My Bonus Money

Summary

What would you do if a lecturer challenged his students to beat his investment performance by 20%? In this episode, Jethro talks with Dan Ye about "Win Dan Ye's Money," a classroom investing challenge that turns portfolio performance into a real-world lesson. Dan explains how the challenge works, why real-money investing changes risk tolerance, and what he learns from students who uncover signals before Wall Street does.

The conversation then looks at investing in the age of artificial intelligence: why Dan discourages day trading, how the class studies emerging technologies and human behavior, and how the "picks and shovels" approach can help investors think about the infrastructure behind new trends. Dan also shares how listeners can join his open Zoom class.

Chapters

• 0:00 — Welcome to My Bonus Money
• 0:35 — The $10,000 investing challenge
• 3:51 — What changes when students invest real money
• 5:13 — Finding market insight on the front lines
• 8:21 — Social arbitrage and signals Wall Street misses
• 9:30 — Why financial education matters
• 12:58 — How to join the open investing class
• 14:18 — Investing in the age of artificial intelligence
• 15:58 — Reading human behavior and the future
• 19:05 — The picks-and-shovels approach to emerging tech
• 22:34 — Scholarships, diversification, and the challenge to beat Dan

Show Notes

• Guest: Dan Ye, lecturer and investor
• Learn more and sign up for the class: https://professordanye.com/
• The class explores portfolio performance, emerging technology, human behavior, and long-term investing.
• Dan's challenge: beat his returns by 20% with a diversified portfolio, with rewards available for qualifying participants.
• This episode is for educational and entertainment purposes only and is not financial advice. Do your own research and consult a qualified professional before making investment decisions.

In this episode, Jethro Jones hosts Kenny Rose to discuss the unique opportunities in franchise investing. They talk about how FranShares allows people to invest in franchises with manageable capital, the differences between traditional franchise ownership and franchise investing, and the importance of local investment. They also explore typical return expectations, the types of franchises available for investment, and the democratization of alternative investments.

Kenny Rose is the Founder of FranShares.com, which helps normal people invest in Franchises, especially at a local level, which is a super exciting way to think about investing.

• Franchising for every industry
• Franchise broker - helping people get started.
• Barriers to starting a franchise
• Can’t just write a check, and expect money to flow out the doors.
• Democratization of investing as a whole.
• Local investors.
• This is the most local investment you can make
• Different ways to earn on the Investment
• Cash yield - quarterly payments
• Net IRR - total return
• Target Hold - how long you should expect before the business is sold
• Need to make an educational financial decision.
• Franchising regulated by FTC.
• Transparency is necessary and mandated by FTC.

Learn how to get the guaranteed highest pension payout. Jethro Jones discusses the "Pension Maximization" strategy for school principals with John "Hutch" Hutchinson.

Rather than protecting your spouse by choosing a reduced monthly benefit payment from your pension, you can instead calibrate a life insurance policy to guarantee you the highest monthly pension payout possible. Plus, you can also take extra tax-free income from the cash value as you go.

Resources & Timestamps:

Comprehensive article on how Pension Maximization works:

https://bankingtruths.com/pension-maximization/

Video example of Pension Maximization:

https://youtu.be/dReUsxKJTFc

Book a free consult about customizing Pension Max for you:

https://bankingtruths.com/pension-max-schedule/

Podcast Timestamps 
0:00 - Risk off money and how Big Banks invest their safe reserves. 
4:00 - Intro to the Pension Maximization strategy
7:00 - How a Life Insurance policy can help you take a bigger pension payment
11:20 - Pension reductions for survivor benefits are just expensive "life insurance" policies that won't even pay your kids if both spouses die
18:10 - Only 4 possible outcomes when retiring. What happens with & without Pension Max? 
23:58 - Where to find the money for "another bill" with this Life Insurance for Pension Max. 
28:57 - Start with cheap term insurance as you build up to a full-blown Pension Maximization strategy 
34:47 - Resources to learn more about Pension Maximization 
37:01 - Take tax-Free supplemental income from life insurance like a Roth

This is my report on June 2023. 

