Screw The Stock Market

Alex Escobar and Aziz Yousuf

Welcome to the Screw The Stock Market Podcast An Immigrant's Guide to Entrepreneurial Investing Wwe are your host Alex Escobar and Aziz Yousuf. On this show, we'll explore the world of alternative investments outside the stock market so you can change your life, take control over your future, and find those golden opportunities for building wealth. Tune in! read less
BusinessBusiness
InvestingInvesting

Episodes

Rachel Nabers | Solo 401ks and Checkbook IRAs
Jan 31 2024
Rachel Nabers | Solo 401ks and Checkbook IRAs
In this enlightening episode of "Screw The Stock Market," we dive into the world of solo 401ks and checkbook Individual Retirement Accounts (IRAs) with our special guest, Rachel Neighbors. As we explore these financial tools, we uncover how they can open doors to alternative investment opportunities, especially for solopreneurs and those seeking avenues beyond the traditional stock market. Rachel Neighbors - An expert in solo 401ks and checkbook IRAs, Rachel has a rich background in working with entrepreneurs and solopreneurs. She is deeply passionate about empowering individuals to maximize their investments and explore options beyond the conventional stock market. If you want to explore a solo401k click here  Rachel Neighbors provides an insightful overview of these financial instruments, explaining how they can be a game changer for individual investors. Accessibility of Alternative Investments:  The episode delves into the challenges typically faced by investors when trying to access alternative assets and how solo 401ks and checkbook IRAs can facilitate this process. Personal Journey with Solo 401ks:  Our host shares their own experience in setting up and using a solo 401k, highlighting the ease of management and the increased control over retirement funds. The Power of Community in Investment:  We discuss the crucial role of a supportive community for those new to solo 401ks and alternative investments, focusing on the sharing of knowledge and experiences. Diversification Beyond Stocks and Bonds:  The conversation emphasizes the importance of diversifying investments across different asset classes, including real estate and cryptocurrencies, through solo 401ks. Additional Resources: Link to solo 401k.com for more information on setting up your own solo401k click here⁠  Community forums and discussion groups for peer advice and support. Educational material on alternative investments and tax advantages.
TIME OUT | Embracing Cultural Identity
Jan 25 2024
TIME OUT | Embracing Cultural Identity
Welcome to Screw The Stock Market! In this episode, we delve into the unique challenges and opportunities faced by immigrants and their children in the realm of becoming professionals in the US. We want to share our personal stories and insights, exploring the delicate balance between assimilating into a new culture and preserving one's own heritage. Stay tuned! Alternative Asset Classes and Success Mindset: This section explores unconventional investment options and the importance of a mindset geared toward success. The hosts discuss strategies for financial growth beyond traditional stock market investments, emphasizing mental resilience and strategic planning in financial endeavors. Audience Engagement and Feedback: The importance of listener feedback is highlighted, with the introduction of a new audience survey to tailor content to listener preferences. This initiative demonstrates the podcast's commitment to interactive and responsive communication with its audience. Cultural Identity and Assimilation: The hosts share their experiences as children of immigrants, discussing the balance between adapting to American culture and preserving their own heritage. This conversation offers insights into the identity challenges faced by immigrants and their descendants. Immigrant Entrepreneurship: Focusing on the entrepreneurial spirit in immigrant communities, this segment discusses the unique challenges immigrants face in established professions and their turn towards entrepreneurship as an alternative path to success. Community, Support, and Financial Success: The role of the community in achieving happiness and financial success is emphasized. The hosts explore how supportive networks based on shared backgrounds can offer both emotional and practical support, aiding in professional and financial growth. Benefits of Cultural Preservation: The final part of the episode delves into the advantages of maintaining cultural ties. The hosts discuss how cultural heritage provides a sense of identity, belonging, and networking opportunities, highlighting its importance in personal and professional life. participate in the "Screw The Stock Market" survey at screwthestockmarket.com/slsssurvey to help tailor future content to listener interests and needs.
TIME OUT | An Immigrant's Guide to Entrepreneurial Investing
Jan 10 2024
TIME OUT | An Immigrant's Guide to Entrepreneurial Investing
Welcome to "Screw The Stock Market", where we kick off the New Year 2024 with a deep dive into regrouping and reflecting on our journey. In this episode, we explore the importance of alternative asset classes and the power of a success mindset. Join us as we discuss our evolution and plans for the show, focusing on the unique perspectives of children of immigrants in the world of entrepreneurial investment. Reflecting on the New Year and Show's Evolution: We discuss the importance of regrouping at the start of 2024, reflecting on our journey so far. The show has evolved over nearly two years, and we're excited to delve deeper into making impactful content that resonates with our diverse audience. Engaging with Our Audience - Survey Announcement: We're introducing a survey on screwthockmarket.com/sls/survey to better understand our audience's investment profiles and goals. This feedback will be instrumental in shaping our content to be as informative and helpful as possible. Focus on Children of Immigrants and Dual Cultural Upbringing: A significant part of our discussion centers around the experiences of children of immigrants, balancing different cultural backgrounds. We aim to connect with viewers who share this unique dual-cultural upbringing, while keeping our content inclusive for all. New Direction - "An Immigrant’s Guide to Entrepreneurial Investment": We announce a new subtitle for the show, highlighting our focus on the immigrant experience in entrepreneurship and investment. This change reflects our commitment to exploring diverse perspectives shaped by various cultural backgrounds. Personal Stories and Plans for Future Content: We share personal anecdotes and family stories, discussing the challenges faced by first-generation individuals. These experiences will be a key focus in our upcoming episodes, exploring the intersection of immigrant experiences with business and investment. Survey Link: screwthockmarket.com/sls/survey Follow us on our social media platforms for more insights, updates, and behind-the-scenes content. Join our community and be part of the conversation. Share your thoughts, experiences, and feedback with us: Instagram: @screwthestockmarketshow Thank you for joining us in this insightful episode as we embark on a new chapter of "Screw The Stock Market." We're excited to delve into the realms of entrepreneurial investment through the lens of our diverse backgrounds and experiences. Stay tuned for more enriching content, and don't forget to complete our survey to help us serve you better. Until next time, keep challenging the norms and screwing the stock market!
