Heroic Investing Show

Gary Pinkerton warms up the episode for Jason Hartman, introducing the fact that there are 30 fatal mistakes that investors make that kill their profits. Jason lays out the first 18 in this episode, and Gary will wrap up the remaining 12 in the next. So how are investors hurting themselves? 1. Investors won't get out of their own way. 2. They get Paralysis of Analysis 3. Over-magnifying bad experi...

Investing can be tricky business, and while it's possible to navigate it all yourself, getting help from those who've done it before can get you ahead faster than anything else. Gary Pinkerton and Brandon Cook are involved in Jason Hartman's Venture Alliance Mastermind, and the two discuss what they've learned from their time in masterminds, and why everyone should get involved in one. Key Takeawa...

Gary Pinkerton starts off today's episode talking about self-managing properties, and whether it's the right idea for where you are in your life. After he wraps up, Jason Hartman takes over and goes over firing your property manager, as well as some buy and hold investing strategy. Jason's guest, Steve Dexter, wrote the book Real Estate Debt Can Make You Rich and Buy & Hold Forever: How to Build W...

The VA loan has a whole lot of myths attached to it. Gary Pinkerton takes a look at the most common ones and examines whether they hold up or not. Then, Gary talks to a veteran, and friend, Clayton about his experience with VA loans, as well as ways he's used OPM (other people's money) to buy his properties. Key Takeaways: [2:04] Are you eligible for a VA loan? [6:14] How much down payment money y...

Jason Hartman's Meet the Masters event is coming up in January 2018, and it's an event that currently doesn't cost much money but can alter your investment strategy significantly. Real estate experts from around the country get together to give their thoughts, properties are bought and sold, and everyone has a chance to rub elbows with some savvy investors who want to better themselves. Gary Pinke...

Gary Pinkerton opens up the show talking about the importance of blocking out the bad and dramatically changing your life by training your thoughts. Then, Jason Hartman talks with T Harv Eker about his work Secrets of the Millionaire Mind, which reveals the missing link between wanting success and achieving it. Have you ever wondered why some people seem to get rich easily, while others are destin...

When Gary saw his net worth decline by 50% in the late 2000s, he knew he needed to take a different track if he was going to retire successfully. His pension after 26 years in the military is pretty safe, but many first responders for cities and states aren't nearly as secure. What can first responders do to protect themselves from market downturns and pension cuts? Jason welcomes Nick Giambruno t...

Gary Pinkerton is joined by military real estate investor Brandon Cook. Brandon started buying real estate at a young age while, including closing on a home while he was deployed. The two discuss the importance of your mindset, being area agnostic, and how to save for your next property. Key Takeaways: [2:05] Gary's gratitude journal routine that's improved his life Brandon Cook Interview: [8:24]...

Unlike stocks, bonds, mutual funds or commodities such as precious metals like gold and silver – real estate is a multi-dimensional asset class. The multi-dimensional nature of income property makes it extremely profitable in changing ways based on varying market conditions. This is a wonderful thing because investors can profit even seemingly "bad" markets. For example, when financing becomes exp...

Aaron Chapman is a mortgage broker in his day job, but he also is a first responder who does search and rescue in Arizona. Before he became a first responder, he had a near death experience that sent him down the path he's on now. Listen in as Gary and Aaron talk about his journey, one of Aaron's most treacherous rescues, and what his philosophy is that helps him get through everything in life. Ke...

Gary Pinkerton starts off the show with a description of the hope he has for America. How we need to look at the history of nations around us and decide how we want our future to look. Are we going to continue down the route to socialism, or are we going to grab the reins and lead ourselves in a new direction? Then, Jason interviews his early mentor Dr. Denis Waitley on "The Psychology of Winning....

We just observed the 16 year anniversary of the horrible attacks of 9/11, and the nation is still recovering. One of the ways we're doing that is through events such as the Stephen Siller Tunnel to Towers Run. The event raises money for families of fallen first responders, as well as money to build smart homes for catastrophically injured American service members. Gary Pinkerton, a US military vet...

