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Life Delivers Random Results

In the last 60 days we have seen several amazing sporting events. The completion of the Triple Crown by Justify. The NHL playoffs with the Vegas Golden Knights going to the finals in their inaugural season. The French Open with Rafael Nadal winning a record-setting 11 th time. The NBA playoffs with Golden State taking the championship 3 out of the last 4 years.

During these major annual sporting events, the athletes are performing at their peak. They train their whole lives to reach this level, but their individual performances can be random and unpredictable.

Steph Curry in the NBA Playoffs

For example, let’s take Steph Curry from the Golden State Warriors.

In Game 2 he hit a record-setting 9 out of 17 (53%) 3-pointers, looked unstoppable with 33 points, and led his team to a huge win at home.

Fast forward three days later on the road to Game 3 where Steph shot a career low 1 out of 10 (10%) from downtown and barely broke double figures. The result . . . the Warriors won again.

From Game 2 to 3 we saw Curry go from hot to cold and from up to down. His individual performance was unpredictable. Just like in sports, life can deliver random results.

What Do Sports & Capital Markets Have in Common?

This is especially true in the capital markets. Despite the ups and downs of Wall Street, you have to stay the course in your financial plan. There are good years and bad years. However, the good years outweigh the bad years in the long run and sticking with your plan will deliver positive results.

Interested in learning more about creating a financial plan to keep your finances on track?

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