280: Assets vs. Liabilities

After seeing a video online featuring rapper The Game, Johnny and Derek discuss what many assume to be assets, actually turn into liabilities. They talk real estate, cars, clothing, jewelry collectibles and more.... you might be surprised at what items are actually liabilities! Discussed: Bust Down Rolex DJ Skee's Shoe Collection The Game's Shoe Collection Bearbrick Dolls Where we are: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – Bangkok / IG @sammarks12 Derek – Los Angeles / IG @DerekRadio Sponsor: ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 02:51 - The Game Clip on His Net Worth 09:15 - Is Your Home an Asset? 17:40 - What's a Bust Down Rolex? 24:23 - Is Your Car an Asset? If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2023. All rights reserved. Read our disclaimer here.