Sam Marks and Johnny FD are here to talk about their 2019 financial resolutions, life plans, and investment updates. Although this may have been their worst performing quarter since they started the podcast there were many other gains.

During this episode, you’ll hear an update on Sam and Johnny’s investment accounts such including Vanguard, Wealthfront, PeerStreet, Fundrise, and Forex. Learn a few simple but effective tips for new investors and how Sam and Johnny plan to grow their own bank accounts. Find out how much money is enough to live the life you want!

Check out the new Invest Like a Boss Summit in Vegas!

Links:

• Digital Nomad Conference: NomadSummit.com
• Invest Like a Boss Summit: Live Event

Where we are:

• Sam Marks & Johnny FD: Chiang Mai, Thailand

Discussed:

• ILAB 105 – Cap Rates – Understanding Real Estate Yields and Valuations

Recommended:

• 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)
• Betterment – Get up to 1 year managed free
• PeerStreet – Get a 1% yield bump on your first loan
• Wealthfront – get your first $15,000 managed free

Book:

• Mastering the Market Cycle: Getting the Odds on Your Side Hardcover - Howard Marks

Time Stamps:

• 03:47 - The life of Chiang Mai, Thailand
• 08:40 - Setting new year resolutions and travel plans
• 14:08 - “I have this superficial goal of getting to 100 countries” - Sam Marks
• 17:07 - The Spanish Non-Lucrative Residence Visa
• 23:12 - Quarterly update on our investments
• 23:15 - “This has been the worst performing quarters since we started the podcast” - Johnny FD
• 27:46 - Vanguard vs Wealthfront
• 31:06 - Basic startup tips for new investors
• 33:07 - Cash, PeerStreet, Fundrise, Forex wins in the downmarket
• 39:20 - New investment update from last quarter
• 47:33 - Invest Like a Boss live conference and meetups
• 54:59 - Johnny's plan to reach a millionaire dollar net worth
• 56:51 - Sam explains the up and downs of startups
• 01:10:30 - How much money is enough to live the life you want

If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2019. All rights reserved. Read our disclaimer here.

Eddie Lorin is the founder of Founder of Alliant Strategic Preservation Funds, an integrated owner/operator of affordable and workforce housing across the U.S. They sponsor a variety of residential real estate equity funds focused on economically distressed communities.

If you're planning to realize a sizeable capital gain in the near future, the time is right to learn about opportunity funds so you can make an informed investment decision.

During this episode, Eddie will share how your investment in Opportunity Zones have the potential to pull millions of Americans out of poverty and generate both financial and social returns for investors. Find out what exactly O Zones are and ways to put yourself in a position to understand this business in order to successfully invest yourself. Listen towards the end to hear Sam Marks and Johnny FD discuss a potential downside to O Zones.

Links:

• Alliantstrategic.com
• The Fundrise Opportunity Fund

Recommended:

• 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)
• Betterment – Get up to 1 year managed free
• PeerStreet – Get a 1% yield bump on your first loan

Where we are:

• Sam Marks - Gold Coast Australia
• Johnny FD - Chiang Mai, Thailand
• Eddie Lorin - California

Discussed:

• Join The Boss Longue

Time Stamps:

• 06:47 - An introduction: Three components to O Zones
• 07:42 - “Three states in the country actually got 80% got all the venture capital in the last 50 years” - Eddie Lorin
• 11:00 - What happens on the rental income after acquiring a low-income unit?
• 15:06 - The 100% basis rule and housing crisis explained
• 24:56 - “We should revitalize every single census tract” - Eddie Lorin
• 30:58 - How to invest into an opportunity zone funds
• 33:29 - “The ultimate impact investment is low-income housing” - Eddie Lorin
• 34:01 - Ways to be smarter than the average person
• 36:01 - Learning to manage your own property and lend money
• 41:38 - Viewing the interactive opportunity zone layout map
• 44:57 - Is the only downside to O Zones gentrification?
• 49:00 - The Fundrise Opportunity Fund breakdown

 
If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2019. All rights reserved. Read our disclaimer here.