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- Could you be financially free in 6 years?
Could you be financially free in 6 years?
Taking the steps to build wealth
How to take action and Invest Now:
Goals for this newsletter:
1. For you to understand why you do not have to wait to have extra money to invest in the stock market.
To show you how a combination of long term investments and short term investments will allow you to produce gains of 6% - 60% per month
In the later sections I will quickly show you what I am trading right now and what my expectations are for the stock market over the next several months
Why do you think Warren Buffett was able to say that with confidence?
Well I have spent many a day reading books on Buffett and despite that fact that he has been dubbed the Oracle of Omaha, I believe his accomplishments are due to one simple fact.
He started investing early and he learned from every action he took in the market. No matter what result the action produced Warren himself became better with each investment.
Due to the fact that he started so young he was able to learn on a curve that allowed him to be an above average investor during a time in life when everyone is looking for a smart guy to invest their money for them.
Sure you cannot go back to when you where a teenager and start investing like Buffett, but you can start right now and prepare yourself for the opportunities to come. Because believe me the opportunities will soon be knockin’.
3 Fatal Mistakes Every Investor Should Avoid
Starting later than today.
Fearing being wrong or Analysis Paralysis
Not Playing the Long Game
Start Today
Everyone on god’s green earth wants to be rich tomorrow and we are all taught from an early age that the satisfaction of now is worth the price for tomorrow.
In investing though, that process is as useless as a gun that won’t shoot. You have to start planning for long term wealth today and then use whatever money you have available to take advantage of buy points in your plan as soon as you see then setup.
Investing is about long term ownership of quality companies and having a plan that accomplishes your personal financial goals in buying the companies that allow you to own your life. If you do not have a current plan than I suggest you start by reading the guide I send all new readers of this newsletter.
If you live in America and do not have an IRA setup then I suggest you start there. If you invest properly in a IRA, which my thought process on that is buying and selling stocks from October - February year in year out for 20 years you can compound your money to a nice stack by the time you are 65 ½ and ready to withdrawal and retire.
The truth is that compounding a Roth IRA starting with $7,000 trading it 2 times a month at a 6% rate of monthly compounding over 10 years and you will have well over $5,000,000 in that Roth IRA after that 10 year time period. Imagine 20, 30, or 40 years of that same compounding. Come on!
I can teach you do that by the way if you keep plugging into the Under Accredited Investor community.
Kill the Fear
Scared money never makes any.
You will make mistakes, Warren made mistakes, the key difference is learning from them and then getting back on the horse and going again.
However because you read this newsletter I will flat out tell you what I am buying this coming October when the charts setup. However if you can buy more than a few 1,000 shares then eventually you and I will be 2 of the biggest owners in some of these companies and I may want to buy you out. When that day comes remember who gave you the tip in the first place! I will still pay you a fair market price, but I do plan to be the majority owner of PEP in my lifetime.
I am planning to buy GS,PEP,NVDA,LOW. Will all of these stocks setup for a buy or even setup in the same month. Probably not, but I have my list ready anyway because I have to know what targets to watch before I can setup to take my shot.
Play the Long Game
We talk about this all the time and there is entire section in the stock market cheat sheet about this.
Wealth is created over time. Warren Buffett became a billionaire over 25 years not 1 year.
You must look at this as you are planting a wealth tree that generations of your family after you will be able to lay under and enjoy the shade of your labor in their life.
The more you buy of these companies the more money you can produce from your dividends, and options trades on these stocks. You should let that money accumulate in the brokerage account you are using to build your wealth vault.
When you get ready to buy more of that stock you pile all that money into the purchase and each time you buy you should be buying more shares than the last purchase. I do not mean your accumulation of more shares because that is obvious. I mean you should actually be able to monetarily buy more stock than you bought the last time.
Currently I am in a QQQ July 26 $493 Put
Sold out of a SPY Jul22 $555 Puts Friday 7/19 for a 231% profit
I have CMI, NVDA, URI,NOW,GS on my hitlist for next week if the charts setup.
If you want to learn more about how I trade just watch my youtube channel:
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