Sex Workers Need Financial Advice Too


Legal sex worker Alice Little tells ThinkAdvisor how she invests her earnings and teaches her colleagues about business management.

Lady of the evening Alice Little is bringing new value to the world’s oldest profession. It’s all part of the 20-something’s ambitious “Million-Dollar Sex Work Business Plan.”

 So far, the legal sex worker is making out ahead: With $1.2 million in bookings last year, she is the top earner at the Moonlite Bunny Ranch, Nevada’s best known legal brothel. In an interview with ThinkAdvisor, the conscientious courtesan reveals the secrets to her success.

 Among those secrets is financial planning. Author Allison Schrager visited the Ranch while doing research for a book on risk management. “They have the best financial literacy program I’ve ever seen,” including regular visits from a financial planner, she told ThinkAdvisor in an interview.

 As for her investment portfolio, Little favors real estate for retirement planning and already owns some small properties. At this point, she is not invested in stocks or bonds.

 Commenting on her retirement investing, advisor David Edwards, the founder of Heron Wealth in New York City and who, for the last 15 years, has counted Sydney Biddle Barrows aka “The Mayflower Madam” on his client roster — but not Little — says: “[Little] is taking a lot more risk than she understands. She reminds me of professional athletes who are making a ferocious amount of money now but who don’t understand that their career is shorter than they think and that liquidity is more important than they think.”

 He continues. “[She] should have an account with six months’ of emergency money in T-bills or CDs and another account — maybe bonds — for some specific five-year goal. She should also open a SEP IRA or a Roth SEP IRA.”

 And “real estate isn’t a safe investment,” Edwards says. “She should get a real estate broker license to know everything a real estate broker knows.”


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