Rick Konrad has been an equity portfolio manager for over 35 years. At present, he provides strategic management consulting to both institutional buy and sell side firms. His greatest joy outside of his family is education, in particular, training young people to become better research analysts, portfolio managers, and financial planners.
MBA finance and accounting Cornell B school, LBO lender for JPMorgan, then a private investment banking firm, now a private businessman in manufacturing in the USA!, bought 5 or 6 companies - put them together - love the stock market, maybe 400 trades a year...
I have been in business for the last twenty years, and have an import and distribution company. We mainly deal in womens accessories, that we design, manufacture and distribute to big box retailers like Walmart, Sams club, BJ's wholsale, Costco, JC Penny, Sears, Kmart etc. Thinking about selling and retiring in the nex few years, and looking at different strategies to generate income during retirement.
Retired entrepreneur who now manages his stock portfolio full time. Mainly a dividend investor, particularly international stocks without withholding taxes as my tax position does not allow me to reclaim any withholding taxes.
I am ALWAYS looking for interesting stock ideas involving dividend paying stocks that pay dividends with zero or very low withholding taxes and willing to share ideas with other investors.
I also like high risk situations as I am well diversified and have a long time horizon
40 years in business and consulting. Broad array of experience in manufacturing, energy, environmental. I've worked on power plants, pipelines, railroads, drill rigs, and more. Spent more time permitting facilities and working on environmental impact studies than I care to remember. Started life as a young idealistic liberal. Evolved to a practical business person with a jaundiced eye of the role of government in our lives.
I own three accounts
.Coverdale for my child's education. Only trade growth/with divs for this account. NO momentum tradin, which I reserve for my ----
MOM account --- short term, i.e. no more than a year to complete a trade (one buy and one sell) using technical charts, calculated and enforced entries and exits, and profitable -- but not take over my precious sleep profitable. Usually I wait for a good stock to get pounded unjustly, and then I buy, scaling out until I reach my targee. Swing trading ok. Day Trading. Profit-taking strategies.
My other account is IRA and it is much like the Coverdale type trading but with more permission to MOM trade.
My most costly mistakes are caused by a change of strategy when I suffer a loss. This has caused me to make a few rules for myself. One is never try to turn a MOM trade into long. It always loses more than just selling at a loss rather than hanging on for a rebound. Must have been faulty evaluation of the data available. Sometimes it's new data, sometimes it's overlooked old data.
Now want to do an option. I've never even done a covered-call. Would like to use my stocks to gain premiums. I think if I'm going to reach my finanical goals before I die, I must have two things in addition to luck, i.e. successful MOM trades. One is DIVS the other is PREMIUMS, Gotta figure this out.