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The short-term decline in April has ended.  The Nasdaq, S&P 500 and Russell 2000 all successfully tested key support levels this past week.  The recent news of possible tax cuts sooner rather than later, an optimistic perceived outcome to the election in Europe, and a good start to the earning season has spurred a potential new leg of the advance.   Overhead resistance on some indices exists.   However, the Nasdaq 100 (QQQ) has made a new high, has broken through resistance giving new upside projections, which could carry the overall market higher for the next several months.   More time is needed to know if other averages will follow suit or if the present rally will fizzle.   However my prediction is there is more room to the upside.

Technology leads the way.

PowerShares QQQ ETF (Nasdaq 100 Index) Weekly Price and Trend Channels (Top), and MACD 12-26-9 (Bottom)

The top part of the chart shows the weekly Power Shares 100 (QQQ), an exchange-traded fund based on the Nasdaq 100 Index and its operative trend channel.  The QQQ includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq stock market based on market capitalization.  As of 04/24/17, Apple, (AAPL) is the largest holding comprising 11.84%, Microsoft Corp (MSFT) 8.20%, Amazon.com, Inc. (AMZN) 6.80%, Facebook, Inc. Class A (FB) 5.38%, Alphabet Inc. Class C (GOOG) 4.70%, and Alphabet Inc. Class A (GOOGL), 4.10% totaling 41.02%

The QQQ has been rock solid this year, leading in relative strength vs. the S&P 500, and up almost twice the gains of the S&P 500.  The QQQ has slightly penetrated the middle channel after a 9-week consolidation, where the QQQ traded between 129.38 and 134.00 (the red circle), now trading at 135.14.  The bullish outcome is not a surprise.  (See my article in the 03/15/17 Systems and Forecasts: Weekly MACD confirms the advance: Higher prices anticipated).  The next upside target is 157.00, a 16.2% gain from present levels. The intermediate trend remains up as long as the QQQ remains above the up trendline line (orange).

Because the initial upside thrust since the election was so strong, the expectation the first decline wouldn’t be significant is exactly what has occurred.  The present breakout needs to be watched closer.  Keep an eye on how Apple (AAPL) performs, the largest holding of QQQ.  If the Nasdaq continues to show leadership, making new highs, then it could support the market and help the technology sector over the next several months.  

On the other hand, if the QQQ falls below 129.00, retracing its recent gains, a warning sign of a potential change of trend would be given.  If the QQQ falls below 125.00 breaking the uptrend, (orange line) more caution would be warranted with possibly a larger correction on the horizon than the decline in April.

The bottom half of the chart is MACD (12, 26, 9), a measure of momentum.  It was a bullish MACD pattern that confirmed the price high made in QQQ in February 2017, before the recent consolidation.  The uptrend remains in effect (pink-line).  The QQQ has made a new high.  If MACD turns down failing to make a new high, a negative divergence would occur.  Over the next several weeks watch to see if MACD makes a higher high.  This would be bullish.  If MACD turns down, this would complete the negative divergence pattern and would be considered bearish. 

Summing Up:

Our models remain overall neutral-positive for the intermediate term which means upside potential remains greater than downside risk.  Technology stocks continue to lead the market higher.  After many weeks of consolidation and weakening momentum, the Nasdaq 100 (QQQ) has broken through resistance giving new upside projections to 157.00 which could carry the overall market higher for the next several months.  The advance seems to be broadening.  Market breadth is improving, financials and small caps have come to life again gaining in relative strength. These are all signs of a healthy market.  The intermediate uptrend in Nasdaq (QQQ) price and in MACD is intact.  If the uptrend is broken on either price or MACD more caution will be necessary, as the odds would increase the advance will fizzle and no longer sizzle. For now, the bulls remain in control, continue to enjoy the ride. 

I would love to hear from you. Please call me at 516-829-6444 or email at bgortler@signalert.com to share your thoughts or ask me any questions you might have.

