12 Unique Ways Dividend Growth Investing Is Like Football
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12 Unique Ways Dividend-Growth Investing Is Like Football

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I’m a life-long fan of all things football and—not surprisingly (given my obsession with analytics)—fantasy football. Growing up, I was blessed with the opportunity to play a variety of sports, including football. I believe sports can teach us life lessons—lessons that are highly valuable and applicable to a plethora of life-long pursuits… including investing. So, as another wonderful season of college and pro football comes to a close, I thought it would be both entertaining and enlightening to explore 12 unique ways that dividend-growth investing is a lot like footballand one way it’s definitely not!

As long-term investors, we must function as player, coach, general manager, and owner—all wrapped-up in one. That’s quite a challenge!

While this article is meant to be lighthearted and more general in nature—a departure from my more in-depth coverage of DGI and value investing topics, it nonetheless provides a lot of value for long-term investors of all shapes and sizes. There are some great nuggets of truth and valuable investing takeaways throughout.

It’s all too easy to become engrossed in the minutiae of investing and miss the proverbial forest for the trees. Every now and then, it can be beneficial to step back and gain a broader perspective—a 30,000-foot view—to make sure we’re not missing something more fundamental.

So, without further ado, let’s kick this thing off (pardon the pun) and explore what football can teach us about achieving long-term investing success…  

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Table of Contents

#1: Investors Must Ignore the Noise

The first way football is like investing is that we must all ignore the noise.

In the game of football, players and coaches are bombarded by noise—information and feedback from the competitors, press, pundits, and fans.

This noise can be positive and negative. However, either way, it can create a powerful distraction that can take their focus off where it should be, as well as add unwanted emotion into their decision-making process on the field.

As investors, we face the same noise. Whether it’s television (e.g., CNBC), social media, coworkers, or family, we are constantly bombarded by a stream of noise—99% of which is worthless from a long-term investing perspective.

Opinions and emotions swing between bullish exuberance and bearish fear and panic—typically over a five-minute period!

Like football players and coaches, we need to master the ability to tune-out this noise and remain focused on our task at hand. We never want to allow ourselves to embrace the emotions that can be triggered by this noise—we never want to get too high or too low. We must avoid meaningless fodder, entertaining distractions, and bad advice from armchair quarterbacks or pundits with ulterior motives!

Plan your investments and invest according to your plansuccess is always about your mindset and process.

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#2: Dividend-Growth Investing Success Requires Great Draft Picks

The second way football is akin to long-term investing is that drafting (or recruiting) matters.

In football, talent matters. NFL teams invest a tremendous amount of time, energy and money into their draft process—and college teams do the same with their recruiting.

Why? Because opportunities are limited, and the consequences are long-lived.

The pool of great players is limited, and teams are only going to get a limited number of picks. As such, it is critical for them to perform their due diligence to identify the most promising opportunities.

Furthermore, once those picks are made—they are committed to their selections for a while. They will have invested a lot of time and money into acquiring this talent and the return on investment will take time. Bad drafting or recruiting can set a program back for years.

Long-term investing is no different. We have limited resources to invest (viz., money). As such, we must identify the most promising opportunities. A few great picks can produce tremendous gains over the long run.

On the flip side, we have limited time to build our portfolios. DGI and value investing takes time to play out. If we make bad selections, we can lose years of productivity—meaning our capital is failing to produce. This is why Warren Buffett notes that “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.”

When we select stocks and add them to our portfolio, we are putting together a team that we will have to live with for a long time—draft wisely my friends!

#3: Consistency Matters When It Comes to Investing Performance

The third takeaway that football provides investors with is that consistency matters.

On any given weekend, any team can step up and have a great performance. What separates great teams from the posers is an ability to consistently perform at a high level—when things are going well and when they’re not.

The same holds true for investing. Great investors have an innate ability to exhibit consistency. Whether it is in their investment funding, their investing process, or their investing mindset, they approach every day with the same focus and effort.

Dividend-growth investing is a long game. All too often I see investors—both new and experienced—either let their guard down (lower their standards) or seek shortcuts.

