A notable exception are daily fantasy sports providers FanDuel and DraftKings, an idea he liked because of his interest in football.“The conversations are just fun,” Manish Shah, the co-founder of PeerWell, said in an email. “You have a little bit more breathing room, but the discipline is the same. From the info above, he spent $6M over those 10 years, or $600k per year after taxes. It meant doing everything possible to make sure he had a long NFL career while using it to set up the rest of his life.Not flashy, but effective. I came here with a suit on, just like you. Happy retirement GloverGood for him — he should hold seminars for NFL rookies (and their greedy families).Very smart, he didn’t just save money as he made a heck of a lot more free money in interest.Go buy that Maserati now. He had a plan. It may not happen as fast, but having the skill set to see it happening in real-time is valuable.”“To sit here and say I’ve played for eight years and made this much money, I was in a couple investments for five years and kind of made the same amount of money,” Quin said. If somebody did something like that, it would be dope.’ See what she says about it because she has a good feel for stuff.”Occasionally, Quin had a higher budget if he got what he called “unaccounted-for” money for doing an appearance that wasn’t planned. I do like for them to look at me as I’m an investor.So far, the strategy has worked. The 70/30 save-spend strategy brought to him by his financial advisor, Humble Lukanga, made sense.“I just want to get her intake,” Quin said. Quin is big on giving his companies exposure. go the full size Glover Quin image. He knows the average person looks at an NFL player and doesn’t immediately think intelligence.If those things happen, he talks with Lukanga and does more research.
Quin and Lukanga estimate a five-year projection where his private portfolio could match the money he has made in the NFL. Arian Foster, Glover Quin invest in 12-year-old's lemonade company By Aaron Wilson , Houston Chronicle Published 3:29 pm CDT, Thursday, July 6, 2017 “It’s kind of like having a double NFL career, you know.As much as Quin identifies with football -- he emphasizes he’s a football player first -- he wants to be viewed as more than that. image. And it led to his monetary success.He might have made his money in the short-term NFL world, but he’s in the investment game for the long haul.
You’ve earned it, and you can pay for it all upfront and not be in debt.The NFLPA should hire him as a counselor to young players.Well, at least he was successful at playing the system because he certainly wasn’t very good at playing football. He recognizes football got him here in the first place. In the offseason, he’ll sometimes study two or three deals per month, starting by reading it over to see if it hits certain metrics he has for investments.“That 30 percent just gets a little bit bigger,” Lukanga said. If he hits on an average number of deals, he believes he has put himself in good shape.
“A curious mind, disciplined approach to reading people and an aptitude for thinking strategically. After signing a free-agent deal in Detroit in 2013, Quin decided to venture into a more risky investment world -- private equity, using 10 to 20 percent of his wealth to fund private, up-and-coming businesses.Quin majored in business at the University of New Mexico.