208: Net Worth of 5M - 2.5M in Tesla Stock

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 18 October 2021

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Al has a current net worth of five million dollars, of which 2.5M is invested in Tesla stock. He purchased about 1,000 shares of Tesla for $200,000 and the stock has skyrocketed since. Al became a millionaire at the age of 45, prior to investing in Tesla stock (he is now 47 years old). Al shares insight into the financial advisory business, his financial goals, the importance of one's time, and whether more money has brought less stress and more happiness.

Transcript

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0:00.0	From 1.6 to under 900 in the span of 3 and a half months and then today you know those accounts are over 4 million dollars. That's the weird thing about this whole thing is like you know having
0:15.5	one million compared to five million I don't live any different I do the same I eat at
0:21.3	the same places I you know I drive a 2011 Jeep Grand Cherokee that I've had for six years
0:29.0	You're listening to the Millionaires Unvealed podcast where you'll hear the stories and interviews
0:35.2	of everyday millionaires. We'll unveil their decisions, their strategies, and their
0:41.8	current portfolio allocation.
0:44.4	Now to your hosts, Clark Sheffield and Jace Matinson.
0:49.2	Welcome back to another episode of the Millionaires and Vowed Podcast. This is episode
0:56.2	2008. Clark, what's going on in your world? How you doing?
0:59.4	Dude, doing pretty good
1:03.2	what's going on with you not a lot man just getting all into the Halloween festivities and fall
1:05.1	festivities we got great football going on and all sorts of things this time of year
1:09.6	what about you that our team lost last week huh yeah was a that was a tough game to watch, but I'm actually going to the game this week. I'm pretty excited. Should be a fun one.
1:17.5	Oh nice. Nice, yeah.
1:19.0	BYU Baylor we're talking about. Yeah.
1:21.0	We got a listener question from Michael this week and we just wanted to read it and talk about that.
1:27.4	He says, my name is Michael, I'm an emergency room nurse with about $45,000 in student debt.
1:33.8	I was wondering if you could ask a question.
1:36.5	The question is, when you are young,
1:38.6	is it smart to pay off student loans
1:40.7	or better to invest in the market, businesses or 401k, etc.
1:45.0	Rather than paying the loans often full, is having capital, I assume he means is having capital
	...

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