I sold my California inflated price house in 2005 and moved to Mexico. I live in the largest ex-pat American enclave outside the US. The sun always shines and a beer is $1.25. I have been investing in stocks since I was 13.
I became an active investor when the market bottomed. Over the course of a year I changed the nature of my retirement accounts from mutual funds - held in an IRA and 401(k) - to stocks in a self-directed brokerage account. Thanks to a lot of CNBC watching and reading many insightful and educational articles on this website I'm doing very well and do also manage my husband's and my sister's retirement accounts.
As a contributor to the New Low Observer (http://www.newlowobserver.com/about-this-site), we intend to give new insights on a low risk approach to trading in dividend paying stocks for tax deferred accounts. The New Low Observer (http://www.newlowobserver.com/about-this-site) is not intended for regular or non-qualifying accounts however, the strategies and stocks mentioned can be used for non-qualifying accounts with the understanding of the consequences of potential short-term capital gains as well as the need for exceptional documentation for IRS purposes.
I have a professional background of working with the Federal Reserve Bank of San Francisco, Bear Stearns, Fannie Mae and Freddie Mac. Although I am an economist (and probably because of that fact), I am adept at being resourceful and thinking in a multidisciplinary fashion. For this reason, my professional experience only reflects a wide perspective that I have gained through the years and should not connote an air of authority.
Deep value, contrarian investor with a very long term outlook (35 + years). Believe in dividend investing which is growing more challenging every year with the increasing velocity of change within the global economy. Resident of Florida but I have a sweet spot for Boston and Buffalo. I live well below my means and invest the difference. Fiscally conservative , father of two beautiful little angels and married to my college sweetheart. We hope to retire one day to Hawaii, if my DGI investing is fruitful.
MY WINNING RATIO on SA is 9/10 HISTORICALLY. Check my comments to verify.
------------------------------------------------------------------------------------------------------- I have been short and long stocks for 20 years as a fund mgr.
I am a swing style trader. Not an analyst nor an economist.
Its not about being right. Its about being profitable.
Any opinion(s) expressed in any form by me at Seeking Alpha and/or related websites are strictly my own personal views and ideas. They should never be considered advice of any kind, nor considered to be professional opinions.
You should always seek advice from a qualified professional before embarking upon any plan of trading or investing.
All the Best!
An individual investor focused on preservation of capital and generating dividend income.
My strategy is to invest in dividend paying companies, with simple business models, and, a long track record of increasing dividends . David Fish's CCC list is my primary watch list. The quality of the business model, earnings track record and valuation are key principles in my book.
When I first started investing in 1990, I gravitated to DGI - a book called "dividends don't lie" influenced me. Didn't have a losing position in 10 years. Then I learned an expensive lesson in 2002 (60% loss of net worth at that time) when I lost my way and got into momentum/technology stocks. I lost track of understanding WHAT I was buying and how the company made it's money. I will never deviate from buying quality companies that have a long track record of paying dividends, at value, since I paid a high price to gain that knowledge.
A critical insight -- it is better to pay a fair price for an excellent company than an excellent price for a fair company (Buffett). I buy companies that I'd buy more of if prices were to drop. A second one, is to have a long term orientation (Klarman). In other words, buy and hold, allow compounding to work, and try not to market time.
SA DGI leaders such as Chuck Carnevale, Chowder, David Fish, David Van Knapp, Tim McAleenan, Part Time investor, Sure Dividend, Dividend Mantra and several others have influenced my thinking. It is not an exaggeration to say that SA has impacted my life.
I'm a first generation American, and very grateful.
32 companies make up 72% of my portfolio. In descending order of size.
PG, JNJ, KO, VZ,UTX,T,DEO,XOM, KMB, HSY, MCD, KHC, PEP, UL, CVX, WMT, EMR, PM, CMI, DIS, GE, MMM, IBM, NSRGY, GIS, UPS, HP, AAPL, WPC, QCOM, SJM, CLX, UNP.
Evaluation of the dominant assumptions and an understanding of the dynamics of the economic engine is the basis of an approach to asset allocation that provides for both a rational determination of value and an understanding of sentiment in the form of price as a measure of the irrational nature of the operational environment, an approach that is intended at once to avoid unnecessary risk while at the same time enable gradual rebalance of assets as a means to increase net worth via optimization of appreciation and long term yields. Let's call that buy low and fly high just for fun.
The first value on my list of important values is integrity. The reason for it to be at the top of the list is that it is the most influential to my inner peace. Without inner peace there is no way to fully enjoy life, and without integrity there is no way for me to obtain inner peace. Another reason for me to choose integrity first is that the only way to be a good steward of the other two things on my list which are wisdom and wealth is to achieve and manage those things with integrity. That’s not to say that you can’t obtain either without integrity because you can achieve one or both with little or no integrity. However, wisdom or wealth obtained with integrity is much different than wisdom or wealth obtained with a lack of integrity. It’s a matter of quality of life rather than quantity of goods. Personally, I would rather be a poor ignorant man of integrity, than a wealthy, wise man of no integrity. Preferably of course would be to have integrity, wisdom, and wealth with integrity as a catalyst for the management of wisdom and wealth.
Ricky Willingham "aka BillyJack"
The Mole (pseudonym) is a man in the know. I don't trade for a living, but instead work for a well-known Irish institution, heading a desk that regularly trades over €100 million a day. I aim to provide top quality, up-to-date and relevant market news and data, so that traders can make more informed decisions.
Visit The Mole's blog (http://www.paddypowertrader.com/blog/index.php/category/market-watch/).