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Top 10 Investing Tips To More Wealth

*******Article published by Bonnie Gortler in Systems and Forecasts April 27, 2017

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Disclaimer: Although the information is made with a sincere effort for accuracy, it is not guaranteed that the information provided is a statement of fact. Nor can we guarantee the results of following any of the recommendations made herein. Readers are encouraged to meet with their own advisors to consider the suitability of investments for their own particular situations and for determination of their own risk levels. Past performance does not guarantee any future results.

 

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Life is filled with twists and turns. Taking small actions toward what you want to achieve can create a new perspective on how you go about achieving your hopes, dreams, and aspirations. Have you or someone you’ve known ever challenged you to create goals beyond what you had imagined you could do? I know I have, and it’s made all the difference in my life! Goal setting is not rocket science but why go about it the same way over and over again? One of the best approaches I’m learning to help you succeed is to focus on improving your weaknesses so they become your strengths. You can do this by putting a plan in place that will keep things fresh and will help you feel renewed. Start by deciding that during this process of growth you are going to have fun, choose to be happy and do what your heart wants you to do. Life is short and can pass us by pretty fast so you want to take care of yourself and not spend too much time sweating the small stuff.

If you find yourself needing to pull yourself out of a funk, you can do so by changing your mindset and by shifting the language you use. It all starts with you accepting things for what they are.  Seeing life with all its ups and downs allows you to make better decisions about your plan of action. This small exercise will unlock your inner peace and is a great way to center your thoughts so you can begin finding the answers that will turn your weaknesses into new strengths, and also allow you to enjoy each day. 

When I started on my well-being journey I never imagined what an impact a change in perspective could be. The power to believe, added with simple consistent action steps has lead me to discover new strengths which had been hidden from my view.  The writing was never my strong point, math was. I didn’t even have to write a business letter in my corporate job, and my boss would put together the proposals to prospective clients so I didn’t get much practice. I do remember as a child that I did love writing letters to my teachers, friends, and family thanking them for their love and support.

As I grew life changed, I found other interests, that didn’t include writing.  A breakthrough appeared when one of my coaches gave me the assignment to write a poem. I wrote back to her expressing my apprehension with a big “Are You Kidding Me?” She wrote back and said, no she was not kidding and that I could do it. Yikes! I remember the fear and worry that filled my spirit. It was crazy that my coach had more belief I could write a poem than I did in myself. Instead of saying “I can’t” (one of my favorite answers before I started coaching), I dug deep and found the courage to move beyond my comfort zone and I started to write.  

Little did I know how much fun the process would be. It has opened up a new set of possibilities both personally and professionally. I learned when you find the courage to do something and continue to do it you gain a sense of confidence that spills over into all areas of your life. When I grow hesitant about trying something beyond my comfort zone, I do my best to remember back how fear used to fill me and how the flood of overwhelm would be so strong it would leave me paralyzed. Then I remind myself how I overcame all of that by finding the courage within myself to push through. This is something that has helped me time and time again. We all need a bit of encouragement and to help you make the shift take a moment and read my poem The Power of Inner Peace is Within Reach. My hope is you will realize all you can accomplish by changing your old way of thinking so you will explore new opportunities.

Putting myself out there in such a way was quite a challenge, especially since I knew that writing was not a strength I possessed. It was five years ago when I wrote that poem and had the courage to share on my blog. It taught me a valuable lesson in trusting myself and in the process of cultivating my untapped abilities. It goes to show you the power of how one thing can lead into another so that you can grow into who you are meant to be. Which, by the way, later on, another seed was planted by my mentor, when she said to me “you have a book in you.”  What? Writing a poem was such stretch that I laughed at the idea of writing a book. It was only with the support of my coach and working on having a positive mindset that I was able to discover that there really was a book in me when I published “Journey to Wealth”.  It took time and plenty of revisions but I’m proud to say it’s published and available on Amazon. Who knew? I didn’t, that’s for sure! Don’t doubt yourself. Your thoughts and perspective make a huge difference in what you do, Unlock the strength inside of you and take the steps needed so you can move forward today with a healthy outlook. 

