June 28, 2019
This One Tool Made the Difference Between Bankruptcy and $13 Million Click to view online
Dear Total Wealth Reader,
There's an old joke that's made its way around financial circles over the years. It goes something like this:
An investment banker walks into a room where his cohorts are in a meeting. "I've got good news and bad news," he says. "The bad news is, we've just lost $100 million. The good news is, it wasn't ours." An associate raises his hand. "What was the bad news again?"
It's humor, but there's more than a grain of truth to the story. Whether we're talking about brokers, bankers, or even your most trusted financial advisor, you cannot rely on anyone else to care about your money and keep it safe.
At the end of the day, the only thing standing between your portfolio and catastrophic loss is your own caution and proper risk management.
I know it's not the most exciting part of investing. But there's zero doubt in my mind it is the most important.
That's why it's part of my Total Wealth Strategy.
One tool called position sizing stands out above all others as the most powerful - and not just for cutting risk either, but for boosting your profits, too.
To see what I mean, consider this anecdote from trading psychologist Dr. Van Tharp:
"We've done many simulated games in which everyone gets the same trades. At the end of the simulation, 100 different people will have 100 different final equities. And after 50 trades, we've seen final equities that range from bankrupt to $13 million - yet everyone started with $100,000, and they all got the same trades. Position sizing and individual psychology were the only two factors involved - which shows just how important position sizing really is."
Here's how I recommend you start using it right now...
Position Sizing is Your First Step... But Here's Your NEXT Step
Now that you know how to keep your money safe, your next step is finding investments in the first place.
That can be easy - if you have the right tools. So many investors get bogged down by headlines and market "noise" that they often make mistakes that put their cash in jeopardy.
You can prevent that by using systems...like the V3 Trader.
America's #1 Pattern Trader, and my friend and colleague, Tom Gentile, has put together a special presentation outlining how the V3 system works. The algorithm scans every market in the world - from London to Frankfurt to New York City to Tokyo - and finds the anomaly that signals that money is on the move.
And that's where you can profit.
Tom's laid out exactly how his high-tech research system works in this special presentation: just click here to view it.
Born before 1969? This Multigenerational Social Security Error Could Include You Generation X, you may have a problem... the Office of Inspector General recently publicized a federal audit - exposing one of the biggest errors in Social Security Administration history. For decades, this federal error has been affecting tens of thousands of Americans... and far too many of my readers. Full story...
Five with Fitz: Questions (and Answers) that Could Drive Big Profits
Good morning from Eastern Washington where I'm on the road doing a little research into the latest scientific advances in agriculture, watering technology, and even fertilizer.
I'll have more on those things in the weeks ahead, but more immediately, I thought we'd dive into the mailbag.
As always, the questions you're asking are spot on.
Here's What's Trending From Keith...
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