You Can Do It Yourself Investor’s Guide
How to Invest in Your 401K and IRA
by
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I, for one am sick and tired of hearing all the Wall Street hype about how the typical working person is just not smart enough to manage their own investments. In all probability you have heard some of Wall Street's self serving statistics made up by them , to scare you, for their benefit. The first thing you have to do is believe in yourself. It's not that difficult if you look past the naysayers and keep a positive attitude. In the Internet age we live in their is plenty of information easily obtainable once you know where to look. This is a self help book that shows you 'How Do I Do It Myself'. We keep the buy/sell decisions to a minimum. I'm not going to tell you to do something very subjective such as: Go to the mall and count foot traffic at a retailer and the base that count on your decision to whether or not you should buy that stock. The unique spreadsheets will help you see where the market has been the last fourteen years and show you how to see where the market is likely headed. If you just learn what not to do such as: 'Stay out of Mutual Funds' if at all possible. In Chapter Three there are ten reasons explained why you should not to invest in mutual funds. Chapter Five explains how to beat the market with Exchange Traded Funds (ETFs). Chapter Six shows you how to beat the market indexes with dividend paying stocks as well as when and how to invest in them. I Chapter Seven Master Limited Partnerships (MLPs) are thorougly explained. Chapter Eight looks at fixed income, including a segment of the market that is misunderstood and overlooked by many. The last few chapters looks at speculative investing and choices that you may be facing in retirement.
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About the Book
Charlie Emery has been an active, self-taught investor for over twenty years.
He has invested in his 401k plan at work as well as regular and Roth IRAs. He has learned the hard way, by trial and error, what does and doesn’t work. Building on that experience, You Can Do It Yourself Investor’s Guide seeks to help today’s working investor, most of whom will not have a traditional pension plan to fall back on when they retire.
If you are familiar with or willing to learn to work with a spreadsheet program like Excel; you can chart your own investments effectively. By spending a few hours each week managing your own investments and following a disciplined plan of action for your investments, you can plan for your long-term financial health. Emery also provides a top-down plan for the ETF investor who doesn’t have a lot of time or money to spend managing their portfolio, along with a bottom-up plan that takes a little more time, but offers better rewards. This helpful guide can help you make your way past the financial planners and investment advisors who promise you big returns, but rarely deliver on their promises.
You can manage your own investments and plan your financial future effectively. The time to start is now.
About the Author
Charlie Emery retired in 2009 after more than forty-four years of working for Chrysler. He earned his bachelor’s degree from Martin University in Indianapolis, Indiana. He has been an Active investor in his 401k and IRAs for over twenty years. He and his wife, Betty, have two sons and six grandchildren. They live in Greenfield, Indiana.