2nd Market Capital Advisory specializes in the analysis and trading of real estate securities. Through a selective process and consideration of market dynamics, we aim to construct portfolios for rising streams of dividend income and capital appreciation.I am an investment adviser representative of 2nd Market Capital Advisory Corporation.
Doug Eberhardt is a 30 year investment professional offering his analysis on 46 ETFs 5 days a week providing buy and sell recommendations. He is the author of the soon to be released book "Illusions of Wealth" that offers a fresh look on how investors can profit. He has written the book "Buy Gold and Silver Safely" and is a broker/dealer selling gold and silver coins and bars at 1% over wholesale cost to investors who are looking for "real wealth" diversification and protection from currency depreciation.
Mr. Leach spent his early years on a subsistence farm in western Michigan. He graduated at the top of his high school class which helped him land a scholarship to the University Michigan. Graduating magna cum laude with a bachelor’s degree in Nuclear Engineering and a minor in mathematics in 1981, Mr. Leach took his first professional job with Westinghouse Electric in Monroeville, PA.
Mr. Leach held several positions of increasing responsibility at Westinghouse, and Fluor Federal Services in Pennsylvania, South Carolina, and Washington State. While in Washington State, Mr. Leach completed his master’s of science degree in Environmental Engineering graduating summa cum laude in 1997 from Washington State University.
In 2003 and 2004 with Fluor Federal Services, Mr. Leach worked as a civilian contractor for the US Department of Defense in various middle east locations and the Philippines. In 2005, Mr. Leach joined the AREVA Group and spent two years in France. After returning stateside in 2006, Mr. Leach held various positions of increasing responsibility with AREVA Federal Services in South Carolina and North Carolina. Mr. Leach left the AREVA group in 2014 at the age of 56 and is now quasi-retired and focuses on his wife, his 15 year old son, and his investment portfolio.
Mr. Leach has been a consistent, avid, and successful investor for more than 30 years. His investment style is conservative and he primarily invests in income oriented equities, bonds, preferred stocks and mutual funds. Mr. Leach has written more than 50 articles on Seeking Alpha and other websites.
Dale Roberts is an Investment Funds Associate with Tangerine Investment Funds Limited, a subsidiary of Tangerine Bank wholly owned by Scotiabank. My articles are for information purposes only and do not constitute investment advice or an offer or the solicitation of an offer to buy or sell any securities. These articles are my personal opinion and are not those of Tangerine Bank or its subsidiaries. Remember past performance is not guaranteed and may not be repeated. Investment strategies are not suitable for everyone and you should always conduct your own research or speak to a financial advisor.
Trader & portfolio manager, from 1975 - 2001. Former head of equity trading at Northern Trust Co. in Chicago. Now a private investor, founder of a nonprofit investor advocacy firm, and private investing coach. It gives me great satisfaction to teach small investors the same skills and strategies that I used with my high net worth clients as a private wealth manager. It may be a cliche, but giving something back to the community is more rewarding to me than helping very rich people get even richer.
I have been enjoying investing as a hobby for the past decade. My focus is on dividend stocks, especially the higher yielding ones. I also enjoy looking for undervalued stocks.
Originally from MI, but I lived in SW China for six years and currently reside in Naples, FL.
About my investing history:
When my wife and I graduated from college in 2005, our combined income was about $45,000 per year (I made $10 an hour working in a factory and my wife made $12 an hour as a secretary). Not exactly "rich". However, we lived way below our means for the first 3 years of marriage before we had kids and were able to save about $20,000 a year. My wife's employer also matched her 401k contributions. We then moved to China and volunteered at a non-profit and made $1,000 a month for 6 years. Again, not exactly rolling in the doe!
I educated my self in finances (because high school and my BA and MA were not in business or finance) and went to work investing the money in our 401k, IRAs and personal stock account that we had been able to save up during our first few years of marriage. 10 years later, that initial $60,000 we put away has turned into a nice retirement account and we also just paid cash for our first house we bought last year after moving back to the U.S... And that was all from a man and his wife that made simply made a decision to live below our means for a few years realizing that time was on our side. Was it easy seeing our friends go out and get the nice cars and houses right away after college? NO...but now they are in debt up to their ears and we are financially healthy.
Again, I am not from a rich family nor have I ever even held a job that paid a lot of money. So even a family making not very much can do it. I know, I've been there and done it. We still live without cable and a flat screen TV. Not that we can't afford it now. We just choose not to. And our lives are just great without all the "stuff" that people tell you you need. By the way, I can tell you all about "the stuff you think you need" and the pressure to "keep up with the Jones"... because we live in Naples, FL!
