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Teeing up your Finances
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Establishing a Pre-shot routine is like creating a Pre-Investment Routine
Hey guys Dougie Ergood here, former division one golfer at The University of North Carolina and now Financial Advisor at Janney. Golf season’s right around the corner, so I wanted to share some tips for you golf lovers. I’m hoping this advice can not only lower your handicap but also help you become a more prudent steward of your hard-earned wealth. Let’s get started; one of the first big lessons that I learned about competitive golf is that pressure is real. On the course, pressure can make you become more conservative in your shot selection, or it can make you more aggressive. In my competitive years, I learned that having a pre-shot routine that I could rely on under pressure got me into a mental space where I had trust and commitment going into the next shot. During my senior year in practice, I made sure to diligently rehearse my pre-shot routine on the range before events. That fall when I was coming down the stretch to win my first college golf tournament that routine was what I fell back on to over
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Creating Diversification within Your Golf Bag and also Inside your Investment Portfolio
Hey guys Dougie Ergood here, former division one golfer at The University of North Carolina and now Financial Advisor at Janney. Golf season is finally here! Today, I’m excited to share some tips for you golf lovers. I’m hoping this advice can not only lower your handicap but also help you become a more prudent steward of your hard-earned wealth. Have you ever heard the term drive for show and putt for doe? I used to think practicing how to hit 300-yard drive was what I needed to lower my handicap. And hitting it long is important, but I learned the easiest way to lower your handicap is to focus on the other parts of your game like lag putting, wedge play inside 120 yards and becoming a good pitcher of the ball. A great teacher of mine once told me that I should devote 70% of my practice time to 120 yards and in refining my short game. Like having a wide variety of shots you can play in different circumstances, having a well-diversified financial portfolio is a great way to help you achieve steadiness and consistency in achieving your financial goals. My grandfather would always tell me that slow and steady wins the race, and I have learned that when investing peoples hard earned money, creating diversification within their portfolio is a great way to create growth when the market is up and maintain protection when the markets are down. Reach out to me if you want more help reducing your handicap and creating a diversified portfolio to achieve peace of mind with your finances. Thanks for listening.
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Having a Good Swing Coach in Golf is like Having the Right Financial Advisor
Hey guys Dougie Ergood here, former division one golfer at The University of North Carolina and now Financial Shepherd with Ergood Wealth Management at Janney. Welcome back to teeing up your finances! Today we are going to discuss how to constructively review your game and how to receive feedback in a way that will help you lower your handicaps. In college I had a few people in my corner that I knew I could rely on to watch my swing and give me the right feedback at the right time. Sometimes when they looked at my swing, they would tell me that I was on the right track and that I was about to break through and other times they would tell me that we had some work to do. This periodic feedback either gave me assurance that I was on the right track, or it gave me direction as to how to improve. This was critical in my development because without a swing coach I often found myself chasing my tail in practice or never having the trust to forget about swing technique and just go play golf. Like having a great swing coach, having the right financial advisor can be an important part to achieving your financial success. Having the right advisor to periodically review your plan can either bring you assurance that you are on the right track, or they can give you guidance as to how to improve your situation to meet the long-term goals you have. It is so important to have a swing coach who knows you deeply so they can give you the feedback you need to hear at the right time. At Ergood Wealth Management dad and I strive to be advisors our beloved clients can rely on to reach their financial goals. Are you interested in running a financial plan or needing someone to review your plan? Give us a call. We would love the opportunity to meet with you, to get to know you, and see if we can help you reach your financial goals.
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