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Explore every episode of the podcast Invest Like a Boss

Dive into the complete episode list for Invest Like a Boss. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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TitlePub. DateDuration
310: The End of ILAB? Quarterly Update Q1 202513 Feb 202500:54:42

Sam, Johnny and Derek gather for one last quarterly update in an already tumultuous 2025. Is this the final Invest Like a Boss episode? Only time will tell, but for now the guys are reflecting on what they took away from the show and also providing your feedback from 9 years of ILAB. Thanks for the support! This is the public portion of the episode - if you want the full version with video and financial breakdowns from the guys, you can join ourILAB Patreon now for instant access to that and so much more.

Discussed: 

ILAB 259: Dave Zook The "Real Asset" Investor

ILAB 283: Are Vacation Homes Worth the Hassle?

Where we are:

Johnny FD – Kyiv, Ukraine / IG@johnnyfdj

Sam Marks - Bangkok, Thailand / IG@sammarks12

Derek – Los Angeles, USA / IG@DerekRadio

Sponsor:

ILAB PatreonJoin theInvest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month atPatreon.com/InvestLikeaBoss

Time Stamp:

00:55 - Derek's LA Fire Experience / Podcast Studio Burnt

08:57 - Why The Show is Ending

32:12 - What We Got Out of ILAB

42:52 - Listener Feedback on Show Ending


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read ourdisclaimer here.

309: Why Do Mid-Caps Get No Love? An Argument for Mid-Cap Funds 14 Nov 202400:59:40

Sam Marks and Derek Spartz discuss why Mid-Cap Stock Funds seem to get overlooked by investors. They've done a lot of research that shows you may want to add these funds to your portfolio. The guys kick off the show with a little post-election results talk and then dive inot the reasons why mid-caps should not be so easily overlooked in this special 101 episode.

Discussed: 

Where we are:

Sponsor:

  • ​ShopifyShopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab
  • ​
  • ​ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • ​00:21 - Sam/Derek Election Talk
  • ​12:23 - Why Do Mid-Caps Get No Love?
  • ​22:25 - Mid-Cap Historical Performance
  • ​42:52 - Which Mid-Cap Funds to Invest In
  • ​51:52 - What Sparked the Episode Idea?


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

308: Carbon Index Investing with Kraneshares' Luke Oliver (Encore)24 Oct 202401:01:53

An encore airing of our interview (ILAB 190) from summer 2021 with Kraneshares Managing Director Luke Oliver on the Gloabl Carbon Market and their fund $KRBN. Luke will be returning to ILAB soon for a follow up, so we thought it'd be good for you to get refreshed on this ESG investment idea, seeing as it's underperformed the last 18 months. Derek & Sam both personally hold $KRBN and we know a lot of our bosses out there bought in on this initial airing too so we look forward to Luke's return to the show.

Discussed: 

Where we are:

Sponsor:

  • Robinhood
    From October 16-27, 2024, when you transfer your IRAs, margin balances, or other brokerage accounts to Robinhood, there’s no limit to how much you can earn. Head to Robinhood.com/HoodWeek now to learn more.

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 01:12 - Derek Intro
  • 03:07 - Interview Begins
  • 24:20 - This Seems Too Good to Be True?
  • 40:02 - Sam/Derek Recap
  • 55:44 - Sam & Derek Both Bought KRBN


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

307: When Lifestyle Creep Catches Up to You17 Oct 202400:37:17

After speaking about expenses being harder to cover lately, Derek decides to share his daily spending breakdown. Him and Johnny go over the categories and both realize that lifestyle creep is reality now for both of them. They discuss ideas to save money, what things they can slim down and what they may need to cut out all together. With everything getting more expensive and wages not keeping up, this episode is sure to relate to many others out there.

Discussed: 

Where we are:

Sponsor:

  • Shopify
    Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Johnny/Derek Intro
  • 14:52 - Gas/Auto Expenses
  • 18:22 - Our Heads Are in Prices 10 Years Ago
  • 22:27 - Should Derek Leave California?
  • 34:55 - Why Johnny Likes Cheap Places


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

306: Q3 2024 Quarterly Update10 Oct 202400:36:09

Sam, Johnny & Derek all get together for our quarterly update! Lots of things happened in the last 3 months, Sam became a forest monk and tried Ayahuasca, Derek and Johnny met up in Argentina and much more! Lots of health and wellness talk this go around with a little investing as well. This is the preview free version, to unlock the full Patreon only version which is nearly two hours long you must sign up as an ILAB Patreon member - plans start for as low as $5/month and you'll get instant access to the full episode and hundreds of other posts from the guys and a link into the boss community. Thanks for supporting the show so we can continue to make more episodes!

Discussed: 

Where we are:

Sponsor:

  • Robinhood
    Starting October 16th, when you transfer your IRAs, margin balances, or other brokerage accounts to Robinhood, there’s no limit to how much you can earn. Head to Robinhood.com/HoodWeek now to learn more.

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 01:18 - Sam/Johnny/Derek Intro
  • 11:09 - Buenos Aires Recap
  • 18:16 - Ayahuasca Experience
  • 27:56 - Johnny's Missed Flight
  • 31:39 - Sam's Letter to the SEC


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

305: The Economic and Lifestyle Value of Buenos Aires03 Oct 202400:57:19

Johnny and Derek just so happened to both be in Buenos Aires at the same time so they had to do an episode together! We split this into two halves, the first being just hours after Derek landed and then we pick up 2 weeks later when both had time to explore and reflect on the city. They go over the value of every day living in Buenos Aires - food, drink, housing, transportation and more. Plus they cover some of the downsides of the economy and this area of the World.

Discussed: 

Where we are:

Sponsor:

  • Shopify
    Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:21 - Johnny/Derek Part 1
  • 12:56 - How to Get the Best Possible Exchange Rate
  • 20:21 - Part 2 after Buenos Aires
  • 43:45 - How Safe is BA?
  • 49:15 - Would You Go Back to Visit?


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

304: Christian Angermayer on Making Psychedelics Legal, Effective & Profitable20 Sep 202401:24:50

ATAI Life Sciences & Compass Pathways Co-Founder Christian Angermayer joins the show to talk about the roadblocks to getting psychedelics legal in the US and the best way to effectively treat mental health with them. Christian has been making waves recently after appearing on Joe Rogan, and has the backing of Peter Thiel. We've been talking alot about the potential of psychedelics in the past year, and after the FDA's recent disappointing decision... Christian tells us why it may not be all bad news. Sam handles the interview with Christian and then Derek hops in with Sam to talk about their interest in this investment.

The views and opinions expressed by Christian Angermayer in this episode are his own and do not necessarily represent those of atai Life Sciences.

Discussed: 

Where we are:

Sponsor:

  • Shopify
    Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:21 - Sam/Derek Intro
  • 06:09 - Interview with Christian Begins
  • 32:00 - Why FDA Approval is Taking So Long
  • 57:07 - The State of Psychedelic Stocks
  • 01:08:13 - Sam/Derek Outro - Would They Invest


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

303: Why $100K is Key to Becoming a Millionaire05 Sep 202400:32:32

Johnny and Derek break down the power of compound interest in this back to basics reminder episode. They cover why getting to $100K in investments is a huge milestone in the path to becoming a millionaire. They give real life examples of how fast your wealth can grow when you stay focused and don't pull out your investments on frivolous expenses. Share this episode with someone that is just starting out their investment journey or could use a push to start!