This was a really good month. They're not all like this. 

They're not all going to be like this. 

But it was pretty awesome. 

The stats are here: 

Total passive income for Month of June 2023: $11,362.17   
Total money invested so far: $16,272   
Total passive income for 2023: $15,932.79
Total    
Monthly rate of return: 69.83%    
Yearly cumulative rate of return: 97.92%
Money withdrawn from the investment account: $3,600

This month was the first month that I withdrew money from the account for living expenses. That's the whole point, right? 

My goal is to live off of this passive income and be able to invest any money that I make. 

Total passive income for Month of May 2023: $1,875.15
Total money invested so far: $16,272
Total passive income for 2022: $3,318.62 total 
Monthly rate of return: 11.52% 
Yearly cumulative rate of return: 20.39%

Welcome to the My Bonus Money podcast, where I discuss how educators can make side hustle money. Today, I'll report on my passive income for May 2023 and share my new investment strategy using tips from mybonusoptions.com.

In May 2023, I earned $1,875.15 in passive income with a total investment of $16,272 so far this year. My monthly rate of return was 11.52%, while my yearly return reached 20.39%.

My current strategy involves following trade ideas provided by mybonusoptions.com to better understand investing and improve results. Not every tip works out as expected but learning is the goal here.

For example, I tried an AMC long put trade idea which you can find in the show notes for this episode (not financial advice). The concept behind this strategy is creating a long put on AMC with a $6 strike price to potentially profit from a decrease in stock price while managing risk through setting stop losses.

After purchasing and later selling the options contract at different prices ($1.01 when bought; $1.14 when sold), I achieved a return of 12.87% on the investment despite some losses along the way.

To learn more about these strategies or try them yourself with paper trading before committing real funds, visit mybonusoptions.com/blog (delayed by seven days) or subscribe for real-time access at just $50 per month.

If you want to start investing with only $200 and learn more about generating bonus money, download our free course at mybonusmoney.com.

Please remember that nothing shared in this podcast should be considered financial advice—consult professionals for guidance tailored specifically to your situation.

Or go to mybonusmoney.com/start to download the FREE course teaching you how you can do this too. 

Hey I’ve got a great update for you in this episode of My Bonus Money.

1. An update on March

2. The Capitalism Conference I’m attending

3. The New thing I created to help you learn to trade options.

4. Get the free course here.

Statistically, Josh Shipp should be dead, in jail, or homeless. But his success as a preeminent author, speaker, and global youth empowerment expert is living proof of the power of one caring adult. A former at-risk foster kid turned youth advocate, Josh is renowned for the documentary TV series on A&E that followed his groundbreaking work with youth and families.

He has written two national bestsellers to date, “The Grown-Up’s Guide to Teenage Humans” – _winner of the Nautilus Gold Award for Parenting & Family_ – and “The Teen’s Guide to World Domination.”

Thanks to the support of teachers, counselors, and a wonderful set of foster parents, Josh went on to be listed on Inc. Magazine’s 30 under 30 listand completed his postgraduate studies at Harvard.

Josh is regularly called on by OPRAH, CNN, FOX, The New York Times, 20/20, Good Morning America, and others to provide commentary on common challenges faced by parents and teachers.

Over the years, Josh has keynoted events for countless groups of parents, educators, and social workers – with audiences as large as 55,000 – and to date has spoken live in front of more than two million people. Viral clips of his acclaimed presentations have been viewed an estimated 50 million times online through platforms such as UpWorthy, Goalcast, and BuzzFeed.

To serve his ultimate goal of helping as many kids as possible, Josh trains other speakers through Youth Speaker University, helping them use their own stories to make an impact. His social and emotional learning curriculum, Year of Awesomeness, is in use in hundreds of classrooms all around the world, while his free newsletter offers practical strategies to 200K+ parents, educators, and social workers.

