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I Want to Go to Every Single Stadium or Arena in the United States to Watch My Favorite Sporting Events from the NFL, MLB, NBA, and NHL. How Do I Do It and Can a Financial Advisor Get Me There?
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A recent study by St. Bonaventure University and Siena research has found that 70% of Americans are sports fans, with 21% self-identifying themselves as “avid” fans. Football was by and large the biggest winner, with 72% of those surveyed calling themselves football fans even if they don’t identify as sports fans. While football may need to be renamed as the national pastime, Americans have a panoply of professional sports and teams to choose from. In fact, our country is so spoiled in terms of sports availability that a different report from Learfield in 2021 reported that 65.5% of the US adult and teen population are college sports fans. The Learfiled report calls the college sports fan the largest and most affluent fan base in the country, with 538 million households watching NCAA football and men’s basketball. 69 million of those fans attended games in person in 2019. America also has plenty of fans that fall outside of the traditional and highly-populated NFL, MLB, and NBA franchises. Major League Soccer (MLS) has 29 teams and a rabidly-loyal fanbase, even though their games aren’t televised nationally. It’s long been known among those in the marketing industry that MLS could never really take off in the US because their games aren’t suited for advertising, which is how the other leagues fund their massive player salaries. I’m personally a fan of lacrosse, which has had a notoriously difficult time finding a profitable way to keep a professional league going and crowds large enough to fill a stadium. College lacrosse at one time was relegated to east coast teams like the powerhouses of Syracuse, St. John’s, Duke, Notre Dame, and Virginia, but I played lacrosse for my college team in Texas. A guy can dream that one day I’ll be able to attend a full-sized stadium professional lacrosse match, but after the Major League Lacrosse (MLL) and Premier Lacrosse League (PLL) merged in December 2020 and moved to a tournament format, I don’t know if that’s likely. My son has been infatuated with baseball since he was a toddler. Since lacrosse is not very big where I live, baseball has become the object of my sports passion. It’s been a great opportunity for father and son time to bond at professional baseball games, and I started wondering about the ability to merge two of my long-term fatherhood plans with him: taking my kids to travel the country and spending time bonding with him at baseball games. Being analytical by nature and working as hard as I can to encourage all dads to find things to bond with their kids over, I decided to dig into an exercise to answer a question: what would it cost to visit every professional stadium in the country to take in a ballgame with my son? “Many people dream of being able to go to every single stadium or arena in the United States with their friends and family, and even more so when one of their children falls in love with sports, “says Leonard Kim of AdvisorCheck. “Most people are unaware that going to do all these things is well within scope of what they can achieve in their lifetimes, but it’s actually possible. And working with a financial advisor can help make that dream become a reality much quicker than doing it on your own,” Leonard continued. Whether this sounds like something that is appealing to just you, you and your kids, or a group of buddies, let’s look into the logistics and numbers to find out how we could make this dream a reality.
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While my personal favorite sport is lacrosse, my son loves baseball, and I have friends who are absolute fanatics about their football, baseball, basketball, and even hockey teams. To get to the heart of working out this problem, we let’s go through each sport individually, so you can see exactly how much it will cost for you to attend a game at every arena or stadium for your favorite sport (or all of them if you love all types of sports). The game schedules for the various leagues are wildly different in both frequency and travel schedules. NFL teams play once a week while they are in season, with one bye week. This leads each NFL team to have 17 regular-season games. Your chances to see them play live in a stadium will increase if they get into the playoffs or the vaunted Super Bowl. Super Bowl tickets are notoriously expensive, and you can read how to plan financially to attend here. Inflation has caused the prices of everything to rise substantially over time, and NFL tickets are no different. The average cost for an NFL ticket was just under $200 in 2012 ($190 to be exact), and had risen to $457 by 2021. NFL games bring different ticket prices depending on who is playing, and there can be a wide margin of differences between ticket prices for games. Here are some examples of the highest ticket prices for different NFL games in 2022: The MLB has games far more frequently, with each team being scheduled to play 162 games per year (81 as the home team and 81 as away) since 1998. This not only makes it far easier to take in a game of your favorite professional baseball team (more opportunities per season), but it also makes the tickets less expensive (supply and demand at work). According to a study by the online newsletter, The Hustle, the average cost for a family of four to attend a professional baseball game was just $204.76 in 2022. It wouldn’t be a baseball game if there weren’t some “incidentals” included (personally my favorite memories of ballgames with my dad were of the hot dogs and snacks he always got me). To come up with that average cost, The Hustle calculated the cost of four tickets, four hot dogs, two beers, two sodas, and parking when taking your family to see different MLB teams play. Some of those calculations from the article were: To show just how much prices have risen in our country due to inflation, The Hustle also looked at prices for the same family of four to attend a ballgame in 1960, adjusted those prices for inflation (which has risen 888% since 1960), and then compared them to today’s prices: If you noticed, while inflation basically doubled the prices of all things game-related, the actual prices have risen by around 1,000%. Several factors are at play here that are outside of the bounds of this article. Suffice it to say, everything really is far more expensive than it was for our parents' generation, even when adjusted for inflation. All professional sports teams provide multiple levels of pricing to see their games. There are the “upper crust” box seats that can run tens of thousands of dollars per game, sideline or dugout tickets (at field level in the first row) at the next level of pricing, mid-tier tickets, and then there are “nosebleed” seats that are often within pricing reach of the average sports fan who wants to attend games.What Would the Tickets Cost for Different Professional Sports?
