This is a YouTube video titled "3 Types of #Investors #millionaire #doctor #wealth #money" containing a monologue or presentation from January 16, 2025, discussing three categories of investors: do it yourselfers, validators, and delegators, explaining their characteristics and advising viewers on how to identify their type and choose financial advisors accordingly.
Investors basically fall into one of three categories. The first is a do it yourselfer. The second is a validator, and the third is a delegator. Okay, a do it yourselfer is somebody who does everything themselves. They don't use a financial advisor at all. They look at the price and they're like, no way am I paying somebody a few thousand a year for something I can do myself. What's a validator? Well, this is somebody who doesn't want to pay the full price for a full service financial advisor. They just want to check in with them every now and then. Then the last category is delegators. These are the people like, I do not enjoy this stuff. Figure out, are you a DIYer? Are you a validator? Are you a delegator? Figure out which one you are. And then if you find you're a validator, look for an advisor that serves validators. If you find you're a delegator, find an advisor that serves delegators.