One choice you will have to make with your retirement money-- if you are ever going to sleep well at night-- is to determine if you are a long-term value investor -- or a short-term market timing speculator.
An investment involves cash flow and return. The cash flow and profit one day add up to all the money you put in. Speculation does not involve cash flow—it is pure supply and demand. With the market giving mixed signals after rising seven out of the last nine years, investors are at a fork in the road. Here’s the question--are you looking to find companies with strong business models, that are actually making a profit within industries that are going to be part of the future economy? Or--are you simply looking to “get in, get out, and get paid?” Are you an investor, a speculator, or a SAVER?--(meaning you don't want to lose ANY money). On today's show, we'll show you how to stay in position to achieve your goals no matter how you describe yourself! MASTERING MONEY is on the air!!