For those of you who don’t know me, my name is Otha Anders and I have spent the last 20 years working in the financial services industry as a financial advisor. The purpose of this piece is to take you through one of the biggest investment mistakes I ever made and how I turned it into my greatest blessing ever! And that’s exactly what it has been, a blessing! Now I would like to share with you…
My Investment Story
If you’re an entrepreneur, then you know that your business is always going to be a work in progress. It can be a difficult challenge to find that balance between what’s best for your company and what’s best for yourself.
Your happiness means everything; if you’re not happy in what you do, then it shows through in everything you do—including how well you run your business.
How to Not Make the Same Mistakes
Otha Anders made a big mistake when he got into real estate investment: He didn’t learn what he was doing before he started! The result? His biggest money pit ever.
Luckily, Otha learned from his mistakes and now knows what to do—and what not to do—before making an investment decision. Follow these six easy steps to make sure you don’t repeat Otha’s mistakes!
There’s a lot to learn about investing in your twenties. I learned a lot of lessons—and made a lot of mistakes.
Here are three big ones that changed my life:
1) Most investment plans don’t work
2) Money can be made while keeping your expenses low
3) Be aggressive when you have money to invest, but be patient and very careful with your funds when you don’t have as much in savings.
What We’re Doing Differently Today
With Otha Anders, we’re shifting our investment approach to take advantage of a wider range of market opportunities and deliver stronger returns.
Specifically, we’ve launched new U.S. Large-Cap Growth and International Large Cap Growth strategies that invest across equities and fixed income markets, while also keeping costs low by focusing on exchange-traded funds (ETFs) instead of more expensive actively managed mutual funds or separate accounts.