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SIMPLE TRADING SYSTEM IF YOU HAVE A FULL TIME JOB

May 11, 2019May 12, 2019 by Road-to-wealth, posted in FINANCE / MONEY

DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.

Photo by Negative Space on Pexels.com

The goal is to become rich, not just look rich. But honestly and up front, this is not a get rich quick scheme. You have to put some work every month, won’t be much time, but some.

Last month I made over $600 in profit on Robinhood. My small account started with just $500 in February 2019 and sits as of today 10 May at just over $2,000.

I wanted to get this simple trading system together to show you that it is really possible to earn income on Robinhood. To give you a quick overview of the platform, just for opening an account they will give you a free stock. They are commission free for stocks and options. If you start with a small account commission eat away too much of your gains. Making it harder for you to profit.

Now, on to the system.

This is one of the systems that I learned over the years. It consists of trading the SPY ETF. The SPY follows very closely the price on the S&P 500. Follow the steps below to create yours:

1. On the first trading day of the month (which is not necessarily the 1st day of the month if it lands on the weekend), you will box in the range of the candle for the day.

            a. Note: The range simply means how high and how low the price moved on that day.

2. You will wait for the price to close completely outside the box that you just drew.

3. Entry: When price trades and closes outside the box, you will buy options (puts or calls) on the direction the price momentum is moving. It usually keeps moving that way for 1-3 weeks.

            a. Note: There are several things you need to keep in consideration when buying. You need to choose the price and expiration date. Personally I buy the closest (ATM) at the money option and I go out 1-2 months. Buy calls when price closes above box, buy puts when price closes below box.

            b. E.g. On April 1st, SPY closed at $285.83. I drew my box and waited. On April 4th, price traded and closed completely above the box closing at $287.18. I bought the May 17th, $287 Call at $4.36. On April 22nd, I decided to sell those options at $5.60 for a 28% gain. Price did go higher after I sold, and it will happen to you also. But I made 28% in a month, while many people don’t make that on a whole year.

4. Exits: You need two types of exits. One is your target where you want to get out and be happy with your gains. Stop #2 is a stop loss, in case you are wrong and trust me, you will from time to time. I know I am. No system works 100% of the time. My stop loss is the opposite side of the box.

            a. E.g. If price started going up and you buy calls, you should not see that price break below the low of the box (another way to see it, is price should not trade below the low of the price on the first trading day. If you are short, then price should not trade above the box).

5. Next month rinse and repeat the process.

Note: For year 2018, this system was profitable 10 out 12 months. That is an 83% accuracy.

There you have it. A simple trading system that does not take long to set up and does not keep you glued to a monitor.

Hope it helps! Leave your comment below.

Remember, it’s all about the road to wealth. If you liked it, pay it forward. Don’t forget to share it in social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

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Tagged account, achievable, gains, markets, money, profitable, s&p500, simple, small, spy, system, tradingLeave a comment

YOU NEED TO STOP OVERPAYING ON MONTHLY BILLS

March 26, 2019 by Road-to-wealth, posted in FINANCE / MONEY
DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.
Photo by Pixabay on Pexels.com

We have a few ways to make money here. Also, we like to look good and healthy. But one simple way we can keep more money on our pockets is by not overpaying on stuff every month, like our bills. If you are like me, you get them every month.

Some of you keep paying because you don’t feel like haggling and arguing with cell phone or internet providers to lower your monthly bill.

All of that is no longer an issue. We found an app that will negotiate your bills for you! Cancel unwanted subscriptions and refund your bank fees.

Welcome to TrueBill,

After downloading the app, just create an account and link your bank account and/or credit cards. Turn on the bill negotiation and outage protection features. There! You got it! Truebill is already searching for potential refunds.

Sometimes there are outages while you are at work, but you still pay your full monthly bill. With Truebill, it might get you a refund even when you didn’t know that an outage had occurred.

Truebill customers get on average $12 in credits from their cable bills each month, alone. And it helps customers save more than $700 each year.

If you have subscriptions that you’ve signed up through the years, and might have forgot about it, Truebill will remind you of those subscriptions and you can decide if you want to cancel what you don’t use anymore and reclaim your monthly budget.

Sign up is free. Using the service is also free, although, there are paid premium services. Paid services are optional, but for some could be worth it.

