Has The Stock Market Got You Down? Are You Concerned About Your Ability To Retire?
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 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 reality is that the average investor's thinking needs to be changed. We need to teach ourselves to invest with common sense, not emotion. I treat my investing like a business. If a particular trade is not working 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 to monitoring the trade during its expected life. I say expected life because that is known prior to entering into the trade. You will no longer just hope for a particular trades increase in value. Yes, you will know your exit strategy prior to entering into the trade!
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. I can assure you that the stock markets most successful investors do not just hope things go their way. They simply have tools at their disposal that 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. - 23162
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 reality is that the average investor's thinking needs to be changed. We need to teach ourselves to invest with common sense, not emotion. I treat my investing like a business. If a particular trade is not working 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 to monitoring the trade during its expected life. I say expected life because that is known prior to entering into the trade. You will no longer just hope for a particular trades increase in value. Yes, you will know your exit strategy prior to entering into the trade!
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. I can assure you that the stock markets most successful investors do not just hope things go their way. They simply have tools at their disposal that 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. - 23162
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 @ 3:25 AM
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