131: Investing Made Simple with Kevin Matthews II
Jun 29, 2020•1 hr 10 min•Ep. 131
Episode description
Kevin Matthews II started paying attention to finance way back in 6th grade - because his parents said they wouldn’t buy him any more video games, he’d have to buy them himself.
Kevin’s parents telling him no propelled him into a lifelong planner - saving up for purchases rather than buying and figuring out how to pay it off later. And he parlayed his planning skills into a career as a financial advisor, eventually being named one of Investopedia’s Top 100 Advisors in 2017.
Kevin is passionate about teaching people - specifically millennials - how to manage their money. In fact, he’s SO passionate about teaching people how to alter their financial lives, he almost missed the birth of his first child in order to make a video about how $2,000 can turn your kids into millionaires! (Spoiler: He made it back to the room in time.)
Kevin wants you to know how to invest, how to manage your money so that you can further yourself down the path to Financial Independence. Kevin has an excellent video called Three ways to get started investing that discusses three ways we’ve never heard of!
Kevin credits consistency in investing with his client’s financial successes. He also believes that patience is the number one thing investors need - a point that’s been hit home so clearly in the past few months - and that a lack of patience is the biggest mistake investors are making today.
Kevin also shares tips for teaching your children about investing to get them used to seeing ups and downs, so they don’t lose their patience when they start investing with real dollars.
In This Episode We Cover:
Kevin's financial journey
How he's saving his lunch money
Becoming a financial planner
Individual stocks vs. index funds
When he discovered and committed to financial freedom
Mistakes that he sees new investors make
What his end-goal looks like
How $2,000 can make your kids millionaires
3 ways to get started investing
And SO much more!
Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Money Podcast 129 with Tiffany Aliche
BiggerPockets Money Podcast 110 with A Purple Life
BiggerPockets Money Podcast 97 with Financial Mechanic
BiggerPockets Money Podcast 119
BiggerPockets Money Podcast 41 with Kyle Mast
BiggerPockets Money Podcast 84 with Kyle Mast
BiggerPockets Money Podcast 118 with Kyle Mast
BiggerPockets Money Podcast 24 with Erin Lowry
BiggerPockets Money Podcast 81 with Erin Lowry
How $2,000 can turn your kids into millionaires
Three ways to get started investing
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