Finding time to take control and manage your retirement account or have a regular account seems daunting. But there are solutions that will make it easy for you to invest safely.
Many folks, when thinking about investing in the stock market or handling their 401k account or IRA just kind of shiver and say "I don't have the time." The consequence is what happened when the recent recession started: most retirement accounts, most regular accounts dropped like a brick, losing anywhere from 40% to 60% of their value.
The solution to keeping your portfolio profitable is:
- Recognize how much time you have
- Know the key principles of safe investing
- Safe and profitable investment software
Taking control of your financial future is possible if you just think about how you pay your everyday bills. Most of us pay our bills once a week, or twice a month, maybe just monthly, but we pay them on a regular schedule that fits our life style, our personal time constraints.
I like to pay my bills on Tuesday mornings. Perhaps you do it Sunday evening. In any case it is a time that works best for you.
Managing your retirement or becoming an investor is just the same. What time works best for you? With the right flexible investment software, software that can bend and work with you, you can manage your account in just a few minutes each week or every few weeks. And you will avoid those 40% losses and grow your money on a steady if not star-climbing rate.
So the question is: How much time do you have? When?
Can you find 30 minutes a month or a week to safeguard and build your wealth? There is investment software that doesn't require any more time than this.
The key principles of safe investing are built into some investment software. These principles include:
- Diversification
- Buy/Sell signals
- Market Exit signals
There are many types of investment software on the market. Most focus on charts, but focusing on charts is like focusing on one tree rather than the entire forest and the complete environment.
Yes charts are important but your key to successful investing should involve getting recommendations on both when to buy and when to sell based on comparisons with the overall market, with other stocks or mutual funds. Knowing when to sell a position is equally important as knowing what to buy.
Safe investing with relative strength momentum as the primary means of analysis has been proven to produce the best results over both long and short time periods. This means finding a program that uses technical analysis, a program that doesn't require any special knowledge. The program should be able to analyze using relative strength momentum, alpha or many other similar means of analysis to give you simple to understand buy or sell signals.
If you can make the time, just like for paying your bills, as little as 30 minutes, and click the keys on a software program that will do the work for you, you cannot just avoid losing money, but watch your retirement account and regular wealth account grow to meet your goals, your dreams.
Author Raymond Dominick is the designer of Dynamic Investor Pro investment software for stocks, ETFs and mutual funds. He has been investing in the markets since his teenage years. An experienced business manager and journalist, he has been a registered investment advisor representative, also a professional photographer who loves escaping to the wonders of Glacier National Park in Montana.
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