The Costs of an NFL Game
Game Date Avg Price High Price Low Price Buccaneers at Cowboys Sept 11 $1,119 $31,185 $189 49ers at Raiders Jan 1 $1,316 $8,663 $558 Broncos at Raiders Oct 2 $1,370 $8,663 $352 Packers at Buccaneers Sept 25 $1,346 $7,801 $334 Broncos at Seahawks Sept 12 $1,469 $6,729 $399 The Costs of an MLB Game
Team Ticket Beer Soda Hot Dog Parking Total Red Sox $61.71 $9.50 $5.50 $6 $23.53 $324.37 Cubs $56.83 $10.49 $5.99 $6.49 $26.61 $312.85 Yankees $61.59 $6 $3 $3 $26.50 $302.86 Astros $58.61 $7.50 $5.50 $6 $9.30 $293.74 Nationals $48.95 $9.95 $5.75 $6.95 $24.30 $279.30 Avg of all stadiums studied $35.93 $6.87 $5 $5.13 $16.79 $204.76 Item 1960 1960 (adj for inflation) 2022 Avg Prices Tickets $1.91 $18.86 $35.93 Beers $0.35 $3.46 $6.87 Sodas $0.18 $1.78 $5 Hot Dogs $0.35 $3.46 $6.87 Parking $0.25 $2.47 $16.79 Total Family Cost $10.35 $102.23 $204.76
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Teams in the NBA play 82 games each season, putting them at far more than the NFL but just under half of what MLB teams play. Like the baseball teams, the NBA season is set up for half of their games to be at home and half away, which opens up plenty of opportunities if you want to see your favorite team pound the planks in every arena. According to TicketSmarter.com, every NBA franchise will have different price points for every game. These prices can change based on the team’s popularity, rankings at the time, how well they play, and if they have any superstars on the team. The average ticket price across the league is between $85 and $95. Bookies.com performed their own version of the baseball study mentioned above by The Hustle, with their findings that it will cost a family of four an average of $288.38 to get the cheapest tickets available, parking, four hot dogs, two beers, and two sodas. Let’s break down the costs for a few of the most expensive NBA teams and the overall average cost: There is an interesting point made in the Bookies.com article/study linked above. NBA games will be priced according to which teams are playing, but every single team drastically increased their prices when they played the Lakers. Long story short: expect to pay more if you want to watch your favorite team dual it out with Lebron. With 1,312 games in the NHL schedule, professional hockey teams play the same number of games as the NBA teams: 82 each. Also like the NBA, hockey teams will change their ticket prices based on how well the team is performing, how popular the team is, and what team they are playing that week. Overall, the average price of an NHL ticket is $90 to $130. There aren’t any cost studies that are quite as intricate as the ones for the MLB and NBA, but I was able to find some that listed the costs of games and the most expensive incidentals (beer, hot dogs, and parking) from Time2Play.com. Because it’s hockey, the prices are listed in both US (USD) and CA (CAD) dollars, based on the total cost of attending a team’s games during the 2021-2022 season: And the most expensive overall costs for NHL games are: It should be noted that all of the above are based on average ticket prices. Every sports team sells tickets with varying levels of luxury, from fully-catered box seats to floor-level seats and nosebleeds. For the purposes of this article and investigation, I’m not even looking into the luxury options because I don’t have a billion dollars to spend on sports tickets! If you do…congratulations to you. Each NFL team plays 17 games in the regular season with one