Remember, it’s all about the road to wealth. And one way to get there is finding discounts and not overpaying every month. Put more money in your pocket. If you liked it, pay it forward. Share it in social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

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Tagged account, bank, bills, cancel, cards, credit, discounts, easy, fees, for, free, lower, monthly, negotiate, over, paying, payments, protection, refunds, save, stop, subscriptions, truebill, work, you2 Comments

10 EASY WAYS TO SAVE MONEY EVERY MONTH

March 26, 2019March 26, 2019 by Road-to-wealth, posted in FINANCE / MONEY
DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.
Photo by Pixabay on Pexels.com

I want you to understand something, “People with traditional education, work for people with financial education”. I read that one day, and it stuck. I would love to give credit where credit is due, but I don’t know who said this quote.

Anyways, there are many ways to become wealthy. Earning and having your money work for you is a way, but also saving money and getting cash back. Let’s learn a few of them today.

1. Stop paying too much on car insurance

Photo by Pixabay on Pexels.com

We honestly don’t know if we are paying too much or not on our car insurance. But there is a tool that helps us figure it out without the hassle. They actually do it for you.

A service called GABI is helping thousands of car owners save on average $720 every month. Sometimes, even more like in my case, I saved $936 in 2018.

It is very simple and there are no forms to fill out. Only takes 5-10 minutes. Link your insurance account and provide your driver’s license number. Gabi will do the heavy lifting for you and come back with an email and any offers they might have found for you.

If they find nothing, they will let you know you are actually paying the lowest for your coverage.

Get your quote here. Read full article here.

2. Save on Energy

Photo by Rodolfo Clix on Pexels.com

You can save hundreds and thousands of dollars every year. That translates to more money in your pocket, and you can put that same money to better use. Or spend it on yourself. Whatever you want.

Alternate Energy Breakthrough, this guy shows us, clear as day, how anyone can power with ZERO cost any light bulb in your home.

Watch video immediately.

3. Get paid for your grocery shopping

Photo by rawpixel.com on Pexels.com

Get real cash back for your trip to the grocery store. It’s very simple.

Ibotta is an app that will pay you cash when you take a picture of your receipt and uploads it to the app.

Before you go to the store, search the items on your buy list in the Ibotta app. You can save on average $10 – $50 a month.

Get your app here. Read full article here.

4. Save, lend and earn

Photo by Pixabay on Pexels.com

Not only you can save, you can lend your money and earn higher interest. It’s my favorite way of passive income.

Lendingclub helps you earn more on your savings by lending $25 to different loans and earning anywhere from 3% to 29% on your money. Place the probabilities on your side and you will be earning more than ever.

Become the bank and win big.

Open your account here. Read full article here.

5. Save thousands every year

Photo by bruce mars on Pexels.com

Buying straight from the manufacturers at a much lower price has never been easier.

Wish.com lets you search for whatever item you need. Buy at much better price than retail stores and full money back guaranteed if there are any issues with the item.

Saving online at its best. Get up to 50% discount on your first purchase. Log in to the app for 7 days and get 5% to 15% discount offers.

Get your savings. Read full article.

6. Stop overpaying on monthly bills

Photo by Pixabay on Pexels.com

This app will negotiate your bills for you! Cancel any subscriptions and refund your bank fees.

Welcome to TrueBill.

Create an account and link your bank account and/or credit card. Turn on the bill negotiation and outage protection features and get refund even when you didn’t know that an outage had occurred.

Savings are real and effortless.

Get your account here. Read full article here.

7. Easy way to save and invest at the same time

Photo by Skitterphoto on Pexels.com

This app will help you save, and it will automatically invest your savings to earn you even more money. You get paid with dividends, market gains and get money back when you buy in your favorite brands online.

Acorns is helping our readers get their finances in check and on the right track.

Get a $5 Bonus when you sign up. Set the “round-up” feature and select your portfolio. That’s it! You did it!

Get your account here. Read full article here.

8. Greatest asset to own

Photo by Pixabay on Pexels.com

Real estate is a system that made people fortunes for hundreds of years. Today you can become a landlord without the hassle that comes with it.

Fundrise will let you start with as little as $500 and it will guide you on how much to deposit in order to reach your goal. Your goal is determined by how much money you want to have and in how many years.

Get your account here. Read full article here.

9. Commission free trading and free stock

Photo by Negative Space on Pexels.com

Do I need to say more? Ok, this platform is disrupting the brokerage industry by offering commission free trading and a free stock when you open an account.

Robinhood is just like the outlaw with the same name. It is making the plain level equal for retail traders and professionals.

It is a very simple and basic platform, where you can save some money and purchase dividend paying stocks, earn capital gains, get dividends and pay no commission when you buy or sell.

Get your account here. Read full article here.

10. Get money back every month

Photo by Negative Space on Pexels.com

With this tool, you buy online like you normally would but don’t delete your emails. This tool will be on the lookout when the item you purchased drops in price and it will get you a refund.