Over forty five years of investing experience. Three Master's degrees. Retired, except for some rental real estate. Serve on three professional boards dealing with property management and regional symphony orchestras. Play in a super regional symphony orchestra and regional professional concert band. On SA to learn, have fun and tweak some egos..especially progressive dimwits.
Disciple of Harry Browne's portfolio system (income, permanent and speculative) with real estate and other income streams. It works.
I am a 1%-er.
With more than $3 trillion in assets under management and offices around the globe, Vanguard is among the world’s largest investment management firms. In serving the needs of financial advisors, individual investors, and institutions, we are guided by one constant: to put clients first.
Have spent over 40 years in the O&G industry with special interest in technology application for improved business performance. Academic background: geology & geophysics. Professional background: seismic technology application, operations & management. Currently: external director on the board of a leading seismic acquisition company.
First of all, let me state that I am NOT a CPA, attorney, nor financial planner. I am just a relatively savvy stock investor who wants to help the general public find their way through some of the maze of stock investing. I am 85 years young, although you might not think so from my accompanying newest picture. Yes, that is reallly me, age 84 and 11 months. I have been investing in stocks and bonds for about 60 of those years. It is now my main hobby. I invest mainly in high-yield stocks rated A- or lower down to B. I got stung a few years ago when Lehman Brothers, rated AAA, went down the tubes, costing me over $25,000, so decided to never again get involved with highly rated (over-rated) stocks that paid only small dividends. I prefer the high-yield stocks like BDCs, REITs, and MLPs from which I can get paid NOW, even though I actually expect to last another 20 years or so. I have developed my own stock investing system that I call MRHY (medium risk, high yield). I took early retirement in 1987 from a job as manager of a Computer Systems and Programming department at a large life insurance company. I am the holder of a CDP (Certificate in Data Processing) from the Data Processing Management Association (DPMA). During my working years, I frequentlly worked closely with the company actuaries and accountants. I even took some actuarial classes to be able to work with the actuaries in their own language and skills. Those experiences, plus my computer skills and high IQ, have alllowed me to build my stock portfolio from less than $300,000 in 1987 to over $600,000 in 2007. I also have the benefits of ~95% long term retention of whatever I read or hear, which is very useful in stock market investing. I inherited $everal hundred thou$and in 2011, which I have invested in medium-risk, high-yield stocks (MRHY), so that my total stock portfolio is now well over $1.25 million. The above Bio was posted a couple of years ago and has now (October, 2015) been updated. My stock holdings are now over $1.5 Million and my annual dividend income is now just over $175,000. I also collect income from SSA, 3 annuities that my deceased wife and I started receiving when we retired, and a restaurant seating about 120 that I bought in November, 2014, for a total annual income of about $240,000. Folks, if I can do it, you can too. All that it requires is a good brain with an understanding of the financial world, mathematics, and a little actuarial science, plus a high risk tolerance!
The Stern Investment Management and Research club (SIMR) is a committed group of more than 400 NYU Stern MBA students actively engaged in the professional and academic investment management community. Members are pursuing careers in: Hedge Funds, Buy-side Research, Sell-side Research, Private Wealth Management, & Sales and Trading.
Please check out our club website for more information:
Hello, I'm an independent investor from the DFW area. I enjoy biking, golf, football, family, and the beach around Destin, FL (30-A). I have been a credit manager in the Oil-Gas and Steel industry for over thirty years. My investing objective is simple: To build and manage a reliable, predictable, and increasing income stream. "The real money in investing will have to be made-as most of it has been in the past-not out of buying and selling-but out of owning and holding securities, receiving interest and dividends, and benefiting from their long-term increase in value"......Benjamin Graham. My ownership is as follows:
AAPL AEP AMGN CL CMI CSCO D DEO HCN HD JNJ KMB KO MDT MO O PFE PG PM SBUX SO STAG T TD UL VFC VTR VZ WPC XOM
I am a former engineer in topography (ESGT Paris 80) and specialized later in metrology or very precise measurement (CERN). I was interested in quantum metrology for a while...
I live mostly between California (Santa Monica), Provence-Cote d'Azur (Where my children and grandchildren live) and Sweden (South West Skåne) with my loving wife.
I am managing (investment manager) a large and old private family fund and trade personally a medium-size portfolio for over 25 years
“Logic will get you from A to B. Imagination will take you everywhere.” Einstein.
Have been an investor for maybe 35 years now and consider myself reasonably capable, experienced and financially literate. Worked professionally overseas for 35 years.
