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Millionaires Unveiled

132: Net Worth of 3.0M - 250K of Passive Income Annually with Financial Samurai

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 4 May 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

Sam from Financial Samurai has a net worth of three million and makes 250K in passive income annually. He discussed his career in finance for 13 years before retiring early. Sam shares the good and bad from early retirement, his net worth allocation, and his experience with investing in real estate crowd funding platforms. He also talks abut negotiating a severance upon leaving a job.

Transcript

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0:00.0

At the end of the end of the you can't get rich quickly investing in indexes index funds you can get rich slowly or you just get rich with everybody else the only way you can really get rich quickly is by investing in individual bets or you build your own

0:14.6

equity in your own business or you're just a super outperformer at your

0:17.8

company and you rise through the ranks. In terms of happiness, I think

0:21.1

happiness is progress.

0:22.8

Progress is my one word definition of happiness.

0:25.2

Whether it's progress in your marriage,

0:27.5

progress in your business, progress in your career,

0:29.7

progress in seeing your children hit milestones.

0:33.0

If you can make progress, I think that's happiness,

0:35.9

especially if you're working hard to see that progress.

0:39.3

And so I think everybody needs to work on something

0:41.4

to see progress.

0:42.4

You're listening to the Millionaires Unvealed Podcast,

0:47.0

where you'll hear the stories and interviews of everyday millionaires.

0:51.0

We'll unveil their decisions, their strategies, and their current portfolio

0:57.2

allocation. Now to your hosts, Clark Sheffield and Jays Mattson.

1:05.0

Welcome back to another episode of the Millionaires and Villed

1:10.0

podcast. This is episode number 132.

1:13.0

Clark, how's it going?

1:15.0

Good, how are you doing man?

1:16.0

Doing great.

1:17.0

What's going on in your world?

...

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