Shaquille O’Neal might be many famous for his bravery on a court, though a NBA hall-of-famer also knows a thing or dual about money.
And a basketball all-star’s tip square of financial advice?
Save 50% — immediately.
On Tuesday’s “Halftime Report” he pronounced a many critical financial order for immature people should be to save half of their paycheck right away.
But that’s not all. He went on to contend that a truly intelligent people — a people who turn billionaires — will put divided 75% of their income for retirement.
The remaining 25% can afterwards be used to “have fun.”
In a difference of Shaq — “to buy houses, planes, cars, we wish to travel? [It’s for] carrying fun.”
Shaquille O’Neal has been as successful in a business universe off a justice as he was while on a court.
Since timid from his 19-year veteran basketball career O’Neal has taken on a series of business ventures — from owning grill and gym franchises, to opening nightclubs, to many recently apropos a face of JCPenney’s “Big Tall” business.
Shaquille O’Neal was one of a special guest during BTIG’s annual gift day, where celebrities, business titans, and athletes buy “honorary” shares on BTIG’s trade table — all in a name of charity.
Since a eventuality started 15 years ago, some-more than $45 million has been lifted for a series of charities around a globe.
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