Our group is focused on creating healthy lifestyles: food, fitness and now financial. Each month a different topic on financial health will be presented. This month it is understanding the stock market with Maggie Roth. Several years ago Maggie taught me and a group of our friends how to successfully trade. The returns she gets are extraordinary and consistent whether the market is going up or down. This is her story:
Seven years ago I was like everybody else with a 401K, an IRA and a few other investments handled by both a stock broker and a financial advisor. I made a little money each year and then the market would turn and I would lose it. In 2008 my broker and my advisor rode my accounts all the way to the bottom – a whopping 42% loss in just two months. I was angry because the same thing had happened in 1972, 1980, 2001 and now 2008. So I started studying and what I learned was life changing. Since 2009 my annual return has never dipped below 37%. You can have the same journey. Like everything in life, the first step is understanding. What is the stock market; how does it work; what makes stock prices move up and down; are there ways to successfully trade with minimal risks? Every stock chart tells a story. Bring your favorite ticker to class and we will learn how to read the Stock's story. Then I'll show you how I might trade that stock.