Are you getting the most out of your IRA?

What is your plan for the patient future?

Focusing on the week we had in the markets will make you some money. You may have seen even as much as 200% gains in your trades this week. The end game of the short term focus without the long term plans will eventually put you right back where you started.
Winning streaks never last and you will always give the winnings back to the market if you do not have a long term plan for taking care of your future.

I trade way better than most because I am not burdened by the fear of needing that capital for my long range financial freedom.

My cash for “retirement” is coming from my IRA and that is compounded very lazyily but also in a way that keeps my confidence.

I know when I am 40-45 I will have well over 50 million in my IRA.

Was that a typo? NO

I am serious your IRA can really be that big and there is no one stopping you from making that happen; except your own belief and some skillset training.

I am working on a small ebook that outlines this, but until I get that finished let me layout some tatics for you to use now:

IRA Growth Hacks:

1. Buy and Sell stock at certain points during the year when we have the highest probability for a rising market. Look for buy points during November- January and Mid-March.

2. Find about 5-10 stocks that you can buy and sell that move well enough for you to get double digit returns in a stock trade using the Daily, 3d, and weekly charts to enter and exit trades.

3. Sell all your stock and put your money in cash until the next time you find a buy point on that stock or another stock in your basket or IRA stocks.

4. You compound your money by using all the money in your IRA rolling over the profits and proceeds into the next purchase.

Just imagine having a huge $10,000,000 sum in your IRA that when you cash it out you can put into a low risk account earning you 5-10% annually and living off the interest of that money for the rest of your life and doing it while you are still young enough to enjoy.

Market Update going into Veteran’s Day

Since Monday is Veteran’s Day I would like to take a moment and give a strong thank you to any of our veteran’s reading this newsletter. The only reason I am able to live free and enjoy the fruits of the stock market is because you choose to serve and stand strong in the void.

From my family to yours Thank you!

I encourage any of you to find a veteran to thank on your own time. You would be suprised at how many of our men and women who serve go years without ever hearing a real thank you.

The markets closed with small gains mostly due to Friday being the beginning of a long weekend and big money takes time off during these holidays.

I fully expect to see markets open up on Tuesday then finding some profit taking later on this next week as we hit major resistance lines on my charts for the $SP500, $COMPQ, and $INDU.

If you are in some solid trades you may want to be looking for a profitable exit soon.

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.