Hello and welcome to my introductory blog on this forum. My name is Al O’Grady and, like you, I would like to achieve true independence and financial freedom in my life. I never had dreams of becoming a billionaire but just enough money so I would never have to worry about bills, doing what I really enjoy doing and leaving some behind for my kids when I pass away. In order to do that, you have to have a plan. What if I could double my money every year in the stock market with virtually no risk?
It’s that what-if question that has led me to the 2 percent goal. I know that sounds incredibly trivial but if you could get a 2% return every week, you would get 104% per year. Goal achieved. If you use the power of compounding interest, a 2% return every week generates an annual return of over 180%. OK, sounds great, but how do you do that? It’s a simple strategy of using 50-200 day moving averages combined with the MACD curve and well-defined stop losses. Take the emotion, hype, subjectivity and greed out of the equation and use a well disciplined, objective approach. So, let the journey begin.
Cheers,
Al
Source: https://twopercentgoal.com/welcome-to-two-percent-goal-my-journey-in-smart-investing/
DISCLAIMER
Opinions and data provided are subject to change without prior notice. These opinions might not be suitable for every investor. It’s important to conduct your own research and consult with a registered broker or investment advisor. Information on various stocks, options, futures, bonds, derivatives, commodities, currencies, and other financial instruments (collectively, “Securities”) is shared here to potentially interest the audience. This content is meant for informational purposes only and does not constitute investment advice or recommendations. The buying or selling of any securities is not solicited. Additionally, none of these activities should be interpreted as providing financial advice. The information presented should not be taken as a suggestion to buy, hold, or sell any specific securities. Investing in securities comes with risks and market volatility. Past performance is not indicative of future results. It is strongly encouraged to conduct your own due diligence.
Al O'Grady
RBL Financial Writer
Al brings a wealth of expertise in smart investing and financial strategies, and we are confident that his insights will be invaluable to our community. With his deep understanding of the stock market, wealth management, and investment strategies, Al will provide our readers with valuable information and trading tips to help them navigate the financial landscape. Stay tuned for his upcoming articles and join us in welcoming Al to the team!
www.twopercentgoal.com
