Jing Pan
6 min read
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Vince Vaughn made a name for himself in Hollywood by starring in some of the biggest comedies of the 2000s. But instead of squandering his success, Vaughn took a different path: protecting his earnings through smart investments.
“I was fortunate to make money at my profession, and I didn't want to lose it,” he explained in an interview with business coach JT Foxx.
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Unlike many of his colleagues, Vaughn took an active interest in managing his finances, noting, “There were so many actors I knew who were intimidated and didn't deal with it.”
Vaughn took the initiative, making his first major investment in gold.
“So I thought, I want tangible assets. First, I bought some gold, but there's no passive income off of it,” he recalled.
Gold is indeed a tangible asset — and a well-known hedge against inflation. The reason is simple: unlike fiat currencies, the precious metal can’t be printed in unlimited quantities by central banks.
However, as Vaughn discovered, gold doesn’t generate income on its own.
To create that steady income stream he was after, Vaughn turned to real estate.
“So I just started to buy some small buildings that I could rent out,” he said. “And I knew that the buildings would go up in price [and] I'd have some money coming in passively from it.”
By purchasing small rental buildings, Vaughn tapped into two powerful advantages of real estate: passive income and the potential for appreciation.
As tenants pay rent, he collects income that doesn’t require daily work. Plus, because property values and rental income tend to rise alongside the cost of living, real estate serves as a reliable hedge against inflation.
After his initial foray into real estate, Vaughn expanded his portfolio. He began “buying a bunch of farms” and acquired properties in Florida, targeting “areas that were getting nicer.”
Looking back, Vaughn emphasizes the importance of continuously building knowledge and learning from each investment. “I think the more you spend time on it and get a feeling for what you think is doing well, you get better each year,” he remarked.
