94: Why We Invest, Financial Freedom, and Selecting Base Locations

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 29 May 2018

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Zach, Sam’s new road trip buddy, is a nomad who had a successful exit from his business and is now on the quest of finding the perfect lifestyle. He loves flying kites, wandering the ocean, and experiencing freedom. After the big exit, he went on the process of learning new skills which eventually led him to discover his real passion.

During the episode, Zach, Sam, and Johnny talk about investing not with money, but with time and knowledge. If we have achieved our financial goal, what then? They discuss what financial freedom really means and what the perfect lifestyle is for each one of them. For expats who love traveling, where in the world would they want to settle? The journey to finding the life you dream of takes times, money, and knowledge. Listen in and learn some tips on how to be financially free and become truly happy.

Where we are:

Zach - Columbia

Sam - Columbia

Johnny - Bulgaria

Discussed:

ILAB 23 – From $0 to Self Made, How to 300X Your Investment

Time Stamps:

06:30 – The Road Trip

10:50 – The process of choosing his lifestyle

15:05 – Chasing after the dream

19:34 – Setting up a place in the US

21:57 – The Ideal life set up

24:28 – His top 5 places to settle

46:36 – What does financial freedom mean?

49:26 – Goal to financial freedom

52:15 – Managing money and happiness

55:16 – When to stop worrying about money?

1:01:48 – Selecting two base locations in the world

1:06:42 – Financial Freedom: Then, Now, and in the Future

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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. Join us each week for exclusive interviews with our network of modern investors, business owners and multi-millionaires to discover new ways to invest our hard-earned cash.
0:18.5	Hey bosses, this is Johnny and welcome to episode 94 of the Invest Like a Boss podcast.
0:24.0	I am in Plove, Div, Bulgaria, and Sam is in a place just as weird.
0:29.9	Where are you, Sam?
0:30.9	I am saying hello from Santa Marto, Colombia.
0:35.4	Buenos Aires, Johnny.
0:36.6	Two places, I would almost guarantee none of you listeners have been to.
0:41.2	Yes, it's good to discover some new places even in, what, are we in second world or third
0:46.1	world countries right now?
0:47.2	This one is definitely a third world country.
0:50.2	I'm sure the Bulgarians, yeah, I'm sure the Bulgarians wouldn't want to admit to that.
0:53.8	But no, it's, it used to be part of the Eastern Bloc, you know, kind of old USSR times.
1:01.3	But it's actually pretty nice.
1:03.5	It's a nice country.
1:05.3	What about you?
1:06.1	Yeah, I mean, Columbia, you're here on this episode.
1:09.8	We went through some wild places. I mean, I know a lot hear on this episode, we went through some wild places.
1:12.5	I mean, I know a lot of the listeners are familiar with the big cities here.
1:16.3	Some of the places we went on this last journey were crazy.
1:21.1	We just got finished coming back.
1:23.5	Talking about that a little bit on the outro, but basically we hired a car and drove the entire North Coast looking for wind to go kite surfing.
1:32.3	And it's been an absolute adventure.
	...

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