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I hope you're looking forward to this year like I am, because I expect we'll see plenty of exciting tech investing opportunities, despite the choppy market conditions toward the end of 2018.
For many, the end of one year and the start of another marks a great time to make resolutions that improve our lives. So with that in mind, I'd like you to consider creating your own Investment Action Plan for 2019.
It's something my wife and I have done for more than a decade now, and it's proved valuable as a way to update and clarify our investment priorities, which can get lost in the shuffle during the busy year.
See, each New Year's Eve, my wife and I sit down, prepare ourselves for a "financial reset," and spend some quality time together discussing our accomplishments over the prior year. We savor our investment successes – and reflect on the failures that taught us valuable lessons.
Before we wrap up the proceedings and head out to a nice dinner, we set up a new action plan that we'll review again on the next New Year's Eve.
What started out as our fun little ritual has turned into a positive financial habit – the sort that can help you attain your financial goals no matter what the market throws your way.
And that's why today, I'm going to show you how to set up your own Investment Action Plan for 2019.
It could even make you rich.
That's why we're here, after all…
The Road to Riches
I've said it before, many times, because it's true: The Road to Wealth Is Paved by Tech.
And like any journey, you're more likely to arrive at your intended destination safely, on time, and without getting lost if you have a proper map.
This "map" is essentially what an Investment Action Plan is all about.
I'm speaking from years of experience.
There's a good reason that an Investment Action Plan breeds success: Just the process of creating the plan – and being honest about your goals, your notions about risk, and about the amount of capital you have to work with – dramatically elevates the odds you're going to succeed.
With that in mind, let's go through just what your specific Investment Action Plan might actually look like…
Use these guidelines to start putting together your Investment Action Plan for 2019. You need to…
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.