It’s easy to let your standards slip as the boredom sets in with long-term investing. It’s a grind. You start to take your focus off the ball and invest a little less time and effort into the process than you once did. This leads to a slow and insidious death spiral—one that is hard to recognize, as well as one that is difficult and time-consuming to reverse.

A perfect example of this is funding. Compounding takes time to work its magic. It’s easy in the early years to let your portfolio funding begin to slide. However, that choice will have irreversible (though hard to grasp) consequences over the remainder of your life—significantly reducing the compounding gains you will benefit from down the road.

Championships are won day-by-day, not at the end of the season.

Like a championship football team, we need to strive to maintain consistency in our investing approach, process and mindset.

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#4: Investors Must Spend Time in the Film & Weight Rooms

The fourth thing investors can learn from football is that we must spend time in the film and weight rooms.

Football games can’t be won off the field… but they can be lost there!

A tremendous amount of preparation goes into a game—it’s a week-long process. The same is true of a winning season—it takes an entire off-season of work and preparation.

As investors, we must embrace the same approach as professional athletes—devoting quality time to the proverbial film and weight rooms.

Top players and coaches invest tremendous amounts of time to film study—developing their mental abilities and edge. Their high-level of on the field success stems from their ability to understand their opponent—their strengths and weaknesses. This enables them to identify and capitalize on opportunities in the game.

From an investing perspective, this means performing fundamental analysis. In order to formulate a winning investment thesis, we must be able to identify a company’s strengths and weaknesses. We then exploit those strengths at the opportune time and avoid potential weakness.

We can’t successfully compete in the market if we aren’t putting in time in the film room. This is especially important because, again, long-term investing is like a chess game—moves made today will have significant consequences years, even decades, down the road! We need to be able to identify those consequences—not get blindsided by them!

Furthermore, successful football players invest time in the weight room—developing their physical abilities and edge.

From an investing point of view, this means learning and developing our craft. When it comes to investing knowledge, we have never arrived at perfection—there are always new things to learn and develop. For me, I find that this is a perfect offset for those periods of inevitable boredom with long-term investing. When I’m not engaged in fundamental analysis or tracking/managing my portfolios, I’m investing that available time into expanding my knowledge base.

I can honestly say that a day doesn’t go by that I haven’t read or listened to several sources of educational information—whether it be videos, general articles, or journal articles.

It is important to distinguish this from the “noise” eluded to earlier. Our weight room should be equipped with resources to build our general investing knowledge—not opinion fodder based on where the market will be tomorrow or what stock is hot today.

To summarize, long-run investing success is predicated on spending time in the film and weight rooms. We need to be committed to consistently delivering on that!

#5: Champions Have a Well-Defined Investing Plan & Process

The fifth way football is like investing is that success requires a well-defined plan and process.

Highly-successful football teams go into every game with a clearly-defined game plan—one based on their knowledge of themselves and their opponent (gained in the film room—see #4).

Their game plan stays true to who they are—meaning it leverages their strengths to capitalize on their opponent’s weaknesses.

If we don’t have a well-defined investing plan and process, then we have no business investing capital into the markets!

We need to identify and understand our strengths and goals—and then look for opportunities where we can leverage them—again, something that requires film study and work in the weight room.

As Benjamin Graham wisely noted, “Successful investors are disciplined and consistent and they think a great deal about what they do and how they do it.” As we constantly emphasize, long-term investing success is about having a solid plan that includes the proper mindset and the right process.

For more on the importance of developing a solid process, I recommend reading our articles Dividend-Growth Investing Success Is All About the Process, Can F-Scores Really Improve Your Dividend-Growth Investing, and Dividend Growth Investing: Why You Should Never Buy a Fish.

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#6: Long-Term Investing Success Requires Sticking to the Script

The sixth takeaway that football provides investors with is that success requires sticking to the script.

How many times have you seen a football team face a little adversity and totally abandon their game plan? Rarely does that lead to success!

