• EP3: $5K Investment Turned $320K Profit? Fernando Prieto’s Shocking Strategy Revealed!

  • Nov 3 2024
  • Length: 41 mins
  • Podcast

EP3: $5K Investment Turned $320K Profit? Fernando Prieto’s Shocking Strategy Revealed!

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  • Summary

  • In this episode, I am joined by Fernando Prieto, principal of Solid Partners and Advisors. Fernando shares how he turned a $5,000 investment into a $320,000 profit through property and built an $8.5 million portfolio. We discuss financial decision-making, common mistakes for self-employed individuals, and navigating property development. Fernando also reflects on balancing wealth with giving back, health, and family.


    Episode Highlights:

    00:00:00 - Episode trailer

    00:00:55 - Introduction of Fernando and his background

    00:03:10 - Career journey and starting Solid Partners

    00:07:54 - $8.5M property investment journey

    00:09:31 - First challenge clients encounter in property investment

    00:10:40 - Lessons learned from a first time client

    00:11:49 - Why people hesitate in property investment

    00:15:21 - How a $5k kickstarted Fernando’s real estate journey

    00:21:16 - Common financial mistakes self-employed people make

    00:24:28 - Financial advice for young investors

    00:29:31 - Final thoughts on negative-gearing

    00:34:23 - Top 5 Rapid fire questions


    About my guest:

    Fernando Prieto is the Director and Principal of Solid Partners Accountants and Advisors Pty Ltd. His role is to act as a gateway between his clients and them receiving excellence in accounting and taxations services. With over a decade worth of experience at mid-tier and boutique accountancy firms, Fernando has developed a strong comprehension in complex tax matters. Assisting clients navigate the ever increasing complexities of the Australian taxation system, ensuring compliance and implementing tax effective strategies.


    Find out more about Fernando

    Website: https://solidpartners.com.au/

    Instagram: https://www.instagram.com/solidpartnersaus/


    Watch full video and subscribe to my YouTube channel

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