Today we’re talking about our simple strategy for owning and managing rental properties. We have a course called Rental Properties for Passive Investors and we got some feedback that we think it’s important to address. Show Notes Investable Rental Properties For Passive Investors Course Start Investing with Roofstock Learn more about your ad choices. Visit megaphone.fm/adchoices
Today we have a guest on the show - the Co-Founder and first CEO of Netflix. Marc Randolph to talk about his new book That Will Never work. The real-life, totally improbable story of Netflix’s early days, told in Marc Randolph’s unconventional, engaging, inspiring style. A vivid primer on the realities of startup ventures, and a seriously entertaining read. Now a National Bestseller. Show Notes https://www.marcrandolph.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Is there’s an index fund bubble? Today we’re talking about how index funds are taking over and how the state of index funds should affect how you invest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today we’re taking a look at how the Golden Butterfly has performed in the recent market correction compared to other investment strategies. We will be looking at The Golden Butterfly, The All Weather Portfolio; and Vanguard’s Total Stock Index and we’re going to compare each portfolio by pretending you had $100,000 perfectly allocated in each strategy as of October 2, 2019 (before COVID-19) and compare it to the portfolio’s value as of April 1, 2020 (6 months later). Show Notes Rental Propertie...
Today is 5 questions episode and we will be talking about foreclosures as a real estate investment, coding bootcamps, timing the market, Fundrise IPO and managing financial goals in your relationship. Learn more about your ad choices. Visit megaphone.fm/adchoices
It is no secret that Andrew and I each own multiple online businesses that earn us passive income. Before we started we had no idea what we were doing. It’s not easy to start a website from scratch and if you’re not already building an online business you might not even know what a great idea looks like. Today we’re talking about how you can buy an existing online business. We have a special guest on the show today, Blake Hutchinson, the CEO of Flippa.com. We’ll get into the details of buying on...
Today we are talking about payday loans or what some new fin-tech companies are now calling “early wage access”. These companies seem to be disguising predatory lending with shiny new apps geared towards millennials making it even easier to get a payday loan. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today is 5 questions episode and we will be talking about dividend stocks, The Fisher Effect, employees stock options. non-taxable accounts and what to do if history repeats itself. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today is we are talking about the Rule of 55. We’ve gotten quite a few listeners who have asked us to cover this so today we wanted to explain exactly what it is and how it works. The Rule of 55 isn’t the only way to access your 401k early so, were also talking about other ways to tap into your 401k and what would be the right reasons to take advantage of these early distributions Learn more about your ad choices. Visit megaphone.fm/adchoices
Today we are answering a question from a listener, Andres about buying into a franchise and how they look as business opportunity. We get into actual franchise profitability, compare two popular franchises and explain how one franchisee makes over $2 billion a year. Show Notes Franchise Index Learn more about your ad choices. Visit megaphone.fm/adchoices
Outdated gender roles persist both at home and in the office, here’s how one woman makes it work. Our guest today the Director of Global Partnerships and founder of Breadwinning Women at Google, and the host of her own podcast Working Wife, Happy Life. Bethanie Baynes. She talk about her experience being a bread winning woman. Bethanies Website Learn more about your ad choices. Visit megaphone.fm/adchoices
Today is 5 questions episode and we will be talking about REIT investing, inverse ETF’s, Gold, saving for a house and IRA’s. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ray Dalio recently published an essay called “The World Has Gone Mad and the System is Broken”. When looking at the current state of the global economy he said: “This set of circumstances is unsustainable and certainly can no longer be pushed as it has been pushed since 2008. That is why I believe the world is approaching a big paradigm shift.” Besides being a huge fan of Ray’s, we think his essay does a great job of explaining the major forces at play in the global economy and we found it fasci...
Accordingly to the Fidelity Millionaire Outlook Survey, 86% of millionaires are self-made. Even more remarkable, 78% of them started out as middle class or poor. Only 22% grew up in the upper class. That means that the vast majority of millionaires built their wealth the old fashioned way: hard work, consistent saving and investing in the long-term. We’ll explain why rich people are cheap and how you can adopt their simple habits to become a millionaire yourself. Show Notes Warren Buffett Docume...
We’re often asked where we are putting our money and, that question has never been more important to us personally. Especially considering the direction the winds are blowing and our feelings with what is happening in the world. We'll be talking about how we're investing our money this year and what is coloring our decisions. Show Notes The Golden Butterfly Investing Strategy Fundrise Real Estate Investing Our Investing Blueprint Learn more about your ad choices. Visit megaphone.fm/adchoices
Mr Money Mustache didn't retire because he was making so much money from his blog. He had actually been retired for six years before he started writing. The blog was born when he looked around at his friends who had good jobs but were still living paycheck to paycheck. They bought into what has long been sold as the American Dream; go to college, get a job, buy a house, fill that house with as much stuff as it can hold (and when it can't hold anymore, rent a storage unit), have some kids, and ge...
The biggest expenses in life are taxes and interest. If we can minimize those two things, we will put much more money in our own pockets and add many more years to our retirements. Our guest, the Mad Fientist delves deep into advanced IRA strategies. Find out why you should have one and which one will best fit your needs. Original Broadcast July 22, 2014 Full Article Here Show Notes The Mad Fientist: Brandon's website and podcast. Betterment: Our favorite investing tool. Use this link and get si...
