011 – Alternative Investments

* These notes contain referral links donated by an asterisk.

In this episode, the FI Garage discusses alternative investment choices: what we’re experimenting with and what our thoughts are. We sample a few new beers as usual too. If you found this podcast you’re probably familiar with the FI/RE movement that has grown in popularity recently. Here at the FI Garage, we’re all on the path to FI, however, we consider the RE part optional.

Beer #1 – Heritage River Hefeweizen  – Brewed & Bottled in Duncan, BC by Red Arrow Brewing (1:15)

  • Vancouver Island Moustache Meetup (1:30)

Housekeeping

  • Neil from Balancing Fire corrects our dividend calculations on BNS, see dividend investing show notes for correction (7:20)
  • Brewing Fire has an article about CoastFIRE that relates to last weeks episode [9:10)

Interesting Article

Work remotely? Tulsa, Oklahoma wants you (and your laptop) to move (10:25)

Alternative Investments

  • Cryptocurrency and why we don’t like it as an investment (15:05)
  • Art and Collectables as an investment (20:50)
  • Goldcoin (23:13)
  • Crowd-Sourced Investments (24:45)
  • Alternative investment should really only be made with “play” money (33:10)
  • The Mechanic tries to rebrand as a “financial scientist” (34:05)
  • We find out the Mechanic invested $500 of garage capital in IMBYX (38:25)
  • Roomie – the AirBnb for roommates (43:15)
  • Investing in Entrepreneurial activities (48:50)
  • The Mechanic and Economist discuss their visit to Munich (50:00)
  • Co-power Green Bonds (52:25)
  • Funding a 2nd mortgage (57:50)

Beer #2 – Hefe-Weibier – Brewed & Bottled in Munich, Germany by Paulaner (49:35)

Deep Dive – Lending Loop Portfolio Performance

  • 88.6% in good standing
  • 1.5% within the grace period
  • 3% late
  • 5.5% Delinquent
  • 1.5% in default
  • $0 charged off
  • Weighted average gross yield 14.6%

Reading List

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