How to Make Millions From ISA Trend Investing
By Stephen Sutherland, author of Liquid Millionaire.Posted in the Category of ISAS, Investing, Stock Market, Wealth Building, Financial Advice on 29th May, 2009.
Tags: isa, isa trend investing, liquid millionaire, millions, stock market boom.
In my new book Liquid Millionaire I explain in detail how it is possible to make millions from the up and coming stock market boom through ISA Trend Investing.
I also explain to the reader that there are two routes you can take to achieve financial freedom in this way; you can Do It Yourself or you can Get Help.
In today’s blog I want to outline what you would need in order to Do It Yourself.
The ‘Do It Yourself’ Checklist
In order to profit from the stock market over the next ten, twenty or even thirty years, it’s all about being able to:
a) Find the best of the best investment vehicles consistently.
b) Accurately and consistently interpret the trend of the market so that you can get into the market on strength and get out on weakness.
c) Beat the Nasdaq over the long-term.
d) Get greater than average tax-free returns over the long-term.
Therefore, you now need to answer the following questions.
Do you know how to:
a) Find the best of the best investment vehicles consistently?
b) Accurately and consistently interpret the trend of the market so that you can get into the market on strength and get out on weakness?
c) Beat the Nasdaq over the long-term?
d) Get greater than average tax-free returns over the long-term?
If you are confident that the answers are yes, the do it yourself approach is probably for you and you will not need any help.
Here is a quick word of advice. If you do go down the DIY route, please ensure that you fully understand who you will be going up against.
Warren Buffett, regarded as one of the world’s greatest stock market investors, sends this word of caution: “The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.”
I therefore suggest that it might not be the best of ideas to cut corners. In other words, if you are going to take this do it yourself approach seriously, please commit to putting in the hours needed to succeed.
I like to use the game of rugby to explain what I mean.
When investing in the market, you are going up against professionals. Imagine a person who has not played rugby before going head to head with professional rugby players. What would happen?
If you thought pain, you would be right on the money.
And so please bear this in mind. Being unprepared and uneducated could cost you dearly. I suggest you make a decision to put in the hours if you are going to go down the DIY route, get help or scrap the whole thing.
In my new book Liquid Millionaire I talk in much more detail about the Do It Yourself approach to making millions through ISA Trend Investing. If you would like a FREE sneak preview of the book to see whether or not it is for you please click here.
Happy reading!
Your friend,
Stephen Sutherland
The UK’s Leading Authority in ISA Trend Investing and Author of Liquid Millionaire
