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No matter if you have a mutual fund account, an IRA, or an employer-sponsored retirement account, you've probably been told at some point in time: put your money in for the long term in order to build your wealth.
This mirrors the idea that contributing a specific percentage or dollar amount of your paycheck during your working years will set you up for a nice retirement - and it's the single most common piece of investment advice out there.
But here's my concern...
The amount of money and time you need to build your wealth depends on your own lifestyle and desires. There's no "magic number" for you to reach. Your wealth is what you want it to be.
Now, I'm not disputing that you can make money over the long haul...
I'm saying there's a much faster - and much easier - way to finally get that vacation house you've always dreamed of...
That's why I'm going to completely pull back the curtain and share ALL of my trading secrets that I've used to become a multimillionaire, so you can amass a fast fortune for yourself.
I'm prepared to give you an easy-to-follow blueprint for grabbing super-quick cash payouts of $605... $822... $1,190... $2,830 every single week... You can see it all laid out right here.
So don't let Wall Street hold you back any longer.
It's time to get a head start on your financial goals.
You Can Secure Your Financial Goals - and Quick
With the consistent volatility of 2018 - and earnings on deck - investors may find themselves wondering what's the best next move to make.
But the real question is, should you pursue long-term or shorter-term investments?
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Now Warren Buffett, legendary investor, says that while he doesn't know what the U.S. markets will do in the next 10 to 20 years, he believes they'll end higher because we've got the "secret sauce" here in the United States. Others might tell you that the markets are overbought and due for a correction, so there's no point in investing for the long haul when a sell-off is coming. And options traders will tell you there's no point in waiting forever to get your money... when you can turn profits on a daily, weekly, and monthly basis.
But when it comes to putting your money away for the long haul, you've got to a consider a few things. For starters, you'll need to identify your trading type to know whether or not you've got the temperament to hold your investments over a long period of time without catering to the catastrophic news headlines, periods of downward price moves, slow gains, and daily fluctuating account values.
And when it comes to short-term trading, you need to know whether or not you've got the temperament to commit to "earning while learning." This means you've got to know - before spending a penny - whether or not you're committed to learning shorter-term directional equity and the appropriate trading strategies to use. You also need to be disciplined about your trading decisions and stick to your rules.
Personally, I am an advocate of putting your money to work over the long- and short-term. That said... I ultimately believe in short-term options trading over long-term investing because there's always a way to make money, no matter if the markets are up, down, or sideways. On top of that, I don't believe in spending a lot of money to make a lot of money - and options are the best vehicle to make that happen. Trading options lets you participate in the price movement of equities and the stock market without incurring the tremendous cost involved with the ol' "buy and hold" approach.
The other major advantage - aside from the daily, weekly, and monthly profits you can pocket - is the lifestyle that short-term options trading can provide you. With options, you can set your trades and go. You don't need to shackle yourself to your computer or glue yourself to financial news headlines. You can go enjoy your life - instead of working overtime or picking up another part-time job.
You see, for most of my life I was just this average Joe scraping to get by. I was tired of busting my butt for 40, 50, shoot - 60 hours a week. I've been there - done that - I didn't want to do it anymore.
I didn't want to be stuck at a job I didn't like until I was 80. I hated hearing that alarm clock buzzing in my ear every morning. It meant that I wasn't in control of my time.
Somebody else was.
It also meant I wasn't in control of my money. Because if you are working for someone else - they're in control. And I didn't want somebody else controlling how much money I was able to make - and when I could make it.
So I taught myself how to trade - I had a knack for it - I used my early winnings to start a trading technology company - I was paid $20 million to sell it...
At that point, I was in complete control of my time - my money - my financial destiny. And I became richer than I ever thought possible.
That is - until I invented something brand-new... And I didn't want to keep it to myself. I knew it could change people's lives.
Which is exactly what it did.
Now - for the first time - I'm pulling back the curtain and revealing all the trading secrets and strategies I've used to become a multimillionaire, so you can amass a fast fortune for yourself.
Using the same intelligence from my patent-pending invention, I'm going to show you how to set up a series of take-it-to-the-bank payouts of $605... $822... $1,190... $2,830 every single week.
I'll guide you step by step, click by click, on how to set up your account...
All you have to do is follow along - no guesswork. And the best part is... it'll only take you 10 minutes per day.
And I'll be here every step of the way... I'll show you the best strategies to earn while you learn - and get that dream vacation house quickly and easily.
The post Why the Old "Buy and Hold" is No Longer the Way to Go appeared first on Power Profit Trades.
About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.