Shark Tank’s Kevin O’Leary shares a story about his mother and a secret he learned about after she passed away. The Entrepreneur, who is also behind O’Shares and O’Leary Ventures reveals in the story how his mothers choices informed his investing style, which is heavily focused on dividends.
He goes on to discuss the two types of investments his mother chose, including her thinking and mindset in making those choices.
O'Leary also talks about the importance of the tax changes and why that is something that will benefit investors who follow his strategy.
In his money tip Kevin explains how people who can’t save can find the money to get on track. He also reveals another lesson from his mother that was a bit surprise. O'Leary also shares his 90 day money test that he does with his wealthy friends to help them stay rich.
O'Leary talks about an app that he launched called Beanstox that allows investors to buy small dollar amounts of ETF’s and market-leading stocks. It gets people into investing without having to commit large amounts of capital up-front.
Links to things mentioned in this episode
Kevin O’Leary’s financial literacy books the Cold Hard Truth series can be found here.
His app to start investing can be found at Beanstox
To learn more about the companies he backs as well as his wine business and more, go to O’LEARY VENTURES
Kevin also talked about his ETF business O'Shares