I taught my self investing after I got tired of losing money in the hands of so called "professionals" over the years. I figured it's better if I lose my own money - at least I can blame no one else for my mistakes.
I immigrated to Canada from India in the 80's with $10 in my pocket and have not done badly. I am grateful to Canada for giving me the opportunity to succeed and build a good life. I lived in the US for a couple of years but returned to Canada. The similarities and differences between the two countries fascinate me, I have a Bachelor's degree in Pharmacy (I am a Ontario licensed Pharmacist), and was "retired" recently from the R&D department of a major Pharma company. I also have an MBA from the University of Saskatchewan.
Over the last 15 years, through a combination of interest, hardwork and luck, I have accumulated a portfolio which has made me financially independent (at least on paper), while making all the rookie mistakes and enduring two big bear markets fully invested (the last one with leverage) and holding a full time professional job and raising a family. The 2007-09 bear market has taught me that technical's are important and its important to raise cash at the right time. I follow the economic indicators carefully with the hope of avoiding (at least partially) a bear market. I continue to learn from experience and the read economic and financial commentary voraciously. I like to think I am playing the long game which takes guts, skill and patience.
My investing style is value - with a GARP orientation. My experience is that a few home runs make up for a many strike-outs, though now I focus more on stealing singles. I realize that Investing is a "losers game", to win you need to minimize your losses but at the same time, if there is no risk, there is no gain. I like to be highly diversified and routinely follow over a 100 positions. I invest, not trade, waiting patiently for a fat pitch.
Thanks for stopping by and good luck investing.
Light trader interested in dividend growth stocks. I own every S&P dividend aristocrat, and then some. The aristocrats form the foundation. I have ownership of more companies that I have placed on that foundation. I have several general rules about stocks. Rule #1: Do not buy a stock to sell it. Rule 2: Do not sell a stock you bought. Rule 3: If I am unsure if I should sell a stock, see Rules 1 & 2. Rule 4: If I really am going to sell a stock (fundamentals change, dividend frozen or cut, etc.,), then just sell it and do not look back. Rule 5: no foreign tax withholding (I do not want the money back later, I want it re-investing now, There are plenty of US and British dividend companies) and Rule 6: drip. drip. drip.
I'm a trader but I trade using a method called VSA or volume spread analysis.VSA aims to follow the movement of professional players in the markets. I follow volume,spread of the bar and the closing price to determine the price action. i could careless about news or fundamental analysis because both follow the price action.You can follow my youtube page: nyse82 for more details
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All the Best!
Studied international affairs at the George Washington University with a focus in economics.
Experience as a senior manager for a large retail chain. Managed multiple locations with sales in the low seven digits.
On Twitter @PoliticsOfMoney
Rocco Pendola is an associate editor at Seeking Alpha focusing on technology and the sectors it overlaps with.
In addition to technology, I am interested in dividend growth and income investing.
I make references to music I'm obsessed with (e.g., Old 97s, Elliott Smith, Bruce Springsteen) in my writing. If you notice any of these references, it makes me happy.
I am a Financial Analyst and maintain my own Site http://www.everythingaboutinvestment.com where i put the articles regarding investment so that it can help each and everyone around the globe to get an detail insight into Investing and Investment.