Vipin Singh: Entrepreneurship Through Acquisition
Dec 28 2023
Vipin Singh: Entrepreneurship Through Acquisition
Join us in a captivating discussion with Vipin Singh, a seasoned professional with over two decades of experience in investment banking, finance, and consulting. This episode delves into the nuances of entrepreneurship through acquisition, the journey from a corporate job to owning a business, and the critical role of personal support systems in entrepreneurial success. Show Notes: Introduction to Vipin Singh's Professional Journey We kick off the episode with an introduction to Vipin Singh, detailing his extensive experience working with Fortune 500 companies and his transition into the realm of entrepreneurship.Understanding the shift from a stable corporate career to the dynamic world of business ownership. The Philosophy of 'Betting on Oneself' in Business Vipin shares his perspective on the risks and rewards of investing in oneself and how it compares to traditional stock market investments.Balancing risk with self-belief in the entrepreneurial journey. The Dynamics of Business Brokerage and Acquisition An in-depth look at Vipin’s experience in business brokerage, including how he assesses and navigates the acquisition of small businesses.Practical strategies for evaluating business opportunities and understanding small business financials. The Importance of Family Support in Entrepreneurship A crucial conversation on how spousal support and joint decision-making can impact entrepreneurial ventures, especially when it involves significant financial risks.Strategies for maintaining communication and balance between business risks and family life. Listener Engagement and Interactive Survey Encouraging listener participation through a survey designed to understand their interests and investment profiles, aiming to tailor future content more effectively.The importance of audience feedback in shaping content and building a community around the podcast. Resources Mentioned: Vipin Singh’s LinkedIn Profilescrewthestockmarket.com/survey Connect with Us: Website: screwthestockmarket.comEmail: info@screwthestockmarket.comSocial Media: @screwthestockmarketshow
TIME OUT | Closing the Big Deal, Indianapolis Real Estate Rollercoaster!
Dec 20 2023
TIME OUT | Closing the Big Deal, Indianapolis Real Estate Rollercoaster!
Welcome Back! After a brief hiatus, we're excited to return with some big news and updates! In this exciting comeback episode of "Screw the Stock Market," we share the whirlwind journey of closing a significant real estate deal in Indianapolis and the rollercoaster of challenges we faced along the way. Discover how we navigated investor dramas, the intense hustle to raise capital, and the complexities of financial transactions. We dive into the teamwork and risk-taking that went into securing the deal, including personal loans and asset leveraging. Celebrate with us the successful appraisal of the property, ensuring immediate profitability, and get insights into our strategic approach to property management. We also invite you to participate in our survey at [screwthestockmarket.com/survey] to help us tailor our content to your interests. This episode is a testament to the resilience and dedication required in real estate investing. Stay tuned for more insights and stories on alternative asset classes and successful investment strategies. Survey Link: [screwthestockmarket.com/survey] Website: [screwthestockmarket.com] Don't forget to subscribe to our podcast and follow us for more episodes on investment strategies and success mindsets. Contact Us: For inquiries and suggestions, please contact info@screwthestockmarket.com Thank You for Listening! We appreciate your support and are excited to share more episodes with you soon.
Rev Duane Quamina: Revolutionize the Mortgage Industry
Sep 13 2023
Rev Duane Quamina: Revolutionize the Mortgage Industry
In this episode, we dive deep into the life and ventures of Reverend Duane A Quamina, a man with a truly cinematic past who has now dedicated himself to a revolutionary mission. Rev Quamina shares how he transitioned from a life steeped in crime to becoming a change-maker aiming to democratize the mortgage industry. You'll hear his dramatic life story, which could soon be turned into a movie with possibly Jamie Foxx involved, and you'll learn about his new initiative aimed at alleviating systemic biases in mortgage lending for people of color. Life Story (00:05:30 - 00:12:15) Rev Duane Quamina talks about his tumultuous journey, from being involved in drug distribution to participating in the largest heist in American history. His life took a turn after meeting Reverend James Bevel, a key figure in the Civil Rights Movement, who became a mentor and shifted his trajectory towards social impact. Influence of Mentors (00:12:20 - 00:16:05) Quamina emphasizes the influence of Reverend James Bevel and how his guidance was the catalyst for changing his life. Bevel taught him the importance of 'leaving a record' and making an impactful change in society. Revolutionary Approach to Mortgages (00:20:05 - 00:25:00) Quamina discusses his latest initiative—a revolutionary mortgage company aimed at serving 13 million underserved homebuyers. He outlines the plans to break down barriers, reduce risk, and challenge discriminatory practices in the mortgage industry. Crowdfunding and Networking (00:25:05 - 00:27:30) Rev Quamina utilized Oscar Joffrey's platform for crowdfunding to raise capital for his mortgage initiative. The episode reflects on how networking and collaboration can serve to amplify impact. Addressing Systemic Biases (00:27:40 - 00:32:00) The episode concludes with a discussion on how Quamina's new company aims to address systemic biases that are deeply ingrained in the mortgage and banking industry. By creating a platform that aims to be free of discrimination, Quamina aims to radically change how lending is done, especially for minorities and people of color. Tune in to this awe-inspiring episode to learn how one man's transformation can lead to societal change. Reverend Duane A Quamina is a living testament to the incredible impact that one individual can make when they focus their energy on the greater good. Don't forget to fill out our survey at screwthestockmarket.com/survey to help us continue delivering content that meets your interests!