bye week, making the NFL regular season 18 weeks long. That extends to the post-season playoff and Super Bowl games, but where those games are played changes every year, and the cost of those tickets is typically far higher than regular season games. Since there are 30 full-time NFL stadiums but only 18 games in a season, even if I went full-tilt and traveled every single weekend it would take me nearly two seasons to take in a game at every single stadium. If I were only going to take in a few games per year, it would take me multiple years to achieve this goal. If you add in the stadiums in London, Mexico City, and Germany you must also factor in international flights, accommodations, meals, foreign exchange rates, and of course the schedules of the non-US NFL games. My aspiration is to visit every baseball stadium with my son to take in a game, however, which is easier due to the higher frequency of games in the MLB schedule. The MLB has 30 teams with 30 stadiums, and each team plays 162 games per year, for a total of 2,430 games in a season. The MLB season takes place over approximately six months (late March through early October), which means that it could be logistically possible to accomplish this goal within one year. On top of the tickets and requisite beer, sodas, and hot dogs at the stadium, we have to physically get ourselves to the games. Flying in and out on game day may be a logistical possibility for someone used to traveling a lot for work (as I am), but not with a child accompanying them. Parents who are used to trying to get their kids ready and out the door for any event know exactly what I’m talking about here! Hotels are another variable where prices can be all over the map. Most large cities that host a baseball stadium will have the gamut of hotels, from five-star luxury accommodations to cheap motels. Some stadiums are in areas with high-priced hotels overall, while some are further from the cities and have lower-priced hotels around them. In areas like NY and NJ, hotel prices are generally far higher than they will be in, say, Arlington, so we’re going to have to go with the average hotel price per city. I’m not taking my son to any seedy locations, so we’ll go with the approximate price of a four-star hotel in each city. Let’s break that down. Hotel costs for cities with NFL stadiums: Hotel costs for cities with MLB stadiums: Hotel costs for cities with NBA arenas: Hotel costs for cities with NHL stadiums: While flights won’t change depending on how close or far you are from the stadium, there are myriad variables that will determine how much an airplane ticket costs today. How long you book in advance, how popular or full the flight is, and what season you’re flying in can make flying either cheap or expensive.The Costs of an NBA Game
Team Tickets (x4) Parking Beers Sodas Hot Dogs Total Warriors $570 $37.43 $34.56 $14.40 $34 $690.39 Knicks $547.52 $43.28 $27.52 $15.20 $36 $669.52 Lakers $436 $20.35 $22.08 $13.60 $27 $519.03 Raptors $399.74 $30.20 $18.88 $14.80 $24 $487.62 Celtics $341.24 $54 $34.56 $15.20 $27 $472 NBA Avg $208.64 $22.48 $21.06 $11.80 $24.40 $288.38 The Costs of an NHL Game
Team Cost (USD) Cost (CAD) Rangers $188.26 $247.99 Maple Leafs $182.78 $240.78 Golden Knights $178.97 $235.76 Kraken $176.34 $232.29 Bruins $158.67 $209.02 Avg Cost $94 $126.55 Item Team USD Cost CAD Cost Ticket Kraken $130.85 $172.26 Beer Rangers $15 $19.75 Hot Dog Kraken $8 $10.53 Parking Rangers $29.20 $38.44 How Long Would It Take Me Based on League Schedules?
