NAME: Martin Lawrence - live outside Glasgow (Scotland UK) - it's part of a small island somewhere on the edge of Europe - where we drink brown water from peat bogs (whisky), the men wear skirts (kilts) and the family meal consists of a sheeps bladder filled with offal (haggis).
Before our recent introduction to synthetic materials, the bladder was also used for football games as well as meals.
Inexperienced & amateur retail investor who plays only with own money.
Aspire to longer term safe(r) haven investments (if there is such a thing) - still not even close to one yet.
Currently only invested (really just pure gambling) in stocks - mainly coal, oil sands, palladium, potash, very limited U.S. tight gas (would like to add possible agricultural & gas plays in the future).
Really need to diversify to avoid 100% exposure to stocks. I avoid tech stocks like the plague - I just can't relate / understand intangible FANG investments. Actually, if I'm honest, I'm in total despair at the valuations placed on tech sector / compared to Global mining - has everyone lost the plot? Then again, there are the minor debt issues in the commodities & energy sectors - why do senior management have to keep making the same mistakes and at the same times (acquisitions, perpetual expansion, wishful thinking & too many Power Point presentations, all at the peak of cycles).
Someone, please, make an in-depth, detailed documentary called "The Unnecessary Demise of Peabody Energy" - all CEO's will be forced (at gunpoint if required), to watch said documentary.
During our short summer months, I like to drive my Mexican beetle & wonder why other cars are so complex now - sometimes the simplest ideas are the best (the Beetle did last 70 years - 2003 final production - despite being looked down on as primitive & outdated). Adding software to cars just gives you problems you don't need & can't fix (VW & Toyota will testify to that). I get nightmares, that one day I will get into a driverless car, only to discover that it's controlled by the latest version of MS Windows operating system - that has to be a scenario worse than a complete Global economic meltdown. I am employed by a German company in the construction industry (whilst we cling to the remnants of an economy with serious debt issues).
My approach focuses on meeting cash flow needs with portfolio cash flows (dividends and interest) with a focus on high and rising dividend yields. I take interest in the entire capital structure of a company to (try to) capitalize on inefficiencies between stock and bond markets.
What may make a horrible stock investment may also be an incredible bond investment (and vice versa)!
On top of earning the right to use the Chartered Financial Analyst designation (CFA) I also sport an Undergraduate Finance degree and an MBA concentrating in Analytical Finance, both from top tier schools.
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.