William A. Adams: Building Generational Wealth with Silicon Valley Pioneer
Sep 6 2023
William A. Adams: Building Generational Wealth with Silicon Valley Pioneer
Welcome to another episode of Screw the Stock Market, where we explore alternative ways of investing and thinking about money. We're excited to have William A. Adams as our guest for today's episode. William is a tech guru, an entrepreneur, and one of the first black pioneers in Silicon Valley. He’s been a part of the tech boom since the early '90s and now focuses on empowering minority entrepreneurs in the tech industry with a mission to spark generational wealth. The Birth and Growth of Minority Entrepreneurs in Silicon Valley  [05:20] William discusses being one of the first black entrepreneurs in Silicon Valley. He gives an eye-opening account of the challenges he faced during the early days of the tech boom. While not the first black entrepreneur in the region, he was definitely among the pioneers and has landed a spot in the Museum of Silicon Valley. High-Risk, High-Reward Venture Deals [11:45] William opens up about venture capital deals and returns in tech, mentioning that while these can be high-risk, the returns can be staggering. He gives us his perspective on the kinds of risks and rewards that come with investing in tech, which can sometimes be a stark contrast to more traditional investments like real estate. Overcoming Barriers and ‘You’re Not One of Us-ism’ [25:34] He delves into the cultural and social barriers he had to face and conquer in his career. This ranges from being denied a bank account to hearing veiled refusals from venture capitalists. William argues that what many label as racism is actually a universal "You're not one of us-ism" rooted more in socio-economic status than race. The Power of Excellence and Value [28:10] William explains that the key to breaking barriers and succeeding in a challenging environment is simply to be excellent. By delivering outstanding value, he was able to find people who were willing to overlook societal barriers and engage in mutually beneficial business relationships. Taking Control of Your Own Financial Destiny [42:00] Towards the end, William talks about the importance of self-reliance and not being a victim of circumstances. He advises people to be proactive about their lives, mentioning how you can take control of your finances and not be dependent on traditional systems like the stock market. Thank you for tuning into this episode of Screw the Stock Market. We hope you found it as insightful and inspiring as we did. Don't forget to connect with William and us on our various platforms, and feel free to participate in our survey at screwthestockmarket.com/survey to help us tailor our content to your needs.
Oscar Jofre: Capital Raising Potential
Sep 1 2023
Oscar Jofre: Capital Raising Potential
Welcome to another exciting episode of our podcast, where we dive into unconventional investment strategies and success stories beyond the stock market. In today's episode, we have a special guest, Oscar Jofre, a serial entrepreneur with a rich background in the tech space. He shares his insights into capital raising, private equity, and innovative approaches to maximizing investment opportunities. (02:05) Introduction to Oscar Jofre Learn about Oscar Jofre's background as an immigrant from Chile and his journey into the tech and entrepreneurship space.Discover how he transitioned from working with Best Buy's founder to creating his own startups. (07:18) Democratizing Access to High-Growth Opportunities Explore the concept of democratizing access to innovative high-growth opportunities for investors.Understand how Oscar's company leverages SEC regulations to make capital raising more accessible and streamlined. (11:45) Empowering Minority Groups and Immigrant Communities Dive into Oscar's passion for uplifting minority groups and immigrant communities through accessible investment opportunities.Learn how his approach fosters diversity in capital raising and investment success. (15:30) The Power of Regulation A+ and Regulation CF Discover the potential of Regulation A+ and Regulation CF as investment vehicles.Understand how these regulations provide flexible investment options with lower minimums, allowing small investors to participate. (20:10) AI and Voice Recognition's Evolution Oscar's early fascination with AI and voice recognition in the 1990s.Explore the journey of AI from its inception to today's advancements and its implications for various industries. Thank you for tuning in to this episode, where we uncovered the exciting world of capital raising, entrepreneurship, and the power of innovative investment strategies. To stay updated and access more valuable content, be sure to check out our website and subscribe to our podcast. Connect with Alex and Aziz: info@screwthestockmarket.com www.screwthestockmarket.com Connect with Oscar: https://www.linkedin.com/company/korechain/https://www.facebook.com/korechainhttps://twitter.com/korechainhttps://www.koreconx.com/https://www.youtube.com/@Koreconx
Time Out | The Crossroads of Achievement and Identity
Aug 23 2023
Time Out | The Crossroads of Achievement and Identity
Welcome back to another episode of "Screw the Stock Market!" For those of you who've been on this journey with us, today's episode delves deep into the intricate dance between success and identity. How do we define success, and at what point does it become intertwined with our very sense of self? Journey with us as we explore these themes and more. Vivid Vision: The idea of visualizing and genuinely experiencing the finish line of your goals. It's about living the sensation of success even before you've reached it. An Unexpected Success: Discussion on an article about an individual who experienced sudden success due to the pandemic. His business skyrocketed, leading to an early retirement after selling to a larger company. The Success Guilt: A deeper dive into the feelings of awkwardness and guilt some face after attaining significant success. This individual struggled with sharing his new status with others, often being vague about his accomplishments. Power of Identity: The power of identity tied to work and how difficult it can be to shed that identity even when success has been achieved. Many can't imagine leaving their job because of how intertwined their identity is with their role. Cultural Views on Success: An interesting comparison of how success is viewed in different cultures. While American celebrities often showcase their hustle, the wealthy in countries like Italy embrace leisure more openly. Success and identity are intertwined in complex ways, and cultural views play a significant role in shaping our perceptions. Whether it's the grind culture in the US or the leisurely approach in Italy, the journey to success is diverse and multifaceted. Stay tuned for more insights on our next episode! Follow us on social media @screwthestocmarketshow www.screwthestockmarket.com Take our survey www.screwthestockmarket.com/survey
