180: Teenage Investing with 18-Year-Old Jack Rosenthal

Jack Rosenthal is an 18 year old entrepreneur and investor. He's the author of "Teen Investing" which has become the #2 best selling book on teenage investing. He's also the founder of the Young Investors Club, LLC the largest teen investing club in the country with $120,000 in assets. Lastly, he maintains his own investment portfolio.    Listen to ILAB 180 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio   Sponsor: IndeedReceive a free $75 sponsored job credit to boost your job post at Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Discussed: Teen Investing: The Ultimate Guide to Teenage Investing Jack's Instagram @starsocial.pro Young Investors Club Flame Thrower   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: 09:50 – What age did you start investing and what inspired you to get involved? 10:47 – What kinda stocks did you get started in? 13:00 – Do you have advice for how families can get their children involved in stocks? 13:39 – How do you determine how much you are willing to invest? 15:15 – What drove you to share your story and encourage other teenagers to get involved? 16:48 – How to start investing with your club? 18:16 – Where are your members based? 18:30 – How are the decisions made on what to invest in? 19:05 – How are the assets held and how do distributions work? 20:49 – What have been the biggest wins and losses for the club? 21:55 – What would be the first thing to do as a teenager to get into investing?  23:39 – What kind of assets will you suggest to be involved in? 25:16 – What do you recommend on breakdown when allocating your investment portfolio? 26:29 – What are good summer/part time jobs which can help you get start up income? 28:40  – Did they teach you about finances in school? 31:18  – Tell us more about your book? 33:32  – Did you spend money on something crazy with your return? 35:13  – Johnny and Derek review 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 2021. All rights reserved. Read our disclaimer here.