Golf & Investment Academy #1

For those investors out there, you might find golf and investing share a lot of similar attributes. Both require careful planning, patience, and discipline, to site a few examples. Charles Schwab, Hong Kong, Ltd., a financial services firm serving investors in Asia certainly believes so.

Haney Golf Tip

"Getting a good grip is your first step to hitting a good golf shot," Haney saysHank Haney, a Charles Schwab client, is another who believes in the importance of fundamentals. The world-famous golf instructor, who has given over 40,000 lessons to both amateurs and pros throughout his illustrious career, is determined that all his pupils get the very best out of their games – and says that success begins with a solid foundation.

In golf, the most important fundamental is the grip," Haney says. Every good golf shot starts with a good grip. First of all, Haney says, you want to make sure your thumbs and forefingers are pressed together (see inset). For a neutral grip, fit your hands on the golf club so that the 'v' that's formed by your thumb and forefinger point toward your right ear – with both hands.
 

Feel the Pressure

Another thing you need to consider when it comes to your grip, continues Haney, is your grip pressure. If you have a tendency to slice the ball, favour a lighter grip pressure; this will make your hands more active and make it easier for your to square the clubface as you come through the shot. Conversely, if you have a tendency to hook the ball, hold on just a little firmer. That will slow down the closing of the clubface and help eliminate those shots to the left.
 

For more on the connection between golf and investing, please visit www.schwab.com.hk/golf

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