Discussed: 

Where we are:

Sponsor:

  • Shopify
    Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 02:45 - Why $100K is So Important
  • 07:40 - Charlie Munger's Model to Get $100K
  • 11:52 - How Fast $1K a Month Becomes $1M
  • 21:20 - The Argument to Spend Your Money vs. Save


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

302: Investing in the Mind with Kadam Morten08 Aug 202401:25:32

While not a traditional money investment, we focus on what may be the most important investment tool you have - your mind! Sam's Kadampa (Tibetan Buddhism) mentor and U.S. National Spiritual Director for the Kadampa Meditation Center. They discuss multiple topics including mindset, happiness, disposition and how to find peace and love in your mind. Then Sam and Derek talk how this relates to their current states in life and discuss how you can take advantage of this practice as well.

About Kadam Morten: Kadam Morten Clausen is the U.S. National Spiritual Director and a senior disciple of renowned teacher and author Venerable Geshe Kelsang Gyato. He has been teaching Buddhism for over 25 years and is a clear, humorous, and compelling speaker. He is also the resident teacher at Kadampa Meditation Center in New York City.

Discussed: 

Where we are:

Sponsor:

  • Shopify
    Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:28 - Sam & Derek Intro
  • 10:47 - Interview with Kadam Morten Begins
  • 25:05 - Changing Your Views Toward Others
  • 52:40 - Will the World Around You Change Along with Your Mind?
  • 01:03:55 - Sam & Derek Outro


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

301: From Bald and Bankrupt to Bald and Banked Up25 Jul 202401:18:02

Our guest this episode is the notorious Mr. Bald from Bald and Bankrupt on YouTube! He's amassed over 4 million subscribers and embarked on many dangerous journies and documented travels to places few have gone to visit. These risks have paid off as Bald actually filed for bankruptcy in the UK before he began filming but is now a certified millionaire thanks to his YouTube channel. Find out how he finally put these funds to use after having them just sit in a zero interest bank account for years.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:33 - Johnny & Derek Intro
  • 05:57 - Interview with Bald Begins
  • 17:40 - Bald's YouTube Strategy
  • 23:30 - When Bald Found Out He's A Millionaire
  • 32:35 - Where Bald Invests His Money
  • 52:12 - Johnny & Derek Outro


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

300: Celebrating 300 Episodes & Quarterly Update Q2 202411 Jul 202400:56:21

We made it to 300 episodes! Sam, Johnny & Derek are all on board for this special episode looking back at 300 episodes and 8 years of Invest Like a Boss. The guys answer listener questions, remininisce on past guests, and discuss the state of the show. This is the public portion of the episode, if you'd like the full version (with video)... you must be an ILAB Patreon member. In the Patreon portion, all 3 hosts also disclose financials and share screenshots of their personal accounts plus what money moves they are making. Here's to 300 more!

Discussed: 

Where we are:

Sponsor:

    • Shopify
      Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

    • ILAB Patreon
      Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Time Stamp:

    • 00:26 - Sam, Johnny & Derek Intro
    • 07:54 - Listener Questions Begin
    • 13:02 - Why Sam Chose Barcelona to Live
    • 28:30 - ILAB Guest Hall of Fame & Shame
    • 39:31 - Lessons We've Learned from Doing ILAB
    • 46:10 - How We'd Each Spend $1 Billion


    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2024. All rights reserved. Read our disclaimer here.

299: Merger Arbitrage Opportunities & Matterport Acquisition20 Jun 202401:02:06

In this episode, we are discussing merger arbitrage opportunities, specifically on a stock that Sam & Derek personally own. We've been talking about Matterport since the metaverse series in 2021, and finally the stock had some life pumped back into it after a takeover offer from CoStar Group in April. Is this a good opportunity to jump in on the deal? We discuss with guest Collin Brantmeyer from the Motely Fool. Then Sam and Derek put in place plans on how they'll try and take advantage of this potential win from a stock that's been a major dog in the portfolio.

Discussed: 

Where we are:

Sponsor:

    • Shopify
      Shopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you’re selling, Shopify’s got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab

    • ILAB Patreon
      Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Time Stamp:

    • 00:20 - Sam & Derek Intro
    • 07:50 - Interview with Collin Begins
    • 15:14 - Structure of the Matterport Deal
    • 20:30 - Merger Tax Implications for the Investor
    • 38:50 - How Sam & Derek will move on Matterport


    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2024. All rights reserved. Read our disclaimer here.

298: What is the S&P 500? A Complete Review06 Jun 202401:02:11

Kicking it back to basics for this episode, Sam and Derek do a complete review of the S&P 500. What is it, how did it began, how has it historically tracked, and how do you invest in it. The guys go over all these points and gameplan how they'll further invest in the index going further.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 03:13 - What is the S&P 500?
  • 14:20 - Largest Companies in the S&P
  • 22:09 - S&P Sector Breakdown
  • 45:30 - Dividends in the S&P
  • 50:00 - Low Fee S&P Index Funds


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

297: Investing in Whisky with London Cask Traders23 May 202400:59:48

Our first episode ever on the topic of whisk(e)y features guest Oliver Court, Managing Director of London Cask Traders. There are many parallels to our previous episodes on investing in wine and we find out how it differs in the spirits space. After the interview, Derek and Johnny discuss why they think whisky may be the better investment choice of the two.

Discussed: 

Where we are:

Sponsor:

Time Stamp:

  • 00:21 - Derek/Johnny Intro
  • 04:56 - Interview with Oliver Begins
  • 24:23 - Where is the Whisky Stored?
  • 34:04 - What are the fees?
  • 42:03 - Johnny/Derek Discuss Whisky Advantages


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

296: Side Hustles 101 - Mastering the Driver Apps09 May 202400:41:51

Derek and Johnny kick off the first in a series of side hustle episodes to help you earn quick cash to invest or just pay the bills! The guys start out with the easiest way to get started with a side hustle - the driver apps. Almost every country in the World has apps that let you drive people, food or other items and also have a low barrier to entry. Derek and Johnny go over the best tips to help you maximize earnings on these platforms and help you make some extra income fast!

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 01:50 - Derek/Johnny Intro
  • 05:52 - Derek's Experience Using Apps
  • 14:24 - What You Need to Start
  • 25:14 - Who Tips Best?
  • 39:20 - Future Side Hustle Topics


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

295: Q1 2024 Quarterly Update25 Apr 202400:36:03

Quarterly Update time! Sam and Johnny sit down to talk about what they've been up to the last 3 months and what's the plan for the next 3. Johnny talks visiting family, being in the worst shape of his life while on the opposite end Sam discusses living essentially alone but in the best shape of his life. Afterwards, the guys go Patreon only for financial updates, portfolio shares and Derek even gives life updates on his Patreon exclusive as well. Sign up for ILAB Patreon now for as low as $5/month to get full access to the entire queartely update and so much more!

