Prepare for Money Through All Your Life Stages (Age 18-56)

life-stagesNo matter where you are in life, contributing to your employer’s retirement saving plan may be an investment in your future.


So, where are you on the road to retirement planning?

These snapshots reflect the challenges and opportunities you could face at each stage of your life as you prepare for retirement:


You’re 18 – 25

You’re a grown up now and on your own. Enjoy this time of your life, but realize that the future will begin coming at you sooner than you think – like tomorrow. You’d be wise to plan for it today by opening a bank savings account or signing up for your employer’s retirement savings plan. After all, the more time you have, the more you can invest and the longer your investment has the potential to grow.

You’re 26 – 35

Remember when you started out on your own and vowed to save more money? How’s that going? Many things in your life keep you from investing more: credit card debt, vacations, cars, maybe starting a family. The spending list is endless, but the time you have to invest for retirement isn’t. If you haven’t already, investigate your employer’s 401k or similar retirement savings plan.

You’re 36 – 45

Now’s probably the busiest time in your life. You may be managing a career and family – and list of things keeping you from investing more for your retirement has only grown in the last few years. Although time is still on our side, you have 15 or more years before retirement. It’s time to seriously focus on retirement planning. If you’re saving for retirement through your employer’s 401k plan, your investment portfolio has the opportunity to grow tax-deferred for some two decades.

You’re 46 – 55

No one wants to have to work during their retirement. But time is starting to work against you. If you’re not currently investing for your retirement, it’s time to get busy with an action plan.

You’re 56 or older with little or no investments for retirement

If you are not currently investing for your retirement, it’s time to get serious. You may need to make a lifestyle change now or you’ll be experiencing a much different lifestyle in retirement than you expected.

You’re 56 or older with a fair amount of investments for retirement

You may have a good start on your retirement investments, but it’s time to hone in of what lies just over the near horizon.


A few points to consider

  • Financial experts estimate you’ll need 126 percent of your current income to maintain your lifestyle in retirement
  • With people living longer, you may spend 20 or more years in retirement
  • Income from your deferred-compensation plan can supplement your Social Security and pension

Keep in mind assets withdrawn from a qualified plan may be subject to a 10% penalty tax if withdrawn prior to age 591/2, and all may be subject to income tax.


Take the next step

Now that you’re thinking about your retirement future and what you should consider at each stage in life, remember that you don’t have to be a financial expert to take action. You don’t even have to do it by yourself.

Which is best time for Trade?

Less is definitely more

the best times to day trader are usually the first two hours and after the open. Some traders also like to trade the last half-hour before the close.

Momentum is greatest at these times, with real buying and selling pressure creating the best trends.

Many real-time traders also follow the “3 strikes and you’re out” rule.

By limiting your trading to only three trades a day – MAX – you reduce your stress level enormously. You’ll be sharper and less likely to make.

You also insure yourself against a “suicide day”, when you take serial losses, each time trying to recover from the previous loss…

Reading this away from the market, you might feel you would never fall into that trap.

However, it’s surprising how many traders have come unstuck in a real-time avalanche as the losses begin to snowball.

The motto?

Tomorrow’s another day.

Take it easy. Don’t trade a 40- hour week. Accumulate your profit over time.

And you’ll make more by doing less.

How To Beat the 10 PITFALL of Trading?

This are some methods that can be help for beat the 10 pitfall’s of trading.

1. Having no trading plan

It becomes very expensive when your emotions are high and you have to make decisions on the hurry.

2. Using strategies that don’t match your personality

One important factor to consider is: does it match who you are and your lifestyle?

3. Having unrealistic expectations

Most traders imagine that it is very easy to make money in trading. They have unrealistic opportunity with regard to their initial capital, their risk profile and how much money they can expect to make.

4. Taking too much risk

Usually when traders are down, they want to make their money back very quickly. Therefore, they increase their position size without thinking about the risk/rewards.

5. Not having rules to follow

Most traders think if they have rules to follow, they are restricting themselves. It is on the contrary. Having rules allows you to be more flexible since you have thought about lots of issues beforehand.

6. Not being flexible to market conditions

It is very important to see the markets as they are and not as you want them to be or as you assume them to be.

7. Failing to take responsibility for your results

When you blame things outside of yourself, you become a victim of circumstance. When you take responsibility, you can react differently to your circumstances and become the success you know you can be.

8. Being addicted to volatility

One of the reasons that people get into trading is because they like the excitement of it. If there is no excitement, they create it. This is one of the reasons that traders sabotage themselves.

9. Not having a process to keep track of your performance

If you don’t keep track of your results, how do you know what has worked and what has not? How can you tweak your process to get the best results that you can?