How to Turn Your Weaknesses into Strengths

  1. Realize the impact of attitude on life. Raise your awareness to what your weakness might be and accept them, instead of going to the place of frustration.
  2. Ask someone you can trust for help that has done what you want to do.
  3. Start with doing one simple step. Practice to gain confidence and get better and better each day.
  4. Don’t take criticism or feedback personally. Not everyone is going to like what you do. Ask yourself what you can learn from the feedback that has been given to you.
  5. Change your thought process to think solutions. Focus on how to fix the problem, not on the obstacle. Don’t stay in a place of anger and keep focusing on what is negative, focus on what is positive
  6. Believe in Yourself. You are ready for unexpected challenges that arise. Think back to those challenges you already have handled in your life.
  7. Learn from your past mistakes, don’t beat yourself up, press on.

Start today by doing something you have never done before. The time has come for you to break through your challenges and gain a new perspective that will empower your new way of thinking. Do this by creating a plan and make it simple enough for you to follow. Revise as needed so you will stick with it. When you put in the effort to master a new skill, you will become excited again. The energy and revitalization you feel inside as you chart a new course in your life will become the foundation that will enable you to do even more. An opportunity exists at every turn. Take advantage of it. Create change in your life with small actions steps that move you closer to increased wealth and well-being. Living inside your comfort zone is not a good option if you want to find the fulfilled happiness you deserve. When you start to turn your weaknesses into strengths there are brighter days ahead so you can experience all richness life has to offer. 

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To your health, wealth, and happiness,

Bonnie 

The Inspired Wealth & Well Coach 

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All of us have moments where challenges exist, however it’s how they are handled that moves us closer to our dreams, goals, and aspirations. Are you aware that your thoughts help you create the amount of happiness that shows up within your life? Life is lived at it’s fullest when you are in control of your thoughts and your reaction to the obstacles that show up. What helps most is learning the valuable lesson of being fully present in the now and not worrying about the future.

It takes commitment but you can decide that you are going to make a mental shift and start each day with a positive outlook; doing so will cultivate a multitude of calm positive thoughts and make your day that much more peaceful by bringing you more joy. Changing your mood or attitude requires that you align your thoughts, control your emotions, and not wallow in the negative. As life happens, you will notice that there may be more than just a few bumps in the road and those bumps may even get in the way of your progress, but remember that this is just part of the journey. You may even discover during these rough patches that you feel sad or even a bit deflated. It’s quite alright to feel this way but do not take on the victim role for too long because negative feelings will soon begin to take over your life. Once they become part of your everyday experience it becomes even more challenging to reach for and achieve the dreams your heart desires.

“All of our dreams can come true if we
have the courage to pursue them”
~Walt Disney

DoubtChanging one’s mindset is never easy. Tell me something; are you ready to live a happier life? Are you willing to create the lifestyle you most desire, are you willing to make the change today? It takes courage to get out of your comfort zone. Perhaps negative feelings have taken over and you are making more of a situation than what it really is. Are you caught in a cycle of judging yourself and thereby creating excess worry? This is an easy trap to fall into. It is important to know that you have the ultimate control over how you deal with the challenges that come your way. When you find yourself where the day doesn’t flow very well and your goals remain undone, don’t get to a point in your mental space where you see yourself throwing your hands up in the air and giving up. Don’t dwell on the negative by letting your mind wander and think about everything you have to do (I fall into this trap) because you will be using precious energy on the things you can’t control instead of using it to focus on reaching the goals you have set for yourself. If and when you are in this place, don’t stay there for long. Instead allow yourself some space and refocus. You will happily discover that this is a healthier approach which will increase your productivity and give yourself the positive outlook you need in order to meet even more challenges head on. You can’t be your best self when you are telling yourself you have to do this and you have to do that.  Learn to use your inner voice to motivate you and take you to new heights. Once put into practice, you’ll smile more and get more done.

