September 28, 2023

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

Some investments make more sense than others That’s what today’s guest in this SERIES HIGHLIGHT episode of The Going Long Podcast has been sharing with people for years. @Dmitriy Fomichenko, Founder of @Sense Financial helps to educate us on a few of the different investment vehicles making a positive impact.
Billy Keels
CEO and Founder FGCP

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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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Episode Transcript

Billy Keels
Strategic Advisor, Entrepreneur, and Investor
Billy is on a mission to share a roadmap and opportunities with other extremely busy, high-performing professionals on how to find freedom and live the life they desire. Listen in to learn how!
Guest speaker
Dmitriy Fomichenko
Husband, father, entrepreneur, private lender and real estate investor, Dmitriy is the founder and president of Sense Financial Services LLC, boutique financial firm specializing in self-directed retirement accounts with checkbook control. He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Over the years, he has instructed hundreds of investment and financial planning seminars and has mentored thousands of investors.

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