GENERATIONS X AND Y: ARE YOU WILLING TO FORFEIT 75% OF YOUR INVESTMENT EARNINGS OF YOUR LIFETIME?
By: Tim Butt
Generation X and Y Investors,
With the close of one decade, a new one begins and opportunities for improving our lives, relationships, careers and financial futures are all around us. With the launch of The Self Empowered Investor comes exciting new challenges and endeavors geared towards helping investors improve their financial well-being.
Study after study reveals the majority of baby-boomers are woefully unprepared and facing personal financial disaster as they near or enter retirement.
Generation X and Y investors, those in their 20’s, 30’s, and 40’s, are fortunate that the baby-boom generation has led the way in transitioning from defined retirement plans (corporate funded pensions) to self-directed retirement plans. This major transition puts the responsibility of saving for retirement, solely on the individual. Generation X and Y investors are blessed with time and choice when it comes to saving and planning for their financial futures. If they’re willing and disciplined enough to change their investment strategies from those of their parents and other baby-boomers, they can be successful and realize their retirement dreams.
After a decade of lost investor returns, the financial service industry’s self-serving nature, two burst bubbles, absurd speculative products, and a complete breach of investor trust, baby-boomers are having to reconsider whether they can retire when they had originally planned. These are definitely NOT the choices one envisions approaching their “golden years.”
Will you make the same mistakes the baby-boom generation did when it comes to retirement?
Generation X and Y investors must personally take control of their investments, plain and simple. Through knowledge enrichment and a small commitment of time, these investors can define a fundamental investment strategy that focuses on “true investment” principles, rather than the complex and speculative strategies offered by the industry.
To reference John Bogle, founder and former CEO of The Vanguard Group, if you’re depending on an advisor and those in the financial services industry to serve your best interest when it comes to your retirement investments and wealth accumulation, be prepared to forfeit 75% of your investment earning to your advisor and the industry over your lifetime!
If you would like to work with the most trusted financial advisor (yourself) and ensure your investment dollars are building wealth for YOU, it’s time you consider becoming a Self Empowered Investor.
You have two choices: play “their game” and accumulate wealth for an advisor and the industry, or play “your game” and accumulate wealth for yourself.
The Self Empowered Investor is committed to teaching, inspiring, and empowering you to achieve your greatest financial potential. We share a belief that those investors putting up 100% of the money and taking 100% of the risk deserve to reap the rewards!
Happy New Year to all and may happiness, peace, and prosperity fill your 2011 and beyond!
Be sure to keep an eye out for our upcoming video titled: A New Journey Begins. Your new journey toward a successful retirement can begin today.
“Self-discipline is the key to personal greatness. It is the magic quality that opens all doors and makes everything else possible. With self-discipline, the average person can rise as far and as fast as his talents and intelligence can take him. But without self-discipline, a person with every blessing of background, education and opportunity will seldom rise above mediocrity.” – Brian Tracy