Is Your Retirement Slipping Away? How Are You Going To Rebuild Your Wealth?
Did we ever think that a decade or more of stock market gains could be wiped out over a period of several months? The years of easy 8% to 10% annual returns are long gone. Do you find yourself asking questions? What am I going to do about my retirement projections that used those annual returns? How will I ever get my finances back on track? Well, we have entered a new age with new questions to be asked. What are you going to do?
There is only one person that is going to look out for you during these frustrating times. It probably is not your broker, or even your financial advisor. After all, they allowed you to get into this position, right? Well, that person is YOU!
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 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.
A change in thinking will shift your focus from hoping for a particular trades increase in value to monitoring the trade during its expected life. I say expected life because that is known prior to entering into the trade. Yes, you will have a definite 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. - 23229
There is only one person that is going to look out for you during these frustrating times. It probably is not your broker, or even your financial advisor. After all, they allowed you to get into this position, right? Well, that person is YOU!
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 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.
A change in thinking will shift your focus from hoping for a particular trades increase in value to monitoring the trade during its expected life. I say expected life because that is known prior to entering into the trade. Yes, you will have a definite 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. - 23229
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 @ 11:59 AM
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