10. Not dealing with your Emotional Risk

When dealing with money, there are lots of emotions involved. Emotions are part of everyday life. What separates the successful traders from others is how they react to their emotions.


Top methods to invest money


Investments and Savings are a fundamental element of monetary lives nowadays. Here are some ways which are look upon as the top for investments and money management.

Who can earn money? Anybody can earn money easily?

Yes, “anybody can make money, it’s the savings and investments that tally” is a saying that has turn into new fitting in the fresh world. In today’s fast volatile the human race, investments have become a catchword in the financial planet. Once the necessary expenses are taken care of, one has to fix on which is the top approach and position for them to invest their solid earned money.

Do you know? Only a percentage of the monthly income should go in investments.

– The amount put out for long or short term investments should not affect your daily lifestyle or liquidity.

– Next method of saving money is the bank. Banks offer you a set interest for the amount of money you deposit with them per month. The interest rate can be anything from 2 percent to 2.5 percent. Bank accounts are known to be the safest and most flexible.

– Bonds also good way for safe invests.

– Other than bank accounts, banks also offer ‘Certificate of Deposits’. Under this scheme, the banks offer a set interest for the amount of money you deposit with them for a set amount of time. The time span varies from case to case, but the general span is six months to two years.

– Investing money with bank there several best ways. For information take visit of bank.

– One more method of investing money is the stock market. One can buy stocks in a company as an investment in the company. Stocks are shares in companies which can be bought by individuals or other companies. The stock market has always given robust returns of investments. For example, a person can buy stocks in a company for $13 and the next day, the cost of the shares could be as high as $36 per share. This is a perfect example of ‘making a killing at the share market’. The stock market returns as much as ten to twelve percent annually.

– Risk Free Investment for the best way of going with money to the stock market is by investing a small amount and keeping it in the market for a while.


The Beliefs and Characteristics of Share

share also contain some benefits, characteristics and that are:

1. They know their market.

2. They know why they are getting into their positions.

3. They know their risk/reward ratio.

4. They have an expectation to win.

5. They are not afraid of taking losses.

6. They have a set of rules that they follow. They realize that these are dynamic and you have to review it.

7. They have contingency plans.

8. They all have discipline.

9. They do not give up. They have intelligent perseverance.

10. They believe in themselves.

11. They love what they do!

50 Stock Trading Ruels…

1. Plan your trades. Trade your plan.

2. Keep records of your trading results.

3. Keep a positive attitude, no matter how much you lose.

4. Don’t take the market home.

5. Continually set higher trading goals.

6. set higher trading goals buy into bad news and sell into good news.

7. Successful traders are not afraid to buy high and sell low

8. Successful traders have a well-scheduled planned time for studying the markets.

9. Successful traders isolate themselves from the opinions of others

10. Continually strive for patience, perseverance, determination, and rational action.

11. Limit your losses – use stops!

12. Never cancel a stop loss order after you have placed it!

13. Place the stop at the time you make your trade.

14. Never get into the market because you are anxious because of waiting.

15. Avoid getting in or out of the market too often.

16. Losses make the trader studious – not profits. Take advantage of every loss to improve your knowledge of market action.

17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.

18. Always discipline yourself by following a pre-determined set of rules.

19. Remember that a bear market will give back in one month what a bull market has taken three months to build.

20. Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.

21. You must have a program, you must know your program, and you must follow your program.

22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.

23. Split your profits right down the middle and never risk more than 50% of them again in the market.

24. The key to successful trading is knowing yourself and your stress point.

25. The difference between winners and losers isn’t so much native ability as it is discipline exercised in avoiding mistakes.

26. In trading as in fencing there are the quick and the dead.

27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.

28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.

29. Accept failure as a step towards victory.

30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don’t let ego and greed inhibit clear thinking and hard work.

31. One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door..

32. The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.

33. It’s much easier to put on a trade than to take it off.

34. If a market doesn’t do what you think it should do, get out.

35. Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.

36. Never add to a losing p osition..

37. Beware of trying to pick tops or bottoms.

38. You must believe in yourself and your judgement if you expect to make a living at this game.

39. In a narrow market there is no sense in trying to anticipate what the next big movement is going to be – up or down.

40. A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss – that is what does the damage to the pocket book and to the soul.

41. Never volunteer advice and never brag of your winnings.

42. Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.

43. Standing aside is a position.

44. It is better to be more interested in the market’s reaction to new information than in the piece of news itself..

45. If you don’t know who you are, the markets are an expensive place to find out.

46. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.

47. Except in unusual circumstances, get in the habit of taking your profit too soon. Don’t torment yourself if a trade continues winning without you. Chances are it won’t continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.

48. When the ship starts to sink, don’t pray – jump!

49. Lose your opinion – not your money.

50. Assimilate into your very bones a set of trading rules that works for you