“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:
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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