For example, a team comes into a game as a power-run team. The game plan is to run the ball and control the clock. Then, they quickly go down by one or two touchdowns and they throw the game plan out the window and go into a spread offense—attempting to pass themselves to victory. This abandons their strength and plays into the strengths of the defense!

The great teams understand there will be momentum shifts in any game. Rather than panicking, they stick to the script! They have confidence in their planning, preparation and process.

Investing is much the same way. We will often experience setbacks early in the game—especially with a value-investing framework. It takes time for our plan and process to unfold.

As the godfather of value investing (Benjamin Graham) wisely quipped, “Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”

We need to have the confidence in our own planning, preparation and process to stick with it rather than jumping ship. Far too often, investors bail on an investment when it doesn’t immediately produce the results they wanted—or underperforms for a short period. This is almost always caused by a lack of plan/process… or a lack of confidence in that plan due to a failure to fully understand it.

Investing Quote from Benjamin Graham on Self-Control

Specifically, I find that disappointments are typically predicated on a failure to understand our investing plan. For example, are you a growth or income investor? If you’re an income investor, are you a dividend-growth and/or value investor? These answers—beyond are you a passive or active investor—will shape your investing plan.

If you are a value dividend-growth investor, then stick to that plan and process. Ignore the noise (see #1) and the urge to get involved in growth or pure-value plays. Furthermore, understand your investing horizon (viz., long-term) and avoid the urge to jump on shorter-term plays—typically predicated on shiny-object syndrome and/or FOMO (fear of missing out).

Another example is our public Wicked Capital Passive-Income Portfolio (PIP). Our plan/process involves identifying and investing in dividend-paying companies when they present significant value.

There are lots of excellent (quality) dividend-paying companies out there—ones that even provide opportunities for dividend growth. However, if they do not represent a value opportunity, then we are not interested. That’s our script and we stick to it.

(That doesn’t mean they won’t provide a value opportunity at some point in the future—they just don’t now… nor does it mean they don’t or can’t fit into someone else’s plan—such as a pure dividend-growth investor.)

Try to keep your portfolio focused. You can build other portfolios that are geared towards other strategies. However, you need to stick to the script for a given portfolio.

The key is that if you’ve (1) spent the time in the film and weight rooms and (2) developed a solid game plan (process), then stick with it! As long-term investors, our investing time-horizon is not six months or a year. Give your investments time to work for you and stay focused.

To learn more about the mindset required for investing success, checkout our articles Paradigm Shift: The Dividend vs. Growth Investing Mindset and Caution: Dividend-Growth Investing Is NOT for Everyone!

#7: Successful Investors Know How and When to Adjust & Audible

The seventh way football is like investing is that we need to know when and how to adjust our plan and call an audible.

While we should strive to stay on script, poop happens!

The most successful football coaches are the ones that make the best halftime adjustments. They understand that, while they went into the game with a great plan for what they thought was going to happen, they must also react to what is actually occurring.

As investors, this means not becoming married to our initial investing theses. We must be willing and open to re-evaluating the facts on the “field.” For example, when the underlying fundamentals change, we need to change with them. Failure to do so can lead to large losses—losses that were avoidable had we been able to make those “halftime” adjustments.

Furthermore, the most successful quarterbacks are the ones who are able to recognize immediate opportunities at the line of scrimmage and call a pre-snap audible to capitalize on them. These are immediate (short-term) changes—not material changes to the overall game plan (like halftime adjustments).

This is important for investors as well. For example, we may want to build a larger position in a given company. However, at the moment, we recognize a greater opportunity in another holding. Great investors are able to call an audible and shift-gears for a short time to take advantage of the greater opportunity.

This doesn’t mean they are adjusting their overall plan (or throwing it out the window!). They will come back to work on the other position once they have taken advantage of the immediate opportunity presented by the market.

Sticking to the script is important… but that doesn’t mean we can’t (or shouldn’t) call occasional audibles or make halftime adjustments. We need to always maintain a willingness and ability to be flexible—within the confines of our investing plan.

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#8: Effort & Desire Matter with Passive-Income Investing

The eighth insight investors can glean from the gridiron world is that effort and desire matter.

