Owning the Course

Be sure to read my article on owning sports & entertainment stocks to get the full list of stocks.

When it comes to playing in your zone, you are said to own the course. In other words, you can’t do wrong. And if somehow something does go wrong or awry, you end with such a sweet recovery that it all just seems so meant to be somehow. You play with an ease that keeps the yips at bay. You play with such a laser-like focus that your clubs work like magic from hole to hole and your scorecard shows it.

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Own the Course Beyond Your Play

I recently wrote an article about my sports-folio, the portion of my investments that I dedicate to stock in sports and entertainment companies. This was a follow-up to another article I published earlier the same day on Medium. Some of what I own spans the sports world from sports teams like the Atlanta Braves and Manchester United to entertainment and media companies like Disney and Comcast, but owning some of the golf companies is real hoot.

I have been investing for years now and it has saved me from some real low times in my life. My most recent investing has me weighing heavy bets on the dividend-paying stocks of the Dogs of the Dow and a major index -driven ETF position of DIA (Dow 30), SPLG (S&P 500), and QQQ (Nasdaq 100). However, I do get to dabble in what I call my sports-folio. It literally lets me own the course in a few instances with some relevant golf stocks.

While there are plenty of sports-related stocks, I try to manage and hedge my bets. I like owning a piece of the action. I like being able to say that that’s my team and I literally mean that’s my team. I use Robinhood and Stash for these portfolios split almost evenly between both accounts. If you join and add cash to Stash now via my link, you will get $20 sign-up bonus and I will receive a $20 referral bonus. Join Robinhood via my link, and we both get a FREE share of stock.

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Got Golf Stocks in My Sports-folio

My sports-folio got a wide array of sports and entertainment stocks that include Disney (DIS) and Comcast (CMCSA) as well as Barclays (BCS), Manchester United (MANU) and Madison Square Garden (MSGS).

Acushnet Holdings (GOLF) gives me a piece of the action with some highly recognized names in golf today. Considering that GOLF is associated with some of the biggest names in the sport like Titleist, Vokey and Scotty Cameron, I have to admit that it seems like the Amazon of golf stocks to me. It just has everything in its wheelhouse. Wedges, putters, and all of the equipment and one of the most popular balls on the PGA Tour and among weekend golfers with the Titleist ProV1. This one is just a winner all around.

VIVI Properties (VICI) is a diversified real estate company formed as a REIT with a handful own golf properties in its portfolio that are featured on the PGA Tour. The company is truly engaged in entertainment, hospitality and more, including Caesars Palace. VICI owns four championship golf courses among its portfolio of properties and stands to keep investors happy with its consistent dividend payments going forward.

Another blogger did an excellent job laying out similar golf stocks, including the ones that elected to not add to my sports-folio. It is well worth the time it takes to read.

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Why These Golf Stocks and Not Others

Nike (NKE) and Callaway (ELY) are still involved in the golf equipment and apparel markets. Why not NKE, a major leader among sports retailers on a global scale? Why not ELY which represents one of the most popular brands of golf equipment and apparel on the market today? because I am looking at the stock and not for a new driver. I have a different strategy for evaluating stock ever since I started reading and listening to Gerald Peters. Those stocks do not fit my plan right now. And, to be truthful, they may never fit and I can live with that. Investing should not be based on emotions and sentiments. It should make sense for making you wealthier day by day with increased valuations and price as well as dividends or other perks.

At the end of the day, I feel good of where I am with this sports-folio. I am hedged my risk. I am positioned to say I own a piece of the action in both sports and entertainment. And I know that may not say something to someone else, but it makes me feel like I am really owning the course. And in some cases, I am really owning the course.

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4 thoughts on “Owning the Course

    1. No, Brian. That’s a whole different level. At the worst, my CalPERS retirement plan had a stake in it and perhaps my tech-based ETF, but I’m an investor for long term not a trader for jumping in and out of stocks here and there. Just not my game.

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