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One of the biggest concerns for people of working age is their ability to retire in comfort. This concern is present, regardless of whether you are just about to start work or are about to leave. That is why it is so important, with the right care and preparation, to take away the fear of retirement provision, namely with saving, no matter how small it is.

Twenties

For most 20-year-olds, retirement planning is typically not a top priority. While this feeling is certainly understandable, as 20-year-olds are more focused on building their careers, preparing for their retirement could not begin at a better time. When it comes to 20 year olds, however, the preparation doesn’t look quite the same as the preparation for a person who is in their fifties. Namely, you can prepare for a better financial future by paying off credit card and student loan debts. In addition, they can make other smart financial decisions, such as: For example, sign up for a 401k or rollover IRA and stay on a budget. It also helps to live well and stay healthy so that the exit from professional life is as pleasant as possible.

Thirties

Retirement planning for the 30-year-old is very similar to that in the 20s, with a few small differences. In your 30s, not only is it important to do things like budgeting, staying healthy, and contributing to your 401k employer, but you should also maximize your contributions to your plans and have your savings automatically deducted. In particular, you should try to live on 50 percent of your income and save more than 10 to 20 percent in addition to avoiding too much debt. Obviously, the last part is a little tricky since the 30s are usually the years when home debt accumulates, but if you save properly before buying a home, you will reduce your debt on the property.

Forties

At this point in your retirement plan, you should seek financial advice from experts if you have not already done so. An expert can provide specific pointers to help you meet your personal financial goals in preparation for your exit. Other recommendations include aggressive saving, including hiding any bonuses and raise you might get, as well as focusing on more conservative investment strategies.

Fifties and beyond

For those over 50 and the elderly, old-age provision is likely to reach its peak. In the years leading up to retirement, two things are important: aggressive saving and conservative investing. For example, you might want to cut your spending so you can save as much as possible, and that includes reducing your debt. Another important note is that people over 50 want to get used to living on a reduced income as this will make it easier for them to move into the next phase of life.

Approaching it right is crucial in making your golden years as comfortable as possible. It is never too early to think about and prepare for the later years.

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Source by Andrew Stratton

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This year we can observe that cryptocurrencies are even moving up and down by 15% of their value every day. Such price changes are known as volatility. But what if … this is perfectly normal and sudden changes are one of the characteristics of cryptocurrencies that can help you make good profits?

First of all, cryptocurrencies only recently made it into the mainstream, so all the news and rumors about them are “hot”. After every statement by government officials about a possible regulation or ban of the cryptocurrency market, we observe enormous price movements.

Second, the nature of cryptocurrencies is more of a “store of value” (as gold has been in the past) – many investors view these as a backup investment option for stocks, physical assets like gold, and (traditional) fiat currencies. The transmission speed also has an impact on the volatility of the cryptocurrency. The fastest even take a few seconds (up to a minute) to transfer, making them an excellent asset for short-term trading when other types of assets are not currently trending well.

What everyone should keep in mind – this speed also applies to the lifespan trends of cryptocurrencies. While trends in regular markets can take months or even years, here they happen within days or hours.

This leads us to the next point – even though we are talking about a market worth hundreds of billions of dollars, it is still a very small amount compared to daily trading volume compared to traditional forex markets or stocks. Hence, a single investor making 100 million transactions on the exchange is not going to cause large price changes, but in terms of the cryptocurrency market, it is a significant and notable transaction.

Because cryptocurrencies are digital assets, they are subject to technical and software updates of cryptocurrency features or the expansion of blockchain collaboration that make them more attractive to potential investors (like the activation of SegWit basically resulted in the value of Bitcoin being doubled).

These elements together are the reasons why we observe such large price changes in cryptocurrencies within a few hours, days, weeks, etc.

But answering the question from the first paragraph – one of the classic trading rules is to buy cheap, sell high – therefore there is much more chance of having short but strong trends every day (instead of much weaker ones that take weeks or months persist like stocks) to make a decent profit when used properly.

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Source by Mike Alexander

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Day trading with the Emini S&P Futures is really a great way to make a living! I hear and read many articles, newspaper ads, and even an ezine or two that claim that day trading is a surefire way to lose all of your money. I totally disagree. On the contrary, it’s an incredible way to work a few hours a day and make a very nice 6-digit income.

