The Oxford Club recently had its annual seminar in New Mexico. Like past seminars, the Oxford Club discussed where certain industries are going, which industries are dying, and which industries are exploding. However, during this seminar, the Oxford Club touched on questions from retirees. The main question was ‘how much money should a retiree invest in stocks?’ The Oxford Club spent several hours answering this one question.
The Oxford Club stated that age has a lot to do with it. According to their statistics, American retirees live approximately 20-40 years after retiring. The Oxford Club believes this is all the more reason the invest heavily in stocks. They showed charts and graphs displaying increases and decreases in the stock market. In a 30 year period, the stock market rose to the top, crashed to the bottom, rose again, and crashed again. This is proof that the stock market will rise between the time someone retires to the time they depart from the earth. The Oxford Club is urging retirees to think about their children and grandchildren. Investing in stocks now will give the next family generation a good start.
The Oxford Club also urged retirees to make sure they have all their monthly expenses taken care of before investing in stocks. Over 90% of retirees are on at least one serious medication, and these medications come with regular doctors visits and sometimes complications. This means retirees need to have a financial emergency fund. Though the Oxford Club supports investments in stocks, especially by retirees, the Oxford Club always thinks logical. Since this seminar, the Oxford Club is putting together a team to help retirees who want to invest in stocks and at the same time not live above their means. This team is expected to be in full operation by the end of the year.
The Oxford Club is an organization that is made up of almost one-million entrepreneurs. These individuals network and help each other succeed in today’s business world. The Oxford Club also offers free weekly training, which comes in the form of articles and videos. This training has to do with succeeding in business, regardless of the industry in question.