Caleb Irmler: From Pest Control to Entrepreneurship
Aug 16 2023
Caleb Irmler: From Pest Control to Entrepreneurship
Welcome to Screw The Stock Market! In this episode of the podcast, we're joined by Caleb Irmler, an inspiring entrepreneur who shares his incredible journey from an unexpected career start in Pest Control to becoming a successful business owner and coach. Caleb's story is a testament to the power of determination, resourcefulness, and the ability to seize opportunities. Join us as we dive into the insights he gained along the way and discover valuable lessons for anyone looking to make their mark as an entrepreneur. Caleb Irmler, an entrepreneur with a background in pastoral theology, found himself facing financial challenges that led him to embrace entrepreneurship in unconventional ways. He started his journey with a job in Pest Control, a field he knew nothing about, and went on to build a thriving business. Today, he also coaches other entrepreneurs on how to navigate the world of business, automation, and growth. Seizing Opportunities Without Overthinking (2:36 - 6:12) Caleb's entry into the world of entrepreneurship began with seizing an unexpected opportunity, even without industry knowledge. His story highlights the importance of taking action and not letting fear or overthinking hinder progress. The Power of Grit and Determination (6:13 - 8:30) Caleb's willingness to work multiple jobs and adapt to challenges showcases the power of grit. His determination to succeed, even when faced with financial constraints, serves as a motivating reminder that hard work can lead to unexpected success. Starting Small and Scaling (8:31 - 10:54) Starting with minimal resources, including an ironing board as a standing desk and a basic printer, Caleb exemplifies the idea that you don't need everything perfectly lined up to start a business. His journey underscores the potential for growth and scaling from humble beginnings. Choosing the Right Industry for Entrepreneurship (10:55 - 13:18) Caleb emphasizes the importance of choosing the right industry when transitioning to entrepreneurship. He discusses the value of picking an industry with potential for automation, scalability, and long-term viability, while cautioning against industries with high failure rates. Passion, Fire, and Authentic Entrepreneurship (13:19 - 16:54) Caleb's take on passion challenges the idea of borrowing someone else's fire and encourages aspiring entrepreneurs to find their own authentic source of passion. His insights shed light on how true passion can drive success and energize others to join your journey. To connect with Caleb: https://www.linkedin.com/in/caleb-irmler-86072b42/ https://rawentrepreneur.com/ To connect with us: www.screwthestockmarket.com Caleb's journey from Pest Control to entrepreneurship is a testament to the transformative power of determination, resourcefulness, and a willingness to embrace the unknown. Tune in to gain insights into his remarkable story and discover lessons that can empower you on your own entrepreneurial path. Thank you for joining us on this episode of the podcast. Be sure to subscribe for more inspiring conversations with entrepreneurs, thought leaders, and innovators who are making their mark in the business world. If you enjoyed this episode, please leave a review and share it with your network. Stay tuned for more insightful episodes coming your way.
Time-Out Journey to Financial Freedom
Aug 9 2023
Time-Out Journey to Financial Freedom
Hello and welcome to Screw the Stock Market! Embark on your journey to financial freedom with a crucial first step: a meticulous examination of your personal expenses. This episode delves into the significance of eliminating non-essential costs, laying a solid foundation for a future of financial autonomy. Tune in to arm yourself with strategies that propel you closer to your financial aspirations. Reviewing Our Expenses: Our first step towards financial freedom is a comprehensive review of our individual expenses. It's crucial for us to reduce unnecessary costs as we work towards our financial freedom goals.Our Budgeting Techniques: We discussed various techniques, and one of us has found significant success with the "envelope system." By allocating specific cash amounts to envelopes for different expenses, we can better manage our spending. Our Principle of Budgeting: For us, it's all about planning ahead rather than reacting to expenses as they arise. It's essential for us to list our mandatory costs, allocate our income to these costs, save where we can, and genuinely understand our financial situations. Awareness of Our Bills & Our Power to Negotiate: We often lose track of recurring subscriptions or services we no longer use. It's vital for us to regularly check our bank statements and be aware of where our money is going. Furthermore, we've realized that many of our bills can be negotiated, and by doing so, we can save significantly. Balancing Our Income and Expenses: We've observed that as our income grows, our expenses often increase in tandem. We believe that by exercising discipline in our early stages of financial growth, we'll lay a solid foundation for managing even larger incomes in the future. If we find budgeting a challenge at our current income level, it might be time for us to explore ways to enhance our earnings. We encourage all of you to reflect on your expenses and evaluate your budgeting strategies based on the insights we've provided. We also welcome your feedback and questions and look forward to diving deeper into this topic in our future episodes.