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 01:25 - Sam/Johnny Intro
  • 08:32 - Johnny's Travel Plans
  • 19:15 - Sam's Travel Plans
  • 21:40 - Sam's Enlightenment
  • 34:06 - Sneak Peek into Patreon Discussion


If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

294: Matthew 'Whiz' Buckley on Flying in Top Gun, Trading Options & Taking Psychedelics11 Apr 202401:19:23

Matthew 'Whiz' Buckley of Top Gun Options & No Fallen Heroes Foundation speaks with Sam about his many interesting lives! Buckley served in the U.S. Navy's elite "Top Gun" flight program (including on 9/11), then left the military to work in the financial markets. He really found his niche in options and made enough in the 2020 downturn to be independently wealthy. Around the same time as finding financial success, Matthew also discovered the healing power of psychedelics and their potential to help struggling first responders - this gave way to his No Fallen Heroes Foundation. Enjoy this interesting conversation on flying, drugs and trading options! Afterwards, Sam & Derek opine on why they haven't dug into options trading until just now thanks to a nudge from Buckley.
About Matthew 'Whiz' Buckley: Decorated F/A-18 Hornet fighter pilot, TOPGUN Graduate, and Wall Street CEO. He’s taking his experience going supersonic and applying it to Options Trading.
Wall Street CEO Served as the Managing Director of Strategy for a multi billion dollar volatility arbitrage firm and later became the CEO of a financial media company that rivaled CNBC Decorated F/A-18 Hornet fighter pilot, Graduate of the Navy Fighter Weapons School (TOPGUN).

Served during Operations Southern Watch, Noble Eagle, and Enduring Freedom, flying combat sorties over Iraq from USS Abraham Lincoln and USS Kitty Hawk. Founder of the No Fallen Heroes Foundation Whiz works with Veterans and First Responders to help them find healing with Psychedelic and entheogenic medicine.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Sam/Derek Intro
  • 04:47 - Interview with Buckley Begins
  • 16:00 - Why Trade Options?
  • 31:04 - The Impact of Psychedelics
  • 52:00 - Companies to Trade in Psychedelics
  • 58:25 - Sam/Derek Recap & Talk Getting into Options

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

293: Building a Dream Charity in Bali | Peduli Learning Center28 Mar 202401:02:07

Sam interviews Mazi Sadri & Dedy Tein, co-founders of the Peduli Learning Center in Bali, Indonesia. They discuss how they were able to secure land and build a supplemental school from the ground up at a surprisingly affordable cost. Mazi & Dedy break down costs to build, sustain and how they plan to expand into the future with this noble cause. Johnny joins Sam in the outro to discuss Peduli and other charitable efforts plus we draw winners for our March book giveaway!
About Mazi Sadri:
Spanning a career in Consumer & Enterprise Technology Product Management for 20+ years, Mazi has worked with many startups to large scale organizations leading product development, fundraising & startup architecture. After seeing an opportunity in bringing the same skills in Education he partnered with Dedy to bring the vision of an educational program bringing similar opportunities to the community he now calls home.
About Dedy Tien: Growing up in a remote area in Indonesia, unable to read or write, he was taught English by caring strangers. This skill opened up opportunities for him to live and work in Australia. Eventually, he wrote multiple books, started a real estate business, and dedicated his life to giving back through Peduli.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Sam/Johnny Intro
  • 05:47 - Interview with Peduli Begins
  • 14:47 - What Does the School Look Like?
  • 20:03 - Cost Breakdown of Running the School
  • 26:29 - Why Not Use All Volunteers?
  • 48:29 - Sam/Johnny Recap & Book Drawing

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

292: Using A.I. To Manage Traffic with Parquery CEO Andrea Fossati14 Mar 202400:49:16

There's a lot of buzz around A.I. and what the future holds... but what about its potential to change today's problems? All of us deal with traffic in our cars and there are A.I. systems already in place around the World helping to solve this issue. One such company is Switzerland based Parquery. Johnny speaks with CEO & Co-Founder Andrea Fossati to find out how they're able to help better control the flow of traffic both at intersections and in parking management. Then Johnny and Derek reflect on the good and bad traffic systems they've encountered around the world and how they'd execute Parquery's technology to optimize profitability.
About Andrea Fossati: Andrea Fossati co-founded Parquery in 2014 as a spin-off from ETHZ (Swiss Federal Institute of Technology of Zurich) and is currently its CEO. Parquery launched the first video-based Smart Parking Project in 2015 and is currently running 100+ Smart Parking and Mobility projects worldwide. Andrea Fossati received a Master of Science in Computer Engineering from Politecnico di Milano in 2005 and a Master of Science from the University of Illinois in Chicago in 2006. He completed his PhD at the Computer Vision Laboratory (CVLab) at the Swiss Federal Institute of Technology of Lausanne (EPFL). Since 2010, he has been working as a postdoctoral scientist at the Swiss Federal Institute of Technology of Zurich (ETHZ), where he has conducted research in various computer vision sectors and co-edited the book "Consumer Depth Cameras for Computer Vision", which was published by Springer in 2012.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Derek/Johnny Intro
  • 05:03 - Interview with Andrea Begins
  • 20:39 - Obstacles to Implementing A.I. Cameras
  • 26:45 - Was this technology around before the A.I. hype?
  • 31:46 - Derek/Johnny Recap What Traffic Problems They've Seen

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

291: Stem Cell Therapy and Alternative Healthcare29 Feb 202401:22:26

This episode may not be a financial investment for your wealth, but one for your health - which is arguably even more important! After Sam tried stem cell therapy for the first time on his knee, we decided to have an expert on the show to talk about this exciting alternative to traditional healthcare. Ryan Alling is the Co-Founder of Luxury Stem Cells, which specializes in catering to American patients and provided various stem cell treatments at their clinic just over the border in Tijuana, Mexico. Ryan and Sam talk about the many benefits of stem cells and struggles to bring them to the mainstream in the United States. Then, Johnny jumps in with Sam to talk about their personal experiences with stem cells and whether they'd want to try them in the future.

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Sam/Johnny Intro
  • 05:16 - Interview with Ryan Begins
  • 20:53 - Different Types of Stem Cells
  • 36:09 - What are Peptides?
  • 01:01:22 - Sam/Johnny Recap Sam's Stem Cell Experience

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

290: Generate Higher Passive Returns Selling Shareholder Voting Rights15 Feb 202400:54:36

We dig into a new platform called Shareholder Vote Exchange (SVE) to unlock value in proxies you are issued for each individual stock you own. As far as we know, SVE is the first of its kind to take on this concept at scale, and this could be an easy passive way to earn extra returns on assets you already own! Derek interviews SVE Founder & CEO Preston Yadegar to find out how it all works and how the company can convert your unused votes into additional revenue. Then Sam and Derek convene on the concept and potential of this, plus throw in a little talk about wine as well (of course!).

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

  • 00:20 - Sam/Derek Intro
  • 10:17 - Interview with Preston Begins
  • 17:35 - Can You Buy Your Way Onto a Corporate Board?
  • 25:38 - How the SVE Platform Works
  • 40:08 - Sam/Derek Thoughts on SVE & Voting Rights

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2024. All rights reserved. Read our disclaimer here.

