• Navigating Real Estate and Net Worth: My Financial Journey
    Nov 22 2024

    Join Vincent Curtis in this episode of "What is My Net Worth?" as he dives into the significant role his Colorado home plays in his financial journey. With his highest net worth yet at $675,968, Vincent explores how the increasing value of his property impacts his overall wealth, thanks to the prime location in a booming real estate market.

    Vincent candidly discusses the advantages of real estate investment, such as building equity and gaining tax benefits, while also confronting the challenges, like market risks and liquidity issues. As his home comprises just over 40% of his total net worth, Vincent questions whether this level of exposure aligns with expert recommendations for a diversified portfolio.

    Tune in to hear Vincent's reflections on achieving financial balance through diversification and his plan to adjust his real estate investment to reach a more optimal percentage of his net worth.

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    6 mins
  • Navigating Market Volatility: The Market Giveth and the Market Taketh
    Nov 18 2024

    In this episode of "What is My Net Worth," host Vincent Curtis delves into the unpredictable nature of the financial market and its impact on his personal net worth. With the S&P 500 experiencing slight dips, Vincent reflects on his current investment strategy, debating whether to adjust his stock and bond allocations in light of market volatility and inflation concerns.

    Vincent shares insights into his investment choices, including his preference for low-cost, passively managed mutual funds in his IRA. He discusses the benefits of these funds and his approach to reinvesting dividends to maintain a balanced portfolio. Despite advice to rebalance his entire portfolio regularly, Vincent opts for a more aggressive strategy, aiming for substantial growth.

    Join Vincent as he explores the dilemma of whether to increase bond allocation to hedge against inflation or to continue with his existing strategy. He invites listeners to share their thoughts on rebalancing portfolios and offers a glimpse into his financial journey, encouraging feedback and discussion on investment strategies.

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    9 mins
  • Financial Detours
    Nov 15 2024

    In Episode 2 of What is My Net Worth?, titled "Financial Detours," host Vincent Kurtis explores the unexpected financial decisions he's made recently, including an unplanned vacation to Puerto Vallarta and taking on a seasonal job. He discusses how these detours, while temporarily impacting his net worth, are part of a larger strategy to balance short-term spending with long-term financial goals, emphasizing the importance of mindful decision-making in building wealth.

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    11 mins
  • Understanding and Improving Your Net Worth
    Nov 11 2024

    Welcome to the inaugural episode of "What is My Net Worth?" with your host, Vince Curtis. In this episode, Vince embarks on a personal journey to understand and improve his net worth, sharing his current financial standing and the steps he's taking to enhance it.

    Vince discusses the importance of tracking net worth, offering insights into the tools he uses, like Rocket Money, to monitor his financial health. He explains why net worth is crucial for a secure retirement and shares his personal goals for financial growth.

    Listen in as Vince outlines upcoming topics, including the implications of retiring with his current net worth, the challenges surrounding social security, and the importance of planning to avoid financial dependency on family. Join Vince as he explores the path to financial freedom and prepares for a fulfilling future.

    Don't miss out on future episodes where Vince delves deeper into his financial journey. Like, share, and subscribe for more insights and updates on achieving financial security.

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    9 mins