Millionaires Unveiled

The Frugal Professor has a current net worth of 500K. He unveils his plan for financial success and what he's doing now to reach millionaire status. He has five kids, an MBA and PhD; He's currently a college professor at a large university. The professor also provides terrific financial advice for new college grads including: spend less than you earn, learn the tax code, invest savings wisely, and track income and expenses. He also divulges how, and in what, he invests and how that allocation may change.

Finance Stoic (http://financestoic.com/) is a CPA in Canada with a current net worth of 2.2M and a net worth goal of 6.0M. He hit his first million at 37 years old and his second million just a couple years later. He's invested primarily in real estate and discusses how he started in real estate and how he financed multiple properties on credit cards. He unveils his plan for the future and the decisions behind his asset allocation. He also answers several rapid fire questions including his most expensive jeans, shoes, and car as well as his college GPA.

Dr. Cory Fawcett has a current net worth of 6.4M. He's 60% in real estate, 30% in financial securities, and 10% in cash and other holdings. During his career as a doctor, he grew his annual income to 250K. After buying his practice and an RV, he had 500K in debt. Cory unveils his debt payoff techniques (just under 6 years to payoff 500K), real estate investing, and other keys to financial success. Cory is now retired and travels regularly. His blog, "Prescription for Financial Succe$$" is linked below. https://drcorysfawcett.com/

Meg and her husband have a current net worth of 3.3M. Both of them are bankers, and were savers/investors prior to being married (she had a net worth of 900K, and he 100K). They have about 1M in stocks/bonds and 1M in real estate. She discusses investing in real estate via syndications vs. buying/managing your own property. Meg also unveils her three legged stool investment approach and discusses a couple of her financial mistakes.

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.

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 financial success.

Paul has a net worth of $1.1 million mostly consisting of 5 single family rentals. Paul shares his story of becoming a millionaire.

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.