Am nearing retirement so I have a much greater interest in dividend stocks versus technology (historical interest) - am learning about and starting to acquire BDCs, REITs and MPLs. Thankfully there is a vast amount of literature, online communities and websites to draw from..
Am also very active writing both calls and puts and done well.
Author of Quantitative Investing, the Global Household Index and the free Market Timing Signals. Often in the SeekingAlpha top 5 on Portfolio Strategy & Asset Allocation. Skills: market risk evaluation, quantitative value, closed-end funds, short-vol trading. To get information on my model portfolios in stocks, ETFs and CEFs, click the link "send message".
PhD, Software Engineer, Civil Engineer, 20+ years working in various sectors and countries. Also a lifelong rock climber and ex ski-mountaineering racer.
I am a retired investment adviser. I write a blog that concentrates on dividends and income. In my web/blog I profile dividend stocks that I call Dividend Machines because they are safe and deliver ever increasing income. High Yield Bonds bought at par or below and covered calls on dividend companies are additional sources of income that individual investors should learn to use and that I discuss on my site. My ideas and historical data are free to readers. The Money Madam
I apologize to investors who follow my articles, but I don't currently plan to resume any involvement with SA, though that may eventually change, if the site ever implements/enforces deterrents to web stalkers. For now, I only publicly share opinions on stocks via Twitter, StockTwits, etc. The rest of what follows is my normal profile, so I won't have to rewrite it, should I ever continue posting on SA. Best of luck investing. Cheers. I run a small family office managing long-term portfolios and special projects beyond the capital markets. I'm fortunate to have worked for a NYSE-traded financial firm for the decade through 2010, but I am not an adviser, my articles only share our investing actions/opinions, and they are not investment advice. Proof is in the pudding, so here are our stock portfolio returns from the most recent five years: 2012 +32%, 2013 +52%, 2014 +11%, 2015 +14%, and 2016H1 +19.8% (those are just capital gains, but all holdings pay dividends). Returns are moderating as expected, since most positions were rebuilt/opened in 2010-2012 at extreme undervaluation levels, yet only a few new positions have been opened each of the last few years at moderate undervaluation levels. I also trade around core positions for short-term profits, but I do not include trade gains in portfolio return tracking, and my articles are strictly about long-term investing. My investing career started in the 1980s, and the transition to full-time was finalized in 2009. I only list returns from 2012 because that's when I became most active on SA, and the stock calls that led to those results can be verified here. For 2008-2011, my focus was shorter-term trades, which made total annual returns harder to tally, so without wasting time backtracking, I can only say returns were worthwhile. For most years prior, I was a blue-chip-only, buy-and-hold guy, which also worked well, so I still own most of those stocks in accounts separate from our actively-managed portfolios.
I buy established, good companies with strong management, solid balance sheets, free cash flow, growing earnings, and increasing dividends. This is a long strategy, which buys value situations, combining the fundamentals of Growth at a Reasonable Price, with Dividend Growth Investing. This style has been coined as "I-GARP" by Clay King.
To further reduce my risk and enhance my returns, I enter positions by selling puts, also known as short puts. I practice Teddi Knight's strategy of using option premium capital to build positions, and use technical analysis, (Bollilnger Bands, 10-20-30 moving averages, and earnings misses) to enter trades, as practiced by Teddi and Dr. Samir Elias.
Who I Am: I'm a retired individual investor. I retired at the end of 2013 after a 35 year career as a professor and research scientist at a major research university. So -- a career as a researcher and an educator, which is what I hope to continue here. Virtually every good teacher I've ever known says some version of "I learn more from teaching than my students do." There's a lot of truth in that, enough that there's an underlying selfish motivation for my writing here as I continue to learn about investing.
My professional life involved multiple international projects and collaborations, so I traveled extensively over those 35 years. I plan to continue doing so in my retirement. One consequence is that I'm liable to disappear from the site for extended periods. How can you miss me if I don't go away?
My investing priorities are building and refining portfolios designed to provide income and capital growth: Income for my retirement needs, and capital growth for my estate. My investing interests are tax-advantaged income from a range of sources, portfolio strategies, information- and bio-technology, and momentum-based strategic allocation.
