As someone who’s been in this business 25 years, young advisors should start owning their own business and if they aren’t able to make it, fall back into the employee role. There will always be a space as an employee somewhere. The financial benefits of owning are a million times greater than being an employee.
@JaredKollerKC We’re splitting the downtown entertainment areas from 1 to 2 (P&L and whatever they are going to build by the stadium), which will eventually kill them both. The original north crossroads combined all the entertainment in one nice walkable area.
@theficouple Because a primary home isn’t an asset that can be used to generate income to live on. Gotta live somewhere so it’s not like you can just rent the house out. Including this in net worth can give an investor a false sense of financial security and might cause them to save less.