The Super Bowl Indicator. The idea came in 1978 when a New York Times writer found that when the AFC won the Super Bowl, the stock market went down. Conversely, when the NFC won the Super Bowl, the stock market would climb.
People began to see this data and thought this Super Bowl pattern might be more than just luck. But the reality is, about 80% of the time, the stock market is up and the Super Bowl has no effect on its rise and decline.
In this video, James Lenhoff, president of Wealthquest, explains that our job isn’t to beat the market. The market is a very powerful force. Instead, we need to harness its power because 80% of the time, we’re going to win. Since the market is a neutral circumstance, neither the Super Bowl nor Tom Brady’s impressive track record have any actual influence on it.
At Wealthquest, you’ll discover a new approach to wealth management where your investments, tax preparation, and estate planning services are offered by one team of fiduciary experts, all under one roof, for one simple fee. Wealthquest is a fee-only financial planning and wealth management firm focused on the integration of your life and finances. Regardless of your account size or stage of life, our firm can help.