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Invest Like a Boss

48: Q1 Investment Updates: Invest Like a Boss

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8518 Ratings

🗓️ 5 April 2017

⏱️ 74 minutes

🧾️ Download transcript

Summary

It’s the end of Q1 and Johnny and Sam catch up on all things including investment performance, winners and losers, what their Q2 plans are, and major takeaways from the last 3 months of Invest like a Boss episodes. They also reveal and disclose their personal investments and asset allocations including some investments you may not of known about.

On this episode, you will also hear about which investments of theirs have recently started cash flowing, clarifications and discussions from previous episodes, and their thoughts on early retirement. Each quarter, the two hosts will maintain an episode in this format to formally catch up on all things personal finance and investing related. We hope you find value in this Q1 update from Invest Like a Boss.

 

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Discussed:

Just bought more facebook stock - Johnny FD Blog Post

Digital Nomad Live Talk

 

Books:

Dotcom Secrets  - Russel Branson
The 10X Rule - Grant Cardone
Rich Dad Poor Dad - Robert Kiyosaki
Infantry Attacks - Erwin Rommel
The Sale of a Lifetime - Harry S. Dent Jr

 

Time Stamps:

02:19 - Learning to surf
06:02 - Retiring at a young age
12:34 - Stocks, bonds, and funds
15:48 - Vanguard quarterly income returns
20:37 - Cash investments
22:40 - Wealthfront updates and accounts
28:22 - Fundrise REIT investment cap
30:36 - Maple Tree & Hong Kong storage
35:50 - Lending Club account value
38:14 - Buying a Maserati with foreign exchange trading
44:19 - Sams asset allocation update
53:04 - Future market crash
55:22 - Buying Tesla & Facebook Stock
58:44 - Investing in our health
1:05:25 - Retire and become a millionaire

 

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 2017. All rights reserved. Read our disclaimer here.

 

Transcript

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0:00.0

This episode is sponsored by SaneBox, helping you reach your goal of inbox zero and decodering both your email and your life.

0:06.5

Visit Sanebox.com slash Invest like a Boss and clean up your inbox today. We'll tell you more about the benefits of SaneBox during the break. Enjoy this week's episode.

0:14.5

Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. 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. Hey, guys, it's Johnny. And welcome to episode 48 and Invest Like a Boss podcast. Back here, Sam Marks. Hey, Johnny, welcome back. Man, we haven't

0:38.3

done an episode together in a long time, so I'm looking forward to it. I'm really excited because

0:43.1

there's so much has happened since then. And let's just kind of jump straight into it.

0:48.3

Where are you right now? I just arrived from Austin. I was in Austin, Texas for a week, and I'm now in a little place that's

0:57.6

kind of wedged in between the state of Georgia and South Carolina near Clemson University.

1:04.2

We built, my family built a house, a really small little house on a lake here about five years ago,

1:09.2

and we just got it set up with internet and dude

1:12.4

it's awesome there's zero distractions it's in this little a gated golf course community and it's it's all

1:18.7

old people and i just love old people i've just found that they're just so nice to be around so i'm

1:24.0

really enjoying it where are you oh i love that, first off, why am I not with you?

1:28.8

Why didn't I get an invite out there? Well, dude, I invite you everywhere I am, but you're always,

1:33.5

you're always in the southeast tropics and never want to, not ever want to venture over here.

1:39.1

But dude, I'm telling you, if you came here, it's, it's so fun because it's all these like 65 year old kind of like retired business people. And all they do all day is play golf and go to happy hour. But they're not, you know, a lot of people we hang out with, they kind of get annoying after a while. Like everyone's just like chit chat, chit chat on their phones and stuff. don't even have phones. Like, they're so old school. It's a total throwback, so it's really fun. That's so funny. Yeah, I would definitely love to check that out next time I'm in town. I was supposed to be in either Poland or Banxo Bulgaria right now to be skiing. But then I realize I don't like the cold. So I decided to stay

2:20.4

another month in Bali. Well, dude, you know when you're in ski country, it's like a different

2:25.2

type of cold. It's not like you're in New York City in the middle of winter type of cold. It's

2:29.3

like you're there for a purpose and you're skiing and it's it doesn't feel cold it feels like

2:34.5

vacation and i definitely want to take a vacation to and learn how to ski summer but i don't think

2:40.7

i want to go for two months i think i'm gonna i should probably test it out for a week or two first

2:44.6

and then have an escape so i've been learning how to surf so every other day i've been going

2:50.2

pataling out we're trying to paddle out trying to stand up trying to stay up and bali's So I've been learning how to surf. So every other day, I've been going paletting out.

...

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