Invest Like a Boss

Phil Cannella is the founder and creator of The Crash Proof Retirement System. The Crash Proof System was born in the ashes of the financial collapse of 2000 and developed to bring consumers a strategy that guarantees preservation of principle while still achieving adequate growth. Phil has been in the insurance industry for a whopping 41 years and got his start and success through endless hard work and hustle, which included nearly a decade of door-to-door sales.

Over the course of his career, he has interviewed some of the top financial and political insiders in the world and seen just about everything on Wall Street. We sit down for a rare and extended interview with Phil to get his take on the world markets, investing, work ethic, and of course retirement planning.

 

Links:

Website
Facebook
@PhillipCannella

Phil's bio video

Educational Event Teaser
WPHT Philadelphia
WFTL South Florida

-Crash proof retire events

 

Discussed:

Video Testimonials

Video of SEC Interview - Playlist

Audio file of Jim Cramer

Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 4

 

Time Stamps:

06:23 - World financial crisis
22:10 - $2.8 billion debt crash
30:10 - Insurance industry
33:40 - Fixed annuities
36:20 - ADHD & dyslexia
41:01 - Publically humiliated
45:04 - Pharmaceutical drugs
48:55 - Recession proof investment
54:10 - Annuity growth
1:00:38 - Insurance companies vs. banks
1:15:20 - Life insurance firewalls
1:18:20 - B++ bonds
1:22:10 - Safety nets
1:25:10 - Guaranteed renewable contract
1:37:10 - How to find success
1:40:30 - Crashproof educational process
1:48:48 - Tax-free legacy
1:54:53 - Demographics for fixed index annuities
2:05:30 - Investing in life insurance
2:10:17 - Are fixed rate annuities right for you?
2:12:00 - Greece’s debt
2:12:50 - Education, research, and network
2:14:00 - Interest rates and fees

 

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

Kendall Davis is the All-Star Director of Investments at Fundrise and based in Washington D.C. Since Episode 13 with their CEO Ben Miller, we have made multiple new investments into the Fundrise eREITS. As with other modern investment products, new questions are constantly popping up around the structure of the investment, how it works, and what to expect. Previously, Kendall had fielded several of our questions and helped us grow confidence in our investment selections.

We were excited to have her on this new episode to answer a fresh batch of listener submitted questions including some of our own. In addition, Fundrise just announced their own IPO and Kendall discussed what this means for investors and their company.

 

Links:

Linkedin
@KendallDavisDC
[email protected]
[email protected]

Discussed:

Real Estate Investing with Fundrise CEO Ben Miller - ILAB 12
What You Need to Know About Dividend Investing in 2017 - ILAB 42

Time Stamps:

04:39 - Growth REIT pay off
09:40 - Dividend distribution
13:10 - Providing equitable access
15:50 - Choosing a REIT to invest in
19:40 - Tax consequences
21:50 - Tracking the value of assets
26:55 - Unrelated fundamental factors
28:35 - Borning annuities
29:50 - Holding regional funds
32:32 - Fixed rate of return
34:20 - Liquidity options
38:18 - IPO
43:10 - Support Q&A
45:50 - Blocked Paypal account
48:01 - Johnny & Sam’s REIT investment
51:50 - Fundrise service perks
55:10 - IPO details

 

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

Ky Trang Ho is the founder of Key Financial Media LLC which produces marketing content for financial service firms and is a regular contributor to the financial column including a recent article that peaked our interest called What You Need to Know About Dividend Investing in 2017. The Forbes article has some interesting insights that are both exciting as an investor and cautionary.

Ky also covers and reviews Shark Tank and had the recent privilege to interview Kevin O’Leary. We sit down to get Ky’s thoughts on the stock market, how to invest in high yielding funds in 2017, and to hear what she personally invests in.

 

Guest Links - Ky Trang Ho

Forbes Contributor -- Investing
KeyFinancialMedia.com
@KyTrangHo
Facebook
LinkedIn

Where are we:

Tahoe, CA - Sam
Los Angeles, CA - Ky
Thailand - Johnny

Discussed:

Ky’s recent article in Forbes
Kevin O’Leary - OShares
Vanguard High Dividend Yield Index Fund

ProShares S&P 500 Dividend Aristocrats

What Ky Invests in:

Fundrise – Invest as little as $1,000
Realty Mogul

Books:

Start Here - Recommended reading

Time Stamps:

