Roger Federer gives financial tips: "Dream big - but play it safe"
Roger Federer does not take too much risk on the financial floor.
by Florian Goosmann
last edit: Nov 30, 2019, 07:48 pm
On the tennis court, Roger Federer is known as a man who likes to take risks - when it comes to his finances, the Swiss player prefers a quieter ball. Federer revealed this in a recent interview with CNBC. And that's exactly what his tip for younger players is.
"Of course you're gonna tale chances on a tennis court, or in life at times. But at the end of the day I like to be conservative," says Federer.
He recently joined the Swiss shoe company On as a shareholder, with less than ten percent, but he has invested so much that he had to think twice about doing so. And that must mean something, after all, according to Forbes Federer between June 1, 2018 and May 31, 2019 around 93.4 million US dollars - thanks to advertising contracts, inaugural and prize money.
His conservative approach to investing was probably also "a Swiss mentality," the 38-year-old continues. "I dream big, but yet we play it safe." He has never made "crazy investments", the world ranking third parties, even if the entry is on his biggest ever. "But I am very confident and believe we're gonna have a great future above us." And Federer gave another tip, which might be interesting for many young players. "You have to be careful and surround yourself with the right people."
While Federer has currently attracted attention especially in the business sector, he wants to attack again in 2020 on the tennis court. Although he has canceled his participation in the premiere of the ATP Cup at the beginning of the season, at the Australian Open he wants to be back in top form. The first Grand Slam tournament of the year takes place from January 20th to February 2nd in Melbourne.