An avid reader of investment strategies and articles from multiple sources. I've learned investing isn't as complicated as some would like you to think it is. it's important to have a long term strategy of no less that 5, but ideally 10-15 years. A portfolio should be book ended by a diversified/ balanced / low cost portfolio made up of fundamental index funds such as those offered by Vanguard, Fidelity and Schwab. Any exposure away from the core index strategy shouldn't expose more than 20% of the overall portfolio. Occasionally, markets present unusual opportunities, knowledgable investors see them and act accordingly. Read as much as you can and educate yourself. Remember the definition of LUCK.......when preparation meets opportunity. I started my career in the printing industry as a post graduate after high school. Went into the printing business on my own at age 26 in 1971. Operated my company for 28 years and was approached by Consolidated Graphics (CGX) on the NYSE to buy it. At that time we were the 35th largest printing company in NJ out of 3100 companies. They gave me a 5 year contract to assure a smooth transition. It's 15 years later, I was still working for them, and now the company that just purchased CGX in January 2014, RR Donnelley out of Chicago. We are now part of one of the largest print/communication companies in the world. I recently retired in November, 2014. It's been one heck of a run.
DIY Investor using Mutual Funds, ETFs, Corporate Bonds / Bond Ladders, stocks of Dividend Growth companies.
Portfolio - T, MO, AEP, CLX, ED, DUK, GIS, KMB, KO, KHC, LEG, PM, PEP, PG, SO, VZ, JNJ, VWELX, VWINX, VGHCX, VDIGX, SPHD, Individual Corporate Bonds (Laddered). 67% stocks, 33% Cash & Bonds - starting allocation for 2016. Collecting SS. Staying conservative. If you look at this and see anything that could be improved, replaced, swapped... Let me know.
After 42 years in the construction industry as an IBEW inside wireman-electrician
I feel fortunate to have a pension. I value all the insight from the contributors
to this web site! With 300k in IRA's @Vanguard and 30k in joint acct,I hope to
attempt some trading and options also.
seeking alpha and advice