
Episode 155 - Tom Suvansri: Escape the Passive Investment Trap - Take Charge of Your Wealth and Build Your Legacy
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Tom Suvansri talks about smart ways to build wealth, focusing on real estate, businesses, and private investments. He explains how life insurance can help store money safely and why it's important to control where your money goes.
Key Takeaways:
- Money is a tool for creating a fulfilling life, not the ultimate goal.
- Focus on investments you can directly influence, like real estate and businesses, instead of passive investments like stocks.
- Diversify, but make sure you're fully aware of your risks and control over each investment.
Resources:
Tom Suvansri is the founder of Perennial Pride and an MBA in finance from Penn State University. After a successful career in the pharmaceutical industry, he transitioned to help individuals and families gain financial control. Inspired by his personal experience with his parents’ financial struggles, Tom advocates for a proactive, personalized approach to financial planning. Through his company, he empowers clients to design their ideal financial futures, using strategies like the Virtual Family Office model to provide control, freedom, and certainty.
- https://www.perennialpride.com/
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