In football, the best team does not always win. Effort and desire can trump talent.

This doesn’t mean that proper planning and preparation don’t matter. Rather, it simply means that our effort and desire are a great equalizer.

Poor planning and preparation are a recipe for long-run investing failure. However, effort and desire can help an average investor and/or investing plan produce great results.

Buffett is fond of reminding folks that the highest IQ doesn’t necessarily win. Focused, consistent effort can trump smarts!

We don’t have to have the perfect plan or make perfect investments. We just have to have a good plan… and then put forth the effort to carry it out.

#9: We Must Have Discipline to Achieve Our Investing Goals

The ninth way football is analogous with investing is that discipline is a non-negotiable for success.

You can have the greatest football team in the world—one with all the player and coaching talent available—and still fail to achieve success if they can’t function in a disciplined manner.

Penalties, turnovers, and sloppy play (poor execution) will cripple even the best of teams!

This is no different with investing.

As Buffett is quick to point out, “We don’t have to be smarter than the rest, we have to be more disciplined than the rest.”

Long-run success in investing is about capitalizing on the lack of discipline of others—such as emotional short-run overreactions (aka time arbitrage). Seth Klarman echoes this sentiment when he asserts, “The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.”

How often have you witnessed a gifted player hurt their team because they couldn’t manage their emotions? It happens all the time!

We need to ensure that we are managing our emotions effectively and not negatively impacting our long-term investing performance.

Benjamin Graham established one of the fundamental rules of investing when he stated, “Individuals who cannot master their emotions are ill-suited to profit from the investment process.”

This discipline extends beyond the field and into players’ personal lives. Whether at the high school, collegiate, or professional level, how many times have you seen a highly-talented player unable to stay on the field because of problems off the field?

It’s no different for investors. Chances are, if you don’t have discipline in other areas of your life (viz., personal finances), you will likely lack discipline in your investing and fail to achieve long-term success.

Finally, success in football requires each player to do their job. They can’t worry about their teammates—they have to trust them to do their job. If everyone plays their part, the team will be successful. If not, weaknesses will develop—weaknesses that will be exploited by the opponent.

Again, investing is the same way. We each have an area of competence. It is critical that we have the discipline to stay within that circle of competence. Bad things happen when we try to do too much or invest in activities outside of our circle.

Understand, there will be times when our particular style of investing will be out of favor and others will be making more money than us.

That’s part of the investing game!

Have the discipline to stay in your circle of competenceand the patience and confidence to trust your process. Play your position and don’t worry about everybody else.

Textbook Example: Stanley Druckenmiller

A perfect example of what can go wrong when we fail to do this is Stanley Druckenmiller. He was a highly-successful hedge fund manager, focused on macro investing. He was hired by George Soros in 1992 to manage his Quantum Fund. Together, they “broke the Bank of England” in 1992 when they shorted the British pound sterling—netting a purported $2 billion in gains (though some source place the number closer to $1 billion).

Shortly after, Druckenmiller ventured outside his circle of competence and got the fund involved in tech and bio stocks. This was the lead-up to the tech bubble and tech was extremely hot—with many making insane profits off them.

Druckenmiller ended up buying $6 billion in tech after losing $600 million shorting them (a sort of “if you can’t beat them, join them” mentality). Unfortunately, he understood very little about tech—especially the extreme volatility being manifested in the market.

When the bubble burst shortly thereafter, he was left holding his positions and lost $3 billion in the space of a few weeks! A textbook example of investing emotionally and herding—resulting in buying high and selling low (and I mean buying HIGH and selling LOW!). He quickly resigned from Quantum Fund and parted ways with Soros.

Regarding his monumental investing blunder, he stated, “I bought $6 billion worth of tech stocks, and in six weeks I had lost $3 billion in that one play. You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basketcase and I couldn’t help myself. So maybe I learned not to do it again, but I already knew that.”

What he should have learned is that “knowledge” is intangible—discipline is concrete! Stated differently, knowledge unapplied is worthless.

