Terry Thomas

It is not Too Soon to Think of Retiring. How much Money do you Need? What will You Do with Your Freedom? How can the Forex Help?

Attended

Type:Educational Workshop

When:Tuesday, November 3, 2009 1:00 PM to 2:30 PM

Where:Mosaic Den, Seattle

Event Fee:Free

Pro Members:Free

ProVIP Members:Free

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This event was reviewed by Biznik's editorial staff. We think it’s going to be cool. It's about business and follows our 95/5 Principle. You can expect all attendees to be members of Biznik. Sweet.

Event description

It is not too soon to think ahead to a day when we could be financially free and how we can get there sensibly and without sacrifice?

How much money will it take? Why not set our sites to the day we can be totally free?

The purpose of this event is to give Biznik members the opportunity to see how a group from Redmond is using a software system they created to interface with the Forex Market which is making a 3% monthly gain on their investment.

The Forex (Foreign Currency Exchange), largest market in the world, will be made clear and easy to understand. The pros and cons of the market will be discussed.

Why the outlook for being able to retire with a 401(k) or IRA investment is not good?

The Rule of 72 will be demonstrated and will show why money sitting in banks or Stock Market related funds (Mutual Funds and qualified Accounts) are not producing a quality retirement possibility. How to create a self-directed IRA for potentially better results.

How much money it will take to retirement and why. Why most people lose using the Forex but how this can potentially be overcome.

By the end of this event attendees should be able to explain to themselves and remember the banking rule of 72 and why it is important, why most investments are not going to provide a quality retirement, what the Forex is, how it works, and what some local people have been doing to create their own potential retirement.

Feedback and Discussion is important for this event.

Your Host

Terry Thomas

Writer Spiritual/Motivational

Redmond, Washington

0 Bizniks attended this event

Discuss this event

Posted by Dave Maxum, Seattle, Washington | Oct 26, 2009

I was looking forward to attending this, but i will be out of town that week. I'm interested in the Forex and i get the rule of 72. This should be a very interesting class.
Posted by Terry Thomas, Redmond, Washington | Oct 26, 2009

Hey, thanks, Dave. Maybe another time. I'm looking forward to it, too.
Posted by Aaron Janus, Seattle, Washington | Oct 28, 2009

Hi Terry! Will we be able to retire after this class? :-) Looking forward to it!
Posted by Terry Thomas, Redmond, Washington | Oct 29, 2009

Aaron, thanks for posting. Will you be able to retire after this class? Of course. But when? New question. Great, I love the spirit and humor. What we are talking about is not putting money aside each month -- that will never get us where we need to be.
Posted by Terry Thomas, Redmond, Washington | Nov 02, 2009

When you come, please bring a calculator. We will look at how much you need to move into financial independence. Only 2/100 people today even at the ripe age of 65 can do that. This need not be any one of us. We'll get the rule of 72 down carefully.
Posted by Kate Phillips, Seattle, Washington | Nov 02, 2009

Hi Terry,

I'm sorry I won't be making it, becuase I know you've got great information to share!

I learned about the Foreign Exchange about 4 or 5 years ago and was amazed at what I learned. It's an "out of the box" strategy that is really worth looking at, when done right.

Have a great class!
Posted by Terry Thomas, Redmond, Washington | Nov 02, 2009

Thank you Kate. You are an important view with unique insights into money strategies, and I thank you for sharing your insight. Our class is not about how to trade, but how to utilize a little known strategy that is creating 2%-3% consistently and safely--and calculatine what it will take to be totally financially free--and when we can expect it.