Videos

287: Jared Dillian on How to Live a Stress-Free Financial Life

A bit of a format flip on this episode as Sam and Derek tag team an interview with Jared Dillian, author of the new book No Worries: How to Live a Stress-Free Financial Life. Jared has had quite an interesting background from working at Lehman Brothers during their 2008 collapse to building a successful financial newsletter and podcast. The first half of the episode digs into Jared's thought on the current state of the economny, the effect of an inverted yield curve and his thoughts on the FIRE movement. We then jump into the principles discussed in the book for the second half of the episode.

About Jared Dillian:

Jared Dillian is the editor of The Daily Dirtnap, a daily market newsletter for investment professionals, continuously published since 2008. He graduated from the United States Coast Guard Academy in 1996 with a B.S. in Mathematics and Computer Science, from the University of San Francisco in 2001 with a Masters in Business Administration, concentration in Finance, and from the Savannah College of Art and Design in 2023 with a Masters in Fine Arts in Writing. Jared worked for a small floor market maker on the Pacific Options Exchange from 1999-2000, and was a trader for Lehman Brothers from 2001 to 2008, specializing in index arbitrage and ETF trading. He is also the author of STREET FREAK: Money And Madness At Lehman Brothers, which was named Businessweek’s #1 general business book of 2011, and the novel ALL THE EVIL OF THIS WORLD, published in 2016, THOSE BASTARDS: 69 Essays on Life, Creativity, and Meaning, published in 2023, and NO WORRIES: How To Live a Stress Free Financial Life, to be published in 2024. Additionally, Jared is an adjunct professor in the business program at Coastal Carolina University. Jared is also an investment strategist at Mauldin Economics, and previously contributed to Bloomberg Opinion, Forbes and TheStreet.com. His media appearances include MSNBC, Fox Business, Bloomberg TV, BNN, The New York Times, LA Times, Business Insider, Marketwatch, Yahoo! Finance, and dozens of local and syndicated radio programs. He is also the host of The Jared Dillian Show, a nationally syndicated radio show on personal finance. In his spare time, Jared is a progressive house DJ and speaks frequently on mental health issues at financial institutions.

Time Stamp:
00:30 - Interview with Jared Dillian Begins
05:16 - What's An Inverted Yield Curve?
14:50 - Jared's Thoughts on the FIRE Movement
17:42 - Key Points of the Book
34:34 - Sam & Derek Wrap Up & Recap


289: What's Your Retirement Number? Plus, 4 Ways to Spend It Down

Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a ⁠Patreon HERE⁠ & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working.


Where we are:
Johnny FD – Jomtien, Thailand / IG ⁠@johnnyfdj⁠
Sam Marks - Bangkok, Thailand / IG ⁠@sammarks12⁠
Derek – Los Angeles, US / IG ⁠@DerekRadio⁠

Sponsor:
⁠ILAB Patreon⁠
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at ⁠Patreon.com/InvestLikeaBoss⁠

TIME STAMPS
00:20 - Sam/Johnny/Derek Intro
03:15 - Dave Ramsey 4% Rant12:41 - $500K-$20M Retirement Income Breakdowns
32:00 - Jared Dillian's Rant on Consumption Being Good
50:09 - Why Millions May Not Go As Far As You Think

If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.
Copyright 2024. All rights reserved.



293: Building a Dream Charity in Bali | Peduli Learning Center

Sam interviews Mazi Sadri & Dedy Tein, co-founders of the Peduli Learning Center in Bali, Indonesia. They discuss how they were able to secure land and build a supplemental school from the ground up at a surprisingly affordable cost. Mazi & Dedy break down costs to build, sustain and how they plan to expand into the future with this noble cause. Johnny joins Sam in the outro to discuss Peduli and other charitable efforts plus we draw winners for our March book giveaway!

About Mazi Sadri:
Spanning a career in Consumer & Enterprise Technology Product Management for 20+ years, Mazi has worked with many startups to large scale organizations leading product development, fundraising & startup architecture.

After seeing an opportunity in bringing the same skills in Education he partnered with Dedy to bring the vision of an educational program bringing similar opportunities to the community he now calls home.

About Dedy Tien:
Growing up in a remote area in Indonesia, unable to read or write, he was taught English by caring strangers. This skill opened up opportunities for him to live and work in Australia. Eventually, he wrote multiple books, started a real estate business, and dedicated his life to giving back through Peduli.




Discussed: 




• Peduli Learning Center Official Site (https://peduli.school/)


• Peduli Learning Center Official Instagram (https://www.instagram.com/peduli_learning_center/)


• Support Peduli Learning Center on Patreon (https://www.patreon.com/PeduliLearningCenter/posts)


• ILAB 149: Die with Zero with Bill Perkins (https://www.investlikeaboss.com/ilab-149-die-with-zero-bill-perkins/)




Where we are:




• Johnny FD – Bangkok, Thailand / IG @johnnyfdj (https://www.instagram.com/johnnyfdj)


• Sam Marks - Bangkok, Thailand / IG @sammarks12 (https://www.instagram.com/sammarks12/?hl=en)


• Derek – Los Angeles, US / IG @DerekRadio (https://instagram.com/derekradio)




Sponsor:




• ILAB Patreon (https://www.patreon.com/investlikeaboss)
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss (https://www.patreon.com/investlikeaboss)




Time Stamp:




• 00:20 - Sam/Johnny Intro


• 05:47 - Interview with Peduli Begins


• 14:47 - What Does the School Look Like?