Richard Eakle, an outside money manager who took part in Soros internal conferences leading up to the tech-bubble burst, was quoted by The Wall Street Journal as stating, “Stan admitted to me that he didn’t quite understand the entire story and was uncomfortable with valuations.”

And yet, he held on to most of those holdings ($7 billion worth) and lost $3 billion as the bubble burst.

The lesson for us is that if it can happen to the best of the professionals, it can happen to you and me. Always stay disciplinedalways stay in your circle of competence!

Buffett has always cautioned folks to never invest in a business they don’t understand. It is worth noting that during the tech bubble, he was hammered by the press for not embracing tech and the “new economy.” Instead of plunging in ignorantly like Druckenmiller, he stuck to his plan and circle of competence… and not only survived the bubble burst but went on to thrive—reaching his current net worth of $88.9 billion at the end of 2019! (He is currently the fourth richest person in the world)

Who ended up looking like a genius and who looked like the fool?

I can’t emphasize enough on our website that long-term investing success is by and large the product of a proper mindset and solid process. The proper mindset must be predicated on a disciplined approach to investing!

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#10: Long-Term Investing Success Is NOT About Winning Every Game

Our tenth takeaway from football is that ultimate investing success is not about winning every time.

A football season is one hell of a grind and winning a super bowl or national championship doesn’t require winning every game.

Ultimate success requires a long-term, balanced focus. There will be ups and downs (victories and losses) along the way. The great teams embrace losses as a source of motivation and learning opportunity for the remainder of the season. They don’t like them, but they don’t fear them either—they learn from them and grow.

Investing is no different. It’s a grind—one with ups and downs. The market is a probabilistic system. As such, we can’t and won’t be right every time. We have to accept and find peace with that.

We can’t fear failure (loss aversion) or suffer from analysis by paralysis—afraid to pull the trigger. We must thrive on the opportunity to succeed, understanding that it won’t be an easy or straight journey.

The great quarterbacks never fear throwing a pass!

As long-term investors, we only need to get it really right a few times to do extremely well!

When things go wrong (and they will), we need to remind ourselves that (1) we’re in it for the long run and (2) perfection is an irrational expectation—one clearly not required for success. Throwing an interception or being down in the first or second quarter doesn’t mean the game is over… nor does a few losses ruin a great season.

Like athletes, we need to embrace (but manage) the potential for loss and, when it does occur, analyze it, learn from it, grow from it, and—more than anything else—move on from it. The past never defines our future. As I note all the time with historical company data—past performance is never indicative of future performance!

#11: Performance Matters—But We Must Know Which Analytics to Measure

Number eleven on our list of ways investing is like football is that performance mattersbut we must use the right metrics to measure it.

Football—at its core—is about performance. While performance is ultimately measured in wins and losses, it also tracked and measured by a growing universe of KPIs and analytics.

When it comes to those measures, they are not all created equal. Some have a much higher relationship to wins and losses (statistical significance) and they also depend on whether you’re measuring offensive or defensive performance—and what position.

For example, if you a run-oriented team, then you would want to measure your performance using metrics that are relevant to rushing—such as yards per rushing attempt, rushing yards per game, or time of possession.

You wouldn’t be primarily concerned with passing metrics!

Likewise, if you are measuring the performance of an offensive line, you obviously wouldn’t want to look at things like YAC (yards after catch) or defensive metrics.

Investing is no different. There is a plethora of metrics you can monitor—and you absolutely should be monitoring your performance. The key is to utilize the right metrics—ones that have a positive relationship to success… success as defined by your investing plan.

This applies to both an investment perspective (e.g., company fundamentals and performance) and a portfolio perspective (i.e., your performance).

In terms of portfolio performance, I see so many dividend-growth investors that are fixated on market return. As income investors, this is a poor choice of metrics to utilize. It would be great for a growth investor—who is inherently focused on capital appreciation… but it has little relationship to growth in passive income—the focus of income investing.

A much better metric to track would be growth in dividends—your passive income!

In terms of investment performance, you must decide what fundamentals are important to you in terms of predicting success. For example, should you use earnings-per-share (EPS), operating cash flow per share (CFO/S), free cash flow per share (FCF/S), or owners’ earnings per share (CFO less maintenance capex)?

