233: Our Investment Plan for the Bear Market

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Investing, Business

4.8 • 518 Ratings

🗓️ 16 June 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Johnny and Derek do a 1 on 1 episode discussing their investment plan

for the ongoing bear market. What’s changed in their philosophy, now that everything is not just blindly going up, dealing with inflation and what they’re buying/avoiding in today’s market.

Listen to ILAB 233 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Johnny FD – Balkins / IG @johnnyfdj
Sam Marks – Barcelona / IG @imsammarks
Derek Spartz – Los Angeles / IG @DerekRadio

Sponsor:

Shopify
Get 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.
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)

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

Time Stamp:

03:33 – What is a Bear Market?
06:11 – Gas Prices all over the world
11:10 – How much do you think car and housing prices have changed?
16:38 – What is happening with crypto?
22:26 – How has the NFT market changed?
28:26 – What is the first thing to do to change with the bear market?
31:45 – What is the second move to make?
34:55 – What categories have not decreased with the bear market?
38:34 – Do you buy more or do you sell with the bear market?
44:02 – Do you know how many recessions they had in the last 20 years?
54:49 – What is an I-Bond?

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Transcript

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0:00.0	What is up bosses? Since most of you are entrepreneurs out there, you probably recognize this sound.
0:08.1	That is the sound of another sale on Shopify, the all-in-one commerce platform to start, run, and grow your business.
0:17.1	Shopify is our newest sponsor here and invest like a boss. They're a platform designed for
0:22.3	anyone to sell anywhere. Giving entrepreneurs like myself or even Sam and Johnny, all three of us
0:29.1	have used Shopify at some point for one of our businesses. They can customize all your needs,
0:34.4	give you a great looking online store that brings your ideas to life,
0:38.0	and they even have tools to manage your day to day and drive sales.
0:42.4	Make your idea real with endless possibilities.
0:45.4	I'm going to tell you all about Shopify during the break, but if you want to get a head start,
0:50.9	just head over to Shopify.com slash iLab. Now, this is important, the this is important the i l a b make sure it's all
0:58.2	lower case and you'll get a free 14 day trial and get full access to shopify's entire suite of
1:05.1	features you can start selling on shopify today you just got to go to shopify dot slash I-L-A-B. That's Shopify.com
1:14.3	slash I lab. Like I said, I'll tell you more in a few minutes, but let's get this episode started.
1:20.2	Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs
1:25.4	who invest our own money and use modern technology to invest like a boss.
1:28.5	Join us each week for exclusive interviews with our network of modern investors, business owners, and multimillionaires to discover new ways to invest our hard-earned cash.
1:39.4	What is up, bosses? Episode 233 of the Invest Like a Boss podcast. We're closing in on 250. Insane.
1:48.2	Johnny is on the other end. I have no idea where he's at. All I got was a quick glimpse of him
1:54.3	shirtless. And that didn't that didn't really help. It could be anywhere in the world, buddy.
1:58.8	But I am in the Balkans, the former Yugoslavia. Wow. What's going on over there? I think you came from Croatia. I remember there's some kind of nomad conference going on there. What brought you over there? Yeah. I mean, basically I was going to talk to the nomad conference and I decided to stick around the neighborhood because I've never been here. So I took a six-hour bus over to the capital of Bosnia.
2:20.5	Any idea what city that is?
2:23.1	All I can think of is I know we had some kind of conflict in Bosnia in the 90s.
	...

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