Hi, I am a novice with a lot to learn. I began this journey in 2008. I read a book on mutual funds. Not even aware there was a financial crisis (embarrassed icon) I invested in two mutual funds. In 2011 I purchased my first stock. Currently, I absorb myself on understanding the market and purchasing equities. My disciple is in psychology. I have a BS in psychology and a MA in psychology counseling. Recently I earned the title of a LPC.(Licensed Professional Counselor)
This web site, from my experience, has a plethora of invaluable data from people with a wealth of experience. For me, it is a gift they are willing to share their knowledge, experience, their "winners" and even share the "lumps" they taken. I admire anyone who gets knocked down in the market, brushes themselves off and stands at home plate again for another swing.
A big THANK YOU!!!!! to all those who have done their due diligence and share it daily. Oh from my photo, it's obvious I was a HUGE Boston Celtics fan during "The Bird Era!!!"
Seasoned COO dedicated to bringing organizations to the next phase of growth and development.
Diligent and motivated to improve processes, streamline operations and increase revenue.
My passions are taking a seed, cultivating and watching it grow!!!! I love what I do and I love the company I work for LaborSmart, Inc.
Currently the President & CEO of a publicly traded startup in the temporary staffing industry, specifically what we call the "On-Demand" sector. I have been in the staffing industry for approx 14 years. I started out as an Account Executive for the largest on-demand provider in the country and have been in the staffing industry ever since.
Enjoy spending time with my wife and 3 beautiful children when Im not working. Doesn't have to be anything fancy, a day at the movies or at the park works just fine for me.
My personal interest in investing started back in the 90s. I was 14 or 15 years old and earned some money delivering papers. Saving money was a hobby of mine, but I was always greedy to make more money (the easy way of course!).
Stock markets were bullish back then and I remember my father got a tip from an uncle (or someone else related). He told me about Antonov, a Russian company that builds airplanes. They had developed some kind of unique gearshifting mechanism. Of course the stock price of Antonov would explode if this product hit the markets. Without thinking about underlying business fundamentals I invested $200. I didn't think about the costs, probably costing me 10% of the transaction value back then. Needless to say the stock lost a lot of ground for different reasons. I refrained from investing for a few years.
A few years ago I read different books about investing. 'The Little Book That Beats The Market' by Joel Greenblatt was one of them. I remember I was in awe: could it really be so simple?! I constructed a portfolio of 5 MagicFormula stocks and left them for 1 year. The results were disastrous.... again. I picked two ForProfit-education stocks in this portfolio, but this sector got hit hard during 2011-2012. I sold all my shares.
After this little venture I started reading about index investing a few months later. This investing approach sounded relatively easy to me. Just buy a well diversified index fund with low costs and you'll be fine. Especially with dollar cost averaging and monthly deposits it's a useful strategy for starters because you receive instant diversification. I followed this strategy for over a year and I still think it's great strategy to accumulate some money.
However, I was still not very thrilled by the thought that bearish markets could wipe out 20-30-40% or more of my networth. Until I realized that with sturdy, dividend paying companies this volatility didn't matter! As long as the dividends are robust (and growing!) it is of no relevance what the underlying stock price is. The cash-flow still continues!
Another advantage of dividend growth investing is you invest in individual companies which are fairly valued if you do your job. With index investing you buy a lot of companies with varying price/earning valuations, some of which may not be really good investments at that price.
I have written 2 dutch books on value investing: "Aandelen selecteren als waardebelegger" and "Beleggen in bull- en bearmarkten". See bol.com (search for the titles). As a mathematician (Ph.D.) I am most interested in investment strategies with statistically favorable returns. In particular I invest in net-nets (20-30% average annual returns). I find companies with low Enterprise Value/Earnings before Tax and Interest (EV/EBIT) and strong balance sheets (20% average annual returns) also very interesting. Since such stocks are rare I invest globally. Send me a message with your email address to get example articles of my premium research on Seeking Alpha.
In 1981 Allen founded Allen and Caron, which now has offices in Irvine, California, and New York City, with affiliates in London and Milan. He spent the 1970s in various areas of media and communications. Initially he was an editor and later a marketing manager for scholarly and educational book publishers; he then moved on to serve in the cutting-edge public affairs department at Atlantic Richfield Company in the mid-1970s. When he left Atlantic Richfield, he became vice president and general manager of the southern California region of Bozell & Jacobs Public Relations.
Allen has served on the boards of several small companies, including Westergaard.com, the publishing enterprise of the late John Westergaard. He is the co-author of a college text on system life cycles and books on business communications and continuing education. He has written a book on sandcastles, and has written on a variety of topics for numerous leading magazines and newspapers, and has been active in several charities. He is currently working on a family memoir and a novel.
Allen has also been a contributing author for the "Inside the Minds" series of C-Level Business Intelligence™ books published by Aspatore Books, a Thomson Reuters business. His contributions include a chapter in Public Relations Leadership Strategies titled Investor Relations: Creating a Dialogue with the Investor and a chapter in Public Relations Best Practices 2008-2009 titled Cross-Border Companies: A Fast-Increasing Trend in Investor Relations.
My name is Chris and I'm a former portfolio manager looking to share my ideas with others. I trade emini futures live everyday at http://www.stocksandstocks.com and give away all educational information for free. I cannot read minds so if you have a question feel free to ask me.