Let's talk about fantasy football luck, specifically of the bad type.
In an auction draft, you get $200 to bid on players to complete your team. Here are four players I chose with my funds:
- C.J. Spiller - $62
- Doug Martin - $54
- Randall Cobb - $12
- Jermichael Finley - $3
Last two? Yep, they're on IR. First two? Underwhelming would be chartiable, and Martin and Spiller have moth missed a game due to injury (Martin might still be shut down for the season).
Moral of the story? When you have a good draft and some bad injuries, hold this Phil Hellmuth quote close to the vest: "If there weren't luck involved, I would win every time."
Links We Liked!
- At Funny About Money, a piece which is dubious about encouraging people to follow their passions - at least with their day jobs.
- On a related note, read the article that inspired that piece over at I Pick Up Pennies. Spotted: the sentence of the week, which ends with "...and there would be a plethora of full-time bloggers.". Don't quit your day job.
- Since it's the talk of the 'net this week, read this piece on the first born child getting all the advantages because of increased discipline. Of course, I'm a type-B artsy type first born, so I don't fit the mold at all.
- Control Your Cash knows that the Visa Black Card is a pretty poor alternative to the American Express Centurion. But hey, by all means, set off as many metal detectors as you can!
- Robb at Boomer and Echo has the lowdown on seven Canadian stocks with double digit dividend growth, if you're into that sort of thing. Of course, Tim Hortons makes the list!
- CEPR takes a look at people dropping out of the labor market - years after the recession ended.
- Jason Hull knows a good citation when he sees one - but he also writes some pretty epic pieces on incentives. This piece on fee based planning is a can't miss.
- New to me blog Mom and Dad money had an article about the downfall to using net worth. I mostly agree - but I would argue the biggest point missing is... age (followed by a few other factors such as location, health, profession, social skills, blah blah blah). Truth is, $1.5 million and $150,000 in a vacuum are vastly differing net worths (true). However, $1.5 million to a 62 year old couple with failing health and 2 kids in college living in Manhattan might be up against a 23 year old working the Bakken Shale with $150,000 in the bank. It doesn't tell the whole story - but you best be tracking it. See our piece on the four pillars of Personal Finance!
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