How to Double Your Money in the Stock Market
How would you like to learn strategies that will double your money in the stock market with minimal risk?
Research conducted for the Australian Stock Exchange (ASX), indicates that Australian investors rate the returns on their investment as the most important factor when looking to invest followed by either a guaranteed or stable return. And investors expect these returns to be in the order of 8 to 9 per cent per annum.
So what the research is suggesting is that investors want high returns with no risks attached, which we all know is pretty unrealistic. But it is this thinking that is holding a lot of investors back from achieving the returns they desire.
The research also demonstrates that most investors prefer to do their own homework when it comes to investing with a considerable number relying on third party broker reports to make their investment decisions. But many are still unhappy with the returns they are achieving, as it is well below the expected 8 to 9 per cent per annum.
So my question to you is how much are you willing to invest in yourself in order to know how to be able to double your returns?
What the statistics are saying?
Unfortunately, too many people believe that an investment in knowledge is costing them money rather than looking at it from the perspective of how much it is costing them by not having the knowledge or education.
If you are one of those who have completed the 60 Second Survey on our website, you might be surprised to learn that 87.65 per cent of respondents are saying they have limited to no knowledge when it comes to trading the stock market.
And 80.80 per cent of respondents are saying they are not confident or they are somewhat confident about trading but they are still not profitable.
But you sit here watching the Australian stock market show every week (and we love having you) hoping to gain that little snippet of information that may improve your results rather than taking the bull by the horns and getting a quality education, which 88 per cent of respondents in the survey say they are looking for.
For those of you who have read my latest book, Accelerate Your Wealth, you know that I show you over a 10 year period trading the top 20 stocks on the ASX using trend lines alone with a stop loss, that you can achieve around 12.50 per cent per annum.
But what if you had the knowledge that would allow you to double your money in the stock market?
How can you double your money in the stock market?
If you invest $50,000 per annum and make 12.5 per cent, you capital would have grown by $6,250.
Now let’s say you have the knowledge and confidence to trade the market and you are able to double your returns, you could potentially make $13,000 on your $50,000 capital or around 25 per cent, which is very achievable.
Would you now say that getting an education is expensive? I think most of you would agree that it’s not. Unfortunately, it’s a lack of knowledge and our limiting beliefs about the stock market that is costing many individuals far more than they realise.
Benjamin Franklin once said “An investment in knowledge pays the best interest” while Jim Rohn said “If someone is going down the wrong road, he doesn't need motivation to speed him up. What he needs is an education to turn him around”.
Einstein was also famously known for saying “Education is the progressive realisation of our ignorance”. In fact, it’s a well-known fact that ignorance is far more expensive than education.
So what’s it going to take for you to make that decision that you will get an education that will deliver the results you’ve been seeking.
What if you could achieve your goal of double digit returns without dramatically increasing your risk? How would that make you feel and how would that change your life?
Now imagine you are achieving double digit returns without dramatically increasing the time you currently put in. No doubt you will begin to see why having a much better understanding about the stock market and how to trade it will change your life.