Do You Have Enough Money TO Invest and Trade?

Posted on Apr 21 2017 - 11:37am by Sharpe Trade

“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.”- Charles Dickens, David Copperfield

Over the years, we have found a particular paradigm.

Individuals may have $1,000 or $2,000 to place in an investing and trading account.  But they do not have the money … really … TO invest and trade.

For one’s in that scenario, as we have said before, you may want to check out Dave Ramsey’s baby-steps to get things straightened out

(Video Included. If you’re seeing this entry elsewhere and cannot play the video? Click this link to go to the exact video entry …)

How do we produce such fantastic risk-adjusted performance?
Check out Sharpe Trade’s Short-Term Trading Course !!

2 Comments so far. Feel free to join this conversation.

  1. Kevin Danner May 23, 2017 at 10:30 pm - Reply

    Hello Dan,
    Here is my situation: Debt free, 55 years old and at the end of this month I won’t even have monthly rent or utility bills to pay as I am moving out of my house. I am an OTR truck driver and will literally live in my truck. I currently (May 2017) have $9,000.00 in the bank. Over the next year I expect to easily have at least $500.00 per month to invest after paying living expenses on the road (mainly food and an occasional hotel stay) and continuing to build my savings. My main concern going forward with investing is that my job with its 10-14 hour days does not leave me with much time to focus on a portfolio. But I know I have to act because I do not have any investments to provide for my retirement. Any info from you as to how your company would benefit me would be greatly appreciated. Thank you, Kevin

    • Dan June 2, 2017 at 12:25 am - Reply

      Heyya Kevin,

      Sorry for the delay.

      Crazy week around here.

      Well … what we demonstrate here, is how someone can self-direct an account, for themselves. Some of the strategies we mention are trades that may last minutes (thus requiring someone be at home in front of the monitors). Other strategies we employ? Literally need looked at once a month. Or once every two months. It just depends on the periodicity that a self-directed investor wants to choose for themselves, to their own life circumstance.

      Hope that helps,

      Regards,
      Dan

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