Time to Take Back Control of Your Finances

So why are there so many people not able

to retire?

For too many years, people have been brainwashed about how they should be handling

their investments

People were told to just work at their jobs

and let the experts handle their investments

All people had to do was just pay their bills, put aside some play money and then take the

rest of their money and invest it with an expert

“People have given up control of their investments!!”

Most people I talk to today have no idea what their money is invested in or

even how their investments are performing

Basically, people today have no control over their investments!!

Most people are invested in mutual funds which is a fund that invests in many

stocks and bonds. They are very difficult to track.

Even the mutual fund managers can’t do a good job

of managing these funds because the stock market is

so volatile

One problem with lack of control is, that no matter what you do, you

can’t change the outcome of your investment because your

investment represents a minor share in a large corporation.

“The biggest problem I see with the stock market is the outside influences.”

Some world event, could have a negative effect on the price of a stock and there’s nothing you can do about it

It’s not the performance of the company that has been affected, it’s

the “anticipation” of what may happen to the company as a result of the world event that affects the

price of stock.

The results of a recent US election almost caused the stock market to crash during the day

of the election, which resulted in Wall Street halting trading for

that day.

Trading on Wall Street was halted all because of the

uncertainty of what may or may not happen

“What can people do to respond to an event? About the only thing they can do is pull their money out of that

investment.”

People have been told to invest their hard-earned money into mutual

funds and a good fund manager will help them direct their money into a

fund that makes sense for them.

There are many types of mutual funds to chose from,

depending on the characteristics of the person.

Mutual fund advisors direct people’s

investments on many factors such as risk

tolerance, age, sector, etc.

Mutual fund advisors could also direct people’s

investment into several mutual funds, which is

known as diversification.

Mutual funds diversify people’s investments by investing their find

into many different companies, that are in different sectors and have different investment strategies.

“Diversifying your investment portfolio should not done by

investing into different stocks. It should be done by investing into

different asset classes.”

Different asset classes would include stocks, bonds,

gold, silver and especially real estate.

“Real estate investing, if done properly, can give you much better control over your investments.”

The other bad thing about mutual funds is that they

charge a high management fee to have your money in

them.

“Most of those people giving financial recommendations on which stock or

mutual fund to choose, have less money invested (or no money

invested) than the person they are making recommendations to.”

People who are successful in the stock market are so because they have a well thought out strategy with a very experienced broker and they have enough money to

make it interesting for that broker.

“Investing in the stock market is gambling … pure and simple. If you win, sometimes you win big but if you lose … it really hurts.”

People invested in mutual funds because they were told it was safe. It had been for many

years but now times has changed.

“The stock market has become highly volatile. About the only safe investments are

GICs or savings accounts.”

People don’t know where to invest their money and

how to plan for retirement. And the government isn’t

helping them.

The government continues to offer people Registered

Investment Accounts for the same type of investments …

stocks bond and mutual funds.

If your money is invested at rates that are lower than

the cost of living, you are actually losing money.

But it’s OK… the big banks are looking out

for you right?

If you lose money, you can always blame the

banks or your advisors.

Fortunately there are much better alternatives than stocks

that provide high rates of return, low risk and that are

fully secured.

Better alternatives put you, the investor, back in control, and with only a little bit of

planning and oversight.

Check out my book for a Step by Step approach on how you can get started in Real

Estate Investing.

Real Estate Investing: The 7 Step Solution to Making Millions in Real Estate

Jim Pellerin has been investing in real estate for over 25 years. He is the

author of Real Estate Investing: The 7 Step Solution to Making Millions in Real Estate

Check out his blog at jimpellerin.com