Cover art for podcast The Military Millionaire Podcast

The Military Millionaire Podcast

194 EpisodesProduced by David PereWebsite

Our goal is to teach service members, and the working class how to build wealth, and invest in real estate so that you can achieve financial freedom and live the life you've always dreamed of!

1:14:30

Three Real Estate Professionals Catching up on Life and Business Struggles and Victories with Paul David Thompson

Episode: 157

Paul David Thompson

Join your host David Pere and Alex Felice in this episode with guest Paul David Thompson as they do a casual episode about real estate and everything else under the sun regarding how people behave when investing their money today.

When the internet was explored, Paul was idle and didn't really participate. But after seeing how entrepreneurs took advantage of market crashes and rises, Paul learned that one must always have the entrepreneurial spirit for every moment. It's a way to become a sophisticated investor who knows how to ride the tides and really win in the long run. 

In this episode, Paul, David, and Alex go over Warren Buffet's most golden principles when assessing markets, the probable future of cryptocurrency and the blockchain, the genius of Nasim Taleb, the two things that cause the most financial calamities, the power and the problem of the internet, and so much more.

About Paul David Thompson:

Paul guided numerous beginners through the process of doing their first real estate deal. He works with investors from California to New Zealand. The best part of Paul's life is helping others build extra sources of income so they can lead a life of their design.

Paul wants to help people design an investment strategy that fits their needs. He uses multiple approaches when working together with someone so his client can take control of their investments, reduce taxes, accelerate debt paydown, and level up their investing game.

Outline of the episode:

  • [03:43] Paul David Thompson – I'm off the hamster wheel
  • [06:00] You make money in the down markets and not at the top of the market
  • [12:05] Spend time on the things you like/love/enjoy doing
  • [17:08] The deployment of blockchain actually has to be centralized
  • [23:45] Always have the entrepreneurial spirit to assess every opportunity
  • [31:05] When you get into more sophisticated deals, you find more sophisticated operators
  • [36:02] Wow! Tiktok is powerful!
  • [43:52] The reason why Taleb's Antifragile is genius
  • [49:41] Debt, inflation, and calamities
  • [55:47] On choosing cryptocurrencies based on values
  • [01:01:46] The internet is experiencing a mass confirmation bias

 

Resources:

Website:              https://www.pauldavidthompson.com/

 

This Time Is Different: Eight Centuries of Financial Folly, Book by Carmen M. Reinhart:

https://www.amazon.com/This-Time-Different-Centuries-Financial/dp/0691152640

 

The Demon-Haunted World: Science as a Candle in the Dark, Book by Carl Sagan:

https://www.amazon.com/Demon-Haunted-World-Science-Candle-Dark/dp/0345409469

 

Antifragile: Things That Gain from Disorder, Book by Nassim Nicholas Taleb:

https://www.amazon.com/Antifragile-Things-That-Disorder-Incerto/dp/0812979680

 

Follow The Military Millionaire Podcast's journey on:

 

Website:              https://www.frommilitarytomillionaire.com/

YouTube:             https://www.youtube.com/c/Frommilitarytomillionaire/

Facebook:           https://www.facebook.com/groups/1735593999901619/

Instagram:          https://www.instagram.com/frommilitarytomillionaire/

 

Become A War Room Mastermind Group Member:

https://military-millionaire-academy.teachable.com/p/the-war-room

 

Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness, Book by David Pere:

https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010

 

Zero to One: Real Estate Investing for Beginners:

https://military-millionaire-academy.teachable.com/p/from-zero-to-one-real-estate-investing-101

 

Grab hold of your 2-Week FREE Trial of Propstream Now:

https://trial.propstreampro.com/militarytomillionaire/

 

Sponsor:

-

Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei

Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/

Become an investor: https://www.frommilitarytomillionaire.com/investor/

-

SUBSCRIBE: https://bit.ly/2Q3EvfE

-

Website: https://www.frommilitarytomillionaire.com/start-here/

Instagram: https://www.instagram.com/frommilitarytomillionaire/

Facebook: https://www.facebook.com/groups/militarymillionaire/

-

My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.

Educational emoji reaction

Educational

Interesting emoji reaction

Interesting

Funny emoji reaction

Funny

Agree emoji reaction

Agree

Love emoji reaction

Love

Wow emoji reaction

Wow

Listen to The Military Millionaire Podcast

RadioPublic

A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed
http://militarymillionaire.podbean.com/feed.xml

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens