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Albert Sung is the author of Correlation Economics, monitoring breaking economic news on a day to day basis.
He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at Ashland, a competitor of Dow Chemical. Today, he works as a regulatory compliance consultant at J&J, but his real passion will stay in macro-economics.
His experience in the chemical and pharmaceutical industry allows him to monitor the economy from a process engineering standpoint, analyzing macro-economic charts, correlations and trends.
I am an electrical engineer and have been a minor partner in a local business for the past several years, where I keep the books.
I have followed and studied the stock market for over 30 years, developing a trading style which suits my personality. My style changes with my perception of the market. During the 'crisis' of 2008 I utilized trades that last about a month on average. Starting in late 2008 and early 2009 I have been more of an intermediate term holder of precious metals miners and explorers, which have done very well for me thus far. Since 2010 I have been transitioning into a Dividend Growth style with a great deal of assistance from the Seeking Alpha DGI community.
I keep tabs on the economy and the market by perusing the headlines and some articles of interest on a routine basis. The more I study, the more I begin to see how much more I need to learn. I like to think that I've picked up a thing or two, but there's always more.
Several years ago I 'discovered' Austrian economic thought. It forms the framework for my economic and market analysis. It seems to work for me.
Semi-retired consultant residing in beautiful northeast Georgia. Over 40 years of responsible experience in planning, finances and investment management. Primary focus is on portfolio development for retired (or nearly retired) individuals who do not possess great wealth. The Protected Principal Retirement portfolio seeks medium-high yield vehicles, including dividend stocks, REITs, energy MLP's, and Closed-End funds.
PRIMARY OBJECTIVE: ... Income Replacement!
Escape velocity is the speed that an object needs to be traveling to break free of the planet's gravitational pull and leave it without further propulsion.
This portfolio is looking for the point where the income being generated can allow the holder of this portfolio to escape the gravitational pull of the market and economic forces of worrying about share prices.
The objective is to generate enough income from assets that the only selling of shares will become an option, not a necessity to survive. Therefore, with enough income being generated, it minimizes the fear of meaningful market corrections as dividends are based on the number of shares owned, not the share price.
I apologize to investors who follow my articles, but I no longer expect to submit the newer articles that I had previously mentioned as forthcoming. I don't currently plan to resume any involvement with SA, though that may eventually change, if the site ever implements/enforces deterrents to web stalkers. So, for now, I only publicly share opinions on stocks via Twitter, StockTwits, etc. The rest of what follows is my normal profile, so that I won't have to rewrite it, should I ever continue posting on SA. Best of luck investing. Cheers.
I run a small family office managing long-term equities portfolios and special projects extending beyond the capital markets. I'm fortunate to have worked for a NYSE-traded financial firm for the decade through 2010, but I'm not an adviser, my articles only share my investing actions/opinions, and are not investment advice.
The proof is in the pudding, so following are total equities portfolios returns from the most recent five years: 2012 +32%, 2013 +52%, 2014 +11%, 2015 YTD +9% (all holdings pay dividends/distributions, but those percentages only include capital gains). Portfolio returns are moderating as expected, since most positions were rebuilt/opened 2010-2012 at extreme undervaluation levels, yet only a few new positions have been opened in the last few years at modest undervaluation levels. I also trade around all positions for short-term profits, but I don't include trade gains in portfolio returns, and my articles are only about long-term investing.
My investing career started in the 1980s, and transitioned to full-time by 2010. I only list returns from 2012 because that's when I became most active on SA, and calls can be verified here. For 2008-2011, my focus was shorter-term trades, which made annual returns harder to tally, so without wasting time backtracking, I can only say that returns were satisfactory. For most years prior, I was a blue-chip-only, buy-and-hold guy, which also worked well, so I still own most of those holdings separate from our actively-managed portfolios.