Finance and footy
Stock broker Sam Fimis combines his love of finance with his passion for footy to demystify the stock market for everyday Australians
Sam Fimis redefines the public perception of financiers'. His is not a world of greed, nor is he about keeping information to himself. His passion is finance and educating the masses on how to use the stock market to your potential, to grow wealth through smart investments. His passion for educating people on stock broking and creating a portfolio to suit their needs was the driving force behind his latest book Premiership Portfolio. Sam spills the beans of finance; and does it using a footy analogy that speaks to everyone.
"One of the first questions I ask a client is 'how did your footy team go on the weekend'?" he explains to Neos Kosmos. This not only breaks the ice with the client, but engages them in conversation about their team, the players, the draft selection and the end of year review. The same principles can be applied when tackling the Australian share market. He uses football analogies to explain the concepts and the strategy and allows you to use them to succeed in the Australian sharemarket.
Sam isn't your average stock broker. A private client adviser with Paterson's Securities, Sam noticed that using analogies for clients was the way to go to break down the convoluted nature of the stock market. He first realised that using AFL analogies to demystify the world of finance was effective when a couple of prominent AFL players did their work placement with the firm. Sam noticed that he was breaking down barriers with his clients - many of whom didn't have a finance background - he knew he was on to something and set out to get it all down on paper. After seven months, Sam had the framework of the book Premiership Portfolio.
Unlike other finance books, Sam's is easy to understand and uses six simple steps to explain how to build a successful share portfolio. The six steps follow the timeline of an AFL season, beginning with identifying talented shares and conducting your very own 'ASX draft camp', to undertaking an end-of-year performance review of your operations and performance. He says if you can understand AFL you can understand the stock market.
"I essentially go through what feels like an AFL Season and people can use their footy knowledge to understand the market and become better investors," he says.
It was whilst studying at university that Sam immersed himself in finance books and said that even though he read pretty much everything available to him, he found they were difficult to understand. Using financial jargon, the material failed to give the readers a simplified approach to the market, something that he has remedied with his book. He says everyday Australians can use the easy to understand material and take advantage of the stock market.
"I really enjoy meeting new people and talking to people," says Sam about his passion of working in the finance industry, "and for me the biggest thing is making a difference to people's financial future.
"You treat somebody else's money like your own as people work really hard for their money, so for me it's trying to effect their financial future in a positive way, and educating people along the way as well."
And educating people he is, through his first book Premiership Portfolio. Since last month's launch, the feedback this humble stock broker has received has been promising. He's even been told by some of his clients that they are giving the book to their 18-year-old children to give them a head start in the elusive market. After all, it was a decision by a 19-year-old Sam to invest in some shares that lit the fire in the then young man's belly to pursue a career that would see him succeed in leaps and bounds.
"They need to know they are investing in a business," says Sam on the fundamental key points to investing.
"When you buy shares you become a part owner in a company so if the company does well you do well.
"You have to use due diligence so you have to understand what kind of company you are investing in, have to understand the numbers behind it and also identify the risks associated in investing in a company such as that. And have a risk management plan in place.
"Like football you have to always have your eye on the ball and make sure you have a plan if it goes the wrong way. You need to know before you make the investment what you are going to do and how you are going to handle that."
For more information on Premiership Portfolio and to purchase a copy, visit www.premiershipportfolio.com
- Register Now
- Golden Dawn's Australian aspirations uncovered
- More Greeks calling Australia home
- Paedophilia charge for Greek Australian
- Greek Adelaide church in hot water again
- AFP show support for Cyprus
- Sixth place for Alcohol is Free
- Do it like the Greeks says German consul
- Fans make the Wanderers a good investment
- Man sues Qatar over drinks car accident
- Marxist reporter won praise for his work
- 8 May 2013 | 12 Votes
- 15 May 2013 | 9 Votes
- 8 May 2013 | 8 Votes
- 3 May 2013 | 8 Votes
- 13 May 2013 | 7 Votes
- 24 Apr 2013 | 6 Votes
More from this Section
- Bank of Sydney celebrates Marrickville branch
- A super divorce derailment
- Voyage to China
- Star21 expands its coverage
- Tax return rules to change
- Retiring women
- Greek law on taxation of Greek Australians changed
- Business owner
- Stalactites turns over new leaf
- Medibank boss says privatisation not on the books
The teams that started as underdogs beat the favourites at home on Wednesday, setting up an appetizing mini-league.
The Socceroo has only made six starts for Celtic
Nick Giannopoulos, Vince Colosimo, and Alex Dimitriades take over The Party, presented by DJ Krazy Kon.
Kathy Tsaples famous recipe for a spinach pita
Allowable expenses widened for small businesses in 2012-2013
Whatever the outcome, the AFL has only one chance to get it right with no room for sentiment.
The Spanish coach also brings with him assistant Pau Marti to join Michael Valkanis
The ring is said to have transported hundreds of kilos of cannabis from Albania to Western Europe
Neos Kosmos writer Dora Kitinas-Gogos is in Greece, and gives us her perspective of what's going on in our mother country
Vettell leads at the top of the Formula 1 points table with an emphatic win in the Bahrain Grand Prix
Open to the general public, the lecture by professor Vrasidas Karalis is a highlight in the Brisbane lecture series
The schemes allowing the owners of properties that breached building regulations to protect their homes from demolition are illegal says the Council of State
University Entrance Exams begin today after Greek teachers call off strike
Wellington Phoenix striker Jeremy Brockie will play for Major League Soccer club Toronto FC
PAS Giannina upset PAOK at Thessaloniki to take the lead at the Super League play-offs
Miron Bleiberg steps in as interim coach, following the departure of the 'club boy' Bill Theodoropoulos
Greek basketball great Nick Galis honoured by his club Aris
The suspect and three others, who are already in custody, are alleged to have carried out 29 armed robberies in Attica and other parts of the country