For many years Australian have been letting others choose the shares they should invest in.
These so called ‘Financial Experts’ with a Degree in this, and a Diploma in that, have sold you that they knew better than you.
The problem is, in the last couple of years the mutual funds they have sold you, lost your money. They the Financial Planners tell you, it is either market correction or everyone is losing money in the market, you are not losing as much as everyone else.
The worst thing is most Financial Planners who sell you the mutual fund, will receive a trail commission for every year you are still involved with that mutual fund. Do you think the Financial Planner has got an interest in looking after your need if you pull out of the fund?
I do know many Financial Planners will not invest in mutual funds. The reason… is they can invest in selected shares better than the fund managers, they suggest to you.
So the question is, why are you letting financial advisors invest your money.
Is it because, it is difficult? You do not have the knowledge? You are scared you may lose money?
I too was in the same way, I did for a short time allow others to invest my money. Then I learnt.
Why was I scared to lose my money when I was not scared to let other lose my money?
Knowledge is easy to get, there is enough books on the subject. It is really spending the time to sit down and read the books. Once I had the knowledge it was not difficult at all to invest in the Share market.
I was lucky, I came across Jamie McIntyre 21sy Century Homestudy program. It was all about how I can use different investments from Shares to property, to the internet to make money. How cool is that.
I now options trade, and for the last year I have made over 3.5% net per month on my investment in the share market.
3.5% may not seem much, but remember, how much doom and gloom is in the market. But if you think about it that is 42% for the year…. For every $10,000 I invest, I get $4,200. I think that is great, it gets me to my financial goals, not as quick as some, but it is consistent.
It started for me in getting my free Wealth Creation DVD, which will have Jamie McIntyre speak to you on a couple of strategies that will help your finances. Click on this link and sign up to get your free Wealth Creation DVD