Paribus is our new best friend. Always looking to get our money back

It also helps you get compensated if your shipment is late.

Get your account here. Read full article.

BONUS:

This one will save you money in the long run, but first it will fix your credit score.

Credit Sesame will break it down for you like Barney style for dummies. It will tell you exactly what’s on your credit report, how it affects you and how to get it fixed.

The better your credit score, the better loans and lower interest you will pay in the future.

It’s time to sign up! Read full article here.

Hope it helps!

Remember, it’s all about the road to wealth and using tools to help you get money back is a way to go. If you liked it, pay it forward. Share it in social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

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Tagged 10, account, acorns, alternate, bank, bills, car, cards, credit, creditsesame, discount, dividends, dollars, earn, easy, emails, energy, every, finances, fix, free, fundrise, gabi, grocery, ibotta, lend, lendingclub, link, market, money, month, online, paribus, profit, real, real estate, reduce, robinhood, save, savings, score, shopping, stocks, ten, to, tool, tradings, ways, win, wishLeave a comment

CHEAP ENTRY TO REAL ESTATE PLUS A BUSINESS IDEA

February 15, 2019January 20, 2020 by Road-to-wealth, posted in FINANCE / MONEY

“Take risks: If you win, you will be happy; if you lose, you will be wise” IG @successfoundation

DISCLAIMER: Please read our disclosure policy here. Links in this post may contain affiliate links and as an Amazon Associate, I earn from qualifying purchases.

The sooner you plan your goals and take action towards achieving them, the sooner you will set yourself apart in your journey to becoming wealthy. In investing, time is your best friend. The more time you have to compound your money, the wealthier you can become; travel the world and enjoy life.

You don’t have to become a landlord, to benefit from investing in real-estate. And there is a company that can help you do just that. The best part is, you don’t need hundreds or thousands of dollars. As a matter of fact, all you need to start is $500!

Which company are we talking about?

I want to welcome you to the future of real estate investing. The company is called Fundrise, and through the Fundrise Starter Portfolio, you split your money between two portfolios. You will be able to invest your money according to your goals. Both portfolios are full of real estate projects which support private real estate in the United States.

The next account level is Core, which is achieved when you reach $1,000 in your account. When you upgrade to Core, you get access to a whole new level of investment opportunities and features.

And it’s not like you don’t know where your money is going. They show you exactly which properties are included in your portfolio. Each project is strategically hand-picked and managed by their team of experts.

You are able to invest in a million dollars deals without the necessity to write a million-dollar check. As mentioned before, you can start with $500 and build from there. The goal is to create wealth that will last for generations but don’t think that only $500 will make you a millionaire and/or that it will be quick.

You will need to add money either monthly or quarterly (whichever you prefer). Just like with a stock, you earn money through quarterly dividend payments and potential appreciation in the value of your shares.

You can unlock real estate’s unique potential for both passive income and long-term growth. Keep in mind that real estate is not liquid. That means you do not deposit money that you will need to pay the bills. Think of it as your savings/retirement account but better.

Note: This is not a get rich quick scheme. It takes time and like all investments, comes with risk. While Fundrise has paid distributions every quarter since at least Q2 2016, the dividends and principal payments are never guaranteed. The annual investment advisory fee is 0.15% and the annual asset management fee is 0.85%.

Bonus: Business Idea

Disclaimer: This is not my idea. I saw the idea on Pinterest and I’m sharing it with the hope of helping others that might have this talent and would like to make some extra money.

Can you aim, throw and hit your target? Let’s see what you got!

Alright, the idea is an ax-throwing business. You need to get a venue and set up some wooden targets. Buy an assortment of axes and individuals pay per hour to throw axes at wooden targets. It gets really fun especially if your friends are as competitive as you are.

There are venues charging up to $40 per hour for ax throwing. If you only charge $10 per hour and you get 20 clients per day, that is $200 per day. With 261 working days on average per year, we are looking at $52,200 extra per year.

Begin your Road to Wealth!

Leave your comment below. If you liked it, pay it forward. Share it on social media and help others become successful as well. Your success will be the result of two things: Knowledge and Action.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

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Tagged account, acquire, apartment, blessed, dividends, dollars, easy, estate, fundrise, goals, house, interest, invest, investing, investment, journey, landlord, mall, money, portfolios, properties, real, real estate, rent, road, to, wealth3 Comments

INVESTI – CANAL DE YOUTUBE

McDONALD’S EN YOUTUBE SHORTS

ROBINHOOD

MADISON SQUARE GARDEN EN NUEVA YORK YOUTUBE SHORTS

CLOROX EN YOUTUBE SHORTS

PAYPAL

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FUNDRISE REAL ESTATE

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