289: What's Your Retirement Number? Plus 4 Ways to Spend It Down01 Feb 202401:13:25

Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a Patreon HERE & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working. Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 00:20 - Sam/Johnny/Derek Intro
    • 03:15 - Dave Ramsey 4% Rant
    • 12:41 - $500K-$20M Retirement Income Breakdowns
    • 32:00 - Jared Dillian's Rant on Consumption Being Good
    • 50:09 - Why Millions May Not Go As Far As You Think

    • If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

      Copyright 2024. All rights reserved. Read our disclaimer here.

288: Dave Ramsey Personality George Kamel on Breaking Free from Broke18 Jan 202400:58:51

George Kamel is the 3rd Dave Ramsey Personality (links to previous below) to join Invest Like a Boss and he has a new book out titled Breaking Free from Broke: The Ultimate Guide to More Money and Less Stress. This interview was recorded in November 2023 and was held until the book came out (this week!). George goes over basic debt avoidance principals and all the money traps designed to keep people broke and how to avoid them. Soon after the interview, there was controversy about a video George made about the 4% rule that went against a Ramsey principal... Johnny and Derek address that in the outro.

About George Kamel: George Kamel is a Ramsey Personality and personal finance expert. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. Since 2013, he has served on the Ramsey team, speaking across the country, co-hosting top-ranked Ramsey Network podcasts, like Smart Money Happy Hour and The Ramsey Show. On his YouTube channel, George educates and entertains, exposing the financial system designed to keep you broke. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom. Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 00:20 - Derek/Johnny Intro
    • 05:40 - George Kamel Interview Begins
    • 20:50 - Why Credit Cards are Bad
    • 42:45 - Outro/Viral Moment of Dave Ramsey Getting Mad at George Kamel

    • If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

      Copyright 2024. All rights reserved. Read our disclaimer here.

287: Jared Dillian on How to Live a Stress-Free Financial Life11 Jan 202400:41:16

A bit of a format flip on this episode as Sam and Derek tag team an interview with Jared Dillian, author of the new book No Worries: How to Live a Stress-Free Financial Life. Jared has had quite an interesting background from working at Lehman Brothers during their 2008 collapse to building a successful financial newsletter and podcast. The first half of the episode digs into Jared's thought on the current state of the economny, the effect of an inverted yield curve and his thoughts on the FIRE movement. We then jump into the principles discussed in the book for the second half of the episode.
About Jared Dillian: Jared Dillian is the editor of The Daily Dirtnap, a daily market newsletter for investment professionals, continuously published since 2008. He graduated from the United States Coast Guard Academy in 1996 with a B.S. in Mathematics and Computer Science, from the University of San Francisco in 2001 with a Masters in Business Administration, concentration in Finance, and from the Savannah College of Art and Design in 2023 with a Masters in Fine Arts in Writing. Jared worked for a small floor market maker on the Pacific Options Exchange from 1999-2000, and was a trader for Lehman Brothers from 2001 to 2008, specializing in index arbitrage and ETF trading. He is also the author of STREET FREAK: Money And Madness At Lehman Brothers, which was named Businessweek’s #1 general business book of 2011, and the novel ALL THE EVIL OF THIS WORLD, published in 2016, THOSE BASTARDS: 69 Essays on Life, Creativity, and Meaning, published in 2023, and NO WORRIES: How To Live a Stress Free Financial Life, to be published in 2024. Additionally, Jared is an adjunct professor in the business program at Coastal Carolina University. Jared is also an investment strategist at Mauldin Economics, and previously contributed to Bloomberg Opinion, Forbes and TheStreet.com. His media appearances include MSNBC, Fox Business, Bloomberg TV, BNN, The New York Times, LA Times, Business Insider, Marketwatch, Yahoo! Finance, and dozens of local and syndicated radio programs. He is also the host of The Jared Dillian Show, a nationally syndicated radio show on personal finance. In his spare time, Jared is a progressive house DJ and speaks frequently on mental health issues at financial institutions. Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 00:30 - Interview with Jared Dillian Begins
    • 05:16 - What's An Inverted Yield Curve?
    • 14:50 - Jared's Thoughts on the FIRE Movement
    • 17:42 - Key Points of the Book
    • 34:34 - Sam & Derek Wrap Up & Recap

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2024. All rights reserved. Read our disclaimer here.

286: Q4 2023 Quarterly Update09 Jan 202400:30:34

It's quarterly update time & the end of another year. Johnny has left Ukraine and Sam is back in the U.S. for the holidays. Sam shares what he's been up to during his "zen" sabbatical, Johnny finds a new routine in Thailand, and the guys discuss their 2024 travel plans. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss.

 

Discussed: 

Where we are:

Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 00:20 - Johnny & Sam Catch Up/NYE Plans
    • 07:15 - State of the World thru the eyes of Sam & Johnny
    • 17:04 - 2024 Travel Plans
    • 21:18 - Sam's new daily zen routine

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2024. All rights reserved. Read our disclaimer here.

285: Russia-Ukraine War Economics with Jake Broe07 Dec 202301:10:58

As the deadline looms for the United States to decide on continuing to fund Ukraine in their ongoing war with Russia, Johnny reached out to a fellow YouTuber who specializes in the war. Jake Broe has amassed nearly a half million YouTube subscribers due to his reports on what's happening with the war. Jake joins Johnny for an in-depth conversation on the effects of the United States funding the war and what would happen if funding was cut off. Then Derek and Johnny circle back with their thoughts and discuss Johnny's venture out of Ukraine for the winter.

 

Discussed: 

Where we are:

Sponsor:

  • MasterClass
    Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 02:23 - Johnny & Derek Intro
    • 06:30 - Jake Broe Interview Begins
    • 15:40 - How Funds are Disbursed to Ukraine
    • 26:29 - What Would Happen if the U.S. Became Isolationists?
    • 50:21 - Johnny and Derek Discuss Interview

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2023. All rights reserved. Read our disclaimer here.

284: Escaping Inflation Through Location Arbitrage16 Nov 202300:42:40

Johnny and Derek discuss one of the best strategies to escape inflation: Location Arbitrage. For those of you that can work remotely or do not need to work, living in a cheaper place is the easiest way to get the most bang for your buck. Johnny explains where he has decided to spend the winter at and they compare prices to where Derek is at in Los Angeles, a notoriously expensive place to live.

 

Discussed: 

Where we are:

Sponsor:

  • MasterClass
    Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 02:32 - Johnny & Derek Intro
    • 12:20 - $16 Big Mac Controversy
    • 17:15 - Big Mac Index
    • 20:10 - Cost of Living Resources
    • 32:44 - Why is Thailand Still Cheap?

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2023. All rights reserved. Read our disclaimer here.

283: Are Vacation Homes Worth the Hassle? 26 Oct 202300:57:37
Inspired by a topic that came up in last week's Quarterly Update (ILAB 282) Johnny and Sam go over the actual costs of owning a vacation home versus staying in hotels on vacation. Sam uses his real life examples he personally owns in Thailand and the United States for the cost basis. Results may surprise you on the costs of these properties versus what you could be spending that same amount on in going on vacations around the World! Discussed: ILAB Episode 282: Q3 2023 Quarterly Update Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: WebStreet (Formerly Empire Flippers)WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 01:40 - Sam & Johnny Intro/Catchup 12:00 - Sam's Thailand Vacation Home Costs 23:23 - Sam's U.S. Vacation Home Costs 36:39 - Benefits to Owning a Vacation Home If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.
282: Q3 2023 Quarterly Updates19 Oct 202300:58:40

It's quarterly update time with Sam and Johnny catching up about what life has looked like the last 3 months. The guys both share they've become more introverted and lost their hunger to make more money. They also discuss bad flights, point hacking and how Thailand is changing for the worse. As always, the lifestyle portion is free to the public, but if you also want to also see Sam & Johnny's portfolios and investment portion, you can access instantly when you sign up for the ILAB Patreon at Patreon.com/InvestLikeaBoss.