Why I Write for Seeking Alpha: I learned long ago that "writing is nature's way of letting you know how sloppy your thinking is." The line comes from a Guindon comic strip of many years ago, and could not be more true in my case. When I did research professionally, I learned that writing it up forces me to think about details I might otherwise overlook. It's how I spent my working career, so it comes more or less naturally to me. I consider it an essential part of doing any research. So, the writing I do here is as much for myself as for the reader. As I started to contribute articles here, they grew out of research for my personal investment portfolios. They're based on things I've uncovered that are of interest to me and may be of interest to others of like mind. My primary purposes in writing them are to help clarify my thinking and to get feedback from others who may have very different opinions. It's those thoughtful comments that make Seeking Alpha such an important resource.
I try to actively engage myself in the comment streams in my articles, contributing what I can and learning from others. As a research scientist I spent a career spanning four decades devoted to free exchange of information vetted by rigorous peer review. It's a concept I firmly believe in. I hope to bring that approach to my interactions and contributions on Seeking Alpha and welcome critical commentary on anything I may contribute here. I especially encourage and appreciate thoughtful comments from those who disagree with me (although I will ignore obvious trolls and encourage others to do so as well). So, go ahead, start a conversation in the comment threads. It's one of the best things about Seeking Alpha.
My Investment Philosophies and Strategies: I maintain two portfolios. My income portfolio is a taxable account. I try to keep it separate from the growth portfolio which is housed in a series of IRAs, traditional and Roth. My income focus is on tax-advantaged income. In 2016 I face minimum required withdrawals from my tax-deferred accounts, so tax efficiency is an important consideration. The IRAs I see as my estate and are focused on generational wealth building. That means the growth portfolios have a long-term horizon, well beyond what an investor of my age might be expected to maintain.
Who Is Left Banker? Ah yes, the name. When I first joined Seeking Alpha I had no intention of being anything but an occasional reader. I saw it as another research site. So, I just ported a name I've used on other sites. I spent some of the best times of my life living on the left bank of the Seine and am always thrilled to be back in La Belle Paris. Add that I also like it because I find several subtle word plays there; I'll leave it to you to decipher that comment.
Finally, I've chosen to remain anonymous, which I feel obligated to justify. First, I have no professional role in finance and nothing to sell, so there is no advantage to be gained by "making a name for myself' here. Second, I value my privacy and have kept my internet presence as low-key as my professional life allowed. I certainly want to avoid any possibility of some internet connection trying to track me down. Odds against that happening are, of course, outrageously long, but why take them on at all?
Disclosures: I have no ties to the financial or security industries in any form. My interests are strictly personal. The banker part of the nym has absolutely no relationship to the profession of the same name. Readers should be aware that I am an investing novice, some might say dilettante. I do not give advice; what I publish is much more in line with a research notebook. Anyone who finds anything of interest will necessarily want to do his or her complete research and due diligence. It would be foolish to rely on my conclusions without having done so.
Benjamin is the founder of ModernGraham.com, a website devoted to the study and modernization of the teachings of Benjamin Graham. Benjamin graduated cum laude with a J.D. and Certificate in Taxation from DePaul University College of Law, and a B.S. in Finance (Honors) from DePaul University College of Commerce.
Articles posted on Seeking Alpha are a sample of the articles posted on ModernGraham.com. Please visit the website for more ModernGraham content.
Efficient Alpha provides written content & investment research solutions for small and medium-sized advisor firms. Our core products include: financial newsletters, blogging, presentation preparation, investment research and ghost writing. Our normal clientele are small to medium-sized firms with research, analysis, or marketing needs but whom may have insufficient staff or topic expertise.
Joseph Hogue, founder and analyst, has more than ten years in the investment industry and holds the Chartered Financial Analyst designation. His experience covers a wide range of investment related areas but he specializes in web & social media content for financial advisors and other professionals. His work has been published by the International Economic Development Council, Alternative Latin Investor, Emerging Money, Morningstar, and the financial website Seeking Alpha. Mr. Hogue is also the administrator for the FinQuiz Blog, an online source for CFA exam preparation advice and preparation.
Working from Medellin, Colombia, he has worked for clients ranging from individual investors to large multinational firms. Prior to his work as a financial writer, Mr. Hogue worked as an economist for the State of Iowa, as a consultant on trade issues and analyzed real estate development deals in Colombia.
A veteran of the United States Marine Corps, Mr. Hogue is a graduate of Iowa State University with a B.S. in Finance, a B.A. in Communications, and a Master’s in Business Administration. He is the former Communications Chair on the board of directors for the CFA Society of Iowa.
