Legacy Investing & Wealth Management Market Mondays – 7/11/16

Happy Monday everyone!

Market Mondays, brought to you by Legacy Investing & Wealth Management is a blog giving you a quick and easy read focusing on stock market education, empowering the newer investor as well as giving you the most recent stock market analysis.  For more information including past blogs please go to www.LegacyInvesting.net; look for the Market Mondays tab under “The Legacy” for all blogs.

I had an online event several weeks ago where I explained why investing in stocks is so important. We talked about the multi-prong approach to becoming wealthy and the steps that are required. I introduced the Financial Freedom Package that can change your life and pay for itself many times over. For what you would spend on a very cheap cup of coffee a day over the course of a year, I can help set you on a path of financial independence and legacy building. Now I know it’s really important to get the latest pair of Nike’s, or get your hair and nails done, or have the newest Benz but all of that stuff does what??  DEPRECIATES right? You have to think about your future because guess what..it’s coming lol. All that stuff is not going to make you any money so why pour all that money into other people’s companies when you could own a piece of that company and make your money make money.

stock-chart-INMARKETNEWS

What Brexit!?! Does anyone even remember what that was exactly? lol. Just 3 short weeks ago, Great Britain voted to leave the European Union, catching the financial markets all around the world off guard. When stock markets think one thing is going to happen and the opposite happens, it over reacts by selling off (meaning the big players and institutions, and every day retail investors like you and me) get scared and sell their stocks causing prices for just about everything to go lower.  Someone who watched my presentation asked what should we do and I said you should buy the market.  Opportunities like that usually happen a few times a year and you have to be ready to take advantage of it like I did.  In our personal accounts I manage (includes trading accounts my wife and I have together as well as our Individual Retirement Accounts aka IRA’s, I made quite a bit of money in a really short period of time. Now we are sitting at all-time highs on the S&P 500.

Now since we have gotten a really good jobs report this past Friday, compared to the awful one we had for May we are back to all-time highs. So what happens now…. I wouldn’t be surprised if we could go higher for a little longer and eventually pull back. The stock market has had an upside bias since its inception meaning it takes about three steps forward and one step back every now and then. No one can time the market perfectly but you have to be ready to buy when those one step back events happen.

Please visit our website at www.LegacyInvesting.net and contact us today for a FREE consultation on becoming financially fit and learning how to make money investing in the stock market.  You can make money in ANY type of market (bull or bear).  When we meet I’ll give you more information about our services and find out what your financial goals are.  If I can help you, we can move forward; if not, no problem but I’m always just a phone call away from any questions or quick advice you want.  I can help get your finances in shape so let’s connect and build generational wealth together.

Disclaimer – Legacy Investing & Wealth Management LLC or any of its advisers are not liable in any way for any losses incurred through trading by readers of this weekly blog. Any information or strategies of trading suggested here involve risk of capital loss and this weekly blog is not considered investment advice. Individuals who invest in securities are solely and completely responsible for any and every outcome that may occur.

About legacyinvesting2015

Doug Hayes has always had a mindset of entrepreneurship and wealth building. He started his first business (a community newspaper called “Doug’s Monthly”) at 12 years old. Having always shown an interest with numbers and budgetary management, Doug pursued a Bachelor of Business Administration degree at Howard University, graduating in 1996. By the age of 23, he bought his first house and by 25 he was running his own successful limousine and sedan service in the Detroit, MI area. Doug invested in more real estate beginning in 2006, then in 2008 he saw many good companies substantially undervalued in the stock market because of the financial crisis. It was absolute panic so he took a chance on a few companies, knowing we would eventually come out of the recession and made a profit. He educated himself on investing in the stock market through continuous research and surrounding himself with other traders. He took control of his own 401K and established an IRA account by transferring old 401K’s into it. This gave him flexibility to use various strategies to yield better returns. Doug's own finances have seen highs and lows so he designed a budget system he calls The Roadmap to Financial Freedom. This system helped him to stay focused in paying down debt, saving money, and planning for an early retirement. Seeing an absence of financial literacy in our society coupled with his Christian roots, Doug developed a passion for helping others become successful in financial management. Through the experience he’s gained trading the stock market, he wants to help people develop a road map for building generational wealth. He says "many people have a misconception of the stock market because of their lack of knowledge, but it has proven to be the biggest wealth creator known to man." With Doug’s 20-plus years of experience in financial management, customer service and sales, he wants to educate and help you create a legacy that can be passed down for generations to come. Contact Legacy Investing & Wealth Management today for a free consultation.
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