213: Net Worth of 1.1M - From Mobile Home to Millionaire

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 22 November 2021

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

James has a current net worth of 1.1M. He grew up in a poor household and talks about the impact that had on him. He currently works in information technology and is 35 years old. James talks about switching his portfolio allocation from single stocks to index funds. He served in the Air Force for six years and holds only 1% of his net worth in cash. James also shares detailed mistakes (selling stocks too early, selling crypto at a loss, single stock investing, etc..) and advice for a solid financial future.

Transcript

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0:00.0	I had just come back from Afghanistan and I took a tour in a buddy's car and I said, man, I feel like I finally deserve something for the first time of my life. I'm always saving, saving, and saving.
0:10.0	And so I went out and got a new luxury accurate car.
0:15.0	It was at $25,000.
0:17.0	And I essentially handed my wife off my old
0:19.4	to a Camry.
0:21.2	And she wasn't too fond of that.
0:23.4	You're listening to the Millionaires Unvealed Podcast
0:28.0	where you'll hear the stories and interviews of everyday millionaires.
0:32.4	We'll unveil their decisions. interviews of everyday millionaires.
0:32.8	We'll unveil their decisions, their strategies,
0:36.5	and their current portfolio allocation.
0:39.6	Now to your hosts, Clark Sheffield and Jace Mattson Sin.
0:44.0	All right, welcome back everybody.
0:48.0	Welcome to another episode of the Millionaires Unveiled Podcast, episode 213.
0:52.0	This is Clark here with my co-host
0:53.1	Jace what's going on man Thanksgiving it's a few days away you got your brisk
0:57.3	get ready to go you hang up the brisk and ready to go man I can't wait got some
1:01.0	good sports on here shortly.
1:02.8	Some for me man or mail it over.
1:04.6	Indeed, you should come visit for Thanksgiving.
1:07.4	That would be fun.
1:09.6	Come play some turkey bowl and it would. we can go out to the lake too we
	...

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