I've been a fantasy sports player since 2001. Accounting for 42 different teams over the last 7 years, with year-round activity due to the basketball, baseball and football seasons. And I figure, every year, a large chunk of my internet usage goes towards something having to do with fantasy: checking box scores, talking trash about other player's teams, reading fantasy articles, studying depth charts or watching live game feeds.
Recently, through my countless hours of internet research of obscure players (Jarvis Critteon & PJ Pope to name a few), I've come across a few articles and reports about America's financial situation. A good portion of these articles telling me there is no better time to get invested in... well... investing. Warren Buffet, the godfather of smart investing (compare him to that sagely person who introduced the person who introduced you to fantasy sports), is saying that now is the time to buy, buy, buy. He's saying there is no better time to participate in the market as good companies are being sold at sale prices.
And I say...why not? I've obviously got the time and energy to study things online. So what's the difference....buy low & sell high...right? That's all there is too it? The stat systems are slightly different. But when I started playing fantasy baseball I didn't know what WHIP was. So how is this very different?
So here I am standing on the precipice of investment. I've starting doing my homework: I know a little about what I'm looking for, I've read about some companies, and I've got just a tiny bit of cash set to invest. And that's the reason for this blog...I might as well catalouge this transition from Fantasy nut to Investment nut. So dip a toe in with me and see what this transition is all about...it is time for Mo' Invest, Less FS.
p.s. I'm not unhappy with Fantasy Sports...no, no, no...that's not what this is all about. I still love Fantasy and I'll continue to play in leagues where yo'mama jokes are prevalent and team names like Dominators are commonplace. But this is all about spending less time playing in $30 leagues with my college buddies and spending more time making my own personal money work better for me in investment.Instead of 2% percent returns from my savings account, why not see if I can't bump this up to 4% returns from a broad portfolio.
p.s.s. I'm a novice at investment and only decent at Fantasy sports, so don't take any of the info I include in this blog as part of a get rich quick scheme...cause I'm not liable for how you invest your money. Consider this an amusing journal about Investment based on Fantasy strategies. That's it.
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