NEW YEAR, NEW RECORDS! 2022 STARTS WITH A BANG! HERE IS YOUR NEXT MOVE.

The S&P500 (SPY) had a solid finish to 2021. It rallied on Monday into all-time highs and set the highest point on Thursday, 30 Dec 21. On Monday, 3 Jan 22, the market opened positively, ending the day higher and within 1 point of yet another record.

The cheerful open to the year indicates no re-test of the newfound support (former resistance) around the 471 area. Instead, everything points to the trend resuming to the upside into uncharted territory. It looks like it will take much more than the Fed printing money, another pandemic, or a new crisis. Markets seem unstoppable.

Many new investors are afraid of jumping in at the wrong time, which is understandable. However, the markets are breaking record after record and showing no signs of slowing down.

AMAZON (AMZN) keeps growing year after year. Your account can too!

What to do next?

There are many ways to skin a cat. It’s just a saying people. It’s not literally. However, we are never short of strategies and possibilities as traders and investors.

A. Test the Waters

If you are brand new to investing, I suggest NOT jumping with both feet. Test the waters first. The idea here is to invest half of what you have available. There are two reasons for that:

          1. By investing in small portions, you are not risking all of your capital, but at the same time, if the markets keep pushing higher, you are participating and adding gains to your portfolio.

          2. With the same token of investing small portions, if the market decides to pull back and take a breather, you will have capital free to be deployed as you wish and at a discount. Who doesn’t like discounts? I do!

B. Learn to Sell

A strategy I use is selling options. I like to sell options on volatile stocks and also on support areas. In my case, the idea is NOT to get assigned the shares. Instead, collect premiums with each sell, rinse and repeat.

If you want to own shares on a specific stock, you sell the options at the price you are comfortable buying it. Keep in mind that each contract holds 100 shares when you sell options.

For example, You don’t mind owning AT&T (T) shares at a $20 strike price. Therefore, you will sell the $20 put option.

With Fundrise you can become a digital landlord anywhere in the United States, without the hassle.

What happens?

1. Next, multiply the strike price by 100 shares, which will give you the amount needed in cash. To sell this put option, you need to have in your account $2,000 available (not invested) per each contract you plan on selling. This cash will be used as collateral if you get assigned, and this will be the money used to buy those shares. The same thing happens with each option you sell regardless of the stock.

2. Once the money is available and ready to go, one of these two possibilities will occur:

          – The stock price falls under the option strike price, and you get assigned those shares. In this case, you will buy 100 shares at $20.

          – The stock price remains above the option strike price, and the option expires worthless. Therefore, you keep the premium while releasing the cash held as collateral.

Keep in mind this is an investing mindset. We are not here to jump in and out daily or intra-day. If that is your mindset, you are a trader and not an investor.

STARBUCKS (SBUX) can pay for your coffee with their profits. What are you waiting for?

TRADERS

As a trader, you need momentum. So I don’t recommend any newbie to trade first. Instead, start with the basic easy steps of investing, then move up the latter.

If you are a little more experience, then look for weekly breakouts. For example, during the weekend, change the setting on your chart to weekly. Then, set an alert at the high of the week that just closed. If you are doing it during the week, ensure to set the alert at the high of last week.

Once the alert goes off that a break out of that high occurred, you can take a position with shares, you can sell puts, or you can buy calls. The choice is yours.

Ensure to preset your stop-loss price (area) and your targets.

Are you going to sell all of it once you hit an area?

Are you selling half and riding the other half for more profits?

You can also sell 1/3 of the position at target #1 (T1), sell another 1/3 at a higher target #2 (T2), and let the last 1/3 ride as high as possible for maximum profits.

As I said, there are many ways to skin a cat. First, you need to figure out which strategy makes more sense. Not all methods work for everyone. Please choose the one you like most and become a master at it. Once you become a master, you start adding to your toolbox with new strategies in a few years. Join groups and share your experiences. Also, listen to others and learn from their mistakes.

Now, begin your Road to Wealth!

Leave your comment below. If you liked it, pay it forward. Please 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. You can also reach me here with any questions.

From the comfort of your home, invest anywhere in the united states with Fundrise.

