Invest Like a Boss

Zach, Sam’s new road trip buddy, is a nomad who had a successful exit from his business and is now on the quest of finding the perfect lifestyle. He loves flying kites, wandering the ocean, and experiencing freedom. After the big exit, he went on the process of learning new skills which eventually led him to discover his real passion.

During the episode, Zach, Sam, and Johnny talk about investing not with money, but with time and knowledge. If we have achieved our financial goal, what then? They discuss what financial freedom really means and what the perfect lifestyle is for each one of them. For expats who love traveling, where in the world would they want to settle? The journey to finding the life you dream of takes times, money, and knowledge. Listen in and learn some tips on how to be financially free and become truly happy.

Where we are:

Zach - Columbia

Sam - Columbia

Johnny - Bulgaria

Discussed:

ILAB 23 – From $0 to Self Made, How to 300X Your Investment

Time Stamps:

06:30 – The Road Trip

10:50 – The process of choosing his lifestyle

15:05 – Chasing after the dream

19:34 – Setting up a place in the US

21:57 – The Ideal life set up

24:28 – His top 5 places to settle

46:36 – What does financial freedom mean?

49:26 – Goal to financial freedom

52:15 – Managing money and happiness

55:16 – When to stop worrying about money?

1:01:48 – Selecting two base locations in the world

1:06:42 – Financial Freedom: Then, Now, and in the Future

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

Ed Conard is an AEI visiting scholar who authored two top 10 New York Times bestselling books: The Upside of Inequality: How Good Intentions Undermine the MiddleClass (2016) and Unintended Consequences: Why Everything You’ve Been Told About the Economy Is Wrong (2012). He has written op-eds for most major news outlets and has made hundreds of media appearances. He is a retired partner at Bain Capital, where he headed the firm’s New York office.

On this episode, Ed corrects the misconceptions about the middle-class wagers being squeezed by the top 1% as we are all made to believe. He gives a fresh perspective of the upsides of inequality relative to economic growth. He also shares his vision of what the U.S. economy would be like in the next couple of years. At the end of this episode, Ed discloses his own personal portfolio including how he manages his money and where he invests.

Where we are:

Johnny - Bulgaria

Sam - Florida

Links:

Edwardconard.com

Books:

The Upside of Inequality: How Good Intentions Undermine the Middle Class

Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong

Time Stamps:

04:30 – The Middle Class vs. the Top 1%
06:21 – What’s driving slow growth for the middle class?
09:32 – Understanding the American economy
16:04 – Measuring GDP
18:57 – Financial stability of households now and then
23:30 – American households’ savings
26:44 – Taxes on Government Services
30:02 – To what point will taxes slow down growth?
33:38 – His stand on the Trump Economy
35:12 – What he sees in the future economy
38:32 – Ed’s personal asset allocation
41:09 – Long-term upsides of inequality

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

Co-hosts Sam & Johnny are up for the first quarterly update of 2018 as investors, entrepreneurs, and travelers who share their own experiences. During the first 3 months of this year, they have interviewed several experts in the field of investing and have tried some investment platforms that they learned during the show.

On this episode, Sam & Johnny share their investment updates including the significant investments they ventured in and the downturns of some of their investments during the 1st quarter. They also share their work progress in the past 3 months and how their returns and income look like. They show us their trail during their travels and the countries that made the most impact on them. Listen to this episode to learn some tips and strategies for investing, building businesses, and traveling.

Where we are:

Sam - Tampa, Florida

Johnny - Kathmandu, Nepal

Q1 Travel

Sam – SE USA Road Trip >> Brazil > Denver > Tahoe > Napa > Tampa

Johnny – Chiang Mia >> Nepal

Q1 Book Reading
- Principles
- Home Dues
- Upside of Inequality
- The Path to War
- CryptoAssets

Discussed:

ILAB 84 – Note Investing 101, with Dave Van Horn

ILAB 88 – Structuring Tax-Free Income, Puerto Rico Act 22 – Jorie Roberts

ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge

Time Stamps:

06:20 – Johnny’s investment updates

10:45 – How to become an accredited investor?

16:36 – Sam’s investment updates

19:49 – Taxes on unrealized gains

22:23 – Sam’s significant investments

29:11 – Downturn in various investment platforms

30:35 – Returns & Income

31:34 – Diversification of accounts and investments

33:15 – Taxes on income & investments

38:10 – Sam’s work updates

42:00 – Johnny’s work updates

45:27 – Johnny’s travels

48:25 – Sam’s travels

1:19:00 – Tips and advices in investing

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

Laura Gonzalez is an Associate Professor in Finance at California State University with over 10 years of experience in teaching finance courses. One of the studies she took interest in is behavioral finance in peer to peer (P2P) lending which they conducted an experiment on it.

