I am a value investor to the greatest extent possible. I also favor dividend stocks. I try to be a buy-and-hold investor, but sometimes I can't avoid the tempation to ring the register or to accumulate the inevitable tax loss. The main thing I have learned is that I have lost more money by selling too soon than for any other reason. I reside in Henderson, NV.
I run Heritage Financial Staffing, an on-demand financial analyst practice. I can be engaged on a project-by-project or contract basis for short term assignments such as forecasting, budgeting, financial statement projection, investment research, assistance with deal diligence, and other financial undertakings. My clients range from start-up entrepreneurs putting together business plans to multi-million dollar investment funds.
I have spent the last 6 years of my career in the investment management industry and am very well-versed in financial methods. Previously, I worked as an equity analyst at a diversified investment firm with $1.5 billion of AUM. The firm invested in direct public equities, real estate, and venture capital. The Direct Public Equities Group used a value-oriented, bottoms-up strategy to find mispriced securities.
I was responsible for:
• Conducting research on investment ideas, monitoring positions in portfolio, drafting investment memorandums, and interacting with information sources
• Running investment processes from start to finish: initial investment diligence, thesis construction, first stage analysis, full-scale research, diligence calls with executive management of subject companies, financial modeling & forecasting, follow up diligence, and ongoing monitoring
• I have an Industry focus on the oil and gas sector, particularly E&P (“exploration & production”) and offshore drilling companies. I also have an Industry focus on payment processing and merchant acquiring.
• I have extensive experience constructing complex valuation and operating models including DCF, sum-of-the-parts, EVA, liquidation, IRR, NAV, acquisition multiple, comp benchmarking, and unit economic analyses
I am a semi-retired Systems Engineer and Project Manager of Spaceborne Remote Sensing and Weather Instruments which I have been designing building and testing for 37 years. I have worked as a technician, staff engineer, department manager and project technical director for large aerospace companies and well as as an independent contractor and most recently as an employee of a small contracting/consulting company directly supporting NASA, NOAA and NIST projects. I have a degree in Physics and completed undergraduate coursework in business administration before switching to physics.
I have been self managing my portfolios since late 2008. I have multiple 401Ks, IRAs, a SEP and an after tax brokerage account. These accounts are with Vanguard, Fidelity and Charles Schwab. I rolled a pension with a 5 year payout period (60 equal installments) into an IRA from Dec 2008 - Nov 2013.
The present 2016 total portfolio value is over 2 times my total pension rollover amount. My 401K and IRA investments are a mixture of Foreign, Domestic and Bond mutual funds as well as Foreign and Domestic pure growth and dividend growth stocks in accordance with my portfolio "business" plan.
My annual dividend income is nearly enough to cover all of our living expenses now. While my dividend income is running about 2 years behind my plan of achieving 80% of my 2008 income by the end of 2014 my average total return is within 1% of the S&P 500 over the past 6 years as of Sep 2016.
I hope to retire soon. ETA is now September 1, 2013.
Oops, I didn't make it. My contract got extended. Let's go with January, 2014.
Oops, missed again. Try Fall 2015.
I started trading stocks (and investing?) just since May of 2011, and I love it.
This is what I want to do when I grow up.
I'm panicked now (September, 2013) because I still don't take any of this seriously.
I do things for the stupidest reasons.
As of Summer 2015, I'm into selling options; mostly puts, put spreads, and recently iron condors.