It's been quite a journey the past four years as I've learned about stocks, technical analysis, swing trading, dividend growth investing, and now options. For 17 years, I home educated our children and tutored, while my husband supported the family. Once I worked myself out of that job, I had to decide what I should be when I grow up. Without a useful degree, my income is minimal, but I really enjoy my part-time jobs. I have used my jobs as a learning tool more than an income tool and they have been very profitable. I focus the rest of my time making my husband's income the most useful it can be, and managing our home. I enjoy playing with bookkeeping, finance, investments, taxes, and strive to be the best steward of all the resources (time, energy, health, family, money, stuff) we have. The only purpose of my investing was to be able to afford to retire at a normal, reasonable age and hopefully to live off the dividends from those investments without needing to spend down the principal. As health concerns are forcing us to consider earlier retirement, the portfolio income may be needed at anytime. This does not worry me, it just changes the trajectory of the portfolio. I am very thankful for the gentle start into investing and am excited by what might happen in the future. I’m so glad this website was recommended to me and I genuinely appreciate the contributors and their comments here and the growth that has happened through participation on the forum. In case you're wondering about 'inzkeeper', I formerly managed an inn and the email moniker has stuck with me over the years.
I am an investor for 20 years, in the school of hard knocks. Always learning from the market.
In order to invest successfully you must find the long term trend of the market. Then you need to find which are the strongest sectors, or industries in that trend. I use technical analysis to find the long term trend. Basically long term moving averages, and dead and golden crosses to find reversals. Once trend is found, using same technique to find strong stocks in strong sectors. I further use candle sticks to find entry and exit points for trades. I use fundamental analysis and information to study macro view.
Since I have no formal training in business or economics I feel inadequate to do fundamental analysis of individual stocks.
I am a student of the markets, and a voracious reader, to keep up to date. Reading books and articles on the internet.
The following books helped to firm up my education
1) The Great Wave by David Fischer
2) The Origins of Wealth by Eric Beinhocker
Profiting from Bull and Bear Markets by Stan Weinstein
The Fourth Turning by Stauss and Howe
People of influence