Episode 32: Jerry Huang – Energold - A Mining/Natural Resource Company with Cash Flow

show Mar 03, 2018

Jerry discusses Energold Drilling Group they provide drilling services in 24 countries and have over 270 rigs. They drill for oil and gas, geotechnical, mining, and water. They are the biggest drilling company in Mexico, and they also drill in Africa and Asia. They have been in business since the late 1990’s. They have diversified away from just mining in 2012. Overall this diversification has helped them avoid problems in the latest downturn in oil & gas. Their company provides the tools and experience to develop resources.

They perform directional drilling for cable companies for infrastructures like fiber optics and communications.

He discusses China’s “One Belt One Road” which is a five-year policy on infrastructure upgrades. China plans to grow the related countries in the Silk Road trade around the China-Russia border. This will be done through massive infrastructure upgrades including new highways, bridges, power lines and other related...

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Episode 31: Jeremy Roll - A Seasoned Passive Income Investor

show Feb 26, 2018

Jeremy is a real estate investor he left the corporate sector in 2007. That is when he moved out of the stock markets and into cash flow investments. Back then it wasn’t easy to find opportunities in real estate since most investments were private. To help investors, he co-founded FIBI (For Investors By Investors) a non-profit organization to network with like-minded investors. Since 2007, they have grown and now have several chapters throughout Southern California. Their core foundation is not in selling anything but simply focusing on educating in various aspects of real estate.

He studies the markets and keeps up to date on economic data. He feels that there will be decent GDP growth in the first two quarters of the year but that this may taper off toward the end of the year. The second half of the year may result in profits going back into corporations pockets and optimism may wane. The US Treasury yield curve may flatten before the next recession. However, the amount of...

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Episode 30: Rick Rule – The Contrarian Investor

investing show Feb 23, 2018

Rick discusses how Sprott is a Canadian company that manages 11 billion in assets. They focus exclusively on natural resource investments. He has been in the business for forty years and experienced four market cycles.

The resource business is very cyclical, and you have to be a contrarian investor if you are in this space. The recent bear market has been spectacular in which prices fell on average by sixty percent. The resource index for equities declined by 88%. We are currently coming out of that bear market.

The more risk you take, the more reward you can gain, but you have to put there time and effort into it. Early bull market gains can be obtained by just buying the best companies. There is a difference between investment and speculation, and you need to figure out where you are as an investor.

You should invest in yourself before you invest in markets. You should start by reading the intelligent investor by Ben Graham, and Rick feels its the best investment book he has...

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Episode 29: Adrian Day - Natural Resources - The Asset Class on Sale

show Feb 19, 2018

Adrian is President & CEO of Adrian Day Asset Management they personalize their investor’s holdings to meet their clients underlying needs. Different clients have different stocks with their firm, and for that reason, the performance will be different. They manage accounts globally and hold equities from around the world. They also invest in smaller market cap companies but are very careful with their due diligence.

Many gold mining companies have written off billions of dollars in assets that were purchased at high prices. There are exceptions like Franco Nevada who held onto their funds and did a buying spree when prices were low. Many companies don’t work with the underlying financial cycles. There seems to be a direct correlation between management payroll and assets being written off.

He discusses the various bad decisions that mining companies have been making. Decisions like buying assets when prices are high, dilution of shares and overpaying management....

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Episode 28: Collin Kettell - Moments with Collin from Palisade's At Jekyll Island

show Feb 16, 2018

Collin is a founder of Palisade Global Investments Ltd. a company that is focused on the junior mining sector. He explains that junior miners are similar in many ways to new technology companies. Some of them become very successful in making new discoveries however many will fail. Larger mining companies need to replenish their in the ground assets and they often accomplish this by purchasing these smaller companies after they make discoveries.

Currently, nearly every asset class in the world is at all-time highs. The only sector that is relatively depressed is the resource sector. This is the kind of sector where you can and should buy whenever prices are low.

They try to identify and understand what commodities will soon be in demand and then gain exposure to companies that will benefit greatly from these coming higher prices. Commodities that are interesting right now include the battery metals like cobalt, lithium, and nickel. These battery metals are used by electric vehicles...

