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

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The Yield by Yieldstreet is a podcast that helps explain ways you can put your money to work and bring you closer to your goals. Every week we provide you the latest insights about public markets, private markets, and alternative asset classes from experts with skin in the game. We have a clear goal- to help you find new ways to break the mold and invest beyond the stock market potentially achieving greater rewards. Yieldstreet levels the playing field for investors and the Yield is your passport to opportunity.