Episode 245: The Retirement Lie — Part 3

by producer on April 14, 2014

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Welcome to Episode 245 of The Traders Podcast. Your host Rob Booker is on a short vacation from his podcasting post, so we’ve been lucky to have The Coach Scott Welsh fill in as our guest host. This episode is Part 3 of 4 about The Retirement Lie. In this show, Scott answers a listener question from FX Cave (aka Cavex). Next Scott talks about how retirement equals freedom, and this is why we live — to be free! He also discusses the value of using probabilities to inform your trading. And Scott talks about The Little Book That Beats the Market by Joel Greenblatt, and his “Magic Formula.” Don’t miss it!

Links for this episode:

Scott recommends: The Little Book That Beats the Market by Joel Greenblatt

Scott’s Blog

E-mail Scott: ScotWelsh ( AT ) gmail ( DOT ) com

Scott on Twitter: @SWelsh66

Call and leave us a voice mail: (801) 382-8789

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

TFL365.com

E-mail us! Producer@TradersPodcast.com

Trader Interviews.com

{ 1 comment… read it below or add one }

Neal Perrett April 16, 2014 at 7:07 am

Hey guys I’m only new to the Traders Podcast but absolutely love it.
The thing I find the most refreshing about the podcast is you both seem to be really enjoying what you are doing and you make it simple to follow, I’ve spent a fair bit of money and time on a Forex course, the last 2 years, which you had on average about 4 indicators and had to check on 4 timeframes before you could even thing about putting a trade on, i’ve learnt more listening to your last 40 pad casts than the last 2 years.
I’m 46 and your retirement episodes are very interesting to me, I’d like to retire now like everyone but realistically by 55.
Two questions.
I have a lot of equity in my home doing nothing, is it something theoretically speaking I should possibly be looking at using for my trading?
I’m from Australia and any profit made from trading is counted as income and is then taxed, is that the case in the USA?

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