EPISODE · Nov 2, 2019 · 1H 7M
The Making of a Military Millionaire with David Peré
from Man Overseas Podcast
David Peré is an active-duty Marine who devotes his free time to teaching service members and veterans how to build wealth through real estate investing, entrepreneurship and personal finance.In today's podcast episode, David shares by what age he plans to become a millionaire, and exactly how he intends to do it. You'll also get a sense of his mindset, discipline and determination. You'll hear why it's not a matter of "if," but when, he will become a FIRE (financial independence retire early) millionaire.His blog FromMilitaryToMillionaire.com and Youtube channel, which were started with service members in mind, has grown to reach a much wider audience.Here's what we discuss:A debt of gratitudeFreedom is not freeA veteran in ParisD-Day in Normandy, 1944Military travel:David's favorite country to visitSeeing the sunrise at Mt. FujiHis best memories of his military experience so farHe talks about his sense of purposeWhy he wanted to go back to AfghanistanBig Questions:First investment everyone should makeDetaching yourself from emotionsOur media playing on emotions & fearThe Serenity PrayerSolitude in the militaryDavid's "Why" & Vision BoardHis 25-day mistakeLearning to determine what you can/can't controlThe similarities between Afghans & AmericansControlling his time & creating more time with familyInvesting & Personal FinanceDeveloping a high aptitude for risk-takingRisks you should take at a young ageLearning to take more calculated riskBuy & hold real estate vs. buying flipsDoes he advocate for long-distance real estate investing?Buying a house as a kid's college fundFun Questions:Is it true there are no atheists in foxholes?Have you even met anyone in the military you suspected had Communist sympathies?What personal finance or real estate book has taught you the most?Do you have a favorite FIRE book?By what age do you think you'll be a millionaire?If someone dropped a million dollars in your lap tomorrow, what would you do with it?What are you most grateful for? I'm grateful that I've had a very purpose-filled life so far . . . and that I've been able to build up this community to start creating another purpose for myself, so that when I get out of the service, I'll still have that sense of purpose." - David Peré, Founder of From Military to Millionaire
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