To create a shift in your thoughts, think about something that brings you endless joy.
One way to create a shift that my coach taught me is to visualize a happy experience in my mind. One that you can not only see with your mind but feel with your body. Maybe it was a day at the park. Remember the experience but also make sure that you feel the sun on your skin, or think back to how the wind blew through your hair. It doesn’t matter the event, only that you can actively call upon that joyous time at will. One of my favorite scenarios is to picture myself lying on a lounge chair in Aruba on a beautiful sunny day, listening to calming music while reading a book. Another way I create a mind shift is to sit on the floor with some quiet music and just be still. Yes, my thoughts wander, however I use the time to focus on my breathing. I’ve found that by quieting my mind, I’ve shifted my thoughts to a place of calm and experience even greater feelings of peace. This is a great way of dealing with stress and it is also useful during those times when your mind is overcome with all the things you have to do. Now it’s your turn. Try being still, even if it’s just for one minute, and see with your mind the happiest experience you’ve had and notice the difference in how you feel. If you’re like me, you’ll feel a sense of calm overtake your entire body, you’ll feel lighter, and you may even feel a bit of a twinge in your heart. Take note of these feelings for they are a sign that your mind and body have reconnected and you are now ready to move forward. A positive mindset can take you far. Do what you need to do in order to live your best life! Below are a few more tips to help bring even greater happiness to your life and assist you in achieving more than you ever thought possible. Give them a try and make sure to send me a note and share your experience. I’d love to hear 😉

10 Easy Ways How to Shift Your Thoughts to Happier Ones  

  1. Start and end your day with a positive thought
  2. Be kind, gentle and have patience with yourself.
  3. Don’t worry about the past that doesn’t serve you. There is no benefit, it’s an old belief that you are holding on to, let it go.
  4. Believe in your ability. Take one action now, if the outcome is not up to your expectation tweak it, until you succeed at your goal.
  5. Don’t beat yourself up for not being perfect. Learn from the lessons. Making a mistake is OK.
  6. Take more action and the more success you will have. Go for it! If you do nothing, you stay in the same place as you are.
  7. Never give up on your dreams. Dream Big!
  8. Do what makes you happy and what you are passionate about.
  9. Stretch yourself, go out of your comfort zone.  If you need assistance reach out for some support from a coach. Someone who will encourage, listens, doesn’t judge you and you can trust.
  10. Say yes to what will move you closer to your goal even if you feel some fear.

trust the process

Well, what do you think? Are the tips I’ve shared something that you can put into place within your life? Now is the perfect time to decide you are going to make a commitment to create more happiness within your life. The power to create such change is held within your thoughts and in all the actions that follow. Think positive thoughts and propel yourself as you move each day even closer to your goals. You don’t need to have all your answers in advance. Keep in mind that it’s those hardship filled experiences that teach us the most invaluable lessons. Don’t give up when you feel challenged or are unsure, instead dig down deep and push yourself to keep going forward. Decide to take that next action step toward the goal you desire to reach. Only you can make your dreams a reality! Remember that you are in control of your life, nobody else. You have the power at any time to make the choices that will shift your thoughts. If you can believe it, you can achieve it.

If you like this article you will love this free report click here.

