05-08-2021, 08:53 AM
Fenders, I know a few that did the Dave Ramsey method and don't have a credit score, but they do have a ton of investments.
Now HVAC guys are a different. I know a couple that are like him and do a lot of work under the table. Most have a ton of cash sitting in a safe. One client from a previous job told me he had around $400k sitting in cash in his safe. Thought all financial planners were crooks (pot meet kettle) and he didn't trust the stock market. That was about 7 years ago so I wouldn't be surprised if he wasn't sitting on $600k or more now. He missed out on a huge market bull run, but he didn't want to pay taxes.
Now HVAC guys are a different. I know a couple that are like him and do a lot of work under the table. Most have a ton of cash sitting in a safe. One client from a previous job told me he had around $400k sitting in cash in his safe. Thought all financial planners were crooks (pot meet kettle) and he didn't trust the stock market. That was about 7 years ago so I wouldn't be surprised if he wasn't sitting on $600k or more now. He missed out on a huge market bull run, but he didn't want to pay taxes.