HCR Wealth Advisors Warns Young Athletes of Overspending

They finally make it to the big leagues. They finally accomplish their dreams. When singing a multi million dollar dream to a professional sports team, an athlete now has all the money they would ever need…if only they would spend it correctly. This is where HCR Wealth Advisors can step in. Too many times, young athletes waste their fortunes on poorly thought out investments, buying excessive amounts of luxury items, taking care of numerous people in their family and not considering their pre tax income will be much different than their after tax income. More and more sports managers and teams are choosing to select a wealth manager to help these young people manage their millions.


HCR Wealth Advisors is a Los Angeles, California based firm. The registered investment advisory firm has been working for three decades to create strategies that allow people to live a life with few financial worries. The wealth managers working at the firm are experienced investors themselves. They have studied the markets. Wealth managers are not focused on upselling unneeded products and services. Instead, these wealth managers work to educate their clients about what it means to be financially fit and secure. By doing this, the wealth advisors develop strong relationships with their clients, who are empowered to take an active role in the management of their finances and investments.


The reason this firm takes wealth management so seriously for its clients, who include professional athletes, is due to the limited amount of years their careers span in the sports industry. The income of these individuals will drastically change after their sports careers have ended. To make sure their income and lifestyles are still the way they would imagine, HCR Wealth Advisors creates detailed strategies to help each client meet their future financial goals.  With the right preparation, athletes do not have to experience a grim financial future for the following decades after their retirement. The right investments guided by these wealth managers can help to lead athletes to living a comfortable lifestyle for the many decades ahead. The firm can help to make sure these clients do not overspend, but instead invest their money wisely, which in return will lead to sufficient money for their future.


HCR Wealth Advisors is not affiliated with this website.


Gareth Henry: Activist for Social Justice

After being the victim of violence due to homophobia, Gareth Henry left Jamaica to seek asylum in Canada. The badminton player and activist for HIV/AIDS, social justice, and LGBTQ rights was born to a teenage mother with a father who was completely absent from his life. He realized he was gay during his teen years after starting high school at only 10 years old.

When he was 15, Gareth Henry left his home so he could finally feel free to come out as who he is. After graduating, Gareth Henry moved to Kingston and earned a bachelors degree in social work as well as a masters in communications. He began volunteering for an AIDS support program in order to help his community. He continues advocacy for community in his new country of Canada.

Not only was he able to help others through his work, Gareth Henry was able to associate with other gay men in the area. In 2004, he became the leader of J-FLAG, an organization in Jamaica that is fighting for the rights of the LGBTQ community. This organization was the first of its kind. This position was given to him after the murder of its co-founder, Brian Williamson.

It took a great deal of bravery to take this position as it made him a target for violence. Gareth Henry was one of the very few people that had any interest in taking up the important position out of fear of violence or death. During his time as the leader of J-FLAG, 13 of his friends were murdered due to their sexual orientation. He himself was the victim of homophobic violence 3 times by police.

One of these attacks occurred at a pharmacy in Kingston where he was beaten with guns by police officers in front of an angry mob consisting of hundreds of people. After issuing complaints about the treatment of the LGBTQ community, he realized that his concerns were largely ignored. This attack made international headlines and Gareth Henry knew that he had no other choice but to leave Jamaica, an opportunity that many in his community do not have.

Hussain Sajwani Excels in Leadership Roles

Over the past few years, emerging entrepreneurs have asked questions about how to succeed in business. Moreover, authors and investors in different industries have published books regarding how to succeed in business. While so much has been said and documented on entrepreneurship, little has been highlighted regarding the actual driving force of a successful entrepreneur. In this article, we shall highlight the significant traits of a successful entrepreneur and business professional with the primary focus on Hussain Sajwani.


Background Information


DAMAC owner, Hussain Sajwani grew up under the care of dedicated and loving parents who gave him the best childhood memories. Working alongside his father who owned a retail outlet that distributed significant personal use items for men, Hussain Sajwani understood the need for relying on business ethics while dealing with clients. Even so, his father encountered multiple challenges while dealing with shipments from China. However, he pursued all solutions to his problems because he needed to set a good example for his son. Well, he managed to achieve that as over the years Hussain Sajwani adopted the excellent leadership skills in business.


Joining the World of Business


While his father wanted him to pursue the family business and inherit it in the long run, Sajwani had other plans to pursue formal education and probably a white-collar job eventually. As such, he joined a medical training school in Baghdad. He focused on finishing his coursework. However, as life would later present its challenges, Sajwani decided to quit and move to the United States of America. From that moment, his life took a turn as he joined the list of students who landed a full education scholarship. Arriving in America to pursue economics from the Washington University, Sajwani managed to pass honorably and delve into the career industry. Sooner than later, he landed an employment opportunity at GASCO, a leading oil and gas company situated in Abu Dhabi.


