Manage episode 516124902 series 2566047
The wealthiest 1% invest completely differently than you've been taught—and they definitely don't follow the advice most financial advisors give. In this episode of BiggerPockets Money, hosts Mindy Jensen and Scott Trench sit down with Tad Fallows, co-founder of Long Angle, to reveal the real investment strategies of high-net-worth individuals and how they differ from the FIRE community's approach.
This Episode Covers:
The most common paths to joining the 1% (entrepreneurship, tech executive roles, and high-conviction investments)
Why the ultra-wealthy favor index funds, private equity, and real estate over traditional investments
Why high-net-worth individuals largely avoid financial advisors and bonds
How Tad went from consulting to founding a successful medical research software company to co-founding Long Angle
Key differences between how the 1% manage their portfolios versus mainstream investment advice
What the FIRE community can learn from the investment strategies of the ultra-wealthy
And SO much more!
Learn more about your ad choices. Visit megaphone.fm/adchoices
696 episodes