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Further
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Get Out Of Your Own Way - Julie Plenty
One of the biggest obstacles to our self growth and personal development is.................ourselves! No, make that THE biggest obstacle. When we say that we want to make changes, but develop resistance and fear and in doing so an internal...
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Last month I was referred to a young fellow who wants to open his own business. He was pleasant, energetic, knew his stuff too; all good qualities to have, especially if you're self-employed. We started out well enough. We talked about his...
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Achieving financial freedom with Network Marketing on The Internet By Tasos Vasilopoulos Part 18 - Time to take action – The “Follow-up” method Introduction This article makes part of a series of 20 articles. The subject of this series is the...
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An Economical Retirement Investment Plan
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Written By:
Charles M O'Melia
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You have permission to publish this article either electronically or in print, free of charge, as long as the
author bylines are included. A courtesy copy of your publication would be appreciated. Please email to
mailto:charles@thestockopolyplan.com (Word Count 533)
An Economical Retirement Investment Plan
The practice of economy, directed toward a retirement investment plan in the stock market, is in itself a source of great revenue. It is the art of making the most out of every stock market investment, with the definite purpose or goal being to provide a life that is fully independent of monetary
concerns.
But the economy of making each investment in the stock market does come with a price. It will require self-denial (the money invested is not spent for goods or services). Economy and
self-denial, I’m afraid go hand-in-hand. To truly benefit from a stock market investment, a savings plan should be adopted and a systematic approach of dollar-cost-averaging (buying the same stock at different prices) should take place; and when
the purchase should take place, economically clearly defined.
How to use your investment dollars will require forethought, patience and wisdom, for they are the pillars of economy.
Before making any stock market investments know exactly what you expect from those investments. Have the patience for the investments to fulfill the expectation, and the wisdom to know
exactly how the investments will fulfill the expectation.
A forethought example:
I want every stock market investment to supply me with ever-increasing cash for the rest of my life. I want my
retirement investment portfolio income to grow until the income from my portfolio replaces the income from my job when I retire.
A patience example:
I will make quarterly investments into each security owned to raise the cash dividend supplied by each stock market
investment. I will start by owning three companies which will supply me - continued below ...
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continued ...
with cash dividends every month of the year. I will also add the cash dividends to the quarterly investments. I will build this stock market retirement investment plan up until I own 500 shares of all three companies. Once 500 shares of each company are owned, I will begin investing in three
more companies. Owning six companies will provide ever-increasing cash dividends twice a month, until I retire. My patience will eventually acquire 12 companies, providing me
with income every week of the year.
A wisdom example:
I will only purchase those companies that have a historical record of raising their dividend each year. I know that a low 2% dividend paying stock is not necessarily bad. It means the company in question is a growth stock, using most of its profits to expand. A growth stock makes up for the lower dividend yield by faster stock appreciation in the marketplace
(however, the company will still show a historical record of raising their dividend each year). I will diversify into 3 stocks, right from the get-go, even if it means I start off with as little as 5 shares of each company. I will not pay commission-fees. I will place emphasis on increasing the cash
income paid to me from all my stock market retirement investments.
I will also: “Put less emphasis on increasing this week’s pay, more emphasis on increasing my earning power by the right reading.” - Donald Laird
For some right reading try the PREFACE from the book ‘The Stockopoly Plan - Investing for Retirement.’ Visit:
http://www.thestockopolyplan.com
About the Author
Charles M. O’Melia is an individual investor with almost 40 years of experience and passion for the stock market. The author of the book The Stockopoly Plan – Investing for Retirement; publishedby American-Book Publishing. You can invest in the book at http://www.pdbookstore.com/comfiles/pages/CharlesMOMelia.shtml
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"Simple Strategies to Making Financial Gain" - B F Boggan
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How To Profit in a Recession by Kevin Nunley http://DrNunley.com People all over North America are telling me business is slow. "I can't say there isn't any business," Bob confides. "It's just that it's darned difficult to get sales. I have to...
e-Mails Not Getting Answered? Shhhh! Here's Why... - Harmony Major
Let's face it -- none of us like to be ignored. But sending an e-mail to a colleague that commits even ONE of these four cardinal sins can mean the difference between a speedy reply ... and that big e-mail receptacle bin in the sky. :-/ Here are...
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