22 – How easy is it to get connected to the right people to open doors to your dream? 38:15 – How to overcome the emotions that hold you back?   45:05 – How do you develop winning habits and traits? 48:51 – What do you mean by “results that matter to me”? 53:06 – Patreon: How do you handle coworkers' judgement when you leave the daily grind to find your own path? 48:10 – Johnny and Derek recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
12/16/20211 hour, 13 minutes, 35 seconds
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207: NFTs 101 with Hashkey Group's Ben El-Baz

An introduction to the world of NFTs with Hashkey Group's Ben El-Baz. Hashkey is one of the largest Digital Asset investors in Asia. Sam and Johnny catch up before the interview where Sam reveals that something shocking happened at his Barcelona condo while he was gone. Then Johnny jumps into the interview to get the basics on Non-Fungible Tokens and how they differ from Fungible Tokens. After the interview, Sam and Johnny circle back to discuss their takeaways on investing in NFTs.   Ben leads HashKey Group’s strategic partnerships, blockchain applications and asset tokenisation projects, and post-investment management of a US-based tokenised securities firm. Ben is also an Advisor to the Hong Kong Monetary Authority and Bank for International Settlements’ projects on tokenised financial products. With over 13 years of experience in Silicon Valley, Mainland China and Hong Kong, he started his career as a derivatives trader, then as a China cross-borders corporate finance analyst, before moving into technology product management and business development, serving Big Tech clients like Microsoft, Google, and Amazon. Ben is a graduate of the Stanford Graduate School of Business, where he earned his Master’s degree in Management and led the university’s largest working group on blockchain applications. Listen to ILAB 207 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Venice Beach / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: HashKey Group | Asia's Digital Asset Leaders Hashkey Group's Article on Key Infrastructures of the Metaverse Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 12:45 – What is Hashkey Group and how did you get started in this field? 13:29 – How long has NFTs been around? 14:51 – Why are NFTs so valuable? 16:50 – What are some of the popular NFTs? 19:38 – Do you think some of the big gaming companies get into NFTs? 23:18 – Are NFTs just an upgrade to buying and selling assets of previous games? 25:00 – What other ways do you see NFTs incorporated into the metaverse in the future? 30:03 – Why are “Gas” fees so high? 33:22 – What are the four types of NFT storage?   39:59 – Do you think it will evolve and what does the future hold? 43:38 – How does Hashkey help with NFTs? 48:10 – Johnny and Sam recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
12/9/20211 hour, 6 minutes, 18 seconds
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206: DeFi 101 - Introduction to Decentralized Finance with Clayton Roche

Sam, Johnny & Derek all weigh on this introduction to Decentralized Finance AKA DeFi. Sam interviews DeFi Nation's Clayton Roche to go over the new types of financial tools available in DeFi and compares them to traditional financial institutions. Then Johnny & Derek recap the interview and give their thoughts on how they might utilize DeFi in the future. They also touch on what to look out for on these platforms that may be too good to be true. Use this episode as a stepping stone into the DeFi space and we will dig deeper into specific DeFi tools in future episodes.  Listen to ILAB 206 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Lithuania / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: RAD DiversifiedRAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD offers monthly distributions, a 5% bottom-line guarantee,  and achieved a 36.7% return in 2020. Support Invest Like a Boss: Join our Patreon Discussed: Clayton Roche | (UMA, UMA) (@TokenArchitect) SyncDAO Perpetual Vaults! Discord Uma Project Nexo Coinbase  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 08:02 – What is Decentralized Finance? 11:25 – Why has the government allowed this? 16:49 – What are the bigger stable coins, and how do they work? 20:03 – Why would anyone own a stable coin? 21:32 – Is there a risk in creating a stable coin? 24:45 – Can you explain the borrowing and lending with crypto? 30:16 – What platforms do you use to borrow and lend? 33:10 – Is there more risk in using a centralized than a decentralized platform? 34:30 – What is staking? 38:35 – Can you use staking with “primary” coins? 41:38 – Is borrowing or staking simpler than how the literature appears? 45:34 – Can you explain the differences in centralized and decentralized exchanges? 49:45 – Would coin base be considered decentralized finance? 50:20 – Do you see DeFi overtaking traditional finance? 37:35 – Johnny and Derek recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
12/2/20211 hour, 18 minutes, 27 seconds
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205: Top 10 Listener Voted Non-Accredited Investment Platforms

Johnny and Derek go over the listener voted Top 10 Favorite Investment Platforms for Non-Accredited investors. We polled the Boss Lounge and these were everyone's favorites. The guys go over which ones they also personally invest in and their thoughts (good or bad!) on each. Listen to the episode to hear the entire list! Listen to ILAB 205 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Lithuania / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FerretFerret is a new relationship intelligence app that can spot red flags linked to any potential business associate partners or suppliers to give you the peace of mind you need. Get instant access to the beta version now when you visit Ferret and use promo code BOSS  Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 06:34 – #10 Start Engine, Episode 121, Episode 179 13:53 – #9 Realty mogul, Episode 161 16:19 – #8 Betterment, Episode 45 21:37 – #7 Lending club, Episode 13 23:24 – #6 ArtofFX, Episode 3 25:49 – #5 Masterworks, Episode 146, Episode 193 28:23 – #4 AHP servicing, Episode 113 31:08 – #3 Worthy Bonds, Episode 150 35:03 – #2 Wealthfront, Episode 50 35:33 – #1 Fundrise, Episode 12 37:35 – Johnny’s notable mentions If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
11/23/202144 minutes, 27 seconds
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204: "The Lifestyle Investor" Justin Donald

Entrepreneur Magazine calls Justin Donald the “Warren Buffett of Lifestyle Investing.” He’s a master of low-risk cash flow investing, specializing in simplifying complex financial strategies, structuring deals, and disciplined investment systems that consistently produce profitable results. His ethos is to “create wealth without creating a job.” In the span of 21 months, and before his 37th birthday, Justin’s investments drove enough passive income for both he and his wife Jennifer to leave their jobs. Following his simple investment system and 10 Commandments of Lifestyle Investing, Justin negotiated deals with over 100 companies, multiplied his net worth to over eight figures, and maintained a family-centric lifestyle in less than 2 years. Just 2 years later, he doubled his net worth again. He now consults and advises entrepreneurs, executives, and successful media personalities on lifestyle investing. Justin has also appeared on nearly 100 podcasts, including Entrepreneurs on Fire, The Mike Dillard Show, Making Bank, Achieve Your Goals, Capability Amplifier, Tractionville, Inside Personal Growth, Conscious Millionaire, Franchise Secrets, the Accelerated Investor, and Unbecoming. Justin is a lifelong leader and trainer with a track record of achievement. In his 20s, he worked with Cutco/Vector and quickly became one of the top managers in the company, and one of the youngest to achieve Hall of Fame status. His personal playbook of best practices was deployed nationwide as a training program to onboard sales representatives. Listen to ILAB 204 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: IndeedReceive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Justin Donald: The Lifestyle Investor The Lifestyle Investor Book Mastermind   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 08:59 – Where did you start and how did it help you in becoming an investor? 10:31 – At what point did you realise you wanted to become an investor? 16:33 – Did Cutco instill a certain model relating to saving and investing? 17:54 – When you bought the Mobile park homes, were you still with Cutco? 18:51 – When did you plot the path of your investing lifestyle? 23:31 – Did you primarily focus on real estate? 25:47 – After being quite successful, what is the motivation to keep going further? 28:24 – When did you get a team to expand your deals? 34:01 – Can you tell us about your conferences, “Mastermind”? 37:35 – How often do you have in-person meet ups? 39:00 – What are some of the 10 commandments for investing? 48:31 – What is one of your favourite deals? 56:43 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
11/18/20211 hour, 12 minutes, 19 seconds
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203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall

CEO and Co-Founder Jesse Randall is a fintech startup executive and venture capitalist helping to usher in the new era of generational wealth creation for everyday people. His roots in small farm life in rural America as part of a very large family gave him a unique foundational work ethic and view of the world. He has come to understand that he would rather imagine the world as it can become rather than settle for the shortcomings that surround us everywhere. Anything is possible with the right mindset, people, and resources at hand. Outside of work, he enjoys endurance sports such as Ironman races, cycling, and marathons, and wouldn’t trade his life with his sweetheart and five children for any amount of treasure. Sweater is hell-bent on leveling the playing field and reinventing venture capital to reach its maximum potential. That starts by creating a venture capital fund that anyone can invest in. Sweater’s vision is to pool money from millions of regular people into a world-class venture fund, wisely deploying that capital into startups that shape the world we live in. Every founder should be able to build their vision, and every person should be able to support the startups that create the next generation of influence and wealth. Listen to ILAB 203 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Fundrise Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: Sweater Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 10:30 – What is Sweater? 13:09 – What experience do you get by investing in the fund? 15:01 – How does Sweater differ from their competitors? 19:26 – Is there a limit to the amount of investors you can bring in? 20:19 – Are there any differences in benefits to an accredited investor? 23:02 – Do investors need to be US citizens? 24:06 – What is the investment minimum and what are the fees associated with the investment? 26:14 – Your initial fund will have no carry fees, correct? - "Yes that is correct. Sweater charges a flat 2% management fee attached to the value of the fund, much like the flat fee you have on your mutual fund. Plus there are administrative costs like legal, auditing, marketing, etc."  29:45 – What kind of companies are you looking to target? 33:57 – Are there any other particular sectors beyond tech that interest you? 39:21 – How do you decide on what companies Sweater invests in? 43:29 – How are the investments structured? 45:13 – Do you have companies on the radar already? 47:47 – How long should investors anticipate waiting to see a meaningful return considering you are a new company? 50:58 – What is the Sweater scout network? 52:50 – Can someone reach out to Sweater if they are looking for venture funding for their company? 54:08 – What to expect when you sign up? 56:54 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
11/11/20211 hour, 21 minutes, 23 seconds
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202: A Modern Approach to Charitable Giving with Charityvest CEO Stephen Kump

Sam interviews Charityvest CEO/Co-Founder Stephen Kump about their new modern donor-advised fund platform. Charityvest's goal is to make charitable giving easier for the masses and also cut down on tax paperwork. Sam and Derek then go over their thoughts on Charityvest and it's simplicity of giving. They also talk about what to look out for when giving to charities and why you should always vet them first.  Stephen Kump aims to shape the world to be more generous. He leads Charityvest, a technology company to catalyze generosity through putting a donor-advised fund in the hands of every American. He worked for over ten years as a consultant to nonprofit organizations, philanthropists, corporate leaders, and private equity investors, most recently with Bain & Company. He is a former US Army cavalry officer, holds an MBA from the Yale School of Management, and earned bachelor degrees in Economics and Management from Georgia Tech. Listen to ILAB 202 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: RAD DiversifiedRAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD offers monthly distributions, a 5% bottom-line guarantee,  and achieved a 36.7% return in 2020. Support Invest Like a Boss: Join our Patreon Discussed: CharityvestLock in 0% fees for all of 2022 when you join at Charityvest   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 08:43 – How did you get started in the industry? 11:48 – Is the donor advised fund like setting up your own charitable organisation? 13:50 – Do you notice a pattern with people's donations? 19:27 – Is this a special designation by the IRS? 20:21 – Can you discuss the relationship with Y Combinator? 23:14 – Can you tell us about the two portfolios? 25:45 – Can you explain the tax benefits? 31:50 – Can you explain the concept of donating the asset rather than the capital gain? 36:40 – Can you summarize the giving component? 42:26 – What kind of fees are associated with the investment? 49:02 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
11/4/20211 hour, 8 minutes, 30 seconds
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201: Investing in Co-Living with Homeroom CEO Johnny Wolff

Johnny FD interviews Homeroom CEO Johnny Wolff about co-living both as a tenant and potential investor. Then Johnny & Derek share their roommate stories, investing in Homeroom, and exploring creating your own co-living investment property. Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom’s first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. Listen to ILAB 201 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Flippa Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale. Support Invest Like a Boss: Join our Patreon Discussed: HomeRoom: Coliving Rooms | Best Property Investment Marina del Rey, CA Co-Living Building Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 17:34 – How does it work for a tenant? 21:17 – Can you explain why they are all 1 bedroom 1 bathrooms? 21:58 – What other fees are there for the tenant? 23:25 – How does it work for an investor? 26:30 – How did you calculate the numbers for the investment? 29:46 – What happens if the real estate market drops? 30:59 – How do you guarantee a monthly rent? 31:25 – Do you have to be accredited or do you have to be in the US to invest? 32:26 – What are the steps to be taken in order to invest? 35:02 – What kind of contract do you have with the investor? 37:02 – What are the policies if the owner wants to move in? 40:26 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
10/28/20211 hour, 6 minutes, 41 seconds
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200: Q3 2021 Quarterly Update with Sam & Johnny

A very special ILAB - episode 200! Sam & Johnny reflect back on 200 episodes of ILAB and then give lifestyle and investment strategy updates from the last quarter. If you'd like access to the second half with Sam & Johnny's full investment breakdowns and Johnny's full portfolio screenshots, you must sign up as an ILAB Patreon. Listen to ILAB 200 on iTunes here or subscribe on your favorite podcast app. Were we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Indeed Receive a $75 credit for a sponsored job post when you visit Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:04 – Sam and Johnny take a trip down memory lane from how they met and started the podcast 19:44 – Update on Johnny’s and Sam’s renovations 28:58 – Sneak peek into Johnny’s and Sam’s portfolio. If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
10/21/202135 minutes, 15 seconds
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199: Co-Owning a Luxury Second Home with Pacaso CEO Austin Allison

In this episode, Derek interviews Pacaso CEO Austin Allison about owning shares of luxury vacation homes and how it all works. Then Derek and Johnny catch up and give their thoughts on second home co-ownership. This is more a lifestyle play than a pure investment, but we can see where this would be a great option for many people.  Austin co-founded Pacaso to make the dream of second home ownership a reality for more people after experiencing the profound effect it had on his own life. Pacaso is Austin’s second startup. In 2009, he founded dotloop in his hometown of Cincinnati, a company that created software to seamlessly manage real estate transactions. Zillow acquired dotloop in 2015, and Austin continued to run dotloop as a Zillow executive until 2018. Austin started selling real estate at the age of 18 and worked in residential and commercial real estate for a decade. Austin enjoys running, mountain biking, and flying. He lives in Napa, CA with his wife Angela and their son. Listen to ILAB 199 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: Pacaso: The Modern Way to Own a Second Home Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:39 – How did you get into the business and what was your inspiration? 10:26 – How does this differ from a timeshare? 12:23 – How does Pacaso get paid if you do not retain any percentage of the property? 14:58 – Can I use my own real estate agent? 16:07 – Do you get to look at the property in person? 18:13 – Is there a minimum hold on the property you choose? 18:59 – How many shares can you buy per home? 20:00 – What value are you looking at in purchasing a home through Pacaso as compared to just buying a home? 21:32 – What is a property LLC? 23:19 – Can you rent the property? 26:44 – Can you let a friend or family member use the property? 28:47 – Why are you encouraged to not park on the street? 30:48 – Can you operate a business from the home? 31:29 – What fees does Pacaso charge for maintaining the home? 33:43 – Do the homeowners have to agree with what Pacaso assesses? 36:24 – Can home owners contact each other directly? 38:24 – Can you later buy the house outright if you enjoy the home? 40:10 – What is the investment growth of purchasing a home through Pacaso? 43:11 – Patreon Question : Can non US citizens purchase homes through Pacaso? 44:07 – Patreon Question : What are some locations you are considering both in the US and globally? 45:24 – Patreon Question : How has Pacaso handled backlash from the community? 48:01 – Patreon Question : Do you provide any additional services that come with the home? 51:14 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
10/14/20211 hour, 14 minutes, 19 seconds
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198: Crowdfunding the Bed in a Box with Viscosoft Founder & CEO Gabriel Dungan

Sam interviews Viscosoft Founder & CEO Gabriel (Gabe) Dungan about crowdfunding his bed in a box startup. The two go back over a decade to their startup days in China and explain the technology and how Gabe has transitioned the business to the United States. Then Sam and Derek recap the business, talk about their experiences with bed in a box, talk bad mattress stories and go over Sam's personal investment in the company. Viscosoft wants to change the way the world sleeps. With a background in textile engineering, product development, and sensor technology, our mission is to provide consumers around the world with high-end bedding products that deliver ultimate comfort, unmatched value and the smartest, data-driven sleep experience ever to exist.   Viscosoft is poised to become one of the most recognized brands in the $432B sleep industry. We are an Amazon top 250 seller and have several products that have been recognized by industry experts for delivering great sleep through thoughtful design and innovative materials, including Good Housekeeping’s prestigious ‘Best Bedding’ award in 2021. Over the past 4 years, more than 500K direct consumers have contributed to revenues of more than $95M and increased profitability last year. 2020 revenues reached $30M as the direct-to-consumer business (Viscosoft.com) grew more than 700% YoY from increased brand recognition, customer loyalty programs & product partnerships.   Sleep technology is a $12.5B industry and expected to reach $40.6B within the next 5 years. Viscosoft is committed to delivering a first-of-its-kind mattress topper with integrated sleep-quality sensors for under $200. Listen to ILAB 198 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: RAD DiversifiedRAD Diversified REIT allows investment partners to invest in cash-flowing properties with substantial value-add opportunities. RAD Diversified offers monthly distributions, a 5% bottom-line guarantee,  and achieved a 36.7% return in 2020. Support Invest Like a Boss: Join our Patreon Discussed: ViscoSoft Group Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 12:02 – How did Bed in the Box start and how has the industry changed? 14:30 – How did Covid-19 affect the bedding business? 17:07 – How does bedding sales online compare to in store purchases? 18:20 – Where does technology fit in as it relates to mattresses? 20:20 – How did you get so popular on amazon and become a top 250 seller? 23:04 – How do your mattresses compare to other big brands? 24:43 – What was the process like for crowd funding the business? 29:15 – Can you now raise money through other means? 29:49 – How long has the listing been up on startengine and how has it been going? 30:46 – What do you have planned for the business over the next few years? 34:20 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
10/7/202157 minutes, 48 seconds
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197: Jon Radoff Gives Us the Metaverse Vision Quest

Sam interviews Beamable CEO Jon Radoff, who has been expertly laying out building of the metaverse on his YouTube Channel. After the interview, Johnny and Sam go over new additions to the metaverse portfolio and also why Johnny's friend thinks Sam's strategy may not be the best play in the metaverse.  Jon Radoff is the CEO of Beamable. Before founding Beamable, Jon built one of the first commercial games on the Internet, took a web content management company public, grew a game advertising network, and launched mobile games played by millions of people including Game of Thrones Ascent and Star Trek Timelines. Listen to ILAB 197 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FlippaVisit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale. Support Invest Like a Boss: Join our Patreon Discussed: Beamable  Twitter : @jradoff Building the Metaverse YouTube Channel  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 09:25 – Where do you see the Metaverse going? 14:05 – How will we access the Metaverse? 18:59 – How do you see the Metaverse as compared to current technology and interfaces? 23:31 – Can you talk about some of the leading graphic rendering companies? 27:11 – When do you think the mainstream metaverse is going to start? 37:33 – What do you think about monetizing gaming? 43:30 – Is the metaverse going to be similar to “Ready Player One”? 46:14 – Can you tell us more about your company and what you are working on? 48:12 – Sam and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
9/30/20211 hour, 15 minutes, 23 seconds
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196: Breaking Down Sam's $500K Metaverse Portfolio

Sam and Johnny go over each pick in Sam's new $500K allocation into the metaverse. Public companies, private companies and more are discussed in this episode that lays out Sam's plan to double his investment over the next 3 years.  Listen to ILAB 196 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Indeed Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 04:07 – How exciting are you for the Metaverse? 07:41 – Do you think the metaverse will impact the travel market? 12:37 – What do you expect with the workspace collaboration and using the metaverse for business? 14:41 – What about the augmented reality system? 16:33 – What have you deployed your money in? 19:54 – What’s in your public investments? 29:12 – Why not invest in a metaverse fund? 32:39 – What private companies did you invest in? 51:36 – Sam and Johnny final predictions If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
9/23/202159 minutes, 54 seconds
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195: Diving into the Metaverse with Virtual Reality Picks

Sam's been taking a deep dive into the "Metaverse" concept that is coming. We take our first step into the submject by going over some picks in the Virtual Reality space based on John Divine's article found HERE. After the interview, Sam and Derek talk about where they see the space going and potential plays for the Metaverse. This is the first of a series of shows that will focus on potential investment ideas in the upcoming Metaverse. John Divine is a senior financial markets editor for U.S. News & World Report, where he’s been covering the stock market, Wall Street and the economy since 2016. Prior to U.S. News, Divine covered the stock market for The Motley Fool and InvestorPlace. The year before beginning his career as a financial reporter, Divine graduated with honors from Appalachian State University, where he majored in Finance & Banking in 2011. Out of college, he spent some time at Merrill Lynch and Grandbridge Real Estate Capital, a commercial real estate arm of BB&T. Since turning to journalism, Divine has appeared on numerous financial media programs – discussing Wall Street earnings, acquisitions, valuation and other issues – including Cheddar, Money Life With Chuck Jaffe, iHeartRadio, WSJ Radio and WBBM Chicago, as well as several other outlets. Mr. Divine has been referenced, cited, linked to, quoted or published on many of the most well-read and respected publications in the world including The New York Times, the L.A. Times, Forbes, Barron’s, USAToday and CNBC. Learn more about John HERE.  Listen to ILAB 195 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Fundrise Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: Research Investments and Investing Professionals   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:44 – When did you get interested in virtual reality and the metaverse? 09:37 – Have you tried on any of the VR headsets as yet? 12:16 – How do you see the hardware and software being implemented and consumer friendly? 13:41 – What are the types of companies that will profit from virtual reality? 15:02 – What are your stock picks? 18:32 – Who are the leaders in the operating system? 24:39 – Do you have any other thoughts on the metaverse? 32:40 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
9/16/202155 minutes, 34 seconds
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194: Dutch Mendenhall Tells Us About Investing in the Survivalist Movement

Derek catches up with RAD Diversified CEO Dutch Mendenhall 6 months after his first ILAB appearance Episode 178. This time around, they talk about the American Survivalist Project, of which RAD is invested in. They talk about emergency plans, future growth in the segment and how it ties into their investment strategy. Then Johnny and Derek come on to talk about what they would do in the case of an emergency and how this would fit into their plans.  Dutch Mendenhall left the baseball world to pursue his business career after having coached at the University of San Francisco, a top Division I team. He began his business career as an executive recruiter in a billion dollar company specializing in commercial real estate and banking. He excelled in less than 12 months to become the # 1 producer in the entire company. Today Dutch runs a Real Estate Education company where he mentors thousands of students across the country to invest safely and securely in Real Estate. Dutch’s specialty is in Tax Sales and he runs 3 Investment funds that have amassed over 7 million dollars in properties and 3 million dollars in profit over the last 12 months. Listen to ILAB 194 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andora/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Support Invest Like a Boss: Join our Patreon Discussed: RAD Diversified American Survivalist Project Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:25 – Can you give us a brief overview of the American Survivalist Project? 15:41 – What are your projections for 2021 after a very successful first 2 years? 18:38 – Where is the farm located? 20:41 – How many People can the farm support? 25:52 – What percentage of the portfolio do you see the farm in 2 years? 27:09 – How does it work if you are a member of the American Survivalist Project? 31:08 – What are the tiers of the American Survivalist Project? 33:29 – What's the minimum investment in RAD Diversified? 36:01 – Is there still a 5% dividend for Covid-19? 38:49 – How do you sign up for the American Survivalist Project? 41:44 – How do you apply for RAD Diversified? 46:39 – Johnny and Derek review    If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
9/9/20211 hour, 3 minutes, 13 seconds
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193: Nick Ringling Quit His Six-Figure Job After Discovering Land Flipping on ILAB!

Nick Ringling is the Co-Owner of Vacant Land Club. Nick spent the last decade working in the Industrial Sales space, most recently selling Electrical Supplies and Electrical Engineering Solutions. Three years ago he first heard of vacant land investing through Invest Like a Boss, and took massive action. Since then Nick has left his cushy sales job to buy and sell vacant land full time. So far in 2021, Nick's team is on pace to buy and sell roughly 150 properties, with an average ROI of about 400%. Every one of which was never seen in person prior to purchase. Vacant Land Club brings value to land sellers by offering them quick cash for properties that they no longer see value in. They offer value to buyers by offering easy owner financing that they wouldn’t typically be able to secure from a financial institution. Vacant Land Club is growing and scaling very quickly with potential investment opportunities on the horizon for investors looking for a way to invest passively. Listen to ILAB 193 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Flippa Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale. Support Invest Like a Boss: Join our Patreon Discussed: Vacant Land Club   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan*Johnny and Sam use all of the above services personally. Time Stamps: 10:21 – How did you find out about the show? 11:34 – Did you know about investing in raw land before listening to the show? 12:26 – Did it cost alot to get started in Land Flipping? 13:35 – Does Land Flipping require a lot of time? 15:31 – Can someone just fund the investment in Land Flipping? 18:16 – Are you satisfied with your investment in learning how to do Land Flipping? 20:38 – Do you know how successful the other students in the course have been? 21:45  – When did you quit your previous job to do Land-Flipping full-time? 22:45 – What advice would you give someone considering going down this path? 25:27 – Would you agree that one of the biggest investments you made was in educating yourself? 27:17 – How do you find the raw land, and who do you sell it to? 30:24 – Do you reinvest in land or other investments? 32:00 – How do you have some land that is cheap? 34:24 – What are the building and/or legal implications with building in some of these areas? 35:20 – What are your thoughts on the future of Land Flipping? 37:05 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
9/2/202151 minutes, 32 seconds
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192: Buy Shares of High End Art with Masterworks CEO Scott Lynn

Masterworks CEO Scott Lynn returns to Invest Like a Boss after appearing on the show for Episode 146 in June 2020. A lot has changed since then and Masterworks has grown tremendously. Scott talks with Derek to give an overview of the market and how the platform has performed since. Then Sam joins in with Derek to discuss investing in art and possible disruptions (Digital art, NFTs, etc) coming to the market. Scott Lynn is the Founder and CEO of Masterworks.io. He Founded Masterworks in 2017 after realizing that art had better risk-adjusted returns than other asset classes, but the only way to invest is if someone has millions of dollars to buy a painting, or tens of millions of dollars to build a portfolio. Scott has been an active collector of contemporary art for more than fifteen years and has built an internationally-recognized collection of Abstract Expressionism that has included works by Clyfford Still, Barnett Newman, Mark Rothko, Willem de Kooning, and more. In addition to Masterworks, Mr. Lynn serves on the board of v2 ventures (Adparlor, Giant Media, Reachmobi, Amply, and Sellozo), Payability, and the Brooklyn Rail (a non-profit publication in the art industry). Listen to ILAB 192 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andora/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Support Invest Like a Boss: Join our Patreon Discussed: Masterworks Episode 146 Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:16 – How has the art market been affected by covid? 08:15 – How much Assets does Masterworks hold, and how many investors? 09:15 – What’s the average amount that investors invest in? 10:01 – How many paintings does an investor hold? 10:56 – How has the market changed for you now you have become the biggest buyer in the world? 12:28 – Are there any living artists that are increasing in value that your research team believe may outperform the deceased artists? 16:51 – Have artists been affected by “Cancel Culture”? 19:09 – Where are the art pieces stored? 20:05 – What type of insurance do you hold on these paintings? 20:46 – What is blue chip art? 21:19 – Has there been talk of investing in blue-chip art as something similar to an index fund? 22:30 – Are they certain artists you can highly expect to consistently rise in value? 25:27 – How has art been a better performing asset than the S&P 500? 30:13 – How does the secondary market work? 31:28 – Do you see any day traders getting involved trying to get into the market? 32:27 – What type of fees does Masterworks take on each piece of art? 32:51 – How does the NFT’s compare to the physical art market?  35:13 – Can you explain how copyrights work as it relates to the physical painting and the digital copies? 38:37 – Patreon Question: How many pieces of art have Masterworks purchased and what have been the returns to date? 40:00 – Patreon Question: What’s the minimum amount to invest in Masterworks? 42:17 – Patreon Question: Do you have to be an accredited investor? 43:07 – Patreon Question: Do you have to be a US citizen to invest? 44:22 – What would you invest in personally and why? 46:44 – Sam and Derek review    If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
8/26/20211 hour, 9 minutes, 8 seconds
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191: Costa Rican Tourism Bonds with Richard Bexon

Johnny interviews Richard Bexon from Costa Rica Tourism Bonds to find out about this investment in the Central American country which not only allows you to earn a return on your money, but also provides accommodations and the chance at Costa Rican residency. Richard has lived in Costa Rica since 2004. He's the co-owner of Central America's largest luxury travel agency and has vast experience in real estate investments, both commercial and private. Sam hops on with Johnny before and after the interview to talk about this investment.   About Costa Rica Tourism Bonds:  It goes without saying that a company offering investments has a strong focus on financial returns, but it doesn't end there. Costa Rica Tourism Bonds places a high value on lifestyle, responsibility, and sustainability. This means we only work with properties that hold these values in equally high regard.    We started Costa Rica Tourism Bonds as we saw strong demand for an investment vehicle that both generated returns and provided a lifestyle benefit, whereby investors could enjoy the fruits of their investment by enjoying luxury vacations in the properties they invested in.  Where better to invest in than one of the most beautiful and biodiverse places on the planet, Costa Rica.   This is coupled with the eagerness of tourism properties in Costa Rica to diversify their investor base and share the benefits of investing in one of the world's most vibrant travel destinations with international bondholders.    It's a match made in heaven for investors that value a lifestyle investment that can be enjoyed by themselves and their family.   Richard has lived in Costa Rica since 2004. He's the co-owner of Central America's largest luxury travel agency and has vast experience in real estate investments, both commercial and private. Listen to ILAB 191 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Indeed Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Costa Rica Tourism Bonds Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:24 – How did you get into tourism and bonds? 12:08 – What are some of the reasons you like living in Costa Rica? 13:05 – How did the Tourism Bond Programme start? 16:23 – How do the projects work with the investments? 17:33 – What kind of returns can an investor expect? 19:52 – What is the minimum and at what point can someone get a week at one of the hotels? 20:40 – What is the process for obtaining residency? 23:53  – Can you give an example of what is available right now and what are the benefits? 25:04 – Are there any blackout dates and or additional taxes when you stay at a hotel you have invested in? 29:20 – Who can invest, and from what countries, and do you need to be an accredited investor? 30:16 – What are the benefits of having residency for someone who isn’t looking to live in Costa Rica? 32:04 – How do you get paid from the investment? 36:01 – Sam and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
8/19/202149 minutes, 2 seconds
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190: Carbon Index Investing with Kraneshares' Luke Oliver

Sam interviews Kraneshares' Luke Oliver on their Global Carbon ETF and the current state of the carbon allowance market. Sam and Derek then discuss the investment potential and market for this fund... and both make a big move - listen to find out what happened! Luke Oliver is a Managing Director and Head of Strategy at KraneShares. He has extensive experience as a leader within the ETF and investment industry, having built businesses, diverse teams, and bringing innovative product solutions to market. Prior to his asset management experience, Luke was part of the award-winning Foreign Exchange division of Deutsche Bank in both London and New York. Luke holds FINRA series 3, 7, 24, and 63 licenses. About the Kraneshares Global Carbon ETF:  The KraneShares Global Carbon ETF (the “Fund”) seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ‘‘Index’’) over a complete market cycle. KRBN is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing. Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA) and the Regional Greenhouse Gas Initiative (RGGI). Listen to ILAB 190 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Fundrise Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: KraneShares Global Carbon ETF | KRBN The Impact and ESG Case for Global Carbon Allowance Exposure in Portfolios Carbon Pricing: Investing in a changing climate   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerSktreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:53 – How does Carbon Credits work? 11:17 – What is “Cap and Trade”? 14:38 – Which companies have to apply with this standard? 16:15 – What is the difference between carbon offsets and carbon allowances? 21:17 – Since there is an increase in cost for carbon emissions over time, will innovations and carbon offsets make the increase in cost more manageable? 24:16 – Can you explain the opportunity to profit through investment via the Paris Agreement? 27:28 – Are the Kraneshares Global Carbon ETF, stocks or some other form of assets? 28:29  – Patreon Question: what are the risks involved in the funds and why have the price of carbon credits only recently risen after being around for so long? 36:49 – What kind of investors are suited for the Global Carbon ETF? 40:04 – Can you tell us more about Kraneshares other products and services? 44:09 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here
8/12/20211 hour, 8 minutes, 16 seconds
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189: Dividend Investing with Kevin Martin

Kevin Martin is a Lawyer & 20 year military veteran turned Travel Vlogger! He is also an avid dividend investor and uses them as his primary source of income. In early 2019, Kevin decided to quit his job as a lawyer at a corporate law firm to travel the world! You can follow his adventures on YouTube. Kevin has also recently started a YouTube channel dedicated to dividend investing that can be found here. Listen to ILAB 189 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Polymarket  is the world’s leading information markets platform where you can trade on the most pressing global questions and see unbiased, real-time data on what the market thinks will happen – all on the blockchain. For a limited time, sign up with referral code “Boss” to get your first trade reimbursed up to $100. Click on the link to get started: polymarket.co/InvestLikeABoss Support Invest Like a Boss: Join our Patreon Discussed: Dividend Nomad YouTube Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 13:37 – Tell us about your “full time travel” life? 14:13 – How did it feel when you first started? 15:29 – Were you investing while you were a Lawyer? 16:15 – What were some of the early investments? 19:15 – How have your investment strategies changed since then? 20:44 – Do you automatically reinvest in your dividends? 21:30 – What is the difference between a dividend growth stock and a normal stock that doesn't pay dividends at all? 31:02 – What are your thoughts on picking individual dividend  stocks vs investing in dividend funds? 32:22 – What are your thoughts on the non-traditional dividend funds? 35:39 – What are your lowest and highest dividend yields in your personal portfolio? 36:58 – What can you tell us about this new project starting your portfolio from scratch?  41:02 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
8/5/202155 minutes, 8 seconds
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188: Pros & Cons of Relocating to Barcelona vs. Kyiv

Sam and Johnny compare each of their respective cities they chose to relocate to since the Covid-19 pandemic. Sam bought a condo in Barcelona to get the elusive 'golden visa' and has since completed renovations, but is now finding the visa process harder than expected. Johnny went with Kyiv and bought not one, but two condos! Johnny's in the middle of renovations on his Kyiv condo and already got his temporary residency. But, is still in the process of obtaining  permanent residency. Find out what each boss has learned in the process and why they chose each city as their new home base.   Listen to ILAB 188 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Barcelona / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio Sponsor: Amazon Pharmacy Amazon Prime Members can save on prescription medication when not using insurance – with medication as low as $1 a month PLUS FREE 2-Day delivery! Learn more at Amazon.com/LIKEABOSS. Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 04:00 – What were the big benefits of investing in real estate? 10:50 – Benefits of the Golden Visa.  13:41 – What's the progress with Johnny’s and Sam’s permanent residency? 15:54 – What is the cost of getting a temporary and then permanent visa? 22:44 – What was the procedure in selecting both properties? 33:54 – Some of the pros of the location and size of the properties. 40:52 – How long did the renovations take? 51:54 – What did you learn from the experience of renovating a property? 55:52 – How much did the Designer fees as well as furnishings come to? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
7/29/20211 hour, 10 minutes, 19 seconds
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187: Q2 2021 Quarterly Update Live from Kyiv

The Bosses finally are in the same place as they meet up in Kyiv Ukraine. They talk about what it is like to meet Derek for the first time in person, as well as what they think about Ukraine. Later they discuss changes both personally and financially in their lives as well as what is in store for them and the show in the coming months.  Listen to ILAB 187 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Ukraine / IG @imsammarks Derek Spartz - Ukraine / IG @DerekRadio Sponsor: Indeed Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 02:16 – What the bosses are doing in Ukraine. 07:18 – Derek’s impression of Kyiv.  15:19 – What has changed in Derek’s and Sam’s lives in the last 3 months. 19:46 – Johnny talks about some changes in his life. 32:01 – Sam talks about his trip to Bordeaux and wine tasting. 37:55 – Financial changes with Sam and Johnny. 43:05 – New content exclusive to Patreon members. If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
7/22/202145 minutes, 28 seconds
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186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss

One of our most requested topics on ILAB is for cryptocurrency, since we've ton a couple episodes on Bitcoin already we decided to focus more on Altcoins. Derek talks with CoinFlip CEO Ben Weiss to look beyond Bitcoin and see what coins may be worth investing in. Then Sam and Derek give their takeaways, what they're currently holding for cryptocurrency and where they see the future of the crypto market heading. CoinFlip’s mission is to give the world quick, easy, and secure access to the benefits of cryptocurrency. We believe that cryptocurrency provides an inclusive financial system, which puts individuals' needs first. CoinFlip believes that bitcoin and blockchain technology have the ability to serve everyone. Since 2015, CoinFlip has empowered those left out by the traditional banking system to join an innovative and inclusive global economic system. With low fees, the largest network of Bitcoin ATMs, and the most reliable customer support, CoinFlip is the best way to purchase and sell cryptocurrency. Kickstart your crypto investment journey today! Listen to ILAB 186 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Ukraine / IG @imsammarks Derek Spartz - Ukraine / IG @DerekRadio Sponsor: Fundrise Fundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise.com/LikeaBoss Support Invest Like a Boss: Join our Patreon Discussed: CoinFlip Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:34 – What got you started in crypto? 10:41 – How do you differentiate “good” coins from “bad” coins? 12:34 – Can you talk about Ethereum? 15:50 – What do you think about litecoin? 17:56 – What are your thoughts on DogeCoin? 21:13 – What do you see in the future for the entire crypto market? 23:00 – Do you think any of the newer coins take over bitcoin? 26:41 – What kind of regulation do you think the government will put in place? 28:01 – What do you think about the energy consumption that mining takes has an effect on climate change? 32:15 – Is there any new technology that might benefit bitcoin in the future? 35:39 – Can you tell us about CoinFlip and the ATM network? 37:23 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
7/15/202156 minutes, 40 seconds
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185: Market Vulnerability Analysis with Roger Khoury, CEO of Market Forecasting Academy

Roger Khoury is an expert in the field of Market Forecasting, with over two decades of experience. In 2010, he developed an innovative probability-based form of price forecasting, called Market Vulnerability Analysis™ (or MVA™), to overcome an inherent flaw he had discovered in most trading systems and strategies, which is the root cause of large drawdowns and inconsistent results.  This form of analysis enables its user to uniquely reduce the downside risks in the market, without sacrificing the upside performance potential. After successfully deploying his proprietary analysis and forecasting methodology to reach his own goals, people began to inquire about his accomplishments. In 2011, Roger brought on partners, Bo Yoder and Dr. Jared Goldstine to help establish a training curriculum and mentoring program, in order to address those interests, which they offered through their firm RBJ Financial Group. Based on the success of this venture and the insights gained from mentoring dozens of students, Roger was inspired to create an exclusive community, with a more formalized learning environment. In 2019 Roger launched the Market Forecasting Academy to accomplish his vision for educating and mentoring active market participants on acquiring the skill of accurate and objective Financial Market Forecasting. Listen to ILAB 185 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: SaneBox See how SaneBox can magically remove distractions from your inbox and help you only reply to the messages that matter!Use our ILAB exclusive link to receive a $25 credit on top of a 14 day free trial with no code needed when you visit https://www.sanebox.com/likeaboss Support Invest Like a Boss: Join our Patreon Discussed: Market Forecasting Academy Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:06 – How did you get started with day trading? 13:24 – Do you remember the first stock you ever bought? 14:24 – What are your thoughts on the gambling aspect of trading versus index funds? 24:01 – How do you know when is a good time to buy or sit out? 27:13 – Can you give us an example in the last 2 years when you went in and why? 31:44 – Can you give us an example of when you saw an opportunity to buy S&P even if just for a few minutes? 38:32 – Why is it so hard for a system to beat the S&P? 42:28 – What are your thoughts on what will happen in the next recession? 46:29 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
7/8/202156 minutes, 49 seconds
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184: FOMO Investing for the Not So YOLO Crowd with Matthew Tuttle, CEO Tuttle Capital Management

Matthew Tuttle is the Chief Executive Officer and Chief Investment Officer of Tuttle Capital Management, LLC. Matthew is a familiar face among the financial media. He has been a frequent guest on CNBC and Fox Business and has been frequently quoted in the Wall Street Journal and Barron’s. He is the author of How Harvard & Yale Beat the Market and Financial Secrets of my Wealthy Grandparents. Matthew has an MBA in finance from Boston University.FOMO (the “Fund”) seeks to provide capital appreciation. The Fund takes its name from the phrase “Fear of Missing Out” and seeks to reflect current or emerging trends. In pursuing the Fund’s investment objective, the Fund will invest in equity securities of any market capitalization, exchange-traded funds (“ETFs”), fixed income ETFs, volatility and inverse volatility ETFs and ETNs, leveraged and inverse ETFs and ETNs. FOMO trades on the CBOE with ticker symbol FOMO Listen to ILAB 184 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: SaneBoxSee how SaneBox can magically remove distractions from your inbox and help you only reply to the messages that matter!Use our ILAB exclusive link to receive a $25 credit on top of a 14 day free trial with no code needed when you visit https://www.sanebox.com/likeaboss Support Invest Like a Boss: Join our Patreon Discussed: Tuttle Capital Management FOMO Fund Holdings Twitter: @tuttlecapital Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:10 – How did you get started with Tuttle Capital? 11:04 – What are some of the categories Tuttle chooses their ETFs? 13:43 – Can you tell us about the inspiration for the FOMO fund? 18:09 – What are the fundamentals of the fund? 19:36 – What size of companies do you invest in? 21:27 – Are you staying in US based stocks? 22:45 – Are you concerned with the Volatility of the stocks affecting the ETFs? 25:14 – What happens if the fund dissolves? 26:37 – Is there a similarity between retail investors and hedge funds? 28:52 – Are you worried that regulations are put in place to shut down the retail investors? 30:00 – How does your team do research?  31:51 – What are you seeing with hedge funds reacting to retail investors in terms of “bandwagoning”? 34:01 – How do you see the market changing between retail investors and hedge funds? 38:19 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
7/1/202157 minutes, 39 seconds
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183: Kiev Real Estate Recovery Funds Founder John Suggit

A Canadian citizen, John has a Bachelor of Business Administration from Simon Fraser University and a MBA from the Richard Ivey School of Business. He has over 10 years of investment banking experience in Ukraine and has spent many of these years also developing successful property investments in both Kiev and Montenegro. His prior positions include Chief Operating Officer with Dragon Capital, Managing & Founding Partner with Concorde Capital and Vice-President with MFK. Previously John had 10 years of retail and commercial banking experience with the Bank of Nova Scotia, Canada. During his time in Ukraine John has been regularly interviewed and quoted by The Financial Times, Bloomberg, Institutional Investor, Fortune Magazine, CNN Money, EuroWeek, EuroMoney, Focus Money, FDI Magazine, The Kyiv Post, Kontrakty, Delo, ForUm and Korrespondent.John speaks English, Russian and some Spanish, Serbian and French. Listen to ILAB 183 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Barcelona/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: IndeedReceive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon Discussed: Kiev Real Estate Recovery Fund: KRER Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 09:55 – Why is it hard to get quotes from contractors in Kiev? 12:16 – Why are housing prices low in Kiev? 16:46 – How has the Hryvnia depreciation affected real estate prices? 20:31 – How are the businesses in Kiev starting up so quickly? 24:11 – Can you talk about your move from residential to commercial? 34:55 – Tell us about the residential space you converted to office space 43:46 – Can you tell us about the fund and the services they offer? 45:15 – Let’s talk about the advisory side of your services 48:17 – Let’s talk about the fund part of your business 49:42 – What are you buying into when investing in the fund? 51:12 – What is the minimum to invest in the fund?  54:07 – What are the fees involved with the investment? 56:31 – Is it possible to cash out your investment in US dollars as opposed to Euros? 60:49  – Johnny and Sam review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here
6/24/20211 hour, 20 minutes, 25 seconds
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182: I Have $X Amount, Where Do I Invest it? A 101 Investing Refresher

Johnny and Sam take it back to ILAB basics with a 101 how-to on where to invest your money at various dollar amounts. A refresher and update for everyone out there who is looking for places to grow their hard earned money.  Listen to ILAB 182 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get started in just a few minutes at Fundrise Support Invest Like a Boss: Join our Patreon Discussed: Beginner’s Guide: How Do I Invest $x? ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 05:30 – How much money do you have in an emergency fund? 09:26 – Take it out of your free money, Company Matched 401K 14:17 – Manage your debt 17:35 – Individual Non-Taxable Account 28:22 – Looking back at your company and your employer 29:52 – It’s now time to start Investing 37:14 – Do what’s smart, stick to the script 40:00 – Look at diversification If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
6/8/20211 hour, 2 minutes, 40 seconds
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181: Alternative Food Investing with Very Good Foods CEO Mitchell Scott

Our mission is lofty, badass but beautifully simple: Get millions to rethink their food choices while helping them do the world a world of good. By offering plant-based food options so delicious and nutritious, we’re helping this kind of diet become the norm. When you have a simple goal, it’s hard to mess it up: create damn good food, and well, keep it simple. Unlike most plant-based alternatives out there, we don’t overcomplicate things. We go hard on taste, texture, protein and then call it a day. In return, you get all the benefits you had before, plus the extra feels of doing a s****tload of good for yourself, your planet and your furry friends. No brainer or what? Plant-fuelled veteran or plant-curious rookie—it doesn’t matter. You’ll find our products put the fun back in functional, as we never compromise on taste or nutrition. And that goes for feeding fussy families or fuelling fitness-freaks. Geez, that’s a load of F’s! So, if you replace an animal-derived product with one of ours, you’d better be getting all the nutrients and the satisfaction from it. Otherwise, what’s the point, right? Our method relies on complex scientific algorithms… said no one ever at Very Good Food Co. Yup, we do things a little differently. And that comes down to real people trusting their taste buds, Buds. Rather than petri-dish processes. In fact, our roots as a restaurant mean we’re foodies at heart. So you’ll find our R&D team mostly in test kitchens, finding creative and innovative ways to make the healthiest food possible, while challenging our out-dated reliance on animal products once and for all. Very Good Food Company is traded on the Canadian Stock Exchange (ticker: VERY) & in the United States on the OTCQB market (ticker: VRYYF)  Listen to ILAB 181 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio   Sponsor: Support Invest Like a Boss: Join our Patreon Discussed: Very Good Food Very Good Butchers Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 04:45 – What got you interested in alternative foods? 08:07 – Did this start as a side hustle or did you think this had real potential? 08:53 – Can you tell us about your experience with crowdfunding? 11:36 – How did “Dragon’s Den” (Canadian Version of Shark Tank) help with the business? 14:28 – Can you speak to why you use beans as your base ingredient for most of your products? 16:43 – Where do you source the ingredients for your products? 17:28 – Tell us about the expansion to dairy alternative products 18:56 – Tell us about  going public in the canadian stock exchange and on the OTC market at such an early stage. 23:06 – How will you be distributing all of this new product you will create? 24:35 – What can you tell us about the new distribution deal? 26:12 – Is your focus in the future on retail? 27:28 – Have you partnered with any restaurants or chains? 28:13 – Where do you see the Very Good Food Company in the future? 29:31 – What do you think about the long term future of the industry? 31:02 – What do you think about the difference in food standards between Canada, the US and other countries? 33:10 – How do you try to encourage people to try a plant based diet? 34:42 – Even though you are currently operating at a loss, do you have a projection of when you will see profitability?  36:32 – Sam and Derek recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
5/27/202154 minutes, 44 seconds
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180: Teenage Investing with 18-Year-Old Jack Rosenthal

Jack Rosenthal is an 18 year old entrepreneur and investor. He's the author of "Teen Investing" which has become the #2 best selling book on teenage investing. He's also the founder of the Young Investors Club, LLC the largest teen investing club in the country with $120,000 in assets. Lastly, he maintains his own investment portfolio.    Listen to ILAB 180 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio   Sponsor: IndeedReceive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Discussed: Teen Investing: The Ultimate Guide to Teenage Investing Jack's Instagram @starsocial.pro Young Investors Club Flame Thrower   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 09:50 – What age did you start investing and what inspired you to get involved? 10:47 – What kinda stocks did you get started in? 13:00 – Do you have advice for how families can get their children involved in stocks? 13:39 – How do you determine how much you are willing to invest? 15:15 – What drove you to share your story and encourage other teenagers to get involved? 16:48 – How to start investing with your club? 18:16 – Where are your members based? 18:30 – How are the decisions made on what to invest in? 19:05 – How are the assets held and how do distributions work? 20:49 – What have been the biggest wins and losses for the club? 21:55 – What would be the first thing to do as a teenager to get into investing?  23:39 – What kind of assets will you suggest to be involved in? 25:16 – What do you recommend on breakdown when allocating your investment portfolio? 26:29 – What are good summer/part time jobs which can help you get start up income? 28:40  – Did they teach you about finances in school? 31:18  – Tell us more about your book? 33:32  – Did you spend money on something crazy with your return? 35:13  – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
5/18/202151 minutes, 44 seconds
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179: 8 Things Sam Marks Has Learned from Startup Investing

Sam goes over the top 8 things he has learned from investing in startups. Sam has invested in 9 startups in the last 8 years and has seen 3 exits and/or partial exits in the last six months. He'll go over the process of investing in a startup, what to look for and what to avoid as well.  Listen to ILAB 179 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get Started in just a few minutes. Support Invest Like a Boss: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:04 – What do you look for in a start-up? 08:52 – Is it more important to have the management in place than what the company actually is involved in? 12:23 – Is international diversification important in your selection? 13:39 – How do you determine how much you are willing to invest? 14:28 – Are the Start-ups similar to how “Shark-Tank” portrays? 19:06 – #1: Companies take a long time to build and exit 22:05 – #2: Start-ups require more money, that initial investment is not the last investment. 26:15 – #3: Expect big dilution 32:52 – #4: Founder issues are common protect yourself against it 38:48 – #5: Cap tables becomes big issues for mediocre companies 45:10 – #6: Raising money is not the goal, creating value is 47:56 – #7: Valuation isn't important necessarily, what's more important is your entry point and exit point. 53:55 – #8: Nothing is a sure thing until the money is in your bank account 59:09 – What advice would you give to a beginner getting into a start-up? 63:25 – About how long is expected for the second round of investment? 65:16  – What should you look for in an attorney to look over the investment paperwork? 66:41 – What other ways can you be valuable to the company? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
5/4/20211 hour, 10 minutes, 45 seconds
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178: RAD Diversified REIT President/CEO Dutch Mendenhall

Dutch Mendenhall is a loving father and husband. He currently runs 3 real estate investment funds. He creates positive returns every year for his investors. Dutch is a gifted visionary who has very different beliefs than the average fund manager/leader. He has made his investors millions of dollars and in real estate circles is thought of as a step ahead, a step above, and a step beyond what others are doing.  He believes in taking care of people first: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business."  His decade of experience of investing is coupled with a decade of consulting real estate companies. Dutch's experience includes residential, commercial-assets, low- income housing, luxury-housing, assisted-living, self-storage and apartments.  RAD Diversified has developed a proven, reliable system for investing in residential & multi-family properties in key real estate markets across the U.S. They offer investment partners the opportunity to invest in cash-flowing properties with substantial value-add opportunities. RAD Diversified Specializing in Tax Lien & Tax Deed Investing, RAD Diversified made a 36.7% annualized return in 2020 and has cleared 33.514% in the past 12 months. RAD Diversified also safeguards your investment by offering a 5% bottom-line guarantee. Listen to ILAB 178 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio   Sponsor: RAD DiversifiedInvest Like a Boss listeners can skip the waitlist and invest with RAD Diversified immediately when you use our link! Support Invest Like a Boss: Join our Patreon Discussed: RAD Diversified Survivalist Project Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 03:57 – How did you get into real estate investing? 09:15 – How has the industry changed during the Covid-19 pandemic and how have you adapted? 12:13 – What is the advantage of being versed in real estate? 17:23 – What are the advantages of a tax property sale? 21:47 – Do you need to be an accredited investor to invest with you? 23:21 – Do you have international investors as well? 25:32 – What is the minimum investment to get started and how are payouts done? 29:55 – Is there a fixed investment term or any fees for terminating early? 32:04 – Does the investor choose where they wish to invest in? 33:45 – What happens if the offering is fully funded? 35:12 – Can you explain the Covid-19 amendment? 39:50 – Are there any fees the investors should be aware of? 40:28 – What do you provide as it relates to taxes? 41:26 – How have you had such a profitable time during the covid-19 pandemic? 56:24 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
4/29/20211 hour, 11 minutes, 39 seconds
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177: Frank Song - From Sleeping in Walmart to 8 Figures

Frank Song is currently managing $20 million in committed capital to pursue buyouts of, partnerships with, and/or building highly profitable businesses in unsexy markets. Frank increases enterprise value by implementing large, sustainable competitive advantages into the businesses, such as: increasing operating sophistication, pursuing strategic acquisitions or partnerships to create a national oligopoly or local/regional monopoly dynamic, implementing technology advantages, and increasing performance marketing returns.   Additionally, Frank currently works as a confidential advisor to business with at least $10mm in revenue and politicians to advise on how to implement an art of war campaign in their markets or campaigns to defeat competitors who are larger or better resourced.   Previously, Frank worked at Accel-KKR, one of the top private equity funds (based on returns), where we helped manage the $4.0 billion fund by completing buyouts and growth equity investments of $20mm - $1bn technology companies.   He has contributed capital to:   HighJump (sold for $750 mm) Zinc Ahead (sold for $130 million) PageUp (sold – amount undisclosed)   Listen to ILAB 177 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed Receive a free $75 sponsored job credit to boost your job post at Indeed Support Invest Like a Boss: Join our Patreon Discussed: Find Frank Song on Instagram: @Franksong Forbes article on Frank Song www.franksong.com  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 11:19 – Why did you choose to live in the suburbs of Ukraine? 13:46 – Tell us a little about your story from how you grew up to now? 15:30 – Explain the “I slept in a Walmart” time of your life 17:50 – How did you make it to Ukraine? 19:37 – How did you get started in investing? 26:12 – What do you traditionally invest in? 29:19 – What are some of the businesses you have invested in? 34:50 – How do you manage all of the businesses? 36:43 – Can you talk about your recent business trip to Dubai? 37:49 – What is your general philosophy on where to invest? 46:50 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
4/22/20211 hour, 5 minutes, 17 seconds
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176: Johnny FD, Millionaire & Q1 2021 Update Preview

Johnny is officially a millionaire! Johnny and Sam discuss the journey from starting ILAB in 2015 to growing his portfolio to the million dollar mark today.  Patreon members get access to the full show and can watch the full breakdown of all assets in Sam & Johnny's portfolio and Q1 2021 performance when you sign up at  https://bit.ly/ILABPatreon.   Listen to ILAB 176 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: Invest Like a Boss Patreon    Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 02:44 – "Thanks Johnny; Mr.Millionaire FD..." - Sam Marks 04:30 – "I didn't become a millionaire to have to worry about what time it was when I go surfing" - Johnny FD 07:56 – "Whatever you can do to maximise your piece of mind is the path" - Sam Marks 10:15 – Johnny talks about why he wants residency in Ukraine 13:27 – Johnny and Sam reminisce when they started the podcast 15:57 – "I'll rather be the tortoise, slow and steady" - Johnny FD If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
4/15/202122 minutes, 33 seconds
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175: Sam’s Top 10 Biggest Investment Mistakes

Sam and Derek review some of Sam’s biggest investment mistakes and help you learn from his mistakes.   Listen to ILAB 175 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: Indeed Get indeed's best offer anywhere for a $75 credit to boost your job post when you visit indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:06 – #10. 32 bitcoin lost in Mt. Gox  10:37 – #9. Fazzle mega search engine 15:52 – #8. 101 and Mint Lounge, Tallahassee 21:36 – #7 Buying “the stock tip” from unqualified people 26:32 – #6 Skywolf  32:06 – #5 Storing Gold in a Lock Box in China 37:17 – #4 Buying RMB currency 39:50 – #3 Don’t have too much trust in your financial advisor 47:29 – #2 Stock options 54:18 – #1 Selling at the bottom of the ‘08 crisis If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
3/18/20211 hour, 6 minutes, 28 seconds
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174: Buying Your Own Private Island with Farhad Vladi

Few people can withstand the longing for their own private piece of land in the midst of vast oceans or an idyllic lake, far from the rush and confinement of the rest of the world. Even though it is of manageable size an island feels infinite - the water creates a natural boundary that provides island dwellers with a freedom not found in any piece of real estate on the mainland. Yet it is the mainland that gives islands their special character. The luxury of a private island consists of the freedom to escape into solitude and to return from it at any time - therefore, even the smallest island with a simple log cabin is of immense value to its owner. lt is a great and very moving privilege to observe the passing of the season on one's own island. Even after spending many years on their islands, many island owners have described to me how overwhelmed they felt by the beauty and power of nature - and the composure they have learned from it: on an island, everything takes place at nature's own slow pace. Those who respect this pace are richly awarded as they contribute to the maintenance of their island universe. Islands have cast their spell on me in my childhood, a spell that has not been broken to this day. On March 14, 1971 I sold my first island: Cousine Island in the Seychelles. To this date, the number of islands I have sold has reached 2,000. During these four decades, I had the opportunity to meet island owners with the most varying personalities. Regardless of their profession or social status, they all have one thing in common - they are all extreme individualists with great perseverance when it comes to carrying out their personal endeavours. Today’s island owners do not have to struggle with infrastructure issues anymore. State-of-the-art systems to generate electricity and to purify water, the most comfortable ready-built houses, good technical tools for setting up road systems, as well as electronic communicating facilitate the development of the new isle. Once this whole process is completed, the owner usually has built up strong emotional ties to the land. This remains today's actual major obstacle on the way to purchasing an island - islands are rare, regardless of their location in a lake, a river or the sea. An island that has been carefully and lovingly reclaimed often feels to its owner like part of the family. Parting company with it is accordingly extremely difficult. This phenomenon can be described in other words: an island does not have a house number. An island has a soul.    Listen to ILAB 174 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: MasterworksUse code ILAB at signup on Masterworks.io and skip the 20,000 person waiting list to start investing in art immediately Support Invest Like a Boss: Join our Patreon   Discussed:   Vladi      Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:26 – Can you tell us the story on the first island you bought? 09:39 – Where have you sold most of the islands? 13:00 – Do people approach you to purchase islands? 14:55 – Can you mention some of the celebrities you have as clients? 18:02 – What is the range of cost for these private islands? 19:48 – Are there smaller islands in Spain and Portugal? 20:25 – Are the islands undeveloped, or developed as it pertains to infrastructure? 22:38 – Do people buy islands and develop them for resale? 24:25 – What is the pitch for selling the island? 25:26 – What are some of the most expensive islands you have sold? 27:11 – How can someone learn more about buying an island? 29:12 – How do you acquire the islands for sale? 32:03 – Sam & Johnny recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
3/11/202140 minutes, 38 seconds
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173: International Allocation (Index Funds 202)

Sam and Johnny do a follow up to the popular Index Funds 101 episode (Please link this) and expand the topic to international allocation into index funds.    Listen to ILAB 173 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio Sponsor: IndeedReceive a free $75 credit and receive an instant short list of candidates for your job post when you visit Indeed.com Support Invest Like a Boss: Join our Patreon Discussed: Index Funds 101 101 Investing Blog Post VXUS: Total International Stock = 23% of my current. Aiming for 35%   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:50 – Why even bother investing worldwide? 10:39 – Johnny’s breakdown of his index funds 12:35 – Discussion on TenCents multinational 16:29 – Do you know what Taiwan Semiconductor makes? 20:09 – Listing some of the Top 10 international investments? 22:01 – The story of Toyota and Lexus 26:24 – Japanese stock market index 34:13 – All Seasons Portfolio breakdown 39:51 – VanGuard portfolio watch asset allocation backtesting risk-return allocation analysis 42:57 – What to do when you don’t have direct access to international index funds? 46:19 – Management fees with financial advisor   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
3/2/20211 hour, 21 seconds
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172: Invest in Farmland with FarmTogether CEO Artem Milinchuk

Artem has over 11 years of finance experience in food, agriculture, and farmland. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce. He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y and PwC. Artem holds an MBA from The Wharton School, and a BA and MA in Economics from the Higher School of Economics. Listen to ILAB 172 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: FarmTogether Support Invest Like a Boss: Join our Patreon Discussed: FarmTogether   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:04 – What got you involved in farmland investing? 09:22 – How does it differ to commercial and residential real estate? 11:25 – How does it compare to traditional investing? 14:15 – Does technology help in the challenge of making more food with less land? 16:39 – Why are so few investors in this asset? 20:38 – How can farmland help with an expected inflation in the economy? 21:38 – With the population moving out of the city, is this affecting the availability of farmland? 24:20 – How do you qualify to invest in FarmTogether? 28:23 – What is someone actually buying when investing? 30:54 – How are returns generated? 32:34 – Which is the best crop to invest in? 34:27 – Do the commodities vary in price? 36:11 – Can you get out of the deal early? 36:59 – How does FarmTogether profit from these deals? 37:45 – Can you explain the option of sole proprietorship? 38:41 – Are there any bonuses for investors? 40:23 – What are some really good sources of education on farmland and farming? 42:26 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/23/202158 minutes, 27 seconds
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171: Offshore Investing as an Ex-Pat with Escape Artist's Mikkel Thorup

Mikkel Thorup is the host of The Expat Money Show podcast and the Director at EscapeArtist.com. He is the author of #1 Best-Selling book Expat Secrets on Amazon. Mikkel has spent more than 20 years in continual travel around the world, circumnavigating the globe more than 400 times visiting over 100 countries including Colombia, North Korea, Zimbabwe, and Iran. His goal is to help people just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.   Listen to ILAB 171 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedReceive a free $75 credit to boost your job post on Indeed when you visit Indeed.com Support Invest Like a Boss: Join our Patreon Discussed: TLAB 263 - Mikkel Thorup Living Abroad As An Expat 2nd Passport  Escape Artist Expats Secrets: How to pay zero taxes (Book) Johnny FD Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 17:13 – Why invest offshore? 21:12 – What are your thoughts on investing in foreign currency? 23:26 – What are thoughts on holding gold? 26:35 – Can you describe the vaults you visited? 31:22 – What other investments will you recommend to those who want to go offshore? 36:25 – Can you clarify the reporting on overseas accounts? 39:15 – Why are you supportive of people having second residency or a second passport? 44:20 – What are some of the other ways you can file for citizenship? 47:05 – What are other services you help people with? 48:11 – Johnny and Sam review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/18/20211 hour, 24 minutes, 47 seconds
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170: Passive Online Business Investing with Empire Flippers Capital

Mike Vranjkovic is the manager of Empire Flippers Capital. EF Capital is a platform for matching up passive investors and experienced online business operators. Accredited investors can acquire multiple deals to put together passive and diversified portfolios of online businesses. Listen to ILAB 170 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: MasterworksSkip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks Support Invest Like a Boss: Join our Patreon Discussed: Empire Flippers Capital Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:30 – Why did Empire Flippers decide to bring this investment arm onto the platform? 11:44 – Are these deals open worldwide? 14:00 – What is the investment minimum? 15:10 – Does Empire Flippers do any of the vetting? 18:54 – Is the operator investing their own money as well? 20:52 – Can you simplify the numbers from an investor perspective? 24:10 – Where can we review the available deals? 29:54 – Do you plan to add other types of investments other than content of fba? 32:54 – What happens if the deals are not funded? 34:20 – Is there anything else people should know before investing? 35:58 – What is the expected investing holding period? 37:17 – Can you estimate the risk and reward?  41:32 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/9/202159 minutes, 31 seconds
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169: Exit Rich - How to Sell Your Business for Huge Profit

Seiler Tucker’s twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model ™” to help business owners set goals for the sale before their business hit the market, and the “Six Ps Method ™” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. In Exit Rich, author and authority on buying, selling, fixing, and growing businesses, M&A advisor Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and co-author of Rich Dad Poor Dad, to create a must-have guide for all business owners—whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future. Throughout the book, Sharon Lechter’s wisdom anchors each chapter with a “Mentoring Corner” section providing forward-thinking entrepreneurs with the perspective they need to take control of their business’ futures and exit rich. Seiler Tucker’s brilliant twofold approach to selling your business for maximum profit combines two of the most powerful elements of her M&A toolkit: the “ST GPS Exit Model™” and Seiler Tucker’s “6 P Method™.” Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. Michelle’s exclusive techniques have proven successful in many industries and across multiple business platforms. In Exit Rich, you will get a step-by-step blueprint for maximizing your business profits, as you learn how to evaluate your business, when to sell it, and how to work with the top business authorities to make that happen. Listen to ILAB 169 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedGet a free $75 credit to boost your job post and get quality candidates even faster when you go to Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Discussed: Exit Rich Book   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 12:22 – When should you prepare to sell your business? 14:13 – How do you determine a fair value for your business? 17:25 – Why do you think a lot of businesses don’t sell? 18:18 – Can you explain your “GPS Exit Model”? 24:48 – What are “the 6 P’s” ? 41:01 – What do most people overlook when selling their business? 43:45 – What can slow down or stop a sale of a business? 45:46 – Is it easier to sell a 2-Mil business than a 100-Mil Business? 47:47 – What are some of the fees involved when selling a business? 50:44 – What makes this book different from your other two books? 54:41 – Why should people buy the book?  57:28 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
2/2/20211 hour, 16 minutes, 37 seconds
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168: Drew Bledsoe, from Pro Football to Wine Estates

Upon his retirement from the NFL in 2007, Drew Bledsoe "doubled back" to his hometown of Walla Walla, Washington to realize a long held dream. Drew and his Wife, Maura, purchased a piece of property on the southern edge of the Walla Walla Valley AVA and subsequently launched Doubleback as an estate focused winery with the goal of crafting America's best Cabernet Sauvignon in an elegant, true to varietal way. Drew had long been planning for this moment during his years playing football and success came immediately as the very first vintage earned a spot in Wine Spectator's Top 100 List. Drew hired Josh McDaniels, now CEO & Director of Winemaking, away from Figgins Family Wine Estates where he had trained for almost a decade under their longtime mentor and friend, Chris Figgins. Josh, also a Walla Walla native, has been named a "Washington Prodigy" and a "Game Changer of Washington Wine" by Wine Enthusiast Magazine. The collaboration between Drew and Josh is a competitive partnership that pushes them to continue the pursuit of perfection in Cabernet Sauvignon every day. Doubleback remains a small, family owned winery located on the southern edge of Walla Walla in its new home that was completed in 2018. The winery has four estate vineyards all located in the Walla Walla Valley and all unique to the other. Each vineyard is sustainably certified and farmed by its own incredible farming crew that is an integral part of the team. The team welcomes it's mailing list customers by appointment only daily.  Listen to ILAB 168 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: Our CrowdGet access to invest directly, easily and early in pre-IPO companies with OurCrowd. Sign up free now  Support Invest Like a Boss: Join our Patreon Discussed: Bledsoe Wine Estates Bledsoe|McDaniels Doubleback Bledsoe Family Winery Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:42 – When did you know you wanted to go into the wine business? 13:20 – Has Walla Walla always been producing really good wines? 16:30 – What kind of investment advice is given to young athletes? 21:20  – Have you had other crazy investment proposals during your career? 24:58 – How was the transitioning for the NFL to the Wine Estates? 29:05 – How did you start with Doubleback once you retired? 31:06 – Did you know the economics of the wine business? 34:15 – Why do you think a lot of winery businesses fail? 40:06 – What are the future plans for the estates? 44:08 – Do you see this business staying in the family?  50:26 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/26/20211 hour, 4 minutes, 48 seconds
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167: 2021 Bitcoin Outlook with Stephan Livera

Stephan Livera is a Bitcoin Podcaster and co-founder Ministry of Nodes. He hosts one of the world's leading bitcoin podcasts focused on the economics and technology of bitcoin. Stephan came to the space in 2013 and started the podcast in 2018, hosting many leading names in the bitcoin world as a means to provide high quality, curated information. Stephan contributes articles, speaks and hosts bitcoin events and conferences. Professionally and previously Stephan worked as an Australian chartered accountant and auditor within financial services.  Listen to ILAB 167 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: Our CrowdOurCrowd investors have access to invest directly, easily, and most importantly, early in pre-IPO companies. Sign up free now  Support Invest Like a Boss: Join our Patreon Discussed: stephanlivera.com ministryofnodes.com.au Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 11:13 – How did you get into Bitcoin? 13:03 – What are you trying to unearth with your podcast? 16:34 – Do you view Bitcoin as a currency or an asset? 21:17 – Have you heard of any large funds buy Bitcoin? 25:45 – Are these long term holds? 30:43 – Where does it sit as a currency? 33:57 – Have you heard of any big platforms accepting Bitcoin as payment? 36:31 – Would it make sense exchanging Bitcoin with a stable coin? 37:39 – Do you see Banks adopting and dealing with Bitcoin 41:47 – Has the wallet technology improved as it relates to security?  47:32 – What do you mean by “self-custody”? 51:27 – What do you see on the horizon with Bitcoin? 53:13 – Sam and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/18/20211 hour, 33 minutes, 36 seconds
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166: Q4 Updates and 2021 Plans (Patron Preview Episode)

To watch the full 1 hour and 45 minute version sign up for any plan starting at just $5 a month at: https://www.patreon.com/investlikeaboss    
1/14/202127 minutes, 19 seconds
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165: Top ILAB Guests of 2020 + 2021 Preview

With a crazy 2020 year during the Covid Pandemic Johnny and Derek review the top 5 guests for the year 2020.    During the episode, Johnny and Derek reminisce about some of the interviews they had during the year and how they have opened their minds during this year. They later discuss ideas for upcoming shows for 2021.   Listen to ILAB 165 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Our CrowdOurCrowd gives accredited investors access directly, easily and most importantly early to Pre-IPO startups Support Invest Like a Boss: Join our Patreon Discussed: ILAB 140: John McAfee – COVID-19, and the Best Chapter of Life ILAB 141: Online Businesses – The State of the Industry, with Empire Flipper’s Joe Magnotti ILAB 143: Luxury Real Estate, with Ryan Serhant ILAB 144: Own Your Future – Digital Assets, with Flippa CEO Blake Hutchison ILAB 149: Die With Zero – Bill Perkins Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 09:03 – #5 Ryan Serhant : Luxury Real Estate  16:03 – #4 John McAfee : The Best chapter of my life 21:04 – #3 Joe Magnotti : Online Businesses 26:39 – #2 Blake Hutchison : CEO of Flippa 33:42 – #1 Bill Perkins : Die with Zero 47:18 – Q4 Previews and plans for 2021 If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.
1/5/202158 minutes, 35 seconds
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164 : Evaluating Doordash's IPO & Business Model with Mike & Joe Murgio

Mike Murgio returns to the show (Last appearance: ILAB 165 - Bitcoin vs. Stocks, Tesla vs. Ford) along with his brother Joe Murgio to talk with Sam Marks about the upcoming Doordash IPO. They know the ins and outs of the delivery business as Joe is the CEO of DeliverLogic, a software company that services clients in the delivery space. Sam is also an investor in DeliverLogic. Joe Murgio goes over the Series 1 for Doordash's IPO and Doordash's overall business model. They'll discuss whether Doordash looks to be a solid investment and if it'll skyrocket like Tesla did after Mike correctly predicted on his last appearance.   Listen to ILAB 164 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed.comReceive a $75 credit to boost your job post on Indeed and find quality candidates faster when you sign up at our link!  Support Invest Like a Boss: Join our Patreon Discussed: DeliverLogic Door Dash Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:46 – Can you tell us about deliverlogic? 13:56 – Can you discuss the last 6 years of the business from your perspective? 20:40 – How did the market change with the newer delivery options? 25:00 – How has Covid-19 pandemic affected the delivery service industry? 26: 30 – Have you seen more entrepreneurs starting new businesses or has it been independent clients growing their business? 29:10 – How does the business side of door dash work? 30:04 – How do you buy shares in an IPO? 39:24 – How are they going to sell 33 Million shares? 40:51 – How does the price jump between primary and secondary trading? 45:25 – What is your perspective on DoorDash versus Grubhub? 51:53 – Are you going to buy in with DoorDash? 55:40 – Does this IPO excite you? 58:06 – Sam & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
12/14/20201 hour, 11 minutes, 51 seconds
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163: Should You Buy the Airbnb IPO? With Forbes' Tom Taulli

Tom Taulli has been in the tech industry for some time. While in the eighth grade, his dad bought him a computer and just left it on his desk. So he started to figure it out. And yes, he became obsessed with this machine. Then when he was a freshman in high school, he started to code and sold some of his programs to magazines (in the early 1980s, these publications had listings of code for readers to type in!) From all this, he knew he wanted to be a part of the tech world. Although, it was not until college that he started his first business. You see, he was fairly bad at taking exams. What to do? Well, he created software for exam preparation. He would sell this to a national provider of bar exam preparation. The business would then go on to grow, as they added more and more exams. But the biggest venture of his was launched in 1997. It was Hypermart.net. Think of it as kind of a first-generation Shopify. From the start, the growth was strong and they would sell the company to InfoSpace.com. In the meantime, he has always been writing, such as for Forbes.com, Bloomberg.com, Kiplinger and BusinessWeek. He has also written a variety of books, mostly on tech and finance. His latest include Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems. As of now, he is an advisor to some awesome startups.   Listen to ILAB 163 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: MasterworksSkip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks.io  Support Invest Like a Boss: Join our Patreon Discussed: Tom Taulli's Article on Airbnb IPO Airbnb's Retail Road Show Video Pitch Airbnb's S-1 Tom Taulli Website Twitter @TTaulli Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:44 – How did you get into the world of start-ups and IPOs? 12:40 – How does buying IPOs differ from regular stock? 15:58 – How does a company go from private to public? 19:50 – Is this a good time for AirBnb to go public? 21:02 – Do you see AirBnB financials to justify their increase in valuation? 22:04 – Do you see them profiting in the immediate future? 25:04 – Why do they focus on the hosts more than the guests? 26:37 – What are some of the pros for AirBnb? 30:09 – What are some of the risks with AirBnb? 32:05 – Should you be concerned that some of the Hotels are running similar packages? 33:05 – Can you see AirBnb expand into other profitable areas, like the AirBnb Experience? 34:40 – What do you recommend to be a maximum price point for entering the AirBnb IPO? 35:53 – Are their other stocks you would recommend as alternatives to IPO? 36:54 – Why is AirBnb not profitable? 37:52 – “travel and tourism will continue to be important it’s not going away” - Tom Taulli 38:43 – What are some of the tips and tricks to get in on the lowest level possible? 40:50 – Are you looking to buy into AirBnb? 43:26 – Johnny & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
12/8/20201 hour, 8 minutes, 9 seconds
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162: Farmland Investing with AcreTrader CEO Carter Malloy

Carter grew up in a farming family and has a lifelong passion for investing and agriculture. Prior to AcreTrader, he was part of an equity investment firm for 5 years. Before joining in 2013, Carter was a Managing Director with Stephens Inc., a large private investment bank, where he was an equity research analyst focused on the Internet, Data & Analytics and Real Estate Processing sectors. Prior to Stephens, he owned small businesses focused on internet marketing and sustainable fuel technologies. He graduated from the University of Arkansas with a bachelor’s degree in Physics and has previously held Series 7, 63, 86 and 87 licenses with the Financial Industry Regulatory Authority (FINRA). Listen to ILAB 162 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedGet a $75 credit to boost your job post and find your next hire faster  Support Invest Like a Boss: Join our Patreon Discussed: AcreTrader Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:50 – How did you get into farmland and agriculture? 08:30 – Before AcreTrader, how was farmland purchased? 10:22 – What is the usual size of these farms? 12:02 – Why farmland and not commercial or residential real estate? 15:15 – How does farmland outperform other asset classes? 18:25 – How long do you hold onto the land for? 18:39 – Are you concerned about the land depreciating because of bad farming  practices? 20:26 – How long do farmers usually rent the land? 21:09 – How does it work for investors? 23:06 – How often does the investor get paid? 25:45 – Does the rental change depending on the farm? 27:03 – Do you normally list farms weekly? 28:09 – What is your investment range? 30:06 – What crops are the most profitable? 34:30 – How long are the investments? 37:48 – How are the taxes treated? 36:55 – Who can invest? 39:48 – Johnny & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
11/20/202056 minutes, 21 seconds
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161: Investing in Fine Wine - Cult Wines CEO Tom Gearing

Tom Gearing is CEO and co-founder of Cult Wines Ltd, the world’s leading fine wine investment company with assets under management of £130 million. Founded in 2007 and headquartered in London, the company has offices in Hong Kong, Shanghai, Singapore and New York (late 2020). Cult Wines provides physical fine wine portfolio management services to private individuals and clients of family offices, wealth managers and private banks globally. Tom has overseen the growth of the business receiving a number of awards including appearing on the Sunday Times Fast Track 100 in 2015 and 2017, as well as receiving a Queens Award for International Trade. Tom regularly features as a market commentator appearing on media outlets such as Bloomberg, CNBC Europe, CITYAM and more. Tom is a former runner-up on the BBC’s Apprentice in 2012. Listen to ILAB 161 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: MasterworksAt signup, go to Masterworks.io, select Podcast and use code BOSS to skip the 70,000 person wait list.  Support Invest Like a Boss: Join our Patreon   Discussed: Cult Wines Ltd Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 07:40 – How did you get started in Wines? 12:09 – What is a “fraud” wine? 15:44 – Is there a lot of money in owning and operating a vineyard? 19:28 – Which country sells the most wine by volume  ? 22:00 – What is driving the price of wine? 25:56 – What happens when the bottle “goes bad”? 30:30 – Do wines differ with food pairing and ageing? 34:24 – How does Cult Wines Ltd engage with different investors? 42:16 – What are the range of portfolios with your investors? 44:04 – Are all your investors financial investors? 46:30 – Where do you have operational centers throughout the world? 47:27 – Are there any restrictions on who can invest? 48:15 – Could you see yourself doing anything different? 51:29 – Sam & Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
11/13/20201 hour, 23 minutes, 58 seconds
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160: 1 Euro Houses in Italy - Karl Pierre

Karl Pierre is a Real Estate Investor, serial entrepreneur and educator. He earns over 1,000,000 every month, manages more than 400 workers, and he owns and controls over 15,000,000 in real estate assets. He started In Healthcare Staffing in his family business at age 14. Doing everything from hiring, payroll, billing, and staffing, later went on to flipping salvage automobiles. In 2006 he participated in his first real estate transaction and has been growing his portfolio as an investor ever since. Listen to ILAB 160 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed  ILAB listeners receive a $75 credit to boost their job post and help find more quality candidates faster Support Invest Like a Boss: Join our Patreon Discussed: 1 Euro Houses ENTP Life YouTube: ENTP life  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps:  06:49 – How did you get started in Real Estate? 13:38 – What was the first international property you got involved in? 22:36 – Why did you choose Sicily? 23:18 – What is the “catch” of this investment? 30:15 – What do you think your renovation cost will be? 32:58 – How did you find a contractor? 34:20 – How was the closing process ? 40:41 – Are you looking at acquiring more properties? 46:12 – Patreon Questions 52:57 – Sam & Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
11/6/20201 hour, 5 minutes, 24 seconds
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159: Q4 2020 Update Preview & Bill Perkins Follow-Up

In the first half of this episode, Johnny and Sam give you a preview of their 3rd quarter 2020 investments. If you want to hear the full episode and see the video including screenshots of both Johnny and Sam's accounts you must become a Patreon. Sign up for the Invest Like a Boss Patreon account for as low as $5 per month to gain access.  In the second half of the episode, Johnny follows up with Die With Zero author Bill Perkins. (Listen to his first ILAB interview in Episode 149). There was a lot of interest in what MLPs (Master Limited Partnerships) that Bill invests in himself and he actually lists the exact ones he has positions in! Johnny even decided to mirror Bill's investments  himself, you'll have to listen to find out what MLPs Bill is in! Listen to ILAB 159 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Our Crowd  Support Invest Like a Boss: Join our Patreon Discussed: Die with Zero Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 2:29 – Quarterly Update preview 23:11 – How do you afford to have a yacht experience? 24:30 – Who paid for the yacht you are on? 25:45 – How much was it to rent a yacht? 26:05 – How big is the yacht? 26:50 – “I identify the experiences then allocate the money” - Bill Perkins 27:14 – What MLP’s are you invested in? 29:03 – Is this a Long-term hold for you? 29:49 – Do you worry about the price per share when it is time to sell? 31:11 – Would I be crazy to do 10% of my net worth in MLPs ? 32:38 – “I wasn’t put on this earth to make 4%” - Bill Perkins If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
10/23/202034 minutes, 44 seconds
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158: Peter Mallouk Talks The Path with Tony Robbins

Peter Mallouk is the President of Creative Planning, named the #1 Independent Financial Advisory Firm in America by Barron’s (2017). Barron’s magazine named Peter the #1 Independent Financial Advisor in America three straight years (2013, 2014, and 2015). CNBC named Creative Planning the #1 Independent Wealth Management Firm in the United States on the only rankings the network ever released (2014–2015). Peter is featured on Worth magazine’s 2017 and 2018 Power 100 rankings, a list featuring the 100 most powerful men and women in global finance. In 2017, Peter was a recipient of the Ernst & Young Central Midwest Entrepreneur of the Year Award. Creative Planning provides comprehensive wealth management services to high-net-worth clients, including investment management, financial planning, charitable planning, retirement plan consulting, tax planning, and estate planning services. Creative Planning currently manages nearly $50 billion for clients in all fifty states. Reach Out to Peter Mallouk Creative Planning Twitter Facebook Listen to ILAB 158 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Derek Spartz – Los Angeles / IG  @derekradio Sponsor: Indeed  Support Invest Like a Boss: Join our Patreon Discussed: The Path: Accelerating Your Journey to Financial Freedom is Peter Mallouk & Tony Robbins'  Regardless of your stage of life and your current financial picture, the quest for financial freedom can indeed be conquered. The journey will demand the right tools and strategies along with the mindset of money mastery. With decades of collective wisdom and hands-on experience, your guides for this expedition are Peter Mallouk, the only man in history to be ranked the #1 Financial Advisor in the U.S. for three consecutive years by Barron’s (2013, 2014, 2015), and Tony Robbins, the world-renowned life and business strategist. Mallouk and Robbins take the seemingly daunting goal of financial freedom and simplify it into a step-by-step process that anyone can achieve.   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 8:22 – Why the New Book? 9:26 – Why was it necessary to include “the 6 human needs” in the book? 14:06 – Why do people have financial success but still are not happy? 15:57 – What still drives you to grow your business? 17:14 – How did you get started and how did you meet Toni? 24:47 – What are your thoughts on the All Seasons portfolio? 29:03 – What are your thoughts going forward with the US Stock market? 31:08 – How are you personally invested? 32:30 – What are the advantages of using your company as opposed to going directly? 34:42 – How do you feel about crypto currency? 36:52 – What does financial freedom look like? 38:56 – Johnny and Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
10/15/202047 minutes, 45 seconds
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157: Meet Derek Spartz: New Member of Invest Like a Boss

