149: Die With Zero - Bill Perkins

An episode of the Invest Like a Boss podcast, hosted by Sam Marks Johnny FD Derek Spartz, titled "149: Die With Zero - Bill Perkins" was published on August 11, 2020 and runs 81 minutes.

August 11, 2020 ·81m · Invest Like a Boss

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Summary

Bill Perkins is the CEO of BrisaMax Holdings, a consulting services firm based in the US Virgin Islands. Called “The Last Cowboy” in a recent Wall Street Journal profile, after studying electrical engineering at the University of Iowa and training on Wall Street, Perkins moved to Houston to make a fortune as an energy trader. In this episode, Bill will share the plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.” Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Colorado / IG @imsammarks Bill Perkins - Capri, Italy / IG @billperkins Sponsor: Support the Show: Join our Patreon Discussed: "Die With Zero" Official Site: Diewithzerobook.com Buy "Die With Zero on Amazon: Amazon.com/Die-Zero-Getting-Your-Money Facebook: Facebook.com/Die-With-Zero Twitter: Twitter.com/bp22 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) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 01:24 - Sam & Johnny FD’s episode introduction 08:08 - How to get 50% OFF your travel expenses 18:26 - “It’s about maximizing your life, fulfillment, memories that you’re going to create for yourself and retire on” - Bill Perkins 19:01 - Should you pass down massive cash to your kids? 30:07 - Ways to balance your lifestyle with the money in and out 32:58 - Switch to a more spending and abundance mindset 33:28 - “Shift the fear of running out of money to not living life” - Bill Perkins 34:48 - Does the 4% rule still work? 40:11 - Sailing the world with Dan Bilzerian 48:41 - Investing based rapid-fire questions 58:00 - Sam & Johnny FD’s episode wrap up and key takeaways 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 2020. All rights reserved. Read our disclaimer here.

Episode Description

In this episode, Bill will share the plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.”

Where we are:

Johnny FD – Sri Lanka / IG @johnnyfdk
Sam Marks – Colorado / IG @imsammarks
Bill Perkins - Capri, Italy / IG @billperkins

Sponsor:

Support the Show: Join our Patreon

Discussed:

"Die With Zero" Official Site: Diewithzerobook.com
Buy "Die With Zero on Amazon: Amazon.com/Die-Zero-Getting-Your-Money
Facebook: Facebook.com/Die-With-Zero
Twitter: Twitter.com/bp22

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)
Betterment – Get up to 1 year managed free
Wealthfront – Get your first $15,000 managed free
PeerStreet – Get a 1% yield bump on your first loan

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

Time Stamps:

01:24 - Sam & Johnny FD’s episode introduction
08:08 - How to get 50% OFF your travel expenses
18:26 - “It’s about maximizing your life, fulfillment, memories that you’re going to create for yourself and retire on” - Bill Perkins
19:01 - Should you pass down massive cash to your kids?
30:07 - Ways to balance your lifestyle with the money in and out
32:58 - Switch to a more spending and abundance mindset
33:28 - “Shift the fear of running out of money to not living life” - Bill Perkins
34:48 - Does the 4% rule still work?
40:11 - Sailing the world with Dan Bilzerian
48:41 - Investing based rapid-fire questions
58:00 - Sam & Johnny FD’s episode wrap up and key takeaways

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!