Leslie Griesdorf is a retired dentist, a loving husband and an active investor. Leslie Griesdorf is also a martial artist and a brown belt in karate. Through consistent practice in karate, he has learned much abou
t himself and those around him.
Leslie Griesdorf is a semi-retired investor who left his decades-long dentistry career in 2004. Leslie Griesdorf enjoys learning about the stock market and often provides advice to friends and family who ask him for his investment opinions.
Like many successful investors, Leslie Griesdorf didn’t start his stock market career directly out of college. Instead, he built his dentistry practice, saved, put money into retirement and then began investing in stocks. If you’ve similarly prepared, with a stable career, a substantial emergency fund and a secure retirement plan, you’re ready to take your first investing steps.
Below are some ways that a seasoned investor might suggest you begin your investment career:
- Find a Professional
Even professional investors seek advisement. Find a financial professional that you trust and establish a working relationship. You don’t have to do everything your investment advisor recommends, but you should ask for his or her detailed opinions of your financial choices before you make them, and consider the information you are given.
- Diversify from Day One
A diverse portfolio is secure. As soon as you begin investing your wealth, you should have a diversification plan and follow it carefully. With assets divided before multiple sources, you will protect your wealth and potentially grow it more. Regular diversification check-ins are necessary, too.
Take a page from Leslie Griesdorf and use caution with your investments. Never rush in to anything and research every choice before acting, regardless of how strong your gut feeling is.
Leslie Griesdorf entered semi-retirement in 2004, shifting focus from dentistry to investing. Leslie Griesdorf maintains an active, healthy lifestyle and exercises four times each week.
Leslie Griesdorf is a rounded professional who worked as a dentist for decades. He maintained an excellent reputation with patients and colleagues alike, and when he retired, he began a new professional path as an investor. Today, he enjoys a semi-retired life and makes his money for work him.
If you’d like to enjoy the financial freedom and security of putting your wealth to work, as Leslie Griesdorf does, start with steps like these:
- Emergency Savings in a High-Yield Account
An emergency savings fund is critical for anyone who’d like financial security. You should have enough money tucked away to cover between three and six months of expenses, and to cushion you if disaster strikes. Putting this money into a high-yield account that gives more than the average interest of 0.01% will make your rainy-day fund earn you money while you sleep.
- Passive Income
Passive income is anything that continues earning money with little to no effort on your part. Byengaging in silent business partnerships, for example, you can create streams of passive income with modest investments, do it.
Investing in stocks, bonds and real estate, among other areas, is one of the best ways to grow your wealth. Unless you have time and patience to follow all the latest trends in finance, working with an advisor is often the more profitable way to invest your money.
Remember, professionals like Leslie Griesdorf don’t rush in to financial decisions. They plan carefully, seek expert advice and only take risks with their wealth when they’re ready. Doing the same could greatly benefit your monetary situation.
Recommended read : Leslie Griesdorf Visit great beaches Toronto