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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 a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
And even with decades of experience, Michael believes there has never been a moment in time quite like this.
Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.
To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.
His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.