ILAB 35 – Inflation, Wealth Management, and Scotch

ILAB 35 Show Notes

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)

Wealthfront – get your first $15,000 managed free

Betterment – get up to 1 year managed free

RealtyShares – try it free with ILAB link

05:00 – Dave’s background
06:30 – Learn your customer’s blueprint
09:15 – Maintain your income
12:40 – Scotch
14:05 – Inflation for individuals & government
16:13 – Stocks
18:49 – Bonds
19:22 – Real estate
21:30 – Driving down Palm Beach
23:30 – Charity walk across Ireland
24:30 – Offset the tax burden
25:15 – REIT pros and cons
28:48 – Precious metals
29:50 – Cash and emergency funds
34:00 – Distribution problem
36:00 – How advisors get paid
38:50 – Inflation protection securities
41:20 – Peer to peer loans
42:30 – Annuities and life insurance
50:00 – Brewery success
55:30 – Weight loss
57:15 – Cryptocurrency
59:00 – Sam’s fitness tips
1:00:20 – Rare art, cars, and domain names
1:01:50 – Life insurance
1:11:00 – Johnny’s plan for inflation
1:12:50 – Internet bank
1:14:45 – Christmas in Cuba with no money
1:22:30 – Sam’s Inflation concerns
1:24:35 – Fundrise fixed variables
1:26:40 – Inflation protection options
1:27:50 – Vanguard bond funds
1:29:00 – iTunes shout outs!