Andrew Packer - Safe, Debt-Free, and Rich!: High-Return, Low-Risk Investing Strategies to Grow Your Wealth

Andrew Packer

www.humanixbooks.com

Humanix Books

Safe, Debt-Free, and Rich: High-Return, Low-Risk Investing Strategies to Grow Your Wealth

Copyright 2018 by Humanix Books

All rights reserved

Humanix Books, P.O. Box 20989, West Palm Beach, FL 33416, USA

Library of Congress Control Number: 2017947286

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Interior Design: Scribe Inc.

Humanix Books is a division of Humanix Publishing, LLC. Its trademark, consisting of the words Humanix is registered in the Patent and Trademark Office and in other countries.

Disclaimer: The information presented in this book is meant to be used for general resource purposes only; it is not intended as specific financial advice for any individual and should not substitute financial advice from a finance professional.

ISBN: 978-1-63006-078-7 (Paperback)

ISBN: 978-1-63006-079-4 (E-book)

To my mother, for her common sense, and to my father, for his investment acumen

No book is written in a vacuum. Im grateful for the support of all my friends and family for tolerating me during the arduous writing process. Specifically:

At Newsmax: Christian Hill, Michael Berg, Stephanie Gallagher and Chris Ruddy.

At Humanix Books: Mary Glenn, Sherrie Slopianka, and the staff at Scribe.

Bill Spetrino

Bill Spetrino

I consider myself an investor first and foremost. Im not an economistIm not some Wall Street broker trying to sell you on the latest hot stock. Im just a normal guy who unlocked the secrets to investing and have put them to work for myself and, later on, for ordinary Americans looking to get better financial returns.

The most important thing you need to do with your money is manage it well. Its the difference between working for a living your entire life, or retiring comfortably... or even early, like I did at 42. That means finding the best opportunities and focusing on them to get the best returns. Few people get it.

Andrew Packer is one of the handful of people Ive met who also gets it. He understands the importance of finding a great investment opportunity and how to best allocate capital to get the best returns. He always knows the right questions to ask before getting into any investment. He understands that theres more to the market than just numbers; theres a psychology to it too.

Most important, Andrew spends a lot of time thinking about what could go wrong before asking how much money he could make on a trade. Most people tend to see dollar signs in their future and plow inonly to end up underperforming the market or losing money.

Even though hes a young and generally quiet guy, he has an intuitive grasp of what you need to know when investing. In this latest book, Safe, Debt-Free, and Rich: High-Return, Low-Risk Investing Strategies That Can Make You Wealthy, Andrew will walk you through some of his best and most interesting trades. Hell explain why he selected those opportunities, what happened, and how he and his subscribers across various investment services made out as a result.

Throughout the book, youll learn how to be a better investor. Best of all, youll learn how to put that knowledge to use. By the time youre done, youll have the knowledge you need to make better investment decisions, know when to exit a trade, and understand how to best maximize your returns while lowering your risk along the way.

While there have been some great investors throughout historyand many of the best are still active todayto really understand how to be a great investor, we need to go back to the source of the most critical idea to hang on to during a wild investment lifetime.

Our story really begins with the Greek philosopher Plato. Plato asks us to imagine that we are bound and tied in a cave. Behind us is a fire or other source of light. Figures by the fire use objects to project images on the wall, not unlike a modern-day movie theater.

Plato tells us that this is our perception of reality. In this allegorical cave, we see the images of things, but not the substance. If we were to break free of our bonds, we would see how poorly they mimic the genuine article. We could then escape the cave and see the real world.

Im often reminded of this allegory because investing is fundamentally about the truth. Its about determining whats really going on, not what youre being shown. In a world driven by 24/7 news coverage, irrelevant minutiae might be blown up until a better story comes along. And even then, what were told about a story is usually framed through two lenses: fear and greed. A story about a robbery might be commonplace in a big city, but it can be played up relentlessly to create a culture of fear.

This shows that theres an emotional aspect to our lives as well. We need to not only see things as they truly are but be able to react to them appropriately and not merely in the way others expect us to.

When you can do that as an investor, theres an endless world of possibilities.

If youre looking to invest and not just trade, your investment journey starts with a world view. What does that mean? Its simply how you see the world and the factors shaping it. If your world view is accurate, or as close as possible, youll be in a position to make realistic predictions about the future.

Since investing is about trying to gauge future trends today with some success, understanding where we are now is critical. After all, if you cant find where you are on a map, how will you get where you need to go?

Many traders might not even have a world view. To those who truly day-tradeand start and end the day in cashevery day, they have to rediscover whats going on. At the other end of the spectrum are those who invest by looking at longer-term trends that are in development. Im firmly in the latter category. With so many traders chasing short-term gains (and often failing), looking toward the long term instead gives us a better edge and more time for an investment to successfully work out.

Right now, my world view looks at three major factors. Maybe Im still in the cave, but Ive found that if I look critically at these three factors when making investment decisions, Ive gotten great results over time.

This is a snapshot of the world. Thats a pretty simple thing to find. Pull up a chart of the overall stock marketI like to use the S&P 500 Indexand see whats going on. This is the basis of technical analysis, but you dont need to do anything too fancy.

In fact, you really only need to look at the direction that the market as a whole is moving to determine what about 80 percent of stocks are going to do at a given time. If the trend is going up, stocks will likely go up. If its down, youll want to wait for the line to stop going down if youre looking to buy again with less risk of a decline.

When the financial crisis ended in 2009, stocks had an immediate and powerful rally that eventually petered out. Over the past few years, the markets have been in a pattern where theyve tended to trade sideways, fall around 10 percent or so, and then rally to break to new highs.