Undoubtedly, many new day traders are at risk and ultimately lose their money day trading. It bothers me when I read about it. That gives the successful day traders, like myself, a bad reputation. I know some day traders who have been doing this successfully for many years. What I’ve learned is that success leaves its mark! That said, the successful day traders all seem to be doing the same thing, while the unsuccessful day traders also do the same – which, no surprise, is the opposite of what the successful traders do!

We need to examine the root of the real problem, which is why do most day traders lose all their money? I think that’s a really easy question to answer. Usually it’s a lack of discipline and a solid set of day trading rules. Sometimes it’s capitalized and scared. Fear in itself is probably the greatest of the day trader killers.

You can buy books, seminars, and maybe develop your own strategies for daily trading. All of this is great, but if you can’t follow the rules to the letter, you just won’t become a successful day trader. Discipline to follow the rules is a difficult thing! I’ll admit when I started I had a hard time changing my rules all the time. That cost me tens of thousands of dollars. Read more about my successes and failures:
http://www.eminitradingstrategies.com/emini-trader.html

Finally, I learned that the key to successful day trading is income trading. I am not trading at a target price. I know how much money I have to make every day and I go out and make it. Once I hit my daily profit goal, I just quit for the day.

My trading methods are very simple and easy to learn. They require discipline! You must follow the rules at all costs. My methods generate at least 1 point of daily trading with the S&P 500 Eminis. I support this with a double money-back guarantee!

I post my real trading results on my blog every day
http://www.eminitradingstrategies.com/emini-trading-blog/ I do not post “hypothetical” trades. I post real trades with real fills! Some of my trades are winners and some are losers. Anyway, I put it there for the world to see. I urge you to look at them. Every now and then I take a day off, on these days I post hypothetical results and make it clear that I did not act on that day! But even my hypothetical trades are very realistic trades that would have been executed with limit orders!

Please don’t believe when people tell you that day trading doesn’t work. You can make a very nice living day trading. I think the people who do it badly are just the “wannabes” who didn’t make it. Instead of complaining about it, find out why it didn’t work for you! Did you really follow every rule? Did you maintain discipline all the time? Whatever you do, please don’t berate the people who are really doing it! And that successfully every day.

It was only recently that I decided to teach my trading methods. Some of the reasons I do this is because I’m tired of hearing so much negative about my industry. I also have a strong desire to teach. I’ve shared my methods with a handful of people and I enjoy teaching and love to see the excitement and excitement in them. If you have the discipline to follow solid rules, you can be a very successful day trader.

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Source by David Marsh

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If you know next to nothing, how do you go about investing? The first thing you need to know about investing is how much do you really know? If it’s not much, then you need to read extensively to educate yourself.

In order to be well educated, you should study the basics. Find out what a stock, bond, or mutual fund is and what the differences are between these three financial products and their variables. Read books on finance and investing.

Talk to savvy investors, watch videos and live presentations. Once you understand the differences and risks involved in investing in each individual vehicle, you can move forward with confidence.

Now you can begin the second phase of investing learning. Gain experience by investing in small stocks and learn from your mistakes as well as your successes. But first find out what type of investor you are. Here are some pointers to help you get to the answers.

When you run your investment business, have a game plan and set clear goals for yourself. The answers to these questions will be valuable guides in your endeavors to invest your money.

o What is your schedule for investments?

o In which industries do you want to invest?

o How much money can you safely invest to meet your goals?

o Have you considered your short term financial needs or goals?

o Do you plan to make a living on these investments in your retirement years?

Determine your investment style. Are you willing to take risks? Or do you like steady growth? Think about this thought: will you be able to sleep soundly at night knowing your investments will go down and take a long time to go up? Or would you prefer to hand over your money to a fund manager? Do you like minimal risk in investing your funds? Take into account what type of risk taker you are as this will help you choose the financial instruments to invest in.

How long do you want to invest in stocks? Is it only 15 minutes a day? Or, do you think it’s the high point of the entertainment to spend 7-14 hours a week looking at the financial statements and discussing the merits of those stocks.

Think carefully about the answers to these questions. Knowing what kind of investor you are can help you play out your strengths and minimize the risks of the funds in which you invest.

