How You Can Retire Poor... or NOT!
Published: Sun, 11/21/10
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Tonight... The Market Toolbox LIVE!
Hi Toolbox Fans,
Tonight Jeffrey and I will be LIVE at 8pm Eastern time for The Week Ahead edition of The Market Toolbox LIVE!
I read an interesting article this morning about how Wall Street has "chased away" a whole generation of investors just like what happened after the great depression that started in 1929... The BIG news is how much of a mistake that was for that generation as the damage had already been done!
In today's case there are many people that were damaged by the Dot Com bust and got hammered again in the crisis of 2008.
The real truth is that "long-term" investors were counting on "hope" as their strategy rather that using their heads and moving to the sidelines as it all came crashing down.
The simple facts are this... If you plan to retire someday you need to compound your wealth in a way that cannot be achieved by today's low interest rates on cash and fixed income securities which is where all the money is right now.
Consider this... If you could make a couple hundred bucks a day trading the market you are making close to $1,000 a week which is really much more than just a second income and a lot easier than most people believe.
It is a shame that people are such emotional creatures and feel like the game cannot be won by average folks like us.
The facts are that we warned everyone on our list and in our shows about what was coming in 2008. We told people where to "draw the line in the sand" and when to get out and avoid the devastating losses.
We even told folks in March of 2009 when it was time to get back in and the S&P is up 77% since then.
Market timing is not impossible... it is easy and if you do not take advantage of this information you will only have yourself to blame when your golden years end up being less than they could be.
I see the powerful gains in the Research Lab daily that can be locked in by those willing to participate and trade stocks using our low risk entry strategies and the powerful gains being made by folks trading in Jeffrey's E-Mini room.
DO NOT BE AFRAID!
The only thing we have to fear is the risk of being on the wrong side of the market action and the unfortunate circumstances that will result when you have not done enough to sock away the future you deserve.
It pains me to think that people are settling for less that they could have out of fear.
I am not saying that there will not be losses... but the markets can be managed in such a way that you will not be on the wrong side of long-term action and if you are willing to trade in the short term the gains can be POWERFUL!
I encourage everyone to gather what you have left, take the bull by the horns and get back in the game.
Will the market just go up? No... Will the market come unglued and take another big leg down? Maybe... But I DO KNOW THIS...
If you are on the sidelines and not proactively managing your retirement portfolio and settling for fixed income rates or worse... savings interest or CD rates... you WILL NOT MAKE IT TO WHERE YOU WANT GO!
If you want to be in bull markets and out of bear markets we can do that. If you want to be in bull markets and make money to the downside as well we can do that too.
If you want to lock in some trading gains every week to help pay the bill and offset the destruction of the purchasing power of your dollars... DONE! We can do that as well!
What we cannot do is save you from the paralysis that comes from fear and still have you retiring in the style you would like.
I know that times are tough. I know that it is likely that it is not going to get any easier to make ends meet. That is even more reason to find the investment and trading styles that are right for you and get back in the game.
Let me close by saying this... You cannot win if you do not play. Do not let the media scare you and whatever you do... do not take financial advice from anyone you see on TV.
The time to get serious about compounding your wealth is NOW. I cannot do it for you and nobody else will. YOU must get in the game, take full control and play to win.
It is not some mysterious game that you cannot understand and if you need help or advice we are here to answer any questions that you have.
For the last 12 years we have been providing tools and services to people JUST LIKE YOU and these people are not only still in the game... But they play to win!
We'll See Tonight at 8pm Eastern for The Market Toolbox LIVE! Do NOT Miss out!
Until Next Time...
Best Wishes and Good Investing,
Doug Newberry The Investing Systems Network
The Market Toolbox LIVE! is a presentation of the Investing Systems Network. We help you work with the markets every trading day in the Research Lab and the Swing Trading Club. We Welcome & Appreciate Members Like You! | ||||
