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, have grown to include military and civilians alike.
Here’s what we discuss:
- A debt of gratitude
- Freedom is not free
- A veteran in Paris
- D-Day in Normandy, 1944
Military travel:
- David’s favorite country to visit
- Seeing the sunrise at Mt. Fuji
- His best memories of his military experience so far
- He talks about his sense of purpose
- Why he wanted to go back to Afghanistan
Big Questions:
- First investment everyone should make
- Detaching yourself from emotions
- Our media playing on emotions & fear
- The Serenity Prayer
- Solitude in the military
- David’s “Why” & Vision Board
- His 25-day mistake
- Learning to determine what you can/can’t control
- The similarities between Afghans & Americans
- Controlling his time & creating more time with family
Investing & Personal Finance
- Developing a high aptitude for risk-taking
- Risks you should take at a young age
- Learning to take more calculated risk
- Buy & hold real estate vs. buying flips
- Does he advocate for long-distance real estate investing?
- Buying a house as a kid’s college fund
Fun 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?
Listen Here:
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