115: 2019 Financial Resolutions, Life Plans and Updates

Invest Like a Boss

English - January 27, 2019 18:26 - 1 hour - 71.1 MB - ★★★★★ - 478 ratings
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Previous Episode: 114: Opportunity Zones – Dissecting the Opportunity in O Zones, with Eddie Lorin

Next Episode: 116: Bob Sapp - MMA, Entertainment, and Financial Planning for Athletes

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

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