Laurel Staples joins us to teach us how to forget the American dream and talk about her journey becoming an entrepreneur. Start living our own dreams on our own terms. In 2007 Laurel quit her job as a mechanical engineer to launch her popular blog, Go Fire Yourself. In January she will publish her book about how to quit your day job and run your own business. Original Broadcast Date August 18, 2014 Full Article Here Show Notes Smuttynose Bouncy House IPA: an all-occasion American ale. Martini: m...
What a weird concept. Loving your kids too much. But it can be true. By giving them too much, by coddling them from every possible disappointment, we turn them into ineffectual adults. From ensuring that everyone gets a trophy to always giving them money when they ask, kids today can't handle normal disappointment and have never had to work or struggle for anything. Mom and Dad are always waiting, poised to smooth whatever path their children are on. But in the name of loving them, we're taking ...
It’s almost Halloween and nothing is more frightening than money horror stories. Close the blinds, turn off the lights, light a candle and prepare to be scared. Matt and Andrew haven’t always been smart with money, well Andrew mostly has. But even they have finance horror stories and will share them with us. This episode was first published on October 31 2014 Show Notes Hopfish IPA: An English style IPA. The Bowery Boys Haunted Brooklyn: Here’s a special Halloween treat. One of my favorite podca...
We tend to talk about stocks much more often than bonds. Why? Because since LMM began, our audience has skewed young, most of our listeners are in their twenties and thirties. But the show has been around for seven years now. Those who have been with us from the beginning are seven years older. We want to serve our audience, so we need to focus a little more on bonds. Most of you know the basics, and we've covered bond investing in the past. Today we have returning guest J. David Stein to go a l...
We get dozens of emails from listeners each week asking really thoughtful financial questions. When a question needs a detailed answer or might be helpful to others, we turn it into part of a 5 questions episode. Today we have 5 questions about buying a timeshare, the Lending Club strategy, f**k you money, buying a rental property, and what to do with a million-dollar inheritance. Full Article Here Show Notes Cape May City To Shore: A Double IPA Thick Blueberry Goo: A smoothy style Berliner Weis...
There are a lot of bad things happening around us: climate change, weekly mass shootings, rampant opioid addiction, income inequality. Rather than feeling helpless and frustrated, let’s take matters into our own hands. That’s where socially responsible investing comes in. You can invest in the world you want to live in. Full Article Here Show Notes HopHands: An American Pale Ale Wisp: A Belgian style whip Learn more about your ad choices. Visit megaphone.fm/adchoices
Agriculture is the one industry that touches every person on the planet. Agriculture produces the food we eat, the liquids we drink, the clothes we wear, and the furniture we sit on. There are nearly 7.5 billion people on earth, all of whom consume what agriculture produces. Which makes investing in agriculture seem like a no brainer. Full Article Here Show Notes Fat Orange Cat: A white stout brewed with coffee and chocolate Melcher Street: A double dry-hopped IPA Dallas Blonde: An American blon...
The FIRE movement has carved out a big niche in the personal finance space. FIRE stands for Financial Independence, Retire Early but if you quit traditional work in your 30s or 40s, what will the rest of your life look like? Three or more decades is a lot of time to fill and sitting on the porch in a rocking chair or playing golf aren't going to be enough to fill it. The 30s to 60s can be the prime of life. We're still filled with energy, ideas, and ambitions. Full Article Here Show Notes Aprico...
We get dozens of emails from listeners each week asking really thoughtful financial questions. When a question needs a detailed answer or is of interest to a lot of people, we turn it into part of a 5 questions episode. Today we have 5 questions about debt consolidation, saving money on a move, combining finances, living paycheck to paycheck, and capital gains. Full Article Here Show Notes Lightful: A German-style wheat beer from Tired Hands Brewery. Yule Smith: A double hopped IPA. Learn more a...
We talk a lot about making sure your portfolio is diverse enough to insulate your investments from risk. But if you want to ramp up returns, consider diversifying your retirement with alternative assets. How can you do that? A Self Directed IRA is one of the most powerful tools in your retirement arsenal. Alternative investments can improve your chances of retiring with enough money. Full Article Here Show Notes Apricot Compote Sour: A refreshing summer beer from Evil Twin. Alto: The Alto platfo...
The United States Department of Agriculture (USDA) estimates that it costs nearly a quarter of a million dollars to raise a child from birth to age 18. That tally does not include the cost of a college education. The largest piece of that pie lies in housing and transportation at a whopping $107,000. Next, you’ll factor in childcare and education at $44,000. (See? I told you this shit is expensive). Following that is clothing/miscellaneous and healthcare at $33,000 and $20,000 respectively. Let’...
Knowing your personal net worth is one of the most important aspects of personal finance. It's one of the best indicators we have to know if we are on target to meet our goals. Whether you want to be debt-free, buy a home, pay for college for your children, or to retire you need to be on target. Your net worth is a way to see what is holding us back. It's a very strong indicator of your overall financial health. Figuring out your net worth is easy. Add up the total value of all of your assets. A...
In its ongoing quest for world domination, Facebook is set to launch a cryptocurrency called Libra. And a digital wallet to store those Libra called Calibra. Given the company's somewhat shady privacy practices, would you trust Facebook with your money? Full Article Here Show Notes Passion Pool from Mikkeller and Friends: A gose. Craft Lager from Upslope Brewing Company: An American style lager. Learn more about your ad choices. Visit megaphone.fm/adchoices
