4/29/16 - Student loans paid off six months before I planned on them being paid off. Basically every paycheck minus living expenses since last Oct went towards them. Lower end luxury car amount of money at close to 7% interest. Now I will have more disposable income than I can spend each paycheck (because I've adjusted myself to live cheaply). Maybe I'll return to writing at some point for fun. But probably more likely just update this profile whenever I hit a goal like this. And I've changed some things about the way I invest - more DCA into averages and less worrying about whatever pick I make when I get paid. I've come to believe that the savings rate matters more than getting a percent or so above what's going on in the stock and bond markets (when that can even be done). Second is tax-efficiency. So a lot of that stuff below no longer applies to the way I do things and it's a reminder to me to set a goal and stick with it like a pit bull. Next goal is enough money for a REAL down payment on a house. Or enough to buy a bunch of VTI or whatever if there's a big ol' dip before I'm ready to buy. Whenever I updated this in summer of 2015: I used to frequently write an instablog on my investments, but have realized I was doing things backwards and am currently focusing on paying down as much debt as humanly possible over the next couple of years (it can be done in a year and a half) and that's kind of boring to write or read about. "Oh yes! I scrounged another $10 over the last month by swapping out light bulbs to energy efficient ones and now am one week closer to paying off my student loans!" Bleah. I (still) work as a mental health nurse. I did not get my dream job of helping people to die - but I now have a job that's less violent, pays better, and that allows some autonomy for actually doing some people some good. My goal is to eventually replicate my income via dividends and then retire (so I can quit interacting with people that test my own sanity). I'm in my late 30's. I believe in value investing with high dividends/distributions. That said, my favorite investments are CEFs (not because these are particularly good investments, but because I can find out if they are trading at a good value) and preferred shares (as long as I can buy them below par and the company is making money or is demonstratively turning things around). I'm also implementing a long-term moving average strategy in my 401k and Roth accounts (and as an update, seems to work much better for my mentality for total returns - wax on/wax off). And I've been experimenting with leveraged trading funds with small amounts of money. Sometimes it works and sometimes it doesn't. The trick, I think, is to make sure that when it works it more than makes up for when it doesn't. I happily admit that I tend to take different ideas from different sources that I think make sense and mix them together. And if you bothered to read this far, you would be well served by reading the articles/comments of the these folks: http://seekingalpha.com/author/monty-spivak/articles (the high/yield with moderate risk articles are the biggest influence of the way I currently invest) http://seekingalpha.com/author/douglas-albo/articles (man has been touting the same line for years and it's starting to pay off - excellent cef analysis - I have read all of his articles twice and will be reading them again) http://seekingalpha.com/user/157675/comments (guy's has excellent long-term investment wisdom and keeps things in perspective) http://seekingalpha.com/author/tim-mcpartland/comments (I don't think he comments or writes much, but has the best free site on the internet) http://seekingalpha.com/article/921541-this-simple-trend-following-model-has-crushed-buy-and-hold (this article is the one that got me interested in trend/momentum following and led me to Mebane-Faber and a bunch of other stuff - personal best results so far in my short investing career have come from these type of strategies though you have to deal with a shrinking scrotum and sinking stomach at times)
"Why not go out on a limb? That's where the fruit is."
I tend to invest in high-yield, high-risk, but I believe my purchases are long term holdings.
-- Working as a tax guy in Orange County, CA.
Alexander Paul Morris is a trader, investor, and entrepreneur who has been involved in the markets for over 15 years trading stocks, forex, options, and futures. He is the designer, creator, and programmer of the tymoraPRO trading platform, which received exceptional reviews in both Active Trader and Technical Analysis of Stocks & Commodities Magazines, and was designed to empower traders with a real-time trading edge. He is also a viral media producer and co-founder of the vlogolution network, where he shares his perspectives and calls B.S. where he sees it. vlogolution currently has nearly 90,000 subscribers and over 57 million video views on YouTube alone (http://www.youtube.com/vlogolution).
twitter: @tymorapro for sample real-time trading alerts
Individual investor. Generally using index Mutual Funds or ETFs. Trying to diversify more (foreign in particular). Pick up tips & concepts, & learn more.
I'm at alpha to keep a finger on the current moods & predictions... and so I notice up coming big financial news events before they impact.
See you around! Feel free to write me!
Our family finances have focused on growth through the use of mutual funds. Now we are on a path to convert from a growth to an income strategy as we approach retirement in 4 years.
BAC, BP, CVX, ED, GE, GIS, GM, JPM, KMI, KO, MCD, PM, RTN, KO, PEP, PG, JNJ, XOM
ADW.A, ACO..X, BBD.B, BCE, CM. CU, CNQ, CVE, EMA, ENB, FTS FTT, IPL, L, MBT, MFC, RCI.B, SJR.B. , SU, QSR, TRB