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215: Net Worth of 1.1M – Bitcoin Ponzi Scheme, 200K Profit

December 5, 2021 by Millionaires Unveiled 1 Comment

Millionaires Unveiled
Millionaires Unveiled
215: Net Worth of 1.1M - Bitcoin Ponzi Scheme, 200K Profit
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Download file | Play in new window | Recorded on December 5, 2021

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Derek has a net worth of $1.1 Million. Of the 1.1M 95% is invested in equities between mutual funds and single stocks. He works as an officer in the Navy and has moved around numerous times during his professional career. Derek talks about investing in retirement accounts, including the government sponsored thrift savings plan, deciding when to buy a primary residence, and how he made the switch from investing in single stocks to mutual funds. Derek also shares advice on what to do when holding too much cash. 

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