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.