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Financial Investments

by Jadrian

Athletes become broke after retirement because of overspending, unexpected expenses, and poor financial advice from third parties. Because of the prominence of reporting athlete salaries, distant friends and family pitch business ideas to athletes, most of which have no knowledge of the risk involved in starting a business. Safer assets are not viewed as exciting or sexy, despite their considerable safety. One way to help secure financial futures is to seek out financial advice from professionals who are educated in the field.

Abdullah Al-Bahrani and Darshak Patel have a great paper in the Southern Economic Journal that looks at using ESPN 30 for 30 to teach economics.

ESPN 30 for 30: Broke Clip 4

Athletes often make poor investment decisions

from 30 for 30: Broke (2012)
Creator: ESPN
Distributor: ESPN
Posted by Jadrian