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Invest Like a Boss

92: Q1 Updates – Sam & Johnny on Investments, Business, and Travel

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8518 Ratings

🗓️ 16 April 2018

⏱️ 64 minutes

🧾️ Download transcript

Summary

Co-hosts Sam & Johnny are up for the first quarterly update of 2018 as investors, entrepreneurs, and travelers who share their own experiences. During the first 3 months of this year, they have interviewed several experts in the field of investing and have tried some investment platforms that they learned during the show.

On this episode, Sam & Johnny share their investment updates including the significant investments they ventured in and the downturns of some of their investments during the 1st quarter. They also share their work progress in the past 3 months and how their returns and income look like. They show us their trail during their travels and the countries that made the most impact on them. Listen to this episode to learn some tips and strategies for investing, building businesses, and traveling.

 

Where we are:

Sam - Tampa, Florida

Johnny - Kathmandu, Nepal

 

Q1 Travel

Sam – SE USA Road Trip >> Brazil > Denver > Tahoe > Napa > Tampa

Johnny – Chiang Mia >> Nepal

 

Q1 Book Reading
- Principles
- Home Dues
- Upside of Inequality
- The Path to War
- CryptoAssets

 

Discussed:

ILAB 84 – Note Investing 101, with Dave Van Horn

ILAB 88 – Structuring Tax-Free Income, Puerto Rico Act 22 – Jorie Roberts

ILAB 90 – HSAs 101, Health Savings Accounts with Evan Prokup of HSAedge

 

Time Stamps:

06:20 – Johnny’s investment updates

10:45 – How to become an accredited investor?

16:36 – Sam’s investment updates

19:49 – Taxes on unrealized gains

22:23 – Sam’s significant investments

29:11 – Downturn in various investment platforms

30:35 – Returns & Income

31:34 – Diversification of accounts and investments

33:15 – Taxes on income & investments

38:10 – Sam’s work updates

42:00 – Johnny’s work updates

45:27 – Johnny’s travels

48:25 – Sam’s travels

1:19:00 – Tips and advices in investing

 

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Copyright 2017. All rights reserved. Read our disclaimer here.

 

Transcript

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0:00.0

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.

0:08.8

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.

0:17.9

Hey guys, this is Johnny and welcome to episode 92 of the Invest Like a Boss podcast.

0:23.3

I am back in Kathmandu, Nepal, and Sam is almost settled into his new place in Tampa, Florida.

0:33.3

Welcome to the show, buddy.

0:33.9

Ooh, that sounds good, man.

0:36.3

That sounds real good.

0:37.8

A home settled and finally home.

0:40.5

I got a banana walnut bread candle here that smells like home.

0:46.7

I can't wait.

0:48.9

It feels like a hug, like a nice warm hug.

0:52.9

It's illuminating, and I love it. Good it good to see you man i like the new look

0:56.8

your the beard is beautiful it makes your face look very young and strong at the same time i appreciate

1:03.5

that so i've been traveling out of a very small backpack that weighs maybe 15 pounds for the last

1:10.3

month because i left my big suitcase here in

1:13.0

Kathmandu and when I was on the treks and I was in Pokra and most recently Chitwan the National

1:18.9

Park I don't want to carry too much stuff so I basically just had the bare minimum to go trekking

1:24.8

with and I've been like I've been homeless almost I had I had I

1:29.4

had as a toothbrush I had two shirts two pairs of pants two pairs of underwear and you know

1:35.1

like one pair of shoes and that was it and it felt like I was a hobo for the last month

1:40.8

homeless is a word that we pretty much use on every single episode.

1:45.8

I'm going to stop using it going forward because now we have a nice, comfy plush apartment

...

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