Didn’t score any coveted tickets to the Rockies playoffs? Instead of lamenting, consider investing.
Need some motivation? Consider your return had you invested instead of attended a game the last time the Rockies made the playoffs in 1995.
Back then, scalpers were asking $75 for club-level seats. Taking a family of four to that game, with a budget of $20 for food and $10 for parking, would have cost $330.
If you invested that money instead into The Tax Free Fund of Colorado, a conservative
municipal-bond fund, it would have grown to $615 today.
Buying into a low-cost S&P 500 index fund would have generated about $1,100. Forgoing seats at Coors Field to buy shares of what is now Molson Coors would have produced twice that, $2,300 (with dividends reinvested).
An investment into satellite-television provider EchoStar Communications would have proven a home run – turning $330 into $10,000.
Despite that, if someone has the chance to go to the game, Denver financial adviser Mark Brown says take it. “If you are meeting your financial goals, have a good time along the way in life,” he said.
Who knows, it could be another 12 years before the Rockies generate this much excitement.