Accommodations and Travel Costs
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Tip: the Hopper app gives you the average cost of a plane ticket depending on the month, week, and even day that you plan to book the ticket and when you need to fly. It allows you to set an alert for price levels for a specific flight, as they will change depending on when you book them (they aren’t always cheaper by booking them further in advance). My son and I could drive to the Southern California games but would have to travel halfway or all of the way across the country for many of the others. And then, of course, there is Toronto, which is across both the country and the Canadian border to our north. Thankfully, Bankrate broke down the average cost of flights during different months of the year (averages as of last year). Since the MLB season takes place in late March through early October, we know what months to look at: Now that we’ve outlined all of the information, average costs, and variables for these trips, let’s figure out just how much these trips would cost for each professional sport. The National Football League (NFL) has the largest number of fans according to the St. Bonaventure study listed above, so that’s probably the best place to begin. The NFL is an interesting one: they have 32 professional teams but only 30 full-time stadiums. To make this potential adventure a little bit more fun, they also have six alternative stadiums located around the globe. The NFL stadiums are: Other NFL stadiums outside of the United States include: The NFL has 32 teams but only 30 stadiums. As our exercise here is to determine the cost to see every stadium, not every team, we will use 30 as the number of trips that we are budgeting for. The cost of an NFL ticket rose approximately 42% between 2012 and 2021 (9 years), which is about 4.7% per year. Because the last data that we have for the average NFL ticket is from 2021, we’ll add another 9.3% onto the cost of that season’s average ticket price (to add two years of price inflation/growth). That gives us an average ticket price of $499.50 x 30 games. For one person, that means the tickets alone for these trips would cost $14,985.03. For two people the ticket total would be $29,970.06. As discussed above, the tickets are only one part of the equation, as we still have to get there and have a place to stay. We don’t have the data for average plane ticket costs for November and December of 2022, so we’ll use the 2021 average prices for the months of the NFL season (September through January). This comes out to $251 per ticket on average. Multiply that by 30 flights and we have a total cost of $7,530 which increases to $15,060 if you are buying two plane tickets.Month 2019 Avg Cost 2020 Avg Cost 2021 Avg Cost 2022 Avg Cost March $305 $215 $243 $320 April $309 $210 $254 $358 May $324 $240 $272 $404 June $322 $244 $288 $382 July $310 $212 $283 $332 August $294 $202 $241 $293 September $292 $217 $225 $307 October $298 $242 $240 $318 Average Cost $306.75 $222.75 $255.75 $339.25 What Is the Total Cost to Visit Every Stadium for a Game?
NFL Games & Stadiums
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Since we don’t have the food cost averages for football stadiums, our final cost will come by way of the hotels. Adding up the average hotel costs for each city that hosts an NFL stadium, we have lodging costs of $6,280 (if the plan is only to stay one night for the game). It should be reiterated that due to a short season, this odyssey will take at least two years, so while the grand total of $28,795.03 per person may seem hefty, it will be an outlay over two years rather than one lump sum cost. Not to be outdone, Major League Baseball (MLB) has 30 teams with 30 stadiums that are evenly split between the National League and American League, with one team being located in Canada. The MLB stadiums are: Each team in the MLB plays 162 games per year but only has 30 stadiums, so the number of trips is actually the exact same as the NFL (albeit for different months, so the flight costs will be different). The Hustle study linked above looked into the average cost of all stadiums (including incidentals) for a family of four, quoting the average ticket price at $35.74. Breaking this down to an individual ticket, that comes out to $8.73 each (far cheaper than the NFL). This means that the cost of tickets for attending an MLB game at every single stadium would come out to $261.96, and the cost of two tickets would come out to $523.95. Pretty amazing that taking two people to a game at every MLB stadium would be just a little bit more expensive than one average NFL ticket! Supply and demand at work, baby! As per the Bankrate study of average flights during the baseball season linked above, the average price for a plane ticket during the MLB season was $339.25 last year. Extrapolating that cost for 30 games would give us $10,177.50 for one person, and $20,355 for two. As we need somewhere to prep before and rest after the game, we will next get into the hotel costs. Adding up the cost of an average night at a hotel in every city with an MLB stadium we come up with $6,015. Adding all of these variables together, the total cost to visit every MLB stadium comes out to $16,454.46 per person. Because of the long season and game frequency, this could logistically be completed in one year (if you can afford it). If you’d like to take on the task but have a lower cost to accomplish it, you could also stretch it out over multiple years - but I’ll show you how to afford it below. The National Basketball Association (NBA) has 30 teams with 29 full-time arenas, with seven being located to our north in various parts of Canada. The NBA arenas are: The NBA has 82 games in the regular season, played in their 29 full-time arenas. On a personal note, even