Meet Derek Spartz, the newest member of Invest Like a Boss. Derek has been a member of ILAB since March 2020, mostly behind the scenes, but will be taking on a larger role going forward. So, we decided to have him on the show to learn more about his career background and investment portfolio. Johnny speaks with Derek to learn how he went from a corporate job in the music/radio industry with near zero savings and buried in debt to becoming self-employed, debt-free and achieving a 50% savings rate in less than 2 years. Derek has done all this while continuing to live in one of the most expensive places in the United States - Venice Beach, California. Learn why he continues to live there, what his plan is going forward, and how he was inspired by ILAB and eventually came to work on the show. Listen to ILAB 157 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Sponsor: MasterWorks Select "Podcast" at signup and use code BOSS to skip the 70,000 person wait list and get direct access to invest.  Support Invest Like a Boss: Join our Patreon Discussed:  Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 12:32 – Derek’s Background 22:35 – Derek’s employment after radio 32:27 – “I’m at a 50% savings rate” - Derek Spartz 37:57 – Is there a city or country you would consider moving to? 39:19 – How did you start working with Invest Like A Boss? 40:19 – Is there a plan for an Invest Like A Boss meet up in 2021? 41:49 – When is the Tony Robbins interview? 43:56 – What is the most impactful book you read? 46:16 – Where do you invest your money? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
10/8/20201 hour, 7 minutes, 10 seconds
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156: How to Buy Real Estate Overseas in 8 Easy Steps

In Buying Real Estate Overseas For Cash Flow (And A Better Life): Get Started With As Little As $50,000, Kathleen Peddicord and Lief Simon explain how to incorporate an investment in foreign real estate into your portfolio for as little as $50,000. With a lifetime of experience on the subjects of living, retiring, and investing overseas, the authors delve deep into this complex topic. Simply put, this book is a practical guide to buying property overseas as a strategy for earning cash flow to fund your dream retirement. Buying Real Estate Overseas includes a breadth and depth of information on the world’s best markets for investing in real estate for cash flow. Its up-to-date information about this investment category puts to bed much of the outdated advice and guidance currently available in published materials. The authors identify several hot, new markets where currency valuations and market conditions make the purchase of real estate an extremely wise investment decision in today’s volatile investment climate. Listen to ILAB 156 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Sponsor: OurCrowd  Support Invest Like a Boss: Join our Patreon Discussed: Buy Real Estate Overseas to Earn Cash Flow Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:58 – How do you get started in buying properties overseas?  15:10 – Is it easy to find local banks that are willing to lend you money for properties? 20:54 – After you are financed, what is the next step? 27:41 – With short term rentals, how do you address property management? 30:44 – How do you choose a property? 39:38 – What strategies do you use for negotiating on the property? 46:16 – How is it best to handle closing on the property? 49:04 – What are the ways you can manage your asset? 50:42 – Where do you have real estate, and what areas are you interested in? 53:50 – How many properties have you owned at a single time? 57:59 – What are the best value markets right now? 61:11 – Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
10/1/20201 hour, 14 minutes, 1 second
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155: Strip Club Economics - Rori Gordon

Rori Gordon attended the School of Hard Knocks. After high school Rori worked in several facilities as a bartender. She learned about operations and management at the various places she was employed. In 1980 Ms. Gordon was offered a position managing the Hollywood Motel. After two years the nightclub located at the Hollywood Motel became available for lease. Ms. Gordon started Rori Promotions. At the same time she signed a lease with the Motel owner for the nightclub space naming it Anvines. Anvines  became an overnight success and remained in operation from 1982 until 1989. In 1988 Rori Gordon decided to enlist the services of Billy Deans Entertainment. She ultimately hired Billy Deans Male Revue every Friday night at Anvines. The following summer Billy Deans “Foxy Boxing” was created with sold out shows for a 16 week booking. Ms. Gordon was at a crossroad in her career and had to make a decision.  In 1989 she sold her interest in Anvines and became partners in Billy Deans Entertainment. Promoting, touring and booking shows resulted in an unbeatable team. After 5 years of working in clubs all over the world Billy Dean and Rori Gordon wanted to put their feet down in one local location. This prompted the purchase of 1998 Billy Deans Showtime Café. Rori Gordon is the promoter and marketer. For many years she has been the bartender, food preparer for all events at the club and has even swept the floors. There is no task too small for this woman. Ms. Rori Gordon belongs to the club of the very few female gentlemen’s club owners in the world. She is active in ACE the Association of Club Executives, supports the Center for Constitutional Rights, and enjoys participating in charitable events for Cancer Care. She is a community advocate for rooting out corruption in the Town of Hempstead and Smithtown. She loves everything vintage. Rori collects Roseville Pottery, Vintage Luggage, Hammered Aluminum and Airline Memorabilia. Mid Century Modern is her new kick. Her style is eclectic.   Listen to ILAB 155 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Sponsor: Indeed  Support Invest Like a Boss: Join our Patreon Discussed: Billy Deans Special ILAB Listener Offer for Equity Estates through October 1st, 2020 Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:48 – Is it rare to be a female Gentlemans Club Owner?  09:19 – What are the pros and cons of buying a successful club or a club that needs work? 12:54 – Have you tried to calculate the lifetime value of a customer? 15:25 – Describe your clientele as it relates to girls and guys? 16:53 – Which is more profitable a dance club or a gentlemans club? 18:48 – What are your experiences with the strippers? 20:41 – How do the female clubs and male clubs compare? 22:19 – How does your income compare between bar sales and dances? 25:20 – What is the typical work schedule? 28:48 – How do you find a club for sale? 37:21 – Are there other options besides regular dances? 39:48 – What is the usual approach for girls to sell dances? 43:17 – Do club owners discuss strategies and other business? 45:16 – How do you handle pressure from the community? 50:12 – Is there anything you think you would have done differently? 51:23 – Are there any themes or marketing strategies that you use? 56:02 – Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
9/24/20201 hour, 16 minutes, 24 seconds
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154: Investment Returns for Ski-Country Vacation Rentals – Vacasa’s Shaun Greer

Shaun Greer serves as VP of Sales and Marketing for Vacasa and is responsible for short-term-rental portfolio growth and real estate sales/compliance. He brings extensive experience in mergers and acquisitions, joint ventures and public and private partnerships to his role. Shaun has been with Vacasa since 2015 and has held several positions including Senior Director of Real Estate, Director of Corporate Development and Mergers and Acquisitions Manager. When not cultivating relationships within the vacation rental industry or building the Vacasa Real Estate network, he is enjoying time with his family and outdoor activities. Listen to ILAB 154 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – South Carolina / IG @imsammarks Sponsor: Indeed  Support Invest Like a Boss: Join our Patreon Discussed: Vacasa Special ILAB Listener Offer for Equity Estates through October 1st, 2020 Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 13:44 – How did Vacasa get started?  16:18 – Do you manage the entire building or just the units? 19:00 – Do you handle all the taxes on behalf of the homeowner? 20:10 – What has been the demand change due to the effect of Covid? 23:22 – What has been the favourite type of destination? 26:35 – Where do you have the most listings? 27:46 – How often do owners use the property? 29:15 – What are the revenues for the various seasons? 32:19 – Do owners do monthly or daily rate rentals? 36:31 – What to expect, investment wise, on the different types of rentals? 42:36 – Are you investigating the ski seasons long term with climate change? 44:04 – What are the top ski markets? 46:30 – Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
9/17/20201 hour, 1 minute, 5 seconds
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153: Investing in MLPs; Is Now a Good Time To Invest? - Stacey Morris

Stacey Morris is the Director of Research at Alerian, which equips investors to make informed decisions about energy infrastructure and Master Limited Partnerships (MLPs). Ms. Morris was previously the Investor Relations Manager for Alon USA Energy, overseeing investor communications for the corporation and its variable distribution MLP, Alon USA Partners. Prior to Alon, she covered the integrated majors and refiners at Raymond James as a Senior Associate in the firm’s Equity Research Division. Ms. Morris graduated summa cum laude with a Bachelor of Science in Business Administration from Stetson University and is a CFA charterholder. Listen to ILAB 153 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Our Crowd  Support Invest Like a Boss: Join our Patreon Discussed: Alerian Special ILAB Listener Offer for Equity Estates through October 1st, 2020 Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 09:07 – Were you always interested in energy growing up and when did you first learn about MLP?  11:05 – What is a MLP?   13:04 – Do MLPs have a regulation or restriction on their distribution of profits? 14:15 – Are all energy companies MLPs? 16:55 – Can you explain a hypothetical situation to explain tax exemption? 24:11 – What are the variables that move the price of a MLP? 28:17 – What are some of the big MLP companies? 29:43 – What are the easiest ways to invest in MLPs? 34:16 - Are high yields common? 37:28 – Is now a good time to invest in MLPs? 41:09 - Derek’s Recap 45:58 - Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
9/11/20201 hour, 3 minutes, 42 seconds
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152 - Equity Estates - Philip Mekelburg

Philip Mekelburg, CEO and Fund Manager, Equity Estates. Philip has over 20 years of experience in business development, marketing, management and operations. After graduating from Cornell University, he worked as a corporate trainer and management consultant. His accomplishments include starting a fast-growing, new-to-market retail concept which he built up and sold within four years. The industry respected his novel approach and elected him president of their international association. Afterwards, Philip was hired as Director of Operations for a financial services firm where his work in channel sales garnered him praise, while expanding his knowledge and experience in marketing specialty finance products. He co-founded Equity Estates in 2006 and enjoys building a real estate portfolio that is also a smart investment that offers memorable experiences. Listen to ILAB 152 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Indeed Support Invest Like a Boss: Join our Patreon Discussed: Equity Estates Special ILAB Listener Offer for Equity Estates through October 1st, 2020 Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:23 – How did Equity Estates start?  12:40 – How would you describe Equity Estates?   16:12 – How does Equity Estates compare to a timeshare or secondary home? 21:28 – What are the general characteristics of the properties? 23:56 – Where are the properties usually located and how do you select? 25:06 – What are the requirements and minimum investment to invest? 27:29 – How does the concierge experience work? 33:05 – How do you manage the expenses of all the properties? 37:08 – How do the average investor utilise their time at the property? 40:57 – Patreon: Do you have investment opportunities for non-accredited investors? 45:00 - Patreon: How does your affiliate portfolio work on the business side? 46:26 - Can you discuss the different funds available? 48:07 - Can anyone invested in any fund can access any property? 48:49 - Patreon: Are you seeing any impact from Covid-19? 49:53 - What is your favourite property in the portfolio? 55:20 - Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
9/4/20201 hour, 21 minutes, 46 seconds
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151: Location Arbitrage - Living and Investing Overseas

Sam and Johnny talk about some of Sam’s investments in real estate, and the benefits and challenges with investing in properties overseas as opposed to properties in the US. Listen to ILAB 151 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @i msammarks Sponsor: Indeed Support Invest Like a Boss: Join our Patreon Discussed: 6th Avenue Phuket Dusit Thani Sri Lanka Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 20:39 – Benefits of living and investing overseas?  32:11 – Sam’s Investments in real estate?   40:47  – Discussion on one of Sam’s Investments 6th Avenue Phuket 43:39 – Are their perks of owning these properties as long term living options for you? 49:24 – Johnny speaks about a possible investment for him 60:52 – Patreon Question: What are the pros and cons for Nomads using an Air BnB? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
8/29/20201 hour, 8 minutes, 7 seconds
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150: Worthy Bonds - Sally Outlaw

Sally founded Worthy Financial to bring higher yielding alternative investments to the public. Her personal and company mission is an economic opportunity for all. She used newly updated securities regulations as part of the JOBS Act, to create a way for everyone to painlessly save while earning 5% on their money – and to do it while helping community businesses thrive.  With a focus on the JOBS Act, she works to help investors and business owners navigate the new capital opportunities that arose with these new laws. Sally is a seasoned entrepreneur having run her own businesses for the last 30 years. Her media and business ventures took her across the globe – including ten years of conducting business in Russia. More recently, she has been a contributor to and speaker for Entrepreneur Magazine, various universities, and business incubators on the topic of alternative finance and has been a repeated source on the topic of crowdfinance for national media outlets. She also authored the book “Cash from the Crowd” on how to successfully crowdfund which was published by Entrepreneur Press. Sally holds both a real estate broker license as well as a Series 65 license as a Registered Investment Adviser.  Listen to ILAB 150 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor:  Masterworks Use our exclusive Masterworks code BOSS at signup to skip the 70,000 person wait list and get first dibs Support Invest Like a Boss: Join our Patreon Discussed: Worthy Bonds (get 1 free bond with this link) Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:53 – What makes your investment “worthy”?  11:49 – Can you describe some of the assets you offer?   13:09 – How long has worthy bonds been around? 16:13 – What makes it a bond and not another kind of investment? 18:07 – Can you explain the 36 month term, if you can cashout or redeem at any time? 20:08 – How often does interest pay out? 21:52 – Who can invest in worthy bonds? 27:05 – How did you settle on a return on investment percentage? 32:46 – What is the lowest investment to start with worth bonds? 33:52 – Can I reinvest the interest I’ve earned on worth bonds? 37:22 - Can somebody buy bonds through their IRA or retirement account? 39:42 -  What is the “Worthy Roundup Programme”? 36:24 - What is the “Golden Egg” Promotion? 44:39 - Sam and Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
8/21/20201 hour, 13 minutes, 38 seconds
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149: Die With Zero - Bill Perkins

Bill Perkins is the CEO of BrisaMax Holdings, a consulting services firm based in the US Virgin Islands. Called “The Last Cowboy” in a recent Wall Street Journal profile, after studying electrical engineering at the University of Iowa and training on Wall Street, Perkins moved to Houston to make a fortune as an energy trader.  In this episode, Bill will share the plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.” Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Colorado / IG @imsammarks Bill Perkins - Capri, Italy / IG @billperkins Sponsor: Support the Show: Join our Patreon Discussed: "Die With Zero" Official Site: Diewithzerobook.com Buy "Die With Zero on Amazon: Amazon.com/Die-Zero-Getting-Your-Money Facebook: Facebook.com/Die-With-Zero Twitter: Twitter.com/bp22 Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 01:24 - Sam & Johnny FD’s episode introduction 08:08 - How to get 50% OFF your travel expenses 18:26 - “It’s about maximizing your life, fulfillment, memories that you’re going to create for yourself and retire on” - Bill Perkins 19:01 - Should you pass down massive cash to your kids? 30:07 - Ways to balance your lifestyle with the money in and out 32:58 - Switch to a more spending and abundance mindset 33:28 - “Shift the fear of running out of money to not living life” - Bill Perkins 34:48 - Does the 4% rule still work? 40:11 - Sailing the world with Dan Bilzerian 48:41 - Investing based rapid-fire questions 58:00 - Sam & Johnny FD’s episode wrap up and key takeaways If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2020. All rights reserved. Read our disclaimer here.  
8/11/20201 hour, 21 minutes, 6 seconds
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148: Q2 Update 2020 - Patreon Exclusive

Sam and Johnny sit down to review our investments, talk about our new trades, buys, sells, holds, what we thought of the quarter and what we plan to do going forward into the next few months. This and all quarterly updates going forward will be Patreon only exclusives, and will be in video format so we can more easily share our screens and account dashboards. Watch the full 2 hour video update and breakdown by becoming a Patreon supporter and support the show!    Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support Invest Like a Boss: Join our Patreon Discussed: Too many to list. We review our entire portfolios.  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan WorthyBonds - Get 1 free bond when you sign up (non-accredited investors OK) *Johnny or Sam invest in all of the above services personally.   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2020. All rights reserved. Read our disclaimer here.
7/24/202023 minutes, 13 seconds
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147: Stripper Economics 101 - How Lucrative is Professional Dancing

MEET YOUR FAVORITE LUSCIOUS BABE COACH, LAUREN ALLEN A semi-retired stripper turned Super CEO, this bitch has seen it all. Sex, Psychedelics, Music Festivals, and an abusive relationship sent this queen on a journey of exploration and self-discovery at 18. Hella mistakes, alcoholism, and a ballsy jump into the strip club a year later catapulted her to become her very first mindset client. Her intuitive approach to the hustle, soulful sales strategy, humor, and trauma-informed mindset work makes her a sexy + well-rounded coach whether you're 9-5 or shakin' that ass. You can expect a Sailor Levels of cursing, lots of laughs, brilliant brainstorming, and a business bestie that will hype you up as you bust through your own bullshit. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support Invest Like a Boss: Join our Patreon Discussed: Luscious Lifestyle by Lauren Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:46 – Why do you think guys go to strip clubs? 11:34 – How did you get into the industry? 13:41 – What are the different ways to make money in the clubs? 14:55 – Does the house get a cut, or how does it work? 16:52 – “...there is no way of knowing who has what[money]..” - Lauren Allen 19:30 – What cities have you danced in? 21:18 – “This whole industry is not regulated at all” - Lauren Allen 23:15 – Have you ever tried webcamming? 25:16 – What’s the most, and what’s the least you ever made in one night? 29:48 – What are the other side business strippers have? 30:32 - Do you have savings or investments? 34:39 - Do you go through any training to become a dancer? 36:24 - What is the typical lifespan of a stripper? 40:31 - Flip Switch Question: What do you recommend a stripper do with her income? - Lauren Allen 42:43 - Is a breast enhancement a good investment? 44:27 - Have you ever been paid in anything other than money? 45:41 - Do you have a shift schedule? 47:01 - Do you have an idea of how much the strip club owners make? 50:25 - Sam and Johnny Recap 68:42 - Derek’s Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2020. All rights reserved. Read our disclaimer here.
7/15/20201 hour, 13 minutes, 54 seconds
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146: Does Art Out-Perform the S&P500? MasterWorks’ Scott Lynn

Scott Lynn is the Founder and CEO of Masterworks, the first company to allow investors to buy shares representing ownership of great masterpieces by artists like Warhol, Monet, and Banksy. Scott has been an active collector of contemporary art for more than fifteen years and has built an internationally-recognized collection of Abstract Expressionism that has included works by Clyfford Still, Barnett Newman, Mark Rothko, Willem de Kooning, and more. In addition to Masterworks, Scott serves on the board of v2 ventures (Adparlor, Giant Media, Reachmobi, Amply, and Sellozo), Payability, and the Brooklyn Rail (a non-profit publication in the art industry). In this episode, Scott is discussing art as an investment class and compares it to other regular investments and how the regular person can get involved. After listening, you will better understand Art as an asset class and information on the company Masterworks! Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support Invest Like a Boss: Join our Patreon Discussed: Masterworks Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:24 – Are you passionate about art as a collector or have you primarily looked at it as an investor? 10:59 – Do you see a flood of money going into art presently? 13:07 – “last year approximate 6.8 Billion in art sold” - Scott Lynn 15:10 – When you buy a “Blue Chip” piece, where are they held or displayed? 16:04 – What makes a piece of art “Blue Chip”? 17:13 – “You do see a correlation between an artist passing away and prices going up, but it's not because the artist passes away, its because the artist is no longer producing work” - Scott Lynn 20:10 – How does the whole buying and procurement process happen? 24:18 – What’s the average price of a piece on Masterworks? 26:53 – What’s the typical length of time that your money is invested in these paintings? 28:56 – Q&A from ILAB community 35:07 - Derek’s Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2020. All rights reserved. Read our disclaimer here.
6/20/202052 minutes, 35 seconds
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145: Coffee Shop Economics with Coffee Beanery’s Kevin & Laurie Shaw

Laurie Shaw is the COO of Coffee Beanery, the best provider of 100% Arabica Specialty coffee with 40+ Flavored Coffees offered in Decaf Swiss Water Process. In addition, she manages gift sets, fundraising, franchising, & wholesale. Kevin Shaw, the Director of Franchise Sales, joined the family business as a manager of the Ren Cen store in Detroit and soon after moved back to corporate to develop the roasting, flavoring and packaging processes that have evolved into what you see today. In this episode, Laurie and Kevin are taking us behind the scenes of their franchise to share what it’s like to run a coffee shop. Learn about the epic risks and big rewards of opening a coffee shop including the earning potential. After listening, you will understand the economics of owning a coffee shop and the vital steps in making it your next financial success! Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support the Show: Join our Patreon Discussed: Coffeebeanery.com Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 20:26 - Consumption patterns for coffee globally over the past few decades  25:02 - “People like going places that are more special and unique.” - Laurie Shaw 26:47 - The economics of owning a coffee shop  29:10 - Different products they sell and the revenue each product brings in  29:44 - How Coffee Beanery has responded to the rise of remote work and coffee shops becoming like coworking spaces  31:00 - The online order environment in the coffee business  33:22 - Where do their coffee beans come from?  37:01 - “People do business with people they like, and they will take an inferior product if they get an excellent experience.”- Laurie Shaw  40:50 - The cost and profit of a cup of coffee  41:35 - When and how Coffee Beanery moved towards the franchised model  44:43 - The requirements of becoming a franchise owner  55:00 - How Coffee Beanery creates customer loyalty  58:20 - The stats behind Coffee Beanery and other big coffee companies If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.  
6/10/20201 hour, 25 minutes, 8 seconds
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144: Own Your Future – Digital Assets, with Flippa CEO Blake Hutchison

Blake Hutchison is an accomplished entrepreneur and the CEO of Flippa, a marketplace for buying and selling online businesses, based in Melbourne, Australia, and San Francisco. Prior to Flippa, Blake was the general manager and chief revenue officer of Luxury Escapes and head of strategic partnerships at Xero. Blake was also the founder of GOOD44, a venture capital-backed specialty food marketplace helping small business owners target a new customer base. In this episode, Blake will share his experience with buying and selling domains including other digital assets. Find out how to successfully invest in this space and what you need to know before buying a new website. Listen to the end to learn about new online business opportunities. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Blake Hutchison - Melbourne /IG @blakenow Discussed: Flippa.com Sponsor: Support the Show: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 01:03 - Adjusting to the stay-at-home recommendations 10:30 - A background and introduction to Blakes Flippa organization 19:55 - Flippa's buying and selling process 29:50 - The process of buying any digital business 32:08 - “The reality is that digital assets is where people will look to spend their time.” - Blake Hutchison  40:08 - Thoughts on Amazon Affiliates lowering their commissions and how you can adjust for this 50:08 - Some of the top sites to buy right now 1:11:11 - “It’s less about how many views your listing had, it’s more about pinpoint matching.” - Blake Hutchison 1:12:47 - Getting sale notifications through Shopify stores 1:19:08 - Discussing massive new online business opportunities If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
5/22/20201 hour, 39 minutes, 52 seconds
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143: Luxury Real Estate, with Ryan Serhant

Ryan Serhant is an American real estate broker, bestselling author, producer, and star of Bravo’s two-time Emmy Nominated reality television series, Million Dollar Listing New York, and its spin-off, Sell It Like Serhant. Ryan is also the leading member of The Serhant Team—an NYC-based, bi-coastal real estate group that has consistently ranked as the #1 sales team in New York and among the top five teams nationwide. In this episode, Ryan Serhant will share an inside look into selling a billion-dollar per year of luxury real estate. Get insight into how high-end private deals are created including buyer and seller fee structures. In the end, you’ll hear about the ways Sam and Johnny FD are maintaining personal and professional success during this pandemic. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support the Show: Join our Patreon Sponsor: Boardwalk Wealth Discussed: ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations ILAB 125: Vetting Real Estate Deals Terms, with Omar Khan Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 02:23 - Quarantine update and personal insight 13:41 - Transitioning into the NYC real estate market 18:18 - Analyzing the buyer and seller fee structures 22:13 - Do you need an agent or broker to close deals 23:19 - “Hang out with people that have similar interests as you and are in your same wealth group” - Ryan Serhant 25:09 - Buying your first home after a large windfall 28:09 - Options for those with homes that won't sell 29:09 - “The average days on market for a property $20 million and above is 2 years” - Ryan Serhant 36:24 - Ryans future dreams and business goals 45:25 - Properly recovering & adjusting during the pandemic 51:52 - Final thoughts, key takeaways, and reading iTunes reviews If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
5/6/202055 minutes, 51 seconds
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142: Q1 Investment Updates – The 2020 Downturn

Sam Marks and Johnny FD are self-made entrepreneurs who invest their own money and use modern technology to invest like a boss. During this episode, Sam and Johnny FD provide their perspectives on managing investments at different wealth levels as the COVID-19 pandemic progresses. They’ll share an update on how their portfolios have been performing over the last quarter. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Sponsor: Support the Show: Join our Patreon Sponsor: Boardwalk Wealth Discussed: Book: Unshakeable Book Book: Simple Path to Wealth Interactive Brokers Johnny's Investing 101 Blog Post ILAB 125: Vetting Real Estate Deals Terms, with Omar Khan ILAB 112: FIRE – Financial Independence, Retire Early Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 05:37 - Investing in individual stocks vs investing in index funds 10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years."  - Sam Marks 10:23 - Understanding investment fees 15:05 - Creating an emergency saving fund before investing 21:45 - Books to read before investing 25:00 - How much money should you invest 27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks 30:22 - Index funds to choose for first-time investing 35:00 - Advice for investors outside of the USA 40:00 - Situation with stocks right now 43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD 47:58 - Stocks vs bonds 50:00 - Taxable and Non-Taxable accounts in the USA 55:46 - Websites where you can invest   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
4/21/20201 hour, 6 minutes, 53 seconds
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141: Online Businesses – The State of the Industry, with Empire Flipper’s Joe Magnotti

Joe Magnotti is the CEO of Empire Flippers, an Inc. 5000 company and the #1 curated marketplace for buying and selling established, profitable online businesses. Joe has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines.  In this episode, we will discuss the 2020 trends for buying and selling online businesses. Expect to hear predictions of where this industry is headed including ways to navigate businesses during the COVID-19 crises. Whether you are buying a business and want to grow it, or you want to sell your business for maximum value, you’ll discover insight to help achieve that goal. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Joe Magnotti – Manila, Philippines Sponsor: Support Invest Like a Boss: Join our Patreon Sponsor: Automation Finance Discussed: Empire Flippers State of Industry -  Trends Report ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny FD and Sam use all of the above services personally. Time Stamps: 02:09 - Discussing business and personal goals during the quarantine 10:23 - The silver lining to the COVID-19 pandemic 18:46 - The upside to a remote office structured company 21:38 - “For me, I love it, I’d never want to go back to an office if I can avoid it” - Joe Magnotti 25:44 - Economy insight & current digital trend in the Philippines 28:51 - What is an Inc 5000 company? 29:58 - What is Empire Flippers and how does it work? 37:19 - 2019-2020 Trends for buying and selling online businesses 40:46 - Amazon FBA business tools and techniques 42:21 - “If you have a physical product business and you’re not on Amazon, you’re doing yourself a disservice” - Joe Magnotti 44:43 - Selling distressed assets along the economic COVID-19 cycle 55:02 - How the international supply chain is affecting businesses 58:17 - The easiest online business to buy and manage 1:06:05 - Should you buy an Amazon-based business? 1:10:13 - Analyzing 2019 trends for buying & selling online businesses 1:17:46 - Appreciating our podcast listeners!   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.  
4/10/20201 hour, 22 minutes, 37 seconds
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140: John McAfee – COVID-19, and the Best Chapter of Life

John McAfee is a US computer programmer, businessman and fugitive millionaire, who is well known for his antivirus software company McAfee. John McAfee is wanted in the US for various crimes and he is in hiding. In this episode, Sam and Johnny FD, talk with John McAfee about his life in hiding, his view on coronavirus pandemic and his predictions about cryptocurrency future. Hear John McAfee tells stories from the early days of McAfee antivirus company and how he escaped jail in Guatemala. Listen to the episode till the end to learn what Sam & Johnny FD predict about the future of the economy after the coronavirus outbreak is over. Where we are: Johnny FD - Sri Lanka Sam Marks - Charlotte John McAfee - Undisclosed Location Discussed: Automation Finance Patreon Unshakeable Book Simple Path to Wealth Interactive Brokers Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free Time Stamps: 00:30 - INTRO: Quarantine update from Sri Lanka and North Carolina 13:45 - Conversation with John McAfee 17:30 - What is a success: a point of view from John McAfee 24:33 - Stories from McAfee company's early days 31:30 - The most exciting chapter of John McAfee's life 34:00 - John McAfee's opinion on coronavirus 36:00 - John McAfee's predictions on cryptocurrency 37:20 - OUTRO: Discussing John McAfee's interview, world economy future after COVID-19 and cryptocurrency potential If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.  
4/1/202050 minutes, 18 seconds
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139: How to Buy Stocks and Index Funds for Newbies: Investing 101

People across the world are shaken by the rapid spread of the coronavirus. Stocks are plunging and the economy crash feels inevitable. And as bad as news seems to every person this situation might have some new opportunities for everyone to finally start investing. In this episode, Sam and Johnny, who are long term investors, discuss the current situation with the market. They explain why this might be the best time to look into investing. They explain the basics of investing for beginners, give advice on what stocks to look into, how to avoid typical mistakes and what books to read about the topic. Learn why investing in index funds the safest way and how to balance your stock portfolio. Where we are: Johnny FD - Sri Lanka Sam Marks - North Carolina Discussed: Patreon Automation Finance Unshakeable Book Simple Path to Wealth Interactive Brokers Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free Vanguard - Open an Online Account Time Stamps: 05:37 - Investing in individual stocks vs investing in index funds 10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years."  - Sam Marks 10:23 - Understanding investment fees 15:05 - Creating an emergency saving fund before investing 21:45 - Books to read before investing 25:00 - How much money should you invest 27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks 30:22 - Index funds to choose for first-time investing 35:00 - Advice for investors outside of the USA 40:00 - Situation with stocks right now 43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD 47:58 - Stocks vs bonds 50:00 - Taxable and Non-Taxable accounts in the USA 55:46 - Websites where you can invest If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.  
3/24/20201 hour, 13 minutes, 30 seconds
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138: How Global Finance is Making Us All Poorer – Nicholas Shaxson

Nicholas Shaxson is a renowned financial journalist from Germany who authored the book, The Finance Curse: How global finance is making us all poorer. He is a journalist, campaigner, and world expert on both tax havens and financial centers, as well as the resource curse. His writing has appeared in Vanity Fair, the Financial Times, the Economist, the Economist Intelligence Unit, and many others. On this episode, Nick talks about his take on the issues in the economy based on his experiences. He shares his insights about the schemes in the business industry which poses a great danger to the economy and democracy. During the discussion, he delves into the paradox of financialization to a country and enlightens the listeners to the idea of monopoly and imbalance to the business. This episode reveals the problems that an investor may encounter in the business industry. Where we are: Johnny FD - Sri Lanka Sam Marks - North Carolina Links: Book - The Finance Curse by Nicholas Shaxson Sponsor: AutomationFinance.com/Boss Time Stamps: 07:44 - How Nick conceptualized ideas for his book 13:51 – What are the impacts of the financial curse to a country? 16:18 – Understanding the financialization of an economy 19:23 – How monopoly is related to the corporate imbalance 24:41 – The harms that tax haven bring to a country/state 28:09 – Downsides of investing to a private equity 30:17 – “Private equity is a profitable business but the problem is that they make very high internal returns” – Nicholas Shaxson 35:30 – Difference in banking system between the UK and USA 38:15 – How powerful people control the market and the economy of the country 40:25 – Most corrupt and rotten banks in the history 44:15 – “I’m a strong believer that tax havens have been a very negative problem for the world economy; and similarly, finance being too big is something that I would like to change” - Nicholas Shaxson 50:53 – The problem of a growing company If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
3/18/20201 hour, 10 minutes, 46 seconds
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137: Best Visas & Citizenships by Investment, with Andrew Henderson

Andrew Henderson is a lifelong entrepreneur and the world’s most sought-after expert on offshore strategies and global citizenship. He coordinates Nomad Capitalist’s global strategy, R&D, and media efforts as part of his mission to help millions of people go where they’re treated best. Andrew has spent the last twelve years personally studying and applying the principles of Nomad Capitalist. In this episode, you will learn how to go offshore, keep more of your wealth, and enjoy an unprecedented level of global freedom. Find out what you need to consider when renouncing your US citizenship including insight into the best passport to obtain as a digital nomad and international investor. After listening to this in-depth conversation, you’ll understand why you need to ultimately go where you’re treated best! Links: NomadCapitalist.com Where We Are: Johnny FD - Weligama, Sri Lanka Sam Marks - Bodrum, Turkey Andrew Henderson - Kuala Lumpur, Malaysia Discussed: Indeed (Get a $50 credit to sponsor your first job on Indeed) Patreon.com/investlikeaboss Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free Time Stamps: 02:10 - Traveling Turkey and other non-popular locations 08:45 - Does the USA treat you the best? 11:17 - What to consider when renouncing your US citizenship 18:15 - Obtaining additional citizenships by investments 18:53 - “I gave up my US citizenship in late 2017, I don't know that the United States is the best place.” - Andrew Henderson 21:47 - Best countries for visa-free travel 25:57 - Countries that provide citizenship through a straight forward investment 31:56 - The golden visa in popular countries 38:31 - The truth behind Diplomatic passports & immunity 42:57 - Will it be easier to move around internationally in the future? 44:34 - Nomad capitalist: An inside look 44:55 - “The first thing I think everyone should do is have a plan. Cover your finances, lifestyle residence and citizenship, and your investments.” - Andrew Henderson 47:15 - Benefits to the Thai Elite Visa from Thailand 48:03 - Should more countries offer better visa programs 50:54 - The best passport to have as a digital nomad 57:22 - Lessons learned from attempting to hold the ultimate travel documents 1:03:24 - Thank you Patrons and Apple Podcast reviewers! If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.
3/4/20201 hour, 6 minutes, 2 seconds
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136: KingMakers - the shift to investing in offline businesses

Kylon Gienger is the president of KingMakers, an investment fund and accelerator for small business buyers. He founded and operated multiple business investments in the construction, food service, fitness, real estate, online education, and digital marketing industries. On this episode, Kylon talks about investing in small businesses that would potentially grow to a million-dollar business, with the help of his company, the KingMakers. He explains some key points in strategically building industry by starting with leverage and having a partnership to successfully pay the loan and gain the profit. There are more ideas and lessons to learn here, so listen in! Where we are: Johnny FD - Sri Lanka Sam Marks - Barcelona Links: Website: KingMakers.co New Site: Acquira.com Patreon: Patreon.com/InvestLikeABoss Sponsor: DiversyFund.com – Use coupon code BOSS20 Time Stamps: 06:01 – The idea of building over buying a business 09:22 – The start of KingMakers 12:00 – Taking business commission by website’s affiliate links 19:41 – Buying businesses and growth plans 24:48 – How an investor creates profit in buying a business by a leverage 28:57 – “Turn the profit knob and start earning those dollars back eventually and exit for a lot more than you paid for” - Kylon Gienger 30:51 – Kylon explains the minority and majority share to a business 33:50 – “When working with a business partner, you want to make sure that you work well together” - Kylon Gienger 34:58 – Managing and analyzing the business for the best quality 40:57 – Reinvesting in dying businesses and earning profit from it 43:42 – How business partnership operates 49:50 - Eliminating failures in the business 52:29 – The best ways to manage the business If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
2/18/20201 hour, 15 seconds
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135: Innovation at AT&T, Investing in 5G and IoT with Chris Penrose

Chris Penrose is Senior Vice President of AT&T’s Advanced Solutions organization. He has responsibility for leading AT&T’s business development and specialized sales efforts for next-generation technologies, including 5G, Internet of Things, edge computing and networking solutions. During the episode, Chris reveals how AT&T conceptualize and plan out their innovations, especially on coming up with the best ideas for technological developments. He explains the advancements in the new 5G and IoT technology; and how they will be delivered to the consumers. He also shares what AT&T is looking forward to in the next years. Where we are: Johnny FD - Bangkok Sam Marks - Barcelona Links: Website - Business.ATT.com Newsroom -  ATT.com/News Twitter - AT&T News Sponsor: Indeed.com/ILAB Time Stamps: 04:55 – The foundation and purpose of AT&T 05:48 – How AT&T plan out their innovations 06:10 – “Innovation is one of the forefronts of what we try to do at AT&T” - Chris Penrose 09:54 – How AT&T come up with the best ideas 11:41 – IoT vs. 5G 17:15 – What are the exciting concepts that he sees in the future? 17:36 – “If it doesn’t serve a purpose, then don’t do it” - Chris Penrose 23:00 – What are the advances that 5G offers as compared to 4G? 24:50 – Two new products that AT&T introduced this year 26:26 – How will 5G be delivered in the market? 30:53 – The future of cell sites 34:24 – Providing priority connection to first responders 35:31 – The expansions in technology in the next 10 years 36:17 – “The speed of innovation is only going to continue to increase” - Chris Penrose 38:12 – Advantages of autonomous driving If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
2/7/202054 minutes, 27 seconds
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134: 2020 New Year’s Investment Updates, with Johnny FD & Sam Marks

As the year 2020 begins, Sam Marks and Johnny FD give a head start to those business-minded individuals with their investment advice. Sam and Johnny are self-made entrepreneurs who use their hard-earned cash to invest in the best investment platforms, grow their net wealth, and live their dream. In this episode, Sam and Johnny share their investment strategies, one of which is generating passive income. They reveal a ton of insights on how to handle your finances by sharing their own investment choices. They also provide advice to cope with the plummeting economy and provide effective ways to manage funds. So sit back and listen to this episode’s investment ideas for 2020. Links: InvestLikeABoss.com/Patreon DiversyFund.com Support ILAB on Patreon: Patreon.com/InvestLikeABoss Time Stamps: 04:10 - A look back from the past years 08:55 – Dividend vs. Distribution 14:00 – House Lending and Real Estate 16:15 – What are the best cash saving accounts? 18:35 – What’s it like to invest in Spain 23:15 – Investing with PeerStreet 27:25 – The beauty of passive income 35:27 – Effective property funds 44:06 – “Places that I plan to go back every year, I might leave money on bank accounts” – Johnny FD 45:51 – Sam and Johnny’s stocks and equity of the year 53:49 – What is Diversification? 55:40 – How to survive a potential recession? 58:45 – “Try to figure out to eliminate some of the heavy fix cost” – Sam Marks 1:04:19 – Having a passive investment with Airbnb If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
1/10/20201 hour, 19 minutes, 20 seconds
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133: 2019 Year in Review, Sam Marks & Johnny FD

As the year 2019 comes to an end, it is time for Sam Marks & Johnny FD to share their year in review. Both Sam and Johnny are digital nomads, investors, and travelers who love exploring the world while growing their net worth. During the episode, Sam and Johnny share their amazing travels for the year, including the Trans-Siberian Trip, which has been on Sam’s bucket list for quite some time. They share their experiences while on their adventures and their realizations throughout the year. They also reveal their top purchases for the year, the books they read, and their ultimate goals for 2020. Where we are: Sam Marks and Johnny FD – Chiang Mai, Thailand Links: Diversyfund.com – Use coupon code BOSS20 Get Your FREE audiobook ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free Books: Cocaine Nights - J G Ballard Quiet: The Power of Introverts in a World That Can't Stop Talking Trans-Siberian Trip: See Sam’s pics of trip on Instagram @imsammarks Costs > Visa - $400 > Train & Hotels (18 days) - $2,015 > Activities - $1,800 > Flights - $600 Total: $4,815 + $1,500 cash Grand Total: $6,315 Note from Sam: this was an extended 3-week trip starting in Helsinki. We traveled in first-class sleeper trains, stayed in the nicest available hotels, and at the finest restaurants. The trip could easily be done for ½, but the value is so good, I would recommend trying to do as much as you’re able to. If you go, I would recommend using the travel agency below who arranged everything for us and arranged a guide at each stop. Travel Agency: Company: NomadTrain Website: NomadTrain.co Email: hello@nomadtrain.co Note: contact Olga or Irina and mention “Invest Like a Boss” sent you and they will give you $50 off your trip Time Stamps: 14:34 – “I took the Trans-Siberian Railway. It’s been the top trip I wanted to do my entire life ever since I heard about it” – Sam Marks 19:52 – Crazy adventure in Russia 25:40 – What items in the Bucket List they crossed off this year 29:01 – Overcoming an internet disconnection dilemma 31:42 – Organizing the Nomad Summit 35:54 – Going back to a $250 apartment 37:29 – “Speaking of leveling up, a big part of it is learning and growing” – Johnny FD 37:32 – Books they read this year 41:51 – Learning Russian through audiobooks 45:41 – Johnny‘s travel log 46:32 – “My ultimate goal would be a maximum of 4 countries a year” – Johnny FD 48:10 – Travel plans for 2020 51:15 – Sam’s top purchases for the year 53:46 – Johnny’s product purchases for the year 1:00:44 – Rapid progressions in the world If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
12/16/20191 hour, 9 minutes, 2 seconds
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132: Buying a Business vs. Starting a New One, with 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.
11/12/20191 hour, 23 minutes, 49 seconds
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131: Equity Crowdfunding in 2020, with StartEngine CEO Howard Marks

