An NBA Player’s Journey Into Alts

Diversification is a key to smart investing at every level. On this bonus episode of The Yield, Milind Mehere and Spencer Dinwiddie take a deep dive into what it means to pursue financial freedom, the importance of financial literacy, and how money has played a role in Spencer’s life.  Washington Wizards point guard, Pac-12 all conference honoree, Calaxy founder, sneaker designer and entrepreneur, Spencer shares more on the importance of learning to manage large sums of money overnight as a budding NBA All-Star, and when he started to plan for life after basketball.Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260Key Takeaways:[1:15] Widdie’s basketball, entrepreneur, creator and philanthropic background. [3:32] A balanced approach to the calculated investing of an NBA salary. [5:56] Who first inspired Widdie to invest his time, talents and money? [8:32] The importance of diversification in your investments. [10:45] The what, where, how and why of investing in startups. [14:48] Why does Widdie continually expand his business and investment knowledge base?[17:28] Widdie’s motivation and mentors when investing in entrepreneurial ventures. [19:33] The importance of philanthropy and giving back to your community. [21:05] Lessons learned from the Brooklyn Nets and the Detroit Pistons. [23:44] What’s next for Spencer Dinwiddle? Mentioned in This Episode:Yieldstreet