 

Discussed: 

Where we are:

Sponsor:

  • MasterClass
    Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
  • WebStreet (Formerly Empire Flippers)
    WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE
  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


  • Time Stamp:
    • 02:34 - Johnny & Sam Catch Up/Feeling Introverted
    • 23:45 - Bad Flight Issues
    • 36:33 - Why the Guys are in Chiang Mai Less These Days
    • 50:30 - Sam's Issue with Credit Card Points Hacking

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2023. All rights reserved. Read our disclaimer here.

281: Black Hops CEO Nathan Hyde Talks Australian Beer Business12 Oct 202301:19:12

Derek goes live on location in Australia to interview Black Hops Brewery CEO Nathan Hyde on the challenges of the Australian beer industry. ILAB Bosses may remember that Sam Marks was an early investor in Black Hops (ILAB Episode 06: Invest in Yourself and Startup an Award Winning Brewery) and the company has faced some financial issues as of late. Nathan was brought in earlier this year to help them turn around. Derek and Nathan talk Australian government interference, getting Gen Z into beer, drinking culture and expansion into new markets. Then Sam and Derek give their thoughts on the Australian beer scene and what they think of the current state of Black Hops.

Discussed:

Where we are:

Sponsor:

  • MasterClass
    Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB
  • WebStreet (Formerly Empire Flippers)
    WebStreet is launching their 6th fund. Webstreet buys & operates cash-flowing websites and is now offering SaaS businesses as well! Learn how to invest in this diversified online business portfolio HERE
  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

Time Stamp:

      • 02:34 - Sam & Derek Intro/Catchup
      • 10:06 - Interview with Nathan Hyde Begins
      • 29:40 - Why Nathan Was Brought in as CEO
      • 52:12 - Derek and Sam Recap Australia and Take on Black Hops

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

Copyright 2023. All rights reserved. Read our disclaimer here.

280: Assets vs. Liabilities05 Oct 202300:38:36

After seeing a video online featuring rapper The Game, Johnny and Derek discuss what many assume to be assets, actually turn into liabilities. They talk real estate, cars, clothing, jewelry collectibles and more.... you might be surprised at what items are actually liabilities!

Discussed:

Where we are:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss
  • Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
  • Sam Marks – Bangkok / IG @sammarks12
  • Derek – Los Angeles / IG @DerekRadio
  • Sponsor:

  • ILAB Patreon
    Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss
  • Time Stamp:

        • 02:51 - The Game Clip on His Net Worth
        • 09:15 - Is Your Home an Asset?
        • 17:40 - What's a Bust Down Rolex?
        • 24:23 - Is Your Car an Asset?

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    Copyright 2023. All rights reserved. Read our disclaimer here.

    279: How Johnny FD Turned YouTube into a Full-Time Income Source24 Aug 202300:59:37

    Johnny and Derek discuss the challenges with trying to earn income off of creating YouTube videos. Johnny has estabilshed a large chanell and been able to turn that into a full-time income while Derek is still struggling to grow his channel and monetize. Johnny discusses his strategy, shooting style, schedule and how much he makes per video in this episode. Learn how you can potentially earn a lot of money by becoming a content creator on YouTube!

    Discussed: 

    Where we are:

    Sponsor:

        • Masterworks
          Skip the waitlist and join the tens of thousands of investors who have purchased shares of fine art now at Masterworks.art/ILAB
        • ILAB Patreon
          Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Like these investments? Try them with these special ILAB links:

        • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
          *Johnny and Sam use all of the above services personally.

    Time Stamp:

        • 04:40 - How Johnny Started YouTube
        • 09:35 - How the YouTube Algorithm Works
        • 26:50 - Effect of Having a Big Channel Feature You
        • 33:00 - How Much Johnny Earns Per Video
        • 48:10 - Answering Patreon Questions

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    278: Q2 2023 Quarterly Update03 Aug 202300:39:56

    Midway through the year and time for another quarterly update! Johnny is in Ukraine and Sam is in Thailand for this one. The guys cover experiences living with monks, neighbor disputes, the best places in Thailand and answer your Patreon questions.  In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest to capitalize on current high rates. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss.

    Discussed: 

    Where we are:

    Sponsor:

    • ILAB Patreon
      Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Like these investments? Try them with these special ILAB links:

    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 04:40 - Sam's Monk Experience
    • 13:25 - Thailand Life
    • 22:00 - Sam's bad Neighbor

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    277: Invest Passively in Online Businesses with WebStreet (Formerly Empire Flippers Capital)20 Jul 202301:10:41

    WebStreet Operations Manager Kyle Kuderewski joins the show to tell us about their transition from Empire Flippers Capital into WebStreet and what's coming up to invest in. As a reminder, Webstreet allows you to invest passively in online businesses, whether they be Fulfilled by Amazon (FBA), Content (Affiliate), Software as a Service (SaaS), Kindle Direct Publish (KDP) & more. The funds have been active since 2021 and have built up a solid track record so far. Sam handles the interview as they break down what's available in the upcoming round of funds and how you can invest in the business of WebStreet itself. Then Johnny joins in the end of the episode to share his personal results from investing with WebStreet and what he would choose as his next investment choice of funds within the platform.

    Discussed: 

    Where we are:

    Sponsor:

      • ILAB Patreon
        Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Like these investments? Try them with these special ILAB links:

      • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
        *Johnny and Sam use all of the above services personally.
      • Invest Like a Boss Patreon
        Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

     

    Time Stamp:

      • 04:40 - Interview with Kyle Begins
      • 16:36 - WebStreet Performance So Far
      • 37:50 - Fund Categories Available
      • 42:30 - How to Invest in WebStreet Itself
      • 53:07 - Johnny & Sam Follow Up

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    276: Timeshares 101 - How to Exit This Bad Travel Investment29 Jun 202300:49:56

    Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck. 

    Discussed: 

     

    Where we are:

    Sponsor:

      • ILAB Patreon
        Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss

    Like these investments? Try them with these special ILAB links:

      • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
        *Johnny and Sam use all of the above services personally.
      • Invest Like a Boss Patreon
        Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

     

    Time Stamp:

      • 05:59 - How Johnny Sold Timeshares
      • 12:40 - Different Types of Timeshares
      • 24:52 - Johnny's Family Member Bought a Timeshare
      • 38:24 - How to Exit Your Timeshare

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    275: How to Maximize Your Savings Rate08 Jun 202301:04:32

    U.S. savings account interest rates are at decades long highs, so Sam and Johnny hop in on this 101 episode to help you find ways to maximize your savings rate of return. The guys go over High Yield Savings Accounts (HYSAs), treasury bonds, annuities, money market accounts & more creative ways to get those extra percentage points. They'll also discuss how much savings you should be holding in case of emergencies. They'll also go beyond the United States to help out with some options for our overseas listeners as well. Share this episode with your friends, you'd be surprised how many people do not having any or very little savings!

