I have been interested in investing since probably 2000.. but I am not very bright, and pretty lazy. I almost wanted to buy Enron back then when it had its big moment.. I still don't know if it could have been profitable and don't understand really anything about stocks. But I thought I could buy $100 worth at .01 and make money from what I remember. My uncle is a long time investor and trader, and perhaps I developed my interest from him as a role model. He advised me against blowing my money in the ill-fated ENRON.
Flash forward to 2005.. this is when I first began investing myself. I had packed away 10k by 2008.. mostly by living off my credit cards and investing my pay checks. I had this dumb idea, that as long as my equity was equal to my debt.. that I was in good shape.. Then came the collapse. Anyone present remembers it was gradual at first, then it was very dramatic. My wise uncle advised me well ahead of October to get out, stating clearly that something big was gonna happen in October and it wasn't gonna be pretty. From that moment he advised me to October my account dwindled from 10k to 7500... I wasn't moved by this reversal in fortune and I held on foolishly, now also dabbling in Margin Trading, I was already losing my shirt with that. Trying to Margin Trade "blue chips" such as Boeing (BA) (I don't know if it is considered a "Blue Chip" but compared to my small an mid cap regulars it was to me) losing hundreds a pop because I failed to look before leaping.
2008-09 I would watch my account get decimated down to 4k. I watched helplessly with a Buy/Hold mentality.. Then I abandoned that mentality and sold out at the bottom. I would reap zero benefits from the recovery and missed epic opportunities such as Ford (F) at 1.00, and General Electric (GE) at 5.00.
Nowadays I believe in a more Preservation of Capital mentality.. but I still like to speculate. Human Genome Sciences (HGSI) was one of my proudest moments investing when I once owned 1000sh at prices fractions of a dollar during the depths of the recession. I never got to realize the full potential of this excellent pick, but I did manage to recover almost a grand of my lost "fortune". So that one pick has inspired me to seek out similar speculative stocks in emerging technologies. Pharmaceuticals are my favorite, and I like Stemcell tech.
For preservation of Capital, I also like undervalued well-established stocks. I also prefer Material Stocks and Precious Metals, as well as stock in companies that move these materials around the world. Dry Bulk is another sector I like.
I am an experienced individual investor who has been trading merger arbitrage stocks and options since the 90's. I am a writer with a Master of Science from Northwestern University and I truly enjoy writing articles about the stock market. I try to look for opportunities where the odds are in my favor and there is a definite edge. On Seeking Alpha my articles will aim to provide insight and favorable risk/reward for the readers.However, I am not an investment advisor so any recomendations or ideas I write about in my articles, blogs, or comments shouldn't be taken as investment advice. I recommend using my writings as a starting point to which you should add your own research or that of an investment advisor.
"Any time you make a bet with the best of it, where the odds are in your favor, you have earned something on that bet, whether you actually win or lose the bet. By the same token, when you make a bet with the worst of it, where the odds are not in your favor, you have lost something, whether you actually win or lose the bet."
-David Sklansky, "The Theory of Poker"
Retired (70+ and not counting) mathematician and computer scientist who is now in the distribution phase. I began investing real money in late 2014 building my portfolio as the market allowed.. Thanks to all my teachers out there in SA Land. Comments on the portfolio are appreciated. My Income Portfolio (Mar 2016) is shown below.
My goal is a portfolio Yield of =>3,5% with a Total Return of =>6%. Today the YoC=4.6%, Total Return=8.2%.
