Lazy Man and Money

  • Blog
  • Home
  • About
    • What I’m Doing Now
  • Consumer Protection
    • Is Le-vel Thrive a Scam?
    • Is Jusuru a Scam?
    • Is Beachbody’s Shakeology a Scam?
    • Is “It Works” a Scam?
    • Is Neora (Nerium) a Scam?
    • Youngevity Scam?
    • Are DoTERRA Essential Oils a Scam?
    • Is Plexus a Scam?
    • Is Jeunesse a Scam?
    • Is Kangen Water a Scam?
    • ViSalus Scam Exposed!
    • Is AdvoCare a Scam?
  • Contact
  • Archive

Is Investing Without Goals Like Golfing without a Putter?

December 18, 2009 by Lazy Man 3 Comments

Golfing without a putter?  No problem!
Golfing without a putter? No problem!


I caught an article on the Simple Dollar yesterday: Investing without Goals Is Like Golfing without a Putter…. It’s a great article (Lifehacker even picked it up) if you want to know the basics of having goals and investing. At first, I thought that analogy of golfing without a putter was brilliant.

Note the words “at first.”

I thought about it a little more and the analogy seemed off. It took me a few minutes to put my finger on it, but I think I have it. When I make it goal, it’s so that I have some direction – so that I know where I’m trying to go. The equivalent of this in golf is knowing where the hole is. Also, how I arrive at that goal depends entirely on the goal. Like with any goal you pick the right tool for the job. In the case of golf, the right tools usually include a driver and a putter. With investing the right tools may include mutual funds or CDs. Setting a goal is the answer to “Where?” while using a tool is the answer to “How?”

The other thing that got me with the golf-investing analogy is that it’s bad to overshoot the hole in golf. I don’t know too many people who are sad that they overshot their goal for an investment… it’s not like you are trying to reach a certain dollar figure. If you have Tiger Woods’ money (even with the sponsors leaving him) then certain goals are almost solved for you. For example, he doesn’t have to worry how he’s going to afford his son’s college education. For the rest of us, that would be a very reasonable goal.

There is a great golf analogy to make with investing though. I hinted at it early. An investment is like a golf club. There are aggressive investments that are essentially drivers. When you are far away from your goal, you may choose to sacrifice a little direction (volatility) to pick up large gains to try to get to the hole quickly. Then there are conservative investments that are like putters. When you get close to the hole, direction is the most important (minimized volatility) thing, not strength.

Filed Under: Investing Tagged With: Goals, golf

5 Ways To Save Money on Golf

August 31, 2008 by Lazy Man 7 Comments

Save Money on Golf
Save Money on Golf

Some things in life are quite expensive. Here are some ways to save money on golf

This article was submitted by the Golf Ball Driver, author of rss feed). He strongly believes in discount golf balls. If you like the guest post please check out his website and consider subscribing to his rss feed.

Golf is a passion for many, but it can also be a very expensive hobby. If you are looking for ways to indulge your love of this sport and still have money left over, there are some great ways that you can cut costs.

  1. Do your shopping at a online discount golf pro shop. While on-course pro shops usually have a pretty good selection and they are very convenient, there is definitely a price for that convenience. You can save a lot of money on golf clubs
  2. Look for specials on a course’s website. This is one of the easiest ways to save money on greens fees, but many players overlook it. Before you book your next tee time at your favorite course, take a look at their website and see if they are offering any specials. Most courses will offer monthly specials, but they may not let you know right off the bat. By taking the time to take a quick look at their website, you may be able to get a sizable discount on your next green fee.
  3. Purchase used golf balls. This is another easy way to get a great deal without sacrificing quality. You can find some terrific prices on used golf balls from designer brands and most will provide you with many rounds before they give out. This is ideal for those that are still learning the ropes and have a tendency to dunk their golf balls in the nearest water hazard. When shopping for used golf balls, make sure that there are no dents or cracks since this can impact how well they will perform.
  4. Check out stay and play packages. Many hotels and resorts now offer stay and play packages for local courses. If you are planning a trip and would like to get in a little golf, this is a great way to save on fees. In many cases, you can not only get a reduction on your green fees, but your lodging costs will also be reduced.
  5. Take advantage of yearly packages. Most golf courses will offer a package deal where you can purchase full access for an entire year at a reduced rate. This is usually best for those that golf regularly. To see if this would be a good deal for you, add up how much you would normally spend on a year’s worth of green fees. If it’s more than the package deal, take advantage of that savings.

These are just a few ways that you can easily save money on golf. You can also take advantage of twilight specials on many courses, or get a group discount if you play with several friends. Golf doesn’t have to be expensive and with these great money saving tips, you can enjoy it even more.

Photo Credit: Fevi Yu

Filed Under: Frugal Tagged With: discount golf balls, golf, golf clubs, golf course, golf pro shop, greens fees, save money, tee time, water hazard

As Seen In…

Join and Follow

RSS Feed
RSS Feed

Follow Me on Pinterest

Search The Site

Recent Comments

  • Joe on The Cost of Summer Camp (2023 Edition)
  • Lazy Man on Odds and Ends Update
  • Joe on Odds and Ends Update
  • Lazy Man on Odds and Ends Update
  • Josh on Odds and Ends Update

Please note that we may have a financial relationship with the companies mentioned on this site. We frequently review products or services that we have been given access to for free. However, we do not accept compensation in any form in exchange for positive reviews, and the reviews found on this site represent the opinions of the author.


© Copyright 2006-2023 · Perfect Plan Publishing, Inc. · All Rights Reserved · Privacy Policy · A Narrow Bridge Media Design