Millionaires Unveiled

Steve, a retired engineer, has a current net worth of 3.4M. He shares his story and thoughtful insights on what has made him the classic "Millionaire Next Door." He worked at the same company for over 30 years, and discusses both the pros and cons of doing so. He shares the slogan, "Same House, Same Spouse, Same Car" and provides insight on how each of those pieces contributes to financial success. At one point after retiring, Steve received, and turned down, a job offer with an annual salary of 1.2M. 

Doc G, today's guest, is a physician with a current net worth of 6.5M. As a physician with numerous side hustles, his income once reached about 1M per year; He currently makes about 250K per year. We discuss his side hustles and how much income they provide, how charitable giving has played a role in his wealth growth, and whether people treat him different once they find out he's wealthy. He also shares financial goals and several tips for financial success.

This interview features Taylor, a 29-year-old aspiring millionaire, with a current net worth of 500K. He has 350K in investments with the majority in ETF's and index funds allocated to both retirement and non-retirement accounts. He earned 30K annually in his first full-time job out of college, but returned to school for an MBA and has a current annual income of over 100K. Taylor discusses charitable giving, his financial mistakes, and offers wealth building advice. Check out his website at mrfiguy.com.

This episode provides more detail about us, as well as interview summaries of our last ten millionaire interviews. We discuss our backgrounds, investing strategies, and plans for the Millionaires Unveiled podcast. We briefly introduce a new project, the Millionaire Scorecard, share insights on upcoming episodes, and discuss our multifamily investment opportunities. We review our most recent millionaire interviews, sharing key points and data from each person. 

Edna is a Canadian real estate investor with a current net worth of 6.5M. She's invested almost entirely in real estate and has built her portfolio to over 400 doors with a value close to 47 million dollars. Before becoming a full-time investor, Edna was a financial adviser. She opens up about her life story, how and when she started investing, and provides tips to financial success. Please see the link below for more info and a couple special offers. https://ednakeep.com/muv/

OthalaFehu and his wife have a current net-worth of 1.6M. Both he and his wife work as government attorneys and primarily invest in Vanguard index funds across retirement and non-retirement accounts. They also own 80 dividend paying individual stocks, and hold 3% of their net-worth in precious metals. We also discuss investing strategies for both HSA's and 529 college saving plans. 

This episode features JW, one who has worked in corporate America for almost a decade and saved/invested annually to build his net worth. He chooses to invest primarily through index funds, and more recently purchased and currently manages a small business. He discusses working with family, buying and growing a small business, and overall risk tolerance. 

Michelle runs the successful blog titled, "Making Sense of Cents." In 2017, she made over $1.5M blogging, and currently makes over $100K per month. She discusses how the blog got started, financial and business decisions made along the way, how she invests her money, and what she's doing now to grow her business. She also provides financial advice for both individuals and business owners and reveals what she believes to be the biggest financial mistakes.

Today's show features a couple focused on financial independence. They are both 36 years old and have a current net worth of 2.2M. They invest primarily in two classes of index funds, the S&P 500 and International. They currently hold no real estate investments besides their primary residence - a purchase they call their biggest financial mistake. Their current financial goal is to make 50K of passive income annually.

Neil is a radiologist with a current net worth of 2.5M. He's been out of residency and working as a doctor for six years. He allocates his investments between both financial securities (70%) and bonds (30%). His 350K primary residence is fully paid off. Neil unveils his current physician salary, and the salary he received in residency. He also provides great advice to new doctors, and those still in school and residency.

Eric has a current net worth of over five million dollars which is evenly split between real estate and financial securities. He worked a corporate W-2 job (IT at a bank) until he was 50 years old. Following which, he transitioned to real estate investing full time. He now owns and self manages 25 units split among fourplexes, duplexes, and one single family home - all purchased in the last nine years. He provides great advice on not only how to get started investing, but also when to choose real estate.

Today's guest, Michael, has a current net worth of 2.1M. He has 600K invested in financial securities between singles stocks, actively managed mutual funds, and index funds. He discusses his top holdings, strategies, and his conversion from single stocks to index funds. He was able to start and sell an IT support business which helped kick start his financial success. Michael also has three single family rentals and a syndicated real estate investment. 

This episode features Cory, a financial planner with a current net worth of 2.7M. 90% of his net worth is invested in real estate, primarily in smaller multifamily properties. He currently owns about 120 units - all of which are self managed. One of his first financial goals was to own ten rental properties and collect one million dollars in rent annually. He has since achieved this goal and unveils his route, strategy, and motivation along the way. 

Justin retired at the age of 33 with 1.3M. He has a current net worth of 2.0M. 90% of his money is invested in index funds with 50% of that being in U.S. funds, and 50% in international funds. Besides a small percentage of his net worth in a REIT, Justin has no other real estate investments. He and his wife both worked corporate jobs and maxed out their combined income at 140K. They both worked for 10 years before retiring, and have no plans to return to the workforce. 

Ern has a current net worth of 3.1M. Of that amount, 1.2M is invested in mutual funds, with about 1.0M in S&P 500 index funds. He discusses his preference for that fund and why he prefers index funds over actively managed mutual funds. He also talks about deferred compensation (150K) and option trading (650K). Ern also has about 500K in home equity. He provides great advice on when to take risks and discusses the benefits of starting early.