This may depend on your investing approach and/or on the type of company you are analyzing.

Does return on equity (ROE) and/or return on invested capital (ROIC) matter to you? Does leverage matter, or is revenue growth a stronger performance driver for you?

This is where having an effective and clearly-defined investing process is so important!

Measuring your performance and the performance of companies is important—but it is critical that you are measuring the right things—actual drivers of long-run performance!

As a dividend-growth investor, we need to be cautious about utilizing metrics that are better suited for other types of investors (e.g., growth). It’s easy to look at their numbers and try to directly compete—but that’s a fool’s errand. What drives our long-term success is not the same as what drives theirs.

Finally, you need to measure metrics over an appropriate period of time. Don’t focus on your return and/or dividend growth over a month, quarter, or even year if you are a long-term investor. You should be focused on periods of 3-5 years or longer.

The key is to measure—but to measure intelligently!

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#12 Defense Wins Championships

Finally, the last lesson investors can draw from football is that defense wins championships.

I know we live in a football world now dominated by high-powered offenses. However, at the end of the day, I would still argue that defense is critical to success.

As the saying goes, offense wins games… but defense wins championships.

Now, I’m an offensive guy—I love gunslingers and high-octane, high-scoring, air-raid offenses. However, I also enjoy a tough defense that can stuff the run, sack the quarterback, and play tight man-to-man coverage. I know that if the defense can prevent just a little scoring by the opponent, it increases the odds that the high-flying offense will prevail.

Furthermore, the season is a grind and things go wrong—meaning injuries happen. This can dramatically impact the offense—negatively impacting its timing, cohesion and production. Defense is a hedge against this inevitable issue.

Finally, offenses—no matter how great—have bad games… games where things just don’t work. Again, having a strong defense keeps you in the game on those kinds of days—ultimately, increasing the likelihood of achieving a championship.

Investing is no different. While everyone drools over the big offensive numbers (aka returns), defense drives long-term investing success.

Why? Because losses are not the same as gains. It takes much higher gains to recover from a given loss.

Warren Buffett Never Lose Quote on the Importance of Defense

This is why the Oracle of Omaha (Warren Buffett) continuously reminds folks, “The first rule of investing is to never lose money… and the second rule is to never forget rule number one!

This is echoed by the age-old adage that investing success is not about how much you make but, rather, by how much you keep!

How Defense Relates to Investing

To make a comparison to football, growth investing is all offense—100% committed to the passing game, with zero defense.

Forget the ground-and-pound… this is the air-raid approach on steroids! And, it’s unarguably a marvel of epic proportions to watch when things are going well. But, if the market declines or things go wrong, there is no defense—or safety net. It’s a boom-or-bust proposition. Great when that offense is functioning like a well-oiled machine and running up the score… but when the motor starts to sputter, look out below!

Bonds (or other fixed-income instruments) represent the other end of the spectrum—all defense with very little offensive capability. These are a great hedge for the bad times… but the bad times represent a tiny fraction of overall market activity.

Passive-income investing represents a balanced approach. When things are going well, you have an offense that provides a comfortable total return. However, more importantly, when things go wrong… you have your dividends playing defense for you. Together—they produce winners.

This is why dividend-paying stocks have historically outperformed growth stocks during down periods. And those savings (capital you were able to preserve and protect) means greater long-term returns! Furthermore, (1) your income remains constant (not impacted by the volatility) and (2) the decline enables you to buy more cash flow for less (i.e., greater capital efficiency).

Growth may be the pretty boy that gets all the attention and girls in high school… but dividend-growth investing is the nerd that goes on to earn 10-times more income than the pretty boy over their lifetimes—thanks to the balance of offense and defense!

To learn more about the advantages of value investing, I encourage you to read our articles What Does the Value-Growth Spread Really Mean for Long-Term Investors? and Value Consistently Trumps Growth for Long-Term Investing.

One Way Dividend-Growth Investing Is NOT Like Football

While we have seen twelve surprising ways that dividend-growth investing is a lot like football, there is one very important way that it is NOT!

