Sports Star Index

Missing Fantasy Sports? Try Fantasy Finance & Win Real Cash 

By Kerim Derhalli, Invstr CEO

Every major sport, from basketball to tennis, is on hiatus. That means that millions of fantasy sports fans around the world are currently looking for a new pastime with the same levels of competition, social connection, and opportunities to win extra cash. When we launched Invstr’s Fantasy Finance in 2018, we always thought it would resonate with those who love fantasy sports; you pick your stocks the same way you select players and build a roster; you compete against your friends to see who can come out on top and win bragging rights. With Fantasy Finance, draft day happens every day, as you buy and sell stocks while the market moves in real time. The score is constantly changing, which makes gameplay even more exciting!

While we don’t necessarily see ourselves as the app version of ESPN’s “The Ocho” (we think the financial markets are a little more exciting than competitive stone skipping), we’re glad to offer a fun, engaging, and educational app during these uncertain times. For those of you who have been missing the adrenaline rush that comes with competition, Fantasy Finance is the perfect salve—right now, stock moves of 5% or even 20% are common!

With downloads of Invstr now approaching one million and users spending twice as much time on the app than before the pandemic, many sports fans have set up virtual Fantasy Finance leagues with their friends and families. That includes users like Claudia Bonny, who told us that Invstr has “done a good job mimicking fantasy sports.” Louie Gatlin, another user, said, “I have enjoyed Invstr Fantasy Finance and keep it in a folder with my fantasy football apps. My brothers have the app too, and that lets me compete and learn about stocks and trading, while having the thrill of beating them at the game!”

To celebrate everyone around the world who is coming to us for their fantasy fix, we’re now releasing the Invstr Sports Star Index, which includes prominent investments from some of the world’s most iconic athletes. 

The Invstr Sports Star Index is up 22% in April and 163% over 5 years,  outperforming the SPX major Index by 6% in April and 127% over 5 years. These stocks include: 

  • Shaquille O’Neal’s tech favorites Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOGL), 
  • New York Mets pitcher Noah Syndergaard’s bets on e-commerce giant Amazon (NASDAQ: AMZN) and electric car company Tesla (NASDAQ: TSLA)
  • Miami Heat star Andre Iguodala’s video conferencing company of choice Zoom (NASDAQ: ZM) 
  • Retired basketball star Magic Johnson’s preferred coffee chain Starbucks (NASDAQ: SBUX)
  • The iconic sports brand of choice for athletes, Nike (NYSE: NKE), endorsed by basketball legend Michael Jordan
  • The plant-based food company Beyond Meat (NASDAQ: BYND) loved by both Brooklyn Nets player Kyrie Irving and former professional skier Lindsey Vonn
  • Former New England Patriots defensive lineman Jarvis Green’s popular streaming service Netflix (NASDAQ: NFLX) 

Will you follow in the footsteps of your favorite athletes or make your own way into the exciting world of the stock market?

Download Fantasy Finance and see what the hype is all about: https://invstr.com/fantasy-finance/

Share:
More Posts
OPEC’s Decision 🛢

OPEC leaders just hosted an important late-November meeting that may signal a change in strategy.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.