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How a cop retired early thanks to financial education, a side hustle & passive investing with Pete Galopoulos

How a cop retired early thanks to financial education, a side hustle & passive investing with Pete Galopoulos

First Responders Wealth Network Real Estate Investing Podcast · 911WealthNetwork.com

February 22, 202124m 31s

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Show Notes

"Formal education will make you a living; self-education will make you a fortune." - Jim Rohn

In this episode with Pete Galopoulos, we talk about the importance of financial literacy, and his process on how he became financially free after a decade in policing.

Key Take-aways:

  • What is Passive investing and how can it multiply your annual cashflow
  • Investing Passively VS Actively
  • Saving and Buying Real Estate
  • Private Lending
  • Private mortgages and what it looks like
  • Lending money secured by real estate
  • Importance of due diligence
  • Pension plans: knowing pension providers and how it works
  • Diversifying what you own through different strategies

Books:

Rich Dad, Poor Dad

Total Money Makeover

Simple Wealth, Inevitable Wealth