ILAB 76 – Marc Faber – Is 2018 Heading for Gloom, Boom, or Doom?

“Change is so huge in a brief period of time that nobody knows how the world will look like in 5, 10, or 20 years.”

Dr. Marc Faber

Dr. Marc Faber is a Swiss investor based in Thailand. He publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” which highlights investment opportunities. He is also a published author and a regular contributor to several leading financial publications around the world. When it comes to investing your hard-earned money, he is the perfect person to learn from.

This episode visualizes the possibilities of the future in terms of Economy and Investments. As an expert in the field, Dr. Faber explains how the world has changed rapidly and what could be expected in the coming years. He also offers great insights on what to consider when investing your money.

Listen to ILAB 76 on iTunes here or subscribe on your favorite podcast app.

ILAB 76 Show Notes


Links:

Gloomboomdoom.com

 

Where we are:

Johnny – Canary Islands

Sam – Southeast Asia

Marc – Southeast Asia

 

Discussed:

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)

RealtyShares – try it free

Wealthfront – get your first $15,000 managed free

 

Books:

Start Here – Recommended Reading

 

Time Stamps:

5:03 – Economic complexity over the years

10:41 – Dr. Faber’s background

12:58 – Innovations that excites him

17:25 – Bank reliability

22:42 – Industrial Revolution as seen in the future

27:55 – Concerns in investing

36:48 – Impact of Global Debt

42:50 – GDP and Standard of Life

47:21 – Concerns about the future generation

63:51 – Government Structure in the future

1:06:16 – Investment tips

 

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