Golf & Investment Academy #2

Tip #2: Formulating a Plan

Haney Golf Tip

Hank Haney is a PGA Teaching Pro and a Charles Schwab client in the USI've always said that to get better at golf you have to have an approach – you need a system, you need to formulate a plan! Without one, you have no chance to improve.

The first thing you need to have is a picture in your mind of where you would like to go. It works the same with me when I coach students. I look at someone's golf swing and I plan where I want to take them, where they need to go, and how.

A lot of times in golf, people's goals are not really goals – they're almost dreams. For me, a goal is like a stepping stone on the way to the end result. Maybe that end result is the dream. I teach a lot of players who want to be on the PGA Tour and win. To win a major championship is a goal, but it's also a dream – it's a long term place a player wants to get to. So you need to have a lot of intermediate goals, to help you gain momentum.

For instance, if you're shooting in the 100s, then your first goal should be to break that century barrier. Through practice, instruction and improved course management you can soon be carding rounds in the 90s. They may seem like little steps when you start, but before you know it you're moving along, covering a lot of ground and keeping yourself on track for the long term.

Picking Your Spot

Course management can help improve your game and save you shots. The first rule of course management is to pick the right spot to tee off on every hole. Always tee off on the side of the trouble. Imagine there’s water and bunkers lining the right side of the fairway. In this case you’d want to tee the ball up on the right hand side of the tee box. This allows you to hit away from the trouble, which gives you a better angle and essentially allows you a wider margin of error.

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

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