02:29 - Key Financial Media
03:18 - Shark Tank
04:20 - Kevin O'Leary
07:14 - Increase your dividends by 5%
09:00 - SMP500 dividend payments
09:50 - Vanguard 4% yield
13:30 - Dow Jones 15,000
15:50 - Dividend paying stock growth
17:30 - Bond market - Donald Trump election
20:00 - High yielding funds
21:21 - Raising interest rates
23:38 - Ky’s portfolio
25:30 - Fundrise investments
29:40 - Realty Mogul REIT
35:00 - Forbes contributors
40:00 - Vanguard small cap stocks
43:20 - Dividend payout
45:30 - Kevin O'Leary investments
48:00 - Recommended readings
51:38 - Sticking to what works
53:30 - Investment hack
55:20 - Stock market crash

 

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

Brew Johnson is the Co-Founder and CEO of PeerStreet, a P-2-P lending platform that collateralizes borrowers property to secure the loans with the underlying real estate asset. PeerStreet has been turning on investors to a great asset class once only accessible to banks and institutional investors.

We sat down with Brew in their Manhattan Beach offices to hear about how their new backing from Andreeson Horowitz will help them scale and what their plans are for the future. If you haven’t yet listened to Episode 13 with Brett Crosby, be sure to check it out first as it talks more in depth about what PeerStreet is strategies around utilizing the platform.

 

Links:

PeerStreet - Website

@brewjohnson - Twitter

 

Where are we:

Manhattan Beach, California

 

Discussed:

PeerStreet vs. Lending Club - ILAB 13

Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04

Exotics Racing  - The Ultimate Supercar Driving Experience

Nomad Summit - Successful digital nomad conference

Child's Dream - Empowering underprivileged children

Book:

The Sale of a Lifetime - Harry Dent

Time Stamps:

04:01 - Brews nickname

05:02 - Manhattan beach town

06:00 - Best mortgage based city

10:15 - Snapchat’s valuation

12:00 - SpaceX Elon Musk

13:36 - Denmark with family

14:00 - Founding company partnerships

21:21 - Tech & business Co-founders

23:40 - Young entrepreneurs

26:07 - Andreessen Horowitz

32:00 - Company growth

36:40 - Borrowers & Lending Club

40:37 - Loan to value valuation

46:30 - Beach, sharks and board meetings

48:16 - PeerStreet weekly payouts  

53:40 - LA’s tech scene

56:00 - Driving a Ferrari

59:40 - Investing 10k in the PeerStreet team

1:06:05 - Short term loan perks

1:14:11 - Empowering underprivileged children

 

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

Republic.co is the official spinoff of AngelList and allows unaccredited investors with the ability to invest in pre-vetted startup companies. Equity crowdfunding presents a new sector of investing that has been a long time in the making, but only recently introduced thanks to the JOBS act in May of 2016. Chuck Pettid, partner of Republic.co joins us to discuss the new opportunity and how their platform is working to simplify the deal terms for investors.

We also discuss how Republic sources deals for the platform and bundles the financing into “simplified agreement for future equity” in their Crowd Safe.  This episode is an informative view of how startup and private investing deals are vetted and structured and is valuable at all levels of investment experience.

Links:

Republic.co - Website
@joinrepublic - Twitter
@joinrepublic - Facebook
Crowd Safe - Calculator Tool

@chucksterolove - Chucks Twitter

 

Where are we:

SoHo, NYC - Chuck Pettid
San Diego, California - Sam Marks
Chiang Mai, Thailand - Johnny FD

 

Discussed:

Indiegogo Co-Founder, Slava Rubin on Equity Crowdfunding - ILAB 32
BeatStars - Indiegogo Equity Crowdfunding
WeWork - Coworker

 

Time Stamps:

05:01 - Chuck’s background
06:05 - Republic.co founder story
08:02 - AngelList’s focus
09:45 - Sourcing deals
17:58 - Funding & valuation caps
22:10 - Investor limitations
26:30 - Start up fund
28:20 - Investor groups
31:30 - Vetting deals
35:00 - Crowd safe
39:19 - Calculator tool
44:50 - Future financing
46:50 - Common questions
53:10 - Investor perks
54:45 - Unanswered questions
1:00:34 - Startup Investments
1:07:01 - WeWork Co-Working

 

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

 

Harry Dent is the reigning expert on demographic trends, consumer fundamentals, and bubbles. He is known for his unique research into how demographic and consumer cycles in spending impact our economies around the world. Throughout his long career as an economic forecaster, he has relied largely on demographics as the key indicator of things to come, accurately predicting the Japanese bust in ’89 and the global recession of ’08.

His must-read new book The Sale of a Lifetime looks deep into the issues facing the global economy today, why we should prepare and protect ourselves, and how to take advantage of buying assets at fire sale prices. Mr. Dent joins us to discuss his research, bubbles, and why you should be paying attention to demographics now more than ever.

