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Everyone Should Retire A Millionaire

EVERYONE Should Retire A Millionaire, 

and here is why…

by Brad Reed of Real Life Trading

There are only 2 disciplines you need to do to become a millionaire:

Pay yourself firstEarn 10% rate of return

and here is how you do it…

Pay Yourself First

It's just a habit. Often hard to establish but very difficult to break! Remember, everyone has a limited budget and monthly bills to pay – house payment, car payment, retirement payment… What? You don't have a retirement payment. Most people, in their hurry to pay everyone else, forget to pay themself. By steadily putting money into your retirement account, a little at a time, for a period of time you can achieve your financial goals. First, you must commit to paying yourself, and once you do, you will be surprised how little is required each month to reach your financial goals. 

Now that you have committed to paying yourself first, the next step is to determine how much.

If you are just starting out…

$4 per day from Age 22 to 65 at 10% interest = $1,028,134

If you are age 40…

$70,000 + $4 per day from Age 40 to 65 at 10% interest = $1,003,206

If you are age 50…

$205,000 + $8 per day from Age 50 to 65 at 10% interest = $1,012,526

Or go to http://reallifetrading.com/articles/retirement-calculator for your specific situation

Earn 10% Rate Of Return

And yes earning 10% consistently is a discipline, but it's not as hard as you think. 10% is roughly the market average. You simply learn to:

Develop your own investment strategies orHire a competent investment advisor orA combination of both

By learning to develop and execute your own investment strategies….

you unlock the full potential of the market. It only takes a few hours a week, and you can learn to do it for FREE at www.RealLifeTrading.com You will learn how to…

Create 'set it and forget it” strategies so you don't have to babysit your investmentsCalculate the risk before you investReduce or eliminate risk by adjusting targets and stops during a trade while maximizing gainsGet the investment winnings at the beginning of the trade instead of the end of the tradeReceive greater gains than the movement of the stock you are tracking while simultaneously risking less.

Whether you want to spend an hour per day or an hour per week, active traders can realize 30%, 50%, 100% returns and more not matter how the stock market moves. This is not 'too good to be true;” it is merely information most people have not yet acquired that we want to give you for free.  We post and track all of our trades placed on live webinars.

Many people prefer to hire an Investment Advisor.

There are lots of financial advisors out there but very few good ones. I have worked with and interviewed many Investment Advisory Firms, and I know what to look for. In other words, I have already done the research for you. Here are a few of my criteria for choosing a Financial Advisor.

First, a proper financial adviser manages client assets for a fee only. Most advisors get paid based on sales commissions. He or she gets paid a substantial up-front commission when you purchase their recommended investments. Any subsequent management or performance of your investments has no impact on that advisor's ability to put food on the table; in other words, there is no incentive for them to work to grow your savings. Their main focus is recruiting the next person to sign up instead of taking care of the clients they have already processed.

A firm that charges a small ongoing 'management fee” has a continued interest in the growth of your portfolio. If the advisor is successful and your savings increase in value, the advisor receives small increases in revenue as well. On the other hand if your savings go down in value, the advisor's revenue will also decrease. This motivates the advisor to not only grow, but also to protect your investments and provides you the best opportunity to reach your financial goals.

Second, a proper financial adviser has investment strategies for various market conditions. Too many advisers place their client's money in one allocation of stocks, bonds or mutual funds and then tell the client to 'enjoy the good times and endure the bad.” In a bad market their only strategy is to encourage their clients to 'be patient.” Clients can and should expect more than that! If you are paying an adviser to manage your investments, that is what he or she should do.

You may also choose to do both.

In other words you may want to establish and implement your own investment strategies and hire a financial adviser to manage part of your portfolio. This actually is a very good idea and gives you some assurance that someone can take over in the event that you are no longer capable or worse, you become deceased.

Whether you learn to do-it-yourself, hire an advisory firm, or a combination of both, the road to becoming a millionaire is simply a matter of acquiring the few disciplines and habits. Anyone can do it and everyone should!

Trade on logic, not on hope

Brad Reed