Videos

275: How to Maximize Your Savings Rate

U.S. savings account interest rates are at decades long highs, so Sam and Johnny hop in on this 101 episode to help you find ways to maximize your savings rate of return. The guys go over High Yield Savings Accounts (HYSAs), treasury bonds, annuities, money market accounts & more creative ways to get those extra percentage points. They'll also discuss how much savings you should be holding in case of emergencies. They'll also go beyond the United States to help out with some options for our overseas listeners as well. Share this episode with your friends, you'd be surprised how many people do not having any or very little savings!



Discussed:

U.S. Treasury Bonds ILAB Episode 004: Stan the Annuity Man ILAB 182: If I Have $X Saved, Where Do I Invest It?

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / IG @DerekRadio Sponsor:

Nom Nom At Nom Nom, we make food that looks like food. Tailored to your pet’s exact needs and backed by years of scientific research. Get 50% off your first 2 week trial when you visit trynom.com/ilab Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Time Stamp:

10:22 - Savings Best Practices 18:54 - Where to Put Your Savings 27:46 - US Treasury Bonds 32:45 - HYSA vs. Bonds 38:07 - Annuities : 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.

276: Timeshares 101 - How to Exit This Bad Travel Investment

Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck.

Discussed:

VIDEO: Inside Timeshare Sales Staff Meeting VIDEO: The Queen of Versailles Trailer

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks – South Carolina/ IG @imsammarks Derek – Los Angeles / 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 Like these investments? Try them with these special ILAB links:

Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)*Johnny and Sam use all of the above services personally. Invest Like a Boss Patreon Help support the continuation of Invest Like a Boss by becoming a Patreon! Plans start as low as $5/month and give you instant access to years of exclusive content, including portfolio access, trade alerts, bonus episodes & more. Join now at Patreon.com/InvestLikeaBoss.

Time Stamp:

05:59 - How Johnny Sold Timeshares 12:40 - Different Types of Timeshares 24:52 - Johnny's Family Member Bought a Timeshare 38:24 - How to Exit Your Timeshare 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.

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

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