DISCLAIMER: Please read our disclosure policy here. This post contains affiliate links, and I earn from qualifying purchases at no cost to you. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Road-to-wealth.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles, and other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations is obtained from sources believed to be reliable. Still, we do not warrant its completeness or accuracy or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk, and it is your sole responsibility to evaluate the information’s accuracy, completeness, and usefulness. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

EARN 3-8% ON YOUR MONEY PLUS A BUSINESS IDEA

“All big things have small beginnings” IG @Inspyire

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..

We all have goals in life. My goal is to create wealth that will last for generations. So, I decided to take the matter in my own hands because no one will do it for me.

I’m learning tricks and techniques from the wealthy, and it makes so much sense now. They don’t work for money, they are looking to acquire assets that will give them a stream of income whether they work or not.

One of the oldest ways to earn passive income is lending out money. Just like the banks. Banks give out your hard earned money in loans, they collect monthly payments (interest) and they have no risk since it is not their own money anyways. You see how well they do, don’t you?

How do you become the bank you say? Through LendingClub.

LEND LENDING MONEY INVEST INTEREST NOTES BORROW LOANS

This is how it works. You rent out your money to other people, and the rent you charge is the interest rate. Which will vary depending on how conservative or aggressive you want to be. But now you are the one getting paid! Not the bank.

Instead of having your money sit at a normal bank account and pay more in fees than what you get in interest every year; you collect a diversity of interest.

So, now thanks to technology, you can spread out your risk by lending only $25 to each note. That means if for some odd reason the borrower can’t payback, you only lose $25. Again, the probabilities are on your side.

Let’s get a little bit deeper now. Let’s say a borrower needs a $25,000 loan.

He or she borrows $25 from 1,000 people; instead of going to just one entity (like a bank or rich person), for the full $25,000 which would be very risky to that one entity.

As you can see, this scenario presents much less risk because the most you could lose is $25.

As you can see, I don’t only write about these opportunities, I’m also invested and can prove it works. I put my money where my mouth is. No empty words here.

Just 15 years ago, this was impossible, but thanks to the internet and it’s wonders, it is very possible in this day and date. The peer-to-peer lending industry, as it’s known, is thriving for borrowers and investors alike.

Note: Currently only residents of the following states may invest in LendingClub notes and it may change in the future as contracts expire: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, ND, NE, NH, NJ, NV, NY, OK, OR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, or WY.

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.

Are you good at sports?

If you are, choose the sport that you are good at and buy the equipment required to train. Depending on the sport let’s say it will be a front investment of $300. You will need to advertise to the students at local schools near you.

Do a 2-hour class with 20 students at $10 per student. We are looking at $400 per day. With 261 working days on average per year, that translates to $104,400 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

FREE STOCK PLUS A BUSINESS IDEA!

“A key to success is playing the hand you were dealt like it was the hand you wanted” IG @millionaire_motivator

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.

Everyone likes FREE stuff. Imagine getting a FREE stock on companies like Apple or Coca-Cola.

Well, today everything is possible. And I have a way to do just that.

But first, do you know how to create a WEALTH mindset?

W – Write down what you want

E – Envision your goals

A – Affirm your dreams

L – Listen to your gut

T – Take action

H – Help others do the same

Ever dreamed of becoming a trader and making money on the markets, this is your lucky day. This company is marketed as a commission-free stock trading product. Yes, you heard that right. You can buy and sell stocks commission-free. And they will give you, completely free, a stock when you open an account with them.

Why?

Because in English folklore, there was an outlaw that took from the rich and gave to the poor. And that is exactly what Robinhood is doing!

They are disrupting the brokerage industry by offering commission-free trading and a free stock when you open an account. Finally! Someone on the average Joe side. Now, every penny is a profit and you have no one picking through your pockets.

How do I know this?

Because I put my money where my mouth is! Just like you, I have a goal. The goal is to build and create wealth that will last for generations.

Robinhood Markets Inc. is a U.S. based financial services company in Menlo Park, California. The company also offers a smartphone mobile app, which allows you to invest from anywhere in the world as long as you have internet available.

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.

Are you any good at coding?

If you are, you can look for schools that have limited options for programming. Teach kids basic coding after school hours, using a website such as tynker.com.

How much can you make?

Well, if you do 2 classes per day, a 1 hour class with 10 students per class and charge $10 per student, we are looking at $200 per day. With 261 working days on average per year, that would be an extra $52,200 a 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