April 28, 2020
In this episode, Michael talks with former Irish Rugby International Jamie Heaslip. Jamie provides insights into what hes doing after rugby, but we also talk about the processing of success when playing rugby.
Jamie talks about how he manages his investments, knowing that his rugby career was going to finish in his 30s.
He talks about how he looks to create wealth, through investing in assets
We talk about how Jamie is dealing with the COVID 19 crisis, based on how he dealt with the highs and lows on the rugby field.
We talk about the process of beating the All Blacks in 2016 - and how the Irish were able to work backwards to work out a plan to beat the All Blacks.
We talk about what success means to Jamie and how he goes about the process of achieving success.
We talk about his involvement with Flender and how he sees the future of the P2P Industry in Ireland and the future of Flender.
Quotes from the episode:
"To create financial wealth, you need to own something"
"Don't stick your head in the sand.... address things straight on."
"Hard work beats talent a lot of the times"
"People are very quick to pass over wins.... you need to get comfortable not being able to control everything"
Follow Jamie on social media:
https://twitter.com/jamieheaslip
https://www.instagram.com/jamieheaslip
Sign up to Flender & Get behind Irish Business:
https://bit.ly/2xgAVeR
March 31, 2020
In this episode, Michael looks into the history of money and how the economy works.
Mentions in the episode:
- Coming off the gold standard
- Fractional banking system
- Understanding why central banks are printing money
- Understanding that most of the money in our society is actually debt, not physical cash.
He talks about how he is trying to leverage debt and is actively looking for new deals to generate income by leveraging debt, particularly with his new venture Forestry Crowd.
Show Notes:
How the Economic Machine Works - Ray Dalio
https://www.youtube.com/watch?v=PHe0bXAIuk0
The History of Money:
https://www.youtube.com/watch?v=2nBPN-MKefA
Interested in learning about Forestry Crowd, visit:
https://www.forestrycrowd.com
March 17, 2020
In this episode, Michael gives an update on life in Ireland since the Coronavirus outbreak. He mentions how he is taking new opportunities with the change of market conditions and what changes he has made since the Coronavirus.
Michael talks about his edge that has allowed him to work 12 hours per week - he mentions that people who are on an FI journey typically find an edge that allows them either to make extra money or give themselves extra time (or both).
He reveals his own edge and how he was able to adapt to make more money from his edge.
Finally, Michael reveals a final thought on the current market crash and why it isn't always as easy to buy when there are so many great bargains out there!
Become a FIRE podcast member for free at:
https://www.firepodcast.ie
February 17, 2020
In this episode, Michael talks about how he might just be a bad investor! In the last two years, he has been involved in so many investment scams, that he is now looking at ways to change direction when it comes to investing.
He talks about his own definition of what financial independence is for him and announces his new investment plan going forward - as well as a new organisation he is establishing.
Show Notes
Link to An Dulra - https://www.andulra.ie
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February 3, 2020
In this episode, Michael shares the story of the Envestio scam, which he unfortunately got caught up in.
He also shares some feedback from the last episode, and gives his advise on how best one should plan their investment portfolio, based on his experience with Envestio.
Show Notes
Become a member (free registration)
https://www.firepodcast.ie/register
January 20, 2020
In this episode, Michael shares the story of the day he lost €6,000, caused from being over leveraged in his trading account.
The story details how he reacts to some huge mistakes he made when trading the markets and the lessons that he learned from losing such a large amount of money in a short space of time.
Show Notes
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