     

    Discussed: 

     

    Where we are:

    Sponsor:

      • Nom Nom
        At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

    Like these investments? Try them with these special ILAB links:

      • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
        *Johnny and Sam use all of the above services personally.
      • Invest Like a Boss Patreon
        Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

     

    Time Stamp:

      • 10:22 - Savings Best Practices
      • 18:54 - Where to Put Your Savings
      • 27:46 - US Treasury Bonds
      • 32:45 - HYSA vs. Bonds
      • 38:07 - Annuities
      • :

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    274: How To Spot & Avoid Ponzi Schemes with David M. Shapiro18 May 202301:05:39

    This is part two on financial fraud and ponzi schemes. Our previous episode (ILAB 273) featured the biggest ponzi schemes of all-time. Our guest, David M. Shapiro, comes on to help explain how to avoid being involved in a ponzi scheme and what signs to look out for. He also talks the government structure around going after these crimes and some of the newer tech driven financial crimes involving cryptocurrency, identity theft and more. Sam and Derek follow up with their thoughts on the interview and Sam tells us about a ponzi scheme he almost fell into in Thailand.

     

    Discussed: 

     

    Where we are:

    Sponsor:

        • NetSuite
          For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at Netsuite.com/ILAB.

    Like these investments? Try them with these special ILAB links:

      • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
        *Johnny and Sam use all of the above services personally.
      • Invest Like a Boss Patreon
        Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

     

    Time Stamp:

      • 05:35 - Interview with David Shapiro Begins
      • 13:47 - What are the new tech based crimes happening?
      • 24:45 - Is Social Security a Ponzi Scheme?
      • 27:54 - How the SEC Structure Works For Investigations
      • 35:24 - What Government Agencies Have Have Roles in these crimes?
      • 51:20 - Thailand Ponzi Scheme Sam Got Caught In
      • :

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    273: The Biggest Ponzi Schemes of All-Time11 May 202300:49:31

    After both watching the new Netflix docuseries on Bernie Madoff, Sam and Derek decide to dive deeper into the art of the Ponzi Scheme. They discuss how they came about and go over some of the biggest financial fraud cases in history. This is part one of a two episode run on financial fraud and ponzi schemes. ILAB 274 will feature an expert with tips on how to spot fraud in your investments.

     

    Discussed: 

    Where we are:

    Sponsor:

      • Nom Nom
        At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

    Like these investments? Try them with these special ILAB links:

          • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
            *Johnny and Sam use all of the above services personally.



    • Invest Like a Boss Patreon
      Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

    Time Stamp:

      • 06:49 - What's Considered a Ponzi Scheme?
      • 08:11 - Charles Ponzi
      • 12:11 - Enron
      • 20:15 - Tom Petters
      • 27:54 - Allen Stanford
      • 31:25 - Bernie Madoff

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    272: Two Year Status Update on Citizenship By Investment04 May 202300:53:07

    It's been two years since Sam (Spain) & Johnny (Ukraine) embarked on their citizenship by investment journies. Find out where they each stand with respect to what they had to go through to qualify, get residency, and what their next options are. They'll go over hidden filing expenses, ongoing costs, and unexpected things that came up along the way that the citizenship sites don't tell. The guys will also go over why the programs they chose may not have been the best options for their particular situation and what some alternative countries' programs are like.

     

    Discussed: 

    Where we are:

    Sponsor:

        • Invest Like a Boss Patreon
          Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

    Like these investments? Try them with these special ILAB links:

        • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
          *Johnny and Sam use all of the above services personally.

    Time Stamp:

      • 04:00 - Why They Chose Spain & Ukraine
      • 11:00 - Additional Fees To Get Residency
      • 31:04 - Path to Citizenship
      • 30:32 - Why You Can Make Way More From Sober Living
      • 39:54 - Top 10 Residency Programs by Country

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    271: Pace Morby on How To Buy Real Estate & Build Wealth Without Cash20 Apr 202301:11:44

    Star of A&E's "Triple Digit Flip" and expert on creative real estate financing Pace Morby joins the show. Derek interviews him on his new book, Wealth Without Cash, and all the types of ways that Pace has been able to accumulate thousands of pieces of property with little or no money down. Johnny and Derek round it out with their own experiences on house flipping, creative financing and what they think about the TV show.

    About Pace Morby: 

    Pace Morby is known as the go-to “sub to guy” bringing creative strategies to the mainstream real estate investment industry such as subject to and seller finance deals. Pace’s high energy and no BS approach has attracted a loyal following across social media. Though he began his real estate journey as a general contractor running a successful business and then as a HomeVestors franchisee, he and his partner have since amassed over 32 million dollars in buy and hold properties while continuing their full operation of wholesale, fix and flip, and many other symbiotic businesses. Pace is on a mission to over deliver on value, showing others that anyone can start in real estate, be successful, and change their lives and their families’ lives for generations. 

    About Wealth Without Cash

    Want to close MORE deals in LESS time for LESS money?

    For the first time ever, Pace Morby has compiled everything you need to know to build your real estate portfolio and become a millionaire investor without utilizing your own capital--all within a single book!

    From subject-to, to seller finance, and more, these proven creative finance strategies allowed author Pace Morby to acquire more than 1,000 properties and $150 million in assets without using his own cash.

    Whether you’re just getting started as an investor or already have a real estate business, Wealth without Cash will fully prepare you to find off-market leads, uncover sellers’ motivations, negotiate with confidence, close more deals, build a team, and much more.

     

    Discussed: 

    Where we are:

    Sponsor:

    • NetSuite
      For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB.

    Like these investments? Try them with these special ILAB links:

    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 08:12 - Johnny's LA House Flip
    • 12:26 - Pace Morby Interview Begins
    • 18:25 - Why You Should Look for "Expired Listings"
    • 30:32 - Why You Can Make Way More From Sober Living
    • 34:31 - Types of Creative Financing
    • 53:00 - Johnny & Derek's Thoughts on Pace's Strategy & Show

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    270: Q1 2023 Quarterly Update with Sam & Johnny13 Apr 202300:32:22

    It's quarterly update time and Sam & Johnny are together in the same place for this one! They both record from Thailand and cover all things in their recent travels. The guys cover value in Thailand, Japan, business vs economy flights, credit card points, and more. Sam & Johnny both discuss their plans for the upcoming quarter and where they plan on living. In the Patreon only section, they cover what they invested in this quarter and where they are keeping their cash to earn some interest. That section is only available to Invest Like a Boss Patreon members and can be instantly accessed along with hundreds of other member only posts for just $5/month at Patreon.com/InvestLikeaBoss.

    Discussed: 

    Where we are:

    Sponsor:

    • Daffy
      Daffy helps you maximize one of the most generous tax deductions - charitable contributions, allowing you to contribute cash, stock, or crypto on a one-time or recurring basis, take the tax deduction at the time of the contribution, and then distribute those funds to nearly U.S. 501(c)(3). Invest Like a Boss listeners get a free $25 to give to the charity of your choice when you visit Daffy.org/BOSS.

