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hobart16

hobart16
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ABOUT
I decided to take control of my investments when I learned about the sub prime markets and other bond market anomalies in 2006. I am an amateur but I became convinced we were headed for a huge crash, decided to exit the equities market, and the Dow promptly went up to 14000 from 12000 when I got out. But I had conviction and I was proved right. My financial advisors and all the professionals I knew were completely useless. They are trapped by their business model, which basically requires them to get your money and leave it in a "diversified portfolio" and then move on to the next sale. When the market goes down they basically say "yea but everyone did poorly". I realized they were not helpful, had no ...More
SNAPSHOT
  • Description: Occasional Investor. Trading frequency: Weekly
  • Interests: Dividend stock ideas & income, Energy stocks, Options, Stocks - long, Tech stocks
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