Albert Dunn: Mastering Negotiation
Aug 2 2023
Albert Dunn: Mastering Negotiation
Welcome to Screw The Stock Market, In today's episode we have a great conversation with one of our previous guests, Dr. Albert Dunn who's going to talk about negotiation. We had an enlightening discussion that delved into personal experiences and offered some practical insights. If you've ever wondered how to negotiate, what your objectives should be, or what you can save through smart negotiating, this episode is for you. Here are some highlights from our engaging conversation: A Real-Life Negotiation Scenario: Al shares an in-depth story about his recent experience in purchasing a new Ford F 150 Raptor. From having to fix his old Jeep to the urgency of finding a new vehicle, his story illustrates the importance of negotiation in our daily lives. Knowing What You Want: Al’s research and determination in what he wanted allowed him to approach the dealership with confidence. Understanding what you want and sticking to it can be key in negotiation, as it ensures that you make choices aligned with your needs and preferences. Importance of Timing and Prioritization: Al’s tight schedule and clear priority to get the car that very day influenced his negotiating tactics. Knowing your own priorities and communicating them effectively can pave the way for successful negotiation. Flexible Payment Options and Standing Your Ground: During the purchase, Al faced several challenges in payment methods and high-interest rates. His ability to stand his ground, while remaining open to creative solutions, ultimately led to a successful deal. This illustrates the importance of flexibility and assertiveness in negotiations. Contrasting Views on Value and Objectives: The discussion concludes with contrasting views on negotiation priorities. For Al, time was the most crucial factor, while for others, the focus might be on getting the best financial deal. Recognizing what's most important to you and aligning your negotiating strategy with those values is essential. We hope you found this episode insightful and that it inspires you to consider your negotiation strategies, whether it's for a big purchase like a car or smaller, everyday decisions. Thanks for tuning in, and we look forward to sharing more engaging conversations with you in future episodes!
Time Out - IDENTITY
Jul 26 2023
Time Out - IDENTITY
Welcome to Screw The Stock Market. Today we have another Time Out episode in which we take a moment to reflect on the successful investments we've made in the past, viewing each as a great opportunity for growth and learning for our entire community. Behind the Name of the Podcast & Personal Updates (00:32 - 01:39) Diving into a bit of history, the hosts explore the unconventional naming of the podcast. They recount their decision-making process, opting for a name that symbolizes a non-traditional approach to investments, a break from the status quo. Following this, the hosts provide a personal life update. For instance, one of them talks about the new journey of wearing Invisalign braces, using this experience as a metaphor for the importance of adjusting and evolving, both in life and in investing. Identity Crisis: An Intriguing Encounter in Japan (02:04 - 07:40) This section brings a story to life from one of the hosts' trips to Japan. They share a fascinating encounter with a local, which led to a deep, introspective conversation about personal identity. This conversation triggered an "identity crisis," forcing them to question their personal and professional identities and how they've been influenced by their environment. The hosts provide vivid descriptions of this encounter and how it subsequently transformed their perspectives. Perspectives on Identity: From Ethnic Roots to Personal Passions (08:44 - 10:22) In this segment, the hosts discuss their perspectives on identity. They explore how ethnicity, cultural roots, and personal passions shape who they are, but also express the fluidity of identity and how it is influenced by personal growth and experiences. They argue that identity isn't a fixed concept but rather something that evolves over time, affected by individual decisions and societal impacts. The Show's Purpose & Audience: A Focus on "Outsiders" (11:16 - 13:48) Wrapping up, the hosts explain their podcast's purpose and who they aim to reach. They express their interest in connecting with those who feel like "outsiders" - those questioning traditional societal norms, those seeking deeper insights and a new approach to investment and personal growth. The hosts discuss the importance of creating a community of 'outsiders' to share knowledge, and insights, and foster a supportive network. Resources: Screw the Stock Market Website Don't forget to follow us on our social media channels and subscribe to the podcast for regular updates. Please leave a review if you liked this episode and share it with others who might benefit from this conversation about identity.