Remember phishing? Now there’s smishing, a new kind of electronic identity theft targeting uses of smartphones and tablets. But although the venue may be new, these scammers are simply adapting the same old tried and true tactics that con artists used to use on the telephone. In those old days, people would get phone calls from someone claiming to be a representative of their bank or credit card c...

How did the FBI end up with over $3 million in Bitcoins? How did the virtual currency become the medium of choice for transactions on the cybernarcotics site Silk Road? And more important, perhaps – why should we care? The saga of the world’s first digital money continues with the Bitcoin’s first known foray into the world of online crime. Not long ago, the FBI arrested the alleged owner of Silk R...

Lists of retirement “myths” – erroneous beliefs about planning for retirement – pop up fairly regularly in financial news. Though each list offers a different number of myths to worry about – five, seven or even ten or more – the goal is the same: to increase awareness about the pitfalls of poor– or nonexistent – retirement planning because of assumptions that just may not turn out to be true: fai...

Even though the stock market has recovered a bit of late, middle class investors have shown a reluctance to re-enter Wall Street’s less-than-loving embrace. Gone are those high-flying days when stocks, bonds, and mutual funds were considered the keys to a financially solvent retirement, replaced with, what exactly? Nothing yet, it seems, but we at Heroic Investing think you’d be smart to consider...

Viral marketing is not just for high falutin’ internet marketers and techno-geeks any more. The continuing development of Web 2.0 with social media websites like Facebook, Twitter, YouTube, MySpace, and a hundred dozen others brings the power of conveying your message within reach of every human being with a burning desire to connect. The term viral marketing is casually thrown around to describe...

There’s apparently an old say that goes like this, “If you are what you do, and you don’t, then you AIN’T!” Many first responders facing the prospect of retirement from a fulfilling, adrenalized life’s work know what we’re talking about. After retirement, then what? Break out the fishing pole and count the day’s until you die? On the opposite side of that contemplation would be the prospect of hav...

Due to the incredibly stressful demands of the job, the average policeman, fireman, or emergency worker can expect to be eligible for retirement sooner than their peers in other lines of employment. This particular perk can sometimes turn into a Catch-22 situation for those who haven’t prepared themselves for financial independence and and a longer stay in the golden years. What we hope you realiz...

Interest rates for typical mortgages are hovering around 4 percent – but potential homebuyers aren’t biting. Overall, applications for both refinancing and home mortgages are down by 48 percent this year, according to a new CNBC report – and market watchers are wondering what that could mean for the health of the housing industry. The Federal Reserve has now “tapered down’ its massive Qualitative...

Living the busy and often chaotic lifestyle of a first responder is a recipe for estate planning neglect. And to those without experience in this particular area of finance, it’s sometimes easier to turn a blind eye than get educated about exactly which documents you need to save your heirs a lot of heartache and potential squabbling. Bad idea. Don’t make them guess what you want. Tell them! Accor...

Those who have devoted their lives to the service of others – first responders – have traditionally enjoyed a strong work union and, if not lucrative, at least comfortable pension. These days, we’d hate to be the ones betting on that to continue. Government funding at any level seems perilous at best. With the pool of payees rising and payors dwindling, no one really knows how programs like Social...

It used to be that pensions for police, fire, and other emergency service careers were based upon receiving a certain percentage of your highest salary of the last ten years of employment – or some permutation of that. Those were the good old days. New retirees hope to build wealth lies in the whims and vagaries of the stock market, which is where many fund managers plow your future pension, hopin...

First responders and emergency workers have a long tradition in America. Unfortunately for them financially, that tradition often includes a devotion to invest in the stock market, sometimes for no better reason than that’s the way the family has always done it. That viewpoint is understandable but not a very good reason – especially when there is another way to invest that works. Really works! Th...

There are two main reasons we believe income property investing is the best path to financial success available for your dollar. First, and perhaps the most telling, is personal experience. We’ve been doing this for more than two decades and it’s worked quite well for us personally. Secondly, history is on the side of the property owner, especially the income property owner. It’s created more weal...