Some companies offer stocks that allow individual investors to invest in securities tied to the future earnings of professional athletes. However, some financial advisors advise caution, saying that these kinds of risks are not wise for long-term investment strategies and may be better suited for a play portfolio rather than a retirement portfolio.
Good risk or bad risk? Plancorp’s Peter Lazaroff shares his thoughts in a recent Wall Street Journal article discussing these companies and he offers advice to those considering the investment.