Time Out | Unveiling the Impact of "Rich Dad Poor Dad
Jun 28 2023
Time Out | Unveiling the Impact of "Rich Dad Poor Dad
Welcome to Screw The Stock Market!  In this episode of "Screw the Stock Market," the discussion revolves around a review of the popular book "Rich Dad Poor Dad" and its profound impact on shaping a successful wealth mindset. The hosts also share their thoughts on a humorous podcast episode that critiques influential books, providing entertaining insights. Throughout the episode, various aspects of investing, property transactions, and passive investment strategies are explored. Reviewing "Rich Dad Poor Dad": [01:00 - 03:45] The hosts begin by reflecting on the influence of "Rich Dad Poor Dad" within the real estate investing community, and how it is frequently recommended by successful investors. They share personal experiences of reading the book, highlighting its profound impact on shaping their perspectives regarding wealth accumulation and escaping the rat race. A Hilarious Book Review: [04:00 - 06:20]  Moving on, they discuss a humorous podcast episode titled "If Books Could Kill," which comically critiques influential books. The hosts recommend this episode, particularly the hilarious review of "Rich Dad Poor Dad," to the listeners, adding an extra layer of entertainment to the book discussion. Analyzing "Rich Dad Poor Dad": [06:30 - 10:15] Analyzing "Rich Dad Poor Dad," the hosts appreciate its ability to shift mindsets, especially concerning the wage system and the pursuit of financial freedom. However, they critique the book's writing style, acknowledging the author's admission of not being a proficient writer. They highlight instances of irrelevant tangents and unclear messaging, which hinder the book's effectiveness. Lessons Learned: [10:30 - 14:50] Next, the hosts delve into the lessons learned from "Rich Dad Poor Dad." They emphasize the significance of gaining experience, leveraging it, and actively striving for financial independence. Personal anecdotes of individuals who started with modest beginnings and achieved success through mentorship and hard work are shared. The hosts also acknowledge the book's limitation in providing actionable steps for creating wealth, criticizing its vagueness in this regard. See the crucial role of mindset in attaining financial goals. They cite examples of individuals who possessed an unwavering belief in their eventual success, highlighting the importance of self-belief and envisioning greatness as prerequisites for taking decisive action. Connect with Alex and Aziz and go to www.screwthestockmarket.com for investment opportunities
Josh Lawlor - Unleashing Your Money Through Film Shoot Rentals
Jun 21 2023
Josh Lawlor - Unleashing Your Money Through Film Shoot Rentals
Welcome to "Screw the Stock Market," the podcast that explores alternative asset classes, success mindset, and inspiration for financial independence. In this episode, we have a special guest, Josh Lawlor, who shares his unique perspective on real estate investing. Josh Lawlor is an experienced real estate investor who began his journey after the 2008 financial crisis. With a keen eye for opportunity, he successfully navigated the real estate market, starting with a transformative long-term live-in flip project. Josh's dedication and strategic approach allowed him to add substantial equity to the property, setting the stage for his subsequent ventures. As he expanded his portfolio, Josh ventured into traditional single-family rentals in Atlanta and Jacksonville, leveraging the expertise of turnkey real estate operator, Roofstock. Throughout his journey, Josh faced and overcame various challenges, continually adapting and seeking ways to optimize his investments. Let's dive in! Josh's Real Estate Journey (01:30 - 06:45) Josh embarked on his real estate journey with a successful long-term live-in flip following the 2008 financial crisis. By renovating and adding equity to the property, he laid the foundation for his future real estate investments. Initially focusing on traditional single-family rentals in Atlanta and Jacksonville through Roofstock, a turnkey real estate operator. As Josh aimed to scale his investments, he encountered budget constraints that required creative solutions. Over time, the properties appreciated, generating consistent cash flow and providing opportunities for cash-out refinancing. The Unexpected School District Dilemma (06:45 - 10:20) During a local fixer-upper renovation, Josh and his family temporarily relocated outside their school district boundaries. To allow his children to continue attending their school, the school administration demanded tuition payment, leading to unforeseen financial burdens. Motivated by this experience, Josh explored avenues to recover the tuition expenses and identify alternative sources of income. Discovering Film Shoot Rentals (10:20 - 15:10) Upon returning to their renovated home, Josh discovered the lucrative potential of renting homes for film and commercial shoots. Contrary to common misconceptions, film shoots primarily involve one-day commercial shoots catering to various businesses and content creation needs. Businesses, startups, and musicians often require professional content for websites, social media, product launches, and music videos. Renting out homes for film shoots proved to be a profitable and passive investment opportunity that intrigued Josh. Suitability of Homes for Film Shoots (15:10 - 19:05) Josh dispels the myth that only specific types of houses are suitable for film shoots, emphasizing the diverse requirements of each production. Homeowners can benefit from renting out their normal houses, as productions have varied needs and aesthetics. Instead of conforming to a specific house type, the focus should be on finding the right match for a particular production. Josh encourages listeners to consider film shoot rentals as a unique avenue for passive investment and supplemental income. Engaging professional crews is essential for a successful and seamless experience when renting homes for film shoots. Exploring this niche can provide financial freedom, investment control, and a different lifestyle approach. For more comprehensive insights and practical advice, listen to the full episode to delve deeper into Josh's experiences. Contact us: Visit our website to explore various investment opportunities. For further inquiries or to get in touch, go to www.screwthestockmarket.com and use the "Invest with Us" button available on the website.
