Milton Keynes, England -- (SBWire) -- 11/06/2010 -- For many, investing in the stock market during 2008 was a year to forget and you hardly need reminding about what a mess the financial global economy is in. Shares continue to drop, sterling is falling, house prices are falling the only things going up are those that you would rather not, such as unemployment and heating costs.
So based on this backdrop how can one man be up well over 300% in the less than a year on his investments and more importantly how did he do it and how can learn same?
Vince Stanzione is a self –made millionaire, in fact he’s been his own boss since the age of 16! In this interview he talks about how he made a career and subsequent fortune from spread-betting, the development of his own, easy to operate financial trading system, and strategies on how you too can make millions of pounds working from home.
Vince Stanzione is 38 years old with millions in the bank, houses all over the world (although he spends most of his time in Mallorca), and the dream job…working in the comfort of his own home. And we’re not talking, slaving away for hours, a few minutes each day monitoring and analyzing the worlds indices is enough to keep his profits ticking over.
So how did Vince Stanzione profit? Whilst many are conditioned into buying shares and wanting things to go up, Vince works on making money regardless of prices moving up, down or even staying in a range. His profits in 2008 mainly came from buying Inverse Exchange Traded Funds, Short selling and buying put options, all perfectly legal and for those in the know easily accessible online. You don’t need to be a multi millionaire to use these techniques; Vince shows how a modest £3,000 account can be used to access the same financial tools.
“When people find out that I am a professional trader/investor the next question tends to be, ‘what’s a good share to buy?’ nobody ever says ‘what’s a good share to SELL short’”
Millionaire Traders sell short. They make money in down markets. The best traders make money going up and going down. Selling short seems to always get bad press. To make money in a down market is supposedly unethical to many. Nonsense, the market rules say you can go long and go short. Why would you not want to use all the tools at your disposal?
Of course not all his money was made from trades going down; Vince invested heavily in Consumer Staples shares such as McDonalds, Walmart and Anheuser Bush better known for its Budweiser beer which was recently taken over by Inbev making him a profit of over £150,000. In 2009 he is looking for shares in McDonalds to hit all time highs as consumers trade down, he is also making investments in companies that produce products for home label brands. He remains negative on many retailers including Marks & Spencer which expects to announce a string of profit warnings in 2009. “M&S is a good times company that struggles to adapt in a weaker economy” he is looking for shares to make new lows in the first half of the year.
Whilst negative on most industral commodities for 2009 he does still like Gold and believes owning Gold is a must have in anyone’s portfolio.
Sharing Vince Stanzione’s Spread Betting Secrets. Whilst the Internet is full of information on trading, most of it is out of date or simply does not work in the real world, this prompeted Vince to launch his workbook teaching people how to make money from spreadbetting. Vince’s workbooks have already helped hundreds of people to trade successfully and the testimonials speak for themselves.
The workbook which consits of a 200 page folder with step by step instructions on how to start trading, also comes with 2 FREE DVD’s and a CD-ROM to assist you and provide you with an insight into his live trading account and commentary on the markets. To find out more about his workbook you can log on to http://www.fintrader.net
Vince Stanzione is a self made multi-millionaire based in Europe. Started at a junior at the age of 16 for Nat West Foreign Exchange in London he worked his way up in before leaving to start up his company. He has been involved in various companies including mobile communications, premium rate telephony, Interactive gaming, publishing and television and financial trading. He now lives most of the year between Spain and Monaco and trades his own funds mainly in currencies and commodities. As well as trading he also teaches a small number of students and produced the best selling course on Financial Spread Betting. He is also the author of “How to Stop Existing & Start Living” To fine out more go to http://www.fintrader.net
Making a Killing in the Bear Market - How Vince Stanzione Made 317% Return in 2008