During the episode, Laura reveals the major biases of lenders in terms of approving loans apart from their credit information. She explains the theory of beauty premium which significantly influence the decision of lenders. She also explains how they conducted the experiment to test this theory and what considerable indications were acquired.

Where we are:

Sam - Florida

Johnny - Nepal

References:

www.Lendingstats.com

Discussed:

ILAB 13 - PeerStreet vs. Lending Club

ILAB 45 – Behavioral Finance and How Betterment is Optimizing Around It

Time Stamps:

05:31 – Laura’s background

07:07 – History of P2P lending

11:40 – Growth of the P2P market

13:09 – P2P platforms

16:08 – Major biases in approval of loans

19:22 – Beauty Premium

24:01 – The conduct of the experiment

25:02 – Findings and indications

30:00 – Outcome based on biases

32:39 – What to consider when lending someone

34:49 – Information available on Prosper

37:02 – Repayment success rate in various countries

39:23 – Prosper vs. Lending Club

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

Evan Prokup is the man behind HSAedge, a leading website on Health Savings Account (HSA) information. HSA are savings accounts for medical expenses which are triple tax-advantaged and allows holders to lower their cost of medical care over time. HSA contributions can be invested in a wide variety of assets and can even be used in retirement.

During the episode, Evan explains the fundamentals of Health Saving Accounts (HSA) including its aspects and benefits. He also explains the HSA triple tax advantage, eligibility, investment opportunities, and income requirements. This episode answers all the basic questions you have on HSA which helps you decide in opening up an account.

Where we are:

Sam - Nevada

Johnny - Nepal

Links:

Website - HSA Edge

Email - [email protected]

Discussed:

ILAB 31 – The Landlord: How I Acquired 485 Properties in 12 months

Time Stamps:

04:35 – How he took interest in HSA?
05:47 – The background of HSA
07:02 – What is HSA?
09:43 – Aspects of Triple Tax Advantage
11:53 – Record Keeping
13:50 – Allowable yearly contribution
17:13 – Who is HSA eligible?
25:39 – Investment opportunities through HSA
30:28 – Qualified Medical Expense
34:30 – Socialization of medical care
37:39 – Investment options for HSA
42:24 – Income requirement for contributing to HSA
45:14 – Downsides of HSA
48:05 – Contribution dates
49:12 – Transfer to a beneficiary

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

Frank Valencia is the Sr. Managing Partner at Bongo Property Management; a fast-growing AirBnB property management which helps your short-term rental business becomes a success. They are currently operating in the United States, Latin America, and Europe – and are planning to expand to new cities later on.

During the episode, Frank explains the services they provide at Bongo PM. As an expert in the business industry, he describes the benefits of having their company manage your properties for short-term rentals. Listen in and learn a lot about the short-term rental market, including size demands, occupancy rates, investment returns, and the ideal countries to own properties.

Where we are:

Johnny - Nepal

Sam - Denver

Links:

Bongopm.com

Time Stamps:

09:07 – Who is Frank?

10:06 – The growth of Bongo PM

10:27 – AirBnB

12:39 – Return on investment

15:12 – Bongo PM analytic service

16:44 – Expanding to new cities

17:42 – Impact of reviews

19:23 – Property types and its demands

21:43 – Occupancy rates

23:03 – Optimizing seasons

24:14 – Insurance options for Risks of damages

26:03 – Length of agreement

29:07 – Ideal properties for short-term rental

31:21 – Investment opportunities in Bongo PM

32:25 – The future of Bongo PM in the industry

38:29 – Bongo PM Rates

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

Jorie Roberts is the founder of Marjorie Roberts, PC, a firm composed of attorneys who specialize in tax, corporate/securities, and business law, and work with the economic incentive programs in Puerto Rico and the U.S. Virgin Islands. She has a vast knowledge of tax law and holds law degrees from Harvard University, Cambridge University, and New York University.

During the episode, Jorie explains two tax laws, known as Act 20, the Export Services Act, and Act 22, the Individual Investors Act, which shields new residents of Puerto Rico from paying most federal income. And since these laws apply to the residents of Puerto Rico, Jorie discusses the process and requirements in applying for residency. Also, she gives comprehensive examples on what is eligible for tax exemptions.

Where we are:

Jorie - U.S. Virgin Islands

Sam - Denver Colorado

Michael - Bangkok

Links:

Jorie’s Firm - MARJORIE ROBERTS, P.C. - Attorneys at Law

Michael’s publication - CEF Insider

Time Stamps:

04:01 – Acts 20 and 22: What they are and who they’re for?

05:59 – Applying for residency in Puerto Rico

10:15 – Is owning Real Properties required?

11:45 – How can expats benefit from the tax exemptions?

13:52 – Income tax structure using Act 22

16:29 – Are Interests and Dividends taxed?