Time-Out | Death, Reconciliation, and Embracing Life
Jun 7 2023
Time-Out | Death, Reconciliation, and Embracing Life
Welcome to Screw the Stock Market. In this particular episode, the focus shifts from traditional finance discussions to a personal narrative that has deeply impacted Alex and Aziz. They bravely share their journey through personal tragedy, drawing attention to the essential need to prepare - both financially and emotionally - for major life events like death. They recount the unexpected loss of a close family member, an event that brought them face-to-face with the stark reality of mortality. As they navigate the tumultuous waters of grief and acceptance, they find a sense of solace in sharing their story with listeners. Through this intimate discussion, the hosts aim to underscore the importance of protecting your assets after death. The recent tragedy put into sharp relief the potential complications and significant wealth loss that can arise from a lack of financial planning - additional burdens that can exacerbate an already challenging time. Tune in to witness a profound exploration of the interplay between finance and mortality, and gain wisdom on preparing for life's most difficult inevitabilities. Value of Family Connection:  0:00 - 1:28 One of the key takeaways is the profound importance of maintaining strong connections with family members. Highlighting the need to prioritize these relationships and not wait for a tragedy to strike before reaching out. Drawing from their own experiences of reconnecting with long-lost relatives, they emphasize the joy and sense of belonging that can come from fostering these connections. Proactive Planning:  1:29 - 5:43 Another critical aspect explored in the episode is the necessity of proactive planning, particularly in terms of financial matters. The hosts emphasize the significance of preparing wills and trusts to avoid complications and the loss of wealth after death. Through personal anecdotes, they underscore the potential consequences of failing to plan adequately, including the risk of substantial taxes and unforeseen. Health and Well-being:  5:44 - 9:21 The conversation shifts towards the importance of prioritizing personal health and well-being. The hosts raise concerns about the prevalent "hustle culture" that often overlooks self-care. Stressing the need to strike a balance, they urge listeners to take care of their mental and physical health. They believe that one's overall well-being is crucial for long-term success, as it directly impacts their ability to support. Balance in Life:  9:22 - 12:56 Lastly, the hosts discuss the significance of finding a harmonious balance between immediate gratification and long-term goals. While advocating for seizing the present moment and cherishing time spent with loved ones, they also highlight the importance of considering future aspirations. They encourage listeners to enjoy life but also make prudent decisions, acknowledging the transient nature of our existence. Cherish and enjoy life, expressing the importance of valuing personal relationships and taking calculated risks in pursuing one's goals and aspirations. Join us for our next episode as we continue to explore various aspects of life, business, and personal growth. We hope to provide valuable insights that inspire you to live a fulfilling and meaningful life. To connect with us:  screwthestockmarket.com
Caleb Johnson: From Overcoming Struggles to Building a Multi-Million Dollar Real Estate Empire
May 31 2023
Caleb Johnson: From Overcoming Struggles to Building a Multi-Million Dollar Real Estate Empire
Welcome to Screw The Stock Market In this episode of the STS podcast, our guest is Caleb Johnson, an apartment syndicator, and multi-family real estate investor. Caleb's approach to life and business is deeply rooted in his faith in God. We are excited to have him on the show and anticipate valuable insights and practical advice from his experiences. Caleb's journey is both inspiring and relatable. Let's dive into what motivated Caleb to pursue the path of wealth-building About the guest: Caleb is a highly accomplished apartment syndicator and multi-family real estate investor. Caleb's passion for real estate investment is deeply rooted in his personal experiences and his strong faith in God. Despite his young age, Caleb has already made significant strides in the real estate industry. He has successfully completed five real estate deals, with a total value of approximately $9 million. Background and Motivation: [02:18] Caleb's motivation to invest in real estate comes from witnessing his mother's financial struggles after surgery and his desire to take care of his parents. Despite his young age, he has already completed five real estate deals totaling approximately $9 million. His story is truly inspiring and resonates with many listeners. Actionable Tips for Success: [4:14] During the interview, Caleb shares actionable tips for success, particularly in building mentorships and relationships to access the best investment opportunities. He emphasizes the importance of persistence and selflessness, highlighting the value of giving without expecting anything in return. Caleb also emphasizes finding ways to add value to others, which can lead to fruitful mentorship connections. Understanding Commercial Real Estate: [05:05] Caleb provides clarification on the definition of commercial real estate, specifically focusing on multi-family properties with five or more units. He explains his transition from residential to commercial real estate investing, outlining the challenges and rewards associated with this market. The hosts engage in a discussion about the dynamics of commercial real estate and its potential for growth. Overcoming Challenges Building Relationships: [08:18] Sharing his experiences, Caleb discusses the process of finding real estate deals. He emphasizes the importance of persistence and building relationships with brokers. Caleb shares insights into establishing rapport with brokers and tailoring communication to their preferences. The hosts commend Caleb's ability to strike a balance between sales tactics and genuine relationship building, which has contributed to his success. Incorporating Faith into Business: [11:08] Caleb opens up about the role of faith in his approach to business and life. He credits his faith as a stabilizing force and expresses gratitude for his mentors and God's guidance. The hosts appreciate Caleb's perspective and acknowledge the impact of faith in achieving personal and professional success. Future Goals and Outlook: [13:17] While acknowledging the challenges of long-term goal setting, Caleb expresses his anticipation that his goals will evolve over time. The hosts express confidence in Caleb's future success, particularly in the apartment real estate market. They discuss the growing trend of renting and its potential impact on the market in the coming years. Caleb Johnson's story is both inspirational and practical, filled with actionable steps for those interested in real estate investing. His journey from cleaning toilets for his mentor to now being a successful apartment syndicator is a testament to his determination and belief in alternative investment approaches outside the stock market. Resources: Bigger Pockets Rich Dad, Poor Dad Cashflow Quadrant Connect with Caleb: LinkedIn Red Sea Capital Group  Connect with Alex and Aziz: screwthestockmarket.com
Time-Out | Artificial Intelligence: The Financial Evolution - Disruption or Opportunity?
May 24 2023
Time-Out | Artificial Intelligence: The Financial Evolution - Disruption or Opportunity?
