Is Your Retirement Slipping Away? How Are You Going To Rebuild Your Wealth?
My retirement projections are all wrong! They were based on annual returns of 8% to 10%. That is what I was told I could expect. How many of you are facing the above situation? Well, we are now in a new era and there are new questions to be asked. What are you going to do?
No one is going to look out for you better than YOU! You can no longer rely solely on the advice of your stock broker or financial advisor. You need to take control of your investments.
You as an investor must train yourself to think differently. You might find that you can no longer afford to wait until losing stocks to recover, you know, those that you are emotionally tied to. That is fine. You realize that you need to make a change. Who cares how those positive investment returns come. What is important is that they do come.
The average investor needs to change the way he thinks. We need to teach ourselves to invest not with emotion, but with common sense. I treat my investing activities like a business. If a particular trade is not working as I had out as planned, I close it out and move on.
I have been told by real estate investors that the profit is made at the purchase of a property, not on the sale. Is it possible to apply that to the stock market? Absolutely, I have clients that do that very thing.
Your change in thinking will shift your focus from emotion to common sense. Such as hoping for a particular trades increase in value to monitoring the trade during its expected life. You will know the trades expected life prior to entering into the trade. Yes, you will have an exit strategy!
You need to teach yourself to run your investing activities like a business, monitoring the trade through its life cycle. You will no longer be at the whim of the stock market. I can assure you that you will feel in control of your investments.
Surprisingly, there are stock market investing strategies that allow you significantly more control over the outcome. The stock markets most successful investors do not just hope things go their way. They have tools at their disposal and they use those tools to give them the best chance of success.
Successful investors use strategies that that increase the odds of success. Additionally, they have learned to treat investing as a business. What are these strategies? Well, that is beyond the scope of this article. However, in order to find the success you are looking for you need to change the way you think. - 23221
No one is going to look out for you better than YOU! You can no longer rely solely on the advice of your stock broker or financial advisor. You need to take control of your investments.
You as an investor must train yourself to think differently. You might find that you can no longer afford to wait until losing stocks to recover, you know, those that you are emotionally tied to. That is fine. You realize that you need to make a change. Who cares how those positive investment returns come. What is important is that they do come.
The average investor needs to change the way he thinks. We need to teach ourselves to invest not with emotion, but with common sense. I treat my investing activities like a business. If a particular trade is not working as I had out as planned, I close it out and move on.
I have been told by real estate investors that the profit is made at the purchase of a property, not on the sale. Is it possible to apply that to the stock market? Absolutely, I have clients that do that very thing.
Your change in thinking will shift your focus from emotion to common sense. Such as hoping for a particular trades increase in value to monitoring the trade during its expected life. You will know the trades expected life prior to entering into the trade. Yes, you will have an exit strategy!
You need to teach yourself to run your investing activities like a business, monitoring the trade through its life cycle. You will no longer be at the whim of the stock market. I can assure you that you will feel in control of your investments.
Surprisingly, there are stock market investing strategies that allow you significantly more control over the outcome. The stock markets most successful investors do not just hope things go their way. They have tools at their disposal and they use those tools to give them the best chance of success.
Successful investors use strategies that that increase the odds of success. Additionally, they have learned to treat investing as a business. What are these strategies? Well, that is beyond the scope of this article. However, in order to find the success you are looking for you need to change the way you think. - 23221
About the Author:
About the Author: Marc Abrams is a Certified Public Accountant with over 15 years of financial and stock market investing experience. Visit Marc's website for more information on stock market investing strategies to help rebuild your wealth.
posted by X - Men @ 1:13 AM
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