240: Net Worth of 1.2M - University Professor Living Abroad

Millionaires Unveiled

Jace Mattinson

Investing, Self-improvement, Education, Business

4.7 • 900 Ratings

🗓️ 23 May 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan is a university professor living in Japan with a net worth of 1.2M. He discusses some of the investment differences and difficulties that arise from living out of the U.S. full time. He also shares the different investment mindsets between what he's observed in America vs. Japan. Dan has most of his net worth in real estate - both in his investment properties and those he's invested in as a limited partner. He also has 225K in the equity markets, 100K in cash, and 50K in private lending. He also paid off 20K in student loans.

Transcript

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0:00.0	On the other hand for my personal mistakes the biggest mistake I made was not starting early enough
0:06.3	which I'm sure everybody says I didn't start till I was 30 and I wasted a lot of years
0:16.0	especially having certain military benefits early on. I could have taken advantage and I didn't do that.
0:18.0	You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and interviews of everyday
0:26.3	millionaires.
0:27.3	We'll unveil their decisions, their strategies, and their current portfolio allocation.
0:34.6	Now to your hosts, Clark Sheffield and Jace Matinson.
0:39.7	Welcome back to another episode of the Millionaires and Velve podcast.
0:42.2	This is episode number 240.
0:44.0	Clark, what's going on your world?
0:46.3	Dude, what's going on?
0:47.3	Going well for B.
0:48.3	Yeah, nothing too big.
0:50.3	What about you?
0:51.3	No, nothing big, man.
0:52.4	Kids are going to be getting out of school here shortly and... big. No, nothing big, man.
0:53.0	Kids are going to be getting out of school here shortly and excited for that.
0:56.0	I got a couple trips planned this summer.
0:59.0	So excited for that.
1:00.0	Yeah, you do.
1:01.0	Yeah, we'll talk about him down the road but you know we're
1:06.3	talking a little bit before before the show about tipping and giving people a tip and I feel like especially as recently the tipping because of technology or whatever I mean I feel like I get asked for a tip almost every place I go, at least it's an option, which is kind of interesting.
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