Early 50's. Recently retired. Steady DCA from salary and reinvest dividends investor since I graduated from college in '81. Have enjoyed investing, studying about investing, and helping friends with making relatively shrewd financial decisions all my adult life. Grounded in financial common sense from my parents, who's financial prudence was shaped by their living through the Great Depression as children. There's nothing I enjoy more than some friend telling me (for example) "Thanks so much for convincing us to use a 15 year mortgage and buy an affordable house. We just paid off the mortgage -- we want to give you a case of your favorite beer". Or "Thanks so much for reminding us to stay diversified during the tech bubble. We're fine, but we have friends who say they may NEVER retire as their tech stocks are down 80+%. What kind of dinner would you like?" I'm a great believer in asset allocation, diversification, and in understanding the risks of your investments, so you can take INTELLIGENT risks. I do trade a SMALL part of my portfolio actively to earn option premiums and buy on dips, but the large majority is simple asset allocation, patience, and reinvesting dividends. A bonus of this is the opportunity to use low cost and tax efficient funds like Vanguard. I'm a geek, so I actually enjoy reading the WSJ daily, the "Economist" magazine weekly, and various investment books as the financial landscape evolves and becomes more complex.
I am 40 and would like to retire before 60. I am fortunate to work for a state government and I am vested in their pension. So, I am set when I turn 60+. Because I don't have to worry about saving for a normal retirement age, I have been able to put almost all of my savings towards the goal of early retirement, by investing in a taxable brokerage account.
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.
My stock portfolio is most about trying to capture tiny slices of ownership in the dominant publically traded companies in the world (in most sectors and industries) and not overpaying for that little piece of future earnings. I want to pay at most fair-valuation (although sometimes I try for bargain prices) as long the company appears solid and I think the company will be around 10 years and more. That is what I found produce the best total returns. I am mostly focussed on mature companies that pay dividends, but I do make exceptions, for leading companies in some industries - even if their dividend yield is low. I appreciate diversification and risk-management by not putting too much cash into each stock.
My portfolio has a spreadsheet on http://tiny.cc/tarkin
After 42 years in the construction industry as an IBEW inside wireman-electrician
I feel fortunate to have a pension. I value all the insight from the contributors
to this web site! With 300k in IRA's @Vanguard and 30k in joint acct,I hope to
attempt some trading and options also.
seeking alpha and advice
Just a small town guy in flyover country who likes to think about economics and finance, ever since taking a course from Larry Meyer in Washington U. in St. Louis many years ago...before he became a big Fed-head. He personally scammed me out of a dollar to "save the whales," and I've been intrigued ever since.
Born 1952. Worked all my life. Haven't made the best financial decisions. Have inherited money here and there, and wasted a lot of it. Hope to make some money with the remainder.
Spent over 30 years developing leading-edge software technology before getting 'involuntarily retired' several years ago. Still interested in software architectures, and personal research in advanced ontology architectures (I have rather idiosyncratic views on how these should be developed).
Having failed to pay attention to my retirement portfolio prior to 2008 (it was all in stock funds at the time), waited until early 2010 to get the main rebound. Then started to actively engage in my own financial planning and portfolio management. Started treating this as a 'full-time job' in 2011. Started to get comfortable with my portfolio management approach in 2012 - and managed to get almost 14% last year (2012) in my main IRA with a basically 'conservative' 65% bond funds to 35% equities model ;-)
Sadly, two smaller portfolios didn't do anything like that well, and I am working on understanding why - I believe it is largely because they were much less diversified, despite being nominally more aggressively allocated.
Started drawing pension this year, but still need to draw down the portfolio by around 15-20% a year (assuming no return) until I draw social security (target in around 4 years), at which point I should finally become cash-flow positive - yay!