4.8 • 872 Ratings
🗓️ 17 February 2020
⏱️ 41 minutes
🧾️ Download transcript
Today's interview features Brian, a pharmacist, with a current net worth of $1.1 million. He is invested mostly in the equity markets with a 401(k), roth, and traditional investment accounts. Brian shares his story of when personal finance and investing became a priority, his history with real estate, plans and financial goals for the future, and his experience dealing with two different financial advisers.
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0:00.0 | I was really worried about being out of a job and so I thought you know I might want to check and see where I am financially to see exactly where I'm standing and when I did that I was a little saddened that like I had saved some but at |
0:19.8 | 35 years old I had about 400,000000 and I was like, you know, I make pretty good money. This is a sad situation where I'm sitting. |
0:30.3 | You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and interviews of everyday millionaires. |
0:38.0 | We'll unveil their decisions, their strategies, and their current portfolio allocation. |
0:45.0 | Now to your hosts, Clark Sheffield and Jace Matinson. |
0:50.0 | Welcome back to another episode of the Millionaires Unveiled Podcast. Thanks for listening. This is episode number 121. |
0:58.0 | Jace, what's going on? |
1:00.0 | Not a lot, man, just getting ready for tax time baby. |
1:03.0 | What are you doing? |
1:04.0 | You go on a bike ride this morning? |
1:05.0 | I did go on a bike ride. |
1:07.0 | Played basketball, went to the gym, and went on a bike ride. |
1:09.0 | Oh nice, nice. |
1:10.0 | All in the morning. |
1:11.0 | Well we were talking here just a couple minutes ago about this |
1:14.0 | article that we came across on cn't be c. It's titled White House considering tax |
1:18.9 | incentive for more Americans to buy stocks sources say and so this isn't you know in line with |
1:25.4 | Trump's tax plan I think something he might be trying to roll out here before |
1:29.2 | this next November election but this could change a lot of stuff and obviously it's in the |
1:34.4 | preliminary early stages but you know it'd be interesting to follow this and see what happens. |
1:38.4 | So for anybody who hasn't seen it it says money put into an account would be so after an after tax basis and taxed when withdrawn as well. |
1:47.0 | Says Larry Cudlow, director of the National Economic Council told CNBC, the approach looked at most closely centers on creating universal savings accounts, which would combine retirement, education, and health care into one savings vehicle. Under one hypothetical scenario described by multiple |
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