Episode 12: 401K/IRA

Learning all about Mutual Funds. 401K is a goldmine and here is

how you can accumulate wealth.

STOCKS 101 – Stocks Explained to the Beginner

Episode 12. Are you in the BEST funds in your 401k/IRA? We list top 10 best performing funds

Bryan Reich - Website: www.makestocksfun.com

Do you want a transcript of today’s seminar?

Email me at:

Email: bryanking@yahoo.com

Or direct message on the meetup app.

I appreciate everyone being here and spending time

On your stock development. I know you want to learn

How to generate wealth and retirement income via

The stock market.

.

My name is Bryan Reich. I am a successful stock investor and my goal is to become a stock millionaire.

In these sessions, I want to pass on my knowledge of wins and losses so you can enjoy the success I have today.

Week 12’s Introduction:

In today’s important lesson, we will go over mutual

Funds and selecting the VERY best that is offered

In your portfolio.

401K/IRA/ Investment Retirement Mutual Funds

In 2004 I discovered Plutonium, or I thought.

It was an ordinary day and at my work desk I was ready

To throw out my 401K statement which we received

Every quarter. Along walks my accounting friend.

Hey Bryan, do you mind if I look at your report?

I was hesitant because I didn’t want to give up my personal

Information. He laughed and said look at my 401K quarterly.

He had a 40% return this quarter. I looked in total confusion.

I had a 6% return. How in the world… He said come to my

Desk and discuss how you can get the SAME result!

What I learned that day: The fund your company gives you

Is probably NOT desirable. IE: Check your fund list for MAXIMUM gains. I was getting 6% because I had a fund

That was very “average”. I had to get a special password

And keycode to access my account and make the same

Changes that my accountant friend did. Today I will show you amazing Funds that will blow you away!!!

This was the beginning of my investment career. It started

With my 401K at work. Your 401K/IRA should be your

Training wheels that give you “leverage” for understanding

The very complex world of the stock market.

What are mutual funds? – Group Discussion

Why be involved in Mutual Funds?

+Less Risk

+More Diversity

+Earn a quarterly yield/dividend

Why am I in mostly stocks and very few funds?

I am a savvy investor. It took me a LONG time to get to

The skill level that I possess today. It takes confidence, the

Right mindset/psychology and more importantly patience.

Things are NOT going to fall in place because you NEED

Things to happen at a particular time. In the long run, I am

Confident that I can select stocks that will outpace a mutual

Fund.

Here is my list of top 10 funds: It would be nice if

These funds are available in your retirement plan.

These are annual returns based on the last 10 years.

Top 10

1) 32% DXQLX- Direxion Monthly Nasdaq

2)31% RYVLX- Rydex NASDAQ-100 2X Strategy A

3)30% SMPSX- Semiconductor Ultrasector Profund

4)30% UOPIX- Ultra Nasdaq-100 profunds Investor Class

5)30% RYCCX- Rydex NASDAQ-100 2X Strategy C

6) 28% NASDX- Shelton Nasdaq 100

7)27% FSELX- Fidelity Select Semiconductors Portfolio

8)27% TEPIX- Technology Ultrasector Profunds

9) 21% VITAX Information Technology Index Admiral Shares 10)16% FDSVX Fidelity Growth Discovery Fund

It's been a while since I had a job so if you could

Chime in and let me know who sponsors your

Plan at your company?

I assume most of them fall under Vanguard/Fidelity/Franklin

Fidelty – Blue Chip- 11-15%

If you do NOT think this matter lets

Look at different percentages over time:

Lets say that you have 20 until retirement and put $500

For a monthly contribution. $50K currently.

At 6% rate of return gives you $418,535

At 12% rate of return gives you $971,935

At 20% rate of return gives you $1,500,000

When my buddy showed me the way to get a higher percentage

I instantly maxed out what the IRS allowed per year.

401K/IRA gives you leverage and a real look at how investing

Can build wealth into your life.

$22,500 is the maximum that the IRS will allow in 2023. If you are 50 or older, they allow $7500.00 more.

Homework: Look at every fund that your company provides

You in your 401K. Double-check with IR or HR to verify

That is the total list of funds.

Research the fund’s performance for the last 10 years. While past results might not guarantee future returns it is a STRONG guide.

Change out low-performing funds for higher ones and inspect to make sure the fund is performing up to par. Always check the bottom line.

Does this all make sense?

How do you double check a stock or mutual funds

Performance? Bigcharts.com Why this MASSIVE

Tool is free is beyond me!!!

This alone is worth 5 stars on meetup. Please let the community

Know how I am doing!!! The higher I rate than other people

Can learn from these sessions as well.

**** Paper Trade Contest****

For the last few weeks, we discussed

Paper trades. Paper trades allow the inexperienced

Investor a road map on getting started. We will learn

Stock terminology and real-world market data.

August 20th we will declare our “Investor of the Month”

And give a $30 Gift Certificate. The prize is a bonus

For what we can learn through this process.

I am giving you an exceptional gift which is only a small

A portion of the population understands. How compound

Interest and dollar cost averaging can bring wealth

Into your life.

Like I mentioned you will get 10 new shares per every

week you attend these seminars.

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