Howard Marks is the CEO of StartEngine, an Equity Crowdfunding platform that allows ordinary people to invest and help entrepreneurs achieve their dreams. He is an experienced entrepreneur with a history of building successful businesses. Before launching StartEngine, he co-founded Activision (Call of Duty) and was the Chairman of Activision Studios from 1991 until 1997. As a former Board Member and Executive Vice-President of video-game giant Activision, he and a partner took control in 1991 and turned the ailing company into the $37 billion market cap video game industry. On this episode, Howard explains the impact of Equity Crowdfunding on the economy. He believes that this investment platform is the future of finance, especially for small businesses. He shares his journey in building StartEngine and the vision that led him to transition into crowdfunding - despite his success in his previous career. This is an insightful conversation that is perfect for both entrepreneurs and investors.   Where we are: Johnny FD – Mexico Sam Marks – North Carolina   Links: Startengine.com Masterworks.io - Join an exclusive community of blue-chip art investors   Time Stamps: 06:04 – Transitioning to Equity Crowdfunding 07:54 – Understanding why other entrepreneurs could not raise money 12:22 – How to unlock a larger pool of investors? 15:55 – “For the first time in 80 years, the ordinary person can invest.” - Howard Marks 17:16 – Why he started Crowdfunding? 18:28 – His first campaign 21:39 – “My biggest justification for what we’re doing was to help entrepreneurs achieve their dreams” - Howard Marks 22:10 – The next challenge: Helping investors trade shares 25:12 – The gift that keeps giving 29:10 – His vision for the years to come 30:28 – “The private small companies are the backbone of the economy” - Howard Marks 31:50 – “Equity crowdfunding is the future of finance for small businesses” - Howard Marks 32:54 – The average capital raise 34:56 – Successful campaigns via StartEngine 35:39 – What they are looking for in an entrepreneur 37:20 – Pieces of advice for early-stage entrepreneurs   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
10/28/201955 minutes, 17 seconds
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130: Family Offices – Lifestyle Strategies of the Super Rich with 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.
10/14/20191 hour, 8 minutes, 53 seconds
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129: Q4 Investment Updates & Portfolio Review - Sam & Johnny

Sam Marks and Johnny FD are self-made entrepreneurs who use their hard-earned cash to invest in the best investment platforms, grow their net wealth, and live their dream. During this episode, Sam and Johnny share their investment strategies which helped them maximize investment returns. They also share their travel experiences which include finding an amazing recording studio, living a new home, and flying on a private jet. This is an episode filled with asset-growing ideas that will help you with your next investment venture. Where we are: Sam & Johnny – Los Angeles Discussed: Diversyfund.com – Use coupon code BOSS20 ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans Investlikeaboss.com/summit [Promo Code: MLG50] Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free Time Stamps: 02:32 – How to invest in PeerStreet 03:23 – “Widespread diversification is the key to consistency” – Sam & Johnny 04:54 – What is PeerStreet? 09:02 – Lending Club investing 10:00 – Investment advantages of Fundrise 13:01 – “The financial dream is that you create enough passive income to live your lifestyle while growing your net wealth” – Sam & Johnny 18:19 – How municipal bonds multiply profit 20:42 – Where to invest for individual stocks 28:24 – Sam’s investments for this quarter 33:41 – Vanguard dividends and income returns 37:03 – Johnny’s Wealthfront account 41:15 – Managing your own finances 46:16 – Upside in investing in US dollars 49:05 – Johnny’s private jet experience 55:54 – What you need to know about LA 1:08:56 – Sam and Johnny’s travel plans If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
10/2/20191 hour, 11 minutes, 5 seconds
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128: 5G Has Arrived – How to Invest, And What To Expect with Matthew Cochrane

Matthew Cochrane writes articles for the Motley Fool, mostly on companies in fintech or payments, though my investing interests definitely extend outside those sectors. During this episode, Matthew will share how investors can profit off the 5G wireless revolution. Learn what 5G is, why it’s so important and what the risks are when investing in 5G. Listen for specific stocks that may beat the market over the next several years. Find out how you can meet the biggest bosses like Adam Nash, Meb Faber, and Brett Crosby at the Invest Like a Boss Summit. This event will help those wanting to learn how to invest their money, whether you are just starting out or already advanced and wanting to diversify. Links: How to Invest in 5G Stocks - The Motley Fool Matthew's Twitter Discussed: Diversyfund.com – Use coupon code BOSS20 ILAB 124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans ILAB 110 – How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas Investlikeaboss.com/summit [Promo Code: MLG50] Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free Time Stamps: 00:42 - The ups and downs of airline flights internationally 06:40 - Join us all in Los Angeles for the ILAB Summit! 10:30 - How fast will 5g actually be? 17:30 - Young children using technology 18:22 - Can phones support 5g? 19:31 - Are 5G devices harmful and dangerous to humans? 20:53 - When will consumers be able to fully use the 5G network? 23:21 - 5G in your home  24:15 - “85% of US households have access to either 1 or 0 internet service providers that could offer speeds of 100mbps.” - Matthew Cochrane 25:40 - Is it too late to start investing in the 5G stock market? 26:04 - “One of the greatest advantages individual investors can have is having a long term mindset.” - Matthew Cochrane 26:42 - Investing through individual stocks + most favorable stocks 34:55 - The technology in microchips 36:22 - 5G WiFi in-home network vs. cellular service  39:56 - Visualising the next generation of technology 44:55 - Should you invest in 5G? 48:25 - Verizon, AT&T, and China Mobile 50:21 - Meet the biggest billion-dollar bosses   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!    Copyright 2019. All rights reserved. Read our disclaimer here.  
9/13/20191 hour, 2 minutes, 3 seconds
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127: SaaS Businesses – Valuing, Investing, and Exiting with Dustin Struckman

Dustin Struckman is one of the founding Partners at Digital Acquisitions. Having sold several of his own businesses through his business partners previous brokerage, they decided to found Digital Acquisitions in 2016 in order to provide exit services to an underserved market segment. They are now one of the leading web-based business brokerages in the world. During this episode, Dustin will share how to value, exit, and invest successfully in a SaaS business. Learn about the typical deal structures and digital acquisitions including Sam and Johnny FD’s experience selling their business. Listen to the end to find out of investing in a SaaS business is right for you. Check out the new Invest Like a Boss Summit in California! Links: Digitalacquisitions.co Dustin’s Business valuation/seller consultation Download their buyer’s guidelines course Discussed: Diversyfund.com - Use coupon code BOSS20 ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites     Where we are: Johnny FD - Tbilisi, Georgia Sam Marks - South Carolina, USA Dustin Struckman - West Seattle Time Stamps: 03:34 - SaaS options that we personally use, today 05:30 - Backing and introduction into the SaaS business market 09:00 - How to value a SaaS business 16:08 - Building the value of tech into a SaaS business 16:58 - “The tech just comes along for the ride. That’s why SaaS businesses get a higher multiple.” - Dustin Struckman 20:20 - Comparing SaaS, eCommerce, blogs, and content site valuations 23:44 - “Things like SEO don’t necessarily increase or decrease the value of the business. What they do is increase or decrease the sellability of the business.” - Dustin Struckman 30:25 - Typical deal structure and digital acquisitions 37:24 - Selling Johnny FD’s first online business 40:02 - Selling Sam’s SkyCig company 47:29 - Leaving room for growth when selling your business 55:04 - Should you buy a SaaS business? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.
8/28/20191 hour, 1 minute, 54 seconds
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126: Happy Money, Improving Your Relationship With Money - Ken Honda

Ken Honda is the author of Happy Money: The Japanese Art of Making Peace with Your Money. He is a bestselling author of self-development books in Japan, where he has sold more than seven million books since 2001. While his financial expertise comes from owning and managing several businesses, his writings bridge the topics of finance and self-help, focusing on creating and generating personal wealth and happiness through deeper self-honesty.  During this episode, Ken will help you discover the tools you already possess to heal your own life and relationship with money. Learn how to treat money as a welcome guest, allowing it to come and go with respect and without resentment; understand and improve your money EQ; unpack the myth of scarcity; and embrace the process of giving money, not just receiving it. Links: Kenhonda.com  Facebook  Instagram  Happy Money: The Japanese Art of Making Peace with Your Money - Book   Time Stamps: 02:25 - Introducing the concept of happy money 04:51 - Can money actually buy happiness? 05:25 - “Money definitely can reduce your stress but money itself cannot buy happiness.” - Ken Honda 06:46 - Where does the unhappiness come from? 09:27 - Why it seems like all the bad people make the most money 11:16  - The perfect amount of yearly income to optimize happiness 15:47 - Educating your kids on money 16:40 - “Teach your kids how to be satisfied, whatever you have otherwise you’re into comparison with other people and feel miserable.” - Ken Honda 17:59 - The international relationship with money and changing your energy 20:01 - “The key to wealth is appreciation and gratitude.” - Ken Honda 23:46 - Best advice for young people and their relationship with money 27:41 - Paying and supporting your local community 34:20 - Sam & Johnny FD’s current relationship with money  
8/12/201941 minutes, 17 seconds
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125: Vetting Real Estate Deals Terms, with Omar Khan

Omar Khan’s global experience has been leveraged across commercial real estate and capital markets. He has advised on over $3.7 billion of capital financing and M&A transactions. Being a seasoned professional in capital markets (capital financing, M&A, sell-side equity research), strategic planning and operations has provided him with a unique perspective.  In this episode, Omar will discuss why every potential investor should read and understand the PPM. Find out ways to leverage property tax advantages that will bring down your tax bracket. Learn how real money is made in real estate private equity while investing in deals where there is an alignment of interest with the sponsors.   Links: Linkedin Boardwalkwealth.com Check out the new Invest Like a Boss Summit in Vegas! Where we are: Sam Marks - Tampa, Florida Johnny FD - Tbilisi, Georgia   Discussed: Private Placement Memorandum: The Sophisticated Investor’s Guide The Promote – How the Real Money Is Made In Real Estate Private Equity ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations ILAB 114 – Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free   Time Stamps: 01:14 - A brief wine history and traveling Georgia, the country 07:05 - What is PPM used for? 16:05 - What it takes to put together a PPM 19:12 - “Everybody thinks their a genius because in a bull market everybody confuses luck with brains.” - Omar Khan 24:32 - Private Placement Memorandum: The Sophisticated Investor’s Guide 29:52 - How becoming a real estate agent will cut your taxes in half 39:55 - A standard and fair depreciation clause 41:03 - “Have low fees and a high equity structure so you get compensated for performance.” - Omar Khan 49:15 - Class of limited partners and equity split best practices 57:43 - The depreciation method used - Cost segregation 1:04:40 - Foreign earned income exclusion & other taxes advantages 1:16:53 - The risk of not reading the PPM If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!    Copyright 2019. All rights reserved. Read our disclaimer here.  
7/30/20191 hour, 23 minutes, 11 seconds
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124: Q3 2019 Updates: Sam & Johnny FD Review Investments, Lifestyle, and Quarterly Plans

Sam Marks and Johnny FD are self-made entrepreneurs who invest their own money and use modern technology to invest like a boss. During this episode, Sam and Johnny FD give an inside look into their financially independent lifestyle and share how their current investments are performing. Listen for unique travel stories like when Sam ran with the bulls, Johnny broke his nose, and their experiences after exploring new countries. Listen to the end to hear about Johnny’s first investment in a new startup.   Links: Sam’s Running with the Bulls 2019 POV Check out the new Invest Like a Boss Summit in Vegas! Where we are: Sam Marks - Kieve, Ukraine Johnny FD - Temecula, California Discussed: ILAB 123 – Inside an Accelerator, with Startup Wise Guys’ Jone Vaituleviciute ILAB 68 – Municipal Bonds, How Insiders Scale Their Tax-Free Income ILAB 63 – Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster Recommended: ArtofFX– Start with just a $10,000 account (reduced from $25,000) Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment– Get up to 1 year managed free PeerStreet– Get a 1% yield bump on your first loan Wealthfront– get your first $15,000 managed free   Time Stamps: 02:10 - Earning money to live the life you want 05:58 - Summer traveling as a digital nomad 08:55 - “The best travel have a balance of a few ingredients: A bit of physical challenge, partying, if possible business/networking, and adventure.” - Sam Marks 12:34 - Most livable places to live in Europe 15:53 - Running with the bulls bloody mess stories 24:17 - Sparing with Ukrainian guys & breaking your nose 32:03 - More information on the Invest Like a Boss Summit 34:48 - Johnny FD’s current financial net wealth 42:17 - Sam Marks Investment update on municipal bonds, annuities, Mapletree, and PeerStreet 44:00 - “When you invest in something it takes a few months, sometimes, to kick in start making money.” - Johnny FD 48:23 - Startup investment tips and strategy 53:46 - Johnny FD’s investment update with index funds, 401K, Art of FX, Bitcoin and FaceBook stock 58:33 - New insight into the 5G network 1:00:35 - Johnny FD’s first startup investment 1:03:09 - Future travel and adventure plans   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.
7/18/20191 hour, 13 minutes, 18 seconds
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123: Inside an Accelerator, with Startup Wise Guys’ Jone Vaituleviciute

Jone Vaituleviciute is a partner at Startup Wise Guys, Europe's most experienced B2B startup accelerator and one of the most active early-stage investors in the Nordics. During this episode, Jone will reveal details on the 3 month-long on-site mentors driven program held in either Tallinn (Estonia), Riga (Latvia) or Vilnius (Lithuania). Learn how they help teams position themselves to raise the next funding round within 6 months. Find out how founders support themselves during early-stage accelerators and discover your chance of survival as a new startup. Listen to the end for practical use cases of bitcoin and cryptocurrency including insight into the future of blockchain.   Links: Startupwiseguys.com Linkedin   Check out the new Invest Like a Boss Summit in Vegas!   Where we are: Sam Marks, Johnny FD & Jone Vaituleviciute - Vilnius, Lithuania   Discussed: ILAB 75 – Impact Investing – Running the Vatican’s Accelerator with Steve Forte   Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free Time Stamps: 00:34 - The joy and beauty of traveling Vilnius, Lithuania 04:05 - Practical use cases of bitcoin, cryptocurrency, and blockchain 13:25 - What is an accelerator? 15:56 - Attracting quality talent to the local area 18:43 - The entire process explained for startups 20:15 - What is a term sheet and how do you use it? 23:10 - How founders support themselves during early-stage accelerators 25:06 - What is your chance of survival as a new startup? 26:01 - “80% of our companies, out of a portfolio of 150, continue working on and growing.” - Jone Vaituleviciute 26:20 - What happens if your company fails? 26:38 - “We haven’t had a bankruptcy in a classical sense amongst our team.” - Jone Vaituleviciute 27:12 - Utilizing the portfolio management program 28:23 - Demo Day expectations and walkthrough 31:46 - Embracing an international family-style network  35:00 - Greetings and farewell in other languages 42:01 - Contemplating the future of blockchain   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!    Copyright 2019. All rights reserved. Read our disclaimer here.  
7/1/201951 minutes, 18 seconds
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122: Lifestyle Investing, Passive Income, and The Financial Dream

Sam Marks are Johnny FD have been transparently sharing their investment journey on this podcast for over three years. They have personally and professionally benefited from learning the tools and techniques that drive their successful investing lifestyle, passive income, and ultimately financial dream. During this episode, Sam and Johnny FD will share how their investments generate a passive income that affords them to live an adventurous lifestyle while growing assets. Listen as they dissect their vastly diverse asset allocation so that you can replicate a portfolio that fits your style of investing. You’ll also find out if you need to be accredited or non accredited to make the best possible investments for your future.   Links: Check out the new Invest Like a Boss Summit in Vegas!   Where we are: Sam Marks - Lithuania Johnny FD - Eastern Ukraine   Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free   Discussed: ILAB 119 – Q1 2019 Review, Sam & Johnny’s New Investments, and Updates   Time Stamps: 01:19 - Traveling to Minsk, Estonia, and Eastern Europe 12:28 - Cost of living in the USA vs. Europe/Asia 22:12 - Affording the nomad lifestyle in a passive way 27:17 - “Being retired, financially free, financially independent: It’s not, never working again but it’s only doing things that you enjoy doing and that happens to pay you money, anyway.” - Johnny FD 34:38 - Analyzing the different FIRE tiers 37:41 - “If you’re just trying to figure it out quickly you can make a lot of mistakes and lose a lot of money.” - Sam Marks 38:43 - Asset allocation pie chart discussion 44:31 - Reinventing into your investments 54:27 - “If you’re bringing in and spending everything that comes in each month you’re paycheck to paycheck. That’s not cool. Growing your wealth is cool.” - Sam Marks 58:26 - Best investments for accredited and non-accredited investors If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
6/10/20191 hour, 3 minutes, 47 seconds
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121: Investing in Private Real Estate Funds, with MLG Capital’s Tim Wallen

Tim Wallen is a Principal, CEO, and sits on the investment committee for MLG Capital. The company offers real estate investment services to accredited institutional or individual investors. Tim joined MLG in 1989 as the Chief Financial Officer and remains committed and involved with daily, integral functions of the investment and development segments. During this episode, Tim will share how you can generate superior returns through the meticulous execution of real estate investment strategies. Learn how MLG aligns the funds & investors interest in fee structures including the tax advantages for the individual investor. Listen to the end for insight into making your first real estate investment.   Links: MLGcapital.com LinkedIn   Where we are: Sam Marks - Tampa, Florida Johnny FD - Kharkiv, Ukraine Discussed: Invest Like a Boss Summit in Vegas! ILAB 108 – Money2020 Conference Takeaways with Paytient Founder Brian Whorley ILAB 77 - Turnkey Real Estate Investing vs. REITs   Time Stamps: 01:01 - Traveling to Lithuania + meetup 07:21 - MLG Capital’s background and introduction 11:07 - “We’re both a private equity firm and a vertically integrated real estate operator with 30 years of history of operations” - Tim Wallen 16:31 - The process of acquiring new properties 16:54 - “Are your assumptions that you’re making believable and achievable? Can you deliver?” - Tim Wallen 21:13 - The advantages and disadvantages of being a public or private fund 28:13 - Aligning the funds & investors interest in fee structures 34:29 - Tax advantages for the individual investor 36:11 - “We’re not looking just to buy huge volume we’re looking to make money” - Tim Wallen 37:33 - Massive property investment outcome + available funds 42:43 - Investing as a non us citizen & minimum investment 48:36 - Sam’s experience with investing in MLG 50:22 - The problem with online funds 52:36 - Making your first real estate investment If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
5/20/20191 hour, 5 minutes, 34 seconds
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120: Real Estate Investing in Belize, with Will Mitchell

Will Mitchell is a Canadian real estate investor and the author of The Investor's Guide to Belize Real Estate. His years of real estate experience in both Canada and Belize has allowed him the ability to identify value in growth markets and recognize opportunities others miss
. During this episode, Will share why you may want to invest in the Belizean real estate market. Learn how to how to buy real estate in Belize and what property taxes are like. Find out why Belize is the fastest growing country in the Caribbean from a tourism perspective and how it creates a favorable environment for investors, nomads, and retirees.   Links: BelizeInvestmentGuide.com The Investors Guide to Belize Real Estate WillMitchellBelize.com   Where we are: Sam Marks - Tampa, Florida Johnny FD - Kharkiv Ukraine Will Mitchell - Toronto, Canada   Discussed: The Secret Coworker.com NomadSummit.com Time Stamps: 01:36 - Should you travel to Belize? 07:10 - Focusing on the islands for tourism and baby boomers 08:04 - “100% of my focus from an investment standpoint is on the islands” - Will Mitchell 15:21 - The nomad and traveler scene in Belize 18:24 - The country's strong legal system and currency 20:55 - Island hopping and beach life at its best 23:07 - A day in the life of a Belize paradise 24:40 - The John McAfee story and island crime rate 32:45 - How to invest in the property market 38:08 - Beachfront condo starter costs 42:36 - “When you live in Belize you become 100x more popular” - Will Mitchell 43:22 - The AirBnB, rental market, and potential ROI 45:30 - “A standard return on the island would be around 15%” - Will Mitchell 48:26 - Tax % and breakdown 49:42 - “The lay of the land on property taxes is extremely favorable for investors” - Will Mitchell 49:57 - Monthly investor field trip & coworking in Belize 52:45 - Riding JET Powered Surfboards 55:30 - Communicating with others in different languages 01:03:23 - Invest Like a Boss Conference 01:07:53 - Should you invest in Belize?   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
5/7/20191 hour, 13 minutes, 20 seconds
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119: Q1 2019 Review, Sam & Johnny’s New Investments and Update

Sam Marks and Johnny FD will discuss any updates to their finances, investments, and personal portfolios. During this episode, Sam and Johnny will share insight into last quarters earnings and losses in investments like Wealthfront, online and property realty funds, Annuity policies, and startups. Learn to manage your portfolio, balance your travel expenses, and business property investment failures. Listen to the end to hear their future travel adventures and possibly meet up with them along the way!   Links: The 8 Best Investing Podcasts of 2019 Discussed: ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations ILAB 108 – Money2020 Conference Takeaways with Paytient Founder Brian Whorley ILAB 112 – FIRE – Financial Independence, Retire Early ILAB 114 – Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin ILAB 116 – Bob Sapp – MMA, Entertainment, and Financial Planning for Athletes ILAB 117 – The Big Short? Danny Moses Now Calls The Big Long – Cannabis ILAB 118 – Estate Planning 101 with Matthew Wiley   Where we are: Sam Marks - Boca Grand, Florida Johnny FD - Lisbon, Portugal   Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free   Book: Rich Dad Poor Dad - Robert T. Kiyosaki Time Stamps: 01:56 - Traveling and moving plans 04:52 - Analyzing Johnny FD’s new net worth 05:55 - “My net worth has crossed the $700,000 mark” - Johnny FD 09:54 - Living expenses in the US vs international 18:49 - New Wealthfront, HP serving, Realty Mogul, and Marcus Bank investments 22:43 - Annuity policies, Paytient, and Explorest investment update 31:01 - Managing your realty funds and online investments 33:34 - “You can easily get into another 30 investments and annual filings become burdensome” - Sam Marks 35:39 - Angel investment deep dive and explanation 40:01 - Available cash on hand 44:43 - Phuket property business investment fails 49:08 - European travel adventure plans and running with the bulls If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
4/18/201956 minutes, 18 seconds
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118: Estate Planning 101 with Matthew Wiley

Matthew Wiley is a managing partner at Wiley Etter, LLC, who are passionate about helping you plan for the future. Matthew believes in two fundamental principles, estate, and financial planning should be simple and focused on the client’s needs. He works with a team of advisors, accountants, and other professionals to ensure that his clients’ needs come first… Always. During this episode, you’ll be given the tools and techniques to create a financial and legal plan for your future regardless of your wealth level. Find out some of the most important documents you’ll need when preparing your estate plan. Learn the proper process so that you can successfully transfer wealth to your heirs. Listen to the end as Johnny FD and Sam Marks reveal exactly what their wills include.   Links: WileyLegal.com   Where we are: Sam Marks - Tampa, Florida Johnny FD - Sri Lanka   Time Stamps: 01:20 - Skiing in Tahoe and sunny Florida 05:52 - What is estate planning? 06:54 - “I like to think of myself as the most trusted confidant helping you reach your business, financial, and personal goals without alienating any of your family members” - Matthew Wiley 07:17 - Should you take state planning seriously? 09:19 - What documents do you need to prepare your plan? 17:13 - Financial inheritance to your heirs - The process 19:24 - “Elvis Presley’s will is available and Whitney Houston. Everyone can see their affairs” - Matthew Wiley 25:00 - Should you set up an asset protection trust? 32:36 - Learning the do’s and don’ts of AP 37:47 - Transferring wealth to your heirs 38:52 - “If you have even close to $10 million dollars you can’t possibly turn that into intergenerational wealth without a lawyer” - Matthew Wiley 42:50 - What happens when somebody actually dies? What's the process? 45:36 - Terrible experiences that tear families apart 55:50 - Johnny FD crates his own will online 1:02:32 - Sam Marks will explain in detail 1:07:33 - The truth about the funeral industry If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
3/8/20191 hour, 18 minutes, 29 seconds
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117: The Big Short? Danny Moses Now Calls The Big Long – Cannabis

A Wall Street insider since 1991, Danny Moses has seen his fair share of Bull and Bear Markets and has been able to observe the markets from a number of perspectives: Municipal Bond analyst, Institutional Sell-Side Broker, Trader, and Hedge Fund Manager. The book, and later the movie, "The Big Short" chronicled a few people who saw the housing bubble forming in 2004 and figured out how to successfully navigate through the volatility in the financial markets. Danny was part of this small group who were forward-thinking and brave enough to have bet against the market and to have participated in one of the greatest trades in Wall Street history. During this episode, Danny will talk about investing in the emerging industry of cannabis which he now calls ‘The Big Long’. Learn how and why you should invest including what companies and categories to choose. You’ll also hear entertaining insight into “The Big Short” movie and how it compares to what actually happened in real life.   Links: Bailstreet.com Meridacap.com Where we are: Johnny FD - Malaysia, Kuala Lumpur Sam Marks - South Carolina Discussed: ILAB 79 – Cannabis – Profiting from the “Green Rush” with Michael Berger Twitter.com/tomangell Time Stamps: 04:55 - Danny’s aggressive attitude in real life vs the movie 09:16 - Closing funds and not honoring redemption requests 13:15 - Exiting the market at the right time and a fraudulent system 19:14 - After the stock market crash & an introduction into cannabis 25:35 - “Make a small investment in something. I don’t care what it is” - @dmoses34 30:18 - Companies and categories to invest in within cannabis 34:54 - How to start your investment for a long term hold 40:57 - “The biggest category to me is wellness” - @dmoses34 41:13 - “In the markets in the US where cannabis was legal alcohol sales were dropping tremendously” - @dmoses34 46:25 - Reminiscing of the time right before the crash 50:17 - The health benefits of CBD vs THC 54:58 - Should you invest in cannabis? If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
2/22/20191 hour, 3 minutes, 29 seconds
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116: Bob Sapp - MMA, Entertainment, and Financial Planning for Athletes

Bob “The Beast” Sapp is an international MMA megastar, professional wrestler, actor, and former NFL player, WWE professional wrestler, and world champion kickboxer. He mostly fought in Japan where he has appeared in numerous commercials, television programs, and various other media. He remains the most- merchandised, most-adored, and most-watched fighter in the history of the sport with 54 million Japanese who watched him bully Akebono in 2003. During this episode, Bob will share how his transition from a fighter to an entertainer has given him long term success. Expect to learn about his personal portfolio including his plans for retirement and future investments. Find out how Bob will add a key element to the MMA industry in Thailand.   Links: The Official Bob Sapp   Where we are: Sam Marks - Tampa, Florida Johnny FD - Chiang Mai, Thailand Bob Sapp - Washington State, USA   Books: Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too Retire Inspired: It's Not an Age, It's a Financial Number The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Hardcover   Time Stamps: 03:04 - Watching Bob Sapp as a kid 08:44 - Bob's background and introduction 11:59 - Transitioning from a fighter to an entertainer 17:43 - Traveling to nearly 200 countries & location arbitrage 23:07 - Investing philosophy to practice as athletes & entertainers 23:53 - “Do your best to no longer be using loans or credit cards” - @BobSappMMA 25:14 - Buying a house with cash in any country 28:03 - Planning for retirement and future 36:12 - The difference between a real fighter and entertainer 38:01 - “They can pay to see you get knocked out or they can pay to see you win” - @BobSappMMA 42:57 - Finding your niche and Promoting your brand 51:06 - Fight recap and match highlights 54:38 - Johnny’s key takeaway from this episode If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
2/11/201958 minutes, 25 seconds
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115: 2019 Financial Resolutions, Life Plans and Updates

Sam Marks and Johnny FD are here to talk about their 2019 financial resolutions, life plans, and investment updates. Although this may have been their worst performing quarter since they started the podcast there were many other gains. During this episode, you’ll hear an update on Sam and Johnny’s investment accounts such including Vanguard, Wealthfront, PeerStreet, Fundrise, and Forex. Learn a few simple but effective tips for new investors and how Sam and Johnny plan to grow their own bank accounts. Find out how much money is enough to live the life you want! Check out the new Invest Like a Boss Summit in Vegas!   Links: Digital Nomad Conference: NomadSummit.com Invest Like a Boss Summit: Live Event Where we are: Sam Marks & Johnny FD: Chiang Mai, Thailand Discussed: ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free Book: Mastering the Market Cycle: Getting the Odds on Your Side Hardcover - Howard Marks Time Stamps: 03:47 - The life of Chiang Mai, Thailand 08:40 - Setting new year resolutions and travel plans 14:08 - “I have this superficial goal of getting to 100 countries” - Sam Marks 17:07 - The Spanish Non-Lucrative Residence Visa 23:12 - Quarterly update on our investments 23:15 - “This has been the worst performing quarters since we started the podcast” - Johnny FD 27:46 - Vanguard vs Wealthfront 31:06 - Basic startup tips for new investors 33:07 - Cash, PeerStreet, Fundrise, Forex wins in the downmarket 39:20 - New investment update from last quarter 47:33 - Invest Like a Boss live conference and meetups 54:59 - Johnny's plan to reach a millionaire dollar net worth 56:51 - Sam explains the up and downs of startups 01:10:30 - How much money is enough to live the life you want If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
1/27/20191 hour, 17 minutes, 9 seconds
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114: Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin

Eddie Lorin is the founder of Founder of Alliant Strategic Preservation Funds, an integrated owner/operator of affordable and workforce housing across the U.S. They sponsor a variety of residential real estate equity funds focused on economically distressed communities. If you're planning to realize a sizeable capital gain in the near future, the time is right to learn about opportunity funds so you can make an informed investment decision. During this episode, Eddie will share how your investment in Opportunity Zones have the potential to pull millions of Americans out of poverty and generate both financial and social returns for investors. Find out what exactly O Zones are and ways to put yourself in a position to understand this business in order to successfully invest yourself. Listen towards the end to hear Sam Marks and Johnny FD discuss a potential downside to O Zones.   Links: Alliantstrategic.com The Fundrise Opportunity Fund   Recommended: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan   Where we are: Sam Marks - Gold Coast Australia Johnny FD - Chiang Mai, Thailand Eddie Lorin - California   Discussed: Join The Boss Longue   Time Stamps: 06:47 - An introduction: Three components to O Zones 07:42 - “Three states in the country actually got 80% got all the venture capital in the last 50 years” - Eddie Lorin 11:00 - What happens on the rental income after acquiring a low-income unit? 15:06 - The 100% basis rule and housing crisis explained 24:56 - “We should revitalize every single census tract” - Eddie Lorin 30:58 - How to invest into an opportunity zone funds 33:29 - “The ultimate impact investment is low-income housing” - Eddie Lorin 34:01 - Ways to be smarter than the average person 36:01 - Learning to manage your own property and lend money 41:38 - Viewing the interactive opportunity zone layout map 44:57 - Is the only downside to O Zones gentrification? 49:00 - The Fundrise Opportunity Fund breakdown   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.  
1/17/201953 minutes, 42 seconds
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113: Mortgage Servicing, How it Works, and AHP’s New $50m Fund - DeAnn Donovan

DeAnn Donovan is the President & CEO of AHP Servicing which uses crowdsourced funds to purchase past due loans at a discount. As an investor, benefits include earning a competitive return of up to 10%, monthly dividends, and best efforts liquidity. Additionally, funds are open to both accredited and non-accredited investors. When you invest with AHP Servicing, you are rebuilding communities, keeping borrowers in their homes, and inspiring hope for those who need it the most. During this episode, DeAnn shares talk about what mortgage servicing is, how it works, and how you can make a passive income while getting monthly payouts. Learn how AHP is protecting investors, borrowers, and proprietary information. Find out if this investment puts you in a strong possession regardless of an up or down market.   Links: AHPservicing.com   Where we are: Sam Marks & Johnny FD - Chaing Mai, Thailand DeAnn Donovan - Chicago, Illinois   Discussed: ILAB 112 – FIRE – Financial Independence, Retire Early Subscribe and Join the Boss Lounge Nomad Summit 2019   Time Stamps: 04:04 - Fund highlights 04:26 - “Somebody can get started and make an investment with as little as $100” - DeAnn Donovan 05:10 - The history before AHP and track record payouts 06:54 - Passive income and monthly payouts 08:10 - Core functions of mortgage servicing 09:58 - Selling discounted and nonperforming notes 13:22 - Acquiring and vetting notes 15:01 - Balancing execution and socially responsible 16:00 - Are we looking at a recession in the new few years? 18:10 - How relationships shift the business towards success 19:37 - Liquidity and protecting investors and borrowers 22:55 - Reinvesting and online investor portal 25:24 - Sam and Johnny’s investments with AHP 31:03 - First ILAB Meetup with guest speakers and listeners!!!   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2018. All rights reserved. Read our disclaimer here.  
12/14/201835 minutes, 35 seconds
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112: FIRE – Financial Independence, Retire Early

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 & 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.  
12/5/20181 hour, 25 minutes, 17 seconds
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111: O’Shares ETFs Quality Weighted Approach with CEO Connor O’Brien

Connor O’Brien is the CEO and President of O’Shares, a rules-based ETF designed to provide investors with the means to invest in some of the largest global companies that derive most of their revenue from the Internet and e-commerce sectors that exhibit quality and growth potential. Mr. O’Brien has extensive global investment experience encompassing over 25 years of involvement in the Canadian, U.S. and international markets. During this episode, Mr. O’Brein will share a series of ETFs designed to be core long-term investment holdings. He will talk about the rule-based approach that provides attractive performance and limited volatility with an emphasis on income. Expect to truly learn how to ‘Invest Like a Boss’ with this simple and straightforward strategy.   Links: O'Shares FTSE Asia Pacific Qual Div ETF - OASI O'Shares FTSE US Quality Dividend ETF - OUSA O'Shares Global Internet Giants ETF - OGIG O'Shares FTSE Russell Intl Qual Div - ONTL Oshares.com Boss Lounge   Where we are: Sam Marks and Johnny FD - Chiang Mai, Thailand Connor O’Brien - Boston, Massachusetts Discussed: ILAB 110 – How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas ILAB 109 – Why Modern Portfolio Theory Fails Investors with Daniel Peris   Time Stamps: 04:17 - Initial thoughts on this ETF? 10:11 - Connor and Kevin O’learlys relationship 11:31 - O’Shares philosophy and choosing ETFs 15:10 - “You want to own the stocks of companies that have profitable businesses and pay a dividend” - Connor O’Brien 16:28 - Chasing high yields and high-quality stocks 22:09 - Why your REIT funds are down this year 24:10 - What influences the weight of stocks and do they ever change? 26:08 - Top holding for large and small cap ETFs 31:13 - What happens when you actually invest in a funds 36:17 - When will companies pay out dividends? 38:33 - How to invest like a boss and buy O’Shares 47:06 - Dividends checks and high-risk investments 51:47 - Investing in domestic vs. international funds   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2018. All rights reserved. Read our disclaimer here.  
11/27/20181 hour, 17 seconds
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110: How Anyone Can Beat the Market with Mad Hedge Fund Trader John Thomas

John Thomas is one of the founding fathers of the modern hedge fund industry. He broadens the public understanding of the techniques and strategies employed by the most successful hedge funds so that they may more profitably manage their own money. In his free time, John climbs mountains, does long distance backpacking, practices karate, performs aerobatics in antique aircraft, collects vintage wines, reads the Japanese classics, and engages in a wide variety of public service and philanthropic activities. During this episode, John will share some of the investing principals that he’s used to yielding him up to 35% returns. Learn about the trade alerts, his favorite platforms to use, and how traveling the world has only improved his success. Expect to hear about his thoughts on passive verse active investing. After hearing this you might want to adjust your strategy.   Links: Madhedgefundtrader.com Webinar Replay: Time to Buy the Bottom in US Stocks   Discussed: ILAB 94 – Why We Invest, Financial Freedom, and Selecting Base Locations ILAB 03 – Foreign Exchange Trading with Brian from Art of FX Where We Are: Johnny FD - Chiang Mai, Thailand Sam Marks - Ko Samui, Thailand John Thomas - San Francisco, California   Time Stamps 00:39 - Monsoon season in southern Thailand 07:08 - First investment Johns ever made in his life 08:34 - Common errors and mistakes 10:49 - Making 30-40x your investment 11:47 - “Every year we get one guy... who brings in 1000% return” - @MadHedgFndTradr 12:36 - Following the trade alerts with little experience 18:28 - Favorite trading platforms 19:04 - Tricks, tips, and market trends 21:48 - Passive vs active investing 22:35 - “People are about to have a harsh awakening on the passive investing front” - @MadHedgFndTradr 22:50 - General investing principals to live by 23:48 - Traveling the world for success 33:16 - Compounding 35% interest over 8 years 36:15 - Passive vs active investing   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2018. All rights reserved. Read our disclaimer here.  
11/16/201843 minutes, 1 second
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109: Why Modern Portfolio Theory Fails Investors with Daniel Peris

DANIEL PERIS, Ph.D., CFA, is Senior Vice President and Senior Portfolio Manager at Federated Investors, Inc., in Pittsburgh where he oversees $20 billion dollars in equity portfolios the firm's dividend-oriented funds. Before transitioning into asset management, Peris was a historian focuses on modern Russian history. He is the author of two prior books in investing, The Strategic Dividend Investor, and The Dividend Imperative, and the new book Back to Business. During this episode, Daniel will talk about how you can bring some common sense back to your investing. He’ll speak on some old strategies that just don’t work anymore including why Modern Portfolio theory may not be the answer. Expect to learn how to achieve higher yields including tips to managing your Index funds, Mutual funds, and SMAs. Find out if you really need a financial advisor to get the most out of your investing and how to choose one properly. Listen to the end for insight into Sam Marks and Johnny FDs percent earnings and thought on incorporating this concept into their portfolio.   Where are we: Johnny FD & Sam Marks: Chiang Mai, Thailand Daniel Peris - Pittsburg, Pennslyvania   Links: Strategicdividendinvestor.com Federatedinvestors.com ILAB 25 – Paul Merriman: 12 Investment Decisions Guaranteed to Change Your Financial Future ILAB 94 – Why We Invest, Financial Freedom, and Selecting Base Locations   Book: Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio   Time Stamps: 06:06 - Managing $20 billion in equity portfolios 07:45 - Being interested in modern portfolio theory 11:01 - Modern Portfolio Theory vs Efficient Market Theory 16:41 - “You don’t have to believe in mean-variance optimization, Modern Portfolio Theory, to want to be a passive investor” - Daniel Peris 19:45 - Is the Modern Portfolio Theory failing investors? 20:33 - “This idea of mean-variance optimization simply doesn’t make sense in modern investing anymore”  - Daniel Peris 25:26 - Achieving higher yield 33:08 - Managing your Index funds, Mutual funds, and SMAs 36:55 - Dividend investing and tax bracket benefits 38:44 - Do you need a financial advisor to get high yields? 48:55 - “At the end of the day what really matters… is trust” - Daniel Peris 53:29 - Mutual funds to highlight 56:50 - The superior open approach 50 years from now 01:00:52 - Cashing out your dividends & calculating earnings Keywords: If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2018. All rights reserved. Read our disclaimer here.  
11/11/20181 hour, 12 minutes, 27 seconds
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108: Money2020 Conference Takeaways with Paytient Founder Brian Whorley

Explore the future of money with Sam Marks and Brian Whorley, found of Paytient, an innovative startup that is improving access to affordable healthcare. The Money2020 Conference is where leaders, innovators, and disruptors unite to drive change and revolutionize the future of money. It’s a 4-day experience that facilitates the right conversations and insightful learnings, leaving you inspired and equipped to reach your goals. Although tickets could have been up to $5,000 you’ll gain insights from Sam and Brians perspective on the ways our market is revolutionizing the future of money. Expect to hear key takeaways of their experience from JP Morgan’s after part to conversations with super high-level thought leaders. Listen to the end for ways to cover unplanned out-of-pocket healthcare expenses.   Where we are: Johnny FD: Bali, Indonesia Sam Marks: San Diego, California   Discussed: Marqeta.com Money2020.com Paytient.co ILAB 102 – Understanding Credit Score and Comparing the Best Credit Cards   Recommended: Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) ArtofFX – Start with just a $25,000 account RealtyShares – Try it free Wealthfront – Get your first $15,000 managed free Betterment – Get up to 1 year managed free PeerStreet – Get a 1% yield bump on your first loan Traveling Mailbox – Get 5% off subscriptions with ‘ILAB’ promo code   Time Stamps: 00:38 - Recharging your battery and resetting your life 08:40 - The worst conference Sam has ever been to 11:39 - JP Morgan’s after party + MORE 17:23 - Las Vegas people, landscape, and experience 20:23 - How to get the most out of a conference 22:00 - Bitcoin Miami & Money 20/20 takeaways 23:54 - “People consuming financial services in a healthy way are better customers” - Brian Whorley 26:04 - Understanding Fin Tech and bank announcements 32:21 - Virtual card use cases 38:50 - The payment race across the USA 45:17 - Terrible Miami Dade weed gummy experience 47:21 - Alarming statistics about US healthcare ‘system’ 55:45 - Paytient’s 30-second elevator pitch 01:06:41 - Tony Robbins Date with Destiny Conference 01:08:46 - Las Vegas conference and environment experience 01:13:22 - iTunes review   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2018. All rights reserved. Read our disclaimer here.    
10/31/20181 hour, 14 minutes, 53 seconds
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107: 2018 Q3 Updates – The Downturn

Sam Marks & Johnny FD are back for another quarterly update on their finances, investments, and personal portfolio. During the episode, co-hosts Sam & Johnny talk about the downturn of this quarter in the stock market and the implications it brings. They gave comments on each investment they ventured in that has been significantly affected by this fall. Also, they share their new investments for this quarter and their plans for the upcoming one.   Where we are: Sam - South Carolina Johnny - Chiang Mai   Recommended: Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK) ArtofFX – start with just a $25,000 account RealtyShares – try it free Wealthfront – get your first $15,000 managed free Betterment – get up to 1 year managed free PeerStreet – get a 1% yield bump on your first loan Traveling Mailbox – get 5% off subscriptions with ‘ILAB’ promo code   Time Stamps: 07:06 – The downturn of cryptocurrency 08:00 – Oil, Gold, or Bitcoin? 13:19 – Their investments in crypto 14:24 – Significant downfall in the stock market 16:05 – Review on ArtofFX 18:05 – Upsides of PeerStreet 22:59 – Why invest in Fundrise? 26:21 – New Investments this Quarter 32:16 – Life’s Goals 43:59 – Sam’s new Dropshipping Store 47:40 – Recap for the Quarter 56:29 – Plans for the upcoming Quarter   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
10/22/20181 hour, 6 minutes, 39 seconds
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106: How to Build and Profit from a Self-Storage Facility with Kevin She

