After following the markets for years, I started actively managing my portfolio in 2010. Plenty of misteps and a few victories have brought me to the point of wanting to share my experiences and gather feedback from this community.
I'm still learning the more advanced strategies for options and currently investigating futures trading, I want to bring my perspective to the investing world and hopefully generate some alpha along the way.
I tend to focus on a few names at a time to determine their trading patterns before intitating anything. I've learned that patience is a virtue and to not rush into trades. There are always more opportunities though I still struggle with "the trade that got away" syndrome on my darker days.
I hope anyone reading my articles is able to get some valuable information out my opinions and experience, and maybe a chuckle once in a while.
Old Geezer that listened to parents that lived through the Great Depression. Am a USAF veteran and proud grandpa of twelve grandkids. I am trying to learn enough to be a good investor and have met many great and tolerant (I ask a lot of questions) people here on SA.
I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in my opinion is out of date and there is wisdom in crowds.I've developed a market timing system that determines when it's best to be long, short or on the sidelines, using a number of proprietary indicators based on many time frames. I believe that to have longevity in this field one must find ways to calm the mind and trade from a detached point of view. Emotionless trading will allow you to respond to what's going on right now in the markets, rather than reacting to daily fluctuations.View my personal blog http://zentrader.ca/
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The Chinese already got rid of their US dollars and US bonds by getting loans and credit lines from American and European banks collateralized against US bonds (thus US dollars). That's how the Chinese HID the fact that they already spent the dollars they have so as not to crash the dollar's exchange value before they got rid of them all.
The Chinese are buying natural resources and profitable Companies throughout the world. They will announce the effective extinction of their dollar reserves once they're done shopping with the last of their (borrowed) US dollars and crash the US dollar(s that they own outright) in the process while revaluing the Chinese Yuan 200-300% in one fell swoop and thus greatly enhance their purchasing power instantaneously.
(The US bonds that the Chinese now hold on paper are mere instruments of financial mass destruction to be used at the most opportune moment. Do you really think that the Chinese are that STUPID and did nothing to protect themselves when we are screaming in their faces 'til we ourselves are blue in the face that we are going to INFLATE the dollar into oblivion and repay our debt to the Chinese with electronic digits that are worth NOTHING?)
On that day (which will be in early 2012 but possibly before that), your wealth will disappear if it was still denominated in US dollars.
Why do you think the Fed lowered US interest rates to practically ZERO? On the face of it, such interest rate policies are counterproductive for (1) they scream market manipulation and economic irresponsibility and (2) they reek of irrationality, for any viable business can generate 5-20% return on capital and thus is perfectly capable of absorbing 2-3% interest rates as the cost of doing business. The REAL reason for the Fed's zero interest rate policy is the Chinese. The Chinese DEMANDED and obtained zero interest rates, for they are not interested in holding depreciating US bonds which only represent the "faith and credit" of a bankrupt people who reneged on their own contractual and legal obligations -- including the US Constitution. The Chinese acquiesce to playing the monetary musical chairs game as long as America (the Fed) gives them dollar credits that they can freely spend, collateralized against the US Bonds that the Chinese own. This way, everyone gets to have their cake and eat it too -- for a little while longer at least. The Chinese get to spend their dollar-denominated reserves without crashing the dollar's value and the Americans can pretend that foreign investors are willing to invest in US debt because the dollar is as good as gold...
The US dollar is a PLAGUE and pure FRAUD.
FRAUD=NOT a good investment.
Leave the sinking ship behind! Save yourselves from USA Titanic by jumping into the economic lifeboat known as GOLD (and SILVER)!
What a disingenuous article.
Gold is a flat line between 1900-1972 because the currency was, by law, fixed to it.
So lets use your math and go back and recalibrate our answer.
Gold rose from $35 to ..hmm.. current prices.. we'll call it $1350 to close the year out in 38 years. Or an increase of 3857% ... Meanwhile the DJIA was 900 in 1972 ... and is about 11500 now. Or an increase of 1277%
My simple math tells me that the Dow hasn't kept pace with the price of gold over the entire course of US history where we've had a fiat currency.
I'm sorry.. you were saying something? You're either wholly disingenuous, in which case this article is malicious. Or you're a moron, in which case please. PLEASE keep selling gold. We need you on the other side of this trade."
I have engineering background and have worked for 35+ years as a software engineer and a systems analyst in the computer field. I am over 60 and have retired recently. Over the years, I have invested in mutual funds and ETFs but was caught off-guard by the 2008 market crash. So, I decided to learn more about investments. Last year, I came across Seeking Alpha and found it of tremendous value. I realize that there are many people on the forum who are ready and willing to share their expertise and experiences with others. My investment approach seems to be be evolving, and my current approach is:
(1) Use ETFs or CEFs for the fixed-income part of the portfolio. The % for this may vary based on many factors.
(2) Invest in utility and energy preferred stocks.
(2) Invest in quality growth companies that provide dividends between 3% to 5% that have a history of increasing dividends by about 8% or more.
(3) Invest in REITs, MLPs, and gas/oil royalty trusts with dividends ranging from 5% to 8%.
(4) Invest a small portion of portfolio in oil, energy and high growth stocks, especially in the energy exploration area.
I like to position the portfolio with low volatility, stay abreast with the news and inputs from many SA authors, and thus make informed buy/sell decisions. Use both technical and fundamental analysis. The cash position is at least 10% or more to take advantage of various bargains for the quality stocks.
Though I see myself as a long-term investor, but I also like to take advantage of short-term opportunities in energy, metals, and agriculture areas. I have used Dollar Cost Averaging for purchasing quality stocks and have closed positions if the intended expectations were not met based on certain criteria.
I am currently learning about the 20/50/200 moving averages to put trailing stop losses for my various positions. I have been whip-sawed a few times and noticed that the stock price came back soon. For now, the intention is to leave the core portfolio alone and add to it during major market dips. Mostly I use 'limit order' approach for buying and trailing stop loss for selling.
I have many favorite SA authors whose writings I admire and am always learning from them. It is indeed a joy to be able to find this forum and to share investment ideas, tips, research, market news and sentiments, and utlize all this to make prudent investment decisions.
The Decathlon brings together athletes working within the financial services industry to compete for the title of "Wall Street's Best Athlete" and raise money for cancer research undertaken at Memorial Sloan-Kettering Cancer Center (MSKCC).
This NFL Combine-style event occurs annually in New York City. In 2011, The Decathlon will be held at Columbia University's Wien Stadium on Saturday, October 22nd.
Under Armour, International Watch Company (IWC), Equinox Fitness, MET-Rx, and numerous sponsors will recognize age-group winners, Top Fundraiser, Top Executive, and Top Fundraising Firm.
Registration is limted to 200 competitors. Visit www.TheDecathlon.org