247: What Are You Gonna Do with All That Money?

Invest Like a Boss

English - September 22, 2022 13:00 - 57 minutes - 40.5 MB - ★★★★★ - 477 ratings
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Previous Episode: 246: Combining Machine & Digital Gaming with Winner Winner

Next Episode: 248: Azure 3D Printed Homes with Co-Founder Gene Eidelman

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:

Indeed
Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed

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

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