Podcast 307: Offset Active Income by Investing in Oil & Gas with Dave Wolcott

Dave Wolcott started his career by serving the country 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, Dave is an author, podcast host, and the Founder and CEO of Pantheon Investments and is more passionate than ever about helping entrepreneurs build wealth by passively investing in superior real estate and alternative assets that provide predictable cash flow, tax efficiency, and upside potential as a reliable alternative to the volatility of the stock market.

*DISCLAIMER – We are not giving any financial advice. Please DYOR*

(00:00 – 03:07) Opening Segment

– Dave is introduced as the guest Host
– Dave shares something interesting about himself

(03:07 – 32:16) Offset Active income by investing in oil & gas

– Dave shares his first investment and how it works
– Dave shares how did he start with oil and gas
– He also shares how can someone upset active income with oil and gas
– Also he shares some of the ways you can protect your principles while investing in oil and gas
– Dave shares as well some of the gotchas that investors should be aware of while investing in oil and gas
– He also shares if there’s a way to invest in oil and gas using royalty
– Dave also shares some of the investment ideas which will allow them to ride off texas
– Also he shares his best and worst investment

(32:16 – 34:42) Fire Round

– Dave shares if she would change his investment strategy
– Dave also shares his favorite Finance, real estate book, or any related book
– Also Dave shares about the website and tools that he can recommend
– Dave’s advice to beginner investors
– Also shared how he gives back

(34:42 – 35:47) Closing Segment