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Andrew Keene

๐Ÿ‘ค Speaker
235 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So maybe it's a year or two, three, five years down the road.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

But once you have the unit, you can either do a long term rental, which you're not going to get that, you know, return on investment of 35% a year.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

You're just going to cover your mortgage costs.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

Yeah, you'll get maybe, you'll make a little bit, or also you can do is you can just sell the unit.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So there are always risks involved.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And I'm not saying that, I made a lot of money on the trade for trading, and I'm not saying I'm gonna take 100% of my capital that I made trading and do this, but I think as a percentage of my total net worth, it's totally doable thing.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

Me?

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I think my trading account was probably around like $5 million.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I've made trading.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

So, I mean, when I, when I first started trading, um, I was, I was backed by a boat of capital management and, uh, they put up $250,000 for me to trade.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

Eventually it became better and better.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I graduated from school.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I went through a clerk to trade program.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

I graduated from the University of Illinois, Champaign Urbana.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

They put you through a clerk to trade program.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

They teach you how to trade about nine months to a year, make like two grand a month.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And then hopefully you get the opportunity to trade.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

And then they back you with their money because they're going to upcharge your commissions.

SaaS Interviews with CEOs, Startups, Founders
EP 502: 30% Annual Yield AirBNB Investing with Andrew Keene

They're going to also, you know, take a percentage of the profit.