Why Traditional Investments No Longer Work
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#620: Why Traditional Investments No Longer Work
In this video:
00:36 – How can you achieve high returns these days?
01:04 – A massive 0.75% interest rate.
01:50 – Trade results for the week from trading FX.
03:08 – What are your plans for success?
04:00 – Time and financial freedom.
04:26 – The Successful trader coaching program.
04:57 – Blueberry Markets as a Forex Broker.
05:38 – Don’t waste this year – act now!
We’re living in a world where high returns are quite difficult to achieve in many traditional markets. And I want to talk about that because unless you’re out there doing something slightly different, you potentially could be going backwards when you add inflation and the cost of living, etc. into the equation. So let’s talk about that a more right now.
Hey there traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 620.
How can you achieve high returns these days?
Now I want to talk about inflation. I want to talk about interest rates and returns. And the reason I want to talk about that today is I’ve got a piece of paper here printed out from Lloyds Bank. It’s a bank that I used to use when I was a kid over in England.
I still have an account with them, and they sent through an email, which I printed out here, regarding a reduction in the interest rates that they will now be kindly offering me on a cheque account that I still have there.
A massive 0.75% interest rate.
Now the interest rate has gone from an enormous 1% down to a staggeringly exciting 0.75%. So they’re effectively cutting the interest rate that I’m getting from nothing to even less, but they’re effectively taking it down.
You know, they’re taking 25% off of that from 1% down to 0.75. Now, of course, neither of those two rates are very exciting. And by the way, this is up to 25,000 pounds in this savings account. Absolutely crazy. And it got me thinking, because just behind me here — and you’re not going to be able to see it on the charts — it’s only Wednesday morning here and I’m making this video and podcast.
Trade results for the week from trading FX.
Now, Monday was a public holiday in the US, and so far the market’s been fairly quiet this week. But even so, with the trades that I’ve closed behind me here with very low risk, I’m up 2.9% for the week so far in just two trading days. And the trade that I have open — just one trade — is up 0.5%.
So that’s already this week substantially more than they’re going to pay me in an entire year. And as mentioned at the beginning, with inflation and the cost of living — just go out and try and buy something in the grocery store. Well, luckily here we grow as much food as we can for ourselves. But you go out there anywhere around the world.
It doesn’t matter where you live. I know what Europe’s like right now. I’ve spent a month in the States last year, and you just see the cost of living. You look at what’s happening to your rates bills, like your insurance. Everything that you purchase just to live is going up and up and up through the roof.
Yet interest rates in the traditional sense of investment — like, I know a bank account, that’s not really what you call a traditional investment — but it’s still something that you hope to earn some interest on. After all, it’s your money that they’re using and they’re giving you next to nothing.
What are your plans for success?
So it comes back to: what are you going to do to change that? Would you like to have the ability to, just like I’ve done here on my trades so far this week, you know, you put those trades open and closed together, pretty much a 3.5% return so far — in just two very quiet trading days. And so would you like to have that knowledge and ability to do that for yourself on a consistent basis?
And if your answer is yes, I would — what’s that worth to you? What’s that worth to you in terms of a bit of time and investment in yourself? To have that knowledge to be able to do that. And I think that’s really the question that you need to ask yourself. Are you going to make 2026 the year when things change for you?
Or is this going to stay the same as last year and the year before and the year before, when nothing happens and you’re effectively either treading water or going backwards financially.
Time and financial freedom.
And also time-wise? You know, because we all want time freedom. But of course we all want financial freedom. And you put the two together, and that’s what knowing how to trade properly with a strategy that does not require you to sit in front of the computer here all day.
I’ve just looked at the daily charts today on Wednesday. There are no trades today. I don’t see anything. And so I’m not going to take any trades now and even look at the charts now for another 12 hours.
The Successful trader coaching program.
And so if you want to know how we do that, have a look at the page link that I put here for the course. By the way, we are looking at changing the fee back to what it used to be for the previous 16 years. Right now, as you’re listening and watching this, it is on a small join fee and a small monthly subscription fee. And we are looking at changing that. And there’ll be more about that shortly.
So if you want to jump in and take advantage of that lower price right now, I suggest that you have a look at the link that I’ll put here.
Blueberry Markets as a Forex Broker.
If you’re out there looking for a good broker, I can highly recommend Blueberry Markets. They’re over in Australia. But pretty much anywhere in the world can open an account with them, with a few exceptions — a few countries. And if you’re in the US, I’m sorry, you cannot open with Blueberry Markets, but pretty much everybody else can.
And you can look through various forex markets, you know, a huge number of pairs on the charts. Plus, of course, now you have the ability to look at non-forex pairs, the cryptos, the commodities, indices, etc. like that.
So it’s opened up a whole new range of markets for us to trade in exactly the same way. And that’s the beauty of it. So have a look at Blueberry Markets and I’ll put a link to them.
Don’t waste this year – act now!
But I really encourage you to strongly have a think about what you’re going to do. You know, we’re already towards the end of January — this month’s disappearing fast.
Do something before it’s too late and train yourself up and see you know exactly how to look after your financial future yourself. We’ve been doing this coming up 17 years this year. Not many others out there can say that.
So if you’d like to come on board with us at the same proven strategy that’s been around all those years over all market conditions, do something about it and jump on board now.
This is Andrew here at The Forex Trading Coach. I’ll see you this time next week. Bye for now.
Episode Title: #619: What It Really Takes to Trade for a Living
Find out more about Blueberry Markets – Click Here
Find out more about my Online Video Forex Course
Book a Call with Andrew or one of his team now
Click Here to Attend my Free Masterclass
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