Invest Like a Boss

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.

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?

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Copyright 2017. All rights reserved. Read our disclaimer here.

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

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Copyright 2017. All rights reserved. Read our disclaimer here.