2019年11月2日星期六

Wealth: A Skill or A Choice? (The Answer Will Shock You)

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November 2, 2019

Wealth: A Skill or A Choice? (The Answer Will Shock You)
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Dear Total Wealth Reader,

I've been in global markets for 37 years now as an analyst, trader and consultant and if there's one thing I've learned it's that personal success - meaning big profits - comes from something a lot of investors fail to grasp.

The single most important thing you can do as an investor is to realize that wealth is a choice... but getting there is a skill.

Let me repeat that.

Wealth is a choice but getting there is a skill.

You have to work at it.

Anybody can get lucky but if your goal - like mine - is to line up big profits consistently, year in year out in a wide variety of economic conditions that devastate other folks, then you need to view investing just like studying for an exam or going to the gym.

You don't pass thermonuclear physics without significant effort any more than you'll look like the Arnold Schwarzenegger - aka the Terminator - without lifting weights.

Investing is the same.


(Click here)

Key Takeaways:

  1. Wealth is a choice but getting there is a skill.
  2. Too much information will kill your profit potential; which is why you want to try this instead.
  3. Learn from failures to improve your skill - the results WILL come when you do.
  4. Try your hand at angel investing - that is, investing in startups that can multiply your money by life-changing amounts...in a single trade - here's how.

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Member Spotlight: What Does Total Wealth Mean to You?

Hi Billy and that's a fantastic question.

I see Amazon and Alphabet charging higher over time; both have at least a dozen businesses within 'em that the market doesn't yet understand and cannot yet value. Netflix, though, is a different story and may face extinction or, at a minimum, lower prices. Apple and Disney are both coming on strong and, critically, have other businesses to support the emerging revenue structure. Netflix simply has to burn cash to generate content which is a very different prospect.

Best regards and thanks for being part of the Total Wealth Family!


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