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865-From $14K Per Year to $100M in 7 Years: The Taylor Welch Story

Radical Personal Finance

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Why Your Financial Advisor Drives a Nice Car

There are only a few reasons that make sense to me as to why somebody would tell another person about their personal wealth. One reason is simply, it establishes credibility, right? If you want people to take you more seriously, you start to exhibit the symptoms ofr the expressions of wealth. That's why your financial adviser drives a nice car. He's trying to signal how successful he is and that he's made money. And so you express it to establish social credibility. A related or perhaps subset of that is you talk about your wealth so that you can get other people to pay attention to your wealth,. So that you can sell them products on how they also can get wealthy.

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