I have been investing for over 40 years, evolving from investor to trader. The bear part comes from my degree from Cal: Go Bears! From 1982 to 2000, I managed a 17% return trading mutual funds on the basis of relative strength. This success was, of course, helped by an historic bull market, but there were challenges, such as the Crash of ’89. In 2000, as a high-tech sales and marketing exec with Hewlett-Packard, I made money on many .com stocks, helped by doing business with them. When the bubble began to break, my experience with trading and sell rules got me out with relatively little damage. Since that period, the market has become more volatile as trading became more electronic, and buying and selling mutual funds evolved into trading ETF’s. I continue to invest in ETF’s and leading stocks. I encourage criticism as a means of having great conversations, and continuing life-long learning. I am a short-term trader, but I let profits run as long at the stock or ETF remains in an uptrend. I use strict rules for determining when a trend breaks. I also trade options, specializing in an iron condor strategy that I call "trading for yield."
I AM A NUMBER DUMMY!!
A term I use for the general public MIDDLE CLASS. We are the financially uneducated, unexposed to the stock market and financial investments. Most of us don't even know what the fiscal cliff is. One woman thought it was 70 ft. tall! WOW!
I for one, think we should start teaching our kids financial responsibilities in schools, at an early age. How about a REAL education for once.
Why we need classes like home eck is beyond me. Cooking & sewing?? Read the box & microwave it! I for one support a small tax on investment income to support financial education in public schools. Could help save America.
I'm coming to the game late, so I'm quite aggressive towards growth.
My thoughts on the fiscal cliff?? Shove ur scare tactics where the sun don't shine!!
As for investing, I shoot from the hip. I go with my gut. Common sense goes along way. I don't buy hype. EPS what? What ticker is that?
HISTORY; 20 yrs. prototype machinist. 12 yrs. construction labor, management, owner.
Current; Investments & gardening (yes, profitable..gardening that is ;)
At the date of writing this brief synopsis of myself I am a Senior In college majoring in Finance. I have always had an interest in the markets, and from a very early age I deeply believed in the importance of learning how to make my money work for me. I am a beginner with the full intent of applying my theoretical knowledge obtained from academia, and also learning from all levels of investors through this platform.