    Like these investments? Try them with these special ILAB links:

    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 01:44 - Where Sam and Johnny are Located
    • 09:23 - Bali vs. Thailand Life
    • 11:27 - Sam Loves Japan and Why
    • 19:13 - Why Price of Business Class Isn't Worth It
    • 25:05 - Why Living Frugally is Important Even When You Have Money

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    269: Jade Warshaw on Paying off $460K in Debt & Working Alongside Dave Ramsey06 Apr 202301:07:06

    Dave Ramsey's newest on-air personality hire Jade Warshaw is our guest on this episode. Derek will talk to her about how she was able to pay off $460K in debt using the Ramsey method while working in music, doing side hustles and practicing life hacks. Jade also gets into what it's like working alongside Dave Ramsey on their show - which is a consistent Top 20 Podcast in the U.S. Johnny & Derek round it out about their thoughts on the Ramsey plan and how they may disagree with certain aspects of it. The guys also get into some of the crazy side hustles they had while trying to pay off their own debt.

    About Jade Warshaw:

    At Ramsey Solutions, Jade Warshaw serves as a debt elimination expert, financial coach and co-host of The Ramsey Show. Jade has a professional background in entertainment and has performed in over 92 countries worldwide. She has appeared on Fox News and Cheddar News and been featured in Fortune magazine. Since paying off over $460,000 in debt with her husband, Sam, Jade has been helping others achieve financial peace. As a co-host of The Ramsey Show, the second-largest talk radio show in America, Jade helps people pay off debt by teaching them to shift their mindset and actions around money.

    Discussed: 

    Where we are:

    Sponsor:

    • Indeed
      No one understands that every single hire counts more than Indeed. Get hiring now when you visit Indeed.com/ILAB.

    Like these investments? Try them with these special ILAB links:

    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 05:50 - Derek & Johnny's Thoughts on the Ramsey Plan
    • 14:28 - Interview with Jade Begins
    • 26:00 - Jade's Side Hustles to Pay Off Debt
    • 35:09 - What Jade Adds to the Ramsey Lineup
    • 49:20 - Derek & Johnny's Side Hustles to Pay Debt

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    268: Russians Driving Up Real Estate in Bali & Thailand30 Mar 202300:50:03

    Johnny & Sam are in the same country for the first time in nearly 2 years! They both find themselves in Thailand, but things have changed drastically since the last time they were there. Since the Russian invasion of Ukraine happened in February 2022, Russians have been fleeing in droves. Top on their list of destinations has been Bali & Thailand. We invite a Bali Airbnb company to give us their expert opinion on what's going on their with the villa rentals. And then Johnny & Sam discuss what they're seeing in Thailand and how it's effecting the real estate market and overall culture. 

    Discussed: 

        •  

    Where we are:

    Sponsor:

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 04:33 - Interview Begins
    • 09:48 - Who's Going to Bali?
    • 20:48 - Johnny & Sam Circle Back
    • 35:07 - Issues with Foreigners Buying Thai Real Estate
    • 39:28 - Russians Influence on Thai Culture

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    267: Space Tourism via Balloon with Zero 2 Infinity CEO José Mariano López Urdiales23 Mar 202301:31:34

    In this episode, Derek interviews Zero 2 Infinity Fouder & CEO José Mariano López Urdiales on a unique take on the space trousim industry. Instead of rockets, Zero 2 Infinity is using balloon technology to (hopefully soon) fly humans into space on a more comfortable, leisurely alternative to the rocket. Zero 2 Infinity also has a satellite delivery business that José explains and lays out the investment opportunities. Sam Marks jumps on the intro and outro to tell us where he's been traveling all through Asia, and tell why he is excited for this space technology... but won't be a passenger himself.

    About José & Zero 2 Infinity:

    Jose Mariano López is the founder and CEO of Zero 2 Infinity, the most active player in Europe in Near Space flights with over 50 successful missions. Jose Mariano is an engineer and a pioneer in NewSpace, whose vision is to make access to Space affordable and sustainable. His seminal work has sparked a renaissance of high-altitude ballooning with applications ranging from telecommunications to Space Tourism. He is a graduate of MIT in Aeronautics and Astronautics and holds 2 patents.

    Discussed: 

    Where we are:

    Sponsor:

    • NetSuite
      For the first time in NetSuite’s twenty-two years as the #1 cloud financial system, you can defer payments of a FULL NetSuite implementation for six months. Learn more at NetSuite.com/ILAB.

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 03:04 - Where Sam's Been Traveling To in Asia
    • 09:18 - Interview with José Begins
    • 13:32 - What Phase of Space Flight We're Currently In
    • 18:14 - What The Balloon Looks Like
    • 39:40 - How Much Are Tickets?
    • 01:05:26 - Sam & Derek Outro

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    266: Navigating the New & Used Car Market09 Mar 202301:00:34

    In this episode, Johnny & Derek discuss one of their favorite subjects - cars! Your vehicle is often the second biggest asset you'll purchase behind your home, so it's important to get what fits your needs best at a great price. They'll discuss the benefits of buying new vs. used, what options are worth paying for, along with some of their favorite cars on the market now. Derek goes over what new car he just bought, how to negotiate with the dealer and get the best deal if you need to finance. Lastly, just for fun, the guys build and price out a new Porsche for Johnny online and see how much more he would have to pay to get something comparable to his used one.

    Discussed: 

    Where we are:

    Sponsor:

    • Indeed
      Indeed knows that when you’re doing everything for your company, you can’t afford to overspend on hiring. Visit Indeed.com/ILAB to start hiring today.

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 01:26 - Today's Car Market for Buyers
    • 08:40 - How Derek Was Able to Rent a Car for 5 Years
    • 18:00 - Buying New vs Used
    • 31:20 - What Derek Bought
    • 39:45 - Building Johnny's Porsche Online

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    265: RAD Diversified CEO Dutch Mendenhall Talks Turning Disasters into Real Estate Profit02 Mar 202300:47:40

    RAD Diversified CEO Dutch Mendenhall returns to the show (last appeared on ILAB 178 & 194) to give us an update on real estate and so much more! Dutch has previously told us about past visionary moves that he was able to capitalize on and this appearance is no different! Find out how he was able to profit from the Russian-Ukrainian War, why he moved out of California, how he is able to purchase more homes in this economic landscape & more. Plus, he addresses concerns about RAD Diversified brought by our listeners who have previously invested.

    About Dutch Mendenhall:

    Dutch Mendenhall is a husband, father, American patriot, and gifted visionary. He leads by example and doesn’t believe in quitting. His leadership across six real estate investment funds combines the science of advanced analytics with new-age Artificial Intelligence, resulting in formidable industry-leading performance. In 2007, Dutch turned his strengths from a career coaching baseball toward consulting in the real estate industry. He became a highly sought-after thought leader in developing real estate education and training.

    Dutch helped thousands of investors earn millions of dollars in real estate revenue. Yet, he knew that a greater purpose still lay ahead. Then, in 2015, Dutch had a vision for what would become RAD Diversified. An exclusive way for his students to partner with him on real estate investments. He felt the calling to help others secure a future for themselves and their families through the power of real estate done right and done together.

