S2E50 - Logan Leckie - Selling a portfolio to bet on himself

Logan Leckie Should you diversify or go all-in on one investment? My next guest has a passion for FIRE (Financial Independence Retire Early) and decided to create an app that show’s others how they can also achieve financial independence. In this episode, we talk about his investing journey, the pros and cons of going all-in on one thing, and how he plans to see a big return on his investment. Please welcome Logan Leckie. Key Timecodes (00:59) - Background history (02:44) - When did he get started in the world of stocks? (04:07) - The specific stocks that he still holds today (05:13) - When did he decide to change his investing strategy? (07:06) - What he looks for when investing in ETFs (08:54) - His ETFs strategies (13:21) - The importance of creating passive income (15:36) - His businesses before the Topia app (13:29) - The Topia app and business model (27:07) - A  look into the Topia app and his business model (30:38) - How many users does the platform have now? (31:03) - His marketing strategies (32:13) - How big is the Topia team at the moment? (33:28) - Does the company have partners or investors? (36:53) - The worst business or investment advice he ever received (37:23) - The best business or investment advice he ever received (38:34) - How long did he validate his ideas before starting a project? (43:41) - Guest contacts Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.