Ep 122 - Investing Like a Boss with Sam Marks

In this episode we give an overview of the newly launched podcast Invest Like a Boss with co host Sam Marks and how it may benefit all walks of life. Advice we wish we'd have when we were young including leveraging debt and how to use credit, owning stock, real estate, the purpose of college, the benefit of traveling and most importantly why you should start your very own business. We also discuss the importance of experience and how using an internship and mentor can allow you to learn and network properly to more effectively invest and launch a successful business for yourself today. Relevant links for guest:  Nomad Summit ​Invest Like a Boss Boss Lounge Contact Us Where are we: Johnny FD – Berlin Germany  Sam – Sinapore   Recommended (books, subscriptions): Brian Jimmerman For Ex Trading – ILAB 03 Kevin shee REITS  – ILAB 07 Robert Kiyosaki – Rich Dad Poor Dad & Cashflow Quadrant  MJ DeMarco – Millionaire Fast Lane George S. Clason – Richest Man in Babylon Tony Robbins – Master Money the Game Discussed (relevant links): ​TLAB Episode 105 $25 Amazon Gift Card Contest Time Stamp - Topic: 02:00 - What is Invest Like a Boss? 04:55 - Learning from CEO’s and multi-millionaires 08:50 - Where Sam invest his personal millions 09:50 - What Johnny did with his $60k payout 10:30 - Drinking whiskey and For Ex Trading 11:40 - Guaranteed safest 2%-3% returns with Annuities 12:50 - Investing in retirement funds 13:10 - Investing in yourself by opening a Brewery 13:45 - The biggest self storage in Hong Kong 14:35 - All investment possibilities with Peerstreet 15:40 - Sam and Johnny’s 2016 portfolio update 17:00 - Thousands of profitable cashflow websites 21:00 - Learning financial mistakes from our parents 25:55 - Opening a bank secure credit card at 17 30:30 - Leveraging debt and credit usage 35:18 - Introduction to money and income 37:45 - Tips on investing in real estate 41:50 - Learning expense reports and P&L management 46:00 - Tony Robbins Master the Game review 49:10 - Biggest first investment mistakes 51:50 - Owning Disney stock 56:00 - How we would invest $10k at 17 years old 58:00 - Investing in yourself is the greatest investment 1:03:00 - The value of college internships & mentors 1:03:00 - Getting arrested 4 times in college 1:07:50 - Why should you start your business today 1:23:00 - Traveling the world with a purpose 1:26:00 - Earn an income while living your passion ​Enjoy this episode? Share it with friends!