though I grew up in Houston when the Rockets were an NBA dynasty, my favorite basketball memory was of attending a Harlem Globetrotters game with my mom (the Globetrotters aren’t an NBA team but I think their games are even more fun to attend). The Bookies.com study linked above for the cost of a family of four to attend an NBA game puts the average ticket cost at $208.64, which would be $52.16 per person. To visit all 29 full-time arenas would cost $1,512.64 for one person, and $3,025.28 for two to attend. The NBA season takes place from October through April, with the average cost of a plane ticket during those months being $281.86. That means the plane tickets for one person to attend a game at every NBA arena would cost about $8,173.86, and two could fly for $16,347.71. The average cost for a hotel night in every city with an NBA arena adds up to $6,495. Adding all of these costs up, one person could attend a game at every NBA arena for $16,181.50. The National Hockey League (NHL) has 82 games in their regular season like the NBA, but there are 32 arenas that we have to visit to fulfill this trip for hockey fans. The average cost of an NHL ticket is $94, which means that the ticket cost to attend a game at every arena would be $3,008 for one person and $6,016 for two. The NHL arenas are: The NHL season takes place during the same months as the NBA (October through April), which is great because it means that we already have the average plane ticket costs for those months! With 32 arenas to visit, this brings the cost of one person to fly and attend each arena to $9,019.52, and two could fly for $18,039.04. Remember that despite the same number of games played during the same months, the extra three arenas that the NHL has over the NBA would require three (or six) more plane tickets to facilitate this plan. To round out the costs of this trip, we need to add up the lodging. A night at a hotel in every city that has an NHL arena would cost $6,805. This brings the total costs of the trip to $18,832.52 for one person. Now that we know it would take between $16,000 to $30,000 per person to accomplish one of these dreams (with the NFL being the most expensive and the NBA the least), we can start to work out the financials of how to get there. Much like the “family vacation jar” that some families will start to fill with their loose change to save up for a trip, it could be a wise decision to create a specific investment account to set money aside for one of these trips, if you wanted to do it. My personal dream is to take my son to the MLB games, which means that I’ll need $26,893.95. I would like to do this before my son goes off to college, which means that we’ll have to work some of these games around his school and sports schedule, so it will likely take a few years. Before we get into the specifics of this account, there is another fixed-income secret that I’d like to tell you about, just in case you hit the lottery or have a significant amount of money to utilize it. Many non-profits get their funding in perpetuity from wealthy philanthropists who have a lot of money to put into special accounts for the organization’s benefit. Due to the current Federal Funds rate (4.83%), if I had $500,000 to park in an annuity account earning 5% interest, I could take out $20,000 annually forever (because the interest would cause the principal to grow faster than I was withdrawing it). That means that I could park $500,000 in an annuity-type account right now (if I had it), withdraw $20k per year to pay for this baseball trip with my son, and then dedicate the account to funding my favorite philanthropic cause to the tune of $20k a year for the rest of time (or at least as long as the US Government still exists). If I wanted to take out $30,000 per year, I could do so for a little less than 33 years. For those of us who don’t have $500k on hand to dedicate to something like this, let’s go through some examples of what we would need to invest based on an average 7% market return for a standard self-managed portfolio. Then we’ll go through a 10% return, as studies show that a financial advisor will help their clients earn an extra 3% return on average. Since my son is young, I have some time to get everything together. If I were to invest $5,000 today and add an additional $3,000 towards this investment account every year, at a 7% rate of return I would have: If I was wise and found a good financial advisor or CFA to handle this investment account, a 10% return would give me: If I wanted to speed up the process and had $10,000 to invest initially and $3,000 to add annually, at a 7% annual return I would have: Hiring a financial advisor or CFA to manage that portfolio and earning a 10% return would give me: While the initial calculations made this trip seem like an ultimate luxury that the average person couldn’t afford, breaking out the returns if properly planned made it far more manageable. If I put $10,000 into an account managed by my financial advisor and can add $3,000 per year, we can afford to take this trip! If neither of these calculations works for you but you’d like to see if another can, you can use this investment calculator by Bankrate to figure out your own investment and budgeting plan. Many people have the mistaken belief that a financial advisor is only there to help you manage investments to plan for a comfortable retirement. Just as there are many different types of financial advisors with different types of specialties, however, there are different types of plans and goals that a good advisor can help you to realize. Retirement isn’t the only financial goal that we have in our lives. As long as you have a goal that you want to reach financially, a good advisor can help you develop a plan to get there. A Chartered Financial Analyst (CFA) focuses