AI's dominance extends beyond industries, and the stock market is no exception. With its advanced algorithms and data analysis capabilities, AI is revolutionizing investment strategies and reshaping the financial landscape. Join Alex and Aziz as they explore how AI is taking over the world and transforming the stock market. About the Episode [00:00:36] Join Alex and Aziz in this exciting episode as they dive into the topic of "Judgment Day: Rise of the Machines." Lately, AI has been the talk of the town, particularly in the business world. From AI-powered chatbots like ChatGPT to Google's Bard and even Meta's upcoming open-source version, everyone is jumping on the AI bandwagon. However, this surge in AI development has sparked concerns and pessimism, with fears that it will lead to job losses and an uncertain economic future for average individuals like Joe Schmo. While there will undoubtedly be significant changes in how the economy functions, Alex believes the impact will be more pronounced for future generations than our own. Tune in to explore these intriguing perspectives and gain insights into the potential consequences of AI on our society. What Do People Do with AI? [00:06:29] This is a golden opportunity for investors and businesses as AI technology gains momentum. It simplifies tasks, provides useful tools, and can be outsourced to streamline operations. Whether in real estate or the stock market, leveraging AI can offer a competitive edge. Being creative and embracing AI now allows individuals to maximize their business potential before it becomes commonplace. Moreover, considering the uncertain future job landscape, establishing generational wealth becomes increasingly vital. Seize the moment and build a solid foundation to adapt to the changing times. Humility is the New Smart [00:12:54] Humility is the New Smart by Ed Hess predicts the rise of the machine age and highlights the increasing value of our humanity. Fields like nursing, teaching, and caregiving will be elevated, emphasizing interpersonal relationships over specific skills. This shift acknowledges the inherent importance of human connection and empathy. The book urges us to embrace humility, recognize our limitations, and adapt to change. By collaborating with technology instead of competing against it, we can successfully navigate the complexities of the modern world and coexist with smart machines. Screw the Stock Market: Website: Screw the Stock Market YouTube: YouTube   About the EpisodeWhat Do People Do with AI?Humility is the New SmartResources:Instagram: Instagram
Richard Vinhais: From Passion to Profit. The Power of Collectibles as Alternative Assets
May 17 2023
Richard Vinhais: From Passion to Profit. The Power of Collectibles as Alternative Assets
Collectibles have become a popular alternative investment offering pleasure and potential profits. From rare coins to sports memorabilia, they provide a unique way to diversify portfolios. Richard Vinhais will guide you through the captivating world of collectibles as an alternative asset and share valuable insights and experiences. Join in for an exciting exploration of this investment landscape. Recap of the Episode [00:00:24] This episode explored the captivating realm of collectibles. From baseball cards to fine art, these items hold immense value and ignite passions. Scarcity is pivotal in their worth, distinguishing them from utility-based assets. The guest shared strategies for understanding their value and building relationships within these passionate communities. Their business focuses on insuring collectibles, while fractional ownership platforms provide accessible entry points for all budgets. We continue to uncover asset classes with lower buy-ins, expanding investment opportunities for a wider audience. About the Guest [00:06:16] Today's guest is Richard Vinhais, CEO at WAX, an experienced professional with a diverse background in corporate consulting and venture-backed startups. Richard's journey took an unexpected turn when his lifelong passion for collecting, particularly watches, led him to uncover the increasing value of collectibles as alternative assets. Coming from a frugal upbringing as a first-generation American, Richard offers a unique perspective on navigating this evolving market and the exciting opportunities it presents. How Richard Ended Up in WAX [00:18:48] Richard Vinhais found himself at WAX Insurance after a chance encounter with a friend in the watch-collecting community. Initially skeptical, he took a risk and invested in valuable ticket stubs. This led to raising half a million dollars from others who believed in the venture. His prominent venture capitalist friend recognized Richard's potential and convinced him to join WAX Insurance. Now, Richard embraces the challenges of insuring collectibles in a rapidly growing market, offering an alternative investment option beyond the stock market. How to Become Knowledgeable about Watches [00:52:32] To become knowledgeable about watch collecting, join passionate communities, follow influential blogs like Hodinkee, and engage with experienced individuals. Platforms like WatchRecon and Chrono24 reveal pricing trends, while groups like RedBar offer connections with like-minded enthusiasts. Engaging with these communities is a rewarding experience for collectors of watches and other collectibles. Top Collectibles in the Market [01:00:38] Top collectibles in the market now include Michael Jordan's memorabilia like sneakers and jerseys, valuable trading cards such as the 1952 Mickey Mantle tops card, spirits and wine, collector cars reaching astronomical values, notable auction sales at Sotheby's, and the consistently hot market for fine art, with prices reaching multi-million dollar levels. Stay informed about auction trends to gauge the interests of speculators and the areas where investments are being made. Taxes & Insurance on Collectibles [01:05:01] Collectibles may have tax implications, leading some collectors to store valuable items in tax-free locations. WAX offers vaulting services for watches and sports memorabilia, providing clients with more options. Insurance rates vary based on location and collection size, with discounts available for larger collections with proper security measures. Jewelry has higher insurance rates due to the risk of loss during transportation. Artwork and collector cars, which are typically stationary or driven infrequently, have lower rates. Insurance premiums reflect the risk profile of each item. Resources: Website: https://www.wax.insure/  Instagram: Instagram LinkedIn:  LinkedIn