An Automated Forex Robot can outperform traditional 401(k) systems, as the numbers reveal. The Wall Street Journal reported good news today, that the Vanguard 401(k) is up by 7% over the past two years. This sounds good until we examine the facts.
The market itself, it was reported, is still down by 30% from the traditional highs of 2007. In comparison to the market in general, the fund is fantastic, a full 37% higher. I am glad because I have retirement funds in that direction myself.
However, think about 7% increase in two years, since the 2007 high. You are looking for the benefit for your retirement future. When you look at your statement you realize that out of that 7% you paid two years of fees, which can include brokerage fees, commissions, and other fees that may or may not be clear and on the front page. It could be that you’ve paid about 3.5% per year in fees. What this would mean for you is that your 401(k) is right where is was two years ago.
We believe that part of our money is best used like seed. We have written on that in former articles. The point is that seeds grow only as well as the soil they are planted in. Your money is put aside to grow. Many people are forgetting that and seem happy if it just holds even. Not at all. A portion of our money is like an acorn or whatever, and is put aside for growth. That is why we invest.
But there is a general malaise right now, that it is okay if money is not growing, just holding on to it as if it will not shrink, is good enough. We do not believe that.
Like when they asked Albert Einstein what was the most powerful thing he knew? He said compounding interest. It should be the 8th wonder of the world, he said. Shocking, when he could have talked about nuclear energy. If our money is not growing and compounding, we are being left destitute for our future.
We believe that Baby Boomers are heading for a terrible awakening. They can either awaken now, and look at the numbers and try to make some adjustments so they’ll have a safe and secure future, or they’ll be forced to awaken later when it could be too late.
Other reports indicate that people are using up their 401(k)’s by their mid 70’s. What then? Our book, “Without Money You Feel Dumb, Broke and Stupid:How to Get Your Money Back,” goes into more detail in this regard.
The other option as indicated by the title above is to find a good automated forex robot tied to the Foreign Currency Exchange. This is the market that is little known, which is a surprise, because it is larger than all the other markets in the world combined.
$3.5 Trillion Dollars per day is moved across the world, 24 hours a day, 5 days a week, and it is available for the average person to access through the internet brokerages.
A good automated robot system needs to be watched and monitored, and there is only one we can recommend that is monitored. It needs to have a very low expectation, which is not easy when people think they can dive into the $3.5 Trillion and double their money within a short time. A low expectation would be under 5% a month.
But think about that. Even at 3%, which a new breed of investors are doing and some are using their 401(k) as a self-directed IRA, their money doubles in 24 months, 2 years. Not much, it seems, until we apply Einsteins insight, and realize the compounding power. $20,000 can lead to enough to retire within 8-10 years or so.
And retirement today is not about age anymore. 65 is not a magical retirement age. Retirement is now about money. When you have enough and it is producing and working for you, you are ready to retire, whether you are 35, 45, or 55 and so on.
We believe a tested and monitored automated forex robot system that is not trying to make you rich quick is a terrific option for those who want to secure their future and look for a quality retirement within a few years.
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