February 16, 2023

S3E12 - Dave Wolcott - How to reduce taxes by 100% through private equity investing

42 minutes

Dave Wolcott - How to reduce taxes by 100% through private equity investing.

My next guest started his career by serving the US as a Captain in the Marine Corps. In 2000 he and his wife brought triplets into the world which inspired him to challenge traditional financial planning advice. Today, he is an author, podcast host, and the Founder and CEO of Pantheon Investments, a private equity firm that helps investors create passive income and save money on taxes through investments in real estate and alternative assets. Please welcome Dave Wolcott.

Key Timecodes

(00:46) - Show intro and background history.

(02:02) - Deeper into his background and business model

(06:10) - Understanding his oil and gas investment model

(07:24) - The expected returns of this oil and gas fund

(08:14) - What is the minimum investment to get into this business model?

(08:33) - What other types of assets does he invest in to diversify

(12:45) - Deeper into his investing strategies

(14:24) - Understanding his philosophy considering Maslow's hierarchy of needs

(16:20) - More about the returns at his model

(17:16) - A bit about his real estate strategies

(18:44) - The importance of creating a residual recurrent cash flow

(22:50) - Where are his properties located?

(23:58) - What classes of real estate does he invest in

(26:17) - What are his thoughts about risk

(28:07) - How big is his team

(30:01) - The importance of having a positive mindset to succeed as an investor or entrepreneur

(32:39) - His thoughts on a big mistake he made

(33:59) - A key takeaway that the audience can apply today

(40:00) - The worst advice he ever received

(40:16) - The best advice he ever received

(41:24) - Guest contacts

Payback Time Podcast

Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

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