Fri, 17 November 2017
Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.
[2:33] Compound interest can be a powerful tool against inflation.
[8:15] Engineers take an analytical approach to investing.
[10:25] After 18 years, $100,000 grow to 14 million.
[17:46] Jason explains a Deferred Sales Trust.
[21:42] If you are on the fence about investing talk with an investment counselor.
[32:36] Asset Protection is a complicated subject you should speak with a lawyer about.
[42:01] Resources for tax help.
"Opportunity cost is a cost most people don’t evaluate."
"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."