Kevin She is the owner of SC Storage, Hong Kong's leading low-cost self-storage provider with over 60 convenient locations in Hong Kong and Macau, and more than 18,000 self-storage units. He started his self-storage business 18 years ago and has consistently grown in locations and customers. When it comes to self-storage, he is the king! On this episode, Kevin reveals the step-by-step process of setting up a self-storage facility - from choosing the location to promoting the business. He explains the fundamentals of self-storage and why it is a perfect real estate investment scheme. This discussion teaches entrepreneurs some tips and strategies on how to build a million dollar business, self-storage or not.   Where we are: Johnny - Chiang Mai Sam & Kevin - Iceland   Links: Scstorage.com Sam's IG - Instagram.com/imsammarks Pro pics in Iceland, Contact Michelle Pederson @ Michellepedersonphoto.com   Recommended: ArtofFX – start with just a $10,000 account (reduced from $25,000) Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK) RealtyShares – try it free Wealthfront – get your first $15,000 managed free Betterment – get up to 1 year managed free PeerStreet – get a 1% yield bump on your first loan Traveling Mailbox - get 5% off subscriptions with 'ILAB' promo code   Time Stamps: 13:24 – Kevin She’s Background 13:54 – The Process of Setting up Self-storage 17:01 – The Building Formula 21:06 – The Renovation Process 23:20 – Real Estate Hack 25:20 – System Input & Customer Access 31:52 – Marketing Strategies to fill-up these Storages 36:53 – Cap Rates for Self-storage 38:34 – Self-storage business competitions 40:04 – Billing defaults & late fees 44:57 – Possible disruptions on self-storage businesses 47:01 – When storage owners become unreachable 51:56 – Countries with good self-storage business potential 59:33 – Recession & Regulation risks   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.  
10/12/20181 hour, 11 minutes, 6 seconds
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105: Cap Rates – Understanding Real Estate Yields and Valuations

Omar Khan is a real estate investor with over 10 years of global investment experience. He is one of the people behind Boardwalk Wealth, a private equity firm in Dallas, Texas which connects International investors with US-based multifamily real estate opportunities. He is responsible for capital raising, strategic planning, and investor relations. His vast knowledge in the real estate makes him the perfect person to discuss the fundamentals of cap rates. On this episode, Omar provides a better understanding of what cap rates are for people who are not very familiar with the terminologies in the real estate industry. He explains how cap rates work and what external factors affect its value. He gives away tips and strategies on how to assess real estate yields in order to optimize investment returns. This episode helps you understand the value of the properties or assets you buy or sell.   Where we are: Omar – Dallas, Texas Sam – Athens, Greece Johnny – Chiang Mai, Thailand   Links: Boardwalkwealth.com Travelingmailbox.com (Promo Code: ILAB)   Time Stamps: 12:20 – What is a Cap Rate? 13:55 – Understanding Leverage 15:52 – Variables that affect the Cap Rates 16:32 – How to stabilize properties? 21:20 – Cap rates for different classes 27:45 – Balancing needs with income & capital appreciation 29:49 – Highest Cap Rates 36:10 – Cap rates in buying and selling assets 39:34 – How to find buyers easily? 41:58 – Risk Management during a recession 44:52 – Billion dollar properties 48:04 – Equity Multiple and Internal Rate of Return 51:40 – Their strategies on a possible recession 56:40 – Investment opportunities for individuals   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.      
10/3/20181 hour, 21 minutes, 58 seconds
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104: AirBnB Rental Business, Listener Investing Questions Answered

Frank Valencia, Sr. Managing Partner, and Victor Sanchez, Operations Manager, are part of Bongo PM Team. Their company, Bongo PM, focuses on AirBnB Property Management for vacation and short-term rentals. Their mission is to find the best real estate services for people looking for a home to rent or a vacation property to stay. This is a special episode where the guests answer the listeners’ questions from The Boss Lounge about short-term rentals. If you are a property owner or a traveler looking for a place to rent, this is a perfect episode to start your real estate journey. Frank and Victor explain what services their company provides and the fundamentals of short-term rentals. They will answer several questions that you yourself might be asking, including the best cities for property rentals, profitability, taxes, and income potential.   Where we are: Johnny - Chiang Mai Sam - Denmark   Links: BongoPM.com   Discussed: ILAB 89 – AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia ILAB 96 – 6 Keys to Protecting Your Properties From Lawsuits With Scott Smith   Time Stamps: 10:09 – The services that Bongo PM provides 13:30 – What people look for in the properties they rent 14:36 – Important factors to keep short-term rentals up and running 16:06 – Determining factor if the property is profitable 20:41 – Understanding the fundamentals of short term rentals 21:32 – Tip and tricks in entering this industry 24:07 – Limiting one's liabilities 24:49 – Finding properties for short term rentals 25:54 – Purchasing a profitable property 26:47 – Impact of hotel taxes 27:41 – How to persuade the property management to allow short term rentals 29:19 – Projecting future income potential 30:31 – Best cities with best rental yields 33:45 – Insurance 34:34 – Properties in New York   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.    
9/27/20181 hour, 45 seconds
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103: After the Big Exit - Investing Philosophy and Life Optimization with David Hauser

David Hauser is an entrepreneur and a speaker based in Las Vegas. He is the founder of Grasshopper, Chargify, and Angel Investor. Grasshopper is a virtual phone system company which was sold to Citrix for almost $175M. His passion in the business industry has led him to build more startups. This successful exit has led him to realize what he really cares about – and that is to inspire others. On this episode, David shares his journey after selling the company that he built and managed for over 12 years. He reveals the emotional struggle he went through after his big exit and what he did with his money after that. David gives his perspective on what financial freedom means. He also shares his investment strategies including the investment platforms he ventured in. This conversation gives you several tips and advice on how to manage and grow your wealth.   Where we are: Johnny – San Francisco, California Sam – Tampa, Florida David – Las Vegas   Links: David's New Book - Evolvebook.com Davidhauser.com   Discussed: Adviceperiod.com (David’s advisor) The best investment advice you'll never get Transparentinvesting.com Matt Cutts: Gadgets, Google, and SEO A New Kind of Investment Outlook A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Eleventh Edition) How Many Mutual Funds Routinely Rout the Market? Zero How Has The 4% Rule Held Up Since The Tech Bubble And The 2008 Financial Crisis? Do Not Dollar-Cost-Average for More than Twelve Months   Time Stamps: 08:48 – The creation of Grasshopper.com 10:33 – His passion in becoming an entrepreneur 11:04 – Where and when did they build the company? 12:35 – The Company’s growth after the exit 13:25 – What came after the big exit? 16:44 – Diversifying his wealth and assets 20:40 – His strategy for managing his assets 23:31 – The value of investment advisors 26:50 – What is financial freedom for him? 29:05 – His engagements after the exit 30:58 – His new book 31:49 – The secret behind his productivity 33:46 – Life optimization 37:20 – His advice to help increase productivity   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.    
9/17/20181 hour, 3 minutes, 2 seconds
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102: Understanding Credit Score and Comparing the Best Credit Cards

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.  
8/28/20181 hour, 16 minutes, 35 seconds
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101: ICOs 101, Inside an Initial Coin Offering with Marshall Taplits

Marshall Taplits is the co-founder and chief strategy officer at NYNJA, a company building global operating system for the future of work. NYNJA Group is creating the first international mobile communications app with an on-demand marketplace and its own cryptocurrency ecosystem. Marshall began his career in software quality assurance 18 years ago and has acquired vast knowledge and expertise on online trends and developments including the popular Initial Coin Offering (ICO). On this episode, Marshall explains the fundamentals of ICOs and its impact on the present generation. Since we have reached the era of the internet, much digital advancement has been introduced.  As an expert in ICOs, Marshall educates us on what an ICO is and what benefits we get out it. This is an enlightening conversation about coin ownership, launching ICOs, and ICO investing.   Where we are: Marshall - China Sam - Santiago Johnny - Ukraine   Links: Nynja.io   Time Stamps: 11:11 – What is his definition of an ICO? 12:00 – Big ICOs including Bitcoin and Ethereum 15:04 – Benefits in using Ethereum when launching an ICO 17:05 – How an ICO launch works? 18:07 – Qualifications for issuing an ICO 20:18 – Difference between a token and a coin 21:14 – Accessing the new coin 24:12 – Selling or trading coins 28:26 – Value of coin owners in the company 31:06 – What makes a successful ICO? 34:46 – Developing new coins that he is excited about 38:20 – Standard road map in funding ICOs 45:03 – How Ninja started and what they do 47:32 – Ninja coin 48:01 – What are they building at Ninja? 54:02 – The process of investing in ICOs   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
8/14/20181 hour, 23 minutes, 49 seconds
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100: 100th Episode - Listener Questions and Answers!

Invest Like A Boss podcasts celebrates a new reaching as it launches its 100th episode. In order to give thanks to all the listeners, Sam & Johnny welcomed questions from the audiences so that they too can be part of this investment journey! Both hosts have personally participated in various investments that they learned through this show. Featuring several financial experts, this podcast has opened limitless possibilities in the investment arena.  On this special episode, Sam & Johnny answers questions from listeners based on their own knowledge and experience. This conversation reveals so many tips and strategies that would help you take control of your finances!   Where we are: Johnny - Ukraine Sam - Arizona   Links: Personal Capital Dropshipping Course Boss Lounge   Time Stamps: 06:43 – Strategies during an economic recession 20:25 – What to buy when everything is down 27:26 – Recommendations for young non-accredited investors 32:34 – Ranking for young investors 41:59 – What it takes to become an accredited investor 50:56 – Best strategy that made the most impact on their finances 53:43 – What were their quickest decisions and how they felt about it? 57:08 – Tips and strategies to increase productivity 1:00:08 – Paying debt vs. Investing 1:06:24 – What net worth number would make them satisfied? 1:12:57 – Investments below $500 1:14:32 – Cost-Benefit of Traditional College Education 1:16:54 – Going into AirBnB investment 1:18:33 – Enjoying Investments   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
8/3/20181 hour, 21 minutes, 26 seconds
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99: Q2 Investment and Performance Updates - Sam & Johnny

Co-hosts Sam & Johnny are up again for another quarterly update on all investment ventures they are personally participating. They have been giving updates on the performances of their investments as well as their new investments every three months to give light on the subject for all the investors and investors-to-be who are on the process of figuring out which investment platform to choose. On the episode, Sam & Johnny reveal the performances of their investments during this quarter. They have been discussing various investment platforms in the past episodes and they will share which funds they invested in and how it turned out. If you are an investor or you want to become one, listen to this episode and learn new trends in the world of funds and investments.   Where we are: Sam & Johnny - Spain   Discussed: ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge ILAB 86 – Index Fund Allocation Modeling with Johnny & Sam ILAB 62 – Q2 Investing Updates + Early Retirement   Time Stamps: 06:30 – Keeping track of your finances using Personal Capital 09:37 – Johnny’s net worth 13:18 – Building wealth through passive income 18:55– Johnny’s investment updates 23:10 – Johnny’s ETF updates 29:40 – American Homeowners Preservation (AHP) Fund 34:39 – What’s going on in the crypto world? 38:00 – YieldStreet Fund updates 40:53 – Municipal bonds updates 44:27 – Comprehending the taxes around investment returns 55:48 – Fund Rise updates 1:02:05 – Self-storage investment 1:05:06 – Financial growth through compounding interest 1:12:16 – Sam’s new investments 1:13:59 – Latest travel journey   If you enjoyed this episode, do us a favor and share it! 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.  
7/24/20181 hour, 23 minutes
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98: Mobile Home Park Investing with Jefferson Lilly

Jefferson Lilly is a mobile home park investment expert who co-founded Park Street Partners which owns 17 Mobile Home Parks coast-to-coast. He is the host of the Mobile Home Park Investors podcast with over 10,000+ D/L per month. He spent seven years investing his own capital acquiring and operating mobile home parks. He is definitely the go-to-person when it comes to mobile home park investing. During the episode, Jefferson educates us on what a mobile home park is and what investment opportunities surround it. He corrects the misconception of most people when it comes to mobile home owners. He presents the ups and downs of owning and operating mobile homes. He explains the Who, What, and How in the world of mobile homes. This is a very unique investment platform that will surely get you hooked!   Where we are: Johnny - Ukraine Sam - Barcelona   Links: Mobilehomeparkinvestors.com Parkstreetpartners.com   Time Stamps: 12:14 – How he got into Mobile Home Park Investing 15:49 – What got him into value investing 17:39 – What is a Mobile Home? 20:52 – Problems in building a Mobile Home Park 23:07 – Mobile Home Parks vs. Other types of Real Estate 25:43 – Who are Mobile Home Parks for? 28:53 – Moving of Mobile Homes 30:03 – Timespan of tenants 32:21 – How long has he been in this business? 36:31 – His journey in this business 39:20 – Average size of a Mobile Home Park 43:18 – What is a Cap Rate? 48:47 – Investment Opportunities 50:52 – Returns   If you enjoyed this episode, do us a favor and share it! 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.  
7/10/20181 hour, 14 minutes, 7 seconds
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97: When Buying a Starter Home Goes Terribly Wrong - Chris Harrison

Chris Harrison and his girlfriend just got their new home. But, instead of cutting down expenses from renting, they spent more on fixing the house they just bought. While the inspection went perfectly well, they discovered so many shortfalls few days after they moved in. The house failed in so many aspects that the couple had to take legal action against the people who apparently ripped them off. On this episode, Chris shares the appalling experience of buying their first home. He enumerates the flaws they discovered in the house including the electrical system, the plumbing, and the termite infestation. He sheds light on the idea of buying a starter home and gives his takeaways from the experience that will surely help those who are planning to buy their own house.   Where we are: Sam & Chris - Florida Johnny - Ukraine   Discussed: ILAB 96 – 6 Keys to Protecting your Properties from Lawsuits with Scott Smith   Time Stamps: 07:08 – How they decided to buy a house 09:03 – What went wrong in the house 15:36 – The good-for-nothing inspection 17:05 – How did he find his Realtor? 21:21 – The process of buying a house 23:12 – Taking legal actions 28:34 – What are they going after in the lawsuit? 31:51 – Recommendations on getting your house 33:55 – The mortgage process 35:51 – His takeaways from this unfortunate event   If you enjoyed this episode, do us a favor and share it! 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.  
7/3/20181 hour, 11 minutes, 34 seconds
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96: 6 Keys to Protecting your Properties from Lawsuits with Scott Smith

Scott Smith is the owner of Royal Legal Solutions, an asset protection company for real estate investors which develops strategies to maximize tax savings and protect from lawsuits. He himself is a real estate investor who holds real estate investments in 10 states. He believes that if a person is building a real estate empire, he is bound to get sued and being one step ahead is the wisest way to protect his assets. During the episode, Scott explains the 6 keys that would help property owners protect their assets from devastating lawsuits. In the real estate world, getting sued is a common thing and a very expensive one. He explains the foundation of asset protection and several ideas that go with it. Listen in and find out why real estate investors need professional asset protection.   Where we are: Johnny - Ukraine Sam - Florida   Links: Royallegalsolutions.com   Time Stamps: 07:57 – His journey to Real Estate Investing 12:28 – The foundation for protecting assets 17:45 – Lawsuits from accidents 20:21 – The truth about Insurance Companies 22:10 – Getting started with Asset Protection 23:37 – Series LLC 28:43 – Insurance and other asset protection 31:17 – Recommendations for what insurance to choose 32:51 – Umbrella Policy 33:33 – Separation of the asset with your personal name 34:37 – Compartmentalization of Assets 37:43 – The Unanimity Structure 40:20 – What do Royal Legal Solutions do?   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
6/22/20181 hour, 3 minutes, 43 seconds
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95: Finance Tips Your College Professors Didn’t Teach You - 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.
6/11/20181 hour, 34 minutes, 33 seconds
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94: Why We Invest, Financial Freedom, and Selecting Base Locations

Zach, Sam’s new road trip buddy, is a nomad who had a successful exit from his business and is now on the quest of finding the perfect lifestyle. He loves flying kites, wandering the ocean, and experiencing freedom. After the big exit, he went on the process of learning new skills which eventually led him to discover his real passion. During the episode, Zach, Sam, and Johnny talk about investing not with money, but with time and knowledge. If we have achieved our financial goal, what then? They discuss what financial freedom really means and what the perfect lifestyle is for each one of them. For expats who love traveling, where in the world would they want to settle? The journey to finding the life you dream of takes times, money, and knowledge. Listen in and learn some tips on how to be financially free and become truly happy.   Where we are: Zach - Columbia Sam - Columbia Johnny - Bulgaria   Discussed: ILAB 23 – From $0 to Self Made, How to 300X Your Investment   Time Stamps: 06:30 – The Road Trip 10:50 – The process of choosing his lifestyle 15:05 – Chasing after the dream 19:34 – Setting up a place in the US 21:57 – The Ideal life set up 24:28 – His top 5 places to settle 46:36 – What does financial freedom mean? 49:26 – Goal to financial freedom 52:15 – Managing money and happiness 55:16 – When to stop worrying about money? 1:01:48 – Selecting two base locations in the world 1:06:42 – Financial Freedom: Then, Now, and in the Future   If you enjoyed this episode, do us a favor and share it! 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.  
5/29/20181 hour, 11 minutes, 1 second
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93: Ed Conard - The Upside of Inequality, Optimizing Prosperity

Ed Conard is an AEI visiting scholar who authored two top 10 New York Times bestselling books: The Upside of Inequality: How Good Intentions Undermine the MiddleClass (2016) and Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong (2012). He has written op-eds for most major news outlets and has made hundreds of media appearances. He is a retired partner at Bain Capital, where he headed the firm’s New York office. On this episode, Ed corrects the misconceptions about the middle-class wagers being squeezed by the top 1% as we are all made to believe. He gives a fresh perspective of the upsides of inequality relative to economic growth. He also shares his vision of what the U.S. economy would be like in the next couple of years. At the end of this episode, Ed discloses his own personal portfolio including how he manages his money and where he invests.   Where we are: Johnny - Bulgaria Sam - Florida   Links: Edwardconard.com   Books: The Upside of Inequality: How Good Intentions Undermine the Middle Class Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong   Time Stamps: 04:30 – The Middle Class vs. the Top 1% 06:21 – What’s driving slow growth for the middle class? 09:32 – Understanding the American economy 16:04 – Measuring GDP 18:57 – Financial stability of households now and then 23:30 – American households’ savings 26:44 – Taxes on Government Services 30:02 – To what point will taxes slow down growth? 33:38 – His stand on the Trump Economy 35:12 – What he sees in the future economy 38:32 – Ed’s personal asset allocation 41:09 – Long-term upsides of inequality   If you enjoyed this episode, do us a favor and share it! 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.    
5/9/201858 minutes, 38 seconds
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92: Q1 Updates – Sam & Johnny on Investments, Business, and Travel

Co-hosts Sam & Johnny are up for the first quarterly update of 2018 as investors, entrepreneurs, and travelers who share their own experiences. During the first 3 months of this year, they have interviewed several experts in the field of investing and have tried some investment platforms that they learned during the show. On this episode, Sam & Johnny share their investment updates including the significant investments they ventured in and the downturns of some of their investments during the 1st quarter. They also share their work progress in the past 3 months and how their returns and income look like. They show us their trail during their travels and the countries that made the most impact on them. Listen to this episode to learn some tips and strategies for investing, building businesses, and traveling.   Where we are: Sam - Tampa, Florida Johnny - Kathmandu, Nepal   Q1 Travel Sam – SE USA Road Trip >> Brazil > Denver > Tahoe > Napa > Tampa Johnny – Chiang Mia >> Nepal   Q1 Book Reading - Principles - Home Dues - Upside of Inequality - The Path to War - CryptoAssets   Discussed: ILAB 84 – Note Investing 101, with Dave Van Horn ILAB 88 – Structuring Tax-Free Income, Puerto Rico Act 22 – Jorie Roberts ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge   Time Stamps: 06:20 – Johnny’s investment updates 10:45 – How to become an accredited investor? 16:36 – Sam’s investment updates 19:49 – Taxes on unrealized gains 22:23 – Sam’s significant investments 29:11 – Downturn in various investment platforms 30:35 – Returns & Income 31:34 – Diversification of accounts and investments 33:15 – Taxes on income & investments 38:10 – Sam’s work updates 42:00 – Johnny’s work updates 45:27 – Johnny’s travels 48:25 – Sam’s travels 1:19:00 – Tips and advices in investing   If you enjoyed this episode, do us a favor and share it! 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.  
4/16/20181 hour, 3 minutes, 30 seconds
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91: Behavioral Finance in P2P Lending with Laura Gonzalez

Laura Gonzalez is an Associate Professor in Finance at California State University with over 10 years of experience in teaching finance courses. One of the studies she took interest in is behavioral finance in peer to peer (P2P) lending which they conducted an experiment on it. During the episode, Laura reveals the major biases of lenders in terms of approving loans apart from their credit information. She explains the theory of beauty premium which significantly influence the decision of lenders. She also explains how they conducted the experiment to test this theory and what considerable indications were acquired.   Where we are: Sam - Florida Johnny - Nepal   References: www.Lendingstats.com   Discussed: ILAB 13 - PeerStreet vs. Lending Club ILAB 45 – Behavioral Finance and How Betterment is Optimizing Around It   Time Stamps: 05:31 – Laura’s background 07:07 – History of P2P lending 11:40 – Growth of the P2P market 13:09 – P2P platforms 16:08 – Major biases in approval of loans 19:22 – Beauty Premium 24:01 – The conduct of the experiment 25:02 – Findings and indications 30:00 – Outcome based on biases 32:39 – What to consider when lending someone 34:49 – Information available on Prosper 37:02 – Repayment success rate in various countries 39:23 – Prosper vs. Lending Club   If you enjoyed this episode, do us a favor and share it! 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.
4/12/20181 hour, 4 minutes, 46 seconds
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90: HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge

Evan Prokup is the man behind HSAedge, a leading website on Health Savings Account (HSA) information. HSA are savings accounts for medical expenses which are triple tax-advantaged and allows holders to lower their cost of medical care over time. HSA contributions can be invested in a wide variety of assets and can even be used in retirement. During the episode, Evan explains the fundamentals of Health Saving Accounts (HSA) including its aspects and benefits. He also explains the HSA triple tax advantage, eligibility, investment opportunities, and income requirements. This episode answers all the basic questions you have on HSA which helps you decide in opening up an account.   Where we are: Sam - Nevada Johnny - Nepal   Links: Website - HSA Edge Email - evan@hsaedge.com   Discussed: ILAB 31 – The Landlord: How I Acquired 485 Properties in 12 months   Time Stamps: 04:35 – How he took interest in HSA? 05:47 – The background of HSA 07:02 – What is HSA? 09:43 – Aspects of Triple Tax Advantage 11:53 – Record Keeping 13:50 – Allowable yearly contribution 17:13 – Who is HSA eligible? 25:39 – Investment opportunities through HSA 30:28 – Qualified Medical Expense 34:30 – Socialization of medical care 37:39 – Investment options for HSA 42:24 – Income requirement for contributing to HSA 45:14 – Downsides of HSA 48:05 – Contribution dates 49:12 – Transfer to a beneficiary   If you enjoyed this episode, do us a favor and share it! 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.
4/3/20181 hour, 9 minutes, 29 seconds
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89: AirBnB Income Stream, Investment Properties and 3rd Party Management with 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.    
3/22/201848 minutes, 20 seconds
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88: Structuring Tax Free Income, Puerto Rico Act 22 - Jorie Roberts

Jorie Roberts is the founder of Marjorie Roberts, PC, a firm composed of attorneys who specialize in tax, corporate/securities, and business law, and work with the economic incentive programs in Puerto Rico and the U.S. Virgin Islands. She has a vast knowledge of tax law and holds law degrees from Harvard University, Cambridge University, and New York University. During the episode, Jorie explains two tax laws, known as Act 20, the Export Services Act, and Act 22, the Individual Investors Act, which shields new residents of Puerto Rico from paying most federal income. And since these laws apply to the residents of Puerto Rico, Jorie discusses the process and requirements in applying for residency. Also, she gives comprehensive examples on what is eligible for tax exemptions.   Where we are: Jorie - U.S. Virgin Islands Sam - Denver Colorado Michael - Bangkok   Links: Jorie’s Firm - MARJORIE ROBERTS, P.C. - Attorneys at Law Michael’s publication - CEF Insider   Time Stamps: 04:01 – Acts 20 and 22: What they are and who they’re for? 05:59 – Applying for residency in Puerto Rico 10:15 – Is owning Real Properties required? 11:45 – How can expats benefit from the tax exemptions? 13:52 – Income tax structure using Act 22 16:29 – Are Interests and Dividends taxed? 19:44 – Examples of income structures and its tax exemptions 29:25 – What is eligible for tax exemption? 32:12 – Application process for both Acts 36:02 – Recommendations on how to start 45:32 – Tax in the US vs. other countries   If you enjoyed this episode, do us a favor and share it! 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.  
3/15/201858 minutes, 54 seconds
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87: Tax Reform: Investing in 2018’s New Economy with Jordan Goodman

Jordan Goodman is considered America’s Money Answers Man because he is the man to go to for answers on personal finance questions. He has appeared on several TV and radio shows. He believes that there is a tremendous amount of financial illiteracy in the country and wants to help people learn. He has written 14 books including the popular Fast Profit in Hard Times and The Dictionary of Finance and Investment Terms. On this episode, Jordan explains the impact of the 2018 tax reform both in corporate and individual level. He also explains its impact on the stock market and other investment ventures. He gives tips and strategies on what, where, and how to invest in this new economy. He also shares his personal favorites in terms of asset classes and trends that will help you decide on your next investment plans.   Where we are: Johnny - Nepal Sam - Denver Colorado   Links: MoneyAnswers.com   Books: Fast Profits in Hard Times The Dictionary of Financial and Investment Terms   Time Stamps: 08:33 – The Trump Economy 10:58 – Impact on the corporate level 12:15 – Impact in an individual level 14:06 – Rising interest rates 16:29 – Impact on stock market 18:19 – 3 things that will affect the market 19:33 – Impact of debt 22:24 – Corporate reinvesting in their companies 25:36 – What should have been included in the tax reform 28:02 – Secured Real Estate Funds 31:50 – Oil and Gas Funds 34:40 – Favorite asset classes 37:02 – Favorite trends 39:29 – Biotechnology 40:33 – Mortgage Optimization Strategy   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
3/6/201850 minutes, 27 seconds
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86: Index Fund Allocation Modeling with Johnny & Sam

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.
2/27/20181 hour, 2 minutes, 3 seconds
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85: Crypto Asset Storage and Security, with Gregor Gregersen

Gregor Gregerson is the founder of Silver Bullion, a company committed to providing the safest place for your precious metals. In the quest to offer the best protection for the clients’ wealth, they have designed the safest storage for cryptocurrencies by physically encrypting and storing private keys. On this episode, Greg reveals how the idea of physical crypto storage came about and what makes it the safest storage for cryptocurrency in the market. He explains the risks of keeping these assets digitally and how to alleviate these risks. This episode talks about the different levels of security for crypto, the advantages of physical storage, and the features that the investors can look forward to in this new product.   Links: Video: https://www.thesafehouse.sg/physical-crypto-storage Silver / Gold Bullion Storage: https://www.thesafehouse.sg/ Download the White Paper on how it works   Where we are: Gregor – Singapore Sam – USA Johnny – Thailand   Time Stamps: 08:24 – Influence of crypto to precious metals 10:10 – Shift in Gold & Silver demand 11:16 – Who are the clients? 13:49 – Different levels of security for crypto 19:31 – Risks in owning cryptocurrency 22:42 – Recovery of unwanted transfers 23:36 – When is the launch? 24:56 – Why they created this new storage? 27:32 – 6 features with Physical Crypto Storage 34:26 – Crypto insurance 36:22 – Peer to Peer Lending through Bitcoins 40:19 – How to start? 41:50 – The target market   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!    
2/21/20181 hour, 2 minutes, 51 seconds
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84: Note Investing 101, with Dave Van Horn

Dave Van Horn is the President and CEO of PPR Note Co., a company that brings investors unique opportunities to create passive income through investing in real estate notes. He is an expert in the real estate business with over 30 years of experience as licensed Realtor, Real Estate Investor, and Fundraiser. On this episode, Dave discusses the basic fundamentals of Note Investing including where and how to invest in it. He explains what a note is and how to profit from it. He shares his own venture from the real estate industry to the note business. You may not know what a note is; but after listening to this episode, you will understand how everyone is involved in this business.   Where we are: Sam - Brazil Johnny - Chiang Mai   Links: Dave’s Company: Pprnoteco.com Free ebook: Pprnoteco.com/learn   Books: Rich Dad Poor Dad   Discussed: ILAB 77 - Turney Real Estate Investing vs. REITs   Time Stamps: 01:02 – How he got into Note Investing? 08:29 – Buying notes vs. owning physical properties 10:36 – Basic definition of a Note 13:24 – Everyone’s role in the note business 14:20 – First notes he got involved in 15:31 – Individual investor to Institutional 16:25 – Where to acquire Notes? 16:44 – Classes of Notes 17:27 – Typical yields of the Notes 25:34 – What to do with non-performing Notes? 27:51 – What to know when starting in Note Investing? 31:45 – PPR’s fund premium returns 34:17 – How to invest in products on PPR? 39:47 – Difference between loan and mortgage   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
2/12/20181 hour, 9 minutes, 18 seconds
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83: Mutual Funds 101, the $17 Trillion Industry with Mark Renz

Mark Renz is a financial adviser and a sales representative for over two decades and has utilized his expertise in serving as an investment adviser for high-net-worth families since 2001. He is currently the Chief Investment Officer for an independent multi-family office, Socius, which provides honest guidance and shrewd management to preserve, protect, and build their clients’ estate. This episode explains the basics and fundamentals of mutual funds. Mark defines what a mutual fund is and other mutual funds that we might not be aware of. He teaches some strategies on how to beat the market, how to manage funds, and how to achieve greater returns. Listen in and learn more about this investment platform.   Links: Website - Socius.com/team/mark-renz   Books: MONEY Master the Game   Time Stamps: 05:14 – Mark’s background in finance 07:37 – What is a family office? 10:21 – What are Mutual Funds? 11:46 – Types of Mutual Funds 13:57 – How large is the mutual fund market? 15:06 – Importance of fees in selecting a mutual fund 20:49 – Active management funds 26:15 – Dimensional Funds: Who & What they are? 31:36 – Who can invest in dimensional funds? 33:37 – Biggest mutual fund companies 41:52 – Returns/Dividends strategy 48:56 – Fee Structure and Transparency 55:47 – Tools that can be used for transparency 59:36 – Mark’s personal investment portfolio 63:10 – Recommendations in buying stocks   If you enjoyed this episode, do us a favor and share it! 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.
1/29/20181 hour, 17 minutes, 22 seconds
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82: Dual Momentum Investing with Gary Antonacci

Gary Antonacci is an author, consultant, and public speaker on momentum investing. He introduced the investment world to dual momentum which combines relative strength price momentum with trend following absolute momentum. He is the author of the award-winning book, Dual Momentum Investing: An Innovative Approach for Higher Returns with Lower Risk. On this episode, he explains the fundamentals of momentum investing, its history, and its market efficiency. He also explains the relationship between momentum investing and trend following, his stand on the efficient market hypothesis, and the best application of momentum investing. Listen in and learn from the foremost authority on the practical applications of momentum investing.   Links: Website - Optimalmomentum.com Dual Momentum Research - Dualmomentum.net   Book: Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk   Discussed: ILAB 45 – Behavioral Finance and How Betterment is Optimizing Around It ILAB 73 – Trend Following: How to Profit with Michael Covel   Where we are: Sam Marks - United States Johnny FD - Southeast Asia   Time Stamps: 02:12 – What is Dual Momentum Investing? 03:59 – What are Relative and Absolute Momentum? 08:28 – Fundamentals of Momentum Investing 08:57 – Efficient Market Hypothesis 11:18 – Market efficiency today vs. 30 years ago 13:56 – Relationship between Momentum Investing and Trend Following 15:41 – Relative Momentum vs. Absolute Momentum 17:13 – Geographically diversified stock industry 18:16 – History of Momentum Investing 23:39 – Recommendations 27:14 – Dual and Absolute Momentum 30:51 – How do you know when to get out?   If you enjoyed this episode, do us a favor and share it! 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.  
1/16/201837 minutes, 51 seconds
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81: New Year’s Investing Updates, Plans, and Goals for 2018

Invest Like A boss podcast hosts, Sam Marks and Johnny FD, have been discussing new ways to invest money all throughout the year. They are entrepreneurs who find new investment strategies for their hard-earned money. As another year starts, they share updates on their investments and how their money grew over the years. On this episode, Sam and Johnny reveal the changes in both their assets from various investment platforms they ventured in. They also share their investment plans and goals for 2018 as well as the lessons they learned from the previous year. Sam and Johnny give away tips and strategies on how to increase your net worth. Also, check out the books that they recommend that will surely help you grow financially. Let’s welcome the year with new lessons, new plans, and new goals!   Full Show Notes and Screenshots - http://investlikeaboss.com/ilab-81-new-years-investing-updates-plans-goals-2018/    Where we are: Sam Marks - United States Johnny FD - Southeast Asia   Books: Poor Richard’s Almanac  Dual Momentum Investing  Life 3.0 Surviving AI Unshakeable  Happy City    Discussed: Audible 30 Day FREE Trial Invest Like A Boss 38 Invest Like A Boss 71 Invest Like A Boss 78 Invest Like A Boss 80   Time Stamps: 08:22 – Asset allocation in 2017 12:01 – Bitcoin Returns this year 14:59 – High risk –High return investments 16:04 – Public Equity Markets 19:32 – REITs 22:08 – Regrets for 2017 25:14 – Johnny’s 2016 & 2017 income 28:24 – Lessons learned 40:29 – Books to check out for 2018 51:20 – Investment plans for 2018 56:09 – Goals and Resolution   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.    
1/8/20181 hour, 4 minutes, 12 seconds
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80: Mining for Bitcoin with MGTCI’s President Steve Schaeffer

Steve Schaeffer is MGT’s President on Crypto-Capital Strategies. MGT is one of the top Bitcoin producers in North America with the largest individual Bitcoin mining operation. We may have heard about Bitcoin a lot these days, but what we hardly hear about is Bitcoin mining - how does it work and how is it done? On this episode, Steve explains MGT’s mining operations and returns. He also explains why the company chose to mine Bitcoins over other cryptocurrencies. He shares MGTI’s strategies in choosing locations, securing bitcoins, and gaining profit. Listen in and learn other ways to invest on cryptocurrencies.   Links: Mgtci.com Ticker (OTC: MGTI)   Discussed: ILAB 78 - Bitcoin 101, How to Invest In Cryptocurrency   Where we are: Sam - United States Johnny - United States   Time Stamps: 03:23 – What is Bitcoin Mining? 12:39 – The Geographic volume of traders 14:22 – Correlation between MGTI stock price and Bitcoin 16:29 – MGTI’s Operation and Returns 19:16 – Mining location 20:41 – What coins are they mining? 23:04 – How many coins do they mine per day? 26:58 – How do they store the Bitcoins? 29:19 – Exchanges through a Broker 31:08 – Major Banks’ play in cryptocurrencies 34:58 – MGTI’s tech infrastructures   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.      
12/27/201757 minutes, 33 seconds
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79: Cannabis – Profiting from the “Green Rush” with Michael Berger

Michael Berger of Stonebridge Partners joins this episode to talk about another yet unique means to invest our money in - the Cannabis industry. Cannabis is used in three main forms: marijuana, hashish and hash oil. It is a mood-altering drug that can induce calm and is sometimes used medicinally as a form of pain relief. Countries still have different opinions with regards to the legality of this plant medicine. But on the investment side of things, Michael explains the business opportunities for Cannabis and how investors could actually profit from this industry. Links: Linkedin Technical 420 To Watch: CNBC Video showing growth in the industry   Stocks: Canopy Growth Corp Aphria Horizon’s ETF   Where we are: Johnny - Los Angeles Sam - South Carolina   Time Stamps: 10:09 – Growth opportunities for Cannabis 13:36 – Future of the industry 16:52 – Business opportunities 18:18 – Regulation of people involved 21:46 – Stonebridge Partners 22:48 – Investment strategies of Stonebridge 24:23 – Risks and Rewards 25:35 – How Technical 420 started? 28:36 – Sectors with the best growth prospects 30:27 – Regulations for Cannabis 33:05 – Best opportunities for Cannabis   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
12/19/201751 minutes, 43 seconds
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78: Bitcoin 101, How to Invest In Cryptocurrency

Bitcoin, a digital currency, has been creating hype for thousands of investors around the world. We probably have heard about Bitcoin and other cryptocurrencies circulating around the internet and a lot of people want to understand what it is, how it works, and why they should invest in it. This episode helps you answer the question – Should you own Bitcoin? Johnny and Sam give their insights on Bitcoin and other cryptocurrencies and why it is considered the future. They recount the growth of Bitcoin over the years. They give tips on where and how to buy them, how much should you invest, and how to keep them safely stored. They also specified the downside of Bitcoin and what to expect when owning one. For those who are interested in buying Bitcoin, listen to this episode and find out if this investment strategy is perfect for you.   Links: CoinBase.com Kraken.com   Where we are: Johnny - United States Sam - United States   Discussed: Audible 30 Day FREE Trial ILAB 38 - Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit ILAB 71 – Bitcoin vs. Ethereum, and the future of the Internet – Ivan on Tech   Time Stamps: 04:38 – Should you buy Bitcoin 09:18 – Ripple used by banks 10:24 – What makes Bitcoin popular? 17:20 – The growth of Bitcoin 18:27 – Predictions for Bitcoin 20:27 – Highest trading volume in terms of countries 22:04 – Governmental Risk 26:27 – How much should you invest in Bitcoin? 30:38 – Ether vs. Bitcoin 31:51 – Downside of Bitcoin 40:14 – Where and how to buy Bitcoin? 46:43 – How to safely store your Bitcoin? 52:49 – Plan of Action   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
12/7/20171 hour, 1 minute, 18 seconds
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77: Turnkey Real Estate Investing vs. REITs

Matt Bowles is the co-founder of Maverick Investors Group, which helps real estate investors buy performing rental properties in the best real estate markets regardless of where they live. They offer a very interesting investment strategy where you get to own a property without being physically present. On this episode, he talks about the advantages of owning hard assets over investing on paper assets. He explains the process of buying properties, assessing income, and closing contracts. He also explains the management and maintenance set-up and how the net operating income is calculated. He also gives away tips for real estate investors in order to succeed in this investment venture.   Links: Website: maverickinvestorgroup.com   Time Stamps: 0:31 – The mission of Maverick Investors Group 2:03 – What is Turnkey Real Estate Investing? 4:21 – Advantages of buying hard assets 10:11 – Building portfolio 13:54 – Leveraging properties 19:02 – Calculating Net Operating Income (NOI) 23:22 – Capitalization rate 27:51 – The process of buying a property 31:39 – Management and maintenance 37:56 – How to close contracts? 39:55 – How much income for mortgaged properties? 42:37 – Cash flow calculation 45:12 – Tips for real estate investors   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.  
11/22/20171 hour, 14 minutes, 16 seconds
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76: Marc Faber – is 2018 Heading for Gloom, Boom, or Doom?

