122: Lifestyle Investing, Passive Income, and The Financial Dream

Sam Marks are Johnny FD have been transparently sharing their investment journey on this podcast for over three years. They have personally and professionally benefited from learning the tools and techniques that drive their successful investing lifestyle, passive income, and ultimately financial dream. During this episode, Sam and Johnny FD will share how their investments generate a passive income that affords them to live an adventurous lifestyle while growing assets. Listen as they dissect their vastly diverse asset allocation so that you can replicate a portfolio that fits your style of investing. You’ll also find out if you need to be accredited or non accredited to make the best possible investments for your future.   Links: Check out the new Invest Like a Boss Summit in Vegas!   Where we are: Sam Marks - Lithuania Johnny FD - Eastern Ukraine   Recommended: 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 PeerStreet – Get a 1% yield bump on your first loan Wealthfront – get your first $15,000 managed free   Discussed: ILAB 119 – Q1 2019 Review, Sam & Johnny’s New Investments, and Updates   Time Stamps: 01:19 - Traveling to Minsk, Estonia, and Eastern Europe 12:28 - Cost of living in the USA vs. Europe/Asia 22:12 - Affording the nomad lifestyle in a passive way 27:17 - “Being retired, financially free, financially independent: It’s not, never working again but it’s only doing things that you enjoy doing and that happens to pay you money, anyway.” - Johnny FD 34:38 - Analyzing the different FIRE tiers 37:41 - “If you’re just trying to figure it out quickly you can make a lot of mistakes and lose a lot of money.” - Sam Marks 38:43 - Asset allocation pie chart discussion 44:31 - Reinventing into your investments 54:27 - “If you’re bringing in and spending everything that comes in each month you’re paycheck to paycheck. That’s not cool. Growing your wealth is cool.” - Sam Marks 58:26 - Best investments for accredited and non-accredited investors 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 2019. All rights reserved. Read our disclaimer here.