No offense or judgement meant to anyone if that’s your thing (to each their own). That’s just how I see pretty much all professional sports - the super bowl is just the poster child for it.
No offense or judgement meant to anyone if that’s your thing (to each their own). That’s just how I see pretty much all professional sports - the super bowl is just the poster child for it.
You have the same amount of money invested in the market, yes… but you have fewer shares. If you have 100 shares and the stock price goes up $5 per share, you made $500. Then, you sell 10 shares to access that money, and now, if the stock goes up $5 again, you only make $450. If you want to keep your income the same, you’re gonna decrease your share amount each year…if you wanna maintain your actual spending power, it’s gonna go down even faster.
I see what you are saying. I’m not saying that investing all of your money in index funds and then selling your profits every year is by any means the smartest way to invest money. It was more just to illustrate how easy it is to make profit with the kind of money that NFL players are given, even if their careers are short.