61: Net Worth of 1.75M - First Million at Age 39

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 24 December 2018

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joe has a current net worth of 1.75M. He works in IT and allocated his money 80% stocks and 20% bonds. Within that allocation, he chooses 60% domestic and 40% international holdings. Joe reached is first million at age 39 and expects the second million to come much faster. He dabbled in single stock investing and real estate, but prefers investing in mutual and index funds. His household range of income has been 52K to 180K. He also shares advice on when to purchase your first home.

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 61.
0:29.0	First of all, happy holidays to all and happy upcoming New Year and thanks for listening to the
0:33.5	podcast whether you're a new listener or you've been on this journey with us for the past
0:37.2	year or so we're grateful that we're able to share all these stories with you and
0:41.0	together we're able to learn from these
0:42.5	millionaires about how they invest in their stories and how they allocate all
0:46.4	their investments and their assets. If you enjoy the show leave a review on
0:50.0	iTunes and subscribe to it it helps us reach new millionaires and continue to tell some of these
0:54.7	amazing stories. And to that end, if you are a millionaire or close to reaching millionaire status and
1:00.4	would like to share your story and your investing strategies and your
1:03.8	asset allocation send us an email at millionaires unveiled at gmail dot com and we'd
1:09.3	love to set up a time with you last week's episode was with Michael Blank. Michael is a big
1:14.4	multifamily real estate investor and has a recent book called Financial Freedom
1:18.6	with Real Estate Investing and with him we discuss the advantages of multifamily investing and why he believes multi-family is better than single family
1:27.8	We also discuss his journey to investing including a couple failures that he's had along the way. So if you didn't listen to that
1:35.1	episode check out that episode with Michael Blank. This week's episode is with Joe.
1:39.8	Joe is an IT professional worth 1.75 million. He's married with one kid and his wife works in
1:46.2	HR. He's about 80% invested in stocks, 20% in bonds, and he discusses how he was able to grow his net worth, the mistakes he's made
1:55.5	along the way and he provides some great advice on continuing to grow your net worth and investments.
	...

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