I have also been successfully trading cash secured puts for extra income. I share my experience on my websites, Tradingcsps.com and my blog Tradingputs.com.
Would you do if your were already wealthy? If you could do whatever you wanted for your career, what would you want to do?
This is what I would do. This is my self-actualiziation. There is nothing like analyzing an inefficient sector of the market and calling out the failures.
Just trying to keep a good dividend paying nest egg growing upwards. My 73 stock portfolio is listed here by sector, largest holding by value is listed first.
Consumer Defensive: KO, PM, GIS, PG, MO, TGT, KMB, PEP, DEO, MDLZ,
CLX, CL, KHC, HSY.
Consumer Cyclical: MCD, MAT, GPC, SBUX, HAS, NKE, VFC.
Healthcare: JNJ, OHI, ABBV, HCP, VTR, AMGN, CCP, NHI, GILD, HCN
Energy: XOM, CVX, OXY, COP, NOV
Tech: AAPL, DLR, ADP, IBM
Industrial: EMR, BA, UNP, STAG, MMM, CMI, CAT, GWW, NSC.
Financial: TROW, MA, V, WFC, MET
Reits: WPC, O, LXP
Bdc: MAIN, PNNT, HTGC
Telecom: T, VZ, BCE
Utility: SO, XEL, WEC, D, DNP, MGEE, CNP, LNT, FE, OGE
My interest in investing mostly began in 2005 when I started up an investment club with a few friends from college and has accelerated as I've been reading and learning along the way. Since then, investing and the stock market has become a passion and favorite hobby and I've enjoyed writing about stocks and sharing ideas I have here on Seeking Alpha.
My investing goals are to build a nest egg for retirement and fund college education accounts for my kids. I invest mainly in dividend paying stocks that have shown a history of consistent growth in earnings and dividend payouts.
Mr. Axler is a contributing writer to Seeking Alpha, and was profiled in the book "The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work." Mr. Axler's short research has been profiled by the National Bureau of Economic Research (NBER) in an analysis entitled "How Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation," and shown to produce superior investment returns. In addition, according to ActivistShorts.com, Mr. Axler is one of the top 5 best performing short-sellers on Wall Street.
Mr. Axler graduated from Yale University with a masters degree in Statistics, and received both a Bachelor of Arts degree in Statistics and a Bachelor of Science in Marketing and Business Administration from Rutgers College, where he graduated with Summa Cum Laude and Phi Beta Kappa honors.
I originally graduated university with a degree in both finance and computer science before deciding to work full-time in computer science. However, I took my savings and invested them in a dividend growth portfolio to the point where I am now retired and living off of the dividends.
Additionally, here is a quick bio:
Eli has held the title of Vice President and Portfolio Manager at EDMP Inc. - a money management firm - along with Vice President for F.A.S.T. Graphs - a financial software company.
Prior to that, he began his investment career as an analyst in private real estate for a public pension fund. During his time in real estate he was the lead for a variety of accounts with net asset values totaling nearly two billion dollars. Eli received a Master’s in Finance from the University of Tampa where he earned “highest honors” whilst receiving the distinction of being named the “most outstanding graduate student.” He also holds undergraduate degrees in both Economics and Business Administration from Otterbein University, graduating “magna cum laude” with distinct honors in each major. During his tenure at Otterbein, Eli was a member of the varsity golf team, held the departmental Senator position for Business, Economics and Accounting and studied abroad in the Netherlands.
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I am a buy and hold common stock investor. Warren Buffett is definitely my guru. He makes the most sense to me. I began investing in the stock market at age 14 in 1970 with money earned on my paper route. What I have done since 1970 is invest primarily in the Dividend Aristocrats whenever the stock market is relatively low. I have never sold a single share of stock except on the rare occasion when one of my stocks was bought out for cash and I was forced to sell..
I keep all of my stock certificates or direct registration statements in a safe deposit box at the bank. I do not automatically reinvest dividends. I only purchase stocks when I feel that the stock market is relatively low. Brown University, B. A., 1978.
Below are the 36 stocks in my portfolio.
Ken's flagship Self-Made Millionaire Tracking Portfolio had delivered a 18.57% annualized rate of return on capital as of May 16, 2015 against its benchmark objective of 15% annualized.
