The 'millionaire next door' has these 3 investment strategies in common
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Whether it's legendary investor Warren Buffett, local billionaire Les Wexner or the low-key guy next door who just paid cash for a snazzy retirement beach condo, wealth builders of all stripes typically have three investment avenues to quote 'get there'. They are: owning a business, investing in stocks and investing in real estate. Yes, there are other ways to make money and yes, you have to be disciplined to make proper investments but by and large, it's one, two and/or all three of these avenues that pave the financial way. For episode 15 of Financial Opportunities Uncovered, we switch the chairs around as Mark Beaver swoops in as host and asks Andy about his 30 years in the business. For both of these guys, who love football, coaching axioms can apply to financial planning too. (It is college football playoff season after all!) Mark's high school coach said, 'Stick to the basics.' Legendary college coach Nick Saban always preached to players, 'Do your job'. Those words also align with one of Andy's core principles; 'Do more of what you do best.' In essence — don't get distracted — whether it's all the other players on a field or all the other 'golden' financial opportunities that may be anything but.
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