I bought my first stock position in the early 70's, a company I worked for while attending the University of Utah. I have tried a wide array of investments from limited partnerships to portfolios of rare coins and now stocks.
20 years of doing my own investing. Avid reader of Financial magazines and Barrons. Higher level of investing knowledge. Learned my investing lessons over the years. I believe in investing to mitigate risks to our money in terms of larger downside risk. Therefor I have invested to protect against dollar devaluation, and high or hyper-inflation. Those risks are much much higher today (4/2011) than they were in 2007. So to minimize these risks to your net worth AND TO YOUR PURCHASING POWER, at 35% I am heavily invested in alternative investments (those investments that should maintain or increase in value during high inflation or with dollar devaluation). Examples, gold, silver, TIPS (Vanguard Inflation Protected Securities Fund or the TIPS fund are good choices), energy & oil, and commodities including agricultural, and International stocks. These stocks wiill do better than US stocks because of exchange rates if we have a dollar devaluation. 15% in silver and among all alternative investments as things get worse I will increase my alternative investments allocation and will add guaranteed (for principal but not to exchange rate) cd's invested in a strong basket of foreign currencies through Everbank (www.everbank.com)
And remember a good stock fund is easier to pick than a stock, easier to monitor. Do not have over 2% of your investing assets of all types in any one stock!!!!! This has killed many investor due to stock specific risk (Enron, Level 3 etc).
I have been investing for about six years now. I eventually want to be a full-time day trader. I consider myself a medical marijuana stock expert given the time i've spent researching and trading these stocks in this particular sector.
I am a Civil Engineer, who is married with three kids under the age of 5. In early 2013 I took a more active role in managing my IRA for retirement and decided to publicly share my experiences in building the portfolio. My hope is to provide a positive example for other young do-it-yourself investors as they save for retirement on a limited budget.
My interest in investing mostly began in 2005 when I started up an investment club with a few friends from college and has accelerated as I've been reading and learning along the way. Since then, investing and the stock market has become a passion and favorite hobby and I've enjoyed writing about stocks and sharing ideas I have here on Seeking Alpha.
My investing goals are to build a nest egg for retirement and fund college education accounts for my kids. I invest mainly in dividend paying stocks that have shown a history of consistent growth in earnings and dividend payouts.