Been investing since the age of 13 and have the scars to prove it. Old enough to remember gas lines and lived and invested during the 1987 crash, Saving and Loan debacle, Tech bubble, '70's, '80's and '90's and both '00 recessions. Negatively disposed to flavor of the month financial disaster porn peddlers and technical analysts. Positively disposed to value investing, fundamental analysis and long holding periods. I am investing for a +2020 horizon. I don't buy what I cannot understand - that precludes me from most currency and commodity "plays", thank God. My holdings are 90% index funds and ETF's which I rebalance annually. I never hold more than 20 stocks and I aim to hold them for +5 years but will sell one if I see a better idea - to keep my 20 stock discipline. This means that I rarely trade. I do not use margin or negative ETF's.