• 20:03 - Cost Breakdown of Running the School


• 26:29 - Why Not Use All Volunteers?


• 48:29 - Sam/Johnny Recap & Book Drawing




If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.



Copyright 2024. All rights reserved. Read our disclaimer here. (http://investlikeaboss.com/disclaimer/)


294: Matthew 'Whiz' Buckley on Flying in Top Gun, Trading Options & Taking Psychedelics

Matthew 'Whiz' Buckley of Top Gun Options & No Fallen Heroes Foundation speaks with Sam about his many interesting lives! Buckley served in the U.S. Navy's elite "Top Gun" flight program (including on 9/11), then left the military to work in the financial markets. He really found his niche in options and made enough in the 2020 downturn to be independently wealthy. Around the same time as finding financial success, Matthew also discovered the healing power of psychedelics and their potential to help struggling first responders - this gave way to his No Fallen Heroes Foundation. Enjoy this interesting conversation on flying, drugs and trading options! Afterwards, Sam & Derek opine on why they haven't dug into options trading until just now thanks to a nudge from Buckley.

About Matthew 'Whiz' Buckley:
Decorated F/A-18 Hornet fighter pilot, TOPGUN Graduate, and Wall Street CEO. He’s taking his experience going supersonic and applying it to Options Trading.

Wall Street CEO
Served as the Managing Director of Strategy for a multi billion dollar volatility arbitrage firm and later became the CEO of a financial media company that rivaled CNBC

Decorated F/A-18 Hornet fighter pilot,
Graduate of the Navy Fighter Weapons School (TOPGUN).



Served during Operations Southern Watch, Noble Eagle, and Enduring Freedom, flying combat sorties over Iraq from USS Abraham Lincoln and USS Kitty Hawk.

Founder of the No Fallen Heroes Foundation
Whiz works with Veterans and First Responders to help them find healing with Psychedelic and entheogenic medicine.



Discussed: 




• Psychedelic Stocks mentioned: MindMed $MNMD, Cybin $CYBN, Atai Life Sciences $ATAI, Compass Pathways $CMPS, Advisorshares Pyschedelics ETF $PSIL


• Top Gun Options Starter Course (https://go.topgunoptions.com/diverse)


• No Fallen Heroes Foundation (https://nofallenheroesfoundation.org/)


• ILAB 64: Trading Options Full-Time with Kirk Du Plessis (https://www.investlikeaboss.com/ilab-64-trading-options-full-time-0-100k-annually-kirk-du-plessis/)




Where we are:




• Johnny FD – Bangkok, Thailand / IG @johnnyfdj (https://www.instagram.com/johnnyfdj)


• Sam Marks - Bangkok, Thailand / IG @sammarks12 (https://www.instagram.com/sammarks12/?hl=en)


• Derek – Los Angeles, US / IG @DerekRadio (https://instagram.com/derekradio)




Sponsor:




• ILAB Patreon (https://www.patreon.com/investlikeaboss)
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss (https://www.patreon.com/investlikeaboss)




Time Stamp:




• 00:20 - Sam/Derek Intro


• 04:47 - Interview with Buckley Begins


• 16:00 - Why Trade Options?


• 31:04 - The Impact of Psychedelics


• 52:00 - Companies to Trade in Psychedelics


• 58:25 - Sam/Derek Recap & Talk Getting into Options




If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.



Copyright 2024. All rights reserved. Read our disclaimer here. (http://investlikeaboss.com/disclaimer/)


295: Q1 2024 Quarterly Update

Quarterly Update time! Sam and Johnny sit down to talk about what they've been up to the last 3 months and what's the plan for the next 3. Johnny talks visiting family, being in the worst shape of his life while on the opposite end Sam discusses living essentially alone but in the best shape of his life. Afterwards, the guys go Patreon (https://www.patreon.com/investlikeaboss) only for financial updates, portfolio shares and Derek even gives life updates on his Patreon (https://www.patreon.com/investlikeaboss) exclusive as well. Sign up for ILAB Patreon (https://www.patreon.com/investlikeaboss) now for as low as $5/month to get full access to the entire queartely update and so much more!



