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Millionaires Unveiled

319: Net Worth of 980K - Trust the Process: Becoming a Millionaire Once and Soon to be Twice

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 12 October 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Tim has a current net worth of 980k. Most of it is in real estate. He was worth $1.2 million at one time but then lost some with the fluctuations in the market and real estate values. He was in the military but now works for a non-profit.

Transcript

Click on a timestamp to play from that location

0:00.0

It's definitely one of those trust the process moments in your life.

0:04.0

You know, nothing is linear and finance like everything else will reflect that.

0:12.0

So the first time we broke, you know, the two comma club and sorry, yeah,

0:19.1

the two common club, we were, I was a static, over the moon. I thought I had it all figured out and then the market corrected a little bit and I was like,

0:27.2

okay, back to the John board and it was definitely a little bit of reflection,

0:30.9

but that's not a bad thing at all. How I run my finances, there is a little bit of

0:37.2

exposure to the market and it ebbs and it flows and you just have to know that you have to trust the process.

0:45.2

I thought I was, you know, the bees knees driving around, you know, in an Audi and really

0:50.0

I was just acting the fool.

0:51.6

Welcome millionaires and future millionaires.

0:55.0

You're listening to the Millionaires Unveiled Podcast,

0:57.8

the show where you'll hear the stories and interviews

1:00.0

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

1:05.3

allocation.

1:06.3

Now to your host, J. Mattingen.

1:09.3

Welcome back to another episode of the Millionaires and Villed Podcast. This is episode

1:15.8

number 319. Stace, how's it going?

1:19.6

Hey, hey, you know,, it's a heavy week.

1:23.8

We did our intro for Monday last week.

1:26.8

We did a little early, so before kind of recent events.

1:29.4

And this is certainly not a political podcast, but I did do a study abroad in Israel in 2010 and

1:37.2

it is near and dear to my heart so I just thought would be remiss if we didn't say before talking about things that are very first world,

...

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