I am retired, I live along the Columbia River in the area called "The Gorge". I bought my first mutual fund when I was 24 (1962). I mainly trade options now but have a few dividend stocks that I dont write calls on.
carefully investing but more often investigating; have had 6 decades of remembered losses in both public markets and private placements. Still a board member of a nonprofit and still holding shares in companies seeded long ago but not yet having reached their investor exits. Trying to be thoughtful about investments and enjoying the experience. Becoming less current all the time, likely finding me to be a doddering old fuddy duddy for anyone reading what I post here.
Close to retirement age but plan to keep working for some time to come. Have invested in stock market sporadically, mostly confused and scared. It hasn't worked very well. Have a lot to learn, learn a lot from many SA folks and enjoy the sharing here.
Historically about 60% invested (minority is stocks along with a lot of "other") with 40% cash. Aiming at this stage to put more of the cash to work, and since I'm underweight in stocks/bonds, am focused there, especially but not only DGI.
Expect that I can avoid taking much if any income out for 15-20 years (except tax and the RMD), unless something unexpected happens--not a long compounding period but better than not at all.
WHO AM I? Old (55+). BS & MBA in finance. 17 years in financial services industry. Owned/operated small business for 8 years. Professional investor for past 13 years. INVESTMENT METHODOLOGY The best description would be swing trader/investor over multiple time frames. My objective is to outperform the market on a risk adjusted basis. I treat my investing as a business by measuring my performance continually and setting up systems that force me to reexamine my decisions and manage portfolio risk. I actively invest about 40% of my net worth and continually move profits from an active to passive (indexed) platform. I believe a indexed/diversified portfolio approach is best for most (certainly my wife) but also believe that trading/investing is a skill that some can capitalize on. I currently own long term stocks like JNJ/PEP/NSRGY that I would be happy to hold forever, however, I will sell if they reach an extreme overvalued level. Most of my active trading involves opportunities that will occur over a period of 1 week to 6 months. SOME OBSERVATIONS ABOUT MARKETS AND INVESTING The best description of markets I've ever heard is that "Markets Are Social Systems" (Ray Dalio, Bridgewater). Prior to that I'd heard markets described as "A Game" from people as diverse as Joseph Granville and Bill Drunkenmiller. The description of markets as "A Game" never really sat right for me.... it was missing something. The "Social System" description is perfect for me because it reminds me that not everyone thinks or is looking at the market like I am. I believe that investing is like most professions. Some will be better than average, some worse than average, and the vast majority average. Those above average will educate themselves, spend more time on their profession, treat investing seriously and have a love for the "game". For me... the most important characteristic for success is self reflection... the ability to question yourself and your decisions. If you can't take a loss, you will never outperform. In most professions it pays to specialize, same with respect to investing. Concentrate on what you do best, gain an edge. If you are looking at the same thing as everyone else, what are the odds that you have special insight? If you do a professional search, you will find that very few professional investors in the large cap space are generating much alpha. Too many people looking at the same thing. In crisis there is opportunity (Yes, old chinese proverb) . Pay attention to how you "feel" when you invest. If you are frightened to hit the "buy" button, it's probably a good trade. Spend more time thinking and less time acting. Accept the feedback the market provides... it's not personal. FAVORITE QUOTE.... "The Truth is rarely pure and never simple" Oscar Wilde 1895. Yes, picked that up in a Irish Bar (Cairns AUS). PORTFOLIO PERFORMANCE 2003 +37.1% 2004 +22.3% 2005 +14.4% 2006 +25.7% 2007 +21.5% 2008 (-43.7%) 2009 +121% 2010 +49.2% 2011 +44.8% 2012 +6.5% 2013 +126.3% 2014 +12.4% 2015 -1.1% 2015 2016 +34.2%
Every stock has a story, and that story is told each day the stock market opens.
Market DJ: Research, Enlightenment, Entertainment
Listening to the market, cutting through the noise... Finding good products & companies, crunching numbers... Looking for long-term macro trends in consumer spending habits... Learning through research and market performance...
Focusing on US Listed Companies:
–retail and technology trends
–media and entertainment products
–food & beverage, restaurant, and hospitality
–long & short opportunities
We conduct independent, boots on the ground research, as well as the numbers. Go with what you know. Every stock has a story, and that story is told each and every day in the stock market. We look at the product, the company, then the numbers. I am djkidm, and teamed with knowledgable family & friends form Market DJ– research with a goal of making money & sharing that research publicly every once in a while to measure performance & receive criticism & advice.
Market DJ is mainly interested in growth & value. Companies that make money, preferably American, but we invest around the world. We look for at least 10% or more growth per year, and want a good product, company, and market, no excuses.
Range Bound or Down?
As of late 2015, we have turned bearish, at least in the cyclical sense. We shall see. In January of 2016 Market DJ formed Portfolio Lab: $100,000 of real cash with the goal of making money in a Bear Market, or Side Bear, which ever the case. Portfolio Lab serves a trading account with nimbleness being the golden rule. More details via articles or instablogs will be forthcoming depending upon time constraints. So far we have made very few moves; currently Long F, Long APPL, Long TWTR, Long GLD, Long SLV, Long JO (Coffee Futures), Short NFLX, short UAA, short CMG, and sitting with 72% cash....
waiting to strike...
I have a background in Journalism, and I hope to shed some light upon the media practices I witness each day in the Stock Market. I graduated from Portland State University in 2003 with a BA in English. I make money as a restauranteur, deejay, and writer. I joined the market in June of 2013, which presented some terrific buying opportunities. Recently I quit my night job as a bartender to concentrate on business plans, market research, and to continue making money in the market. So far so good :)
Trader of equities and options for over 12 years. Proprietary trading strategy involving options and biotech with a very high win to loss ratio. SMID cap biotech. Passionate about science and cooking.
"Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money."
Just a small time private investor that is currently investing in oil & gas related energy names from Canada in order to generate dividends and income in case I ever get to retire. Still trying to find those monthly dividend payers for future income.
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
I try to carefully trade weekly & monthly stock options with expertise in mining companies & traditional manufacturers. Speak & write fluent Portuguese and speak good Spanish. Resided twice in Brazil and once on Guam Island. Employed at the same large foreign-owned Distribution Center the past 15 years & completely 100% Pro-NAFTA. Smart individual investing is the preferred solution to improving one's economic future, as opposed to vast & vague government handouts. Seeking Alpha is the #1 best financial blog because of honest opinions & superb organization.
I have an MBA in Finance from the Booth School at the University of Chicago and a masters degree in Industrial Engineering from the University of Cincinnati.
I manage our investments and advice my friends & family on financial decisions. I work in Marketing Research using stats to support Marketing programs.