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Millionaires Unveiled

56: Net Worth of 3.3M - Lost 200K in the Market This Week

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 19 November 2018

⏱️ 44 minutes

🧾️ Download transcript

Summary

Jake, 41 years old, has a current net worth of 3.3M. He has a 700K house, about 2M in retirement accounts (including roth and traditional holdings) as well as investments in REITs, 529 plans, angel investments, and one rental property. Within his retirement accounts, he primarily invests in index funds. He has four children and discusses how he teaches them about money as well as his current thoughts on generational wealth. Jake also unveils his financial independence and retirement goals.

Transcript

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0:00.0

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

0:06.0

interviews of everyday millionaires.

0:09.1

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

0:15.8

Now to your hosts, Clark Sheffield and Jace Matinson. Welcome to the Millionaires Unveiled Podcast. This is episode number 56. So we've done

0:28.9

one year of the podcast to date. We've heard stories from doctors, teachers, custodians, some small business owners, and a host of others.

0:37.0

So super interesting to hear all those stories and discuss some of the similarities and of course there's several differences in their stories and how they invest.

0:46.6

We welcome any of you, any millionaire that would like to be on the show and to share your story.

0:50.3

That's our goal of the podcast is to help share these stories and get these everyday

0:54.9

millionaires out there so that we can all learn from each other.

0:57.3

So if you'd like to be on the show, feel free to reach out.

0:59.9

Our email is Millionaires Unvealed at gmail dot com

1:03.4

if you enjoy the show please leave us a review on iTunes and

1:06.4

subscribe it helps us get the podcast out there get new listeners and help reach

1:10.4

new millionaire interviewees.

1:13.2

Last week's interview was Tom Wilwright, Robert Kiyasaki's advisor, tax advisor, and he provided

1:18.8

some great advice on taxes and things to be aware of with this new tax law.

1:23.4

We also have some exciting guest interviews coming up, including Jamie Masters, Chris Hogan,

1:29.6

and Robert Kiosaki.

1:31.6

Next week's episode will be Cuba. He has a net worth of 1.4 million and he has

1:36.8

some investments in real estate, some Airbnb experience, some money invested in

1:41.4

financial securities. He has two kids and overall he's a pretty

1:45.6

frugal guy. So on today's episode we have Jake and Jake is in his early 40s. He's got a net worth of

...

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