Invest Like a Boss

Sam Marks and Johnny FD has officially hit FIRE, meaning that they are financially independent with an early retirement. They’ve both reached their success in such unique ways that will inspire you!

During this episode, Sam and Johnny FD will share how they hit FIRE including how YOU can do the same. Find out how much money you actually need to retire and how to calculate it. Understand the 4% rule and learn to apply it to your life. Listen to the end to hear about the downside to the FIRE movement and what you can do even after you hit your ultimate FI number.

Link:

• 4% Rule Math Spreadsheet
• Boss Lounge

Where we are:

• Johnny FD & 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.

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.

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.

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:

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Copyright 2018. All rights reserved. Read our disclaimer here.

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.

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.

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.

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.

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.