In this episode we give an overview of the newly launched podcast Invest Like a Boss with co host Sam Marks and how it may benefit all walks of life. Advice we wish we'd have when we were young including leveraging debt and how to use credit, owning stock, real estate, the purpose of college, the benefit of traveling and most importantly why you should start your very own business. We also discuss the importance of experience and how using an internship and mentor can allow you to learn and network properly to more effectively invest and launch a successful business for yourself today.
Relevant links for guest:
Nomad Summit
Invest Like a Boss
Boss Lounge
Contact Us
Where are we:
Johnny FD – Berlin Germany
Sam – Sinapore
Recommended (books, subscriptions):
Brian Jimmerman For Ex Trading – ILAB 03
Kevin shee REITS – ILAB 07
Robert Kiyosaki – Rich Dad Poor Dad & Cashflow Quadrant
MJ DeMarco – Millionaire Fast Lane
George S. Clason – Richest Man in Babylon
Tony Robbins – Master Money the Game
Discussed (relevant links):
TLAB Episode 105
$25 Amazon Gift Card Contest
Time Stamp - Topic:
02:00 - What is Invest Like a Boss?
04:55 - Learning from CEO’s and multi-millionaires
08:50 - Where Sam invest his personal millions
09:50 - What Johnny did with his $60k payout
10:30 - Drinking whiskey and For Ex Trading
11:40 - Guaranteed safest 2%-3% returns with Annuities
12:50 - Investing in retirement funds
13:10 - Investing in yourself by opening a Brewery
13:45 - The biggest self storage in Hong Kong
14:35 - All investment possibilities with Peerstreet
15:40 - Sam and Johnny’s 2016 portfolio update
17:00 - Thousands of profitable cashflow websites
21:00 - Learning financial mistakes from our parents
25:55 - Opening a bank secure credit card at 17
30:30 - Leveraging debt and credit usage
35:18 - Introduction to money and income
37:45 - Tips on investing in real estate
41:50 - Learning expense reports and P&L management
46:00 - Tony Robbins Master the Game review
49:10 - Biggest first investment mistakes
51:50 - Owning Disney stock
56:00 - How we would invest $10k at 17 years old
58:00 - Investing in yourself is the greatest investment
1:03:00 - The value of college internships & mentors
1:03:00 - Getting arrested 4 times in college
1:07:50 - Why should you start your business today
1:23:00 - Traveling the world with a purpose
1:26:00 - Earn an income while living your passion
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