“Always remember, you concentrate to grow wealth and you diversify to protect it.”
Sam & Johnny
Co-hosts Sam & Johnny are up for the first quarterly update of 2018 as investors, entrepreneurs, and travelers who share their own experiences. During the first 3 months of this year, they have interviewed several experts in the field of investing and have tried some investment platforms that they learned from the show.
On this episode, Sam & Johnny share their investment updates including the significant investments they ventured in and the downturns of some of their investments during the 1st quarter. They also share their work progress in the past 3 months and how their returns and income look like. They show us their trail during their travels and the countries that made the most impact on them. Listen to this episode to learn some tips and strategies for investing, building businesses, and traveling.
Listen to ILAB 92 on iTunes here or subscribe on your favorite podcast app.
ILAB 92 Show Notes
Where we are:
Sam – Tampa, Florida
Johnny – Kathmandu, Nepal
Sam – SE USA Road Trip >> Brazil > Denver > Tahoe > Napa > Tampa
Johnny – Chiang Mia >> Nepal
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
06:20 – Johnny’s investment updates
10:45 – How to become an accredited investor?
16:36 – Sam’s investment updates
19:49 – Taxes on unrealized gains
22:23 – Sam’s significant investments
29:11 – Downturn in various investment platforms
30:35 – Returns & Income
31:34 – Diversification of accounts and investments
33:15 – Taxes on income & investments
38:10 – Sam’s work updates
42:00 – Johnny’s work updates
45:27 – Johnny’s travels
48:25 – Sam’s travels
1:19:00 – Tips and advice on investing
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