 

Mr. Dent's Links:

Twitter - @HarryDentjr

Facebook - @EconomyMarkets

Youtube - Harry S. Dent Jr.

 

Mr. Dent’s Research:

Dent Research - Sign up for their free newsletter

Harry Dent - Get his new book “The SALE of a Lifetime”

 

Mr. Dent’s Books:

• The Sale of a Lifetime (*New book)
• Demographic Cliff
• The Great Crash Ahead

 

Discussed:

ILAB 36 – Dr. Daniel Crosby – 10 Commandments of Investing Success

 

Show Notes:

02:39 - Excerpt from A Sale of a Lifetime

06:00 - Accidental economist

11:28 - Japanese bust in 89’

16:40 - Next demographic boom

19:20 - Buying stock & real estate

23:27 - Cut tax and spend more

26:04 - Government bonds

30:40 - Deflation and inflation

35:17 - Economy driver and crashes

38:00 - House flipping in California

44:03 - China RMB

47:53 - Should you trust China?

55:36 - Sam's plan for an economy crash

1:00:06 - Johnny’s plan for making a sale of a lifetime

 

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

Chris Dunn is a world-renowned entrepreneur, investor, and educator. He has unique expertise in crypto-currencies that he developed off a background in day trading.  He uses this powerful medium to profit off trades in Bitcoin and other crypto-currencies as well as direct investments in Fin-tech start-ups. 

Chris joins us from his base in Austin, Texas to give us his perspective on how the average investor may look to play Bitcoin, what the risks are, how to acquire and store digital coins, and what the future may look like. It is an eye-opening episode and a great intro to the new and complicated category of crypto-currencies.

 

Chris's Links:

Website: Chris Dunn
Company: Skill Incubator
Twitter: @ChrisDunnTV

 

Discussed:

ILAB 19: Simon Black – Finding Outsized Returns Off the Beaten Path
Crypto-Currency Market Capitalizations: Coin Market Cap

 

Book:

Harry Dent: The Sale of a Lifetime

 

Show Notes:

03:15 - Skill Incubator
04:30 - Traveling 60+ cities
06:16 - Austin Texas
07:11 - Video Podcasting
08:30 - What is Bitcoin & Cryptocurrencies?
12:03 - Blockchain
12:20 - Value of Bitcoin
15:32 - Invest and save capital
18:18 - Flaws and drawbacks
22:10 - Daily exchange and taxes
25:15 - Making a profit
24:48 - Where to buy
30:47 - Public and private key
35:23 - Coinbase
36:10 - Proper trading
39:13 - First-time investment experience
43:40 - Competitors & market caps
46:24 - Gold & precious metals
50:49 - Johnny’s Bitcoin investment
52:42 - How Sam lost $30,000
55:37 - Tesla downpayment
56:08 - Accepting Bitcoin for digital product
57:25 - Banks, large bills & paper money
1:01:00 - Amazon coin
1:05:42 - Paypal’s rolling reserve

 

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

Dr. Kenyon Meadows is a practicing radiation oncologist and avid investment enthusiast. He is launching a new finance blog called Alternative Financial Medicine and has an upcoming book of the same. The blog focuses on what are called alternative assets. Alternative assets, most broadly defined, are anything other than traditional stocks, bonds, money market and CDs.

After watching his mentor’s investment portfolios get crushed right before this planned retirement, Dr. Meadows decided to take a different approach to investing and is putting his experience and material out there to share with us all. He has invested in dozens of modern investment platforms including P2P lending, Forex, Real Estate Crowd funding, and many others. Dr. Meadows joins us to talk about his experience with these platforms, his investment portfolio, and new investment plans.

 

Links:

Alternative Financial Medicine - Download a free chapter of Dr. Meadows upcoming book free book and check out video interviews with alternative asset experts
Bigger Pockets - Dr. Meadows recommendation for all things real estate investing and a get knowledge base.
Lend Academy  - A great resource for P2P lending recommended by Dr. Meadows

Discussed:

ILAB 03 - Foreign Exchange Trading with Brian from Art of FX

Platforms including:

• RealtyShares
• Fundrise
• RealtyMogul
• Lending Club
• PeerStreet
• Patch of Land
• P2B Investor
• Funding Circle

Show Notes:

06:28 – Dr. Meadows background
09:00 – Becoming an investor
10:40 – 2008 market crash
13:01 – REIT investments
16:45 – Lending Club bankruptcy
17:50 – Flipping secured properties
18:45 – Receiving double digit interest
23:10 – Puerto Rican bonds
25:00 – Private lending into physical property
27:13 – Locating property
31:30 – Online lending platforms
34:50 – Debt vs. equity risk
37:00 – Sole lender
38:10 – Reality Shares, Patch of Land & Realty Mogul
38:50 – Automating investments
40:20 – Deals gone bad
45:46 – Short term high-interest loans
48:00 – Earning 7%
50:15 – Non-accredited investors
52:30 – Allocation asset classes
54:50 – 2017 investment plans

 

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

Daniel Crosby is a PHD, and Psychologist, and behavioral finance expert who helps organizations understand the intersection of mind and markets. He joins us on this episode to discuss the 10 commandments of investing success he outlines in his New York Times Best-Selling book titled “The Laws of Wealth: Psychology and The Secret to Investing Success”.