 

To your health, wealth, and happiness,

Bonnie

The Inspired Wealth and Well – Being Coach

 

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I like to have a good clear out and get rid of clutter on a regular basis; now, if truth be told some people will never have to do this because they never accumulate enough clutter in the first place. They move through life smoothly and efficiently, shedding the unnecessary as they go. But for me and a lot of women I know, there’s some clutter still left to clear.clear-clutter-vivenne

Recently I had the bitter sweet experience of clearing out all the rest of my husband’s personal effects at the end of our nine year relationship. It was sad and I cried but I also felt lighter and freer to reclaim my space and my life again – not to mention the luxury of having a whole load of new cupboards and drawers available for storage! As the Single Mum’s Survival Guide (and a single mum myself) I know that many of you may have the physical effects of your old relationship – photos, valentines cards, mementoes of your time together.  Don’t be too hasty to purge here if you have children together because there might be things like photos that your child may really appreciate having in the future- after all, this is documentation of family history. Perhaps they could live in the attic -out of sight- until your child might want to look through them, by which time they might not seem so painful to you to behold. Then there’ll be the mental and emotional clutter – the pain, the hurt, the anger and the regrets. Isn’t it time you had a clear out, to make room for a happy new life?

It may be that your clutter is not emotional in that sense. It could be papers as yet unfiled, magazines as yet unread or bills as yet unpaid. Chances are, though, that every time you look at your clutter, procrastinate about tidying it up or attempt to find something in the piles (or even try to ignore it altogether), it will be adding guilt and draining energy and productivity from your day.

Sometimes we need help clearing out our clutter and that means hiring a coach or other professional to help us to get started and ensure that it is a positive and useful experience. I’d like you to have the opportunity to clear out your clutter now. Haven’t you waited long enough?

Vivienne Smith, Coach and author of The Single Mum’s Survival Guide

 

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Welcome to my 7 day event highlighted on my blog, BonnieGortler.com!

The theme is – “To More Wealth and Well-Being”, where you will learn over the next 7 days how to make wealth and well-being yours now and forevermore.

Each day I will share ideas to improve your life, health, and finances.  At the end of the 7 days we will have a drawing for a $35 Amazon Gift Card.

To participate, make sure to comment on my blog (http://BonnieGortler.com) or on my Facebook page (BonnieGortler.com: BG Enterprises) so your name will be entered into the drawing. (Remember, only one (1) comment per day per person is permitted).

Explore, engage, and experience the awesome FREE-gifts and bonuses for you while you are visiting, and please make sure to like my Facebook page and share the wealth by inviting your friends, associates, and loved ones.

It’s real easy for you to enter the drawing and apply the new ideas you will learn so you to have more wealth and well-being from the gifts and bonuses I will share with you each day.

To sweeten the offer, I am including a copy of my book Journey to Wealth: A Practical and Mindful Approach to Growing and Sustaining Your Financial Well-Being (a downloadable copy for an international winner). Grab chapter one via BGJourneyToWealth.com.

Now, you have no excuses. Join in the fun and break through the challenges that you might be experiencing and decide wealth and well-being is yours now!

By taking part, you will quickly discover how to end the struggle for building wealth and begin to create a life full of well-being without the stress. You’ll feel better and become more fulfilled like never before. I’ve put this promotion together so you will be encouraged and get excited in your heart and mind and realize that wealth and well-being is possible for you. I want you to be fully prepared by knowing the steps necessary to create the lifestyle you’ve dreamed about.

You have the power to create change – Invest in YOU!

Today’s Tip to More Wealth and Well-Being:
Day 1: 10 Simple Ways to Strengthen Your Money Mindset Now

follow up-change aheadWhat feelings arise when you think about wealth in general? Do you get excited or do you feel a sense of anxiety when it comes to thinking about where you are when it comes to your own wealth? I can’t express enough how important it is to experience good feelings when you think about wealth and its possibilities. Your thoughts, beliefs and attitudes determine your wealth potential. Wealth building is a mindset that begins with your attitude, and in order to achieve wealth success you will need to develop a strong mindset. The key in creating a solid attitude in this area is to remember that 90% is mindset, and the other 10% is strategy. Having great strategy helps you but a weak mindset will always stop your progress. You have the power to change your thinking and not stay in a place where you don’t want to be.

