Page 3 - _10 Copy of Final Lead Magnet The Wealthy Dummy

concentrated over a few days. Incredibly, missing 10 of the best trading days in the past 20
years would half your annualized return from 7% to 3.5%

#7 In stock market investing, BEHAVIOR matters more than SKILL. Let that sink in. Instead
of watching the financial news for hours searching for the best investment, decide on a good
one and watch your behavior instead. An example of a good investment is a low cost Total
Market Index ETF with an affordable starter investment, allowing you to add small investments
periodically, commission free. An example of good behavior is giving the market breathing
room to recover from the inevitable 10% corrections and not trying to time the market. Getting in
and out of the market is a fool's game. Studies have shown a wide gap between investment
returns and investor returns. This is due to irrational behavior where investors invest with their
emotions. Detach from the emotions of fear and greed, and you will be wealthy. It's inevitable.

#8 Know your Bail out Number. This advice may contradict #7, so let me explain. Have an
exit plan. The stock market trends up around 70% of the time. However, it never goes straight
up. There will be 10% corrections along the way, and it is important to stay invested when
these corrections occur. There are times when the market will swoon by 50% or more as in
2000, 2008 and 2020. You need to have a simple rule in place that will get you out before
momentum makes it worse. Give the market space to breathe. Be slow to pull the trigger to
bail out. But never let a 10% loss become a 50% disaster. A 50% loss requires a 100% gain to
break even. That is hard to achieve, especially if you are close to retirement and don't have the
time to recover.

#9 We are in the Golden Age of Stock Market Investing, you must participate. For the
average investor, there has never been a better time to participate in one of the greatest wealth
building tools available to us. Brokers are vying for our investable assets with $0 commissions,
online investing tools, automation, stock charting, and fractional shares to make investing
accessible to everyone. In fact, you do not even need money to open an account. You can
paper trade (start an account with virtual money) to get familiar with the jargon as you develop
your understanding and skills. No more excuses. If you want to own your tomorrow, start
investing today. You now have the power to prosper. Use it!

There you have it. My 9 simple lessons learned over 20 years of stock market investing. Simple,
but not easy to apply consistently. My intention is that they will bring peace and profit to your
stock market investments.

My mission is to retire America early -- one dummy at a time! Join the tribe at
www.thewealthydummy.com. Every Friday, after the market closes, I write up a short
commentary on the trend of the market. It will answer the profound question: Should you be in
the market or out? I also discuss how to reset your money mindset to align with wealth and
abundance, or how to make money your new honey!

“The United States has developed a new weapon that destroys people but it
leaves buildings standing. It's called the stock market." - Jay Leno

The stock market can be confounding, making us feel like dummies. Out of frustration and a
feeling of helplessness, I was determined to conquer this beast we call the stock market. After
all, we cannot ignore one of the greatest wealth building tools available to us.