In today’s episode of The Art of Passive Income, Mark and Scott welcome special guest and founder of Aspen Funds, Bob Fraser, to the show.
Bob Fraser began as a computer scientist from Berkeley who started a successful e-commerce dot-com in the 90s and later began a hedge fund. After encountering several roadblocks over the years, such as losing his dot-com business and the crash of 2008, he started his search for something new.
After personally experiencing the volatility of the stock market and seeing investors take large losses with portfolios, Bob and his partner Jim were determined to design an investment fund that would provide excellent investor returns without being so dependent on the economic cycles. They did so by finding a niche in one of the most overlooked areas in real estate investing, mortgage notes.
Listen in as they discuss:
TIP OF THE WEEK:
Mark: My tip of the week is go to AspenFunds.us, and learn more how you can invest money and make 8 1/2% on real estate investments.
Scott: Check out this book The Daily Stoic by Ryan Holiday; 366 meditation on wisdom reservation and art of living on Amazon.
Bob: I use this tool Microsoft: Power BI; it basically lets you create a data dash-board for any data: finance, spreadsheet data, and many more. It's free when you get started.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?