DAMAC owner


The DAMAC owner worked for a few months before deciding to delve into a sole proprietorship where he leveraged catering services. As he recalls in his narrations during most interviews, the food catering services were leveraged to billions of clients across Dubai. That way, the DAMAC owner garnered sufficient resources to start a real estate property development company.


The Outline


The DAMAC owner is the current chief executive officer of DAMAC Properties, a company that provides luxury property to Dubai’s larger real estate market. He has partnered with billionaires and likeminded individuals to provide high-quality real estate to clients.


Life Lessons


From his early life and career, it is evident that Sajwani is persistent given that he hailed from a modest background where he was required to put in hours of work to learn business management. Perhaps he can also be described as a resilient business professional as he has carefully structured his career path and outlined his interests in the order he best preferred and found urgent.


More on Hussain Sajwani: https://www.albayan.ae/economy/local-market/2018-04-04-1.3228357

Jed McCaleb: A Brilliant, Visionary, Genius With Cutting-Edge Technology

Jed McCaleb, the co-founder of the universal financial network Stellar, believes technology should be consciously leveraged to improve the human condition and reduce inefficiency. A serial entrepreneur, McCaleb also created the file sharing network eDonkey, the first bitcoin exchange Mt. Gox and he founded Ripple in 2011. Realizing the global financial infrastructure leaves too many people without resources or the means for economic participation, in 2014 he co-founded Stellar.org. The goal of the financial network is to enable everyone to be able to enjoy economic participation.

At Stellar, Jed McCaleb is in charge of technical development. Stellar is a non-profit that contributes to open-source software and combines technology and digital financial literacy. It supports the Stellar network. McCaleb also advises MIRI, an organization which researches ways artificial intelligence can have a positive impact. He explained that the idea for Stellar came from his evolving interest in Bitcoin. He saw Bitcoin as more than an a new currency, but also a distributed database that connects financial institutions. He thinks the technology can potentially transform the world.

Jed McCaleb envisons Stellar helping the 2.5 billion people with no access to banking technology to save and send money cheaply and easily. He points out the financial infrastructure Stellar offers is already being implemented by non-profits and businesses. This includes South Africa’s Praekelt Foundation integrating Stellar into its open-source messaging app Vumi. Jed McCaleb constantly strikes a balance between leading technical development and management. He works in two modes, focused and reactive, to increase his productivity and efficiency. He codes and builds and handles the elements of running a business.

Excited about the potential artificial intelligence has to change the world, Jed McCaleb donates to the non-profit Machine Intelligence Research Institute. He also spends lots of time on planning, strategy and the essential elements of projects with global impact. His focus is on building great products. He doesn’t let failure stop him. His tenacity has led to his success. In January 2018 the value of McCaleb’s ownership of Ripple was $20 billion. On Forbes’ world’s richest people’s list he would have been ranked 40th.

Bob Reina: Change Is On The Way

There are lots of lost souls out there that are wandering and they are not sure where to turn to next or what to do next. Life perhaps throws them a curveball, and they don’t really know how to best handle it, deal with it, and adjust to it. That is why Bob Reina came up with the brilliant idea for Talk Fusion, the all-in-one video communications provider. For its users, it has video emails, video chats, video conferences, and video newsletters. It is for the modern worker that is happy and proud to work from home and they want to expand their business and get it in the hands of the right people.


The right people are the general public. They are quick to respond to something they like, tell their friends about it, and it grows. That is the beauty of what Talk Fusion does. Here is an example: if someone is a film reviewer and they want to alert their readers to their reviews, especially the new ones, they can send out a video newsletter to let them know to check out the video review they have posted so they can get more hits and more clicks. That is how it works in today’s world. It is all about going viral in a good way and having the world discover the talent of a film reviewer or anyone with something to say. Learn more: http://www.superbcrew.com/talk-fusion-delivers-award-winning-video-communication-products-and-video-marketing-solutions/


This allows people to work from the comfort of their own home, which means more time spent with family, friends, and loved ones. They also have more time for themselves as well, which is a tremendous feeling to have for a lot of people out there. They feel like they are finally living as opposed to simply existing. A new world has been opened up for them, and you better believe they are going to take advantage of it. This is all thanks to Bob Reina, the IT team, and every single worker at Talk Fusion. They make it happen. Learn more: https://homebusinessmag.com/author/bob-reina/


Once they make it happen, people start to see their dreams come true before their very eyes. Learn more: https://www.youtube.com/watch?v=73t_xeZFmIQ