Investing is NOT a team sport! It is an individual pursuit.

You’re on your own and you own the results—100 percent!

The Good News: Teammates can’t lose the game for you…

The Bad News: Teammates can’t win the game for you when you screw-up or are off your game!

This means that if you want to achieve long-term success, you will need confidence and the ability to function independently.

To be clear, I mean confidence… not hubris! Overconfidence leads to deadly investing decisions. For more on this, I encourage you to read 11 Toxic Investing Biases You Must Guard Against.

Investing can be a lonely road… but a rewarding one as well.

In the end, your success or failure is in your hands. You alone bear full responsibility for your financial health and success. You can’t blame the markets, your broker, the media, your friends, your neighbor, or your dog (or cat).

You will get out what you put in… own it! (And I wouldn’t want it any other way!)

Conclusion

Surprisingly, as we have seen, there are a lot of things dividend-growth investors can learn from football.

To pull it all together and put a bow on it, we’ve seen that both share 12 powerful and insightful things in common:

  • Success Requires Ignoring the Noise
  • Success Requires Great Draft Picks
  • Consistency Matters When It Comes to Performance
  • Success Requires Spending Time in the “Film” & “Weight” Rooms
  • Champions Have a Well-Defined Game Plan
  • Long-Term Success Requires Sticking to the Script
  • Success Demands We Know How and When to Adjust & Audible
  • Effort & Desire Are the Great Equalizers
  • Discipline Is a Non-Negotiable for Success
  • Long-Term Success Is NOT About Winning Every Game
  • Performance Matters—But We Must Measure It Properly
  • Offense Wins Games... Defense Wins Championships

However, investing is not like football in one critical way: It is NOT a team sport!

You are on your own and must own both the entire process and the outcome—whether you achieve success or fail miserably.

To increase your likelihood of success with passive-income investing, these 12 insights from football can be consolidated into three fundamental investing truths:

  • You must own your investing process—take control and responsibility
  • You must have and understand your investing plan and process
  • You must have the proper mindset—one that produces consistent, disciplined, focused effort

These articles provide great general insights into long-term dividend-growth and/or value investing!

Finally, if you’re interested in dividend-growth investing predicated on a value framework—you’re in the right place! We focus exclusively on helping others be as successful as possible with this income-based approach to investing and we hope you’ll continue to return to our site to learn, grow, sharpen your skills, and find effective and positive ideas and motivation!

Soak it all in, take and use what you want, modify it to fit your unique situation, and keep building that portfolio with a solid process and winning mindset!

We also encourage you to follow along with our public Wicked Capital Passive-Income Portfolio (PIP) through our monthly updates on the website and by viewing the portfolio on M1 Finance at https://m1.finance/1zUclN2JL

It’s a great way to learn from a real-world example of building and managing a dividend-growth portfolio predicated on a value investing framework!

If you’re interested in starting your own portfolio using the M1 Finance platform (which we highly recommend), please consider using our referral link https://mbsy.co/sZVS3 and we’ll both get some free cash to invest!

That’s just one more reason to start your dividend-growth investing today! It’s never too soon to start working towards your financial freedom!

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Doug

Doug is the founder of Wicked Capital. He holds an MBA, BBA (Summa Cum Laude), and AAcc from Liberty University and has over 20-years of corporate finance, accounting, and operations management experience--spanning the public, private and nonprofit sectors. He is a member of Sigma Beta Delta International Honor Society in Business Management and Administration, Delta Mu Delta International Honor Society in Business, and Tau Sigma Academic Honor Society. He is also proud to have served his country as a member of the 82nd Airborne Division. His professional wheelhouse is corporate financial reporting, analysis, and forecasting—buoyed by his passion for fundamental analysis and valuation. Doug has been actively engaged in trading and investing for several decades, with a focus on value and dividend-growth investing. He has authored several books and, when he's not busy living the corporate dream, trading and managing investment portfolios, he enjoys playing the drums and spending time with family--especially in the Outer Banks of NC.

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