119: Guest Interview - Net Worth of 140K - 24-Year-Old Living & Working on a Yacht

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 3 February 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's show features Alex, a 24-year-old who lives and works full time on a yacht. He saves 80-90% of his money as he has few expenses on board. He shares his life and financial story including his desire to be financially independent. He invests primarily in index funds and talks about what he does during the day while working on the yacht, how much the yacht is used, how much it costs to operate, and more. Check out his blog at https://themoneydock.com/.

Transcript

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0:00.0	It's so important to get started young on this sort of stuff and it's it's life changing it really is life changing and I know I know people my age just
0:10.8	Look through you know Instagram and Facebook to try and find the funniest video you
0:14.7	know cat eating lasagna or something but just take a step aside and just read an article on a blog or read a book or listen to a podcast and really try and think
0:25.9	where you're going to be in 10 years and look back and think you know I should
0:29.9	have done that I should have done that just do it now It would be my advice and that's what I say to everybody I meet.
0:37.0	You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and interviews of everyday millionaires.
0:46.0	We'll unveil their decisions, their strategies, and their current portfolio allocation.
0:52.8	Now to your hosts, Clark Sheffield and Jace Matinsen.
0:57.6	All righty, welcome back to another episode of the Millionaires Unveiled
1:00.5	podcast.
1:01.5	This is episode number 119.
1:03.4	Jace, what's going on?
1:04.4	Not a whole lot, man.
1:05.4	What's going on with you?
1:06.4	Nothing really.
1:07.4	You get in there.
1:08.4	You sent me an article the other day.
1:09.6	We went back and forth on it.
1:10.6	It was kind of funny because, what it it was a guy who retired in
1:14.4	was it a holiday in yeah he was just holiday in hopping because it was cheaper to do
1:19.3	that than live in somewhere else I I guess, an alternative.
1:22.8	I didn't read the whole article.
	...

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