Dr. Marc Faber is a Swiss investor based in Thailand. He publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” which highlights investment opportunities. He is also a published author and a regular contributor to several leading financial publications around the world. When it comes to investing your hard-earned money, he is the perfect person to learn from. This episode visualizes the possibilities of the future in terms of Economy and Investments. As an expert in the field, Dr. Faber explains how the world has changed rapidly and what could be expected in the coming years. He also offers great insights on what to consider when investing your money.   Links: www.gloomboomdoom.com   Where we are: Johnny - Canary Islands Sam - Southeast Asia Marc - Southeast Asia   Discussed: Audible 30 Day FREE Trial   Time Stamps: 5:03 – Economic complexity over the years 10:41 – Dr. Faber’s background 12:58 – Innovations that excites him 17:25 – Bank reliability 22:42 – Industrial Revolution as seen in the future 27:55 – Concerns in investing 36:48 – Impact of Global Debt 42:50 – GDP and Standard of Life 47:21 – Concerns on the future generation 63:51 – Government Structure in the future 1:06:16 – Investment tips   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.      
11/13/20171 hour, 23 minutes, 55 seconds
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75: Impact Investing – Running the Vatican’s Accelerator with Steve Forte

Steve Forte is a 5-time entrepreneur who had successful exits in all his businesses. He is the co-founder and managing partner of Fresco Capital, which focuses on seed and early-stage investment to create maximum impact for companies, investors, and partners. Using his experiences in several business ventures, he is heading a new path as a VC. On this episode, he explains what a VC is and what to expect when pursuing this endeavor. He shares his expertise in pitching a startup business to invest and minimize risk. He also shares how Vatican Accelerator started and how it has been progressing over time. This is an interesting conversation about startup businesses and investments.   Links: Fresco.vc Twitter   Where we are: Johnny – Canary Islands Sam – Southeast Asia   Discussed: Audible 30 Day FREE Trial   Time Stamps: 4:51 – His background 9:51 – What does a VA do? 12:37 – Pitching a startup business to invest 17:38 – Founder’s expectation in terms of compensation 20:29 – Startup failure rate 23:27 – How to setup accelerator 26:24 – Software and social networking 31:09 – Difference between accelerator and incubator 37:11 – Vatican Acceleratorbackstoryy 46:50 – For-profit & mission-driven model 51:14 – Updates on Vatican Accelerator 55:10 – Future plans for the program   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.    
11/2/20171 hour, 10 minutes, 57 seconds
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74: Q3 Investment Updates

Sam Marks and Johnny FD bring another update episode about their high-performing investments, net worth, income flow, and the 3-month digital journey. They'll explain the different investment strategies that they've applied during the past quarter and which modern platforms gave the highest return. Find out why coin-based investments are the future and if you should follow the trend.   Links: Incomeboss.com Coworker.com/lab/author/sam - Coworker Lab Yield Street Peer Street   Where we are: Johnny – Las Palmas Sam – Thailand   Discussed: ILAB 59: YieldStreet – The Future of Non-Correlated Asset Investing with CEO Milind Mehere ILAB 63: Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster   Try Audio Books For FREE   Books: Man’s Search for Meaning - Viktor E. Frankl Happy City - Charles Montgomery How To Win Friends and Influence People - Dale Carnegie Tesla, Space X, Quest - Elon Musk Shoe Dog: A Memoir by the Creator of Nike - Phil Knight   Time Stamps: 1:57 – Places they visited this quarter 5:58 – Savings while living remotely vs. living in U.S. 10:43 – Thrill in competing 12:36 – Johnny’s Income Boss 14:55 – How long they work every day 21:39 – Sam’s investment update 27:18 – PeerStreet 31:05 – Business model of Lending Clubs 35:32 – YieldStreet 42:49 – Sam’s Coworker 45:19 – Johnny’s net worth 54:55 – Johnny’s high-performing investments 58:35 – Coin-based investments   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
10/16/20171 hour, 19 minutes, 12 seconds
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73: Trend Following: How to Profit with Michael Covel

Michael Covel is an entrepreneur best known for popularizing the controversial trading strategy Trend Following. This is an investment strategy based on technical analysis of market prices, rather than on the fundamental strength of the companies. He is the author of the bestselling classic, Trend Following: How to Make a Fortune in Bull Bear and Black Swan Markets. Michael joins this episode to explain what trend following is for the “non-techy” people to understand. He discusses the ways to invest and access trend following to generate profits successfully. Listen to the end and learn from the boss on how and why trend following works.   Link: Trendfollowing.com/blog   Book: Trend Following: How to Make a Fortune in Bull Bear and Black Swan Markets Wiley Trading by Michael Covel   Discussed: Investlikeaboss.com/audio   Time Stamps: 7:05 – How he got into trend following 11:21 – What is trend following? 16:34 – Trend following strategies 18:23 – Full-time trend following traders 19:41 – Common misconceptions on trend following 25:06 – Trend following system 27:16 – Fundamental information of companies relative to trend following 31:49 – Why trend following works? 32:19 – Who are trend following traders at the present? 34:05 – Do the no. of traders affect the success in trend following? 38:16 – Backtesting 40:04 – Most successful trend following traders 41:36 - Bull Bear and Black Swan Markets 42:54 – Ways to access trend following 49:05 – Contents of his book: Trend Following   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.      
10/9/20171 hour, 7 minutes, 34 seconds
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72: Card Counting: Investing in Math to Take Millions from Casinos

Colin Jones is a Blackjack pro who has mastered card counting and has been beating casinos around the globe. He runs a network of card counters that have beaten casinos for millions of dollars. They created the Blackjack Apprenticeship which trains, equips, and provides a community for card counters. During the episode, Colin talks about the ability to count cards and beat the casinos for profits. He reveals what most gamblers fail to realize – Blackjack is a game that can be beaten. Find out why there is no gamble if you think differently, work smarter, and use the odds to your advantage.    Links: Want to learn how to count cards? Check out Blackjack Apprenticeship Holy Rollers: Watch the documentary   Books: Start Here – Recommended Reading   Time Stamps: 5:57 – How Colin get into card counting 7:19 – Blackjack as a game 10:14 – The odds in effectively counting cards 11:49 – Expected Value 13:59 – What’s beatable and what’s not 16:09 – Is card counting illegal? 17:13 – Tolerance level of casinos 19:45 – Do you max out the ability in card counting? 21:16 – Biggest success stories on card counting 23:24 – Where do his network play? 25:34 – How long does it take to master card counting? 26:41 – Shoe Computers 29:29 – How much capital do you need? 33:13 – Their most exciting journey 35:46 – What they do on Blackjack Apprenticeship?   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
9/25/201745 minutes, 8 seconds
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71: Bitcoin vs. Ethereum, and the Future of the Internet - Ivan on Tech

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
9/18/20171 hour, 15 minutes, 9 seconds
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70: Sports Betting: Invest with Vegas’s Best in This New Fund

Chris Connelly is the founder of Contrarian Investment, an investment strategy in the form of sports betting on select NFL, NCAAF, NBA, and NCAAB contests. This is a new category of investment that wasn’t available to people before - ever in history. On this episode, Chris shows why sports betting is the next big thing and foresees it to become a trillion-dollar industry. He explains how sports betting works and why it should not be considered a gamble, but an investment instead. Listen to the end to find out how to invest alongside Vegas’s best and see how your investments play out.   Link: Contrarianinvestments.net   Where we are: Eastern Europe: Johnny FD Sam: Hong Kong Las Vegas: Chris   Discussed:   Books: Start Here – Recommended Reading   Time stamps: 7:33 – How he got into Sports Betting? 10:44 – How does a syndicate operate? 12:04 – What is a Bookie? 13:26 – Different ways to bet 16:32 – Vision for Sports Betting 18:57 – Legalization of Sports Betting 24:17 – Sports Betting as an investment 25:37 – Difference between betting with his own money and with other’s money 27:26 – How much do they bet in a time frame? 29:57 – What sports do they usually bet on? 30:34 – Point spreading 31:25 – Mayweather and McGregor fight 32:50 – Percentage of bet for a single play 34:36 – Returns and Profits 36:33 – Who are the investors? 37:16 – Investing on stock market vs. on sports betting 38:25 – Moving odds 44:25 – Administration of funds   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
9/8/201759 minutes, 57 seconds
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69: FX Market – Profit From the 5 Trillion Dollar Daily Trading Volume

Brian Jimerson and Teng Su are the founders of The Art of FX, a Fund Management and Trading company that specializes in the Forex and Commodity markets. During the show, Brian and Teng will discuss how geo political events affect the FX market, what it takes to become a full-time trader, and the biggest mistakes to avoid. Listen to the end to hear how they manage multiple accounts and the earnings percentage Sam and Johnny FD have earned since their investment.   Links: Apply for an Account with ArtofFX ($10,000+ minimums)   Where are we: Sam/Brian/Teng - Bangkok Johnny FD - Odessa, Ukraine   Discussed: ILAB 03 – Foreign Exchange Trading with Brian from Art of FX ILAB 64 – Trading Options Full Time: $0 – $100K Annually with Kirk Du Plessis   Books: Start Here – Recommended Reading   Time Stamps: 07:31 - North Korean missiles over Japan 08:36 - How Trumps Twitter affects the FX market 13:15 - Stock market vs For Ex market 16:16 - Trading Forex full time 21:17 - Biggest trader mistakes 29:47 - Emergency crash plan 31:40 - A typical 21 hour work day 34:20 - Gaining informational advantage 38:57 - Common trader mistakes 41:26 - Cryptocurrency buying, selling, and trading 44:48 - Tax implications 46:33 - Starting capital and hold time 47:09 - General Volatility 51:57 - Managing multiple clients and accounts 1:06:18 - Total earnings %   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
8/31/20171 hour, 7 minutes, 57 seconds
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68: Municipal Bonds, How Insiders Scale Their Tax Free Income

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.
8/24/20171 hour, 2 minutes, 11 seconds
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67: Strike Oil, Invest in Oil & Gas Projects with EnergyFunders

Casey Minshew is the COO of EnergyFunders, a cutting edge Financial technology platform dedicated to disrupting the way people from all over the world invest directly into energy investments, starting with oil and gas. Casey has been a part of three successful startup companies, most recently growing startup iWowWe from zero to twelve million dollars in revenue in less than 2 years. During the show, Casey will explain the different types of oil investments that you can make including the potential returns. You'll learn about the tax deductions you can receive and the key pros and cons of the oil business. Listen to the end for insight on the future of oil and energy resources. Listen to ILAB 67 on iTunes here or subscribe on your favorite podcast app.   Links: www.energyfunders.com   Where are we: Casey Minshew - Houston, Texas Sam Marks - Thailand Johnny FD - Ukraine   Discussed:   Books: Start Here – Recommended readings   Time Stamps: 05:51 - How Casey started Energyfunders 09:07 - The history of oil 12:03 - Energyfunders team and partnerships 15:53 - Ups and downs to the oil business 20:44 - Risk levels and options to buy 32:44 - Analyzing sponsors and operators 34:58 - Reworking projects 37:33 - How to invest in the platform 42:13 - ROI after hitting oil 47:17 - More pros/cons of the oil business 50:58 - The investors roll in the process 54:30 - The future of oil and energy resources 57:29 - Regulation crowd funding platform 01:04:23 - Are we making an investment? 1:09:14 - Owning Exxon stock 01:12:24 - iTunes review shout outs!   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
8/17/20171 hour, 14 minutes, 39 seconds
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66: Meet the Drapers: Invest with Tim, Bill and Jesse Draper

Sarika Batra is the Producer and Director of ‘Meet the Drapers’, the first-ever startup crowdfunding show that features startups pitching 3 generations of Drapers. The twist is that the millions of viewers are the investors! Sarika will reveal how the show was created and how you can have the opportunity to pitch to the Drapers. She will also discuss the structure of the deals and investments that may be made. Listen to the end to learn what it takes to produce a show of this caliber.   Links: LinkedIn > If you’re an entrepreneur or startup and would like to apply to be on the show, you can do so in 2 minutes [Apply here]   Where are we: Sam Marks – Thailand Johnny FD – Ukraine   Discussed: ILAB 40 – Republic.co: Simplifying Startup Investing for Un-Accredited Investors ILAB 32 – Indiegogo Co-Founder, Slava Rubin on Equity Crowdfunding Thank you to the recent donors in our campaign to build playgrounds for orphans in Cambodia. If you’d like to support the cause please join us: Playgrounds 4 orphans   Books: Start Here – Recommended readings   Time Stamps: 03:24 - Who are the Drapers? 08:30 - Finance and venture capital background 10:30 - First VC in India 11:19 - How the show was created 13:55 - The application process 18:59 - The investment opportunity 20:01 - What to expect from the judges 22:25 - Shark Tank vs. Meet the drapers 25:49 - Pitching the Drapers 29:58 - Form and structure of the investments 31:58 - Producer's production responsibilities 37:13 - How can you watch the show? 43:45 - Beatstars equity crowdfunding   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
8/10/201754 minutes, 6 seconds
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65: Bitcoin vs. Stocks, Tesla vs. Ford

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.  
8/2/20171 hour, 29 minutes, 48 seconds
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64: Trading Options Full Time: $0 - $100K Annually with 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 & 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.
7/27/20171 hour, 3 minutes, 59 seconds
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63: Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster

Michael Foster is the Lead Research Analyst for Contrarian Outlook. He is the only analyst in the world who is 100% devoted to CEFs with market caps under $1 billion. Michaels reports are widely read by analysts and portfolio managers at some of the largest hedge funds and investment banks in the world, with trillions of dollars in assets under management. During the show, Brett Owens talks with Michael on the CEFs to buy with safe dividends and high yields. You’ll learn the difference between Closed End Funds, Mutual Funds, and Exchange Traded Funds including buying at a discount. Sam Marks will share his experience buying CEFs and explain the process.   Links: Contrarianoutlook.com   Where are we: Johnny FD – Ukraine Sam – Asia   Discussed: Michael’s Articles > The 9.9% Yields Every Retiree Must Own > 10 Funds That Crush the Market and Pay up to 9.5% > Gabelli Equity Income Fund   Sam’s Municipal Bond CEFs  VTN VPV IIM BKN NAD   ILAB 33 – Brett Owens, 3 Recession Proof REITs to Buy Now     >Try Fresh Books    Books: Start Here – Recommended Reading   Time Stamps: 07:15 - Safe dividends and yields 10:27 - Close end funds, mutual fund, and ETF 14:35 - CEF quantity and discounts 20:51 - Typical investors 27:33 - Types of funds with high payout 41:59 - Buying CEF and municipal bond funds 43:27 - Downsides to CEF 47:32 - Process of buying If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
7/19/201757 minutes, 30 seconds
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62: Q2 Investing Updates + Early Retirement

Sam Marks and Johnny FD share their investing updates from the past three months. Listen as Sam explains why he exchanged a half million USD into RMB and how Johnny's Forex account has developed. You'll find out if early retirement is right for you including how Sam and Johnny strive to balance wealth, time, and happiness.   Like these investments? Try them with these special ILAB links: Try ARTofFX – Start a limited account for $10,000 with this link (Unaccredited Investors OK) Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK) Try PeerStreet – Geet a 1% yield bump with this link Try Wealthfront – Get $15,000 managed Free   Where are we: Johnny FD - Ukraine Sam - Asia   Discussed: ILAB 03 – Foreign Exchange Trading with Brian from Art of FX ILAB 06 – Invest in Yourself to Startup an Award Winning Brewery ILAB 07 – Building Hong Kong’s Biggest Self Storage Business Try Fresh Books for Free    Book: Start Here – Recommended Reading   Time Stamps: 08:11 - Sam’s new investments 12:39 - Johnny’s investment update 15:41 -  Half million exchanged to RMB 24:01 - Forex trading account growth 30:11 - Black Hops Brewery investment 32:39 - Hong Kong self-storage units 36:25 - Early retirement ups and downs 55:45 - What is happiness? 1:00:45 - Current bucket list projects 1:04:51 - The happiest we’ve ever been   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
7/12/20171 hour, 13 minutes, 57 seconds
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61: RealtyMogul CEO Jilliene Helman, Transforming Commercial Real Estate Investing

Jilliene Helman is the CEO of RealtyMogul, the largest online marketplace for investors to pool money and crowdfund pre-vetted real estate investments. Prior to RealtyMogul, Jilliene served as Vice President at Union Bank, where she spent time in wealth management, finance and risk management. The RealtyMogul team brings over 200 years of collective experience underwriting, managing, and acquiring over $20 billion in real estate across asset classes and markets nationally. During the show, Jilliene will explain why RealtyMogul has over 125,000 investors and what real estate investing can do for you. You’ll learn about popular cash on cash returns, investing limitations and options including the legal underwriting process. Find out how they’ve returned back over 60 million dollars to their investors.   Links: Realtymogul.com @JillieneHelman   Where are we: Johnny FD - Kiev, Ukraine Sam - Chiang Mai, Thailand Jilliene - LA, California   Book: Start Here – Recommended Reading   Time Stamps: 05:04 - Jilliene’s background 08:01 - Defining commercial real estate 10:30 - What a Trump presidency means to commercial real estate 12:35 - When researching platforms to invest on 15:12 - The growth behind RealtyMogul 16:59 - Understanding/ analyzing the market data 19:46 - Daily routine and workload 20:53 - Investor Education 21:56 - Legal underwriting 23:11 - Popular cash on cash returns 24:42 - Investing limitations and options 29:16 - Opening a saving in foreign countries 32:34 - Investing in stocks and real estate   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
7/5/201739 minutes, 21 seconds
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60: M.C. Laubscher - Investing Lessons from the Cash Flow Ninja

M.C. Laubscher is the CEO of Valhalla Wealth Financial, a company that helps individuals, families, small business owners, professionals & entrepreneurs employ wealth acquisition & financial management strategies for growth. M.C. is also the host of the popular business and investing podcast, Cashflow Ninja. He challenges existing societal belief systems and misinformation on money, saving, investing, wealth, and retirement. During the show, M.C. will reveal the six pillars he learned after interviewing over 150 successful investors. He will speak on accumulation and the cash flow model including the power of masterminds and mentorship. Listen to the end for the three principles to help build your wealth, happiness & success.   Links: Cashflowninja.com Valhallawealth.com @mclaubscher   Where are we: Johnny FD - Ukraine Sam - Hong Kong M.C. - Pennsylvania   Discussed: Try FreshBooks Free Gofundme.com/playgrounds4orphans Inside: McDonald's | Netflix 160: Sam Marks: How to use Speed & Strategy to Gain a Competitive Advantage Sam Marks: Building a $100 Million Dollar Company   Book: The Creature from Jekyll Island - G. Edward Griffin   Time Stamps: 06:50 - Common myths and misinformation 12:55 - Deferring taxes 15:14 - Accumulation and cash flow model 23:38 - Learning from successful investors 28:41 - Philanthropy 31:22 - M.C’s backstory 38:47 - Masterminds and mentorship 47:50 - Life settlement system 52:00 - Three principles to build wealth, happiness & success 1:05:15 - Explaining life settlement funds 1:08:17 - Institutional risks 1:11:24 - Ukraine money exchange   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
6/30/20171 hour, 16 minutes, 3 seconds
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59: YieldStreet - The Future of Non-Correlated Asset Investing with CEO Milind Mehere

Milind Mehere is the founder and CEO of YieldStreet which is an online marketplace for investing in alternative asset-based loans. 8-20% target returns. 1-3 year terms. Milind has worked for industry-defining companies and personally built and scaled three businesses, one of which, Yodle, was acquired by Web.com for $342 million in 2016. He is a successful tech entrepreneur who created investment opportunities outside the stock market with real collateral and attractive yields. During the show, Milind explains how you can generate passive income by connecting to asset-based investments with strong returns. You'll learn how the investments are structured, typical duration and investment terms including how pre- and post- settlement financing works. Expect to hear about Milind's personal investment portfolio and how YieldStreet maintains a zero principle loss to investors. Links: Yieldstreet.com LinkedIn @milindmehere Where are we: Milland - New York Sam - Ireland Johnny FD - Lviv, Ukraine Discussed: Gofundme.com/playgrounds4orphans Try FreshBooks Free  Books: Start Here – Recommended Reading Time Stamps: 05:53 - Founding vision for YieldStreet 10:26 - Non-Correlated assets 12:07 - Duration and investment terms 15:23 - The safest loans in real estate 16:25 - Rolling maturities 17:09 - Milind personal portfolio 24:47 - Peer to Peer breakdown 27:07 - NBA loans 29:06 - Diversified pre settlement finance portfolio 33:01 - Post settlement funding 35:22 - Sourcing deals 43:03 - Tech/data side of business 46:40 - Maintaining zero principle lost to investors 53:12 - The demand of YieldStreet 1:04:30 - Walking across Ireland If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
6/27/20171 hour, 9 minutes, 23 seconds
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58: Royalty Exchange - Acquire Jay-Z, Britney Spears, and Popular Music Royalties

Jeff Schneider is President & CFO of Royalty Exchange which is an online marketplace where artists can sell a portion of their royalty stream to private investors as a way of raising money. They offer unprecedented flexibility that allows qualified sellers to dictate which the portion of their catalog they wish to sell while retaining full control of their copyrights and continue collecting the royalties they decide to retain. During the show, Jeff will discuss royalties as an alternative and modern opportunity for unaccredited investors. He will explain ways to get started investing in royalties, provide examples of the kind of music and royalties they sell on their platform including potential annual returns and quarterly payouts. Links: Royaltyexchange.com @royaltyexchange Where are we: Denver - Jeff Berlin - Johnny FD Ireland - Sam Discussed: Gofundme.com/playgrounds4orphans Book: Start Here - Recommended Reading Time Stamps: 03:45 - Finding Royalty Exchange 06:38 - Music, books, patents, & trademark royalties 08:31 - Copyrights explained 11:32 - Guide to buying music royalties 14:47 - Growth over the decades 18:03 - Risks in the industry 19:47 - Investing through the platform explained 24:23 - Predicted projected royalties 28:39 - How to get paid 31:37 - Real Estate vs. royalties 33:32 - Annual returns and quarterly payouts 26:53 - Common types of investors 38:51 - How to get started 40:50 - What is a public performance? 41:50 - YouTube music copy claim 45:21 - Getting paid as an artist 49:12 - Will Johnny FD invest? 51:26 - How to make money with Royalty Exchange 56:28 - Will Sam invest? 58:50 - Walking across Ireland   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
6/15/20171 hour, 1 minute, 50 seconds
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57: MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In

MJ DeMarco is the current founder of Viperion Publishing Corp., a media company focused on online and print content distribution. He also is admin/founder for The Fastlane Forum, the webs' leading destination forum for start-up, finance, and entrepreneurial business discussions. He was the former start-up Founder/CEO of Limos.com, a global ground transportation aggregator and marketplace that he successfully built and grew into a profitable multimillion dollar company, all with no money, no formal training, and with just a few employees.  Through rigorous years of self-study, countless errors, and failures, MJ cracked the code to wealth and shockingly discovered that it had nothing to do with jobs, 401(k)s, mutual funds, or penny-pinching your life away for 40 years. During the show, MJ will share his financial roadmap that creates millionaires and gives you control over your financial plan. He’ll reveal his personal investment portfolio and explain how he balances success with happiness. Find out if you should demand the fastlane, take the alternative road-to-wealth, and live rich for a lifetime.   Links: Mjdemarco.com @MJDeMarco LinkedIn Where are we: Sam & Johnny – Kilkenny Ireland @ The Work Junction Coworking MJ DeMarco – Phoenix, Arizona Books: > (NEW!) UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship > The Millionaire FASTLANE Time Stamps: 04:26 - Writing Millionaire Fastlane 08:01 - The turning point in MJ’s life 10:01 - Is the fast lane for everyone? 11:28 - Mistakes made over time 14:21 - Lamborghinis and road rage 15:10 - Real Estate and homeowners 16:34 - Buying municipal bonds 20:04 - Selling options 26:11 - Arizona state income tax 28:06 - Success and happiness 30:14 - Fast lane, slow lane & sidewalk 40:03 - Making your home a resort 44:25 - Slowlane vs. fastlane   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
6/7/201754 minutes, 37 seconds
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56: James Altucher - $15 Million to Zero and Back, Investing, Passion, and Creativity

James Altucher is an American hedge fund manager, entrepreneur, bestselling author, venture capitalist, and podcaster. He has started and run more than 20 companies, some of which failed, several of which he sold for large exits. More important, James has been inspiring people by speaking on topics including stress, fear, anxiety, money, and relationships. During the show, James will share how he quickly lost $15 million, overcame depression and suicide including how he rebuilt his financial wealth and happiness. You'll learn about his strategies for investing in 30 companies and creative process for keeping the perfect work-life balance.   Links: Jamesaltucher.com @jaltucher Where are we: Dublin, Ireland - Sam & Johnny FD New York - James Discussed: The Article Discussed: Facebook Shareholders What Do You Do After You Make a Zillion Dollars Podcasts: The James Altucher Show & Ask Altucher Here are a few of our favorite episodes: Ep. 217 – Tony Robbins: Be Fulfilled: Just Start Asking Yourself These 2 Questions Ep. 6 – Dr. Wayne Dyer: A Test to See If You Are Ordinary   Book: The Power of Intention - Dr. Wayne W. Dyer Sapiens - Yuval Noah Harari Reinvent Yourself - James Time Stamps: 06:42 - The problem with business hustlers 08:55 - Getting lucky with SkyCig 10:14 - Being better than competitors 14:53 - Being vulnerable through writing 17:50 - Losing 15 million 21:16 - Building websites for companies 23:14 - Overcoming depression and suicide 26:42 - Angel investing in 30 companies 32:14 - Financial wealth and happiness 39:51 - Most intimidating moments 41:27 - Writing down 10 ideas per day 42:45 - Bring laughter into life 47:50 - A life predicated on success 51:10 - Walking across Ireland with a backpack 52:46 - Living a minimalistic life 54:08 - Taking care of yourself   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
5/31/20171 hour, 2 minutes, 42 seconds
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55: The LandGeek, 5000 Raw Land Flips Through Automation

Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001 and has completed over 5,000 unique transactions. Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company. During the show, Mark will share how he creates passive income in raw land and discuss the systems and automation in real estate that contributes to his success. He will unfold key benefits of owning raw land, how to find quality property, and ways you can start maximizing your investments today.   Links: Thelandgeek.com Youtube @TheLandGeek Facebook Linkedin   Where are we: Phoenix, Arizona - Mark Spain - Sam & Johnny FD   Book: Call me Ted - Ted Turner   Time Stamps: 05:18 - Getting into land real estate 07:44 - Tax lien & tax deed investing 09:18 - Getting raw land to cash flow 11:35 - Automating through software 13:20 - How Mark got the name “The Land Geek” 13:44 - Benefits of owning raw land 16:35 - Finding good value property 19:25 - Looking for quality land 23:26 - Before making an offer 26:58 - Protection and liability 30:55 - Common mistakes made 33:28 - Getting a call from the FBI 35:30 - How to get started 37:40 - Mark’s personal investments 40:27 - Buying and selling land 44:10 - Passive property sales   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
5/24/201753 minutes, 41 seconds
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54: How Anyone Can Retire in 10 Years or Less, with 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 & 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.
5/18/201759 minutes, 38 seconds
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53: Commercial Real Estate Investing with CrowdStreet CEO Tore Steen

Tore Steen is the CEO and Co-founder of CrowdStreet which is a crowdsourcing platform connecting investors with Main Street investment real estate opportunities. Tore is a business leader in the internet and software industries with deep expertise in strategy, business development, sales, and marketing for both publicly traded and private enterprises. With commercial real estate being the third-biggest asset class in the U.S. Tore will share how CrowdStreet is empowering individual investors by democratizing investment real estate. Tore will talk about technology solutions that provide real estate sponsors with a scalable platform for managing a large investor base. You'll also learn about the potential yields and the opportunities available to non-accredited investors.   Links: Crowdstreet.com @CrowdStreet @toresteen Where are we: Catalonia Spain - Sam & Johnny Portland, Oregon - Tore   Book: Start Here – Recommended reading   Time Stamps: 02:49 - Beginning of CrowdStreet 06:07 - The leadership team experience 08:36 - Defining commercial real estate 10:07 - Grading the quality of property 11:09 - Terms to familiarize with 14:09 - Demographic trends in the USA 16:57 - Investors circle learning platform 18:29 - Asset profile explanation 23:07 - Average member investment 25:20 - Software solution for developers 28:27 - The vetting process 32:54 - Average returns across the platform 36:09 - Nonaccredited opportunity 40:59 - Passive returns on investment 43:46 - High risk vs. safe ROI 46:21 - Biggest investment mistakes 55:09 - Nonaccredited investors   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.    
5/10/20171 hour, 1 minute, 30 seconds
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52: The # 1 Rule of Investing, with 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 >Phil’s 3-Day Transformational Investing Workshop   Where are we: Barcelona - Sam & Johnny FD Atlanta - Phil   Discussed: ILAB 50 – Wealthfront CEO Andy Rachleff, Investing the Robo Way Invested: The Rule #1 Podcast is LIVE. Here Are Episodes 00-03   Book: Start Here    Time Stamps: 03:17 - Serving in the green Barrett 04:17 - Exploring East Coast of United States 08:18 - Rafting guide in the Grand Canyon 09:38 - Making the first million 12:10 - Meditating with family 20:39 - Investing before the internet 26:28 - Modern Portfolio Theory 29:37 - The number one rule of investing 32:53 - Is accessibility to the market bad? 35:55 - Buying in a depressed market 38:31 - Should you play the market crash? 41:56 - The 4 investing principles 42:54 - Learning from people like Warren Buffett 55:23 - Snapchat investing opportunity 1:00:24 - Do you need a financial advisor? 1:05:04 - Risky investment portfolios 1:06:13 - Facebook stock value 1:07:35 - Managing a work-life balance   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
5/3/20171 hour, 12 minutes, 54 seconds
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51: Kitco Global Trade Director, Peter Hug’s Views on Markets and Metals

Peter Hug is the Director of Global Trade at Kitco Metals Inc, which has retail and online departments for trading metals as well as a news division called Kitco News. Peter is one of a handful of experts who have succeeded through multiple bull and bear cycles using skills honed during the dramatic fluctuations of the 1980s. Prior to joining Kitco, Peter served as Senior Vice President at Guardian Trust Company, now a part of Laurentian Bank, which became one of the largest international trading houses for precious metals.  With equity markets surging, we wanted to hear from Peter on his views of precious metals, where they belong in your investment portfolio and how fed and geo-political variables can affect prices. Peter also shares with us daily operations at Kitco and some interesting insights to the purchasing of physical metals. Links: Kitco Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK)   Where are we: Peter - California   Discussed: ILAB 38 – Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit ILAB 21 – Silver Bullion CEO: Why and How to Buy Precious Metals ILAB 12 – Real Estate Investing with Fundrise CEO Ben Miller   Book: Emergency - Neil Strauss   Time Stamps: 03:15 - Peter’s background 04:57 - The face of Kitco 06:48 - Equity market since Trump's election 11:48 - Peter’s personal asset allocation model 12:48 - Should you buy gold? 21:14 - Hong Kong gold crafts 25:11 - Buying gold from the US government 30:10 - Silver and gold % in your portfolio 32:57 - Fed raises rates and inflation 34:50 - Buying mints for liquidity 37:23 - Agnostic gold 39:45 - Highest volume coin in retail store 40:44 - Who buys good delivery bars 42:38 - Johnny’s father is alive because of gold 43:59 - Stealing $20,000 of gold coin 46:06 - Carrying a gold coin in your pocket 49:26 - Trading Cryptocurrencies in the future 50:42 - Investing in precious metals   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
4/26/201752 minutes, 49 seconds
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50: Wealthfront CEO Andy Rachleff, Investing the Robo Way

Andy Rachleff is not only a veteran in finance, he is also a pioneer in modern investing. Wealthfront is due more than their fair share of pioneering and innovating Rob-advisors, and helping millions of people start investing in the market in a smarter, more efficient way. At the time of this episode, Wealthfront is managing over $5.5 Billion for all types of investors from beginners to high net worth individuals. Robo-Advisors (or automated investing as Andy prefers to call it) have been sweeping the finance sector making it easy and transparent to invest in the market. On this episode, we get to tap into Andy’s nearly 4 decades of experience in finance and investing, explore efficiencies in the Wealthfront platform, and see who Robo-Advisors are a good investing instrument for.   Links: Linkedin @arachleff >Try Wealthfront – Get $15,000 managed Free Where are we: South Carolina - 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.
4/18/201753 minutes, 36 seconds
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49: How to Make $500K a Year Doing Door-2-Door Sales

Bryan Ravit is a tenacious, 32-year-old salesman who is mastering the art of the selling. For over a decade, Bryan has been doing sales the hard way, cold calling, and door-2-door. He has continuously developed and refined his skill and used it to bounce back from tough financial situations and thrive, really thrive. He is on track to make $500k this year, with most of that coming in just a 7-month window. Bryan started in sales as just a teenager (and was admittedly not very good) and has since learned how to sell to just about anyone, and anywhere. Drop him in any neighborhood in America and he will end the day several thousand dollars richer. He is as ambitious as he is inspiring, helping all types of people learn how to sell and make their own way by watching him do exactly that. This episode proves that there are many ways to make money by investing in yourself and developing skills, even when it can be extremely uncomfortable to start. Sales, especially door-2-door have been around for 5000+ years, and it has never been easier to make big $ apply this skill than in modern day.   Bryan’s info (+1) 850-445-8095 Ravit.bryan@gmail.com Facebook Vivint Smart Homes About Vivint Promo video about the sale position **Vivint was rated as one of FastCompany’s 2017, 50 most innovative companies Discussed: Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK Books: Influence - Robert B. Cialdini Sell or Be Sold - Grant Cardone Cashvertising - Drew Eric Whitman Time Stamps: 04:20 – What makes a good salesman? 06:18 – First sale ever made 09:34 – Overcoming cold call selling 16:50 – Making $45k at Cut Co Cutlery 20:41 – Cold call phone call example 27:26 – Vivint smart homes security 29:08 – Breaking and entering at Sam’s house 33:13 – Choosing clients and fulfilling orders 39:40 – Restricted places for door to door sales 42:55 – Balancing sales and management 44:31 – Sales walkthrough strategy 49:58 – Knowing when to give up 52:28 – Reading body language 53:44 – Getting in trouble with the cops 56:04 – Four characteristics of a good salesman 1:00:20 – Future plans and goals 1:01:30 – Anticipating the real estate market crash 1:04:25 – From zero to $500k per year If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.
4/12/20171 hour, 20 minutes, 59 seconds
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48: Q1 Investment Updates: Invest Like a Boss

It’s the end of Q1 and Johnny and Sam catch up on all things including investment performance, winners and losers, what their Q2 plans are, and major takeaways from the last 3 months of Invest like a Boss episodes. They also reveal and disclose their personal investments and asset allocations including some investments you may not of known about. On this episode, you will also hear about which investments of theirs have recently started cash flowing, clarifications and discussions from previous episodes, and their thoughts on early retirement. Each quarter, the two hosts will maintain an episode in this format to formally catch up on all things personal finance and investing related. We hope you find value in this Q1 update from Invest Like a Boss.   Like these investments? Try them with these special ILAB links: Try ARTofFX – Start a limited account for $5,000 with this link (Unaccredited Investors OK) Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK) Try PeerStreet – Geet a 1% yield bump with this link Try Wealthfront – Get $15,000 managed Free   Discussed: Just bought more facebook stock - Johnny FD Blog Post Digital Nomad Live Talk   Books: Dotcom Secrets  - Russel Branson The 10X Rule - Grant Cardone Rich Dad Poor Dad - Robert Kiyosaki Infantry Attacks - Erwin Rommel The Sale of a Lifetime - Harry S. Dent Jr   Time Stamps: 02:19 - Learning to surf 06:02 - Retiring at a young age 12:34 - Stocks, bonds, and funds 15:48 - Vanguard quarterly income returns 20:37 - Cash investments 22:40 - Wealthfront updates and accounts 28:22 - Fundrise REIT investment cap 30:36 - Maple Tree & Hong Kong storage 35:50 - Lending Club account value 38:14 - Buying a Maserati with foreign exchange trading 44:19 - Sams asset allocation update 53:04 - Future market crash 55:22 - Buying Tesla & Facebook Stock 58:44 - Investing in our health 1:05:25 - Retire and become a millionaire   If you enjoyed this episode, do us a favor and share it! 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.  
4/5/20171 hour, 13 minutes, 33 seconds
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47: CPA to Self-Made, Bryce Leo’s Multi-Million Dollar Crush Empire

Bryce Leo is the 31-year-old owner of Crush Empire, which specializes in online prep courses for advanced education exams. Bryce has a classic hustler story grounded on investing in himself, and one that has evolved quickly over the last 5 years. What makes Bryce so unique is that he started where so many people have been before, out of school with a degree and good career lined up (CPA) and decided to abandon it all to invest in his future and work to live life on his own terms. Most impressive though, is how he is continuously making the decision to reinvest everything back into himself and his business in an attempt to outpace competition and truly innovate in the field. While he had made enough money to retire in his 20’s as only an affiliate, he continues to shoulder more risk and push the limits into new verticals. Where others would get complement with their blossoming earnings, he has scaled his income to now over 6 figures of monthly income. Bryce has an inspiring story that anyone who is interested or already involved in online business should hear. Listen to his full story in this new episode titled CPA to Self-Made, Bryce Leo’s Multi-Million Dollar Crush Empire.   Links: Website Linkedin @CRUSHtheCPA   Clean up Your Inbox Now - SaneBox   Books: Call me Ted - Ted Turner Outliers – Malcolm Gladwell The 10X Rule - Grant Cardone Start Here – Recommended reading Time Stamps: 04:14 – Building a positive work environment 08:45 – DC BKK network 11:45 – Working as a CPA 14:41 – Affiliate marketing niches 18:40 – Making $1,000 a month in Bangkok 27:38 – SEO case studies 35:48 – Affiliate programs growth 44:00 – Virtual reality learning 48:00 – Split testing 52:00 – The future of online education 57:45 – Investing in yourself 1:04:01 – Conferences networking 1:10:20 – Choosing a niche   If you enjoyed this episode, do us a favor and share it! 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.  
3/29/20171 hour, 17 minutes, 13 seconds
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46: Flags Theory, the 5 Flags of Diversification with Lief Simon

Lief Simon is the boss over at Offshore Living Letter, which produces publications and offers services to help people internationalize oneself and their financial interests. He has lived in several foreign countries himself and put his good word to practice in internationalizing his life and assets. There are various reasons individuals should consider planting flags overseas and Lief sits down with us to discuss why it is important. We go into detail on which flag with actionable steps individuals can take to get started on each. Banking, Residency, Citizenship, Asset Protection, and Business Incorporation round out the 5 flags. While internationalizing oneself is not immediately on the minds of everyone, it's important to understand what situations may arise now or in the future that may provide personal and financial benefits to taking active steps. Listen to this full episode for an introductory to Flag Theory with Lief Simon.   Links: Live and Invest Overseas @LiveandInvest Offshore Living Letter @OffshoreLetter >Sign Up for their free newsletter Where are we: Panama - Lief Simon San Diego, CA - Sam Bali, Indonesia - Johnny FD Discussed: Simon Black – Finding Outsized Returns Off the Beaten Path - ILAB 19 Building the Crash Proof Retirement System with Phil Cannella - ILAB 44  Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04 Books: Start Here – Recommended reading   Time Stamps: 02:19 - Traveling the world 03:14-  Offshore living letter 04:45 - Flag theory overview 06:00 - Internet security 07:00 - Bitcoin FBI investigation 07:45 - Offshore banking 15:52 - Foreign residency 18:10 - Best countries for a second residency 22:00 - Tax treaties 26:30 - Citizenship benefits 37:20 - Protecting your assets 41:00 - US based asset held in offshore trust 44:00 - Overseas business incorporation 51:40 - Global conferences 57:34 - Spending money in SE Asia 59:15 - renouncing US citizenship 1:00:49 - Tax exclusion 1:02:29 - Thai elite residency 1:08:56 - Foreign country possibilities 1:14:40 - Opening a company in Belize 1:16:45 - Spending money with no tax 1:19:00 - Protecting our assets   If you enjoyed this episode, do us a favor and share it! 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.
3/22/20171 hour, 24 minutes, 2 seconds
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45: Behavioral Finance and How Betterment is Optimizing Around It

Dan Egan is the Director of Behavioral Finance and Investments at Betterment. He has spent his career using behavioral finance to help people make better financial and investment decisions. Dan is a published author of multiple publications related to behavioral economics. We were fascinated at the prospects of how technology and psychology may be blended to help us as investors make better decisions, and in many ways, make fewer decisions. Dan joins us to talk about his background in the field, analysis of mountains of behavioral data, and how Betterment is optimizing their platform around a very important part of investing – human emotions. Links: WebsiteLinkedin @daniel_eganBetterment archives for Dan Egan > Try Betterment for 6 Months Free with this link Discussed: Betterment CEO Jon Stein: A Decade of Pioneering Robo Advisory - ILAB 22 Sam Mark’s Personal Millions and Show Introduction - ILAB 01 From $1k to Future Millionaire: Johnny FD’s Investments - ILAB 02 From $0 to Self Made, How to 300X Your Investment - ILAB26 Time Stamps: 03:53 - Beginning in behavioral finance 06:50 - Stock market crash 10:20 - Altering decisions from emotion 14:20 - Personality traits for investing 19:00 - Tax impact preview 23:30 - Conservative and liberal taxpayers 26:00 - Buy and hold vs. active manager 28:00 - Getting hired at Betterment 31:00 - The Betterment team 34:44 - Design and user experience 38:00 - Recession and market crisis plan 43:28 - Marketing timing and dips 46:22 - Internal growth vs. the competition 51:20 - Call in advisor service 56:10 - Making quick emotional decisions 59:30 - Anticipating the next downturn 1:00:30 - Investing in yourself 1:06:00 - Surfing in Bali & skiing in Tahoe 1:06:40 - Betterment vs. other Robo-advisors   If you enjoyed this episode, do us a favor and share it! 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.  
3/15/20171 hour, 15 minutes, 2 seconds
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44: Building the Crash Proof Retirement System with Phil Cannella

Phil Cannella is the founder and creator of The Crash Proof Retirement System. The Crash Proof System was born in the ashes of the financial collapse of 2000 and developed to bring consumers a strategy that guarantees preservation of principle while still achieving adequate growth. Phil has been in the insurance industry for a whopping 41 years and got his start and success through endless hard work and hustle, which included nearly a decade of door-to-door sales. Over the course of his career, he has interviewed some of the top financial and political insiders in the world and seen just about everything on Wall Street. We sit down for a rare and extended interview with Phil to get his take on the world markets, investing, work ethic, and of course retirement planning.   Links: Website Facebook @PhillipCannella Phil's bio video Educational Event Teaser WPHT Philadelphia WFTL South Florida -Crash proof retire events   Discussed: Video Testimonials Video of SEC Interview - Playlist Audio file of Jim Cramer Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 4   Time Stamps: 06:23 - World financial crisis 22:10 - $2.8 billion debt crash 30:10 - Insurance industry 33:40 - Fixed annuities 36:20 - ADHD & dyslexia 41:01 - Publically humiliated 45:04 - Pharmaceutical drugs 48:55 - Recession proof investment 54:10 - Annuity growth 1:00:38 - Insurance companies vs. banks 1:15:20 - Life insurance firewalls 1:18:20 - B++ bonds 1:22:10 - Safety nets 1:25:10 - Guaranteed renewable contract 1:37:10 - How to find success 1:40:30 - Crashproof educational process 1:48:48 - Tax-free legacy 1:54:53 - Demographics for fixed index annuities 2:05:30 - Investing in life insurance 2:10:17 - Are fixed rate annuities right for you? 2:12:00 - Greece’s debt 2:12:50 - Education, research, and network 2:14:00 - Interest rates and fees   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
3/8/20172 hours, 23 minutes, 24 seconds
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43: Fundrise eREITs: How to Choose Your Investments with Kendall Davis

