Young sportspersons in particular are likely to be subjected to sudden and substantial increases in earnings, and because of this, it’s difficult to think about long-term financial security, or any financial difficulties that may arise in the future. They are often surrounded by people who do not have their best interests at heart, which can result in bad investment decisions and get used to a certain lifestyle which would be unsustainable once their sporting career ends.
Property has endured as one of the safest and most effective methods for would-be-investors to securely build up wealth over time.
It provides both a monthly income, as a well as an accumulation of assets that will mean financial security late into life.