Your Daily IQ Retirement Brief 3/3/22
Investment mistakes are easy to make, even when you take a logical approach to the market. And who among us is 100 percent logical all the time? Most people in or near retirement would rather not spend hours a day studying market trends, money flows, and reading detailed reports. That's why you offload that task to a professional. But there were a number of money managers and analysts who were caught off guard by the 2020 election. Many thought it was logical that if Joe Biden won the election, the market would decline. But the market went UP on election day, proving one important thing: the market is RARELY logical! But does that mean YOU can't take a logical approach to your investments? Not at all! Today, we'll examine just how to do that. A truly educational show you don't want to miss...MASTERING MONEY is on the air!!!
Your Daily IQ Retirement Brief 3/2/22
How well have you done with your investments over your lifetime? You've had some good years where you got twenty percent or so perhaps. But, like the rest of us, you have had some STINKERS. Most investors lose money an average of three years out ten. That's why averaging ten percent is so hard. Most investors also buy stocks or mutual funds haphazardly--without a clear strategy. That's another proven way to hurt your overall returns. How long does it take to DOUBLE your money? Using the Rule of 72, money doubles every eighteen years at four percent compounded, it doubles every twelve years at six percent compounded, and every nine years at eight percent compounded. Today, we'll review the real secrets of raising your average rate of return and how get a guaranteed bonus of ten percent on a safe fixed income vehicle, with a GUARANTEED growth rate of 7 percent COMPOUNDED. Then health insurance expert Shelley Grandidge joins us. A very timely show you don't want to miss...MASTERING MONEY is on the air!!!
Your Daily IQ Retirement Brief 3/1/22
So, what's going on with these crazy markets again? Can you spell "robot"? Every time volatility returns to the market, some investors appear to be shocked that Wall Street is not as safe as an index annuity or a bank CD! Face it. Stocks go up… and stocks go down…then up again. They always have and always will. In fact, it’s because they DO go up and down that you actually have a chance of making good money. If there were no risk, there would be no way to make a gain. So, how do you play a volatile market today? Three words: "quality, quality, quality." Buy companies, not stocks, and only buy companies that make real money! Today, we'll explain in detail what's happening with algorithmic trading right now, how it is at the root of these big swings, but more important: exactly what to do to keep building and protecting YOUR retirement money, the Smart Way. Don't miss it....MASTERING MONEY is on the air!!!