182: I Have $X Amount, Where Do I Invest it? A 101 Investing Refresher

Published: June 8, 2021, 1 p.m.

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Johnny and Sam take it back to ILAB basics with a 101 how-to on where to invest your money at various dollar amounts. A refresher and update for everyone out there who is looking for places to grow their hard earned money.\\xa0

Listen to ILAB 182 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Sponsor:

  • Fundrise
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  • Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX \\u2013 Start with just a $10,000 account (reduced from $25,000)
  • Fundrise \\u2013 Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment \\u2013 Get up to 1 year managed free
  • Wealthfront \\u2013 Get your first $15,000 managed free
  • PeerStreet \\u2013 Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 05:30 \\u2013 How much money do you have in an emergency fund?
  • 09:26 \\u2013 Take it out of your free money, Company Matched 401K
  • 14:17 \\u2013 Manage your debt
  • 17:35 \\u2013 Individual Non-Taxable Account
  • 28:22 \\u2013 Looking back at your company and your employer
  • 29:52 \\u2013 It\\u2019s now time to start Investing
  • 37:14 \\u2013 Do what\\u2019s smart, stick to the script
  • 40:00 \\u2013 Look at diversification

If you enjoyed this episode, do us a favor and share it! Also if you haven\\u2019t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!\\xa0

Copyright 2021. All rights reserved. Read our disclaimer here.

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