Areas of Interest:
· Financial Blogging and Social Media Content
· Equity Research and Analysis
· Strategic Asset Allocation & Portfolio Planning
Suneet analyzes distressed credits and has experience in performing extensive analysis on companies, municipalities and their capital structures, from senior secured loans to subordinated unsecured debt and equity. He takes a long term view and employs a private equity based approach to understanding industry, competitors and business. This combined with deep financial and legal analysis helps him identify most attractive companies and parts of the capital structure including equity.
Though professionally trained as a distressed debt analyst, analyzing recovery scenarios in restructuring situations, Suneet analyzes all aspects of markets: equities, options and special situations (spin-offs, stubs, warrants, divestitures, shareholder activism, post-reorg equities, etc) to find mispricings in markets. You can find some of his recent investment ideas on his blog and Seeking Alpha.
Suneet's investment strategy is scientific, philosophical and focused on quality and margin of safety. His approach is to breakdown things very clearly, which helps him to look at situations differently than the crowd.
Suneet also believes in market timing and has developed models that convert his belief in cyclicality, irrational human behavior and market inefficiencies into science by developing 6 proprietary signals (5 contrarian and 1 trend following) indicating long-term market tops and bottoms. When back-tested, one or more of his market timing indicators predicts every fall of more than 15% in S&P since 1965.
I'm a 66-year-old investor focused on dividends in a Retirement Income Portfolio.
I've been a member of BetterInvesting.org since 1982 (formerly the National Association of Investment Clubs). For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.
Better Investing's "four principles" have been very helpful to me:
1) invest regularly throughout your lifetime;
2) invest in growth companies;
3) reinvest earnings and profits;
4) diversify by industry and size.
Bill Bengen's "4% Rule" inspired my goal to design a retirement portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets.
Some things I've gleaned from mentors and colleagues:
- Peter Lynch's conviction that the average person, with some study and discipline, can make good decisions about stocks;
- Louis Rukeyser's ability to ask probing questions about the market;
- From The Intelligent Investor, Benjamin Graham's focus on value;
- From Better Investing columns, Charles Allmon's skill in finding growth stocks that also had the virtues of value and income;
- Brad Thomas' analysis real estate investment trusts;
- Bob Wells' disciplined search for dividend growth;
- From The Single Best Investment, Lowell Miller's focus on quality and safety;
- David Van Knapp's ability to keep the big picture in mind when designing a portfolio;
- David Fish's dedication to monitor consistent dividend growth;
- Factoids' distillation and dissemination of mounds of data;
- Chowder's determination to buy and hold quality businesses;
- BDC Buzz's clarity about the risks business development companies;
- Tom Konrad's commitment to alternative energy investments;
- George Fisher's insights about utility opportunities;
- The Seeking Alpha community--both veterans and young contributors.
Steven Bavaria writes about finance, economics and politics, drawing on his forty-five years experience in international banking, credit, investment, human resources/training, journalism and public service. Now retired from his "day job" on Wall Street, Bavaria lives mostly off his investments. His focus is largely on income-oriented stocks, bonds and mutual funds, as well as closed-end funds, ETFs and other IRA-suitable investments. His book "Too Greedy for Adam Smith: CEO Pay and the Demise of Capitalism" was just published and is available on Amazon and at independent retailers.
Bavaria began his career at the Bank of Boston, where he handled international credit workouts that included managing a fleet of ships, chasing a Vatican-owned bank in Switzerland, and leading the turnaround of troubled branches in Australia and Panama. He also ran the bank's human resources department, which is where he saw personally the beginnings of many of today's executive compensation excesses.
More recently he worked at Standard & Poor's, where he introduced ratings to the leveraged loan market. In between Bank of Boston and S&P he was Assoc. Commissioner of the Massachusetts Dept. of Mental Health, worked briefly for Citibank, and was a reporter for IDD Magazine. He also did a short stint at a smaller rating agency where he had to leave in a hurry after writing an article called "From Banker to Bookmaker" that was deemed a bit too candid in describing the conflicted role of major commercial and investment banks.
Bavaria graduated from Georgetown University and New England School of Law.
I am a former hedge fund portfolio manager that trades for my own personal account. I espouse Graham and Dodd/Buffett style investing, always on the lookout for value equities or bonds. A graduate of Northwestern's Kellogg School of Management, I lived in NYC for a decade before relocating with my family to the Charlotte, NC area in 2007.
I am a reformed MD, now with a finance MBA, and studying valuation independently by developing some conservative DCF models using FCF per share. You can make any investment work if you set a low enough discount rate.... that's one of the discouraging things about doing anything other than passive index investing. Forecasting isn't too accurate, those darn standard deviations are too wide. Margins of safety and alpha are rare and hard to separate from the noise.