Discussed: 




• Pokhara, Nepal (https://www.tripadvisor.com/Tourism-g293891-Pokhara_Gandaki_Zone_Western_Region-Vacations.html)


• Stem Cell Institute Panama (https://www.cellmedicine.com/)


• ILAB Patreon (https://www.patreon.com/investlikeaboss)




Where we are:




• Johnny FD – Athens, Greece / IG @johnnyfdj (https://www.instagram.com/johnnyfdj)


• Sam Marks - Bangkok, Thailand / IG @sammarks12 (https://www.instagram.com/sammarks12/?hl=en)


• Derek – Los Angeles, US / IG @DerekRadio (https://instagram.com/derekradio)




Sponsor:




• ILAB Patreon (https://www.patreon.com/investlikeaboss)
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss (https://www.patreon.com/investlikeaboss)




Time Stamp:




• 01:25 - Sam/Johnny Intro


• 08:32 - Johnny's Travel Plans


• 19:15 - Sam's Travel Plans


• 21:40 - Sam's Enlightenment


• 34:06 - Sneak Peek into Patreon Discussion









If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.



Copyright 2024. All rights reserved. Read our disclaimer here. (http://investlikeaboss.com/disclaimer/)


296: Side Hustles 101 - Mastering the Driver Apps

Derek and Johnny kick off the first in a series of side hustle episodes to help you earn quick cash to invest or just pay the bills! The guys start out with the easiest way to get started with a side hustle - the driver apps. Almost every country in the World has apps that let you drive people, food or other items and also have a low barrier to entry. Derek and Johnny go over the best tips to help you maximize earnings on these platforms and help you make some extra income fast!



Discussed: 




• Sign Up To Be An Instacart Shopper (https://shoppers.instacart.com/?referral=DSPARTZ461D3&utm_medium=copy&utm_source=instacart_referral&utm_campaign=supply_referral)


• Sign Up For Uber (https://referrals.uber.com/refer?id=71upz79q321c)


• Sign Up For Lyft (https://www.lyft.com/i/DEREK709352?utm_medium=p2pi_iacc)




Where we are:




• Johnny FD – Athens, Greece / IG @johnnyfdj (https://www.instagram.com/johnnyfdj)


• Sam Marks - Bangkok, Thailand / IG @sammarks12 (https://www.instagram.com/sammarks12/?hl=en)


• Derek – Los Angeles, US / IG @DerekRadio (https://instagram.com/derekradio)




Sponsor:




• ILAB Patreon (https://www.patreon.com/investlikeaboss)
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss (https://www.patreon.com/investlikeaboss)




Time Stamp:




• 01:50 - Derek/Johnny Intro


• 05:52 - Derek's Experience Using Apps


• 14:24 - What You Need to Start


• 25:14 - Who Tips Best?


• 39:20 - Future Side Hustle Topics









If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.



Copyright 2024. All rights reserved. Read our disclaimer here. (http://investlikeaboss.com/disclaimer/)


301: From Bald and Bankrupt to Bald and Banked Up

Our guest this episode is the notorious Mr. Bald from Bald and Bankrupt on YouTube! He's amassed over 4 million subscribers and embarked on many dangerous journies and documented travels to places few have gone to visit. These risks have paid off as Bald actually filed for bankruptcy in the UK before he began filming but is now a certified millionaire thanks to his YouTube channel. Find out how he finally put these funds to use after having them just sit in a zero interest bank account for years.



Discussed: 


• Bald and Bankrupt YouTube Channel (https://www.youtube.com/c/baldandbankrupt)


• U.K Guide to Bankruptcy (https://www.gov.uk/government/publications/guide-to-bankruptcy/guide-to-bankruptcy)


• Bald's Video to Visit Abandoned Russian Spaceship (https://youtu.be/0fZ-r5Qe3tM?si=ykiqd9W5rntZgGV7)


• Johnny FD YouTube Channel (https://www.youtube.com/@JohnnyFD)


• Petrolectric YouTube Channel (https://www.youtube.com/@petrolectric)




Where we are:


• Johnny FD – Kyiv, Ukraine / IG @johnnyfdj (https://www.instagram.com/johnnyfdj)


• Sam Marks - Bangkok, Thailand / IG @sammarks12 (https://www.instagram.com/sammarks12/?hl=en)


• Derek – Los Angeles, USA / IG @DerekRadio (https://instagram.com/derekradio)




Sponsor:



• ILAB Patreon (https://www.patreon.com/investlikeaboss)
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss (https://www.patreon.com/investlikeaboss)




Time Stamps:
00:33 - Johnny & Derek Intro
05:57 - Interview with Bald Begins
17:40 - Bald's YouTube Strategy
23:30 - When Bald Found Out He's A Millionaire
32:35 - Where Bald Invests His Money
52:12 - Johnny & Derek Outro




If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify.


Copyright 2024. All rights reserved. Read our disclaimer here. (http://investlikeaboss.com/disclaimer/)



Clacton: Holidaying In England's Most Deprived Town 🏴󠁧󠁢󠁥󠁮󠁧󠁿

🏴󠁧󠁢󠁥󠁮󠁧󠁿 England, one of the world's richest nations. But not everyone gets to enjoy the benefits of being born here. Just 60 miles from the bright lights of London is Jaywick which is statistically the most deprived town in the nation. I visited with my friends @BackpackerBen and @TimmyKarter for a weekend by the beach. Join us!

Thanks to the staff at the Black Rock restaurant in Clacton who looked after us and the great people of Clacton and Jaywick.