Here's another query on someone elses behalf..................
A cousin of mine plays AFL. He's obviously on a good wicket and apart from footy, all he wants to do is set himself up well, using property so when he retires from the game, he doesn't have to work & he can still have "cool stuff", bling, cars etc. He's young, unattached, quite shy regarding investing and he wants to hand his money over to someone else who can make his money work for him.
He's offered to pay me to manage his money but I've declined. I'd rather selfishly spend all my time on myself for my inveting. (but thanks ) anyway...........
- he's already been burnt financially (by his own Dad! disgusting!!!)
- he obviously now has trust issues re his cash
- he won't listen to his Mother for advice (although she is a successful investor in her own right with 5 properties)
- his manager doesn't invest. Already asked.
- he's too shy to ask if the team has a financial advisor to the players
- he knows his fellow team mates are investors but is shy to talk to them about it because he doesn't want to come across as uneducated (which he is, and really doesn't have much interest learning. He just wants someone else to do it for him). We openly laugh that thankfully he was blessed with natural talent, otherwise he'd be stuffed in the real world!
- he's also lazy & doesn't read anything I give him or suggest. Nothing wrong with that, but I've told him, no-ones going to look after his future better than him so he has to be prepared for that if he doesn't want to be involved & just reap the rewards.
Can someone please suggest :
- anyone you know who manages AFL / professional sportsmen & women's money for wealth creation
He needs someone to take over his entire finances. If that company / representitive looks after other AFL players or the like, he'd feel more at ease. I've suggested accountants, buyers agents etc my brother & I use but like I said, he's a bit slack, so probably better he just gives himself a weekly wage & let someone else invest for him.
Cheers
A cousin of mine plays AFL. He's obviously on a good wicket and apart from footy, all he wants to do is set himself up well, using property so when he retires from the game, he doesn't have to work & he can still have "cool stuff", bling, cars etc. He's young, unattached, quite shy regarding investing and he wants to hand his money over to someone else who can make his money work for him.
He's offered to pay me to manage his money but I've declined. I'd rather selfishly spend all my time on myself for my inveting. (but thanks ) anyway...........
- he's already been burnt financially (by his own Dad! disgusting!!!)
- he obviously now has trust issues re his cash
- he won't listen to his Mother for advice (although she is a successful investor in her own right with 5 properties)
- his manager doesn't invest. Already asked.
- he's too shy to ask if the team has a financial advisor to the players
- he knows his fellow team mates are investors but is shy to talk to them about it because he doesn't want to come across as uneducated (which he is, and really doesn't have much interest learning. He just wants someone else to do it for him). We openly laugh that thankfully he was blessed with natural talent, otherwise he'd be stuffed in the real world!
- he's also lazy & doesn't read anything I give him or suggest. Nothing wrong with that, but I've told him, no-ones going to look after his future better than him so he has to be prepared for that if he doesn't want to be involved & just reap the rewards.
Can someone please suggest :
- anyone you know who manages AFL / professional sportsmen & women's money for wealth creation
He needs someone to take over his entire finances. If that company / representitive looks after other AFL players or the like, he'd feel more at ease. I've suggested accountants, buyers agents etc my brother & I use but like I said, he's a bit slack, so probably better he just gives himself a weekly wage & let someone else invest for him.
Cheers