Kendall Davis is the All-Star Director of Investments at Fundrise and based in Washington D.C. Since Episode 13 with their CEO Ben Miller, we have made multiple new investments into the Fundrise eREITS. As with other modern investment products, new questions are constantly popping up around the structure of the investment, how it works, and what to expect. Previously, Kendall had fielded several of our questions and helped us grow confidence in our investment selections. We were excited to have her on this new episode to answer a fresh batch of listener submitted questions including some of our own. In addition, Fundrise just announced their own IPO and Kendall discussed what this means for investors and their company.   Links: Linkedin @KendallDavisDC contact@fundrise.com investments@fundrise.com Discussed: Real Estate Investing with Fundrise CEO Ben Miller - ILAB 12 What You Need to Know About Dividend Investing in 2017 - ILAB 42 Time Stamps: 04:39 - Growth REIT pay off 09:40 - Dividend distribution 13:10 - Providing equitable access 15:50 - Choosing a REIT to invest in 19:40 - Tax consequences 21:50 - Tracking the value of assets 26:55 - Unrelated fundamental factors 28:35 - Borning annuities 29:50 - Holding regional funds 32:32 - Fixed rate of return 34:20 - Liquidity options 38:18 - IPO 43:10 - Support Q&A 45:50 - Blocked Paypal account 48:01 - Johnny & Sam’s REIT investment 51:50 - Fundrise service perks 55:10 - IPO details   If you enjoyed this episode, do us a favor and share it! 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.
3/1/20171 hour, 36 seconds
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42: What You Need to Know About Dividend Investing in 2017

Ky Trang Ho is the founder of Key Financial Media LLC which produces marketing content for financial service firms and is a regular contributor to the financial column including a recent article that peaked our interest called What You Need to Know About Dividend Investing in 2017. The Forbes article has some interesting insights that are both exciting as an investor and cautionary. Ky also covers and reviews Shark Tank and had the recent privilege to interview Kevin O’Leary. We sit down to get Ky’s thoughts on the stock market, how to invest in high yielding funds in 2017, and to hear what she personally invests in.   Guest Links - Ky Trang Ho Forbes Contributor -- Investing KeyFinancialMedia.com @KyTrangHo Facebook LinkedIn Where are we: Tahoe, CA - Sam Los Angeles, CA - Ky Thailand - Johnny Discussed: Ky’s recent article in Forbes Kevin O’Leary - OShares Vanguard High Dividend Yield Index Fund ProShares S&P 500 Dividend Aristocrats What Ky Invests in: Fundrise – Invest as little as $1,000 Realty Mogul Books: Start Here - Recommended reading Time Stamps: 02:29 - Key Financial Media 03:18 - Shark Tank 04:20 - Kevin O'Leary 07:14 - Increase your dividends by 5% 09:00 - SMP500 dividend payments 09:50 - Vanguard 4% yield 13:30 - Dow Jones 15,000 15:50 - Dividend paying stock growth 17:30 - Bond market - Donald Trump election 20:00 - High yielding funds 21:21 - Raising interest rates 23:38 - Ky’s portfolio 25:30 - Fundrise investments 29:40 - Realty Mogul REIT 35:00 - Forbes contributors 40:00 - Vanguard small cap stocks 43:20 - Dividend payout 45:30 - Kevin O'Leary investments 48:00 - Recommended readings 51:38 - Sticking to what works 53:30 - Investment hack 55:20 - Stock market crash   If you enjoyed this episode, do us a favor and share it! 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.
2/23/20171 hour, 1 minute, 47 seconds
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41: Brew Johnson: The New Engine Driving PeerStreet and LA’s Hot Tech Scene

Brew Johnson is the Co-Founder and CEO of PeerStreet, a P-2-P lending platform that collateralizes borrowers property to secure the loans with the underlying real estate asset. PeerStreet has been turning on investors to a great asset class once only accessible to banks and institutional investors. We sat down with Brew in their Manhattan Beach offices to hear about how their new backing from Andreeson Horowitz will help them scale and what their plans are for the future. If you haven’t yet listened to Episode 13 with Brett Crosby, be sure to check it out first as it talks more in depth about what PeerStreet is strategies around utilizing the platform.   Links: PeerStreet - Website @brewjohnson - Twitter   Where are we: Manhattan Beach, California   Discussed: PeerStreet vs. Lending Club - ILAB 13 Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04 Exotics Racing  - The Ultimate Supercar Driving Experience Nomad Summit - Successful digital nomad conference Child's Dream - Empowering underprivileged children Book: The Sale of a Lifetime - Harry Dent Time Stamps: 04:01 - Brews nickname 05:02 - Manhattan beach town 06:00 - Best mortgage based city 10:15 - Snapchat’s valuation 12:00 - SpaceX Elon Musk 13:36 - Denmark with family 14:00 - Founding company partnerships 21:21 - Tech & business Co-founders 23:40 - Young entrepreneurs 26:07 - Andreessen Horowitz 32:00 - Company growth 36:40 - Borrowers & Lending Club 40:37 - Loan to value valuation 46:30 - Beach, sharks and board meetings 48:16 - PeerStreet weekly payouts   53:40 - LA’s tech scene 56:00 - Driving a Ferrari 59:40 - Investing 10k in the PeerStreet team 1:06:05 - Short term loan perks 1:14:11 - Empowering underprivileged children   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
2/15/20171 hour, 14 minutes, 23 seconds
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40: Republic.co: Simplifying Startup Investing for Un-Accredited Investors

Republic.co is the official spinoff of AngelList and allows unaccredited investors with the ability to invest in pre-vetted startup companies. Equity crowdfunding presents a new sector of investing that has been a long time in the making, but only recently introduced thanks to the JOBS act in May of 2016. Chuck Pettid, partner of Republic.co joins us to discuss the new opportunity and how their platform is working to simplify the deal terms for investors. We also discuss how Republic sources deals for the platform and bundles the financing into “simplified agreement for future equity” in their Crowd Safe.  This episode is an informative view of how startup and private investing deals are vetted and structured and is valuable at all levels of investment experience. Links: Republic.co - Website @joinrepublic - Twitter @joinrepublic - Facebook Crowd Safe - Calculator Tool @chucksterolove - Chucks Twitter   Where are we: SoHo, NYC - Chuck Pettid San Diego, California - Sam Marks Chiang Mai, Thailand - Johnny FD   Discussed: Indiegogo Co-Founder, Slava Rubin on Equity Crowdfunding - ILAB 32 BeatStars - Indiegogo Equity Crowdfunding WeWork - Coworker   Time Stamps: 05:01 - Chuck’s background 06:05 - Republic.co founder story 08:02 - AngelList’s focus 09:45 - Sourcing deals 17:58 - Funding & valuation caps 22:10 - Investor limitations 26:30 - Start up fund 28:20 - Investor groups 31:30 - Vetting deals 35:00 - Crowd safe 39:19 - Calculator tool 44:50 - Future financing 46:50 - Common questions 53:10 - Investor perks 54:45 - Unanswered questions 1:00:34 - Startup Investments 1:07:01 - WeWork Co-Working   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.  
2/8/20171 hour, 13 minutes, 9 seconds
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39: Harry Dent: Demographics, Bubbles, and The Sale of a Lifetime

Harry Dent is the reigning expert on demographic trends, consumer fundamentals, and bubbles. He is known for his unique research into how demographic and consumer cycles in spending impact our economies around the world. Throughout his long career as an economic forecaster, he has relied largely on demographics as the key indicator of things to come, accurately predicting the Japanese bust in ’89 and the global recession of ’08. His must-read new book The Sale of a Lifetime looks deep into the issues facing the global economy today, why we should prepare and protect ourselves, and how to take advantage of buying assets at fire sale prices. Mr. Dent joins us to discuss his research, bubbles, and why you should be paying attention to demographics now more than ever.   Mr. Dent's Links: Twitter - @HarryDentjr Facebook - @EconomyMarkets Youtube - Harry S. Dent Jr.   Mr. Dent’s Research: Dent Research - Sign up for their free newsletter Harry Dent - Get his new book “The SALE of a Lifetime”   Mr. Dent’s Books: The Sale of a Lifetime (*New book) Demographic Cliff The Great Crash Ahead   Discussed: ILAB 36 – Dr. Daniel Crosby – 10 Commandments of Investing Success   Show Notes: 02:39 - Excerpt from A Sale of a Lifetime 06:00 - Accidental economist 11:28 - Japanese bust in 89’ 16:40 - Next demographic boom 19:20 - Buying stock & real estate 23:27 - Cut tax and spend more 26:04 - Government bonds 30:40 - Deflation and inflation 35:17 - Economy driver and crashes 38:00 - House flipping in California 44:03 - China RMB 47:53 - Should you trust China? 55:36 - Sam's plan for an economy crash 1:00:06 - Johnny’s plan for making a sale of a lifetime   If you enjoyed this episode, do us a favor and share it! 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.
2/1/20171 hour, 11 minutes, 33 seconds
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38: Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit

Chris Dunn is a world-renowned entrepreneur, investor, and educator. He has unique expertise in crypto-currencies that he developed off a background in day trading.  He uses this powerful medium to profit off trades in Bitcoin and other crypto-currencies as well as direct investments in Fin-tech start-ups.  Chris joins us from his base in Austin, Texas to give us his perspective on how the average investor may look to play Bitcoin, what the risks are, how to acquire and store digital coins, and what the future may look like. It is an eye-opening episode and a great intro to the new and complicated category of crypto-currencies.   Chris's Links: Website: Chris Dunn Company: Skill Incubator Twitter: @ChrisDunnTV   Discussed: ILAB 19: Simon Black – Finding Outsized Returns Off the Beaten Path Crypto-Currency Market Capitalizations: Coin Market Cap   Book: Harry Dent: The Sale of a Lifetime   Show Notes: 03:15 - Skill Incubator 04:30 - Traveling 60+ cities 06:16 - Austin Texas 07:11 - Video Podcasting 08:30 - What is Bitcoin & Cryptocurrencies? 12:03 - Blockchain 12:20 - Value of Bitcoin 15:32 - Invest and save capital 18:18 - Flaws and drawbacks 22:10 - Daily exchange and taxes 25:15 - Making a profit 24:48 - Where to buy 30:47 - Public and private key 35:23 - Coinbase 36:10 - Proper trading 39:13 - First-time investment experience 43:40 - Competitors & market caps 46:24 - Gold & precious metals 50:49 - Johnny’s Bitcoin investment 52:42 - How Sam lost $30,000 55:37 - Tesla downpayment 56:08 - Accepting Bitcoin for digital product 57:25 - Banks, large bills & paper money 1:01:00 - Amazon coin 1:05:42 - Paypal’s rolling reserve   If you enjoyed this episode, do us a favor and share it! 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.
1/25/20171 hour, 15 minutes
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37: Alternative Financial Medicine with Dr. Meadows

Dr. Kenyon Meadows is a practicing radiation oncologist and avid investment enthusiast. He is launching a new finance blog called Alternative Financial Medicine and has an upcoming book of the same. The blog focuses on what are called alternative assets. Alternative assets, most broadly defined, are anything other than traditional stocks, bonds, money market and CDs. After watching his mentor’s investment portfolios get crushed right before this planned retirement, Dr. Meadows decided to take a different approach to investing and is putting his experience and material out there to share with us all. He has invested in dozens of modern investment platforms including P2P lending, Forex, Real Estate Crowd funding, and many others. Dr. Meadows joins us to talk about his experience with these platforms, his investment portfolio, and new investment plans.   Links: Alternative Financial Medicine - Download a free chapter of Dr. Meadows upcoming book free book and check out video interviews with alternative asset experts Bigger Pockets - Dr. Meadows recommendation for all things real estate investing and a get knowledge base. Lend Academy  - A great resource for P2P lending recommended by Dr. Meadows Discussed: ILAB 03 - Foreign Exchange Trading with Brian from Art of FX Platforms including: RealtyShares Fundrise RealtyMogul Lending Club PeerStreet Patch of Land P2B Investor Funding Circle Show Notes: 06:28 – Dr. Meadows background 09:00 – Becoming an investor 10:40 – 2008 market crash 13:01 – REIT investments 16:45 – Lending Club bankruptcy 17:50 – Flipping secured properties 18:45 – Receiving double digit interest 23:10 – Puerto Rican bonds 25:00 – Private lending into physical property 27:13 – Locating property 31:30 – Online lending platforms 34:50 – Debt vs. equity risk 37:00 – Sole lender 38:10 – Reality Shares, Patch of Land & Realty Mogul 38:50 – Automating investments 40:20 – Deals gone bad 45:46 – Short term high-interest loans 48:00 – Earning 7% 50:15 – Non-accredited investors 52:30 – Allocation asset classes 54:50 – 2017 investment plans   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.
1/18/20171 hour, 17 minutes, 19 seconds
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36: Dr. Daniel Crosby – 10 Commandments of Investing Success

Daniel Crosby is a PHD, and Psychologist, and behavioral finance expert who helps organizations understand the intersection of mind and markets. He joins us on this episode to discuss the 10 commandments of investing success he outlines in his New York Times Best-Selling book titled “The Laws of Wealth: Psychology and The Secret to Investing Success”. In this episode, we learn from Dan’s experience and research while drilling down on finance through the lens of psychology. We also learn about Dr. Crosby’s perspective on the financial advisory industry, where it is going in the future, and how robo-advisors are changing the marketplace.   Twitter: @danielcrosby Daniel’s firm: www.nocturnecapital.com   Books: Dr. Daniel Crosby: The Laws of Wealth Robert B. Cialdini - Influence   Robo-Advisors If you guys are interested in Betterment or Wealthfront (Robo-advisors) you can try them for free with our links below. Betterment – get unlimited funds managed free for 6 months Weathfront – get up to $15,000 managed free with this link   Youtube Video Presentation:     The Ten Commandments: You control what matters most. You cannot do this alone. Trouble is opportunity. If you’re excited, it’s a bad idea. You are not special. Your life is the best benchmark. Forecasting is for weathermen. Excess is never permanent. Diversification means always having to say you’re sorry. Risk is not a squiggly line.   Show Notes: 05:20 - Apply social science to improve money management 06:40 – Financial advisor’s future 07:20 -  Control what matters most (1) 09:12 – You can not do this alone (2) 14:50 – How to choose a financial advisor 18:37 – Trouble is opportunity (3) 24:30 – Being excited is a bad idea (4) 26:45 – You’re not that special (5) 28:55 – Your life is a bench mark (6) 32:00 – Ease of access to trading 34:20 – Forecasting is for weathermen (7) 38:15 - Diversification means always having to say you’re sorry (9) 39:16 – Excess is never permanent (8) 43:10 – Risk is not a squiggly line (10) 45:01 – Daniels personal portfolio 46:20 – Robo-advisor vs Financial advisor 53:20 – The best investors are the lazy ones 54:40 – Being a better goalie 58:00 – When the stock market crashes 1:03:00 – Sams big secret 1:06:20 – Facebook stock   If you enjoyed this episode, do us a favor and share it! 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.
1/11/20171 hour, 19 minutes, 23 seconds
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35: Inflation, Wealth Management, and Scotch

Dave Siegel is a Financial Advisor from Northwestern Mutual who focuses on holistic Wealth Management and Financial Planning. He joins us together from his office in West Palm Beach, Florida to discuss 14 different asset classes and how inflation may affect each one. Looking to protect your assets from a hyperinflation scenario? We discuss the best investments and ways to hedge against inflation.   Dave's Links:   Website Linkedin   Recommended Books:   G. Edward Griffin: The Creature from Jekyll Island Benjamin Graham: The Intelligent Investor Tonny Robbins: MONEY Master the Game MJ Demarco: The Millionaire Fastlane   Discussed:   ILAB 34: New Years Resolutions, Goals, Plans for 2017 ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities ILAB 19 – Simon Black – Finding Outsized Returns Off the Beaten Path   Show Notes: 05:00 – Dave’s background 06:30 – Learn your customer's blueprint 09:15 – Maintain your income 12:40 – Scotch 14:05 – Inflation for individuals & government 16:13 – Stocks 18:49 – Bonds 19:22 – Real estate 21:30 – Driving down Palm Beach 23:30 – Charity walk across Ireland 24:30 – Offset the tax burden 25:15 – REIT pros and cons 28:48 – Precious metals 29:50 – Cash and emergency funds 34:00 – Distribution problem 36:00 – How advisors get paid 38:50 – Inflation protection securities 41:20 – Peer to peer loans 42:30 – Annuities and life insurance 50:00 – Brewery success 55:30 – Weight loss 57:15 – Cryptocurrency 59:00 – Sam’s fitness tips 1:00:20 – Rare art, cars, and domain names 1:01:50 – Life insurance 1:11:00 – Johnny’s plan for inflation 1:12:50 – Internet bank 1:14:45 – Christmas in Cuba with no money 1:22:30 – Sam’s Inflation concerns 1:24:35 – Fundrise fixed variables 1:26:40 – Inflation protection options 1:27:50 – Vanguard bond funds 1:29:00 – iTunes shout outs!   If you enjoyed this episode, do us a favor and share it! 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.
1/4/20171 hour, 32 minutes
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34: New Years Resolutions, Goals, Plans for 2017

Johnny and Sam recap an incredible year in 2016, having both traveled to 17 countries they share some of the key takeaways from their experiences. They also discuss their favorite books from 2016 and their resolutions and goals for themselves as well as plans podcast for 2017. It's been an amazing year, thanks to everyone for sharing the journey and supporting Invest Like a Boss this last year.   Recommended Books: MJ DeMarco: The Millionaire Fastlane Meb Faber: Global Asset Allocation Yuval Noah Harari - Sapiens: A Brief History of Humankind G. Edward Griffin: The Creature from Jekyll Island Dan Buettner: The Blue Zones, Second Edition Benjamin Graham: The Intelligent Investor Mike Cernovich: Gorilla Mindset Grant Cardone: The 10X Rule   Discussed: KoHub Coworking - Koh Lanta Johnny's article on Sam's walk around Koh Samui   Johnny's Article - 17 Country's Visited, 17 Lesson's Learned   Sam's Bucket list (crossed out things that he has finished)   Make it Happen List: Before 30   Show Notes: 02:23 - What’s this episode about 03:15 - 17 countries, 17 lessons learned 04:14 - Texas tax residence 06:15 – Vietnam wedding 07:45 – Tahoe and walking across Ireland 12:00 – Skiing in Bulgaria or Poland 15:00 – Central America retreat 18:30 – Driving around Vietnam 20:35 – Siberia by train 21:15 – Recapping 2016 goals 22:00 – Koh Samui walk 24:50 – Inspiring 10x rule 27:25 – Developing a gorilla mindset 29:01 – Arnold Schwarzenegger biography 30:38 – Paleo blueprint 31:25 – Longest living people in the world 33:45 – Stellenbosch South Africa 35:01 – Sapiens the future of Earth 38:10 – The Creature of Jekyll Island 38:48 – Modern Investing Books 41:21 – Master book reading 44:00 – Invest Like a Boss Podcast goals 50:33 – Thank you! 51:19 – Becoming a millionaire & 6-pack abs 54:30 – Paperwork, quiet time and financial goals 57:00 – 3,000 Co-working spaces around the world 1:00:00 – Black diamond skiing   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2016. All rights reserved. Read our disclaimer here.
12/28/20161 hour, 4 minutes, 3 seconds
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33: Brett Owens, 3 Recession Proof REITs to Buy Now

Brett Owens is the Chief Investment Strategist of Contrarian Outlook and a regular contributor to Forbes investment column. In the flagship publication the Contrarian Income Report,  their focus is secure yields of 6% or better with price upside. As the name implies, they take a contrarian approach to the markets in order to find value (in the form of secure high yield) where headline-focused investors often miss out. Brett was recently featured on CNBC Asia where they discussed new infrastructure plays and joined us on the podcasts to do a dedicated episode on REITs after we read his article in Forbes 3 Recession Proof REITs to Buy Now. Brett's Twitter: https://twitter.com/brettowens Forbes Article – 3 Recession Proof REITs to Buy Now     Where are we: Sam – Playa Del Carmen, Mexico Brett – Sacramento, California    REIT Recommendations: OHI – Omega Healthcare Investors SBRA – Sabra Health Care O - Realty Income PSA – Public Storage   Free Dividend Stock Report: 7 Great Dividend Stocks for a Secure Retirement   Recommended Book: Tonny Robbins - MONEY Master the Game   Discussed: ILAB 12 - Real Estate Investing with Fundrise Ceo Ben Miller ILAB 07 - Building Hong Kongs Biggest Self Storage Business   Show Notes: 04:15 – Californian wine and day trips 06:00 – REIT fundamentals 07:18 – Acquire physical property 11:40 – Recession proof REITS 14:00 – Leverage levels 19:05 – Rising interest 20:30 – Long-term dividend growth 23:31 – When making an investment 26:00 – Getting started 29:01- Reality income 30:35 – Paying monthly dividend 31:45 – Public storage 33:50 – National retail properties 35:35 – Sabra health care 39:31 – Raising interest rate 40:50 – Brett’s personal portfolio 43:00 – Private REIT offering 44:45 – 7 dividend growth stocks 54:22 – IRA & REIT fund changes 57:00 – Capped investing funds 1:01:00 – Buying REITs   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
12/21/20161 hour, 6 minutes, 56 seconds
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32: Startup Crowdfunding with Indiegogo Co-Founder, Slava Rubin

Slava Rubin is the co-founder and Chief Business Officer of Indiegogo. Along with his position on the Board, Slava is responsible for innovation and growth at Indiegogo. He also represented the crowdfunding industry at the White House during the signing of the JOBS Act and has played a crucial role in working with the White House and the SEC to finalize the rules and regulations for equity crowdfunding. Slava joins us on the show to discuss Indiegogo’s new collaboration with MicroVentures and release of “equity crowdfunding”. This is huge news to the industry and game-changing events for investors looking to invest in private deals using the Indiegogo platform.   Equity Crowdfunding on Indiegogo https://equity.indiegogo.com/ https://twitter.com/Indiegogo Where are we: Sam – Playa Del Carmen, Mexico Slava – New York, New York Discussed: ILAB 06 - Invest in Yourself to Startup an Award Winning Brewery ILAB 05 - Planning for Retirement Show Notes: 06:00 - 4 reasons why people give money 07:37 - Signing the Jobs Act by President Obama 09:20 - Microventures partnership 10:43 - Investor limitations 12:19 - Creating for user base 13:55 - Applying to Indiegogo 15:00 - User participation 16:27 - Paperwork and contracts 16:55 - Tracking companies progress 17:19 - Product offering campaigns 20:00 - Non-accredited and non-US options 23:21 - Investing $300,000 in a startup 25:02 - Yearly Investment cap 27:00 - Crowfall video game 30:00 - ILAB potential startup investment 34:00 - Washington DC women's brewery 35:35 - Play and possible game ball 36:38 - Beatstars social marketplace 41:00 - Simplified Agreement for Future Equity 45:00 - Paperwork, checks and signatures 48:00 - iTunes reviews If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
12/14/201650 minutes, 13 seconds
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31: The Landlord: How I Acquired 485 Properties in 12 months

This episode is going to make you stand up or sit down, whatever the opposite is of what you are currently doing. “The Landlord” is famous in Real Estate investing circles. He is the real-life story of Rich Dad Poor Dad mixed with a twist of the hard knock life. Growing up in bad neighborhoods and learning to hustle out of necessity to survive at as early as 14, The Landlord became a master of many crafts, especially in Sales. His ever-persistent attitude led him in a financial quest into different markets and eventually real estate. Learning a unique angle in acquiring properties, he was able to build a private property empire in 12 months. Through his career in real estate, he has amassed an experience, lessons, and stories that are priceless. This episode is tremendously entertaining and has some big value takeaways. This is the ultimate story of hustle.   Where are we: Budapest, Hungary   Recommended (books, subscriptions): Robert Kiyosaki - Rich Dad Poor Dad   Show notes: 01:35 – Introduction to The Landlord 02:45 – Collecting rent in urban areas 06:15 – Selecting security detail 07:15 – Early stories of the Landlord 08:00 – With only a 6th grade education 10:00 – Hustling in the streets 13:25 – Starting his first business 15:30 – Doing a deal with overstock.com 16:20 – Doing the sales calls yourself 17:25 – 10,000 hours of cold calling 20:00 – Getting through to the executives 22:00 – Hustling for the small sales, not just the big ones 23:35 – Transitioning into liquidation sales 27:00 – The Landlord’s first property 30:15 – Real estate auctions 38:00 – Gun shots in low-income neighborhoods 41:15 – Cash flows of properties 46:45 – Managing day to day drama 51:10 – Evicting 2,000+ tenants 54:00 – Scaling the company   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!   
12/7/20161 hour, 14 minutes, 35 seconds
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30: 10 Modern Investment Performances Reviewed with Johnny FD & Sam

A great recap of some of the key learnings of the podcast to date. We dive into 10 investments Johnny and Sam have made recently through the learnings of the podcast. Vanguard, PeerStreet, WealthFront, ArtofFX, Betterment, LendingClub, Drop Shipping stores, Fundrise, physical property, REITs plus few extras are all reviewed, along with opinions, and likes and dislikes of each investment. With 30 episodes under their belt, the guys aim to rebuild their portfolios for 2017.     Discussed: ILAB 13 - PeerStreet vs. Lending Club ILAB 12 - Real Estate Investing with Fundrise CEO Ben Miller ILAB 03 - Foreign Exchange Trading with Brian from Art of FX ILAB 15 - Meb Faber on Building The All Seasons Portfolio ILAB 23 - From $0 to Self Made, How to 300X Your Investment ILAB 26 - Rob Kall Zero to One : 3 Exits for Over $100m   Show Notes: 02:00 - Peerstreet 3-month earnings 05:30 - Loan to value & interest changes 08:20 - Six figure sushi meetup 12:00 - Yielding 11% with Fundrise 14:00 - Fundrise liquidation process 15:15 - Diversifying income and growth REIT’s 19:00 - Uncredited investor options 21:10 - Netting 5.09% adjusted annual return 22:00 - 309 notes with Lending Club 24:00 - Defaulting on loans 25:30 - E-Trade yield ups and downs 26:45 - Senior housing investments 30:00 - Blackberry and Exxon stocks 35:27 - Making $12,000 in investment returns 37:30 - Avoiding tax on short term capital gains 40:00 - 35% returns with Forex trading 48:30 - Sep IRA & Wealthfront 51:00 - Should you invest in bonds? 53:50 - Betterment vs. Wealthfront fees 56:00 - Starting 10 dropship stores 1:03:00 - Nomad Summit 2017 Ted X style 1:05:00 - Owning real estate in Thailand 1:10:00 - Sam’s fitness routine   If you enjoyed this episode, do us a favor and share it! 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.
11/30/20161 hour, 14 minutes, 9 seconds
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29: Predicting, Trading and Profiting from Trump’s Victory

Christopher O’Donnell is the Founder and Investment Manager of hedge fund Automatic. Automatic generates risk managed superior returns by using automated trading systems and trading special circumstances. Christopher has reviewed over 6,000 automated trading systems and has developed a proprietary selection criteria for choosing profitable trading systems. Christopher correctly predicted Brexit and Trump’s POTUS victory, and profitably traded both special circumstances. On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”.  We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4 On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”.  We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4th, 2016.   On this episode you’ll hear from Chris himself on:  - Chris’s trading business and how it's relevant to his   predictions  - How he predicted Brexit in the past  - Where he gets is Intel and data  - How long he had been predicting this election?  - At what point did he see a definite Trump victory?  - When and how he positioned his trades  - How did the trades work out- What is the next big event he will be predicting?  - What is the next big event he will be predicting?   For more about Chris: Christopher O’Donnell is the Founder and Investment Manager of hedge fund Automatic. Automatic generates risk managed superior returns by using automated trading systems and trading special circumstances. Christopher has reviewed over 6,000 automated trading systems and has developed a proprietary selection criteria for choosing profitable trading systems. Christopher correctly predicted Brexit and Trump’s POTUS victory, and profitably traded both special circumstances. On this episode, we discuss Christopher’s article “Trump Will Win and How To Profit”.  We drill into Christopher’s predictions on Brexit and Trump, trades made to capitalize on Trump’s win and the next big special circumstances event, the Italy Referendum on December 4th, 2016.   Chris' Links: Chris’s article “Trump Will Win and How To Profit”    Discussed:  Brexit the Movie: https://www.youtube.com/watch?v=UTMxfAkxfQ0   Show Notes: 03:20 - Starting a British hedge fund 06:00 - Automating coding strategy trading 08:01 - Risk tolerance 10:45 - Predicting Brexit 14:45 - Shy Trump supporters 18:45 - Announcing presidential election 21:01 - Why Chris chose Trump 24:45 - Liberal bias in the mainstream media 28:00 - Making profitable trades 33:00 - NY Times predicts Trumps victory 37:38 - Forex leverage trading USD to Yen 40:30 - Future referendum predictions 46:45 - Real Estate predictions after the election 50:00 - Sailing the Caribbean 51:50 - Wealthfront & VTI investment update   If you enjoyed this episode, do us a favor and share it! 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.
11/23/201654 minutes, 56 seconds
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28: RealtyShares CEO: The Future Landscape of Real Estate Investing

Nav Athwal is the very impressive founder and CEO of RealtyShares, a leading online marketplace for Individual and Institutional Investors to securely invest as little as $5,000 into private real estate investment properties all across the USA. Investments are offered by pre-vetted real estate borrowers and companies looking to raise debt or equity capital for their projects in as little as 10 days. Nav joins us to discuss why he started RealtyShares and the impressive path of the business from start-up to leader. The real estate investing landscape is changing, giving everyday investors more access to better deals previously only accessible to people in the know. Nav gives us his view on why technology and real estate now make the perfect intersection for investors seeking yield in one of the world’s oldest asset classes, and what the landscape may look like in the future.   Relevant links: Website: https://www.realtyshares.com/ Linkedin: https://www.linkedin.com/in/navathwal Twitter: https://twitter.com/RealtyShares *Be sure to also check out the RealtyShares Podcast     Where are we: Sam - Punta Cana Dominican Republic Nav - San Francisco   Discussed: RealtyShares (realtyshares.com) is the leading online marketplace for investing in private real estate deals.  Invest in professionally vetted properties for as little as $5,000 per investment. You can try it for free with this link: Realtyshares   Show Notes: 00:40 - What is RealtyShares? 01:48 - Pinterest and Airbnb startups prior to Realty Shares 03:10 - The best things to do in San Francisco 05:20 - Launching Realty Shares in 2013 07:10 - Raising capital through the platform 11:45 - Debt, equity and diversified real estate 13:30 - Hot markets for yield opportunity 15:30 - Changing the nature of investing and real estate 18:48 - Two limitations to investing through Reality Shares 20:00 - Debt and equity deals process 23:30 - Relying on Sponsorship to manage deals 25:37 - Expected returns within 3-5 years 26:30 - Making your first investment 28:30 - Hitting our funding goal 29:50 - A debt deal case study 34:00 - The future of Reality Shares 36:45 - Investing $1.5 billion in real estate tech startups 40:38 - Tesla stock and venture opportunities 44:55 - 152 page tax return 47:00 - Sam's debt or equity deal 49:36 - Holding index funds, Trumps reaction 55:21 - RealtyShares signup process   If you enjoyed this episode, do us a favor and share it! 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.
11/15/20161 hour, 15 seconds
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27: DoughRoller, Robo-Advisors and Tax Loss Harvesting

Rob Berger is the man behind DoughRoller.net. We’ve appreciated his material over the last year and found his research and content on Robo-advisors particularly pertinent to our recent discussions. Jon Stein came on the show back in episode 22 to discuss Betterment, and we wanted to get Rob’s take on the benefits of Robo-advisors like Wealthfront and Betterment. On this episode, we compare the top 2 leading Robo-advisor platforms and discuss the pros and cons of tax-loss harvesting, the overall value of this automated feature, and which type of accounts it is most effective in. Relevant links: Blog - http://www.doughroller.net/ Linkedin - https://www.linkedin.com/in/bergerra Twitter - https://twitter.com/Doughroller/media Where are we: Sam – Florida Rob – Virginia Johnn FD - Chiang Mia Discussed (relevant links): Free spreadsheet - A tool Rob uses to track his portfolio performance Investing in gold and Silver - Buying gold and silver bullion a smart move ILAB 22 -Betterment Ceo Jon Stein a Decade of Pioneering Robo Advisory ILAB 15 - Meb Faber on Building the All Seasons Portfolio Show Notes: 06:00 – Robs Portfolio with Betterment, Wealthfront and Vanguard 08:15 – Life strategy fund vs. target date retirement fund 11:05 – Tax loss harvesting long-term benefits 22:48 – Index fund Low cost passive investing 24:21 – Wealth Front vs. Betterment 27:29 – Rob’s personal investment allocation model 28:50 – Is owning gold and silver a productive asset? 32:50 – Investing in one platform consistently 34:17 – Pricing fees with Wealth Front and Betterment 36:00 – Auto saving money since 18 years’ old 40:00 – Vanguard vs. Robo-advisory 42:00 – Presidential election 2017 Trump vs. Clinton If you enjoyed this episode, do us a favor and share it! 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.  
11/8/201646 minutes, 59 seconds
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26: Rob Kall Zero to One - 3 Exits for Over $100m

Rob Käll has achieved the real American Dream. He immigrated from Sweden in his early 20’s wanting to become a Rockstar in Miami. But this dream was short-lived and he quickly pivoted into start-ups as a technical talent. Over the course of 10 years, he went on to apply lessons from a failed start-up he was employed at to building 3 businesses and selling them for a total of close to $100 Million. In this episode, Rob takes us through his path and how the exits came about. We also learn about his perspective and the difference in being a start-up founder and a senior executive for a public company, and key lessons he learned to apply to his businesses that help them become successful where others failed. Uninterested in retiring, Rob has now founded his next company in his new field he is passionate about – Artificial Intelligence. Rob’s Links Linkedin - https://www.linkedin.com/in/robertkall Twitter - https://twitter.com/robertkall Where are we: Sam – Florida Rob – Barcelona, Space Recommended: Losing My Virginity – Richard Branson How To Get Rich – Felix Dennis Art of the Start – Guy Kawasaki The 4 Hour Work Week - Tim Ferriss Discussed: http://www.cien.ai/ - Rob’s new Artificial Intelligence start-up https://www.realpage.com/ - Property management software and rental housing management solutions https://www.coworker.com/ - Find your perfect coworking space in 100+ countries Show notes: 04:40 - How Rob and Sam met 04:21 - Start up space in Barcelona 06:06 - Becoming a rockstar in the U.S. 07:13 - Coding for a corporate company 11:55 - Starting a real estate technology company 15:35 - Buying the company and creating an exit 16:33 - Working as an Executive at eNeighborhoods 22:20 - Taking the next step towards a CEO 23:40 - Tracking and owning you KPI 24:40 - Building a partnership with Tripadvisor 33:10 - People, Process and Product 34:40 - Advice for aspiring startup entrepreneurs 35:20 - Hiring quality employees 36:40 - Investing in real-estate and coworker.com 39:40 - Dealing with difficult situation 41:40 - Sales Productivity 43:00 - Working in alignment with core values If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
11/3/201655 minutes, 20 seconds
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25: Paul Merriman: 12 Investment Decisions Guaranteed to Change Your Financial Future

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
10/26/20161 hour, 34 minutes, 3 seconds
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24: Financial Samurai, Sam Dogen Zero to One

Sam Dogen from Financial Samurai is one of the premier bloggers and names in self-made success. His blog www.FinancialSamurai.com provides actionable advice in living responsibly, making smart financial decision, and steps to accumulating wealth for an early retirement. Sam is a guy who transitioned from corporate America, to going out on his own starting with a blog and parlaying his success into other investments to build several income streams. He reached retirement just a few years after at the age of 34, and now enjoys living on the West Coast, playing tennis, and advising FinTech companies. We were pumped to get him on the show to tell his story, his advice, and how he sees the world now being retired in his 30s.   Relevant links for guest: Sam’s Twitter Sam’s Blog   Recommended (books, subscriptions): Sam Bogen - Financial Samurai: Slicing Through Money's Mysteries Sam Bogen - How to Engineer Your Layoff eBOOK   Discussed (relevant links): I'm a strong believer in Stealth Wealth! http://www.financialsamurai.com/the-rise-of-stealth-wealth-guide-to-staying-invisible-from-society-rage/ How Much Can You Really Make Blogging For A Living - http://www.financialsamurai.com/blogging-for-a-living-how-much-can-you-really-make-online/  How To Build A Stronger Brand For Your Blog Or Career - http://www.financialsamurai.com/how-to-build-a-stronger-brand-for-your-business-blog-and-career/ Investment Strategies For Retirement Based On Modern Portfolio Theory - http://www.financialsamurai.com/investment-strategies-for-retirement-based-on-modern-portfolio-theory/ Never Quit, Get Laid - http://www.financialsamurai.com/dont-get-fired-or-quit-get-laid-off-instead/   Time Stamp - Topic:   07:40 - The #1 place for digital nomads 11:20 - How Sam retired by 34 15:50 - Investing $3k in the stock market 22:00 - Making $1,200 on a personal blog 26:00 - Quitting a multiple Six figure income 29:30 - Negotiating a severance 30:50 - Working as a full-time blogger 32:00 - Active / passive investments 35:15 - Does $75,000 a year equal optimal happiness? 38:20 - Changing the asset allocation model 46:00 - Thoughts on Robo-advisory 49:50 - Favorite asset class to build wealth 54:15 - Tracking net wealth and income stream 55:30 - Retired life after financial independence 59:40 - Advice to obtain financial freedom   If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! 
10/10/20161 hour, 11 minutes, 54 seconds
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23: From $0 to Self Made - How to 300X Your Investment

In this episode we do a much anticipated deep dive into co-host Johnny FD’s personal story on how he got started by investing in himself way before he ever bought REITs or ETFs. Most importantly how he made his first dollar even before what he's already shared. He talks about the life lessons he learned from his parents, his first job and how all of that played a part in preparing him for success.    Relevant links for guest: JohnnyFD.com http://antonmethod.com/   Where are we: Sam - Graz Austria Johnny – Chiang Mai Thailand   Recommended (books, subscriptions): Johnny FD - LifeChangesQuick.com Johnny FD - 12WeeksinThailand.com Tim Ferriss – 4 Hour Work Week   Discussed (relevant links): Johnny FD: MVP Hacking - Minimum Viable Product (2016 Nomad Summit) -https://www.youtube.com/watch?v=mi926o5rlFA Digital Entrepreneur Conference - Nomadsummit.com Muay Thai Blog - Myfightcamp.com Broke? Here's How to Start Making Money Online!   ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites
9/30/20161 hour, 15 minutes, 47 seconds
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22: Betterment CEO Jon Stein: A Decade of Pioneering Robo Advisory

Jon Stein is the very popular CEO of Betterment, a platform that is pioneering “Robo-Advisory” and a listener favorite. In fact, the term “Robo-Advisory” was one of the reasons we wanted to start the podcast. When we first heard about Betterment, it was clear a new modern era of technology and investment advice was now available. Aside from the platform itself, we wanted to hear about Jon’s story and why he started Betterment. And a very inspiring one it is. Betterment has been in the works for almost a decade. You’ll be intrigued to hear how and where it got started, and what the future holds.  Jon’s -  LinkedIn Betterment account sign up - For every friend who funds, you get 30 days free, and each friend gets 6 months free. Meb Faber on Building The All Seasons Portfolio - ILAB 15 Money master of the game - Tony Robbins Time Stamp: 03:00 - Starting Betterment in New York City 05:30 - John’s personal story behind Betterment 11:20 - Launching Techcrunch Disrupt 16:00 - Transitioning away from using financial advisors 18:00 - Staying the course during a decrease in market value 19L50 - Growth and infrastructure over the next few years 22:40 - Active vs. passive - Evidence based 25:00 - Opportunity for international investors 27:00 - Being an emotional or physiological advisor 31:10 - Benefits for active and engaged investors 34:00 - John’s advice to his younger self 34:53 - Sam’s investments in Betterment 38:38 - Two side effects to robo-advisor 44:50 - The downside to Vanguard 49:00 - Removing emotion to prevent a loss 55:00 - Why is Betterment right for you
9/23/201658 minutes, 46 seconds
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21: Silver Bullion CEO: Why and How to Buy Precious Metals