**

Speaking Gigs for educators

https://www.youtube.com/c/youthspeaker/videos

https://youthspeakeru.com/confirmed/ 

https://topyouthspeakers.com/ 

Please add your bio here: 

https://joshshipp.com/about/ 

https://www.linkedin.com/in/joshshipp/ 

[https://en.wikipedia.org/wiki/Josh_Shipp(media_personality)](https://en.wikipedia.org/wiki/Josh_Shipp(media_personality))**

• Can teachers or educators speak

• Picturing context that is

• If it works with a group of 30 it will work with a group of 300

• Groups of 30 are harder than

• Percentile better

• If it’s under 25% or better is a good response

• Impressed - content turnover

• Every 2–3 years I need to write a new album and tour it for 2–3 years.

• Even my best ideas, are 6.2 out of 10.

• Obsess about every detail

• Material isn’t there, then you obsess, then you find yourself in a sweet spot where you

• Principals are not rising their money on speakers, they’re risking their reputation

• Did poorly as a young speaker - 1. Punish the audience by holding back. 2. When I got tired of telling a story, I didn’t give it the attention.

• Youth Speaker University 0–100K a year in education market.

• Top Youth Speakers - 100K+

• Booking your first three gigs is harder than your next 100.

• First Asset - 1 page PDF - overall Tagline, 1 paragraph teaser of that topic

• First speaking gigs, tap into relational networkBeing the workshop presenter

• Can you have a 6/10 speaker reel as a beginning?

• 1 sheet only speak locally

• Easier to find a new speaking gig for the same speech than making a great talk.

• Live on facebook (for 15 minutes)

• Single talk 8/10 - then record

• New material 85% the same talk every time. 15% contextual and new info.

• Anyone who could start speaking

• Good money

In this episode, George and I talk about our strategy that we are using to make money.

But first, I share my Month 7 and 8 returns (17.58% and 9.68%, respectively). Take my FREE course and learn how you can make these kinds of returns here.

Also, if you are a paid member, you’ll get clear examples of what I’m doing with details!

George and I talk about: - Options trading - you can learn how to do this, too, by getting my FREE course here - What options trading would look like if you were buying a house with options - Diversification vs. focusing on just one thing - Mindset when investing - How George makes decisions about investing - Why choosing weekly options is better than monthly, quarterly or yearly expiration dates - The role of challenges in our life - The importance of spiritually making decisions.

Jennifer Sullivan, M.S. is an executive functioning coach and author based in southeastern CT. She is founder of Fast Forward College Coaching and offers customized college support for diverse learners and their parents as they prepare for the transition to (and through) college. She speaks nationally to high schools, educators, and parent groups about differences between disability support in high school and college, executive functioning success in college and the parent perspective of the college transition. She is author of the book, Sharing the Transition to College: Words of Advice for Diverse Learners and Their Families., and the Sharing the Transition to College Workbook, and the author of College is Video Game: Press Play

• Jen works with students around the country.

• She is an educator who runs a business not a business

• Where she is now is much different from where she was 4 years ago when she started.

• Working in a regional education service center

• 2 avenues converged: felt passion & families and opportunities came to me.

• While the work was hard, it was something she knew she loved.

• How she went about writing the book, extra time during the pandemic

• Once you set the intention and say, “I’m going to write a book”, it’s always there.

• Jen doesn’t know how many books she has sold. Certain times of the year are more profitable.

• The book is a vehicle of my platform.

• The parameters of success have changed over time.

• Perspective for timelines for actually writing a book.

• Mindset shifts that needed to happen for her to find success.

• Family needs required m

• She started to believe in her herself as someone outside of her 9–5 job.

• The hustle needed to get speaking gigs.

• The book is giving me a platform to connect, not always connect in speaking

• The opportunities don’t just fall into your lap. You have to talk about your work and share what you’re doing.

