Dear members,
I am grateful for all your trust and support you have shown to GrowWealth blog over the years. Understandably the bear market led to reduced interest from members & followers on investing. Remember, wealth creationg for long term is like growing a tree. Trusting the process with the right strategy and time will result in a full blown blossom and a fruitful tree.
Growing your Wealth is not an fair weather objective. It is a long term goal and effort. Active learning towards wealth creation is the primary focus of GrowWealth blog. You have had access to weekly stock market updates, my methodical analysis of the indices and individual stocks, and cryptos using numerous free to use tools, indicators and platform to help and guide you to make the right decisions.
I hope you found it useful and educational.
The market is showing signs of recovery. It could be another bear trap or start of a bull run. We will only know that retrospectively. As you know, we are NOT in predicting business, but we are in interpreting business when it comes to investing and trading. The structured approach, continued weekend routine, trade strategy, and adequate risk management will keep us in the game for longer. This is the key to successful investing.
You may have noticed in the recent weekend updates that the VIP Portfolio swing trade positions in the last few months have been showing some persistent gains. Currently, there are positions that has +55%, +23.9%, +18%, +10%, + 8% and a few other trades in profit territory. The largest losing open trade currently in the swing trade position is -8.9%. This indicates to me that the market sentiment and price action is improving. I have introduced option strategy in the recent months to VIP Portfolio members. I will continue that option strategy going forward. It has resulted in +100% and +85% of the risk capital as profits in the last 2 monthly trades.
Do not let the Financial TV headlines scare you out of the market, but at the same time, do not go 'all in' without proper strategy.
Use the learning and skills you gained from GrowWealth to benefit.
By the end of this week, the existing membership structure of GrowWealth will come to an end.
Personally, I will continue the weekly routines that helps me to successful analyse the market sentiment. I urge you to do so as well to protect your capital, limit your losses and there by grow your wealth gradually.
GrowWealth blog will continue, though. I will post some useful, informative and educational posts whenever time permits and this will be accessible to all followers.
As ever, I am committed to sharing whatever little knowledge I have on investing and trading through this GrowWealth blog for the willing & interested followers to benefit from. If you have any queries or need some guidance/financial mentoring, and you feel I could help you, I am more than happy to be contacted. You can contact me on [email protected]. Feel free to let me know if you would like to have continued deeper insight to my trade ideas, option strategies and market updates.
Remember: Investing is a continuous journey of self education and disciplined execution. Invest in yourself and in your learning.
GrowWealth empowers you to invest better.
While one chapter of GrowWealth closes, the other starts! The journey of wealth creation and financial freedom continues.
Happy Learning and Successful Investing.
Disclaimer: This material is intended for educational purposes only, and is not recommendations to buy or sell any financial instruments or products. Do your own due diligence and make your own decision. The value of your investments can rise as well as fall. Capital is at risk when investing in any financial products. You could get back less than you invested. Past performance may not be indicative of future results.