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The Stacking Benjamins Show

Making Money While You Sleep (with Alan Corey), plus Crypto in Your 401k?

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 30 June 2021

⏱️ 70 minutes

🧾️ Download transcript

Summary

Alan Corey had a small goal: he just wanted to pay his internet bill automatically, and in the process stumbled upon a strategy that would lead him to wealth in real estate at an early age. Today he joins us to share his journey to financial independence, from moving to NYC and realizing he couldn't control his income in the corporate world, to purchasing real estate with a goal of purchasing one property a year for five years. Fast forward and he's now buying five properties in a month! His unique thought process of using rental income to offset fixed costs in his life helped propel his real estate success. You'll also never guess who he sold his first property to in NYC! For our headline, we'll look at a piece from Morningstar that talks about cryptocurrency in retirement plans. Would you want the option to invest in crypto in your 401k? We'll share the results of the survey and you might be surprised by the results. We'll also throw out the Haven Life line to Bill who has questions about rebalancing his portfolio. And of course we'll also throw in some of Doug's trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Oh hey everyone just a reminder to tell Joe's mom she looks like she lost weight because

0:08.3

I accidentally parked on the grass again Hey guys mics are hot quiet on the set live from

0:22.2

Joe's mom's basement it's a stacking Benjamin show I'm Joe's mom's neighbor Doug and if

0:38.5

you're looking to crush your 2021 financial goals real estate is a great way to do it

0:45.4

today's guest Alan Corey a millionaire by age 30 joins us to talk about lessons from

0:51.1

his new book house fire how to be a red hot real estate millionaire wait I'm not sure why are we

1:00.1

lighting things on fire is this some sort of homeowner insurance ploy oh I don't get it so I'm

1:07.2

excited to hear Joe unpack this one plus what would you like to see in your 401k plan maybe the

1:14.8

ability to buy crypto one company asked you what you want and you still might be surprised by

1:21.1

the results during our headline segment later we'll toss out the haven lifeline to Bill who's got

1:27.3

some questions about portfolio rebalancing and I'll stay on point with some real estate related

1:33.6

trivia and now two guys who might finally learn that investing in your basement real estate isn't

1:40.5

the end of the world it's Joe and oh it's the shag carpet that definitely made the difference

1:55.1

and the fact that this week well as of today I got the basement to myself here but he welcomed

2:00.7

to the stack you Benjamin show I'm Joe saw see high average show money on Twitter and

2:05.5

instead of being over at the card table I actually have scooted my chair over here to

2:11.1

dead shortwave radio where from an undisclosed location in we we talked about a Monday how he was

2:18.8

going on vacation and how was your trip around the United States Mr. OG so far super awesome thank

2:27.2

you for asking it's a lot different driving to Michigan than it is flying it takes a lot longer

2:33.6

you probably know that we were greeted with lots of surprises here we were greeted with the

2:38.0

surprise of the internet is a little different than what we expected we were told one thing we got

2:44.8

a different thing so sorry for the for the terrible audio but well there's something else going

...

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