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How Fantasy Football Can Teach You About Investing

| September 26, 2017
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Are you a football lover who also has an interest in investments? Whether you are a seasoned investor or just dipping your toe into the water, you might be surprised to learn that football and Fantasy Football season can actually teach all of us a thing or two about proper investing techniques.

Football captures the attention of millions of Americans every year. Imagine, knowing the similarities between football and investing, if we gave that much attention to our short and long term financial goals. While investing may not give us the same excitement and thrill as football, it will have a much greater impact on you and your family’s life.

Investing isn’t easy, especially for those just starting out. While it is helpful to have a skilled and experienced financial advisor by your side, it is also wise to understand the strategies and terminology that is associated with investments. So why not learn them in football terms? For sports lovers, it might make more sense and you are likely to lock them to memory:

1. Create your goal – Anyone involved in investing, just like Fantasy Football, has goals (and a process to meet those goals). With investments, there is typically a six-part process. In fact, the CFP Board – the Certified Financial Planning Board of Standards – created an easy six-part process that goes by the acronym EGADIM. This stands for:

  • Establishing a goal for the process
  • Gathering data
  • Analyzing the data
  • Developing a plan
  • Implementing the plan
  • Monitoring the plan

If you happen to be a manager for a Fantasy Football league, you might be familiar with some of the above steps. When it comes to Fantasy Football however, the overall process is simpler – win your league by amassed points or by record. Both the investor and Fantasy Football league manager have goals, one is just more complex than the other. However, to reach either of these goals, they must be broken down into sub-goals. Sub-goals for an investor revolve around EGADIM, whereas sub-goals for a league manager may revolve around defense, passing or rushing plans in order to achieve the final goal.

(Credit: Investopedia)

2. Collect your data – Whether league manager or investor, you will need to accumulate data from multiple sources in order to reach your goals. Once you have compiled all of your data, it must be broken down just like you did with your goals. When working with your financial advisor, he or she will likely break down this data and discuss multiple investment vehicles, earning reports, retirement and other aspects to help you determine which will be chosen as “players” in your financial plan. With Fantasy Football, it may include breaking down data and concentrating on yards and completion percentages or touchdowns in order to reach your end goal.

(Credit: Forbes)

3. Deciding between offense and defense positions – Just like every football team has offense and defense positions, you will either be on the defensive or offensive side of investing. Let’s explore this a little further: Offensive investors are typically known as risk-takers and have a more aggressive approach to investing. The goal in this mindset is growth – and offensive-minded investors would do well by speaking to his or her financial advisor about growth stocks and other aggressive investment vehicles. Defensive investors are more passive in nature, and prefer a slow, steady method of investing. If this sounds like you, speak to your financial advisor about diversified portfolios that offer slow growth over time.

(Credit: Fidelity)

4. Finding a good coach to reach your goals – A successful football team needs a skilled coach. The same is true for reaching success in your investments. This is where a knowledgeable financial advisor comes in. Every financial advisor is different in terms of his or her knowledge areas, designation/education/certifications, costs, personality, strategies and more. Meet with a financial advisor today to find out what game plans he or she can create to help you win at investing!

By breaking down investment terminology into football lingo, it’s easy to see the similarities between the two. Learn more about the complexities of investing with the help of an experienced financial advisor. Browse to find out more about making a financial plan and setting your goals. 


Matt Logan is a Representative with Matt Logan Inc., and Summit Brokerage and may be reached at, 336-540-9700 or [email protected].   

Matt Logan Inc is an independent firm with Securities offered through Summit Brokerage Services, Inc., Member FINRASIPC. Advisory services offered through Summit Financial Group Inc., a Registered Investment Advisor. Summit Brokerage Services, Inc., its affiliates and Matt Logan Inc. do not give tax or legal advice. You should consult an experienced professional regarding the tax consequences of a specific transaction. These are the views of Matt Logan Inc, and not necessarily those of Summit Brokerage Services, Inc. and any of its affiliates and should not be construed as investment advice.

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