Do professional poker players consider their retirement with investments?

[absolutista2021]

I ask this, because I understand that bank management and many other skills of professional poker players make it ideal if they are getting older to move on to investments since they have good working skills... What do you think about it? I listen to you, greetings and excellent day for everyone

 

[odonob]

If you have that mentality I doubt if pension pots are in the equation. Most professionals might back themselves to earn money when the need arises.

 

[Igor G]

I ask this, because I understand that bank management and many other skills of professional poker players make it ideal if they are getting older to move on to investments since they have good working skills... What do you think about it? I listen to you, greetings and excellent day for everyone

I can't say whether they think about their retirement, but if they are professionals and if they invest, they definitely think about profit. The profit that a player earns playing poker can be invested in passive and safer financial instruments, such as shares in large companies, securities, or even real estate.

 

[dreamer13]

This option is possible. The portfolio can include bonds, bond funds, deposit certificates and dividend-paying stocks. Another approach is to regularly withdraw funds from investment income and principal. In this case, the investments are managed for the purpose of obtaining an overall return. Everything is bought with poker money.

 

[pentazepam]

 

[Deluded1]

I ask this, because I understand that bank management and many other skills of professional poker players make it ideal if they are getting older to move on to investments since they have good working skills... What do you think about it? I listen to you, greetings and excellent day for everyone

im pretty sure alot of the pros have some sort of investment portfolios such as crypto i know alot of the poker streamers do

 

[fishvolatil]

Some of them definitely do, apart from immediate and long-term investment activities, some players actually retire early for better quality of life.
I suppose it's the same in any area - once you have the means to do whatever you please, you can choose to just waste all your funds or to make changes to your lifestyle.

 

[s0ftdumps]

bankroll management, investing, retirement planning, simple budgeting ... i hope someone analytical enough to be a professional would be versed in these things if they are smart enough to make the game a profession. that would be pretty crazy if they got to the professional level and haven't considered/mastered these other skills..s

 

[phuchoidey1]

Of course I think every pro think about that they will keep their money in bank roll and I think some retire from very young

 

[TeUnit]

I hope everyone considers their investments as they relate to their retirement.

I have seen a couple of pros who have set up retirement plans and may even help their stables with retirement planning and investments.

 

[absolutista2021]

If you have that mentality I doubt if pension pots are in the equation. Most professionals might back themselves to earn money when the need arises.

yes! thanks! the pention is very low in comparative with inversión i think! sorry for my english i from argentine!

 

[absolutista2021]

I can't say whether they think about their retirement, but if they are professionals and if they invest, they definitely think about profit. The profit that a player earns playing poker can be invested in passive and safer financial instruments, such as shares in large companies, securities, or even real estate.

wow! thank you for your answer!

 

[absolutista2021]

Esta opción es posible. La cartera puede incluir bonos, fondos de bonos, certificados de depósito y acciones que pagan dividendos. Otro enfoque es retirar regularmente fondos de los ingresos de inversión y el capital. En este caso, las inversiones se gestionan con el fin de obtener una rentabilidad global. Todo se compra con dinero de póquer.

Wow! Amazing answer! Thanks!

 

[absolutista2021]

View attachment 390454

okey! i understand the bitcoin to the moon! wow, bitcoin is a pro inversion i think! thank for answer my post!

 

[absolutista2021]

im pretty sure alot of the pros have some sort of investment portfolios such as crypto i know alot of the poker streamers do

great! thanks!!!

 

[absolutista2021]

Algunos de ellos definitivamente lo hacen, aparte de las actividades de inversión inmediatas y a largo plazo, algunos jugadores se retiran temprano para una mejor calidad de vida.
Supongo que es lo mismo en cualquier área: una vez que tienes los medios para hacer lo que quieras, puedes elegir desperdiciar todos tus fondos o hacer cambios en tu estilo de vida.

Very very true! thank you for answer!

 

[absolutista2021]

bankroll management, investing, retirement planning, simple budgeting ... i hope someone analytical enough to be a professional would be versed in these things if they are smart enough to make the game a profession. that would be pretty crazy if they got to the professional level and haven't considered/mastered these other skills..s

yeah! good answer! thank you for answer!

 

[absolutista2021]

Of course I think every pro think about that they will keep their money in bank roll and I think some retire from very young

thank you for answer! yes, is important retire from very young or not, if the professional player want play to 60 years old, but a plain of retire is necessary thinking much years before of the retire, for a good proffit in the retire!

 

[absolutista2021]

I hope everyone considers their investments as they relate to their retirement.

I have seen a couple of pros who have set up retirement plans and may even help their stables with retirement planning and investments.

very great answer! thank you very much for your perspective!