Thursday, 29 of July of 2010

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Financial Education a Pilots Perspective

The Wrong Kind of Financial Education

Now you may be thinking to yourself what is a pilot doing writing about share market strategies and you wouldn’t be wrong in doing so.  In fact many pilots have an atrocious record for successful investing in the share market.  In my many years in the cockpit suffering through untold long haul flights the conversation always seems to come around to money.  I have met guys who have at some point in their career have gone as far as taking up day trading, there were those who simply bought

Share Market Strategies

Share Market Strategies

shares and prayed they would go up in value, and most others in between.  There were also plenty of poor ones happy to give me their latest share tips.  Now don’t get me wrong I am not picking on pilots here, I am sure other groups will have similar records as well but in all my years I have met only one pilot who hasn’t given it up and consistently makes positive returns on his money every month.

The Right Kind of Financial Education

Actually now that’s two people if I include myself, I belonged to the group that thought the only share market strategy was to buy shares and pray they would go up in value.  I have always wanted to achieve financial freedom, spending weeks at a time away from home put untold stress on my relationship with my family.  I needed to form an income stream that would give me the lifestyle I dreamed of.  It seems ridiculous to me now that to become a pilot I studied and trained for years and to stay proficient that training and study never stops, yet I thought I could step into the share market and make a killing with just a little knowledge on the subject.  With anything we try to achieve in life education is the key.  Possessing the knowledge to make informed financial decisions is paramount in being successful in the share market.  I have been fortunate that I was shown the right direction and I would like to share with you where I received that education.

Planet Wealth

Planet Wealth is an independent investment company who’s owners are actual long time investors.  They offer many services however they are foremost an education service, Planet Wealth offer five different Share Market Strategies and have written e books on all, describing in detail about each strategy, it’s implementation and how to manage risk.  They cater from the novice investor to the professional trader with numerous services available depending on your experience and level of risk.  If you are at all interested in making money with the share market I recommend you go to Planet Wealth e books and discover this information for yourself.  In future posts I will discuss the different strategies offered as well as the different services they provide.

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