Compared to a full work day of 8, 10, or even 12 hours long, half an hour is really not all that much.
But thirty minutes every day could make you a healthy return on investments.
I always say that to be successful in investing, you cannot follow the "trend of the day" as everyone else fails out there.
Instead, when you find very simple strategies that you can repeat every day, you'll have much more consistent gains for your portfolio.
I've developed one habit which seems at first not just bizarre but totally unnecessary, yet it's helped put me at the top of the markets with a perfect track record.
To make extraordinary gains like that, you have to do something out of the ordinary.
My routine is one no one else does, but it's so simple you can make it a daily habit.
And what I do for a few minutes every day can make you money, lots of money.
How I Find the Big Money Winners and Avoid the Losers
Every day I read over the filings at the SEC.
It might sound crazy and not so fun, but I don't do it blindly, as I look for very specific details.
It becomes as easy as reading a map, knowing exactly how the markets are headed. I'm not the only one with a successful routine either, just look at the system Garret Baldwin made.
His proprietary system allowed him to escape his dingy studio apartment in NYC to his beachfront property in Naples, Florida - one of the richest zip codes in the U.S.
He takes the vast and complicated network of unfathomable finance data and reduces it into 4 profit-making stages.
Once you see how much money it's made him, you're going to be dying to see how much money it can make you!
For myself, I check what's going on in the insider buying space.
I do this for the same reason that I read reports released by the Federal Reserve and FDIC.
It's not because they are riveting literature, I can tell you that.
But it can be highly profitable when you put in the time and effort to find the nuggets.
The 13D filings are made by activist investors who have accumulated 5% or more of a company's stock.
Activist investors, or what we used to call them in the good old days "corporate raiders," quite often succeed in forcing management to cut costs, buy back the stock, or even sell the company.
I've studied these investors for almost all of my time in the markets.
Now I have a pretty good knowledge of who wins and who loses in this space and whether or not a particular campaign will work.
Pirating ideas from these stock market buccaneers has made me quite a bit of money in the past and selectively jumping board with certain activists should continue to be profitable.
I don't follow Carl Icahn as carefully as I did years ago, since he has made so much money over the years that he is limited to which companies he can buy.
Every once in a while, however, I see an Icahn play that looks like a high probability win, so I am willing to get my money alongside Carl and take the ride with him.
Last week he filed a 13D announcing that he bought an additional several million shares of Conduent Inc. (NYSE: CNDT) bringing his total ownership to more than 29 million shares of the former Xerox division.
Conduent is the perfect target for Icahn as it is bloated with businesses that should be doing well but simply isn't.
He's been very successful in forcing management hands in the past, and I feel pretty good about this campaign's chance of success.
Conduent is in all sorts of businesses that should be doing very well right now, including things like digital payments, claims processing, benefit administration, automated tolling, regulatory compliance, and distributed learning.
Instead, revenue is declining.
The company recently reduced its forecast for 2019, and the CEO resigned, sending the stock down sharply which is what inspired Mr. Icahn to step in and buy more shares.
However, this has already turned ugly.
Mr. Icahn had a representative on the board who resigned in April when the company tried to end matching 401K contributions to its over 10,000 employees to manage earnings and prop the stock up.
Mr. Icahn has since demanded the chairman resign, but so far only the CEO has been shown the door.
With the additional stock purchase, I think the heat is about to get turned up, and we could see some sort of deal that moves the stock price a lot higher.
Follow This Method for Bigger, Easier Gains Ahead
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On the same day Ares Management (NYSE: ARES), a leading private-equity firm, filed a 13D announcing a new stake in shares of IEA Energy Infrastructure (NASDAQ: IEA) via preferred stock offering.
We cannot get in on the preferred shares, but the common stock looks very interesting with the potential for enormous upside over the next few years.
The company specializes in solar and wind projects and is one of just three companies that builds wind farms in the U.S.
They also work in the petrochemicals, biomass fuel plants, and heavy civil engineering markets, but right now most of their work is building wind farms.
The backlog is growing, and the wind and solar plants should remain in high demand, particularly should the Democrats gain full control of Congress in 2020.
The company came public via a merger as a special purpose acquisition company (SPAC) in 2018.
Management has done several deals to grow the company and issued more shares and debt to pay for them.
This has not been received kindly by the stock market.
This is an interesting situation that has a bit of the "hero or zero feel" to me.
Let me explain what I exactly mean.
If the company can convert the backlog of projects into cash flow and start paying down debt, the stock is probably going back up into double digits.
MIII Capital was the sponsor of the SPAC, and they need this to succeed or their days in the deal-making business are over.
Ares has warrants to buy more shares in the company and are entitled to a board seat.
Thus, I view it as highly unlikely they allow management missteps to make them miss a considerable payday.
However, Conduent is still a higher probability situation.
Icahn has been buying the stock since the spin-off back in 2016, and his cost is likely in the high teens.
I view it as very unlikely that he would settle for a price that didn't lock in a high gain above that level.
IEA Energy Infrastructure is more of a "Vladimir Guerrero Stock" where we are swinging at a bad pitch, but if we do make contact, the ball will go a very long way.
If this works, it should at least triple your money from here.
It's a coin flip with an asymmetric payout that could triple your money or better if it works.
But there are even more opportunities out there.
We’ve been riding high on an 11-year-long bull market.
But 2018 was shaky at best. There are signs everywhere that a crash may be imminent in 2019.
You don’t need a crystal ball for an opportunity to make money in current market conditions. You just need to follow the smart money.
Whatever you’re dreaming of doing, this could be your best bet at sleeping easy at night and potentially living larger than you ever imagined.
The post You Need Only 30 Minutes Every Day to Make More Money appeared first on Max Wealth.
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of Peak Yield Investor.