I have 3 kids under 10. We live debt free, own 2 used cars paid with cash and rent for $600/mo. I was tired of watching our Roth IRAs grow by %10 in 10 years in loaded mutual funds, while the S&P500 beat our Roths easily. With the help of Seeking Alpha authors I started buying stocks about 10 months ago. Up about %50 over all (+/- %10 in a given week due to high beta small cap growth stocks) Very excited about the opportunities ahead. So far I have done very well at picking stocks and timing my buy-ins. I need to learn when to sell. Any help or advice is welcome. I do this part time reading a few hours in the evening and on my phone at work. Thinking about doing this full-time.
I’ve been interested in the market ever since the downturn in 2009. It wasn’t until this past year where I started to enhance my trading skills and invest. I am here to bounce ideas off other investors and interact with like-minded individuals looking to get ahead. My strategy is in finding small cap companies that are undiscovered by large investment firms, particularly businesses with solid fundamentals.
I am a long term trader, but occasionally play the shorts. Please feel free to message me or follow me on SA.
2013 portfolio finished up 160%
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." -Warren Buffet
"Stock tips are tempting, but they’re not worth listening to. Tips are for waiters, not traders." -Jim Cramer
"If anyone ever tells you to pay for their investment advice, make sure you request last year's tax forms to prove it. "
"You must look at things in the aspect of eternity" - The Intelligent Investor
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 45 stocks combined in my regular portfolio and retirement portfolio. I hold most stocks for the long term (e.g. AAPL, BRKB, GE, J&J, KO, PG, WFC.) 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 ( 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 the transportation of gas, but I still hold half of my EPD shares. 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.
I am a professional who spends their day looking at securities, swaps, legislation and legal implications on the same. I look for value where it is otherwise not found. I look for the Blue Star Airlines before the Blue Horse Shoes of the World, exploit it.
Starting late in life. Playing catch-up with just about everything. Including the start of a family. We have a toddler and an infant in the house diagnosed with Down's Syndrome. I wouldn't trade it for the world! At my age, I have a lot more to teach/offer my kids than I did at 20-30. Now I get to figure out what I want to be when I grow up.
I've worked in tho Oil & Gas business for 29 years. Most of those years spent in mid and downstream operations. I'm educated, but not an engineer. I do have good earning power for the foreseeable future.
Love this site and am using much of the information I discover here that I haven't seen anywhere else.