119: Q1 2019 Review, Sam & Johnny’s New Investments and Update

Invest Like a Boss

English - April 18, 2019 02:19 - 56 minutes - 51.8 MB - ★★★★★ - 477 ratings
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Previous Episode: 118: Estate Planning 101 with Matthew Wiley

Next Episode: 120: Real Estate Investing in Belize, with Will Mitchell

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

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