Is Your Retirement Slipping Away? How Are You Going To Rebuild Your Wealth?
One step forward, five steps back. This seems to be the motto lately, especially when it comes to investing. Many people thought that 8% to 10% annual returns were just something to be expected. After all, how many of you used those returns in your retirement projections? Well, we have reluctantly entered a new age with 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 learn to think differently. You might find that you can no longer afford to wait until those precious stocks recover, you know, the ones that you have an emotional tie to. That is entirely alright. Who cares from where your positive investment returns will come. What is important is that they do come.
The average investor's thinking needs to change. We need to teach ourselves to invest in the stock market using common sense, not emotion. I treat my investment activities like a business. If a trade is not working out as I had planned, I close it out and move on to the next one.
I have been told my real estate investor clients that the profit for a property is made at the time of purchase, not on the resale. Is it possible to apply that thinking 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 learn to train yourself to operate your investing activities like a business, watching the trade through its life cycle. I can assure you that you will feel in control and not at the whim of the stock market.
Did you know that there are stock market investing strategies that allow you significantly more control over the outcome? I know that the stock markets most successful investors do not just hope things go their way. They simply use the tools at their disposal to give them the best chance of success.
Successful investors use strategies that tip the odds in their favor, and 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 can start by changing the way you think. - 23211
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 learn to think differently. You might find that you can no longer afford to wait until those precious stocks recover, you know, the ones that you have an emotional tie to. That is entirely alright. Who cares from where your positive investment returns will come. What is important is that they do come.
The average investor's thinking needs to change. We need to teach ourselves to invest in the stock market using common sense, not emotion. I treat my investment activities like a business. If a trade is not working out as I had planned, I close it out and move on to the next one.
I have been told my real estate investor clients that the profit for a property is made at the time of purchase, not on the resale. Is it possible to apply that thinking 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 learn to train yourself to operate your investing activities like a business, watching the trade through its life cycle. I can assure you that you will feel in control and not at the whim of the stock market.
Did you know that there are stock market investing strategies that allow you significantly more control over the outcome? I know that the stock markets most successful investors do not just hope things go their way. They simply use the tools at their disposal to give them the best chance of success.
Successful investors use strategies that tip the odds in their favor, and 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 can start by changing the way you think. - 23211
About the Author:
About the Author: Marc Abrams is a Certified Public Accountant with over 15 years of financial and investing experience. Visit Marc's website for more information on stock market investing to help rebuild your wealth.
posted by X - Men @ 1:12 AM
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