Episode 15
15: Net Worth of 3.1M - Early Retirement Now
Millionaires Unveiled · Clark Sheffield and Jace Mattinson
February 5, 201839m 39s
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Show Notes
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.