I am a sadder-but-wiser investor who, after 30 years, still tries to learn from his mistakes. I am an academic who has made a career of teaching, publishing, and grant writing. My goal is to build an estate that will give my children and grandchildren opportunities I missed as a child of the Great Depresion. Now I have about 25 stocks combined in my regular portfolio and retirement portfolio. I hold most stocks for the long term (e.g. AAPL, BRKB, GE,J KO, WFC, & HD.)I realize that some areas of the economy will expand in the future – like solar energy and experiments in oils. So I have holdings other investors might frown upon ( e.g. SCTY, SPWR, FSLR, CSIQ, and SZYM.) I was long for seven years in a few excellent energy-related MLPs (EPD, ETP, and BBEP). At the end of 2014, however, I sold all of my MLPs, even those in gas transport , but I still held half of my EPD shares for too long in 2015. Occasionally I have bought certain stocks for short periods, when they were unusually battered and sold them after gaining 33 - 40%. I have held with pleasure several solid mutual funds under the name of Fidelity Select, but do not now hold them. I am not smart enough to catch stocks at their lowest and sell them at their peak. I am a long-time customer of Fidelity and a subscriber to Motley Fool & Dividend Investor by MorningStar and Cramer – sensible, decaffeinated approaches to stock picking (okay, Cramer is caffein on steroids) . In 2013, I listened to my trusted Fidelity advisor who immediately sold all of my holdings and invested in a thoughtful combination of bonds and stocks that produced a mediocre return for five or six months . I ended this plan after I realized I could do better by focusing on strong and innovative companies in the United States. Until proven wrong I will gladly continue to manage my holdings personally, but before my death in a year or so, I plan to transfer to our children's IRAs and my wife's to a local adviser at bank a will manage their holdings for them. Seeking Alpha, surely is an outstanding website for investors of all levels. The thinking behind the website is purely democratic – small d – and I only wish I had found SA sooner. Likle, all, advice, I take it or leave it, depending on the author's integrity and reasoning.