Millionaires Unveiled

This episode aims to provide a brief summary of advice from each of the first 10 millionaire interviews. Each millionaire has a unique investing strategy and portfolio allocation. Check out our recent article on business insider titled, "We've interviewed nearly 50 millionaires about how they invest their money - here are 5 strategies anyone can implement." - Link below. http://www.businessinsider.com/best-investing-strategies-from-millionaires-that-anyone-can-implement-2018-1

Brian and Bo are fee only financial advisers and co-hosts of the successful personal finance podcast, "The Money Guy Show." On their show, they discuss a wide range of timely financial topics and aim to restore order to your financial chaos. On this interview, they share their personal financial benchmarks and unveil the biggest financial mistakes and missed opportunities they see. They also reveal who (and who doesn't) need(s) a financial adviser and why.

Mr. and Mrs. 1500, with a current net worth of two million dollars, are the guests on today's podcast. At the age of 39, Mr. 1500 had a goal to retire in 1500 days - something he accomplished. Their investments are bifurcated, almost evenly, between financial securities and real estate. As a couple they unveil their investing strategies and portfolio allocation. They discuss flipping single family homes, single stocks vs. mutual funds, and how to successfully work together as a couple on finances.

Jennifer is 31 with a current net worth of 1.8M. Of that amount, 1.5M is real estate, composed mostly of duplexes and triplexes. She started her career in real estate development and now has 18 total units. She talks about her investing strategies and unveils why she prefers duplexes over larger multifamily properties. Jennifer is heavily focused on cash flow, and currently nets about 9K each month from these properties. She provides great advice on playing to win vs. playing not to lose. 

John worked for 11 years in sales for a fortune 500 company prior to quitting his job and starting a plumbing business. He discusses his path to millionaire status - one that took over 30 years. He unveils his decisions along the way, and how he found the right combination of running a solid business and being an effective plumber. He also owns and self manages about 20 apartments. He has a current net worth of almost four million dollars.

This interview shares the story of Marco, who after his father's passing, inherited close to one million dollars. Prior to the inheritance, and at the age of 25, he was living paycheck to paycheck with very little investment knowledge and experience. We discuss Marco's story and he shares advice on what one might do when a large sum of expected, or unexpected money is inherited, given, or won. 

Jason is a multifamily real estate investor with a current net worth of six million dollars. He has 95% of his net worth invested in real estate, and has no plans to invest in the financial markets. Jason went to law school, passed the bar exam, and then turned down a prestigious job offer to begin flipping single family homes. He did so for a few years before meeting his business partner and shifting his investing strategy to multifamily apartment buildings.

Trent is a former multimillionaire and current tech executive, consultant, and entrepreneur. His story is different than most of our guests, and his current net worth is below a million dollars. He initially started by dropping out of college, creating a WordPress theme, and growing his company to a million dollars in revenue. After selling the company, he reinvested his money in new ventures and continues to explore tech startups. Trent currently works in the business cloud computing space. 

This episode features Marc, a former financial planner. He worked for just over fifteen years, before retiring at the age of 36. After one year in retirement, he found himself bored and decided to return to the workplace. He has a current net worth of just over one million dollars, which is invested primarily in dividend growth stocks. He also runs the blog www.bamfmoney.com.

Dr. James Dahle, MD operates the successful blog titled “The White Coat Investor.” He’s an emergency physician residing in Utah and has a current net worth of between five and eight million dollars. He’s also written a book titled, “The White Coat Investor, A Doctor’s Guide to Personal Finance and Investing.” His aim with both the book, and website, is to educate doctors and others about personal finance and investing. He discusses his portfolio allocation and shares insights and tips of finan

This episode features Paul and his current net worth of 1.1M. Paul grew up in a poor to middle class family and dealt with a family bankruptcy at a young age. Following the bankruptcy, he was determined to take care of his finances going forward. 625K of his 1.1M is invested in five single family homes. Paul unveils his single family home investing strategy and tells several insightful stories. He also has 450K in retirement savings.

Mo has a current net worth of 1.6M. He lives in India, but travels often to the United States for work. He owns and leases a large commercial office property which is composed of 90% of his net worth. We ask him if that makes him nervous (having most of his net worth tied up in one property), and why he's chosen the allocation he has. He explains his reasoning, and unveils his mindset and investing strategy.

Chris has a current net worth of 3.6M. Most of his net worth came from the sale of a computer software company for 3M. Chris dives into how this business got started, and what he did to make it successful. He provides fantastic tips and input on growing and structuring a small business. After selling the business, Chris experimented with using a financial adviser vs. managing the money himself. After three years, he discovered that he was better-off managing the money himself.

This episode offers a brief introduction including who we are, what the show is about, and what you'll gain from listening.