Gregor Gregersen is the Founder and CEO of Silver Bullion in Singapore. It’s a state of the art facility that is truly innovating the category through transparency, technology and cost efficiency. If you do nothing else with this episode, checkout the video loop here of the Silver Bullion “Safe House”, you’ll be impressed. Gregor had an interesting experience during the 2008 financial crisis that led him to starting Silver Bullion that is a fascinating story in itself. On this episode we compare different ways to buy and sell gold, what types of mints and coinages are most common, the comparison of holding physical gold at home or abroad, Singapore as a safe have, and evaluate a few of the systemic risks that face the global today. We also discuss the unique and intriguing P-2-P lending platform that Silver Bullion created where loans are secured by the borrowers precious metals. No matter what your experience in purchasing precious metals has been in the past, there will be something you can take away from this episode. Relevant links for guest: Silver Bullion   Recommended: Currency Wars –James Rickards  Discussed (relevant links):   The Safe House (video) US Gold Confiscation in the USA Show notes: 02:00 – Why did Gregor get into precious metals business 05:12 – Gold nationalization in Western Nations 05:50 – A history on the gold standard 08:10 – Systemic risks in the global economy 10:30 – Comparing the different ways to buy and sell precious metals 12:50 – What precious metals does Silver Bullion sell 13:50 – Why the name Silver Bullion 14:30 – When did Gregor buy his first piece of bullion 15:55 – Living through the financial crisis as a trader 16:30 – Starting the storage component of Silver Bullion 19:30 – Creating consumer transparency in Silver Bullion 21:00 – Different mints and coinages 23:45 – Gregor’s favorite mint to purchase 26:34 – A 1000 oz bar! 27:35 – Why Singapore as a safe place to store metals 28:37 – Singaporean politics 35:00 – Trust, confidence, and security in Singapore 35:00 – Caning in Singapore! 39:05 – At what point does it make sense to use Silver Bullion 40:45 – Quarterly audits of the inventory 41:45 – Minimum buys at Silver Bullion 42:30 – A walk through the buying process at Silver Bullion 44:50 – Overview of storage capabilities 48:00 – Fees for storage 51:40 – The liquidity in selling gold held at Silver Bullion 53:15 – P-2-P lending through Silver Bullion (Asset backed) 57:05 – Collateralizing the debt in a conservative way 58:20 – Who can lend money on the P-2-P platform 1:01:25 – Who can open accounts with Silver Bullion? 1:04:30 – Shipping the gold overseas from storage 1:03:00 – Summary of owning precious metals and systemic risks 1:03:45 – Where does Gregor invest his money 1:10:40 – See Silver Bullion for yourself! If you enjoyed this episode, do us a favor and share it! 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.
9/14/20161 hour, 4 minutes, 1 second
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20: Glints Co-Founders: Mastering Early Stage Start-Up Investing

If you have ever wondered how a start-up goes from a concept to raising venture capital, than you’ll love this episode. Glints, one of Singapore’s hottest start-ups is fortunate to be driving down a the dream start-up path: from finding an early investor, to joining an accelerator programme, to raising a seed round of investing, finally to closing a larger Series A financing round…all while growing their team from the 3 founders to now more than 20 people in Singapore and Indonesia. The Glints co-founders join us on the show and share their grand experience on determining valuations, finding investors, structuring the deals, and raising money. Glints Glints.com  Recommended: Tesla, Space X and the Quest for a Fantastic Future – Elon Musk Discussed (relevant links): The Hub Coworking Space JFDI Accelerator Personality Test   Show notes: 01:20 – Founders story before starting Glints 01:45 – How Glints was started 05:16 – The early vision for Glints 06:30 – Joining an accelerator 08:30 – Taking their first angel investments 12:30 – Deciding on Ivy league school vs. Glints 13:30 – Dropping out of school in the USA to pursue Glints 15:15 – Demo day 16:25 – Coming up with a valuation for seed round 17:20 – What were you looking for in your early investors? 17:25 – Fundraising advice 18:30 – Finding a lead investor 24:00 – Inside the Glints office 26:00 – Expansion into Indonesia 29:00 – Financial growth + Series A 30:00 – Difference in Seed and Series A investment 32:00 – Increasing my investment in the Series A 35:45 – Entrepreneur to investor 37:40 – VCs vs. Angel Investors 40:00 – How to get involved in the start-up scene 41:50 – Using the Series A funds for expansion  If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!
9/8/201645 minutes, 32 seconds
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19: Simon Black - Finding Outsized Returns Off the Beaten Path

Simon Black is the owner and figurehead of the popular publication Sovereign Man. We have been following Simon’s advice and putting it into practice for years, and had the opportunity to have a conversation with him geared toward investing. Appropriately labelled “Finding Outsized Returns Off the Beaten Path” this episode focuses on how Simon utilizes his vast world experience (now visited over 120 countries) and enviable network to find investment opportunities around the world. From precious medals & Bitcoin, to agricultural projects and start-ups, Simon is about as well diversified as someone could get and his investment views are shaped through more experience that anyone could hope to obtain in a lifetime… or 2. Relevant links for guest: Website – Sovereign Man YouTube – Sovereign Man HQ Twitter – The Sovereign Man Where are we:  Sam – Lviv, Ukraine Simon – Santiago, Chile  Recommended (books, subscriptions):  Adventure Capitalist – Jim Rogers Emergency – Neil Strauss Discussed (relevant links): August 2016 Income Report – Johnny FD Peer Street vs. Lending Club – ILAB 13 with Brett Crosby Time Stamp – Topic: 03:00 – Catch up about Chile 08:25 – Simons annual travel schedule 10:00 – Finding unique opportunities through boots on the ground 12:00 – Jim Rogers’ inspiring travel 14:30 – Simon’s background in Intelligence 15:00 – The importance of personal freedom 17:50 – Simon’s view on owning precious medals 23:05 – Liquidity in physical gold bullion 25:00 – What mint or coinage is the best to acquire? 26:30 – Purchases larger balls vs. smaller coins 28:45 – When do you own too much of something? 29:40 – How to purchase gold around the world 32:15 – Bitcoin vs. precious medals 33:00 – Where to hold Bitcoin 36:15 – Why you may not want to trust your bank 37:15 – Simon’s Sovereign Academy 40:00 – Where does Simon invest his money 41:00 – Why are private businesses great assets to own 44:00 – The power of network and connections 46:00 – The skill of investing 48:25 – Types of businesses Simon likes to invest in 50:30 – Control vs. dependence in business ownership 52:00 – Deal flow and private company management 53:30 – Invest in things you understand 54:45 – How can we invest along side of Simon 56:30 – Do things that make sense no matter what 58:15 – Finding out more about Simon and his investment approach If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
9/2/20161 hour, 5 minutes, 44 seconds
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18: How to grow your IRA/401k to $100m tax free like Mitt Romney

Joshua Sharp of www.CompleteIRA.com is one of the most highly touted experts in retirement planning and investing. He turns the topic of retirement planning into a very exciting episode by illuminating some modern approaches to investing and growing wealth within tax free structures. We dive into how Mitt Romney was able to generate $100m in tax free earnings in his IRA, and most importantly navigate some real world examples to give the listeners a shrewd example of how they may consider better structuring their own accounts. If you have ever wonder how IRAs, 401Ks, SEPs and a variety of other structures may be utilized to optimize your retirement savings than this is a great episode for you. We took a lot away from this episode and are making changes in our own retirement planning.  Relevant links for guest: www.completeira.com  For a 15% discount at Complete IRA for Invest Like a Boss listeners go to www.completeira.com/ilab Where are we:  Sam – Kiev, Ukraine Joshua – Portland, Oregon Additional Links: Turn $50k into $3 Million with SEP-IRAs – ILAB 05 Time Stamp – Topic: 02:45 – Fundamentals of retirement planning 06:00 – Why retirement accounts are not for everyone 07:30 – 401Ks are a safer structure than IRAs 08:25 – IRA vs 401K fundamentals 14:00 – Investing in yourself for retirement 17:55 – Solo 401Ks for earned income savers 20:00 – Diversifying your retirement accounts 25:35 – Utilizing multiple retirement accounts 31:37 – Traditional vs. ROTH 34:20 – Why traditional accounts may be a gamble 39:25 – Converting traditional funds to a ROTH account 43:50 – Keeping structures simple 45:25 – Will the Government mess with our retirements? 52:40 – A self directed IRA gives you a lot of investing flexibility 1:01:15 – How Mitt Romney grew his IRA to $100m 1:06:30 – Ditch your SEP for a Solo 401K 1:14:00 – Is there a minimum age for retirement plans? 1:21:00 – advice for employees with earned income If you would like to take advantage of a special offer with Josh for Boss members only please visit: https://completeira.com/ilab/ If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
8/25/20161 hour, 29 minutes, 47 seconds
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17: Top 12 Investment Tips: Learning from Episodes 1-16

With 16 amazing episodes under the belt of Invest Like a Boss, Sam and Johnny sit down and discuss the top 12 takeaways and how they have applied this learning to their own investment strategies and overall portfolios. Some major investment vehicles reviewed in previous episodes include investing in stocks, Peer to Peer Lending, asset allocation models, REIT's, Tony Robbins all seasons portfolio, annuities, and tax free IRA investing. Listen to the end of the episode to hear an update on our current portfolio's and possible future guests on our show. Where are we: Odessa, Ukraine What we are drinking: Sam – Corona with ¼ lime Johnny – Beer “Lada brand Bar”  Recommended: Timothy Ferriss – The 4 Hour Work Week Robert T. Kiyosaki – Rich Dad Poor Dad Mebane Faber – The Intelligent Asset Allocator Discussed: Reccomend Investment Platforms & Books – Resources Page Travel Like a Boss – Ep 125 – Budget Traveling and Bulgaria & Ep 126 – Recorded in No Man’s Land $25 Amazon gift card instructions – Bonus Show notes: (01:30) 1. Investing in stocks long term is not risky e. 16 (03:20) 2. P-2-P works much better when there is an underlying asset e. 13 (05:43) 3. Don’t obsess about asset allocation models, but be disciplined in sticking to it e.15 (08:56) 4. REIT investing is awesome, and low cost models like Fundrise may be the future e.12 (11:07) 5. Investing in yourself is the surest way to make exponential returns e.1, e.2, e.6, e. 7 (14:10) 6. Using leverage can get you rich, and also in a lot of trouble.  e.4, e.7, e. 14 (16:50) 7. Tony Robbins All Seasons – good, but not perfect e.15 (19:27) 8. Annuities can help you sleep at night, AND the grow tax deferred e.4 (22:00) 9. Low cost funds/implementation are more important the optimizing asset allocation e.15, e.16 (25:08) 10. Do not re-balance your portfolio around what is currently working e.15 (27:58) 11. Invest Tax Free for retirement with a Roth IRA e.5 (31:54) 12. The internet holds many untapped investment gems for us to stay close to e. 10   (34:50)   – Sam’s recent investment activity in REIT’s, Peer Street and Vanguard (36:14)   – Johnny’s recent small cap stock, Lending Club and Forex investment (42:20)   – Future guest to be on the show (42:55)   – iTunes review thank you shout outs   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
8/17/201645 minutes, 35 seconds
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16: William Bernstein: Lump Sum Investing vs. Dollar Cost Average

William Bernstein is a financial theorist, neurologist and Best Selling author of several books, including one of our favorites, The Intelligent Asset Allocator. He shows independent investors how to build a diversified portfolio without the help of a financial advisor. In this episode we talk the possible risk tolerance of an all stock portfolio and what age you should be when investing. We discuss major advantages and disadvantages of lump sum investing over a dollar cost average approach especially over a 12-month period. Lastly the importance of knowing financial history to choose the best time to buy stocks and how it correlates with GDP. Listen to the end to hear Williams advice he would like to give to his younger self and other inspiring investors.  Relevant links for guest:  Williams Website – http://www.efficientfrontier.com/ Where are we: Sam – Bangkok Bill – Portland, Oregon Recommended Books: William Bernstein – The Intelligent Asset Allocator William Bernstein – The Four Pillars of Investing: Lessons for Building a Winning Portfolio William Bernstein – A Splendid Exchange: How Trade Shaped the World William Bernstein – The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between Discussed (relevant links): Modern Portfolio Theory – http://www.efficientfrontier.com/ef/996/basics.htm Efficient Market Hypothesis – http://www.efficientfrontier.com/ef/700/studio54.htm The Bernstein Portfolio model – http://www.efficientfrontier.com/ef/996/cowards.htm Do not dollar cost average for more than 12-months – http://www.efficientfrontier.com/ef/997/dca.htm Time Stamp – Topic: 06:00 – How Bill got into finance 06:45 – A quantitative approach to finance 07:15 – The Intelligent Asset Allocator 08:15 – Modern portfolio theory 10:35 – The Bernstein asset allocation model 11:50 – Dialling up the stock exposure 12:15 – Stocks vs. bonds 13:00 – Risk tolerance 15:00 – Why stocks can be toxic in retirement 16:00 – Buying the basic asset allocation of funds 17:20 – The importance of sticking with an allocation 20:40 – Rebalancing your portfolio 22.15 – Simple vs. highly diversified portfolios 23:00 – Lump Sum investing vs. Dollar Cost Averaging 27:30 – The psychological part of investing 28:32 – Do not dollar cost average for more than 12 months 30:50 – What DCA buys you insurance against 32:00 – The importance of financial history 33:55 – GDP is not always correlated with stock returns 36:00 – What does Bill wish he knew 40 years ago 37:20 – Bill’s advice to young people   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
8/10/201640 minutes, 23 seconds
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15: Meb Faber on Building The All Seasons Portfolio

Meb Faber is one of our hero’s in Finance. A high energy straight shooter that is highly explorative and analytical. He gave up his skis to catch the surf in Manhattan Beach while co-founding his company Cambria Investments Management. Many of our listeners already follow Meb through his blog, podcasts and many books, and had to chance to catch up with him about modelling an “All Seasons Portfolio”. Originally introduced by BridgeWater’s Ray Dalio, the investment allocation was once again hyped up in its reintroduction of Tony Robbins new book Money Master the Game. Meb has researched and compared dozens of the most coveted asset allocation models dating back to the early 1900’s and we wanted to see how the All Seasons Portfolio stacked up against others like the Perfect Portfolio, and the 60/40. This episode is perfect for anyone looking to learn how to model a buy and hold portfolio and learn more about how today’s economic environment may give clues to future investment performance.   Links for Meb: http://mebfaber.com/ Cambria Investments Twitter Where are we: Sam – Singapore Meb – Manhattan Beach Recommended:  Money Master The Game – Tony Robbins The Ivy Portfolio – Meb Faber Global Value – Meb Faber ShareholderYield – Meb Faber The Intelligent Asset Allocator – William Bernstein Triumph for the optimists – Elroy Dimson, Paul Marsh, Mike Staunton Demographic Cliff – Harry Dent Discussed: The Idea Farm The All Seasons Portfolio – Ray Dalio David Swenson Risky Party 160% model – Global Market Portfolio The Capitalism Distribution (Longboard) Vanguard Betterment Some awesome links to Meb’s content: Tony Robbins All Season Portfolio Risk Parity Model (*watch the first video) Asset Allocation Strategies (*our favorite article) Global Asset Allocation  (*get Meb’s book free) Meb’s Podcast Timp Stamp – Topic:  09:20 – How Meb got into finance 10:15 – Starting up Cambria 11:00 – 1500 blogs in 5 years 14:00 – Traditional investment advice vs. modern 14:45 – Modelling a portfolio for the future 16:40 – Having an appreciation for history 17:45 – The world’s investment Gurus 19:10 – Comparing 6 great portfolio models 20:45 – Why low cost fees make a huge difference 21:45 – Why buy and hold allocations don’t matter as much 22:50 – Japan’s market was flat for 2 decades 26:22 – Foreign markets are reasonable or really cheap 28:27 – What does risk parity mean? 31:30 – The simple takeaway of risk parity 32:00 – Negative interest rates 32:30 – Will bond rates continue to rise? 33:45 – Why high yield stocks are now dangerous 42:00 – Where REITs stand at the moment 35:00 – How models performed in the inflationary 70’s 36:20 – Reviewing the ALL Seasons Portfolio 37:14 – “Go enjoy your Summer” 38:25 – Being asset class agnostic 39:00 – Home country bias 40:00 – Dollar weighted vs. time weighted returns 41:33 – Advisor value, talking you out of emotional moves 42:25 – Investment timelines 43:40 – Dliving through a bear market 44:45 – Designing a model for the future (Global Market) 45:50 – The Trinity Portfolio 48:40 – What is exciting about Emerging Markets 48:00 – Small Cap growth prospective 50:00 – The capitalism distribution 51:50 – Meb’s opinion on Robo Advisors 53:50 – Robo-Advisors in bear markets 54:45 – Why it’s a great time to be an investor 55:25 – Personal finance vs. investing 56:45 – How about TIPS? 58:55 – WWIII investment planning 60:00 – Final thoughts portfolios for the futures If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
8/2/20161 hour, 4 minutes, 58 seconds
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14: Real Estate Investing Advice: 1-5 Properties

A deep dive into real estate investing with the host of the Australian Property Podcast, Jonathon Preston. At age 29, JP has already acquired 5 properties in Australia’s hot Real Estate market and is mastering the art of financial leveraging to continue to grow his portfolio. He started with a single 15% down payment on a single property and in only 4 years has been able to use that to scale and generate more and more cash flow. We dissect his strategy in actionable steps for anyone to take and explore fundamentals of real estate investments including yields, applying for loans, property rights, cash flows, and market intelligence. JP’s story follows the steps outline in one of our favourite books Rich Dad, Poor Dad and is proof that with good execution you can start in real estate from just about nothing and grow your wealth fast. Relevant links for guest: JP on LinkedIn The Australian Property Podcast Where are we: JP – Sydney Sam – Singapore  Recommended: Robert Kiyosaki – Rich Dad, Poor Dad Steve McKnight – From 0 to Financial Freedom: How To Do It Today! Steve McKnight – From 0 to 130 Properties in 3.5 Years Steve McKnight – From 0 to Financial Freedom: How To Do It Today Steve Mcknight – From 0 to 260+ Properties in 7 Years Steve Mcknight – $1,000 in Property in One Year Time Stamp – Topic:  02:45 – How JP got started in property investing 05:20 – Purchasing his first property 06:10 – Leveraging other equity to get a loan 08:00 – Australia property market strength 09:00 – How loan assessments work 12:00 – Qualifying people for loans 13:00 – How JP acquired properties 2, 3, and 4 16:30 – On-going management of the properties 20:00 – Refinancing to make raise more money 21:30 – How JP learned what he knows 23:45 – What happens in a AUS recession? 25:45 – Property acquisition goals 29:00 – What JP looks for in a new property 32:00 – Emerging markets in Asia 33:00 – Rich dad, poor dad 33:45 – Sam’s property investments in Thailand 40:05 – Guarantee 7% return investment properties 41:35 – Property rights AUS vs. Thailand 45:00 – Ownership of Thai properties 50:25 – Carrying costs of properties 53:45 – Our next moves in property investing 57:15 – REIT investing as an alternative 1:01:00 – JPs investment property investing advice – Play in a market close to home – Buy something you are familiar with – Look for scarcity – Look for an area where incomes have the potential to increase If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
7/28/201659 minutes
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13: PeerStreet vs. Lending Club

Interview with PeerStreet's co founder and COO, Brett Crosby which is the Peer-2-Peer lending platform that secures the loans against the borrower’s real estate. PeerStreet is unique in that to date they have never experienced a default, and have loan terms of under 12 months compared to other platforms that have minimums of 3 years. Brett and his Co-Founder Brew Johnson have the perfect background of experience between law, tech, and real-estate. In fact, Brett was the brains behind Google Urchin, which was acquired and became Google Analytics. In this episode we discuss how the P-2-P lending space is changing, and how technology can enable more efficient deal flow and better lender-borrower matching. Enabled by sophisticated technology, PeerStreet uses Big Data to cross reference over 20 years of submarket data in order to vet and stress test each loan. We also do a deep dive into our 16 loan positions we currently have invested through the platform and what we can expect as an investor. The episode represents a great learning opportunity on the types of modern investing opportunities that we are passionately looking to discover and share. *since we recorded the podcast, PeerStreet did have to finally file a notice of default on a loan, but still has zero losses to date. Relevant links for guest: Twitter LinkedIn About the PeerStreet team  Where are we: Brett – Manhattan Beach, California Sam – Singapore  Recommended:  Get a 1% yield bump on your first loan with this invite  Discussed (relevant links): PeerSteet Explainer Video PeerStreet website AlphaFlow Time Stamp – Topic: 02:45 – Initial investment into Lending Club 08:00 – Pausing automated investing in Lending Club 12:30 – Available investment PeerStreet dashboard 17:00 – Sam’s PeerStreet investment strategy 22:30 – What PeerStreet is 23:45 – About the turmoil in the lending P-2-P lending industry 24:30 – Why PeerStreet is a better asset class than Lending Club 27:20 – PeerStreet advantages over other platforms 28:40 – First lien definition 31:45 – What happens in the case of a default 34:30 – What attracted Sam to PeerStreet 35:15 – Brett’s background at Google 36:15 – Technology enabled advantage 36:30 – How PeerStreet was co-founded 37:15 – What is under the hood of PeerStreet? 39:15 – Vetting loans through technology 40:00 – Using Big Data to stress test loans 41:45 – Peer-2-Peer lending bubbles? 42:00 – Loan to Value ratios 43:00 – Valuing the properties through 3rd parties 44:00 – What markets are hot on PeerStreet? 45:45 – Details on Sam’s account on PeerStreet 48:00 – The beauty of robo-investing 49:30 – How and when yields are paid out 51:10 – Loans through the platform 52:30 – Strategy to utilize on PeerStreet 54:00 – Brett’s recommendation for getting started 59:20 – Ways to find out more about PeerStreet 59:59 – Get in contact with PeerStreet support If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
7/19/20161 hour, 2 minutes, 31 seconds
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12: Real Estate Investing with Fundrise CEO 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.
7/15/201655 minutes, 43 seconds
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11: Advice for 17-24 Year Olds on Money, College, Credit and Finances

In this episode we provide key solutions from leveraging debt and how to use credit, owning stock, real estate, the purpose of college, the benefit of traveling and most importantly why you should start your very own business. We also discuss the importance of experience and how using an internship and mentor can allow you to learn and network properly to more effectively invest and launch a successful business for yourself today. Relevant links for guest:  Boss Lounge Contact Us Where are we: Johnny FD – Berlin Germany Sam -Singapore Recommended (books, subscriptions): Brian Jimmerman For Ex Trading – ILAB 03 Kevin shee REITS  – ILAB 07 Robert Kiyosaki – Rich Dad Poor Dad & Cashflow Quadrant  MJ DeMarco – Millionaire Fast Lane George S. Clason – Richest Man in Babylon Tony Robbins – Master Money the Game Discussed (relevant links): $25 Amazon Gift Card Contest Time Stamp – Topic: 01:00 – Learning financial mistakes from our parents 05:55 – Opening a bank secure credit card at 17 10:30 – Leveraging debt and credit usage 15:18 – Introduction to money and income 17:45 – Tips on investing in real estate 21:50 – Learning expense reports and P&L management 26:00 – Tony Robbins Master the Game review 29:10 – Biggest first investment mistakes 31:50 – Owning Disney stock 36:00 – How we would reinvest $10k at 17 years old 38:00 – Investing in yourself is the greatest investment 43:00 – The value of college internships & mentors 53:00 – Getting arrested 4 times in college 57:50 – Why should you start your business today 1:03:00 – Traveling the world with a purpose 1:06:00 – Earn an income while living your passion If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.  
7/12/20161 hour, 11 minutes, 28 seconds
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10: Empire Flipper’s CEO: Investing in profitable, cash flow websites

Joe Magnotti is the founder and CEO of Empire Flippers. Since they launching a few years ago they have successfully sold several thousand websites over their p-2-p market place. Empire Flippers only sells profitable, cash flowing websites that are typically in the range of $5,000 to $1,000,0000. Joe discusses with us how they set valuations in the marketplace, trending niche categories such as Amazon FBA, and why 40% of the marketplace buyers are repeat customers. We also take a deep dive into 3 sites currently listed including specifics on revenue, maintenance, and future growth prospects. This episode gives us a unique look into modern investing and is particularly appealing for anyone who is interested in internet commerce. Relevant links for guest: Empire Flippers Website – https://empireflippers.com/ Twitter – https://twitter.com/EmpireFlippers Facebook: https://www.facebook.com/EmpireFlippers/ Joe Magnotti Facebook: https://www.facebook.com/magnotti Linkedin: https://www.linkedin.com/in/josephmagnotti Where are we: Sam – Singapore Joe – Manila, Philippines  What we are drinking: Sam – water (nursing hangover from night before) Joe – San Miguel Light Recommended (books, subscriptions): Empire flippers Podcast MONEY Master the Game Discussed (relevant links): AdSense site, Finance niche (investing) been around almost 8 years, making $1,230 a month net – $44,288 Amazon Associates site, sport niche (golf), been around 2 and ½ years making almost $3,200 a month net –$79,790 Service based site delivering a small gift, been around 5 and ½ years making almost $8,200 a month – $237,196 Jon Haver’s site Website buyer type profiles (which one are you?) Empire Flippers Valuation Tool Accredited investor definition Webfolio Management – Invest in internet business fund ILAB 02 – Dropshipping TLAB 115 – Selling my store for $60k Boss Lounge – Facebook Show notes: 04:00 – Difference between Dropshipping and Amazon FBA 11:00 – How to find a buyer through a website broker 12:45 – Can you auto pilot your online business 13:30 – Selling my dropshipping business for $60k 24:11 – Intro starts 24:45 – What is Empire Flippers 26:30 – Number of sites sold through Empire Flippers 27:50 – Price range of sites on market place 28:45 – Determining profitability of website cash flows 29:45 – Vetting process 31:00 – Determining multiple and valuation 34:40 – Trending sites right now 36:45 – SaaS valuations 38:20 – Redundancies of sites revenues 41:15 – Seeing thousands of profitable websites 42:00 – Types of buyers in marketplace 44:30 – Getting into Amazon FBA 48:50 – Buying first building a business 49:20 – Determining profitability of the website 50:30 – Repeat buyers 51:50 – Reviewing 3 sites currently for sale 53:00 – Buyer due diligence 54:45 – Setting up process to support the business 54:45 – Starting their internet investment fund 56:30 – Vetting accredited investors 57:00 – Future expansion of the fund 59:30 – The future of Internet commerce If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
7/8/20161 hour, 16 minutes, 18 seconds
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09: Sam and Johnny's Investment Updates July 2016

Sam and Johnny Share their July 2016 portfolio  including Wealthfront, Lending Club, Betterment, PeerStreet, REIT's, Foreign Exchange, stocks and index funds. As Johnny travels through Europe he talks about why he cancelled his auto investment with Wealthfront, direct Vanguard deposits and wiring $10k to Brian at the Art of ForEx. Sam reviews his back up plan if Lending Club goes bankrupt and why his Wealthfront account is crushing over his Vanguard and Etrade accounts. We also talk recap some highlights of the past 8 episodes and what to expect going forward. Lastly we discuss the incredible value having access to multi- million dollar investors in the Boss Lounge. We would also like to thank everyone thus far for participating in the ratings and the review section of iTunes and also listening and joining us on our investment journey. Relevant links for guest: Boss Lounge Contact Us Where are we:  Sam – 6:00pm – Singapore, Singapore Johnny – 10:30 am – Lisbon, Portugal What we are drinking: Sam – Water (detox) Johny – Café Americano (Expresso with sugar on the side) Recommended (books, subscriptions): Tony Robbins – Master Money the Game Johnny FD – Life Changes Quick Discussed (relevant links): $25 Amazon Gift Card Entry MapleTree REITs Public Storage Extra Space PeerStreet Lending Club Vanguard Betterment Wealthfront Empire Flippers Glints SmartMat SC Storage Time Stamp – Topic 02:00 – Adjusting to the Millionaire Lifestyle in Singapore 03:00 – Beautiful Lisbon at an affordable price 06:30 – Expenses vs. Income while traveling 08:10 – Cancelling $1.5K auto investment with Wealthfront 08:55 – Saving money with betterment fees 12:00 – Investing with Vanguard directly 13:00 – High risk rating with stocks and index funds 16:45 – Time weighted returns / Money rated return 18:00 – Access to multi- million dollar investors in the Boss Lounge  20:00 – Pausing the dividend reinvestment with Lending Club 23:00 – Wire transferred $10k to Brian at ForEx trading 26:30 – Emailing screenshots of our investment dashboards 27:00 – Creating buy orders through Vanguard 31:00 – Sam’s Wealthfront is crushing Vanguard and Etrade accounts 34:42 – $17K year to date in Vanguard account via dividends 35:30 – What if Lending Club goes bankrupt? 39:00 – Fix income with public property REITS through Mapletree 42:00 – Reinvesting in Glints start-up 43:00 – Full recap on the previous 8 episodes 48:45 – Expecting great guests on future episodes 51:00 – Reading reviews and ratings from iTunes 53:40 – Giving away a $25 Amazon gift card If you enjoyed this episode, do us a favor and share it! 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.
7/5/201655 minutes, 59 seconds
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08: Peer to Peer Lending Strategies & Structuring Atypical Investments

Mario has been Sam's personal CPA since 2013 and has him structured dozens of atypical investments. Having filed thousands of tax returns in his careers and created and reviewed countless financial models, Mario has unique insight to the investing world. Sam and Mario discuss P-2-P investment strategies, gambles in property investing, the importance of cash flow historically and in modern times, and structuring new investments in the portfolio. Relevant links for guest: Mario’s firm – http://greenhausriordan.com/ Linkedin – https://www.linkedin.com/in/mario-v-lucibello-cpa-38258415  Where are we: Mario – Connecticut, USA Sam – Singapore What we are drinking: Sam: Penfold’s Magill Estate Shiraz 2013 (9pm ICT) Mario: WL Welling Bourbon (9am EST) Recommended (books, subscriptions):  Book: Demographic Cliff by Harry Dent Discussed (relevant links): PeerStreet Lending Club Vanguard Betterment Wealthfront Empire Flippers Glints SmartMat SC Storage MapleTree Time Stamp – Topic 05:30 – Setting up investments structure 06:30 – Automated reporting vs. manual reporting investments 09:00 – Tracking investments over multiple years 12:00 – PeerStreet – investment opportunity 12:30 – Lending Club & P-2-P lending strategies 15:55 – New PeerStreet investment & discussion 20:20 – Liquidity in P-2-P lending 22:50 – Loan-To-Value ratios 26:50 – Personally guaranteeing loans 30:30 – Mario’s investment insight from being a CPA 32:50 – Making money (or losing) in real estate gambles 34:00 – The importance of fixed income in property investing 39:00 – Investing in the S&P 500 42:00 – Demographics in investing 46:00 – Empire flippers – digital product investment fund 54:00 – Mario’s upcoming property investment 57:00 – Investing in property vs. REITs 58:00 – Why Mario is bullish on residential rental investments 1:03 – Sam’s new investment activity recap – Glints – Black Hops Brewing – SmartMat – SC Storage – MapleTree Reit’s 1:17:00 – Don’t forget your reporting! If you enjoyed this episode, do us a favor and share it! 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.
6/27/20161 hour, 17 minutes, 40 seconds
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07: Building Hong Kong's Biggest Self Storage Business

Kevin Shee went from jobless to building one of Asia's largest private self storages business's in 15 years. SC Storage now is the largest Self Storage company in Hong Kong and expanding rapidly into new markets. Kevin & Sam discuss the financial wizardry behind the business model, the joint venture they co-own in Hong Kong, and investing in US and Asia storage REITs for great yields and recession proof earnings. Relevant links for guest: Kevin on Facebook Kevin on LinkedIn Kevin’s business SC Storage Where are we: Kevin – Hong Kong Sam – Singapore Johnny – Lisbon  What we are drinking: Sam –  Hibiki Harmony Master Selection Recommended (books, subscriptions): Book: The Richest Man in Babylon Discussed (relevant links): MapleTree REITs Public Storage Extra Space Time Stamp – Topic: 10:22 – How Kevin become the Father of Self Storage? 12:45 – Spotting the opportunity in self storage 14:45 – SC Storage market share in Hong Kong 16:10 – Is Self Storage recession proof? 17:10 – Playing the property market in Hong Kong 17:55 – Typical size of an SC Storage location 18:10 – My investment with SC Storage 20:00 – Leveraging debt to maximize return on capital 21:25 – Getting loans from banks 24:20 – Competition leeching on corporate strategy 26:15 – SC Storage in acquisitions 26:55 – SC storage expansion into new markets 28:20 – The growth in storage internationally 28:55 – Breakeven point in operating a storage premise 29:30 – The network effect of more locations 30:15 – Potential exit strategy considerations 31:00 – Micro-markets, the next opportunity 33:15 – Investments in REITs 35:15 – REITs in a recession 37:30 – REIT markets USA vs. SG 41:00 – How to invest in Storage REITs 44:20 – Big Data in storage businesses 46:00 – Sam’s investments in REITs 47:50 – Kevin’s investment strategy 49:10 – Investing with reputable people 51:30 – How Kevin gets deals under market value 53:00 – Find out more details on Kevin and SC Storage If you enjoyed this episode, do us a favor and share it! 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.
6/22/201655 minutes, 48 seconds
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06: Invest in Yourself to Startup an Award Winning Brewery

Dan Norris, co founder of WP Curve, talks about how he and his team raised enough capital in order to sell his award winning craft beers in just two years. With the helping hand of finance from the first ever crowd-funded brewery campaign via Pozible, together with the backing of a small handful of astute investors, and one very supportive landlord they were able to launch June 18th, 2016.  Dan’s Word Press business – http://wpcurve.com/ Dan’s website – http://dannorris.me/ LinkedIn – https://www.linkedin.com/in/thedannorris Twitter – https://twitter.com/thedannorris Facebook – https://www.facebook.com/dannorrisinformly Where are we: Dan – Gold Coast, Australia Sam – Singapore Johnny – Lisbon, Portugal What we are drinking: 9am – Starbuck’s lattes Recommended: 7 Day Startup  Discussed (relevant links): Dynamite Circle Black Hops Brewing The Black Hops Podcast Glints Ballast Point Brewery Time Stamp – Topic 07:20 – Background as an entrepreneur 17:12 – Other investments Dan has done 18:00 – Thoughts on angel investing 18:50 – Why Dan likes being an entrepreneur 19:50 – Adding value to private investments 24:00 – Passive vs active investing choices 25:30 – Black Hops Founding 27:30 – Early branding and home brewing 28:85 – $0 investment to get started using friends equipment 30:00 – Beer selection and awards 32:15 – Contract brewing 33:30 – Decision to raise money 36:20 – Time and effort in fundraising 38:00 – My attraction to Black Hops 39:00 – Craft beer industry 43:30 – Coming up with a valuation 48:00 – How to determine value of startups 54:00 – What Dan would do different with raising capital 58:11 – How the paperwork and structuring was facilitated 59:00 – Getting a hold of Dan If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!    Copyright 2016. All rights reserved. Read our disclaimer here.
6/21/20161 hour, 6 minutes, 11 seconds
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05: Turn $50k into $3 Million with SEP-IRAs

David Steiner reaches out to Johnny FD about his recent $60k windfall after selling his dropshipping store last month. David as over 22 years of experience in a wide variety of business and information technology environments including over 17 years of SAP, 15 years of SAP Business Warehouse and 3 years of BusinessObjects. In this episode we talk about how to safety plan a retirement portfolio over a 15-20 year period to produce maximum profit. Contact David – LinkedIn Roth IRA Potential Return – IRS Government Gift Tax Issues – IRS Government SEP Plan FAQ’s – IRS Government Vanguard Predictions – Spreadsheet Time Stamp  Topic (00:03:30)       Obama’s “MY IRA” Plan (00:06:00)       Paying Taxes on a $60k Paycheck (00:11:40)       David’s Qualifications and Expertise (00:14:35)       Moore’s Law with Small Companies (00:16:45)       Sector Funds with Vanguard (00:18:00)       S&P 500 and Total Stock Market Index (00:21:00)       Small Company Index Mutual Funds over 30 Years (00:24:30)       Equity and Keeping Expenses Low (00:25:30)       When the Market Drops over 5% (00:27:45)       Big Risks in Energy Market Funds (00:29:10)       Fifteen Year Retirement Plan (00:30:00)       College Financing Options (00:31:52)       Obama Care – Healthcare Savings (00:37:50)       Up to $54K in a Tax Deferred Investment (00:42:00)       Roth and Traditional IRA’s Options (00:47:00)       SEP Withdrawal Fee’s (00:51:00)       Turn $50k into $3 Million (00:58:00)       Certified Financial Planners for Professional Advice (00:59:00)       Real-estate and Sector Funds with Vanguard If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!  Copyright 2016. All rights reserved. Read our disclaimer here.
6/13/20161 hour, 4 minutes, 47 seconds
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04: Stan's Brutally Honest Factual Expertise About Annuities

Stan The Annuity Man, a.k.a. Stan Haithcock, is a nationally recognized expert on annuities known for his transparency, honesty, and endless research. He started out trading millions at the World Trade Center and now 100% of his portfolio is invested in his unique approach to annuities. In this episode we talk about the low risk options for long term investors that want to know their income stream 20 years from now. We also talk about fixed interest, stock market risks and what you should know before investing your money with other agent companies. Stan’s Website – Stan The Annuity Man Stan’s Contact info – http://www.stantheannuityman.com/about-stan-the-annuity-man/contact-us/ Time Stamp Topic (00:01:00) Worked at World Trade Center (00:02:00) #1 Annuity Agent in the U.S. (00:02:19) Contractual Guarantee’s (00:03:40) Roman History (00:04:08) P.I.L.L Categories (00:05:50) Life Insurance (00:09:23) Fixed Index (00:13:43) Interest Rates (00:17:45) Downside Risk Protection (00:22:00) Texas Creditor Protection (00:24:00) Lifetime Income Stream (00:25:00) FDIC Insurance Limit (00:27:58) Flash Boys Michael Lewis (00:32:00) Park your Money (00:34:00) Annuity Risks (00:37:20) Department of Labor : Fiduciary (00:38:00) IRS: 1035 Transfer (00:39:00) Fixed Interest (00:40:50) Social Security / Pension (00:42:40) Stock Market If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!  Copyright 2016. All rights reserved. Read our disclaimer here.  
6/13/201645 minutes, 8 seconds
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03: Foreign Exchange Trading with Brian from Art of FX

Brian Jimerson, founder of Art of FX learned how to trade foreign exchange currency while homeless and living in his car. It was there while stealing Wi-Fi from Panera Bread he made his first million dollars with FX trading. In this episode we talk about how ForEx can for everyone, how Sam Marks got 30% returns last year when all of his other returns were flat, and how using leverage will maximum your return on investment. We also talk about the actual time and hard work it requires to make up to 200 trades per day and overcome a loss of $1 Million dollars. Where are we: Bangkok, Thailand (Brian’s Penthouse) What we are drinking: Johnny Walker Platinum Label  Relevant links for guest: Brains Website: Art of FX Live Trade – Trading View Wealthfront Time Stamp Topic (00:01:18) What is ForEx Trading (00:01:50) Buy Euro’s with U.S Dollar (00:04:00) Foreign Currency Exchange (00:05:00) Tesla Stock (00:06:01) Commission Sales (00:07:20) Using Leverage (00:09:55) Seven TV Screens (00:10:43) Meeting in Bangkok (00:12:35) Art of FX Intro (00:13:40) Homeless (00:14:01) Making First Million Dollars (00:15:00) Johnnie Walker Platinum (00:16:05) VP of Onnit Labs (00:18:00) Oklahoma National Championship (00:18:35) Living in Bangkok (00:23:45) High Risk High Reward (00:22:25) Losing $1M in 10 Seconds (00:28:00) Learning Investments (00:31:07) Leveraging Accounts (00:33:50) Money Management (00:36:00) Biggest Trade Ever (00:36:12) 200 Trades Per Day (00:37:50) The Dream Client (00:39:47) Technical Analysis (00:40:34) Traders Vs. Investors (00:42:10) Sleeping an Hour a Night (00:43:30) If I die (00:44:50) Tesla Stock (00:46:00) Know when to Fold (00:47:30) Wolf of Wall Street (00:49:20) Overcoming a Loss (00:51:20) ForEx Trading 101 (00:56:35) Gambling with $10k (01:01:50) Wealthfront Auto Investment (01:04:05) Profit Shares (01:05:45) Minimize Risk (01:08:00) Becoming a Trader (01:10:15) Personal Investment % (01:11:11) Oil Industry (01:13:55) Live Trading If you enjoyed this episode, do us a favor and share it! 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.
6/13/20161 hour, 15 minutes, 39 seconds
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02: From $1k to Future Millionaire: Johnny FD's Investments

Just three years ago Johnny FD had less than $1,000 in his bank account. Today his net worth is over $300,000. In this episode, he breaks down exactly how he grew wealth and shares his private investment portfolio.  Johnny’s First Book – Life Changes Quick Charles Schwab ATM Card – How to not get F*cked by your Bank when Traveling Facebook Stock – How I made a ton of Money with FB How I Invest my money Blog – Six Steps Wealthfront Tony Robbin – Money Master of the Game   Time Stamps: 10:33 - Tesla Stock 11:28 - Lending Club 20:25 - Vanguard 25:45 - S&P-500 30:07 - Cash Reserve 31:46 - All Seasons Portfolio 35:00 - Buy Orders 41:35 - Wealthfront 59:39 - Money Masters of the game 01:00:00 - The Millionaire Lifestyle   If you enjoyed this episode, do us a favor and share it! 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.
6/13/20161 hour, 5 minutes, 34 seconds
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01: Sam Marks Personal Millions + Show Introduction

This episode is an overview of what the new Invest Like a Boss Podcast is all about, transparency, new modern day investments, peer to peer lending, firing your financial manager and using robo investing, mastering the investment game and to start it all off, we're talking about where co-host Sam Mark's personally invests his millions. Sam Marks Tony Robbins – Money Master of the Game Sam Marks - imsammarks Instagram Nomad Speech 2016 - Building a $100 Million Dollar Company   Time Stamp Topic (04:18)             Peer to Peer Lending (06:40)             Weathfront (09:30)             Insurance Annuities (11:23)             Windfall (18:56)             Capital Gains (20:30)             Hard Work / Loyalty (27:35)             Diversify Mistakes (29:07)             Home Owners Association (30:50)             Maintain Wealth (32:15)             Financial Advisers (33:08)             Wealthfront (34:30)             Vanguard (35:10)             Stronghold (37:14)             S&P-500 (39:12)             Fixed Income (43:22)             Multiple Businesses (44:52)             Up Front Taxes (45:38)             Selling A Business (46:40)             Financial Wins (48:44)             Business / Philanthropy (50:40)             Stellenbosch South Africa (54:30)             2016 Nomad Summit Speech If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.
6/13/201657 minutes, 26 seconds