Steve Down Reveals 5 Goals for the Intelligent Investor

[Dustin Ruhl]

Investing is difficult and growing wealth perhaps even harder, even when you know what you're doing. For Steve Down, investing is also about social causes. Steve Down is the owner of Financially Fit, a firm that helps individuals grow their wealth and get them to where they want to be. He has summarized his investment approach into five bullets, the first three of which are known for anyone who has attempted investment: hold on to your capital, create cash flow and, thereby, create wealth. The last two, however, are what make Steve Down so interesting and worth listening to. He has made it important to himself (and wants to spread the message to others) to create a legacy of impacting his world, that world which he *lives* in. He includes in his goals of intelligent investing a leg promoting a social component of having a cause and helping it along as you grow your wealth. In creating wealth, he takes opportunities to start companies and partner with non-profits to target social needs. It is novel from the investing angle: grow a business and use it to leverage a social cause. Steve may not be unique to this approach but he is definitely talking it up. For investors out there with a similar goal, Steve Down is definitely worth listening to. He is someone intent on wealth creation and planning *with* social causes.

Key Takeaways:

• The Intelligent Investor by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing.
• The Intelligent Investor is based on value investing, an investment approach Graham began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd.
• This sentiment was echoed by other Graham disciples such as Irving Kahn and Walter Schloss.

"Creating cash flow enables investors to sustain themselves and their families along with their investing as well as growing their businesses and portfolios."

Read more: https://thinkrealty.com/steve-down-reveals-5-goals/