on financial planning for both individuals and families, which goes far beyond retirement alone. These advisors will help you develop goals for college funds, retirement plans, or spending money, and can help you develop a monthly budget to get there. If it were your goal to do something original like visit every baseball stadium with your son to watch a ballgame, they could even help you chart the path to realizing that as well. Advisors can also help you develop plans that include different types of strategies, whether they be long-term investments or income generation. Structured products and fixed-income portfolios can be built to pay you a specific amount of income on a defined schedule. That income can then be reinvested or used for your spending, cash flow, or philanthropic donations depending on what you are trying to accomplish. For example, if I knew that I wanted to start my MLB stadium odyssey with my son beginning in five years, it would be a simple task for a good advisor to map out exactly how much money I would need to invest into a fixed-income portfolio to pay out the amount that I needed based on the Federal funds rate. These fixed-income portfolios can be “laddered” so that long and short-term strategies are combined to pay out a defined amount of monthly, quarterly, or annual income in perpetuity. Another strategy could use equities (stocks) instead of fixed-income, with the hope to find greater returns. Stocks bring greater risk, however, so many portfolios are built through a combination of the two strategies. Whether you want your investment portfolio to be focused on building up a nest egg to enjoy your golden retirement years, or you have short-term goals like my baseball trips with my son, the key to realizing your financial goals comes down to proper planning. The world of finance and investments can be difficult to understand if you aren’t an investment professional, as there are a plethora of opportunities and strategies that the average person doesn’t know about. If you want to know what’s realistically possible based on your income level, current investible assets, and the overall market environment, you need to find a professional who you feel aligns with your goals and can help you build a plan to get you there. It is difficult to find someone that you can trust with your goals and financial future, but thankfully AdvisorCheck can help you in that search. Starting a free account with AdvisorCheck not only gives you access to market and financial news that you won’t find anywhere else, but it also provides you with access to “report cards” on the various financial advisors around the country. You can even sign up for the AdvisorCheck newsletter to have those insights delivered directly to your inbox. No matter where you live in the US, a free membership to the AdvisorCheck database allows you to research the financial advisors around you so that you can begin to shape your financial future. You can research their specialties, certifications, the average size of their client’s portfolios, and you can even see if they have any disclosures on their record. If you want to know more about the importance of disclosures for a financial advisor, you can read my article about them here. A good financial advisor should be someone that you align with, who can help you chart a path to reaching your financial goals, and someone who you can trust. The old method for doing that was through word of mouth or simply selecting a name out of the phone book. In our modern times, however, you can use AdvisorCheck to follow the old mantra of “trust but verify” for your financial advisor. As mentioned above, inflation has increased the price of everything around us by 888% since 1960. Other items like baseball tickets have risen higher than the rate of inflation, as factors like supply and demand, local surcharges and taxes, or personnel expenses will affect the prices of some things more than others. People are worried about high inflation right now, but there are some economists who believe that persistent inflation could take up to two decades to subside to the levels they were at just a few short years ago (sub-2%). On top of that, all indications are that we will likely be in a nasty recession by at least Q3 2023. This means that the overall market is likely to take a hit as liquidity dries up and flees to safer investments. Investing your life’s savings on your own in this market is like walking into a minefield without a map, and crossing your fingers that everything will be ok. Financial pundits have sold people on the idea that Dollar Cost Averaging (DCA) or a “buy and hold” strategy will work out over time, but savvy investors and advisors know the perils that may be inherent in those strategies. Yes, the market always eventually returns to present levels, but we have no idea of the timeline that it will take. If your portfolio takes a 50% hit due to unforeseen market events, you will have to make a 100% return just to get back to your original amount. A good advisor can help to prevent that drop in the first place by keeping an ever-present eye on the market and knowing where your money should go when market turbulence rears its ugly head. Whether your financial goals are to ensure that your investment funds outpace inflation, you want to build a college fund or travel portfolio, or you just want to make sure that you can be comfortable in your retirement years, you need a good financial advisor on your side. To find the right advisors in your area that can align with and help you to chart a path to realize those goals, start a free account with AdvisorCheck today to get started. Written by Robert Patrick Lewis Fact checked by Billy Quirk Reviewed by KJ KimMLB Stadiums and Games
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