Wealth is more than just money. It includes a fitness plan for wealth that is made up of the mental, physical, emotional, and financial elements of you. Change your mindset to believe that wealth is yours right now and watch your change unfold right before your eyes. Growing your wealth starts with a positive mindset that will continue to grow so that all parts of you and your world will benefit.

 Listen here to the audio version of the article

When you think positive thoughts concerning money you attract money to you. An optimistic approach will prove more fruitful than continuing to allow money to flow away from you due to your negative thoughts. Changing your current belief surrounding money into a winning mindset starts with you. Decide now you are ready and take ownership of your finances. Make up your mind that that you are committed to making the necessary small changes in your thinking and beliefs that will create great results. You are the CEO (Chief Operating Officer) of your finances. Remarkable things happen when you combine the right focus and a positive mindset.

Start with a positive attitude and think about what you appreciate about money. Be optimistic instead of continuing to agree with all the negative money thoughts that might have held you down in the past. For example, when you were younger, did you always spend money and never save, so you think it’s impossible to save and you end up spending everything you make? Maybe you previously purchased a stock that you lost money on so you created a story in your mind that it’s impossible to grow wealth by investing. You will find it freeing to let go of all of the past stories that you have been telling yourself. They are most likely not true, and they don’t serve you in any positive way so why keep focusing on them. Change your thought process to having an attitude that is full of confident optimism by remembering the profitable and abundant times in your life. Reminding yourself often of such memories will help you develop the right money mindset. Believe, and you will discover that your journey to wealth is within reach!

10 Simple Ways to Strengthen Your Money Mindset Now

  1. Get clear about what wealth means you.   Know what your financial needs are for the lifestyle you desire.
  2. Learn some investing basics so you become and are an informed investor.
  3. Develop a plan of action that fits your needs to achieve your financial goals.
  4. Write down 3 realistic investment goals for you to achieve with specific dates. Have a mix of long term, (5 years or more) intermediate term (1 to 5 years), and short term (up to one year) financial goals.  If you would like some additional help contact me at bonnie@bonniegortler.com
  5. Break your larger goals into smaller ones. Focus on one goal at a time.
  6. Invest in you, your own personal development.
  7. Learn how to develop a stronger mental mindset so you will control your mind chatter.
  8. Develop good investing habits so your can have fewer mistakes leading you to making more profits consistently.
  9. Surround yourself with as many positive people you can. Avoid being around negativity as much as possible.
  10. Resist waiting 5, 10, or 20 years to start saving. Start with baby steps to save. Begin with an amount of money that you can put away towards your future. Start small. “Just do it”.

Strengthen your money mindset and learn to become more at ease with your finances. Begin now to develop a clear savings and investing plan. Create the change for your stage of life that will make the difference in your wealth. If you would like some help, know that I am here for you. Embrace the process, dream big and never give up! Even the smallest action steps add up and are enough to make a true difference in the life you dream about. It’s never too late to start.

I have a gift for you.

To help you get started on your journey to wealth to develop your financial plan with increased confidence I am sharing with you today a Free MP3 Audio Download titled: “Ensure Your Journey to Wealth“.  NOW is the time to stop putting off your financial well-being.  Start today! You can gain access by clicking here to receive it. Or simply copy and paste the following link into the address bar of your browser. https://bonniegortler.com/ensure-your-journey-to-wealth/

Let me know how some of the ideas I’ve shared with have resonated with you, and be sure to visit my blog or FB page to have your comments count for the drawing.

