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Millionaires Unveiled

24: Net Worth of 1.6M - Attorney with Precious Metals

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 9 April 2018

⏱️ 39 minutes

🧾️ Download transcript

Summary

OthalaFehu and his wife have a current net-worth of 1.6M. Both he and his wife work as government attorneys and primarily invest in Vanguard index funds across retirement and non-retirement accounts. They also own 80 dividend paying individual stocks, and hold 3% of their net-worth in precious metals. We also discuss investing strategies for both HSA's and 529 college saving plans.

Transcript

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0:00.0

You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and

0:07.6

interviews of everyday millionaires.

0:10.6

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

0:17.0

Now to your hosts, Clark Sheffield and Jace Mattsonson.

0:26.0

Welcome to the Millionaires unveiled Podcast. Before we get into our guest today, David,

0:29.0

just wanted to remind you, check us out on all the social media outlets under millionaires unveiled.

0:35.0

And if you'd like to be on the show, send it an email that millionaires unveiled at gmail.com.

0:40.0

It's pretty cool. We've had quite a few of you reach out to us as listeners that we will be profiling here in the upcoming weeks.

0:47.0

Also, we'll have several deals in the works and the multifamily space if you're interested, shoot us an email and we'll get you some details on those.

0:55.1

Today on the show we've got David.

0:57.0

David's Networth is about 1.5 to 1.6, broken up between some equities. He's got an HSA, has some real estate as well.

1:07.0

Getting into a lot of different strategies he's used over the years. David is an attorney as is his wife. So without further do, let's get right into the show.

1:17.0

Welcome to Millionaires and Vale. Today on the show we've got David.

1:20.0

David, do you want to just give us a little bit about your background and what you're up to and what you're doing for work and stuff?

1:27.0

Sure. Well, me and my wife are both attorneys. We actually met in law school, she was a year ahead of me.

1:34.3

So we both work as attorneys, but I always

1:37.2

describe it as government attorneys

1:39.0

as opposed to big money attorneys.

1:41.3

So we both work for either local state federal government. I have

1:46.8

hopped around a little bit mostly always criminal law though I've worked as

1:51.0

a prosecutor I've worked as a prosecutor, I've worked as a public defender, and my wife works in labor law.

1:56.8

So it's always good stable salaries, but not necessarily the money that people think they're talking about

...

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