Rethink Investing AUS & NZ’s Post

NEW EPISODE ALERT: "Deep Dive on NIL and College Sports Profitability" The economics of college sports are shifting dramatically, and everyone's feeling the impact - from athletic departments to fans in the stands. In our latest deep dive, we unpack: · 📊 Why most athletic departments were already operating at a loss pre-NIL · 💰 How NCAA and football revenues traditionally subsidized other sports ·  🎟️ The emergence of "NIL surcharges" and their impact on ticket prices ·  🏈 The challenging balance between athlete compensation and fan accessibility As someone who's worked in/followed college athletics, I'm particularly fascinated by how this new financial model is reshaping America's favorite Saturday tradition. The big question: How do we create a sustainable future that fairly compensates athletes while keeping college sports accessible to loyal fans? Listen now: https://lnkd.in/dcx84HVg #CollegeSports #NIL #SportsBusiness #Athletics #HigherEducation #BusinessOfSports #NCAA

March Madness has arrived, and I finished my bracket this morning just in time for the first game to start later today. Financial Planning is NOT like a bracket challenge. Often you have multiple goals all competing equally, and the point is not to have one winner, but to find a way to achieve progress towards them all. In that sense, financial planning is more like the consistent teams always at the top, following a proven process to be in the tournament year after year. On the other hand, choosing the right advisor IS like a bracket challenge. Some teams may do well initially in the tournament with one or two star players or advantages, but the strongest teams that go the farthest have well-rounded players with multiple advantages and a deep bench. Just like picking a winning tournament team, it’s important to ask the following questions when choosing an advisor: 1. Are they a fiduciary, acting in your best interest at all times? 2. What credentials do they have? (Look for the CFP(r) designation, the gold standard among financial planners.) 3. Do they have any areas of specialty? 4. What resources and support are offered? Partnering with the right advisor will take you far. If you have questions about where you stand towards reaching your goals, I’d be happy to chat. P.S. My Alma Mater won the ladies basketball state championship this year, and we’re still celebrating! 🎉 🖤💛 Oh, and I picked UConn to win the NCAA tournament for anyone that might be wondering. 😁🏀 #marchmadness #financialplanning #cfp

The NCAA tournament, affectionately known as March Madness, has become a cultural phenomenon in the United States. It's not just about basketball; it's about the thrill of competition, the camaraderie among fans, and the excitement of filling out brackets. Every March, millions of people across the country participate in office pools, family competitions, and online bracket challenges, all attempting to predict the outcomes of each game in the tournament. It's a tradition that brings people together, sparks friendly rivalries, and adds an extra layer of excitement to the games. In this week's Coach's Corner, Adam Koós draws an intriguing parallel between the excitement and unpredictability of the NCAA tournament, also known as March Madness, and the world of investments. Ultimately, whether you're cheering on your favorite team in the NCAA tournament or managing your investment portfolio, the key is to stay informed, stay focused, and be prepared for whatever surprises may come your way. READ Here: https://lnkd.in/dxzf4TBF #finance #cfp #fiduciary #libertaswealth #centralohio #retirement #feeonly #libertas #libertaswm #adamkoos #advisor #investing #stocks #bonds #commodities #etf #ncaa #basketball #marchmadness Adam D. Koós, CFP®, CMT®, CEPA Kim Warrick, CRPC®, CFP® Gina Howard

Always start with the fundamentals. Our daily reminder in sports: Caitlin Clark’s $28 million dollar deal was well covered by media outlets this last weekend. Most WNBA players are living a different financial reality. When it comes to planning and investing, these young professionals should remember basketball’s basics — the triple threat. 🏀 When first learning to play the game, players are taught to be ready to dribble, pass or shoot — depending on what the defense is giving them. 💸 In finance, individuals should be prepared to budget, save, and invest. A budget allows you to put a savings plan in place. An appropriate level of savings gives you the opportunity to approach investing with a long-term mindset. In a higher interest rate world, a well-crafted savings plan could be a difference maker. In any market environment, being patient and staying invested can lead to positive results. Like any sport — you have to game plan in personal finance. Unlike the game of basketball, this “game” lasts much longer than 40 minutes. #WNBA #Triplethreat #PersonalFinance #SportsAdvisors

Here is the link to the pod cast where financial and retirement expert, Jeff Gill, of Prak Mutual LLC, The American College of Financial Services, interviews about my thoughts on early and regular retirement. https://lnkd.in/dnJMnuj4

What is an NIL Deal? Who makes the rules? What should I be considering? Name Image and Likeness has changed the game for college athletes, allowing them to capitalize on their personal brand and identity. I encourage all athletes read the NIL basics and reach to me with questions. #NIL #athletes https://lnkd.in/gsdEdWyA

Financial own goals: five mistakes elite sports stars typically make 😒 Elite sports stars often earn significant sums of money, and it is essential that they make prudent financial decisions from an early stage. 🏃 Unfortunately, some successful athletes have made mistakes with their finances, leading to financial difficulties after retirement. Mistakes such as poor investment choices or involvement in tax avoidance or tax-limiting schemes can result in significant financial penalties and unwanted media attention. Additionally, overspending while income is high and neglecting future planning are common errors that can be costly. Therefore, elite athletes should partner with a seasoned wealth manager who can provide guidance and support in making informed decisions. By doing so, they can ensure that they are making the best choices for themselves and their families now and in the future. Read our article on the subject… https://lnkd.in/eSgyFS49 #financialeducation #wealthmanagement #moneymatters #financialwellbeing #reachyourgoals #savelittleandoften #financialadvice

|| NEW BLOG || In the 1990s, Ziv Carmon and Dan Ariely conducted a statistical study with students from Duke University in the United States. They managed to reach 93 students who were on a waiting list to buy tickets for a semi-final game of the NCAA Basketball Tournament. They asked them two questions.   1 - What is the maximum price you would be willing to pay to buy a ticket if you didn’t have one? 2 - What is the minimum price you would be willing to sell your ticket for, knowing you only had one? What do you think the results were? Before presenting them, it is important to note that basketball is a very popular sport at Duke, and this tournament is highly coveted. Excluding the most extreme cases, the students were willing to pay, on average, $166 for a ticket, while I estimate that its sale price was about $45 at that time. On the other hand, if they already had a ticket, the students would only be willing to sell it, on average, for $2,411. Read Jean-Philippe Legault, CFA's new weekly blog - Between The Lines - is available right here : #COTE100 #BetweenTheLineBlog

Athletes know that one of the foundational elements of a winning gameplan is a comprehensive playbook. That is why I am pleased to share Rockefeller's new "Financial Education Playbook for Athletes," breaking down how athletes - both young and experienced - can achieve long-term, sustainable financial success. To access this article please click below. #NYC #AthleteFinance #RockefellerCommitment #FinancialEducation #SportsAndMoney #SuccessPlaybook #FinancialLiteracy #FinancialLiteracyMonth #NFL #NBA #NHL #MLB #MLS #WNBA Leonard A. Marshall Jr.