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Millionaires Unveiled

333: Net Worth of $16.9M - I Never Thought I'd Be Where I Am Today

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 11 December 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

Mike has a net worth of $16.9 million. He is in his early 70's. Most is in the market at this point, but that is only as of recent. He has a couple pieces of real estate for personal use. Mike has been a business owner and entrepreneur most of his life.

Sponsored by:

www.Masterclass.com/Unveiled

Transcript

Click on a timestamp to play from that location

0:00.0

If I'm going to invest my money, I want to be paid on a monthly, quarterly or yearly basis.

0:05.0

So I started that years ago and I've just stuck with it through thick and thin.

0:11.0

And every year you earn a little bit more. It grows a little bit more and here we are today talking.

0:17.0

For me I have high school education, never really went to college.

0:22.0

I was the type of individual that got the street education.

0:27.1

If I wanted to know something, I went out and I studied for it, look for it. I remember going to college to take one course and one course only. I went into the

0:38.4

Dean's office and the Dean says you can't take this course and I said well why not?

0:42.3

And he says well you don't

0:43.8

got the prerequisites I says I really don't care and he says well you won't get a

0:49.7

grade I said well I really don't care.

0:53.0

He said, but you got to pay for it too.

0:55.0

And I said, I don't care.

0:56.0

I'll pay for it.

0:57.0

Let me take the course.

0:58.0

And all I want from the course is maybe about the middle of the book

1:02.0

is all I'm interested in. This is not hard in this country.

1:07.0

I came to the conclusion to really get ahead. You just had to have the desire and be disciplined enough in order to do it.

1:17.0

I mean compound interest, things like that.

1:21.0

Very simple concepts, but most people just don't do it. And that's how I got ahead.

1:29.6

There is this opportunity out there in this great country of ours to to excel and do better than you ever thought I never thought I'd be where I'm at right now

1:40.8

But it was just working a simple plan, putting money aside, letting it grow,

1:47.0

letting the compound, and here we are talking to you today.

...

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