1 February 2018
Bad investment decisions contribute greatly to the financial problems of professional athletes. Unfortunately, athletes are an easy target for many shady financial predators, who promise them ‘sweet deals’ with huge returns in a short period of time.
This month we deal with the basics of investing and how Money Smart Athletes can create successful investment strategies and plans, in accordance to their values, which will help them generate enough income to support the lifestyle they envision and lead them to financial freedom. With so many ‘get rich quick’ schemes out there which try to sell the improbable dream, Money Smart Athletes need to have the knowledge which will help them make educated decisions for themselves and control their emotional responses to risk and the market.
We believe that knowledge forms the foundation of any successful investment strategy. We hope that we will give Money Smart Athletes the tools to help them invest wisely and make their money work for them!
Athena P. Constantinou