Bryan Reich - Website: www.makestocksfun.com
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Quote of the week:
“The lack of money is the root of all evil." – Mark Twain"
Funny with money quote:
"The best way to teach your kids about taxes is by eating 30% of their ice cream." – Bill Murray "
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.
Last week’s episode “Predicting the Markets”
Was very entertaining as we went into the
History of Dow Jones for the last 10 years.
What I find useful is to go back in the history
Of the stock market and ask myself what could
I have done to improve my financial situation today.
Does this make sense?
Lots of content during last week's show. If you missed
Out, I highly recommend that you check it out.
A lot of people have left their 401K behind and are unsure on
How to pursue.
U.S. workers have left behind 29.2 million accounts holding a total of $1.65 trillion in assets.
Why do people work hard for a living and do NOT value money?
<group discussion>
Collect-
First – Too complicated
Too much paperwork
Ignore it.
-index funds- Roth 401K -
Contribution-
Capital One customer
401K Administrator-
Fxaix- Fidelity
S and P 500
Fee s – Roth IRA-
Yes- Match
DB to DC a change in era.
Is everyone familiar with this terminology?
I believe it is a HUGE mistake to
Leave it with your employer/old 401K administrator.
Employers can have fees
Employers can be bought out or go bankrupt
401K administrators could change.
It is easy to roll over your old account to
A new IRA. Does everyone understand the process?
I want to bring up some unfair things that I witnessed
Firsthand so I wanted you to be aware and avoid these from happening in your lives.
My employer in 2009 changed 401K administrators.
Why do think this was? <Group Discussion>
In the same year I had another friend that “made” their employees sell out of stock funds and go into bond funds.
The goal is to be aware of snake oil financial advisors.
We want to question why they would suggest certain funds or why they want these changes made.
IE What is in it for them?
Presentation:
Here are some of the top preforming mutual funds:
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
Smartasset.com- create retirement goals and strive to save money knowing you can get large percentages from your investments.
Let's review the market:
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