What Athletes Should Do When They Experience Financial Pain
If you have physical or mental pain, you go to your doctor. Are you able to trust the doctor you go to for medical advice? You would like to think the doctor has the expertise from years and years of experience, so that he/she could help you with your pain, right? You put your trust in your doctor due to the fact he has more knowledge of medicine than you do.
If you have someone who is going to bring you to court, you have legal pain. You therefore consult an attorney and hope that the individual or firm has the expertise from years and years of experience. There are no guarantees you can win your case, but you put your faith in the attorney because he/she has more knowledge of the law than you do.
How often have you had financial pain in the past? Everyone does have financial pain in some form or another or definitely will in the future. Naturally, you would choose to seek advice from a financial advisor who has the expertise through years and years of experience. You would put your trust into that person because he has more knowledge of finances than you do.
One typically has financial pain if he has lost money in an investment, he has paid too much in fees, or he procrastinates and does “nothing” with his funds. Take a moment and think about whether you or someone you know has “financial pain” and remember, any financial pain is repairable is some form or another.
Disclosures. The information contained herein is neither an offer to sell nor a solicitation of an offer to buy any security. Past performance is not a guarantee of future results. Further, the information herein is intended solely to provide general information and does not constitute a promotion of any offerings or products. Donald J. Kushner is an independent financial advisor with Arque Capital, Ltd., and does business as DK Sports Financial. Arque Capital, Ltd., and DK Sports Financial are unrelated entities. Securities offered through Arque Capital, Ltd. 7501 E. McCormick Parkway, Suite 111 North Court, Scottsdale, AZ 85258. (602) 971-9000. Member FINRA/SIPC. Any unauthorized reproduction of this information is strictly prohibited.