Sept. 5, 2019
Here is the link.
“Most professional athletes are expected to reap their paydays during their playing years,” Myers says. “The athlete that reacts to this early earning cycle needs to have a long-term view on business investment if he or she wants tomorrow to be better than today.”
A Car or a million dollars later in 65
Starting in real estate helped keep Roddick grounded early and not divert money to subsidize personal spending. “I know that Andy recognized that the $300,000 that he could have spent on a new Ferrari would lessen his net worth by over $1.4 million when he reached 55 and $3 million by 65,”
With the real estate side of the business so formulaic and Roddick retiring from the game in 2012, he continued to leverage his business learning into new deals, startup spaces, series Cs and more. “The fun part for me is looking at the deals and new companies,” he says. “Investing in companies is more exciting day to day.”
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