    So, Dutch began building the rockstar team and groundbreaking systems needed to accomplish this vision. He partnered with real estate legend Amy Vaughn. Brought on high achievers to design RAD Diversified in a way that would scale up as the vision grew. Today, the RAD Diversified team includes more than 150 people and a portfolio of well over $100 million in diversified real estate assets.

    His ethos is best summed up as People First. Dutch is always working for his people: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business." Dutch does not believe in comparison but sets his sights on his race against himself.

    Discussed: 

    Where we are:

    Sponsor:

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 02:45 - Dutch's Previous Appearances
    • 05:53 - Interview with Dutch Begins
    • 08:06 - Where RADD Looks to Invest in 2023
    • 11:35 - RADD's Move to Profit from Ukraine War
    • 15:45 - Addressing Liquidity Concerns
    • 20:00 - RADD vs. Public REIT
    • 38:36 - Johnny & Derek's Reactions to Interview

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    264: Johnny's Worst Real Estate Investment23 Feb 202300:50:05

    Johnny and Derek sit down for a special one on one episode to discuss Johnny returning to his investment property in Kharkiv, Ukraine. This was his first time back at the property since the war between Russia & Ukraine broke out almost exactly a year earlier. At the time, Johnny's Kharkiv condo seemed like a cash flow dream situation, which thanks to Russia, turned out to be too good to be true. Find out what Johnny found when he arrived and how much he's lost on this investment so far.

    Discussed: 

    Where we are:

    Sponsor:

    • Indeed
      Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today.

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 01:47 - Update from Kyiv
    • 07:33 - Why Johnny Chose to Invest in Kharkiv
    • 11:26 - The 1% Real Estate Rule
    • 17:38 - Airbnb Fees
    • 22:38 - How Johnny Got Back to Kharkiv
    • 27:30 - State of Johnny's Condo When He Arrive
    • 36:30 - Total Costs So Far and What Revenue Johnny Was Able to Collect

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    263: Daffy CEO Adam Nash on State of Silicon Valley & Charitable Giving with Donor Advised Funds16 Feb 202301:34:37

    Sam and Derek partner up on this interview with a man who has been involved in hundreds of Silcon Valley startups as well as working for some of the largest tech companies over the last 30+ years. Daffy Co-Founder/CEO Adam Nash joins the show to talk the current state of technology and funding, and his move to non-profits and charitable giving through his new Donor Advised Fund platform Daffy. Sam and Derek share some stories on their experiences with giving and also have some fun, although embarrassing, stories to share with the audience on how we got this interview to work.

    About Adam Nash:  
    Adam Nash is the co-founder and CEO of Daffy.org, a not-for-profit community built around a new, modern platform for giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns, the country’s fastest-growing financial wellness system, and Shift Technologies. Adam also teaches the “Personal Finance for Engineers” course at Stanford and was previously president and CEO at Wealthfront.

    About Daffy: 
    Daffy is the Donor-Advised Fund for YouTM, a not-for-profit community built around a new, modern platform for giving, one built around the commitment to give, not the amount you give. It empowers people to be more generous, more often through a seamless mobile experience that helps members set money aside, watch it grow tax-free, and donate to more than 1.5 million charities. Started by technology veterans and backed by Ribbit Capital, XYZ Ventures, and Coinbase Ventures as well as prominent individual investors, Daffy provides a number of
    member-focused features that make giving an easy habit to keep. To give with Daffy, visit daffy.org or search “Daffy” in the App Store.

    Discussed: 

    Where we are:

    Sponsor:

    • Indeed
      Indeed knows when you’re growing your own business, you have to make every dollar count. That’s why with Indeed, you only pay for quality applications that match your must-have job requirements. Visit Indeed.com/ilab today.

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 04:36 – Adam Nash's Resume
    • 08:17 - Zoom Issues - Why We Shared the Interview
    • 14:17 - Adam Nash Interview Starts
    • 42:39 - How Daffy Works
    • 53:00 - Tax Savings Benefits of Donor Advised Funds
    • 1:10:51 - Sam & Derek Outro - their DAF Experience

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    262: Closed End Funds (CEFs) & Lucrative Investor Newsletters with Michael Foster09 Feb 202301:09:03

    Sam and Johnny kick off the episode talking Sam's trip to Andorra and revisiting the past appearances of our guest this week, Michael Foster. Michael has appeared twice before on ILAB in episodes 63 (Listen Here) and 68 (Listen Here) both back in 2017. Sam then interviews Michael Foster on both the advantages of Closed End Funds (CEFs) and how much money one can really earn from having an investment newsletter subscription. Sam learns he may have been investing with his CEFs in a less effective way as Michael explains his strategy. Johnny & Sam circle back and discuss their investing philosophies for 2023 after a rough last year and if CEFs fit into them.   

    About Michael Foster:  

    Michael Foster is the Lead Research Analyst for Contrarian Outlook, where he writes CEF Insider. He has written on high-income assets, dividends, closed-end funds and exchange-traded funds for a number of publications including Forbes, Bankrate and SeekingAlpha. Michael finished his PhD in 2008 and has been advising investors since 2011.

    Discussed: 

    Where we are:

    Sponsor:

    • Nom Nom
      At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 01:30 – Sam's Trip to Andorra
    • 04:50 - Why we Brought Michael Back on the Show
    • 11:15 - Michael Foster Interview Starts
    • 22:40 - Why Do You Need to Write a Newsletter if You're a Good Investor?
    • 35:20 - Michael's Buy & Sell Strategy for CEFs
    • 43:25 - How Much Money Can You Make on a Newsletter?
    • 59:58 - Would Johnny Invest in CEFs and will Sam Buy More? 

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    261: Impact of ChatGPT & Generative Artificial Intelligence02 Feb 202301:17:52

    ChatGPT has taken over the conversations of the internet and (literally) writing millions of new conversations utilizing generative AI technology. We bring back guest Tom Taulli (last on ILAB 163) to break down the basics of ChatGPT technology, the company that created it and how we may be able to invest int he future of Artificial Intelligence. Sam and Derek then go through their experiments with using ChatGPT and its potential world changing impact on technology as we know it. 

    About Tom Taulli: 

    Tom Taulli is an advisor/board member to startups and the author of Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems. He also writes for various publications like Forbes.com, Kiplinger and Barron's. Besides his writings, Tom has founded several high-tech companies. They include WebIPO, BizEquity and Hypermart.net, which was sold to InfoSpace.

    Discussed: 

    Where we are:

    Sponsor:

    • Shopify
      Shopify simplifies selling online and in-person so you can focus on successfully growing your business. Sign up for a $1/month trial period at Shopify.com/ilab

    Like these investments? Try them with these special ILAB links:

    • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
    • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
      *Johnny and Sam use all of the above services personally.

    Time Stamp:

    • 01:41 – Sam & Derek Catch Up
    • 07:56 - Tom Taulli Interview Starts
    • 22:45 - Elon Musk's Involvement
    • 30:15 - AI Investment Ideas
    • 48:30 - Sam & Derek's Experiments with ChatGPT
    • 60:00 - OpenAI Taking on Google

    If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.

    © My Podcast Data · Independent project · Data from Apple & Spotify