I'm a young investor with 30+ years until retirement.
My goals are (1) to sleep well at night and (2) to build a dividend-growth machine which generates a predictable stream of long-term passive income.
My strategy is to own shares in best-of-breed global companies, at this point: DIS, SBUX, V, NKE, COST, AAPL, MCD, KO, ED, CL, GIS, T, JNJ, PM, GE, O, KMB, CVX, SO, KHC, HCP, XOM, PG, MO, and PEP.
My objective is to hold for decades, buying additional shares at fair valuations, and to allow the dividends to compound over time.
73 year old investor. I manage my own money and retired at the age of 50. I am well known by fund and hedge fund mangers around the world who communicate with me but I refuse to take on the responsibility of managing other peoples money which I am always offered to do.
I like a peaceful life with minimum people contact. I would not perform the way I do managing other peoples money. I started at the age of 13 when I received my first dividend check in the mail from shares which were given to me as a birthday present. This opened up a new world for me when my late mother called me to inform me there was mail for me and inside the envelope I found a dividend check. I have never looked back.
I occasionally trade long or short when I get bored and sense an opportunity to make fast money but prefer to not have to think about selling a stock. One of the reasons for my success is as Galileo said several hundred years ago "99% of mankind are fillers of privies". Like Jesse Livermore I know how to read the tape which is a lost skill. My net worth just in stocks is more then 8 figures and I started by delivering newspapers.
I read several newspapers including Walls St. Journal before 7:30 am. in welcome solitude in a coffee shop and I watch the market during the day without any noisy distractions such as a television with talking stock market empty heads.
My portfolio never goes over 8 long positions and I presently have 3 short positions. My long positions are large positions.