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Millionaires Unveiled

304: Net Worth of $1.65M - Play Big to Win Big

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 24 July 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

Meredith is in her early 30's and she is single and ready to mingle. She has a net worth of $1.65 million spread across all sorts of asset classes. About 1/3 is in an IPO stock. She works in Sales now, but used to be a teacher and did all sorts of other jobs.

Transcript

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0:00.0

I don't see this psychologically for whatever reason as like money that's mine it just kind of

0:06.0

bonus added risk and that does play into my general philosophy of investing which is you have to play big to win big.

0:15.2

So once I started making money, I was saving, saving, saving, because I didn't know what to do with it.

0:20.8

So I lost out on a lot of market opportunities. I had a ton of cash that could have been

0:26.4

invested in a house and then during that time the markets went crazy. So if you're thinking of

0:31.5

doing something anything, just do it if you want to invest and you only have $20 put your $20 in there so that when you have $200 you know exactly what to do

0:41.6

Welcome millionaires and future millionaires.

0:44.8

You're listening to the millionaires unveiled podcast.

0:47.7

The show where you'll hear the stories and interviews of everyday

0:50.6

millionaires will unveil their decisions, their strategies, and their portfolio

0:55.2

allocations.

0:57.0

Now to your host, J. Mattingen,

0:58.6

Welcome back to another episode of the Millionaires and V podcast. This is episode

1:05.4

number three hundred and four. Stace, how's it going? What's going on in your world?

1:10.0

It's going well over here. I got a good four-mile hike in today. I'm feeling good. You're feeling less good about that four-mile hike, but I'm feeling great.

1:18.8

Yeah, it's hot and a little sore. So'll see how it is tomorrow that's for sure.

1:27.0

So I want to take a moment

1:35.0

this this comes from James he says I wanted to take a moment

1:39.0

sending email regarding the podcast prior to episode three or you and Stacy were talking about gratitude.

1:45.2

Stacy with your practice of taking pause and recognizing what is good in life was a great

1:50.7

entry for the show. In my home we have the gratitude board. It's a simple

1:55.0

magnetic white board on a refrigerator. Every day either my wife, two kids, or myself

...

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