How much time do you have to manage your investments? If you are like most people, you probably barely have enough time to even know what you own.
How much time do you think your broker or adviser spends on your account? If you are like most people, you probably have an adviser that either invests your money in investments that are similar to his/her investments or in groups of investments like mutual funds or ETF's.
If you stick with a simple strategy, you really do have enough time to manage your own investments. Furthermore, if you stick with a simple investment strategy you can evaluate if your adviser has you positioned in investments matched with your investment goals.
Learn only 3 investment tools which are dividends, interest, and covered calls.
Stick with these 3 investments and use the structured approach I use to select investments.
I use 4 criteria to screen stocks; does the company make money, does it share with you in a dividend, does the dividend go up periodically, and is the company of solid financial footing. Simple investing will give you the chance to create income streams to fund your retirement.
Very Truly Yours,
TheMoneyMadam
