"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.
"Why be concerned with gossip? Because it is much easier, as well as far more enjoyable, to identify and label the mistakes of others than to recognize our own."
I've spent most of my life in the mountains and rivers of the Americas...now alternating between SE Asia and N. America. I like to invest big during crisis, rely primarily on dividends for income, take cap. gains when prices get high and divs. go down in %. Sometimes use cash secured puts and covered calls to augment income. Also use these options to augment cash, as I tend to hold a lot. See my comments for insight about me.
I began redeploying assets from mutual funds and cash into Dividend Growth stocks in Fall 2013. Current positions: Consumer Staples: KO,PM,PG,PEP,UL,GIS,CLX,DEO,MO Energy: CVX,XOM,ESV Telecomm: T,VZ, Consumer Discretionary: MCD,TGT,ROST Healthcare: JNJ,GSK,GILD,ABBV,AMGN Industrials: LMT,GE,DE,TGH,EMR,CMI,ETN,BA,UPS Tech: AAPL,CSCO,IBM,QCOM Real Estate: O,OHI,HCN,VTR Utilities: SO,AVA,DUK,WEC,D,NGG T Materials: BBL Financials: WFC
Recovering futures day trader trying to Break on through to the other side.
Sucked at futures, never got past break-even.
Spent a couple of years writing automated futures trading systems until one day the light went on and I quit, posting a note on one of my multiple monitors that read "I'm smarter than my 5th generation computer!". That experience taught me that technical analysis only works if enough people believe in them and take some action when this crosses that and it's a full moon or whatever. It's a little like religion, you just gotta believe it works.
Before that, 28 years at HP in a number of different positions related to either customer support or negotiations of intra-company or joint company support agreements. That is until Carly moved my job to Costa Rica because she didn't want to bring the cash home.
It all sums up to the same conclusion... It's about people. Whether it's a business agreement or a stock, options, or futures trade, if you can figure out what the other side wants, you have a much better chance of getting what you want, or just walking away if that is the best option. But that requires a willingness and step inside of someone else's shoes. That is a skill not easily taught.
Psychologist in practice for 35 years and looking for a way to build my retirement income (not retired yet). Distributor of an MLM product, Asea, that replenishes our bodies redox signaling molecules. These are native to the body but decrease over time and with illness. They are fundamental to cell communication and the body's optimal functioning.
Love to play outside, garden, 'piddle' around, and am learning to hate Northeast taxes and winters.
Two great adult kids (plus a great son-in-law) and a wife who drives me crazy and keeps me sane ;)
Retired @ 57, 2011
Part time investor.
US citizen, live in the Pacific NW,
Building a portfolio primarily with dividend growth stocks and CEF's
Long only: KO, MSFT, JNJ, PG, ED, CINF, LMT, ITW, NWN, GD, RTN, PEP, AFL,T, EMR, IBM, XOM, RDS/B, GE, GSK, BP, ARCC, FFC, PDT, ETO, FLC, PFO, HPF, PCI, PDI, PFL, PCN, PTY, PKO, CEN, GLQ, AMLP, GDX and others.
Darren owns ProActive Financial LLC where he provides Financial Planning and Analysis consulting services. Darren's education includes a Bachelors in Economics, an MBA, and a Certificate in Personal Financial Planning.