Invest your money

How’s your stock trading? Are you making any money on recent bull? If you are having trouble maing money from stock, try visiting planetwealth.com.au. They are an independent investment company that can help you achieve your financial goals. Their team consist a team of professional traders.

They have 6 strategies that you can copy: Share Purchase Plan, Income Renting AU Shares, Income Renting US Stocks, Growth portflio, option spreads and active US options trading.

Planet Wealth offer various stock trading services, stock trading tools, and online stock analysis. One of them is service is AUTOTRADER where you can copy their strategy. AutoTrader is not run by Planet Wealth, but by a particular Private Client Advisor. This Private Client Advisor will copy Planet Wealth trades to your account.

Another service that they have is E-mini Trading Diary. An E-mini is a particular type of Future that is traded on global markets. A ‘Future’ is an agreement to buy or sell a commodity for a specific price at a predetermined time in the future. It is called Mini because it is a ‘mini’ version of the Standard Contract, which is 1/5th the size of standard contract. With Mini contract you are trading using a much smaller amount of money. Planet Wealth trades S&P 500 Mini Futures.

How’s their performance? See below chart.

As you can see they have +499% return since January 2008 until September 2009. More than 200% return per year. Amazing because in that period many people loss their money.

Planet Wealth aso have Trading Diary to help you pick the right stocks. In the Trading Diary they will show you their exact trades in full detail.

Planet Wealth use a combination of Fundamental Analysis and Technical Analysis. They look for a good company with strong financial condition with Fundamental Analysis and use Technical Analysis to look for potentially successful trade using charting patterns.

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Rich Dad, Poor Dad is written by Robert Kiyosaki and Sharon Lechter. It advocates financial independence through investing, real estate, owning businesses, and the use of finance protection tactics. According to Kiyosaki and Lechter, wealth is measured as the number of days the income from your assets will sustain you. Financial independence is achieved when your monthly income from assets exceeds your monthly expenses.

The book is the story of a person who has two fathers: the first was his biological father (the poor dad) and the other was the father of his childhood best friend, Mike (the rich dad). Both fathers taught the author how to achieve success but with very different approaches.

The educated poor dad but lacks financial literacy, because he does not acquire any valuable lessons about money, simply because it is never taught in school. Poor dad encourage their sons to do well in school so they could get a good job with a good company. Poor dad believed in working hard, and saving money. His poor dad worked hard but somehow never made it ahead financially.

While his little educated rich dad, deliberately takes advantage of the power of corporations and their personal knowledge of tax and accounting. Rich dad give him great lesson by paying him very low wages deliberately so that would stir anger and a sense of injustice and eventually for him to realize that in order to get ahead, one must work for himself and not for others.

Here are the major lessons from the book:

• The important thing to get rich is by having a strong purpose for living, a determination to be a successful person. You need to have the rich mentality. Instead of dwelling with the fact that you are not rich, ask your self “how can I make more money” because this will stimulates the brain to take action.
• In order to get rich, one must work for himself and not for others.
• Understands what assets and liabilities are. The rich build up the asset column and the poor build up the liability column (expenses). Make sure you have assets that gives you income, like real assets, stocks, bonds, mutual funds, income-producing real estate, notes, royalties from intellectual property, etc.
• Opportunities in life come and go; the rich recognize them instantly and turn them into gold bullions. Others do not see these opportunities.
• Corporations spend first, then pay taxes on anything that’s left, while individuals must pay taxes first. Individuals may not be aware that they work from January to mid-May to enrich the government by paying taxes on their income. In the meantime, the rich are hardly taxed.
• People should hire other people who are more intelligent than they because by capitalizing on the knowledge of others, an intelligent individual builds his own knowledge base and therefore has more power over those who don’t know.
• Direct marketing, and management skills (manage cash flow, systems) are important.
• Make friends with successful people and people who enjoy talking about money because they may have valuable lessons to share.Learn more from this amazing book:

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