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Episode 27: Buck Joffrey - Making Money In Life Insurance

show Feb 12, 2018

Buck Joffrey is a medical doctor, asset manager, and podcaster. He defines wealth as the freedom to do what you want with your time. His show is another tool that can help you create multiple streams of income that do not involve trading more of your time.

He is a surgeon of neurosurgery, plastic surgery, and head/neck surgery until he retired from the field at 42. He started a podcast to teach highly educated professionals that are missing out on the means to capitalize on real wealth. There is a clear lack of education in this area.

His podcast is an informational one and is focused on Accredited Investors. They discuss opportunities in tax mitigation and asset classes. His background is in entrepreneurship, and he says that while this is not for everyone there can be tremendous advantages. Moving to the passive side of the cash-flow quadrant by becoming a business investor can really bring benefits.

He has recently become involved with “life settlements” which is a...

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Episode 26: Marcus New - Investing in Tax Efficient Private Equity with InvestX

show Feb 09, 2018

Marcus New is the CEO of InvestX which allows accredited investors to participate in the late-stage of private businesses like Spotify, Dropbox, and Uber. One of the significant challenges is how does one get in on an IPO and more importantly can you invest early in a technology company. They typically invest in these companies three years before there initial IPO. They look for companies with growth, high revenue, and a global footprint. They can be in medical information, big data security, cloud computing and many others in the technology sector.

They have launched two funds one in Canada and the other in the United States. The fund is set for four years, and they typically make investments in 10 to 15 different companies in the first year. They then redistribute the profits back to investors over the years two through four. This structure gives investors a speedy return from these private growth equity investments. InvestX structures their Funds with Tax Efficiency in mind for...

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Episode 25: Gaining Knowledge Rapidly in any Industry or Asset Class

show Feb 05, 2018

So many people inquire how I am able to learn about an industry/asset class. One way is by attending the leading industry conferences. The dominate conference is that of Cambridge House International lead by Jay Martin. Therefore, while in Vancouver I was able to spend time with Jay to let him share more about his company and how you can benefit.

Jay discusses how the Cambridge House company got started as the Diamond Investment Conference in 1993 by his father Joe Martin. He took over the reins from his father in 2010 and expanded the business during the Bear Market. His team works very hard to make things work in one of the worst markets. Their operation is very lean and efficient.

This year they have 333 booths and companies in attendance at the Vancouver Conference. Today they have three different mining and investment conferences each year with one in San Francisco. They have technology conferences as well in Vancouver and Toronto.

He describes the unique challenges in taking...

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Episode 23: The Lancaster Men – Successful Investing like the Amish/Mennonite

show Jan 29, 2018

Gena introduces three amazing men from Lancaster, Pa. They are Peter Zook, Marcus Zook, and Matt Byler. They are all investors in several asset classes and successfully run businesses.

Peter is in the storage and garage manufacturing business, and he works with his four brothers and his father. They each have different roles in the company and various investing strategies. He works in the dispatching and permits side of the business where he coordinates with customers. As an investor, he invests in real estate and junior mining.

Mark works in the office with the family. His primary source of income is from the business. He takes that money and invests in real estate for the tax benefits. He likes the junior mining space as the real estate market is pretty hot. He is also excited about the crypto space.

Matt grew up Amish on a dairy farm; he points out that he only has an eighth-grade education. He now has a trucking business and delivers the types of buildings that the Zook...

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Episode 22: Eric Tait – Financial Freedom Thru Accredited Investing

show Jan 26, 2018

Eric is a physician and is invested in real estate, thru hotels, small apartments, and single-family homes. He is also the founder and fund manager of Vernonville Asset Management. He wanted to diversify his income beyond the stock market. He looks for market problems with which to offer opportunities through teams of competent people. He feels diversifying across asset classes, and geography is essential.

Mr. Tait discusses accredited investing which he learned about from the Rich Dads Guide To Investing. You have to understand these financial terms, risks, and concepts to find where the best deals are located.

Historically doctors are taxed quite high, and most are now employed and thus have no deductions. You end up giving half your salary to the government. He helps people figure out solutions to this issue through LLC’s etc. LLC’s let you move to the right side of the quadrant as investors. There are many tax benefits in this area.

He says, “From day one I...

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