• - What mindset you need to have to promote yourself. You just really have to not care.

You have to have a mindset fit for this.

As an educator, you’ve been told things and lived your life in a certain way.

I’m not saying this is a bad way, just that what has served you in the education sphere is not likely to serve in this Bonus Money world. And this is a vital truth.

As you learn, grow, and change, the things that worked for you in the past, don’t necessarily work for you in the future.

We’ll get to the mindset piece in a minute, but first, let’s see how I did in Month 6.

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Let’s talk about grand totals. In just six months I have made in cash a 43% return on my money. I reinvested all of that, admittedly, that 43% didn’t come back to me, because I chose not to pull it out. I chose to reinvest it.

This month, I made 8.66% of what I invested in total. For those keeping score, that’s about 1700 dollars. Not bad for not having that much invested. The other interesting thing is that for three weeks this month, and all weeks last month, I was selling puts, and those were not executing. That means that I made a lot of money from never having the puts execute.

What did that really mean? I was reinvesting my put premiums to increase the number of contracts I could go after. So, my number of contracts went from 9 to 15 in just a few short weeks.

A clear reality: because the stock market has been going down a lot lately, I have experienced my overall value of my stock go down as well. Here’s the difference with what I was doing previously: I am actually making money while the stock is going down. If I were pulling that money out, I would be making money from it.

I bring this up now to segue into our discussion about mindset.

So, let’s talk about mindset.

Here are several things you, as an educator, have abdicated: 1. Your personal salary negotiations have likely been abdicated to a union or association. 2. Your retirement is either in a pension or a 403b, and you have likely abdicated responsibility for taking care of your retirement to someone else. 3. Your salary increases have been abdicated to a union or association.

To be clear, these are not bad things, and there are many who have found success by abdicating these things to someone else. That’s not the issue here.

What I want to encourage you to do is to take control of your finances and your wealth.

Here’s how my first conversation when I was a first year teacher: What would you like to invest in? I don’t know, what’s a good decision? Well, you’re not going to retire for a while, so X mutual fund would be good. Ok. Let’s do that. She finished by saying this was her easiest meeting of the day because I didn’t have any questions. It took me a few years to realize that was a subtle dig.

So, what mindset do you need to have?

I think three mindsets are very important.

1. You need an open mindset
2. You need a curious mindset
3. You need an investor’s mindset

Let’s talk about each of these.

You’re open to possibilities. You’re open to new ideas and new way of doing things. You’re open to the idea that maybe you haven’t been doing everything so well.

I think that this one is the most challenging for educators. We’ve believed and acted a certain way our whole careers and so it is very challenging to do something different and think a different way.

One of the best books on this particular subject of changing your mindset is Rich Dad, Poor Dad. It tells of Robert Kiyosaki’s young life in hawaii and the things he learned from his own dad (an educator in Hawaii) and his rich dad (his best friend’s dad). This book will really speak to you because he details how his educator dad thought compared to his investment minded friend’s dad.

That’s an action step for getting an open mindset: read Rich Dad, Poor Dad.

Curious means that you need to ask questions. You need to seek out information from others.

You need to learn what other people are doing. The tip for being more curious is “Tell me More” should be on the tip of your tongue whenever you’re talking with someone else.

Here’s the simplest way I can put this: You ask what your money is doing for you.

An investor’s mindset is pretty much the opposite of a consumer’s mindset. A consumer mindset is all about how I can spend my money, while an investor’s mindset is all about how can I deploy my money to work for me.

This is what we are going to focus on here in this show. Regardless of whether you’re investing in real estate, businesses, your own business, or yourself, you’ve got to get out of the consumer mindset.

The best tip I can offer to get started is to start investing a small amount of money and see how it feels. Save money if you need to. But start doing something. Taking action is the best way to start making some mindset changes. You can learn how to to do it at mybonusmoney.com.