180: Teenage Investing with 18-Year-Old Jack Rosenthal

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 18 May 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jack Rosenthal is an 18 year old entrepreneur and investor. He's the author of "Teen Investing" which has become the #2 best selling book on teenage investing. He's also the founder of the Young Investors Club, LLC the largest teen investing club in the country with $120,000 in assets. Lastly, he maintains his own investment portfolio.

Listen to ILAB 180 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Ukraine / IG @johnnyfdk
Sam Marks – South Carolina/ IG @imsammarks
Derek Spartz - Venice Beach / IG @DerekRadio

Sponsor:

Indeed
Receive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB
Support Invest Like a Boss: Join our Patreon

Discussed:

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

*Johnny and Sam use all of the above services personally.

Time Stamps:

09:50 – What age did you start investing and what inspired you to get involved?
10:47 – What kinda stocks did you get started in?
13:00 – Do you have advice for how families can get their children involved in stocks?
13:39 – How do you determine how much you are willing to invest?
15:15 – What drove you to share your story and encourage other teenagers to get involved?
16:48 – How to start investing with your club?
18:16 – Where are your members based?
18:30 – How are the decisions made on what to invest in?
19:05 – How are the assets held and how do distributions work?
20:49 – What have been the biggest wins and losses for the club?
21:55 – What would be the first thing to do as a teenager to get into investing?
23:39 – What kind of assets will you suggest to be involved in?
25:16 – What do you recommend on breakdown when allocating your investment portfolio?
26:29 – What are good summer/part time jobs which can help you get start up income?
28:40 – Did they teach you about finances in school?
31:18 – Tell us more about your book?
33:32 – Did you spend money on something crazy with your return?
35:13 – Johnny and Derek review

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!

Transcript

Click on a timestamp to play from that location

0:00.0	What is up bosses before we kick off this episode? I want to tell you about our sponsor. Indeed,
0:06.0	they are the job site that makes hiring as easy as one, two, three. Post, screen, and interview
0:13.0	all on Indeed. If you're hiring, you need Indeed. So get started right now with a free $75
0:20.7	sponsored job credit to upgrade your job post at Indeed. So get started right now with a free $75 sponsored job credit to upgrade your job post at Indeed.com slash ILab. That's Indeed.com slash I-L-A-B. Offer valid through June 30th terms and conditions apply. All right. Let's kick off this episode of Invest Like a Boss.
0:39.1	Welcome to the Invest Like a Boss podcast. I'm Sam Martz. And I'm Johnny FD. We're self-made
0:43.8	entrepreneurs who invest our own money and use modern technology to invest like a boss.
0:47.6	Join us each week for exclusive interviews with our network of modern investors, business owners,
0:51.7	and multimillionaires to discover new ways to invest our hard-earned
0:54.7	cash.
0:58.3	Hey, Boston.
0:59.2	This is Johnny FD.
0:59.9	And welcome to episode 180 of the Invest, Like a Boss, podcast.
1:04.3	I'm out here in Kiev, Ukraine.
1:05.9	And Derek, you're in sunny, Southern California.
1:09.6	Again, whenever we talk, Johnny, it's not sunny in Southern California.
1:13.9	How is it not?
1:14.8	It's already middle of May.
1:16.7	I bet you if I went a mile inland, it's sunny.
1:19.8	It's just the marine layer here.
1:21.7	Really, we're in the May gray, they call it.
1:25.1	Oh, my gosh.
1:26.1	I'm not there because here it's blooming.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.