Millennial Investing - The Investor’s Podcast NetworkInvesting

Millennial Investing - The Investor’s Podcast Network


Millennial Investing - The Investor’s Podcast Network

MI Rewind: Take Control of Your Financial Future w/ Brennan Schlagbaum

Fri, 01 Mar 2024
On today’s Millennial Investing Rewind Episode, Robert Leonards chats with Brennan Schlagbaum to talk about the state of financial education and how to take control of your financial future. Brennan is a Certified Public Accountant, Investment Coach, and Author of Investing 101: Everything the Investor Needs to Know.

IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
05:41 - The strategy of paying down debt as fast as you can.
10:39 - How to manage the dynamic of living for now while striving towards financial goals.
12:18 - How should listeners approach paying off their students debts right now?
18:05 - Why you need to actually invest the cash in your investment accounts.
22:05 - What is currently wrong with our financial education system?
22:05 - How low-cost resources going to change the future of financial education.
37:09 - Why a budget doesn’t have to be restrictive.
44:57 - Common mistakes that new investors make.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended Book: Broke Millennial Talks Money by Erin Lowry.

Recommended Book: The Power of Passive Investing by Rick Ferri.

Check out the books mentioned in the podcast here.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

Fundrise

Linkedin Marketing Solutions

TurboTax

HelloFresh

NetSuite

NerdWallet


Learn more about your ad choices. Visit megaphone.fm/adchoices

MI331: The Keys to Real Estate Investing and FI w/ Scott Trench

Tue, 27 Feb 2024
In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with Scott Trench, CEO of BiggerPockets, to talk about how Scott pursued financial independence and shared his strategies in his book, Set for Life. You’ll learn about how Scott got turned onto FI, the bet he placed on himself by leaving his W-2 and joining Bigger Pockets, what his views of the real estate market is in 2024, what his own buy box looks like, and where else he invests outside of real estate and index funds.
Scott is the CEO and President of BiggerPockets and has dedicated his career to helping ordinary Americans build wealth in part through real estate investing. Since joining BP in 2014, Scott has authored the bestselling wealth-building book Set for Life and joined Mindy Jensen as co-host of the BiggerPockets Money Podcast.
He is an active real estate investor in the Denver market, and currently manages a private portfolio of about $1.5M and holds his real estate license as a Colorado broker.
Scott stays active in the BiggerPockets Forums and has contributed hundreds of articles, market analyses, and files to BiggerPockets.
He hopes this will provide other investors the tools they need to repeat his results in just 3-5 years, giving them the option to go anywhere they want in the world, work any job, start any business, or finish out the journey to financial independence and retire young.

IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro.
02:45 - How Scott first got turned onto financial independence.
05:20 - How he made his way from cubicle jockey to CEO of BiggerPockets.
07:37 - Why he is a big fan of house hacking.
09:02 - Who some of his early FI influences were.
12:51 - What the middle class wealth trap is.
16:18 - What his view of the 2024 real estate market is and where he sees opportunities.
18:50 - Why real estate is a bet on the long-term growth of the U.S. economy.
23:06 - When he thinks the right time to invest in real estate is.
32:43 - What asset class he thinks will get hurt the most in 2024.
33:14 - What Scott’s buy box looks like.
35:50 - What Scott’s portfolio look like.
43:25 - What Scott would have done differently looking back on his journey.
48:36 - Where else he invests outside of real estate and index funds.
51:29 - What it is like running BiggerPockets and how he structures his day.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended book: Set for Life by Scott Trench.

Recommended book: The Everything Guide to House Hacking by Robert Leonard.

Recommended book: Early Retirement Extreme by Jacob Lund Fisker.

Recommended book: Your Money or Your Life by Vicki Robin.

Recommended book: Rich Dad Poor Dad by Robert Kiyosaki.

Recommended book: The Millionaire Next Door by Thomas Stanley.

Recommended book: The Bitcoin Standard by Saifedean Ammous.

Check out the books mentioned in the podcast here.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

Fundrise

Linkedin Marketing Solutions

TurboTax

HelloFresh

NetSuite

NerdWallet


 Connect with Patrick: Twitter
Connect with Scott: Website
Learn more about your ad choices. Visit megaphone.fm/adchoices

MI330: The Real Estate Private Equity Playbook w/ The Real Estate God

Mon, 26 Feb 2024
In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with The Real Estate God, a famous anonymous Twitter account with over 100,000 followers, to talk about his unique views on life, real estate, and business. You’ll learn why he thinks investing in a 401k is a bet against yourself, how he got started in real estate private equity, what moves you need to make to leave your W-2 wisely, macro trends he thinks will affect us in the coming years, why he focuses on tertiary markets, the origin story of The Real Estate God account, and much, much more!

The Real Estate God worked in real estate private equity at the institutional level before founding his own REPE firm. Outside of his own deals, he now runs an Acquisitions Bootcamp where he accelerates the learning an investor needs to know before buying their first profitable deal. 

IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro.
02:37 - Who The Real Estate God’s heroes have been.
05:03 - Why he considers investing in a 401k as a bet against yourself.
08:12 - How his first investment lost a $30,000 nest egg and what he learned from it.
10:53 - Why you need to be investing in yourself or in a business when you are starting out.
14:47 - What moves you need to make to leave your W-2 wisely.
24:22 - How he initially got into real estate private equity.
31:30 - What macro trends he thinks will affect us in the coming years.
34:05 - What are the two ways to make money in real estate going forward.
36:23 - Why he focuses on tertiary markets.
40:35 - What his exit strategy is for his real estate investments.
46:22 - How he developed his sales skills.
52:17 - How to create your own yacht and add value to anyone.
57:31 - What you learn in the Acquisitions Bootcamp.
65:19 - What career he would consider if he wasn’t involved in real estate and more.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Check out: MI324: Mastering Money, Words and Wellness w/ Dickie Bush | YouTube video.


Recommended book: Die with Zero by Bill Perkins.

Check out: Efficiency by the Wall Street Playboys


Check out: MI322: Enduring Ventures w/ Sieva Kozinsky | YouTube video.


Check out the books mentioned in the podcast here.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

Fundrise

Linkedin Marketing Solutions

TurboTax

HelloFresh

NetSuite

NerdWallet


 Connect with Patrick: Twitter
Connect with Real Estate God: Website | Twitter
Learn more about your ad choices. Visit megaphone.fm/adchoices

MI Rewind: Cash Uncomplicated: Wealth Building Mindset w/ Aaron Nannini

Fri, 23 Feb 2024
On today’s rewind episode, Robert Leonards chats with Aaron Nannini about ways to wisely manage your money and the importance of having a proper mindset for wealth-building. After struggling with money in his twenties and being sick of living paycheck-to-paycheck, Aaron started educating himself on personal finance.
Aaron is now the founder of CashUncomplicated.com, a personal finance website that teaches people how to achieve financial success through implementing basic and uncomplicated principles such as life goals, daily habits, intentional money decisions, and a value-based spending mindset.

IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
03:06 - Why behavior and mindset are so important when it comes to money.
04:42 - What value-based spending is and how it can help with balancing the YOLO and future-thinking mindsets.  
06:07 - What “keeping up with the Joneses” means and why you shouldn’t do it.
10:57 - How to fight back against lifestyle creep.
12:53 - How to avoid or get out of the paycheck-to-paycheck cycle.
18:16 - What the difference is between bad debt and good debt.
18:16 - How to get out of bad debt and leverage good debt.
22:37 - If one should use or avoid credit cards and how to appropriately use them.
34:08 - What silent killers are in terms of money.
40:54 - What the shocking cost of cars is and the myths of car loans.
48:25 - How to successfully manage money with one’s partner and avoid divorce. 
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended Book: Cash Uncomplicated by Aaron Nannini.

Recommended Book: The Millionaire Next Door by Thomas Stanley and William Danko.

Recommended Book: I Will Teach You To Be Rich by Ramit Sethi.

Recommended Book: Broke Millennial by Erin Lowry.

Recommended Book: The Richest Man in Babylon by George Clason.

Check out the books mentioned in the podcast here.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

Fundrise

Linkedin Marketing Solutions

TurboTax

HelloFresh

NetSuite

NerdWallet


Learn more about your ad choices. Visit megaphone.fm/adchoices

MI329: Wealth Simplified w/ JL Collins

Tue, 20 Feb 2024
Kyle Grieve chats with JL Collins about the adaptability of the term financial independence, how to reframe saving to make it more attractive, why simple is better for the investing process, why it’s so important to minimize fees, why you should stay away from overly complicated financial products, why he doesn’t like real estate as an investment, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
02:56 - How he got Hasan Minhaj to write the forward for his book.
09:12 - Why financial independence means something different to each individual.
12:03 - How to reframe the saving process to remove the “deprivation” component of saving.
17:29 - Why JL is such a big fan of Jack Bogle.
17:29 - Why timing the market is so both pointless and irrelevant when investing in index funds.
18:19 - Why Vanguard’s VTSAX is a good index fund and other great options.
18:19 - How Vanguard aligned itself with its investors.
20:48 How taking a “hands-off” approach to investing can be wildly successful.
23:30 - How to simplify the compounding process with index investing.
27:47 - The optimal way to invest a lump sum.
32:01 - Why Wall Street sells over-complicated products to their clients.
32:01 - Why there are conflicts of interest between financial advisors and their clients.
32:01 - When it makes sense to use financial advisors.
38:37 - Why JL thinks a house is a terrible investment.
38:37 - Why your house can be thought of as an expensive indulgence rather than an investment.
38:37 - The hidden costs of home ownership.
38:37 - Why easing your kids into learning about financial independence is so important.
51:52 - How does saving properly provide such powerful financial stability and freedom.
44:42 - Why focusing on minimizing the expense ratio of index funds is so powerful for compounding your money.
51:52 - Why getting your “money” right, opens up so many possibilities.
54:12 - The power of Chautauqua’s.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Buy a copy of JL’s books here.


Check out JL’s blog here.

Related Episode: MI041: The Simple Path To Wealth w/ JL Collins | YouTube Video.

Check out the books mentioned in the podcast here.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

Fundrise

Linkedin Marketing Solutions

TurboTax

HelloFresh

NetSuite

NerdWallet


Connect with Kyle: Twitter | LinkedIn | Website
Connect with JL: Twitter | Blog
Learn more about your ad choices. Visit megaphone.fm/adchoices

Send Message to Millennial Investing - The Investor’s Podcast Network

Unverified Podcast
Is this your Podcast? Claim It!

Podcaster File Millennial Investing - The Investor’s Podcast Network

Reviews for Millennial Investing - The Investor’s Podcast Network