In this episode, we learn from Dan’s experience and research while drilling down on finance through the lens of psychology. We also learn about Dr. Crosby’s perspective on the financial advisory industry, where it is going in the future, and how robo-advisors are changing the marketplace.

 

Twitter: @danielcrosby

Daniel’s firm: www.nocturnecapital.com

 

Books:

Dr. Daniel Crosby: The Laws of Wealth

Robert B. Cialdini - Influence

 

Robo-Advisors

If you guys are interested in Betterment or Wealthfront (Robo-advisors) you can try them for free with our links below.

Betterment – get unlimited funds managed free for 6 months

Weathfront – get up to $15,000 managed free with this link

 

Youtube Video Presentation:

 

 

The Ten Commandments:

1. You control what matters most.
2. You cannot do this alone.
3. Trouble is opportunity.
4. If you’re excited, it’s a bad idea.
5. You are not special.
6. Your life is the best benchmark.
7. Forecasting is for weathermen.
8. Excess is never permanent.
9. Diversification means always having to say you’re sorry.
10. Risk is not a squiggly line.

 

Show Notes:

05:20 - Apply social science to improve money management
06:40 – Financial advisor’s future
07:20 -  Control what matters most (1)
09:12 – You can not do this alone (2)
14:50 – How to choose a financial advisor
18:37 – Trouble is opportunity (3)
24:30 – Being excited is a bad idea (4)
26:45 – You’re not that special (5)
28:55 – Your life is a bench mark (6)
32:00 – Ease of access to trading
34:20 – Forecasting is for weathermen (7)
38:15 - Diversification means always having to say you’re sorry (9)
39:16 – Excess is never permanent (8)
43:10 – Risk is not a squiggly line (10)
45:01 – Daniels personal portfolio
46:20 – Robo-advisor vs Financial advisor
53:20 – The best investors are the lazy ones
54:40 – Being a better goalie
58:00 – When the stock market crashes
1:03:00 – Sams big secret
1:06:20 – Facebook stock

 

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

Dave Siegel is a Financial Advisor from Northwestern Mutual who focuses on holistic Wealth Management and Financial Planning. He joins us together from his office in West Palm Beach, Florida to discuss 14 different asset classes and how inflation may affect each one. Looking to protect your assets from a hyperinflation scenario? We discuss the best investments and ways to hedge against inflation.   Dave's Links:   Website Linkedin   Recommended Books:   G. Edward Griffin: The Creature from Jekyll Island Benjamin Graham: The Intelligent Investor Tonny Robbins: MONEY Master the Game MJ Demarco: The Millionaire Fastlane   Discussed:   ILAB 34: New Years Resolutions, Goals, Plans for 2017 ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities ILAB 19 – Simon Black – Finding Outsized Returns Off the Beaten Path  

Show Notes:

05:00 – Dave’s background
06:30 – Learn your customer's blueprint
09:15 – Maintain your income
12:40 – Scotch
14:05 – Inflation for individuals & government
16:13 – Stocks
18:49 – Bonds
19:22 – Real estate
21:30 – Driving down Palm Beach
23:30 – Charity walk across Ireland
24:30 – Offset the tax burden
25:15 – REIT pros and cons
28:48 – Precious metals
29:50 – Cash and emergency funds
34:00 – Distribution problem
36:00 – How advisors get paid
38:50 – Inflation protection securities
41:20 – Peer to peer loans
42:30 – Annuities and life insurance
50:00 – Brewery success
55:30 – Weight loss
57:15 – Cryptocurrency
59:00 – Sam’s fitness tips
1:00:20 – Rare art, cars, and domain names
1:01:50 – Life insurance
1:11:00 – Johnny’s plan for inflation
1:12:50 – Internet bank
1:14:45 – Christmas in Cuba with no money
1:22:30 – Sam’s Inflation concerns
1:24:35 – Fundrise fixed variables
1:26:40 – Inflation protection options
1:27:50 – Vanguard bond funds
1:29:00 – iTunes shout outs!

 

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Copyright 2016. All rights reserved. Read our disclaimer here.