To your health, wealth, and happiness,

Bonnie
The Inspired Wealth and Well-Being Coach

 

Schedule your Inspired Wealth and Well-Being Free 30 minute Discovery Session

 

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If you want to grow your wealth you will need to use simple wise financial planning strategies to increase your confidence in order not to run out of money. When you make drastic changes they can be overwhelming. It’s not necessary to make them all at once to create a lifestyle that is happy and fulfilling to you. Money doesn’t have to be the focus of your life.  For you to grow your wealth you will need simple wise financial planning strategies that will increase your confidence in knowing you will not run out of money.   Developing good routines with your money now will help you as you get older,especially when it comes to investing. Start simple. As your skills improve your comfort level will evolve. By creating a winning money formula that is fun, uncomplicated, and doable you will stay focused and be able to stay with your plan over the long term. Employ a few of these tips now, and see how they will help your confidence with money. Your journey to wealth is within reach.

14 Simple Tips to Build Your Confidence With Money and Grow Your Wealth

• Talk about money, don’t hide from the conversation. If you are thinking about money and feeling a bit unsure, seek some help.  If you don’t ask, or seek guidance don’t expect change to happen. Start today to take advantage of the opportunities that arise. There are many investment advisors, financial planners and wealth coaches, who can support you. Get your free 30-minute coaching session with me to discuss how you can create more clarity and more comfort about wealth.

• Create good financial habits you can follow, to suit your needs, not somebody else’s. The routines or habits you establish early in life can have a positive impact on your finances.

• Create a spending plan within your means. Track your spending for a couple of months to see where you are actually spending your money. Everything adds up so fast. See if you can you make some small changes so you will have more money for something else. If you could cut back just $25 per week you will have an extra $1,300 per year you can put toward your savings to pay off debt or put in your investment account.

• Have an emergency fund of at least six months of what your present expenses are. Jump start your wealth and well-being. Get your free report here.

• Be ready with a plan for extra expenses that might arise during the month. Health care costs continue to increase and deductibles for the doctor or hospital visits will add up over the course of a year.

• Review every few years your bills you pay regularly. For example Cable Vision, Direct TV, or your phone company. See if your company has a cheaper monthly package where you would still get what you really want.

• Review your interest rate on your credit card you pay. Call the company, ask for a supervisor. Ask them if they can lower your interest rate cost. Don’t be the one who shops for a sale price. However then doesn’t pay off the bill in full, and then you wind up paying double-digit interest.

• Avoid using high credit-card debt. Follow a simple plan to put aside money in your bank account toward debt, rent, utilities, and other essentials.

• If you are paying a mortgage think about accelerating your payments by paying one extra payment each month. This will save you money and cut the number of years of your mortgage.

• Pay yourself first. Do your best to make saving some of what you earn a monthly priority.

• Take advantage if your employers allow you to contribute into a retirement savings plan. Start with a few percent of your income to create the habit, and then increase your contribution to 10% if you can.

• If you are not working and need to take money out to live on, see if you can limit yourself to withdrawing 4 percent or less in order to preserve your capital for later years in life.

• Diversify your investments. Have a variety of investments including a broad mix of stocks and bonds for diversification. Review what your asset allocation is, and where your investments are monthly. Know how much your money is in equities, bonds, and cash. As you grow older it’s a good idea to move your assets into less-risky investments. A quick rule of thumb is to have an allocation to bonds equal to your age.

• To achieve wealth in investing, the number one rule is to avoid taking large losses on your investments. Sit back and enjoy in the comfort of your home my training and discover how you can stop struggling building wealth.

Begin creating a simple wealth plan you can follow today. Your plan doesn’t have to be hard or disruptive to your everyday life. Decide to take responsibility for your money. Start to save and invest as early as you can, but remember it’s not too late to start. By investing your money for many years you will use the time to your advantage. Money makes money. To learn more about developing good habits read my article to improve your well-being and create the lifestyle you desire.  Experiment, be open-minded and continue to learn along the way. You can change where you are now and fulfill your hopes, dreams, and goals. With smart money management, desire, mixed with some new discipline, your confidence with money will grow.

If you like this article then you will love my Top 10 Investing Tips to Grow Your Wealth 

To your health, wealth, and happiness,

Bonnie

The Inspired Wealth& Well-Being Coach