BCE BCE Inc. Communication
FTR Frontier Communications Communication
T AT&T Inc. Communication
VZ Verizon Communications Communication
MCD McDonald's Corp. Consumer Cyclical
TIME Time Inc. Consumer Cyclical
TUP Tupperware Brands Corp. Consumer Cyclical
AMNF Armanino Foods of Distinction Inc. Consumer Defense
KO Coca-Cola Company Consumer Defense
MO Altria Group Inc. Consumer Defense
PG Procter & Gamble Co. Consumer Defense
PM Philip Morris International Consumer Defense
TGT Target Corp. Consumer Defense
UL Unilever Consumer Defense
COP ConocoPhillips Energy
CVX Chevron Corp. Energy
ESV Ensco Energy
HP Helmerich & Payne Inc. Energy
KMI Kinder Morgan Inc. Energy
LNCO LINN Company Energy
XOM ExxonMobil Corp. Energy
XEL Xel Energy Energy
BNS Bank of Nova Scotia Financial Services
FSC First Street Capital Financial Services
HTGC Hercules Technology Growth Cap Financial Services
MA MasterCard Financial Services
MAIN Main Street Capital Corp. Financial Services
PSEC Prospect Capital Financial Services
TCAP Triangle Capital Corp. Financial Services
TMP Tompkins Financial Corp. Financial Services
JNJ Johnson & Johnson Health Care
PFE Pfizer Inc. Health Care
GILD Gilead Sciences Health Care
EMR Emerson Electric Industrials
GE General Electric Co. Industrials
UPS United Parcel Service Industrials
CMI Cummins Industrials
BBL BHP Billiton plc Materials
AWSHX America Funds Mutual Fund
DNP DNP Select Income Fund Mutual Fund
SCHD US Dividend Equities Mutual Fund
ETO Eaton Vance Mutual Fund
WPC W.P. Carey Inc. REIT's
CCP Care Capital Properties REIT's
DLR Digital Reality Trust REIT's
HCP HCP Inc. REIT's
NLY Annaly Capitam Management REIT's
O Realty Income Corp. REIT's
OHI Omega Healthcare Investors REIT's
STAG Utility-Electric REIT's
UTX United Technologies Industrials
VTR Ventas Inc. REIT's
STWD Starwood Properties Trust REIT's
LTC LTC Properties REIT's
RDS/B Royal Dutch Shell Energy
AAPL Apple Technology
IBM IBM Technology
MSFT Microsoft Corp. Technology
CNP CenterPoint Energy Utilities
ED Consolidated Edison Utilities
SCG SCANA Corp. Utilities
SO Southern Company Utilities
WEC WEC Energy Group Utilities
Retired from the U.S. Army on April 1, 2015 after 31+ years of active duty service. Currently enjoying the freedom of a completely open daily schedule, for a change.
I'm in my 4th year of "stock" investments. Seeking Alpha provided me the incentive and motivation to start investing in the stock market. It was a great decision. Seeking Alpha is required reading for me, both for investment ideas and knowledge as well as entertainment.
My Top 3 SA authors are: Chris DeMuth Jr., Bret Jensen, and Regarded Solutions,
My favorite pure commentor/contributor is: "Richjoy403". Check his profile page out for a real ride.
My portfolio consists mostly of long-term DGI equities with a small percentage of speculative stocks. I am working on my wish list of stocks I want to own once they reach my target entry point. All my ideas are rooted on the contributions of SA authors and contributors. To them I say thank you very much!
We are a tax consulting and company formation firm located offshore in the sunny, tax free Bahamas since 1990. I've formed over 1,030 Bahamian IBCs and 360 Anguilla IBCs since 1990.
◾Anguilla is a UK overseas territory with same tax status as Cayman Islands.
◾All the money and technology to create their offshore registration services came out of London.
◾Anguilla was one of the very first tax havens that adopted an online registry service.
◾QEII is the head of State.
◾Got questions? email email@example.com
The Caribbean tax havens have grown to rival New York and London as a place to hold family assets, and the US FET is one reason why there are so many offshore companies there.
480,000 IBCs in BVI;
100,000 “exempt companies” in Cayman;
45,000 IBCs in the Bahamas;
30,000 cos in Bermuda
25,000 IBCs in Anguilla
None of the Caribbean (tax) havens levy an estate tax.
Nobody is much interested in tax avoidance any more, so I'm posting Tom's Fishing Gallary pictures instead http://bahamasbahamas.com/images/gallery.html
Personal info here https://www.linkedin.com/profile/preview?locale=en_US&trk=prof-0-sb-preview-primary-button
and PFIC / FATCA info for planners https://www.linkedin.com/pulse/new-irs-form-8938-created-fatca-2010-can-filing-avoided-tax-havens?trk=prof-post
JPMorgan/Chase writes on U.S. Estate taxation: "Because stock of a foreign corporation (in a no tax haven) is not subject to U.S. estate tax, holding U.S. situs assets through a foreign corporation constitutes a planning opportunity." http://www.jpmfinancialservices.com/images/PDFs/EstateTaxation.pdf
Retired from 35 years in manufacturing in 2013. Investment style shifts between buy and hold,
call writing, pair arbitrage, put writing, depending on the stage of the business cycle. I believe in listening to one's instincts (but not necessarily acting on them) as they are probably widely shared by the market. I particularly value a sense of dread as things begin to look too good to be true.