Monday, February 4, 2008

What We Can Learn From the Super Bowl

So much has happened yesterday and more tomorrow.

Congrats to the New York Giants for winning the Super Bowl. Things we learned:

1) Playing every game counts. The Giants learned that they could beat the unbeatable when they met in week 17 when there was nothing to play for.

See what not playing earns to: Tampa Bay and Indianapolis.

2) Confidence is different than cocky.

See Giants and trademarking 19-0...weeks ago.

3) And for my loving wife. Cheaters never win.

See a former teacher of mine that said, "If you cheat, you suck."

Now, what can we take from this to your finances and investments?

1) Confidence. Believe in your picks. If you have studied a company and believe that company fits your plan, jump on it.

Paralaysis by analysis is deadly. See Peyton Manning, and as seen yesterday the Patriots.

2) Change your gameplan when needed. What worked yesterday may not work today, or tomorrow. When it comes to your portfolio, cut the losers when you need to. Rebalance yourself when needed.

See Patriots not playing their "game" , relying more on their previous "cold weather" game plan. Did they realize they were indoors?

3) Cheaters never win. Just because my wife wants me to say it.

Now that we have crowned a new champ and seen a historic "choke" we are now set up for Super Tuesday.

I am sure that we will have more to learn and how it still fits in your investment portfolio.

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