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So Money with Farnoosh Torabi

122: Todd Tresidder, Founder of FinancialMentor.com

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 13 May 2015

⏱️ 34 minutes

🧾️ Download transcript

Summary

Very excited to introduce our guest today. His name is Todd Tresidder. He is our second guest on So Money to retire in just his 30's. The first one was Mr. Money Moustache, a wildly popular episode. Check it out, episode 38. Todd is a former investment hedge fund manager, turned financial blogger and money couch. He went from debt to financial freedom in 12 years, and then supported his family just from assets without any significant earned income for years. He raised his net worth from less than zero in his 20's, to millions a decade later using the same personal finance and investment strategies that he shares on his website, financialmentor.com. Todd is still an active investor today. He earns a consistent investment return in both up and down markets. He is a true lifestyle entrepreneur, and as he says, the classic millionaire next door. He doesn't drive flashy cars or wear expensive clothing, but he does take great, great vacations. We're gonna talk about that. Also, we're gonna talk about why he recommends not hiring a financial advisor, his philosophy that we should make decisions emotionally but support them rationally, and (this is great) his step-by-step advice for first time investors. A lot of you writing in wanting to know how to get started with the stock market, how to invest wisely, and Todd has some really important takeaways for us.  

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Transcript

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0:00.0

So Money episode 122, Todd Tresseter.

0:03.2

You're listening to So Money, with award-winning money

0:07.4

guru Farno Shorabi.

0:09.2

Each day get a 30 minute dose of financial inspiration

0:12.4

from the world's top business minds, authors, influencers, and from Farnus yourself.

0:17.0

Looking for ways to save on gas or double your double coupons?

0:22.0

Sorry, you're in the wrong place.

0:24.0

Seeking profound ways to live a richer, happier life.

0:27.0

Welcome to So Money.

0:30.0

Welcome back to So Money everyone. This is Farnu Shurabi. Very excited to introduce our

0:38.3

guest today. His name is Todd Tresseter. He is our second guest on So Money to retire in just his 30s.

0:46.3

The first one was Mr Money Mustache, a wildly popular episode.

0:49.3

Check it out, episode 38.

0:51.2

Todd is a former investment hedge fund manager turned financial blogger and

0:55.1

money coach. He went from debt to financial freedom in 12 years and then

0:59.8

supported his family just from assets without any significant earned income for years.

1:06.0

He raised his net worth from less than zero in his 20s to millions a decade later

1:11.5

using the same personal finance and investment strategies that he shares

1:15.4

on his website financial mentor.com. Todd is still an active investor today.

1:20.8

He earns a consistent investment return in both up and down markets.

1:25.5

He is a true lifestyle entrepreneur and as he says the classic millionaire next door.

1:30.8

He doesn't drive flashy cars or wear expensive clothing but he does

...

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