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Going Long Podcast with Billy Keels

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  2. SERIES HIGHLIGHT: How Having The Right Sense Can Go a Long Way in Your Investing Journey - Dmitriy Fomichenko

SERIES HIGHLIGHT: How Having The Right Sense Can Go a Long Way in Your Investing Journey - Dmitriy Fomichenko

Sep 27, 2023

Going Long Podcast SERIES HIGHLIGHT Episode 355: How Having The Right Sense Can Go a Long Way in Your Investing Journey

( To see the Video Version of today’s conversation just CLICK HERE. )

In the conversation with today’s guest, Dmitriy Fomichenko, you’ll learn the following:

 

  • [00:30 - 03:23] Show introduction with comments from Billy.
  • [03:23 - 07:22] Guest introduction and first questions.
  • [07:22 - 17:12] The backstory and decisions made that led Dmitriy to this point in his journey.
  • [17:12 - 24:41] How Dmitriy’s company Sense Financial is helping people with different qualified plans today.
  • [24:41 - 27:57] Some of the responsibilities you should be aware of when investing with Self Directed I.R.A.s.
  • [27:57 - 30:59] Dmitiry explains how you can know the differences between various Qualified Plans and Self Directed I.R.A.s so that you can know what is best for you. 
  • [30:59 - 35:30] Some of the investments and transactions that you can and can’t make with a Self Directed I.R.A.
  • [35:30 - 38:06] How leverage or using a loan can impact your ability to invest in something. 

 

Here’s what Dmitriy shared with us during today’s conversation: 

 

  • Where in the world Dmitriy is currently: South California.
  • The most positive thing to happen in the past 24 hours: Waking up and realising that every breath is a gift from God!
  • Favourite city in Europe: Riga, Latvia.
  • A mistake that Dmitriy would like you to learn from so that you don’t have to pay full price: Learn the difference between investing and speculation! 
  • Book Recommendation: Cashflow Quadrant, by Robert Kiyosaki. https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054 

 

Be sure to reach out and connect with Dmitriy Fomichenko by using the info below:  

 

 

 

To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI  

 

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