80: Net Worth of 1.1M - 31-Year-Old Executive with Growing Income

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 6 May 2019

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dom, a 31-year-old executive has worked tirelessly to build up not only his income but also himself. He discusses how he was able to grow his income so quickly (combined income of $165K in 2012 to $475K in 2018), how he invests (32% primary residence, 17% S&P index fund, 17% other real estate, 22% company equity, 8% life settlements, 3% cash, 1% cars), and the mistakes he's made along the way. Dom also provides insight into personal development, paying off one's mortgage, and investing strategies.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and
0:07.6	interviews of everyday millionaires.
0:10.6	We'll unveil their decisions, their strategies, and their current portfolio allocation.
0:17.0	Now to your hosts, Clark Sheffield and Jace Matinsen.
0:22.0	Hello and welcome to another episode of the Millionaires Unveiled Podcast where we tell the stories and strategies of everyday
0:29.4	millionaires and unveil their current portfolio allocations.
0:33.0	This is Clark here alongside my co-host Jace and this is episode number 80.
0:38.0	Last week on the show we had Rich.
0:40.0	Rich currently serves in the military and lives in South Korea. He was able to build up a
0:44.2	single-family investment portfolio of 20 rentals, all of which are paid off.
0:48.7	So a terrific story with him and some great investment and life advice shared.
0:53.7	A special thanks to our sponsor Equity Multiple for supporting today's episode.
0:58.8	One of the tried and true past to becoming and staying a millionaire is establishing passive income streams.
1:04.0	Perhaps the most tried and true passive income channel for savvy investors is commercial
1:09.0	real estate. Equity Multiple connects accredited investors with pre-vetted exclusive commercial real estate investments with investment minimums as low as $10,000.
1:18.5	With equity multiple you can allocate a meaningful portion of your portfolio to professionally managed commercial real estate and create a stronger and more diversified portfolio.
1:28.0	Head to equity multiple.com.
1:31.0	forward slash millionaires to learn more.
1:33.0	Again, that's Equity Multiple.
1:35.0	dot com forward slash millionaires.
1:37.0	If you'd like to invest in our multifamily opportunities, feel free to reach out.
1:41.0	Our email is Millionaires unveiled at.com. We'll jump on a
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jace Mattinson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jace Mattinson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.