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Source by Tim Gorman

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On March 23, 2018, the S&P 500 (at $ 2,588.26) lost about 10% from its all-time high of $ 2,872.87 on January 26, 2018, and about 3.2% over the year, presumably in anticipation of an impending trade war .

In addition, rate-sensitive stocks traded near the 52-week lows as bond and other fixed income speculators ran their inventory in anticipation of at least three rate hikes in 2018.

Obviously, a market scenario like this is challenging for:

• Large market participants (institutional investors) whose bond holdings are shrinking in price.

• Speculators with far too high P / E ratios and low or no dividend stocks.

• Income-oriented investors (retirees and “Soontobes”) who have positions in illiquid individual fixed income securities.

• 401,000 savings account holders whose pooled investment portfolios are conceptually far too heavily invested in stocks.

But it’s a perfect storm of opportunity for Market Cycle Investment Management (MCIM) portfolios. The MCIM process focuses only on fundamentally solid, S & P B + or better rated stocks of profitable, dividend paying companies (investment grade value stocks). No individual stocks are bought until they are 20% below their 52-week highs.

MCIM portfolios are diversified in a number of ways, and each security pays either dividends or interest. New issues, NASDAQ companies, and mutual funds have no place in MCIM portfolios, which also have strict profit-taking that avoids the pain of losing big profits during corrections. In addition, the “cost-based” asset allocation avoids the need to “realign” the portfolio while ensuring annual income growth with asset allocation of 40% or more to higher income.

As markets climb to record highs, the lack of individual equity investment opportunities is alleviated through the use of closed-end equity funds (CEFs). These are managed, classically diversified portfolios that can be traded in “real time”, cover most market sectors and at the same time deliver significantly above-average income (based on expenditure).

The Bucket Income Purpose uses well-diversified Income CEFs (both taxable and exempt) to secure above average income from all types of generally illiquid securities … securities that (in the form of CEFs) magically complete liquid form will become available.

How have IGVS stocks and CEFs fared in the three major meltdowns of our lives?

• In 1987, IGVS stocks were the first to rebound, and there were no corporate failures or dividend cuts; At the time, CEFs were few and far between and were not a significant portfolio holdings, but individual rate-sensitive securities rebounded as interest rates were lowered.

• In 1999, IGVS stocks and most CEFs did not “bubble” alongside NASDAQ and rebounded sharply during the flight to quality that followed the dot-com disaster. “No NASDAQ, no new issues, no investment funds” was a successful credo back then, as it should be with the next significant correction.

• In 2008 it was all fueled up and two or three IGVS financial services companies were crushed in the government witch hunt. Overall, stocks have seen few dividend cuts as IGVS companies recovered from the trough slightly faster than the S&P 500 through 2014. However, earnings CEFs outperformed the overall stock market while theirs was theirs from 2007 to late 2012 Dividends until around 2016 when CEF tax-free yields began to decline.

So while some managed portfolios may have inherent quality, diversification, and return issues during corrections, MCIM portfolios offer new investment opportunities. While some investment portfolios need to use capital to pay retirees a monthly income, the vast majority of MCIM portfolios have excess income that is used for capital growth in any market scenario.

As of this writing, there are four types of investment opportunities:

• The number of IGVS stocks, falling 20% ​​below their 52-week high, is on the rise.

• There are roughly forty CEFs that are primarily equity based and represent a variety of market sectors with ongoing returns of between 7% and 9% after all internal fees and expenses.

• There are no fewer than sixty-one taxable income CEFs representing a variety of types of securities, with current returns ranging from 7.5% to 9.5% after all internal fees and expenses.

• There are at least thirty-one federally tax-exempt CEFs paying between 6% and 6.6% after all internal fees and expenses.

For the long-term health of your portfolio, make sure you use it … this time. It has been ten years since the last sharp market correction, and it just makes sense to use an investment vehicle that provides the fuel needed to take positions at lower prices. The clock is ticking.

The “add at lower prices” approach is particularly effective with CEFs where each addition:

• Reduces your cost base and accelerates the return of profit-taking opportunities.

• Increases your dividend yield on the security and.

• Increase your annual portfolio income.

What’s the old scout motto? Law…

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Source by Steve Selengut