If you’re like me, you recently drafted players for your Fantasy Football team. As you sat online with thousands of other fans and fanatics scattered nationwide, chatting about and nabbing the best running backs, quarterback and kickers for your imaginary team, you may feel you learn little about investing. Wrong call.
Fantasy Football is a billion dollar business that has more to do with investing than you might think. The thought process involved with picking and managing your team can be similar to investing in your 401(k).
Here are mistakes to avoid on the make-believe gridiron and in our very real stock market.