Empowering Ladies in the Stock Market

Income vs. Assets, Financial Freedom vs. Financial Bondage

Ladies,
Do any of these questions sound familiar?

How much money do you need to retire? How much money do you need to never have
to work again? How do you ensure you don't outlive your money? Let's face it.
Most everyone asks these same questions because most everyone has the same
answers.

Most people focus on building your nest egg to answer these questions. And they
do so because they expect you will spend the money in your nest egg during
retirement.

I encourage you to look at your retirement a little differently. If you made
enough passive income every month to pay your expenses then you could retire,
you would never have to work again, and you would not outlive your money. Why?
Because you'd never spend the money in your nest egg without getting a return on
your investment in the form of monthly income. THEY talk assets. I talk
income. 

Ladies, there are so many investment ideas out there. But a lot of them create
financial bondage, and not financial freedom. And it's easy to tell them apart.
The businesses that require you to work harder create financial bondage. The
businesses that allow you to work less create financial freedom. And the
ultimate financial freedom is being able to get paid without physically having
to be there at all.

If you asked the average person whether owning a parking lot would be a great
business idea, very few would immediately say yes. I mean let's face it, it's
not very glamorous. But if you think about it, you don't have to be there to
collect money. There are many parking lots that are unattended. While the person
pays their money into a machine, you can be off spending time with your family
or on vacation somewhere.

And there are plenty of businesses in a wide variety of industries that can
create financial freedom.

All the best to you on your journey!
Aneshia

Having a Mentor - What's in it for You?

Hi Ladies,

I learned the importance of having a mentor the hard way...several years ago
after I had lost several thousand dollars in the stock market when I was
investing based on trial and error. Shortly after that financial debacle, when
the opportunity came for me to learn from my mentor, even though I was initially
hesitant about making the financial investment to learn from a proven expert, I
asked myself one simple question:

What has NOT having this mentor cost me?

Looking at it from that perspective, the answer was simple, as I refused to
continue losing money in the stock market going through the same mistakes again.

Ladies, for you, the cost might be lost opportunity. Because as many folks have
and will continue to lose money in the stock market, I can tell you from
personal experience there have been many of us who have and will continue to
make money using a systematic approach. And it doesn't even have to be my
approach, just as long as it is systematic (repeatable) and prevents you from
relying on your emotions for results.

I have chosen mentors in other areas of my life as well, both personally and
professionally. All I did was find someone who was successful at what I wanted
to do. In some cases I paid them for formal training. In other cases, if we were
in the same city, I took them to lunch. It can be as formal or casual as either
of you agree.

Ladies, it's not a matter of whether you will reach your goals. You may reach
your goals without having a mentor. It's more a question of how much longer will
it take and at what additional cost?

All the best to you in your endeavors!

Aneshia

 

Peek Inside My Portfolio

Many learn by watching what others are doing. Several years ago, a client asked
me whether she could shadow my investments. She wanted to see what I was
investing in real time so she could choose the same stocks and ETFs.

Shadowing works successfully in many situations. Cooking shows are a great
example. You watch an expert prepare a dish, and you can learn how to prepare
the dish. Another example is my good friend, a gifted musician who can learn how
to play a piece by ear. Once she's heard it, she can duplicate it.

The stock market, however, is a completely different animal. The key here is
understanding. In order to perform consistently well in the stock market it is
imperative to understand why I chose a stock or ETF to invest in, in other words
the systematic approach I use. If you're just watching what I (or anybody for
that matter) invests in, you're going into your investments partially blind. And
that is not a wise way to invest in the stock market if you want to be
profitable in the long run. At some point, your blind luck will run out.

Learn and follow a systematic approach to be successful!!

All the best to you in your investments!
Aneshia