Your Retirement Plan. Step #1

Each of us wants to go into retirement healthy and rich. But is everyone going to?
According to the Department of Labor on the date, the average American family income before taxes is $ 63.091 per year.
The average consumer spends 49,638 USD a year:
Housing – shelter – $10,023
Pensions, Social Security – $5,027
Housing – utilities, fuels, public services – $3,477
Food – food at home – $3,465
Transportation – vehicle purchases – $3,244
Transportation – other expenses and transportation – $3,130
Healthcare – $2,853
Entertainment – $2,698
Food – food away from home – $2,668
Transportation – gasoline, motor oil – $2,384
Apparel and Services – $1,881
Cash Contributions (optional retirement and cash savings) – $1,821
Housing – household furnishings, equipment – $1,797
Education – $945
Housing – household operations – $984
Miscellaneous – $808
Housing – housekeeping supplies – $639
Alcoholic Beverages – $457
Personal Care – $588
Life, other personal insurance – $309
Reading – $118

Insurance and pensions are important financial considerations and they cost the average consumer $5,336 per year. This is a total of 10.8 percent of the annual budget. It’s very good. But is it enough?

All of us are concerned about to retire rich. One way to achieve this is a part of your income to invest in securities permanent: a property whose value is rising over time.
Our goal is to manage the portfolio and to manage it in such a manner that all IRA to envy that.
Since it is an investment in our living when we are not be able to work. So we will be conservative enough and will not invest in the penny stocks, derivative instruments and so on. Stocks are what we best know and understood.
Therefore, we will look for an attractive stocks, Blue Chips and dividend paying companies. We will re-invest dividends.
Specifically, you’re going to do it all yourself. We’ll show how to do it only.
Our strategy is simple: looking for share price’s uptrend start’s and will keep that trend until the end. As soon as the direction changes, we will close position and look for a new trend.
The advantage is that you do not spend a lot of time in all kinds of stock market analysis. Do not waste time.
So we will look for cheap stocks. Cheap stocks, according to our definition, are not penny stocks. Cheap stocks are those that have a potency to grow.

Let’s go forward!

Step #1:
Save at least 100 USD every month for stocks portfolio. The more you save, the better will be.

It isn’t hard to do. Believe us!

You will buy stocks. This is your retirement plan.

Start early. Start right now, if you have not already done so.

By: Nojus

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