19:44 – Examples of income structures and its tax exemptions

29:25 – What is eligible for tax exemption?

32:12 – Application process for both Acts

36:02 – Recommendations on how to start

45:32 – Tax in the US vs. other countries

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

Jordan Goodman is considered America’s Money Answers Man because he is the man to go to for answers on personal finance questions. He has appeared on several TV and radio shows. He believes that there is a tremendous amount of financial illiteracy in the country and wants to help people learn. He has written 14 books including the popular Fast Profit in Hard Times and The Dictionary of Finance and Investment Terms.

On this episode, Jordan explains the impact of the 2018 tax reform both in corporate and individual level. He also explains its impact on the stock market and other investment ventures. He gives tips and strategies on what, where, and how to invest in this new economy. He also shares his personal favorites in terms of asset classes and trends that will help you decide on your next investment plans.

Where we are:

Johnny - Nepal

Sam - Denver Colorado

Links:

MoneyAnswers.com

Books:

Fast Profits in Hard Times

The Dictionary of Financial and Investment Terms

Time Stamps:

08:33 – The Trump Economy
10:58 – Impact on the corporate level
12:15 – Impact in an individual level
14:06 – Rising interest rates
16:29 – Impact on stock market
18:19 – 3 things that will affect the market
19:33 – Impact of debt
22:24 – Corporate reinvesting in their companies
25:36 – What should have been included in the tax reform
28:02 – Secured Real Estate Funds
31:50 – Oil and Gas Funds
34:40 – Favorite asset classes
37:02 – Favorite trends
39:29 – Biotechnology
40:33 – Mortgage Optimization Strategy

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

Co-hosts Johnny and Sam are entrepreneurs and investors who share their investment strategies and experiences to all the listeners. This episode is an overview of index fund allocation combined with personal recommendations, understanding from influential books, and insights from the experts.

On this episode, Johnny and Sam explain the basics of index funds, stocks, and asset allocation. They discuss investment strategies which helps investors balance their portfolio while minimizing risks. They also talk about fundamental considerations when starting index fund investing, basic asset allocation modeling, and portfolio building. They also present the Buy-and-Hold Portfolio of several investment authorities that will surely help you decide what asset allocation model is perfect for you.

Where we are:

Johnny – Thailand

Sam – U.S.A.

Links:

3 Investment Gurus Share Their Model Portfolios

The All Seasons Portfolio (Aka The Tony Robbins Portfolio)

The ultimate buy-and-hold portfolio

Paulmerriman.com/vanguard/

Paulmerriman.com/whats-wrong-vanguard-small-cap-value/

Books:

MONEY Master the Game

Unshakeable

Discussed:

ILAB 15 – Meb Faber on Building The All Seasons Portfolio

Time Stamps:

03:14 – What is Asset Allocation?
04:11 – Modeling portfolio
08:58 – Most basic asset allocation model
11:25 – How diversification works?
15:22 – Buy-and-Hold
17:06 – Experts buy-and-hold portfolio
21:38 – What to choose for your portfolio?
29:04 – Stocks vs. Bonds
30:26 – Definition of terms
32:43 – Tax implications
35:13 – Recommendations on how to get started
37:24 – Johnny’s wealthfront portfolio
38:05 – Sam’s wealthfront portfolio
40:11 – Wealthfront
51:23 – Sam’s investments/asset allocation
56:17 – Johnny’s investments/asset allocation
58:38 – Considerations in asset allocation model

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

Gregor Gregerson is the founder of Silver Bullion, a company committed to providing the safest place for your precious metals. In the quest to offer the best protection for the clients’ wealth, they have designed the safest storage for cryptocurrencies by physically encrypting and storing private keys.

On this episode, Greg reveals how the idea of physical crypto storage came about and what makes it the safest storage for cryptocurrency in the market. He explains the risks of keeping these assets digitally and how to alleviate these risks. This episode talks about the different levels of security for crypto, the advantages of physical storage, and the features that the investors can look forward to in this new product.

Links:

Video: https://www.thesafehouse.sg/physical-crypto-storage

Silver / Gold Bullion Storage: https://www.thesafehouse.sg/

Download the White Paper on how it works

Where we are:

Gregor – Singapore
Sam – USA
Johnny – Thailand

Time Stamps:

08:24 – Influence of crypto to precious metals
10:10 – Shift in Gold & Silver demand
11:16 – Who are the clients?
13:49 – Different levels of security for crypto
19:31 – Risks in owning cryptocurrency
22:42 – Recovery of unwanted transfers
23:36 – When is the launch?
24:56 – Why they created this new storage?
27:32 – 6 features with Physical Crypto Storage
34:26 – Crypto insurance
36:22 – Peer to Peer Lending through Bitcoins
40:19 – How to start?
41:50 – The target market

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