Happy Holidays everyone! So… In preparation for the coming year… My primary goal for 2016 is to get to the point that I can fully support myself financially via my investments. I’ve had a record year in the stock market this year so I’m getting close. Based on where I presently stand I’d need to earn about 6.5% per year in the stock market to fully support myself without reducing my account balances. This might be sustainable given that the long term average for stock market returns is about 7% per year, but I’d feel much better about things if I could get down to only needing to earn about 5% per year. We’ll see where things stand at the end of 2016, but my goal is to reach this. If I do I’ll be looking to cut back to part time at my job or perhaps to even stop working the job completely. It’s such a wonderful feeling knowing that I’m getting so close to being able to do this! So now you know why I’ve been spending so much of my off time at Starbucks! I’ve been researching stocks, developing and refining my investment strategies and approaches, and writing a series of financial planning, management, and investing books which I also plan to complete by the end of 2016. So soon, all of my investing “secrets” will be revealed!

I’m determined to achieve this financial freedom and independence goal and I can help you with achieving this as well. Please contact me if you need any assistance with any of your financial planning, management, and/or investing needs as this is one of the areas that I actively perform life coaching in. Also feel free to click on “Financial Planning, Management, and Investing Related Posts” on the sidebar to the right or below (depending upon which device you are using) for helpful tips on how to become a solid investor.

You can also follow me on twitter if you like at Joseph M Brennan Jr @ Brighter Days Life Coaching.

#investing #stocks