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.