Profitable investment Goals.




Michael Jordan, Joe Montana, and Tiger Woods were great for a reason, they had goals. The same is true of those entering the investment field, have a goal in your career and set your mind to reach that goal. Before even making your first transaction in the world of stock investing you should ask yourself, what are you expecting to achieve?

Everybody likes to be charitable, but it has a place and a time and neither is found in the world of stock investing.

Most investors simply want a good return on their investment. But what is considered a good return? Enough for retirement? If it is based on what they want for retirement the question becomes how long is it until retirement age? If it is in two years your investment strategy will be much different than for those who are retiring in 15 years time.

As an example, let’s use me as a typical investor. 40 years old with a decent income and the ability to invest $300 per month. We’ll have to change my circumstances just a bit and imagine I have nothing in my portfolio but I want the ultimate dream – I want $1 million dollars to retire with. The question is, if I have the $300 available right now, is my target something I can hit?

Assuming that I can match – if not better – a stock index return wich is running at 10.4% annually, my sum would be worth roughly $380,000 by the time I get to retiring at 65 years young.

Damn – missed my $1,000,000 target!

To hit that level – I need to invest more than $300 per month. (To hit that I’d need a return of at least 17 – 18% pa.

Okay – an index fund isn’t going to do it for me, especially as the history of these shws it won’t better much more than The real investment guide