From Zero to $990,000 a Milliennal Investor Cheat Sheet

Want to know of a book that can change your life?

Recently I have been re-reading and listening to “What to say when you talk to yourself” by Shad Helmstetter,Phd

Everything we talk about on this newsletter can change your families financial destiny without a doubt.

I know it works because of the results in my own life, but if I hadn’t changed my self talk I would have never seen the results of all the work I have done to learn to do the stock market well.

Self-talk can be the one piece of the puzzle you are missing to gain control of your life and take your life in the direction you want to go.

 Deep Dive

- The Playbook for growing to $900,000 plus and generating $46,000 - $50,000 in monthly income

Let us begin with the obvious elephant in the room; this is only a playbook.

You understand that building an account to $900,000 plus is going to take time, hard work, and discipline. The figures I use here aren’t going to work out exactly as planned.

Imagine this ….

If you had a $1,000,000 cash could you live off 5% of that a month?

If you apply this playbook and actually follow it with discipline then you could eventually find yourself choosing how you want to live!

The Foundation

The playbook works by focusing on short term trades and moving a percentage of the profit at the end of every month to a seperate account for income creation.

The way this works is you are going to trade in one account 8-12 times a month for the next 5 years.

The aim is a minimum of 20% profit per trade, but we never exit a trade that is working just because you hit 20% mark

You have a profitable trade close then you move the money from the trading account keeping a percentage to grow the principle.

You move some of the profits to pay taxes, some profits to longterm investments, some stay in the accout to grow the amount going back into the next trade.

That is the foundation for you to setup 3 accounts that have money flowing to them from the first account which is going to be the primary trading account.

I would open the trading account with whatever you can afford to start with keeping in mind that you will be trading indexes and those are somwhat cheaper to trade options wise than the stocks I have talked about in the past.

The Income Generation Account

This account is going to be where the majority of the money you earn piles up

It is important to the flow of this process because it is going to be the eventual end goal for you to have a stock pile of money in stocks that you can then use to produce passive income through dividend checks and covered calls.

Now that takes time, but trust the process because eventually when you’re getting a $20,000 dividend check from one company for not doing anything at all and you will be thankful you had the patience and discipline.

This has always been my longterm plan.

Buying stock in companies that pay out dividend checks at a different month of every quarter, so that down the road I will get a monthly dividend check from my investments.

Then you can use covered calls to create other income when you need it.

You control your income by targeting selling calls that will produce a 5-10% profit from the call premium.

Letting the call expire worthless after you have collected the premium.

I will not give reccomendations in this newsletter, so you have do your own reasearch on what stocks to buy.

I will say that borntosell.com has some great tools to help you figure out which stocks work well for your money and covered call selling.

Here is some criteria for companies to buy that you can use to create income:

• stock has to be optionable

• stock has to pay a nice dividend that is growing

• stock has to be in a growing sector based on what our global population needs (focus on American)

• stock should have a global business

• stock needs to have some kind of competitive advantage

Read “The Essential Buffett” if you want to better understand how to indenify a competitive advantage.

The Trading Account 

We are using index trades to turn small amounts of capital into large chunks.

These large chunks allow us retail investors to buy big chunks of stock!

We focus on doing trades on QQQ, SPY, $RUT and we do trades when the SRSI,MACD,DMI indicators all cross at the same time.

Let me explain a bit about these indicators and how anyone can use them.

Schwab has a platform called Think or Swin and it is free for anyone with a Schwab account.

You can setup these indicators as you see fit and use the Daily,3d,and Weekly charts to do the majority of your trades.

Focus your trading around earnings months October-November, January-February, April-May, and July-August.

These trades are going to have the highest probability of working out in your favor for 5- 10 days of consistent movement in your direction.

In closing,

The account will grow huge and you will move the money after taxes to provide for lifestyle changes in your family. You will see that as the money stacks your stress about money related issuses in life will slowly fade away.

On to the current state of the markets and our fine American political system that is causing so much turmoil for us as investors.

I am only 33 but this has happened in the market during every presidental election year that I have traded and invested through.

I am going to share what I have learned from some very successful hedge fund managers about how the markets actually are effected by the election.

Bottom line is the election matters only because it is an unknown.

The market depores unknown outcomes; meaning we should see no major movements until we have a newly elected president.

That doesn’t mean smaller movements will not take place, but the big movements we expect in October- January are going to probabiliy hold back until after November 6th.

Once we have a president elect then the unknown is over and the markets go back to business as usual.

However with this current market, business as usual is going to be major downside movement sometime between November and January.

The biggger charts,Quaterly-Weekly, are ready for major profit taking.

That will eventually setup and take place; it will not matter market wide who is president.

I’m sorry to burst the bubble of your right or left voting mind, but when it comes to the market I cannot afford to care about democrat or republican and you cannot ethier.

WE HAVE TO REMAIN OBJECTIVE.

I want to personallly welcome everyone that is new since last week’s edition.

Welcome to the Investor Family!

The goal here is for you to learn the edge that you need to begin building your families financial generational wealth change!

Your Friend in Success,

Robert M Morris

*Please note this is not financial advice as I am not a financial advisor and honestly not sure I want to be. Give this information to your own financial advisor before acting on it in your own voliation.