Self-Made Millionaire was closed to the public in December of 2015 to allow Ken to focus on private analysis work. He is now engaged in independent analysis of private and public companies for individual clients.
Mr. Gross holds an undergraduate degree from Duke University and an MBA from the Anderson School of Management at the University of California, Los Angeles. He has 44 years of financial industry experience.
David is CEO of New Constructs (www.newconstructs.com), an independent research firm that leverages proprietary technology to find key insights from the Financial Footnotes of 10Ks and 10Qs. Having analyzed over 70,000 annual reports and their Financial Footnotes, New Constructs helps protect clients from the red flags/unknowns in SEC filings.
David is a distinguished investment strategist and corporate finance expert. He is a member of FASB's Investors Advisory Committee, and he is author of the Chapter “Modern Tools for Valuation” in The Valuation Handbook (Wiley Finance 2010).
David's insights into the markets and his stock picks have been popular with a wide variety of media outlets.
Outside of my interest in investing and stock analysis (which I currently do in my free time,) I am an IT project manager for a large multi-national firm. With my background in technology I have particular interest and stronger circle of competence in tech stocks, although I venture from this domain to certain other industries as well where I feel the businesses are simple and understandable or where I have particular first hand knowledge.
I consider myself a value investing enthusiast, following a bottom up fundamental analysis style approach. My value investing approach is quite simple - I look to "figure out the value of something, and pay a lot less".
I do not consider Growth and Value stocks as mutually exclusive, and in fact my favorite investments are:
small cap companies with good long term growth prospects,
strong business fundamentals
low financial leverage,
trading at an attractive valuation, and with some sort of short term difficulties that have caused the market perception to be negative in the short term.
To value companies I use a variety of techniques, sometimes heavily favoring traditional value metrics like P/B, and also I like good business (ROIC, ROE) trading at attractive multiples against EBITDA. I do discounted cash flow analysis where appropriate, and in some cases favor heavily on comparative valuation.
We have been investing for 40 years and lean towards a conservative approach with dividend paying blue chips, as well as a small amount of short term risk plays.
We hedge with option strategies, and watch trends.
We have always handled our own portfolio, and firmly believe that anyone can learn to navigate the market and its risks and rewards by doing ongoing research, watching the world around us, and keeping an eye on trends and politics. Our goal here is to simplify the world of investing by making it a bit more personal, entertaining, and down to earth.
We are NOT looking for "clients" since we are not professional advisers, we do not recommend anything, or are we stock brokers. The various portfolios are built here as MODEL portfolios (Not Actual Ones) and are every bit as accurate as our personal portfolios.....but mistakes will happen since I do all of this by hand, they are meant to illustrate and educate!!!!!!
We simply want folks to read our articles, give us feedback, follow us, and let us know how we are doing. (For some "skeptics" we HAD an email service to which we have since discontinued (personal health issues), for now and the foreseeable future)
Confrontational comments will be reported to Seeking Alpha management.
Within our MODEL educational portfolios, errors might be made in dollars and/or shares unintentionally. The important part is the message of how our portfolio management could work. We do not sell funds or advice of any kind, just what WE would do within each portfolio or a stock. It is the individuals responsibility to do what they feel is right for their particular needs, not to copy us or blindly do what we do.
While these portfolios are "models" it in no way diminishes the illustrative or educational value they may offer to a variety of regular folks, and while some people like to see "skin in the game" I can assure you that it makes no difference whether one has skin in the game (with a possible agenda) or not, at least from what I do.
Finally, this is the internet and I myself would prefer someone who tells it like it is upfront and not embellish anything just by "saying" YES, THIS IS MY REAL PORTFOLIO......it begs the question from me at least, why would anyone share such personal information , if its true, anyway?
I will continue to build MODEL portfolios for all sorts of various strategies and approaches to be used to illustrate, not for ANYONE to blindly copy....investing is a personal decision and one should not simply take action when someone else does....that being said, the wealth of knowledge from folks who generously share their experiences and ideas here on Seeking Alpha is unequaled anywhere else that I have come across.
Remember to know yourself, your risk tolerance and make sure you do your own due diligence PRIOR to investing one dime!!
Yaniv has an MBA from INSEAD Singapore and a B.Sc. cum laude from the Technion in Israel. Yaniv has 7 years of value investing experience. Yaniv writes about investing ideas in stocks that are substantially under valued.